Economy

Most viewed

Mexican farmer protest blocks US border bridge
Mexican farmer protest blocks US border bridge

Hundreds of farmworkers and truck drivers blocked the Mexican side of a major border bridge with the United States on Monday as part of an ongoing national farmers' strike. The protest blocked the Zaragoza-Ysleta International Bridge, which connects the US city of El Paso, Texas with Mexico's Ciudad Juarez.

by  AFP

Economy Latest News

German factory orders drop in new blow to Merz
German factory orders drop in new blow to Merz
by  AFP

German industrial orders unexpectedly fell in August, marking a fourth straight month of decline, official data showed Tuesday, the latest blow to the government's efforts to reboot the ailing economy. Analysts surveyed by financial data firm FactSet had predicted an increase of one percent in August.

Renewables overtake coal but growth slows: reports
Renewables overtake coal but growth slows: reports
by  AFP

Solar and wind farms generated more electricity than coal for the first time on record this year, but US and Chinese policy shifts are slowing growth, putting a global 2030 target out of reach, reports said on Tuesday. The report found that solar power generation jumped by a record 31 percent in the first six months of 2025, far outpacing wind, which grew 7.7 percent.

Extreme rains hit India's premier Darjeeling tea estates
Extreme rains hit India's premier Darjeeling tea estates
by  AFP

Torrential rains that triggered deadly landslides and floods in India's Darjeeling region also destroyed swathes of premier tea estates, officials said Tuesday. Landslides destroyed more than 500 houses, forcing hundreds into temporary shelters, while tourists trapped by floodwaters were rescued by earthmovers, officials said.

EU channels Trump with tariffs to shield steel sector
EU channels Trump with tariffs to shield steel sector
by  AFP

The European Union will take a page out of US President Donald Trump's tariff playbook on Tuesday with a plan to hike levies and slash quotas for imported steel -- to protect the bloc's struggling industry from cheap Chinese competition.

Open AI's Fidji Simo says AI investment frenzy 'new normal,' not bubble
Open AI's Fidji Simo says AI investment frenzy 'new normal,' not bubble
by  AFP

The dizzying investments in artificial intelligence infrastructure do not constitute a bubble but rather represent today's "new normal" to meet skyrocketing user demand, Fidji Simo, OpenAI's de facto number two, said on Monday. - Is the AI investment frenzy a bubble right now?

Tokyo stocks hit new record as Asian markets extend global rally
Tokyo stocks hit new record as Asian markets extend global rally
by  AFP

Japanese stocks hit another record Tuesday, building on the previous day's surge following the election of a pro-stimulus advocate to lead the country's ruling party, while gold also pushed to a new high amid the US government shutdown and French political upheaval.

Shhhh! California bans noisy TV commercials
Shhhh! California bans noisy TV commercials
by  AFP

Noisy TV commercials were banned in California on Monday, with a new law that demands pitchmen turn the volume down. "We heard Californians loud and clear, and what's clear is that they don't want commercials at a volume any louder than the level at which they were previously enjoying a program," Governor Gavin Newsom said after signing the bill into law.