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Featured

Spain's General Strike Links Housing Crisis to Lost Purchasing Power

Spain experienced its first nationwide general strike in 14 years as unions protested soaring housing costs and shrinking purchasing power. Transport and traffic were disrupted in several large cities, although unions and employer groups offered sharply different estimates of participation.

Euro-Area Inflation Reaches 4% as Energy Prices Jump

Euro-area annual inflation rose to an estimated 4% in October, with energy prices increasing 20.8% from a year earlier. Services inflation reached 3.3%, while food, alcohol and tobacco prices increased 1.6% and non-energy goods rose 1.2%.

Last news

Nine trapped in Turkish gold mine landslide

Hundreds of Turkish rescuers on Tuesday searched through a cyanide-laced field for nine gold mine workers who were swallowed by a massive landslide that rolled over their open pit.

Young Senegalese want to vote no matter what

Street vendor Mohamed Al Amine Toure, 23, is devastated over the delay of Senegal's presidential election. He had been all geared up to go out and vote.

Body Shop's UK business slides into bankruptcy

The UK arm of The Body Shop, the near 50-year-old cosmetics company renowned for ethical hair and skin products, has entered bankruptcy, administrators said Tuesday, placing thousands of jobs at risk.

From tourism to energy, Senegal economy braces for fallout

Senegal's hotels have seen a wave of cancellations since political unrest hit the West African country and many foreign companies are nervous about the deadly troubles.

Stocks drop on sticky US inflation

Stocks in the United States and Europe slumped on Tuesday while the dollar climbed as data showed that US inflation slowed less than expected in January, diminishing chances of an early interest rate cut.

Valentine's Day strike misery for UK lovers

Britain's couples could struggle for Valentine's Day gifts and meals after Amazon staff went on strike over pay Tuesday -- and will soon be joined by takeaway delivery drivers, organisers said.

Body Shop's UK arm falls into administration: statement

US Senate passes Ukraine aid bill, House likely to reject it

The US Senate on Tuesday approved long-delayed funding for Ukraine's war effort, part of a foreign aid package that right-wing House Speaker Mike Johnson has indicated his Republican-led chamber will reject.

European stock markets drop tracking data

Europe's main stock markets declined in morning trade Tuesday as investors tracked unemployment numbers and looked ahead to US inflation data due later in the session.

Far right could exploit EU's economic slump to win big in June vote

Soaring food costs, economic stagnation and deteriorating living standards risk pushing voters into the far right's arms in European elections later this year, which could shake up the political agenda in Brussels.

Tory Burch wants to make 'everyday sublime' at New York Fashion Week

Striding down the runway to music from The Cure and Joy Division on Monday, models at New York Fashion Week paraded skirts inspired by lampshades -- US designer Tory Burch's celebration of making "the everyday sublime".

Istanbul mosques convert working class faithful to sport

The afternoon prayers have ended in the working-class Istanbul mosque and the silver-haired men turn their gaze from the imam to the sport instructor in a white polo shirt.

Asian markets mixed as traders return, eyes on US data

Asian markets were mixed Tuesday after another record high on Wall Street, with attention on key US inflation data due later in the day, while bitcoin broke $50,000 for the first time in more than two years.

Paris Olympics set for gold medal in luxury promotion

From the podium to athletes' wardrobes, French luxury goods giant LVMH is planning to put high-end Gallic chic at the heart of the Paris Olympics, underlining how sport has become a promotional platform for even the most exclusive brands.

Bitcoin breaks $50,000 for first time since 2021

Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand.

Asian markets rise as traders return, eyes on US data

Asian markets rose Tuesday after another record high on Wall Street, with all attention on the release of key US inflation data due later in the day.

Big trade deals likely elusive at WTO meet in Abu Dhabi

The world's trade ministers could put the final touches to a historic fisheries deal when they meet in Abu Dhabi later this month, but other landmark agreements will likely prove more elusive.

Power cuts in Syrian capital drive workers, students to cafes

Majida has been working from a central Damascus cafe almost every day for a year, depending on it for reliable electricity and wifi in a country plagued by debilitating power cuts.

Biden on TikTok: 'lol' or national security worry?

US President Joe Biden's debut on TikTok has caused a stir -- not least because the Chinese-owned social media platform is still officially considered a security risk by Washington.

Global stocks mixed ahead of inflation data

The Dow climbed to a fresh record Monday on a mixed day for global equities as markets awaited an influential US inflation report.

US, European stocks advance ahead of inflation data

US stocks pushed further into record territory on Monday as investors awaited US inflation data and other major economic releases due this week.

Gunman kills three at Greek shipping company

A former employee of a Greek shipping company shot dead three people including its owner before killing himself on Monday in a coastal suburb of Athens, police said.

US cautious ahead of inflation data, European stocks advance

US stocks dipped on Monday while European equities mostly rose as investors awaited US inflation data and other major economic releases due this week.

IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping though the Red Sea pose threats to the global economy.

European stocks mostly rise as earnings give way to data

European stock markets mostly gained Monday after holiday-thinned trade in Asia, as investors awaited US inflation data and other major economic releases due this week.

Safety worries for Paris balconies ahead of Olympics

Real estate experts in Paris have warned about the danger of people cramming on to balconies around the city to catch a glimpse of the Olympics in July and August this year.

'The New Look' explores dark origins of French fashion

The fashion world makes for eye-catching TV, but the makers of "The New Look", about the origins of Dior and Chanel, show there were dark moral challenges behind the glossy facade.

No longer invisible, Greek same-sex couples await landmark law

For as long as he can remember, 16-year-old Yannis Belia has had a "second mother" invisible in the eyes of Greek family law.

'Everyone jumping, everyone happy': Rio celebrates carnival

Glittering with sequins and sweat, thousands of performers shimmying to sultry samba beats danced their way down an avenue in Rio de Janeiro Sunday as the Brazilian beach city's famed carnival parades got under way.

Polluted paradise: Chile town waits for cleanup as coal shuts off

With its emerald green waters and white sands, the small town of Mejillones in northern Chile looks deceptively like a typical seaside resort.

Professional coaches help Americans navigate Dating 2.0

When a long-term relationship came to an unhappy end, 43-year-old Katia suddenly found herself in "uncharted waters" as she struggled to deal with a baffling array of dating apps and the confusing -- and mostly unwritten -- set of rules governing modern dating behavior.

Olympic venue sparks regeneration hopes for Paris drug hotspot

The only new permanent sports venue built in inner Paris for the Olympics this year opened its doors Sunday in an area of the capital hoping to shed its reputation for crack-dealing and crime.

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American Marconi Wireless News - Economy (English)