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Featured

Confirmation still a rite of passage in Denmark but less Christian

At 15, like most Danish teenagers, Nora Pihl chose to get confirmed but for her, as for a growing number of young Danes, it wasn't a religious affair.

CRI Names Dee Burger Chief Executive Officer

Veteran Technology and Consulting Leader to Guide the Firm's Next Phase of Growth and Client Service

Last news

EU looks to 're-calibrate' position on China

EU foreign ministers met Friday to seek a common approach and "recalibrate" Europe's position on China, lessening reliance and coaxing Beijing to take a tougher stance on Russia's invasion of Ukraine.

Europe charges up car battery drive with new plants

Europe's efforts to build up its battery-making capacity got a major boost Friday as Sweden's Northvolt and Taiwan's ProLogium announced projects to build factories in Germany and France.

Stocks mixed as traders weigh inflation, China talks and debt

Stocks and the dollar were mixed Friday as traders weighed a range of issues including US debt-ceiling hopes, talks between Washington and Beijing and more signs of a slowing economy.

Royal Mail CEO steps down after delivery failures

The boss of Royal Mail is to step down, its parent group confirmed Friday, after lawmakers criticised the former state-monopoly's performance, which has been hit by mass strikes.

Bangladesh audiences see first Indian movie in 50 years

Thousands flocked to cinemas in Dhaka on Friday as Shah Rukh Khan's blockbuster "Pathaan" hit the big screens, the first Bollywood movie to get a full release in Bangladesh in more than half a century.

Tea giants lose certification after Kenya sex abuse probe

An international body said it had suspended its certification for two major global tea companies after an investigation into a sexual abuse scandal in Kenya.

'Wide open' for business: Russia makes play for Gulf money

Grappling with sanctions and an exodus of foreign firms, Moscow is looking to investors from oil-rich Arab Gulf states as the West locks it out over the war in Ukraine.

'Hostile' US policies on China risk dividing world: Stiglitz

"Hostile" US policies on China risk splitting the world into two blocs, Nobel-winning economist Joseph Stiglitz told AFP on Friday, urging the West to offer investment not "lectures" to developing countries.

Markets mixed as traders weigh inflation, China talks and debt ceiling

Markets were mixed Friday as traders weighed a range of issues including US debt ceiling hopes, high-level talks between Washington and Beijing, banking sector uncertainty and more signs of a slowing economy.

UK economy ekes out growth in first quarter

Britain's economy grew 0.1 percent over the first quarter despite weakening in March, official data revealed Friday, as output continues to be hit by high inflation and strikes.

'I want it banned': reality TV targeted in Serbia after shootings

Serbian TV is a diet of women being beaten and threats issued at gunpoint. But this is not fiction. It is reality shows where, among others, infamous mobsters and war criminals are the stars.

Cash-strapped Lebanese soldiers moonlight as mechanics, waiters

A crushing economic crisis in Lebanon has impelled members of the security forces to take on side hustles to get by, raising concerns about security in the eastern Mediterranean country.

Women dance to their own beat in China's nightclubs

Tired of Shanghai club nights dominated by men, where a woman's appearance often matters as much as her musical skills, Eloise Fan has created an underground space where women DJs are free to shine.

Asian markets struggle as easing inflation fails to boost optimism

Asian markets fluctuated Friday as traders weighed a range of issues including US debt ceiling hopes, high-level talks between Washington and Beijing, banking sector uncertainty and more signs of a slowing economy.

Clock ticks towards midnight change to US migrant rules

The clock ticked towards the expiry Thursday of pandemic-era rules that have shuttered the US southern border to asylum seekers, with thousands queuing in Mexico in the hope of claiming refuge under an uncertain new regime.

'I could die too': Ukraine's war widows on the front line

Svitlana Povar knew her husband would not approve when she enlisted in Ukraine's military and deployed to the embattled Donetsk region, where fighting with Russian forces is fiercest.

The long wait is over: New 'Zelda' hits shelves

A six-year wait came to an end for "Zelda" fans across the world on Friday as Nintendo released the long-awaited next instalment of its 40-year-old gaming saga.

Debt ceiling talks postponed until next week: W.House

Crunch talks between US President Joe Biden and senior Republicans have been postponed until early next week to allow staff to continue working, the White House said in a statement Thursday.

Pigs notch animal cruelty win at US Supreme Court

The US Supreme Court on Thursday upheld a California animal cruelty law that bans the sale in America's most-populous state of pork from pigs raised in confined conditions.

Chocolate giants in pay fail for Ghana farmers: Oxfam

The world's biggest chocolate makers are failing on promises to improve pay for farmers in major cocoa producer Ghana despite strong profits, charity Oxfam said in a report on Thursday.

UK to roll out first driverless bus service

The UK will roll out its first driverless bus network in Scotland next week with drivers on standby behind the steering wheel, ready to take control should an emergency arise.

Stock markets down as traders weigh inflation, rate hikes

Major stock markets dropped Thursday as investors weighed fresh US inflation data, the financial health of a regional bank and another UK interest rate hike.

Czechs announce major pension, tax reform to rein in debt

The Czech government presented an extensive tax and pension reform on Thursday designed to curb soaring public debt due to the Covid pandemic and the war in Ukraine.

Biden administration announces plan to curb emissions from power plants

President Joe Biden's administration on Thursday announced plans to curb planet-warming emissions from the nation's power stations, as part of the United States' efforts to combat climate change.

Bank of England lifts interest rate to 15-year high

The Bank of England on Thursday lifted its key interest rate by a quarter-point to 4.5 percent, the highest level in almost 15 years, as it bids to cool sky-high inflation.

Finnish footbridge collapse injures 27, mostly children

Some 27 young people, mostly children, were injured in Finland on Thursday when a temporary footbridge near a construction site collapsed and they fell several metres onto a road, officials said.

Stock markets waver after Bank of England rate hike

Europe's main stock markets wavered on Thursday, with London sliding after the Bank of England announced it was hiking interest rates to a 15-year high.

iPhone maker Foxconn's profits slump 56 percent in first quarter

Profits for Taiwanese tech giant and key Apple supplier Foxconn fell 56 percent in the first quarter, it announced Thursday, a plunge blamed on weakened demand due to a global downturn.

European stocks climb as focus switches to Bank of England

Europe's main stock markets rose on Thursday, with the region's key event an expected interest rate hike from the Bank of England.

German union calls new two-day rail strike

Transport union EVG on Thursday called a new round of strikes on Germany's rail network as workers demand higher wages to cope with inflation, an industrial action slammed as "insane" by train operator Deutsche Bahn.

A delicate succession in the Arctic Council after Russia sidelined

The Arctic Council, a model for cooperation between former Cold War foes, on Thursday sees a delicate handover of chairmanship, with the sidelining of Russia, its largest member.

Nissan full-year results beat estimates, forecast bullish

Nissan said Thursday its full-year net profit slightly topped estimates and offered an upbeat forecast for the current fiscal year, despite warning of "challenging" conditions ahead.

Arizona Tribune - Economy (English)