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Mixed US auto sales in 2nd quarter amid high gas prices

Automakers reported a mixed batch of second-quarter US sales on Wednesday, revealing continued demand for trucks and large models despite rising gasoline prices due to the US-Iran war.

US Fed chair says committed to combatting 'too high' prices

US Federal Reserve Chair Kevin Warsh said Wednesday the central bank was committed to fighting "too high" prices, as inflation fuelled by the US war on Iran surges through the world's largest economy.

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West Bank Palestinians 'exhausted' by omnipresent Israeli surveillance

Rotating cameras planted on a rooftop terrace "follow our every move", said Hebron resident Umm Nasser, protesting intensified Israeli surveillance of her occupied West Bank city since the start of the Gaza war.

BP bags bumper 2023 profits, rewards investors

British energy giant BP logged multi-billion-dollar annual profits Tuesday despite lower oil prices and following boardroom turmoil, sending its share price rallying thanks also to more big payouts to investors.

Hong Kong, Shanghai stocks surge on China help

Hong Kong and Shanghai stock markets surged Tuesday after Chinese authorities pledged to help reverse a long-running rout, while Europe mostly gained as investors tracked company earnings.

Hong Kong, Shanghai surge on China hope but mixed day for markets

Hong Kong and Shanghai stocks rallied Tuesday after Chinese authorities pledged to boost their investment as part of a drive to staunch a long-running rout, though other Asian and European markets were mixed following a drop on Wall Street.

Influencer, widow among few Pakistan women standing in elections

Almost 6,500 candidates from 150 parties will stand in Pakistan's election this week but only around five percent of them are women.

Nintendo lifts net profit forecast on weak yen, steady Switch sales

Game giant Nintendo raised its annual net profit forecast on Tuesday, saying the weak yen and steady sales of the Switch console, now in its seventh year, would boost earnings.

UBS to reward shareholders as Credit Suisse-linked losses narrow

Swiss banking giant UBS said Tuesday it would hand shareholders up to $1 billion in share buybacks as it posted a smaller-than-expected quarterly loss stemming from the costs of absorbing fallen rival Credit Suisse.

Gaza girl, 6, missing along with rescuers after car comes under fire

The last time six-year-old Hind Rajab was heard from, she was surrounded by dead relatives and trapped in the family's car after it came under fire in war-ravaged Gaza City.

'Missing' girls: selective abortion in Albania fuels gender gap

When Lina discovered she was pregnant with another girl, she decided to terminate the pregnancy, after her husband grew increasingly violent over the prospect of having a fourth daughter instead of a boy.

Hong Kong, Shanghai rally on China pledges but Asia markets mixed

Hong Kong and Shanghai stocks rallied Tuesday after Chinese authorities pledged to boost their investment as part of a drive to staunch a long-running rout, though Asian markets were mixed following a drop on Wall Street.

India's tigers climb high as climate, human pressure rises

Tigers in India have been photographed in high-altitude mountains rarely seen before, with experts suggesting relentless human pressure and a heating climate are driving them from traditional hunting grounds.

Toyota raises annual net profit forecast as chip shortage eases

Japan's Toyota raised its annual net profit forecast to a record high on Tuesday and reported strong sales in all regions in the first three quarters as the global semiconductor shortage eases.

UBS to spell out growth plan after Credit Suisse takeover

Swiss banking giant UBS will on Tuesday report its first full-year results since swallowing rival Credit Suisse, with investors keen for details on a US-centred growth strategy hinted at by the mega-bank.

Markets mixed after Wall St losses, Shanghai and Hong Kong rally

Asian markets were mixed Tuesday following a drop on Wall Street, though Shanghai and Hong Kong were lifted by a pledge by authorities to boost investment in a range of stocks as they look to staunch a long-running rout.

Turkmenistan faces 'parallel reality' media landscape

"We know about Facebook, Instagram and YouTube. But we can't access them -- everything here is blocked," said Byashim Ishanguliyev, a fruit seller in the Turkmen capital of Ashgabat.

Canada ice fishing season gets off to late start due to warm weather

On a frozen river in Canada, a cluster of brightly coloured cabins stand out against the white snow as vehicles crawl to and fro.

Global stocks sink as optimism dims over early rate cuts

Global stock markets mostly fell Monday after comments by Federal Reserve boss Jerome Powell doused flickering hopes that US interest rate cuts could still begin in March.

Stocks stuck in mud as early rate cut hopes fade

Global stocks were stuck in the mud on Monday following comments by Federal Reserve boss Jerome Powell which shattered any remaining hopes for a March interest rate reduction.

Snap lets go ten percent of staff

Social media company Snap, which runs the youth-focused Snapchat platform, on Monday said it was laying off about ten percent of its staff, joining a wave of job cuts in the tech sector.

Rapper Killer Mike arrested at Grammys after triple win

US rapper Killer Mike was arrested for misdemeanor battery at the Grammy Awards, police said Monday, after winning all three categories he was nominated for.

Stocks drift lower as early rate cut hopes fade

Global stocks mostly fell on Monday following comments by Federal Reserve boss Jerome Powell which shattered any remaining hopes for a March interest rate reduction.

UK trial opens into bitcoin 'inventor' claims

The trial of Craig Wright began in London on Monday, seeking to determine whether the Australian computer scientist invented bitcoin, the world's most popular cryptocurrency.

Europe stocks rise despite blockbuster US jobs data

Europe's stock markets rose Monday as investors continued to shrug off red-hot US jobs data and comments by Federal Reserve boss Jerome Powell which shattered any remaining hopes for a March interest rate reduction.

OECD ups world growth forecast but sees Middle East 'risk'

The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk, with disruptions in Red Sea shipping threatening to increase consumer prices.

Turkey's January inflation piles pressure on central bank

Turkey's annual inflation rate stayed stable in January at nearly 65 percent, but month-on-month consumer price increases jumped sharply following a huge minimum wage hike, official data showed Monday.

Asia markets mixed as blockbuster US jobs batter rate cut hopes

Asian markets were mixed Monday after a forecast-busting US jobs report and comments by Federal Reserve boss Jerome Powell shattered any remaining hopes for a March interest rate cut.

S. Korean court acquits Samsung chief over 2015 merger case: Yonhap

A South Korean court on Monday acquitted Samsung Electronics chief Lee Jae-yong of a raft of crimes linked to a controversial 2015 merger, the Yonhap news agency reported.

Taylor Swift: music's record-breaking, money-raking, headline-making deity

Her name is ubiquitous, her output prolific, her tour a golden goose, her every move a headline. And nearly two decades into her career, her star simply keeps rising.

Key winners for the 2024 Grammy Awards

Here is a list of winners in the major categories for the 66th annual Grammy Awards, which were handed out on Sunday in Los Angeles.

Taylor Swift wins record fourth best album Grammy at star-studded gala

Taylor Swift made Grammys history Sunday by winning her fourth Album of the Year prize, the most of any artist -- the crowning moment of a night of electric performances and breakthrough wins.

Victoria Monet wins Grammy for Best New Artist

Victoria Monet on Sunday won the coveted Best New Artist Grammy, beating an eclectic field including Bronx rapper Ice Spice to earn the honor.

'Suspense' of slowest horse race wins new fans in Japan

Speed isn't everything at one racecourse in Japan, where the unpredictable stop-and-start drama of the world's slowest horse race has drawn new fans eager to bet on their sturdy favourite.

Arizona Tribune - Economy (English)