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Pope Leo visits 'school of peace' sailing the Mediterranean

Arm in arm, young people of different faiths perform the dabke, an Arabic folk dance, in the Italian port of Ostia, elated by a visit from Pope Leo XIV.

Air China flight safely diverted to Shanghai after battery fire in cabin

A commercial passenger flight operated by Air China was safely diverted to Shanghai on Saturday after a battery stowed in a passenger's carry-on luggage caught fire, the airline said.

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No letup in migrant crossings after UK-France 'one in one out' deal

As an agreement for the return to France of undocumented migrants and asylum seekers arriving in Britain in small boats is being haltingly implemented, an undiminished number of people are attempting the cross-Channel journey and taking advantage of stable weather.

Tariff uncertainty delays World Cup orders for China's merch makers

Tariff fears are hurting World Cup merchandise orders at Shang Yabing's Chinese knitwear factory, where racks of scarves bear the logos of national teams from Ireland to Tanzania.

Stocks diverge, dollar up before Trump-Xi talks

Stock markets diverged and the dollar rose Friday at the end of a week marked by central bank decisions, as attention turned to a call between US President Donald Trump and Chinese counterpart Xi Jinping.

Asian markets mixed ahead of Trump-Xi talks

Asian markets were mixed Friday at the end of a strong week for investors following a US interest rate cut, with attention now turning to a call between Donald Trump and Xi Jinping due later in the day.

Asian markets mostly drop ahead of Trump-Xi talks

Asian markets mostly fell Friday at the end of a strong week for investors following a US interest rate cut, with attention now turning to a call between Donald Trump and Xi Jinping due later in the day.

BoJ holds interest rates but to sell funds in shift from easing policy

The Bank of Japan kept interest rates on hold Friday amid lingering political uncertainty and economic concerns but said it would start offloading funds bought as part of its earlier monetary easing campaign.

Asian markets fluctuate as focus turns to Trump-Xi, BoJ

Asian markets swung Friday at the end of a strong week for investors following the US interest rate cut, with attention now turning to a call between Donald Trump and Xi Jinping.

Canada, Mexico leaders agree to seek 'fairer' trade deal with US

The leaders of Canada and Mexico on Thursday defended their three-way free-trade deal with the United States, while agreeing to try and make it "fairer" in the face of tariff pressure from President Donald Trump.

Netflix seeks 'Money Heist' successor in Spanish hub

In a cavernous studio outside Madrid teeming with TV industry stars, Netflix is blending old knowledge with modern technology to try to concoct a successor to its global hit "Money Heist".

Taiwan running out of time for satellite communications, space chief tells AFP

Taiwan's space chief Wu Jong-shinn says the "clock is ticking" for the democratic island to launch its own satellites to secure internet and phone services during a potential conflict with China.

Japan inflation slows in August, rice price surges ease

Inflation in Japan slowed to 2.7 percent in August due partly to government energy subsidies, official data showed Friday, with the cost of rice easing following a huge price spike.

Court seizes assets of Maradona's lawyer, sisters in fraud case

Argentinian officials seized assets Thursday from two of deceased soccer idol Diego Maradona's sisters, as well as his attorney and three other individuals, alleging fraudulent management of the player's brand, according to a ruling obtained by AFP.

US regulator sues Ticketmaster over 'illegal' ticket schemes

A top US regulator on Thursday sued Ticketmaster and its parent company Live Nation, alleging the ticketing giant conspired with brokers to inflate concert ticket prices and deceive consumers with hidden fees.

Canada, Mexico leaders meet amid US tariff war

Mexico's president will host the leader of Canada for trade talks Thursday as they seek to navigate the tariff war launched by Donald Trump despite the existence of a three-way free-trade agreement.

Stocks rise on Nvidia-Intel deal, Fed rate cut

Stock markets advanced Thursday as tech shares jumped after AI-chips giant Nvidia announced a $5 billion investment in struggling US rival Intel and the Federal Reserve cut interest rates.

Clashes, disruption in France on day of anger against Macron

French protesters were on Thursday staging a day of nationwide protests and strikes in a show of anger over President Emmanuel Macron's austerity policies, causing widespread disruption.

Costs of Russian, Chinese cyberattacks on German firms on rise: report

Cyberattacks and sabotage, mainly from Russia and China, have caused record damages for German firms this year, the domestic spy service and a business group warned Thursday.

Stock markets rise after Nvidia's Intel deal, Fed rate cut

Stock markets mostly rose Thursday after the Federal Reserve cut interest rates and US chip giant Nvidia announced a $5 billion investment in struggling rival Intel.

Clashes, disruption in France on day of anti-Macron 'anger'

French protesters were on Thursday staging a day of nationwide protests and strikes in a show of anger over President Emmanuel Macron's austerity policies, causing widespread disruption.

Bank of England holds rate as inflation stays high

The Bank of England kept its key interest rate at four percent Thursday, as elevated UK inflation offsets the country's stagnant economic growth.

London Fashion Week hopes to usher in new era with leadership change

London Fashion Week, which is under new leadership after 16 years, opens Thursday with hopes of reinvigorating its runway schedule and easing the financial woes of its young designers.

Deliveroo CEO to step down following DoorDash takeover

Will Shu, founder of food delivery app Deliveroo, will step down as its chief executive once US rival DoorDash completes a takeover of the British group, a statement said Thursday.

Stock markets fluctuate after Fed rate cut

European stock markets rose while Asia was mixed on Thursday after the US Federal Reserve lowered interest rates but left investors wondering how many more cuts were in the pipeline.

Germany's Continental launches IPO of car parts unit

Trading in Continental's struggling auto parts division got off to a slow start Thursday as it was listed on the Frankfurt stock exchange, the latest upheaval in Germany's car industry.

Asian markets fluctuate after Fed cuts interest rates

Equities wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were in the pipeline despite boss Jerome Powell warning about the struggling jobs market.

Meta expands AI glasses line in a bet on the future

Meta showed off new smart glasses on Wednesday as it continued to bank on a lifestyle shift toward blending reality and virtual space despite the efforts inflicting heavy financial losses.

Tourists return to Peru's Machu Picchu after community protest

Tourists were back at Peru's ancient Inca citadel of Machu Picchu Wednesday, officials said, after a protest by residents forced the evacuation of hundreds of stranded visitors.

US stocks finish mixed as Fed cuts rates for first time in 2025

US stocks finished mixed Wednesday while the dollar moved higher as markets digested the Federal Reserve cutting interest rates for the first time in 2025 and signaling it could enact two more cuts this year.

US Fed makes first rate cut of 2025 on employment risks

The US Federal Reserve on Wednesday lowered interest rates for the first time this year, flagging slower job gains and risks to employment as policymakers face heightened pressure under President Donald Trump.

Canada central bank cuts key lending rate citing Trump tariffs

Canada's central bank cut its key lending rate on Wednesday, offering a boost to borrowers in an economy squeezed by US President Donald Trump's trade war.

EU says India's Russia links jeopardise closer ties

The European Union's top diplomat warned Wednesday that its push for closer ties with India could be hampered by New Delhi's purchases of Russian oil and involvement in military drills with Moscow.

Stocks, dollar calm ahead of expected US rate cut

Stock markets and the dollar steadied as investors expected the US Federal Reserve to cut interest rates Wednesday to shore up the world's biggest economy.

The Prague Post - Economy (English)