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Asian markets rise on rate hopes but China Covid casts shadow
Asian markets rose Wednesday but traders flitted between hopes for a halt in sharp US interest rate hikes and concern that a surge in China's Covid cases will see officials impose more painful lockdowns.
Foreign university students sold 'dreams' in north Cyprus
Foreign students are big business in northern Cyprus, a tiny, breakaway statelet only recognised by Turkey, but some warn university recruiters are selling "dreams" in the internationally and economically isolated territory.
'But you're a woman': Iraqi furniture-maker carves up stereotypes
With hammer and saw, Nour al-Janabi is building her latest creation, a candy-pink sofa, in the carpentry workshop she runs in male-dominated and conservative Iraq.
Medical community frets over fate of Twitter
For days, doctors, scientists and public health experts have been telling their Twitter followers where to find them on other platforms if Elon Musk's newly-acquired company tanks.
'Dangerous rhetoric' stoking nuclear tensions: UN chief
United Nations chief Antonio Guterres warned on Tuesday against "dangerous rhetoric" stoking tensions among nuclear-armed rivals.
French regulator approves state bid to renationalise power giant
France's financial markets regulator on Tuesday approved the state's plan to fully control heavily indebted national power utility EDF that is to spearhead efforts to relaunch the French nuclear industry.
'Hardcore' Musk drives into a culture clash at Twitter
After snapping up Twitter, one of Silicon Valley's most iconic companies, Elon Musk swiftly introduced his no-holds-barred work ethic, setting up a bitter culture clash with thousands of workers who still believed in the platform's higher mission.
UK public finances worsen, as OECD warns on outlook
UK state borrowing jumped last month, official data showed Tuesday, as the government cushions consumers from soaring energy bills which the OECD said could further push up inflation.
UK probes Apple, Google over cloud gaming, browsers
Britain launched Tuesday an in-depth competition probe into the domination of US tech giants Apple and Google of cloud gaming and mobile internet browsers.
Germany examining legal action against FIFA armband stance
Germany's football association (DFB) said Tuesday it was examining if FIFA's threat to impose disciplinary action against players who wear the "OneLove" armband at the World Cup tournament is legal.
Battling inflation 'priority' as global growth slows: OECD
World economic growth is slowing due to decades-high inflation, the OECD said Tuesday, calling for "essential" further monetary policy tightening and "more targeted" government support.
European, US stocks up despite China Covid fears
European and US stocks rose and oil prices recovered from heavy losses on Tuesday despite fresh concern that China's latest Covid-19 outbreaks could herald a global recession.
European stocks dented by China Covid fears
European equities attempted to rebound Tuesday but were dented by concern over China's latest Covid-19 outbreaks.
Baidu revenue up 2% amid cost-cutting drive
Chinese internet giant Baidu reported on Tuesday third-quarter revenues of 32.5 billion yuan ($4.6 billion), representing a year-on-year increase of 2 percent.
Italy's draft budget centres on energy aid
Italy's new far-right government unveiled its 2023 draft budget on Tuesday, with most of the nearly 35 billion euros in spending going on the energy crisis rather than flashy electoral promises.
Asian markets mixed as China Covid worries grow
Growing fears about China's latest Covid-19 outbreak on Tuesday rattled investors, who fear authorities will revert to highly restrictive containment measures that have already dealt a chilling blow to the world's number two economy this year.
Asian markets mixed as China Covid worries build
Growing fears about China's latest Covid-19 outbreaks Tuesday rattled investors, who fear authorities will revert to highly restrictive containment measures that have already dealt a chilling blow to the world's number two economy this year.
Inflation swells Spain's 'hunger queues'
With a secure job as a bricklayer, Hugo Ramirez never thought he would need the help of charity to feed his family.
Cuban singer Pablo Milanes dies in Madrid at 79: agent
Acclaimed Cuban singer-songwriter and guitarist Pablo Milanes died early Tuesday in Spain, where he had been hospitalized in recent days, his agent said. He was 79.
Asian markets struggle as China Covid worries build
Growing fears about China's latest Covid-19 outbreaks Tuesday rattled investors, who fear authorities will revert to highly restrictive containment measures that have already dealt a chilling blow to the world's number two economy this year.
Health or jobs: Peruvian mining town at a crossroads
The Peruvian mining city of La Oroya, one of the most polluted places in the world, is seeking to reopen a heavy metal smelter that poisoned residents for almost a century.
Global stocks mostly tumble on fears of fresh China Covid curbs
Global stocks mostly fell Monday as renewed concerns about harsh coronavirus curbs in China rattled investor sentiment, while oil prices gyrated as Saudi Arabia denied a report that exporters were weighing a production increase.
Paramount says ending Simon&Schuster/Penguin deal after US antitrust ruling
Paramount Global on Monday officially dropped a plan to sell its Simon & Schuster division to rival publisher Penguin Random House after a US judge blocked the $2.2 billion deal on antitrust grounds.
Disney seeks old magic in return of ex-CEO
In a dramatic twist worthy of a "Star Wars" spin-off, Disney ditched CEO Bob Chapek and brought back Bob Iger, Hollywood's most respected executive, who faces a huge challenge to revive the Magic Kingdom.
Recession-hit UK needs more migrant labour: business group
Britain needs more migrant labour to boost productivity as it faces a toxic mix of soaring inflation and shrinking growth, the country's main business lobby group warned Monday.
LGBTQ nightclub attack a suspected hate crime: Colorado mayor
The mayor of Colorado Springs said Monday that an attack by a lone gunman on an LGBTQ nightclub in the western US city that left five people dead and up to 30 injured had "the trappings of a hate crime."
Fears of fresh China Covid curbs rattle stocks, oil prices
Oil prices plunged to lows unseen since January and global stocks mostly fell on Monday as renewed concerns about harsh coronavirus curbs in China rattled investor sentiment.
Markets rattled by fears of fresh Covid curbs in China
Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China amid warnings that markets would remain lacklustre for some time.
Recession-hit UK needs more migrant labour: business lobby
Britain needs more migrant labour to boost productivity as it faces a toxic mix of soaring inflation and shrinking growth, the country's main business lobby group warned Monday.
Lufthansa launches hiring drive as recovery gathers pace
Lufthansa on Monday launched a drive to hire 20,000 employees, as the German airline giant recovers strongly from the coronavirus pandemic and seeks to tackle staffing shortages.
Markets mainly drop on fresh China Covid fears
Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China.
Iran seeks to quell protests with death sentences, activists warn
Iran, already one of the world's most prolific users of the death penalty, is planning to use capital punishment as a means to quell the protest movement by spreading a climate of fear in the population, activists warn.