Sawt Falasteen - Economy

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Attacks on Gulf energy infrastructure 'worrying' for outlook: Pakistan finance minister

Pakistan's finance minister on Saturday told AFP the country had so far withstood the shock from skyrocketing energy prices due to the Iran war, but that attacks on infrastructure in Saudi Arabia and other Gulf countries were "worrying" for the country's longer-term economic outlook.

'Two bad options': Rights groups decry IMF austerity demand

Coconut farmer Sombat Chuekrod travelled more than 200 kilometres to join hundreds on the streets of Bangkok on Friday demanding that the International Monetary Fund and World Bank change how they deal with the developing world.

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Oil rises, stock markets mixed before key inflation data

Oil prices rose Tuesday on tensions in the Middle East while stock markets wavered as investors awaited key inflation data later this week.

French delicatessen Fauchon bought by Breton biscuit firm

French gourmet food and delicatessen company Fauchon said Tuesday it has been bought out by Galapagos, a Brittany-based biscuit maker.

Oil rises, markets tread water before key inflation data

Oil prices rose Tuesday on tensions in the Middle East while stock markets wavered as investors awaited key inflation data later this week.

Pope Francis apologises over gay slur

Pope Francis issued an extraordinary apology on Tuesday over his reported use of a gay slur in a closed-door meeting with Italian bishops last week.

New Caledonia unrest pushes nickel sector deeper into crisis

Weeks of unrest in New Caledonia have plunged the archipelago's nickel industry, already on government life support, closer to catastrophe, sector representatives say.

Stock markets tread water before key inflation data

Stock markets wavered Tuesday as New York and London returned to action following public holidays, with investors now bracing for key inflation data later this week that could shed light on the interest-rate outlook.

Stock markets swing before key inflation data

Asian and European stock markets wavered Tuesday as investors geared up for key inflation numbers later in the week, while London returned to action after a three-day long weekend.

Asian markets swing, dollar drops ahead of US inflation data

Asian markets fluctuated Tuesday as investors took a breather after the previous day's rally and as they gear up for the release of key US inflation data later in the week.

Senegal ex-rifleman in his 90s to carry Olympic torch in France

At over 90 years old, former Senegalese rifleman Oumar Dieme considers it something of a miracle that he will be carrying the Olympic torch as part of the opening of this summer's Paris Games.

120 business leaders back UK's Labour in election

The UK's Labour party won the backing on Tuesday of 120 business leaders, in a timely boost as it bids to oust the ruling Conservatives in the upcoming general election.

Asian markets, dollar drop ahead of US inflation data

Asian markets dipped Tuesday as investors took a breather after the previous day's rally and as they gear up for the release of key US inflation data later in the week.

Shanghai lifts home-buying curbs to boost property sector

Shanghai has relaxed rules on buying property in the city, as local governments across China aim to ease an agonising real estate crisis that is dragging on the economy.

Luxury influencers vanish from Chinese social media in wealth crackdown

Chinese social media censors have blocked multiple influencers known for showing off their lavish lifestyles after an official campaign to curb displays of ostentatious wealth online was announced.

Asian markets diverge, dollar weakens ahead of US inflation data

Asian markets were mixed Tuesday as investors took a breather after the previous day's rally and as they gear up for the release of key US inflation data later in the week.

China wheelchair users claim outdoors with hand-cranked bikes

Speeding along crumbling roads past dusty villages and herds of sheep, a team of cyclists turns heads in China's Inner Mongolia withtheirunusual equipment.

For deaf children in Pakistan, school is life

At a school for the deaf in Pakistan, the faces of students are animated, their smiles mischievous, as their hands twirl in tandem with their sign language teacher.

Brazil's new Petrobras chief calls to speed up oil exploration

The new boss of Brazil's Petrobras said Monday it was crucial that the state-run company "accelerate" oil exploration, including in a controversial offshore basin near the mouth of the Amazon River.

Argentine court orders Milei government to distribute held-up food aid

An Argentine court on Monday ordered President Javier Milei's government to release tons of food meant for the poor -- about half the population -- but held in storage pending an audit he had ordered.

OpenAI's Johansson gaffe pushes voice cloning into spotlight

OpenAI was forced to apologise to actor Scarlett Johansson last week for using her voice –- or something very similar –- on its latest chatbot, throwing the spotlight on to voice-cloning tech.

European, Asian stocks rise as traders eye US inflation

Asian and European stock markets rose Monday in holiday-thinned trading, with investors awaiting fresh US and European inflation data for more clarity on the outlook for interest rates.

Asian markets rise as traders eye US inflation

Asian markets rose Monday, tracking a bounce on Wall Street at the end of a painful week for investors, with eyes now on the upcoming release of key US inflation data.

China Premier Li meets Samsung boss, vows to help foreign firms

China's Premier Li Qiang said his country will always be open to foreign companies and promised steps to boost their confidence in the world's second-largest economy, state media reported.

Most Asian markets rise as traders eye US inflation

Most Asian markets rose Monday, tracking a bounce on Wall Street at the end of a painful week for investors, with eyes now on the upcoming release of key US inflation data.

EarthCARE satellite to probe how clouds affect climate

Will clouds help cool or warm our world in the years ahead? The EarthCARE satellite will soon blast off on a mission to find out, aiming to investigate what role clouds could play in the fight against climate change.

Disinformation war engulfs Mexican presidential race

Does Mexican presidential front-runner Claudia Sheinbaum want to make circumcision compulsory and close a revered Catholic church? No, it's all part of an election disinformation war.

Karla Sofia Gascon: Spanish trans actor, Cannes prizewinner

Karla Sofia Gascon, who jointly won best actress at the Cannes Film Festival on Saturday for her performance as a Mexican drug baron who becomes a woman, is a Spanish actor who started out life as a man.

G7 ministers cite 'progress' but no deal on Russian assets for Ukraine: draft statement

G7 finance ministers said on Saturday they were making "progress" in finding ways to use profits from frozen Russian assets to help Ukraine, according to a draft statement from a summit in Italy.

Over 170 arrested as climate protests target TotalEnergies and fund manager

The boss of TotalEnergies told shareholders Friday that new oil fields had to be developed to meet global demand, as the annual meetings of the French energy giant and one of its biggest shareholders were picketed by climate activists.

US stocks stabilize after choppy trading week ahead of long weekend

Wall Street swung higher Friday ahead of the long Memorial Day weekend, marking a positive end to a choppy week of trading that saw the Nasdaq set a fresh record even as concerns the US Federal Reserve could keep interest rates higher for longer weighed on markets.

Paris Orly facing mass cancellations in more strike woe

The French civil aviation authority has ordered airlines to cancel 70 percent of flights at Paris Orly airport on Saturday and Sunday because of a strike by air traffic controllers.

Stock markets stabilise at end of choppy week

Wall Street swung higher at the end of a choppy week of trading that saw the Nasdaq set a fresh record but worries the US Federal Reserve could keep interest rates higher for longer feed fears the rally may be losing steam.

Deathtrap cable cars spook Turkey's intrepid tea farmers

You need to be part daredevil to live in the spectacularly steep hills overlooking the Black Sea where Turkey grows its tea.

Sawt Falasteen - Economy (English)