Intel spends $33 billion in Germany in landmark expansion
Intel (INTC.O) will spend more than 30 billion euros ($33 billion) to develop two chip-making plants in Magdeburg as part of its expansion push in Europe, a deal Chancellor Olaf Scholz ...
Articles
Greek migrant tragedy death toll rises, suspects detained
The suspected smugglers of scores of migrants who drowned in a Mediterranean Sea shipwreck last week are expected to face manslaughter charges in a Greek court this week, while Pakistan ...
Russia launches overnight air attack on Ukraine from east to west
Russia launched a widespread overnight air attack on Ukraine targeting the capital and cities from east to west as most of the country spent the night with air raid sirens ...
Dubai chases long-term growth as property booms, seeks to blunt debt risk
Buoyed by a swift economic rebound post-COVID, Dubai is racing to attract people and capital to drive long-term growth, betting it can avoid past debt crises that dented its global ...
UK manufacturers lift 2023 outlook, boosted by aircraft and electronics
Britain’s main manufacturing trade body Make UK revised up its outlook for this year on Monday thanks to strong demand for aircraft and electronics, but said it still expects ...
British supermarket Morrisons cuts prices of nearly 50 products
British supermarket Morrisons said on Monday it was cutting the prices of 47 products by an average of over 25 per cent, in another sign that a surge in inflation might be ...
Killer putts lacking in McIlroy’s runner-up finish at US Open
Searching for the end of his nine-year major championship drought, Rory McIlroy managed to beat 154 players in the field at the 123rd U.S. Open.
Only one player topped him, ...
Heavens above! Church of England clergy demand pay rise for first time in history
Even the clergy are not immune from Britain’s cost-of-living crisis, which has now forced Church of England vicars to make a formal pay claim for the first time in ...
Russia bars media from new ‘extremism’ case against Navalny
The trial of Russian opposition leader Alexei Navalny on new charges of ‘extremism’ will take place behind closed doors, a court spokesman said on Monday.
The decision means media will ...
With scores missing from shipwreck, families flock to Greek migrant camp
Inside a fenced migrant camp near Athens, relatives hugged survivors on Monday while others refused to abandon hope of finding loved ones who were among the scores missing after one ...
Berlin to sign agreement with Intel after chip plant talks
The German government and Intel (INTC.O) are expected to ink a deal over the US chipmaker’s planned factory in Dresden, capping months of talks over subsidies needed for ...
Rodgers returns to Celtic as manager
Celtic have appointed Brendan Rodgers as manager on a three-year contract, the Scottish Premiership side said on Monday.
Rodgers, who was sacked by Leicester City last season, previously managed Celtic ...
Swedish defence must adapt to match ‘long-term’ Russian threat
A special Swedish parliamentary defence committee said on Monday the country’s defence must focus on the threat posed by Russia and a military attack could not be ruled out.
...
Russian spy chief flags ‘suspicious’ Ukrainian nuclear activity
One of Russia’s top spymasters said on Monday he hoped that the U.N. nuclear watchdog and the European Union would look into Ukrainian nuclear activity that he said ...
Xi, Blinken agree to stabilise US-China relations in rare Beijing talks
China and the United States agreed on Monday to try and stabilise their intense rivalry to avoid veering into conflict, but did not announce any major breakthroughs during a rare ...
Ukraine says eight villages retaken from Russian forces (Update)
Ukraine said on Monday it had driven Russian forces out of an eighth village in its two-week-old counteroffensive, a settlement on a heavily fortified part of the front line near ...
Surging mortgage rates bring early summer slowdown for UK housing market
Asking prices for British homes fell in June for the first time in six years, indicating an earlier-than-usual summer slowdown amid mortgage market turmoil and expectations of further Bank of ...
Oil falls amidst market growth uncertainties
Oil prices fell on Monday as questions over China’s economy outweighed OPEC+ output cuts and the seventh straight drop in the number of oil and gas rigs operating in ...
Dutch striker Promes jailed for stabbing cousin
A Dutch court has sentenced Spartak Moscow striker Quincy Promes in absentia to 18 months in jail for assault, in connection with a fight in 2020 in which he stabbed a cousin ...
Fourteen suspects arrested in Pakistan over Greece boat disaster
Pakistani authorities have arrested 14 people in connection with the alleged trafficking of several migrants who drowned last week after their overloaded boat capsized in the sea off Greece, police said.
...
Russia says one of its warships rescued 68 passengers from boat in Mediterranean
A Russian warship and cargo ship rescued 68 people overnight from a boat in the Mediterranean Sea, Russia’s Defence Ministry said on Monday.
It said in a statement that the ...
Israeli troops, backed by helicopter, kill 3 Palestinians in clash
Israeli commandos backed by a military helicopter killed three Palestinians, including a teenager, and wounded at least 29 others during a fierce clash in the occupied West Bank on Monday, local ...
Europe’s brief window of market outperformance swings shut
European equities and the euro look set to lose out to US markets in the months ahead, as a stellar run in early 2023 has fizzled out in the face of ...
Russia rejects UN help as death toll from breached Kakhovka dam rises
Moscow declined United Nations offers to help residents affected by the flooding from the breached Kakhovka Dam, the world body said on Sunday, as the death toll rose and filthy ...