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Tunisia president dismisses PM as country faces 'colossal challenges'
Tunisian President Kais Saied sacked Prime Minister Najla Bouden without explanation Tuesday night and replaced her with former central bank executive Ahmed Hachani, whom he tasked with overcoming the "colossal challenges" facing the cash-strapped North African country.
Fitch downgrades US credit rating after debt limit standoffs
Fitch downgraded the United States' top-tier credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
AI could halve time reading breast cancer scans, study suggests
Artificial intelligence could help almost halve the workload of radiologists when it comes to searching routine scans for signs of breast cancer, a large Swedish study suggested on Wednesday.
US House panel probes BlackRock, MSCI on China investment flow
US lawmakers are probing American investment flows facilitated by BlackRock and MSCI to Chinese companies that Washington has sanctioned, a congressional panel announced Tuesday.
US family reaches deal over cells harvested in 1950s
A US biotechnology company has reached a settlement with the family of Henrietta Lacks, an African-American woman whose cells were used for groundbreaking medical research without her consent.
Birkenstock plans to step into stock market: reports
The owners of Birkenstock are planning an initial public offering as soon as September that could value the German sandal maker at more than $8 billion, reports said Tuesday.
Caterpillar results boosted by strong demand, pricing
Caterpillar reported strong second-quarter profits Tuesday behind robust demand for industrial equipment and an improving cost environment that boosted profit margins.
Meta to ask EU users' consent to share data for targeted ads
Social media giant Meta on Tuesday said it intends to ask EU-based users to give their consent before allowing targeted advertising on its networks including Facebook, bowing to pressure from European regulators.
Ukrainian grain lorries wait days to unload at Danube port
Anton Moiseyev sat for the third day in the cabin of his lorry, parked by a roadside cafe in Ukraine's southern Odesa region, in a bottleneck triggered by Russia's scrapping of a grain shipping deal.
Stock markets mostly drop, dollar firms
US and European stock markets mostly slid on Tuesday as investors reacted to macroeconomic data and corporate earnings, while the dollar firmed.
Uber reports surprise profit in Q2
Uber reported a surprise profit on Tuesday, pointing to strong growth in its core mobility and delivery businesses despite missing revenue estimates.
Niger coup raises questions about uranium dependence
The military coup in Niger last week raises the question of Europe's dependency on uranium mined in the West African nation for its nuclear power plants.
Oil majors still profitabe even if super-profits gone
From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in 2022 when prices surged in the wake of Russia's invasion of Ukraine, but they nevertheless remain comfortably profitable this year.
Iraq's Yazidis: reclusive group hunted by Islamic State
The Yazidis, who Britain on Tuesday officially acknowledged as victims of "acts of genocide" by the Islamic State (IS), are a Kurdish-speaking ethno-religious minority found mainly in Iraq.
Pfizer trims 2023 revenue outlook as profits tumble
Pfizer reported a steep drop in profits Tuesday on much lower Covid-related revenues as it curtailed its full-year sales outlook, in part due to tornado damage to a key manufacturing facility.
European stock markets drop, dollar firms
European stock markets retreated and the dollar firmed Tuesday, hit by weak manufacturing data across the region.
China imposes export curbs on critical metals, drones
Chinese controls on exports of two metals critical to making semiconductors came into force on Tuesday, a day after Beijing imposed curbs on the foreign sales of some drones.
Asian markets mixed as early momentum fades
Asian markets were mixed Tuesday as investors struggled to maintain early gains fanned by hopes the Federal Reserve's interest rate hike campaign has run its course.
HSBC reports bumper profits on rising interest rates
Banking giant HSBC said on Tuesday that pre-tax profit more than doubled to $21.7 billion in the first half of 2023, boosted by higher interest rates.
Greek islanders dismayed by plan to scale up fish farming
On the sunny quay of the picturesque Greek island of Poros, veteran fisherman Spiros Papaioannou makes no bones about imminent plans to expand fish farming.
Asian markets rise as positive mood flows across trading floors
Asian investors started August in the same way they ended July, with gains across markets that followed Wall Street's lead, fuelled by a general sense of optimism about the economic outlook.
Musk removes giant, flashing X sign after furore
The company formerly known as Twitter removed a towering, blinking X from atop its San Francisco headquarters Monday after the rebranded tech firm tangled with city officials over the controversial sign.
Equities edge higher as inflation moderates
Global stocks mostly pushed higher on Monday as investors remained optimistic interest rates won't go higher and China made moves to boost lacklustre growth.
Heineken profits slide as beer price hikes curb enthusiasm
Dutch brewer Heineken on Monday lowered its earnings outlook for the full year after price hikes to counter soaring costs battered beer sales, pushing down profits in the first half.
China announces consumption-boosting measures as data disappoints
Chinese authorities announced new measures to boost consumption on Monday, as fresh economic data suggested that the country's post-Covid recovery is running out of steam and growth is slowing.
European stocks edge higher after eurozone inflation eases
European stock markets were mostly higher on Monday as traders hoped for a pause in interest rate hikes by the European Central Bank after a further decline in eurozone inflation.
Hong Kong economy slows in second quarter after rebound
Hong Kong's economy expanded by 1.5 percent in the second quarter, data released Monday showed, indicating slowing growth after a robust start to the year.
Asia joins Wall St rally on US rates, China hopes
Markets rallied Monday, tracing another bump on Wall Street, where investors cheered a further slowdown in US inflation that stoked optimism the Federal Reserve will not have to hike interest rates again.
China, Pakistan to mark mega infrastructure anniversary
Chinese Vice Premier He Lifeng arrived in the Pakistan capital Sunday to mark the 10th anniversary of an enormous economic plan that is the cornerstone of Beijing's Belt and Road Initiative.
Ruto says he will 'not negotiate' Kenya's security with opposition
Kenyan President William Ruto said Sunday he would "not negotiate about the safety of our country" with his rival after agreeing to dialogue to end violent protests against his government.
Africa leaders give Niger junta week to cede power
African leaders on Sunday gave the junta in Niger one week to cede power or face the possible use of force, and slapped financial sanctions on the putschists, after the latest coup in the jihadist-plagued Sahel region raised alarm on the continent and in the West.
Africa leaders to meet on Niger coup, junta warns of 'intervention'
West African leaders were to meet on Sunday for a crisis summit on the coup in Niger, where protesters tried to storm the French embassy after the junta warned of an "imminent military intervention".