BoE raises rates by most since 1995 even as long recession looms
The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning that a long recession is on its way, as it rushed to smother a ...
Articles
Taliban says was not aware al Qaeda leader in Kabul, warns US
The Taliban on Thursday said the government had no information about al Qaeda leader Ayman al-Zawahiri “entering and living” in capital city Kabul and warned the United States to never ...
EV maker Lucid halves 2022 production forecast as supply chain snarls hit
Lucid Group (LCID.O) on Wednesday halved its production forecast for electric vehicles, blaming extraordinary supply chain and logistics challenges, sending its shares down 10 per cent after the bell.
The ...
On Beirut blast anniversary, Christian patriarch condemns govt
Lebanon’s top Christian cleric on Thursday denounced his country’s government for failing to bring to justice those responsible for the Beirut port blast, marking the huge explosion’s ...
Oil prices rebound on supply concerns after drop to near 6-month low
Oil prices rose on Thursday as supply concerns triggered a rebound from multi-month lows plumbed in the previous session after US data signalled weak fuel demand.
Brent crude futures rose 10 ...
South Africa reports first death causally linked to Covid vaccine
South Africa’s health regulator reported on Thursday a causal link between the death of an individual and Johnson & Johnson’s (J&J) JNJ.N COVID-19 vaccine, the ...
Adidas posts 28 per cent decline in Q2 operating profit despite sales increase
Adidas (ADSGn.DE) on Thursday said operating profit fell by 28 per cent in the second quarter to 392 million euros ($398.43 million), as results suffered from suspending business in Russia, higher supply ...
Turkey’s banking sector H1 net profit surges 400 per cent year-on-year
The net profit of Turkey’s banking sector leapt 400 per cent from a year earlier to 169.15 billion lira ($9.42 billion) in the first half of the year, the BDDK banking watchdog ...
Greek intelligence service admits spying on journalist
The head of Greek intelligence told a parliamentary committee his agency had spied on a journalist, two sources present said, in a disclosure that coincides with growing pressure on the ...
UN watchdog appeals for access to Ukrainian nuclear plant
The head of the United Nations nuclear watchdog appealed for access to a Ukrainian nuclear power plant now controlled by Russian forces to determine whether it was a source of ...
Lufthansa limits flight offerings in Q3 amid travel chaos
Germany’s Lufthansa (LHAG.DE) said on Thursday it would offer only around 80 per cent of pre-crisis passenger capacity in the third quarter, less than previously planned, amid staffing shortages ...
Bullet point previews of Premier League weekend
Match-by-match facts and statistics ahead of the first round of Premier League fixtures from Aug. 5-7 (all times GMT).
Friday, Aug. 5
Crystal Palace v Arsenal (1900)
* Arsenal will be involved in ...
Thompson-Herah and Omanyala take 100 metre golds in Birmingham
Elaine Thompson-Herah, the only one of Jamaica’s “Big Three” women to show up at the Commonwealth Games, was rewarded with the 100 metres gold medal on Wednesday, while Kenya’s ...
Taliban now investigating US claim of killing al Qaeda leader Zawahiri
The Taliban are investigating a U.S. “claim” that al Qaeda leader Ayman al-Zawahiri was killed in a U.S. drone strike in Kabul, a Taliban official said on Thursday, ...
Ajax bans fans from asking players for their shirts
Ajax Amsterdam has banned fans from bringing signs into Johan Cruyff Arena asking players for their shirts after matches, Dutch media reported on Tuesday.
The club has told the Ajax ...
Ukraine warns of new Russian offensive; Sweden, Finland move closer to joining NATO
Ukraine said Russia had started creating a military strike force aimed at President Volodymyr Zelenskiy’s hometown of Kryvyi Rih, while NATO moved closer to its most significant expansion in ...
EU securities watchdog to arm itself with crypto data
The European Union’s securities watchdog has begun preparations for increased scrutiny of crypto transactions after the bloc agreed groundbreaking rules to regulate what it called a “Wild West” sector, ...
Maersk sees weaker demand for shipping containers this year
Shipping group Maersk (MAERSKb.CO) said it expects weaker 2022 global container demand growth on Wednesday, after moving fewer containers by sea in the second quarter due to worsening consumer confidence ...
Russian pullout must precede any dialogue, says Ukraine
Ukraine on Wednesday dismissed comments by ex-German chancellor Gerhard Schroeder that Russia wanted a “negotiated solution” to the war and said any dialogue would be contingent on a Russian ceasefire ...
France discriminated against hijab-wearing vocational trainee – UN document
A United Nations committee ruled that France discriminated against a Muslim woman who was prevented from attending vocational training in a public school while wearing her Islamic head scarf, according ...
UN chief urges tax on ‘grotesque greed’ of oil, gas companies
United Nations Secretary-General Antonio Guterres on Wednesday slammed the “grotesque greed” of oil and gas companies and their financial backers and urged governments globally to “tax these excessive profits” to ...
Germany’s Scholz says Russia has no reason to hold up turbine return
German Chancellor Olaf Scholz on Wednesday said Russia had no reason to hold up the return of a gas turbine for the Nord Stream 1 pipeline that had been serviced in ...
Biden still testing positive for Covid, his doctor says
US President Joe Biden tested positive again for Covid-19 on Wednesday, his physician Kevin O’Connor said in a memo released by the White House, adding that the test was ...
Ukraine says Russia creating strike force aimed at Zelenskiy’s hometown
Ukraine said on Wednesday that Russia had started creating a military strike force aimed at President Volodymyr Zelenskiy’s hometown of Kryvyi Rih and warned that Moscow could be preparing ...