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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.

Oil edges back up, shares steady after US-Iran talks postponed

Oil prices edged back up and stock markets stabilised Friday after postponement of US-Iran peace deal talks.

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Sweden conducts new Nord Stream crime scene inspection

Swedish prosecutors said Friday they would conduct a new complementary crime scene investigation of the Nord Stream leaks, after the navy and the pipeline owner also began surveys this week.

Airlines giant IAG revenue back at pre-pandemic level

IAG, owner of British Airways and Spanish carrier Iberia, revealed Friday revenue slightly above pre-pandemic levels as it posted third-quarter profits on rebounding passenger demand.

UK govt expected to call N.Ireland poll after deadline expires

The UK government was on Friday expected to call the second election in a year in Northern Ireland after politicians failed to resolve a standoff over post-Brexit trade rules.

French October inflation highest since 1985

French consumer prices rose at their fastest pace since 1985 in October, official data showed Friday, driven by rising energy, food and manufactured goods prices.

Most markets slip as rate hopes are offset by big tech sell-off

Most markets fell Friday as a weakening economy and disappointing earnings from tech giants offset signs that central banks could begin slowing their interest rate hike campaign.

T-rex in Singapore as experts decry 'harmful' auctions

Dinosaur fans got a glimpse of a Tyrannosaurus rex skeleton as it went on display in Singapore Friday before an auction next month, as experts slammed the big-money bone trade as "harmful to science".

YouTube to certify health care providers' accounts

Doctors, nurses and other health care professionals can apply to have their YouTube channels certified, the video sharing platform said Thursday, in a push to limit misinformation on the site.

Bank of Japan sticks to easing despite yen pressure

The Bank of Japan stuck to its ultra-loose monetary policies Friday, even as the yen comes under pressure from aggressive tightening by the US Federal Reserve and other central banks.

Asian markets slip as rate hopes are offset by big tech sell-off

Most markets fell Friday as a weakening economy and disappointing earnings from tech giants offset signs that central banks could begin slowing their interest rate hike campaign.

Manga mindset: Japan's biggest 'One Piece' fans

Shohei Sato's devotion to the pirate manga "One Piece" culminated in a wedding themed on the series, and he's not the only superfan obsessed with its intricate plots and swashbuckling characters.

Elon Musk takes control of Twitter, fires executives

Elon Musk took control of Twitter and fired its top executives late Thursday in a deal that puts one of the leading platforms for global discourse in the hands of the world's richest man.

Loans, investments and piles of his own cash: How Musk financed Twitter takeover

In looking for ways to pay for his takeover of Twitter, Elon Musk has offered up money sourced from his own personal assets, investment funds and bank loans, among others.

Elon Musk: tech genius, social media boss, eccentric

Elon Musk is at turns ingenious, impulsive and infuriating. He is also a corporate maverick, unafraid to tackle myriad industries by his own rules.

Elon Musk takes control of Twitter, fires executives: US media

Elon Musk took control of Twitter and fired its top executives, US media reported late Thursday, in a deal that puts one of the top platforms for global discourse in the hands of the world's richest man.

China economic slowdown to drag on Asia growth: IMF

China's "sharp and uncharacteristic" economic slowdown is expected to drag on growth across Asia through the end of next year, the International Monetary Fund (IMF) warned Friday, darkening an already gloomy global outlook.

Japan to unveil huge economic package to address inflation

Japan is on Friday expected to announce an economic stimulus package that local media said could be worth $200 billion to cushion the impact of inflation and a weak yen.

Apple reports solid profits, but sees greater hit from strong dollar

Apple reported solid profits on rising revenues Thursday, but the tech giant's iPhone sales missed estimates as executives signaled a rising financial toll from the strong dollar.

N.Ireland set for fresh elections as deadline to restart government expires

A deadline to resume power-sharing in Northern Ireland's regional government passed at midnight on Friday, setting the UK-run province on a course to its second election this year amid a political stand-off over divisive post-Brexit trade rules.

Apple reports solid profits, but iPhone sales miss estimates

Apple reported solid profits on rising revenues Thursday, but the tech giant's iPhone sales missed estimates while it saw slowing growth in services revenues.

Amazon quarterly profit slips as shoppers seek bargains

Amazon on Thursday said that its profit in the third quarter slipped more than 9 percent to $2.9 billion, despite an uptick in sales helped by Prime day bargains.

Iran protest deaths mount as Tehran vows 'severe response' to shrine massacre

Iranian protesters on Thursday defied a deadly crackdown by security forces against nearly six weeks of women-led protests, as Tehran vowed to punish those behind a mass shooting that killed 15 worshippers at a shrine.

US tech titans buffeted by economic headwinds and TikTok

US tech titans looking to the future are seeing growth take a beating in the face of foreign competition and a tough economy in the here and now.

Strong McDonald's results showcase advantage amid inflation

McDonald's reported stronger-than-expected quarterly profits Thursday as executives pointed to signs it is drawing customers priced out of more expensive restaurants.

Turkey detains 25 over deadly mine blast

Turkish authorities on Thursday detained 25 suspects including the director of a state-owned mine in northwest Turkey, after an explosion there this month killed 41 people, local media reported.

Energy giants' billions renew windfall tax debate

The billions in profits announced by TotalEnergies and Shell on Thursday have revived the debate over windfall taxes on the thriving energy giants.

Biden touts high-tech manufacturing resurgence ahead of midterms

President Joe Biden was traveling to New York on Thursday to tout giant investments in semiconductor manufacturing, part of a final hour bid ahead of midterm elections to persuade Americans that the economic future is bright.

US lawmakers urge bank chiefs to reconsider Hong Kong meeting

US lawmakers on Thursday asked executives of major banks to reconsider attendance at a major conference next week in Hong Kong, saying their presence legitimizes China's clampdown in the city.

US economy grows for first time this year in third quarter

The US economy rebounded in the third quarter, expanding for the first time this year in welcome news for President Joe Biden days ahead of midterm elections, government data showed Thursday.

ECB warns of 'looming recession' as it again hikes rates

The European Central Bank announced another jumbo interest rate hike on Thursday and said further increases would follow to combat soaring inflation, even as its president, Christine Lagarde, warned a eurozone recession was looming.

Israel, Lebanon strike 'historic' maritime border deal: US

Israel and Lebanon struck a US-brokered maritime border deal on Thursday, the White House announced, paving the way for lucrative offshore gas extraction by the neighbours that remain technically at war.

ECB unveils another jumbo rate hike to tackle inflation

The European Central Bank on Thursday rolled out another bumper rate hike to combat soaring inflation, despite growing concern that the eurozone is hurtling towards a painful recession.

N. Ireland moves closer to fresh elections over post-Brexit impasse

Northern Ireland on Thursday appeared headed for a second election this year after the leader of the pro-UK Democratic Unionist Party said his grouping had not changed its position on contentious post-Brexit trade rules.

Arizona Tribune - Economy (English)