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Featured

Cuba hit with seventh major blackout of the year

Cuba was plunged into its seventh massive blackout of the year on Friday, the energy ministry said, as fuel shortages bite on the US-blockaded island.

Nigeria miners struggled to breathe in cell before 37 died: survivors

Survivors of a Nigerian disaster that saw 37 suspected illegal gold miners die while in the custody of a paramilitary civil defence group recounted their panic on Friday as they struggled to breathe inside the cell.

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$Meloni takes over as Italian PM, urges fractious allies to unite$

Meloni takes over as Italian PM, urges fractious allies to unite

Far-right leader Giorgia Meloni took office Sunday as Italy's first woman prime minister, calling on the fractious members of her coalition government to unite as they face looming crises on several fronts.

Europe faces long-term pain from energy crisis: Shell CEO

Europe faces painful "industrial rationalisation" due to its energy crisis that risks political trouble, the head of Shell warned Sunday, as the oil giant joined a natural gas project in Qatar.

Verstappen leads tributes to Red Bull founder Mateschitz

Formula One world champion Max Verstappen led the tributes on Sunday to Red Bull founder Dietrich Mateschitz, who turned the energy drink into a worldwide success and pumped money into a title-winning F1 team and several football clubs.

Far-right Meloni takes over as Italy's first woman PM

Giorgia Meloni officially took over Sunday as Italy's first woman prime minister at the helm of the country's most right-wing government since World War II.

Underground life endures near Ukraine front

Sergiy Miliutin was meant to be handing out competition awards to children at a nuclear bunker instead of sitting at his desk dealing with emergencies as his south Ukrainian city slowly lost its lights.

Sunak makes second bid to become UK's first Hindu PM

Rishi Sunak looked set for at least several years in the political wilderness after helping topple ex-prime minister Boris Johnson but then losing to Liz Truss in the summer's Conservative leadership contest.

French chateaux brace for huge winter heating bills

Inside his French chateau on the riverbanks of the Loire, Xavier Leleve dreads to find out how much it will cost to heat the 12th-century building this winter.

Far-right Meloni to take over as Italy's first woman PM

Giorgia Meloni formally takes over as Italy's first woman prime minister on Sunday, a day after being sworn in as the leader of the country's most right-wing government since World War II.

Literature finds unlikely social media partner in TikTok

Best-selling German author Sarah Sprinz's series of young adult books has received a boost from an unlikely quarter: a community of literary enthusiasts on social media platform TikTok.

Afghan cyclists to race to raise 'alarm' over women's plight

For Afghan refugee cyclist Masomah Ali Zada, it will be a bittersweet moment. For the first time in five years, she will take part in the Afghanistan Women's Cycling Championships on Sunday, but not in Kabul.

Dietrich Mateschitz: Low-profile Austrian behind Red Bull empire

Austrian billionaire Dietrich Mateschitz, who died Saturday at the age of 78, built a sports and media empire around his Red Bull energy drink, ensuring its global fame and wide-reaching legacy.

Berlin rally for Iran draws 80,000

Some 80,000 people joined a Berlin rally Saturday in solidarity with women-led protests in Iran sparked by the death in custody of Mahsa Amini, a police spokesman told AFP.

Spanish soccer star Garcia 'glad to pay more tax to help out'

Athletic Bilbao forward Raul Garcia agrees with the Spanish government's plan to impose a temporary tax on the richest people in the country.

'Too late': Escape routes close on Ukraine's new front

The newborn peeking out of a pink blanket in a hospital on the north bank of Ukraine's Dnieper river may never see her grandparents back home in the Russian-occupied south.

A spate of drownings: Classes help Black Americans learn to swim

Ten-year-old Aiden Reed had reason to be a little nervous as he dipped into a swimming pool in Washington.

Infantino says broadcasters offer '100 times less' for Women's World Cup

FIFA president Gianni Infantino on Saturday criticised television broadcasters who have offered "100 times less" to screen the Women's World Cup compared to the men's.

UK's Sunak qualifies for PM race as Johnson eyes comeback

British Conservative politician Rishi Sunak late Friday reached the minimum threshold to run for party leader, as former prime minister Boris Johnson targeted an audacious comeback.

Mordaunt enters Tory race as Johnson eyes comeback as PM

Britain's divisive former leader Boris Johnson on Friday received heavyweight Conservative backing to stage a sensational comeback following the resignation of Prime Minister Liz Truss.

Pro-Draghi League moderate named Italy economy minister

Giancarlo Giorgetti, named Italy's new economy minister on Friday, is considered one of the more moderate, pro-Europe members of Matteo Salvini's League party.

India's Reliance reports mixed results as taxes hurt oil business

Indian conglomerate Reliance Industries reported mixed quarterly results on Friday, with weakness in its core oil-refining business hurting profits even as its retail and telecom arms posted strong earnings.

Mordaunt enters Tory race as Johnson eyes comeback for PM

Britain's divisive former leader Boris Johnson on Friday received heavyweight Conservative backing to stage a sensational comeback following the resignation of Prime Minister Liz Truss.

Pound sinks on UK political chaos

The British pound sank against the dollar Friday on political uncertainty after the resignation of UK Prime Minister Liz Truss, while weak economic data added to the turmoil.

UK reports further bleak economic data

UK government borrowing surged and retail sales slumped in September, official data showed Friday, dealing a further economic blow to a country in political crisis.

Google fined $162 mn by Indian watchdog over market dominance

Google has been fined more than $160 million by India's anti-trust watchdog after a probe found the tech behemoth was abusing its commanding position in the local smartphone market.

Dollar extends gains on Fed rate hike expectations

The dollar extended gains Friday on expectations the Federal Reserve will press ahead with its programme of bumper interest rate hikes for the rest of the year.

Homegrown superheroes: Meet the US Robin Hoods battling inflation

There is no such thing as a free lunch, economists chide, but one alternative store in the southern US city of Atlanta is offering the next best thing to those struggling with spiraling prices.

Brazil's dirty campaign: a disinformation guide

Brazil's election campaign has been an orgy of mudslinging, social media attacks and outright lies so outlandish they are sometimes comical.

US airlines cheer travel boost from shift to hybrid work

US airlines say they are reaping the benefits of a growing trend of hybrid work that allows employees to travel more frequently as Covid-19 restrictions ebb.

Ukraine warns Russia planning to destroy hydro dam

Kyiv accused Russia on Thursday of planning to destroy a hydropower plant in the eastern Kherson region, where Ukrainian soldiers have been steadily advancing and Moscow-installed authorities have begun evacuations.

Yen sinks to new low as British pound briefly surges after Truss exit

The yen sank to a new 32-year low Thursday against the dollar, while the pound briefly rallied after British Prime Minister Liz Truss announced her resignation following a brief crisis-filled tenure.

Dan Smith, American activist and son of a slave, dead at 90

Dan Smith, an American civil rights activist and son of a former slave has died aged 90, his wife told AFP Thursday.

Shortest-serving PM in history leaves scars on economy

Truss' attempt to boost growth in a recession-threatened economy was fuelled by eye-watering levels of debt, damaging her government's credibility on financial marketsLiz Truss, the shortest serving prime minister in UK history, leaves lasting scars on the economy after her botched budget rocked markets, spiked borrowing costs and tanked the pound.

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Arizona Tribune - Economy (English)