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Featured

Spain's General Strike Links Housing Crisis to Lost Purchasing Power

Spain experienced its first nationwide general strike in 14 years as unions protested soaring housing costs and shrinking purchasing power. Transport and traffic were disrupted in several large cities, although unions and employer groups offered sharply different estimates of participation.

Euro-Area Inflation Reaches 4% as Energy Prices Jump

Euro-area annual inflation rose to an estimated 4% in October, with energy prices increasing 20.8% from a year earlier. Services inflation reached 3.3%, while food, alcohol and tobacco prices increased 1.6% and non-energy goods rose 1.2%.

Last news

Gold, bitcoin pull back from records as US stock markets slip

Gold prices and bitcoin hit all-time highs Tuesday before paring some gains, while a sell-off in some tech stocks led to a slump in many stock markets around the world.

Messi's promised Barca contract, on a napkin, up for auction

To the untrained eye, it might look like just another used napkin.

Karl Lagerfeld's Paris home up for auction

Karl Lagerfeld's Paris apartment will go up for auction with a guide price of 5.3 million euros ($5.8 million), the notary responsible for the sale said Tuesday.

Tesla German plant halts production after sabotage claimed by far-left group

Tesla halted production at its German factory Tuesday after power lines supplying the electric carmaker's only European plant were set on fire in an act of sabotage claimed by a far-left group.

Gold hits record peak on US rate cut hopes

The price of gold on Tuesday struck an all-time pinnacle, boosted by its haven status ahead of expected cuts to US interest rates amid growing economic gloom.

Chanel pays tribute to Coco's seaside beginnings

On the last day of Paris Fashion Week on Tuesday, Chanel took a trip to the seaside for a show dedicated to the place where its famous founder launched her first boutique.

Tesla's German plant halts production after suspected arson attack

Tesla halted production at its German factory Tuesday after assailants allegedly set fire to high-voltage lines nearby, cutting power to the US electric carmaker's only European plant, the company and authorities said.

Shady bleaching jabs fuel health fears, scams in W. Africa

In her quest for "fair skin", an Ivorian YouTuber recently visited a market stall in Abidjan to receive several injections promoted as containing whitening agents.

China's economic woes far from over, despite optimistic growth goal

China's economic troubles are far from over and leaders admit the country will face an uphill struggle in hitting its goals for 2024, piling on the pressure for stimulus and reforms that experts say are needed to reverse the malaise.

Chemicals giant Bayer rules out break-up 'for now' after huge loss

German chemicals giant Bayer vowed Tuesday to "urgently" address key challenges after plunging deep into the red in 2023, weighed down by woes related to its glyphosate-based weedkillers.

Asian markets mostly down as China sets 5 percent growth goal

Asian markets largely fell on Tuesday after China set an ambitious five percent annual growth target and Wall Street shares dropped ahead of the release of key US economic indicators.

Women battle on for equality in top business jobs

More women are taking top management jobs but inequality persists, with men still dominating business leadership roles, research showed ahead of International Women's Day on March 8.

Bezos dethrones Musk to reclaim title of world's richest man

Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index.

Trade, submarines feature at ASEAN talks in Australia

Australia unveiled plans to ramp up investment in Southeast Asia on Tuesday, setting aside US$1.3 billion to bolster trade in a region of rising economic might.

Asian markets mostly down as China sets 5% growth goal

Asian markets largely fell on Tuesday after China set a five percent annual growth target and Wall Street shares dropped ahead of the release of key US economic indicators.

China sets ambitious 5 percent growth target for 2024

China set on Tuesday a growth target of around five percent for 2024, an ambitious objective analysts said would be a challenge to meet given the severe headwinds battering the world's second-largest economy.

'Powerful and free': Black figure skaters take to the ice in New York

One by one, a line of young African American and biracial women dressed in ball gowns took to the ice in New York's Central Park to the soundtracks of "Barbie" and "Wonder Woman."

China's leaders set five percent growth goal, raise military budget in 2024

China will on Tuesday set a goal of five percent gross domestic product (GDP) growth and raise the military budget by over seven percent in 2024, an official copy of a government work report seen by AFP showed.

American Airlines orders 260 jets from Airbus, Boeing, Embraer

American Airlines unveiled a large order on Monday of narrow-body planes from European giant Airbus, Brazil's Embraer and Boeing, including a model from the US giant that has yet to be certified.

China's leaders to set growth goals as economic woes mount

China is set to unveil some of its lowest growth targets in decades when top Communist Party officials begin an annual meeting Tuesday, as the world's second largest economy faces dire headwinds.

France enshrines abortion as constitutional right in world first

The French parliament on Monday voted to anchor the right to abortion in the country's constitution, making France the first country in the world to offer explicit protection for terminating a pregnancy in its basic law.

Stock markets waver after Tokyo record

Global stock markets wavered on Monday even as Tokyo closed at an all-time high, while oil prices rose slightly before retreating after a decision by major crude producers to extend output cuts.

Germany braces for fresh rail, air travel strikes

Germany braced for more travel misery after unions on Monday called for renewed walkouts at Lufthansa and rail operator Deutsche Bahn, amid escalating rows over inflation-busting pay rises.

JetBlue, Spirit Airlines cancel merger after blocked by US court

JetBlue and Spirit Airlines formally pulled the plug Monday on their merger, about six weeks after a federal judge ruled it violated US antitrust law.

Stock markets waver, oil prices edge up

Global stock markets wavered on Monday but Tokyo closed at an all-time high, while oil prices rose slightly after a decision by major crude producers to extend output cuts.

Apple hit with 1.8-bn-euro EU fine for music streaming restrictions

The EU on Monday hit Apple with a 1.8 billion-euro-fine ($1.9 billion) for violating the bloc's laws by preventing music streaming services from informing users about subscription options outside of its App Store.

Tokyo stock market hits high; oil prices dip

Japan's benchmark Nikkei 225 stocks index closed above 40,000 points for the first time Monday, while oil prices dipped after major crude producers agreed to cut output for a while longer, as expected.

UK awaits voter-friendly budget before election

Britain's Conservative government unveils a pre-election budget Wednesday that could feature voter-friendly measures as Prime Minister Rishi Sunak's party badly trails main opposition Labour in polls.

ECB to hold rates again, awaiting clearer signs on inflation

The European Central Bank is expected to freeze interest rates again this week, with officials wary of starting to cut before they see more evidence that recent falls in inflation will be sustained.

Asian stocks rise on US gains ahead of key China policy meeting

Asian markets mostly rose Monday following US gains and ahead of a Chinese legislative session where Beijing's annual growth target and other key policies will be announced.

AI bot 'Jennifer' calling California voters for Congress hopeful

Jennifer spent her weekend calling California voters, urging them to cast their ballot in Tuesday's primary election for Democrat Peter Dixon.

Investor group raises bid for US retailer Macy's to $6.6 bn

An investor group that offered to buy the struggling US department store chain Macy's in December and was turned down said Sunday it has sweetened its bid.

Portugal Colonial - Economy (English)