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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

Boeing CEO: Alaska Airlines incident 'our mistake,' vows transparency

Boeing Chief Executive Dave Calhoun took responsibility for a near-catastrophic Alaska Airlines incident Tuesday, vowing "complete transparency" as the aviation giant tries to pivot from its latest crisis.

US lawmaker calls for probe of UAE tech firm over China ties

A key US lawmaker has called on Washington to mull trade curbs on Emirati artificial intelligence firm Group 42 Holdings (G42) over its ties with China, according to a letter released Tuesday.

Honda unveils futuristic EV designs to hit US market in 2026

Honda unveiled Tuesday a new electric vehicle series to launch commercially in 2026, revealing a futuristic concept car at the Consumer Electronics Show in Las Vegas.

Spain politicians bicker as plastic 'nurdle' spill swamps beaches

Dozens of volunteers used strainers to sift sand at beaches in northwestern Spain on Tuesday to collect millions of tiny plastic pellets that have washed up in recent days, endangering wildlife.

New US labor rule may help gig workers qualify as employees

A rule issued Tuesday by the US Labor Department making it tougher for companies to classify workers as "independent contractors" could take a toll on the gig economy -- and is likely to face challenges.

Stocks retreat as rebound loses legs

US and European stocks markets pulled back Tuesday as a rebound at the start of the week lost steam amid investor worries about the outlook for companies and economies.

Former Bhutan PM wins elections overshadowed by economic strife

Former prime minister Tshering Tobgay's party won Bhutan's election Tuesday, media reported, after polls dominated by economic threats challenging the Himalayan kingdom's longstanding policy of prioritising "Gross National Happiness" over growth.

US trade deficit narrows unexpectedly in November

The US trade gap narrowed in November as imports and exports both fell while higher interest rates bite, the government reported Tuesday.

Bhutan counts votes as economic strife hits 'national happiness'

Bhutanese election officials counted votes Tuesday after polls dominated by serious economic challenges that call into question the Himalayan kingdom's longstanding policy of prioritising "Gross National Happiness" over growth.

Asian markets track Wall St rally, Tokyo hits three-decade high

Asian markets enjoyed a much-needed bounce Tuesday after a dour start to the year, with Tokyo notching a three-decade high as traders tracked a rally on Wall Street.

United, Alaska Airlines report loose hardware on 737 MAX planes

United and Alaska Airlines both reported on Monday that loose hardware had been discovered on some of their Boeing 737 MAX 9 planes during preliminary inspections after a dramatic mid-flight incident last week.

Budget-crunched Cuba to hike fuel prices over 500 percent

Cuba's cash-strapped government announced Monday that fuel prices will soar by more than 500 percent beginning February 1, part of a series of economic measures aimed at reducing the deficit.

Asian markets enjoy healthy bounce after Wall St rally

Asian markets enjoyed a much-needed bounce Tuesday after a dour start to the year, with traders tracking a rally on Wall Street fuelled by bargain-buying and a surge into sold-off tech giants.

Migrants resume caravan march in Mexico, say misled by officials

A caravan in Mexico of at least 1,000 migrants resumed its march northward towards the US border on Monday, accusing Mexican authorities of failing to fulfill their promise of granting humanitarian visas.

JPR Williams -- Wales' flamboyant rugby legend turned surgeon

John Peter Rhys Williams -- who died aged 74 on Monday -- was one of Wales' most celebrated players during his country's 1970s golden era.

Wales and British Lions legend Williams dies aged 74

Wales and British and Irish Lions rugby legend JPR Williams has died at the age of 74, his former club Bridgend announced on Monday.

At CES, tech knows if you're sick and rocks babies

CES, the annual high tech gadget extravaganza in Las Vegas, again delivers its wave of new inventions and cutting edge technology with artificial intelligence this year's unavoidable buzzword.

Golf legend Tiger Woods says Nike partnership ending

Tiger Woods announced Monday that he was ending a longstanding partnership with Nike, thanking the sports brand in a social media post that alluded to "another" unspecified chapter.

Oil prices slump but stock markets mostly higher

Oil prices on Monday slumped on oversupply concerns while stock markets largely rose despite dampened hopes of an early cut to US interest rates.

iPhone survives 16,000-foot fall from Alaska Airlines flight

Now that's what you call airplane mode -- an iPhone that plummeted 16,000 feet (5,000 meters) from an Alaska Airlines flight landed without a single crack in the screen and even a battery still half-charged.

Oil prices slump but stock markets largely steady

Oil prices prices slumped Monday on oversupply concerns while stock markets held largely steady despite dampened hopes of an early cut to US interest rates.

Rolls-Royce delivers record number of cars in 2023

Rolls-Royce Motor Cars delivered a record number of luxury vehicles last year when clients also began taking possession of its first all-electric Spectre model, the German-owned brand said Monday.

EU approves 900-mn-euro German aid for battery plant

The EU approved Monday a 900-million-euro German state subsidy for electric vehicle battery firm Northvolt to build a plant in Germany that might have otherwise been lured to the United States.

Israeli arts school battles for normality in wartime

Students rush from class to the anti-missile shelter at the High School of the Jerusalem Academy of Music and Dance, an early-morning exercise that has become a ritual during the Gaza war.

Markets drop as US jobs deal fresh blow to early rate cut hopes

Asian markets stumbled out of the gates Monday, extending last week's grim start to the year, after a forecast-busting US jobs report further dampened hopes for an early interest rate cut.

'Suddenly I felt like myself': the long process to change gender in the UK

Transgender identity has become part of the ideological "culture wars", but Anna Drew, a 22-year-old British woman, just wants to be better understood, six years after she began her gender transition.

Vinfast plans first EV factory in India

Vietnamese carmaker VinFast said it will build its first electric vehicle factory in India as part of a planned $2 billion investment, as it looks to expand into the rapidly growing market.

After strong holiday, 'Wonka' again rules N.America box office

Musical fantasy "Wonka" hung on atop the North American box office this weekend, taking in an estimated $14.4 million as Hollywood hoped for a boost from the annual Golden Globe awards, industry analysts said Sunday.

London underground strike suspended at the last minute

A strike that threatened to grind London's underground network to a virtual halt for several days was called off at the last minute on Sunday following "positive discussions" in pay talks, the main rail union said.

Pakistan internet disrupted as opposition launches election campaign

Internet and social media services across Pakistan were severely disrupted Sunday night as the party of jailed former prime minister Imran Khan prepared to launch a massive online campaign ahead of elections next month.

Strike to halt London underground services

London's underground train network was to grind to a virtual halt for several days late Sunday due to a strike over wages.

Regulators order inspections on some Boeing MAX 9 planes after emergency

Airlines and safety bodies around the world grounded some versions of the Boeing 737 MAX 9 jets pending inspections Sunday, with dozens of flights cancelled over the weekend after a panel blew out of one of the planes over the western US state of Oregon.

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American Marconi Wireless News - Economy (English)