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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

Europe stocks rise on US tech results, before key data

European equities rose Friday as investors digested bright tech earnings and awaited key US jobs data.

Public transport walkout hits strike-battered Germany

Public transport workers across Germany walked off the job on Friday in the latest industrial action to buffet Europe's top economy.

China economic slowdown to persist through 2028: IMF

China's economic slowdown is likely to persist in the coming years as the Asian giant struggles with sagging productivity and a rapidly aging population, the International Monetary Fund (IMF) said Friday.

Most markets advance after tech-fuelled Wall St surge

Stock markets rose Friday, tracking a surge on Wall Street fuelled by bargain-buying from the previous day's sell-off, while strong earnings from tech titans soothed worries about the impact of higher interest rates on bottom lines.

Asian markets advance after tech-fuelled Wall St surge

Asian markets rose Friday, tracking a surge on Wall Street fuelled by bargain-buying from the previous day's sell-off, while strong earnings from tech titans soothed worries about the impact of higher interest rates on bottom lines.

Asian markets rally after tech-fuelled Wall St surge

Asian markets rallied Friday, tracking a surge on Wall Street fuelled by bargain-buying from the previous day's sell-off, while strong earnings from tech titans soothed worries about the impact of higher interest rates on bottom lines.

UK teens face sentencing over killing trans girl

Two teenagers in Britain will be sentenced on Friday for murdering a 16-year-old transgender girl in a "frenzied and ferocious" knife attack.

Latin artists marginalized at Grammys... again

Each time the nominations for a showbiz awards show are rolled out, there are accusations of "snubs" -- but the Recording Academy's history of sidelining Latin music artists seems more pattern than fluke.

Amazon results beat expectations after record holiday sales

Online retail giant Amazon on Thursday said sales jumped to a more-than-expected $170 billion in the last quarter of last year, after a record-beating holiday season.

Shake, rattle and launch: Dream Chaser spaceplane passes vibration test

Sierra Space's shuttle-like Dream Chaser has been put through its paces at a powerful NASA vibration facility that mimics conditions during launch and atmospheric reentry, officials said Thursday ahead of its planned first flight to the ISS this year.

Bob Beamon's 'jump of the century' Olympic gold sells for $441,000

US long jumper Bob Beamon parted with the Olympic gold medal he won at the 1968 Mexico City summer games leaping 29 feet -- the standing Olympic record -- for $441,000 on Thursday.

US stocks rebound after Fed rate disappointment

Wall Street rebounded on Thursday as shares in US tech titans rose after a selloff that was sparked by the US Federal Reserve dousing hopes of an imminent interest-rate cut.

Netflix unveils 2024 slate led by sci-fi from 'Thrones' creators

Netflix is betting on its ambitious new sci-fi series from the creators of "Game of Thrones" to help extend its streaming dominance in 2024, as the company unveiled a sprawling TV and film lineup Thursday.

Hundreds of farmers protest at Greek agriculture fair

Hundreds of Greek farmers on Thursday converged on the country's second city Thessaloniki to demand aid increases, as similar protests gather pace across Europe.

Shares in banking giants BNP, ING fall despite hefty profits

Shares in European banking giants BNP Paribas and ING tumbled on Thursday as disappointing fourth-quarter results took the shine off bumper annual profits.

France offers cash and support to protesting farmers

France's government offered a slew of new concessions Thursday to farmers, hoping to calm anger behind tractor blockades of major roads nationwide.

Farmers take protest to EU leaders

European farmers took their growing protest over low prices and the threat of competition from South American agri-food importers to Brussels on Thursday, clogging the streets with 1,300 tractors as EU leaders met for a summit.

Bank of England freezes rate as inflation stays high

The Bank of England froze its key interest rate Thursday for a fourth meeting in a row, matching US Federal Reserve policy, as high inflation prevents cuts to borrowing costs.

Stock markets stumble as Fed crushes March rate cut hope

Most Asian and European stock markets fell Thursday following a Wall Street selloff, after the US Federal Reserve poured cold water on hopes for a March interest-rate cut.

EU strikes 50-bn-euro Ukraine aid deal

EU leaders on Thursday struck a deal with Viktor Orban to get 50 billion euros in financial aid to Ukraine, overcoming the Hungarian leader's veto with surprising speed at a crunch summit in Brussels.

Eurozone inflation slows to 2.8% in January

Eurozone inflation fell in January due to a slowdown in food price increases, official data showed Thursday, but the drop was more modest than expected by analysts.

French teachers strike, upping pressure on embattled minister

Teachers were striking across France on Thursday for better pay and conditions, increasing pressure on the embattled education minister who has been embroiled in a series of controversies.

Shell profit tumbles on lower oil prices

Shell said Thursday that its net profit more than halved to $19.4 billion in 2023 on lower energy prices, after rocketing to a record peak the previous year following the Ukraine conflict.

Deutsche Bank to cut jobs after drop in 2023 profit

Germany's biggest lender Deutsche Bank on Thursday announced plans to slash 3,500 jobs as part of a major cost-cutting drive after its net profit fell in 2023.

Most Asian markets retreat as Fed crushes March rate cut hope

Most Asian equities fell Thursday, tracking a sell-off on Wall Street after the Federal Reserve poured cold water on hopes for a March interest rate cut.

Big Grammy year for women nominees spotlights industry progress

Musicians and critics alike have long accused Grammy voters of ignoring the work of female artists -- but this year, it's highly probable that women will take home the night's top prizes.

Brazil's Lula still losing digital battle to Bolsonaro

Wearing a blue shirt with the sleeves rolled up, President Luiz Inacio Lula da Silva smiles as he gushes on his love of Brazilian music, and then segues into a barstool-style dissertation on football.

Facebook, the social network old-timer, turns 20

A simple hangout spot for young people when it arrived on the scene 20 years ago, Facebook has since become a battle-hardened behemoth with an insatiable appetite for your attention.

Cuba delays 500% fuel price hike over 'cybersecurity' incident

Cuba's government on Wednesday delayed a planned 500 percent surge in the fuel price after a "cybersecurity incident," an economy ministry official said.

US lawmakers win apology from Zuckerberg in tech grilling

Meta CEO Mark Zuckerberg gave a public apology in US Congress on Wednesday as hostile lawmakers grilled tech chiefs over the dangers that children face on social media platforms.

eBay to pay $59 mn for selling pill-making equipment: US govt

Online marketplace eBay will pay $59 million in a settlement over US government allegations that equipment that can be used to manufacture illegal drugs was sold on its website, the Justice Department said Wednesday.

Argentina lawmakers debate Milei's hefty reform package

Argentina's lower house of Congress on Wednesday began what is expected to be a marathon debate on President Javier Milei's mega-bill to reform the economy, politics and even some aspects of private life.

Portugal Colonial - Economy (English)