Hike and then?: Five questions for the ECB
The European Central Bank looks set to pull the rate-hike trigger on Thursday, but what it will do after July is less certain and financial markets are craving some guidance.
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Russia talks of retaliation after ‘Ukrainian drone strike’ near Moscow army HQ
Russia spoke of taking harsh retaliatory measures against Ukraine after two drones damaged buildings in Moscow early on Monday, including one close to the Defence Ministry’s headquarters, in what ...
Spain faces political uncertainty after right fails to win predicted majority
Spaniards were greeted by political gridlock on Monday after the right failed to clinch a predicted decisive victory and no clear winner emerged in the country’s general election.
The ...
Repatriation flights head for Greece as wildfires force tourists to flee
Wildfires burned across Greece on Monday, forcing people to be evacuated from a beach on the island of Corfu while tourists crowded an airport on Rhodes after thousands fled hotels ...
Turkey raises euro rate for medicine prices by 30.5 per cent
Turkey has raised the euro-lira conversion rate for medicine prices by 30.5 per cent to 14.0387 lira per euro, the country’s Official Gazette showed on Sunday.
The updated conversion rate is ...
US weekly jobless claims unexpectedly fall
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to persistent strength in the labour market.
Initial claims for state unemployment benefits dropped 9,000 to ...
As lab-grown meat hits menus, the next investor hurdle is scaling
Cell-cultivated meat companies could receive new investment since US regulators cleared the product’s sale last month, but the sector must scale up and lower costs to seriously challenge conventional ...
The world’s cheapest Domino’s pizza is in inflation-hit India. It costs $0.60
Q: How does the world’s biggest pizza brand respond to high inflation in the world’s most populous nation?
A: With the world’s cheapest Domino’s pizza.
The 49...
Netflix quarterly revenue misses forecasts, shares slide
Streaming video pioneer Netflix (NFLX.O) disappointed Wall Street with second-quarter revenue that fell short of analyst estimates, sending shares tumbling nearly 9 per cent in after-hours trading.
The revenue figure, ...
Harman wins The Open by six shots
American Brian Harman won the British Open by six shots after a closing round of 70 at Hoylake on Sunday to claim his first major title.
The world number 26 finished on 13...
England denied by rain as Australia retain Ashes
Australia retained the Ashes after the fourth test at Old Trafford was drawn on Sunday with no play possible on day five due to rain, leaving England trailing 2-1 in ...
Tourists flee wildfire on Greek island of Rhodes (updated)
Thousands of tourists and residents fleeing a wildfire on the Greek island of Rhodes huddled in schools and shelters on Sunday, with many evacuated on private boats from beaches as ...
Verstappen takes Red Bull’s record 12th win in a row
Formula One leader Max Verstappen won the Hungarian Grand Prix by a mighty margin on Sunday as his Red Bull team made history with a record 12th victory in a ...
Italy PM Meloni seeks to build alliance to tackle illegal migration
Illegal flows of migrants are damaging all countries across the Mediterranean, Italian Prime Minister Giorgia Meloni said on Sunday, as she sought to forge a broad alliance of nations to ...
Netanyahu says doing ‘excellently’, plans to attend key reform vote on Monday (updated)
Israeli Prime Minister Benjamin Netanyahu said he was “doing excellently” after an overnight hospitalisation and vowed to be in parliament on Monday to vote for a disputed judicial reform that ...
Race towards ‘autonomous’ AI agents grips Silicon Valley
By Anna Tong and Jeffrey Dastin
Around a decade after virtual assistants like Siri and Alexa burst onto the scene, a new wave of AI helpers with greater autonomy is ...
Small businesses want a piece of Barbie’s world
It is Barbie’s world, and U.S. small businesses hope their social-media marketing can help them cash in on it.
From Malibu makeovers to striped dog bandanas to hot ...
One killed in bridge collapse in the Greek city of Patras
Part of a bridge collapsed on Sunday along a ring road in Patras, Greece’s third-largest city, killing one person and injuring eight, the fire brigade said.
Fire brigade rescuers ...
Russian attack on Odesa kills one, damages cathedral, Ukrainian officials say
A Russian air attack on Ukraine’s southern port of Odesa early on Sunday killed one, injured nearly 20 and badly damaged an Orthodox cathedral, Ukrainian officials said, adding the icon ...
Pope urges world leaders to do more to tackle climate change
Pope Francis said on Sunday that recent heat waves across many parts of the world and flooding in countries such as South Korea showed that more urgent action was needed ...
Ryanair says flights to and from Greek island Rhodes operating as normal
Ryanair RYA.I said on Sunday that its flights to and from the Greek island of Rhodes are operating as normal and unaffected by a wildfire that forced thousands of ...
UK’s Gove warns against treating tackling climate change as ‘religious crusade’
British housing minister Michael Gove warned on Sunday against making tackling climate change “a religious crusade”, days after the governing Conservatives narrowly won a local election by opposing charges for ...
UK band The 1975 cancels Indonesia, Taiwan shows after Malaysia LGBT controversy
British band The 1975 said on Sunday they have cancelled shows in Taiwan and Muslim-majority Indonesia, a day after Malaysia banned them from performing there after their frontman kissed a bandmate ...
Five dead after heavy rains in eastern China, crops damaged in northeast
Five people died and two were missing, after heavy rain burst a river bank in a village near eastern China’s Hangzhou city on Saturday, flooding houses and carrying away ...