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Featured

US shows strong job growth in August in boon to Trump

The US job market registered strong growth in August, government data showed on Friday, outperforming expectations and offering President Donald Trump's Republican Party a boost ahead of upcoming midterm elections.

US safety regulator probes Tesla's Cybercab

US auto safety regulators have opened an inquiry into Tesla's driverless Cybercab, questioning how the company concluded that a vehicle with no steering wheel, pedals or mirrors meets federal safety rules.

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French economy minister 'worried' by British 'disaster'

France's economy minister said Friday that he was worried by the financial turbulence in Britain, criticising Prime Minister Liz Truss's economic policies for causing a "disaster" of high borrowing rates for her country.

Markets mixed after sell-off, sterling edges up after recovery

Markets in Asia and Europe were mixed Friday after another tough day on US trading floors, with inflation continuing to soar and central bankers getting increasingly hawkish in their attempts to bring prices under control.

Most markets drop again but sterling edges up after recovery

Most markets sank Friday after another tough day on US trading floors, with inflation continuing to soar and central bankers getting increasingly hawkish in their attempts to bring prices under control.

Genies not genius: Turkey's low-budget horror flicks boom

Kneeling before a chalk star outside his tumbledown house, an old man performs a ritual to rid himself of evil spirits -- which many superstitious Turks believe exist.

Victoria Beckham caps French makeover with Paris debut

Having turned to French experts to overhaul her struggling business, Victoria Beckham is seeking the highest validation of the fashion world with her first runway show in Paris on Friday.

China dips into pork reserves as rising prices fan inflation fear

China released more pork reserves Friday, state media said, after prices of the staple meat soared by almost a third, triggering inflation concerns.

Japan plans more stimulus to tackle inflation, low yen

Japan is preparing another round of economic stimulus measures, the government said Friday, as rising prices and the plummeting yen squeeze the world's third-largest economy.

Meta to freeze hiring to tighten budget: report

Facebook-parent Meta put out word to employees on Thursday that it will freeze hiring to cut costs as it endures tough economic times, The Wall Street Journal reported.

No timeframe for fixing Nord Stream pipelines: operator

Nord Stream's operator said Thursday it was unable to immediately assess damage to pipelines linking Russia to Europe, threatening an indeterminate outage -- after Sweden detected a fourth leak and NATO decried "acts of sabotage".

Women referees at World Cup in Qatar a 'strong sign'

The presence of three female referees at the World Cup in Qatar will send "a strong sign", said one of those women selected on Thursday.

Swiss court backs Lindt in chocolate bunny bust-up

Swiss luxury chocolatier Lindt & Sprungli has won its case against the local branch of budget supermarket chain Lidl over its similar-looking Easter bunnies, according to a court decision published Thursday.

Latin America bears brunt of land activist murders: NGO

More than three-quarters of the world's murders of environmental activists took place in Latin America last year, an annual review by watchdog Global Witness showed on Thursday.

UK PM vows to get borrowing 'back on track' after market turmoil over tax cuts

UK Prime Minister Liz Truss defended her tax-slashing plans Thursday but vowed to "get borrowing back on track", after nearly a week of silence when markets tanked and the Bank of England was forced into an emergency intervention.

European and US stocks tumble, pound rebounds

European and US equities sank Thursday on fears that rising interest rates will spark a global recession, while the pound clawed back ground one day after emergency bond-market intervention from the Bank of England.

BBC to cut hundreds of jobs at World Service

Nearly 400 staff at BBC World Service will lose their jobs as part of a cost-cutting programme and move to digital platforms, the broadcaster announced on Thursday, paring down its Iranian-language service among others.

Macron government lays out reform timeline amid strike

The French government vowed on Thursday to push through pension reform by the end of the winter despite fierce opposition from unions whose first major day of strikes failed to have much impact.

BBC announces job losses at World Service

Nearly 400 staff at BBC World Service will lose their jobs as part of a cost-cutting programme and move to digital platforms, the broadcaster announced on Thursday.

Fourth leak detected at Russian gas pipeline to Europe

A fourth leak has been detected in undersea gas pipelines linking Russia to Europe, the Swedish Coast Guard said Thursday, after explosions were reported earlier this week in what NATO called "reckless" sabotage.

Sterling, markets drop again as BoE boost wears off

The pound and European equities fell Thursday after the previous day's bank of England-fuelled rally, with investors growing increasingly worried about the UK economy as Prime Minister Liz Truss backed the controversial mini-budget that sparked turmoil across global markets.

Porsche ignites blockbuster IPO, defying market turmoil

Luxury sports carmaker Porsche raced onto the Frankfurt stock exchange Thursday with one of Europe's biggest listings in years, leveraging its brand power to defy global market turmoil.

Equities pick up after BoE steps in, but pound resumes losses

Most Asian stocks bounced Thursday as UK and US government yields fell after the Bank of England jumped into bond markets to prevent a financial catastrophe.

Five years on, how #MeToo shook the world

By forcing the world to wake up to the daily sexual abuse suffered by women, the #MeToo movement became a social revolution of historic importance. Its legacy is still being determined.

Joan of Arc becomes non-binary icon in London play

A new play in London has reinvented France's sainted Joan of Arc as a non-binary icon, who rejects female identity as they struggle to find a place in a man's world.

Hong Kong confirms November banking summit after ending quarantine

Hong Kong confirmed Thursday it will host an international banking summit in early November, days after it lifted mandatory quarantine rules for arrivals that have battered the city's reputation as a business hub.

Asian stocks pick up after BoE steps in, but pound rally wanes

Asian stocks rallied Thursday as UK and US government yields fell after the Bank of England jumped into bond markets to prevent a fresh financial catastrophe.

Defying turmoil, Porsche to go 'full throttle' with blockbuster IPO

Luxury sports carmaker Porsche will debut on the Frankfurt stock exchange Thursday in one of Europe's biggest listings in years, hoping its brand power can attract investors despite market turbulence.

Stocks rally with sterling after surprise move by Bank of England

Global stock markets rallied on Wednesday in volatile trading after a surprise intervention by the Bank of England pressured bond yields in Britain and the United States and lifted the pound.

Barbados wins first loan deal from IMF climate change fund

Barbados on Tuesday became the first country to secure agreement on a financing package under a new IMF fund aimed at helping low-income countries tackle the impacts of climate change.

Licence to bill: Bond's Aston Martin sells for nearly £3 million

A replica of an Aston Martin DB5 used for the stunts in James Bond blockbuster "No Time to Die" sold for nearly £3 million at auction on Wednesday, auction house Christie's said.

White House announces multi-billion dollar plan to attack obesity, hunger

The White House announced Wednesday billions of dollars in pledges from major corporations -- including the likes of fast food behemoth Burger King -- to craft a national strategy on ending the twin US challenges of hunger and obesity.

Iran's Raisi condemns 'rioters' in protests over Mahsa Amini's death

Iran's President Ebrahim Raisi condemned Wednesday the "rioters" behind a wave of women-led protests sparked by the death of Mahsa Amini while in the custody of the Islamic republic's morality police.

Washington dismisses Moscow's hints of blame for gas leak

Moscow questioned Wednesday whether Washington caused mystery undersea gas pipeline leaks in Europe that have been blamed on sabotage, in a turn of the tables that US officials bluntly called "ridiculous".

Portugal Colonial - Economy (English)