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South Africa escalates power cuts to acute levels
South Africa, a country plagued by power shortages, on Tuesday imposed the toughest electricity rationing in two and a half years after labour disputes disrupted production at several plants.
Party's over: Airbnb bans events permanently
Airbnb has made permanent its pandemic-era prohibition of parties at the properties rented out globally through its app, saying Tuesday the rules have been effective against problematic events.
Stocks split on China, US consumer confidence
European and Asian stocks climbed Tuesday and oil prices rallied further as China slashed the quarantine time for visitors, fuelling hopes of recovery for the world's second largest economy.
South Africa's Eskom announces further power cuts
South Africa, a country plagued by power shortages, on Tuesday imposed the the toughest electricity rationing in two and a half years after labour disputes disrupted production at several plants.
Record Ernst & Young fine in US for cheating on ethics exams
US authorities fined Ernst & Young a record $100 million over cheating on accounting ethics exams that the firm initially covered up from regulators, officials announced Tuesday.
Russia demands Ukraine surrender as G7 vows to make Moscow pay
Russia vowed on Tuesday its assault on Ukraine would continue until Kyiv surrenders, as world leaders warned that Moscow would pay for its aggression.
US likely to avoid recession, but rates need to climb: Fed official
The US economy will slow this year as intended and is expected to avoid a downturn, but the Federal Reserve will have to raise borrowing rates quickly, a top central bank official said Tuesday.
Hamilton calls for action after Piquet's racist slur
Lewis Hamilton said the "time has come for action" after being the subject of a racially offensive term used by three-time Formula One world champion Nelson Piquet.
F1 labels Piquet's racist language towards Hamilton 'unacceptable'
Formula One branded a racist term used by three-time world champion Nelson Piquet against Lewis Hamilton as "unacceptable" on Tuesday.
Asian markets' rally fizzles as rates, inflation fears return
Asian markets mostly fell Tuesday as investors struggled to maintain a recent rally while weighing central banks' inflation-fighting rate hikes and the possibility of a recession.
UN meet sees blitz of pledges to protect ailing oceans
A major UN conference on how to restore the faltering health of global oceans kicked off in Lisbon this week with a flurry of promises to expand marine protected areas, ban deep-sea mining, and combat illegal fishing.
At least 16 killed in missile strike on crowded Ukrainian mall
A Russian missile strike on a crowded mall in the central Ukrainian city of Kremenchuk killed at least 16 people, the head of emergency services said early Tuesday, sparking international outrage.
Nike profits dip on lower sales in North America, China
Lower sales in North America and China dented Nike's quarterly results as the sports giant on Monday projected modest revenue growth amid the strong dollar, rising inflation and other headwinds.
Oil prices rebound on mixed day for global stocks
Oil prices bounced and Wall Street stocks declined Monday, reversing the most recent trends as markets eye the end of a bruising second quarter.
GlobalWafers announces plans for massive US plant
Taiwan's GlobalWafers on Monday unveiled plans to establish a massive plant in northern Texas to produce a component vital to making semiconductors with an investment of up to $5 billion.
Blocked Russian payments: what impact for Moscow and creditors?
Russia acknowledged Monday that two interest payments on its debt didn't make it to creditors, an event which could be considered a default, even if Moscow disputes such an interpretation.
Sri Lanka suspends fuel sales as economic crisis worsens
Cash-strapped Sri Lanka announced a two-week halt to all fuel sales except for essential services starting Monday and called for a partial shutdown as its unprecedented economic crisis deepened.
Credit Suisse fined over drugs gang money laundering
Credit Suisse, Switzerland's second-biggest bank, which has been rocked by a series of scandals, was slapped with a $2-million-fine Monday in a money laundering case linked to a Bulgarian cocaine network.
Stock markets extend recovery
Global stock markets mostly advanced on Monday, building upon last week's advances as speculation that inflation may have peaked tempered expectations about central bank interest rate hikes.
UK MPs debate bill to override N.Ireland Brexit pact
British lawmakers were set Monday to take their first vote on a government bill to overhaul post-Brexit trade arrangements in Northern Ireland, despite EU warnings it is illegal and could spark a trade war.
Criminal lawyers in England and Wales stage pay strike
Senior criminal lawyers in England and Wales on Monday went on strike in a dispute over pay, just days after rail workers staged stoppages and other sectors threatened industrial action.
'Greenwashing': a new climate misinformation battleground
Fossil fuel firms are misleading the public about their moves to cut greenhouse gases and curb climate change -- and social media are hosting ads that perpetuate this "greenwashing", researchers say.
Sri Lanka electricity firm seeks 835% price rise
Sri Lanka's heavily loss-making state-run electricity monopoly asked for a shocking price rise of over 800 percent for its poorest customers with the bankrupt nation out of fuel, regulators said Monday.
Zelensky urges G7 to help end Ukraine war by winter
President Volodymyr Zelensky on Monday urged world powers to do their utmost to help end Russia's invasion by the end of the year, as G7 leaders planned new sanctions and vowed to support Ukraine "as long as it takes".
Russia denies defaulting on debts
Russia said Monday that two of its debt payments were prevented from reaching creditors, pushing the country closer to its first foreign default in a century due to sanctions over the Ukraine offensive.
Stock markets extend recovery as rate hike fears subside
Asian and European markets rallied Monday, building on last week's advances and following a strong pre-weekend performance on Wall Street as speculation that inflation may have peaked tempered expectations about central bank interest rate hikes.
Vietnam halts scuba diving off popular island to protect coral
Vietnam has banned swimming and scuba diving at a popular central tourist spot in an attempt to revive its damaged coral reef, officials said Monday.
G7 to pledge fresh support for Ukraine as war rages
Leaders of the G7 were on Monday expected to announce new economic measures to tighten the screws on Moscow, as Ukrainian President Volodymyr Zelensky appealed for more help in fending off Russia's invasion.
Markets extend rally as rate hike fears subside
Asian and European markets rallied again Monday, building on last week's advances and following a strong performance on Wall Street as speculation that inflation may have peaked tempered expectations about central bank interest rate hikes.
Stampede at New York Pride parade after fireworks mistaken for gunfire
A stampede occurred at a Pride parade in the US city of New York on Sunday, with hundreds of people attempting to flee after mistaking the sound of fireworks for gunfire, police said.
Zelensky to press G7 for more help as war rages
President Volodymyr Zelensky will urge world powers to step up their support for Ukraine when he addresses the G7 summit on Monday, as Kyiv reels from the first Russian strikes on the capital in weeks.
Abortion ban: one more obstacle faced by US servicewomen
Abortion bans enacted across America will be especially painful for women in the US military, one more hurdle they have to face in a man's world where sexual assault and unwanted pregnancies occur more often than in the rest of society.
In protest-hit Ecuador, shortages of key goods start to bite
Holding rotten peppers in her hands, Mariana Morales says she has been unable to open her stall at the Santa Clara market north of Ecuador's capital Quito for a week.
Police crack down on Istanbul Pride march, detain over 200
Turkish police on Sunday broke up a banned Pride march in Istanbul, detaining more than 200 demonstrators, organisers said.
Police break up Istanbul Pride march, detain over 200
Turkish police on Sunday broke up a banned Pride march in Istanbul, detaining more than 200 demonstrators and an AFP photographer, journalists and organisers reported.
G7 touts $600 bn global infrastructure plan to rival China
The G7 group of rich democracies on Sunday announced an attempt to compete with China's formidable Belt and Road Initiative by raising some $600 billion for global infrastructure programmes in poor countries.
Russian strikes hit Kyiv as G7 meets
Russian strikes hit a residential building in Kyiv on Sunday in the first attack on the capital in almost three weeks, Ukraine said, calling for increased support from G7 leaders meeting in Germany.
Allies 'won't splinter' on Russia, Biden vows at G7
World powers on Sunday agreed to ban gold exports from Russia, kicking off a G7 meeting aimed at taking new steps to deplete Moscow's war chest and bolster Ukraine's defences.
Norway pays tribute to victims of Oslo shooting
Norway paid tribute on Sunday to the victims of a deadly shooting near a gay bar in the capital that shocked the normally peaceful country and led to the cancellation of a Pride march.