Sawt Falasteen - Economy

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Featured

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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French actor Godreche files rape complaint against famed director

French prosecutors said Wednesday they had opened an inquiry after actor Judith Godreche filed a complaint against film director Benoit Jacquot, accusing him of raping her in a relationship that began when she was 14 and he was 25 years her senior.

Ukraine calls for 'urgent' military help after fresh Russian strikes

Ukraine urged the West on Wednesday to speed up and increase deliveries of artillery shells after a "massive" new Russian missile attack on Kyiv and other regions killed at least five people and wounded more than 40.

Stock markets mixed as investors digest corporate results

Global stock markets diverged on Wednesday as investors digested a mixed bag of corporate earnings and the likelihood that the US Federal Reserve would wait longer than hoped to cut interest rates.

Brentford condemn 'vile' online racist abuse of Toney

Brentford have condemned the "vile harassment" of Ivan Toney after the England striker was the target of online racist abuse, labelling the response of social media companies "underwhelming".

US trade gap narrows in 2023 to smallest in three years

The US trade deficit narrowed in 2023 to the smallest in three years, according to government data released Wednesday, while America bought more goods from Mexico than China for the first time in about two decades.

European stock markets drop, Shanghai extends gains

European stock markets dropped on Wednesday as traders reacted to more mixed earnings and weak German data, while Shanghai extended a rally on measures aimed at supporting China's ailing economy.

Deal signed to export DR Congo copper via US-backed corridor

Two firms, Singapore-based Trafigura and Canada's Ivanhoe Mines, signed a major deal on Wednesday to export copper along a US-backed rail route from the Democratic Republic of Congo.

'Massive' Russian air attack kills at least five in Ukraine

Russia fired dozens of missiles and drones at Ukraine on Wednesday in a "massive" early morning attack that killed at least five people and injured more than 30, officials in Kyiv said.

TotalEnergies posts record annual profit at $21.4 billion

French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied natural gas and electricity divisions.

TotalEnergies reports record annual profit at $21.4 bn

French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied natural gas and electricity divisions.

Asian markets track Wall St higher as Shanghai extends rally

Shanghai stocks extended their rally Wednesday on hopes for more Chinese measures in support of battered markets, while traders in most other parts of Asia tracked Wall Street advances fuelled by strong earnings.

Contaminated soil landslide threatens Danish village

A small hamlet in the west of Denmark is facing an unusual existential threat: a landslide of contaminated waste that is bearing down on the community and a nearby river.

Why fashion's 'recycling' is not saving the planet

In H&M's flagship Paris store it is hard to find clothes that don't claim to be made from "recycled materials".

Why Germany is being hit by strikes almost every day

A wave of strike action has brought Germany to a standstill in recent weeks, as Europe's largest economy has struggled for growth and consumers have felt the pinch from sky-high inflation.

Asian markets track Wall St higher as Hong Kong extends rally

Hong Kong and Shanghai stocks extended their rally Wednesday on hopes for more Chinese measures in support of battered markets, while traders elsewhere in Asia tracked Wall Street advances fuelled by strong earnings.

The Super Bowl (Taylor's Version): Top Chiefs fan takes spotlight

The Super Bowl, already a spectacle of American football, music and advertising, kicks off Sunday with yet one more attention-grabbing lure: megastar Taylor Swift cheering from the VIP suites.

Santos, Woodside abandon mega-merger talks

Australian energy firms Santos and Woodside Energy on Wednesday abandoned talks to create an oil and gas firm worth more than US$50 billion.

Networks unite to create new sports streaming platform

ESPN, Fox and Warner Bros Discovery have reached agreement on a new streaming platform for live sports content, the companies said on Tuesday.

Ford beats earnings expectations despite rising labor cost

US automaker Ford topped earnings expectations in the fourth quarter of 2023 and is forecasting higher profits this year despite greater labor costs and losses in its electric vehicle segment, according to a financial report released Tuesday.

Global stocks rise on strong earnings, new support from China

US and European indexes edged cautiously higher Tuesday as investors digested strong corporate results, while stocks in Hong Kong and Shanghai soared after Chinese authorities announced moves to reverse a long-running rout.

Probe suggests blown-out Boeing jet panel had missing bolts

Four of the bolts securing the panel of a Boeing 737 MAX 9 Alaska Airlines jet that blew off mid-flight last month were missing, according to a preliminary investigation published Tuesday.

Stocks rise on China support measures, earnings results

US and European indices edged cautiously ahead Tuesday as investors digested corporate results after Hong Kong and Shanghai stocks soared on Chinese authorities moving to reverse a long-running rout.

US raises overcapacity concerns in economic talks with China

Key economic officials from the United States and China concluded a two-day meeting on Tuesday in Beijing, exchanging views on their domestic outlooks and speaking about worries such as overcapacity.

UBS to reward shareholders as it weathers Credit Suisse takeover

Swiss banking giant UBS announced Tuesday a big payout to shareholders but its CEO warned that it faced a substantial restructuring before it could reap the benefits from its takeover of fallen rival Credit Suisse.

Meta wants industry-wide labels for AI-made images

Meta on Tuesday said it is working with other tech firms on standards that will let it better detect and label artificial intelligence-generated images shared with its billions of users.

Scientists study levels of toxic mercury in Antarctic seals, whales

A gunshot interrupts the peaceful sleep of a leopard seal, lying nonchalantly on a small piece of ice floating in the shadow of an Antarctic glacier.

Stock markets rise on China support measures, earnings results

Hong Kong and Shanghai stock markets soared Tuesday after Chinese authorities moved to reverse a long-running rout, while US and European indices rose as investors also digested corporate results.

'Many questions' for IAEA visit of Russian-held nuclear plant

UN nuclear chief Rafael Grossi on Tuesday said he had many questions for the Russian team in control of Ukraine's Zaporizhzhia nuclear power plant ahead of a visit to the facility.

Hermes vs Hermes: Turkish bookseller takes on French giant

It's a case of Hermes vs Hermes.

West Bank Palestinians 'exhausted' by omnipresent Israeli surveillance

Rotating cameras planted on a rooftop terrace "follow our every move", said Hebron resident Umm Nasser, protesting intensified Israeli surveillance of her occupied West Bank city since the start of the Gaza war.

BP bags bumper 2023 profits, rewards investors

British energy giant BP logged multi-billion-dollar annual profits Tuesday despite lower oil prices and following boardroom turmoil, sending its share price rallying thanks also to more big payouts to investors.

Hong Kong, Shanghai stocks surge on China help

Hong Kong and Shanghai stock markets surged Tuesday after Chinese authorities pledged to help reverse a long-running rout, while Europe mostly gained as investors tracked company earnings.

Sawt Falasteen - Economy (English)