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Author's articles
US consumer inflation holds steady in September
Consumer inflation held steady in the United States last month, according to government data released Thursday, giving policymakers some reprieve in their battle to tamp down price increases. Meanwhile, with core inflation at 4.1 percent, the United States is "heading back to the period before which inflation started to really ramp up aggressively," Daco said.
EU climate chief says 'no official decision' on China wind subsidies probe
The European Union's climate chief said Thursday that "no official decision" had been taken on whether to investigate China's subsidies for its wind power industry, following talks with her counterparts in Beijing.
IEA says risk of oil supply disruptions is limited
The International Energy Agency said on Thursday the risk of oil supply disruptions due to the conflict between Israel and Hamas is limited but that it stands ready to intervene in markets if necessary. A surprise weekend attack by Hamas on Israel has left thousands dead and rattled oil markets amid fears that other nations might intervene and possibly disrupt shipments in the Middle East.
EasyJet announces major Airbus deal as sector recovers
British no-frills carrier EasyJet on Thursday said it has reached a deal worth close to $20 billion for 157 Airbus planes and alterations to a previous order. Together the deal was worth $19.9 billion and "will deliver lower fuel burn, CO2 emissions and operating costs per seat", EasyJet said. burs-bcp/rl
Goldman Sachs sues Malaysia over push to redo 1MDB settlement
Goldman Sachs has sued Malaysia after the country pushed to redo a settlement over the US investment bank's role in the 1MDB multi-billion dollar scandal, the bank said Thursday. Under a 2020 settlement, Goldman paid Malaysia $2.5 billion for its role in the financial scandal, while Kuala Lumpur agreed to end all criminal proceedings against the bank.
Talks to end Hollywood actors strike 'suspended': studios
Talks between Hollywood actors and studios over an ongoing strike were suspended Wednesday, in a blow to hopes for a swift end to a crisis that has crippled the entertainment industry. But in a statement issued late Wednesday, the studios said talks had ground to a halt and would be temporarily suspended.
Misinformation mires Australia's Indigenous rights referendum
Holed up in a makeshift studio in Sydney's Russian consulate, a pro-Putin activist on the run from Australian police is using the country's upcoming Indigenous rights referendum to push the Kremlin's agenda.
Asian markets press on with rally, China fund boosts optimism
Asian stocks extended the week's gains on Thursday, undeterred by forecast-beating US wholesale inflation data as investors grew increasingly hopeful the Federal Reserve would not hike interest rates further. - Salvaging confidence - Asian markets continued the week's advances, with Tokyo and Seoul up more than one percent, while Sydney, Singapore, Taipei and Jakarta were also on the front foot.
Chickens keep Indigenous Guatemalans from migration agonies, for now
A brood of chickens cluck in the barn as Rebeca Perez collects eggs to sell in her village in western Guatemala -- an endeavor she hopes will keep her from emigrating to the United States as her brothers did, driven by poverty. Rebeca Perez went to study at the ETCAE technical school funded by the NGO in 2023, learning skills to prevent diseases among chickens and increase their egg production.
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