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Stocks jump on easing US inflation
Global stock markets bounced on Wednesday as better-than-expected US inflation data raised hopes that the US Federal Reserve will tone down its aggressive interest rate policy.
Sri Lanka protest camp clears out after crackdown
Protesters in Sri Lanka who brought down the previous government announced they were dismantling their main demonstration site near the president's office on Wednesday in the wake of a crackdown against their leaders.
US inflation eases slightly to 8.5% in July as fuel prices dip
US inflation eased slightly in July, official data showed Wednesday, taking pressure off the Federal Reserve to hike interest rates sharply while bringing a much-needed boost to President Joe Biden just months before crucial midterm elections.
Elon Musk sells nearly $7 billion worth of Tesla shares
Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal.
Deliveroo says losses grow, to exit Netherlands
Deliveroo, the international delivery food app, announced Wednesday a big increase in losses as investment costs ate into rising revenues, adding it planned to exit its struggling Netherlands market.
Raymond Briggs: curmudgeonly creator of 'The Snowman'
British cartoonist and illustrator Raymond Briggs called himself "a miserable old git". Even his publisher said he was "the grumpiest of grumpy old men".
Raymond Briggs, author of UK Christmas classic 'The Snowman', dies aged 88
British cartoonist and illustrator Raymond Briggs, whose creation "The Snowman" became a Christmas staple for generations of children, has died aged 88, his publisher Penguin Random House said Wednesday.
Hong Kong's Cathay Pacific narrows H1 loss, eyes better end to year
Hong Kong carrier Cathay Pacific on Wednesday reported losses had narrowed in the first half after an "extremely difficult start" to the year, but said its capacity will improve in coming months as travel sentiment improves.
Experts see inflation reprieve in America
Is inflation finally slowing down in the United States?
China's landmark #MeToo case returns to court after setback
A landmark sexual harassment case in China was set to return to court Wednesday after an earlier ruling dealt a blow to the country's fledgling #MeToo movement.
Misery and disease conquer Afghanistan a year into Taliban rule
The heaving wards of a ramshackle clinic in southern Afghanistan are just one sign of the catastrophic humanitarian crisis that has gripped the war-ravaged country since the Taliban returned to power a year ago.
Asian markets drop on rate worries ahead of inflation data
Asian equities fell Wednesday, tracking a drop on Wall Street ahead of a crucial US inflation report later in the day, which could have a huge bearing on the Federal Reserve's plans for raising interest rates.
China's consumer inflation pushes higher
China's consumer inflation rose in July to a two-year high, official data showed Wednesday, with a surge in pork prices pushing up the cost of food.
Forever 16: America's teens succumbing to deadly fentanyl
Makayla Cox, a high school student in the US state of Virginia, thought she was taking medication that her friend had procured to treat pain and anxiety.
Full steam ahead: Swiss mark 175 years since first rail service
Switzerland -- famous for its punctual railways -- celebrated the 175th anniversary of passenger train services in the country on Tuesday with a re-creation of the first journey featuring a steam locomotive.
US stocks sink with all eyes on consumer price data
With all eyes on back-to-back inflation data coming this week, Wall Street stocks tumbled again on Tuesday as earnings warnings tanked tech shares.
Two miners rescued in Dominican Republic after 10 days underground
Two miners were rescued in the Dominican Republic Tuesday, seemingly unharmed, after 10 days trapped underground and a massive operation, with support from Canada, to free them.
Falling water levels boost Mexican mine rescue mission
Falling water levels have raised hopes that rescuers will be able to enter a flooded Mexican mine, possibly on Wednesday, to look for 10 trapped workers, the government said.
Stock markets lower on eve of US inflation data
Stock markets were lower and the dollar fell on Tuesday as investors nervously awaited the release of key US inflation data later this week, traders said.
Kenyans vote in close-fought election race
Kenyans voted largely peacefully on Tuesday as two political heavyweights battled it out in a high-stakes race for the presidency of the East African powerhouse.
Turkey sends drill ship on first Med mission in two years
Turkey on Tuesday sent its newest drill ship on the first eastern Mediterranean energy exploration mission in nearly two years.
France bans Russians from chateau over Ukraine war
The French military has banned Russian nationals from visiting the Chateau de Vincennes, a mediaeval fortress and tourist attraction on the edge of Paris, due to Russia's invasion of Ukraine, officials told AFP.
Markets mostly up as focus turns to inflation data
Most markets rose Tuesday but investors moved cautiously ahead of US inflation data later in the week, after a jobs report suggested the Federal Reserve would likely need to continue its sharp interest rate hikes to tame runaway prices.
Asian markets mostly up as focus turns to inflation data
Asian equities mostly rose Tuesday but investors moved cautiously ahead of US inflation data later in the week, after a jobs report suggested the Federal Reserve would likely need to continue its sharp interest rate hikes to tame runaway prices.
A year on, Afghan feminists in exile mourn lost ambitions
When she touched down in Paris on a flight from Kabul in the summer of 2021, Farzana Farazo vowed never to give up her feminist struggle for Afghanistan, even from exile.
Asian markets mixed as focus turns to inflation data
Asian equities were mixed Tuesday as investors await US inflation data later in the week, after a jobs report suggested the Federal Reserve would likely need to continue its sharp interest rate hikes to tame runaway prices.
Inside Afghanistan's secret schools, where girls defy the Taliban
Nafeesa has discovered a great place to hide her schoolbooks from the prying eyes of her disapproving Taliban brother -- the kitchen, where Afghan men rarely venture.
Russia to launch Iranian satellite amid Ukraine war concerns
Russia is scheduled to launch an Iranian satellite into orbit on Tuesday, but Tehran brushed off fears that Moscow might use it in the war against Ukraine.
Beyonce tops US songs chart for first time in over a decade
After releasing her much-anticipated album "Renaissance," Beyonce has scored the number one spot on the top US songs chart for the first time in well over a decade.
Mexico to use underwater drone in search for trapped miners
Rescuers will deploy an underwater drone as part of efforts to save 10 workers trapped for five days in a flooded coal mine in northern Mexico, authorities said Monday.
Zaporizhzhia: Nuclear power plant caught in Ukraine war
The Russian-held Zaporizhzhia power plant in Ukraine, which is at the centre of international concern amid mutual accusations of shelling by Moscow and Kyiv, is Europe's biggest nuclear plant.
US news site Axios agrees to $525 mn buyout
US news website Axios, which has shot to prominence since its 2016 founding, has agreed to a $525 million deal to sell itself to US telecom group Cox Enterprises, the firms said Monday.
Germany's Schroeder to remain in ruling party despite Putin ties
Former German chancellor Gerhard Schroeder on Monday escaped being humiliatingly booted out of his party, as the ruling Social Democrats (SPD) found his ties with Vladimir Putin did not breach its rules.
Third fuel tank collapses as helicopters battle Cuban blaze
Cuban army helicopters scrambled to contain a blaze that felled a third tank at a fuel depot on Monday after burning for days, as the search continued for 16 missing firefighters.
Flood of donations for hungry Brazil boy who called police
A week ago, the cupboards of the Barros family's humble concrete shack were empty.
Pfizer to acquire sickle cell drugmaker GBT for $5 bn
American drugmaker Pfizer announced a deal on Monday to acquire Global Blood Therapeutics, makers of a recently approved treatment for sickle cell disease, for $5.4 billion.
Stocks rise, dollar eases as investors focus on US inflation
Stock markets rose and the dollar retreated Monday as investors turned their attention to US inflation data later this week and weigh the prospect of further monetary policy tightening.
Stocks rise, oil falls tracking recession risks
Stock markets largely rose and oil prices retreated Monday as investors mulled the prospect of recession in the United States and elsewhere and central banks seek to tame soaring inflation with aggressive interest rate hikes.
Gaza crossing opens as truce holds between Israel, Islamic Jihad
Fuel trucks entered Gaza as an Egypt-brokered truce between Israel and Islamic Jihad militants held Monday, raising hopes that the intense conflict that left dozens of Palestinians dead has ended.