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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Lufthansa doubles profit in 2023 as demand booms

German airline giant Lufthansa said Thursday it had doubled profits in 2023 on booming demand, as the aviation sector extends a rebound from the coronavirus pandemic.

China trade surges in first two months of 2024

China's exports sharply accelerated in the first two months of 2024, official figures showed Thursday, providing policymakers a bright spot as they battle to revive the world's second-largest economy.

Women break into Japan's 'masculine' Noh theatre

Kimono-clad Mayuko Kashiwazaki delivers her lines in guttural tones and transforms into an evil snake in the lead role of a Japanese Noh play where, unusually, most of the cast are women.

Protectionism, taxes, fuel: The high cost of air travel in Africa

Travelling 1,000 kilometres (620 miles) by air between two capitals on the same continent does not seem like a challenge. But it can be one in Africa.

Bulk carrier hit by missile from Yemen, crew says three killed

A missile fired by Yemen's Huthi rebels hit a bulk carrier in the Gulf of Aden on Wednesday, with the crew reporting three people killed and at least four wounded, the US military said.

TVNZ cuts jobs in fresh blow to New Zealand media

New Zealand public broadcaster TVNZ said Thursday it plans to cut nearly 10 percent of its staff, a week after its free-to-air TV news rival said it was closing altogether.

Sticky inflation to keep eurozone interest rates on hold

Sticky inflation is expected to prompt eurozone rate-setters to hold borrowing costs steady again Thursday, as they await clearer signs of a sustained easing of consumer prices before beginning to cut.

Thousand march in Poland after Belarusian woman raped and killed

Around a thousand people on Wednesday rallied in Warsaw against sexual violence after the death of a raped Belarusian immigrant sent shockwaves through the community of Belarusian exiles in Poland.

Boeing slammed for dragging feet in Alaska Airlines probe

The head of the federal investigation into a troubled January flight on a Boeing 737 MAX jet blasted the aviation giant on Wednesday for not providing key information quickly.

Hard to enforce: Chile's law against abuse-fueled suicides

Chilean Antonia Garros, a gastronomy student, was just 23 when she jumped from a 13th-floor balcony in 2017 after her boyfriend assaulted her yet again.

Egypt secures extra $5 bn in IMF loans as pound plunges

Egypt secured an additional $5 billion in IMF loans on Wednesday, the two sides said, after the central bank hiked interest rates and allowed the pound to plunge by nearly 40 percent.

US stocks rise on rate hopes as gold hits record high

US and European stock markets rose Wednesday and gold hit a record high as the Federal Reserve kept alive expectations of rate cuts later this year and the British government unveiled a pro-growth budget.

UK govt woos votes with more pre-election tax cuts

Britain's beleaguered government on Wednesday announced a fresh tax cut for millions of workers as it tries to win round voters before a general election expected this year.

Starbucks Middle East franchise cuts jobs amid Gaza war

The Kuwait-based Alshaya Group said on Wednesday it would cut jobs from its Starbucks Middle East franchise due to "challenging trading conditions" amid a boycott of Western brands over the Gaza war.

US Fed's progress against inflation 'not assured': Powell

The US Federal Reserve's progress in bringing down inflation is "not assured," the chair of the country's central bank told lawmakers in Washington Wednesday, on the first of two days of hearings in Congress.

Egypt secures $5 bn additional loan from IMF as pound plunges

Egypt secured an extra $5 billion in IMF loans on Wednesday, the two sides said, after the central bank hiked interest rates and allowed the pound to plunge by nearly 40 percent.

Morocco winter breaks heat records: meteorologists

Morocco experienced record heat this winter, including the hottest January since measurements began, the country's meteorological department told AFP, placing the blame on climate change.

US private sector hiring up less than expected in February

Job gains in the US private sector picked up in February, payroll firm ADP said Wednesday, a sign that could give the Federal Reserve some pause as it mulls the timing of interest rate cuts.

EU looks to AI to battle cyber threats

The European Union is poised to use artificial intelligence and other tools to create a "cyber shield" protecting critical infrastructure and sectors from threats, officials said Wednesday.

Asian stocks drop after global markets fall on tech sell-off

Asian shares mostly slumped on Wednesday after global markets fell as traders locked in profits following recent tech-driven rallies.

South Korean police question first doctor over walkouts

South Korean police on Wednesday called in a doctor for questioning -- the first to be summoned in connection with a mass walkout by junior medics, which has plunged hospitals into chaos.

India's 'drone sisters' steer farming and social change

Once a housewife in rural India, Sharmila Yadav always wanted to be a pilot and is now living her dream remotely, flying a heavy-duty drone across the skies to cultivate the country's picturesque farmlands.

Far-right threatens to scare off German industry's new talent

In its search for sorely needed talent, German chipmaker Infineon is looking as far as Guatemala, but the rise of the far-right at home risks making the move unappealing and harming the industry.

New York's new composting plan is ambitious - but controversial

New York has begun rolling out a large-scale organic waste collection program, but the landmark initiative has upset many of the local groups that previously handled composting, who say they now face critical funding cuts.

'Luckiest' Oppenheimer biographer rooting for Oscar wins

Kai Bird has just returned from the Jaipur literature festival, where he signed countless copies of his two-decade-old book for hundreds of young Indians who all watched the film "Oppenheimer."

Gold, bitcoin pull back from records as US stock markets slip

Gold prices and bitcoin hit all-time highs Tuesday before paring some gains, while a sell-off in some tech stocks led to a slump in many stock markets around the world.

Messi's promised Barca contract, on a napkin, up for auction

To the untrained eye, it might look like just another used napkin.

Karl Lagerfeld's Paris home up for auction

Karl Lagerfeld's Paris apartment will go up for auction with a guide price of 5.3 million euros ($5.8 million), the notary responsible for the sale said Tuesday.

Tesla German plant halts production after sabotage claimed by far-left group

Tesla halted production at its German factory Tuesday after power lines supplying the electric carmaker's only European plant were set on fire in an act of sabotage claimed by a far-left group.

Gold hits record peak on US rate cut hopes

The price of gold on Tuesday struck an all-time pinnacle, boosted by its haven status ahead of expected cuts to US interest rates amid growing economic gloom.

Chanel pays tribute to Coco's seaside beginnings

On the last day of Paris Fashion Week on Tuesday, Chanel took a trip to the seaside for a show dedicated to the place where its famous founder launched her first boutique.

Tesla's German plant halts production after suspected arson attack

Tesla halted production at its German factory Tuesday after assailants allegedly set fire to high-voltage lines nearby, cutting power to the US electric carmaker's only European plant, the company and authorities said.

Sawt Falasteen - Economy (English)