Sawt Falasteen - Economy

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Featured

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.

US, Canada fail to reach trade pact to avert Trump tariffs

Hefty US tariffs on some Canadian products took effect on Saturday after days of negotiations that went down to the wire failed to produce an agreement.

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Khan's party navigates Pakistan blackouts to keep campaign alive

Former prime minister Imran Khan's party has redefined election campaigning in Pakistan with its social media rallies and use of AI technology in a bid to sidestep a nationwide crackdown that has followed it online.

China's Tencent fires more than 120 workers for fraud

Chinese tech giant Tencent said it last year dismissed more than 120 employees for violating its anti-fraud rules, including for corruption and embezzlement.

Economists pilloried for getting forecasts wrong

Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global supply chains and forecasting a recession that has not materialised.

O'Neill makes history as N.Ireland's first nationalist leader

Michelle O'Neill on Saturday became the first nationalist leader of Northern Ireland's government, a historic moment for the British territory prompted by the return of power-sharing after the biggest pro-UK party ended a two-year boycott.

Knife attacker wounds three at Paris train station

Three people were injured Saturday in a knife attack at Paris's Gare de Lyon railway station, a major travel hub, police said, adding that a suspect with psychiatric problems had been arrested.

N.Irish lawmakers return to power-sharing after two-year hiatus

Northern Ireland's lawmakers on Saturday restored its devolved assembly after a two-year hiatus, paving the way for a power-sharing government led for the first time by a pro-Irish unity nationalist.

Kenyan president slams 'incompetence', 'corruption' after deadly blast

Kenyan President William Ruto on Saturday blamed incompetent and corrupt government officials for a deadly gas blast in Nairobi that killed three people and injured 280.

'Mob wife' is flashy fashion look of early 2024

"Mob wife" is the dominant fashion look of early 2024: knowingly over-the-top, even trashy -- the tough woman who has fought her way to money and power and isn't afraid to show it off.

O'Neill to make history as N. Ireland's first nationalist leader

Michelle O'Neill on Saturday becomes the first nationalist leader of Northern Ireland's government, when the assembly returns after the end of a two-year boycott by the biggest pro-UK party.

Siblings get 25 years for killing Venezuelan rapper Canserbero

A brother and sister accused of killing Canserbero, a Venezuelan singer once named the best Spanish-language rapper by Rolling Stone, were sentenced to 25 years in prison, attorney general Tarek William Saab said Friday.

US Fed 'not yet' at the point of rate cuts, official says

The US Federal Reserve is on the right track in its inflation fight, but "not yet" at the point where it should begin cutting interest rates, a senior official said Friday.

US stocks rally on tech earnings, solid jobs report

The S&P 500 hit fresh heights Friday as US indices rallied on tech earnings, even as red-hot US jobs data sent the dollar and bond yields up as chances of an early interest rate cut faded.

Erdogan picks ex-Amazon economist to head Turkey central bank

President Recep Tayyip Erdogan on Friday picked a former senior economist at the US online retail giant Amazon as the new head of Turkey's central bank.

Spotify renews Joe Rogan podcast with multi-year deal

Audio streaming platform Spotify announced Friday it has renewed its partnership with Joe Rogan for his flagship chart-topping podcast.

Six unpaired Michael Jordan sneakers sell for $8 mn

Six single Nike Air Jordans, worn by the eponymous basketball star in the 1990s, sold Friday for a record $8 million, according to auction house Sotheby's.

Turkey's pro-market bank chief resigns after scandal

Turkey's central bank chief Hafize Gaye Erkan said Friday she was resigning after less than a year in the job over a media scandal involving her family.

Lower profits at US oil giants still mighty enough for big investor payouts

ExxonMobil and Chevron reported lower but still strong profits Friday as they push ahead with hefty shareholder payouts and major acquisitions.

Top Swiss ballet dumps artistic director in 'zero tolerance' move

The prestigious Bejart Ballet Lausanne on Friday dismissed artistic director Gil Roman after he invited to a show a former production director sacked over sexual harassment claims.

'Hand yourself in': Suspect in UK corrosive substance attack still on run

UK police urged a man wanted for attacking a woman and her two daughters with a corrosive substance in London to turn himself, as he spent a third day on the run Friday.

French farmers lift roadblocks as Europe protests persist

French authorities said Friday the worst of a crisis that saw farmers block roads for days was over, as protesters began lifting barricades, but demonstrations persisted elsewhere in Europe including Spain, Italy and Greece.

Did Australian invent bitcoin? UK court examines claim

A court case starting in London on Monday will seek to determine whether Australian computer scientist Craig Wright invented bitcoin, the world's first and biggest cryptocurrency.

Dollar dazzles after hot US jobs data

Red-hot US jobs data sent the dollar and bond yields higher on Friday as chances of an early interest rate cut faded.

US jobs market defies expectations of January slowdown

The US labor market smashed expectations last month in a surprise hiring pick-up, government data showed Friday, with a resilient jobs market likely good news for President Joe Biden in election year.

Graves set for Yorkshire return after Rafiq racism row

The senior official accused of downplaying allegations of racism made by former Yorkshire cricketer Azeem Rafiq is set to return for a second stint as chairman of the financially stricken English county club.

Finnish strikes over labour reform empty Helsinki

Public transport ground to a halt across much of Finland on Friday as part of mass strikes over the government's proposed labour reforms, leaving Helsinki's normally-bustling city centre unusually quiet.

Europe stocks rise on US tech results, before key data

European equities rose Friday as investors digested bright tech earnings and awaited key US jobs data.

Public transport walkout hits strike-battered Germany

Public transport workers across Germany walked off the job on Friday in the latest industrial action to buffet Europe's top economy.

China economic slowdown to persist through 2028: IMF

China's economic slowdown is likely to persist in the coming years as the Asian giant struggles with sagging productivity and a rapidly aging population, the International Monetary Fund (IMF) said Friday.

Most markets advance after tech-fuelled Wall St surge

Stock markets rose Friday, tracking a surge on Wall Street fuelled by bargain-buying from the previous day's sell-off, while strong earnings from tech titans soothed worries about the impact of higher interest rates on bottom lines.

Asian markets advance after tech-fuelled Wall St surge

Asian markets rose Friday, tracking a surge on Wall Street fuelled by bargain-buying from the previous day's sell-off, while strong earnings from tech titans soothed worries about the impact of higher interest rates on bottom lines.

Asian markets rally after tech-fuelled Wall St surge

Asian markets rallied Friday, tracking a surge on Wall Street fuelled by bargain-buying from the previous day's sell-off, while strong earnings from tech titans soothed worries about the impact of higher interest rates on bottom lines.

UK teens face sentencing over killing trans girl

Two teenagers in Britain will be sentenced on Friday for murdering a 16-year-old transgender girl in a "frenzied and ferocious" knife attack.

Sawt Falasteen - Economy (English)