Sawt Falasteen - Economy

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Featured

Mexico's Indigenous chief justice hits back at discrimination

Mexico's Supreme Court chief justice told AFP he faces discrimination on a daily basis over his Indigenous roots.

Taliban govt to mark five years ruling Afghanistan

The Taliban government celebrates five years of ruling Afghanistan on Saturday, with the authorities hailing their country's "freedom" and security, while critics decry tightening restrictions in all areas of daily life.

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Inevitable AI Group Raises $6M From Aleph to Launch AI-Native SaaS Companies

Inevitable AI Group (IAIG), an AI-native venture studio founded by veteran technology entrepreneurs, today announced a $6 million pre-seed funding round led by Aleph. The company is building and launching dozens of AI-native software businesses designed to capitalize on the rapidly changing economics of software development.

Forex Expo Dubai Announces Opportunity to Win Up to 150 Grams of Gold This September 2026

Forex Expo Dubai has announced a Gold Lucky Draw for its 9th Edition, offering eligible Verified Traders, Introducing Brokers (IBs), and Affiliates the opportunity to win a share of 150 grams of 24K gold during the event.

Stocks diverge with earnings, tech in focus

Global stock markets diverged on Thursday as investors assessed the latest corporate earnings with tech firms back under pressure, while awaiting developments over a potential US-Iran deal to reopen the Strait of Hormuz.

'Don't have to hide': Thai IDs, legal work give hope to Myanmar refugees

Next to a mound of black earth, Myanmar refugees feed soil and rice seed into a clacking conveyor machine that arranges them into ready-made planting trays for Thai farms.

Siemens shares plunge on disappointing guidance raise

German industrial giant Siemens on Thursday raised its profit outlook for the second time this year after a quarter boosted by AI spending, but its shares plunged after the forecast fell short of investors' hopes.

Stocks mixed with tech firms back under pressure

Most Asian markets were mixed Thursday with tech firms back under pressure after a four-day rebound amid lingering AI worries, while oil rose even as Iran said it was finalising a deal with Oman over the Strait of Hormuz.

'Stretch our money': Romanians face highest EU inflation

At the weekly market in the southern Romanian town of Calarasi, Florica Vasile goes from vendor to vendor loading her shopping trolley with vegetables the locals say are cheaper than anywhere else in the city.

Iran says close to Hormuz plan with Oman, but reopening depends on US

Iran and Oman have agreed a route for ships transiting the Strait of Hormuz and were finalising arrangements for jointly managing the strategic waterway, Tehran said Wednesday, even as fresh security incidents highlighted continued risks for regional shipping.

Asian stocks mostly down with tech firms back under pressure

Most Asian markets sank on Thursday with tech firms back under pressure after a four-day rebound amid lingering AI worries, while oil rose even as Iran said it was finalising a deal with Oman over the Strait of Hormuz.

Low water on Germany's Rhine river threatens new blow to economy

Dwindling water levels on some of Germany's major rivers worsened by heat and drought are raising fears that badly constrained riverboat cargo traffic may deal yet another blow to the struggling economy.

Environmental disaster looms as tanker leaks off Oman

Oman is facing an impending environmental catastrophe as an alleged Russian shadow fleet tanker leaks oil across hundreds of square kilometres near a nature reserve, NGOs warn.

Google-parent Alphabet shakes up AI division

Google's head of AI, Demis Hassabis, will step down from his current role to become Alphabet's chief scientist amid a reshuffling at DeepMind that will also include a key engineer's departure.

FIFA back Infantino, apologise for World Cup privatisation plan

FIFA president Gianni Infantino has received the "full support" of senior directors on Wednesday but world football's governing body apologised for the controversy of the now-shelved plan to open the World Cup to private investment.

Dow edges to record as markets parse prospects for Hormuz deal

Stock markets climbed but then stalled Wednesday as investors digested a wave of company earnings that broadly surpassed expectations, while assessing the chances of a US-Iran deal to reopen the Strait of Hormuz.

Disney profits top estimates on strength in theme park business

Disney reported better-than-expected profits Wednesday, citing a strong performance in its theme park business amid lingering worries about macroeconomic weakness.

Stocks stall tracking earnings, oil dips on Iran-Oman Hormuz move

Alarm as explosive drone found near Ukrainian plane at German airport

German police raised the alarm at an airport overnight after an explosives-laden drone was found near a Ukrainian cargo plane and another aircraft collided with an unknown flying object mid-air nearby before landing safely.

Stocks mostly rise tracking earnings, US-Iran hopes

Stock markets mostly climbed on Wednesday as investors digested a wave of company earnings that have broadly surpassed expectations, while assessing the chances of a US-Iran deal to reopen the Strait of Hormuz.

Alarm at German airport after drone found near Ukrainian plane, mid-air incident

German police deployed a bomb disposal robot at an airport overnight after a drone was found on the tarmac near a Ukrainian cargo plane, sparking alarm and forcing the diversion of numerous flights.

Cathay Pacific's profit soars 71% despite Iran war driving up fuel costs

Hong Kong carrier Cathay Pacific said Wednesday that net profit surged 71 percent in the first half of the year, as demand from passengers avoiding the Middle East offset a near doubling of fuel costs caused by the Iran war.

Taiwan probes 17 China-funded firms over high-tech talent poaching

Taiwanese investigators said Wednesday they have raided dozens of locations as part of a probe into 17 Chinese-funded companies suspected of trying to "illegally" poach Taiwan's high-tech talent to erode the island's competitive edge.

Factories shed workers in Bangladesh garment sector

Garment worker Mosammat Aklima found out in a text message that she had become one of thousands laid off in the latest wave of cuts to hit Bangladesh's once-booming export industry.

Tech back in fashion as Asian markets extend rebound

Asian equities climbed again Wednesday, tracking another record on Wall Street, as tech firms continued to enjoy a revival after a month-long rout, with confidence also boosted by the prospect of an imminent deal to reopen the Strait of Hormuz.

Trump admin to review 'closed' AI models before release: reports

The Trump administration on Tuesday met with tech leaders to finalize a security review process for advanced AI models before their release, though it will apply only to "closed" models, US media reported.

High bills, cheap panels drive a Philippine solar surge

Edwin Salas watched as the first of 20 solar panels was installed on the roof of his home, joining a Philippine solar energy boom sent into overdrive by the Middle East war.

SpaceX revenue jumps 92% in first earnings report, but shares slide

SpaceX's revenue jumped 92 percent in the second quarter, beating analyst expectations by around $1 billion in its first post-IPO earnings report, but shares tumbled as investors remained skeptical about the company's ability to deliver on lofty promises.

Paramount CEO says politics fueling Warner Bros. merger battle

Paramount CEO David Ellison said Tuesday that the legal battle over his proposed multibillion-dollar takeover of Warner Bros. Discovery was fueled by politics rather than concerns over market share.

SpaceX revenue jumps 92% in first earnings report

SpaceX's revenue jumped 92 percent in the second quarter, beating analyst expectations by around $1 billion in its first earnings report since going public in June, the company announced Tuesday.

US hopeful Hormuz strait deal will be done 'today or tomorrow'

The United States was hopeful that a deal to reopen the Strait of Hormuz would be done "today or tomorrow", a top official said Tuesday, sending oil prices tumbling on optimism for increased shipments in the vital waterway.

McDonald's reports slower US sales in 2nd quarter

McDonald's reported slower sales growth in the US market in the second quarter as executives blamed too many simultaneous promotional offers, including a World Cup campaign that disappointed.

Oil drops, stocks hit records on hopes of Hormuz opening

Oil prices fell sharply Tuesday after US Treasury Secretary Scott Bessent said a deal could be reached with Tehran by Wednesday on re-opening the Strait of Hormuz to shipping traffic.

Oil drops, stocks gain on hopes of Hormuz opening