Tax rises and inflation to squeeze UK living standards
Higher inflation and rising taxation to fund growing demand for healthcare and other public services will cause living standards in Britain to barely rise over the coming year, the Institute ...
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Tens of millions of J&J Covid-19 shots sit at Baltimore factory
An estimated 30 million to 50 million doses of Johnson & Johnson’s COVID-19 vaccine made early this year sits idle in Emergent BioSolutions Inc’s plant in Baltimore awaiting a green ...
Beirut blast probe again interrupted as interrogation of ex-PM halted
The judge heading Lebanon’s investigation into the devastating Beirut port explosion suspended the interrogation of former Prime Minister Hassan Diab on Thursday after Diab filed a suit questioning the ...
Laos police seize record drugs haul in Golden Triangle
Lao police have seized a record haul of illicit drugs in the Golden Triangle region, two security sources in Thailand confirmed on Thursday, in what the United Nations said was ...
Israeli startup AIR unveils flying vehicle to be used ‘like cars’
Israeli startup AIR on Tuesday unveiled its first “easy-to-operate” electric, vertical takeoff and landing (eVTOL) aircraft that it aims to sell directly to consumers predominantly in the United States starting ...
Moscow embarks on sweeping lockdown as Covid-19 deaths surge, vaccine campaign to be relaunched
The Russian capital brought in its strictest lockdown measures since June 2020 on Thursday as hospitals confront a rising wave of coronavirus cases that has sent one-day pandemic deaths to record ...
Just a matter of time before I break through, says Murray
Andy Murray said his defeat in the second round of the Vienna Open on Wednesday was just another bump in the road and the former world number one is convinced ...
Ryanair vows 5-day refund turnaround after Covid critcism
Ryanair on Thursday vowed to repay customers within five days for cancelled flights in a renewed customer service push after criticism about how it handled refunds at the height of ...
Bayern suffer biggest defeat since 1978
Borussia Monchengladbach sensationally struck three times in the opening 21 minutes to demolish German champions Bayern Munich 5-0 on Wednesday and dump them out of the German Cup second round following ...
Britain to spend a million on electric race in Outer Hebrides
Britain plans to spend a million pounds ($1.37 million) on a proposed electric Extreme E off-road race in the Outer Hebrides next year, the series said on Wednesday.
Finance minister Rishi ...
Chinese hypersonic weapons test concerning says top US military officer
The top U.S. military officer, General Mark Milley, has provided the first official U.S. confirmation of a Chinese hypersonic weapons test that military experts say appears to show ...
Setback for Nvidia’s $54 bln ARM bid as EU regulators open probe
Nvidia (NVDA.O) suffered a setback on Wednesday as EU antitrust regulators opened a full-scale investigation into its $54 billion bid for British chip designer ARM on concerns the deal could ...
France seizes a British trawler as fishing licence row heats up (Update)
France seized on Thursday a British trawler fishing in its territorial waters without a licence and issued a verbal warning to a second vessel, amid a bitter row between the ...
Koeman sacked as Barca suffer second successive La Liga defeat
A first-half strike from Radamel Falcao was enough to hand Rayo Vallecano a shock 1-0 win over Barcelona on Wednesday and bring an end to Ronaldo Koeman’s reign as ...
US issues first passport with ‘X’ gender marker
The U.S. State Department said on Wednesday it had issued the first U.S. passport with an “X” gender marker, designed to give non-binary, intersex and gender non-conforming people ...
Brazilian senators back criminal charges against president Bolsonaro
A Brazilian Senate panel probing the government’s pandemic response on Wednesday presented the prosecutor general’s office with recommendations to criminally charge President Jair Bolsonaro for alleged errors that ...
Gun not thoroughly checked before Alec Baldwin fired fatal shot
– A .45 caliber Colt pistol used on the set of the film “Rust” was not thoroughly checked before being given to actor Alec Baldwin, who fired a live lead bullet in ...
England’s red-hot T20 campaign proves growth, says captain Morgan
England’s red-hot form in the ongoing Twenty20 World Cup is further evidence of how far their white-ball cricket has grown in the recent years, captain Eoin Morgan said after ...
Democrats propose ‘billionaires tax’ to pay for Biden’s sweeping agenda
Some U.S. Senate Democrats on Wednesday proposed taxing billionaires’ unrealized gains from their assets to help finance President Joe Biden’s social-policy and climate-change agenda, according to the top ...
Sunak announces UK growth upgrade, pledges to control inflation
Finance minister Rishi Sunak said stronger economic growth and lower borrowing would allow him to increase public spending as Britain emerges from the COVID-19 pandemic, and he vowed to protect ...
Green activist hid in Louvre loos before gatecrashing Louis Vuitton’s show
Marie Cohuet hid in a lavatory inside the Louvre art museum for over two hours, plotting her gatecrashing of Louis Vuitton’s Paris Fashion Week show in protest at the ...
West Ham get green light for London Stadium expansion
West Ham United have been granted planning permission to increase the capacity of the London Stadium by 2,500 seats, the Premier League club said in a statement on Wednesday.
The stadium ...
Madrid court suspends Bayern’s Lucas Hernandez prison sentence
Bayern Munich and France defender Lucas Hernandez has won his appeal against a six-month prison sentence handed down by a Spanish court for disobeying a restraining order following a fight ...
The 1970s all over again? Stagflation debate splits analysts and investors
Phil Orlando has not heard this many people mentioning stagflation since he was a financial journalist in the late 1970s, when oil prices were soaring and inflation stood at more ...