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Digital euro delay could leave Europe vulnerable, ECB warns

The European Central Bank urged the European Union on Friday to swiftly press ahead with adopting a digital euro, warning that delays would leave the continent reliant on foreign "big tech" players.

German exports to US plunge as tariffs exact heavy cost

German exports to the United States plunged in 2025 amid President Donald Trump's tariff blitz, driving down the trade surplus of Europe's top economy with the crucial US market to a four-year low, data showed Friday.

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Electric vehicle prowess helps China's flying car sector take off

A worker in white gloves inspects the propellers of a boxy two-seater aircraft fresh off the assembly line at a Chinese factory trialling the mass production of flying cars.

OPEC+ likely to maintain current output levels

Ministers of the Organization of the Petroleum Exporting Countries and allied nations (OPEC+) are expected to keep current output levels unchanged when they meet for online meetings on Sunday, analysts told AFP.

Paris's arthouse cinemas adapt to battle decline

Paris is one of the world's arthouse cinema hotspots, but falling attendance levels mean beloved independent operators must innovate and invest to survive.

Air travel disrupted over Airbus A320 software switch

More airlines around the world announced delayed or cancelled flights Saturday following an Airbus alert that up to 6,000 A320 aircraft may require upgrades.

How successful has OPEC+'s oil output policy been in 2025?

Ministers of the Organization of the Petroleum Exporting Countries and allied nations (OPEC+) are unlikely to make changes to their oil output strategy when they discuss production at an online ministerial meeting on Sunday.

Inch by inch: the search for Mexico's disappeared in a city cemetery

Elizabeth Alvarez has been searching for her brother since 2013, when the 31-year-old left his home to run an errand in Mexico City.

Stocks rise in thin post-Thanksgiving trading

Global stocks mostly rose Friday, extending a positive winning streak based in part on expectations that the Federal Reserve will cut interest rates again next month.

Crowds, bargains greet US shoppers on 'Black Friday'

The annual "Black Friday" kickoff to the US holiday shopping season drew crowds Friday as millions of Americans seized on the time-tested custom at physical stores and through e-commerce.

Air travel faces disruptions over A320 software switch

Air passengers have been warned of potential travel disruptions following an Airbus alert on Friday that up to 6,000 operational A320 aircraft may require upgrades.

Rebel nuns win reprieve in Austrian convent dispute

Three nuns in their 80s who made headlines after fleeing their care home to take back their convent in Austria are being allowed to stay there "until further notice", church officials said Friday.

Stocks rise in thin Thanksgiving trading

Wall Street and key European equity markets rose on Friday in thin US holiday weekend trading, with a key US exchange suffering an outage.

Belgian PM digs in against EU push to use Russian assets for Ukraine

Belgium's Prime Minister Bart De Wever has called an EU plan to use frozen Russian assets to fund Ukraine "fundamentally wrong", throwing further doubt on a push to agree the move next month.

Hong Kong's bamboo scaffolding under scrutiny after fatal fire

Dozens of deaths in an inferno at a Hong Kong residential estate have ignited debate over the role the city's quintessential bamboo scaffolding played in the fire's spread, as the government promised to phase it out.

India economic growth beats forecasts but tariffs loom

India's economy grew faster than expected in the last quarter, official data showed Friday, but the impact from US tariffs is expected to bite in the rest of the financial year.

Rebel octogenarian Austrian nuns win reprieve

Three rebel nuns in their 80s who made headlines after fleeing their care home to take back their Austrian convent are being allowed to stay in the nunnery "until further notice", church officials said Friday.

Markets muted in thin trade, hit by data centre glitch

Stock markets were little changed Friday, capping a solid week driven by expectations of more US rate cuts, with trading thinned by the Thanksgiving holiday and a data centre outage.

Most Asian markets build on week's rally

Most markets squeezed out gains Friday at the end of a strong week for equities fuelled by growing expectations that the Federal Reserve will cut interest rates again next month.

Court clears South Korean worker of stealing 73-cent snacks

A worker accused of "stealing" snacks worth less than a dollar in South Korea has finally been acquitted after a legal battle lasting nearly two years.

China says humanoid robot buzz carries bubble risk

More than 150 Chinese companies are making humanoid robots but a market bubble risks forming in the rapidly growing futuristic industry, a Beijing official has warned.

Trump says Venezuela anti-drug operations 'by land' to begin 'soon'

US President Donald Trump said Thursday that efforts to halt Venezuelan drug trafficking "by land" would begin "very soon," further ratcheting up tensions with Caracas, which claims the anti-drug campaign aims at regime change.

In blow to Lula, Brazil Congress revives controversial environmental bill

Brazil's conservative-led Congress on Thursday reinstated much of a bill that makes it easier for companies to secure environmental permits, infuriating the leftist government and green groups.

Europe secures record space budget to boost independence

The European Space Agency announced Thursday it had secured a record budget of 22.1 billion euros to fund its programmes for the next three years, as the continent seeks greater independence in space.

Venezuela foreign airline ban slammed as 'disproportionate'

Venezuela's decision to ban foreign airlines that stopped flying to the Caribbean country over concerns about US military activity was branded "disproportionate" on Thursday as thousands of passengers scrambled to save their travel plans.

Singapore AI teddy back on sale after recall over sex chat scare

A plushy, AI-enabled teddy bear recalled after its chatbot was found to engage in sexually explicit conversations and offer instructions on where to find knives is again for sale, AFP found.

European stocks steady as US shuts for Thanksgiving

European stock markets steadied Thursday after solid gains in Asia, as markets increasingly expect the US Federal Reserve to cut interest rates next month.

Wildlife trade body rejects new eel protections

The world's top wildlife trade body rejected new protections for eels on Thursday in a secret ballot at talks in Uzbekistan.

Most Asian markets track latest Wall St rally as rate bets rise

Most Asian markets rose Thursday to extend the week's global rally as traders ramp up bets on a third successive US interest rate cut next month.

Asian stocks track latest Wall St rally as rate bets rise

Asian markets rose again Thursday to extend the week's global rally as traders ramp up bets on a third successive US interest rate cut next month.

Japan beer giant Asahi delays earnings due to cyberattack

Japanese beer giant Asahi said Thursday it has delayed the release of full-year financial results due to a major ongoing cyberattack that began in late September.

US stocks rise for 3rd straight day while British pound advances

Global stocks mostly rose Wednesday, with Wall Street equities gaining on hopes of lower interest rates, while the British pound advanced on the government's unveiling of a new budget.

UK allows new oil, gas drilling in existing North Sea fields

Britain's government signalled Wednesday it could issue permits for oil and gas extraction around existing North Sea fields, despite a promise to halt licences for new production in the area.

UK tax-raising budget pleases markets despite growth downgrades

Britain's government unveiled a tax-raising budget Wednesday welcomed by financial markets, as its hard-hitting action aims to slash state debt as well as fund public services.

The China Mail - Economy (English)