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Featured

Driver killed, 28 in hospital as UK train collision probed

UK accident investigators were on Saturday probing the cause of a train collision north of London which killed a driver and injured scores of passengers, nine critically.

Hormuz ship traffic climbs after war deal: trackers

Shipping traffic through the Strait of Hormuz rose to its busiest in two months after a deal to halt the US-Iran war, maritime trackers said on Friday.

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Musk sees aliens, tunnels in a candlelit G20 vision of the future

Sitting in the dark, wearing a traditional Indonesian batik shirt and surrounded by candles, Elon Musk offered a vision for the future that includes aliens, deep tunnels and rocket tourism.

China unveils sweeping measures to rescue property sector

Chinese authorities have unveiled sweeping measures to rescue struggling property sector, as regulators seek to offset years of harsh pandemic curbs and a real estate crackdown that have stalled the world's number-two economy.

Most Asian markets extend global rally on China hopes

Asian markets mostly rose Monday, extending a global surge, as a loosening of China's Covid rules and plans to help its property sector followed a drop in US inflation that eased rate hike fears.

Subarctic boreal forest, vital for the planet, is at risk

It burns, it drifts, it falls victim to insects. And it's shrinking.

'Black Panther' sequel scores huge opening, at home and abroad

Disney and Marvel's highly anticipated "Black Panther: Wakanda Forever" had a huge opening this weekend, taking in an estimated $180 million in North American theaters, industry watcher Exhibitor Relations reported Sunday.

Taliban ban Afghan women from gyms and public baths

Gyms and public baths are now also off limits to Afghan women, the Taliban confirmed Sunday, days after banning them from parks and funfairs.

Sun-soaked North Africa pushes for cheap energy

Solar panels glint in the sun on a Tunisian lagoon, part of a long-delayed drive to harness the North African country's vast renewable energy potential.

FTX working to secure assets after 'unauthorized' transactions

The new CEO of troubled cryptocurrency platform FTX said Saturday the company was making "every effort to secure all assets" following unauthorized transactions potentially worth hundreds of thousands of dollars.

US seeks 15-year term for Theranos founder in fraud case

US federal prosecutors are seeking a 15-year jail term for Theranos founder Elizabeth Holmes and want her to pay more than $800 million to investors defrauded by her blood-testing startup, according to a court filing.

Climate activists take to the trees to save German village

After the last farmer packed up and left in October, climate activists are the only people left in the village of Luetzerath, Germany, which sits above a rich vein of coal.

Nomadic Latino migrant labor aids Florida hurricane recovery

Hour by hour, day by day, hurricane-devastated southwest Florida is starting to get back on its feet -- and the workers doing the hard labor are largely undocumented migrants.

Will robots replace humans at Amazon?

At Amazon's robotics laboratory on the outskirts of Boston, Massachusetts, the company's newest automaton "Sparrow" picks out items to be shipped to customers, displaying human hand-like dexterity.

European stocks up despite recession warnings, US shares extend rally

Global stocks mostly ended higher on Friday as slower US inflation and an easing of Covid restrictions in China boosted investor sentiment, despite prospects of a downturn.

'Voracious' giant snails spark alarm in Venezuela

A "plague" of giant African snails that pose potential health risks to humans is causing alarm in Venezuela where sustained rains have facilitated their proliferation.

Cryptocurrency platform FTX files for bankruptcy, boss resigns amid tumult

Crisis-struck cryptocurrency platform FTX has gone bankrupt in the United States and its chief executive Sam Bankman-Fried has resigned, it said Friday, the latest blow in a saga that has reverberated across the digital currency landscape.

Twitter scrambles to curb spread of fake accounts

Twitter moved on Friday to curb fake accounts that have proliferated since Elon Musk's takeover, suspending sign-ups for a new paid checkmark system and reinstating a gray "official" badge on some accounts.

European stocks up despite recession warnings

European stocks mostly ended on a high on Friday as slower US inflation and a relaxing of Covid restrictions in China boosted investor sentiment despite recession prospects.

Angry Iranians protest 'Bloody Friday' massacre

Hundreds of angry men protested after Friday prayers in Iran's Sistan-Baluchistan province, online videos showed, six weeks after rights groups say dozens were killed during a crackdown in the region.

Cryptocurrency platform FTX goes bankrupt in US, boss resigns

Irish PM says 'opportunity' to end Brexit dispute after UK talks

Irish prime minister Micheal Martin on Friday said there was "a window of opportunity" for Britain and the European Union to resolve a dogged dispute over post-Brexit trade in Northern Ireland.

European stocks held back by recession warnings

European stock markets on Friday failed to match soaring gains overnight in Asia and on Wall Street, as recession prospects offset a boost from slower US inflation.

EU warns of 'difficult months' as eurozone faces recession

The EU warned Friday the eurozone was set to fall into recession this winter as Brussels hiked inflation forecasts for 2022 and 2023 on the back of high energy prices.

More UK misery as economy contracts in third quarter

Britain's economy shrank in the third quarter as inflation soars, official data showed Friday, likely confirming it is already in a recession, dealing a fresh blow to new Prime Minister Rishi Sunak.

SoftBank Q2 net profit boosted by sales of Alibaba shares

Japan's SoftBank Group on Friday posted a net profit in the second quarter, partly thanks to gains from the recent reduction of its stake in Chinese e-commerce giant Alibaba.

UK economy contracts in third quarter

Britain's economy shrank in the third quarter, official data showed Friday, likely confirming it is already in a recession forecast to last some time.

SoftBank posts Q2 net profit after Alibaba share sales

Japan's SoftBank Group on Friday posted a net profit in the second quarter, partly thanks to gains from its recent reduction of its stake in Chinese e-commerce giant Alibaba.

China's Singles Day shopping spree enters final stretch

China's Singles Day shopping bonanza entered its final stretch Friday, with all eyes on whether sales can top a record one trillion yuan ($140 billion) despite the country's struggling economy.

Bong! Big Ben's back in Britain

Getting up close to Big Ben requires earplugs, and ear defenders over them to be safe. When the 13.7-tonne bell sounds, the vibration hits you in the chest.

Asian shares surge as investors cheer slower US inflation

Asian markets surged on Friday after a bumper session on Wall Street as lower US inflation dimmed expectations of more aggressive Federal Reserve rate hikes.

Hurricane causes only minor damage to Artemis rocket

After initial visual inspections, NASA said on Thursday that its new mega moon rocket apparently suffered no major damage after Hurricane Nicole hit Florida.

Powerful Murdoch media dumps on Trump

The powerful media empire of conservative billionaire Rupert Murdoch appeared to turn its back on Donald Trump Thursday, labelling the former president a "loser" who shows "increasingly poor judgement" after the midterm elections.

E-cig giant Juul secures funds to avoid bankruptcy

American e-cigarette firm Juul Labs has secured financing to stay afloat but confirmed job cuts, it said in a statement Thursday, while dealing with a dispute on whether its products can remain on market.

Arizona Tribune - Economy (English)