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Global stock markets edge higher as US inflation eases rate fears

Global stock markets mostly edged higher on Monday as traders welcomed below-forecast US inflation data that raised hopes about the health of the world's biggest economy.

US probes China chip industry on 'anticompetitive' concerns

The United States said Monday it is opening an investigation into China's policies for its semiconductor industry, over concerns that Beijing is turning to "extensive anticompetitive and non-market means" to undermine other economies.

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Steelmaker ArcelorMittal to close two plants in France: unions

ArcelorMittal, the world's second-biggest steelmaker, plans to close two plants in northern France, which together employ more than 130 people, unions said on Monday.

Macy's says employee hid up to $154 mn in costs over 3 years

Macy's disclosed Monday that an employee had hidden up to $154 million in expenses through false accounting entries over more than three years.

Awaiting Commerzbank, Italy's UniCredit bids for Italian rival

With its plans for Germany's Commerzbank seemingly stalled, UniCredit, Italy's second-largest lender, launched Monday a bid to buy its rival BPM for 10.1 billion euros ($10.6 billion).

Stocks push higher on Trump's 'steady hand' for Treasury

Stocks rose Monday on both sides of the Atlantic as traders welcomed Donald Trump's pick for Treasury secretary, seen as a reassuring choice promising ambitious goals to spur growth in the world's biggest economy.

Chanel family matriarch dies aged 99: company

Eliane Heilbronn, mother of the secretive owners of luxury group Chanel, has died aged 99, the company said on Monday.

British business group hits out at Labour's tax hikes

British business lobby group, the CBI, on Monday hit out over the Labour government's tax hikes on firms, saying the "heavy burden" risked cuts to hiring and investment.

Maximum term sought in French mass rape trial for husband who drugged wife

French prosecutors on Monday demanded a maximum 20-year jail term for the man charged with enlisting dozens of strangers to rape his heavily sedated wife, in a trial that has shaken France.

Beeches thrive in France's Verdun in flight from climate change

An assisted migration of beech trees in need of protection from climate change is bearing its first fruits in France after 13 years, with saplings now gracing the former World War I battlefield of Verdun.

Deep divisions on display at plastic pollution treaty talks

A final round of talks on a treaty to curb plastic pollution opened on Monday, with deep differences between nations emerging almost immediately.

Equity markets mostly on front foot, as bitcoin rally stutters

Major stock markets mostly rose Monday as traders welcomed Donald Trump's pick for Treasury secretary, while bitcoin's push to $100,000 ran out of steam after coming within a whisker of the mark last week.

Maximum term demanded in French rape trial for husband who drugged wife

French prosectors said on Monday they were seeking the maximum 20-year jail term for the man charged with enlisting dozens of strangers to rape his heavily-sedated wife, in a trial that has shaken France.

Le Pen threatens to topple French government over budget

French far-right figurehead Marine Le Pen on Monday threatened to back a no confidence motion that could topple the government of Prime Minister Michel Barnier in a standoff over the budget, saying after talks both sides were entrenched in their positions.

Equity markets mostly on front foot, bitcoin rally stutters

Most markets rose Monday following a record close on Wall Street as traders welcomed Donald Trump's pick for Treasury secretary, while bitcoin's push to $100,000 ran out of steam after coming within a whisker of the mark at the end of last week.

Asian markets mostly on front foot, bitcoin rally stutters

Most Asian markets rose Monday following a record close on Wall Street as traders welcomed Donald Trump's pick for Treasury secretary, while bitcoin's push to $100,000 ran out of steam after coming within a whisker of the mark at the end of last week.

Donkeys offer Gazans lifeline amid war shortages

Amina Abu Maghasib's livelihood rests on one animal: a donkey that pulls the cart she uses to transport people around Gaza, where more than a year of war has led to a widespread shortage of fuel for cars.

Asian markets begin week on front foot, bitcoin rally stutters

Asian markets rose Monday following a record close on Wall Street as traders welcomed Donald Trump's pick for Treasury secretary, while bitcoin's push to $100,000 ran out of steam after coming within a whisker of the mark at the end of last week.

K-pop fans take aim at CD, merchandise waste

K-pop fan Kim Na-Yeon used to buy stacks of the same album when there was a new release, hoping to find one of the rare selfies of her favourite stars tucked between the plastic covers.

'Crucial week': make-or-break plastic pollution treaty talks begin

A final round of talks on a treaty to end plastic pollution opens on Monday, with the diplomat chairing the difficult negotiations warning nations not to miss a "once-in-a-generation opportunity".

Basel backs splashing the cash to host Eurovision

Basel voters on Sunday overwhelmingly approved the city putting up nearly $40 million towards hosting next year's Eurovision Song Contest, meaning the giant TV extravaganza will go ahead with its customary full-on razzmatazz.

Basel backs splashing the bucks to host Eurovision

Basel voters on Sunday overwhelmingly approved the city putting up nearly $40 million towards hosting next year's Eurovision Song Contest, meaning the continental TV extravaganza will go ahead with its customary full-on razzmatazz.

Edinburgh's alternative tour guides show 'more real' side of city

Edinburgh, one the most visited cities in Europe, is offering tourists the chance to see it from a different angle -- through the eyes of tour guides who have slept on its streets.

Wounded Bangladesh protesters receive robotic helping hand

Squeezing rubber-covered robotic prosthetic hands, Bangladesh protesters wounded during the deadly revolution to topple autocratic leader Sheikh Hasina test out replacement arms for their lost limbs.

Palestinian pottery sees revival in war-ravaged Gaza

Traditional clay pottery is seeing a resurgence in the Gaza Strip, where Palestinians are forced to find solutions for a shortage of plates and other crockery to eat from in the territory ravaged by more than a year of war.

Afghan women turn to entrepreneurship under Taliban

When Zainab Ferozi saw Afghan women struggling to feed their families after Taliban authorities took power, she took matters into her own hands and poured her savings into starting a business.

Trump's mass deportation plan could end up hurting economic growth

President-elect Donald Trump's hardline immigration proposals -- including a controversial mass deportation plan -- could prove economically damaging, analysts say, with US sectors that rely heavily on foreign workers like agriculture and construction especially hard hit.

Scientists seek miracle pill to stop methane cow burps

A scientist guides a long tube into the mouth and down to the stomach of Thing 1, a two-month-old calf that is part of a research project aiming to prevent cows from burping methane, a potent greenhouse gas.

Scott Bessent a credible, safe pick for Treasury: experts

Hedge fund manager Scott Bessent is a credible, safe choice for US Treasury secretary -- and one that is likely positive for markets -- observers said Saturday following President-elect Donald Trump's highly anticipated nomination.

Storms bring chaos to Ireland, France, UK

Ireland, Britain and France faced travel chaos on Saturday and one person died as a winter storm battered northwest Europe with strong winds, heavy rain, snow and ice.

Tokyo police care for lost umbrellas, keys, flying squirrels

Lost your umbrella, keys, or perhaps a flying squirrel? In Tokyo, the police are almost certainly taking meticulous care of it.

What forcing Google to sell Chrome could mean

US antitrust lawyers are calling on a judge to force the sale of Google's Chrome browser to limit the company's market clout in a move that would shake up the internet giant.

Budget, debt: Trump's Treasury chief faces urgent challenges

President-elect Donald Trump's new Treasury chief needs to hit the ground running once he takes office, tasked with rolling out his boss's economic vision and grappling with the country's debt limit.

Trump names hedge fund manager Scott Bessent as Treasury chief

US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.

Portugal Colonial - Economy (English)