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Featured

Indian startup head appointed as new WhatsApp boss

Meta has tapped Indian fintech founder Kunal Shah as the new head of WhatsApp, as the US tech giant seeks ways to monetise the messaging app's massive user base.

Shortages ease in Bolivia as protest roadblocks dismantled

Shortages began to ease in Bolivia on Monday as a state of emergency attempting to end weeks of anti-government protests reopened most roads to traffic.

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Asian markets pick up but traders worry over looming rate hikes

Asian markets bounced Tuesday on bargain-buying after suffering a series of losses over fears the Federal Reserve will push interest rates higher than expected and for longer than feared as it battles stubborn inflation.

Britain's marathon battle over Brexit

Here are milestones in the rocky Brexit process, from the UK's shock 2016 vote to leave the European Union to a new deal on trade rules for Northern Ireland called the Windsor Framework.

Twitter cuts more staff as Musk turmoil grows

Reports of more layoffs at Twitter landed on Monday as owner Elon Musk waded into a racism controversy that risked pushing advertisers further away from the struggling platform.

Report of new Twitter staff cut as Musk turmoil grows

Word of more layoffs at Twitter came Monday as its owner Elon Musk waded into a racism controversy giving advertisers more reason to steer clear of the struggling platform.

Mexico's Pemex posts first annual profit in decade

Mexican state energy giant Pemex on Monday reported its first annual profit in a decade thanks to higher oil demand and prices.

Elegance and sensuality grace Milan Fashion Week

Women's Fashion Week ended in Milan on Monday.

Northern Ireland Protocol: why the changes?

Britain and the EU struck a deal Monday to re-fashion a post-Brexit trade agreement with Northern Ireland that has become a significant political problem.

'Best chef in the world' Guy Savoy stripped of Michelin star

The Michelin Guide announced Monday the shock decision to knock a star off the Paris restaurant of Guy Savoy, frequently named the best chef in the world.

Stocks bounce after sinking on US rate hike fears

US and European equities rebounded Monday after sinking last week on renewed fear of more aggressive US interest rate hikes, dealers said.

Curse or blessing? In Uganda, oil project gets mixed reviews

On the teeming savannah of northwest Uganda, antelopes gaze beyond a metal fence as a giant rig is raised above cleared tracts of grasslands to make way for oil drilling.

UK and EU clinch Brexit deal over N.Ireland trade

Britain and the European Union proclaimed a "new chapter" in relations on Monday as they agreed a crucial overhaul of trade rules in Northern Ireland that aims to ease tensions stoked by Brexit.

UK's PM and EU chief clinch Brexit deal over N.Ireland trade

Britain and the European Union on Monday agreed a crucial overhaul of trade rules in Northern Ireland, a breakthrough aimed at resetting seriously strained relations since Brexit.

Nestle to close factory, head office in Myanmar

Swiss food giant Nestle will halt all production in Myanmar, a spokesperson said Monday, the latest firm to draw back from the country after a military coup two years ago.

Europe stocks rebound after sinking on US rate hike fears

European equities rebounded Monday after sinking last week on renewed fear of more aggressive US interest rate hikes, dealers said.

UK-EU Brexit fix: What's at stake?

An agreement between Britain and the European Union over post-Brexit trade rules in Northern Ireland appears imminent.

North Korea's Kim opens key meeting on agriculture

North Korean leader Kim Jong Un has opened a key party meeting to discuss agricultural development, state media said Monday, following a report of "grave" food shortages in the isolated country.

Asian markets drop on rate fears as US inflation runs hot

Asian markets sank Monday following a Wall Street selloff, as forecast-beating US inflation data reinforced expectations the Federal Reserve would continue to ramp up interest rates for some time.

Phone firms set for annual meet in shadow of global slump

The big beasts of the telecom industry will gather in Barcelona on Monday for their most important annual get-together, this year under the shadow of a severe slump across the technology sector.

Far-reaching UN treaty a must to cut global plastic use: experts

Only a bold and ambitious UN treaty with sweeping reforms of the entire plastic life cycle can stem the world's waste crisis, experts said Monday.

How Italy's generous green homes scheme turned 'wicked'

An Italian scheme to make homes more energy efficient has been wildly popular, but the government is seeking to rein in its "out of control" costs amid fears it could send the deficit soaring.

Brazil moves on illegal mines in Indigenous Yanomami territory

Brazilian authorities this week intensified their fight against illegal mining on the land of the Indigenous Yanomami people, sending helicopters over the Amazon jungle in search of clandestine dig sites.

French documentary, Spanish girl clinch top prizes at Berlinale

The Berlin film festival on Saturday awarded its Golden Bear top prize to a documentary by French director Nicolas Philibert and its best acting award to an eight-year-old girl in what jury chief Kristen Stewart described as a "boundary-pushing" event.

French documentary, Spanish girl clinch top prizes at Berlin

Trade resumes as key Afghan border crossing with Pakistan reopens

Vital trade resumed at a key border crossing between Afghanistan and Pakistan on Saturday as their busiest trading waypoint reopened almost a week after being shut by Taliban authorities.

No G20 joint statement after China objections on Ukraine war

G20 finance ministers again failed Saturday to agree a joint statement on the global economy at talks in India, after China sought to water down references to the Ukraine war.

Macron warns EU-South America deal hinges on environment

French President Emmanuel Macron said Saturday that a long-delayed trade deal between the EU and four Latin American nations "is not possible" if they do not follow European environmental policies.

Euclid spacecraft prepares to probe universe's dark mysteries

For now, Europe's Euclid spacecraft sits quietly in a sterilised room in the south of France, its golden trim gleaming under the fluorescent light.

Berlin film fest to award top prizes as stars return

The 73rd Berlinale film festival awards its top prizes on Saturday, including the Golden Bear for best picture, after a star-studded edition that highlighted freedom struggles in Ukraine and Iran.

'French Oscars' reward femicide film but criticised for lack of women

The lack of women nominees was a talking point on Friday at the Cesar Awards, France's answer to the Oscars, despite the top prize going to a film focusing on femicide.

History says Fed can't tame inflation without recession: report

There is no recent precedent for a central bank successfully defeating inflation without "substantial economic sacrifice or recession," said a report presented Friday to Federal Reserve policymakers.

Fourth season of 'Succession' to be last for megahit show

Fans of HBO juggernaut "Succession" will soon bid a final farewell to the family business drama which will end after its upcoming fourth season, according to the show's creator.

Ericsson to cut 8,500 jobs worldwide

Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting programme as financial headwinds push operators to rein in spending.

Arizona Tribune - Economy (English)