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Air Canada taps new CEO to replace chief who couldn't speak French

Air Canada named a new CEO on Wednesday to replace Michael Rousseau, who announced his retirement following controversy over his failure to issue condolences both in English and French after a fatal airport disaster.

MEXC Adds Nine Ondo Tokenized Stock and ETF Trading Pairs Tied to AI Infrastructure Demand

MEXC, a pioneer in 0-fee digital asset trading, will add nine Ondo tokenized stock and ETF trading pairs to its spot market, the latest expansion of ongoing collaboration with Ondo Finance. The new pairs cover companies across the data center, semiconductor and power supply chains linked to growing AI infrastructure demand, expanding the range of tokenized U.S. equities available to users and providing on-chain exposure to a sector at the center of the current AI infrastructure buildout.

Last news

Stock markets mixed before key rate calls

Stock markets diverged Monday as traders reacted to weak global data and political uncertainty in Spain, while awaiting key interest-rate decisions due this week.

Philips sales jump, bounces back from respirator recall

Dutch medical tech firm Philips posted a nine percent jump in second-quarter sales and a return to profit on Monday as it bounces back from a global recall of sleep respirators.

Markets mixed ahead of key rate decisions, China worries weigh

Equities were mixed Monday in Asia with investors gearing up for policy decisions at major central banks this week, while concern over the Chinese economy continued to dampen sentiment.

Asian markets mostly gain ahead of key rate decisions

Equities mostly rose Monday in Asia with investors gearing up for policy decisions at major central banks this week, while concern over the Chinese economy continued to dampen sentiment.

ECB set to hike again with inflation stubbornly high

Another interest rate hike appears a near certainty when ECB policymakers meet Thursday as inflation remains high, but the central bank faces increasing discontent among countries scared high interest rates will hurt growth.

In age of AI, women battle rise of deepfake porn

Photo apps digitally undressing women, sexualized text-to-image prompts creating "AI girls" and manipulated images fueling "sextortion" rackets -- a boom in deepfake porn is outpacing US and European efforts to regulate the technology.

G20 energy ministers fail to agree on fossil fuels roadmap

Energy ministers from the group of 20 nations meeting in India Saturday failed to agree on a roadmap to phase down the use of fossil fuels in the global energy mix.

10 months since Iran's protests, Kurdish exiles in limbo

Like other Iranian Kurds who fled into exile during last year's women-led mass protests, 17-year-old Sarina tries to keep a low profile in her new home in northern Iraq.

Trailers, a growing trend in wealthy California's housing crisis

Tamara Hernandez moved into a recreational vehicle when her rent shot up. Beau Beard did it because he lost everything after going to prison.

Global stocks mixed after tech drubbing

Global stock markets wavered on Friday, a day after shares in major US tech firms took a beating and as investors brace for a week of interest rate decisions.

Amazon invests $120 million in internet satellite facility

Amazon said Friday it will invest $120 million to build a satellite construction facility at NASA's Kennedy Space Center, as part of its plans to launch a space internet service to rival SpaceX's Starlink.

India and Sri Lanka to consider land link

India and Sri Lanka agreed Friday to consider building a land link between them, they said during President Ranil Wickremesinghe's first visit to the regional powerhouse, as Chinese influence grows on his island.

Stocks mixed after tech drubbing

Global stock markets wavered on Friday, a day after shares in major tech firms took a beating and as investors brace for a week of interest rate decisions.

Synthetic drug 'kush' ravages Sierra Leone's young

Their lives are mired in poverty and despair.

McDonald's opens misconduct unit after UK allegations

McDonald's UK has opened a specialist unit to investigate allegations of racial and sexual misconduct exposed by the BBC, its boss announced Friday.

Stocks mixed as markets eye more US rate hikes

Asian and European stock markets traded mixed Friday as a drop in US jobsless claims revived expectations of two more interest-rate hikes from the Federal Reserve, adding to worries about China's economy.

Top rice supplier India bans some exports

The world's biggest rice exporter India has banned some overseas sales of the grain "with immediate effect", the government said, in a move that could drive international prices even higher.

Markets fluctuate as US jobs data knocks rate hopes

Asian equities wobbled again Friday at the end of a draining week as fresh US jobs data put revived bets on two more Federal Reserve interest rate hikes, adding to ongoing worries about China's economy.

Opposites attract: 'Barbenheimer' double debut to rock US, Canada

An iconic doll ready to paint the world pink and the scientist who helped invent the atomic bomb -- an unlikely pair and apparently a match made in box office heaven.

Growing climate risks fuel surge in US home insurance costs

When Jack Hierholzer moved back to Pensacola in the Florida panhandle, it felt like a homecoming.

Brazil's Embraer to build flying taxis in Sao Paulo

Brazilian aeronautics company Embraer and its urban mobility subsidiary Eve said Thursday they would build a factory near Sao Paulo to manufacture electric flying taxis that could take off as soon as 2026.

Uncertain outlook weighs on American Airlines shares despite blowout Q2

American Airlines reported blowout second-quarter earnings on Thursday on strong demand and lower jet fuel prices, but shares still tumbled on disappointment with the company's outlook.

Brazil's Embraer to start building flying taxis

Brazilian aeronautics company Embraer and its urban mobility subsidiary Eve said Thursday they would build a factory near Sao Paolo to manufacture flying taxis that could take off as soon as 2026.

After Hollywood strike, Broadway staves off industrial action

A tentative agreement was reached in New York Thursday to avert a strike that threatened to shut most Broadway shows, as Hollywood remains on hold over historic industrial action.

Biden promises 'American dream' in shipyard speech on economy

President Joe Biden on Thursday visited a shipyard symbolizing the industrial boom he hopes will put wind in his re-election campaign's sails, even if polls show most Americans cool on him continuing as their economic captain.

Amazon expands pay-by-palm service in US grocery stores

Customers shopping at Amazon's US-based Whole Foods grocery stores will be able to pay for items by hovering their palm over a scanner, much like shoppers already do with smartphones or credit cards.

Under Texas abortion ban, a mother watches her baby die

A scan revealed that Samantha Casiano's unborn child had serious health detects and would not survive outside the womb for more than a few hours.

Russian bombs target frontline Ukraine chemical plant

The Russian high-explosive bombs started falling around the frontline Ukrainian chemical plant about three months ago.

Stock markets mixed as corporate results flood in

Wall Street indices wavered on Thursday as investors tracked a slew of corporate earnings including disappointing results for Tesla and Netflix.

'No way out': Ukraine farmers lament collapse of grain deal

Vitaliy Bylenko looked ruefully at the mountains of grain in his barn, contemplating the growing obstacles to shifting the stockpiles after Russia this week exited a deal allowing Black Sea exports.

Stock markets mixed as rate hopes play against China fears

Stock markets traded mixed Thursday as hopes that central banks are close to ending their interest rate hikes were offset by worries about a lack of action by Chinese leaders to kickstart the country's stuttering economy.

Chip giant AMD says AI to be 'mega-trend' for computing world

AI will be the "defining mega-trend" for the global computing industry, the head of chip giant AMD said Thursday in Taiwan, where the majority of the world's semiconductors powering the technology is produced.

Volkswacht Bodensee - Economy (English)