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At summit under Trump shadow, Xi and Biden signal turbulence ahead

US President Joe Biden and Chinese counterpart Xi Jinping on Friday warned of turbulent times ahead, in remarks at an Asia-Pacific economic summit in Lima overshadowed by Donald Trump's impending return to the White House.

Xi warns against 'protectionism' at APEC summit under Trump cloud

Chinese President Xi Jinping warned Friday the world was entering an era of harmful "protectionism," in remarks to an Asia-Pacific summit in Lima overshadowed by fears of new trade wars under Donald Trump.

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Argentina authorizes Starlink, rival Amazon Kuiper

Argentina on Monday gave authorization for the deployment of Starlink, the satellite internet service of Elon Musk -- a fan of the South American country's self-styled new "anarcho-capitalist" President Javier Milei.

Biden and Trump to visit US-Mexico border on same day

President Joe Biden and Donald Trump will both visit the US-Mexico border on Thursday in a high-profile clash of schedules as they vie to win over voters on immigration -- one of the hottest issues in the 2024 election.

New farmer show of force as EU ministers vow to target red tape

Farmers faced off with riot police in Brussels streets paralysed by tractors on Monday, as EU ministers huddled to try to streamline rules and reduce red tape fuelling protests across the bloc.

Breast-feeding French athletes offered hotels at Paris Olympics

The French Olympic Committee said Monday that it would provide hotel rooms for breast-feeding French athletes during the Paris Olympics because children are set to remain barred from the athletes' village.

US can house 'entire' supply chain for advanced chips: Commerce Dept

US Commerce Secretary Gina Raimondo expressed confidence Monday that the country can house the entire silicon supply chain for making advanced chips, including tech that is key for artificial intelligence.

Two shot dead as Guinea capital crippled by general strike

Two youths were shot dead Monday as Guinea's capital was paralysed on the first day of an open-ended general strike, a key test for the junta that seized power in 2021 and banned demonstrations while muzzling critics.

Contested EU biodiversity law hangs by a thread

The future of a landmark EU law to protect nature appeared uncertain on Monday, after the bloc's biggest group of lawmakers said they would not back the rules under a package denounced by farmers.

China's BYD lands auto shipment in car powerhouse Germany

Thousands of cars from China's BYD rolled off a ship in the German port of Bremerhaven on Monday, as the world's biggest electric carmaker brought its challenge directly to Europe's auto making powerhouse.

US new home sales rise less than expected in January

Sales of new homes in the United States picked up less than anticipated in January, while the median price also climbed, according to government data released on Monday.

Swiss chocolate giant Barry Callebaut may cut 18% of jobs

Swiss chocolate maker Barry Callebaut said Monday that it may cut almost one in five jobs over the next 18 months as part of efforts to cut costs.

Navalny team says prisoner swap was close before his death

Allies of late Russian opposition politician Alexei Navalny said Monday that a deal to free him as part of a prisoner swap had nearly been reached when he died in prison.

HTC boss welcomes Apple VR competition

The boss of consumer electronics firm HTC on Monday welcomed Apple's launch of its own a mixed reality headset, saying it will help the technology take off and become mainstream.

Smartphone makers bet on AI to revive sales

Smartphone makers are packing their latest devices with flashy new artificial intelligence tools such as real-time voice translation and advanced photo editing in efforts to reignite consumer demand.

Stocks markets diverge after rally

Stock markets fluctuated on Monday after last week's rally as investors turn their attention to a clutch of economic data in the coming days.

Stock markets mostly lower on profit-taking after tech surge

Major Asian and European stock markets mostly retreated Monday, with traders banking profits after last week's rally.

Tractors throng Brussels as ministers meet on farm rules

Hundreds of tractors thronged streets around the EU's headquarters in Brussels on Monday as ministers met to seek ways to streamline farming rules and red tape fueling protests around the bloc.

Hungary gets new president following scandal

Hungary's parliament on Monday is expected to elect Constitutional Court head Tamas Sulyok as new president following the resignation of Katalin Novak, who caused outrage by pardoning a man convicted in a child abuse case.

Sharif's daughter takes helm of Pakistan's most populous region

The daughter of former prime minister Nawaz Sharif took control of Pakistan's most populous region on Monday, becoming the country's first woman to govern a province.

Smartphone makers bet on AI to boost sales

Smartphone makers are packing their latest devices with flashy new artificial intelligence tools such as real-time voice translation and advanced photo editing in efforts to reignite consumer demand.

Disney and India's Reliance agree merger: Bloomberg

India's Reliance Industries has signed a "binding pact" for a merger deal with Walt Disney's local unit, Bloomberg News reported Monday, a major shakeup for the country's multi-billion dollar entertainment industry.

Asian markets mostly lower on profit-taking after tech surge

Asian markets were mostly lower Monday, although Tokyo's key Nikkei index hit fresh all-time highs after two of the three main US indices closed at records.

'Fake love' crypto scammers ensnare US victims

The "wine trader" wooed her online for months with his flirtatious smile and emoji-sprinkled texts. Then he went for the kill, defrauding the Philadelphia-based tech professional out of $450,000 in a cryptocurrency romance scam.

Bob Marley's 'Love' prevails again in N.American theaters

Paramount biopic "Bob Marley: One Love" led the North American box office for a second straight weekend, taking in an estimated $13.5 million, as "Love" prevailed over films about demons and angels.

Ukraine needs Western aid to win war after setbacks: Zelensky

Ukrainian President Volodymyr Zelensky said Sunday his country's victory "depends" on support from the West and expressed hope the United States would approve a critical package of military aid.

IMF says Argentine austerity should not hurt the poor

The International Monetary Fund has urged the government of Argentine President Javier Milei to shield the poor as he pursues harsh austerity measures to cut government spending, according to an interview published Sunday.

Ukraine says half of Western arms delivered late

Half of Western military aid to Kyiv is delivered later than promised, delays that hobble Kyiv's ability to defend itself against Russian attacks and cost Ukrainian lives, the country's Defence Minister Rustem Umerov said on Sunday.

Argentine provinces threaten oil supply cuts in dispute with Milei

Argentina's main petroleum-producing provinces have threatened to cut supplies to the rest of the country over funding reductions ordered by President Javier Milei.

Macron opens agricultural show to whistles from protesters

French President Emmanuel Macron opened the annual agricultural fair Saturday as angry farmers blew whistles and shouted insults.

Eiffel Tower to reopen Sunday as strike ends

France's Eiffel Tower that had been closed for five days by a strike will reopen Sunday after the monument's management announced a deal had been struck with unions.

Sumo great Hakuho demoted over protege's bullying

Sumo's greatest champion, Hakuho, has been demoted from his role as stablemaster over a failure to supervise a protege and prevent him from physically abusing other wrestlers, Japanese media said.

Defying war, 9/11 and Covid, NY bar keeps ale flowing at 170

Not much has changed in the 170 years that McSorley's Old Ale House has been serving customers in Manhattan's East Village.

US warns of environmental disaster from cargo ship hit by Huthi rebels

A cargo ship abandoned in the Gulf of Aden after an attack by Yemeni rebels is taking on water and has left a huge oil slick, in an environmental disaster that US Central Command said Friday could get worse.

Dow and S&P 500 eke out fresh records as stocks rally loses steam

Two of Wall Street's three major indices edged higher on Friday to reach new records, as investors looked to take the profits they have accumulated this week on the back of a market rally fueled by US technology titan Nvidia's blockbuster results.

Thousands protest as hunger grows amid Argentine austerity

Thousands protested across Argentina on Friday to demand food aid for the poor as soaring inflation and President Javier Milei's harsh austerity measures take their toll.

Profit-taking nibbles at Nvidia and stocks rally loses steam

Wall Street's three main indices struck fresh record highs on Friday before profit-taking settled in and sapped the rally touched off by US technology titan Nvidia's blockbuster results.

Animal prints turn to stone at Roberto Cavalli for Milan Fashion Week

Animal prints are in the DNA of Italian fashion brand Roberto Cavalli, but this week, designer Fausto Puglisi turned the animal to mineral.

Stocks edge higher as Nvidia-induced rally rolls on

Global equities pushed higher Friday as investors digested a record-breaking week powered by US technology titan Nvidia's blockbuster results and the artificial intelligence boom.

Eiffel Tower to remain closed Saturday morning, unions say

France's Eiffel Tower was to remain closed on Saturday morning as staff voted to extend a strike over the monument's management, unions said Friday.

France, Armenia hail military ties amid Russia tensions

France and Armenia on Friday hailed growing military cooperation as Armenian leader Nikol Pashinyan seeks to reduce his small country's dependence on former master Russia.

The Fort Worth Press - Economy (English)