Coin Press - Economy

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'Life in the old dog': German economy grows more than expected

Germany's quarterly growth beat forecasts and inflation slowed sharply as energy price pressures fuelled by the Iran war eased, boosting hopes Friday of a sustained recovery for Europe's biggest economy.

Relatives' anguish grows as Spain identifies train crash dead

Distraught relatives of the 69 victims of Spain's second high-speed train collision this year endured growing anguish on Friday as the authorities worked to identify the bodies.

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Germany reviews warship order after delays

Berlin said Friday it was reviewing a major warship order that has faced lengthy delays, as reports suggested a German group might take over the project from a Dutch shipbuilder.

Stock markets surge on tech rally, US rate hopes

Equities jumped Thursday thanks to gains in tech stocks and as weak US jobs data fanned optimism for more interest rate cuts, outweighing concerns over a partial government shutdown.

Paris fans now watching fashion shows like sports games

A giant screen, lots of cheering and applause: the scene inside La Caserne venue in trendy northeast Paris might feels like a sports bar. But the crowd there were watching live fashion, not football.

Dutch warning over 'annoying' chatbots

Dutch authorities told companies and organisations on Thursday they should not rely solely on chatbots to communicate with consumers, describing their use as "one of the biggest annoyances" customers face.

Markets surge on US rate hopes, tech fired by chip deal

Equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest rate cuts and overshadowed a partial shutdown of the country's government.

UK supermarket Tesco lifts profit outlook on competitive prices

Britain's largest retailer Tesco on Thursday raised its 2025/2026 profit guidance as the supermarket chain won customers with competitive prices.

Addicts swap drug dens for support centre in Abidjan

In Ivory Coast's biggest city Abidjan, vulnerable drug addicts say that discovering a secluded care and support centre in an upscale part of the city has helped them to turn around their lives.

China's 'Great Green Wall' brings hope but also hardship

Inner Mongolian herder Dorj looked bitterly at the vast grasslands where his flock once grazed freely, before the practice was banned as part of a massive Chinese state greening project.

Elon Musk halfway to becoming world's first trillionaire: report

Billionaire Elon Musk, the world's richest person, is nearly halfway to becoming the planet's first trillionaire, Forbes magazine reported Wednesday.

Asian markets surge on US rate hopes, tech fired by chip deal

Asian equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest rate cuts and overshadowed a partial shutdown of the country's government.

Trump wants Nobel but 'forgotten' peacemakers more likely, experts say

US President Donald Trump has made it clear he wants the Nobel Peace Prize when it is announced next week but experts predict he has little chance against those toiling on forgotten causes outside the limelight.

G7 ministers to target those increasing Russia oil purchases

G7 finance ministers pledged Wednesday to take aim at those who are continuing to step up purchases of Russian oil, since Moscow's invasion of Ukraine more than three years ago.

Dow, S&P 500 end at records despite US government shutdown

Wall Street stocks rose again Wednesday, shrugging off the partial US government shutdown as major indices finished at records amid hopes for more Federal Reserve interest rate cuts.

First woman coach breaks barriers in Brazil basketball

Serbian-Australian basketball coach Jelena Todorovic wants to be more than just the first woman coaching a male team in Brazil, as she works on reversing the fortunes of players who finished bottom of the table last season.

Trump says to push China's Xi on soybeans as US farmers struggle

President Donald Trump signaled Wednesday that he plans to push Chinese leader Xi Jinping on US soybean purchases when they meet, as American farmers grapple with fallout from his trade wars.

French navy boards Russia 'shadow fleet' ship, arrests two

France has detained two senior crew members of a tanker linked to Russia, which data showed was off the Danish coast last month during mysterious drone flights, prosecutors said on Wednesday.

French navy boards Russia 'shadow fleet' ship: AFP

The French navy was Wednesday on board a tanker from Russia's "shadow fleet" stationed off France, AFP journalists at the scene said, after data showed it was off the Danish coast last month during mysterious drone flights.

Jonathan Anderson brings bold twist to Dior women in Paris debut

Northern Irish designer Jonathan Anderson drew a standing ovation from a celeb-packed crowd as he launched a bold first women's ready-to-wear collection for Dior on Wednesday during Paris Fashion Week.

Senate rejects plan to end US government shutdown

Efforts to bring a quick end to the US government shutdown floundered Wednesday when senators rejected a plan to resolve an acrimonious funding stand-off between President Donald Trump and Democrats in Congress.

Wall Street stocks shrug off start of US shutdown

Wall Street stocks shrugged off early losses on Wednesday as the US government started to shut down after Democrats and President Donald Trump failed to break a deadlock over spending.

Jonathan Anderson brings new twist to Dior women with Paris debut

Northern Irish designer Jonathan Anderson drew a standing ovation as he launched a bold first women's ready-to-wear collection for Dior on Wednesday during Paris Fashion Week.

'I'm breathing again': Afghans relieved after internet restored

Just before nightfall on Wednesday, the near-deserted streets of Afghanistan's capital Kabul suddenly filled with people -- mobile phones everywhere had pinged back to life.

Shein picks France for its first permanent stores

Asian fast-fashion giant Shein said Wednesday it had picked France to open its first permanent physical stores in November.

Wall Street stocks slide as US shutdown begins

Wall Street stocks slid on Wednesday as the US government started to shut down after Democrats and President Donald Trump failed to break a deadlock over spending.

US senators struggle for off-ramp as shutdown kicks in

The United States entered a government shutdown Wednesday with President Donald Trump and Democrats in an acrimonious stand-off and banking on the other side to blink first in what could be a prolonged crisis.

Two pulled from Indonesia school collapse as rescuers race against time

Rescuers pulled two survivors from a collapsed school in Indonesia on Wednesday as frantic parents demanded searchers speed up efforts to find dozens of children believed still trapped in the rubble two days on.

Russia says situation at Zaporizhzhia nuclear plant under control

The situation at the Russia-occupied Zaporizhzhia nuclear plant in Ukraine is "under control", the Moscow-installed operator said Wednesday, a day after Ukrainian President Volodymyr Zelensky warned it was "critical" following a week-long power cut.

European stocks rise, Wall St futures drop as US shutdown begins

European stocks and gold prices rose, while Wall Street futures fell on Wednesday as the US government shut down after lawmakers failed to reach a funding deal.

Thousands protest in Greece over 13-hour workday plans

Thousands of Greek workers prompted large-scale disruption during a 24-hour general strike on Wednesday, protesting against the conservative government's plans to introduce a 13-hour work day.

Spanish court opens 550-mn-euro Meta data protection trial

A Spanish court opened a trial on Wednesday over a 550-million-euro lawsuit brought by more than 80 Spanish media organisations against Facebook owner Meta for allegedly breaching European Union data protection rules.

Gold hits record, Wall St futures drop as US shutdown begins

Gold hit a record high and Wall Street futures fell with the dollar Wednesday as the US government shut down after lawmakers failed to reach a funding deal, though most Asian and European markets edged up.

US govt shutdown begins after Congress fails to reach deal

The US government began shutting down Wednesday after lawmakers and President Donald Trump failed to break a budget impasse during acrimonious talks that hinged on Democratic demands for health care funding.

Coin Press - Economy (English)