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Is Musk's political career descending to Earth?

Elon Musk's rise as President Donald Trump's all-powerful wingman was as rapid and unstoppable as one of his SpaceX rockets. But reports Wednesday are fueling speculation that the billionaire's political career may be coming back to Earth.

On Mexico-US border, Trump's 'Liberation Day' brings fears for future

As dawn broke over the Mexican-US border on US President Donald Trump's "Liberation Day," Raul Hernandez steered his semi-trailer carrying Toyota pick-up trucks towards California, worried how tariffs would affect him.

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ECB pushes back against calls for looser bank rules

The European Central Bank has pushed back against calls to loosen rules for eurozone banks despite fears they could fall behind US rivals if President Donald Trump implements major deregulation.

Filipinos see pathway from poverty with virtual assistant jobs

Nathalie Mago's work day begins after she's tucked her three daughters into bed and flicked off the lights in their house north of the Philippine capital Manila.

Stocks edge out gains as fears ease over next Trump tariffs

Global equities eked out some gains Tuesday with Wall Street largely advancing while European stocks made modest progress as concerns eased over upcoming tariffs from US President Donald Trump.

Back in the pink: Senegal salt lake gets its colour back

The waters of Senegal's Lake Retba are back to their famous pink hues three years after floods washed away their rosy tinge -- and businessfolk and tourists are thrilled.

Lesotho's king warns nation will reel from Trump cuts

Lesotho will suffer from Donald Trump's aid cuts and stands to lose up to 40,000 jobs if the US president also cancels a trade pact granting duty-free access to the American market, the monarch of the tiny southern African kingdom warned ahead of a trip to Europe on Wednesday.

Olympic champion Ingebrigtsen testifies against father in abuse trial

Double Olympic champion runner Jakob Ingebrigtsen took the stand Tuesday at the trial of his father -- who is charged with abusing the sports star and his sister -- portraying a controlling and manipulative parent.

World Athletics approves swab test to determine female gender

World Athletics said on Tuesday it had approved the introduction of a cheek swab test to determine if an athlete is biologically female.

Shell plans to cut more costs, boost gas sales

British energy giant Shell on Tuesday announced plans to slash costs by billions of dollars and increase shareholder returns, as it focuses on its liquified natural gas (LNG) business.

European stocks jump after Wall Street rally

Europe's main stock markets rose solidly Tuesday after a rally on Wall Street thanks to easing concerns over US President Donald Trump's tariffs.

Tesla sales sink by nearly half in Europe

Tesla sales plunged in the European Union in the first two months of the year, auto industry figures showed Tuesday, as Elon Musk's politics and ageing models may be turning consumers away.

Trump to impose sharp tariffs on countries buying Venezuelan oil

US President Donald Trump announced Monday steep tariffs on imports from countries buying Venezuelan oil and gas, a punitive measure that could hit China and India, among others, and sow fresh global trade uncertainty.

Markets mixed as traders struggle to match Wall St rally

Equities diverged Tuesday, as investors struggled to extend Wall Street's rally despite easing fears over Donald Trump's planned tariffs, while traders were also looking ahead to the release of key US inflation data.

Anti-abortion group's 'baby box' stirs Croatia row

A "baby box" for abandoned newborns has sparked a row in staunchly Catholic Croatia with women's rights groups calling for its removal, saying it is an illegal "Trojan horse" for anti-abortion campaigners.

Samsung TV pioneer Han Jong-hee dead at 63

Samsung Electronics co-CEO Han Jong-hee, credited with boosting the South Korean tech giant's television business on the global stage, died of a heart attack Tuesday aged 63, the company told AFP.

Most Asian markets track Wall St on tariff hope

Equities mostly rose in Asia on Tuesday, extending Wall Street's rally on easing fears over Donald Trump's planned tariffs, while traders were also looking ahead to the release of key US inflation data.

Afghan women risk Taliban wrath over hair trade

Until Taliban authorities took power in Afghanistan, women like Fatima were able to freely sell their hair to be made into wigs, bringing in crucial cash.

Wall Street lifted on hopes for softer Trump tariffs

Wall Street rose sharply on Monday, as the White House indicated that President Donald Trump was contemplating imposing less drastic US tariffs next week than previously thought.

Hyundai announces new $21 billion investment in US manufacturing

South Korean auto giant Hyundai on Monday announced a multi-billion-dollar investment in the United States, including a new $5.8 billion steel plant.

'Delete your data': Genetic testing firm 23andMe files for bankruptcy

Pioneering US genetic testing company 23andMe has filed for bankruptcy and is looking for a buyer two years after hackers gained access to millions of profiles.

Wall Street lifted on fresh hopes for Trump's tariff approach

Europe stocks dipped, but Wall Street rose strongly on Monday as worries about fresh US tariffs expected next week were tempered by hopes that US President Donald Trump was considering a more targeted approach.

Man on trial after burning wife alive in France

A French-Algerian man went on trial in France on Monday for burning to death his wife in 2021, a case that shocked the public and sparked heavy criticism of police for failing to take adequate measures to protect her.

Genetic testing firm 23andMe files for bankruptcy

Pioneering US genetic testing company 23andMe has filed for bankruptcy and is looking for a buyer two years after hackers gained access to millions of profiles.

Chinese EV giant BYD surpasses rival Tesla with record 2024 revenue

Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion.

Greenland PM denounces US 'foreign interference' ahead of visit

Greenland's prime minister, Mute Egede, accused Washington on Monday of interfering in its political affairs by sending a US delegation to the Danish territory, which is coveted by US President Donald Trump.

Markets fluctuate as traders prepare for 'Liberation Day'

Equity markets were mixed on Monday as worries about fresh US tariffs pencilled in for next week were tempered by a report that Donald Trump was considering a more targeted approach.

Ingebrigtsen Sr in the dock for abuse of Olympic champ

The father and former coach of double Olympic champion Jakob Ingebrigtsen appears in court in Norway on Monday accused of domestic abuse against his son and daughter.

Indigenous leaders end world voyage with prayer for nature

The leaders of 22 Indigenous peoples from five continents held prayers for nature in Chile on Sunday at the end of a 46-day pilgrimage around the world.

France's Dassault says upping Rafale warplane output

France's Dassault Aviation is looking to ramp up production of its Rafale combat planes, its CEO said on Sunday, after President Emmanuel Macron said the country would increase orders.

Pakistan charges Baloch activist with 'terrorism'

Pakistan on Sunday charged a Baloch rights activist with terrorism, sedition and murder after she led a demonstration which ended in the death of three protesters, according to police documents.

Chinese premier calls for 'dialogue' as US senator visits Beijing

China's number two leader on Sunday called for "dialogue" with Washington, during a meeting in Beijing attended by prominent US business executives and a key congressional ally of President Donald Trump.

China says to pursue 'correct' path of globalisation as trade woes mount

China's number two leader told a gathering of business executives in Beijing on Sunday that the country would pursue economic globalisation despite "fragmentation", a thinly veiled reference to trade turmoil sparked by US President Donald Trump.

'Surf and turf' protest in Spain against factory, mine

Thousands of people on boats and on land staged a "surf and turf" protest in northwest Spain on Saturday against a planned textile factory and the reopening of a copper mine.

Dubai Telegraph - Economy (English)