Britain sets price floor on oil and gas windfall tax
Britain’s windfall tax on oil and gas producers will not be applied if prices drop to certain levels for six months in a row, the finance ministry said on ...
Erdogan names Hafize Gaye Erkan to head Turkey central bank, policy pivot expected
President Tayyip Erdogan on Friday appointed Hafize Gaye Erkan, a finance executive in the United States, to head Turkey’s central bank, which is widely expected to reverse course and ...
Canadian smoke blankets US capital, reaches Norway
The shroud of polluted air emanating from Canadian wildfires pushed further down the Atlantic Seaboard, blanketing Washington, D.C., in an unhealthy haze and prompting many residents of the nation’...
EU ministers seal ‘historic’ migration deal
European Union ministers agreed on Thursday on how to share out the responsibility for looking after migrants and refugees, after 12 hours of negotiations got Italy and Greece to sign up ...
China to build spy base in Cuba, WSJ says; US casts doubt on report
China has reached a secret deal with Cuba to establish an electronic eavesdropping facility on the island roughly 100 miles (160 km) from Florida, the Wall Street Journal said on Thursday, but ...
US lowers alert for Hawaii’s Kilauea volcano after eruption
The U.S. Geological Survey (USGS) said on Thursday it was lowering a safety alert for Hawaii’s Kilauea volcano, a day after warning that a new eruption had taken ...
Kremlin says ammonia pipeline blast is negative for Black Sea grain deal
The Kremlin said on Thursday that there would be a “negative impact” on the fate of a Black Sea grain deal from a blast which damaged a pipeline used to ...
Sunak, Biden sign new US-UK agreement on clean energy, AI
U.S. President Joe Biden and British Prime Minister Rishi Sunak on Thursday agreed to deepen close economic ties between the United States and Britain, pledging to accelerate the clean ...
Smoky, dangerous haze parked over US east coast for second day
A smoky yellow haze generated by hundreds of Canadian wildfires hovered over a large swath of the United States on Thursday, threatening to make breathing difficult and disrupting air travel ...
Zelenskiy visits flood-stricken areas to assess scale of disaster
Ukraine’s President Volodymyr Zelenskiy visited the flood-stricken southern region of Kherson on Thursday to assess the scale of devastation after the destruction of a huge dam whose waters submerged ...
Pope in good condition after night in hospital, post-op tests good
Pope Francis was in good general condition on Thursday morning after his first night in hospital following abdominal surgery, had rested well and the results of the first post-operation tests ...
Japan ruling on same-sex marriage disappoints but ‘a step forward’
A Japanese court on Thursday said a ban on same-sex marriage was constitutional but it raised concerns about the dignity and human rights of same-sex couples, a ruling short of ...
Turkish lira extends losses as Ankara loosens grip on forex market
Turkey’s lira weakened 0.8 per cent to a record low on Thursday, extending losses after a heavy selloff in the previous session that was seen as a sign of the ...
Eight children injured by knife attack in French town of Annecy
Eight young children and an adult have been injured in a knife attack in Annecy, a town located in the French Alps, French police told Reuters on Thursday.
The children ...
About 600 sq km of Ukraine’s Kherson region under water after dam destroyed
About 600 square kilometres, or 230 square miles, of the Kherson region in southern Ukraine was under water on Thursday following the destruction of the Kakhovka hydroelectric dam, the regional governor said.
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Interior minister to seek solidarity over immigration at EU council
Minister of the Interior Constantinos Ioannou will participate in the deliberations of the EU council of justice and home affairs to be held on Thursday and Friday in Luxembourg.
According ...
UK consumers slow spending in May as rising food costs bite
British retail sales growth slowed to a seven-month low in May as soaring food prices prompted shoppers to rein in spending on non-essential items and dashed hopes of a boost ...
Starbucks brews up cheaper India drinks as domestic rivals expand
Starbucks is revamping its strategy to lure Indians, including children, with smaller, cheaper beverages as it looks to expand in small towns amid a fierce challenge from domestic startups in ...
US proposes training, pilot certification rules for air taxis
The U.S. aviation regulator said on Wednesday it was proposing comprehensive training and pilot certification rules for flying taxis, electric vertical takeoff and landing aircraft (eVTOL), which have been ...
US Supreme Court’s Clarence Thomas delays filing annual financial disclosure
Conservative U.S. Supreme Court Justice Clarence Thomas, under scrutiny over revelations that he did not disclose luxury trips paid for by a billionaire Dallas businessman, has received an extension ...
Croatia seizes $21 mln worth of cocaine at Adriatic port
Croatian police said on Wednesday they had seized 745 kg of cocaine concealed in containers in the northern Adriatic port of Rijeka over the past month and a half, their biggest ...
Israel considers recognition of Morocco’s rule over Western Sahara
Israeli Prime Minister Benjamin Netanyahu’s national security adviser visited Rabat on Wednesday as his government mulls a possible announcement of recognition of Morocco’s sovereignty over disputed Western Sahara, ...
Putin accuses Ukraine of destroying the Kakhovka Dam at behest of West
Russian President Vladimir Putin on Wednesday accused Ukraine of destroying the Kakhovka dam at the suggestion of the West, in what he called a “barbaric” war crime that escalated the ...
Canadian wildfires prompt new evacuations, alarm over air quality
Firefighters battled hundreds of forest blazes on Wednesday as Canada’s worst-ever early season wildfires prompted the evacuation of thousands and a blanket of smoky air wafting over U.S. ...