Dubai Telegraph

Taiwan, Hungary firms deny making Hezbollah pagers

A Taiwanese company and its Hungarian partner on Wednesday reportedly denied making pagers that exploded while being used by Hezbollah members in Lebanon.

European stocks, dollar slip before US rate decision

European stock markets and the dollar mostly slipped Wednesday as the US Federal Reserve prepared to cut interest rates for the first time in more than four years.

End of the party? Tupperware files for bankruptcy

Tupperware Brands and some of its subsidiaries have filed for Chapter 11 bankruptcy protection and are seeking a buyer, the food container firm said, after years of dwindling sales.

France's new PM warns of 'very serious' financial situation

France's budgetary situation is "very serious", Prime Minister Michel Barnier told AFP on Wednesday, saying more information was needed to gauge the "precise reality" of French public finances.

French budgetary situation 'very serious': prime minister

France's budgetary situation is "very serious", Prime Minister Michel Barnier told AFP on Wednesday, saying more information was needed to gauge the "precise reality" of French public finances.

Fashion's Game of Thrones as creative heads play musical chairs

Who will take over at Chanel and where will Pierpaolo Piccioli go now that he has left Valentino?

Tupperware Brands files for bankruptcy

Tupperware Brands Inc and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Tuesday, the food container firm said in a statement.

The absurd helps us 'see more' says Austrian artist Wurm

A fat Ferrari, pickles on pedestals and two sausages in an intimate embrace -- welcome to the weird world of Erwin Wurm, one of Austria's most famous contemporary artists, who wants us to embrace the absurd.

Boeing not taking strike talks seriously, union says

The union for striking Boeing workers said Tuesday the aviation giant was not "taking mediation seriously," after some 33,000 US employees walked out last week over a contract dispute, effectively shutting down two Seattle-area plants.

Women drive innovation, evolution of Chinese wine industry

As the female winemaker who put Chinese vintages on the map for the first time, Zhang Jing of Helan Qingxue winery is a trailblazer, but no anomaly.

China piles extra work on weary youth to ease pension crisis

China's decision to raise the retirement age will give a brief boost to its strained pension system but risks further discouraging weary young workers and cannot arrest long-term demographic decline, experts say.

US Fed set to make first rate cut since 2020

The US Federal Reserve is all but certain to cut interest rates on Wednesday for the first time in more than four years, a significant move likely to ripple through global financial markets.

Musk to deliver 'drastic' cuts to Trump government

Elon Musk's fervent support for Donald Trump in the upcoming US election could extend far beyond incendiary tweets and campaign cash if the former president returns to the White House.

Author John Grisham joins bid to save Texas death row inmate

Lawmakers in Texas, medical experts and the best-selling novelist John Grisham are pushing to save an autistic death row inmate whose daughter died in 2002 in a tragedy blamed on shaken baby syndrome.

More than 3,600 food packaging chemicals found in human bodies

More than 3,600 chemicals used in food packaging or preparation have been detected in human bodies, some of which are hazardous to health, while little is known about others, a study published on Tuesday said.

Report links meatpacking companies to 'war on nature' in Brazil

A report by environmental and rights NGOs Tuesday linked three major meatpacking companies to illegal deforestation in Brazil, where farmers are accused of spraying herbicides from the sky to clear huge tracts of land.

Bolivian ex-leader Morales, backers set out on weeklong protest march

Bolivian ex-president Evo Morales embarked on a seven-day march with thousands of supporters Tuesday against incumbent leader Luis Arce, who has denounced the protest as a "coup attempt."

Boeing, union resume talks as strike empties Seattle plants

Negotiators from Boeing and the machinists union representing its workers resumed talks Tuesday after some 33,000 employees went on strike late last week, effectively shutting down two Seattle-area factories.

US, European stocks rise on retail sales, rate cut expectations

US and European stocks rose Tuesday, lifted by better than expected retail sales figures out of the United States and by anticipation of a hefty interest rate cut from the Federal Reserve.

Inflation slows again in Canada to 2%

Inflation in Canada eased to two percent year-on-year in August, hitting the target set by the country's central bank and marking its slowest increase since February 2021, official data showed Tuesday.

US, European stocks rise on eve of Fed rate decision

US and European stocks rose Tuesday, a day ahead of a long anticipated interest-rate cut by the US Federal Reserve that investors are increasingly betting will be big.

Sean 'Diddy' Combs charged with racketeering, sex trafficking

Superstar rapper Sean 'Diddy' Combs has been indicted on charges of racketeering conspiracy and sex trafficking, prosecutors said Tuesday.

US retail sales see slight rise, beating expectations

US consumer spending rose only slightly in August, government data showed Tuesday, with consumers appearing to shift towards essentials in the face of high interest rates.

US Fed begins two-day meeting set to end with rate cut

The US Federal Reserve began a two-day interest rate discussion on Tuesday that is all-but-certain to end with its first cut since March 2020, as inflation continues to ease.

Sean 'Diddy' Combs to plead not guilty to racketeering, sex trafficking

Sean "Diddy" Combs will plead not guilty on Tuesday to racketeering and sex trafficking charges, his lawyer said ahead of a court appearance by the superstar rapper.

'I am a rapist,' Frenchman tells trial over mass rape of wife

"I am a rapist," said a Frenchman accused of drugging his wife so that he and dozens of strangers could sexually assault her, his first testimony in a trial that has horrified France.

'Shouted his name': Channel tragedy survivor hopes friend made it

Khames made it out alive when the overcrowded vessel he was on capsized in the English Channel, but the migrant from Egypt has no idea whether the childhood friend he was travelling with also managed to survive.

STOOF International GmbH presents specially protected vehicles and innovative security concepts at Security Essen 2024

STOOF International GmbH, a leading global supplier of armoured vehicles and security equipment, is pleased to announce its participation in Security Essen 2024. The trade fair, which will take place in Essen from 17 to 20 September 2024, is one of the world's most important platforms for security and fire protection solutions.As a high-performance company in the security industry, STOOF International GmbH offers a wide range of specially protected off-road vehicles, armoured limousines, cash and valuables transporters and trucks. At Security Essen, the latest products and technologies will be presented that have been specially developed to meet the growing demands in the field of security.Visitors to the trade fair will have the opportunity to find out first-hand about the advanced solutions from STOOF International GmbH and experience the exceptional quality and performance of its products. More than ever, security has become a global challenge. STOOF International GmbH's products make a decisive contribution to protecting people and assets in risky and dangerous situations.

Charges against Sean 'Diddy' Combs to be revealed following arrest

Details of the charges against superstar rapper Sean "Diddy" Combs are expected to be revealed Tuesday, the US attorney for the Southern District of New York said following the music mogul's arrest in Manhattan.

Young Equatorial Guineans yearn for the American dream

Tiny but oil-rich Equatorial Guinea long escaped the youth exodus plaguing other African nations, but a decade of economic decline and rising unemployment has left many eager to leave.

Coal phase-out fuels far right in rural eastern Germany

White clouds still billow from the cooling towers of a coal plant near Spremberg in Germany's ex-communist east but the end is in sight as Berlin phases out the dirty fossil fuel.

More than 95,000 Japanese aged over 100, most of them women

The number of people in Japan aged 100 or older has hit a record high of more than 95,000 -- almost 90 percent of them women -- government data showed Tuesday.

Dubai Telegraph - Economy (English)

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