Coin Press - Economy

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Featured

Farmers descend on London to overturn inheritance tax change

British farmers have threatened to choke the streets of the UK capital on Tuesday, calling on the government to overturn a controversial plan to change inheritance tax rules for land ownership.

Multiple children injured in car crash at central China school

Multiple students were injured Tuesday when a car crashed outside a primary school in central China's Hunan province, state media said.

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French prosecutors request trial in Depardieu rape probe

Paris prosecutors called Thursday for film legend Gerard Depardieu to face trial for the alleged rape of a fellow actor, ahead of another case against him set to be heard in October.

Canada government steps in to end crippling freight rail shutdown

Freight rail operations were set to resume across Canada on Thursday following federal intervention to end a crippling disruption triggered by labor disputes at the country's two main operators.

World's second largest diamond found in Botswana

A massive 2,492-carat diamond -- the second largest in the world -- has been discovered in Botswana, the Canadian mining company that found the stone announced Thursday.

Nestle CEO Schneider to step down after eight years at helm

Nestle chief executive Mark Schneider is leaving the Swiss food group after eight years in charge and will be replaced by Latin America boss Laurent Freixe, the company said Thursday.

Canada rail freight shut down threatens to disrupt economy

A labor dispute in Canada threatened to disrupt the North American economy on Thursday after the county's two rail operators shut operations, locking out nearly 10,000 workers.

US existing home sales rise in July, ending downward trend

Sales of previously owned homes in the United States edged up in July, industry data showed on Thursday, breaking a four-month trend of declines.

War cook: Ukrainian soldier-influencer's winning recipe

Standing amid ruins in east Ukraine, Ruslan Mokrytskyi held a combat knife and concentrated on cutting onions without crying. As trivial as it seems on the front line, it is still not easy.

Stock markets buoyed by US rate cut hopes

European and Asian stock markets rose on Thursday on growing optimism that the US Federal Reserve will cut interest rates next month.

Asia tracks Wall St. rally after US jobs data, Fed minutes

Stocks edged up in Asia on Thursday after Wall Street returned to winning ways on the back of softer-than-expected jobs data and minutes showing some Federal Reserve officials were open to an interest rate cut at their meeting last month.

Skiing in a Madrid shopping centre when it's 34C outside

They take off their flip flops and put on ski suits and gloves. Outside this Madrid mall, it's scorching, but at Snozone, customers are happy to ignore the summer heat -- and environmental issues.

Kenyan Paralympian Wawira finds 'courage' in powerlifting

In a claustrophobic dimly-lit room in a Nairobi stadium, the diminutive Kenyan Paralympian Hellen Wawira Kariuki barely breaks a sweat as she powerlifts nearly double her weight, her coach urging her on.

Asia struggles to track Wall St up after US jobs, Fed minutes

Stocks fluctuated in Asia on Thursday after Wall Street returned to winning ways on the back of softer-than-expected jobs data and minutes showing some Federal Reserve officials were open to an interest rate cut at their meeting last month.

South Korean pet care goes high-tech with AI diagnostics

When five-year-old goldendoodle Mozzi started walking "unnaturally", his concerned owner rushed him to the vet in South Korea, where the problem was diagnosed not by humans but by AI.

Microsoft seeks to win over new players at gamer gathering

Microsoft held its biggest video game stand ever at the sector trade show Gamescom in Germany on Wednesday, aiming to win over players after several rocky months of studio closures and rising fees.

Five bodies found, one still missing in UK tycoon shipwreck

Divers searching for six people missing after a superyacht sank off Sicily, including UK tech tycoon Mike Lynch, on Wednesday found five bodies in the wreck, AFP journalists and reports said.

US jobs data point to weaker than expected market

The US jobs market was probably cooler than expected in the year through March, Labor Department data showed Wednesday, signaling weaker but still-positive growth.

Indian PM pays homage to 'Good Maharaja', host to Polish war orphans

Starting a visit to Poland, Indian Prime Minister Narendra Modi on Wednesday commemorated a "Good Maharaja" who hosted hundreds of Polish orphans during World War II.

Four bodies found in Sicily yacht wreck search

Divers searching for six missing people following the sinking of a superyacht off Sicily have found four bodies, a source close to the search told AFP Wednesday.

Ford adjusts EV lineup as it aims to lower vehicle cost

Ford announced Wednesday fresh changes to its electric vehicle lineup, including the scuttling of a planned SUV model, lifting shares despite a hefty near-term profitability hit.

Gamer gathering opens in Germany with 'Borderlands' news

Hundreds of thousands of video game fans and industry figures were converging Wednesday on Germany's Cologne for the sector's biggest trade show.

European stocks bounce as traders await Fed speech

European stock markets rebounded on Wednesday but Asia slipped as investors had little to go on before a keenly-awaited speech by US Federal Reserve chief Jerome Powell at the end of the week.

Switzerland moves towards cashless future with instant payments

Switzerland's new instant payment system will bolster the future of cashless payments in the country, the Swiss central bank said Wednesday after the scheme went live.

Rise in UK borrowing narrows budget options for new govt

UK government borrowing jumped by far more than expected in July, official figures showed Wednesday, stoking fresh anxiety for the new Labour government ahead of its first budget in just over two months.

Stocks mixed as traders pause Fed-fuelled rally

Equity markets saw cautious moves Wednesday as traders take a breather from a global rally that has been fuelled by expectations the Federal Reserve will cut interest rates next month.

Let it shine: top solar projects worldwide

Australia on Wednesday approved plans for a massive solar hub intended to power millions of homes domestically and supply electricity to Singapore.

Australia greenlights world's 'largest' solar hub

Australia on Wednesday approved plans for a massive solar and battery farm that would export energy to Singapore, a project billed as the "largest solar precinct in the world".

Crocodile mauls woman to death in Indonesia

A crocodile killed a woman bathing in a river in eastern Indonesia, police and locals said Wednesday, with villagers later recovering parts of her body from the slaughtered animal.

Australia green lights world's 'largest' solar hub

Australia on Wednesday approved plans for a massive solar and battery farm that would export energy to Singapore, a project it calls the "largest solar precinct in the world".

'Abuse every day': Indian female medics speak out after brutal murder

Saving lives was the childhood dream for 28-year-old Indian doctor Radhika, but after the brutal rape and murder of a colleague her own safety has increasingly become a top concern.

Cleanup hopes for neighbors of Mexico's 'toilet bowl' wastewater dam

On the banks of a wastewater dam in central Mexico, under a dense cloud of mosquitoes, Yury Uribe is finally seeing hope after spending decades in "environmental hell."

Boeing suspends 777X flight tests after part failure

Boeing has suspended flight testing of its new 777X wide-body jet after identifying the failure of a part connecting the engine to the body of the aircraft, the manufacturer told AFP on Tuesday.

New 'Call of Duty' and 'Borderlands 4' games announced at leading show

The release dates for new episodes of the "Call of Duty" and "Borderlands" video games were announced Tuesday at the opening of the Gamescom showcase.

Coin Press - Economy (English)