Sawt Falasteen - Economy

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Featured

Virgin moves closer to launching Eurostar rival in 2030

British group Virgin has been granted track access to run new cross-Channel train services from 2030, the country's rail regulator said Monday, bringing it closer to launching a rival service to Eurostar.

Jason Arday: UK academic who died amid plagiarism storm

Jason Arday, the ex-Cambridge professor found dead amid a growing furore over claims of academic plagiarism and personal life embellishments, rose from humble roots in Britain to be hailed as an academic superstar.

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Two die in 'respiratory illness' outbreak on Atlantic cruise ship

An outbreak of "severe acute respiratory illness" on board a cruise ship in the Atlantic has left at least two people dead, with a third in intensive care in Johannesburg, South Africa's health ministry told AFP on Sunday.

OPEC+ hikes oil production quotas but stays mum on UAE pull-out

Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates.

More Nepalis drive electric, evading global fuel shocks

As global fuel markets reel from the Middle East war, motorists in Nepal are increasingly turning to electric vehicles, with high demand putting a strain on dealerships.

Latecomer Japan eyes slice of rising global defence spending

Long-pacifist Japan has shed its self-imposed ban on lethal weaponry exports, gunning for a prominent place in the global defence trade -- a challenging feat that analysts say could take years to achieve.

German fertiliser makers and farmers struggle with Iran war fallout

As Iran's closure of the Strait of Hormuz roils the global economy, one German town has been scrambling to help make up the shortfall in essential supplies of fertilisers.

OPEC+ to make first post-UAE production decision

Seven OPEC+ members are meeting Sunday to make their first decision on oil-production quotas since the United Arab Emirates' departure from the cartel, which added to the soaring price pressure unleashed by the Mideast war.

Massive crowds fill Rio's Copacabana beach for Shakira concert

Latin pop queen Shakira kicked off her free mega-concert on Rio's famed Copacabana beach under a full moon Saturday, with drones forming the image of a she-wolf -- her nickname -- overhead as she took the stage over an hour late.

US airlines step up as Spirit winds down

US air carriers on Saturday mobilized to help passengers and crew members stranded by the overnight shutdown of Spirit Airlines, after the low-cost carrier's last-minute talks with creditors and the White House collapsed.

Aviation companies step up as Spirit winds down

US air carriers mobilized Saturday to help passengers and crew members stranded by the overnight shutdown of Spirit Airlines, after last-minute talks with creditors and the White House collapsed.

'Bookless bookstore': audio-only book shop opens in New York

Audiobook giant Audible opened what it billed as the first "bookless bookstore" in New York on Friday as industry statistics show more American consumers embracing the format.

Venezuelan protesters call government wage hike a joke

About 1,500 people demonstrated in Venezuela on Friday, denouncing a 26 percent income increase announced by the government as grossly insufficient in a crisis-hit economy.

S&P 500, Nasdaq end at fresh records on tech earnings strength

The Nasdaq and S&P 500 soared to fresh records Friday, cheering mostly strong earnings from tech giants and continuing to shrug off the prolonged US-Iran war that has lifted oil prices.

Pope names former undocumented migrant as US bishop of West Virginia

Pope Leo XIV on Friday named a former undocumented migrant as bishop of West Virginia, weeks after a high-profile clash with US President Donald Trump.

Trump says will raise US tariffs on EU cars to 25%

President Donald Trump said Friday that he will hike US tariffs on cars and trucks from the European Union next week, charging that the bloc is not complying with an earlier trade deal.

ExxonMobil CEO sees chance of higher oil prices as earnings dip

US oil giants reported lower earnings Friday with accounting effects muting the benefits of the Middle East oil shock, as ExxonMobil's CEO cautioned that crude prices could still increase.

After Madonna and Lady Gaga, Shakira set for Rio beach mega-gig

Latin pop queen Shakira will bring the heat to Rio de Janeiro on Saturday for her biggest concert to date -- an outdoor party on Copacabana beach.

Coe hails IOC gender testing decision

World Athletics president Sebastian Coe told AFP the IOC's decision in March to introduce testing for gender to determine eligibility to compete in the female category, preventing transgender women from competing, is a "very important development for the Olympic movement".

Baguettes take centre stage on France's Labour Day

French bakeries sold crusty baguettes and flaky croissants with government backing Friday, defying labour unions arguing that May 1 should remain a sacred day of compulsory rest.

Iran offers new proposal amid stalled US peace talks

Iran delivered a new proposal for peace talks with the US via mediator Pakistan, state media reported Friday, with negotiations between the two sides frozen despite a weeks-long ceasefire.

French hub monitors Hormuz tensions from afar

A dozen members of the French navy scour screens for blinking lights indicating movement thousands of kilometres away near the Strait of Hormuz.

Oil steady after wild swing, stocks diverge in thin trading

Oil prices steadied and stocks diverged Friday in thin holiday trading, as investors awaited the next move in the Middle East crisis and digested corporate earnings.

Chinese swimmer Sun Yang reports cyberbullying to police

Three-time Chinese Olympic champion swimmer Sun Yang filed a police report after being subjected to "large-scale" cyberbullying, his team said Friday.

Iran activates air defences as Trump faces congressional deadline

Tehran's air defences were activated to counter small aircraft and drones late Thursday, as the White House signalled that it will not be reined in by a congressional deadline on the Iran war.

Crude edges up after wild swing, stocks track Wall St rally

Oil prices edged up Friday after the previous day's wild swings, with investors awaiting the next move in the Middle East crisis, while stocks rose in holiday-thinned trade following a tech-led record day on Wall Street.

Formerra Appoints Matt Borowiec as Chief Commercial Officer

CLEVELAND, OH / ACCESS Newswire / May 1, 2026 / Formerra, a leading distributor of performance materials, today announced the appointment of Matt Borowiec as Chief Commercial Officer (CCO). Borowiec will lead the company's commercial organization to support continued growth and global expansion while strengthening sales execution and customer success.

Oil slumps after hitting peak, US indices reach new records

Oil prices struck a four-year high Thursday on worries about a resumption of hostilities in the Middle East, before slumping to end the day.

Venezuela leader hikes minimum wage package by 26%

Venezuela's acting president Delcy Rodriguez on Thursday hiked the minimum wage package by 26.3 percent, to $240, in an attempt to quell growing discontent over difficult living conditions.

Bangladesh signs biggest-ever plane deal for 14 Boeings

Bangladesh on Thursday signed a deal with US aircraft manufacturer Boeing to buy 14 planes for its national carrier Biman Bangladesh Airlines, the two sides announced -- the airline's biggest-ever order, in a deal valued at $3.7 billion.

Venezuela opens arms to world with Miami-Caracas flight

A relaunched Miami-Caracas flight after seven years of a standstill is paving the way for Venezuela to reclaim its status as a bustling aviation hub.

US Congress votes to end record government shutdown

The US Congress on Thursday approved funding for most of the Department of Homeland Security (DHS), ending a record-breaking partial government shutdown that has disrupted critical agencies for more than two months.

First direct US-Venezuela flight in years arrives in Caracas

The first direct flight between the United States and Venezuela in seven years landed Thursday in Caracas, a new sign of a thaw after Washington deposed leftist leader Nicolas Maduro.

Oil strikes 4-year peak, stocks rise

Oil prices struck a four-year high on Thursday on worries over a resumption of hostilities in the Middle East, while US and European stock markets mostly rose as investors turned to central bank decisions and corporate earnings.

Sawt Falasteen - Economy (English)