How US is daring the world to find a dollar alternative
The United States is merrily chipping away at the pillars that hold up the dollar as the world’s reserve currency, with the latest blows coming from some powerful Americans ...
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UK job market on its way back after downturn, recruiters say
A fall in permanent hiring by employers in Britain was its least severe in more than a year in May and the recruitment market appears to be poised for a ...
Turkey competition board fines Google 482 million lira over hotel searches
The Turkish competition authority said on Monday that it imposed a fine of around 482 million lira ($14.85 million) on Google (GOOGL.O) over its failure to fulfil obligations related to hotel ...
UN Security Council backs plan for Israel-Hamas ceasefire
The United Nations Security Council on Monday adopted a U.S.-drafted resolution backing a proposal outlined by President Joe Biden for a ceasefire between Israel and Palestinian militants Hamas ...
Aircraft carrying Malawi vice president and nine others goes missing
An aircraft carrying Malawi’s vice president, Saulos Klaus Chilima, and nine others has gone missing, the southern African nation’s presidency said on Monday.
Chilima, 51, was aboard a military ...
Hezbollah says it shoots down Israeli drone over Lebanon
Lebanon’s Hezbollah militia said its air defences downed an Israeli attack drone over southern Lebanon on Monday, and the Israeli military confirmed the loss of the drone.
“A surface-to-air ...
UN Security Council to vote on plan for Israel-Hamas ceasefire
The United Nations Security Council will vote later on Monday on U.S.-drafted resolution backing a proposal outlined by President Joe Biden for a ceasefire between Israel and Palestinian ...
Farage’s Reform UK wants £40 billion tax cut funded by QE overhaul
Britain’s right-wing Reform UK party, led by Brexit campaigner Nigel Farage, called on Monday for a £40 billion ($51 billion) tax cut for voters, funded by scrapping the interest paid to ...
Canada says online streaming services must hand over 5 per cent of their domestic revenues
Major online streaming services operating in Canada will be required to contribute 5 per cent of their Canadian revenues to support the domestic broadcasting system, the country’s telecoms regulator has ...
Hunter Biden will not testify in gun trial, lawyer says
U.S. President Joe Biden’s son Hunter Biden will not testify when his criminal trial resumes on charges he hid his drug use from the government in 2018 to illegally ...
Valencia fans convicted for racist abuse against Vinicius Jr
Three Valencia football fans were sentenced to eight months in prison on Monday for hate crimes against Real Madrid player Vinicius Jr, the first conviction for racist insults in a ...
Blinken, on peace mission, blames Hamas for delay in Gaza truce (Updated)
U.S. Secretary of State Antony Blinken blamed Hamas on Monday for holding up a ceasefire in Gaza, as the top U.S. diplomat conducted a Middle East peace mission ...
Russian politicians revel in EU election defeats for Macron, Scholz
Russian politicians gloated on Monday over heavy defeats for the parties of French President Emmanuel Macron and German Chancellor Olaf Scholz in European Parliament elections, and the Kremlin said right-wing ...
Real Madrid will not participate in Club World Cup, says Ancelotti
Real Madrid will decline FIFA’s invitation to participate in the Club World Cup as the governing body have undervalued the compensation the 15-times Champions League winners should receive, manager ...
Europe’s far right seeks policy influence to match seat gains
Europe’s nationalist parties capitalised in the European Parliament election on voter disquiet over spiralling prices, migration and the cost of the green transition and will now seek to translate ...
US military confirms Houthi missile strikes on two ships in Gulf of Aden
Yemen’s Houthi damaged two commercial vessels in missile attacks in the Gulf of Aden in the last 24 hours as part of the militia group’s ongoing campaign against international ...
Israeli centrist minister Gantz quits Netanyahu government
Israeli minister Benny Gantz announced his resignation from Prime Minister Benjamin Netanyahu’s emergency government on Sunday, withdrawing the only centrist power in the embattled leader’s far-right coalition amid ...
These early Tesla bulls are giving up on the stock
Some of Tesla’s institutional shareholders are getting out, convinced that the electric carmaker’s days of dizzying growth are in the rear-view mirror.
The company’s shares are down ...
France faces ‘consequential’ election as far-right rout prompts Macron gamble (Updated)
Political parties and business leaders alike tried to figure out what a possible far-right win could mean for France following President Emmanuel Macron’s decision to call a snap election ...
In Japan, energy security fears put nuclear back in favour for 2040 plan
Japan is set to push for more nuclear power in an energy policy update due next year, seeking stable electricity supply in face of growing demand and heightening geopolitical risks, ...
Microsoft to take more steps to resolve EU concerns about Teams
Microsoft expects to take additional steps to resolve an EU antitrust investigation into its chat and video app Teams which is part of its Office product, even as it seems ...
Blackstone bets on UK rental homes in $740 million deal
US private equity giant Blackstone (BX.N) has agreed to buy 1,750 new homes to rent from British housebuilder Vistry (VTYV.L), as institutional investors bet on a shortage of rental ...
Alcaraz grinds down Zverev to win maiden French Open title
Carlos Alcaraz outlasted German Alexander Zverev to win a maiden French Open and become the youngest man to capture Grand Slam titles on all three surfaces with a 6-3 2-6 5...
European Parliament poised for rightward shift after final voting
Voters in 21 EU countries including France and Germany will conclude a four-day election for the European Parliament on Sunday, which is expected to shift the assembly to the right and ...