The Albany Gazette - Economy (English)

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Featured

Economic losses from natural disasters down by a third in 2025: Swiss Re

Global economic losses from natural disasters are projected to have dropped by 33 percent to $220 billion in 2025, despite the damage wrought by the Los Angeles wildfires, reinsurer Swiss Re said Tuesday.

Kenyan girls still afflicted by genital mutilation years after ban

Maasai women erupted with mocking heckles as a community elder, wrapped in a traditional red blanket, claimed that female genital mutilation had all but stopped in their community in southern Kenya.

Last news

Deadline looms to avert Air Canada strike

Air Canada faced a midnight deadline Friday to avert a flight attendants strike that would shut down service, creating summer travel chaos for the carrier's 130,000 daily passengers.

Stocks waver as US-Russia summit looms

Stock markets wavered on Friday as investors digested mixed US economic data and awaited a landmark US-Russia summit aimed at ending the war in Ukraine.

Italian authorities try to identify Lampedusa capsize victims

Italian authorities on Friday sought to identify the bodies of 27 people who died when two crowded boats sank off the Mediterranean island of Lampedusa.

'Like hell': Indoor heat overwhelms Saudi Arabia's cooks, bakers

Baker Eid Ahmed just can't get away from Saudi Arabia's notorious heat: he makes bread next to a sweltering oven for 13 hours a day, only to step outside into summer temperatures that can soar past 45C.

Stocks mostly higher before US-Russia summit

Stocks were mostly up Friday after better-than-expected Japanese growth, although weak Chinese data hit the Hang Seng and oil slipped back ahead of a US-Russia summit on Ukraine.

Indonesia's president touts economy, social welfare drive

Indonesian President Prabowo Subianto emphasised an expectation-defying economy, low unemployment rate and slew of ambitious social welfare initiatives as he delivered his first state address to parliament on Friday.

Stressed UK teens seek influencers' help for exams success

Posing as a fortune teller on his YouTube channel, former teacher Waqar Malik tells thousands of followers that he can predict this year's exam questions.

Five things to know about Nigeria's oil sector

Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected to disrupt the oil sector in the continent's largest crude producer.

Asia stocks mixed before US-Russia summit

Asian stocks were mixed Friday after better-than-expected Japanese growth and weak Chinese data, while oil slipped back ahead of a US-Russia summit on Ukraine.

Online cockfighting thrives in Philippines despite ban and murders

Divers have spent more than a month searching a lake south of Manila for the bodies of men with links to the Philippines' bloody national obsession: cockfighting.

Trump's tariffs drown Brazil's fish industry

When the water pump is switched on, hundreds of tilapia come to the surface of a pond at a Brazilian fish farm. Their final destination is now uncertain because of US President Donald Trump's stiff tariffs.

Japan posts modest growth despite US tariffs

Japan eked out modest growth in the second quarter despite painful US tariffs, official data showed Friday, in welcome news to embattled Prime Minister Shigeru Ishiba.

JTC Team Companies to Present in Webull Corporate Connect Webinar Series: Biotech/MedTech on August 19-21, 2025

Safe & Green Holdings Corp. Provides Second Quarter 2025 Shareholder Letter Update and Recent Developments

MIAMI, FL / ACCESS Newswire / August 15, 2025 / (NASDAQ:SGBX) ("Safe & Green" or the "Company"), a leading developer of sustainable solutions and modular infrastructure, today announced it filed its Form 10-Q with the U.S. Securities and Exchange Commission for the second quarter of 2025 and provided the following letter to shareholders from CEO, Mike Mclaren.

The UN Plastics Treaty Talks: Ambition Meets a Stalemate; SMX Can Provide A Remedy (NASDAQ: SMX)

NEW YORK, NY / ACCESS Newswire / August 15, 2025 / The recent conclusion of the UN plastics treaty talks revealed both the promise and the challenge of global environmental diplomacy. For nearly two weeks, environmental leaders, scientific experts, advocacy groups, and industry representatives from over 100 countries came together with a shared vision: protect oceans, rivers, and landscapes while making the most of the resources we have.

IRS Cracks Down on Inaccurate Charitable Deductions - Clear Start Tax Shares How to Donate Without Risk

Tax professionals warn that improper donation reporting is triggering audits and penalties for well-meaning taxpayers.

Trusted by Homeowners, Built for Alberta: GreenFox Windows & Doors Wins 2025 Consumer Choice Award

EDMONTON, AB / ACCESS Newswire / August 15, 2025 / GreenFox Windows & Doors, a trusted name in energy-efficient home upgrades, has won the 2025 Consumer Choice Award for top service in Northern Alberta's window and door industry. This honour highlights GreenFox's ongoing dedication to combining quality craftsmanship, energy efficiency, and exceptional customer care for homeowners in Edmonton, Calgary, and surrounding areas.

Smart Barrie Movers Wins 2025 Consumer Choice Award for Moving Companies

BARRIE, ON / ACCESS Newswire / August 15, 2025 / Smart Barrie Movers, a trusted provider of local and long-distance moving services, has been awarded the 2025 Consumer Choice Award in the Moving Companies category for the Barrie region. Known for its customer-first approach, the company specializes in residential, commercial, and specialty moves, including pianos and pool tables, while ensuring each move is reliable, affordable, and stress-free.

EON Resources Inc. - 2nd Quarter 2025 Earnings Call on Tuesday, August 19, 2025

Management Will Be Discussing Its Financial Results, Accomplishments and Plans for the Remainder of 2025, and Update on the Funding for the Seller Agreement and Debt Payoff

M & M Heating and Cooling LLC Recognized with 2025 Consumer Choice Award for Air Conditioning and Heating Services in Toledo

TOLEDO, OH / ACCESS Newswire / August 15, 2025 / M & M Heating and Cooling LLC, a family-owned and operated HVAC company serving the Greater Toledo area since 1980, has been awarded the 2025 Consumer Choice Award in the Air Conditioning and Heating Contractor category. Known for their customer-first approach, skilled technicians, and commitment to delivering exceptional service at reasonable prices, M & M Heating and Cooling has become a trusted partner for residential, commercial, and new construction HVAC needs across Northwest Ohio.

Global plastic pollution treaty talks extended in 'haze' of confusion

Talks on striking a global treaty on combating plastic pollution were extended an extra day into Friday but with no clear endgame in sight.

Trump's tariffs have not reduced Panama Canal traffic -- yet

Tariffs imposed by US President Donald Trump on dozens of countries have so far not affected container ship traffic through the Panama Canal, its administrator said Thursday.

YouTube turns to AI to spot children posing as adults

YouTube has started using artificial intelligence (AI) to figure out when users are children pretending to be adults on the popular video-sharing platform amid pressure to protect minors from sensitive content.

Oil prices rise ahead of US-Russia summit as stocks digest inflation data

Wall Street stocks finished little changed Thursday as markets absorbed a disappointing inflation report, while oil prices shot higher on the eve of a US-Russia summit on Ukraine.

Apple Watch gets revamped blood oxygen feature

Apple on Thursday said some of its top smartwatch models are getting a redesigned blood oxygen sensing feature, sidelined for several years by a patent dispute.

Global plastic pollution treaty talks in a 'haze'

Countries scrambled Thursday to secure a global agreement on tackling plastic pollution as 10-day talks headed towards overtime, with one diplomat saying negotiators were in a "haze" on how to find common ground.

Apple rejects Musk claim of App Store bias

Apple on Thursday rejected Elon Musk's claim that its digital App Store favors OpenAI's ChatGPT over his company's Grok and other rival AI assistants.

Air Canada cancels flights over strike threat

Air Canada began cancelling flights on Thursday after receiving a strike notice from the flight attendants' union, warning all operations could be shut down by Saturday.

UN warns Russia, Israel of conflict sex crimes listing risk

The United Nations warned Israel and Russia on Thursday that their militaries faced being listed as parties suspected of committing sexual violence in conflict in light of credible evidence of violations.

US stocks drop as producer inflation surges

Wall Street shares fell Thursday as data showed US producer price inflation surged far more than expected in July, denting optimism that the Federal Reserve would soon start cutting interest rates.

Stocks diverge as bitcoin hits record high

European and Asian stock markets diverged Thursday and bitcoin hit a record high on the eve of landmark talks between US President Donald Trump and Russian counterpart Vladimir Putin on potentially ending the Ukraine war.

Japan's grand tea master Sen Genshitsu dies at 102: reports

Sen Genshitsu, a would-be kamikaze pilot who became a Japanese tea ceremony master preparing cups of matcha for world leaders and monarchs, died aged 102 on Thursday, reports said.