Sawt Falasteen - Economy

NYSE - LSE

CMSC	-0.84%	21.102	$
BCC	0.85%	82.47	$
RBGPF	0%	68.56	$
AZN	0.9%	165.98	$
BTI	-0.87%	56.21	$
RYCEF	-1.23%	20.25	$
RIO	2.97%	105.3	$
BCE	-0.3%	23.71	$
GSK	0.86%	52.41	$
NGG	-1.08%	79.76	$
JRI	-0.24%	12.38	$
CMSD	-0.67%	20.98	$
RELX	1.48%	35.91	$
VOD	-0.31%	15.96	$
BP	-0.85%	44.76	$

Featured

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.

Arctic shipping a daunting prospect in hotly contested region

With Gulf turmoil slashing Suez Canal traffic, shipping firms are tempted to try the Arctic for quicker trips between Europe and Asia -- but commercial prospects are unlikely to match countries' strategic ambitions for the North Pole.

Last news

United orders 110 new planes from Boeing, Airbus

United Airlines announced Tuesday it had ordered a total of 110 new planes from Boeing and Airbus, and secured options to purchase 90 more, in a major deal signaling confidence in the aviation sector.

21 killed after bus falls from Venice bridge and catches fire

At least 21 people, including two children and foreigners, were killed Tuesday and several others wounded when a bus running on methane plunged off a bridge in Venice and caught fire.

Stock markets drop as key Treasury yield hits 16-year peak

Global stocks tumbled Tuesday after a closely watched US bond benchmark hit a 16-year high, exacerbating worries about elevated interest rates as the dollar briefly topped 150 yen.

Top US court weighs major curbs to power of federal regulators

The US Supreme Court on Tuesday began hearing a series of cases that could result in a generational contraction in the power of federal agencies to regulate businesses and corporate fraud.

Meta plans to charge Europeans for ad free Facebook and Instagram: source

Meta is proposing to offer European users a subscription-based version of Instagram and Facebook if they would rather not be tracked for ads, a source said on Tuesday.

GM reports higher Q3 sales as strike tests outlook

General Motors reported higher third-quarter US auto sales Tuesday behind robust consumer demand, notching a strong performance that will be tested by an ongoing labor strike.

Stock markets drop as rate fears take hold; dollar climbs

Stock markets slumped across the board Tuesday after US jobs data signalled the labour market remained buoyant, reinforcing a conviction that interest rates will remain higher for longer as the Federal Reserve tries to bring inflation under control.

Trial of disgraced crypto star Bankman-Fried begins

The trial of Sam Bankman-Fried, former CEO of one of cryptocurrency's biggest exchanges, began Tuesday with a jury set to determine if he committed massive fraud by stealing billions of dollars from clients.

Beyonce 'Renaissance' film to hit theaters in December

Beyonce over the weekend wrapped her much-touted Renaissance World Tour, a 56-show performance epic promoting her lauded album that pays homage to dance and disco.

'Be brave! Tell the truth': Ian McEwan rails against sensitivity readers

The acclaimed British novelist Ian McEwan is baffled by the current obsession with sensitivity in the publishing world. "Be brave," he urged young writers.

EU moves to protect sensitive tech from rivals, China

The EU unveiled Tuesday a list of sensitive technologies that should be kept out of the hands of rivals, as the bloc takes further measures to confront China's aggressive trade policies.

Stock markets drop as rate fears take hold

Stock markets slumped across the board Tuesday on growing worries that high interest rates will take a toll on economic growth, as central bankers pursue their efforts to rein in inflation.

Energy transition at risk from commodity market fragmentation: IMF

Growing geopolitical fragmentation since the invasion of Ukraine has hit commodity markets, threatening to slow the transition to renewable energy as the world looks to combat climate change, the International Monetary Fund said Tuesday.

London Tube workers suspend planned strikes

Workers on the London Underground on Tuesday suspended their latest round of strike action over pay and conditions after a breakthrough in talks.

Ford, GM lay off about 500 more US workers due to strike

Ford and General Motors said around 500 more workers have been temporarily laid off due to "knock-on effects" from the ongoing strike at Detroit's "Big Three" automakers.

Macron party plans bill to squash France bedbug 'scourge'

The party of French President Emmanuel Macron on Tuesday said it would this year put forward a bill to combat surging numbers of reported bedbug cases, which are being increasingly seen as a major potential public health problem.

Stock markets drop, oil prices extend losses

Major stock markets mostly fell and oil prices cooled further Tuesday as traders weighed the prospect of inflation and interest rates staying high for a prolonged period.

China's Evergrande up 28% in Hong Kong after trade resumes

Shares in heavily indebted Chinese property giant Evergrande ended higher Tuesday, resuming trade following last week's suspension and the firm's announcement its boss was under criminal investigation.

China's Evergrande closes up 28% in Hong Kong after trade resumes

Shares in heavily indebted Chinese property giant Evergrande ended higher Tuesday as they resumed trade following last week's suspension when the firm announced its boss was under criminal investigation.

Turkey's inflation hovers near 60% after policy U-turn

Turkey's annual inflation rate held steady near 60 percent last month, official data showed Thursday, offering the first evidence that President Recep Tayyip Erdogan's economic policy U-turn was working.

Markets fall on rate concerns

Markets fell Tuesday on concerns over interest rates following hawkish comments by a senior Federal Reserve official indicating the central bank was likely to keep them higher for longer.

US fraud trial of disgraced crypto star Sam Bankman-Fried begins

The trial of Sam Bankman-Fried, the former CEO of one of the cryptocurrency industry's biggest exchanges, begins on Tuesday to determine whether he committed massive fraud against more than a million clients.

Vote on Indigenous rights opens in much of Australia

Early voting opened Tuesday across a swathe of Australia on a reform that would recognise Indigenous people in the 1901 constitution for the first time.

New rights for UK donor babies as they turn 18

Around 30 young adults conceived via sperm or egg donation in the UK will soon be able to discover the identity of their biological parent.

Underpants and a sombre summer at Paris Fashion Week

From wearing your underwear in the street to the very muted colour schemes of big brands, some trends stood out from the spring-summer 2024 womenswear collections at Paris Fashion Week that ends on Tuesday.

Asian markets fall on rate concerns

Asian markets fell Tuesday on concerns over interest rates following hawkish comments by a senior Federal Reserve official indicating the central bank was likely to keep them higher for longer.

China's Evergrande resumes Hong Kong trading

Shares in Chinese property giant Evergrande rose as trading resumed on Tuesday, following a suspension last week when the heavily indebted company announced its boss was under criminal investigation.

Ford temporarily lays off 300 more US workers due to strike

Ford announced Monday that over 300 more workers have been temporarily laid off due to "knock-on effects" from the ongoing strike against the company and two other US automakers.

Stocks broadly lower as rate worries return to fore

Stocks fell across the board in Europe on Monday while Wall Street saw a mixed opening despite relief a US government shutdown had been averted, with investors focusing again on the risks of high interest rates to economic growth.

Crisis-struck German maker of Playmobil toys cuts jobs

The crisis-hit German toy company behind Playmobil, the small plastic figures loved by children the world over, said on Monday that it was cutting 17 percent of its workforce.

UK finance minister announces boost for lowest earners

The UK minimum wage will go up next year, finance minister Jeremy Hunt said Monday, as the ruling Conservative party positions itself to battle an expected general election.

Birkenstock aims to raise up to $1.58 bn in IPO

German sandal maker Birkenstock on Monday set a price for its initial public offering of shares at $44 to $49 each, which could see the company raise up to $1.58 billion.

Sawt Falasteen - Economy (English)