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Stocks steady as US inflation worries ease, oil slips

Stock markets were mixed in thin summer trading Thursday, handing back earlier gains after investors welcomed further signs of easing US inflation that lessened the prospect of higher interest rates for the world's biggest economy.

Survivors tell of horror of Zimbabwe ferry sinking as death toll hits 46

A man who survived a ferry disaster that claimed at least 46 lives on Zimbabwe's Lake Kariba told AFP Thursday how he watched helplessly as people tried to save themselves, with his best friend and seven of his relatives among the dead.

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Tunisia U-turn on phosphate plant sparks anger in blighted city

The bedroom of 74-year-old Cherifa Attia smells like burnt rubber. The vast phosphate processing plant beside her home has been belching out toxic fumes into the atmosphere, blighting this Tunisian city.

Sama Achieves B Corp Recertification and Releases 2024 Impact Report

Company’s B Impact score climbed 19.9 points, while its 2024 initiatives cut carbon footprint 17.1%, shifted 23% of electricity to renewables, and deepened career-building programs for East African talent

Tech giants' net zero goals verging on fantasy: researchers

The credibility of climate pledges by the world's tech giants to rapidly become carbon neutral is fading fast as they devour more and more energy in the race to develop AI and build data centres, researchers warned Thursday.

Nvidia hits fresh record while global stocks are mixed

Global stocks were mixed Wednesday as markets weighed lingering worries about the Iran-Israel conflict while Nvidia surged to a fresh all-time high on bullishness over artificial intelligence.

Court rejects EDF complaint over Czech nuclear tender

A Czech court on Wednesday rejected a complaint filed by French energy group EDF over the bidding process that saw it lose out on a multibillion-dollar contract to build two additional reactors at a Czech nuclear plant.

Rubiales to appeal fine for Hermoso forced kiss

Disgraced former Spanish football federation chief Luis Rubiales will appeal at the Supreme Court the confirmation of his 10,800-euro fine for forcibly kissing Jenni Hermoso, his lawyer said on Wednesday.

Amazon tycoon Bezos arrives in Venice for lavish wedding

Amazon's billionaire founder Jeff Bezos and his fiancee Lauren Sanchez arrived in Venice on Wednesday ahead of their wedding, an event that has sparked protests in the Italian city.

Oil rebounds as markets track Iran-Israel ceasefire

Oil prices recovered slightly and European stock markets fell Wednesday as traders assessed whether the Israel-Iran ceasefire would endure.

Cable theft in north France disrupts Eurostar traffic

The theft of cables along train tracks in northern France on Wednesday disrupted Eurostar trips between London and Paris for a second day in a row, the company and French railway operator said.

Tesla sales skid in Europe in May despite EV rebound

Tesla sales sank again in Europe last month as rising competition and Elon Musk's ties to US President Donald Trump cut into demand despite a growing electric car market, industry figures showed on Wednesday.

Justice orders release of migrants deported to Costa Rica by Trump

A court on Tuesday ordered Costa Rican authorities to release foreign migrants locked up in a shelter after being deported by the United States, according to a resolution issued on the eve of a visit by the US secretary of homeland security.

Vietnam abolishes death penalty for spying, anti-state activities

Vietnam has abolished the death penalty for eight crimes including espionage, graft and attempting to overthrow the government, state media said Wednesday.

AI fakes duel over Sara Duterte impeachment in Philippines

Days after the Philippine Senate declined to launch the impeachment trial of the country's vice president, two interviews with Filipinos arguing for and against the move went viral.

UK carbon emissions cut by half since 1990: experts

The UK has cut its carbon emissions by 50.4 percent since 1990 levels, a group of experts tasked with advising the government said on Wednesday.

China's premier warns global trade tensions 'intensifying'

Chinese Premier Li Qiang warned on Wednesday that global trade tensions were "intensifying" as he addressed the opening ceremony of the World Economic Forum.

Stocks rally as Iran-Israel ceasefire holds, oil claws back some losses

Most equities extended a global rally Wednesday after Iran and Israel agreed to a ceasefire that ended more than a week of hostilities, while the dollar struggled to recover from a sharp drop stoked by bets on a US interest rate cut.

Saint Laurent kicks off Paris men's fashion week

Saint Laurent opened Paris Men's Fashion Week on Tuesday with a playful, 1970s-inspired collection, as the industry reels from the revolving door of creative directors and a diminished appetite for luxury goods.

Spain moves to strengthen power grid after huge April blackout

The Spanish government on Tuesday announced a package of measures to strengthen its power grid and support renewable energy in a bid to avoid a repeat of the huge April blackout.

Oil slides, stocks rise as Iran-Israel ceasefire holds

Oil prices sank and stock markets rose Tuesday as a ceasefire between Iran and Israel appeared to be taking hold after US President Donald Trump berated both countries for violating the truce.

US Fed chair signals no rush for rate cuts despite Trump pressure

US Federal Reserve Chair Jerome Powell told lawmakers Tuesday that the central bank can afford to wait for the impact of tariffs before deciding on further interest rate cuts -- despite President Donald Trump's calls to slash levels.

The billionaire and the TV anchor: Bezos, Sanchez's whirlwind romance

Their whirlwind romance began under a cloud of scandal, but now Lauren Sanchez, a former morning TV anchor with a love of flying, is set to wed Amazon founder Jeff Bezos, the world's fourth-richest person, in a Venice extravaganza.

The billionaire and the TV anchor: Bezoz, Sanchez's whirlwind romance

Oil slides, stocks rise as Trump says Iran-Israel ceasefire holds

Oil prices sank and stock markets rose Tuesday as US President Donald Trump said a ceasefire between Iran and Israel was taking hold after he berated both countries for violating the truce.

US Fed chair to signal no rush for rate cuts despite Trump pressure

US Federal Reserve Chair Jerome Powell will tell Congress Tuesday that the central bank can afford to wait for the impact of tariffs before deciding on further interest rate cuts -- despite President Donald Trump's calls to do so.

EU lawmakers vote to bar carry-on luggage fees on planes

European lawmakers pushed on Tuesday to ban airlines from charging passengers for small carry-on luggage in a move strongly opposed by the aviation sector.

Oil slides, stocks jump amid Iran-Israel ceasefire uncertainty

Oil prices sank and stock markets jumped Tuesday, even as uncertainty reined over a Israel-Iran ceasefire.

Ceasefire in Iran-Israel war takes hold

A fragile ceasefire in the Iran-Israel war appeared to be holding Tuesday, after 12 days of strikes that saw Israel and the United States pummel the Islamic republic's nuclear sites.

German budget plans outline vast spending - and record debt

Germany's government pledged Tuesday to make massive new investments by taking on record debt as it presented its budget plans with the aim of reviving the economy and building up the military.

Oil prices drop as Israel agrees to ceasefire proposal

Oil prices sank more than five percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a bilateral ceasefire with Iran.

UK aims to tackle Google dominance of online search

Britain's competition watchdog on Tuesday proposed measures aimed at tackling Google's dominance in online search, with the US tech giant warning that "punitive regulations" could impact UK economic growth.

World facing 'most complex' situation in decades: WEF

The world is facing the "most complex" geopolitical situation seen in decades, the head of the World Economic Forum (WEF) told AFP Tuesday, warning that turmoil was "impacting global growth".

Virgin Australia surges in market comeback

Virgin Australia climbed sharply as it re-entered the local share market Tuesday, a dramatic comeback from near bankruptcy more than four years ago.

Portugal Colonial - Economy (English)