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法国政府拨款10亿欧元应对疫情担保贷款违约潮

法国政府于周三在部长会议上宣布，将在2026年财政修正法案中开放超过10亿欧元的资金，用于支付因企业破产而触发的国家担保贷款赔偿。此举旨在应对疫情后经济困难导致的公共财政压力。

Wall Street Tech Stocks Plunge as AI Regulation Fears Mount

US stock markets suffered significant losses following the midterm elections, driven by investor anxiety over potential new regulations on artificial intelligence. The technology-heavy Nasdaq 100 fell 5.5 percent, while major tech conglomerates collectively lost more than one trillion dollars in market capitalization as political shifts raised concerns about infrastructure and policy constraints.

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US trade chief defends tariff hikes when paired with investment

US Trade Representative Katherine Tai defended stiff tariff hikes against countries like China, arguing that paired with investment, they were a "legitimate and constructive" tool for re-invigorating domestic industries.

EU court blocks French ban on vegetable 'steak' labelling

A European court on Friday overturned a French government ban on makers of plant-based meats calling their products "steak" or "sausage", which Paris had imposed to protect livestock farmers.

US dockworkers return to ports after three-day strike

Thousands of dockworkers returned to work Friday, the day after a longshoremen's union reached a preliminary deal with shippers, ending a three-day strike weeks before the US presidential election.

DR Congo to begin mpox vaccination campaign Saturday in east

Democratic Republic of Congo, the epicentre of an mpox outbreak, will begin a vaccination campaign on Saturday, three days later than planned.

Meta must limit data use for targeted ads: EU court

Social media platforms such as Meta's Facebook must limit the use of personal data including someone's sexual orientation for targeted advertising, the European Union's top court ruled Friday.

Oil extends gains, jobs report lifts Wall Street

Oil prices rose further Friday on fears Israel could strike Iranian crude facilities, while global stock markets mostly advanced on signs of continued strength in the US economy.

US hiring soars past expectations in sign of resilient market

Hiring in the United States picked up significantly more than expected in September while the jobless rate crept lower, according to government data released Friday, offering relief to policymakers ahead of November's election.

As EU targets Chinese cars, European rivals sputter

As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear.

Top EU court finds against FIFA in key transfer market ruling

The EU's top court said on Friday some international football rules regulating player transfers are contrary to the bloc's laws, in a landmark decision that could shake up the system.

Oil extends gains, Hong Kong stocks resume rally

Oil prices rose further Friday as tensions mount in the Middle East, while Hong Kong's stock markets resumed a rally caused by China's recently-announced measures to stimulate its economy.

'A man provides': Ukrainian miners send families away as Russia advances

Yury Kozynets embraced his wife Alyona Gladkaya in front of the evacuation bus, just before it separated them, whisking her away from the under-fire Ukrainian city of Pokrovsk.

EU states greenlight extra tariffs on EVs from China

EU countries on Friday gave a definitive green light to hefty additional tariffs on electric cars made in China, despite strong opposition led by Germany and fears it will spark a trade war with Beijing.

Hong Kong stocks resume rally, oil dips after Middle East-fuelled surge

Hong Kong stocks resumed their China-fuelled rally Friday on a broadly positive day for Asian markets while oil prices stabilised after soaring on fears about the Middle East crisis as investors await Israel's response to Iran's missile attack.

Crude stable after Israel-Iran surge, Hong Kong stocks resume gains

Oil prices stabilised Friday after soaring on fears about the Middle East crisis as investors await Israel's response to Iran's missile attack, while shares in Hong Kong resumed their rally on a mixed day for equity markets.

US dockworkers to head back to work after tentative deal

US dockworkers will return to work after a three-day strike at East and Gulf Coast ports after the union and port operators reached a tentative deal on pay and extended the current contract to January 15, both sides said Thursday.

Dockers end three-day strike at Montreal port

Dockworkers at the port in Montreal, the second-largest in Canada, ended a partial three-day strike as scheduled on Thursday, officials confirmed, with both sides summoned to mediation.

Israel-Hamas war causes 86-percent dive in Gaza GDP: IMF

A year of conflict between Israel and Hamas has resulted in a "devastating impact on the economy" in the occupied West Bank and Gaza, the IMF said Thursday, including a nearly 90 percent drop in Gaza's GDP.

Oil prices jump, stocks fall on Middle East tensions

Oil prices surged and major stock markets mostly retreated Thursday as investors reacted to fears of widening conflict in the Middle East.

Biden says 'discussing' possible Israeli strikes on Iran oil facilities

President Joe Biden said he was discussing possible Israeli strikes on Iranian oil facilities, in comments that sent oil prices spiking Thursday just a month before the US presidential election.

Oil prices rise, stocks fall on Middle East tensions

Oil prices rose and major stock markets mostly retreated Thursday as investors reacted to fears of widening conflict in the Middle East and awaited a key US jobs report.

Oil rallies, stocks mostly retreat on Middle East tensions

Oil prices jumped and major stock markets mostly retreated Thursday as investors reacted to fears of widening conflict in the Middle East.

Phasing out teen smoking could save 1.2 mn lives: study

Banning the sale of tobacco to people born between 2006 and 2010 could prevent around 1.2 million deaths from lung cancer by the end of the century, said a modelling study released Thursday.

Japan PM slated to announce plans for 'happiness index'

Japan's Prime Minister Shigeru Ishiba will propose a new happiness index during his first parliamentary policy speech on Friday, local media have reported.

Turkish inflation falls less than expected in September at 49.4%

Turkish annual inflation slowed less than expected in September to 49.4 percent, official data showed Thursday, a figure which analysts said could disappoint central bank officials after a series of interest rate hikes.

Easing inflation lifts profit at UK supermarket Tesco

Supermarket group Tesco, Britain's biggest retailer, said Thursday that net profit gained in its first half as cost pressures eased for consumers and companies.

China wine industry looks to breed climate resilience

At a laboratory in Beijing, purple and green hybrid-species grapes are laid out on a board for testing, part of the strategy China's nascent wine industry is using to try to combat climate challenges.

Tokyo rallies on weak yen, Hong Kong drops after surge

Japanese shares rallied Thursday as the yen extended losses after the country's new prime minister dampened interest rate hike expectations, while Hong Kong fell for the first time in more than a week after a blistering China-fuelled surge.

Dutch airline KLM unveils 'firm' cost-cutting measures

Dutch airline KLM on Thursday announced a sweeping package of "firm" cost-cutting measures it hopes will lead to a boost in operating profits of around 450 million euros ($496 million) "in the short term."

Carpe diem: the Costa Rican women turning fish into fashion

On a beach in Costa Rica, as fishermen land the day's catch, two women are hard at work on a slimy sea bass skin, rubbing, scraping, washing and tanning the hide to turn it into leather.

Senegal looks to aquaculture as fish stocks dwindle

The Senegalese town of Kayar sits on the doorstep of the vast Atlantic Ocean, but it is a farm located further inland that provides part of its fish production.

Climate change, economics muddy West's drive to curb Chinese EVs

China's meteoric rise as the world's powerhouse of electric vehicle production makes Western efforts to curb their exports a tough sell -- and means they could even stifle the fight against climate change, analysts warn.

Argentina's Milei vetoes university budget after huge protests

Argentine President Javier Milei has made good on threats to veto proposed increases to university funding, with the measure made official early Thursday after a day of major student-led protests.

The China Mail - Economy (English)