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Featured

Asian markets rise as beaten tech stocks enjoy respite from selling

Asian stocks rose Friday as tech firms enjoyed a much-needed reprieve from the heavy selling of recent weeks, with a big miss on US jobs creation soothing worries over a Federal Reserve interest rate hike.

Tesla global auto sales jump 25% in 2nd quarter, beating expectations

Tesla reported a jump in second-quarter auto sales Thursday, as Elon Musk's electric vehicle company easily topped expectations in a period of lofty gasoline prices due to the US-Iran war.

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US private sector hiring picks up again in March

US private sector hiring came in well above expectations last month, payroll firm ADP said Wednesday, with construction, financial services and manufacturing all contributing to the increase.

Turks left scrimping after inflation stokes rebuke to Erdogan

As the euphoria of a municipal election drubbing for President Recep Tayyip Erdogan ebbs, Turks are left watching their wallets with inflation that has sapped the longtime leader's appeal driving up costs for everyday basics.

Eurozone inflation falls faster than expected in March

The eurozone's annual rate of inflation dipped further than predicted in March, official data showed Wednesday, spurring hope that the European Central Bank will cut interest rates in June.

German family businesses desperately seeking buyers

The Scharringhausen deli has been selling fine foods and wines in northern Germany for 160 years, but its future is in doubt as it struggles to find a buyer to take over the business.

Malnutrition threatens future Afghan generations

Roya carefully spoon-feeds her daughter fortified milk in a ward for malnourished children, praying the tiny infant will avoid a condition that stalks one in ten young children in Afghanistan after decades of conflict.

Asian markets hit by dimming US rate hopes, Taiwan quake

Asian markets tumbled Wednesday as investors grow increasingly sceptical that the Federal Reserve will cut interest rates as much as hoped this year, while a massive earthquake in Taiwan added to the sense of gloom.

'Rock bottom': Colombia's Medellin acts against sex tourism

The mayor of the Colombian city of Medellin has issued two decrees in a bid to crack down on sex tourism, after an American traveler was found with two underage girls in his hotel room.

US Fed official predicts higher long-term interest rates

A senior Federal Reserve official confirmed Tuesday that she recently raised her prediction for interest rates over the longer term due to the enduring strength of the US economy.

Heathrow exec appointed new head of Britain's Royal Mail

Logistics and mail group International Distributions Services on Tuesday said it had appointed Emma Gilthorpe as chief executive of its subsidiary Royal Mail.

Tesla Q1 auto deliveries fall 8.5 pct, shares drop sharply

Tesla reported an 8.5 percent drop in first-quarter auto deliveries, missing estimates from leading analysts and weighing on shares.

Gold hits record peak, oil rises on geopolitical tensions

Gold prices nailed another historic peak Tuesday and oil extended gains over rising tensions in the Middle East, while stocks wilted as traders worried whether the rally has run its course.

Superdry shares plummet as CEO rules out takeover

Shares in troubled British clothing brand Superdry dived Tuesday after its chief executive ruled out a takeover of the troubled company.

Brown bear numbers grow in Pyrenees: France

The population of brown bears in the Pyrenees mountains, which had been threatened with extinction, keeps growing, French authorities said Tuesday.

Indonesia buys two submarines from France's Naval Group

Indonesia has ordered two Scorpene-class attack submarines from France's Naval Group as part of a defence cooperation agreement signed with Paris in 2021, the company said Tuesday.

The Libertines recall their happiest and darkest days in Paris

There were many times when the idea of an album by The Libertines in 2024 would have seemed an impossible proposition, and yet here they are -- and only a little late.

Israeli who lost parents on October 7 has message of peace

Israeli businessman Maoz Inon lost both his parents to the October 7 attacks by Hamas but while some bereaved have been baying for vengeance the 49-year-old has been preaching peace.

First vessel passes channel opened to aid Baltimore bridge cleanup

A tugboat pushing a fuel barge became the first vessel to sail through a temporary channel opened beside the collapsed Francis Scott Key Bridge in Baltimore harbor, authorities overseeing the cleanup operation said late Monday.

Thai senate debates same-sex marriage bill

The Thai senate on Tuesday debated a bill to legalise same-sex marriage, as the kingdom moves towards becoming the first Southeast Asian country to recognise marriage equality.

Japan health supplements tied to 157 hospitalisations

Japanese dietary supplements at the centre of an expanding health scare have now been linked to at least 157 hospitalisations, a health ministry official said Tuesday.

Hong Kong rally leads Asian markets, traders assess Fed rate plans

Hong Kong led most Asian markets higher Tuesday as traders returned from an extended weekend break to forecast-beating Chinese factory data that lifted hopes for the world's number-two economy.

Thailand same-sex marriage bill moves to senate

The Thai senate will on Tuesday debate a bill to legalise same-sex marriage, as the kingdom moves towards becoming the first Southeast Asian country to recognise marriage equality.

Will Musk help Trump with cash, not just tweets?

Elon Musk, one of the world's richest people, says he won't directly back Joe Biden or Donald Trump in the US election -- but one look at his X feed makes clear his heart is with the Republican.

Swan song for General Electric as it completes demerger

The US conglomerate General Electric, co-founded more than 130 years ago by Thomas Edison, is opening a new chapter in its history on Tuesday: its break-up into three independent entities which will then concentrate on their disparate core businesses.

I'm lovin' it: California fast food workers hail pay hike

Fast food workers in California on Monday hailed a pay raise that takes their minimum wage to $20 an hour, even as firms warned of likely price increases in an already expensive state.

Thailand's same-sex marriage bill moves to senate

The Thai senate will Tuesday debate a bill to legalise same-sex marriage, as the kingdom moves towards becoming the first Southeast Asian country to recognise marriage equality.

US stocks hit by latest inflation data; gold prices jump

Wall Street stocks mostly fell Monday after fresh inflation data raised questions about US monetary policy, while gold prices shot to a fresh record.

California fast food workers get $20 hourly minimum

The minimum wage for many fast food workers in California rose to $20 per hour on Monday, sparking joy for employees but warnings of likely price increases in the state which already faces a high cost of living.

Opposition defeat of Erdogan redraws Turkey's political map

Turkish opposition candidates and voters on Monday celebrated inflicting a stinging defeat on President Recep Tayyip Erdogan's party in municipal elections.

Temporary channel opened in Baltimore harbor to aid bridge response

US authorities working on the Baltimore bridge collapse have opened the first of two small, temporary channels to let ships access the site of the incident.

Why a former US surgeon general is fighting big medical bills

Former US surgeon general Jerome Adams was stuck with an eye-watering medical bill of nearly $5,000 after being treated for a simple case of dehydration following an overnight stay at an Arizona hospital last January.

Formula One owners Liberty Media buy MotoGP for $4.5 bn

Formula One owners Liberty Media have agreed to buy MotoGP on Monday in a deal valued at around $4.5 billion, the American company said.

Gold hits another record high on Fed rate cut bets

Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report.

Arizona Tribune - Economy (English)