AFP news

Rome's Trevi Fountain Reopens To Limited Crowds

Imposing the limit, which might later be modified, will "allow everyone to better enjoy the fountain, without crowds or confusion", Roberto Gualtieri told journalists in front of the famous landmark.

New Nike CEO Vows Turnaround After Earnings Drop

The athletics company, which has struggled in recent quarters with weakness in China and product oversupply that has depressed prices, reported quarterly profits of $1.2 billion, down 26 percent from the year-ago period.

US Fed's Caution On Rate Cuts Could Cause Friction With Trump

Fed chair Jerome Powell acknowledged on Wednesday that Trump's economic platform, which includes the threat of major tariff hikes, the extension of tax cuts, and mass deportation, had been a consideration when members of the rate-setting committee met to consider the number of interest rate cuts they expect next year.

Markets Struggle As Traders Digest Fed's Hawkish Pivot

Data showing Japanese inflation rose more than expected last month did little to help the yen, which took a hefty hit from the US central bank's more hawkish tilt and the Bank of Japan's refusal to tighten monetary policy.

US Diplomats Visit Syria To Meet New Rulers

It is the first formal US diplomatic mission to Damascus since the early days of the brutal civil war that broke out in 2011 and culminated in a surprise lightning offensive that toppled longtime ruler Bashar al-Assad this month.

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