Tuesday, August 11, 2026
Economy
Beijingers feel the pinch as economic data disappoints
Beijing (AFP) - Shopping online, skipping meals out and a general sense that decades of double-digit growth are very much...
Recent data adds to Fed confidence on cooling inflation: Powell
Washington (AFP) - Federal Reserve Chair Jerome Powell said Monday that recent data boosts the central bank's confidence that inflation...
Swatch profits plunge as China luxury crisis bites
Zurich (AFP) - Swiss watch group Swatch saw its first half profits plunge due to the luxury market crisis in...
Belgrade’s sewage problem festers despite pledges
Belgrade (AFP) - The sight of ducklings struggling to swim in Belgrade's stinking sewage-choked rivers is one residents hope a...
Pakistan pledges $7 billion IMF aid deal will be its last
Islamabad (AFP) - The International Monetary Fund has agreed to loan Pakistan $7 billion to bolster its faltering economy, with...
Pakistan reaches $7 bn aid deal with IMF
Islamabad (AFP) - The International Monetary Fund said it reached a new $7 billion loan deal with Pakistan in a...
Turkey puts its best foot forward to charm Chinese investors
Ankara (AFP) - Turkey plans to draw on its geographical position and an EU customs deal to entice Chinese investors...
Mixed profits at US banks amid weaker signs from low-income customers
New York (AFP) - JPMorgan Chase and Citigroup reported increased second-quarter profits Friday despite somewhat higher costs to account for...
Delta profits drop despite solid demand, hitting airline shares
New York (AFP) - Delta reported lower quarterly profits Thursday despite still-strong travel demand as it moderated a plan to...
Lufthansa issues profit warning, launches ‘turnaround’
Frankfurt (Germany) (AFP) - German airline giant Lufthansa slashed its 2024 profit forecast Friday after a weak second quarter and...
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