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Stocks buckle as Ukraine fears linger
Stock markets retreated on Friday at the end of a highly volatile week rocked by twists and turns in the Ukraine crisis and concerns about interest rate hikes.
11 missing after Greece ferry fire
Eleven people were missing and two remained trapped after an Italian-flagged ferry caught fire overnight on the Ionian Sea, Greek officials said as emergency crews raced against the clock to put out the blaze and locate survivors before dark.
European stocks steady, oil extends losses
European stock markets steadied on Friday, the end of a highly volatile week for equities as traders focus on the Ukraine crisis and inflation pressures.
Boy trapped for three days in Afghan well dies after rescue
A five-year-old boy trapped for three days down a remote Afghan village well died minutes after being pulled out on Friday, following a rescue effort the country's new Taliban rulers said showed they would spare nothing for their citizens.
Six African nations to get own mRNA jab production
Six African countries have been chosen to establish their own mRNA vaccine production, the World Health Organization said Friday, with the continent largely shut out of access to Covid jabs.
Chinese food delivery giant slumps on new fee-cut measures
Shares of Chinese food delivery giant Meituan slumped Friday as Beijing released new guidelines instructing internet platforms to lower fees for struggling eateries.
Six African countries to get own mRNA jab production
Six African countries have been chosen to establish their own mRNA vaccine production, the World Health Organization said Friday, with the continent largely shut out of access to Covid jabs.
Asian markets mixed as Ukraine fears return, oil extends losses
Asian markets were mixed Friday following a steep drop on Wall Street fuelled by renewed fears that Russia will soon invade Ukraine, adding to long-running angst about the Federal Reserve's plans to hike interest rates.
Why crypto creators want to stay anonymous
The two lifelong friends from Florida never sought the limelight, but then they built a multi-million-dollar empire selling digital art and people wanted to know who they were.
Rescuers near boy trapped in Afghan well, but rock blocks progress
Rescuers worked through the night to try to reach a five-year-old boy trapped for three days in an Afghan well, but an official said Friday a large rock was blocking their final access to the shaft.
Sustainable designs to take centre stage at London fashion
Emerging and sustainable designers will get a chance to shine at London Fashion Week from Friday with major brands such as Burberry, Victoria Beckham and Vivienne Westwood either absent or sticking to digital formats for the five-day catwalk extravaganza.
First US drug injection center aims to lead way on overdoses
"This site saves lives," reads an inscription on the wall of America's first drug injection center in New York, which aims to serve as a model in a country blighted by record overdoses.
LGBT identification hits US high of 7.1% as Gen Z comes of age
The proportion of US adults identifying as LGBT has increased to a high of 7.1 percent, double the figure from 2012 when Gallup first started measuring it, reflecting a generational shift, the polling firm said Thursday.
'Coca' pits indigenous Colombians against soft drink giant
Indigenous Colombians are going head to head with the world's biggest soft drink company over the commercial use of the word "coca" -- the name of an indigenous South American plant.
Billionaire Icahn blasts McDonald's on animal welfare
Asserting that McDonald's had not lived up to prior commitments on animal welfare, billionaire investor Carl Icahn said he planned to offer alternative candidates for the company's board of directors.
Stocks slide as traders track Ukraine crisis
Stock markets moved lower Thursday as investors assessed the latest twists in the Ukraine crisis, while oil prices retreated on further signs of a breakthrough in Iran nuclear talks, analysts said.
Witnesses reel after Ukraine kindergarten shelling
Kindergarten worker Natalia Slesareva's ears were ringing after she was thrown against a door by a shell blast during an attack that has sent tensions soaring, amid fears that Russia will invade Ukraine.
Nestle cautious on 2022 targets, given rising costs
Swiss food giant Nestle was cautious Thursday about its 2022 targets in the face of rising costs, despite robust results thanks to its shift towards the booming vegetarian market.
Top US air safety regulator to step down in March
Steve Dickson, the top US air safety regulator, whose tenure overlapped a period of extreme upheaval in aviation, will step down next month, citing family reasons, authorities said Thursday.
Walmart reports solid Q4 profits on strong US consumer
Walmart reported better-than-expected quarterly profits Thursday as strong consumer demand during the festive season offset the hit from higher costs.
Air France-KLM slashes losses by half in 2021
French-Dutch aviation giant Air France-KLM on Thursday said its net loss narrowed by more than half last year but would need more capital strengthening measures due to the pandemic.
G20 warned of Ukraine threat to global recovery
The crisis in Ukraine is a serious threat to the global economy's post-pandemic recovery, Indonesia's leader on Thursday warned a meeting of finance chiefs from the G20 nations.
Mozambique's ex-president Guebuza to testify in debt scandal
Ex-president Armando Guebuza was on Thursday expected to testify in Mozambique's biggest corruption scandal, an affair concerning secret loans contracted under his tenure that triggered an economic crisis.
'No basis': Beijing dismisses US's WTO criticism
Beijing on Thursday dismissed the United States' assessment of China's World Trade Organization membership, saying its criticism had "no basis in international economic and trade rules".
Asian markets dip as traders eye Ukraine, Fed eases rate fears
Asian markets mostly dipped Thursday as investors assess the situation in Ukraine after the West said Russia had not started withdrawing troops from its border, while minutes from the Federal Reserve's January meeting eased concerns it was set to hike rates sharply.
Airbus posts record profit, eyes more deliveries in 2022
European aircraft giant Airbus posted record profits in 2021 after two years of losses as it cruises past the pandemic-induced crisis in the travel industry, company results showed Thursday.
G20 finance leaders' meeting begins with Ukraine warning
Finance ministers and central bank governors of G20 nations began a two-day meeting Thursday with Indonesia's leader warning the Ukraine crisis was a threat to the post-pandemic recovery.
Kuwait army allows women in combat roles, but without guns
Kuwaiti women are angry after the military, having allowed female soldiers in combat roles, decided they need the permission of a male guardian and banned them from carrying weapons.
Search ends for survivors of sunken Spanish fishing trawler
Rescue teams off eastern Canada ended a search Wednesday for survivors from a sunken Spanish fishing trawler with only three of the boat's 24-person crew pulled out alive.
New Zealand Rugby seals deal with US private equity firm
New Zealand Rugby said Thursday it had secured a lucrative investment from US private equity firm Silver Lake after overcoming opposition to the deal from the players' union.
Fed officials see accelerated US rate hikes
Faced with stubbornly high inflation, US central bankers are considering an accelerated schedule for raising the benchmark borrowing rate, according to minutes of their latest meeting released Wednesday.
Union vote at New York Amazon facility set for late March
Backers of a unionization drive at an Amazon warehouse in New York announced Wednesday they had reached agreement with the e-commerce giant for a union election in late March.
Spain mourns trawler victims as rescue hopes fade
Spain was in mourning Wednesday after its worst fishing tragedy in decades, as rescue teams off Canada warned it was unlikely they would find any of the missing 11 crew members alive.
Ukraine defies invasion threat, as NATO sees no Russian pullback
Ukraine's leader vowed Wednesday that his country would stand tall against any invasion, as NATO warned it could see no sign that Russia is withdrawing its forces.
Stock markets dip as Ukraine worries return
European and US stock markets drifted lower while oil prices rose on Wednesday as investors tracked developments surrounding the Ukraine crisis and awaited fresh clues about the US Federal Reserve's interest rate plans.
Ukraine stages drills as NATO and US see no Russia pullback
Ukraine staged military drills and defiant displays of flag-waving patriotism on Wednesday as Western powers warned Russia is continuing to mass forces for a possible invasion.
US retailers begin 2022 with a big jump in sales
US retailers more than regained ground lost in an unexpected December slump, with a surprise boom in January sales, according to government data released Wednesday.
European stocks steady after Ukraine-induced volatility
European stock markets steadied Wednesday after a volatile start to the trading week, as investors tracked developments surrounding the Ukraine crisis.
Berlinale film fest to award top prizes under Covid shadow
The 72nd Berlinale film festival awards its top prizes on Wednesday including its Golden Bear for best picture and a gender-neutral acting gong after a reduced in-person run under the pandemic.