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Apple raises prices for MacBooks and iPads, as costs soar over AI

Apple said Thursday it was raising prices for its MacBook computers, iPad tablets and other products, citing spiraling memory and storage costs sparked by the rise of artificial intelligence.

Binance to suspend crypto services in several EU countries

Cryptocurrency exchange Binance said Thursday it will suspend services in several European countries from next week as it has been unable secure regulatory approval to operate in the European Union.

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What we know about India's worst rail tragedy in decades

India's deadliest train disaster in decades killed at least 275 people and injured hundreds more, a tragedy officials have said was linked to an electronic signal system.

UBS says to complete Credit Suisse takeover on June 12

Swiss banking giant UBS is expected to complete its takeover of crisis-hit domestic rival Credit Suisse as early as June 12, the two lenders said on Monday.

Trains resume service 51 hours after deadly India crash

Passenger and freight trains were running again on Monday at the site of India's deadliest train disaster in decades, which officials said was caused by failures linked to signal systems.

Markets extend global rally after 'Goldilocks' US jobs data

Asian equities on Monday built on a global rally after a mixed US jobs report lifted hopes the Federal Reserve will hold off hiking interest rates this month.

Apple mixed-reality headset to take aim at the metaverse

Apple on Monday is expected to show off pricy mixed-reality headgear at its annual Worldwide Developers Conference, challenging Facebook-owner Meta in a market that has yet to sizzle.

Britain, Brazil mark anniversary of Amazon double murder

Loved ones and admirers are holding international commemorations Monday for British journalist Dom Phillips and Brazilian Indigenous expert Bruno Pereira, who were murdered a year ago while documenting environmental crimes in the Amazon rainforest.

Fossil fuelled: Climate talks begin with spotlight on oil chief

The future of fossil fuels -- the leading source of planet-heating emissions -- will face scrutiny at UN climate negotiations Monday with an under-fire Emirati oil chief poised to step into the driver's seat.

Pill halves risk of death in type of lung cancer

A pill has been shown to halve the risk of death from a certain type of lung cancer when taken daily after surgery to remove the tumor, according to clinical trial results presented on Sunday.

Saudi Arabia slashes output further to boost oil price

Riyadh on Sunday announced a fresh oil output cut following a meeting of major producers aiming to prop up prices despite fears of a recession.

Latest Spider-Man spins silver screen gold

"Spider-Man: Across the Spider-Verse," Sony's newest chapter in the webslinger series, soared to North American box office domination in its weekend debut, Sunday estimates showed, cementing the resilience of one of Hollywood's biggest superhero juggernauts.

Saudi Arabia announces fresh output cut to boost oil price

Riyadh on Sunday announced it would slash output further by one million barrels per day in a bid to prop up prices, despite fears of a recession.

In Ecuador biosphere, battle lines form over mining plans

The Choco Andino Biosphere Reserve near Ecuador's capital Quito is a UN-designated biodiversity hotspot -- and the center of an increasingly heated debate over mining.

New clashes on Russian side of Ukraine border: Russian governor

The governor of Russia's Belgorod region on the border with Ukraine said on Sunday that fighting was ongoing on his side of the frontier and acknowledged pro-Ukrainian forces had taken Russians prisoner during cross-border clashes.

Brian Cox hasn't found time for 'Succession' finale

Veteran Scottish actor Brian Cox on Sunday praised striking Hollywood writers as entertainment's "prime forces" -- and revealed he has yet to watch the gripping finale of "Succession".

OPEC+ weighs fresh output cuts to boost oil price

Major oil producers led by Saudi Arabia and Russia met Sunday to discuss slashing output further in a bid to prop up prices, talks that are seen as tough amid tensions between Riyadh and Moscow.

OPEC+ weighs fresh production cuts to rein in weak prices

There are growing signs that major oil producers led by Saudi Arabia and Russia are considering slashing production further when they meet on Sunday in a bid to prop up prices.

Biden signs debt ceiling bill into law, averting default

US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of wrangling, moving to avert a catastrophic, self-induced default in the world's biggest economy.

Youth give voice to anger at Senegal 'injustice'

Twenty-year-old Omar Diop didn't take part in the violent demonstrations in Senegal over the jailing of a popular opposition leader, but says he fully understands the young protesters' anger.

Sweltering heat in Vietnam's north sparks power cuts

Hanoi residents flocked to the Vietnamese capital's air-conditioned shopping malls on Saturday to escape power cuts at home, as the grid struggled to cope with the high demand caused by soaring heat.

From slums to stardom: Uganda's Ghetto Kids

The sprawling slums of Kampala are a far cry from the glitzy stage of Britain's Got Talent, where a group of Ugandan street kids will be performing in Sunday's grand finale of the hit UK television show.

Smashed carriages and corpses: India's train disaster

Carriages perched on top of each other and lines of bodies collected by rescue workers: as dawn broke on Saturday, it revealed the horror of one of India's deadliest railway crashes.

Biden hails averting 'catastrophic' default in Oval Office speech

US President Joe Biden told Americans on Friday in a rare Oval Office address that the debt ceiling bill passed by Congress after weeks of wrangling saved the country from "economic collapse."

Stocks rise after bumper US jobs report, debt breakthrough

Stock markets rallied Friday, closing out the week on a high in the United States following a bumper jobs report and a deal in Congress to avert a potentially catastrophic debt default.

France avoid S&P credit downgrade but concerns persist

France managed to avoid a fresh credit downgrade from a leading rating agency on Friday, despite mounting concern over the country's surging national debt.

UN aims to deliver draft plastics treaty by year's end

The world should see the first draft of a highly anticipated and much needed international treaty to combat plastic pollution by the end of November, 175 nations gathered in Paris decided Monday after five days of gruelling talks.

Fitch holds US rating on negative watch despite debt deal

Ratings agency Fitch said Friday that it is keeping the United States' "AAA" credit rating on negative watch, despite a bipartisan agreement on the debt limit to avert a catastrophic default.

Kenya court orders suspension of mass layoff of Facebook moderators

A Kenyan court on Friday ordered the suspension of the mass sacking of scores of content moderators by a subcontractor for Facebook's parent company Meta and directed the social media giant to provide counselling to the employees.

Stocks rise on US debt breakthrough, jobs data

Stocks markets rallied on Friday after senators voted to lift the US debt ceiling and as strong jobs data eased fears for the world's top economy.

US hiring heats up unexpectedly in May but wage gains ease

Hiring in the United States heated up again in May, according to government data released Friday, with the strong labor market defying expectations of a slowdown amid efforts to cool the economy.

Mystery of the desert: The lost cities of the Nigerien Sahara

A long trek across the desert of northeastern Niger brings the visitor to one of the most astonishing and rewarding sights in the Sahel: fortified villages of salt and clay perched on rocks with the Saharan sands laying siege below.

Nigeria grapples with end of fuel subsidy

Nigerians are struggling with surging fuel prices after newly elected President Bola Tinubu declared an end to popular subsidies, a move analysts and experts said was long overdue.

Asian, European markets surge on Fed rate hopes

Asian markets rallied Friday on hopes the US Federal Reserve will decide against lifting interest rates this month as officials assess the impact of more than a year of tightening.

Arizona Tribune - Economy (English)