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Featured

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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Asian 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.

Taiwan tribe despairs as drought shrinks bamboo crop

Hacking at a bamboo plant with a machete, Avayi Vayayana peels back the shoot's stiff bark as he scans southern Taiwan's mountains, anxious for more of the money-making crop his Indigenous tribe increasingly struggles to find.

For small-time investors, bankrolling a young athlete can pay off

In February 2021, Dominican baseball superstar Fernando Tatis Jr signed a monster deal with the San Diego Padres -- $340 million over 14 years.

In distorted Buenos Aires rental market, it's dollar vs. peso

Dollar-wielding foreigners living it up in Buenos Aires while locals scrape by; Argentina's sky-high inflation and weakening currency has yielded a schizophrenic rental market -- a bargain for some, a curse for others.

At its 787 Dreamliner factory, Boeing prepares for takeoff

As airlines seek to fulfill customers' growing post-pandemic appetites for long-haul travel, Boeing is aiming to speed up production of its 787 Dreamliners after a period plagued by repeated delivery interruptions due to manufacturing defects.

West intensifies diplomatic pressure as Serbs rally in north Kosovo

Ethnic Serbs gathered again in a flashpoint town in north Kosovo on Thursday at the site of clashes earlier this week with NATO-led forces, as Pristina and Belgrade came under mounting international pressure to defuse tensions.

Biden and top Republican McCarthy -- odd couple who saved US economy

Like bomb squad technicians who just snipped the last wire on a ticking device, Joe Biden and top Republican Kevin McCarthy are breathing a sigh of relief after reaching a deal on the US debt ceiling.

US and Taiwan ink trade deal as China issues warning

The United States and Taiwan signed a trade deal Thursday aimed at deepening economic relations between both sides -- in a move that has sparked a warning from Beijing.

Stocks gain on hopes of US interest rate pause

Stock markets gained ground on Wall Street and in Europe on Thursday as US labour market data gave investors more confidence the Federal Reserve would hold back on further interest rate hikes in its battle against inflation.

Thousands of Israelis join Jerusalem Pride parade

Thousands of Israelis joined Jerusalem's Pride parade Thursday, a high-security event in the conservative city where critics of LGBTQ rights held a counter-demonstration nearby.

Brazil economy posts better-than-expected growth in Q1

Brazil's economy grew a stronger-than-expected 1.9 percent in the first quarter, according to official figures released Thursday, welcome news for leftist President Luiz Inacio Lula da Silva as he looks to jump-start growth.

Entertainment industry struggles with 215 bn piracy site visits

Anti-piracy authorities say they have cracked down on illegal streaming of film and TV, but data suggests it is booming, reaching 215 billion illegal site visits last year.

Freddie Mercury's draft lyrics for Queen hits unveiled

A trove of Freddie Mercury's previously unseen handwritten draft lyrics for some of Queen's biggest hits goes on show Thursday in New York, ahead of their sale in London later this year.

Pakistan inflation rockets to record 37.97 percent

Pakistan's year-on-year inflation hit a record 37.97 percent in May, official data revealed Thursday, with the nation on the brink of economic collapse and crucial bailout talks stalled.

Japan PM unveils $25 bn plan to tackle birthrate crisis

Japan's prime minister unveiled a $25 billion plan on Thursday to expand support for young people and families in a bid to help raise the country's plummeting birthrate.

Pressure mounts on Pristina as Serbs rally again in north Kosovo

Ethnic Serbs gathered again in a flashpoint town in Kosovo on Thursday at the site of clashes earlier this week with NATO-led soldiers in Kosovo, as international pressure mounts on Pristina to diffuse tensions.

Boeing's 1st priority is current certifications before new jet

Boeing will focus on successfully completing plane certifications, shoring up its supply chain and improving technologies in development before launching a new plane model, said Chief Executive Dave Calhoun.

Musk leaves China after Tesla factory visit, govt meetings

Tesla CEO Elon Musk's private jet departed Shanghai on Thursday, Chinese flight-tracking data showed, as the tycoon wrapped up a visit to China, the world's largest market for electric vehicles.

Renewable energy capacity additions to hit record: IEA

Renewable power capacity will grow by a record number this year as high fossil fuel prices and energy security concerns fuelled the deployment of solar and wind systems, the International Energy Agency said Thursday.

Stocks mixed as US debt bill news offset by Fed, China worries

Markets were mixed Thursday after the US House passed a bill to avoid a painful default, but as traders turn their attention to the Federal Reserve's next policy meeting and China's struggling economy.

Passage of US debt bill boosts equity markets, Fed now in view

Markets mostly rose Thursday after the US House passed a bill to avoid a painful default, as traders turn their attention to the Federal Reserve's next policy meeting and China's economy.

Hong Kong launches retail-friendly rules for crypto exchanges

Hong Kong opened its arms to the virtual asset world on Thursday, launching new retail-friendly rules for the city's crypto exchanges.

It is written: why France holds to analysing handwriting

Caroline de la Tournelle says her ability to decipher handwriting has influenced whether hundreds of people got jobs, helped police track death threats and even saved a child that was being abused.

Elon Musk's jet leaves Shanghai as tycoon wraps up China visit: flight tracker

A jet belonging to Tesla CEO Elon Musk departed Shanghai on Thursday, Chinese flight-tracking data showed, as the tycoon wraps up a visit to China that has seen him express hopes to expand business in the world's largest market for electric vehicles.

Global stocks fall after weak China data ahead of key US debt vote

Global stocks fell Wednesday as Chinese and European economic data raised worries about slowing growth, while markets awaited a key congressional vote to lift the US debt limit.

Countries tussle at 'rocky' global plastic talks

Negotiators charged with hammering out a global treaty to end plastic pollution were warned there was "no time to lose" on Wednesday, after progress was slowed by two days of procedural debates that campaigners blamed on large producer countries.

EU, US ready common code of conduct on artificial intelligence

The European Union and the United States said Wednesday that they would soon release a voluntary code of conduct on artificial intelligence, hoping to develop common standards among democracies as China makes rapid gains.

EU, US to ready voluntary AI code of conduct

The European Union and United States said Wednesday they expect to draft a voluntary code of conduct on artificial intelligence "within weeks" with the hope that fellow democracies will sign on.

Tesla's Musk hails China's 'vitality' on Beijing visit

Elon Musk praised China's "vitality and promise" on Wednesday, Beijing said, during a trip to China in which he has met multiple government officials and reportedly declared he will expand his business there.

'No victory yet', ECB says as inflation slows in key countries

Falling inflation in top eurozone economies is "positive" news, a senior European Central Bank official said Wednesday, while warning that the battle against high prices was not over yet.

India records strong 7.2% annual growth

India's GDP grew by 7.2 percent in the year to March, official figures showed Wednesday, boosted by services and consumption, putting it among the world's fastest-expanding major economies.

Equities sink as hardline Republicans threaten US debt deal

Asian and European stocks slid Wednesday on fears that hardline Republicans could vote down a crucial bill to hike the US borrowing limit, risking a catastrophic default that could hammer an already fragile global economy.

Arizona Tribune - Economy (English)