Coin Press - Economy

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Featured

Baltics transform from Soviet stagnation to startup hubs

Stepping into the newly renovated Vilnius airport, visitors are greeted with a slew of billboards advertising products "Made in Lithuania", including cybersecurity giant NordVPN.

AI keeps consumer prices high in 'RAMaggedon' chip crunch

Print-outs of articles about the global memory chip shortage are pinned beside a price list at a Hong Kong computer shop, offering an explanation to confused customers feeling the pinch.

Last news

Milan-Cortina organisers rush to ready venues as Olympic flame arrives in Italy

The Olympic flame arrives in Rome on Thursday as the Milan-Cortina Winter Games home into view, but organisers are rushing to make sure everything is ready for a sprawling sports showcase spread across a vast area of northern Italy.

Truth commission urges Finland to rectify Sami injustices

A Finnish truth and reconciliation commission on Thursday urged Finland to rectify historic injustices committed against the indigenous Sami people, as it finalised a report after four years' work.

Stocks rise eyeing series of US rate cuts

European and Asian stock markets mostly rose Thursday after the latest batch of US data reinforced expectations that the Federal Reserve will cut US interest rates next week and into 2026.

Italy sweatshop probe snares more luxury brands

Italian prosecutors on Thursday named Gucci, Prada, Versace and Yves Saint Laurent as among 13 luxury brands suspected of using subcontractors who exploited migrant workers in Italy, as part of a growing investigation into sweatshop conditions.

Russia's Putin heads to India for defence, trade talks

Russian President Vladimir Putin was due in India on Thursday for a two-day visit aimed at deepening defence ties, as New Delhi faces heavy US pressure to stop buying oil from Moscow.

South Africa telecoms giant Vodacom to take control of Kenya's Safaricom

South Africa's biggest mobile operator Vodacom said Thursday it had agreed to take control of East Africa's largest telecoms firm, Safaricom, in a deal worth $2.1 billion.

Markets mixed as traders struggle to hold Fed cut rally

Asian and European markets were mixed Thursday after the latest batch of US data reinforced expectations that the Federal Reserve will cut interest rates for a third successive time next week.

Asian markets mixed as traders struggle to hold Fed cut rally

Asian markets struggled to maintain their early momentum Thursday, even after the latest batch of US data reinforced expectations that the Federal Reserve will cut interest rates for a third successive time next week.

Asian markets stumble as traders struggle to hold Fed cut rally

Nintendo launches long-awaited 'Metroid Prime 4' sci-fi blaster

Fans of Nintendo's "Metroid" science-fiction saga have reason to celebrate Thursday as the latest instalment in the series is released after an eight-year wait and a bumpy road through development.

Trump scraps Biden's fuel-economy standards, sparking climate outcry

President Donald Trump announced Wednesday a reset of Joe Biden's fuel-economy standards, arguing it will lower US car prices -- but critics warned it would worsen climate change and leave drivers paying more at the pump.

US stocks rise as weak jobs data boosts rate cut odds

Wall Street stocks shrugged off early weakness Wednesday and finished with solid gains after poor US hiring data boosted expectations that the Federal Reserve will cut interest rates next week.

Trump to scrap Biden's fuel-economy standards, sparking climate outcry

President Donald Trump is poised to roll back his predecessor Joe Biden's tough fuel-economy standards, arguing the move will lower car prices even as critics warn it will leave drivers paying more at the pump and accelerate climate change.

Poor hiring data points to US economic weakness

US private-sector hiring data released Wednesday painted a downcast picture of the job market in the world's biggest economy, especially among small businesses.

Germany to host 2029 women's Euros

European football's governing body UEFA on Wednesday announced that Germany will host the women's 2029 European Championship, where England will be the two-time defending champions.

Greek govt warns farmers not to escalate subsidy protest

The Greek government on Wednesday warned farmers against escalating a roadblock protest to demand funds delayed by the investigation into an EU subsidies scandal.

EU agrees deal to ban Russian gas by end of 2027

European Union lawmakers and member states reached a deal Wednesday to ban all imports of Russian gas before the end of 2027, as the bloc seeks to choke off key funds feeding Moscow's war chest.

German lithium project moves ahead in boost for Europe's EV sector

Australia's Vulcan Energy said Wednesday it will soon start building a German lithium production project that will provide enough of the metal for half a million electric car batteries a year.

Stock markets mostly rise awaiting US data

European and Asian stock markets mostly rose Wednesday following a resumption of Wall Street's rally, but gains were muted as investors await the last tranche of US data before next week's Federal Reserve meeting.

Zara owner Inditex posts higher profits

Zara owner Inditex, the world's largest fashion retailer, posted Wednesday higher profits for the first nine months of its fiscal year despite stiffer competition from low-cost clothing outlets like Shein and Primark.

YouTube attacks Australia's world-first social media ban

YouTube on Wednesday attacked Australia's looming social media ban for under-16s as rushed, but the government called the policy a shield to protect children from "predatory" algorithms.

Airbus cuts delivery target over fuselage quality issue

Aircraft maker Airbus said Wednesday it had lowered its 2025 target for deliveries because of fuselage panel quality issues at its flagship model, the A320.

UK seniors fight loneliness with tea and a tango

All gloom was left outside as pensioners bustled into a room in Liverpool's centuries-old town hall for a tea dance, a lively antidote to getting older in Britain.

Indian rupee hits fresh record low past 90 per dollar

India's rupee fell to a fresh record low of over 90 per dollar Wednesday, extending recent declines, with traders partly blaming the delay in striking a trade deal with the United States.

YouTube says Australia social media ban makes children 'less safe'

YouTube on Wednesday attacked Australia's looming social media ban for under-16s, denouncing the world-first laws as "rushed" and saying they will make children less safe online.

Chinese smart glasses firms eye overseas conquest

In China, AI glasses let the wearer pay in shops with just a glance at a QR code and a voice command, as a growing number of companies look to conquer both growing domestic and overseas markets.

Oman's 10-Year Golden Residency Program Attracts Global Investors Seeking Stability and Long-Term Access

Built for investors who value certainty, global access, and long-term confidence.

San Francisco sues producers over ultra-processed food

San Francisco is suing makers of the ultra-processed food that health experts say has led millions of Americans into obesity during decades of over-consumption, the city said Tuesday.

Tech boss Dell gives $6.25bn to 'Trump accounts' for kids

Computer tycoon Michael Dell and his wife Susan said Tuesday they were giving $6.25 billion to children's trust funds under a scheme set up by US President Donald Trump.

Trump hints economic adviser Hassett may be Fed chair pick

US President Donald Trump on Tuesday hinted that he wants to nominate his chief economic adviser Kevin Hassett to replace outgoing Federal Reserve Chairman Jerome Powell next year.

Putin and US negotiators hold high-stakes Ukraine talks in Moscow

Top US negotiators vying to end the war in Ukraine met with Russian President Vladimir Putin on Tuesday in high-stakes talks happening as Moscow pressed battlefield advances.

Faberge's rare Winter Egg fetches record £22.9 mn at auction

Faberge's The Winter Egg, considered one of his most beautiful creations, sold for nearly £23 million ($30 million) at auction Tuesday in London, smashing the sales record for the legendary jeweller of Imperial Russia.

Coin Press - Economy (English)