Sawt Falasteen - Economy

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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.

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Thousands of migrants face tough new US border rules

The United States bolted tough new immigration policies into place Friday, setting up an uncertain future for desperate migrants reaching its southern border as a top official expressed confidence the system will hold.

Thousand of migrants face tough new US border rules

EU wants to 're-calibrate' position on China

EU foreign ministers agreed on Friday on the need to "recalibrate" Europe's position on China, reducing dependencies and coaxing Beijing to take a tougher stance on Russia's war in Ukraine, the bloc's foreign policy chief said.

Arman Soldin: from Bosnia to Ukraine with a smile

Arman Soldin was barely a year old when his mother carried him onto a humanitarian flight from war-torn Bosnia to France.

Battery makers turn northern French region into 'electric valley'

Global battery makers are turning a formerly depressed northern French region into a 21st-century manufacturing hub and a key European source of new energy technology.

Top exec leaves NBCUniversal amid Twitter CEO reports

A top advertising executive stepped down from NBCUniversal on Friday and is understood to be first in line to become the next CEO of Twitter, replacing owner Elon Musk.

Barcelona mayor eyes re-election as Spain campaign starts

After eight years running City Hall, Barcelona's left-wing mayor, Ada Colau, is eyeing a third mandate on May 28, when Spain votes in local and regional elections whose outcome is unclear.

French fan takes over final Fast and Furious films

French director Louis Leterrier was a regular fan of "The Fast and the Furious" when the multi-billion-dollar franchise started more than two decades ago. Now he is finishing it.

Stocks up as traders weigh inflation, China talks and debt

US and European stock markets rose Friday as traders weighed a range of issues including US debt-ceiling hopes, talks between Washington and Beijing and more signs of a slowing economy.

Positive trial results for RSV infant treatment: Sanofi

French pharmaceutical giant Sanofi announced trial results on Friday that showed its preventative treatment for respiratory syncytial virus (RSV) reduced the rate of babies being hospitalised by more than 80 percent.

EU looks to 're-calibrate' position on China

EU foreign ministers met Friday to seek a common approach and "recalibrate" Europe's position on China, lessening reliance and coaxing Beijing to take a tougher stance on Russia's invasion of Ukraine.

Europe charges up car battery drive with new plants

Europe's efforts to build up its battery-making capacity got a major boost Friday as Sweden's Northvolt and Taiwan's ProLogium announced projects to build factories in Germany and France.

Stocks mixed as traders weigh inflation, China talks and debt

Stocks and the dollar were mixed Friday as traders weighed a range of issues including US debt-ceiling hopes, talks between Washington and Beijing and more signs of a slowing economy.

Royal Mail CEO steps down after delivery failures

The boss of Royal Mail is to step down, its parent group confirmed Friday, after lawmakers criticised the former state-monopoly's performance, which has been hit by mass strikes.

Bangladesh audiences see first Indian movie in 50 years

Thousands flocked to cinemas in Dhaka on Friday as Shah Rukh Khan's blockbuster "Pathaan" hit the big screens, the first Bollywood movie to get a full release in Bangladesh in more than half a century.

Tea giants lose certification after Kenya sex abuse probe

An international body said it had suspended its certification for two major global tea companies after an investigation into a sexual abuse scandal in Kenya.

'Wide open' for business: Russia makes play for Gulf money

Grappling with sanctions and an exodus of foreign firms, Moscow is looking to investors from oil-rich Arab Gulf states as the West locks it out over the war in Ukraine.

'Hostile' US policies on China risk dividing world: Stiglitz

"Hostile" US policies on China risk splitting the world into two blocs, Nobel-winning economist Joseph Stiglitz told AFP on Friday, urging the West to offer investment not "lectures" to developing countries.

Markets mixed as traders weigh inflation, China talks and debt ceiling

Markets were mixed Friday as traders weighed a range of issues including US debt ceiling hopes, high-level talks between Washington and Beijing, banking sector uncertainty and more signs of a slowing economy.

UK economy ekes out growth in first quarter

Britain's economy grew 0.1 percent over the first quarter despite weakening in March, official data revealed Friday, as output continues to be hit by high inflation and strikes.

'I want it banned': reality TV targeted in Serbia after shootings

Serbian TV is a diet of women being beaten and threats issued at gunpoint. But this is not fiction. It is reality shows where, among others, infamous mobsters and war criminals are the stars.

Cash-strapped Lebanese soldiers moonlight as mechanics, waiters

A crushing economic crisis in Lebanon has impelled members of the security forces to take on side hustles to get by, raising concerns about security in the eastern Mediterranean country.

Women dance to their own beat in China's nightclubs

Tired of Shanghai club nights dominated by men, where a woman's appearance often matters as much as her musical skills, Eloise Fan has created an underground space where women DJs are free to shine.

Asian markets struggle as easing inflation fails to boost optimism

Asian markets fluctuated Friday as traders weighed a range of issues including US debt ceiling hopes, high-level talks between Washington and Beijing, banking sector uncertainty and more signs of a slowing economy.

Clock ticks towards midnight change to US migrant rules

The clock ticked towards the expiry Thursday of pandemic-era rules that have shuttered the US southern border to asylum seekers, with thousands queuing in Mexico in the hope of claiming refuge under an uncertain new regime.

'I could die too': Ukraine's war widows on the front line

Svitlana Povar knew her husband would not approve when she enlisted in Ukraine's military and deployed to the embattled Donetsk region, where fighting with Russian forces is fiercest.

The long wait is over: New 'Zelda' hits shelves

A six-year wait came to an end for "Zelda" fans across the world on Friday as Nintendo released the long-awaited next instalment of its 40-year-old gaming saga.

Debt ceiling talks postponed until next week: W.House

Crunch talks between US President Joe Biden and senior Republicans have been postponed until early next week to allow staff to continue working, the White House said in a statement Thursday.

Pigs notch animal cruelty win at US Supreme Court

The US Supreme Court on Thursday upheld a California animal cruelty law that bans the sale in America's most-populous state of pork from pigs raised in confined conditions.

Chocolate giants in pay fail for Ghana farmers: Oxfam

The world's biggest chocolate makers are failing on promises to improve pay for farmers in major cocoa producer Ghana despite strong profits, charity Oxfam said in a report on Thursday.

UK to roll out first driverless bus service

The UK will roll out its first driverless bus network in Scotland next week with drivers on standby behind the steering wheel, ready to take control should an emergency arise.

Stock markets down as traders weigh inflation, rate hikes

Major stock markets dropped Thursday as investors weighed fresh US inflation data, the financial health of a regional bank and another UK interest rate hike.

Sawt Falasteen - Economy (English)