Sawt Falasteen - Economy

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Thousands expected at Sweden climate demo as election looms

Around 10,000 people are expected to turn out for a climate demonstration in Stockholm on Sunday, according to Swedish police and organisers, just weeks ahead of a general election where the issue is among voters' top concerns.

Macron hosts Saudi's MBS for visit ranging from esports to Mideast

French President Emmanuel Macron welcomes Saudi crown prince and de facto ruler Mohammed bin Salman on Sunday for a two-day visit set to range from esports to the war in the Middle East.

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US hiring beats expectations with solid showing in February

Hiring in the United States was robust in February although unemployment crept up, government data showed Friday, a potentially encouraging sign for policymakers hoping to cool the economy without tipping it into a downturn.

German federal prosecutors to probe Tesla plant sabotage

German federal prosecutors said Friday they had taken over investigations into a suspected arson attack this week that caused a power outage and forced Tesla to halt production at its plant near Berlin.

New weight loss pill more effective than Ozempic: Novo Nordisk

An experimental new weight loss pill from Danish pharmaceutical giant Novo Nordisk could be twice as effective as its blockbuster Ozempic and Wegovy jabs, early results from a small trial have suggested, sending the firm's shares soaring.

Indonesian airline pilots fell asleep mid-flight: safety agency

The Indonesian air safety agency has called for better pilot fatigue monitoring mechanisms, after an investigation revealed that both pilots of a commercial aircraft had recently fallen asleep in-flight.

Former PM blasts 'insidious sexism' in French politics

Elisabeth Borne, the second woman to serve as prime minister of France, on Friday denounced the "insidious sexism" that she said still permeated French politics.

UK lawmakers demand action on finance sector misogyny

Efforts to tackle sexism in the UK financial sector, known as the City, are "at a snail's pace", lawmakers concluded Friday, as they demanded "urgent action" be taken over misogyny.

Nigeria targets cryptocurrency in bid to end naira freefall

The world’s biggest cryptocurrency exchange Binance is halting operations in Nigeria's naira currency as the government puts cryptobusinesses under increasing scrutiny.

'I will do it again': Myanmar student defies junta from jail

Student activist Lin Lin led protests against Myanmar's junta, defying the generals for months before being hunted down and caught.

Pakistan's women 'Rowdy Riders' take on traffic and tradition

Revving round a dusty oval in the heart of Pakistan's largest city, women on motorbikes practise looping a row of safety cones, their helmets securing colourful headscarves in place.

'Rainbow Catholics': Mexican church welcomes LGBTQ community

As a teenager, Victor Rodriguez felt excluded from his religion for being gay, but now he's welcome at inclusive masses in a Mexico City church, where same-sex couples have also begun receiving blessings with the pope's endorsement.

Rupert Murdoch is engaged once again -- at 92

Media magnate Rupert Murdoch is not giving up on love -- even at age 92.

Tinder must explain fee discrepancies to EU users

Dating app Tinder has promised to tell users in the EU why they are being charged different fees for the same service, after Brussels opened a probe following consumer complaints from Sweden and the Netherlands.

Despite 'Barbie,' women not getting movie lead roles: report

The share of Hollywood films with women in the lead role fell last year, new research showed Thursday, despite standout successes like "Barbie."

Stocks and gold rise on renewed rate cut hopes

Stock markets rose on both sides of the Atlantic and gold hit new records Thursday as the both the European and US central banks indicated interest rate cuts could be on the way later this year.

Biden to push higher corporate tax in key political speech

US President Joe Biden is expected to raise pressure Thursday on major corporations and wealthy individuals, calling for them to pay more in taxes in his State of the Union speech.

ECB freezes rates, saying not yet confident on inflation progress

The European Central Bank froze interest rates again Thursday, holding off from starting to cut as president Christine Lagarde said officials were not yet "sufficiently confident" on progress towards the bank's inflation goal.

Stocks rise, gold hits new record on rate cut hopes

Stock markets rose and gold hit new records Thursday as traders maintained hopes of interest-rate cuts by the European Central Bank and US Federal Reserve later this year.

Brazil posts grim record of 4 femicides a day in 2023

An average of four Brazilian women per day were murdered for motives linked to their gender in 2023, according to a study published Thursday on the eve of International Women's Day.

UN, France co-host first forum to decarbonise construction sector

France warned Thursday that the world's construction sector was not on track to decarbonise by 2050 as it co-hosts with the UN Environment Programme the first ever conference aimed at reducing the industry's impact on climate change.

Google opens new cybersecurity hub in Japan

Google on Thursday launched a new cybersecurity hub in Japan, aimed at helping to upgrade defences in the Asia-Pacific.

Saudi says 8% Aramco stake transferred to PIF wealth fund portfolio

Saudi Arabia on Thursday said it transferred an additional eight percent stake from oil giant Aramco to firms owned by the kingdom's PIF sovereign wealth fund, according to state media.

ECB keeps rates on hold with inflation still sticky

The European Central Bank froze interest rates again on Thursday as it held off from starting to cut borrowing costs amid concerns that sticky inflation is not easing as fast as hoped.

New German strike round snarls rail, air traffic

Hundreds of thousands of passengers in Germany faced travel misery Thursday as rail and airport workers staged new strikes to back demands for higher wages.

Stocks falter before ECB but gold shines after Powell

Global stock markets struggled Thursday as investors awaited a eurozone monetary policy call, but gold hit a new record peak after Federal Reserve boss Jerome Powell indicated US interest rates would start to come down this year.

Niger isolated and suspicious despite end of sanctions

It's been two weeks since the lifting of tough sanctions on military-ruled Niger, but the pace of economic recovery is slow and the generals have shown no inclination to re-open the border with Benin and seek a diplomatic settlement with neighbouring nations.

Lufthansa warns on 'damaging' strikes, as 2023 profits double

German airline giant Lufthansa warned Thursday about the "damaging" impact of a wave of industrial action at the start of this year, as it reported 2023 profits doubled on booming demand.

Spain's Mango clothing chain ramps up global expansion

Spanish fashion retailer Mango, founded 40 years ago in Barcelona, is ramping its global expansion despite economic uncertainties that have shaken some other global mass-market apparel giants.

Indonesian single mom makes ends meet as autorickshaw driver

Her three-year-old daughter at her side, single mother Ekawati plies Jakarta's notorious traffic in her three-wheeled autorickshaw, making ends meet as one of a growing number of Indonesian women seeking informal employment outside the home.

Markets struggle ahead of key US jobs data

Equities were mixed on Thursday as investors try to assess the Federal Reserve's plans for interest rates after boss Jerome Powell indicated they would start to come down this year.

Ireland votes in family, gender equality referendums

Ireland votes on Friday on constitutional references to the family and women's role in the home after campaigns that have honed in on vague wording, "mansplaining" and panic over polygamy.

German rail, air workers walk out in new strike round

Hundreds of thousands of passengers in Germany faced travel misery Thursday as rail and airport workers stage new strikes to back demands for higher wages.

Lufthansa doubles profit in 2023, but strikes cast shadow

German airline giant Lufthansa more than doubled its profits in 2023, extending a rebound from the coronavirus pandemic even as it faces fresh risks from a wave of industrial action.

Sawt Falasteen - Economy (English)