Sawt Falasteen - Economy

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Featured

Trump, Carney talk as Canada seeks to hold off new US tariffs

Canada's Prime Minister Mark Carney held urgent talks with US President Donald Trump on Tuesday, hours before fresh US tariffs on Canadian goods were set to come into force.

French producer Nicolas Altmayer, Dior PR chief Favier die in car crash

Award-winning French film producer Nicolas Altmayer and Dior PR head Mathilde Favier were killed in a car accident in western France, local authorities said Tuesday.

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Israel says close to 'historic' maritime deal with Lebanon

Israel said Tuesday it was close to a "historic" deal with Lebanon to resolve a long-running dispute over their border in Mediterranean waters that boast rich gas reserves, after a US-drafted proposal met Israeli "demands".

Asian chipmakers plunge after US unveils China export controls

Chipmakers plunged in Asian trade Tuesday over new US measures to limit China's access to high-end semiconductors with military uses, a move that wiped billions from companies' valuations worldwide.

The Andes crash and cannibalism tale that stunned the world 50 years ago

On October 13, 1972, a plane carrying an amateur Uruguayan rugby team, along with relatives and supporters, to an away match in Chile crashed in the Andes with 45 people on board.

World failing to address 'dangerous' inequality after Covid: Oxfam

The world has mostly failed to address a "dangerous" increase in inequality in the wake of the Covid pandemic, anti-poverty campaigners Oxfam said Tuesday.

Dollar extends 2022 surge as market awaits key US inflation data

The dollar extended its banner run of 2022 on Monday, pushing higher following the latest solid US jobs data as equities retreated in both New York and Europe.

Red Bull found guilty of breaching F1 cost cap: the FIA

Red Bull and Aston Martin have been found in breach of Formula 1 financial rules, the motor sports governing body (FIA) announced on Monday, saying any punishment would be decided at a later date.

Stocks slip, dollar rises as US rate hikes seen

Global stocks slid on Monday as investors braced for more large interest rate hikes from the Federal Reserve.

No relief for French motorists as petrol strike hardens

Filling stations across France were low on petrol on Monday as a strike by workers at energy giant TotalEnergies entered its third week despite government pressure to negotiate.

Record quarterly profit for Indian software giant TCS

India's largest software exporter Tata Consultancy Services on Monday shrugged off global economic turmoil to report a record profit for any quarter, with figures that beat analyst estimates.

Air France, Airbus trial opens over 2009 Rio-Paris crash

A French trial of Air France and Airbus began Monday on charges of involuntary manslaughter over the fatal 2009 crash of a jet heading to Paris from Brazil, killing all 228 people aboard.

German experts propose energy price cap from next year

A price cap to reduce soaring German energy costs following Russia's invasion of Ukraine should come into force next year with additional help provided beforehand, a government-appointed commission recommended Monday.

Britain unveils fresh action to calm markets turmoil

Britain on Monday ramped up efforts to calm markets after a heavily criticised budget, with the government bringing forward key economic forecasts and the Bank of England boosting liquidity.

Stocks down, dollar up as markets expect more big US rate hikes

Stock markets mostly retreated and the dollar firmed Monday as forecast-beating US jobs data fanned expectations for more large interest rate hikes from the Federal Reserve.

US trio, including ex-Fed chief Bernanke, win economics Nobel

A US trio on Monday won the Nobel Economics Prize for research on banking's role in the economy, especially on the importance of avoiding collapses during financial crises.

'Born to fly': Indian pilot blazes trail for women in aviation

India has the world's highest rate of women pilots, but when Zoya Agarwal said she dreamed of conquering the skies, her mother cried and told her to wait for a "suitable boy" to marry instead.

She's training men: Bahrain hoopster breaks the mould

It's an unusual sight in the conservative Gulf state of Bahrain: a young mother in an indoor basketball court is instructing the male players.

Instagram, Twitter restrict Kanye West accounts over posts deemed anti-Semitic

Instagram and Twitter said they have restricted the accounts of US rapper Kanye West over posts slammed as anti-Semitic.

Relief for Germany's Scholz as party wins key electoral test

Germany's Social Democrats on Sunday won a closely-fought regional election that was dominated by worries over soaring energy costs, giving Chancellor Olaf Scholz a welcome boost as a difficult winter looms.

Fake heiress Anna Sorokin vows to fight deportation to Germany

Anna Sorokin, the young Russian-German woman who bilked wealthy New Yorkers while pretending to be an heiress herself, has said she would fight deportation to Germany after her recent release from prison.

German state vote tests public mood as energy crisis bites

Germans in the coastal state of Lower Saxony headed to the polls Sunday in a closely-watched regional election seen as a test for Chancellor Olaf Scholz's Social Democrats amid an acute energy crisis.

Energy firm starts tests at sensitive Israel-Lebanon border gas field

London-listed firm Energean on Sunday began testing pipes between Israel and the Karish offshore gas field, a key step towards production from the eastern Mediterranean site, a source of friction between neighbours Israel and Lebanon.

New deadly strike hits Ukraine city after Crimea bridge blast

An overnight Russian missile strike killed at least 12 people in Zaporizhzhia, authorities said on Sunday, in the latest deadly attack to hit the southern Ukrainian city that President Volodymyr Zelensky called "absolute evil".

Thai nursery massacre families pray to free children's souls

Mourning families knelt Sunday outside a Thai nursery where their children were murdered, performing a Buddhist ceremony to put their souls at rest.

Vietnam's VinFast targets US market in 'preposterously hard' gamble

Having conquered most industries at home, optimistic chiefs at conglomerate Vingroup are setting their sights much higher as they ramp up plans to sell the first ever Vietnamese car in the mighty US market.

Hey big spenders: Qatar woos the rich with luxury World Cup

With deluxe match packages selling for thousands of dollars and five-star hotels doing a brisk trade, a sheen of glamour coats Qatar's World Cup despite football's working-class roots.

Crimea bridge resumes traffic after blast, Russian army leadership changed

Traffic resumed Saturday over a key bridge linking Russia with Crimea -- seen as a symbol of the Kremlin's annexation of the peninsula -- after it was partially destroyed by an explosion Moscow blamed on a truck bomb.

'Till' lynching film 'not interested' in showing traumatic anti-Black violence

The director of "Till," an Oscar-tipped movie about the lynching of a young Black teenager in 1950s Mississippi, said she deliberately chose not to show any on-screen violence inflicted against Black people in order to spare both filmmakers and audiences.

'Transformation' beckons for embattled Credit Suisse

Battered by a series of scandals, rumours of financial trouble and plunging shares, Credit Suisse is preparing "transformation plans" to restore confidence in the Swiss banking giant.

Sex-scene experts help reshape Hollywood power dynamics in #MeToo era

Since Hollywood sex abuse revelations ignited the #MeToo movement five years ago, demand for on-set "intimacy coordinators" has soared -- but resistance, power imbalances and a fear of saying "no" to sex scenes are deeply rooted in showbusiness, experts say.

Thousands in US join abortion rights protests ahead of elections

Thousands marched in cities across the United States on Saturday to protest the Supreme Court's overturning of the federal right to abortion and to urge voters to turn out in a Democratic "blue wave" in next month's key midterm elections.

'Not afraid anymore': more violence as Iran protests enter fourth week

Schoolgirls chanted slogans, workers went on strike and protesters clashed violently with security forces across Iran on Saturday, as demonstrations over the death of Mahsa Amini entered a fourth week.

Russia says three killed in Crimea bridge blast, army leadership changed

Russia on Saturday said three people were killed in after a truck exploded on its bridge linking Crimea -- a symbol of its annexation of the peninsula -- without immediately blaming Ukraine.

Sawt Falasteen - Economy (English)