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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

Everton, Nottingham Forest admit financial breaches

Everton and Nottingham Forest have been referred to an independent commission by the Premier League on Monday after admitting to breaches of financial rules.

EU debates 2040 milestone towards carbon-neutral future

The EU plans to be carbon neutral by 2050, but to get there it needs to pass two decadal milestones -- each implying massive adaptation by industry and consumers.

German economy shrank in 2023 on energy, export woes

The German economy shrank slightly in 2023, official data showed Monday, as costly energy, high interest rates and cooling foreign demand took their toll on Europe's export giant.

China 2023 economic growth tipped to be weakest in decades

China's economy likely grew at its weakest annual rate for more than three decades in 2023, data is expected to show Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global uncertainties.

World's richest five men double fortune since 2020: Oxfam

The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam said on Monday, as it called on nations to resist the ultra-rich's influence over tax policy.

22 miners killed in Tanzania landslide

Twenty-two people have lost their lives following a landslide at a mine in northern Tanzania, officials said on Sunday.

Five die trying to cross Channel to UK in freezing cold

Five migrants died and a sixth was in critical condition on Sunday after trying to reach Britain from northern France in freezing temperatures, the French maritime authority said.

Fresh strikes target Yemen rebels over Red Sea threat

Fresh strikes targeted Yemen's Huthis on Saturday, security sources and the US military said, after the Iran-backed rebels warned of further attacks on Red Sea shipping.

Fresh strikes against Yemen rebels over Red Sea threat

Fresh strikes targeted Yemen's Huthis on Saturday, security sources and the US military said, after the Iran-backed rebels warned of further attacks on Red Sea shipping.

Biden administration accuses Texas of blocking patrols access to US-Mexico border

The administration of Democratic US President Joe Biden on Friday accused Republican Texas Governor Greg Abbott of preventing the federal border patrol from carrying out its mission by blocking its access to a key sector of the border with Mexico.

Oil prices rise on Red Sea escalation

Oil prices climbed Friday after US and UK forces launched strikes against Iran-backed Huthi rebels, while global stocks were mixed following the kickoff of corporate earnings season.

At CES, gadgets to make everyday life easier

Technology is often designed to lighten the load from the everyday - and brushing your teeth or using the toilet are no exception.

Wearable tech aiming to level up life: CES highlights

Turning on the TV with a wink, skiing on a city street -- the once unimaginable was possible this week at CES, the annual Consumer Electronics Show in Las Vegas, thanks to wearable tech innovations.

Women's health on show, a little, at CES

Among the more than 3,500 booths at the Consumer Electronics Show (CES) in Las Vegas, only a few focus exclusively on women's health, including a cervical cancer screening device and a wristband to anticipate hot flushes.

US banks report mixed results, see consumers as still fairly healthy

Large US banks reported mixed results Friday, dented by exceptional costs connected to job cuts and to replenishing a federal fund tapped during last year's crisis involving midsized lenders.

Yemen rebels say US, UK interests 'legitimate targets' after strikes

Yemen's Iran-backed Huthis said Friday that US and British interests were "legitimate targets" after they launched deadly strikes against the rebels following weeks of disruptive attacks on Red Sea shipping.

Lazio hit with stand closure after monkey chants at Lukaku

Lazio have been hit with a one-match stand closure after supporters directed monkey chants at Romelu Lukaku during their team's midweek Italian Cup win over local rivals Roma, Serie A said on Friday.

Oil prices surge on Red Sea escalation

Oil prices surged four percent on Friday after US and UK forces launched strikes against Iran-backed Huthi rebels following their attacks on ships in the Red Sea, fuelling worries about a wider conflict in the crude-rich region.

China exports fall in 2023 for first time in seven years

China's exports fell last year for the first time in seven years, data showed Friday, as tensions with the United States and a stuttering global economic recovery compound Beijing's struggles to kickstart growth at home.

China, Russia trade soared in 2023 as commerce with US sank

Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday, as commerce with the United States fell for the first time in four years on the back of geopolitical tensions.

Oil rallies as US, UK strike Huthis, stocks mixed after US CPI

Oil prices surged Friday after US and UK forces launched strikes against Iran-backed Huthi rebels in Yemen following attacks on ships in the Red Sea, fuelling worries about a wider conflict in the crude-rich region.

E-bike craze in high gear at CES gadget fest

Electric bicycle makers at CES touted slick features like ChatGPT as they rode a trend of people wanting to enjoy a breeze in their face without sweat on their brow.

Lisa Marie Presley's autobiography to be published posthumously

A posthumous autobiography of Lisa Marie Presley, the only child of US rock 'n' roll legend Elvis Presley, will be released in October, her daughter and publishers announced Thursday, almost a year to the day after her death.

US stocks shrug off inflation data, Nikkei ends at peak since 1990

Wall Street stocks largely shrugged off a disappointing US inflation report Thursday, while Japan's Nikkei finished above 35,000 for the first time since 1990.

2023 inflation tops 211 percent in economic crisis-torn Argentina

Argentina's annual inflation surged beyond 200 percent in 2023, the statistics agency said Thursday, as the country grapples with an economic crisis new President Javier Milei has vowed to address by slashing state spending.

Polish populists rally against govt reforms as president pardons ex-MPs

Tens of thousands of people took to the streets of Warsaw Thursday to protest reforms by the pro-EU Polish government as the country suffers post-election turmoil.

At CES, tech for sleep, not late night scrolling

Technology causes us to lose sleep, but can it also give it back?

Airbus says record 2,094 planes ordered in 2023, 735 delivered

European planemaker Airbus said Thursday that it secured 2,094 net plane orders last year, a record for the group as airlines prepare for further global passenger growth and seek out more fuel-efficient planes.

Hertz to shrink EV rental fleet over sluggish US demand

Hertz said Thursday it will sell one-third of its electric vehicle (EV) automobiles to resize its fleet in line with slowing demand growth for emission-free transport.

US inflation picks up on bumpy path to cool price gains

Consumer inflation in the United States rose more than anticipated in December, government data showed Thursday, with President Joe Biden conceding he must do more to tackle high prices.

Strong US inflation dampens stock market enthusiasm

Stock markets in Europe retreated from their highs after a cautious open on Wall Street as US consumer inflation data came in stronger than expected, denting hopes that policymakers will cut interest rates anytime soon.

India's TCS, Infosys see revenue dips on client spending cuts

Indian IT giants TCS and Infosys both signalled weak revenue growth in quarterly results Thursday as a client spending slowdown deepened a seasonally weak time for the sector.

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American Marconi Wireless News - Economy (English)