Sawt Falasteen - Economy

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Featured

France's Macron lands in Riyadh on surprise 'solidarity' visit

French President Emmanuel Macron landed in Riyadh in a surprise "solidarity" visit, making him the first Western leader to touch down in the kingdom since Yemen's Iran-backed Houthis intensified their attacks this month.

South Africa eases fuel pain as growth slows

South Africa announced fresh fuel-relief measures on Wednesday to cushion motorists and commuters battered by record pump prices as uncertainty roils global energy markets.

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Asian markets fluctuate after mixed US jobs report

Asian equities swung Monday following a mixed US jobs report that left investors weighing the chances of another Federal Reserve interest rate hike.

Coup sanctions plunge Niamey into the dark

The long-suffering people of Niger's capital, Niamey, are used to intermittent power cuts. But since the coup d'etat one week ago, interminable blackouts have tested their patience to the limit.

Niger closes airspace over 'threat of intervention' as junta defies deadline

Niger closed its airspace due to the "threat of intervention" as the junta defied a deadline from the West African bloc ECOWAS to reinstate democratically elected President Mohamed Bazoum or face possible military action.

New York drives towards first US congestion charge

New York wants to introduce car-loving America's first congestion charge, but the move faces fierce opposition -- including from the city's famous yellow taxis.

French paper launches first edition under far-right editor

France's only national Sunday newspaper this weekend published its first edition under the leadership of a controversial far-right editor, whose appointment had prompted an unprecedented and lengthy staff walkout.

'Slaughter' as 30 migrants missing off Italy in rough seas

At least 30 migrants are missing following two shipwrecks off the Italian island of Lampedusa, according to survivor testimony, as rescuers Sunday winched to safety others trapped on the rocks by rough seas.

Pakistan's economic woes leave textile industry in tatters

Factory worker Lubna Babar was made redundant at the beginning of the year, a victim of a crisis in the Pakistan textile industry that has seen it lose ground to more nimble Asian competitors.

Pressure mounts on Niger coup leaders as deadline approaches

Pressure on Niger's coup leaders mounted Sunday with the approach of the deadline set by the West African regional bloc ECOWAS for the military to relinquish control or face possible armed intervention.

French billionaire Drahi to face investors as graft claims swirl

French-Israeli billionaire Patrick Drahi is set to make a rare appearance in front of investors this week with his multinational business empire Altice in the grip of a corruption scandal.

Firefighters contain wildfire near Spanish-French border

Firefighters from Spain and France succeeded on Saturday in containing a wildfire near the countries' shared Mediterranean coastal border, after winds dropped enough to allow water bomber planes to fly.

Pressure mounts on Niger coup leaders as deadline nears

Pressure on the leaders of a coup in Niger mounted Saturday on the eve of a west African bloc's deadline for the military to relinquish control or face possible armed intervention.

Belgium canal city of Bruges hits 'red line' with tourist crowds

Inhabitants of Belgium's cobblestone-and-canal city of Bruges are clear: summertime tourism has hit capacity.

Saudi dives into Ukraine peace push with Jeddah talks

Saudi Arabia was set to host talks on the Ukraine war on Saturday in the latest flexing of its diplomatic muscle, though expectations are mild for what the gathering might achieve.

Global equities mixed following US jobs report

US stocks ended lower on Friday as traders digested a mixed employment report, while bourses in Europe and Asia advanced.

US jobs data works to boost stocks

A tepid jobs report that could help the Federal Reserve hold off on further interest rate hikes on Friday boosted equities and pulled the rug out from under the dollar.

Southgate understands anger over Henderson's Saudi move

England manager Gareth Southgate says he understands the criticism directed at Jordan Henderson, a vocal supporter of the LGBT community, following his move to Saudi Arabian club Al-Ettifaq.

US hiring cooler than expected in July but jobs market still solid

Job growth in the United States was lower than anticipated in July, according to government data released Friday, hovering at the slowest pace since late 2020 in encouraging news for policymakers.

Stock markets diverge on mixed US jobs data

Stock markets diverged on Friday, with US stocks pushing higher after positive earnings and a tepid jobs report that could help the Federal Reserve hold off on further interest rate hikes.

US hiring cooler than expected in July but wage gains hold steady

Job creation in the United States was lower than anticipated in July, according to government data released Friday, hovering at the slowest pace since late 2020 in encouraging news for policymakers.

Maersk sees weaker demand for shipping

Maersk, the world's second-largest container shipping firm, said Friday it expects shipping volumes to fall this year as companies continue to reduce inventories.

Stock markets steady before US jobs data

Stock markets steadied Friday before the release of key US jobs data and as positive earnings helped to offset debt concerns in the world's biggest economy.

German industrial orders leap in June

German industrial orders jumped in June for the second month in a row on the back of major contracts despite the downturn dragging on Europe's top economy, official data released Friday showed.

China to remove tariffs on Australian barley as ties improve

China said Friday it will remove extra tariffs on Australian barley, in the latest thawing of ties between the two after years of tensions.

China says it will remove tariffs on Australian barley

China said Friday it will remove extra tariffs on Australian barley, in the latest thawing of ties between the two after years of tensions.

'Happy mothers': S. Korean couple beat same-sex barriers to parenthood

South Korea has spent billions of dollars on policies to boost its birth rate. But when Kim Kyu-jin and her wife wanted to have a baby, they had to fly to Belgium.

Asian markets mixed as traders nervously await US jobs report

Asian markets were mixed Friday at the end of a volatile week, with a fresh spike in US Treasury yields weighing on Wall Street and traders still concerned about the Federal Reserve's interest rate plans.

Asylum 'ban' at US southern border can stay: court

A de facto ban on claiming asylum at the US southern border implemented in May in an effort to stem a feared influx of migrants can stay in place for now, a court said Thursday.

Ecuador jungle community hopes vote will end oil drilling

Armed with a long blowgun and darts laced with poison extracted from plants, Kominta walks naked through the thick Ecuadorian jungle, where oil exploration is threatening his way of life.

Amazon and Apple beat earnings forecasts as they polish AI skills

Amazon and Apple on Thursday reported earnings that topped market expectations, aiming for even better days ahead with the help of artificial intelligence (AI).

US aims to deploy troops on tankers to deter seizures by Iran: official

The United States is preparing to deploy sailors and Marines aboard commercial tankers transiting the Gulf as part of efforts to deter Iran from seizing ships, a US official said Thursday.

Apple profits edge higher despite lower iPhone sales

Apple reported modestly higher quarterly profits Thursday despite another dip in revenues, as a record performance in services offset lower iPhone sales.

Amazon profit beats expectations on booming sales

Amazon on Thursday reported a quarterly profit that trounced market expectations, driven by strong sales helped by its annual Prime discount event.

Sawt Falasteen - Economy (English)