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Featured

US-China talks resume as Trump hails 'total reset' in trade relations

Talks between top US and Chinese officials resumed for a second day Sunday, after US President Donald Trump voiced optimism over the negotiations aimed at de-escalating trade tensions sparked by his aggressive tariff rollout.

Scottish refinery closure spells trouble for green transition

Andrew Petersen is a third-generation oil refinery worker from a small, industrial Scottish town.

Last news

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

Will Twitter's 'poison pill' be too tough for Elon Musk to swallow?

The so-called "poison pill" Twitter has proposed to use against Elon Musk's potential hostile takeover is a mechanism with a proven track record that could force the outspoken entrepreneur into negotiations.

China axes 15 coal plants abroad after Xi pledge, but loopholes remain: study

More than a dozen Chinese coal power projects overseas were cancelled after a ban last year on funding such plants, but loopholes could allow 18 others to still go ahead, according to a study published Friday.

Mariupol 'continues to resist', Ukrainian president says

The devastated city of Mariupol "continues to resist" despite Russian claims to have captured it, Ukrainian President Volodymyr Zelensky said Friday as he welcomed fresh US aid to help confront Moscow's eastern offensive.

Cash-strapped Sri Lanka hit by record inflation

Crisis-hit Sri Lanka's inflation hit a record high for the sixth consecutive month, official data showed on Friday as the government asked the IMF for an urgent bailout.

Asian markets tumble after Federal Reserve chief's comments

Asian markets fell sharply at the open on Friday, trailing losses on Wall Street after the US Federal Reserve boss said an interest-rate hike was likely forthcoming.

Revitalised Angkor Wat brings hope for Cambodia tourism recovery

As dawn breaks, foreign tourists gather by the ancient towers of Cambodia's Angkor Wat, some of the lucky few to see the World Heritage Site with the crowds thin as the country recovers from the coronavirus.

'Long live the samba!': 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 for the first time since Covid-19 hit Brazil.

Turkish opposition leader's flat goes dark over unpaid bills

Turkey's opposition leader said Thursday that his power supply had been cut after he stopped paying electricity bills in protest at soaring prices that he blamed squarely on President Recep Tayyip Erdogan.

Tiny Bronte book, unseen for a century, goes on sale in New York

A miniature book of poems written by a 13-year-old Charlotte Bronte was unveiled in New York on Thursday after more than a century hidden away.

Frappart named as first woman to referee French Cup final

Stephanie Frappart will make history when she becomes the first woman to referee the men's French Cup final, after being handed the game by the French Football Federation (FFF) on Thursday.

Russia's economic outlook worsens: central bank survey

Russia's economic outlook has worsened as a central bank survey on Thursday showed a deeper contraction than previously expected and inflation soaring to 22 percent this year.

Tesla, airline shares take off

US and European stock markets rose on Thursday, with Tesla shares shooting higher after the electric carmaker reported record profits and airlines soaring as the travel outlook brightened.

American Airlines eyes Q2 profit after latest loss

American Airlines reported another quarterly loss Thursday, but said a recent sharp improvement in bookings should enable it to achieve profitability in the second quarter.

UN top court raps Colombia over sea row with Nicaragua

The United Nations' top court on Thursday ordered the Colombian navy to stop interfering in Nicaraguan waters, ruling on a longstanding legal battle over maritime borders.

UK PM arrives in India for hard sell on anti-Russia action

UK Prime Minister Boris Johnson arrived in India Thursday touting job-creating investment but facing long odds to get his reluctant counterpart Narendra Modi to back Western action against Russia.

China reinforces tight control over plane crash mystery

The cause of China's deadliest air crash in decades remains a mystery, with authorities giving few details in a preliminary report on Wednesday while enforcing strict censorship one month after the disaster.

Cannabis '420' festival brings scent of freedom - and dollars - to Denver

Tens of thousands of cannabis enthusiasts gathered in Denver on Wednesday to celebrate the ever-widening US legalization of recreational weed with plumes of pungent smoke, music... and a few grumblings about commercialization.

Tesla reports record profits, bullish on 2022 output

Tesla reported another banner quarter of profit growth Wednesday on pricier vehicles and said its 2022 output plan was on track despite ongoing supply chain problems and a hit from recent Covid-19 lockdown measures in China.

United Airlines bullish on Q2 as it reports another loss

United Airlines reported another quarterly loss Wednesday on the lingering drag from Covid-19 but offered a bullish outlook based on surging travel demand.

Tesla reports Q1 profits of $3.3 bn, topping expectations

Tesla reported another banner quarter of profit growth Wednesday as the rapid expansion of electric vehicle (EV) manufacturing capacity boosted sales despite ongoing supply chain problems.

Italy signs gas deal with Angola seeking to end dependence on Russia

Italian ministers on Wednesday signed a deal with Angola to ramp up gas supplies from the southern African country as Italy urgently scrambles to break away from Russian gas over the Ukraine war.

G20 finances chiefs convene amid threats of Ukraine boycott

Finance officials from the world's richest countries are convening on Wednesday to address global challenges like rising debt and a possible food crisis -- if they can overcome boiling tensions over Russia's invasion of Ukraine.

Europe stocks shine but US mixed as Netflix plunges

European stocks rose Wednesday as investors tracked corporate earnings and developments in the Ukraine conflict, while US stocks were mixed as Netflix shares tumbled after the streaming giant reported a drop in subscribers.

Higher prices cooled US housing market in March

Sales of existing US homes dropped for the second straight month in March, an industry survey said Wednesday, a sign that higher mortgage rates and rising prices are taking the wind out of the booming sector's sails.

Stock markets rise but Netflix sinks

European and US stocks rose Wednesday as investors tracked developments in the Ukraine conflict and corporate earnings, with Netflix shares sinking after the streaming giant reported a drop in subscribers.

Procter & Gamble profits rise on higher pricing

Quarterly profits edged higher at Procter & Gamble as the consumer goods giant implemented price increases with only a limited hit to demand, the company said Wednesday.

European stock market gains capped by Ukraine war

European stocks rose Wednesday but gains were capped as Russia continued its new offensive in eastern Ukraine, dealers said.

Blind Rwandans take up massage to fight stigma

On a chilly morning, Beth Gatonye loaded two vibrating chairs into her van and headed to the US embassy in Kigali with three blind colleagues, ready to offer massage therapy.

Italy chases African gas to end dependence on Russia

Italian ministers head to central Africa Wednesday in an urgent quest for new energy deals as Italy scrambles to break away from Russian gas over the Ukraine war.

IMF asks Sri Lanka to restructure debt before bailout

The International Monetary Fund said on Wednesday that it has asked cash-strapped Sri Lanka to "restructure" its huge foreign debt before a bailout programme could be finalised as anti-government protests escalated across the island.

Sri Lanka town under curfew, foreign concern over killing

Police kept up a curfew in central Sri Lanka on Wednesday, a day after the killing of an anti-government demonstrator in escalating protests across the island triggered international condemnation.

New Indian 'sex start-ups' challenge old taboos

The couple behind a new start-up using adult toys and cheeky adverts to challenge long-held taboos say they want to take the "shame, guilt and fear" out of sex in India.

American Marconi Wireless News - Economy (English)