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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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Ukraine says half of Western arms delivered late

Half of Western military aid to Kyiv is delivered later than promised, delays that hobble Kyiv's ability to defend itself against Russian attacks and cost Ukrainian lives, the country's Defence Minister Rustem Umerov said on Sunday.

Argentine provinces threaten oil supply cuts in dispute with Milei

Argentina's main petroleum-producing provinces have threatened to cut supplies to the rest of the country over funding reductions ordered by President Javier Milei.

Macron opens agricultural show to whistles from protesters

French President Emmanuel Macron opened the annual agricultural fair Saturday as angry farmers blew whistles and shouted insults.

Eiffel Tower to reopen Sunday as strike ends

France's Eiffel Tower that had been closed for five days by a strike will reopen Sunday after the monument's management announced a deal had been struck with unions.

Sumo great Hakuho demoted over protege's bullying

Sumo's greatest champion, Hakuho, has been demoted from his role as stablemaster over a failure to supervise a protege and prevent him from physically abusing other wrestlers, Japanese media said.

Defying war, 9/11 and Covid, NY bar keeps ale flowing at 170

Not much has changed in the 170 years that McSorley's Old Ale House has been serving customers in Manhattan's East Village.

US warns of environmental disaster from cargo ship hit by Huthi rebels

A cargo ship abandoned in the Gulf of Aden after an attack by Yemeni rebels is taking on water and has left a huge oil slick, in an environmental disaster that US Central Command said Friday could get worse.

Dow and S&P 500 eke out fresh records as stocks rally loses steam

Two of Wall Street's three major indices edged higher on Friday to reach new records, as investors looked to take the profits they have accumulated this week on the back of a market rally fueled by US technology titan Nvidia's blockbuster results.

Thousands protest as hunger grows amid Argentine austerity

Thousands protested across Argentina on Friday to demand food aid for the poor as soaring inflation and President Javier Milei's harsh austerity measures take their toll.

Profit-taking nibbles at Nvidia and stocks rally loses steam

Wall Street's three main indices struck fresh record highs on Friday before profit-taking settled in and sapped the rally touched off by US technology titan Nvidia's blockbuster results.

Animal prints turn to stone at Roberto Cavalli for Milan Fashion Week

Animal prints are in the DNA of Italian fashion brand Roberto Cavalli, but this week, designer Fausto Puglisi turned the animal to mineral.

Stocks edge higher as Nvidia-induced rally rolls on

Global equities pushed higher Friday as investors digested a record-breaking week powered by US technology titan Nvidia's blockbuster results and the artificial intelligence boom.

Eiffel Tower to remain closed Saturday morning, unions say

France's Eiffel Tower was to remain closed on Saturday morning as staff voted to extend a strike over the monument's management, unions said Friday.

France, Armenia hail military ties amid Russia tensions

France and Armenia on Friday hailed growing military cooperation as Armenian leader Nikol Pashinyan seeks to reduce his small country's dependence on former master Russia.

Stocks waver after Nvidia-induced record rally

Global equities wavered Friday as investors digested a record-breaking week powered by US technology titan Nvidia's blockbuster results and the artificial intelligence boom.

Four dead, 14 missing after fire guts Spanish apartment block

At least four people died in a huge fire that ripped through a 14-storey apartment block in Valencia, eastern Spain, and at least 14 were reported missing, with officials warning on Friday that the death toll could rise.

French prosecutors probe sex abuse accusations against top psychoanalyst

French prosecutors are investigating accusations of rape and sexual assault, including of minors, against top French psychoanalyst Gerard Miller, they said on Friday.

Shipping insurance rates soar on Red Sea missile attacks

Attacks by Yemen's Huthi rebels on commercial ships in the Red Sea have sent insurance premiums surging, exacerbating costs already stretched by soaring freight rates and longer alternative trade routes.

Asian markets advance after record rallies

Asian shares climbed Friday following a day of record highs in Japanese, US and European markets after demand for AI-powering chips drove tech gains.

Audience favorite 'True Detective' to return for fifth season

US crime series "True Detective" will return for a fifth season after the recently wrapped up edition -- following two women officers in frigid Alaska -- proved a hit with viewers, broadcaster HBO announced Thursday.

Swiss-Italian chocolate war set to end with sweet truce

Swiss giant Lindt said Thursday a deal may soon be reached with group of Italian artisan chocolatiers that will allow for the creation of a protected status for Turin's famed gianduiotto.

Lagos state intervenes to ease Nigeria cost of living crisis

The governor of Nigeria's Lagos state on Thursday unveiled a series of measures aimed at easing the soaring cost of living after protests broke out.

Argentine austerity anger mounts, but govt says its working

Argentine trains ground to a halt and hospitals were left running on fumes this week as austerity measures sparked mass walkouts -- even as the country boasted its first budget surplus in 12 years.

US Fed official warns of inflationary risk of over-consumption

A senior Federal Reserve official confirmed Thursday that the US central bank still intends to start cutting interest rates "at some point this year," but warned against the potentially inflationary effect of over-consumption.

Gaza economy shrank by more than 80% in 4th quarter due to conflict: World Bank

The Israel-Hamas war has had a "catastrophic" impact on Gaza's infrastructure and caused its economy to contract by more than 80 percent in the fourth quarter of the year, the World Bank said.

Nvidia reignites stock rally, Tokyo smashes 34-year high

Global stock markets rallied Thursday as investors cheered bumper profits from US chip giant Nvidia, seen as the bellwether for artificial intelligence, with records falling in Asia, Europe and North America.

US home sales tick up in January on lower mortgage rates

Existing home sales in the United States crept up in January, according to industry data released Thursday, on slightly higher listings and demand as buyers made the most of cooler mortgage rates.

Tokyo smashes 34-year high as Nvidia reignites stock rally

Global stock markets rallied Thursday, with Tokyo breaking a record high that had stood since 1989, as investors cheered bumper profits from US chip giant Nvidia, seen as the bellwether for artificial intelligence.

Turkey ends tightening cycle, keeps interest rate at 45%

Turkey's central bank maintained its key interest rate at 45 percent on Thursday, marking the end of its monetary tightening cycle after eight consecutive months of hikes.

France complains of Russian 'threats' to military

France's air force pilots have been threatened with attack by Russian forces during patrol missions in international air space, French Defence Minister Sebastien Lecornu said Thursday.

Tokyo stock market breaks long-standing record high

Global stock markets rose Thursday, with Tokyo breaking its record-high that had stood since 1989, as investors cheered bumper profits from US chip giant Nvidia, seen as the bellwether for artificial intelligence.

Financial security, not fine art, helps drive Japan stocks to record high

Before Japan's asset bubble catastrophically burst in the early 1990s, stockbroker Ryuta Otsuka remembers waving a 10,000-yen note to hail a taxi after evenings sipping champagne at high-end Tokyo nightclubs.

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American Marconi Wireless News - Economy (English)