Sawt Falasteen - Economy

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Asian tech stocks mixed after Wall St losses, eyes on earnings

Asian stocks were mixed Monday following a Wall Street selloff fuelled by growing worries over the AI investment boom, though bargain-buying ahead of upcoming earnings provided some support.

Asian stocks start week on back foot, tracking tech-led Wall St losses

Asian stocks mostly fell Monday as traders tracked a tech-heavy selloff on Wall Street that was fuelled by growing worries over the AI investment boom.

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United, Alaska Airlines report loose hardware on 737 MAX planes

United and Alaska Airlines both reported on Monday that loose hardware had been discovered on some of their Boeing 737 MAX 9 planes during preliminary inspections after a dramatic mid-flight incident last week.

Budget-crunched Cuba to hike fuel prices over 500 percent

Cuba's cash-strapped government announced Monday that fuel prices will soar by more than 500 percent beginning February 1, part of a series of economic measures aimed at reducing the deficit.

Asian markets enjoy healthy bounce after Wall St rally

Asian markets enjoyed a much-needed bounce Tuesday after a dour start to the year, with traders tracking a rally on Wall Street fuelled by bargain-buying and a surge into sold-off tech giants.

Migrants resume caravan march in Mexico, say misled by officials

A caravan in Mexico of at least 1,000 migrants resumed its march northward towards the US border on Monday, accusing Mexican authorities of failing to fulfill their promise of granting humanitarian visas.

JPR Williams -- Wales' flamboyant rugby legend turned surgeon

John Peter Rhys Williams -- who died aged 74 on Monday -- was one of Wales' most celebrated players during his country's 1970s golden era.

Wales and British Lions legend Williams dies aged 74

Wales and British and Irish Lions rugby legend JPR Williams has died at the age of 74, his former club Bridgend announced on Monday.

At CES, tech knows if you're sick and rocks babies

CES, the annual high tech gadget extravaganza in Las Vegas, again delivers its wave of new inventions and cutting edge technology with artificial intelligence this year's unavoidable buzzword.

Golf legend Tiger Woods says Nike partnership ending

Tiger Woods announced Monday that he was ending a longstanding partnership with Nike, thanking the sports brand in a social media post that alluded to "another" unspecified chapter.

Oil prices slump but stock markets mostly higher

Oil prices on Monday slumped on oversupply concerns while stock markets largely rose despite dampened hopes of an early cut to US interest rates.

iPhone survives 16,000-foot fall from Alaska Airlines flight

Now that's what you call airplane mode -- an iPhone that plummeted 16,000 feet (5,000 meters) from an Alaska Airlines flight landed without a single crack in the screen and even a battery still half-charged.

Oil prices slump but stock markets largely steady

Oil prices prices slumped Monday on oversupply concerns while stock markets held largely steady despite dampened hopes of an early cut to US interest rates.

Rolls-Royce delivers record number of cars in 2023

Rolls-Royce Motor Cars delivered a record number of luxury vehicles last year when clients also began taking possession of its first all-electric Spectre model, the German-owned brand said Monday.

EU approves 900-mn-euro German aid for battery plant

The EU approved Monday a 900-million-euro German state subsidy for electric vehicle battery firm Northvolt to build a plant in Germany that might have otherwise been lured to the United States.

Israeli arts school battles for normality in wartime

Students rush from class to the anti-missile shelter at the High School of the Jerusalem Academy of Music and Dance, an early-morning exercise that has become a ritual during the Gaza war.

Markets drop as US jobs deal fresh blow to early rate cut hopes

Asian markets stumbled out of the gates Monday, extending last week's grim start to the year, after a forecast-busting US jobs report further dampened hopes for an early interest rate cut.

'Suddenly I felt like myself': the long process to change gender in the UK

Transgender identity has become part of the ideological "culture wars", but Anna Drew, a 22-year-old British woman, just wants to be better understood, six years after she began her gender transition.

Vinfast plans first EV factory in India

Vietnamese carmaker VinFast said it will build its first electric vehicle factory in India as part of a planned $2 billion investment, as it looks to expand into the rapidly growing market.

After strong holiday, 'Wonka' again rules N.America box office

Musical fantasy "Wonka" hung on atop the North American box office this weekend, taking in an estimated $14.4 million as Hollywood hoped for a boost from the annual Golden Globe awards, industry analysts said Sunday.

London underground strike suspended at the last minute

A strike that threatened to grind London's underground network to a virtual halt for several days was called off at the last minute on Sunday following "positive discussions" in pay talks, the main rail union said.

Pakistan internet disrupted as opposition launches election campaign

Internet and social media services across Pakistan were severely disrupted Sunday night as the party of jailed former prime minister Imran Khan prepared to launch a massive online campaign ahead of elections next month.

Strike to halt London underground services

London's underground train network was to grind to a virtual halt for several days late Sunday due to a strike over wages.

Regulators order inspections on some Boeing MAX 9 planes after emergency

Airlines and safety bodies around the world grounded some versions of the Boeing 737 MAX 9 jets pending inspections Sunday, with dozens of flights cancelled over the weekend after a panel blew out of one of the planes over the western US state of Oregon.

Israel says part of Hamas 'dismantled' as war enters fourth month

Israel said it had "dismantled" Hamas's military leadership in northern Gaza as its war against the Palestinian group entered its fourth month Sunday, with fears mounting that the conflict could spread into neighbouring Lebanon.

Bhutan to vote as economic strife hits 'national happiness'

The picturesque Himalayan kingdom of Bhutan holds general elections on Tuesday with serious economic challenges calling into question its longstanding policy of prioritising "Gross National Happiness" over growth.

Netanyahu vows 'complete victory' as more bombs hit Gaza

Israel kept up its bombing of Gaza on Saturday as its war on Hamas approached its fourth month, with Prime Minister Benjamin Netanyahu vowing to achieve "complete victory" over the Palestinian militants.

US regulator orders inspections on some Boeing MAX 9 planes after emergency

The US air safety regulator announced Saturday it was grounding and ordering inspections on some Boeing 737 MAX 9 airplanes a day after a window panel blew out of one of the aircraft over the state of Oregon.

Rocket carrying American lunar lander arrives at launchpad

Final preparations were underway Friday for the launch of the first American spacecraft to attempt a lunar landing in more than 50 years, under a new partnership between NASA and private industry.

Global maritime trade sails into geopolitical storm

International maritime trade has hit stormy waters as attacks by Yemen's Huthi rebels on ships in the Red Sea has reduced the availability of ships, causing freight rates to surge.

'Starsky & Hutch' star David Soul dies aged 80

US-born actor and singer David Soul, a beloved 1970s icon for his role as Detective Kenneth "Hutch" Hutchinson in the classic TV series "Starsky & Hutch", has died aged 80, his family announced Friday.

India navy rescues Arabian Sea crew after hijack attempt

India's navy said Friday it had rescued 21 crew members from a vessel in the Arabian Sea after a hijacking distress call, the latest attack on commercial shipping in the region.

Rocket carrying American lunar lander rolls to launchpad