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Featured

Germany's labour market dilemma: rising unemployment despite vacancies

Graduating with a degree in biology in Germany, Julia Unkelbauer thought she had done everything right. But applying for job after job since 2024 has so far resulted only in rejections.

Over 1 million migrants apply for Spain's mass regularisation: PM

More than one million undocumented migrants in Spain have sought legal status under a scheme that has defied a wider European crackdown on irregular immigration, the government said on Tuesday, the final day for submissions.

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Napoleon letters from Russian campaign on sale as hat bags record

Eleven letters sent by Napoleon Bonaparte, including dispatches from the Kremlin, have gone on sale following the blockbuster auction of the diminutive French emperor's hat for $2.1 million.

Milei's Argentina dollarization plan has Latin American precursors

Argentine president-elect Javier Milei ran his campaign on promises to ditch the peso for the US dollar and do away with a central bank -- all in the name of subduing rampant inflation.

South Korean President Yoon kicks off three-day UK state visit

South Korean President Yoon Suk Yeol and First Lady Kim Keon Hee begin a three-day trip to the UK on Tuesday, with King Charles III hosting his first state visitors since his coronation.

OpenAI staff threaten mass exodus to join ex-CEO Altman

Hundreds of staff at OpenAI threatened to quit the leading artificial intelligence company on Monday and join Microsoft, deepening a crisis triggered by the shock sacking of CEO Sam Altman.

AI doomsayers blamed in OpenAI's undoing

OpenAI has gone from ruling the world of artificial intelligence with ChatGPT to chaos, its chief executive ousted seemingly for advancing too fast and too far with the risky technology.

Prince's ruffled shirt sells for $33,000

A silk shirt with a ruffled collar that helped define late music legend Prince's distinctive style has sold for $33,000.

OpenAI staff threaten mass exodus to join ex-CEO

Hundreds of staff at OpenAI threatened to quit the leading artificial intelligence company on Monday and join Microsoft, deepening a crisis triggered by the shock sacking of CEO Sam Altman.

Workers at Detroit's 'Big 3' ratify labor contract: union

Workers from Ford, General Motors and Stellantis ratified new contracts with hefty wage hikes, their union announced Monday, closing the books on an historic autoworkers strike at the three Detroit giants.

Milei says could take two years to tame Argentina's high inflation

President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy.

Stock markets diverge as traders eye Fed rate signal

Wall Street indices rose on Monday but European stock markets mostly fell as investors focus on whether the US Federal Reserve and other central banks are done hiking interest rates.

Hundreds of OpenAI staff threaten mass exodus to join ex-CEO

Hundreds of staff at OpenAI threatened to quit the leading artificial intelligence company on Monday and join Microsoft.

UK government prepares crunch budget with eyes on next election

Britain's Conservative government this week unveils a budget update that could determine its chances of re-election -- or the size of its defeat -- with promises to reinvigorate the economy as the party lags badly in the polls.

Messi's 2022 World Cup jerseys predicted to top $10 mln at auction

A set of six jerseys that Lionel Messi wore during Argentina's victorious 2022 World Cup run will be auctioned in December, Sotheby's announced Monday, estimating their value at more than $10 million.

Global one-day temperature spikes above 2C for first time: EU monitor

The global average temperature on Friday was more than two degrees Celsius hotter than pre-industrial levels for the first time on record, Europe's Copernicus climate monitor said Monday.

Messi's 2022 World Cup jerseys to go up for auction

A set of six jerseys that Lionel Messi wore during Argentina's victorious 2022 World Cup run will be auctioned in December, Sotheby's announced Monday, estimating their value at $10 million.

Stock markets diverge as traders eye Fed minutes

Asian and European stock markets traded mixed Monday with investors focused firmly on whether the US Federal Reserve and other central banks have reached a peak over interest-rate hikes as inflation cools.

OpenAI stands by decision to fire Sam Altman despite pressure: US media

The board of ChatGPT creator OpenAI on Sunday rejected pressure from Microsoft and other major investors to reverse its stunning decision to fire CEO Sam Altman, US media reported.

Asian markets mosty up as traders eye Fed minutes

Asian stocks mostly rose Monday following small gains on Wall Street as investors grow increasingly optimistic that the Federal Reserve has come to the end of its interest rate hiking cycle.

Asian markets mixed as traders eye Fed minutes

Asian stocks were mixed Monday following small gains on Wall Street as investors grow increasingly optimistic that the Federal Reserve has come to the end of its interest rate hiking cycle.

N.America fans show appetite for 'Hunger Games' prequel

A "Hunger Games" prequel from Lionsgate topped all other movies in North American theaters this weekend, gobbling an estimated $44 million in ticket sales, industry watcher Exhibitor Relations reported Sunday.

Napoleon's hat sells for record sum at French auction

A hat belonging to Napoleon Bonaparte when he was French emperor sold for a record of nearly two million euros at a French auction on Sunday, the auction house said.

Napoleon's hat sells for record 1.9 mn euros in French auction

A hat belonging to Napoleon Bonaparte when he was French emperor sold for a record of nearly two million euros at a French auction on Sunday, the auction house said.

Foreign firms race to open Saudi offices before deadline

A wave of ribbon-cutting ceremonies is sweeping the Saudi capital as multinationals face a January deadline to open regional headquarters in the Gulf kingdom or lose out on government contracts.

Under fire, undermanned: Israel's wartime economy soldiers on

When rocket sirens echo on the factory floor of Rav-Bariach Industries, Israel's biggest maker of security doors, workers rush to take refuge in bomb shelters fitted with their own kit.

'Big Three' auto employees ratify overhauled contracts: union source

Members of the United Auto Workers (UAW) have ratified the in-principle labor agreements promising sweeping pay increases that were reached with US car companies Ford, Stellantis and General Motors, a union source told AFP Saturday.

First French ski reports open, but only at high altitude

A few French high-altitude ski resorts opened ahead of schedule Saturday, just days after storms in the northern Alps wiped out some early snows.

The lucky ones: sick, wounded children from war-torn Gaza airlifted to UAE

Clutching a blown-up surgical glove as a makeshift toy, a Palestinian child is stretchered onto a plane to Abu Dhabi -– one of the Gaza war's first evacuees to the United Arab Emirates for urgent medical treatment.

Paris booksellers flay call to remove them for Olympics

Paris booksellers, who have operated from little dark green kiosks on the banks of the Seine for some 150 years, are incensed by plans to remove them for the opening ceremony of the 2024 Olympics.

Advertisers drop X after Musk backs anti-Semitic post

An exodus of big-name advertisers appeared under way at X, formerly Twitter, on Friday in the wake of Elon Musk endorsing an anti-Semitic conspiracy theory.

China's influence in C.America advances at a gallop

Anchored in the heart of colonial San Salvador, a towering and expansive library was inaugurated this week by President Nayib Bukele, the latest sign of China's growing influence across Central America.

News anchors targeted by deepfake scammers on Facebook

In a Facebook video viewed by thousands, CNN’s Wolf Blitzer appears to hawk a diabetes drug. In another, "CBS Mornings" host Gayle King seems to endorse weight loss products.

Social media titans caught in Gaza storm over content

Six weeks after the eruption of the war in Gaza with the attack by Hamas on Israel, social media platforms are still caught in the maelstrom, struggling to control content and withstand user fury.

Arizona Tribune - Economy (English)