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Court battle underway as Fed Governor Cook contests firing by Trump
A US court on Friday began hearing Federal Reserve Governor Lisa Cook's challenge of President Donald Trump's attempt to fire her, in a legal battle set to have major implications for the US central bank and its independence. In the first hearing in the case, a judge in Washington considered Cook's request for a temporary order declaring Trump's attempt to oust her unlawful.
US banana giant Chiquita returns to Panama
US banana giant Chiquita Brands will resume operations in Panama and rehire thousands of workers fired after a crippling strike, the government of the Central American country said Friday. "The goal is to be operational no later than February 2026," said the government, adding Chiquita will invest some $30 million to resume production on 5,000 hectares of banana-growing land.
Austria orders YouTube to give users access to their data
Austria's data protection authority said Friday that it has ordered YouTube to comply with EU regulations and respond to requests by users for access to data that it holds on them. The complaint against YouTube was filed on behalf of an Austrian user with the country's Data Protection Authority.
Swiss economic outlook 'dampened' by US tariffs: key barometer
Switzerland's key economic barometer fell in August after US President Donald Trump imposed whopping tariffs on the export-reliant country, the Swiss Economic Institute (KOF) said Friday. "In August, the KOF Economic Barometer drops.
Trump son hypes bitcoin on Hong Kong leg of Asia trip
Eric Trump, son of the US president, urged a crowd in Hong Kong on Friday to buy bitcoin during a trip to Asia where his crypto company is reportedly seeking acquisitions. American Bitcoin, the bitcoin miner backed by Eric Trump and Donald Trump Jr., is seeking acquisitions in Asia, the Financial Times reported this month.
German unemployment tops 3 million, highest for a decade
German unemployment topped three million in August for the first time in over a decade, official data showed Friday, in another blow to Europe's struggling top economy. The unemployment figure rose by 46,000 month-on-month to hit 3.025 million, the federal employment agency said, the highest level since February 2015.
Lay off our eggs market, French producers tell Ukraine
The leading French eggs association has sounded alarm over the import of hundreds of thousands of eggs from Ukraine, warning they breach with European production standards and may contain banned antibiotics.
Modi says India, Japan to 'shape the Asian century'
India and Japan will "shape the Asian Century", Prime Minister Narendra Modi said Friday, on a visit expected to secure billions of dollars in Japanese investment and an upgrade to security ties. We will shape the Asian Century for stability, growth, and prosperity," Modi said.
Vandalism hobbles Nigeria's mobile telephone services
When cell phone and internet networks went down across nine states in Nigeria earlier this summer, leaving millions without service, telecoms officials pointed to an increasingly familiar culprit: vandalism.
AFP
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