Oil dips as dollar firms while more rate hikes loom
Oil prices dipped in Asian trade on Thursday as the dollar firmed, while the possibility of further interest rate hikes from global central banks also heightened demand concerns.
Brent crude ...
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Putin says Russia will fight sanctions with shift in trade and energy flows
President Vladimir Putin said on Thursday that Russia would expand trade cooperation with new partners, including by sharply increasing gas exports to China, to combat Western sanctions.
When spending on ...
ECB slows rate hikes but pledges continued inflation fight
The European Central Bank raised interest rates for the fourth time in a row on Thursday, although by less than at its last two meetings, pledged further hikes and laid ...
Boris Becker freed from UK prison, expected to be deported
German tennis star Boris Becker, 55, has been freed from a British prison, the government said on Thursday, meaning he is now expected to be deported from the country.
In April, ...
Harry accuses Prince William of screaming at him, his aides of leaking stories
Prince Harry and his wife Meghan piled fresh criticism on the British royal family in new episodes of their Netflix documentary series released on Thursday, accusing his elder brother Prince ...
In a first, Turkish court arrests journalist under ‘disinformation’ law
A court ordered the arrest of a journalist in southeast Turkey for allegedly spreading “disinformation”, his lawyer said on Thursday, marking the first pre-trial detention under a new law that ...
Bank of England readies another rate hike even as recession hits
A ninth interest rate hike in a row by the Bank of England looks to be a foregone conclusion on Thursday and investors will be looking for clues on how ...
FIFA, UEFA rules compatible with EU competition rules, court adviser says
UEFA and FIFA’s rules giving them the right to block clubs from joining a breakaway league and penalise players who do so are compatible with EU antitrust laws, an ...
Britain Plc buckles up for sale season as UK shares look cheap
As a turbulent 2022 draws to a close, British companies are fastening their seat belts as bankers and investors anticipate a surge in takeover activity because of the depressed pound and ...
Barclays weighs Saudi re-entry amid capital markets boom
Barclays (BARC.L) is exploring a return to Saudi Arabia in a bid to capture a slice of the country’s burgeoning capital markets, two people close to the matter ...
Ukraine says Russia digging in for long war as Christmas truce ruled out
A Ukrainian general said on Thursday that Moscow was digging in for a long war and still wanted to conquer the whole of Ukraine, as Russian forces pounded two strategic ...
Paris celebrates win after high-stakes World Cup clash with Morocco
Supporters poured into Paris’s freezing Champs-Elysees boulevard on Wednesday night after a World Cup semi-final between France and Morocco which for millions tugged at the heartstrings, as “Les Bleus” ...
Whole world can be proud of Morocco, says coach Regragui
Morocco leave Qatar disappointed but filled with pride at having written their names into the history books by becoming the first African team to reach the World Cup semi-finals, their ...
‘What a tragic day’: British nurses strike in bitter pay dispute
National Health Service nurses in Britain staged a strike on Thursday, their first-ever national walkout, as a bitter dispute with the government over pay ramps up pressure on already-stretched hospitals ...
Turks driven out of Antalya as Russian influx drives up rents, property prices
Anzhelika is one of many Russians who moved to the Turkish resort of Antalya after Russia’s invasion of Ukraine, but their arrival has driven up house prices and rents, ...
China urges vaccines for vulnerable as ‘zero-COVID’ exit turns messy
China raced to vaccinate its most vulnerable people on Thursday in anticipation of waves of COVID-19 infections, with some analysts expecting the death toll to soar after a loosening of ...
EU leaders head for tussle over rescue plans for industry
European Union leaders will argue on Thursday over how to prop up their countries’ industries, which have been whacked by soaring energy prices since the outbreak of war in Ukraine ...
Musk’s banks to book Twitter loan losses, avoid big hits
Some of the banks that lent Elon Musk $13 billion to buy Twitter are preparing to book losses on the loans this quarter, but they are likely to do so in ...
France end Morocco fairytale to reach World Cup final
France will take on Argentina in the World Cup final after beating Morocco 2-0 in an absorbing semi-final on Wednesday to stay on course for a successful title defence and ...
Georgia’s Saakashvili renews, then calls off hunger strike over court delays
Georgia’s jailed ex-President Mikheil Saakashvili declared a new hunger strike then abandoned it within hours on Wednesday as he faced further delay in a legal bid to get medical ...
Colombian government calls on rebel group to suspend planned armed strike
Colombia’s government on Wednesday called on the National Liberation Army (ELN) rebel group to suspend a so-called armed strike planned for the northwest of the country, after advocacy group ...
Eyeing China, Biden says U.S. is ‘all in’ on Africa
With a wary eye on China, President Joe Biden announced an agreement aimed at bolstering trade ties between the United States and Africa on Wednesday after years in which the ...
Iran ousted from UN women’s body after US campaign
Iran was ousted from a United Nations women’s body on Wednesday for policies contrary to the rights of women and girls, a move proposed by the United States after ...
Turkish court orders jail, political ban for Erdogan rival
A Turkish court sentenced Istanbul Mayor Ekrem Imamoglu to jail on Wednesday and imposed a political ban on the opposition politician who is seen as a strong potential challenger to ...