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The Prague Post - Economy (English)
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Global stocks rise despite more Trump tariffs
European and Asian stock markets rose Monday, as traders appeared to shrug off US President Donald Trump's latest tariffs announcement surrounding levies on steel and aluminium.
Nokia names Intel's AI head to replace CEO
Finnish telecommunications equipment giant Nokia announced on Monday it would replace chief executive Pekka Lundmark with Justin Hotard, an American executive overseeing artificial intelligence at US chip-maker Intel.
Trump to impose new 25% tariff on US steel, aluminum imports
US President Donald Trump plans to impose 25-percent tariffs on steel and aluminum imports from Monday, prompting the threat of retaliation from Europe and a warning from China that there were no winners in a trade war.
Nokia CEO Lundmark to be replaced by Intel AI chief Hotard
Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI and data centres at US chip-maker Intel.
Most Asian markets drop as traders weigh Trump's latest tariff salvo
Equities were mostly down in Asia on Monday after Donald Trump ramped up his trade war by announcing huge tariffs on steel and aluminium imports and warned every country would face "reciprocal" levies.
Afghan wedding halls light up sombre Kabul nights
As night settles over Afghanistan's capital, only a few small lights and neon signs pierce the darkness and thick blanket of winter pollution.
Trump says will impose 25% tariffs on US steel, aluminum imports
The United States will move to impose 25-percent tariffs on steel and aluminum imports this week, President Donald Trump said Sunday, the latest in a slew of trade levies he has announced.
Trump says Musk will help uncover 'hundreds of billions' in US govt fraud
President Donald Trump said in remarks airing Sunday that Elon Musk, who is presiding over a purge of US government jobs, will help find "hundreds of billions of dollars of fraud" in federal agencies.
Baltic nations 'successfully' link with European power grid
The three Baltic states successfully connected to the European power grid Sunday after severing Soviet-era links with Russia's network, a shift that EU chief Ursula von der Leyen hailed as "freedom from threats and blackmail".
AI app offers a lifeline for S.Africa's abused women
She says she was violated by police. Now she's brainstorming an AI-integrated app with a panic button that alerts private security to help other women caught in South Africa's tragically high rates of abuse.
China inflation picks up after Lunar New Year spending boost
Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending.
Record gold prices both boon and burden for London jewellers
In London's Hatton Garden jewellery quarter, stores have raised their iron shutters to welcome a motley crew of buyers and sellers, as the price of gold reaches record highs.
Musk risks putting EU buyers off Tesla: analysts
Elon Musk's rapprochement with US President Donald Trump, his backing of European far-right parties and attacks on diversity policies could drive European buyers away from Tesla, analysts say.
PlayStation Network back online after 24-hour outage
Sony PlayStation's online services came back online on Saturday, the Japanese group said, after a 24-hour outage frustrated gamers around the world.
Soaring egg prices have US consumers squawking
A resurgence of avian flu, which first struck the United States in 2022, is hitting chicken farms hard, sending egg prices soaring and rattling consumers accustomed to buying this dietary staple for only a few dollars.
Elon Musk says has no plans to acquire TikTok's US operations
Elon Musk, the world's richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok's operations in the United States, in comments released Saturday.
Baltics disconnect from Russian power grid without incident
The three Baltic states on Saturday seamlessly cut ties with Russia's power grid to integrate with the European Union's network, a switch that gained urgency with Moscow's invasion of Ukraine.
PlayStation outages frustrate users around the world
From the United States to Thailand, users of the popular Sony PlayStation consoles might encounter "difficulties," the Japanese group said Saturday, as game players around the world expressed their frustration.
Lula pushes mega-oil project as Brazil prepares to host COP30
Brazil's president this week amped up pressure for a major oil project to go ahead at the mouth of the Amazon River, despite criticism from environmentalists as the country prepares to host UN climate talks in November.
S. Africa condemns 'misinformation' after Trump freezes aid
South Africa on Saturday condemned a "campaign of misinformation" after US President Donald Trump issued an order freezing aid to the country over a law he alleges allows land to be seized from white farmers.
Baltic nations disconnect from Russian power grid
The three Baltic states on Saturday cut ties with Russia's power grid to join the European Union's network, the culmination of a years-long process that gained urgency with Moscow's invasion of Ukraine.
Paris workshop delivers ultra-realistic film prop babies
In a workshop outside Paris, Celine Lallement stitched hairs into a silicone baby's skull -- the latest creation from a studio specialised in making ultra-realistic infants for the film and TV industries.
Baltics begin decoupling from Russian power grid
The Baltic states on Saturday began cutting ties with Russia's power grid in order to integrate with Europe's system, a years-long process that gained urgency with Moscow's invasion of Ukraine.
Airbus and Boeing eye India's 'soaring skies'
Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers are seeking lucrative deals at the flagship Aero India exhibition from Monday.
A 50-year crisis -- Ecuador's next president faces a stern test
In the throes of a bloody drug war, a shrinking economy and an acute energy crisis, Ecuadorans are remarkably optimistic about their country's future as they prepare to vote in Sunday election.
US stocks slide on tariff fears, inflation expectations
US and European shares fell Friday, with a cooler US jobs report and higher inflation expectations capping the end of a volatile week marked by concerns over a trade war.
Trudeau says Trump's Canada annexation threat 'a real thing'
Prime Minister Justin Trudeau told an economic summit Friday that President Donald Trump is serious about annexing Canada to access its natural resources, as his government vowed the country's sovereignty was non-negotiable.
US stocks slide as inflation expectations jump
US and European shares fell Friday, with a cooler US jobs report and higher inflation expectations capping the end of a volatile week marked by concerns over a trade war.
US sees slower January job growth, below expectations
The United States added fewer jobs than expected in January although hiring remained healthy, government data showed Friday, marking resilience in the labor market heading into President Donald Trump's new term.
US stocks rise as investors digest US jobs report
US stock markets rose but European shares fell Friday as investors digested a cooler US jobs report at the end of a volatile week marked by concerns over a trade war.
Trump's trade tempest: Week one
In just one week, US President Donald Trump's turbulent trade tussle with rivals and allies triggered tit-for-tat moves, more tariff threats and tense talks, leaving the world bracing for more.
US job growth misses expectations in January
The United States added fewer jobs than expected in January while unemployment ticked down, government data showed Friday, marking resilience in the labor market heading into President Donald Trump's new term.