Sawt Falasteen - Economy

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Featured

Spidey swings high for third weekend in N. American box office

"Spider-Man: Brand New Day" continued dominating the North American box office, drawing an additional $70 million in ticket sales on its third weekend on the big screen, according to industry estimates.

Calls for UK inquiry into 'hounding' of ex-Cambridge academic

More than 31,000 people, including several MPs, have signed a petition urging UK Prime Minister Andy Burnham to hold a public inquiry into alleged media harassment of the late academic Jason Arday, the organisers said Sunday.

Last news

Norwegian buys 50 Boeing 737 MAX, ending dispute

Low-cost carrier Norwegian Air Shuttle said Monday it would buy 50 Boeing 737 MAX 8 planes, ending a dispute between the companies and helping revive the US-made aircraft after two deadly crashes.

Thousands quarantined after Beijing man breaks Covid rules

A Beijing man has landed thousands of his neighbours in quarantine after he ignored an order to stay at home and later tested positive for Covid, prompting a police investigation.

Bodies pulled from wreckage of Nepal plane

Nepali rescuers on Monday retrieved 16 bodies from the mangled wreckage of a passenger plane strewn across a mountainside that crashed in the Himalayas with 22 people on board.

Equity markets extend Wall St rally as China eases curbs

Markets rose Monday as investors rediscovered some verve after the release of healthy US data and as China eases some of its strict Covid curbs in Shanghai and Beijing, lifting hopes for the world's number two economy.

Bodies pulled from wreckage of missing Nepal plane

Nepali rescuers pulled 14 bodies on Monday from the mangled wreckage of a passenger plane strewn across a mountainside that went missing in the Himalayas with 22 people on board.

Asian markets extend Wall St rally as China eases curbs

Asian markets rose Monday as investors rediscovered some verve after the release of healthy US data and as China eases some of its strict Covid curbs in Shanghai and Beijing, lifting hopes for the world's number two economy.

Nepal army finds wreckage of missing plane

Nepali rescuers found on Monday the crash site of a missing passenger plane that went down with 22 people on board, the army said.

Tech giant Grab's female co-founder blazes a trail

As co-founder of multi-billion dollar ride-hailing and food delivery firm Grab, Tan Hooi Ling is already smashing stereotypes in tech but she's also trying to blaze a trail for the next generation of female entrepreneurs in the industry.

Heartbroken Texas school massacre town begs Biden to 'do something'

Desperate pleas for a stop to the gun massacres plaguing the United States rang out Sunday during President Joe Biden's visit to Uvalde, where he prayed for the 19 children and two teachers slain by a teen gunman in the small Texas town.

EU struggles to break deadlock on Russian oil ban before summit

Ambassadors from the 27 European Union member states on Sunday examined a compromise mooted to enable them to break the deadlock on a Russian oil embargo ahead of an emergency summit in Brussels.

Biden prays in heartbroken Texas school massacre town

A distraught US President Joe Biden laid flowers and prayed Sunday at the makeshift shrine erected in Uvalde to the 19 children and two teachers murdered by a teen gunman after he stormed their elementary school.

EU seeks to break deadlock on Russian oil ban before summit

Ambassadors from the 27 European Union member states on Sunday examined a compromise that could enable them to break the deadlock on a Russian oil embargo ahead of an emergency summit in Brussels this week.

36 years later, 'Top Gun' again tops N.America box office

Much-anticipated action film "Top Gun: Maverick" was expected to have a big opening and it did not disappoint, taking in an estimated $151 million in North America for the four-day Memorial Day weekend, industry watcher Exhibitor Relations reported.

Sri Lanka police tear-gas students in fresh clashes

Police fired tear gas to disperse thousands of students trying to storm the Sri Lankan president's home Sunday as the government offered an olive branch to demonstrators demanding his resignation.

Plane with 22 on board missing in Nepal

Nepali rescuers scoured a remote area of the lower Himalayas by helicopter and on foot Sunday after a passenger plane with 22 people on board went missing.

Nepal flight missing with 22 on board

A passenger plane with 22 people on board went missing in Nepal on Sunday, the operating airline and officials said, as poor weather hampered a search operation.

Toxic smoke and suspicious plastic plant fires in Turkey

The number of fires breaking out in plastic recycling plants has soared in Turkey.

Traffic jams just a maths problem, says Israeli AI firm

Israel's traffic congestion ranks near the worst among developed economies but an algorithm can help, says one of the country's IT firms engaged in the auto and mobility sector.

UK companies to trial four-day workweek

Louis Bloomsfield inspects the kegs of beer at his brewery in north London, eagerly awaiting June, when he will get an extra day off every week.

Cost-of-living crisis forces more Brits to foodbanks

On an overcast morning in Bradford, northern England, a steady stream of locals arrive at a foodbank to collect produce parcels described as "a lifesaver" during the worst cost-of-living crisis in a generation.

Despite some sharp wage rises, low-paid US workers have far to go

Fast-food employees in Manhattan demonstrating for a wage of $20 an hour: a demand unthinkable before the Covid-19 pandemic has become unexceptional, as short-handed companies offer big wage increases without, however, doing much to narrow a yawning income gap.

Biden to console Texas town reeling from school massacre

US President Joe Biden will visit Uvalde on Sunday to console residents mourning 19 children and two teachers who were gunned down at an elementary school in the small Texas town.

Harrowing new accounts emerge from Uvalde's young survivors

Fresh harrowing accounts emerged Saturday of the ordeal faced by survivors of the school shooting in Uvalde, Texas, fanning public fury over the massacre even as the deeply traumatized town prepared for a visit Sunday by US President Joe Biden.

Cannes set to pick Palme d'Or from 'wildly divisive' entries

The 75th edition of the Cannes Film Festival draws to a close on Saturday with one of the tightest races in recent memory and critics fiercely divided over the 21 films competing for the Palme d'Or.

Freedom and fear: the foundations of America's deadly gun culture

It was 1776, the American colonies had just declared their independence from England, and as war raged the founding fathers were deep in debate: should Americans have the right to own firearms as individuals, or just as members of local militia?

Gangs, inflation and political crisis bring Haiti economy to brink

With gas sales already subsidized by the government at a loss, the Haitian economy -- fragile from incessant crime and political instability -- appears close to collapse as the war in Ukraine sends fuel prices soaring.

Global stocks push higher as US inflation shows signs of moderating

Global stocks pushed higher on Friday, with US indices snapping a slump of weekly losses, while oil prices rallied to their highest level in two months.

Deminers race to clear lake favoured by bathers near Kyiv

Deminers are racing against time to clear lake Horenka on the fringes of the Ukrainian capital Kyiv of unexploded shells and missiles before the start of the summer season to prevent any casualties.

Police 'wrong' not to breach door during Texas shooting

A top Texas security official said Friday that police were wrong to delay storming the classroom where a teen gunman was holed up with dead and wounded children -- fueling fears that police inaction cost lives in Uvalde.

Rio airport screens show porn movies in apparent hack

With its thong-covered beaches, flesh-flaunting carnival and sultry nightlife, Rio de Janeiro has a racy reputation, but it rose to a new level Friday when porn films started playing on screens at the Brazilian city's central airport.

NRA: The powerful US gun rights lobby

The National Rifle Association is the central and fiercest promoter of gun rights in America, and is again holding its annual convention days after a mass school shooting.

Iran Revolutionary Guards say seized two Greek tankers in Gulf

Iran's Revolutionary Guards seized two Greek oil tankers in the Gulf Friday, days after Athens confirmed it would deliver to Washington Iranian oil it had seized from a Russian tanker.

Sawt Falasteen - Economy (English)