Russia cuts gas flows further as Europe makes savings plea
Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for ...
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Ukraine grain export coordination centre opens in Istanbul
Turkish Defence Minister Hulusi Akar on Wednesday unveiled a centre in Istanbul to oversee the export of Ukrainian grains after a landmark U.N. deal last week, with the first ...
Bayern internally discussed Ronaldo option, says club CEO Kahn
German champions Bayern Munich internally discussed the possibility of signing Cristiano Ronaldo but decided not to pursue the idea, club CEO Oliver Kahn said on Wednesday.
The 37-year-old forward’s ...
Buoyant company earnings lift recession-focused markets
Better-than-expected earnings from a raft of US and European companies helped steady global stock markets on Wednesday, cutting through gloom caused by rising interest rates and the threat of an ...
McDonald’s raises UK cheeseburger price by 20% for first time in 14 years
McDonald’s will increase the price of its cheeseburger by 20% in Britain, in the first price hike for the popular item in 14 years as it responds to soaring inflation.
The ...
Trailing in UK leadership race, Sunak pitches energy bill tax cuts
Rishi Sunak, trailing in the race to become Britain’s next prime minister, pledged on Wednesday to temporarily scrap taxes on energy bills paid by households as part of a “...
Monkeypox emergency could last months, cases currently doubling every two weeks
Scientists advising the World Health Organization (WHO) on monkeypox say the window is closing to stop its spread, with cases currently doubling every two weeks, raising concerns that it will ...
IMF says Egypt needs progress on fiscal and structural reform
The International Monetary Fund said on Tuesday that Egypt needed to make “decisive progress” on fiscal and structural reform as Cairo seeks a new round of support from the fund.
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Lebanon parliament passes amendments to banking secrecy law
Lebanon’s parliament on Tuesday passed long-awaited amendments to a banking secrecy law, according to a Reuters witness, in the first step towards reforms required by the International Monetary Fund (...
Kremlin says it will respond in kind to EU’s ban on Russia Today
State-controlled media outlet Russia Today on Wednesday lost its court fight against a European Union ban imposed in March due to its systematic disinformation over Russia‘s invasion of Ukraine.
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Bridge closed in Russia-held Kherson after HIMARS shelling, official says
Authorities in the Russian-controlled Ukrainian city of Kherson have closed the city’s only bridge across the Dnipro river after it came under fire from U.S.-supplied high mobility ...
Lufthansa ground staff walk out in Germany in pay dispute
Ground staff at Deutsche Lufthansa (LHAG.DE) went on strike early Wednesday, prompting the cancellation of more than 1,000 flights, and adding to travel disruptions during the busy summer travel season.
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Oil steady as demand concerns offset US crude stock drawdown
Oil prices held steady on Wednesday as concerns about weaker demand offset industry data that showed a larger-than-expected drawdown in US crude stockpiles.
Brent crude futures were at $104.55 a barrel ...
Britain’s rail network hit by fresh strike action over pay dispute
Britain’s rail network faced major disruption again on Wednesday as staff walked out in a row over pay and conditions, the latest in a wave of industrial unrest as ...
Barcelona manager Xavi ‘very happy’ with rejuvenated Dembele
Barcelona coach Xavi Hernandez said forward Ousmane Dembele is a player reborn after the France international scored twice in the LaLiga club’s 2-2 pre-season draw with Serie A side ...
Turkey says Sweden has not yet extradited the suspects it seeks after NATO accord
Sweden has not yet extradited suspects Turkey seeks over terrorism-related charges despite signing an accord to lift Ankara’s veto to its NATO membership last month, Turkish Foreign Minister Mevlut ...
Ukrainian president nominates lawmaker from own party as prosecutor general
Ukrainian President Volodymyr Zelenskiy has nominated Andriy Kostin, a lawmaker from the president’s Servant of the People party, to be the country’s next prosecutor general.
Zelenskiy submitted a ...
U.S. says Biden-Xi call expected to cover Taiwan tensions, Ukraine
U.S. President Joe Biden and China’s leader Xi Jinping are expected to talk on Thursday, a source familiar with the planning said, amid fresh tensions over Taiwan and ...
Clinical England thrash Sweden 4-0 to reach Women’s Euro final
Hosts England waltzed past Sweden into the Women’s Euro 2022 final with Beth Mead, Lucy Bronze, Alessia Russo and Fran Kirby all on target in a sensational 4-0 win in ...
Powerful 7.1 earthquake strikes north Philippines, four dead (Update 2)
A powerful 7.1 magnitude earthquake struck the northern Philippine island of Luzon on Wednesday killing fourpeople, damaging buildings and sending strong tremors through the capital, Manila.
Two people were killed in ...
Micron Technology starts shipping its most advanced storage chip
Micron Technology Inc (MU.O) on Tuesday said it started shipping its most advanced NAND flash chip made up of 232 layers of memory cells that can support intense data use ...
Canada’s Shopify cuts 10 per cent of workforce on slowing online orders
Canada’s Shopify Inc (SHOP.TO) is laying off 10 per cent of its workforce, the e-commerce company said on Tuesday, as it struggles with sales growth due to a post-pandemic ...
Lufthansa cancels over 1,000 flights due to ground staff walkout
Deutsche Lufthansa (LHAG.DE) said it was cancelling more than 1,000 flights ahead of a one-day walkout by ground staff scheduled for Wednesday, just as families across Germany head off on ...
Greece, Saudi Arabia to sign energy deal, crown prince says
Greece and Saudi Arabia will sign a deal in renewable energy and discuss other investments and security, Saudi Crown Prince Mohammed bin Salman said on Tuesday in a meeting with ...