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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US pastor who pocketed investors' $1.3m says God told him to do it

A US pastor who sold a worthless cryptocurrency to his flock and pocketed $1.3 million, using some of it to remodel his house, has insisted he was only doing what God told him.

Alaska Airlines finds many loose bolts on its Boeings as United questions orders

Boeing came under renewed pressure Tuesday as the head of Alaska Airlines said inspections carried out after a dangerous incident had found many loose bolts on its 737 MAX 9 aircraft.

Global stocks mixed amid varied Wall Street earnings results

Global stock markets treaded water on Tuesday as investors eyed a raft of corporate earnings for clues as to whether growing optimism for the US economy this year is warranted.

Conde Nast staff stage walkout against layoffs

Hundreds of unionized staffers at Conde Nast, the parent company behind legacy publications including Vogue and Vanity Fair, walked out Tuesday in protest of looming layoffs.

Prime real estate: Original Amazon House up for sale

The house where Jeff Bezos founded online shopping mammoth Amazon is up for sale, offering one lucky buyer the chance to own a piece of internet history.

Tears as Romanians flock to artist Brancusi's 'homecoming'

A Brancusi show billed as the "symbolic homecoming" of the sculptor to his native Romania has been a huge hit, leaving some visitors in tears.

Israel faces mounting pressure to end Gaza war amid deadliest day for troops

Israel on Tuesday said 24 soldiers died in the biggest single-day losses since the start of its ground war in Gaza amid growing pressure on the government to end the conflict.

Stocks mixed after Wall Street records, all eyes on earnings

Stock markets treaded water on Tuesday as investors eyed a raft of corporate earnings.

P&G reports mixed earnings, higher prices boost revenue

Consumer goods giant Procter & Gamble painted a mixed picture in its earnings report Tuesday, as price hikes supported revenue growth but customers appeared to pull back in some purchases.

Stocks, dollar diverge as oil drops

Stock markets diverged and oil prices retreated Tuesday as Chinese officials reportedly mull action to bolster its flagging economy.

Russian hackers suspected of Sweden cyber attack

Online services at some Swedish government agencies and shops have been disrupted in a ransomware attack believed to have been carried out by a Russian hacker group, IT consultancy Tietoevry said.

Japan give goalkeeper 'full support' after racist abuse

Zion Suzuki has "the full support" of Japan's squad at the Asian Cup after the goalkeeper was racially abused online, their coach said on Tuesday.

Ericsson sees 'further' market decline after 2023 loss

Swedish telecoms equipment giant Ericsson warned Tuesday that it expected further market decline outside China this year after booking a sizeable loss in 2023 due to a write-down and restructuring costs.

Kosovo tries to tackle domestic violence - but women keep dying

After more than a decade in an abusive marriage, Linda fled to a refuge in a suburb of Kosovo's capital Pristina, a safe space for survivors in a nation long ravaged by domestic violence.

Combat flares in southern Gaza as new hostage deal sought

Combat raged in Khan Yunis in the southern Gaza Strip on Tuesday, against a backdrop of negotiations aimed at bringing about a pause in fighting between Israel and Hamas in the absence of a long-term peace plan.

Bank of Japan maintains ultra-loose policies

The Bank of Japan maintained its signature monetary easing measures on Tuesday, as speculation grows of a shift away from its ultra-loose stance.

Hong Kong leads Asian market rally on China support hopes

Hong Kong led a rally across Asian markets Tuesday as traders were cheered by reports that Chinese authorities were considering a blockbuster boost to equities after a painful start to the year.

Perec's Olympic goal driven by changing perception of French West Indians

France's three-time Olympic champion Marie-Jose Perec says her motivation to succeed on the track was so she could speak up for other French West Indians -- but she needed to win "otherwise what you say goes unheard".

Paris' grittiest suburb awaits Olympics dividend

From the windows of "Les Bons Vivants" cafe, a short walk from the athletes' village for the Paris Olympics, the changes underway in the once run-down neighbourhood are instantly visible.

EU under pressure to defuse farmers' anger

EU agriculture ministers will discuss on Tuesday how to resolve European farmers' growing discontent as Brussels scrambles to address the issue ahead of elections this year.

Norwegian factory gears up to supply ammunition to Ukraine

Around the clock, glowing slabs of steel move from one machine to the next in a Norwegian factory producing artillery shells desperately needed by Ukraine.

Wall Street smashes records ahead of heavy corporate earnings

Stocks moved higher Monday in the United States and Europe, with both the Dow and the S&P 500 hitting new record highs on growing optimism for the American economy.

Will sanctions easing reboot Venezuela's oil industry?

On paper, the easing of US oil sanctions against Venezuela should allow its battered economy to once again profit from a resource it has more of than any country in the world.

FAA recommends inspections for more Boeing models

The US Federal Aviation Administration has recommended that airlines inspect door plugs on Boeing 737-900ER jets after a blowout on another type of aircraft with a similar mid-cabin exit earlier this month.

Israel pressed on two-state solution, pounds south Gaza

Palestinians sheltered from intense fighting in southern Gaza where communications were cut again on Monday, as pressure mounted on Israel for a solution involving long-sought Palestinian statehood.

Wall Street smashes records as tech earnings boost confidence

Stocks moved higher in the US and Europe on Monday, with both the Dow and the S&P 500 building on record gains seen ahead of the weekend on growing optimism for the American economy.

'It makes me sad': Gloomy times for Argentine vacationers

They are few, tight-fisted and downcast. This year's trickle of Argentine vacationers to a popular Atlantic beach resort is a dreary reflection of the country's economic woes.

Stocks advance as optimism for US economic outlook grows

Stocks rose in Europe and on Wall Street on Monday, lifted by expectations the US economy will shake off geopolitical concerns to continue expanding this year even if the Federal Reserve holds off on cutting rates while waiting to see inflation come down.

Biden, Harris put abortion rights on election frontline

US President Joe Biden and Vice President Kamala Harris will push the fight for abortion rights in a series of events this week, highlighting what Democrats believe is political kryptonite for Donald Trump in November's election.

South African miners see gold in hills of waste

In Johannesburg, illegal miners and mining companies are in a race to tap golden riches hidden in hundreds of heaps of mine waste, many taller than a 20-storey building.

Nigeria's polluted economic hub Lagos bans styrofoam, plastics

Nigeria's Lagos State, which includes the country's sprawling economic capital of more than 20 million people, has announced a ban on styrofoam and single-use plastics to curb pollution.

German train drivers to stage longest-ever strike

German train drivers will stage their longest-ever walkout with a six-day strike this week, their union said Monday, escalating a dispute with rail operator Deutsche Bahn over pay and working hours.

Sawt Falasteen - Economy (English)