Coin Press - Economy

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Featured

Cuban boy's sporting dreams on hold as surgery backlog grows

Juan Jose Guilarte is like any other 10-year-old as he races around a park in Cuba's capital Havana.

Bali drowning in trash after landfill closed

Buckets of blooms adorn Yuvita Anggi Prinanda's sidewalk flower stall in Bali, but their perfume can't mask the stench of accumulating trash bespoiling parts of the resort island famed for its natural beauty.

Last news

Grain, steel, fertiliser blocked by Hormuz closure: data

Besides oil and gas, Iran's blockade of the Strait of Hormuz has choked off shipments of crucial goods and raw materials to world markets.

Four children stabbed to death at Ugandan nursery: police

Four children were stabbed to death on Thursday at a kindergarten in Uganda's capital, Kampala, police said.

Russia will send second ship with oil to Cuba: minister

Russia will send a second ship carrying oil to Cuba as the island grapples with a US fuel blockade, Energy Minister Sergei Tsivilev said Thursday.

Belgian bishop takes on Vatican with push to ordain married men

A Belgian bishop is taking on the Vatican with a push to ordain married men as priests -- telling AFP the reform is key to stemming a plunge in vocations across many traditionally Catholic nations.

Nexperia's China unit nears fully local production of chips: company sources

The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia will soon be able to produce semiconductors locally within China, according to two company sources.

India's says defence exports hit 'all-time high' of $4 bn

India's defence exports "skyrocketed" to an all-time high of more than $4 billion in the last fiscal year, as it looks to boost its arms manufacturing sector, the government said Thursday.

Too bright: Seoul to dim digital billboards after complaints

Hopes of making downtown Seoul dazzle more than Times Square have hit a setback with new guidelines to dim the digital billboards that light up the South Korean capital after a barrage of complaints.

'Muted' international response as Senegal enacts same-sex relations law

While recent restrictions by a number of African nations on LGBTQ rights have elicited fierce criticism, international reaction has been more tepid as Senegal doubled its penalty for same-sex relations this week.

Trump says Iran war almost over, warns of weeks more heavy strikes

US President Donald Trump said Wednesday the US-Israeli war campaign against Iran was almost complete but that the country would be hit hard over the next two to three weeks as Washington pressed toward its military objectives.

Oil rallies, stocks tumble as Trump says US to hammer Iran further

Oil prices spiked and stocks sank on Thursday after Donald Trump reiterated that US forces would hammer Iran for another two to three weeks but offered no solution to the closure of the Strait of Hormuz that has crippled global markets.

Trump says Iran president requests ceasefire, Tehran says 'false'

Donald Trump said Wednesday that Iran's president had asked for a ceasefire but insisted the Islamic republic must first reopen the Strait of Hormuz ahead of a national address expected to touch on the state of the war.

'Wake-up call': Megan Thee Stallion falls ill during Broadway show

American rapper Megan Thee Stallion said Wednesday that she had a "wake-up call" after she was taken to hospital in the middle of a Broadway performance of "Moulin Rouge!" in New York City.

France charges man over failed attack on US bank

French authorities Wednesday charged a young man in connection with an attempted attack against a Bank of America branch in Paris, as investigators explored suspicions a pro-Iran group was involved.

SpaceX files to go public, paving way for record stock offering

Elon Musk's SpaceX has filed papers with US regulators that set the stage for what could be the largest-ever public stock offering, a source familiar with the matter told AFP on Wednesday.

Tractors roll through Vienna as farmers protest

Some 300 tractors rolled down the streets of Vienna Wednesday in a rare such protest in the Austrian capital as farmers pushed for restaurants and supermarkets to list the country of origin for their prepared dishes.

SpaceX files securities documents to go public: source

Elon Musk's SpaceX has filed confidential papers with US securities regulators for what could be the largest-ever public stock offering, a source familiar with the matter told AFP on Wednesday.

Stocks rally, oil drops on Mideast war optimism

Global stocks rallied and oil prices fell Wednesday after US President Donald Trump said the Middle East war that has roiled markets could be over within weeks.

Trump says Iran asks for ceasefire as Tehran hit by fresh strikes

President Donald Trump said Wednesday that Iran had asked for a ceasefire, but ruled out any truce until the vital Strait of Hormuz was reopened for crucial energy shipments.

IndiGo lands IATA chief Willie Walsh as new CEO

IndiGo said Wednesday it was appointing Willie Walsh as its new chief executive as India's leading airline sought to recover from an embarrassing spate of cancellations that threw the country's airports into turmoil

Stocks rally, oil dips on Mideast war optimism

Global stocks rallied and oil prices fell Wednesday after US President Donald Trump said the Middle East war that has roiled markets could be over within weeks.

France's Dassault says 'weeks' left to save Europe warplane project

The head of France's Dassault Aviation said on Wednesday he was giving his company "two to three weeks" to see if the multibillion-euro warplane programme with Germany could work as the government tries to salvage the project.

Stocks rally, oil dives as Trump says war to end 'very soon'

Equities rallied and oil tumbled Wednesday after US President Donald Trump said the Middle East war would be over in up to three weeks and his Iranian counterpart said Tehran had "the necessary will" to bring it to an end.

Anthropic releases part of AI tool source code in 'error'

Anthropic accidentally released part of the internal source code for its AI-powered coding assistant Claude Code due to "human error," the company said Tuesday.

Chinese robotaxis stall in apparent 'malfunction': police

A string of self-driving robotaxis owned by Chinese internet giant Baidu stalled in central China, stranding passengers after an apparent "system malfunction", police said Wednesday.

Japan allows joint child custody after divorce

Divorcing parents in Japan can opt to share custody starting Wednesday, ending a system both criticised for encouraging parental child "abductions" and defended as a safeguard for domestic abuse survivors.

NFL says will not scrap diversity measure despite Republican pressure

The NFL will not scrap pro-diversity policies that require teams to interview minority candidates, despite legal pressure from Florida's Republican attorney general, commissioner Roger Goodell said Tuesday.

Asian stocks rally as Trump says war to end 'very soon'

Asian stocks rallied Wednesday after US President Donald Trump said the Middle East war would be over in up to three weeks and his Iranian counterpart said Tehran had "the necessary will" to bring it to an end.

AI giant Anthropic says 'exploring' Australia data centre investments

Artificial intelligence giant Anthropic is eyeing data centre investments in Australia, saying Wednesday the nation was a "natural partner" for work in the booming sector.

At gas stations, Americans say they're 'paying the price' of Iran war

At a gas station in the Washington suburbs, drivers confronted the harsh domestic repercussions of the war on Iran, as spiking fuel prices hit household budgets hard.

Trump says war with Iran could end in 'two weeks, maybe three'

US President Donald Trump said Tuesday that the war with Iran may be over in two or three weeks, and it will be up to other countries to secure the vital Strait of Hormuz oil shipping channel.

OpenAI raises $122 billion in boosted funding round

OpenAI on Tuesday said that the startup was valued at $852 billion in a freshly closed funding round that raised $122 billion.

US stocks surge on hopes Iran war will end soon

Wall Street stocks rocketed higher Tuesday while oil prices retreated after Iran's president said his country had the "necessary will" to end the war with the United States and Israel, lifting hopes that a resolution was in site.

Coin Press - Economy (English)