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Featured

Iran activates air defences as Trump faces congressional deadline

Tehran's air defences were activated to counter small aircraft and drones late Thursday, as the White House signalled that it will not be reined in by a congressional deadline on the Iran war.

Crude edges up after wild swing, stocks track Wall St rally

Oil prices edged up Friday after the previous day's wild swings, with investors awaiting the next move in the Middle East crisis, while stocks rose in holiday-thinned trade following a tech-led record day on Wall Street.

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Men's fashion back to old normal in Paris

It is back to the old ways for men's fashion week, which kicks off in Paris on Tuesday, with the last pandemic-era restrictions cleared and the surprise return of Hedi Slimane of Celine, who had previously called official fashion shows "obsolete".

Air industry recovery gathering pace despite uncertainty: IATA

Air passengers are expected to hit 83 percent of pre-pandemic levels this year and the aviation industry's return to profit is "within reach" in 2023 despite ongoing uncertainty, the International Air Transport Association said on Monday.

Stock markets mixed as recession worries persist

Markets were mixed Monday having pared earlier losses but sentiment continues to be clouded by fears that central bank moves to rein in soaring inflation will induce a recession.

Bankrupt Sri Lanka opens IMF talks, begins shutdown

Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund opened talks with Colombo on a possible bailout.

Yours sincerely: singles charmed by Japan letter-writing scheme

Sick of swiping and tired of Tinder? Old-fashioned love letters may be the answer, says one Japanese city whose unusual matchmaking scheme has been a surprising success.

Asian markets, oil prices extend losses on recession worries

Asian markets fell again Monday and oil prices extended losses on growing fears that central bank moves to rein in soaring inflation will induce a recession.

Japan judo hits crisis point as bullied, burnt-out children quit

Japan is the home of judo but a brutal win-at-all-costs mentality, corporal punishment and pressure to lose weight are driving large numbers of children to quit, raising fears for the sport's future in its traditional powerhouse.

China's mass testing mantra is building a waste mountain

Hazmat-suited workers poke plastic swabs down millions of throats in China each day, leaving bins bursting with medical waste that has become the environmental and economic levy of a zero-Covid strategy.

Britain set for biggest rail strike in decades

Britain's railway network this week faces its biggest strike action in more than three decades in a row over pay as soaring inflation erodes earnings.

Sao Paulo's LGBTQ parade calls for Brazilians to 'vote with pride'

Several hundred thousand people marched Sunday in Sao Paulo's annual LGBTQ Pride parade under the slogan "vote with pride, for policies that represent us" -- a reference to Brazil's upcoming presidential election.

Spanish PM thrashed in Andalusia regional election

Spain's main opposition Popular Party secured a landslide win in a regional election in Andalusia on Sunday, partial official results showed, dealing a blow to Socialist Prime Minister Pedro Sanchez ahead of a national vote expected at the end of 2023.

Spanish PM set for drubbing in Andalusia regional election

Spanish Prime Minister Pedro Sanchez's Socialists appeared to have suffered a drubbing in a regional vote in Andalusia on Sunday ahead of a national election expected at the end of next year.

'Jurassic' is again top draw in N.American theaters

"Jurassic World Dominion" again stomped to the top on North American movie screens this weekend, while new release "Lightyear" didn't quite make it to infinity, or beyond.

Italy's Eni joins giant Qatar gas project after Russian cuts

Italian company Eni on Sunday joined Qatar Energy's project to expand production from the world's biggest natural gas field, days after Russia slashed supplies to Italy.

Uyghur-heritage candidate urges Japan to 'embrace diversity'

Arfiya Eri is a young, female, multilingual former United Nations official, all of which would already help her stand out as a Japanese political candidate, but she is also of Uyghur heritage.

Layoffs and exits: Firms in China teeter under zero-Covid pressure

Fiona Shi lost her job twice during the pandemic -- first, in 2020 when Covid ravaged the travel industry, and then this year as China's strict virus controls hammered businesses in the world's number two economy.

Central banks walk inflation-recession tightrope

Central banks have ramped up their battle against runaway inflation, a necessary remedy that could have the adverse side effect of tipping countries into recession, analysts say.

Store workers vote to form first US Apple union

A majority of employees at a US Apple store have voted to form the tech giant's first union, in the wake of similar unionization drives at Starbucks and Amazon locations.

Warehouse business catches fire, boosted by pandemic, e-commerce

The rise of e-commerce and the logistical nightmare created by the Covid-19 pandemic have caused a surge in demand for warehouse space in the United States, and big investment funds have taken note.

Apple store workers vote to form their first US union

A majority of employees at a US Apple store have voted to form a union, a first for the tech giant, which has so far tried to discourage unionizing attempts.

US approves Covid vaccines for youngest kids

US health authorities on Saturday cleared the Pfizer and Moderna Covid-19 vaccines for children aged five and younger, in a move President Joe Biden greeted as a "monumental step" in the fight against the virus.

Lunch with Warren Buffett goes for a whopping $19 mn ... tip included?

Talk about an expensive date: a mystery bidder will be spending a record $19 million for the right to have lunch with legendary American investment guru Warren Buffett.

Bitcoin plunges below $20,000

Bitcoin plunged below $20,000 on Saturday, shedding nine percent from the previous day to fall to $18,740, its lowest level since December 13, 2020.

Another suspect detained in British journalist's killing in Brazil

A suspect in the killing of British journalist Dom Phillips and his Brazilian guide turned himself into police early Saturday, officials said, a day after investigators confirmed that remains found buried in the Amazon were those of Phillips.

Thousands join Singapore gay rights rally

Thousands of Singaporeans dressed in pink gathered at a park Saturday calling for greater recognition of LGBTQ rights, the first such rally since 2019 after coronavirus restrictions were eased.

One dead in Shanghai chemical plant explosion

Huge clouds of black smoke billowed over Shanghai from multiple fires at a chemical plant Saturday that left at least one dead, according to state media and eyewitness video obtained by AFP.

Street art in Montreal is writ large

A mysterious creature playing piano, a white tiger baring its fangs, and a huge Batgirl: dozens of artists are busy this June painting giant frescoes for the tenth edition of Montreal's Mural festival.

No petrol, no cars: Cubans turn to electric transport

There is a new sight on the streets of Havana: increasing numbers of electric vehicles whizzing among the old American cars so emblematic of the Cuban capital.

SpaceX fires workers behind letter criticizing Musk

Elon Musk's SpaceX has fired several employees behind a letter critical of the outspoken billionaire's public behavior, the aerospace firm said in a message to staff confirmed by AFP on Friday.

US stocks end rocky week lower ahead of holiday

New York equities ended a rocky week mostly higher on Friday but lower for the week amid worsening fears of recession as the US central bank takes aggressive action against inflation.

Deal reached on US 5G antennas near airports: FAA

The Federal Aviation Authority said Friday that mobile operators AT&T and Verizon have reached an agreement with airlines for the gradual deployment of additional 5G antennas around US airports.

Poles carpet streets with flowers for Corpus Christi

Katarzyna Kaczmarek carefully arranges petals on the pavement in front of her house -- part of a long colourful flower carpet snaking its way through her village of Spycimierz in central Poland.

Arizona Tribune - Economy (English)