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Oil falls ahead of US plan for economic war on Iran

Oil prices slipped after strong gains last week while stock markets faltered on Monday as investors awaited details of a US plan to impose massive economic pressure on Iran to end the Middle East war.

Millions of Teslas recalled in China over door handle safety

Tesla is recalling nearly three million cars in China with interior door handles that could hamper a person's ability to exit their vehicle in an emergency, Beijing's national market watchdog said.

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Abortion pill at the center of US Supreme Court case

A widely used pill is at the center of the latest legal battle in America's ongoing debate over abortion.

Strippers get bill of rights in US state

Strippers in the US state of Washington have won workplace protections after the governor signed a bill of rights putting them on the same leal footing as people in any other job.

Napoli 'stunned' after Acerbi racist probe dropped due to lack of evidence

Italian club Napoli said they were "stunned" after Italy's football federation (FIGC) on Tuesday dropped a probe into alleged racist comments made by Inter Milan's Francesco Acerbi to Napoli's Juan Jesus due to lack of evidence.

Vietnam appeals to US for 'market economy' status

Vietnam called Tuesday on the United States to recognize it as a market economy, saying stronger trade ties would benefit Washington in key areas as it seeks to diversify from China.

France's Macron heads to Amazon on three-day Brazil trip

French President Emmanuel Macron on Tuesday kicks off a visit to Brazil in the Amazon city of Belem, the host of 2025 UN climate talks, where he and Brazilian counterpart Luiz Inacio Lula da Silva will seek to reset frayed ties.

Stock markets mostly rise as US data comforts rate outlook

Global stock markets mostly rose Tuesday as US data comforted expectations that the Federal Reserve will be able to cut interest rates in the world's top economy.

Acerbi racist probe dropped due to lack of evidence

Italy's football federation (FIGC) on Tuesday dropped a probe into alleged racist comments made by Inter Milan's Italian international Francesco Acerbi to Napoli's Brazilian defender Juan Jesus due to lack of evidence.

Chinese EV giant BYD announces record annual profit for 2023

Chinese battery and automotive giant BYD achieved a record profit in 2023, annual results showed Tuesday, despite fierce competition in the country as demand for electric vehicles grows.

Baltimore bridge collapse sparks baseless attack theories

Conspiracy theorists said Tuesday that the Baltimore bridge collapse resulted from an intentional attack -- despite officials quickly saying there was no evidence of foul play.

Unilever eyes ice cream float in Amsterdam

British consumer goods giant Unilever is mulling an Amsterdam stock market flotation for its ice cream division, whose top-selling products include Ben & Jerry's and Magnum, according to CEO Hein Schumacher.

Karl Lagerfeld's Paris apartment sold for 10 millions euros

The futuristic Paris apartment of late fashion designer Karl Lagerfeld sold for 10 million euros ($10.8 millon) at auction on Tuesday, its notary said.

Baltimore residents shocked by bridge collapse

At the gas station convenience store where she works in the Baltimore area, Patricia Sisk regularly encounters harried commuters and stressed-out parents in the early morning hours.

BYD: Chinese electric vehicle giant with surging profits

China's BYD posted a record annual profit for 2023 on Tuesday, just months after surpassing Tesla to become the world's leading electric vehicle seller.

BBC eyes funding reform as further cuts loom

The BBC is looking at reforming its main source of funding in the light of a government freeze and inflationary pressures, director-general Tim Davie said on Tuesday.

Europe space telescope's sight restored after de-icing procedure

The vision of the Euclid space telescope has been restored following a delicate operation that successfully melted a thin layer of ice that had been clouding its sight, the European Space Agency announced on Tuesday.

Social media forces British royal family to adapt

Britain's royal family has been forced to radically change the way it communicates because of social media, after speculation ran riot about the health of Catherine, Princess of Wales.

'Hell and hope': How anti-system newcomer won Senegal's presidency

Hunched in his market workshop in a northern Dakar suburb, Cheikh Lo recounted why he had pinned all his hopes on Senegal's anti-establishment president elect Bassirou Diomaye Faye.

Ukraine ready to licence farm exports to assuage Poland: minister

Ukraine is ready to introduce export licences for its agricultural products to help address farmer anger in Poland, its agriculture minister told AFP, adding that he was "disappointed" by EU curbs on those goods.

Stock markets mostly rise before US data

European and Asian stock markets mostly rose and the dollar fell Tuesday ahead of US consumer data that could make clearer the outlook for interest rates in the world's top economy.

Big tech told to identify AI deepfakes ahead of EU vote

The EU called on Facebook, TikTok and other tech titans on Tuesday to crack down on deepfakes and other AI-generated content by using clear labels ahead of Europe-wide polls in June.

Strike-hit German rail operator agrees to 35-hour week

German rail operator Deutsche Bahn said on Tuesday it had agreed with the GDL union to shorten train drivers' working week, ending a months-long row that caused strikes across the country.

French deficit worsens to 'very rare' level

France's budget deficit overshot forecasts in 2023, official figures showed Tuesday, undermining President Emmanuel Macron's pledge to bring national finances back on track within the next four years.

Spain takes stake in Telefonica after Saudi deal concerns

Spain's government has acquired a three-percent stake in telecoms giant Telefonica following concerns over a Saudi firm taking a piece of a company that Madrid considers strategically important.

China says issued 'strong' complaint over Western hacking claims

China said it had issued a "strong" rebuke to the United States on Tuesday after Washington and two key allies accused Beijing of being behind a series of hacks into lawmakers and key democratic institutions.

Plunging births push Japanese diaper maker to switch to adult market

Japan's plummeting birth rate has led a diaper manufacturer to stop making them for babies at home and instead ramp up production for adults, the company said Tuesday.

Asian markets mixed as traders weigh US rate outlook

Asian stocks were mixed Tuesday as traders weighed the outlook for US interest rates ahead of the release of a key inflation reading.

Swiss chocolatiers bank on the Easter bunny as cocoa costs soar

Swiss chocolatiers have a battle on their hands as Easter rolls around, with surging cocoa prices sending their costs soaring and consumers cutting back as inflation hits their pockets.

Asian markets fluctuate as traders weigh US rate outlook

Asian stocks swung through the morning session Tuesday as traders weighed the outlook for US interest rates ahead of the release of a key inflation reading.

Ousted WeWork co-founder bids to buy company: reports

Ousted WeWork co-founder Adam Neumann recently bid more than $500 million to buy back the struggling office-sharing group, according to media reports Monday.

Senegal presidency winner says he is 'break' from establishment

Anti-establishment candidate Bassirou Diomaye Faye said Monday that Senegal's people had chosen to "break" with the current political system as he was set to become the youngest president in the country's history.

Geopolitical tensions boost oil prices on mixed day for global equities

Global stocks were mixed Monday, while oil prices advanced as escalations between Moscow and Ukraine raised questions over Russian oil production.

Deutsche Bahn and train drivers reach deal in wage dispute

Germany's Deutsche Bahn rail operator and the GDL train drivers' union have reached a deal in a wage dispute that has caused months of crippling strikes in the country, the union said on Monday.

Portugal Colonial - Economy (English)