The Fort Worth Press

Featured

Stock markets diverge on corporate earnings, tech jitters

Stock markets diverged Thursday as investors weighed a fresh batch of corporate earnings against growing concerns over whether the global technology boom can be sustained.

Oil majors reap bumper profits as Mideast war drives prices

Oil and gas giants Shell and TotalEnergies on Thursday reported soaring quarterly net profits as the Middle East war pushed up hydrocarbon prices -- and the cost of living around the world.

Last news

Nuclear arms spending soars as global tensions swell: studies

Nuclear-armed countries hiked spending on atomic weapons arsenals by a third in the past five years as they modernised their stockpiles amid growing geopolitical tensions, two reports showed on Monday.

Once fruitful, Libyan village suffers climate crisis

In the Libyan village of Kabaw in the Nafusa Mountains, M'hamed Maakaf waters an ailing fig tree as climate change pushes villagers to forsake lands and livestock.

'Meaty rice'? South Korean professor aims to change global protein

In a small laboratory in Seoul, a team of South Korean scientists are injecting cultured beef cells into individual grains of rice, in a process they hope could revolutionise how the world eats.

Shareholders OK with soaring executive pay in US

Executive salaries at major US corporations are soaring -- but shareholders happy with stock prices and greater transparency over remuneration are not pushing back.

Serbia could mine lithium as early as 2028: FT

President Aleksandar Vucic said Serbia could exploit lithium as early as 2028 following new guarantees from Australian mining giant Rio Tinto and the EU over the controversial project, the Financial Times reported on Sunday.

Hundreds gather in Kyiv for war-shrouded Pride march

Under the pouring rain and overshadowed by war, Dina Ivanova joined the few hundred who gathered in Kyiv on Sunday for the Ukrainian capital's first Pride march since the Russian invasion, guarded by a heavy police presence.

UK 'guinea pig' for election security before landmark votes

The UK general election is being watched closely after stark warnings that rapid advancements in cyber-tech, particularly AI, and increasing friction between major nations threaten the integrity of 2024's landmark votes.

Chinese Premier Li toasts warming trade ties in Australia

Chinese Premier Li Qiang mixed a dash of "panda diplomacy" with a visit to a historic vineyard on Sunday to celebrate a thaw in once-icy trade ties with Australia.

Zelensky seeks internationally agreed peace plan to present to Russia

As world leaders lined up to offer their support at summit for peace in Ukraine Saturday, President Volodymyr Zelensky voiced hope of garnering international agreement around a proposal to end the war that he could present to Moscow.

I.Coast relies on livestock from crisis-hit Sahel for Eid

At a muddy market in a city district in Ivory Coast, hundreds of animals are lined up to be sacrificed for this Sunday's Muslim festival of Eid.

Ukraine seeks path to just peace at Swiss summit

President Volodymyr Zelensky said he hoped to find paths to a "just peace" as soon as possible, as a first international summit on pathways to end Russia's war in Ukraine opened Saturday.

Ukraine summit to open in Switzerland, seeking path to peace

World leaders were set to join Ukrainian President Volodymyr Zelensky on Saturday for a summit on peace in his country. But without Russia in attendance, it is being seen as merely a first step in a long process.

Moschino unveils first men's collection by Appiolaza in Milan

Luxury Italian fashion house Moschino kicked off the men's catwalk shows at Milan Fashion Week Friday with its first menswear collection under new artistic director Adrian Appiolaza.

South Africa's Ramaphosa re-elected after coalition deal

South Africa's President Cyril Ramaphosa was re-elected for a second term on Friday, after his humbled ANC cobbled together an unprecedented coalition government.

Crew evacuated as ship hit by Yemen rebels drifts in Red Sea

The crew of a ship that was holed in an attack by Yemen's Huthi rebels has been evacuated and the vessel is drifting in the Red Sea, a security agency said on Friday.

Crews raze building that was scene of US school shooting

Crews started on Friday to tear down a building that was the scene of a US school shooting in 2018 that left 17 people dead.

French stocks drag down European markets on election jitters

The Paris stock exchange slipped on Friday towards its worst week in more than two years and the euro fell, dragging down other European markets as investors fret over France's looming snap election.

South African parties strike coalition deal

South Africa's newly elected parliament met Friday and was expected to re-elect President Cyril Ramaphosa to form an unprecedented coalition government after his humbled ANC cobbled together a deal.

Parents in 'emotional shock wave' after son freed from Gaza

When Andrey Kozlov saw his mother after being rescued from eight months of captivity in Gaza, the Russian-Israeli fell to his knees while she hugged him.

Yen drops and Nikkei rises as BoJ delays tightening; markets mixed

The yen fell and Tokyo stocks rose Friday after the Bank of Japan deferred a plan to cut back its bond purchases as it cautiously moves away from its ultra-loose monetary policy.

France makes 700-mn-euro offer for Atos security units

Debt-laden tech group Atos said Friday the French state has made a 700-million-euro bid for its most sensitive businesses, including cybersecurity and supercomputers used for the country's nuclear deterrent.

Bank of Japan to scale down huge bond-buying programme

The Bank of Japan on Friday said it would reduce its vast hoard of government bonds as it cautiously steps away from its long-running ultra-loose monetary policy.

G7 summit turns to simmering tensions with China

G7 leaders turn their attention to China on Friday on the second day of an Italy summit, with a focus on how to protect their industries while avoiding an outright trade war with Beijing.

IMF board approves Argentina payout of almost $800 mn

The IMF executive board voted Thursday to approve a payout of almost $800 million for Argentina as it continues a program of drastic economic reforms under its libertarian president, Javier Milei.

Microsoft faces heat from US Congress over cybersecurity

Members of US Congress on Thursday pressed Microsoft to explain a "cascade of avoidable errors" that allowed a Chinese hacking group to breach emails of senior US officials.

Argentine monthly inflation lowest in 2.5 years

Monthly inflation in economically troubled Argentina came in at 4.2 percent in May, the lowest in two-and-a-half years, mainly due to a drop in consumption, the INDEC statistics agency said Thursday.

European bourses fall amid political unease; Nasdaq ends at new record

Stock markets mostly retreated on Thursday as traders reacted to political uncertainty in Europe and the US Federal Reserve's plan to only cut interest rates once this year.

Bond-buying in focus as Bank of Japan decides policy

The Bank of Japan is expected to hold interest rates steady on Friday but reports said it could gradually reduce its vast hoard of government bonds as it shifts away from a long-running ultra-loose monetary policy.

Boeing rebuts US assertion of possible MAX prosecution, meeting deadline

Boeing has officially contested a Department of Justice determination that the passenger plane giant can be prosecuted for violating a criminal settlement following two fatal 737 MAX crashes, a person familiar with the matter told AFP Thursday.

G7 leaders agree $50 billion loan for Ukraine

G7 leaders agreed Thursday on a new $50 billion loan for Ukraine using profits from frozen Russian assets, support that was welcomed by President Volodymr Zelensky -- though he emphasised the need for more weapons.

LVMH, Accor team up to develop Orient Express brand

French hotel group Accor and luxury goods giant LVMH said Thursday they had entered into a "strategic partnership" to develop the fabled Orient Express brand.

Stocks fall after US Fed rate cut plans