The Fort Worth Press

Featured

France's Macron lands in Riyadh on surprise 'solidarity' visit

French President Emmanuel Macron landed in Riyadh in a surprise "solidarity" visit, making him the first Western leader to touch down in the kingdom since Yemen's Iran-backed Houthis intensified their attacks this month.

South Africa eases fuel pain as growth slows

South Africa announced fresh fuel-relief measures on Wednesday to cushion motorists and commuters battered by record pump prices as uncertainty roils global energy markets.

Last news

In Morocco hills, cannabis farmers bet on budding industry

In the hills of northern Morocco, vast cannabis fields are ready for harvest, but farmers complain that a government plan to market the crop legally is yet to deliver them any benefits.

Hong Kong 'Rick and Morty' fans spot protest codes in new episode

Eagle-eyed Hong Kong fans of the adult cartoon sitcom "Rick and Morty" have spotted oblique references to the city's democracy movement in the latest episode of the cult sci-fi show.

Beaten and robbed: Vietnamese fisherman recounts China attacks

Vietnamese fisherman Nguyen Van Loc has been attacked by Chinese coast guard vessels so many times, he has lost count.

OPEC+ expected to slash oil output

Major oil producers led by Saudi Arabia and Russia were set to meet Wednesday as reports said they were mulling an output cut of up to two million barrels per day in a bid to prop up slumping prices.

Energy crisis feared by Europe long a reality in Iraq

Europe may fear an energy crisis over the coming winter, but for Iraqis an unstable power supply and frequent blackouts have been a reality during decades of war and turmoil.

Equities extend rally on rate hopes, traders await OPEC decision

Asian investors joined their Wall Street and European counterparts in an equity buying spree Wednesday as more data pointing to weakness in the US economy further fanned hopes the Federal Reserve could temper its rate hike campaign.

UK's Truss rejects 'drift and delay' in defiant speech to Tories

Britain's Prime Minister Liz Truss is set Wednesday to close her party's tumultuous annual conference with an unabashed defence of "disruption" to counter economic "drift and delay".

Stocks surge on hopes interest rate hikes will slow

Global stocks gained on Tuesday and the dollar slid amid growing hopes the Federal Reserve could ease its interest-rate hiking plans.

EU pushes to impose Iran sanctions over Mahsa Amini 'killing'

The European Union said Tuesday it was weighing tough new sanctions on Iran over a lethal crackdown on protests sparked by the "killing" of Mahsa Amini, after a similar move by the United States.

US to require extra hour of rest for flight attendants

US authorities will require flight attendants be given an additional hour to rest between trips, according to new rule announced Tuesday.

Atalanta fined for 'racist' chants at Fiorentina owner

Atalanta have been fined 12,000 euros ($11,969) after their fans directed "territorially offensive" chants at Fiorentina owner Rocco Commisso.

Stocks surge on interest rate hopes

Global stocks rallied Tuesday and the dollar mostly slid as weak US data sparked hopes the Federal Reserve could ease its interest-rate hiking plans.

Power blackouts hit 130 million people in Bangladesh

At least 130 million people in Bangladesh were left without power on Tuesday after a grid failure caused widespread blackouts, the government's power utility company said.

Micron unveils new $100 bn New York semiconductor plant

Micron announced Tuesday it will invest up to $100 billion to build semiconductors in New York state, capitalizing on US policies to boost domestic manufacturing of key goods.

Just can't get enough: Depeche Mode back with new album, tour

British electronic music pioneers Depeche Mode announced a comeback on Tuesday with an upcoming new album and their first tour in more than five years, following the death of founding member Andrew Fletcher.

UK's Truss says 'no shame' in climbdown amid Tory tensions

Britain's Prime Minister Liz Truss insisted Tuesday she felt "no shame" and vowed to press on with unpopular economic reforms despite lurching into a self-inflicted crisis just a month into her term.

Shell CEO hints energy firms should pay more tax

Shell's departing chief executive indicated Tuesday that governments should "probably" tax energy firms more to help protect the poorest from rocketing electricity and gas bills and ease the cost-of-living crisis.

Kristen Stewart stars at Chanel show

Actor Kristen Stewart starred in a cinematic tribute by Chanel on the final day of Paris Fashion Week on Tuesday.

EU lawmakers impose single charger for all smartphones

The EU parliament on Tuesday passed a new law requiring USB-C to be the single charger standard for all new smartphones, tablets and cameras from late 2024.

Markets rally, dollar dips as US data tempers rate fears

Asian markets rallied Tuesday and the dollar eased after weak US factory data sparked optimism that a series of big interest rate hikes were taking their toll, allowing the Federal Reserve to ease its foot off the pedal.

Australia hikes rates less than forecast, boosting stocks

Australia raised interest rates less than expected Tuesday, boosting stocks and dragging the local dollar lower, as officials grow concerned about a slowing global economy sparked by rising borrowing costs and surging prices.

How China's civil society collapsed under Xi

Human rights activist Charles remembers a time when civil society was blossoming in China, and he could dedicate his time to helping improve the lives of people struggling in blue-collar jobs.

Why crypto's big 'merge' is causing big headaches

The biggest software upgrade in the short history of crypto has fulfilled its promise to wipe out more than 99 percent of the electricity used by the second-biggest cryptocurrency, experts have told AFP.

As Iraq concrete jungle swelters, ancient stone houses stay cool

As the sun beats down on Iraq, most people swelter in their concrete homes -- but not the inhabitants of one mountain town known for its ancient and cool stone houses.

Twitter Blue subscribers getting edit feature

Twitter on Monday said a feature to edit tweets is being rolled out to those subscribing to its Blue service in Australia, Canada and New Zealand.

US auto sales remain slow in third quarter

Automakers saw lackluster US sales in the third quarter, as manufacturers continued to grapple with supply constraints, according to reports from the companies Monday.

More data needed to tackle systemic racism by police: UN experts

A dearth of data in many countries on the race and ethnicity of people arrested or killed by police presents a major barrier to tackling systemic racism, UN investigators warned Monday.

US 'broad-based' inflation will take time to come down: Fed official

While there are some signs that global and domestic inflation pressures are easing, high prices have spread, making it harder to quell quickly, a top US central banker said Monday.

Concerns over Credit Suisse viability surge as shares dive

Credit Suisse shares plunged to new lows Monday, spurring swelling fears and even suggestions the bank could face a "Lehman Brothers moment", despite expert assurances it is too big to fail.

UK govt vows reform despite U-turn on tax cut for the rich

Britain's under-fire finance minister Kwasi Kwarteng on Monday vowed to press on with his controversial economic reform plans, despite announcing a dramatic U-turn on a controversial tax cut for high earners.

France 'ready' for winter as Macron adopts polo neck trend

French Prime Minister Elisabeth Borne said Monday that the country was "ready" for the winter despite gas shortages in Europe -- providing consumers made efforts to reduce their energy consumption.

Turkey and Libya sign maritime hydrocarbons deal

Turkey's foreign minister signed a deal in Libya's capital Monday allowing for oil and gas exploration in Libya's Mediterranean waters, three years after a maritime border deal that angered European nations.

The Fort Worth Press - Economy (English)