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Thousands expected at Sweden climate demo as election looms

Around 10,000 people are expected to turn out for a climate demonstration in Stockholm on Sunday, according to Swedish police and organisers, just weeks ahead of a general election where the issue is among voters' top concerns.

Macron hosts Saudi's MBS for visit ranging from esports to Mideast

French President Emmanuel Macron welcomes Saudi crown prince and de facto ruler Mohammed bin Salman on Sunday for a two-day visit set to range from esports to the war in the Middle East.

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Asian stocks build on Wall St records after US inflation data

Asian traders extended a rally across world markets Thursday as they welcomed figures showing US inflation slowed further last month, tempering concerns about the Federal Reserve's forecast of just one interest rate cut this year.

G7 eyes Ukraine funding plan at Italy summit

G7 leaders gather Thursday for the first day of an Italy summit, seeking to seal a deal on using frozen Russian assets to help war-torn Ukraine.

Tesla in last-minute shareholder sprint for huge Musk pay package

Electric vehicle company Tesla kept up the campaign to win last-minute votes ahead of a Thursday shareholder meeting that will weigh in on CEO Elon Musk's giant compensation package.

'Hurricane hunters:' calm science pilots in eye of the storm

When Hurricane Sally slammed coastal Florida in 2020, US pilot Dean Legidakes was aboard a scientific aircraft flying directly into the storm's core.

US Fed holds interest rates, now sees just one cut this year

The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.

S&P 500, Nasdaq at records despite Fed seeing fewer rate cuts in 2024

European and US stocks mostly rose Wednesday after data showed US inflation slowed in May, with Wall Street indices holding onto records even after the Federal Reserve projected fewer interest rate cuts in 2024.

Transgender swimmer Lia Thomas loses legal case over ban

US transgender swimmer Lia Thomas has had a legal case against World Aquatics dismissed by the Court of Arbitration for Sport, swimming's governing body said on Wednesday.

Argentine police pepper spray protesters opposed to Milei reforms

Argentine police used pepper spray Wednesday on demonstrators outside Congress, where lawmakers debated a swath of liberalizing reforms proposed by budget-slashing President Javier Milei.

US Fed holds rates and pencils in just one cut this year

The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March.

Ford says to cut 1,600 more jobs at Valencia factory

US carmaker Ford on Friday said it would seek to cut another 1,600 jobs at its factory near Valencia in eastern Spain, where it already axed 1,100 positions last year.

'Flying taxis' to be tested during Paris Olympics: minister

France's transport minister said Wednesday that so-called "flying taxis" -- large futuristic drones capable of transporting several people -- would be authorised for use on an experimental basis during the Paris Olympics.

FedEx to cut up to 2,000 jobs in Europe

FedEx will eliminate up to 2,000 jobs in Europe as part of a cost-cutting drive in response to lackluster demand, the shipping company announced Wednesday.

Stock markets jump as US inflation cools, with eyes on Fed

Stock markets surged Wednesday after data showed US inflation slowed in May, raising hopes the Federal Reserve will cut interest rates later this year.

France's SNCF to offer high-speed passenger links in Italy

French national rail operator SNCF said Wednesday it planned to offer high-speed passenger services in neighbouring Italy from 2026, competing with rival Trenitalia on its home turf.

US consumer inflation falls ahead of Fed interest rate decision

Fresh US consumer inflation data published Wednesday is unlikely to sway the Federal Reserve's plans to leave its key lending rate unchanged, but could alter how many rate cuts policymakers pencil in for this year.

US consumer inflation falls before Fed interest rate decision

US consumer inflation continued to cool last month, according to US government data published Wednesday, giving the US Federal Reserve some positive news shortly before it publishes its latest interest rate decision.

Olympic anti-racism icon Tommie Smith sees no successors

Famed Olympics protestor Tommie Smith believes modern athletes are less political than before despite the need to continue fighting racism, including in the United States where it "could not get any worse".

European stock markets rebound as focus switches to US

European stock markets rebounded slightly and leading Asian indices closed mixed Wednesday, as attention turned to upcoming US inflation data and the Federal Reserve's interest-rate decision.

Athens Acropolis closes as Greece bakes in heatwave

The Athens Acropolis, Greece's most visited tourist site, was closed to the public during the hottest hours of Wednesday because of a heatwave sweeping the country.

France mourns loss of 1960s icon Francoise Hardy

France mourned the loss of a singular voice and a legend of French song on Wednesday, as the death of Francoise Hardy took one of the last icons of its 1960s heyday.

Pope Francis to weigh in on 'ethical' AI at G7 summit

Pope Francis will address G7 leaders on Friday on artificial intelligence, an unprecedented appearance that reflects the Vatican's growing interest in the new technology, its risks and rewards.

From swamp to sponge: Berlin harnesses rain in climate shift

In two years' time, a massive hole in the heart of Berlin will become the German capital's biggest reservoir, capturing an increasingly precious resource -- water.

Nigeria's dyed cloth traders feel heat from China, inflation

Despite the rain pelting Balogun market in Lagos, Ajoke takes her time choosing the tie-dye fabric known as adire that she wants to give as a gift.

Asian markets stutter as investors fret ahead of US releases

Worries about upcoming US inflation data and the Federal Reserve's outlook for interest rates permeated Asian trading floors Wednesday, while the euro continued to struggle owing to political uncertainty in Europe fuelled by shock EU election results.

ChatGPT a mentor for Japan's 89-year-old app developer

Japanese 89-year-old Tomiji Suzuki started coding in retirement and is now making apps for the fast-growing elderly demographic, using ChatGPT to fine-tune his skills.

Oil and gas industry hops on generative AI bandwagon

Away from the Microsoft and Googles of the world, a century-old industry -- oil and gas -- is hoping that generative artificial intelligence will make producing petroleum more efficient and easier on its workforce.

European stocks retreat on political unease as Apple lifts Nasdaq to record

European stock markets and the euro tumbled Tuesday amid heightened political uncertainty following weekend election results that bolstered far-right parties, while a rally in Apple shares lifted US stocks to fresh records.

Mexican president-elect says investors have nothing to fear

Mexican president-elect Claudia Sheinbaum said Tuesday that investors had nothing to fear from proposed judicial reforms that have rattled confidence in Latin America's second-largest economy.

European stocks, euro extend losses on hazy political horizon

European stock markets and the euro tumbled further Tuesday as investors faced weeks of political uncertainty after far-right gains in EU Parliament elections that sparked early elections in France.

World Bank upgrades global growth outlook on resilient US economy

The World Bank raised its global growth outlook on Tuesday on the back of resilient consumer spending in the United States, but warned that growth remains weak by historical standards.

European stocks, euro extend losses on political turmoil

European equities and the euro extended a sell-off Tuesday, fuelled by EU political uncertainty, while Asian markets also took a hit as investors looked ahead to inflation data and an interest rate decision in the United States.

French bosses fear far right's vague economic plans

French business leaders have been pitched into fresh uncertainty by snap elections called by President Emmanuel Macron that risk strengthening the far right.

Portugal Colonial - Economy (English)