Sawt Falasteen - Economy

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25,000 rally in Madrid demanding state pension guarantees

Authorities said 25,000 people marched through central Madrid on Saturday demanding protection for the Spanish state pension scheme, one of the hot topics in a parliamentary election next month.

Police fire tear gas as new French demonstrations kick off

French police started firing tear gas at protesters Saturday as they stepped up security in major cities aiming to prevent a repeat of rioting a week ago, on a day of fresh nationwide demonstrations over the high cost of living.

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China manufacturing activity surges in February

China's manufacturing activity surged to its highest reading in more than a decade in February, official figures showed Wednesday, as factories began to return to normal following years of Covid-19 disruption.

Tesla to invest about $5 billion in Mexico plant: government

American electric car maker Tesla will invest about $5 billion in a massive new factory in the northern Mexican city of Monterrey, a senior government official said Tuesday.

Nigeria gas fuels Morocco, Algeria pipeline power struggle

Adversaries Morocco and Algeria are each racing to build a conduit pumping Nigerian gas to European markets, even as the continent aims to wean itself off fossil fuels.

Musk to update vision for Tesla at investor day

Elon Musk will aim to quiet any doubts about Tesla's standing in the electric car race on Wednesday when the serial entrepreneur convenes an investor day.

Power scarves and punk elegance for Dior and Saint Laurent's strong women

Dior and Saint Laurent both combined nostalgia with homages to strong, independent women as the two French fashion giants presented their latest collections in Paris on Tuesday.

Iran has uranium particles enriched to nearly bomb grade: IAEA

The UN nuclear watchdog confirmed on Tuesday it had detected particles of uranium enriched up just under the 90 percent needed to produce an atomic bomb.

Hundreds of passengers stranded in Colombia, Peru as Viva Air grounded

Hundreds of passengers were stranded Tuesday at airports in Colombia and Peru after low-cost airline Viva Air suspended operations due to financial difficulties.

UK's PM vows economic win for N.Ireland from Brexit breakthrough

British Prime Minister Rishi Sunak on Tuesday urged pro-UK politicians in Northern Ireland to grab the economic "prize" on offer after he secured a breakthrough reform deal with the European Union.

Tesla to make big investment in Mexico plant, government says

Elon Musk's electric carmaker Tesla will open a plant in northern Mexico, making a significant investment in the Latin American nation, Mexican President Andres Manuel Lopez Obrador announced Tuesday.

Canada economy stalls in 2022 fourth quarter

Canada's economy stalled at the end of 2022 with zero growth, the government statistical agency said Tuesday, coming in below analysts' expectations.

Stocks dip as traders mull US rates outlook

US and European stocks dipped Tuesday as dealers fretted that the Federal Reserve would push interest rates higher than expected and for longer as it battles stubbornly-high inflation.

EU narrows probe into Apple's restrictions on apps

The EU on Tuesday narrowed its landmark antitrust case against Apple to focus on how the iPhone-maker prevents apps from giving users information about rival music subscription options.

Moroccans struggle to afford vegetables as Ramadan looms

Shoppers inspect vegetables at a huge market in Sale, near the Moroccan capital Rabat, but exploding prices mean they are keeping their eye on what they spend ahead of Ramadan.

Credit Suisse 'seriously breached' duty in Greensill affair: watchdog

Credit Suisse "seriously breached its supervisory obligations" regarding risk management in its business relationship with financier Lex Greensill and his companies, the Swiss financial watchdog said Tuesday.

Markets mixed as traders fret over looming rate hikes

Asian markets were mixed Tuesday after suffering a series of losses over concerns the Federal Reserve will push interest rates higher than expected and for longer than feared as it battles stubborn inflation.

Sri Lanka outlaws strikes as anti-tax protests spread

Sri Lanka's government said Tuesday it was banning strikes in several key sectors, a day ahead of a planned one-day national stoppage called by unions to protest against painfully high taxes and utility bills.

Most Asian markets rise but traders worry over looming rate hikes

Most Asian markets bounced Tuesday on bargain-buying after suffering a series of losses over fears the Federal Reserve will push interest rates higher than expected and for longer than feared as it battles stubborn inflation.

Cow manure fuels French tractors

A French farmer steps away from his barn and fills up a tractor with fuel made from the manure of his cows, an attempt to put their climate-damaging methane to good use.

W.House gives federal agencies 30 days to enforce TikTok ban

The White House on Monday gave federal agencies 30 days to purge Chinese-owned video-snippet sharing app TikTok from all government-issued devices, setting a deadline to comply with a ban ordered by the US Congress.

Asian markets pick up but traders worry over looming rate hikes

Asian markets bounced Tuesday on bargain-buying after suffering a series of losses over fears the Federal Reserve will push interest rates higher than expected and for longer than feared as it battles stubborn inflation.

Britain's marathon battle over Brexit

Here are milestones in the rocky Brexit process, from the UK's shock 2016 vote to leave the European Union to a new deal on trade rules for Northern Ireland called the Windsor Framework.

Twitter cuts more staff as Musk turmoil grows

Reports of more layoffs at Twitter landed on Monday as owner Elon Musk waded into a racism controversy that risked pushing advertisers further away from the struggling platform.

Report of new Twitter staff cut as Musk turmoil grows

Word of more layoffs at Twitter came Monday as its owner Elon Musk waded into a racism controversy giving advertisers more reason to steer clear of the struggling platform.

Mexico's Pemex posts first annual profit in decade

Mexican state energy giant Pemex on Monday reported its first annual profit in a decade thanks to higher oil demand and prices.

Elegance and sensuality grace Milan Fashion Week

Women's Fashion Week ended in Milan on Monday.

Northern Ireland Protocol: why the changes?

Britain and the EU struck a deal Monday to re-fashion a post-Brexit trade agreement with Northern Ireland that has become a significant political problem.

'Best chef in the world' Guy Savoy stripped of Michelin star

The Michelin Guide announced Monday the shock decision to knock a star off the Paris restaurant of Guy Savoy, frequently named the best chef in the world.

Stocks bounce after sinking on US rate hike fears

US and European equities rebounded Monday after sinking last week on renewed fear of more aggressive US interest rate hikes, dealers said.

Curse or blessing? In Uganda, oil project gets mixed reviews

On the teeming savannah of northwest Uganda, antelopes gaze beyond a metal fence as a giant rig is raised above cleared tracts of grasslands to make way for oil drilling.

UK and EU clinch Brexit deal over N.Ireland trade

Britain and the European Union proclaimed a "new chapter" in relations on Monday as they agreed a crucial overhaul of trade rules in Northern Ireland that aims to ease tensions stoked by Brexit.

UK's PM and EU chief clinch Brexit deal over N.Ireland trade

Britain and the European Union on Monday agreed a crucial overhaul of trade rules in Northern Ireland, a breakthrough aimed at resetting seriously strained relations since Brexit.

Nestle to close factory, head office in Myanmar

Swiss food giant Nestle will halt all production in Myanmar, a spokesperson said Monday, the latest firm to draw back from the country after a military coup two years ago.

Sawt Falasteen - Economy (English)