Turkish businesses squeezed by inflation, credit crunch
It is hard for Dogan Duman to see how he can keep his garment factory in central Turkey running much longer, even after firing a third of his staff to ...
Articles
Panasonic readies new 4680 EV batteries for automakers
The energy unit of Japan’s Panasonic Holdings (6752.T) has finalised preparations for the mass production of its 4680 electric-vehicle batteries, the company said this week, as it seeks to start ...
Missile fired from Yemen set off sirens in central Israel, military says
A surface-to-surface missile fired at central Israel from Yemen hit an unpopulated area, causing no injuries, Israel’s military said on Sunday.
Moments earlier, air raid sirens had sounded in ...
Samsung Electronics plans global job cuts of up to 30 per cent in some divisions
Samsung Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30 per cent of its overseas staff at some divisions, three sources with direct ...
Japan’s economy grows slower in second quarter amid weaker spending
Japan’s economy grew at a slightly slower pace than initially reported in the second quarter, hurt by downward revisions in corporate and household spending that point to a bumpier ...
Liverpool slump to shock 1-0 home defeat by Nottingham Forest
A superb second-half goal from substitute Callum Hudson-Odoi gave Nottingham Forest the biggest surprise win of the Premier League season so far as they beat Liverpool 1-0 at Anfield on ...
Haaland strikes twice as Man City come from behind to beat Brentford
Manchester City beat Brentford 2-1 at home on Saturday to maintain their perfect start to the Premier League season after Erling Haaland netted twice following the fastest goal of the ...
French women unite in support of Gisele Pelicot amid mass rape trial
Hundreds of people, mostly women, gathered in cities across France on Saturday in support of Gisele Pelicot whose husband is on trial, accused of drugging her and recruiting dozens of ...
Rashford ends goal drought in Man United’s 3-0 win over Southampton
New signing Matthijs de Ligt grabbed his first goal for Manchester United while Marcus Rashford scored for the first time since March in a 3-0 Premier League victory at Southampton ...
Leclerc puts Ferrari on pole in Baku for fourth year in a row
Ferrari’s Charles Leclerc took pole position at the Azerbaijan Grand Prix for the fourth year in a row on Saturday as McLaren’s title contender Lando Norris suffered a ...
extreme weather conditions
At least four die in Romania floods as rain batters central Europe
At least four people died and thousands of homes were damaged by flooding in eastern Romania on Saturday, officials said, as surging river levels put authorities on alert in much ...
Macron wants to create a national sports day as France bids farewell to Olympics
As France prepares to bid a final farewell to the Paris Olympics on Saturday with a parade on the Champs-Elysees, President Emmanuel Macron announced his intention to create a “national ...
Iran launches second satellite this year into orbit, state media says
Iran on Saturday launched a research satellite into orbit with a rocket built by the Revolutionary Guards, state media reported.
The launch comes as the United States and European countries ...
Woods undergoes successful back surgery in Florida
Tiger Woods said he underwent successful surgery on his lower back on Friday that he hopes will reduce the back pain and spasms that hindered him this season.
Woods, 48, underwent ...
Russia launches a new drones barrage on Ukraine, Kyiv downs 72
Russia launched a new overnight drone attack on Kyiv and other Ukrainian cities on Saturday, prompting President Volodymyr Zelenskiy to issue a fresh appeal for more air defence and long-range ...
HSBC may combine banking divisions in cost-cutting move
HSBC is mulling the combination of its Commercial and Investment banking divisions to eliminate overlapping roles at the lender and cut costs, according to Bloomberg News, citing people familiar with ...
Australia plans social media minimum age limit, angering youth digital advocates
Australia plans to set a minimum age limit for children to use social media citing concerns about mental and physical health, sparking a backlash from digital rights advocates who warn ...
UK watchdog grants firms extra time to meet greenwashing rules
Britain’s financial watchdog said this week it had granted an extension for ‘naming and marketing’ rules aimed at tackling ‘greenwashing’, giving firms until April 2025 to comply.
It said funds ...
UAE economy grows 3.4 per cent in Q1-24, driven by strong non-oil sectors
The United Arab Emirates’ economy grew 3.4 per cent in the first quarter of 2024 compared with the same period the previous year, according to preliminary government estimates reported by the state ...
Tunisians protest against president ahead of election
Thousands of Tunisians marched in the streets on Friday to protest against President Kais Saied, whom they accuse of trying to rig the Oct. 6 presidential election by detaining and intimidating ...
Trump pledges to deport Haitians in Ohio city, Biden calls for attacks to stop
Republican presidential candidate Donald Trump promised mass deportations of Haitian immigrants in an Ohio city on Friday, shortly after U.S. President Joe Biden called for attacks on that community ...
Microsoft hosts cybersecurity summit after global IT outage
Microsoft (MSFT.O) held a summit this week to discuss steps to improve cybersecurity systems, after a faulty software update from CrowdStrike (CRWD.O) caused a global IT outage in ...
Brighton boss Hurzeler youngest to win manager of the month
Fabian Hurzeler has been named Premier League’s manager of the month for August after leading Brighton & Hove Albion to an unbeaten start this season in the 31-year-old’s ...
Greece asks EU for urgent response to soaring power prices
Greece’s prime minister has asked the EU to urgently respond to soaring power prices in central and eastern Europe, which Athens said are being exacerbated by Russian attacks on ...