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Featured

Merz tells France Mercosur trade deal must be ratified 'quickly'

Germany's new Chancellor Friedrich Merz said on Wednesday EU countries should "quickly" ratify a free trade deal with four South American nations that has met with staunch opposition from France.

Weight-loss drugmaker Novo Nordisk slims sales forecast

Danish drugmaker Novo Nordisk, known for its blockbuster diabetes and weight-loss treatments Ozempic and Wegovy, cut its annual sales forecast on Wednesday, citing a decline in its US market share.

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Hong Kong press club scraps rights awards over 'red line' fears

Hong Kong's foreign press club scrapped its annual human rights awards on Monday citing fears it could be prosecuted for crossing "new red lines" as Beijing stamps out dissent in the international business hub.

Markets plunge on China lockdowns, rate hike fears

Stock markets and oil prices sank Monday on growing concern that lockdowns in China aimed at fighting a worsening Covid outbreak could further harm a world economy battling decades-high inflation.

Nissan ending production of Datsun brand vehicles

Japanese automaker Nissan is ending production of Datsun brand vehicles, less than a decade after reviving the famed budget car to woo cost-conscious customers in emerging markets, the company said on Monday.

Sri Lanka shares plunge as Buddhist leaders ask govt to resign

Sri Lanka's stock market halted trading after a nearly 13 percent plunge Monday as the island nation's beleaguered government faces new pressure to resign from influential Buddhist leaders over a crippling economic crisis.

London and Washington begin two days of trade talks

The UK on Monday began two days of talks with the United States, hoping for progress to secure a coveted post-Brexit free trade deal.

Gambian faces trial in Germany over AFP reporter murder

The trial began in Germany on Monday of a Gambian man accused of being part of a death squad that assassinated opponents of former dictator Yahya Jammeh, including an AFP journalist.

China lockdowns, rate hike fears batter stock markets

Stock markets sank Monday on growing concerns that lockdowns in China aimed at fighting a worsening Covid outbreak could threaten the country's economy and global supply chains.

World's oldest person dies in Japan at 119

A Japanese woman certified the world's oldest person has died at the age of 119, local officials said Monday.

Markets hit China economy worries, rate hike fears

Stock markets sank Monday on growing concerns that lockdowns in China aimed at fighting a worsening Covid outbreak could threaten the country's economy and global supply chains.

Sri Lanka exchange halts again after 13% plunge

Crisis-hit Sri Lanka's stock exchange halted again Monday after a nearly 13 percent plunge, derailing the bourse's tentative reopening after a two-week break aimed at forestalling a market collapse.

Gambian to face trial in Germany over AFP reporter murder

The trial begins in Germany on Monday of a Gambian man accused of being part of a death squad that assassinated opponents of former dictator Yahya Jammeh, including an AFP journalist.

Asian markets track Wall St rout, oil sinks

Asian markets sank Monday on growing concerns of a sharp hike in US interest rates as officials struggle to contain runaway inflation, while oil was hit by expectations Chinese demand will dry up owing to Covid lockdowns.

Olympic status gives surfing a boost in Cuba

When they were children, Cuba's surfers used to transform their school desks into boards to ride the waves.

Top US officials to visit Kyiv as Orthodox Easter marked by war

The United States' top diplomat and defence chief were Sunday set to make their first war-time visits to Kyiv since Russia invaded Ukraine two months ago, with fierce fighting casting a long shadow over Orthodox Easter.

Mexican bishop aims to tame drug violence with dialogue

A Mexican bishop who served in conflict-torn areas abroad and survived an attack by drug traffickers in his own country hopes dialogue with criminals will pacify one of Mexico's most violent regions.

Egypt gig economy workers face rough ride

Young men on bikes and scooters zip through Cairo, Egypt's sprawling megalopolis, dodging cars to deliver more than a million orders each day, with little physical or legal protection.

'Bleed us dry': Why tech platforms are facing rebellions

When Jak found online marketplace Etsy, it seemed like the perfect match: a tech platform for small traders to sell handmade items that promised to be a creative outlet and bring tidy profits.

China Covid death toll rises as Beijing warns of 'grim' situation

Shanghai reported 39 Covid deaths Sunday, official data showed, its highest daily toll since a weeks-long lockdown started, while China's capital Beijing warned of a "grim" situation with rising infections.

Yemen capital's first commercial flight since 2016 postponed

The first commercial flight from Yemen’s rebel-held capital in six years had to be indefinitely postponed after failing to obtain permits from the Saudi-led coalition, the national carrier said Sunday.

S.Africa's deadly floods shine spotlight on housing crisis

Thulisile Ntobela, once lived in an apartment, but when her rent went up 25 percent, the unemployed mother of five could no longer afford and moved out.

Belgian rock icon Arno dies aged 72

Veteran Belgian singer Arno, a rock icon known for his husky voice and unruly hair, died on Saturday from cancer at the age of 72, his agent announced.

Thousands protest in German town threatened by mine expansion

Thousands of protesters gathered Saturday in a northwest German village slated to disappear because of a coal mine expansion, as the country looks to decrease its reliance on Russian gas.

Ukraine aims to evacuate civilians from Mariupol as Russia presses campaign

Ukrainesaid it would make a fresh attempt on Saturday to evacuate civilians from Mariupol, the devastated port city largely controlled by Russian forces, as hopes for a weekend truce during Orthodox Easter faded.

Prettier in pink: the push to remake Japan's cherry blossom season

Japan's famed cherry blossom season blankets the country in the delicate white flowers of the prized and popular "somei-yoshino" tree, delighting residents and visitors alike. But some want change.

Twitter bans ads that defy climate change science

Twitter on Friday banned ads that deny the reality of climate change.

New Pakistan government says willing to curb fuel subsidies

Pakistan's new finance minister on Friday agreed with IMF recommendations to reduce fuel subsidies, pledging to pursue structural reforms to boost a crisis-wracked economy.

Global stocks plunge on jitters over higher interest rates

Global stock markets dropped sharply Friday as the latest hawkish commentary from the Federal Reserve sent investors fleeing equities on worries over higher interest rates.

Brazil holds first carnival since Covid

After two long years without its frenetic festival of sparkling sequins, sultry samba and towering floats, Rio de Janeiro will hold its famed carnival parades Friday night for the first time since Covid-19 hit Brazil.

Losing Russian energy would weigh on Europe's economy: IMF official

Europe can get by without Russian gas for six months, but beyond that, the economic impact would be severe, a senior IMF official told AFP.

Maddie's parents say 'welcome news' on probe into suspect

The parents of British toddler Madeleine McCann, who went missing while on holiday in 2007, said Friday they "welcome the news" that Portuguese authorities and German prosecutors have declared a convicted German rapist the prime suspect in her disappearance.

15 years on, Portugal eyes German suspect in Maddie case

Almost 15 years after British toddler Madeleine McCann went missing while on holiday, Portuguese authorities have followed German prosecutors and declared a convicted German rapist the prime suspect in her disappearance.

Floods heap woes on South Africa trading hub

First it was Covid, then riots and now floods: KwaZulu-Natal (NZN) province, South Africa's gateway to the Indian Ocean, is reeling from a unpredented string of disasters.

Global markets mostly sink on Fed chief's remarks

Asian and European stocks mostly sank Friday on hawkish comments from the Federal Reserve about its monetary tightening plans, sending the dollar sharply higher against the euro.

Key moments in Carlos Ghosn saga

From his surprise detention to an audacious escape from Japan hidden in an audio-equipment box, the rollercoaster saga of disgraced former Nissan boss Carlos Ghosn has grabbed headlines worldwide.

Ukrainian journalists carve out new niche in Germany

Two months ago, Roksana Panashchuk was working as a freelance journalist in Ukraine. Now, she's a refugee in Germany, closely watching events back home from the northeastern city of Greifswald.

Eurozone growth speeds up in April despite Ukraine war

Economic growth in the eurozone accelerated and hit a seven-month high in April, a key survey showed on Friday, despite concerns about inflation and Russia's war in Ukraine.

Thailand drops on-arrival Covid-19 tests for vaccinated visitors

Thailand on Friday announced the end of compulsory Covid-19 tests for vaccinated travellers, as the country steps up efforts to revive its pandemic-thumped tourism industry.

One woman's war against the pain of 'suicide headaches'

When the headaches come for Diane Wattrelos, as they do for half an hour 10 times every day, she says it feels like someone has "stuck a screwdriver in my eye and turned it".

French prosecutors issue international arrest warrant for Ghosn

French authorities have issued an international arrest warrant for Carlos Ghosn, the disgraced auto tycoon who jumped bail in Japan and fled to Lebanon in a sensational getaway, prosecutors told AFP on Friday

American Marconi Wireless News - Economy (English)