High tide! Italy police find two tonnes of cocaine floating at sea
Almost two tonnes of cocaine with a market value of more than 400 million euros were found floating at sea off eastern Sicily, in what Italy’s tax and customs police ...
Articles
US journalist Gershkovich’s appeal against pre-trial detention rejected by Russian court
US journalist Evan Gershkovich’s appeal against his pre-trial detention in a Moscow prison was rejected by a Russian court on Tuesday.
Gershkovich has been ordered to be held at ...
UBS makes changes to buyback programme following Credit Suisse takeover
UBS (UBSG.S) on Tuesday said it was making changes to its $6 billion share buyback programme following its takeover of Credit Suisse (CSGN.S).
UBS said it will use some ...
US financial institutions hit by deposit flight as clients seek higher returns
Deposits at three financial institutions fell in the first quarter as the industry’s biggest crisis in more than a decade prompted a flight of funds, with customers seeking better ...
What’s behind Sudan’s crisis?
Fighting has erupted in Sudan’s capital Khartoum and at other sites across the country as powerful rival military factions battle for control, increasing the risk of a nationwide civil ...
Watchdog sees fault in EU Commission tobacco contacts
The European ombudsman has made an initial finding that the European Commission’s failure to be fully transparent about its meetings with the tobacco industry constitutes maladministration and is demanding ...
Chelsea not ‘broken’, normal for Boehly to address squad – Lampard
Chelsea are not a broken team and the club’s co-owner Todd Boehly had every right to address the squad he has invested in, manager Frank Lampard said on Monday ...
Protesters halt play at world snooker championship
A ‘Just Stop Oil’ protestor halted the world snooker championship on Monday night after he climbed onto a table and scattered a bag of orange powder paint over the green ...
Joy for Jota as Liverpool thump Leeds 6-1 at Elland Road
Liverpool banished their away day blues as Diogo Jota and Mohamed Salah grabbed two goals each in an emphatic 6-1 victory at lowly Leeds United on Monday, a record home ...
UK unemployment edges up but pay growth beats forecasts
Britain’s unemployment rate rose unexpectedly in the three months to February but pay growth stayed higher than forecast, highlighting the dilemma for the Bank of England (BoE) as it ...
Renault reviewing prices worldwide after Tesla cuts
French carmaker Renault (RENA.PA) is reviewing its pricing policies of electric cars worldwide to ensure it stays competitive after a wave of price cuts by US rival Tesla Inc (...
Putin visits two regions in Ukraine as G7 condemn nuclear plan
Russian President Vladimir Putin has visited security forces in parts of Ukraine that Russia says it annexed last year, as Group of Seven foreign ministers meeting in Japan condemned a ...
US sets $259 million F-16 equipment sale to Turkey
President Joe Biden’s administration notified Congress of the planned sale to Turkey of avionics software upgrades for its current fleet of F-16 fighter aircraft, a deal valued at up ...
Ferrari fever: Classic cars roar into investment funds
In 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife complained it was too noisy, recounts Andrea Modena, head of Ferrari’s classic car division. It was either her or ...
Sudan’s RSF leader Hemedti says ‘discussed pressing issues’ with Blinken
Sudan’s paramilitary Rapid Support Forces (RSF) leader General Mohamed Hamdan Dagalo, known as Hemedti, spoke with U.S. Secretary of State Antony Blinken on the phone and “discussed pressing ...
Tesla’s Shanghai plant, targeted by worker protest, is key hub for EV maker
Workers from Tesla’s (TSLA.O) Shanghai factory have taken the unusual step of posting on social media to appeal to Elon Musk and the Chinese public after being told ...
Moody’s outlook downgrade fuels split reaction in Israel
Israel’s finance minister on Sunday said Moody’s decision to cut the outlook for Israel’s sovereign credit rating was “not a big drama” and reiterated his stance that ...
IMF sees high rates, oil prices and inflation worries in Middle East
Banks in the Middle East and Central Asia have very limited exposure to last month’s banking turmoil in the United States and Europe, but financial pressures are adding to ...
Emergency Credit Suisse rescue shakes faith in Switzerland
Switzerland’s tradition of dependable consensus politics has taken a battering after the government used an emergency law to push through a state-backed mega-merger of UBS (UBSG.S) and Credit ...
Birkin bag maker Hermes sees no US slowdown as sales jump 23 per cent
Sales at Birkin bag maker Hermes (HRMS.PA) rose 23 per cent in the first quarter, above market expectations, as wealthy shoppers in China and Europe splurged on luxury fashion and ...
US warship sails through Taiwan Strait following China war games
The US warship USS Milius sailed through the Taiwan Strait on Sunday, in what the US Navy described on Monday as a “routine” transit, just days after China ended its ...
Sudan’s army pounds paramilitary bases with air strikes
Sudan’s army appeared to gain the upper hand on Sunday in a bloody power struggle with rival paramilitary forces, pounding their bases with air strikes, said witnesses.
At least 97 ...
Tesla expands discounts with price cuts in Europe, Singapore, Israel
Tesla Inc (TSLA.O) on Friday slashed prices for its electric vehicles in Europe, Israel and Singapore, expanding a global discount drive it began in China in January while raising ...
Arsenal squander two-goal lead again, United up to third
Arsenal’s Premier League title jitters returned in a potentially costly 2-2 draw at West Ham United on Sunday as for the second week in a row they threw away ...