Sawt Falasteen - Economy

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Featured

India accused of illegal deportations targeting Muslims

India has deported without trial to Bangladesh hundreds of people, officials from both sides said, drawing condemnation from activists and lawyers who call the recent expulsions illegal and based on ethnic profiling.

Ketamine 'epidemic' among UK youth raises alarm

The first time Barney Casserly used ketamine at a UK music festival he thought he had found "nirvana". Five years later he died in agony, leaving behind devastated parents and friends.

Last news

Stocks firm after tech rout; dollar steady before Fed rate call

Stock markets mostly rose Wednesday, tracking a rally on Wall Street, where tech titans led by Nvidia recovered some of their hefty losses thanks to easing worries over Chinese artificial intelligence startup DeepSeek.

Tesla to report results for 1st time since Trump elected president

Tesla is set to report earnings Wednesday for the first time since President Donald Trump -- a close ally of CEO Elon Musk -- returned to the White House.

Spanish economy shines in 2024 with 3.2% growth

The Spanish economy expanded 3.2 percent last year thanks to buoyant exports and consumption that have made it one of the fastest-growing developed countries, official data showed on Wednesday.

Shares in Dutch chip giant ASML soar on bullish orders

Shares in Dutch tech giant ASML soared Wednesday despite a dip in annual net profit, as investors cheered better-than-expected orders for its cutting-edge chip-making machines.

Dutch chip giant ASML's net profits dip in 2024

Dutch tech giant ASML, which sells cutting-edge machines to make semiconductor chips, reported a drop in annual net profits Wednesday, as geopolitical headwinds and the emergence of Chinese AI start-up DeepSeek disrupt the sector.

Sony names new CEO in management reshuffle

Japanese electronics and entertainment giant Sony Group said Wednesday that it has promoted Hiroki Totoki to chief executive officer as part of a wider management reorganisation.

UK eyes third Heathrow runway in growth takeoff bid

Britain's finance minister Rachel Reeves is on Wednesday expected to announce controversial plans for a third runway at London's Heathrow airport as the Labour government seeks to kickstart economic growth.

Japan #MeToo survivor says media are failing in wake of Fuji TV scandal

Japanese media are still failing to report sexual assault cases properly, a key figure in the country's nascent #MeToo movement told AFP in the wake of the scandal surrounding celebrity Masahiro Nakai and Fuji TV.

SpaceX mission to return US astronauts to happen 'soon': Trump

US President Donald Trump said Tuesday that Elon Musk's company SpaceX will "soon" begin a mission to repatriate two American astronauts who have been stranded for months on the International Space Station.

Who might buy TikTok in the US?

As the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United States, several contenders are in the running.

Fire-hardened house offers lessons on rebuilding Los Angeles

The house that Michael Kovac built is the only one on his street still standing after a huge fire raced through his Los Angeles neighborhood.

Starbucks profits fall but points to progress in turnaround

Starbucks reported lower profits Tuesday in results that still topped expectations as the company's new CEO described various pilot program tests to reinvigorate the chain.

Trump federal spending freeze sparks confusion, fury

The healthcare system for millions of low-income Americans and rafts of other programs were thrown into disarray Tuesday after President Donald Trump ordered a freeze on federal funding, a move opponents blasted as unconstitutional.

DeepSeek shock shows Europe not out of AI race: experts

China-based DeepSeek's artificial intelligence model has shaken the sector by offering high performance apparently at a fraction of the cost of those developed by US giants, with many experts saying the release also hints at opportunity for investment minnow Europe.

European watchdog takes aim at online gambling, gaming among youths

Online gambling and gaming can cause depression and other mental health issues in young people, which the Council of Europe rights watchdog is trying to counter with a new project encouraging good policy and awareness raising.

US stocks, Nvidia shares steady after Chinese AI shock

US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a sell-off triggered by the sudden success of Chinese artificial intelligence firm DeepSeek.

Hopes for turnaround lift Boeing shares despite huge losses

Boeing reported a hefty fourth-quarter loss Tuesday following a bruising 2024, but shares rallied on hopes that early turnaround signs under a new CEO may bear fruit.

France savours competitive cooking win as restoring lost prestige

After major investments in a bid to restore its lost national culinary prestige, France savoured victory Tuesday at the world's most prestigious international cooking competition, the Bocuse d'Or.

Police arrest two after protest at Sigourney Weaver London play

UK police said on Tuesday they had arrested two people a day after climate activists disrupted a London play starring Hollywood actress Sigourney Weaver.

Spain jobless rate falls to lowest level since 2008 crisis

Spanish unemployment fell last year to its lowest level since the 2008 global financial crisis as the tourism-driven service sector performed strongly, official data showed on Tuesday.

Climate activists fire confetti cannon at Sigourney Weaver London play

Two climate activists disrupted a London stage performance of William Shakespeare's "The Tempest", starring Hollywood actress Sigourney Weaver, on Monday.

German, Danish leaders meet after Trump Greenland warnings

German Chancellor Olaf Scholz and Danish Prime Minister Mette Frederiksen met on Tuesday in a show of unity after US President Donald Trump again stressed his designs on Greenland.

Breakout Chinese AI 'programmed' to toe the party line

Chinese AI chatbot DeepSeek has made waves in Silicon Valley, stunning investors and industry insiders with its ability to match the skills of its Western competitors at a fraction of the cost.

Trump warns of 'wake-up call' as low-cost Chinese AI jolts sector

Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a "wake-up call" for Silicon Valley.

How Donald Trump weaponized tariffs

When President Donald Trump learned Colombia had pushed back on US deportations, his threat of a massive trade war laid out the stakes: cooperate, or else.

EU, Britain to face off in post-Brexit fishing battle case

A tiny silver fish which is an important food source in the North Sea will take centre stage Tuesday as the European Union and Britain square off over post-Brexit fishing rights.

Do or DEI: Trump's assault on diversity divides America

For President Donald Trump's allies, his crackdown on the "illegal and immoral discrimination" of equal opportunities programs reflects a shifting US electorate that has lost patience with ineffective and performative political correctness.

'Tell the world': Holocaust survivors entrust memories to AI

Survivors of the Holocaust have entrusted their memories of the Nazi death camps to artificial intelligence to ensure that generations to come can access recollections of the genocide of six million Jews.

Chinese property giant Vanke warns of huge loss, CEO resigns

Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to "health reasons", after state-backed media reported he had been taken away by authorities.

Taiwan identifies 52 'suspicious' Chinese ships for close monitoring

Taiwan has identified 52 "suspicious" Chinese-owned ships flying flags of convenience that require close monitoring if detected near the island, the coast guard said Monday, as Taipei seeks to protect its subsea telecoms cables.

Chinese lion dance troupe shrugs off patriarchal past

Flinging her male teammate into the air, performer Lin Xinmeng practises China's world-famous lion dance with a troupe that is shrugging off centuries of patriarchal norms.

Asian stocks drop as tariff fears return, new AI programme emerges

Asian markets mostly fell Monday on fresh trade fears after Donald Trump's threat to impose huge tariffs on Colombia in retaliation for its refusal to accept deportation flights from the United States.

Sawt Falasteen - Economy (English)