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NASA satellite rescue mission fails

A complicated mission to save a NASA satellite from burning up in the atmosphere has failed, the US space agency said Wednesday, as the rescue spacecraft could not be controlled.

Many US Fed policymakers back interest rate hikes if inflation stays high

Many US Federal Reserve policymakers believe that interest rate hikes will be necessary if inflation does not decline, minutes of their July meeting showed on Wednesday, firming up expectations of monetary policy tightening on the horizon.

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Stocks, dollar mixed on Trump tariff warning

Choppy trading hit stock markets on Tuesday as investors digested Donald Trump's warning that he would impose huge new tariffs on China, Mexico and Canada when he takes over as US president in January.

Stocks retreat, dollar mixed on Trump tariff warning

Stock markets retreated and the dollar was mixed Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada immediately on taking over as US president in January.

No regrets: Merkel looks back at refugee crisis, Russia ties

Germany's former chancellor Angela Merkel gives a spirited defence of her 16 years at the helm of Europe's top economy in her memoir "Freedom", released in 30 languages on Tuesday.

Laos hostel staff detained after backpackers' deaths

Police in Laos have detained the manager and seven staff of a backpacker hostel in Vang Vieng following the deaths of six tourists from suspected methanol poisoning, state media reported Tuesday.

China's Huawei unveils 'milestone' smartphone with homegrown OS

Chinese tech giant Huawei on Tuesday unveiled its first smartphone equipped with a fully homegrown operating system, a key test in the firm's fight to challenge the dominance of Western juggernauts.

Equity markets retreat, dollar gains as Trump fires tariff warning

Stock markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a more moderate approach to trade policy.

China's Huawei launches 'milestone' smartphone with homegrown OS

Chinese tech giant Huawei on Tuesday launched its first smartphone equipped with a fully homegrown operating system, a key test in the firm's fight to challenge the dominance of Western juggernauts.

US lawmakers warn Hong Kong becoming financial crime hub

US lawmakers urged the government Monday to rethink banking ties with Hong Kong, citing its "increasing role" in money laundering, sanctions evasions and reported funneling of banned technology to Russia.

Compressed natural gas vehicles gain slow momentum in Nigeria

Car mechanic Adebola Omotosho has to drive eight kilometres across Nigeria's bustling commercial hub Lagos to fill his tank with compressed natural gas.

Plastic pollution talks: the key sticking points

Nations gathered in Busan, South Korea have a week to agree the world's first treaty to curb plastic pollution, a gargantuan challenge given the major divisions that remain.

Indonesia rejects Apple's $100 million investment offer

Indonesia has rejected an Apple $100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the "fairness" required by the government.

China's Huawei to launch 'milestone' smartphone with homegrown OS

Chinese tech giant Huawei will on Tuesday launch its first smartphone equipped with a fully homegrown operating system, a key test in the firm's fight to challenge the dominance of Western juggernauts.

Hong Kong top court affirms housing, inheritance rights for same-sex couples

Hong Kong's top court ruled Tuesday to affirm housing and inheritance entitlements for same-sex couples, siding against the government in favour of LGBTQ rights protection.

Most Asian markets drop, dollar gains as Trump fires tariff warning

Asian markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a more moderate approach to trade policy.

US-Google face off as ad tech antitrust trial comes to close

Google and the US government faced off in a federal court on Monday, as each side delivered closing arguments in a case revolving around the technology giant's alleged unfair domination of online advertising.

Brazil minister says supports meat supplier 'boycott' of Carrefour

Brazil's agriculture minister on Monday threw his support behind national meat suppliers that have halted deliveries to Carrefour supermarkets in a growing row related to Mercosur trade negotiations.

Steelmaker ArcelorMittal to close two plants in France: unions

ArcelorMittal, the world's second-biggest steelmaker, plans to close two plants in northern France, which together employ more than 130 people, unions said on Monday.

Macy's says employee hid up to $154 mn in costs over 3 years

Macy's disclosed Monday that an employee had hidden up to $154 million in expenses through false accounting entries over more than three years.

Awaiting Commerzbank, Italy's UniCredit bids for Italian rival

With its plans for Germany's Commerzbank seemingly stalled, UniCredit, Italy's second-largest lender, launched Monday a bid to buy its rival BPM for 10.1 billion euros ($10.6 billion).

Stocks push higher on Trump's 'steady hand' for Treasury

Stocks rose Monday on both sides of the Atlantic as traders welcomed Donald Trump's pick for Treasury secretary, seen as a reassuring choice promising ambitious goals to spur growth in the world's biggest economy.

Chanel family matriarch dies aged 99: company

Eliane Heilbronn, mother of the secretive owners of luxury group Chanel, has died aged 99, the company said on Monday.

British business group hits out at Labour's tax hikes

British business lobby group, the CBI, on Monday hit out over the Labour government's tax hikes on firms, saying the "heavy burden" risked cuts to hiring and investment.

Maximum term sought in French mass rape trial for husband who drugged wife

French prosecutors on Monday demanded a maximum 20-year jail term for the man charged with enlisting dozens of strangers to rape his heavily sedated wife, in a trial that has shaken France.

Beeches thrive in France's Verdun in flight from climate change

An assisted migration of beech trees in need of protection from climate change is bearing its first fruits in France after 13 years, with saplings now gracing the former World War I battlefield of Verdun.

Deep divisions on display at plastic pollution treaty talks

A final round of talks on a treaty to curb plastic pollution opened on Monday, with deep differences between nations emerging almost immediately.

Equity markets mostly on front foot, as bitcoin rally stutters

Major stock markets mostly rose Monday as traders welcomed Donald Trump's pick for Treasury secretary, while bitcoin's push to $100,000 ran out of steam after coming within a whisker of the mark last week.

Maximum term demanded in French rape trial for husband who drugged wife

French prosectors said on Monday they were seeking the maximum 20-year jail term for the man charged with enlisting dozens of strangers to rape his heavily-sedated wife, in a trial that has shaken France.

Le Pen threatens to topple French government over budget

French far-right figurehead Marine Le Pen on Monday threatened to back a no confidence motion that could topple the government of Prime Minister Michel Barnier in a standoff over the budget, saying after talks both sides were entrenched in their positions.

Equity markets mostly on front foot, bitcoin rally stutters

Most markets rose Monday following a record close on Wall Street as traders welcomed Donald Trump's pick for Treasury secretary, while bitcoin's push to $100,000 ran out of steam after coming within a whisker of the mark at the end of last week.

Asian markets mostly on front foot, bitcoin rally stutters

Most Asian markets rose Monday following a record close on Wall Street as traders welcomed Donald Trump's pick for Treasury secretary, while bitcoin's push to $100,000 ran out of steam after coming within a whisker of the mark at the end of last week.

Donkeys offer Gazans lifeline amid war shortages

Amina Abu Maghasib's livelihood rests on one animal: a donkey that pulls the cart she uses to transport people around Gaza, where more than a year of war has led to a widespread shortage of fuel for cars.

Asian markets begin week on front foot, bitcoin rally stutters

Asian markets rose Monday following a record close on Wall Street as traders welcomed Donald Trump's pick for Treasury secretary, while bitcoin's push to $100,000 ran out of steam after coming within a whisker of the mark at the end of last week.

Portugal Colonial - Economy (English)