Arizona Tribune

US home sales cool as mortgage rates remain high

Sales of homes in the United States ticked down in July, according to industry data released Tuesday, as elevated mortgage rates and limited housing supply held buyers back.

Getir cuts over tenth of global workforce

Turkish rapid grocery delivery firm Getir said Tuesday it was slashing over a tenth of its global workforce in a bid to stem losses and keep its foothold in parts of Europe and the United States.

Ex-OPEC president facing corruption charges in UK

Former OPEC president Diezani Alison-Madueke has been charged with bribery offences relating to her time as Nigeria's oil minister, the UK National Crime Agency said on Tuesday.

Canada to challenge latest US duties on softwood lumber

Ottawa announced Tuesday it will challenge the latest US duties on Canadian softwood lumber that it called "unfair, unjust and illegal."

British chip champion Arm files to go public in US

British chip designing giant Arm has launched the process for a public stock listing in New York, in what could be the biggest US share offering in years.

Stocks advance but traders fret over outlook

Stocks pushed higher Tuesday following a recent streak of losses, though investors' mood remained dimmed by concerns over China's economy and the outlook for US interest rates.

UK top bosses earn 118 times pay of workers: study

Bosses running Britain's biggest listed companies enjoyed payrises of 16 percent last year as workers' wages struggled with the worst cost of living crisis in a generation, research published Tuesday found.

Dubai airport traffic jumps 50%, tops pre-pandemic levels

Passenger traffic at Dubai international airport leapt 50 percent in the first half of the year, surpassing pre-pandemic levels, its operator said on Tuesday.

Sydney suburbs provide 'safe space' for gay rugby players

It would be hard to pick the Sydney Convicts from any other of the city’s suburban rugby union teams.

'Barbie' hits nerve in conservative Gulf

After being banned in some Arab countries, the film "Barbie" is dividing audiences in the conservative Gulf.

North Korea plans satellite launch as Seoul, US hold drills

North Korea has informed Japan it plans to launch a satellite in the coming days, Tokyo said Tuesday, less than three months after a failed effort saw a military satellite plunge into the sea.

Fukushima water release to begin Thursday: Japan PM

The release of wastewater from Japan's stricken Fukushima nuclear plant into the Pacific will begin on Thursday, Prime Minister Fumio Kishida has announced, despite opposition from fishermen and protests by China.

Stocks struggle as China rate cut fails to ease worries

European and US stocks struggled to rebound on Monday while Asian markets ended mixed after a Chinese rate cut failed to reassure investors worried about the outlook for the world's number two economy.

Stocks bounce despite China rate cut failing to ease worries

European and US stocks rebounded on Monday but Asian markets ended mixed after a Chinese rate cut failed to reassure investors worried about the outlook for the world's number two economy.

No recovery yet for 'lacklustre' German economy, says Bundesbank

Germany's "lacklustre" economy will likely stagnate again in the third quarter, the Bundesbank central bank said Monday, as weak demand from abroad and high interest rates take their toll on Europe's industrial powerhouse.

European stocks rebound, China rate cut fails to ease worries

European stocks rebounded Monday but Asian markets ended mixed after a Chinese rate cut failed to reassure investors worried about the outlook for the world's number two economy.

Markets mixed as China rate cut fails to ease economy worries

Markets were mixed Monday as China's decision to cut interest rates again failed to reassure investors, who are increasingly worried about the outlook for the world's number two economy.

Most markets sink as China rate cut fails to ease economy worries

Most Asian markets fell Monday as China's decision to cut interest rates again failed to reassure investors, who are growing increasingly worried about the outlook for the world's number two economy.

China cuts key interest rate to support economy

China's central bank on Monday cut a key interest rate in an attempt to counter the post-Covid growth slowdown in the world's second-largest economy.

From Furby to Grimace, brands cash in with nostalgic reboots

Furby and Polly Pocket are making a comeback -- and don't forget Surge soda and McDonald's Grimace -- as businesses deepen bets around consumers' nostalgia for decades-old brands.

'Can't sleep at night': China's youth worry about tough job market

Freshly graduated psychology major Zhang has failed to find a job in her chosen field of market research despite sending out thousands of CVs to Chinese employers.

U.S. Steel plays hard to get as potential suitors line up

United States Steel has launched a strategic review after receiving several unsolicited offers for a partial or total takeover, and has already rebuffed one "unreasonable" offer.

Stocks drop as investors worry about US rates, China woes

Shares fell Friday as investors contemplated the prospect that interest rates could remain higher for longer and on concerns over China's economy.

Stocks dragged further by US rate worry, China gloom

Asian markets mostly fell Friday on growing worries of another Federal Reserve interest rate hike and deepening concerns about China's economy, with the country's property crisis once again adding an extra layer of jeopardy.

Stocks dragged further down by US rate worry, China gloom

Asian markets mostly fell Friday on growing worries of another Federal Reserve interest rate hike and deepening concerns about China's economy, with the country's property crisis once again adding an extra layer of jeopardy.

Wet July dampens UK retail sales, spending outlook

British retail sales fell more than expected in July, official data showed Friday, with poor weather blamed for the setback as the country tries to revive its flagging economy.

Demise of England's 'Crooked House' shows pubs in peril

With a 15-degree list making one end four feet (1.2 metres) lower than the other, the historic Crooked House pub looked as if could topple over at any minute.

Japanese turn to wearable tech to beat the heat

Selling jackets with built-in fans, neck coolers and T-shirts that feel cold, Japanese firms are tapping into a growing market for products to help people handle the summer heat.

Brazilian jiujitsu offers lifeline to Rio favela kids

In a hilltop slum crammed between two of Rio de Janeiro's wealthiest neighborhoods, children practice Brazilian jiujitsu, hoping to follow in the footsteps of the black belts whose graffiti portraits decorate their gym's walls.

Chinese developer Evergrande files for bankruptcy protection

Embattled Chinese property giant Evergrande Group filed for bankruptcy protection in the United States on Thursday, court documents showed, a measure that protects its US assets while it attempts to restructure.

China developer Evergrande files for bankruptcy protection