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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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Iran steps up arrests while remaining positive on US talks

Iran stepped up its crackdown on Monday after recent protests, with more arrests, while holding the door open to Washington for further nuclear negotiations.

Bank of France governor Francois Villeroy de Galhau to step down in June

Bank of France governor Francois Villeroy de Galhau, who is also a member of the European Central Bank's rate-setting Governing Council, will step down in June, the bank said Monday.

Tokyo stocks hit record high after Japanese premier wins vote

Japanese stocks surged to a record high Monday as investors cheered Prime Minister Sanae Takaichi's victory in a snap parliamentary election, helping sentiment across Asia after a strong Wall Street finish ahead of the weekend.

EU warns Meta it must open up WhatsApp to rival AI chatbots

The EU executive on Monday told Meta to give rival chatbots access to WhatsApp after an antitrust probe found the US giant to be in breach of the bloc's competition rules.

Stocks track Wall St rally as Tokyo hits record on Takaichi win

Japanese stocks surged to a record high Monday following Prime Minister Sanae Takaichi's election win, while healthy gains across the rest of Asia and Europe tracked a rally on Wall Street.

Lies, horror, trauma: Kenyans recount forced Russian recruitment

The scars on Victor's forearm remind him constantly of the day a Ukrainian drone attacked him after he was forcibly conscripted, like hundreds of young Kenyans, into the Russian army.

Japan restarts world's biggest nuclear plant again

Japan switched on the world's biggest nuclear power plant again on Monday, its operator said, after an earlier attempt was quickly suspended due to a minor glitch.

Japan's Takaichi may struggle to soothe voters and markets

Japanese stocks soared to record highs Monday after Prime Minister Sanae Takaichi's election triumph, but experts warned that the country's first woman leader could struggle to keep both voters and markets happy.

'Want to go home': Indonesian crew abandoned off Africa demand wages

Abandoned for months on their fishing boat off West Africa, Indonesian sailor Surono and his shipmates face a dilemma: return home without almost a year's wages or stay on the docked vessel.

Arguments to begin in key US social media addiction trial

Arguments are set to begin Monday in a landmark US trial that could establish a legal precedent on whether social media companies deliberately designed their platforms to lead to addiction in children.

Trump says China's Xi to visit US 'toward the end of the year'

US President Donald Trump has said he will host Chinese leader Xi Jinping at the White House late this year, as the world's top two economies look to reset ties marred by a roiling trade war.

'Send Help' repeats as N.America box office champ

Horror flick "Send Help" showed staying power, leading the North American box office for a second straight week with $10 million in ticket sales, industry estimates showed Sunday.

French police arrest six over crypto-linked magistrate kidnapping

French authorities have arrested six suspects, including a minor, after a magistrate and her mother were held captive last week for around 30 hours in a cryptocurrency ransom plot, prosecutors said on Sunday.

UK foreign office to review pay-off to Epstein-linked US envoy

The UK foreign ministry said on Sunday it was reviewing an exit payment to former US envoy Peter Mandelson, who was sacked over links to convicted US sex offender Jeffrey Epstein.

French police arrest five over crypto-linked magistrate kidnapping

French authorities have arrested five suspects after a magistrate and her mother were held captive last week for around 30 hours in a cryptocurrency ransom plot, prosecutors told AFP on Sunday.

De Beers sale drags in diamond doldrums

Even with its legendary image of glitz and glamour, diamond icon De Beers has struggled to attract a buyer after nearly two years on a market dulled by falling prices and the allure of lab-grown gems.

What's at stake for Indian agriculture in Trump's trade deal?

Indian farmers have expressed concern that New Delhi has made too many concessions to Washington after the two countries brokered a new trade deal that would lower tariffs.

Pakistan's capital picks concrete over trees, angering residents

Pakistan's capital Islamabad was once known for its lush greenery, but the felling of trees across the city for infrastructure and military monuments has prompted local anger and even lawsuits.

Neglected killer: kala-azar disease surges in Kenya

For nearly a year, repeated misdiagnoses of the deadly kala-azar disease left 60-year-old Harada Hussein Abdirahman's health deteriorating, as an outbreak in Kenya's arid regions claimed a record number of lives.

Chile's climate summit chief to lead plastic pollution treaty talks

Countries on Saturday elected Chile's COP climate summit chief negotiator to drive forward stalled talks on striking a landmark global treaty tackling the scourge of plastic pollution.

Opinions of Zuckerberg hang over social media addiction trial jury selection

A jury has been confirmed in a landmark social media addiction trial in the US state of California, a process dominated by references to tech giant Meta's divisive founder Mark Zuckerberg.

Dow surges above 50,000 for first time as US stocks regain mojo

The Dow surged above 50,000 points for the first time Friday, shrugging off worries connected to artificial intelligence companies while traders focused on the prospects for US growth and Federal Reserve interest rate cuts.

Danone expands recall of infant formula batches in Europe

French food giant Danone recalled batches of infant formula in Britain, Spain, Croatia and Slovenia over the possible presence of a toxin, food safety authorities said on Friday, expanding the measure across Europe.

EU nations back chemical recycling for plastic bottles

European nations voted Friday to allow for chemical recycling to play a larger role in the production of plastic bottles, overcoming reservations about the energy-intensive technology.

Why bitcoin is losing its luster after stratospheric rise

Bitcoin, the world's biggest cryptocurrency, sank this week, wiping out gains sparked by Donald Trump's presidential election victory in November 2024.

Stellantis takes massive hit on 'overestimation' of EV demand

Jeep maker Stellantis warned Friday that it would take a 22 billion euro hit after a slower take up of electric vehicles than it expected, heaping pressure on its new chief executive to navigate a chaotic transition from combustion engines.

Stocks rebound though tech stocks still suffer

US and European stock markets recovered Friday following a tech stocks rout triggered by growing unease about the billions being spent on artificial intelligence.

Digital euro delay could leave Europe vulnerable, ECB warns

The European Central Bank urged the European Union on Friday to swiftly press ahead with adopting a digital euro, warning that delays would leave the continent reliant on foreign "big tech" players.

German exports to US plunge as tariffs exact heavy cost

German exports to the United States plunged in 2025 amid President Donald Trump's tariff blitz, driving down the trade surplus of Europe's top economy with the crucial US market to a four-year low, data showed Friday.

Stellantis takes massive hit for 'overestimation' of EV shift

Jeep maker Stellantis warned Friday that it would take a 22 billion euro hit after a slower takeup of electric vehicles than it expected, the latest sign that legacy automakers are struggling to navigate the shift away from combustion engines.

'Mona's Eyes': how an obscure French art historian swept the globe

French art historian Thomas Schlesser is still adapting to life as a best-selling global author having written one of the break-out hits of the last year in "Mona's Eyes".

In Dakar fishing village, surfing entices girls back to school

For generations, Seynabou Tall's ancestors have fished, dived and rowed off the coast of Dakar, where the 14-year-old, who quit school nearly four years ago, is now learning to surf.

Dubai Telegraph - Economy (English)