The Prague Post

Tech firms rally, with eyes on US inflation update

Technology firms rallied on stock markets Monday, with traders gearing up for key US inflation data this week that could lock in a September interest rate rise from the Federal Reserve.

Jaguar Land Rover to cut 4,000 jobs as European car sector hits skids

Jaguar Land Rover said Monday that it would cut "around 4,000 roles over the next two years", or about ten percent of its global workforce, in a further blow to Europe's automobile industry.

US average diesel price rises to record $5.90 a gallon: AAA

Average diesel prices in the United States climbed to a new record Monday, the motorists' association AAA said, as damage to Gulf refineries during the war against Iran disrupted supplies.

Dukascopy Bank Unveils AI-Powered Trading, 25,000+ Stock CFDs and a New Flagship E-Banking App

Swiss-regulated bank brings AI-powered trading, 25,000+ stock CFDs and a new flagship app to clients in a single innovation drive

Tech firms rally but Asian markets mixed, with eyes on US inflation

Tech firms rallied on a mixed day for Asian stocks Monday, with traders gearing up for a crucial week of events culminating in US inflation data that could determine the Federal Reserve's decision on interest rates.

Nepal holds day of mourning as families pray missing still alive

Nepal held a national day of mourning Monday for victims of devastating glacial floods, as families of missing hydropower workers feared trapped in tunnels prayed rescuers might yet find them alive.

Jakarta airport extends closure after volcano eruption

Jakarta's main airport and three others delayed reopening on Monday after halting operations due to a volcanic eruption and leaving hundreds of thousands stranded.

Lonely woman director in Venice sees industry backsliding on gender

When Danish director May el-Toukhy was selected for the top competition at the Venice Film Festival in July, she was the only female filmmaker in a 20-strong field -- with a movie "about the invisibility of women".

Tech firms rally on mixed day for Asian markets, with eyes on US inflation

Tech firms rallied on a mixed day for Asian stocks Monday, with traders gearing up for a crucial week of events culminating in US inflation data that could determine the Federal Reserve's decision on interest rates.

ECB set to hike interest rates as Iran war flares anew

The European Central Bank is expected to raise interest rates again this week as renewed fighting in the Middle East pushes up energy costs and risks further stoking inflation.

AI data centers are less thirsty now, tech giants say

Data centers are running into a wall of public anger in the United States over their thirst for water and power.

Far-right AfD claims crushing victory in east German state vote

Germany's far-right AfD won a landslide victory in a key regional election Sunday in the ex-communist east, a result seen as a stinging rebuke for Chancellor Friedrich Merz, but looked set to miss out on an absolute majority to govern alone.

Vandals uproot Berlin tree commemorating Pride attack victims

A tree planted at the site of a fatal attack on this year's Berlin Pride march has been destroyed, just days after a commemorative rainbow bench there was vandalised, German police said on Sunday.

Indonesia's main airport suspends operations after volcanic eruption

Indonesia halted operations at its main international airport outside Jakarta on Sunday after ash spewed from the Anak Krakatoa volcano more than 150 kilometres away, impacting thousands of passengers.

Indian Oscar-nominated filmmaker turns camera on his cancer

Indian filmmaker Shaunak Sen's new documentary began as a "coping" mechanism after a shock cancer diagnosis, but continues the motifs of environmental degradation and caregiving that drove his previous work.

'The flood is coming': How a Nepal principal saved 900 students

Rajendra Dawadi was inside his school near Nepal's Trishuli River with around 900 students last week when a colleague delivered an urgent warning.

Bangladesh measles toll nears grim 1,000-child mark

Bangladesh's deadliest measles outbreak in decades is nearing the grim milestone of 1,000 child deaths, as a devastating epidemic sweeps through the country and crowded hospital wards fill with struggling babies.

Bolivia farmers return to streets over diesel price hikes

Several hundred coca farmers and supporters of former Bolivian president Evo Morales demonstrated in the central city of Cochabamba on Friday over the government's doubling of diesel prices, AFP reporters said.

S&P Revises Outlook on Freedom Holding Corp. and Core Subsidiaries to Positive

S&P Global Ratings has revised the outlook on the long-term credit ratings of Nasdaq-listed Freedom Holding Corp. and its four core operating subsidiaries from “stable” to “positive,” while affirming their international credit ratings.

Moody’s Assigns First-Time Insurance Financial Strength Ratings to Freedom Insurance and Freedom Life

Moody’s Ratings has assigned insurance financial strength ratings to two Freedom Holding Corp. (Nasdaq: FRHC) insurance subsidiaries for the first time. Freedom Finance Insurance JSC, operating as Freedom Insurance, received Ba1 local- and foreign-currency insurance financial strength ratings, while Freedom Life JSC received Baa3 ratings. Both carry stable outlooks.

Job growth but record-high diesel prices -- Trump's midterms mixed bag

Fresh economic data on Friday brought US President Donald Trump's Republican Party good and bad news ahead of midterm elections, with the labor market showing strong growth but record-high diesel prices likely to further fuel inflation.

Nigeria's Dangote refinery looks to raise $1.6 bn in IPO

A Nigerian oil refinery owned by Africa's richest man is preparing an initial public offering expecting to raise $1.6 billion, the company said Friday, in what could be one of the country's biggest-ever stock launches.

Germany hunts climate activist suspected of power grid sabotage

German authorities were Friday hunting a militant climate activist suspected of a spate of attacks on the power grid, the latest sabotage targeting critical infrastructure.

Job growth, but surging diesel prices - Trump's midterms mixed bag

Fresh economic data on Friday brought US President Donald Trump's Republican Party good and bad news ahead of midterm elections, with the labor market showing strong growth but record-high diesel prices likely to further fuel inflation.

CoinRabbit Wins “Best Crypto Lending Platform 2026” Award from International Business Magazine

CoinRabbit has been named Best Crypto Lending Platform 2026 by International Business Magazine, highlighting a lending product that has issued more than $1.45 billion in loans since 2020.

US shows strong job growth in August in boon to Trump

The US job market registered strong growth in August, government data showed on Friday, outperforming expectations and offering President Donald Trump's Republican Party a boost ahead of upcoming midterm elections.

US safety regulator probes Tesla's Cybercab

US auto safety regulators have opened an inquiry into Tesla's driverless Cybercab, questioning how the company concluded that a vehicle with no steering wheel, pedals or mirrors meets federal safety rules.

Workers reeling after VW cuts open door to factory closures

The day after Volkswagen management, shareholders and unions agreed to cut a total 100,000 jobs over the coming years, automotive workers told AFP Friday they were feeling a mix of fury and disappointment.

Liquid Mercury Announces Initial Closing of ACQUA1 Offering

Liquid Mercury today announced that ACQUA1, LLC completed the initial closing of its MERC exchange offering on September 1, 2026.

US shows strong job growth in August in boon to Trump ahead of midterms