Sawt Falasteen - Economy

NYSE - LSE

BP	-1.56%	50.53	$
NGG	-0.11%	81.77	$
RIO	0.36%	83.72	$
JRI	0.92%	10.85	$
BCC	-3.05%	75.44	$
BTI	1.03%	60.1	$
GSK	0.68%	51.1	$
BCE	-0.74%	20.25	$
CMSC	0.01%	19.601	$
RBGPF	0%	72.77	$
AZN	0.33%	172.06	$
RYCEF	7.35%	16.47	$
VOD	-0.25%	15.7	$
CMSD	-0.82%	19.62	$
RELX	-0.9%	40.18	$

Featured

Delhi grants minimum monthly pay and DA to about 4,000 MCD health workers

In a Diwali bonanza, the Delhi government said around 4,000 public health workers employed by the Municipal Corporation of Delhi (MCD) will receive a minimum monthly salary of ₹18,000, along with dearness allowance (DA), under the principle of equal pay for equal work.

Critical coal inventories affect nearly half of India’s domestic power plants

Nearly half of domestic coal-based (DCB) power plants have critically low coal stocks, highlighting supply-side pressures against a backdrop of sustained electricity demand.

Last news

TikTok search results rife with misinformation: report

TikTok is serving up misinformation to users searching for news about politics, climate change, Covid-19, the war in Ukraine and more, according to a report released Wednesday.

Damaging US rail strike looms as W.House pushes for deal

The Biden administration was still working Wednesday to avoid a major strike by US freight railroad workers this weekend, which threatens to disrupt travel and supply chains two months before crucial midterm elections.

Wall Street stages recovery from previous day's rout

Wall Street stocks ended with gains Wednesday, retracing some of the losses from one day earlier driven by stronger-than-expected US inflation data that sparked fears of more Federal Reserve interest rate hikes.

California sues Amazon for allegedly thwarting lower prices

California filed a suit Wednesday accusing Amazon of using its market influence to prevent merchants from offering buyers better deals elsewhere online, in violation of state antitrust law.

Four-kilometre queue as mourners file past Queen Elizabeth's coffin

After a long and patient wait in the sun and the rain, the first members of the public filed past the casket of Queen Elizabeth II in London on Wednesday as she lay in state in the 925-year-old Westminster Hall.

Wall Street attempts recovery from previous day's rout

Wall Street stocks made modest gains Wednesday following the previous day's rout on stronger-than-expected US inflation data that sparked fears of a prolonged campaign of Federal Reserve interest rate hikes.

Shops shut for queen's funeral but pubs to raise glass

Many retailers will shut Monday for the state funeral of Queen Elizabeth II but thousands of pubs and bars will remain open for Britons to toast the late monarch.

Smaller Detroit Auto Show kicks off ahead of Biden address

A revived Detroit Auto Show kicked off in earnest Wednesday with presentations by GM and Stellantis brands ahead of an address by President Joe Biden expected to highlight electric vehicle investments.

Royals escort queen on final journey from Buckingham Palace

To the strains of a military band, King Charles III on Wednesday led his family in procession behind Queen Elizabeth II's coffin as she left Buckingham Palace for the final time to lie in state until her funeral.

US inflation gloom casts dark shadow over markets

Global equities sank further Wednesday as stronger-than-expected US inflation data sparked fears of a prolonged campaign of Federal Reserve interest rate hikes.

Stocks extend global selloff on US inflation gloom

Global equities sank further Wednesday as stronger-than-expected US inflation data sparked fears of a prolonged campaign of Federal Reserve interest rate hikes.

Activism and '90s glamour on display at New York Fashion Week

Glamour on the one hand, activism on the other: designers Tory Burch and Gabriela Hearst showcased two different approaches to New York Fashion Week on Tuesday.

Crowds build to see Queen Elizabeth II lying in state

King Charles III leads a procession of the coffin of his mother Queen Elizabeth II through London on Wednesday, before hundreds of thousands of people pay their final respects.

'Majestic' Greek 'Zorba' star Irene Papas dies at 93

Greek-born actor Irene Papas, famous for her fiery appearances in the internationally acclaimed "The Guns of Navarone" and "Zorba the Greek", died Wednesday at the age of 93.

UK inflation eases from 40-year high

UK inflation has eased on lower motor fuel costs but remains close to 40-year peaks, official data showed Wednesday as the nation faces more strikes over a cost-of-living crisis.

Google handed setback as EU court upholds record fine

The European Union's second-highest court on Wednesday overwhelmingly upheld the EU's record fine against Google over its Android operating system for mobile phones, slightly reducing the fee for technical reasons.

Lufthansa back in private hands as govt sells rescue stake

Lufthansa said Wednesday the German state had sold the stake it took in the airline as part of a rescue package at the peak of the Covid pandemic, and booked a healthy profit in the process.

Google loses appeal against record EU antitrust fine

Asian stocks slump, tracking US losses after inflation report

Asian markets dropped on Wednesday, tracking losses in the United States and Europe as traders responded negatively to higher-than-expected US inflation data that raised fears of a prolonged period of interest rate hikes.

Foxconn strikes $19.4 bn deal to make chips in India

Taiwanese electronics giant Foxconn will invest $19.4 billion to make semiconductors in India with local conglomerate Vedanta, backed by New Delhi's push to boost tech self-reliance after a global chip shortage.

Shares in Chinese conglomerate Fosun dive on report of watchdog scrutiny

Club Med owner Fosun, one of China's largest private-sector conglomerates, saw billions wiped off its value on Wednesday as jittery investors reacted to a media report that the group was under regulatory scrutiny.

King Charles mulls patronages after queen's death

The late Queen Elizabeth II was patron of numerous good causes, as is her son King Charles III, but he will now look to redistribute them among the Royal Family.

Japan central bank conducts 'rate check' as yen sinks: reports

Japan's central bank on Wednesday conducted an operation often seen as a precursor to currency intervention, local media said, as the yen continues to crater against a strengthening dollar.

Health groups calls for fossil fuel non-proliferation treaty

Around 200 health organisations and more than 1,400 health professionals on Wednesday called for governments to establish a binding international treaty on phasing out fossil fuels, which they said pose "a grave and escalating threat to human health".

Seeds of change for Dijon mustard amid shortage

France's favourite condiment, Dijon mustard, is hard to find these days, with signs on supermarket shelves warning the lucky few who spot jars that they can only take one home.

How the tide turned on data centres in Europe

Every time we make a call on Zoom, upload a document to the cloud or stream a video, our computers connect to vast warehouses filled with servers to store or access data.

Energy crisis to dominate EU chief's annual speech

Europe's fears of a long winter with scarce energy supplies because of Russia's war in Ukraine are expected to top an annual speech by EU chief Ursula von der Leyen on Wednesday.

Hunger returns to haunt Brazil amid divisive vote

In a small cement house crumbling to ruins in Brazil's parched Sertao region, Maria da Silva, a graying matriarch struggling to feed her family, opens her empty refrigerator and breaks down in sobs.

Crowds gather as queen's coffin to go on display in London

King Charles III leads a procession of the coffin of his mother Queen Elizabeth II through London on Wednesday before hundreds of thousands of people pay their final respects.

Under leaden skies, Queen Elizabeth II's coffin returns to London

Grey skies and rain greeted Queen Elizabeth II's coffin as it was brought back to London on a military transport plane on Tuesday, before Britain says a final farewell to its longest-serving monarch.

Queen leaves Scotland for final time, bound for London

Queen Elizabeth II left Scotland for the final time on Tuesday, as her coffin began its journey to London where crowds of mourners have begun queueing to pay their respects when she lies in state before a state funeral next week.

New president Ruto pledges to work for all Kenyans

William Ruto pledged to work for all Kenyans after he was sworn in as president at a pomp-filled ceremony on Tuesday, five weeks after his narrow victory in a bitterly-fought but largely peaceful election.

Sawt Falasteen - Economy (English)