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Indonesia weighs response to price pressures from Middle East war

Price pressures fuelled by the Middle East war may push Indonesia's government to reconsider its dogged defence of energy subsidies and a costly meals scheme close to the heart of President Prabowo Subianto, analysts say.

In Hollywood, AI's no match for creativity, say top executives

Artificial intelligence is transforming Hollywood at a pace that has sent shockwaves through creative industries, but human creativity will always prevail, a leading executive at the cutting edge of that change told AFP.

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Tech is thriving in New York. So are the rents

It accounts for more than 200,000 jobs and has colonized entire neighborhoods. In New York, the tech industry is driving local economic growth like never before -- but it is also widening the gulf between the haves and have-nots.

Historical queer film 'Rose' shown at Berlin with call to action

Markus Schleinzer's "Rose" premiered at the Berlin film festival Sunday, with Sandra Hueller playing a woman in 17th-century Germany trying to escape the strictures of patriarchy by passing herself off as a man.

New world for users and brands as ads hit AI chatbots

The introduction of advertisements and sponsored content in chatbots has spawned privacy concerns for AI users as brands scramble to stay relevant in a fast-changing online environment.

World copper rush promises new riches for Zambia

Five years after becoming Africa's first Covid-era debt defaulter, Zambia is seeing a dramatic turnaround in fortunes as major powers vie for access to its vast reserves of copper.

Crash course: Vietnam's crypto boom goes bust

As a first-year computer science student in Hanoi, Hoang Le started trading crypto from his university dorm room, egged on by his gamer friends who were making a killing.

US cattle farmers caught between high costs and weary consumers

In rural Virginia, dozens of young cows belonging to Chris Stem graze by a frozen pond. He is living his childhood dream of being a farmer -- but reality is starting to bite.

European debate over nuclear weapons gains pace

European leaders, worried about threats from a nuclear-armed Russia and doubts about the future of US security commitments, are increasingly debating whether to bolster nuclear arsenals on the continent.

French prosecutors announce special team for Epstein files

The Paris prosecutor's office on Saturday announced it was setting up a special team of magistrates to analyse evidence that could implicate French nationals in the crimes of the convicted US sex offender Jeffrey Epstein.

ECB to extend euro backstop to boost currency's global role

The European Central Bank said Saturday it will expand access to its euro liquidity backstop to central banks worldwide, in a move aimed at boosting the single currency's global role.

Cuba cancels cigar festival amid economic crisis

Cuba on Saturday announced the cancellation of its iconic cigar festival, amid a major energy crisis sparked by US pressure on the cash-strapped island.

Greenland prepares next generation for mining future

At the Greenland School of Minerals and Petroleum, a dozen students in hi-viz vests and helmets are out for the day learning to operate bulldozers, dump trucks, excavators and other equipment.

Havana refinery fire under control as Cuba battles fuel shortages

A fire broke out Friday at a refinery at the port in Cuba's capital but was soon brought under control, authorities said, as the island nation stuggles under what amounts to a US oil blockade.

Ghana rallies round traditional tunic after foreign mockery

Ghanaians have rushed to defend their colourful handwoven "fugu" smocks after President John Mahama's wearing of the loose-fitting traditional garment on a recent state visit to Zambia caused an online storm.

England rugby captain Itoje slams Ratcliffe's 'ridiculous' immigration comments

England rugby union captain Maro Itoje has labelled Manchester United co-owner Jim Ratcliffe's controversial comments about immigration as "ridiculous" and "wrong".

US Congress impasse over immigration set to trigger partial shutdown

A prolonged impasse between US lawmakers over immigration enforcement threatens to ensnare the Department of Homeland Security (DHS) in a partial government shutdown beginning Saturday, following two fatal shootings in Minneapolis.

International crew en route to space station

Four astronauts were on their way to the International Space Station Friday after they successfully embarked on their research mission to the orbiting laboratory.

China's fireworks heartland faces fizzling Lunar New Year sales

A fiery crack of red and gold explodes above a village in China's pyrotechnics hub of Liuyang, where residents are accustomed to ear-splitting fireworks tests year-round.

Bangladesh's Yunus 'banker to the poor', pushing democratic reform

After a life dedicated to fighting extreme poverty, Bangladesh's 85-year-old Nobel-winning microfinance pioneer Muhammad Yunus is set to end his biggest mission.

L'Oreal shares sink as sales miss forecasts

L'Oreal shares fell heavily on the Paris stock market on Friday after the cosmetics giant posted sales that fell short of analyst expectations, stoking fears of weakness for its luxury brands and in the key Chinese market.

Three dead, many without power after storm lashes France and Spain

Three people have died in weather-related accidents in France and Spain after a storm tore through the region, officials said Friday, ripping up trees and flooding roads and leaving many thousands without power.

US Congress impasse over migrant crackdown set to trigger partial shutdown

A prolonged impasse between US congressional Republicans and Democrats over immigration enforcement threatens to ensnare the Department of Homeland Security (DHS) in a partial government shutdown beginning Saturday, following two fatal shootings in Minneapolis.

AI's bitter rivalry heads to Washington

Anthropic's major donation to a political group that competes with an OpenAI-backed organization has highlighted a bitter rift over AI regulation -- a key issue heading into the US midterm elections.

Japan seizes Chinese fishing vessel, arrests captain

Japan seized a Chinese fishing boat and arrested its skipper, authorities said Friday, an incident that could deepen a spat between the Asian giants.

NASA crew set for flight to ISS

NASA is set to launch four astronauts to the International Space Station on Friday, replacing a crew that was evacuated early due to a medical issue.

Europe's most powerful rocket carries 32 satellites for Amazon Leo network into space

The most powerful version of Europe's Ariane 6 rocket Thursday carried 32 satellites into space for the Amazon Leo network, which aims to rival Elon Musk's Starlink.

EU vows reforms to confront China, US -- but split on joint debt

EU leaders pledged after talks Thursday to move ahead swiftly with reforms to revive Europe's flagging economy but were split on calls for joint debt to help the bloc confront twin threats from China and the United States.

Stocks diverge as all eyes on corporate earnings

Stock markets diverged Thursday as traders digested a string of company earnings that mostly suggested economic resilience in line with a bumper US jobs report for January, even though the chances of Federal Reserve interest rate cuts receded.

Russia cracks down on WhatsApp as it pushes state-backed rival

Russia has blocked the popular messaging service WhatsApp over its failure to comply with local legislation, the Kremlin said Thursday, urging its 100 million Russian users to switch to a domestic alternative.

HK firm CK Hutchison threatens legal action if Maersk takes over Panama ports

Hong Kong-based conglomerate CK Hutchison warned Thursday of possible legal action against Danish firm Maersk and others over the annulment of its contract to operate two ports on the Panama Canal.

Russia is cracking down on WhatsApp and Telegram. Here's what we know

Russia announced Thursday it had blocked WhatsApp over its alleged failure to comply with Russian legislation, days after restricting access to rival messaging service Telegram for similar reasons.

Stocks rise as all eyes on corporate earnings

Stock markets advanced Thursday as traders digested a string of company earnings that mostly suggested economic resilience in line with a bumper US jobs report for January, even though the chances of Federal Reserve interest rate cuts receded.

Turkey's central bank lifts 2026 inflation forecasts

Turkey's central bank on Thursday increased its estimates for inflation as officials try to rein in soaring price increases that have weighed on the economy for years.

Dubai Telegraph - Economy (English)