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Featured

Delhi gold loses Rs 800 while silver falls Rs 5,000

NEW DELHI: Gold prices fell for the second straight session, declining Rs 800 to Rs 1.

India extends micro-credit guarantee plan for five years

"" NEW DELHI: The Union Cabinet on Wednesday approved the continuation of the Credit Guarantee Fund for Micro Units (CGFMU) for five years up to March 2031, a move that will facilitate loans of Rs 12.

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Asian stocks rise after strong China production data

Asian stocks gained on Monday after China posted stronger than expected industrial production data in a fragile recovery for the world's second-largest economy.

Blinken says fighting disinfo 'vital US national security interest'

Fighting disinformation including AI-enabled content is a "vital" national security interest and diplomatic priority for the United States, Secretary of State Antony Blinken said Monday at a democracy summit in Seoul.

Methane: a powerful gas heating the planet

Climate talks often revolve around reducing the most dangerous greenhouse gas CO2.

China retail sales show shaky economic recovery

The performance of China's economy in the first two months of 2024 was mixed, official figures showed Monday, with sluggish household consumption alongside increased industrial production reflecting an uneven recovery.

Asian trade cautious ahead of key rate decisions

Traders in Asia were cautious on Monday after US shares receded, and as anticipation builds for the Bank of Japan to finally ditch its negative interest rate.

Sins of the fathers: Children of IS left to rot in Syria camp

Ali is 12 and has survived things no child should see, spending half his life in what amounts to a prison camp for jihadist families in an arid corner of northeastern Syria.

Australian taxi drivers win $178 million payout from Uber

Australian taxi drivers impacted by the rise of ridesharing giant Uber have won US$178 million in compensation, their lawyers said Monday after settling a gruelling legal battle.

Monsters, asteroids, vampires: AI conspiracies flood TikTok

From vampires and wendigos to killer asteroids, TikTok users are pumping out outlandish end-of-the-world conspiracy theories, researchers say, in yet another misinformation trend on a platform whose fate in the United States hangs in the balance.

'Kung Fu Panda' again beats sandworms in N.America box office

For a second weekend running "Kung Fu Panda 4" battled its way to the top of the North American box office, narrowly edging out "Dune: Part Two," according to industry watcher Exhibitor Relations.

Spanish farmers stage fresh protests in Madrid

Hundreds of farmers paraded through the Spanish capital on foot and by tractor on Sunday in the latest protest over the crisis facing the agricultural sector.

Vietnam faces $3bn annual crop losses from rising saltwater levels

Vietnam faces nearly $3 billion a year in crop losses as more saltwater seeps into arable land, state media reported Sunday, citing new research.

UK brass band keeps miners' legacy burning, 40 years after strike

Memories of the UK's once-mighty mining industry are fading but 40 years after an epoch-defining strike, Carlton Main Frickley Colliery Band still embodies the close ties that once bound the community.

US Fed to provide fresh clues on rate cuts after uptick in inflation

The US Federal Reserve is widely expected to keep its key lending rate unchanged again on Wednesday, as policymakers continue discussions over when to start rate cuts and launch the next phase in their long-running battle against inflation.

German train drivers union halts strikes to negotiate

Germany's Deutsche Bahn railways and the GDL train drivers' union announced they had returned to the negotiating table on Saturday after a wave of strikes demanding better pay.

Gaza truce efforts revived as first sea aid unloaded

Efforts towards a truce in the Israel-Hamas war appeared to rekindle on Saturday after a new proposal from the Palestinian militant group which also called for more aid into Gaza, where the first food shipment by sea reached shore.

Inferno destroys prestigious Arab film studio in Cairo

A major fire in Cairo destroyed one of the Arab world's most prestigious and oldest film production houses, founded 80 years ago, an AFP journalist said.

Truce efforts ongoing as first sea aid unloaded for hungry Gazans

Efforts towards a truce in the Israel-Hamas war continued Saturday after a new proposal from the Palestinian militant group which also called for more aid into Gaza, where famine threatens and the first food shipment by sea was unloaded.

UN says 5 million at risk of starvation in Sudan

The United Nations appealed Friday for Sudan's battling factions to allow delivery of humanitarian relief to fend off looming "catastrophic" hunger.

EU chief outlines more concessions for bloc's farmers

European Commission chief Ursula von der Leyen on Friday laid out a further series of concessions to EU farmers, especially for those on smaller properties, in a bid to calm rolling protests in the sector.

Vodafone sells Italian unit to Swisscom, deal angers Swiss hard-right

British telecoms giant Vodafone said Friday it has agreed to sell its Italian unit to Swisscom for eight billion euros ($8.7 billion) in a cash deal that was slammed by Switzerland's main political party.

Dutch pick France's Naval Group for submarines deal

The Netherlands picked French defence company Naval Group on Friday to build four submarines for its navy in a deal worth billions of euros that had also been pursued by Swedish and German firms.

21 migrants including five children dead in Aegean: Turkey

Twenty-one migrants including five children drowned after a boat capsized off the Turkish coast, local officials said on Friday.

Economic hard times make Swedes cut back on drinking

A slumping economy gave Swedes less to cheer about last year as alcohol consumption fell the most in nearly a decade in the Nordic country, excluding the 2020 pandemic, research showed Friday.

Nissan, Honda explore partnership in electric vehicles

Japanese arch-rivals Nissan and Honda said Friday they were exploring a strategic partnership in electric vehicles to face up to a "once-in-a-century" upheaval in the car industry.

Eyes on Bank of Japan as unions announce big wage hikes

Japan's largest trade union said Friday it had secured the highest wage hikes since 1991 in preliminary data that stokes speculation the central bank will finally shift away from its outlier ultra-loose monetary policy.

Women bus drivers, a first for Uzbekistan

Saodat Shermatova "cried with joy" after Uzbekistan, a predominantly Muslim former Soviet republic, lifted a ban last month on women working as bus drivers.

Al-Shabaab besieges hotel in Somali capital

Sporadic explosions and gunfire rang out from a popular hotel in the Somali capital early Friday, an AFP correspondent said, many hours after Al-Shabaab fighters attacked the site near the presidential palace.

Vodafone sells Italian unit to Swisscom for 8 bn euros

British telecoms giant Vodafone said Friday it has agreed to sell its Italian unit to Swisscom for eight billion euros ($8.7 billion), completing efforts to overhaul the UK group's European operations.

Nissan, Honda to explore partnership in electric vehicles

Japanese auto giants Nissan and Honda said Friday they had agreed to explore a strategic partnership in electric vehicles and other areas.

Israel denies Hamas claim troops killed 20 Gazans seeking aid

Gaza's Hamas-run health ministry said on Friday that Israeli fire killed 20 people and wounded 155 waiting to receive desperately needed aid in the besieged territory, but Israel said the reports were "erroneous".

Eyes on Bank of Japan as unions announce wage hikes

The results of key wage hike negotiations in Japan will be announced Friday, with a win for workers expected to set the stage for a hotly anticipated shift away from the central bank's ultra-loose monetary policy.

El Salvador stashes $406 million in bitcoin in 'cold wallet': Bukele

El Salvador's President Nayib Bukele said Thursday that his country has stored more than $400 million in bitcoin in an offline "cold wallet" as the cryptocurrency forges new record highs.

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American Marconi Wireless News - Economy (English)