Bombay Durpun - Economy

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Volt Funded Launches Globally with Evaluation Program Offering Up to 90% Profit Share

A new kind of prop firm where traders prove their skills risk-free, with no personal funds on the line, and earn up to 90% of the profits when they pass.

PU Prime Expands Gold Trading with the Launch of XAUUSD247

PU Prime has launched XAUUSD247, a new offering that enables clients to trade gold 24 hours a day, seven days a week on MT5. Gold remains one of the world’s most actively traded safe-haven assets, with prices responding rapidly to geopolitical events, central bank policies, inflation expectations, and shifts in investor sentiment.

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Trump threatens to scrap Xi talks and hit China with 'massive' tariffs

US President Donald Trump threatened on Friday to cancel an upcoming summit with Xi Jinping and hit China with "massive" tariffs after Beijing imposed export curbs on rare earth minerals.

French politicians dispirited as Macron set to name new PM

French left-wing political leaders left a meeting with President Emmanuel Macron disappointed Friday, just hours before he was set to appoint a premier to pull the country out of crisis.

Stocks shudder after Trump threatens new tariff war with China

Stock markets fell Friday after US President Donald Trump threatened China with tariffs, while oil prices retreated as Middle East tensions eased following the Gaza ceasefire.

Trump says no reason to meet Xi, threatens 'massive' China tariffs

US President Donald Trump said Friday he no longer feels a summit is necessary with Chinese counterpart Xi Jinping this month, slamming Beijing for hostile trade practices and threatening "massive" tariffs.

Russian attack batters Ukraine energy grid, kills 7-year-old

Russian drones and missiles pummelled Ukraine's struggling energy infrastructure early Friday, cutting power to thousands across the country and killing a seven-year-old boy, authorities said.

Stock markets fluctuate as investors weigh AI, politics

Wall Street rebounded, European stock markets steadied and oil prices fell Friday as investors weighed the US government shutdown, fears of an AI bubble and the Gaza ceasefire.

France's Macron to name PM to end political gridlock

French President Emmanuel Macron was on Friday due to pick a head of government to lift the country out of political crisis, with allies irritated he could rename the same prime minister who quit earlier this week.

'Like human trafficking': how the US deported five men to Eswatini

Roberto Mosquera's family had no trace of him for a month after he was arrested by US immigration agents, until a government social media post revealed he had been deported to Africa’s last absolute monarchy.

Austria finds Microsoft 'illegally' tracked students: privacy campaign group

Austria's data protection authority has determined that Microsoft "illegally" tracked students using its education software and must grant them access to their data, a privacy campaign group said Friday.

Stock markets limp into weekend as AI bubble fears grow

Stock markets struggled Friday following a mixed week dominated by the Gaza ceasefire, US government shutdown and fears that the artificial intelligence sector is overvalued.

UK opens door to tougher regulation of Google search

Britain's competition watchdog on Friday paved the way for tougher regulation to tackle Google's dominance in online search, under new targeted measures focused on technology giants.

Last fluent speaker on a quest to keep ancient S.African language alive

In her humble home on the red soil of the Green Kalahari, 92-year-old Katrina Esau listened intently as her two great-grandchildren practised the ancient N|uu language of South Africa's indigenous San people.

Asian markets limp into weekend as AI bubble fears grow

Asian equities staggered into the weekend Friday following a mixed week that saw a Middle East ceasefire and huge new AI investments play off against the US shutdown and concerns about a tech bubble.

Morocco youth ask for king's ear at fresh protests

Young Moroccan protesters took to the streets again to demand reforms and a change of government on Thursday, the eve of a keenly anticipated annual speech by King Mohammed VI.

Death of 'sweet king': AI chatbots linked to teen tragedy

A chatbot from one of Silicon Valley's hottest AI startups called a 14-year-old "sweet king" and pleaded with him to "come home" in passionate exchanges that would be the teen's last communications before he took his own life.

Judge halts Trump's Chicago troop deployment as Portland decision looms

A federal judge on Thursday ordered a temporary halt to President Donald Trump's deployment of hundreds of National Guard troops in the Chicago area as part of his sweeping crime and immigration crackdown.

US finalizes $20 bn economic lifeline for Argentina, buys pesos

US Treasury Secretary Scott Bessent said Thursday that Washington had bought Argentine pesos and finalized a $20 billion economic support program to help prop up the South American nation's faltering finances.

Troops deploy in Chicago as US courts hears challenges

Five hundred US troops deployed in the Chicago area on Thursday as courts heard challenges to the use of the National Guard as part of President Donald Trump's sweeping crime and immigration crackdown.

Police clash with protesters as thousands rally in Madagascar

Several thousand anti-government demonstrators marched on Thursday through Madagascar's capital, several of them injured when police cracked down on the latest youth-led protest of the past two weeks.

Serbia faces 'extremely serious' impacts as sanctions hit oil firm

Serbia's president warned that US sanctions on the Russian-controlled operator of the Balkan nation's only oil refinery that took effect on Thursday put it in an "extremely serious" position.

At German auto crisis meet, Merz vows to fight EU gas guzzler ban

Chancellor Friedrich Merz vowed Thursday to do everything in his power to fight EU plans to ban combustion-engine car sales from 2035 after crisis talks with the struggling German car industry.

French court ups jail term for man in Pelicot rape case appeal

A French appeals court Thursday handed a man a 10-year prison term for raping Gisele Pelicot, increasing his original nine-year sentence.

Nepal's youth vow to keep up pressure, one month after unrest

Nepalis lit candles outside the fire-damaged parliament on Thursday, marking one month since anti-corruption protests toppled the government, with fresh vows to keep up pressure ahead of elections.

Silver price hits decades high as gold rush eases

The price of silver hit a three-decade high on Thursday as investors kept flocking to safe havens amid geopolitical and economic uncertainty, but gold eased off a record run.

Ferrari goes electric with four-seat coupe but shares get shocked

Ferrari will begin its cautious shift to electric vehicles in 2026 with its first battery-powered four-seat coupe, but shares plummeted Thursday over a long-term profit outlook that fell short.

500 US troops deploy in Chicago ahead of court hearing

Five hundred US troops deployed in the Chicago area on Thursday as part of President Donald Trump's hardline immigration crackdown, despite strenuous objections of local leaders seeking a judge's order to block the mobilization.

Danish wind giant Orsted to cut workforce by a quarter

Danish offshore wind energy giant Orsted announced Thursday plans to cut 2,000 jobs, or a quarter of its workforce, by 2027 as its business struggles in the United States.

Pope hails role of news agencies in 'post-truth', AI world

Pope Leo XIV Thursday hailed the work of news agencies as a bulwark in an increasingly "post-truth" world, and warned of the dangers of relying on artificial intelligence for information.

Shein's Paris store kicks up a storm in France

Asian e-commerce giant Shein's decision to set up shop in a historic Parisian department store has ruffled feathers in the fashion capital.

Markets diverge tracking AI concerns, Gaza deal

European and Asian stock markets traded mixed Thursday as investors assessed the outlook for the global AI-fuelled rally, Federal Reserve interest rates and the US government shutdown.

Pope Leo puts poor, marginalised centre stage in first major text

Pope Leo XIV called Thursday for the poor and marginalised, including migrants, to be at the centre of the Catholic Church's mission, in the first major publication of his papacy.

Ferrari goes electric with four-seat coupe 'Elettrica'

Ferrari's first electric sports car, to be released next year, will be a four-seat coupe with over 1,000 horsepower and a range of 530 kilometres (329 miles), the company announced Thursday.

Bombay Durpun - Economy (English)