ECB raises rates by 25 bps in inflation fight
The European Central Bank raised interest rates by 25 basis points to 3.25 per cent as expected on Thursday and said it would stop reinvesting cash from maturing debt in its 3.2 trillion ...
Articles
Ex-OpenSea manager convicted in NFT insider trading case
A former product manager at non-fungible token (NFT) marketplace OpenSea was convicted on Wednesday of fraud and money laundering for using inside knowledge of which assets would be featured on ...
Moscow says US behind Kremlin drone attack, Russian forces target Kyiv
Russia said on Thursday that the United States was behind what it says was a drone attack on the Kremlin that aimed to kill President Vladimir Putin, while Moscow’s ...
Greece warned shipowners days before Iran seized tankers
Greece issued a series of warnings to shipowners to avoid sailing close to Iranian waters days before Tehran seized two tankers amid heightening tensions in the region, according to documents ...
Europeans drain billions from banks, fed up with shrinking savings
European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up to hold on to deposits some feel they can currently ...
Turkey gifts Mexico adorable pup after a rescue dog was lost on quake duty
Mexico’s army welcomed a new search puppy on Wednesday, gifted from Turkey following the death in the line of duty of a Mexican rescue dog who had been helping ...
Italian foreign minister calls off Paris trip after French ‘insults’
Italian Foreign Minister Antonio Tajani called off a trip to Paris on Thursday, saying the French interior minister had offended Italy and its Prime Minister Giorgia Meloni with unacceptable “insults”.
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As sales decline, Adidas faces pressure to find Yeezy fix
Adidas (ADSGn.DE) is set to update investors on Friday about the unsold Yeezy shoes that have put the German sportswear giant in a predicament since it cut ties with ...
Oil prices recover after three-day plunge; demand worries linger
Oil prices rose on Thursday but were unable to claw back the more than 9 per cent decline during the previous three days as demand concerns in major consumers overrode signals ...
Heavy fighting in Khartoum as power struggle rages
Fierce fighting could be heard in central Khartoum on Thursday as the army tried to push back the paramilitary Rapid Support Forces (RSF) from areas around the presidential palace and ...
Surgery rules Raducanu out of French Open and Wimbledon
Britain’s Emma Raducanu will miss the French Open and Wimbledon while she recovers from surgery on her wrists and ankle, the former U.S. Open champion said on Wednesday.
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Ronaldo tops Forbes’ highest-paid athletes list after Saudi move
Cristiano Ronaldo became the world’s highest-paid athlete after his move to Saudi Arabian side Al-Nassr nearly doubled his annual playing salary while Paris St Germain duo Lionel Messi and ...
Israel says its forces killed Palestinian gunmen who shot British-Israelis
Israeli forces on Thursday killed two Palestinian gunmen who had shot dead a British-Israeli mother and her two daughters in April in the occupied West Bank, Israel’s domestic security ...
Serbian school gunman cannot be held criminally responsible due to age
A 13-year-old boy gunned down eight fellow pupils and a security guard in a Belgrade school on Wednesday in a planned attack, prompting Serbia’s president to announce tougher curbs ...
Fed raises rates to the highest level in 16 years
The Federal Reserve moved its management of the post-pandemic economic recovery into a new phase with what may be the last in a historic series of interest rate hikes and ...
Explosions heard in Kyiv, other Ukrainian cities – authorities
Explosions were heard in the Ukrainian capital Kyiv and other cities in the early hours of Thursday morning, officials and media outlets said, with some local authorities reporting that anti-aircraft ...
Top US CEO pay rose 7.7 per cent last year, outpacing inflation, study finds
Median pay for top US CEOs rose 7.7 per cent last year to a record $22.3 million, a new study found, as big stock awards helped the group stay ahead of inflation ...
Turkish inflation slows to 44 per cent ahead of landmark election
Turkish annual inflation slowed to 43.68 per cent in April, official data showed on Wednesday, easing ahead of elections that polls show President Tayyip Erdogan risks losing largely due to a ...
Haaland breaks Premier League record as Man City reclaim top spot
Manchester City’s Erling Haaland scored his record-breaking 35th Premier League goal of a stupendous season to help secure a 3-0 victory against West Ham United that sent his side ...
WHO dismisses lead COVID origins investigator for sexual misconduct
The World Health Organization said on Wednesday that it has dismissed a senior scientist, known for his role as the head of an international mission to China to probe the ...
Shooting at Atlanta medical building leaves at least one dead, police say
At least one person was killed in a lunchtime shooting at a medical building in a busy commercial area of Atlanta, and the suspected gunman was still at large, police ...
Ukraine tried to assassinate Putin by drone – Kremlin
Russia accused Ukraine on Wednesday of a failed attempt to assassinate President Vladimir Putin in a drone attack on the Kremlin citadel in Moscow, and threatened to retaliate.
Ukrainian President ...
France’s Constitutional Council rejects bid for pension referendum
French President Emmanuel Macron’s deeply unpopular pension law passed another hurdle on Wednesday when the Constitutional Council rejected a second bid by political opponents to hold a referendum on ...
UN says aid trucks looted in ‘volatile’ Sudan, urges safe passage
The United Nations said on Wednesday it was seeking assurances from Sudan’s warring factions on the safe delivery of aid after six trucks of humanitarian supplies were looted and ...