Saturday, August 2, 2025
Economy
Trump taps Michelle Bowman to be US Fed vice chair for supervision
Washington (AFP) - US President Donald Trump on Monday picked Michelle Bowman to be the Federal Reserve's next vice chair...
New blow to German auto sector as Audi announces job cuts
Frankfurt (Germany) (AFP) - Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense...
US retail sales weaker than expected as consumer health under scrutiny
Washington (AFP) - US retail sales logged smaller gains than expected in February according to government data released Monday, edging...
Court upholds £3 bn lifeline for UK’s top water supplier
London (AFP) - A UK court on Monday upheld an emergency loan granted to Thames Water, allowing Britain's largest such...
OECD lowers global growth projections over tariffs, uncertainty
Paris (AFP) - Trade tensions and geopolitical uncertainties are weighing on economic perspectives, the Organisation for Economic Co-operation and Development...
From determination to despair: S.Africa’s youth battling for work
Daveyton (South Africa) (AFP) - In a corner of his mother’s backyard, 30-year-old Thabang Moshoke runs a clipper through a...
Data shows patchy Chinese economy in first two months of the year
Beijing (AFP) - China's economy charted an uneven trajectory in the first two months of the year, a slew of...
‘Impossible’: US breweries buffeted by Trump tariffs
Alexandria (United States) (AFP) - For US craft brewer Bill Butcher, President Donald Trump's expanding range of tariffs have sparked...
Carbon capture industry tweaks message for the Trump era
Houston (AFP) - Backers of carbon capture and storage are emphasizing compatibility with President Trump's energy development goals as they...
US Fed likely to keep rates steady as Trump uncertainty flares
Washington (AFP) - The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this...
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