Russian oil payments stall as UAE, Turkey tighten bank scrutiny
Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, Turkey and the United Arab Emirates (UAE) become more ...
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Mass brawl forces authorities to impose curfew in Australian tourist town
Australia’s Northern Territory on Wednesday imposed a two-week youth curfew in the tourist town of Alice Springs, a day after a mass brawl involving 150 people, many of them armed ...
Fed posts record loss of $114.3 billion in 2023
The Federal Reserve said on Tuesday that it officially saw a net negative income of $114.3 billion in 2023, a record loss tied to expenses related to managing the US central bank’...
Mastercard, Visa reach $30 billion settlement over credit card fees
Visa (V.N) and Mastercard (MA.N) reached an estimated $30 billion settlement to limit credit and debit card fees for merchants, with some savings likely to be passed on to ...
Boeing may turn to outsider CEO to tackle spiraling crisis
Boeing’s board has begun the search for a big-hitter to take the helm of the troubled planemaker following the turbulent tenure of CEO Dave Calhoun, with many industry executives ...
Companies react to Baltimore bridge collapse
A major bridge collapsed in the US port of Baltimore after being struck by a container ship, plunging cars into the river below.
Here is what carmakers and other companies, ...
Georgia, Ukraine and Poland clinch last Euro 2024 slots
Georgia and Poland overcame Greece and Wales respectively on penalties, while the third team to book it’s place for Euro 2024, war torn Ukraine, had to come from behind to ...
Over 63,000 people dead or missing while migrating over last decade
At least 63,285 people have perished or disappeared on migration routes around the world between 2014 and 2023, with most deaths caused by drowning, the U.N. migration agency said on Tuesday.
A ...
Oil little changed as markets weigh Russian supply woes
Oil was little changed on Tuesday after rising in the previous session as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks ...
Netanyahu coalition under strain after standoff with US over Gaza vote
Israeli Prime Minister Benjamin Netanyahu faced growing strains on his divided coalition on Tuesday after an angry standoff with Washington worsened disagreements over proposals to draft ultra-Orthodox Jews into the ...
Putin’s hawks say Ukraine was involved in Moscow concert attack
Two powerful allies of Russian President Vladimir Putin said on Tuesday that they believed Ukraine was involved in the attack on a concert hall just outside Moscow that killed at ...
Assange wins temporary reprieve from extradition to US
WikiLeaks founder Julian Assange’s extradition to the United States from Britain was put on hold on Tuesday after London’s High Court said the U.S. must provide assurances ...
Israel won’t yield to ‘delusional’ Hamas demands in truce talks
Israel accused Hamas on Tuesday of posing “delusional” demands in indirect negotiations on a Gaza truce, saying in a statement by Prime Minister Benjamin Netanyahu’s office that these showed ...
‘Mass casualty event’ as Baltimore Key Bridge collapses
Baltimore‘s 1.6-mile Francis Scott Key Bridge collapsed and vehicles plunged into the river early on Tuesday after a ship collided into a support pylon, officials said, and rescuers were ...
Wins for Everest and Sri Lanka Lions in Cyprus cricket leagues
By Richard Boxall
The weekend’s cricket featured another 40-over win for Everest and a big win for the Lions in the Sri Lankan ‘derby’ match.
Everest CC is the ...
Cyprus Sevens Championship coming to Happy Valley
The next tournament in the Cyprus Sevens Championship will be held on Saturday 30 March at Happy Valley, Episkopi.
For security reasons, all spectators must pre-register and bring valid ID to ...
Nissan to launch 30 new models by 2027, boost global sales volumes
Nissan Motor this week said it would launch 30 new models over the next three years and aim to raise its global sales by 1 million vehicles while cutting costs to improve ...
Big hotel chains and unbranded-hotel owners find they need each other
Independent hotel operators and giant global chains are increasingly linking up in franchise agreements as high-interest rates have slammed the hospitality industry, slowing down new hotel construction.
For big chains, ...
UN Security Council demands immediate Gaza ceasefire after US abstains
The United Nations Security Council adopted a resolution on Monday demanding an immediate ceasefire between Israel and Palestinian militants Hamas after the United States abstained from the vote, sparking a ...
Nike warns of revenue dip as it cuts back on key products
Nike warned last week that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world’s largest sportswear maker scales back on ...
Once burnt, investors curb enthusiasm for India’s startups
India’s economy and stock markets are booming, but its startups are not.
Investors, once eager to pump in billions of dollars in promising Indian tech ventures, are now going ...
Israel kills dozens in Gaza attacks and besieges two hospitals, Palestinian medics say
Israel’s military killed dozens of people in new attacks in Gaza, Palestinian medics said on Monday, and its forces maintained a blockade of two hospitals where they say Hamas ...
Sterling hovers near one-month low on rate cut bets
The pound was little changed on Monday, hovering near its lowest level in a month after investors last week ramped up their bets that the Bank of England will cut ...
Macron: it would be cynical, counterproductive for Russia to pin Moscow attack on Ukraine
French President Emmanuel Macron said all signs indicated that an attack on a concert hall near Moscow in which 137 were killed was carried out by Islamic State, telling Russia on ...