Nigeria loses compensation bid over Glencore bribery
Nigeria’s bid to claim compensation from a British subsidiary of mining and trading group Glencore GLEN.L over bribes paid to officials at Nigeria’s state oil company was ...
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Blinken says China rejects status quo of Taiwan situation
China has decided the status quo of Taiwan’s situation is no longer acceptable and has begun to ratchet up pressure on the self-governing island, including holding out the possibility ...
Biden and Israel’s Herzog discuss Iran’s nuclear program
President Joe Biden and Israeli President Isaac Herzog held talks on Wednesday focused heavily on Iran, with the two leaders discussing Tehran’s nuclear program and what Washington says is ...
EU energy chief says gas price cap possible this winter if countries agree
The European Union could introduce a gas price cap this winter to limit excessive price spikes, but only if countries give Brussels a mandate to propose the measure, the bloc’...
Oil prices dip on US crude stock build, supply worries cap losses
Oil prices eased on Wednesday after industry data showed US crude stockpiles rose more than expected, though supply worries capped losses. Brent crude futures for December fell $1.03, or 1.1 per cent, ...
Germany to legalise cannabis use for recreational purposes
Germany on Wednesday set out plans to legalise cannabis, in a move promised by Chancellor Olaf Scholz’s government that would make it one of the first countries in Europe ...
United’s Varane out until World Cup, Ronaldo back in squad
France defender Raphael Varane will not feature for Manchester United until after the World Cup, manager Erik ten Hag said on Wednesday, adding that forward Cristiano Ronaldo will be involved ...
Uganda steps up Ebola response as virus infects 109, kills 30
The number of confirmed Ebola cases in Uganda has risen to 109 and the outbreak has claimed 30 lives, Health Minister Jane Ruth Aceng said on Wednesday, adding that the government was ...
Riot police deploy in Iranian cities as people gather for Amini’s memorial
Iranian riot police deployed in large numbers in Mahsa Amini’s home town of Saqez on Wednesday, witnesses said, after activists called for protests across the country to mark 40 days ...
Deutsche Bank reports big jump in profit despite slump in dealmaking
Deutsche Bank (DBKGn.DE) on Wednesday posted a better-than-expected jump in third-quarter profit as a trading boom at its investment bank offset a nosedive in dealmaking, but executives highlighted risks ...
Greece blocks top sailor’s effort for nationality change
Greece’s Olympic Committee (HOC) on Wednesday said it had refused to allow top sailor and Tokyo Olympics competitor Vasileia Karachaliou to go ahead with her attempted nationality shift and ...
Twitter is losing its most active users, internal documents show
“Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform.
The reality, according to internal Twitter (TWTR.N) research seen by ...
Global economy approaching a recession, central banks unchained
The global economy is approaching a recession as economists polled by Reuters once again cut growth forecasts for key economies while central banks keep raising interest rates to bring down ...
Adidas ends Ye deal over hate speech, costing rapper his billionaire status
Gap, Balenciaga have also cut ties with Ye
By Uday Sampath Kumar
Adidas AG ADSGn.DE terminated its partnership with rapper and fashion designer Ye on Tuesday after he made ...
Turkey detains medical group head on ‘terrorist propaganda’ charge
Turkish police have detained the head of the Turkish Medical Association (TTB), Sebnem Korur Fincanci, for allegedly “spreading terrorist group propaganda”, the state-owned Anadolu news agency said on Wednesday.
The ...
Egypt oil min says framework agreement in place on Gaza Marine field
Egypt’s petroleum minister confirmed on Tuesday a framework agreement had been reached to develop the Gaza Marine gas field offshore Gaza and talks were under way to conclude a ...
PM Sunak gathers cabinet to begin ‘hard work’ of fixing economy
British Prime Minister Rishi Sunak will gather his newly appointed cabinet for the first time on Wednesday, a day after taking power with a promise to fix the mistakes of ...
Juve’s Allegri looks for positives after Champions League elimination
Juventus coach Massimiliano Allegri says his side are “sorry and angry” following their 4-3 Champions League loss at Benfica on Tuesday as they miss out on the knockout rounds for ...
Ukrainians expect tough fight for Kherson; Russia stages nuclear war games (Wrapup)
Ukrainian troops at the front line said on Wednesday they were expecting a bitter fight for the southern Kherson region, which Russia now appeared to be reinforcing after days in ...
British pound fiasco boosts bitcoin’s hedge appeal
As a developed nation, you know your currency’s in a spot of bother when investors start to hedge with bitcoin.
After Britain’s brief Prime Minister Liz Truss unleashed ...
Tel Aviv Stock Exchange to restructure and create crypto platform
The Tel Aviv Stock Exchange (TASE) (TASE.TA) said on Monday it would reshape its ownership structure and also create a blockchain platform to allow more trading of crypto currencies ...
Dortmund draw 0-0 with Manchester City to join them in knockout stage
Borussia Dortmund drew 0-0 with already-qualified Manchester City on Tuesday to book their spot in the Champions League knockout stage with a game to spare.
The result made sure that ...
Musk informs co-investors he plans to close Twitter deal by Friday-source
Elon Musk has notified co-investors who committed to help fund his $44 billion acquisition of Twitter Inc TWTR.N that he plans to close his buyout of the social media firm ...
No surge expected in global COVID cases this winter – IHME report
Global COVID-19 infections are projected to rise slowly to about 18.7 million average daily cases by February next year from the current 16.7 million daily driven by the northern hemisphere’s winter ...