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QNB expands cross-border funding for AI and digital infrastructure

QNB Group used its international network during the third quarter to finance AI computing, data centres, fibre networks, sovereign borrowing and business expansion across several markets.

France's Le Pen launches presidential bid vowing to restore 'rule of law'

Marine Le Pen, France's far-right candidate to succeed President Emmanuel Macron, kicked off her campaign Sunday vowing to "restore the rule of law" if elected next year.

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Stock markets rally, oil dips after surge

Major equity markets mostly rallied Tuesday as top Federal Reserve officials suggested a recent spike in US Treasury yields could prevent more interest rate hikes, while oil dipped one day after spiking on the Israel-Gaza conflict.

IMF says world economy resilient to shocks but 'limping'

The IMF kept its 2023 global growth forecast unchanged on Tuesday but warned that the economy is "limping along" as inflation remains high and the outlooks for China and Germany were downgraded.

UK Labour party's new love affair with British business

After years of disenchantment, British business leaders flocked to this week's Labour conference, signalling a reset in relations between the centre-left party and a corporate community scalded by the economic policies of the ruling Conservatives.

TotalEnergies hit with lawsuit over 2021 Mozambique jihadist massacre

Seven survivors and relatives of victims of a bloody 2021 jihadist attack in northern Mozambique have launched legal action against France's TotalEnergies, accusing it of failing to protect contractors at a multi-billion-dollar gas field, their lawyers said Tuesday.

Markets cheered by Fed rate hopes, oil eases after surge

Equities mostly rose Tuesday after top Federal Reserve officials suggested the recent spike in US Treasury yields could act as a substitute for further interest rate hikes.

Asian markets rally on Fed rate hopes, oil eases after surge

Equities rallied Tuesday after top Federal Reserve officials suggested the recent spike in US Treasury yields could act as a substitute for further interest rate hikes.

'They're afraid of joy': Pakistan's trans community fights hate

Clad in a Barbie-pink shalwar kameez, influencer and doctor Mehrub Moiz Awan reels off endless examples of harassment she's received since becoming the sharp-tongued figurehead of Pakistan's queer community.

China's Country Garden says might not meet all debt obligations

Debt-saddled Chinese property giant Country Garden said Tuesday that it did not expect to meet all of its offshore payment obligations in time as it battles to avoid default.

Global stocks mixed as oil surges on Israel-Gaza war

Wall Street rebounded Monday and European stocks dipped, as oil prices surged on fears that the war between Israel and Hamas militants in Gaza could escalate in the crude-rich Middle East.

US Fed should proceed 'carefully' on rate hikes, officials say

The US Federal Reserve should proceed carefully when deciding whether or not to hike interest rates further to bring down inflation, two senior officials said Monday.

t iOil soars as Hamas attack on Israel sparks war

Equity markets held their ground but world oil prices spiked Monday after Hamas launched a shock deadly attack on Israel, which has declared war on Gaza, sparking fear of an escalating conflict in the crude-rich Middle East.

2023: A record Nobel haul for women

It as been a record year for women in the Nobel prizes season, with Claudia Goldin of the United States swelling their ranks on Monday by winning the Economics Prize.

Oil soars as Hamas attack on Israel sparks war

World oil prices spiked Monday after Hamas launched a shock deadly attack on Israel, which has declared war on Gaza, sparking fear of an escalating conflict in the crude-rich Middle East.

Claudia Goldin wins Nobel for work on women in the labour market

The Nobel prize in economics was on Monday awarded to American economist Claudia Goldin for her research that has helped understand the role of women in the labour market.

Fears over Uganda's anti-gay law threaten HIV progress

At a mostly empty clinic catering to HIV patients, staff monitor CCTV footage for potential spies, reflecting the fear among Ugandan health workers following the adoption of a controversial anti-gay law.

Economics prize closes out 2023 Nobel season

The economics prize closes the prestigious Nobel awards season on Monday, with specialists on credit, the job market or inequalities expected to be among the contenders.

Oil prices jump as Hamas attack on Israel fuels supply fears

Oil prices rallied while the dollar and yen advanced Monday after Hamas launched a shock attack on Israel at the weekend, sparking fresh concerns about tensions in the Middle East.

IMF, World Bank hold first meetings in Africa in 50 years

The IMF and World Bank gather in Morocco Monday for their first annual meetings on African soil in 50 years, under pressure to reform to better aid poor nations blighted by debt and climate change.

A new 'Exorcist' takes possession of N.America box office

Fifty years after the original, newly released "The Exorcist: Believer" topped the North American box office this weekend with an estimated $27.2 million in ticket sales, industry watcher Exhibitor Relations said Sunday.

At a US shooting range, more women pull the trigger

Clad in a pink T-shirt that reads "A girl and a gun," firearms instructor Charneta Samms shows a group of women how to get a proper grip on a pistol.

US stocks bounce back to finish higher after surprising jobs data

Wall Street stocks rebounded to join major European indexes in positive territory Friday, after an initial sag as traders digested a hotter than expected US jobs report.

US auto workers' union reports progress, holds off on strike expansion

Citing last-minute progress in talks, the head of the US auto workers' union said Friday the labor group would maintain the current strike but not expand it to other plants this week.

Kenya's Ruto to ask China for $1bn loan, debt restructure

Kenyan President William Ruto will ask China for a $1-billion loan and a restructured debt payment plan, his deputy said Friday, despite having criticised his predecessor's heavy borrowing from Beijing.

Poland and Hungary clash with EU over migration reform

A furious row over planned changes to Europe's migration rules overshadowed an EU summit Friday, although supporters of the reform vowed opposition from Poland and Hungary would not derail it.

Hot US jobs data fails to take shine off markets

After an initial sag to digest hotter than forecast US employment data, Wall Street joined major European indices in positive territory Friday despite fears a bullish jobs market will likely keep interest rates higher for longer.

Pioneer shares rocket higher on ExxonMobil takeover reports

Shares of Pioneer Natural Resources surged more than 10 percent Friday following reports the shale producer is nearing a megadeal to be acquired by ExxonMobil.

Wall Street cools on hot US job data

Wall Street cooled Friday on hot US employment data for September amid fears the bullish jobs market showing may keep interest rates higher for longer.

US logs fastest hiring pace in months

US employers picked up their hiring pace unexpectedly in September while unemployment held steady, government data showed on Friday, adding pressure on policymakers seeking to cool the economy.

Stock markets advance before US jobs

Major stock markets mostly advanced and the dollar struggled Friday before the release of key US jobs data set to influence the outlook for interest rates.

Africa to get 'stronger voice' at IMF: Georgieva

Sub-Saharan Africa will have a "stronger voice" at the International Monetary Fund as it will get a third seat on the global lender's executive board, IMF chief Kristalina Georgieva told AFP.

Narges Mohammadi: Iran's defiant voice even behind bars

Iranian campaigner Narges Mohammadi has for decades campaigned on the most sensitive issues in the Islamic republic, opposing pillars of the clerical system including capital punishment and the obligatory hijab, and defiantly refusing to give up her campaigning even behind bars.

China's North Korean eateries refuse South Korean diners

South Koreans hoping to taste authentic North Korean cuisine abroad may be out of luck, with Pyongyang-run restaurants across northern China saying they will refuse to serve their capitalist compatriots.

The Fort Worth Press - Economy (English)