Turkish central bank details policy simplification measures
The Turkish Central Bank said on Tuesday it had set the monthly growth limit for lira commercial loans at 2.5 per cent, down from a previous 3 per cent, excluding export, investment ...
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Apple faces $1 bln UK lawsuit by apps developers over app store fees
Apple (AAPL.O) on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees.
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Philippines stun co-hosts New Zealand with Wellington win
Forward Sarina Bolden headed the winner as the Philippines spoiled co-hosts New Zealand’s party with a stunning 1-0 victory in their Women’s World Cup Group A clash on ...
Body of Obamas’ personal chef recovered from Martha’s Vineyard lake
A missing paddle boarder whose body was recovered from a lake in the Massachusetts resort community of Martha’s Vineyard was the personal chef to former President Barack Obama, authorities ...
Korean coach Bell fumes about lack of VAR on penalty call
After numerous games at the Women’s World Cup have been halted for video assistant referee (VAR) review, South Korea coach Colin Bell angrily wondered why there was no VAR ...
Wildfires in Greece burn for days, more tourists expected to fly out
Greece battled to contain wildfires on the island of Rhodes for a seventh day on Tuesday, as hundreds of tourists who had been forced to evacuate in previous days were ...
The problem with X? Meta, Microsoft, hundreds more own trademarks to new Twitter name
Billionaire Elon Musk’s decision to rebrand Twitter as X could be complicated legally: companies including Meta (META.O) and Microsoft (MSFT.O) already have intellectual property rights to the ...
White House says it does not back Ukraine attacks inside Russia
The White House said it did not support Ukraine launching attacks inside Russia after two drones from Ukraine damaged buildings in Moscow earlier on Monday.
“As a general matter we ...
Worsening eurozone business downturn reignites recession fears
Eurozone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined while factory output fell at the fastest pace since COVID-19 ...
Adidas gets $565 mln in orders for first batch of unsold Yeezy shoes
Adidas (ADSGn.DE) got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy shoes, better than the company’s “most optimistic forecast,” the Financial Times ...
UBS agrees to pay $388 million over Credit Suisse’s Archegos failings
UBS UBSG.S has been ordered to pay $388 million to British and U.S. regulators over Credit Suisse‘s dealings with private investment firm Archegos Capital Management, the Swiss bank ...
Wildfires kill 34 in Algeria as heatwave sweeps north Africa (Update)
The death toll as wildfires sweep across regions of Algeria has risen to 34 people including 10 soldiers on Monday, the interior ministry said, as a heatwave spreads across north Africa and ...
North Korea fires two missiles after U.S. submarine arrives in South
North Korea fired two ballistic missiles into the sea off its east coast late on Monday, South Korea’s military said, hours after a U.S. nuclear-powered submarine arrived in ...
Putin ally accuses US of planning cyberattacks on Russia
Russian Security Council Secretary Nikolai Patrushev accused the United States on Monday of planning cyberattacks against Russia’s “critical information infrastructure”, state media reported on Monday.
Patrushev was quoted as ...
Britain’s first £1m footballer Trevor Francis dies at 69
Former England forward Trevor Francis has died at the age of 69 after suffering a heart attack, his family said on Monday.
Francis started his playing career at Birmingham City in 1970 ...
Protests rage as Israel passes contested curbs on some Supreme Court powers (Update)
Israel’s parliament on Monday ratified the first bill of a judicial overhaul sought by Prime Minister Benjamin Netanyahu, after last-gasp compromise efforts collapsed and failed to ease a constitutional ...
Before election, UK’s Sunak recommits to housing promises
British Prime Minister Rishi Sunak recommitted on Monday to promises to boost homebuilding by the next election to tackle a lack of housing stock that has alienated many younger voters ...
OpenAI’s Sam Altman launches Worldcoin crypto project
Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday.
The project’s core offering is its World ID, which the company describes as a “digital passport” ...
Oil rally takes a breather ahead of Fed, ECB rate hikes
Oil prices eased on Monday as traders awaited more rate hike cues from US and European central banks, with tightening supply and hopes for Chinese stimulus underpinning Brent at $80 a ...
Russia attacks Ukraine’s vital Danube export route in widening strikes
Russia destroyed Ukrainian grain warehouses on the Danube River and wounded seven people in a drone attack on Monday, expanding the target area of an air campaign it launched last ...
Popp doubles down as Germany maul Morocco 6-0
Talismanic captain Alexandra Popp scored a brace as Germany launched their bid for a third Women’s World Cup title with a 6-0 demolition of debutants Morocco on Monday.
In ...
Dead EV batteries turn to gold with US incentives
A little-publicized clause in the US Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America, putting the region at the forefront of a global race ...
Tourists flown home as wildfires rage on Greek islands
Tour operators flew home nearly 1,500 holidaymakers at the start of a mass evacuation from wildfires raging on the Greek island of Rhodes on Monday and officials said the threat of ...
Companies buy into suppliers to secure deliveries, hit green targets
Major brands, including the investment arm of the IKEA group, are following automakers’ lead in snapping up stakes in suppliers of raw materials and energy, seeking greater control over their ...