Coin Press - Economy

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Featured

Stocks, dollar hesitant as traders brace for Nvidia earnings

Global markets were mixed on Monday as traders largely treaded water after a busy period that saw a post-election "explosion" in enthusiasm in the United States, followed by a pullback last week.

Biden in 'historic' pledge for poor nations ahead of Trump return

US President Joe Biden announced a "historic" $4 billion pledge for a World Bank fund that helps the world's poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda.

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Joy, dark fears as far-right AfD wins east German vote

The mood was jubilant Sunday among supporters of the far-right AfD after the party triumphed in a regional election pundits labelled a political earthquake.

'Deadpool' leads again as N.American box office closes summer strong

"Deadpool & Wolverine" led the North American box office again this weekend, taking in an estimated $15.2 million and helping boost domestic August totals well above pre-pandemic levels for a strong summer finish, analysts said Sunday.

African leaders in Beijing eyeing big loans and investment

African leaders descend on China's capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the continent.

US rapper Fatman Scoop dead after collapsing on stage

US rapper Fatman Scoop has died, his manager announced Saturday, after the 53-year-old artist suffered a medical emergency while performing on stage.

Oasis fans struggle as tickets for reunion tour nearly sold out

Millions of Oasis fans queued online early Saturday to buy tickets for the British legends' hotly-anticipated reunion tour next year, but many were left frustrated after booking websites appeared overwhelmed.

Oasis tribute act in demand ahead of real band's reunion tour

Oasis' reunion tour next year has not only sparked a frenzy for tickets to see the legendary British band, but also spiked the interest in tribute group Definitely Mightbe.

Fans struggle as tickets for Oasis reunion tour go on sale

Millions of Oasis fans queued online early Saturday to buy tickets for the British legends' eagerly-awaited reunion tour next year, but many were frustrated after booking websites appeared overwhelmed.

Turkey's top Kurdish football club resists hatred

The slurs shouted by the ultras of a football club in northwest Turkey at their Kurdish rivals is just one way that the decades-old feud opposing Turks and Kurds plays out in the sport.

Tickets for Oasis reunion tour to go on general sale

Tickets for next year's Oasis reunion tour are set to sell out within minutes of going on sale early Saturday, as fans vie to see the British legends live for the first time since 2009.

Right-wing activist leads charge against US equality push

Ordinary Americans have "had enough" of inclusivity and diversity policies at US companies, according to Robby Starbuck, who has led a one-man campaign against the controversial initiatives.

In North Carolina, Democrats counting on young voters

For several months, Yampiere Lugo has been going door to door, urging young people in North Carolina to vote in November.

India growth slows to 6.7% on lower consumer spending

India's economic growth slowed to 6.7 percent on-year in the April-June quarter, official data showed Friday, as lower government outlays and lacklustre consumer spending weighed on the world's fifth-largest economy.

Nigeria's Lagos turns to waterways for green transport solution

Nigerian saleswoman Ivy Junaid says her daily half-an-hour commute from mainland Lagos to the city's island business district has changed her life.

Eurozone inflation falls to three-year low in August

Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday, raising expectations of a European Central Bank interest-rate cut.

Markets rally on US data after Dow hits record on Wall St

Asian and European markets rose Friday after a record day on Wall Street, boosted by a strong round of US data that reassured investors over the health of the world's top economy, while focus turns to the release of key inflation figures.

Far-left rebel seeking peace with Putin rocks German politics

A radical far-left politician who wants to make peace with Russia's Vladimir Putin looks set to play a key role in regional elections in the former East Germany on Sunday.

Apple in talks to invest in OpenAI: report

iPhone juggernaut Apple is in talks to invest in OpenAI, the creator of ChatGPT and the biggest name in generative artificial intelligence, a news report said Thursday.

CHiPs: French fries spill shuts California highway

A crash that left boxes of french fries scattered across the road shuttered a major California highway on Thursday.

US, European stocks shrug off Nvidia slump to rise on rate hopes

US and European stock markets rose Thursday as investors shrugged off a drop in shares of chip giant Nvidia and turned their attention back to expectations of lower interest rates.

Paraguay's abundant hydropower draws crypto miners, legal and not

In the Paraguayan city of Hernandarias, a data center with row upon row of supercomputers stands as a testament to a burgeoning crypto mining sector fueled by the South American country's abundance of green electricity.

Why Telegram chief's arrest raises 'red flags' for tech bosses

Now that France has charged Telegram's founder with failing to stop illegal activity on his platform, other tech bosses may have reason to weigh the wisdom of jetting into Europe themselves.

US, European stocks rise, shrug off Nvidia share drop

US and European stock markets advanced on Thursday, with Frankfurt hitting a new record, as investors shrugged off a drop in shares of chip giant Nvidia and turned their attention back to interest rates.

Stop using our songs, ABBA tells Trump

The record label for iconic Swedish pop group ABBA said Thursday it has demanded that US presidential hopeful Donald Trump stop playing its music at his campaign rallies.

European, Asian stocks diverge after Nvidia earnings results

Asian stock markets wavered but Europe advanced on Thursday, with Frankfurt hitting a new record, as investors digested earnings results by US chip titan Nvidia.

Chinese tech giant Huawei posts 34.3% rise in first-half sales

Chinese tech giant Huawei said Thursday that sales surged in the first half of the year, even as it struggles under the weight of sanctions that have deprived it of technology from the United States.

Floods submerge Vietnam's dragon fruit farms

Floods submerged hundreds of hectares of dragon fruit farms in south Vietnam, residents told AFP on Thursday, with many villagers forced to seek shelter on higher ground.

Tech weighs on Asian markets after Nvidia results

A sell-off in tech firms dragged Asian markets down Thursday after investors were left disappointed by earnings from chip titan Nvidia that stoked concerns about the outlook for all things artificial intelligence.

Tech weighs down Asian markets after Nvidia results

Harris election bid galvanizes Black students at her alma mater

At Howard University, the historically Black college that educated Kamala Harris four decades ago, students are dreaming about how her victory in the US presidential election could elevate the institution -- and their own ambitions.

Pessimism dogs eastern Germany despite economic gains

With its shiny new housing estates, scores of building sites and bustling city centre, Jena represents the fresh face of the former East Germany.

Profits decline as Qantas looks to win back angry customers

Australian airline Qantas reported on Thursday a slide in net profit as post-Covid fares dropped, and said it was working to rebuild its reputation after a string of public scandals.

Qantas profits descend as fares fall after Covid

Australian airline Qantas on Thursday reported a slide in net profit as post-Covid fares dropped, but said it was working to rebuild its reputation after a string of public scandals.

Coin Press - Economy (English)