Economy
Mexican president-elect's team pledges economic stability
Mexico's finance minister reassured investors Tuesday that president-elect Claudia Sheinbaum would ensure the stability of Latin America's second-biggest economy, after her landslide election win rattled financial markets. Mexico's main stock market rebounded by more than three percent on Tuesday as investors appeared to welcome the pledge.
Worries for France's Le Coq Sportif ahead of Paris Olympics
Loss-making French sportswear brand Le Coq Sportif faces fresh doubts about its finances and operations just as it should be delivering around 370,000 items of clothing and equipment for the Paris Olympics. Le Coq Sportif returned as supplier to the French Olympic team for the first time in 50 years at the Beijing Winter Games in 2022.
Nigeria unions suspend nationwide strike to allow more wage talks
Nigerian union leaders on Tuesday suspended a nationwide strike to allow for more wage talks after they disrupted flights, shut down the national power grid and closed public offices and schools.
Hardline farmers back in Brussels to protest EU policies
Hundreds of tractors from across Europe rolled into Brussels on Tuesday in a protest spearheaded by hardline farmers' groups against EU green policies, days before elections across the bloc.
Inter CEO Marotta takes over as club president
Inter Milan's sporting CEO Giuseppe Marotta will take over as the Serie A champions' new president on Tuesday after being put forward by the Italian club's new US owners Oaktree. Since then, Inter have won two Serie A titles, two Italian Cups, three Italian Super Cups and reached the final of both the Champions League and Europa League.
Frustration in the air: Boeing delays hang over aviation meet
Back-slapping over record passenger figures is tinged with frustration at the airline trade body's annual meeting as carriers lament years-long delays to deliveries of new Boeing aircraft. Headline projections of nearly five billion passengers and close to $1 trillion in revenues this year, both records, were reasons for celebration at the IATA annual general meeting in Dubai.
Behind bars: Belfast jail reborn as whiskey distillery
Once home to paramilitary prisoners during Northern Ireland's "Troubles", a notorious Belfast jail is now home to a whiskey still that is drawing tourists to a formerly strife-torn area. The jail -- colloquially known as the "Crum" -- opened its doors as a tourist attraction in 2012 and the firm hopes the distillery will draw even more visitors.
S. Korea earmarks $24bn in aid, investment support for Africa
President Yoon Suk Yeol on Tuesday announced billions of dollars in new aid and investment support for Africa, as South Korea looks to boost trade ties with the continent.
Asian markets in reverse as US data spark economy worries
Asian markets fell Tuesday as traders were spooked by signs of weakness in the US economy, even as the data boosted hopes the Federal Reserve will cut interest rates this year. While traders have of late taken soft economic data as a positive sign, owing to the fact it gives the Fed room to cut rates, the latest news stoked concerns about the outlook for the economy.
Economy
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