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Featured

Belgium Signs Contract for 20 Rheinmetall Skyranger Air Defence Systems

The German defence manufacturer Rheinmetall has signed a contract to supply 20 Skyranger 30 air defence systems to Belgium, with initial deliveries scheduled for late 2028. The agreement supports the Belgian Armed Forces' 'Blue Dome' initiative to protect critical national infrastructure from aerial threats.

RBI Data Reveals Divergence in Credit Card Spending and Debit Card Cash Withdrawals

The Reserve Bank of India’s latest data reveals a distinct divergence in payment behaviors: while credit card spending is increasingly shifting toward online channels, debit cards remain predominantly used for cash withdrawals. In September 2026, India held over 125 million credit cards and more than 1 billion debit cards, yet the utility of these instruments differed significantly across digital and physical transaction types.

Last news

Asian stocks down as inflation fears churn markets

Asian equities slumped on Thursday following Wall Street's lead, as markets churned after a key US report renewed fears of inflation and a tightening of monetary policies.

US eyes trade deal-lite as Southeast Asian leaders gather

The United States is preparing a scaled-back version of a trade pact as Southeast Asian nations gather in Washington, where President Joe Biden is seeking to show solid commitment in the face of a rising China.

US stocks fall, oil rallies as inflation stokes market volatility

Wall Street stocks slumped and oil prices rallied Wednesday as markets churned with more volatility after a report showed US inflation moderated less than investors had been expecting.

US Republicans block contentious Senate abortion rights vote

A Democratic drive to make the right to abortion the law of the land failed in the US Senate on Wednesday after Republicans refused to allow a vote on the deeply polarizing issue that threatens to upend the upcoming midterm election campaign.

EU-wide mask rules for flights, airports eased from Monday

EU-wide guidance on requiring masks for air travel will be lifted from next week, the bloc's aviation safety agency said on Wednesday, as the pandemic eases in Europe.

Brazil April inflation hits 26-year high

Brazil's inflation rate hit a 26-year high for the month of April, the government said Wednesday, as spiraling prices continued to defy the central bank's push to rein them in.

UK's Johnson downplays EU trade war fears over N.Ireland protocol

Prime Minister Boris Johnson on Wednesday downplayed the prospect of triggering a UK trade war with the EU by threatening to pull post-Brexit arrangements in Northern Ireland, despite European warnings that he risks breaching international law.

Ireland warns UK against threats to Brexit protocol

Ireland's foreign minister on Wednesday said the UK risked a breach of international law if it scraps the trade rules it signed with the EU for Northern Ireland.

iPod RIP: How Apple's music player transformed an industry

At the height of its powers the pocket-sized music player known as the iPod shifted tens of millions of units each year, helping Apple to conquer the globe and transforming the music industry.

US inflation slowed in April but prices for many goods rising

US inflation slowed in April, according to new data Wednesday, but Americans continue to see their wallets empty faster when they buy groceries and pay the rent.

New Airbnb feature aims to 'redistribute' tourists from oversold venues

Seeking to address "over-tourism" at popular destinations, Airbnb unveiled Wednesday a new feature that encourages users to search by trip category, not only destination.

Companies lawyer up to navigate Russia sanctions

The deployment of unprecedented sanctions against Russia over the Ukraine war has left companies with a complex legal minefield to navigate, prompting them to hire more lawyers to avoid costly missteps.

Troops move to quell unrest after deadly Sri Lanka clashes

Soldiers stood behind wrought-iron barricades and next to burnt-out buses in the heart of Sri Lanka's capital Colombo Wednesday, guarding almost deserted streets after a convulsion of deadly clashes.

ECB signals rate hike as soon as July to combat inflation

European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July to tackle soaring inflation, echoing the actions of other major central banks and heralding the end of the eurozone's cheap money era.

Solomons PM dismisses concerns over China maritime deal

Solomon Islands' prime minister dismissed criticism of a new maritime investment deal with China on Wednesday, saying there was nothing "sinister" in the draft agreement.

Russians 'pushed away' from Kharkiv as Washington boosts aid

Ukraine said Wednesday it was pushing Russian troops away from the country's second city Kharkiv but facing stiff resistance, as Washington predicted that Vladimir Putin was ready for a long war.

Malaysia central bank hikes interest rate to tame inflation

Malaysia's central bank raised its key interest rate on Wednesday for the first time since 2020, in a surprise move aimed at taming inflation.

Asian stocks mixed, Europe opens higher as investors fret over inflation

Asian stocks were mixed on Wednesday, following a volatile day on Wall Street with investors concerned about surging inflation and see-sawing crude prices.

Triumphant Marcos faces high expectations from Philippines poor

Despite his Oxford education and jet-set lifestyle, the Philippines's president-elect Ferdinand Marcos Junior sailed to victory this week as a champion of the poor.

NZ Rugby to vote on controversial $134mn US private equity deal

The fate of New Zealand Rugby's contentious deal with a US private equity firm should be known within a month, after a special general meeting was called by the sport's bosses on Wednesday.

Toyota posts record full-year net profit, forecasts cautious

Toyota on Wednesday posted a record full-year net profit helped by strong sales and a cheaper yen, but issued cautious forecasts as the pandemic and war in Ukraine disrupt supply chains.

Russians 'pushed away from Kharkiv' as Washington warns of long war

Russian troops are being pushed away from Ukraine's second city Kharkiv, President Volodymyr Zelensky said, but sounded a note of caution as Washington said Vladimir Putin won't stop with the east and is ready for a long war.

Tokyo to recognise same-sex partnerships from November

Tokyo will begin recognising same-sex partnerships from November after revising current rules, officials said Wednesday, becoming the largest city in Japan to do so.

The 1997 chess game that thrust AI into the spotlight

With his hand pushed firmly into his cheek and his eyes fixed on the table, Garry Kasparov shot a final dark glance at the chessboard before storming out of the room: the king of chess had just been beaten by a computer.

Asian stocks open mixed as investors fret over oil prices

Asian stocks opened mixed on Wednesday, following a volatile day on Wall Street that had investors concerned about surging inflation and sent global oil prices retreating.

US inflation may have peaked, but pain continues

With surging prices undermining wage gains and hurting American families, US President Joe Biden said Tuesday that fighting inflation is his top priority, but he may have limited tools to tackle the issue.

Final refrain for iPod as Apple stops production

Apple on Tuesday put out word it is no longer making iPods, the trend-setting MP3 players that transformed how people get music and gave rise to the iPhone.

Fighting rages in Ukraine's east as US warns of long war

Ukraine battled Russian forces in its eastern region Tuesday while overnight missile strikes hit the southern port of Odessa, as the United States warned that Russian President Vladimir Putin is ready for a long war.

Paraguay anti-drug prosecutor killed in Colombia while honeymooning

Paraguayan anti-drug prosecutor Marcelo Pecci was shot dead execution-style Tuesday while honeymooning on a Colombian Caribbean island by men who fled by sea, police and his widow said.

$Mike Tyson to face no charges over plane fracas: US prosecutor$

Mike Tyson to face no charges over plane fracas: US prosecutor

Former heavyweight boxing champion Mike Tyson will not face criminal charges over repeatedly punching a fellow plane passenger, a prosecutor in California said Tuesday.

Global stocks end mostly up as demand worries weigh on oil prices

European and US stocks mostly rose Tuesday, partially rebounding from the prior session's rout, while oil prices continued to retreat on worries slowing global growth will dent demand.

West blames Russia for satellite hack ahead of Ukraine invasion

Western powers on Tuesday accused Russian authorities of carrying out a cyberattack against a satellite network an hour before the invasion of Ukraine to pave the way for its assault.

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American Marconi Wireless News - Economy (English)