Coin Press - Economy

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Featured

Rolling Stones announce July 10 release of new album 'Foreign Tongues'

The Rolling Stones will release a new album on July 10 named "Foreign Tongues", the legendary British rockers announced on Tuesday.

EU urges US to stick to tariff deal terms

The United States must respect its tariff agreement with the EU, the bloc's trade chief told his American counterpart Tuesday, after President Donald Trump threatened to hike levies on European cars.

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US says dismantled telecoms shutdown threat during UN summit

The US Secret Service said Tuesday it had dismantled a network of electronic devices that could have crashed New York's telecommunications network in an attack ahead of the UN General Assembly.

Stocks mark time with eyes on key economic data

Stock markets marked time Tuesday as traders monitored key economic indicators, with US inflation data due later this week that could influence Federal Reserve policy.

France's Dassault says can build European fighter jet without Germany

The head of French defence company Dassault said on Tuesday his firm was capable of building the future European fighter jet by itself as tensions persist with Germany over the multi-billion-euro project.

EU queries Apple, Google, Microsoft over financial scams

The European Union on Tuesday demanded Big Tech players including Apple and Google explain what action they are taking against financial scams online, as Brussels seeks to show it is not shying away from enforcing its rules.

OECD raises world growth outlook as tariffs contained, for now

The world economy will grow more than previously forecast this year after absorbing the shock of US President Donald Trump's tariffs, but their full impact remains uncertain, the OECD said Tuesday.

Stocks diverge with eyes on key economic data

Stock markets diverged Tuesday as traders monitored key economic indicators, with US inflation data due later this week that could influence Federal Reserve policy.

German business groups pressure Merz over ailing economy

German business associations in talks with Chancellor Friedrich Merz stressed the "urgency" of steps to help the ailing economy, one group said Tuesday, with reports describing a stormy encounter.

Indonesia, EU sign long-awaited trade deal

Indonesia and the European Union finalised negotiations on a trade agreement Tuesday after nearly a decade of talks, a senior minister said.

Tech migrants 'key' for US growth, warns OECD chief economist

High-skilled migrants are vital for the US economy, the OECD's chief economist told AFP, after the United States imposed a $100,000 fee for H-1B visas widely used by the tech industry.

OECD ups world economic outlook as tariffs contained, for now

The world economy will grow more than previously forecast this year after absorbing the shock of US President Donald Trump's tariffs, but their full impact remains uncertain, the OECD said Tuesday.

Sunset for Windows 10 updates leaves users in a bind

Microsoft's plan to halt updates for its Windows 10 operating system in mid-October has raised hackles among campaign groups and left some users worried they must buy new computers to be safe from cyberattacks.

'Real' Greek farmers fume over EU subsidies scandal

Thessaloniki farmer Anna Aivazidi's blood boils when she thinks of the huge sums siphoned off in a major EU farm subsidy scandal.

Asian markets struggle as focus turns to US inflation

Asian markets struggled Tuesday to track another record day on Wall Street, with traders now awaiting the release of US inflation data that could dictate Federal Reserve policy in coming weeks.

Chile presidential contender vows to deport 'all' undocumented migrants

Chile's far-right presidential candidate, Jose Antonio Kast, one of the favorites to succeed leftist leader Gabriel Boric in November's vote, vowed Monday to deport "all" undocumented migrants if victorious.

Strength in Nvidia, Apple helps lift US equities to new records

Wall Street stocks shook off early weakness and forged higher Monday as some leading tech giants helped lift major Wall Street indices to fresh all-time highs.

14 killed as rival Ecuadoran inmates fight with guns, explosives

Inmates in Ecuador fought each other with guns and explosives in a riot that left 13 prisoners and a guard dead, police said Monday.

US mulls economic lifeline for ally Argentina

The US Treasury said Monday it stood ready to "do what is needed" to support Argentina's economy, as President Javier Milei battles to calm jittery financial markets.

Museum or sheikh? World's second largest diamond awaits home

The world's second largest diamond could soon find a new home in a museum or a sheikh's collection -- but first needs to be properly evaluated, the Belgian firm holding it told AFP Monday.

Google fights breakup of ad tech business in US court

Google faced a fresh federal court test on Monday as US government lawyers asked a judge to order the breakup of the search engine giant's ad technology business.

Stocks steady ahead of key US inflation data

Wall Street saw off an early bout of profit-taking on Monday as investors looked for clues to the US Federal Reserve's next interest rate move.

Clashes as tens of thousands join pro-Palestinian demos in Italy

Tens of thousands of people protested on Monday across Italy as part of a day of action to "denounce the genocide in Gaza", with blockades, strikes and marches that descended into clashes with police in Milan.

Stocks turn lower ahead of key US inflation data

Stocks mostly fell on Monday as investors booked profits from a record-setting streak and looked for clues to the US Federal Reserve's next interest rate move.

Frenchman denies killing wife in case that captivated France

A French father of two went on trial Monday charged with the murder of his wife, denying he killed her in a case that captivated France since her disappearance at the height of the Covid-19 pandemic in December 2020.

Spanish bank BBVA raises offer for rival Sabadell

Spanish banking giant BBVA raised its takeover offer for Sabadell on Monday as it seeks to lure its smaller rival's shareholders before the October 7 deadline to accept its hostile bid.

Nigerian women protest for reserved seats in parliament

Hundreds of women protested in the Nigerian capital Monday to push for a bill that would add women-only seats in the Senate and House of Representatives.

Stocks mixed ahead of week's key US inflation data

Stock markets fluctuated Monday as investors looked ahead to key US inflation data later in the week for clues on next interest-rate move by the Federal Reserve.

Experts question Albania's AI-generated minister

Last week, Albania announced that an AI-generated minister would take charge of a new public tenders portfolio.

New boss of Germany's crisis-hit railways vows 'new start'

The new chief of Germany's beleaguered rail network vowed Monday to make a new start, with the state-owned operator widely criticised for deteriorating services.

Markets mixed as traders take stock after Fed-fuelled rally

Stock markets fluctuated Monday as investors took a step back after last week's rally fuelled by the Federal Reserve's interest rate cut.

Climate goals and fossil fuel plans don't add up, experts say

Countries are still planning to increase production of fossil fuels to levels incompatible with global commitments on climate change, according to new research published on Monday.

Amazon faces US trial over alleged Prime subscription tricks

Amazon goes to trial on Monday in a US government lawsuit that accuses the e-commerce giant of using tricks to enroll millions of customers in its Prime subscription service and then making it nearly impossible to cancel.

Burkina's LGBTQ community fears 'witch hunt' after anti-gay law

Quentin, like others in Burkina Faso, fears a new anti-gay law will spark a "witch hunt" against the already at-risk LGBTQ community, which has been forced even further underground.

Coin Press - Economy (English)