High inflation, recession risk widen ECB dilemma
Euro zone inflation jumped to another record high and will soon hit double-digit territory, heralding a string of big interest rate hikes even as a painful recession appears increasingly certain.
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Cuba seeks more electricity supply from Turkish powerships
Cuba, mired in an energy crisis that has brought frequent blackouts, is negotiating with a Turkish company to have it double the megawatts it currently produces for the country from ...
Tencent, Sony to take stake in “Elden Ring” publisher FromSoftware
Units of Tencent and Sony will take minority stakes in FromSoftware Inc, which publishes hit action role-playing title “Elden Ring” in Japan, via a third-party allotment of new shares, parent ...
Qatar central bank issues first license for digital payments
Qatar’s central bank has issued its first license for digital payments services to iPay by Vodafone Qatar and Ooredoo Money, it said in a tweet on Tuesday.
Halland hits another hat-trick, Arsenal keep up 100% start
Erling Haaland continued the blistering start to his Manchester City career by scoring a hat-trick inside 38 minutes as the Premier League champions smashed promoted Nottingham Forest 6-0 on Wednesday.
Haaland ...
UN inspectors near Ukrainian nuclear plant on mission to avert an accident (Wrapup)
United Nations inspectors arrived on Wednesday in the southern Ukrainian city of Zaporizhzhia on a mission to prevent a nuclear accident at a Russian-occupied power plant where nearby shelling has ...
U.S. will never allow Iran to acquire a nuclear weapon, Biden tells Israel’s Lapid
President Joe Biden told Israeli Prime Minister Yair Lapid on Wednesday the United States will never allow Iran to acquire a nuclear weapon, the White House said, as Tehran seeks ...
Greek star Sakkari crashes out of US Open after surprise defeat
Greek third seed Maria Sakkari became the biggest casualty in the women’s draw at the U.S. Open when she fell to a 3-6 7-5 7-5 defeat to unseeded ...
Gazprom head says ‘sanctions confusion’ means Siemens cannot service Nord Stream 1 -Interfax
Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy ENR1n.DE is unable to carry out regular maintenance on equipment for the Nord Stream 1 natural ...
Media outlets ask court to unseal more records tied to FBI search of Trump’s homes
News media outlets on Wednesday filed a new bid to unseal even more court records tied to the FBI’s unprecedented search of former President Donald Trump’s Florida estate, ...
FTSE 100 logs worst day in seven weeks as recession worries mount
UK’s FTSE 100 logged its worst daily performance in seven weeks on Wednesday as warnings of even higher inflation in the coming months raised fears of a deep recession in ...
Lebanon president, amid financial meltdown, returns amended bank secrecy law to parliament
Lebanon’s president on Wednesday returned to parliament an amended banking secrecy law that lawmakers passed around a month ago, saying it needed further tweaks to strengthen it.
Parliament’s ...
Germany says it will expand military presence in Indo-Pacific
Germany will expand its military presence in the Indo-Pacific by sending more warships and joining drills with allies as it keeps an eye on the “enormous” build-up of China’s ...
Hackers hit Italian oil company Eni’s computer networks
Italian oil company Eni’s computer networks were hacked in recent days but the consequences appear to be minor so far, the company said on Wednesday.
“The internal protection systems ...
Queen Elizabeth will appoint new prime minister at Balmoral
Queen Elizabeth will break with tradition and appoint Britain’s new prime minister at her Balmoral Castle residence in Scotland, rather than at Buckingham Palace in London, due to mobility ...
Spanish toddler dies after being hit by giant hailstone
A 20-month-old girl died after being struck on the head during a violent hailstorm that caused havoc in Catalonia, northeastern Spain, authorities said on Wednesday.
Fist-sized hailstones up to 10 centimetres (4 ...
While rest of EU mourns, Baltics recall Gorbachev as agent of repression
Widely praised in the West as a towering statesman who helped end the Cold War, Mikhail Gorbachev was remembered in the Baltic states on Wednesday as a repressive autocrat who ...
Pogba paid 100,000 euros to extortionists – source
France midfielder Paul Pogba was the target of extortion by childhood friends since March and paid 100,000 euros to that group in the spring, a source close to the investigation told ...
EU restricts travel rules for Russians, but no outright ban (Update 2)
EU foreign ministers decided on Wednesday to make it more expensive and lengthier for Russians to obtain visas to travel to the bloc, but stopped short of agreeing to the ...
Kremlin: Gorbachev helped end Cold War but was wrong about ‘honeymoon’ with West
The Kremlin on Wednesday hailed late Soviet leader Mikhail Gorbachev as an extraordinary global statesman who helped end the Cold War, but said he had been badly wrong about the ...
Amazon, Google slam Microsoft’s cloud computing changes
Amazon (AMZN.O) and Alphabet (GOOGL.O) unit Google criticised Microsoft’s (MSFT.O) cloud computing changes on Tuesday, saying they limit competition and discourage customers from switching to rival ...
Mourners mark Princess Diana’s death in Paris, 25 years on
Mourners marked the 25th anniversary of Princess Diana’s death in Paris on Wednesday, laying flowers and leaving messages on the bridge above the underpass where she was killed in ...
Grain silos at Mykolaiv port hit by Russian attack
Grain silos in Ukraine’s second biggest port, Mykolaiv, were hit by Russian shelling of the city on Tuesday, causing a fire that was still burning on Wednesday, Ukraine’s ...
Cataclysmic floods in Pakistan kill 1,100
Torrential rains and flooding have submerged a third of Pakistan and killed more than 1,100 people, including 380 children as the United Nations appealed for aid on Tuesday for what it described ...