Sawt Falasteen - Economy

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Featured

Salt: integral ingredient of sumo stars' art

Paris will be the setting next weekend for one of Japan's oldest martial art forms, sumo wrestling, but an unheralded star of the major two-day tournament will be 100 percent French: the 200 kilogrammes of customised Guerande salt ordered by organisers.

Tech leads Asia losses, oil rises as rollercoaster week rumbles on

Stocks fell Wednesday to extend a rollercoaster week for markets, with tech firms once again bearing the brunt of the selling as investors fret over elevated prices and possible US interest rate hikes.

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US stocks end volatile session higher as oil prices retreat

Wall Street stocks finished mostly higher Thursday following a choppy session as markets tried to parse the prospects for a Middle East peace deal while digesting earnings from Nvidia and Walmart.

What's behind the social unrest in Bolivia?

"Out with Rodrigo Paz!" reads graffiti scrawled across the Bolivian capital just months after the center-right president entered office.

Air France, Airbus convicted of manslaughter in 2009 Rio-Paris crash

A French appeals court Thursday convicted Air France and Airbus of involuntary manslaughter over the 2009 crash of a Rio-Paris flight that killed 228 people, the worst disaster in France's aviation history.

Trump pressures Supreme Court to rule for him on citizenship

President Donald Trump on Thursday maintained his unprecedented campaign to pressure the Supreme Court, saying it would be a "disgrace" if the independent justices rule against him on US birthright citizenship.

UK details rules for single-sex spaces after landmark ruling

Britain's Labour government insisted that long-awaited new guidance on single-sex spaces published on Thursday still protects transgender people.

Beloved Citroen 2CV revived as electric car

The 2CV, an iconic Citroen model popular for much of the Twentieth Century, will be coming back after production ceased in 1990, reincarnated as an electric vehicle, Citroen announced Thursday.

US voices hope on Iran deal progress before Pakistan army chief visit

US Secretary of State Marco Rubio voiced hope on Thursday of progress on ending the war with Iran, with mediator Pakistan's army chief due to arrive in the Islamic republic for talks.

Oil gains, stocks cautious on uncertain Mideast peace prospects

Oil prices jumped and the dollar firmed on Thursday while stocks diverged as hopes of a Middle East peace accord faded on conflicting headlines on the state of talks.

From conflict to cleaning, expo showcases China's drone dominance

Russians looking for drone interceptors brushed shoulders with entrepreneurs keen to see the latest industrial cleaning technology at a massive industry expo showcasing China's dominance of the drone industry on Thursday.

Fans create AI-generated team songs ahead of World Cup

World Cup fans are wielding artificial intelligence to mass-produce viral songs supporting their teams ahead of next month's tournament.

Walmart reports solid results but sees some consumers struggling

Walmart reported increased profits Thursday as it capitalized on affordability concerns at a time of soaring gasoline prices, but shares fell sharply on disappointment over the retailer's sales forecast.

Oil gains, stocks slip on uncertain Mideast peace prospects

Oil prices jumped while stock markets mostly retreated and the dollar firmed Thursday as hopes of a Middle East peace accord faded on conflicting headlines on the state of talks.

Stellantis unveils 60 bn euro push to revive profitability

Jeep and Fiat owner Stellantis said Thursday that it would invest 60 billion euros in a five-year push to restore profitability, reducing its factory capacity in Europe while focusing on "affordability" in the shift to clean-energy vehicles.

In Ankara, DW journalist goes on trial for 'insulting president'

A Turkish journalist with Deutsche Welle (DW) went on trial in Ankara on Thursday for allegedly "insulting the president", with the court granting him conditional release, the German broadcaster said.

EU slashes eurozone 2026 growth forecast on Mideast war

The eurozone economy will expand less than expected this year, the EU said Thursday, as the Middle East war and subsequent energy shock take their toll.

Oil gains, European stocks down on uncertain Mideast peace prospects

Oil prices jumped, European stock markets retreated and the dollar firmed Thursday as hopes of a Middle East peace accord faded on conflicting headlines on the state of talks.

Samsung chip employees to get average $338,000 bonus under strike deal

Samsung Electronics chip employees are expected to receive average bonuses worth 509 million won ($338,000) this year, a company official said Thursday, under a tentative deal between management and labour unions to avert a strike.

EasyJet posts deeper first-half loss on Mideast war

British no-frills airline EasyJet said Thursday that its losses deepened in the six months to end-March after the Middle East war sent jet fuel prices soaring.

Ubisoft shares plunge after grim annual results

Shares in Ubisoft plunged more than 15 percent Thursday after the French video games giant reported disappointing annual results and forecast further pain in the coming year.

Mideast war forces EU to slash eurozone 2026 growth forecast

The eurozone economy will expand less than expected this year, the EU said Thursday, as the Middle East war and subsequent energy shock take their toll.

Asian stocks surge on Iran hopes, Samsung union talks

Shares surged in Seoul, Tokyo and other Asian markets on Thursday, fuelled by hopes of a Middle East peace accord and by negotiations averting a planned strike at Samsung Electronics.

Asian stocks surge on Iran hopes and Samsung union talks

Shares surged in Tokyo, Seoul and other Asian markets Thursday, fuelled by hopes of a Middle East peace accord and by negotiations averting a planned strike at Samsung Electronics.

Asian stocks surge on Iran hopes and Samsung deal

Shares surged in Tokyo, Seoul and other Asian markets Thursday, fuelled by hopes of a Middle East peace accord and by negotiations averting a planned strike at Samsung Electronics.

The world built more coal power in 2025, but used less

The world built and commissioned more coal power in 2025, but used the polluting fuel less, with the United States the only major economy to substantially increase generation, analysis showed Thursday.

Musk's SpaceX is about to go public. Here's how it works

Hundreds of companies raised a combined $70 billion by selling shares to the public in the United States last year.

Musk eyes Wall Street record with SpaceX IPO

Elon Musk's SpaceX rocketed toward Wall Street on Wednesday, filing plans for what could become the largest initial public offering in history as the company reportedly seeks to raise up to $75 billion on the public markets.

Fighting over a chicken in protest-hit La Paz

In Bolivia's administrative capital La Paz, a line of shoppers surge to get their hands on one of the chickens that have just been delivered to a poultry store.

Zuckerberg says he feels 'weight' of Meta layoffs

Meta began laying off roughly 8,000 employees Wednesday -- about 10 percent of its global workforce -- as co-founder and Chief Executive Mark Zuckerberg pushes to redirect resources toward an ambitious artificial intelligence agenda.

Musk's SpaceX discloses filing for blockbuster IPO

SpaceX's filing with US regulators was revealed Wednesday, laying out plans for what could become the largest initial public offering in history as Elon Musk's rocket and satellite company seeks to raise up to $75 billion on the public markets.

Iran examining US proposal, as Trump says in 'final stages' of talks

Iran said on Wednesday it was examining the latest US proposal received from mediator Pakistan in talks to end the Middle East war, despite the two sides trading threats over resuming attacks.

Airbnb expands into hotels, cars, groceries

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.

Opposition backlash as Macron's choice gets nod for central bank

French lawmakers on Wednesday narrowly approved President Emmanuel Macron's ex-chief of staff as central bank governor, as the far-right opposition accused the outgoing head of state of seeking to freeze it out from key institutions.

Sawt Falasteen - Economy (English)