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Featured

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.

Slowing US job growth poses midterms challenge for Trump

The United States posted weaker-than-expected job growth in June as new data showed the labor market is facing headwinds ahead of testing midterm elections for President Donald Trump's Republicans.

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French deficit worsens to 'very rare' level

France's budget deficit overshot forecasts in 2023, official figures showed Tuesday, undermining President Emmanuel Macron's pledge to bring national finances back on track within the next four years.

Spain takes stake in Telefonica after Saudi deal concerns

Spain's government has acquired a three-percent stake in telecoms giant Telefonica following concerns over a Saudi firm taking a piece of a company that Madrid considers strategically important.

China says issued 'strong' complaint over Western hacking claims

China said it had issued a "strong" rebuke to the United States on Tuesday after Washington and two key allies accused Beijing of being behind a series of hacks into lawmakers and key democratic institutions.

Plunging births push Japanese diaper maker to switch to adult market

Japan's plummeting birth rate has led a diaper manufacturer to stop making them for babies at home and instead ramp up production for adults, the company said Tuesday.

Asian markets mixed as traders weigh US rate outlook

Asian stocks were mixed Tuesday as traders weighed the outlook for US interest rates ahead of the release of a key inflation reading.

Swiss chocolatiers bank on the Easter bunny as cocoa costs soar

Swiss chocolatiers have a battle on their hands as Easter rolls around, with surging cocoa prices sending their costs soaring and consumers cutting back as inflation hits their pockets.

Asian markets fluctuate as traders weigh US rate outlook

Asian stocks swung through the morning session Tuesday as traders weighed the outlook for US interest rates ahead of the release of a key inflation reading.

Ousted WeWork co-founder bids to buy company: reports

Ousted WeWork co-founder Adam Neumann recently bid more than $500 million to buy back the struggling office-sharing group, according to media reports Monday.

Senegal presidency winner says he is 'break' from establishment

Anti-establishment candidate Bassirou Diomaye Faye said Monday that Senegal's people had chosen to "break" with the current political system as he was set to become the youngest president in the country's history.

Geopolitical tensions boost oil prices on mixed day for global equities

Global stocks were mixed Monday, while oil prices advanced as escalations between Moscow and Ukraine raised questions over Russian oil production.

Deutsche Bahn and train drivers reach deal in wage dispute

Germany's Deutsche Bahn rail operator and the GDL train drivers' union have reached a deal in a wage dispute that has caused months of crippling strikes in the country, the union said on Monday.

Iraq Central Bank says regulated dollar transactions rising

Iraq, fighting a booming currency black market, has considerably increased overseas dollar transactions through the official global SWIFT system, the Central Bank vice governor said on Monday.

Geopolitical tensions boost oil, weigh on equities

Geopolitical tensions sent oil prices climbing and weighed on equities on Monday as investors also continued to worry about prospects for interest rate cuts amid stubbornly-high inflation.

Boeing CEO to exit as safety concerns mount

Boeing announced Monday a leadership shakeup headlined by the departure of CEO Dave Calhoun as the aviation giant faces heavy scrutiny following safety incidents and manufacturing issues.

Brazil's Indigenous people turn to EU to save their savanna

An EU law banning deforestation-derived products comes into effect at the end of 2024, but for Brazilian Indigenous people it contains an unbearable loophole: the Cerrado, Brazil's vast wooded savanna, is excluded from its scope.

UK court set to issue Julian Assange extradition ruling

WikiLeaks founder Julian Assange will find out Tuesday whether he can mount a final UK legal bid to challenge his extradition from Britain to the United States, court listings showed.

Senegal anti-establishment candidate wins presidency after rival concedes

Senegal's anti-establishment candidate Bassirou Diomaye Faye is set to become president after his main rival on Monday recognised his victory in elections that came barely days after he was freed from prison.

UK PM Sunak promises action against Chinese cyberattacks

Prime Minister Rishi Sunak said on Monday the UK would do what was necessary to protect itself from a cyberattack by China, as Beijing-linked hackers were expected to be accused of recent security breaches.

Sales of new US homes edge down unexpectedly in February

US new home sales ticked down surprisingly in February, according to government data released Monday, after January's rate was revised higher.

Spain not a racist country, says Carvajal before Brazil friendly

Spain defender Dani Carvajal said Monday his country was not racist ahead of a friendly against Brazil arranged to support the fight against racism.

Boeing CEO to step down as safety concerns mount

Boeing announced Monday a leadership shakeup headlined by the departure of CEO Dave Calhoun as the aviation giant faces heavy scrutiny following safety incidents and manufacturing issues.

Hong Kong's popular Octopus card expands to mainland China

Hong Kong's popular Octopus tap-and-go card will be accepted on public transport in more than 336 mainland Chinese cities from Tuesday, the e-payment company has announced.

Trump faces double legal dramas in New York

Donald Trump faces twin legal crises on Monday in New York, where he could see the possible seizure of his storied properties over a massive fine as he separately fights to delay a criminal trial even further.

Troubled Boeing announces CEO Dave Calhoun to step down

Boeing announced Monday that CEO Dave Calhoun would leave his post as the aviation giant faces increased scrutiny after a series of safety incidents and manufacturing issues.

Stock markets drop as geopolitics, inflation concerns weigh

Leading European and Asian stock markets retreated Monday, as recent record heights gave way to concern over increased geopolitical tensions and stubbornly-high inflation according to traders.

Asian markets drop as key US inflation data looms

Asian markets mostly fell on Monday as investors set their sights on the release of key US inflation data due at the end of the week.

Asian markets mixed as key US inflation data looms

Asian markets were mixed on Monday as investors set their sights on the release of key US inflation data due at the end of the week.

London still awaits Olympic's promised 'affordable' housing

More than a decade after London hosted the Olympic Games, cranes are still everywhere in and around the Olympic Park in Stratford, where an array of buildings are under construction.

Senegal anti-establishment candidate closes in on presidential victory

Senegal's anti-establishment candidate Bassirou Diomaye Faye appeared late Sunday to be closing in on a first-round victory in a presidential poll that follows several years of unrest and a political crisis.

Brazil police arrest 'masterminds' of Rio councilmember's 2018 murder

Brazilian police on Sunday arrested three current and former officials who allegedly masterminded the 2018 assassination of Rio de Janeiro city councilor Marielle Franco.

Vote count underway in Senegal's presidential poll

Vote counting got underway Sunday in Senegal's presidential election pitching continuity against radical change following several years of unrest and a political crisis.

Vote count begins in Senegal's wide-open presidential poll

Senegal began counting votes in Sunday’s presidential election as the two main rivals said they were confident of winning a poll that followed several years of unrest and a political crisis.

Arizona Tribune - Economy (English)