Business leaders left in limbo by rate hike impact lag
An unusually long lag in the time interest rate hikes are taking to feed through to the economy has left corporate leaders guessing whether to prepare for a hard or ...
Articles
Wimbledon order of play on Monday
Order of play on the main show courts on the eighth day of the Wimbledon championships on Monday (prefix number denotes seeding):
CENTRE COURT (15:30)
13-Beatriz Haddad Maia (Brazil) v 3-Elena ...
Countries repatriating gold in wake of sanctions against Russia
An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Invesco survey of central bank ...
Saudi National Bank was denied taking 40 per cent Credit Suisse stake, Blick reports
Saudi National Bank wanted to increase its stake in Credit Suisse to around 40 per cent from 9.88 per cent, but was prevented from doing so by Swiss regulator FINMA, Blick newspaper ...
Oil eases ahead of China, US data, but OPEC+ cuts limits slide
Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China this week, though expected crude ...
Dark horse Berrettini prepared for ‘great fight’ with Alcaraz
If previous meetings between Carlos Alcaraz and Matteo Berrettini are anything to go by, Centre Court at Wimbledon will be treated to a pulsating, marathon encounter when the pair clash ...
Dutch PM Rutte faces no confidence vote after collapse of government
Dutch Prime Minister Mark Rutte faces a no confidence vote in parliament on Monday which could end his run as the longest serving government leader in Dutch history, three days ...
Samsung Elec flags 96 per cent drop in Q2 profit as chip glut drags on
Samsung Electronics Co Ltd (005930.KS) reported a likely 96 per cent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses ...
Ukrainian forces advance in south, hold ‘initiative,’ says Zelenskiy
Ukrainian troops pressed on with their campaign to recapture Russian-held areas in the southeast on Sunday as President Volodymyr Zelenskiy said in broadcast comments that his country’s forces had “...
Biden to meet with King Charles, PM Sunak ahead of NATO meeting
U.S. President Joe Biden will look to deepen his relationships with King Charles and Prime Minster Rishi Sunak during separate meetings on Monday in which Ukraine and climate change ...
Six killed in kindergarten attack in China; suspect detained
A 25-year-old man was suspected of attacking a kindergarten in China’s Guangdong province on Monday, killing six people and injuring one, triggering an outpouring of concern about violence against ...
Swiatek survives scare to set up Svitolina clash
Women’s top seed Iga Swiatek survived a huge scare before reaching the Wimbledon quarter-finals for the first time and was joined by Ukraine’s Elina Svitolina who also came ...
Broadcom to invest in a $1 billion EU-funded chip programme in Spain
US chipmaker Broadcom (AVGO.O) will invest in a European Union-funded programme to develop a semiconductor industry in Spain, Chief Executive Charlie Kawwas said late on Thursday.
“Excited to announce ...
McDonald’s drops tomatoes from India offerings, citing quality concerns as prices surge
Restaurants of fast food chain McDonald’s have dropped tomatoes from their burgers and wraps in many parts of India, hit by supply shortages and quality concerns after prices of ...
Wimbledon Day 7 highlights
Highlights of the seventh day at the Wimbledon tennis championships on Sunday (times GMT):
1628 SINNER TO QUARTER-FINALS IN STRAIGHT SETS
Italian eighth seed Jannik Sinner claimed a 7-6(4) 6-4 6-3 ...
Verstappen takes Red Bull’s 11th win in a row
Formula One leader Max Verstappen won the British Grand Prix on Sunday as Red Bull stayed unbeaten in 2023 and equalled McLaren’s 1988 record run of 11 victories in a row.
McLaren’...
England win thriller to keep Ashes series alive
A superb 75 from Harry Brook and some big hitting from tailender Mark Wood earned England a pulsating three-wicket victory in the third Ashes test on Sunday, dragging the hosts back ...
Russian, Turkish ministers talk after Turkey sends Ukrainian commanders home
The foreign ministers of Russia and Turkey spoke by telephone on Sunday, a day after Ankara angered Moscow by sending five Ukrainian commanders home with President Volodymyr Zelenskiy in what ...
BBC suspends presenter over alleged teenager photos scandal
Britain’s BBC suspended a male member of staff on Sunday following an allegation that one of its star presenters paid a teenager thousands of pounds to pose for sexually ...
US central command says it killed ISIS leader in Eastern Syria
The U.S. Central Command said on Sunday it conducted a drone strike on July 7 that killed an ISIS leader in Eastern Syria.
It used the same MQ-9 drones in ...
Boat sinking off Tunisia leaves one dead, at least 10 migrants missing
At least 10 Tunisian migrants were missing and one died after their boat sank off Tunisia as they tried to cross the Mediterranean to Italy, a judicial official said on Sunday.
...
Zelenskiy and Poland’s Duda pay tribute to victims of WW2 massacre
The Ukrainian and Polish presidents marked the anniversary of massacres of Poles by Ukrainian nationalists during World War Two on Sunday, killings that have been a source of tension between ...
Metaverse has set off no alarms or need for controls yet
The metaverse, shared virtual worlds accessible through the internet, has not triggered any concerns so far or the need for legislation to rein it in, EU antitrust chief Margrethe Vestager ...
ChatGPT’s explosive growth shows first decline in traffic since launch
ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analytics firm ...