Sawt Falasteen - Economy

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Featured

Musk wants to merge SpaceX and Tesla: Here's what to know

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest companies.

France reports first human Shamonda virus case, says no health risk

French health authorities said Thursday that the Shamonda virus, which usually affects livestock, had been detected in a human for the first time, in a severely immunocompromised patient who died earlier this month.

Last news

Pharrell breaks down barriers between fashion and music

Paris became a playground for Pharrell Williams and his celeb friends at his debut show for Louis Vuitton, collapsing the distance between fashion, music and money-spinning publicity.

High UK inflation hinders cost-of-living fight

Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed Wednesday, piling pressure on the Bank of England and government to act over a cost-of-living crisis.

Lost Rembrandt portraits to be sold after 200 years

As family heirlooms go, it doesn't get much better than a pair of Rembrandt portraits that the world had forgotten about for 200 years.

European stocks steady, pound drops as UK inflation surprises

European stock markets steadied and the pound dropped Wednesday as traders reacted to news of stubbornly-high UK inflation that risks pushing Britain into recession.

Kenya minister under fire over diatribe against media group

Kenya's trade minister is at the centre of a firestorm over a series of derogatory remarks against a leading media outlet, including calling its journalists "prostitutes".

Equity markets struggle as traders await Fed boss testimony

Markets mostly fell Wednesday, following a downbeat lead from Wall Street as investors braced for Fed boss Jerome Powell's testimony to the US Congress.

Equity markets drop as traders await Fed boss testimony

Markets mostly dipped Wednesday, following a downbeat lead from Wall Street as investors braced for Fed boss Jerome Powell's testimony to the US Congress.

High inflation hinders UK cost-of-living fight

Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed Wednesday, piling pressure on the Bank of England and government to act over a cost-of-living crisis.

Campaigners slam Japan government forced sterilisation report

Japanese campaigners on Wednesday slammed a government report into the sterilisation of thousands under a eugenics law in place until 1996, saying it failed to take responsibility for the procedures.

Ex-Australia PM feared Macron would 'kill' nuclear sub deal: book

Former Australian leader Scott Morrison hid plans to ditch a French submarine contract for fear a furious Paris would find a way to "kill" his new deal with the United States and United Kingdom, he reveals in an upcoming book seen by AFP.

Asian markets drop as traders await Fed boss testimony

Asian markets mostly dipped Wednesday, following a downbeat lead from Wall Street as investors braced for Fed boss Jerome Powell's testimony to the US Congress.

How big tech embraced disabled users

Buried beneath the hype of the artificial intelligence revolution, big tech is quietly rolling out services for disabled people that it hopes will push a greater transformation for customers.

'Don't steal our voices': dubbing artists confront AI threat

Voice actors around the globe are mobilizing against the unregulated use of artificial intelligence (AI) to generate and clone human voices that they fear poses a threat to their livelihoods.

New generation of Moroccan filmmakers shines at Cannes

A new, young generation of Moroccan filmmakers last month stepped into the limelight to make its debut at France's Cannes Film Festival -- snatching three prestigious awards.

9 alleged people smugglers held over Greek migrant disaster: legal source

Nine Egyptians suspected of being people smugglers connected with the deadly sinking of an overloaded migrant boat off Greece have been charged with human trafficking and remanded, a Greek legal source said on Tuesday.

Rescuers boost efforts as clock ticks to find lost Titanic sub

Rescuers hoped Tuesday that the arrival of specialized deep-sea vessels and US Navy experts would boost desperate efforts to find the tourist submersible that went missing near the wreck of the Titanic, as oxygen for the five on board rapidly runs out.

Rescue teams race against clock to find 5 missing in Titanic sub

A desperate air and sea rescue effort to find the tourist submersible that went missing near the wreck of the Titanic quickened Tuesday, with officials warning that the five people on board had less than two days of oxygen left.

The five people on board missing sub near Titanic

Rescue teams are scrambling to find five people on a tourist submersible that went missing near the wreck of the Titanic in the North Atlantic on Sunday.

Qatar, Kuwait deny racism claims in international friendlies

Qatar and Kuwait's football federations on Tuesday denied allegations of racial abuse of rival players a day after their matches against New Zealand and Ireland were abandoned.

Hot new fashion talent Burc Akyol makes 'magic with little'

While the fashion world braced for the celeb juggernaut of Pharrell Williams's first show in Paris on Tuesday, a young designer was making his own modest splash with a debut below his own home.

From women to LGBTQ members, Catholic Church ponders inclusion

From welcoming LGBTQ Catholics to better representation of women, the Vatican published on Tuesday a reflection on the top social issues facing the Catholic Church as part of a global study on its future.

Global markets drop as China rate cut underwhelms

Global stocks mostly fell Tuesday as China's smaller-than-forecast interest rate cut failed to dispel worries over its flagging powerhouse economy.

Desperate air, sea search for small sub missing near Titanic

Rescue teams raced against time on Tuesday to find a deep-diving tourist submersible that went missing near the wreck of the Titanic with five people on board.

Global markets mostly drop as China rate cut underwhelms

Asian and European stocks mostly fell Tuesday, as China's smaller-than-forecast interest rate cut failed to dispel worries over its flagging powerhouse economy.

Hyundai raises annual EV sales goal to two million by 2030

Hyundai Motor said Tuesday it aims to sell two million electric vehicles a year by 2030, raising its target from the 1.87 million it set last year as the market for clean-energy vehicles continues to soar.

China imports of Russian oil highest since Ukraine invasion: data

Chinese imports of Russian oil last month hit their highest level since Moscow's February 2022 invasion of Ukraine, Beijing's customs data showed Tuesday.

Chinese tech giant Alibaba names new CEO, chairman

Chinese tech giant Alibaba said Tuesday it will replace its top boss, in a surprise move at the e-commerce titan as it looks to recover from years of slow growth caused by weak consumer spending and a regulatory crackdown.

Hong Kong, Shanghai lead market losses as China rate cut falls flat

Stocks in Hong Kong and Shanghai led equity losses Tuesday as a smaller-than-forecast interest rate cut by China's central bank added to worries about the lack of action to kickstart the country's lumbering economic recovery.

Chinese tech giant Alibaba names next CEO

Chinese tech giant Alibaba said Tuesday it will replace its top boss in a surprise move at the e-commerce titan as it looks to recover from years of slow growth caused weak consumer spending and a crackdown by authorities.

With record unemployment, China's youth confront bleak job market

Rather than celebrating finishing university, this summer Chinese graduates shared photos of themselves theatrically throwing their degrees into bins, underscoring the bleak outlook as youth unemployment sits at a record high.

Hong Kong, Shanghai lead Asia losses as China rate cut falls flat

Stocks in Hong Kong and Shanghai led losses across most of Asia on Tuesday as a smaller-than-forecast interest rate cut by China's central bank added to worries about the lack of action to kickstart the country's lumbering economic recovery.

Modi to talk tech, trade on US visit

Indian Prime Minister Narendra Modi heads to the United States on Tuesday to meet with President Joe Biden and address Congress, with military and technological ties on the agenda as his hosts seek a regional counter to China.

Sawt Falasteen - Economy (English)