Coin Press - Economy

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Featured

Two die in 'respiratory illness' outbreak on Atlantic cruise ship

An outbreak of "severe acute respiratory illness" on board a cruise ship in the Atlantic has left at least two people dead, with a third in intensive care in Johannesburg, South Africa's health ministry told AFP on Sunday.

OPEC+ hikes oil production quotas but stays mum on UAE pull-out

Saudi Arabia, Russia and five other OPEC+ countries increased their oil production quota on Sunday in an expected move aimed at demonstrating continuity at the cartel after the shock withdrawal of the United Arab Emirates.

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Trump says Iran wants talks as US aircraft carrier deploys

A US naval strike force led by an aircraft carrier was in Middle Eastern waters on Tuesday as Iran vowed to hit back against any strike and President Donald Trump said he believed the Islamic republic still wanted talks.

Germany offers 1 mn euro reward for Berlin blackout culprits

Germany is offering a one million euro ($1.2 million) reward for information leading to the arrest of suspected far-left militants whose arson attack caused a massive blackout in Berlin, the interior minister said Tuesday.

China's Anta Sports to become top Puma shareholder

Chinese athletic goods giant Anta Sports will buy a controlling stake in historic German sportswear brand Puma for $1.79 billion, a stock exchange filing showed Tuesday, as it expands its international presence.

Minneapolis mayor says 'some' US immigration agents to leave city

Some federal immigration agents will leave Minneapolis Tuesday, the city's mayor said, as US President Donald Trump struck a conciliatory note after nationwide outrage over the killings of two American citizens.

UK tour agency to host golf tournament in North Korea

A British tour agency plans to host an international golf event in North Korea this year, the amateur event's website showed Tuesday.

US immigration agents face backlash after Minneapolis killings

The fatal shooting of two civilians in Minneapolis has reignited accusations that federal agents enforcing US President Donald Trump's militarized immigration crackdown are inexperienced, under-trained and operating outside law enforcement norms.

French lawmakers pass bill banning social media for under-15s

French lawmakers have passed a bill that would ban social media use by under-15s, a move championed by President Emmanuel Macron as a way to protect children from excessive screen time.

Trump says hiking tariffs on South Korean goods to 25%

US President Donald Trump said Monday that he would raise tariffs on South Korean goods including autos, lumber and pharmaceuticals, taking aim at the country for "not living up to" an earlier trade pact struck with Washington.

Kanye West blames bipolar disorder amid outrage over antisemitic rants

Rapper Kanye West on Monday denied being a Nazi and expressed regret over his antisemitic rants, blaming such behavior -- which included recording a song that celebrates Hitler -- on his bipolar disorder.

Trump attempts to pivot in face of Minneapolis killing backlash

President Donald Trump sent his top border enforcer to Minneapolis on Monday and struck a conciliatory note in a bid to tamp down nationwide outrage over the second killing of a US citizen protesting militarized immigration raids this month.

Stricken games giant Ubisoft seeks rare French job cuts

French video games giant Ubisoft said Monday it aims to shed up to 200 staff at its Paris headquarters, days after investors gave a frosty reception to a drastic restructuring plan.

Minneapolis killing pushes Trump to brink of government shutdown

Donald Trump is likely facing the second government shutdown of his presidency after a fatal shooting by US immigration agents detonated a fragile budget truce in Congress and unified Democrats against funding his hardline immigration crackdown.

Carney links Trump's new tariff threat to N. America trade deal review

Prime Minister Mark Carney on Monday downplayed US President Donald Trump's latest tariff threat against Canada, saying the comments should be viewed with an eye toward an upcoming trade deal review.

Ryanair's quarterly net profit slides on Italy fine

Irish no-frills airline Ryanair on Monday announced an 80 percent drop in net profit for its third quarter, impacted by a hefty fine from Italy's competition authority.

New Nepali political party fields LGBTIQ candidates

Nepali sexual and gender minorities unveiled their candidates in a new political party on Monday ahead of March elections, challenging an ageing political elite ousted in last year's mass uprising.

Dollar sinks on yen intervention talk, gold breaks $5,100

The dollar fell and gold hit fresh high on Monday amid uncertainty over domestic US policies and speculation of US-Japanese coordination to support the yen.

EU opens probe into Musk's Grok over sexual AI deepfakes

The EU on Monday hit Elon Musk's X with an investigation over AI chatbot Grok's generation of sexualised deepfake images of women and minors, in the latest step of an international backlash against the tool.

German business morale still muted in January

German business sentiment held steady at a low level in January, a survey showed Monday, with firms still pessimistic about any sustained recovery in Europe's biggest economy.

Haute Couture Week begins in Paris

Four days of ultra-exclusive Haute Couture fashion shows get underway in Paris on Monday, but how is the calendar constructed and who gets to take part? AFP has the answers.

Swinging to win: 'The Invite' delivers comedy gold at Sundance

Most marriages have those moments: people are coming for dinner; one of you isn't really in the mood. But not everyone finds out that their guests are into raucous group sex -- and want you to join them.

Second death in Minneapolis crackdown heaps pressure on Trump

The Trump administration faced intensifying pressure Sunday over its mass immigration crackdown in Minneapolis, after federal agents shot dead a second US citizen and graphic cell phone footage again contradicted officials' immediate description of the incident.

What is Russia's 'shadow fleet' and how does it work?

France's interception of an oil tanker suspected of being part of Russia's "shadow fleet" draws attention to how the vessels allegedly operate in order to escape Western sanctions.

India's Bollywood bets big on 'event cinema'

India's Bollywood is moving decisively towards a cinema of scale and confrontation -- where patriotism, spectacle, and ideological clarity increasingly trump nuance and narrative risk, industry insiders say.

US Fed set to keep rates steady as officials defend independence

The US Federal Reserve is widely expected to keep interest rates unchanged when it meets in the coming week, holding firm despite President Donald Trump's pressure to slash levels as it guards against threats to its independence.

Federal agents shoot dead another person in Minneapolis

Federal immigration agents shot dead a man in Minneapolis on Saturday, officials said -- the second fatal shooting of a civilian in the city, sparking fresh protests and outrage from state officials.

Minnesota governor slams 'another horrific shooting' by federal agents

Minnesota Governor Tim Walz said Saturday that federal agents deployed in Minneapolis as part of a sweeping immigration crackdown had carried out "another horrific shooting," less than three weeks after the fatal shooting of Renee Good.

Trump threatens Canada with 100% tariff if it completes China trade deal

US President Donald Trump on Saturday warned Canada that if it concludes a trade deal with China, he will impose a 100 percent tariff on all goods coming over the border.

Wall Street intends to stay open around the clock

The closing and opening bells of the New York Stock Exchange (NYSE) may become a ringing ritual of yesteryear, as the market moves toward nonstop trading.

Europe and India seek closer ties with 'mother of all deals'

India and Europe hope to strike the "mother of all deals" when EU chiefs meet Prime Minister Narendra Modi in New Delhi next week, as the two economic behemoths seek to forge closer ties.

Gold nears $5,000, silver shines as stocks churn to end turbulent week

Global stocks were subdued and precious metals hit new highs Friday as US President Donald Trump followed up conciliatory comments on Greenland with a fresh warning on Iran.

France probes deaths of two babies after powdered milk recall

France's health minister on Friday sought to reassure consumers that all suspicious infant formula had been withdrawn, as an investigation began into the deaths of two babies who drank possibly contaminated powdered milk.

Gold nears $5,000, silver shines as stocks slip on turbulent week

Global stocks were subdued and precious metals hit fresh highs Friday after a turbulent week that saw US President Donald Trump back down from threats to seize Greenland and hit European allies with fresh tariffs.

Coin Press - Economy (English)