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 ...
Articles
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 ...
Thousands of Czechs turn out for anti-government protest
Thousands of Czechs demonstrated in Prague’s central square on Sunday, calling on the government to quit as they protested over high inflation and energy prices.
Police did not give ...
Sixteen dead, 9 injured in Dubai residential building fire – local media
Sixteen people were killed and nine were injured in a Dubai residential building fire on Saturday, local newspapers said on Sunday citing the Dubai Civil Defence.
The fire engulfed the ...
Sudan military rivals fight for power, scores of combatants and 56 civilians killed
Sudan’s military launched air strikes on a paramilitary force’s base near the capital in a bid to reassert control over the country on Sunday following clashes in which ...
Sudan military rivals fight for power, scores of combatants and 56 civilians killed
Sudan’s military launched air strikes on a paramilitary force’s base near the capital in a bid to reassert control over the country on Sunday following clashes in which ...
Boeing shares tumble as parts issue halts deliveries of some 737 MAXs
Boeing Co’s (BA.N) shares fell 6 per cent in premarket trading on Friday after the US planemaker halted deliveries of some 737 MAXs due to a new supplier quality problem ...
Japan approves $13.5 bln Osaka resort, country’s first casino
Japan on Friday approved a plan to build the country’s first casino in the western city of Osaka, paving the way for a 1.8 trillion yen ($13.5 billion) resort set to ...
Zelenskiy discussed Macron’s China visit with him- Kyiv
Ukraine’s President Volodymyr Zelenskiy held a call with his French counterpart Emmanuel Macron on Saturday in which the leaders discussed Macron’s visit to China, Zelenskiy said.
Macron visited ...
Polish government bans grain and food imports from Ukraine
The Polish government has decided to ban imports of grain and other food from Ukraine to protect the Polish agricultural sector, the leader of the ruling Law and Justice Party (...
As Putin signs new law on draft, Russia says spring call-up is running as planned
Russia’s regular spring military draft campaign is proceeding as scheduled and there are no plans to send out mass electronic notices under a new system just signed into law ...
Iran vows crack down on people who promote removing the veil
People who encourage women to remove the hijab will be prosecuted in criminal courts and will have no right of appeal against any conviction, Iran‘s deputy attorney general was ...
Sudan paramilitaries say they have seized presidential palace in apparent coup bid (Updated)
Sudan’s main paramilitary group said it had seized the presidential palace, the army chief’s residence and Khartoum international airport on Saturday in an apparent coup attempt but the ...
Orthodox Christians await Holy Light in Jerusalem under heavy police restrictions
Thousands of Palestinian Christians and pilgrims from around the world filled Jerusalem’s Old City on Saturday to celebrate the Orthodox Holy Light ceremony, under a heavy Israeli police presence ...
Atomic ‘angst’ over? Germany closes last nuclear plants
Germany will pull the plug on its last three nuclear power stations by Saturday, ending a six-decade programme that spawned one of Europe’s strongest protest movements but saw a ...
Macron signs contested pension bill into law, protesters vow to fight on (Updated)
French President Emmanuel Macron has signed into law a bill to raise the state pension age that sparked mass protests, the government’s official journal showed on Saturday.
The proclamation ...
Airman suspected of leaking secret US documents hit with federal charges
A 21-year-old member of the U.S. Air National Guard accused of leaking top secret military intelligence records online was charged on Friday with unlawfully copying and transmitting classified material.
...
U.S., Vietnam say they hope to boost ties as Blinken visits Hanoi (Updated)
Vietnamese Prime Minister Pham Minh Chinh and U.S. Secretary of State Antony Blinken on Saturday expressed a desire to deepen and upgrade their ties as Washington seeks to solidify ...
Japan PM Kishida evacuated unhurt after explosion at speech (Updated)
Japanese Prime Minister Fumio Kishida was evacuated unhurt after a suspect threw what appeared to be a smoke bomb at an outdoor speech in western Japan on Saturday, domestic media ...