Sri Lanka prime minister resigns, curfew imposed after clashes (Updated)
Sri Lanka’s prime minister resigned on Monday to make way for a unity government that would try to find a way out of the country’s worst economic crisis ...
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Musk’s $44-bln Twitter deal at risk of being repriced lower – Hindenburg
Short-seller Hindenburg Research warned on Monday that Elon Musk’s $44-billion (€41 billion) offer to take Twitter Inc TWTR.N private could get repriced lower if the Silicon Valley billionaire walked ...
Germany, Qatar at odds over terms in talks on LNG supply deal -sources
Germany and Qatar have hit difficulties in talks over long-term liquefied natural gas (LNG) supply deals amid differences over key conditions, including the duration of any contract, three people familiar ...
Marcos, son of strongman, poised for Philippines election triumph
Ferdinand Marcos Jr was headed for a stunning victory in the Philippines’ presidential election on Monday with double the votes of his nearest rival, putting the son of the notorious ...
Woman tells trial that celebrity chef Mario Batali groped her at Boston bar (Updated)
A teary Boston-area software worker on Monday testified that celebrity chef Mario Batali groped and squeezed her “sensitive feminine areas” five years ago at a Boston bar while posing with ...
Cyprus concerned over Russian real estate ban in EU sanction package
The European Commission is considering offering landlocked eastern European Union states more money to upgrade oil infrastructure in a bid to convince them to agree to an embargo on Russian ...
UK Labour’s Starmer to resign if fined for COVID rule breach
British Labour Party leader Keir Starmer said on Monday he would resign if police decide he broke Covid-19 rules, putting pressure on Prime Minister Boris Johnson who has refused to ...
Pro-military symbols adorn shop windows of western brands in Moscow
Salvatore Ferragamo and De Beers branded stores were decked out with pro-military symbols to mark Russia’s annual Victory Day parade on Monday, demonstrating how little control high-end retailers have ...
Ukraine calls for moves to unblock ports and prevent global food crisis
Ukraine’s president said that trade at the country’s ports was at a standstill and urged the international community to take immediate steps to end a Russian blockade to ...
‘We will win’, defiant Zelenskiy tells Russia on WW2 anniversary
Ukrainian President Volodymyr Zelenskiy said on Monday that Kyiv would defeat Russia’s invasionand not give up a single piece of land,as he marked victory over Nazi Germany in ...
Four-fifths of emerging market funds still trapped in Russian stocks
Fewer than a fifth of actively managed emerging market equity funds have cut their exposure to Russian stocks to zero, data from Copley Fund Research shows, with a number of ...
Russian ambassador doused in red by protesters in Poland
The Russian ambassador to Poland was doused in a red substance on Monday by people protesting against the war in Ukraine as he went to lay flowers at the Soviet ...
Bitcoin falls to lowest since January, in line with tumbling stock markets
Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech ...
Markets must face up to tightening financial conditions
Already sitting on double-digit losses this year, stock market investors must brace for more, as the realisation sinks in that the US Federal Reserve intends to tighten financial conditions to ...
Putin’s Victory Day speech leaves no clue on future escalation (Updated)
Vladimir Putin exhorted Russians to battle in a defiant Victory Day speech on Monday, but was silent about plans for any escalation in Ukraine, despite Western warnings he might use ...
Zverev blames scheduling for 62-minute thrashing in Madrid final
World number three Alexander Zverev blamed the ATP Tour’s scheduling for his underwhelming performance in Sunday’s Madrid Open final where Carlos Alcaraz stormed to a 6-3 6-1 victory ...
Dollar hits two-decade high amid rising US rates, Ukraine war, China’s lockdowns
The dollar hit a two-decade high on Monday as investors searched for safety and yield in the face of growing concern over slowing global economic growth and rising interest rates.
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Putin channels memory of Hitler’s defeat to urge victory in Ukraine
Russian President Vladimir Putin evoked the memory of Soviet heroism in World War Two on Monday to urge his army towards victory in Ukraine but acknowledged the cost in Russian ...
Russian attacks on rail system fail to paralyse ‘lifeline of Ukraine’
A salvo of missiles brought the Kremlin’s war on Ukraine to Fastiv, a quiet town abounding with flowering cherry trees and set in sweeping farmland hundreds of kilometres from ...
U2’s Bono gives ‘freedom’ concert in Kyiv metro (Video)
Irish rock group U2’s frontman Bono and his bandmate The Edge performed a 40-minute concert in a metro station in the Ukrainian capital of Kyiv on Sunday and praised ...
Egypt private sector activity continues contraction on Ukraine war
Egyptian non-oil private sector activity contracted in April, continuing a 17-month deterioration as the Ukraine crisis added to price increases, a survey showed on Sunday.
The S&P Global ...
‘Go home!’ Covid-hit Shanghai, Beijing tell residents to avoid social contacts
China’s two biggest cities tightened COVID-19 curbs on their residents on Monday, raising new frustration and even questions about the legality of its uncompromising battle with the virus.
As ...
Global scramble for metals thrusts Africa into mining spotlight
The need to secure new sources of metals for the energy transition amid sanctions on top producer Russia has increased the Africa risk appetite for major miners, who have few ...
Russia publishes list of ‘parallel imports’ goods
Russia published a detailed list of goods from foreign carmakers, technology companies and consumer brands on Friday that the government has included in a so-called “parallel imports” scheme aimed at ...