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A magnitude 7.3 earthquake struck near Mexico’s southern Pacific coast on Friday, shaking a wide area across the region. The U.S. Geological Survey placed the epicenter 48 kilometers southwest of Aquiles Serdán in Chiapas. The quake began at 8:48 a.m.
Luiz Inacio Lula da Silva has been re-elected president of Brazil after defeating Senator Flavio Bolsonaro in Sunday’s runoff, the Superior Electoral Court announced on October 25. Lula won 51.76% of the vote with nearly all polling stations counted, while
Jaguar unveiled the production Type 01 in New York on October 6, marking a major product launch for the British luxury brand. The four-door electric grand tourer is the first production Jaguar based on the dedicated Jaguar Electric Architecture. It
Guatemala activated its highest emergency alert in three departments after Fuego volcano intensified, sending ash and hot volcanic material down its slopes. Red alerts covered Chimaltenango, Sacatepéquez and Escuintla, while an orange alert remained active nationwide. Officials reported ashfall across
The World Meteorological Organization (WMO) has warned that El Niño conditions are developing in the tropical Pacific, increasing the likelihood of higher global temperatures and disrupted rainfall patterns in the months ahead. The agency said unusually warm ocean waters are
Business
Argentina’s inflation slowed in May to its weakest monthly pace in eight months, giving households, businesses and policymakers a new reading on price pressures in one of Latin America’s most closely watched economies. Consumer prices rose 2.1 percent from April,
QUITO: Ecuador said on Thursday it will raise tariffs on imports from Colombia to 100% from 50%, deepening a trade dispute between the Andean neighbors and adding to a diplomatic rift that has widened in recent days. The higher tariff
EuroWire, BRUSSELS: The European Commission said it will proceed with the provisional application of the EU-Mercosur trade deal after Argentina and Uruguay completed ratification, allowing key trade provisions to begin before the European Parliament gives final consent. Commission President Ursula
EuroWire, BRUSSELS: The European Commission on Feb. 22 called on the United States to provide “full clarity” on its next steps after a U.S. Supreme Court ruling that said the International Emergency Economic Powers Act does not authorize the U.S.
EuroWire, NEW YORK: United Nations Secretary-General António Guterres cited the newly concluded European Union trade agreement with India as he underscored the need to support a multipolar global order grounded in multilateral cooperation, according to remarks delivered at his annual
EuroWire, NEW DELHI: European companies in India are accelerating expansion plans following the conclusion of the India European Union Free Trade Agreement, with a new business survey showing broad expectations of higher investment, larger local footprints and increased hiring tied
EuroWire, VIENNA: The OPEC Fund for International Development has signed a €15 million loan with Raiffeisen Bank Kosovo to expand access to credit for small and medium sized enterprises, including women owned businesses, in a move the development lender described
EuroWire, NEW YORK: The U.S. dollar weakened broadly in late January trading as the Japanese yen climbed sharply, with investors focused on signs that officials in Tokyo and Washington were monitoring rapid currency moves. The yen’s surge helped pull the
Automotive
Technology
Entertainment
EuroWire, LOS ANGELES: Ben Affleck has come under sustained scrutiny following recent public remarks in which he downplayed the creative capabilities and economic impact of artificial intelligence on the film and television industry. While Affleck characterized AI as a limited,
Lifestyle
Fresha, a leading global booking platform for lifestyle services, announced today that it has secured a $31 million investment from JP Morgan to enhance its machine learning and AI-driven robotics capabilities. This financial backing will enable Fresha to innovate further
Luxury
MENA Newswire News Desk: The personal luxury goods market, long seen as resilient against economic uncertainty, is witnessing a significant contraction for the first time since the Great Recession. According to Bain & Company’s annual luxury report, global sales are
