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Thousands demand lower rents at Barcelona demo
Thousands of protesters marched through Barcelona on Saturday demanding lower rents in Spain's second city. Barcelona, which has already taken action to stop the spread of holiday rental apartments, is the latest Spanish city to see protests for cheaper housing.
Scott Bessent a credible, safe pick for Treasury: experts
Hedge fund manager Scott Bessent is a credible, safe choice for US Treasury secretary -- and one that is likely positive for markets -- observers said Saturday following President-elect Donald Trump's highly anticipated nomination. "Scott Bessent is a credible, mainstream pick for Treasury Secretary," said Jason Furman, a professor at Harvard University and former top White House economic adviser.
Nvidia CEO says will balance compliance and tech advances under Trump
Nvidia CEO Jensen Huang said Saturday that his company will balance legal compliance and technological advances under the incoming administration of Donald Trump, and nothing will stop the global advancement of artificial intelligence.
What forcing Google to sell Chrome could mean
US antitrust lawyers are calling on a judge to force the sale of Google's Chrome browser to limit the company's market clout in a move that would shake up the internet giant. Launched in 2008, Chrome dominates the browser market, dwarfing rivals Edge and Safari, developed by Microsoft and Apple, respectively.
Budget, debt: Trump's Treasury chief faces urgent challenges
President-elect Donald Trump's new Treasury chief needs to hit the ground running once he takes office, tasked with rolling out his boss's economic vision and grappling with the country's debt limit. With economic dissatisfaction being a key factor in the election outcome, tax cut extensions are set to be high among the Treasury secretary's priorities.
Trump names hedge fund manager Scott Bessent as Treasury chief
US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.
Trump to name hedge fund manager Scott Bessent as Treasury chief: US media
US President-elect Donald Trump is expected to pick billionaire Scott Bessent as his Treasury secretary, media outlets reported Friday, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs.
Spain fines 'abusive' budget airlines 179 mn euros
Spain's leftist government said Friday it has fined five budget airlines including Ryanair and EasyJet 179 million euros ($187 million) for "abusive practices" such as charging passengers for hand luggage. Irish no-frills carrier Ryanair, which was the first to start charging extra for hand luggage in November 2018, was slapped with the biggest fine of 107.8 million euros.
German GDP downgraded in new blow for struggling economy
German third-quarter growth was downgraded Friday with official data showing it expanded even more weakly than previously thought, in a new blow for Europe's top economy as it battles multiple headwinds. The growth data laid bare how far Germany is lagging behind other major economies.
AFP
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