Sawt Falasteen - Economy

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Featured

MEXC Lists Ondo Tokenized Stock Moderna (MRNAON), Expanding Access to U.S. Biotech Exposure

MEXC, a pioneer in 0-fee digital asset trading, has listed the MRNAON/USDT trading pair on Spot, giving users a new opportunity to access U.S. stock markets as part of its expanding lineup of Ondo tokenized stock offerings.

Stocks tread cautiously as traders weigh US Treasury action

Global stock markets traded cautiously on Friday as investors assessed the US Treasury's effort to push down long-term borrowing costs, which spiked this week.

Last news

Biden to speak on SVB collapse, reassure world on US banking resilience

President Joe Biden was set to try and reassure the world of the resilience of the US banking system Monday, as US and European authorities scrambled to prevent any contagion from the abrupt failure of Silicon Valley Bank.

Kyiv condemns 'kidnappings' as Russians foster Ukrainian kids

At their home in the middle of Siberia, Russian pastor Roman Vinogradov and his wife Yekaterina are the new foster parents of five children from Moscow-occupied eastern Ukraine.

UN, Russia in Ukraine grain deal talks

The United Nations and Russia began talks Monday on renewing the Ukraine grain export deal, which has helped ease the global food crisis triggered by Moscow's invasion of its neighbour.

UAE's ADNOC Gas shares surge 19% in $2.5bn IPO

Shares in the United Arab Emirates' ADNOC Gas rose 19 percent in their first day of trading on Monday in a $2.5 billion initial public offering that aims to tap into growing demand for the fuel.

Bank jitters fuel uncertainty as ECB eyes next rate hike

The European Central Bank is poised to raise interest rates again on Thursday to tackle inflation, but the sudden collapse of a US lender has fuelled concern about the health of the banking system as borrowing costs climb higher.

European equities dive on fears of US banking crisis

European stocks tanked Monday as investors shrugged off global efforts to stem a fast-moving crisis emanating from the US banking sector.

BBC reaches deal with Gary Lineker after Twitter row

Gary Lineker will return as presenter of flagship BBC football show Match of the Day, the broadcaster said Monday, ending a crisis sparked by his criticism of the UK government's new asylum policy.

Thousands of hospital doctors walk out in latest UK strike

UK hospital doctors on Monday began a three-day strike over pay at the start of a week that will also see teachers, train staff and civil servants walk out, in the latest wave of industrial action.

Hundreds of migrants attempt to storm the US-Mexico border

Hundreds of people tried to storm the US-Mexico border on Sunday, after a rumor that migrants would be allowed to cross into the United States.

HSBC buys failed US bank SVB's UK arm for £1

The UK arm of failed US lender Silicon Valley Bank has been bought by HSBC for a nominal £1 ($1.2) in a rescue deal, the government and HSBC announced Monday.

Markets mixed as traders weigh US support after SVB collapse

Equity markets were mixed Monday as US pledges to backstop troubled lenders helped soothe concerns about the US financial sector following the closure of two banks over the weekend.

Dutch farmer party hopes to reap election gains

At "Piggy's Palace", his farm in the Dutch countryside, Erik Stegink watches his pigs cavort in the mud and fight over chunks of broccoli, lines of worry etched on his face.

UAE's ADNOC Gas shares surge 25% in $2.5bn IPO

Shares in the United Arab Emirates' ADNOC Gas soared 25 percent in opening trade on Monday in a $2.5 billion initial public offering that aims to tap into growing demand for the fuel.

UAE's ADNOC Gas to start trading in $2.5bn IPO

UAE state energy company ADNOC's recently formed gas unit will launch on the Abu Dhabi stock market on Monday in a $2.5 billion initial public offering aimed at tapping high demand for the fuel.

Most Asian markets sink after US lender's collapse

Most Asian markets fell Monday as the closure of two regional US banks sparked fears of contagion in the financial sector, even as officials promised to support customers.

ECB seen hiking rates again, but for how much longer?

The European Central Bank is all but certain to raise interest rates again on Thursday, shifting analysts' attention to how much higher policymakers plan to go in the months ahead to tame inflation.

US regulators rush to contain SVB fallout, as a second bank fails

US authorities unveiled sweeping measures Sunday to rescue depositors' money in full from failed Silicon Valley Bank and to promise other institutions help in meeting customers' needs, as they announced a second tech-friendly bank had been closed by regulators.

Saudi unveils new airline to compete with Gulf rivals

Saudi Arabia announced Sunday the creation of a new national airline, part of a plan to turn Riyadh into a global aviation hub rivalling regional leaders like Dubai and Doha.

British tech sector 'at serious risk' after SVB collapse: govt

Britain's technology and life sciences sectors are at "serious risk" following the closure of the Silicon Valley Bank, Chancellor Jeremy Hunt warned on Sunday.

German Catholics challenge Vatican with sweeping reform drive

Germany's Catholic Church has ended a landmark renewal project by agreeing a slew of reforms including blessing same-sex marriages and allowing female deacons, at the risk of angering the Vatican.

Saudi Aramco reports 'record' $161 billion profit for 2022

Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, highlighting how a surge in oil prices after Russia invaded Ukraine spurred growth in the world's biggest crude exporter.

Saudi Aramco reports 46% jump in profits for 2022

Saudi Aramco reported on Sunday that profits jumped 46 percent last year, highlighting how a surge in oil prices after Russia invaded Ukraine spurred growth in the world's biggest crude exporter.

'True artistry': Austria puppets charm with age-old craft

It takes as long to train to be a puppeteer at the world-famous Salzburg Marionette Theatre as it does to become a doctor.

VW joins e-car price war as global rivalry heats up

German giant Volkswagen is set to follow Tesla's lead with a high-profile price drop as the battle for global dominance in the electric car segment intensifies, and local challengers race ahead in key market China.

Worry for tech startups after Silicon Valley Bank failure

Silicon Valley Bank's stunning collapse has led to the freezing of tens of billions of dollars stored there by startups and their private equity backers, raising fears of a wider tech sector fallout.

French Senate approves pensions reform as protests appear to lose steam

France's Senate voted late Saturday to approve a deeply unpopular reform to the country's pension system, hours after demonstrators took to the streets to oppose the cornerstone policy of President Emmanuel Macron's second term in office.

Thousands join anti-government protest in Prague

Thousands took to the streets of Prague on Saturday in protest against the Czech government, high inflation and demanding an end to the country's military support for Ukraine.

Iconic Match of the Day overshadowed by Lineker row

Proudly billed by the BBC as "the world's most famous football show", Match of the Day tackled the sport's most controversial moments for nearly 60 years before being thrown into turmoil by outspoken presenter Gary Lineker this week.

Private firm to launch maiden rocket flight in Spain

A micro rocket built by a Spanish company will lift off within several weeks, Prime Minister Pedro Sanchez said on Saturday, a first for Spain as a space race hots up in Europe.

French protesters back on streets against Macron's pension plan

Demonstrators in France took to the streets Saturday for a seventh day of protest against President Emmanuel Macron's pension reform plans, with police expecting up to a million people at rallies nationwide.

Syria centre seeks to rehabilitate IS-scarred foreign children

Children of foreign jihadists play football on a dirt field at a centre in northeastern Syria that Kurdish authorities hope will help rehabilitate minors raised on Islamic State group ideology.

Hollywood's Asian stars welcome 'long overdue' breakthrough at Oscars

From Oscars favorites "Everything Everywhere All at Once" and "RRR" to an unprecedented four acting nominations, Asian representation in Hollywood has finally achieved a remarkable and overdue breakthrough this year, industry insiders say.

Sawt Falasteen - Economy (English)