Oil prices drop amid China COVID curbs, possible rate hikes
Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further interest rate hikes in the United States and ...
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English Football League says matches to return from Tuesday
The English Football League, which manages the three divisions below the Premier League, said on Monday that matches will return as scheduled from Tuesday after the last round of games ...
Iran says ready for nuclear cooperation but threatens it can hit Israeli cities with drones
Iran said on Monday it was ready to continue cooperating with U.N. nuclear watchdog while revealing a drone capable of hitting major cities in Israel, which has threatened to ...
Euro jumps to 3-week high amid hawkish ECB signals, dollar idles
The euro jumped to a more than three-week peak versus the dollar on Monday, and sterling rose to the highest this month as European Central Bank officials pushed the case ...
UK economy shows signs of strain from surging prices
Britain’s economy grew by less than expected in July, with a fall in power production possibly reflecting the sharp climb in energy tariffs and the construction sector also hit ...
Israel’s El Al Airlines agrees to repay state’s COVID loan by year end
El Al Israel Airlines (ELAL.TA) plans to repay a $45 million loan that it took from the government during the COVID-19 pandemic by the end of the year, under a ...
Swedish right opposition inches ahead in election cliff-hanger
Sweden‘s right bloc inched into the narrowest of leads with around 90% of votes counted after Sunday’s general election, with results pointing to a new government after eight years ...
Ukraine accuses Russia of attacking power grid in revenge for offensive
Ukraine accused the Russian military of attacking civilian infrastructure in response to a rapid weekend offensive by Ukrainian troops that forced Russia to abandon its main bastion in the Kharkiv ...
ECB governors see rising risk of rate hitting 2 per cent to curb inflation
European Central Bank policymakers see a rising risk that they will have to raise their key interest rate to 2 per cent or more to curb record-high inflation in the euro ...
Alcaraz wins U.S. Open and becomes world number one
Spanish teenager Carlos Alcaraz completed his rapid rise to the top of the tennis world on Sunday, claiming his first Grand Slam title and taking the number one ranking with ...
Payments giants to apply new code identifying sales at US gun stores
Visa Inc (V.N), the world’s largest payments processor, said on Saturday it will implement a new merchant category code for US gun retailers, which will identify transactions at ...
Turkey’s central bank reserves boosted by friendly country support, Erdogan says
The Turkish central bank’s foreign currency reserves are getting stronger as friendly countries are providing support, President Tayyip Erdogan said, broadcaster Haberturk reported on Friday.
The central bank’s ...
UAE H1 tourism revenues top $5 bln – vice president
The United Arab Emirates’ tourism revenues were 19 billion dirhams ($5.17 billion) in the first half of 2022, its vice president said on Sunday in a tweet.
Numbers of hotel guests rose 42 per ...
On 9/11 anniversary, Biden recalls American unity, vows vigilance
U.S. President Joe Biden invoked the memory of America’s united response to the Sept. 11, 2001 attacks by al Qaeda and vowed to “never give up” in the face of ...
Death toll from migrant shipwreck off Tunisia rises to 11
he death toll from a migrant shipwreck off Tunisia last week has risen to 11, most of them Tunisians, as they tried to cross the Mediterranean to Italy, TAP state news ...
France, Romania to agree deal to boost Ukrainian grain exports
France’s transport minister said on Sunday he would sign an agreement with Romania to help increase Ukrainian grain exports to developing countries including to the Mediterranean.
Ukraine’s grain ...
Verstappen wins Italian Grand Prix behind safety car (Updated)
Red Bull’s Max Verstappen dashed Ferrari’s home hopes and won the Italian Grand Prix behind the safety car on Sunday to move potentially a race away from his ...
Xi leaves China for first time since Covid pandemic began to meet Putin
Xi Jinping will leave China this week for the first time in more than two years for a trip to Central Asia where he will meet Vladimir Putin just a ...
Queen Elizabeth’s coffin travels through Scotland, mourners line streets (Update 5)
Queen Elizabeth’s coffin arrived in Edinburgh on Sunday after a six-hour journey from her summer home in the Scottish Highlands, past tens of thousands of mourners lining the route, ...
Chinese President Xi congratulates King Charles on accession to throne
Chinese President Xi Jinping has sent a congratulatory message to King Charles on his accession to the British throne, official news agency Xinhua reported on Sunday.
Xi said in the ...
Explainer: Understanding Ethereum’s major ‘Merge’ upgrade
Ethereum, the blockchain that underpins the world’s second-largest crypto token ether, will soon undergo a major software upgrade that promises to slash the amount of energy needed to create ...
Hundreds evacuated in west Indonesia after magnitude 6.1 earthquake
About 200 people evacuated to higher ground after an earthquake of magnitude 6.1 struck islands in western Indonesia on Sunday, causing some property damage, the country’s disaster mitigation agency BNPB said.
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Rising costs fuel worries about US airlines’ heavy debt loads
A scramble by US carriers to fill empty cockpits is fueling cost pressures just as mounting economic worries have cast a shadow on travel demand, sparking concerns about debt-laden airlines’ ...
US ban on Nvidia, AMD chips seen boosting rivals
The US ban on exports to China of Nvidia and AMD’s flagship artificial intelligence chips will create new business opportunities for domestic startups jockeying for a piece of China’...