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Dubai Telegraph - Economy (English)
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Fed's credibility 'on the line' amid US inflation spike: official
The Federal Reserve needs to accelerate the pace of interest rate increases to fight inflation, but can do so in a way that doesn't roil financial markets, St. Louis Fed President James Bullard said Monday.
Stocks nervous even after Russia sees 'chance' in Ukraine crisis
Stock markets attempted to claw back some of their earlier losses on Monday after Russia suggested there might be a "chance" of reaching an agreement with the West over Ukraine.
Nobel economists warn UK of lasting damage from Brexit
Ten winners of the Nobel Prize in economics on Monday warned that leaving the European Union would "create major uncertainty" over Britain as a trading nation and inflicting lasting economic damage.
Austria's Max Schrems: US high-tech giants' worst nightmare?
Few in Silicon Valley could have predicted that a mild-mannered young Austrian lawyer who spent a semester studying there would one day become high-tech companies' worst nightmare.
Love in the time of corona in focus at Berlin fest
The Berlin film festival has delivered on a promise of "crazy, intoxicating" love stories at its 72nd edition, with diverse movies exploring infatuation and loss around the pandemic-racked world.
Markets tumble, oil rises on Ukraine conflict fears
Asian and European markets sank and oil prices rallied Monday after the United States warned Russia could attack Ukraine within days as diplomatic efforts to prevent a war appeared to fail, while fears over inflation were also keeping traders on edge.
Asian markets drop, oil rises on Ukraine conflict fears
Asian markets fell and oil prices rallied Monday after the United States warned Russia could attack Ukraine within days as diplomatic efforts to prevent a war appeared to fail, while fears over inflation were also keeping traders on edge.
Asian markets track Wall St losses on Ukraine conflict fears
Asian markets fell and oil prices rallied Monday after the United States warned Russia could attack Ukraine within days as diplomatic efforts to prevent a war appeared to fail, while fears over inflation were also keeping traders on edge.
Hopes for recovery in focus at Asia's biggest airshow
Asia's biggest airshow takes place in Singapore this week with the aviation sector hoping 2022 marks a turning point in a region where tough curbs have left coronavirus-battered airlines struggling to recover.
IAEA begins mission to review Fukushima water release
An International Atomic Energy Agency taskforce began a mission Monday in Japan to review the controversial planned release of treated water from the Fukushima nuclear plant into the ocean.
Deepfake democracy: South Korean candidate goes virtual for votes
In a crowded campaign office in Seoul, young, trendy staffers are using deepfake technology to try to achieve the near-impossible: make a middle-aged, establishment South Korean presidential candidate cool.
Germany leader heads to Kyiv to calm 'critical' Russia war threat
German Chancellor Olaf Scholz lands in Kyiv on Monday before visiting Moscow to try to head off a "very critical" threat of a Russian invasion that could spark the worst crisis since the Cold War.
Asian markets track losses on Wall St on Ukraine conflict fears
Asian markets fell and oil prices rallied Monday after the United States warned Russia could attack Ukraine within days as diplomatic efforts to prevent a war appeared to fail, while fears over inflation were also keeping traders on edge.
Why is India's largest insurer being listed?
India is embarking on the blockbuster listing of the country's largest insurer as part of a wider privatisation drive to bolster public coffers drained by the coronavirus pandemic and fund new infrastructure.
'Death on the Nile' cruises to N.America box office lead
"Death on the Nile" cruised to the top of the North American box office in its opening weekend, showing the continuing lure of a good old-fashioned Agatha Christie murder mystery, according to industry data Sunday.
Why India's largest insurer is being listed?
India is embarking on the blockbuster listing of the country's largest insurer as part of a wider privatisation drive to bolster public coffers drained by the coronavirus pandemic and fund new infrastructure.
India to sell 5% of insurance giant in huge IPO
India plans to sell a five percent stake in insurance giant LIC in what could potentially be the country's largest initial public offering, according to a regulatory filing Sunday.
Ukraine vows to keep airspace open despite Russia threat
Ukraine on Sunday vowed to keep its airspace open to international travel despite Western warnings that Russian troops conducting drills near its borders could invade at any point.
Ukraine's star author Kurkov says his native Russian should be curbed
Ukraine's bestselling Russian-speaking author Andrey Kurkov says it is "immoral" to defend the Russian language in the ex-Soviet republic during soaring tensions with Moscow.
Oil majors face backlash as era of big profits returns
Soaring energy prices have brought massive profits to oil majors -- along with fierce criticism from environmentalists and politicians at a time when consumers are left with rising bills.
A sea of red in Saudi shops -- but don't mention Valentine's
Red clothing and underwear are displayed in Saudi shopfronts, but the increasingly popular Valentine's Day promotions are missing one thing: the festival's name.
Germany loses patience with ex-chancellor's Russia lobbying
Former German chancellor Gerhard Schroeder's close friendship with President Vladimir Putin and lucrative business dealings with Russia have for years been reluctantly tolerated at home.
Indian industrialist Rahul Bajaj dies at 83
Veteran industrialist Rahul Bajaj, whose name was synonymous with road transport in India, died Saturday aged 83, his company said.
Canada-style convoy blocks Netherlands' The Hague
A convoy of vehicles from across the Netherlands brought The Hague's city centre to a standstill on Saturday, protesting against coronavirus restrictions.
Play and glitter: New York Fashion Week kicks off amid Covid
Experimentation, play, and glitter: a coronavirus-impacted New York Fashion Week got under way Friday with Fall/Winter 2022 shows by Proenza Schouler and Christian Cowan.
The troubled California factory at Tesla's core
Tesla can hardly make enough electric vehicles to meet booming demand, but behind the world's most valuable auto brand is its troubled California factory that makes most of those cars.
Canada truckers defy order to clear key bridge
Truckers snarling a key bridge between Canada and the United States in protest at Covid rules defied a judge's order to leave Friday night, with the crowd getting even bigger two weeks into the snowballing protest movement.
Ian McDonald, prog rock founder of King Crimson, dies at 75
Ian McDonald, the English architect of progressive rock who co-founded the band King Crimson as well as Foreigner, has died. He was 75 years old.
Worries over Ukraine invasion pummel US stocks, lift oil prices
Wall Street stocks tumbled and oil prices surged Friday as White House warnings of a possibly imminent Russian invasion of Ukraine reverberated through financial markets.
Edgy Austrian director holds mirror up to 'ugly' Europe
Austrian director Ulrich Seidl has shocked arthouse audiences for two decades with hard looks at society's seedy underbelly and said Friday Europeans must be willing to confront the continent's "ugly" side.
Stocks rattled by US inflation surge
European and Asian stock markets fell Friday on fears the Federal Reserve will move more aggressively to tighten monetary policy to tame decades-high inflation.
UN science report to sound deafening alarm on climate
Nearly 200 nations kick off a virtual meeting Monday to finalise what promises to be a harrowing scientific overview of accelerating climate impacts that will highlight the urgent need to cut emissions -- and prepare for the challenges ahead.
Global stocks sink on US inflation surge
World stock markets fell Friday on fears the Federal Reserve will move more aggressively to tighten monetary policy to tame decades-high inflation.
How to be a TikTok music megastar
Tom Rosenthal is a 35-year-old singer-songwriter from London. He had already built a decent career over a decade, but when he joined TikTok in 2020 he said the impact was "seismic".
NY Times pulls 'Singapore curry' video after backlash
The New York Times pulled a video Friday showing a Taiwan-based writer making a "Singaporean chicken curry" after furious critics in the city-state said it resembled sewage rather than a local dish.
UK economy rebounds by record 7.5% from pandemic in 2021
Britain's economy grew by a record 7.5 percent last year on easing Covid curbs after a pandemic-driven collapse, official data showed Friday, but analysts warned that sky-high inflation clouds the 2022 outlook.
Turbine 'torture' for Greek islanders as wind farms proliferate
Until a few years ago, Agii Apostoli was a picturesque seaside village on the eastern coast of Evia, drawing a modest income from tourism and fishing.
Bitter row erupts over Anne Frank betrayal book
It was meant to put one of World War II's greatest mysteries to rest, but instead a new book about young diarist Anne Frank has stirred up ghosts from the past.
What's next for TikTok's music industry revolution?
With a billion users, TikTok has rapidly become one of the most important players in the music industry, and now has its sights set on revolutionising the way artists are discovered and get paid.