Modern slavery on the rise as crises fuel poverty – UN report
The number of people forced into modern forms of slavery has risenby a fifth in recent years to around 50 million on any given day amid a surge in poverty and ...
Scottish police make three arrests over protests following queen’s death
Scottish police said they had made three arrests in Edinburgh relating to breaches of the peace – causing a disturbance – on Sunday and Monday as Queen Elizabeth’s coffin was moved ...
EU plans to make fossil fuel firms share excess profits, draft shows
The European Commission wants to force fossil fuel firms that have pocketed gains from soaring energy prices to make a financial contribution to help citizens and industries grappling with sky-high ...
EU regulator backs Pfizer/BioNTech BA.4/5-adapted Covid booster
The European Medicines Agency (EMA) on Monday recommended a COVID-19 booster designed to combat the currently circulating Omicron BA.4/5 subvariants, days after endorsing a pair of boosters tailored to target ...
From free crumpets to store discounts, UK grocers lure workers
With job vacancies in Britain close to a record high, retailers including Tesco Plc TSCO.L have begun offering better perks to workers, enticing them with free food and essentials ...
UN human rights expert decries ‘descent towards authoritarianism’ in Afghanistan
A U.N. expert said on Monday that human rights had deteriorated under the Taliban, describing a “staggering repression” of women and girls and “descent towards authoritarianism”.
Richard Bennett, the ...
Winds of change shift Germany’s economic power northwards
Germany’s wet and windswept north has long lacked the economic appeal of the industrial south but the green transition and an energy crisis sparked by war in Ukraine is ...
IMF eyes expanded access to emergency aid for food shocks
The International Monetary Fund is looking for ways to provide emergency funding to countries facing war-induced food price shocks and will discuss measures at an executive board meeting on Monday, ...
EU readies energy package, countries split over gas price cap
The European Union is set to unveil a package of proposed emergency measures this week including a windfall profit levy on energy firms, but countries are split over the details ...
Oil prices drop amid China COVID curbs, possible rate hikes
Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further interest rate hikes in the United States and ...
Iran says ready for nuclear cooperation but threatens it can hit Israeli cities with drones
Iran said on Monday it was ready to continue cooperating with U.N. nuclear watchdog while revealing a drone capable of hitting major cities in Israel, which has threatened to ...
Euro jumps to 3-week high amid hawkish ECB signals, dollar idles
The euro jumped to a more than three-week peak versus the dollar on Monday, and sterling rose to the highest this month as European Central Bank officials pushed the case ...
UK economy shows signs of strain from surging prices
Britain’s economy grew by less than expected in July, with a fall in power production possibly reflecting the sharp climb in energy tariffs and the construction sector also hit ...
Israel’s El Al Airlines agrees to repay state’s COVID loan by year end
El Al Israel Airlines (ELAL.TA) plans to repay a $45 million loan that it took from the government during the COVID-19 pandemic by the end of the year, under a ...
Swedish right opposition inches ahead in election cliff-hanger
Sweden‘s right bloc inched into the narrowest of leads with around 90% of votes counted after Sunday’s general election, with results pointing to a new government after eight years ...
Ukraine accuses Russia of attacking power grid in revenge for offensive
Ukraine accused the Russian military of attacking civilian infrastructure in response to a rapid weekend offensive by Ukrainian troops that forced Russia to abandon its main bastion in the Kharkiv ...
ECB governors see rising risk of rate hitting 2 per cent to curb inflation
European Central Bank policymakers see a rising risk that they will have to raise their key interest rate to 2 per cent or more to curb record-high inflation in the euro ...
Payments giants to apply new code identifying sales at US gun stores
Visa Inc (V.N), the world’s largest payments processor, said on Saturday it will implement a new merchant category code for US gun retailers, which will identify transactions at ...
Turkey’s central bank reserves boosted by friendly country support, Erdogan says
The Turkish central bank’s foreign currency reserves are getting stronger as friendly countries are providing support, President Tayyip Erdogan said, broadcaster Haberturk reported on Friday.
The central bank’s ...
UAE H1 tourism revenues top $5 bln – vice president
The United Arab Emirates’ tourism revenues were 19 billion dirhams ($5.17 billion) in the first half of 2022, its vice president said on Sunday in a tweet.
Numbers of hotel guests rose 42 per ...
On 9/11 anniversary, Biden recalls American unity, vows vigilance
U.S. President Joe Biden invoked the memory of America’s united response to the Sept. 11, 2001 attacks by al Qaeda and vowed to “never give up” in the face of ...
Death toll from migrant shipwreck off Tunisia rises to 11
he death toll from a migrant shipwreck off Tunisia last week has risen to 11, most of them Tunisians, as they tried to cross the Mediterranean to Italy, TAP state news ...
France, Romania to agree deal to boost Ukrainian grain exports
France’s transport minister said on Sunday he would sign an agreement with Romania to help increase Ukrainian grain exports to developing countries including to the Mediterranean.
Ukraine’s grain ...
Xi leaves China for first time since Covid pandemic began to meet Putin
Xi Jinping will leave China this week for the first time in more than two years for a trip to Central Asia where he will meet Vladimir Putin just a ...