Sawt Falasteen - Economy

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Featured

Tech firms track Wall St rally on mixed day for stock markets

Tech firms rallied Tuesday following a healthy run-up on Wall Street as traders welcomed AI titan Anthropic's IPO filing that revived optimism over the sector.

HSBC profit jumps on higher rates, lower costs

HSBC profits jumped in the third quarter thanks to higher interest rates and lower costs, the bank giant said Tuesday, but its share price slid as the results undershot investor expectations.

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K-pop, K-drama... K-art. Frieze fair lands in Seoul

The art world landed in Seoul this week for the inaugural edition of Frieze in Asia, as the vibrant South Korean capital looks to position itself as the region's next art hub.

NASA will not try new Moon rocket launch attempt in coming days

After scrapping a second attempt to get its new 30-story rocket off the ground due to fuel leak, NASA announced on Saturday it will not try again during its current window of opportunity, which ends early next week.

'Greek tragedy' set in France's neglected suburbs electrifies Venice

Civil war sparks with lightning speed in Romain Gavras' film about riots in Paris' neglected suburbs, but don't ask the director to take sides on the violence plaguing France's tough "banlieues".

Fuel leak delays preparations for NASA rocket launch

As NASA on Saturday resumed its second effort to get its new 30-story rocket off the ground and send its uncrewed test capsule toward the Moon, engineers detected a fuel leak that potentially could lead to a new delay.

NASA Moon launch to attract up to 400,000 visitors

Up to 400,000 visitors are expected to flock to the Florida coast on Saturday, hoping to catch a glimpse -- and hear the roar -- of NASA's rocket launch to the Moon.

West, Russia trade pressure on energy as Ukraine goes on attack

Western powers and Moscow hit back at each other Friday with painful pressure measures on energy as Ukraine said it bombed a Russian base near a nuclear plant that has caused growing concern.

Sri Lanka's deposed ex-leader returns from exile

Sri Lanka's deposed former president Gotabaya Rajapaksa returned to the country Friday, an airport official said, seven weeks after he fled amid the island's worst-ever economic crisis.

Russia halts gas supplies to Germany

Russia has halted gas deliveries to Germany via a key pipeline an indefinite period after saying Friday it had found problems in a key piece of equipment, a development that will worsen Europe's energy crisis.

IAEA chief Rafael Grossi, a diplomat on the frontlines

With his dynamic manner and high-risk visit to Ukraine's Zaporizhzhia nuclear power station, International Atomic Energy Agency (IAEA) Director General Rafael Grossi has been at the centre of recent coverage of Russia's invasion.

Ukraine says bombed Russian base near occupied nuclear plant

Ukraine said on Friday it had bombed a Russian base in the town of Energodar, near the Russian-occupied Zaporizhzhia nuclear plant which is being assessed by United Nations inspectors because of safety concerns.

'Man of the hole' dies, last known survivor of Amazon tribe

For more than 20 years he lived alone in the Brazilian Amazon eating nuts, fruit and game -- a symbol of the struggle of indigenous people who exist in isolation in the rainforest.

Oil slick from cargo ship off Gibraltar reaches shore

Small amounts of oil from a bulk carrier that collided with a gas tanker off Gibraltar has reached the shoreline of the British territory and neighbouring Spain, local officials said Friday.

US hiring slows sharply in August, joblessness rises

American employers slowed the pace of hiring in August after the surprising surge in the prior month and the jobless rate edged up, according to government data Friday, which could offer the central bank some relief that its inflation-fighting efforts are working.

G20 talks end with pledge to accelerate energy transition

G20 energy talks in Bali ended Friday with the world's leading economies pledging to accelerate the transition to cleaner energy, but there was no binding agreement as officials struggle to overcome discord over Russia's invasion of Ukraine.

European equities stage rebound before US data

Europe's stock markets rose Friday before key US jobs data, after diving the previous day on fears of an inflation-induced recession.

Google's immersive Street View could be glimpse of metaverse

Fifteen years after its launch, a Google Maps feature that lets people explore faraway places as though standing right there is providing a glimpse of the metaverse being heralded as the future of the internet.

Truss on brink of power as UK Tories finish voting

After a gruelling nationwide tour, a dozen hustings and three televised debates, Liz Truss appears poised to take over as the UK's next prime minister heading into the close of voting by Conservative party members on Friday.

'No police, no law': anarchy in Palestinian suburb of Jerusalem

One evening in January 2021, Arafe Rajabi, exasperated by yet another night of roaring cars below his window in an east Jerusalem Palestinian suburb, went downstairs to complain.

Slowdown or not? US job market walking a tight rope

The number of "Help Wanted" signs may have decreased across the United States in August, but the job situation still remains tense, official figures are expected to show Friday.

Three dead of mystery pneumonia in Argentina, six others ill

A third person has died this week in Argentina from a type of pneumonia of unknown origin, with the fatalities thus far limited to a single clinic, health authorities said Thursday.

GM driverless car unit recalls vehicles after accident

General Motor's autonomous vehicle unit Cruise recalled 80 cars and updated their software after one failed to properly predict the trajectory of an oncoming vehicle.

US official rejects Amazon challenge to New York union vote

A US official Thursday rejected Amazon's efforts to overturn a worker vote in favor of unionization at a New York warehouse, dismissing the retailer's election complaints as groundless.

Starbucks names outgoing Reckitt leader as next CEO

Starbucks named Laxman Narasimhan, a veteran of PepsiCo and other consumer brands, as its next chief executive on Thursday.

Ukraine schools return to sound of war

Antonina Sidorenko has put on her favourite clothes, selected the prettiest ribbon to adorn her hair and can recite by heart the poem given by her schoolteacher.

Treatment improves cognition in Down Syndrome patients

A new hormone treatment improved the cognitive function of six men with Down Syndrome by 10-30 percent, scientists said Thursday, adding the "promising" results may raise hopes of improving patients' quality of life.

S.African court confirms Shell seismic exploration ban

A South African court on Thursday upheld a ban imposed on energy giant Shell from using seismic waves to explore for oil and gas off the Indian Ocean coast.

'Cosmoss': Supermodel Kate Moss launches wellness brand

British supermodel Kate Moss on Thursday launched a website selling her own beauty and lifestyle products called Cosmoss, becoming the latest star to venture into branded e-commerce.

Yen sinks to new 24-year low against dollar

The yen plunged to a new 24-year low against the dollar on Thursday as Japan sticks with its long-standing monetary easing policies in contrast to tightening by the US Federal Reserve.

Cate Blanchett: I'm not making female or lesbian propaganda

Cate Blanchett's powerful female, gender-fluid and gay roles have helped transform Hollywood, but she told Venice on Thursday that she never sets out to make a political statement.

UN team 'staying' at Ukraine nuclear plant

UN inspectors will be "staying" at a Russian-held nuclear plant in southern Ukraine, its head said Thursday after their first visit to the facility following a risky journey across the frontline despite early-morning shelling of the area.

Semiconductor giant Micron to invest $15 bn in Idaho

Semiconductor giant Micron announced Thursday it will invest $15 billion over the next decade to expand its operations in the US state of Idaho to build memory capacity for automotive and other sectors.

Beckham slammed for PR video praising 'perfect' Qatar

Human rights campaigners on Thursday slammed David Beckham for fronting a glossy publicity campaign praising World Cup host Qatar as "perfection", despite concerns over its rights record.

Sawt Falasteen - Economy (English)