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Cash handouts, fare hikes as Philippines battles soaring fuel costs

Hundreds of Philippine tricycle drivers lined up Tuesday in Manila for cash handouts they hope will provide temporary relief from a war-driven surge in fuel prices that has left the country scrambling for short-term answers.

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.

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Spanish PM vows justice, defends rail safety after deadly accidents

Spanish Prime Minister Pedro Sanchez vowed Wednesday that justice would be done following two train accidents that claimed 47 lives last month, and insisted the country's rail system "is safe".

Struggling brewer Heineken to cut up to 6,000 jobs

Under-pressure Dutch brewer Heineken said Wednesday that it would scrap up to 6,000 jobs as it faces what it called "challenging market conditions" with beer volumes down compared to last year.

UK's crumbling canals threatened with collapse

On a misty winter's day in the English midlands, engineers struggled to drag stranded narrowboats from a waterless, mud-filled canal that collapsed weeks earlier, in a delicate, multi-million-pound rescue operation.

Moderna says US refusing to review mRNA-based flu shot

Vaccine manufacturer Moderna said Tuesday the US Food and Drug Administration was refusing to review an application for its first mRNA-based flu shot.

More American women holding multiple jobs as high costs sting

Cindy Dionicio is a waitress, a saleswoman and a cleaner -- sometimes all in the same day. Like her, nearly nine million US workers hold multiple jobs, squeezed by high costs of living.

Britney Spears sells rights to her music catalog: US media

US singer Britney Spears has become the latest musician to sell the rights to her catalog that includes hits like "...Baby One More Time" and "Oops!...I Did It Again," US media reported Tuesday.

'Outrage' as LGBTQ Pride flag removed from Stonewall monument

The removal of an LGBTQ rainbow pride flag from the Stonewall national monument in New York after new rules issued by the Trump administration sparked an outcry and planned protests on Tuesday.

Senegal says student's death in clashes with police a 'tragedy'

Senegal on Tuesday called the death of a medical student at a major Dakar university during clashes with police a "tragedy" and acknowledged acts of violence by security forces trying to quell protests.

Latam-GPT: a Latin American AI to combat US-centric bias

Move over ChatGPT. Chile on Tuesday launched Latam-GPT, an open-source artificial intelligence model for the region, designed to combat bias inherent in a US-centric industry.

Europe's Ariane 6 to launch Amazon constellation satellites into orbit

An enhanced version of Europe's Ariane 6 rocket will blast off Thursday to launch 32 satellites into orbit, forming part of the Amazon Leo network, which it hopes will rival Elon Musk's Starlink.

Spain's Telefonica sells Chile unit in Latin America pullout

Spanish telecoms giant Telefonica announced the sale of its Chilean unit for $1.2 billion on Tuesday in its push to leave Latin America and concentrate on core markets elsewhere.

Stocks rise but lacklustre US retail sales spur caution

Stock markets posted modest gains Tuesday as traders assessed mixed company earnings and the outlook for the tech sector ahead of key economic data releases, with lacklustre US retail sales data keeping investors cautious.

US retail sales flat in December as consumers pull back

US retail sales showed no growth in December, according to delayed government data released Tuesday, missing analysts' expectations amid heightened scrutiny of the American consumer's appetite -- a key driver of the world's biggest economy.

Bumper potato harvests spell crisis for European farmers

Farmers across Europe are protesting amid one of the most plentiful potato harvests in years, as the unintended consequences of US tariffs and increased competition drive down prices.

US vice president Vance on peace bid in Azerbaijan after Armenia visit

US Vice President JD Vance arrived Tuesday in Azerbaijan, a day after visiting Armenia on a regional trip aimed at consolidating a US-brokered peace process between the Caucasus neighbours.

Spotify says active users up 11 percent in fourth quarter to 751 mn

Music streaming giant Spotify said Tuesday that its number of monthly active users reached 751 million at the end of its fourth quarter, with the number of premium paying subscribers reaching 290 million.

AstraZeneca profit jumps as cancer drug sales grow

British pharmaceutical giant AstraZeneca said Tuesday that its net profit jumped 45 percent last year on strong sales of cancer drugs, as it expands its reach in the United States and China.

BP profits slide awaiting new CEO

British oil giant BP announced Tuesday an 86 percent slide in annual net profit, hit by lower crude prices and a huge write-down linked to its green energy transition.

Trump tariffs hurt French wine and spirits exports

US tariffs hit French wine and spirits shipments hard last year, playing a major role in the overall drop of eight percent in value of one of France's top exports, a trade body said Tuesday.

Back to black: Philips posts first annual profit since 2021

Dutch electronics and medical device manufacturer Philips said Tuesday it had bounced back into the black in 2025, as it seeks to turn the page on a scandal over faulty sleep apnoea machines.

'Family and intimacy under pressure' at Berlin film festival

The 76th edition of the Berlin Film Festival opens on Thursday, featuring productions from over 80 countries and with German film legend Wim Wenders presiding over this year's jury.

Asian markets extend gains as Tokyo enjoys another record day

Asian shares extended gains Tuesday following a Wall Street rally, with Tokyo's Nikkei jumping more than two percent to another record following Japanese Prime Minister Sanae Takaichi's stunning election triumph.

Unions rip American Airlines CEO on performance

American Airlines CEO Robert Isom faced pressure Monday from labor unions frustrated with the carrier's financial performance and handling of recent weather disruptions.

Jury told that Meta, Google 'engineered addiction' at landmark US trial

Meta and Google-owned YouTube were accused Monday of pushing highly addictive apps on children as a landmark social media trial began in earnest in a California court.

Five employees of Canadian mining company confirmed dead in Mexico

Mexican prosecutors on Monday confirmed the deaths of five of 10 employees of a Canadian mining company who were kidnapped two weeks ago in Mexico's violence-plagued Sinaloa state.

Three missing employees of Canadian miner found dead in Mexico

Three of the 10 employees of a Canadian mining company who were kidnapped two weeks ago in Mexico's violence-plagued Sinaloa state have been found dead, Mexico's Mining Chamber said Monday.

Meta, Google face jury in landmark US addiction trial

Meta and Google-owned YouTube were vilified Monday for "engineering addiction" as a landmark social media trial began in earnest in a California court.

Epstein accomplice Maxwell seeks Trump clemency before testimony

Jeffrey Epstein's accomplice Ghislaine Maxwell refused on Monday to answer questions from a congressional panel but said she was prepared to speak if granted clemency by President Donald Trump.

Some striking NY nurses reach deal with employers

More than 10,000 striking New York nurses reached a deal with their hospital employers that will increase salaries by more than 12 percent over three years, the nursing union said Monday.

Emergency measures kick in as Cuban fuel supplies dwindle under US pressure

Havana's streets were eerily quiet Monday as emergency measures to conserve Cuba's fast-dwindling fuel supplies kicked in to counteract the paralyzing effects of economic pressure from US President Donald Trump.

EU chief backs Made-in-Europe push for 'strategic' sectors

EU chief Ursula von der Leyen on Monday backed a push to favour European firms over foreign rivals in "strategic" fields, ahead of a leaders' meeting on boosting the bloc's competitiveness.

AI chatbots give bad health advice, research finds

Next time you're considering consulting Dr ChatGPT, perhaps think again.

Dubai Telegraph - Economy (English)