German recession will be milder than expected: Ifo
Germany’s recession will be milder than expected, with the economy expected to contract by 0.1 per cent in 2023 compared to a previous forecast of shrinking by 0.3 per cent, the Ifo ...
‘Magnitsky’ dirty Russian money laundering suspect arrested in Spain
A woman has been arrested as part of a probe into a crime gang suspected of laundering dirty money linked to the 219 million euro ($233 million) Magnitsky corruption case in Russia, ...
The supply chain that keeps tech flowing to Russia
In March this year, a new firm appeared in Turkey’s corporate registry. Azu International Ltd Sti described itself as a wholesale trader of IT products, and a week later ...
Police in France prepare for high-stakes match with Morocco
Police in France geared up for the country’s World Cup semi-final against Morocco on Wednesday, after scuffles which followed last week’s Moroccan quarter-final win over Portugal.
Some 10,000 police ...
Qatar’s Q3 surplus soars on higher oil and gas revenue
Qatar posted a budget surplus of 30 billion riyals ($8.19 billion) for the third quarter of 2022, boosted by rocketing oil and gas revenues, the state news agency said on Tuesday, citing data ...
Turkey raises euro rate for medicine prices by 36.77 per cent
Turkey raised the euro-lira conversion rate for medicine prices by 36.77 per cent, the country’s Official Gazette said on Wednesday.
“First step for solution of medicine shortage in the market ...
‘Harry & Meghan’ documentary ranks as Netflix’s biggest documentary debut
By Lisa Richwine
Netflix Inc’s NFLX.O documentary series about Britain’s Prince Harry and his wife Meghan racked up more viewing time on the streaming service than any ...
‘Tough times’: Warnings sound over China’s rapid ‘zero-Covid’ exit
A week after China began dismantling its tough ‘zero-COVID’ controls, the World Health Organization warned of “very tough” times ahead and state media reported some seriously ill patients at hospitals ...
Blasts rock Kyiv; U.S. considers sending Patriot air defence system
Kyiv’s air defence systems shot down 10 Russian drones on Wednesday, the city’s mayor said, while the United States is close to finalising plans to send its Patriot air ...
US lab hits fusion milestone raising hopes for clean power
U.S. scientists revealed a breakthrough in fusion energy that could one day help curb climate change if companies can scale up the technology to a commercial level in the ...
United Airlines makes big Boeing order, includes 100 787 Dreamliners
United Airlines (UAL.O) said Tuesday it is ordering 100 Boeing (BA.N) 787 Dreamliners and 100 737 MAXs as it pushes for post-pandemic growth and replaces older, less-efficient aircraft.
The Chicago-based airline’s ...
Danish Social Democrats agree new government with right-wing opposition
Denmark’s Social Democratic leader Mette Frederiksen said on Tuesday she had agreed to form a rare bipartisan government with the main opposition party, the Liberal Party, and the Moderates ...
U.S. lawmakers unveil bipartisan bid to ban China’s TikTok
Republican Senator Marco Rubio on Tuesday announced bipartisan legislation to ban China’s popular social media app TikTok, ratcheting up pressure on owner ByteDance Ltd amid U.S. fears the ...
Bodies of 27 migrants found in Chadian desert
The bodies of 27 migrants believed to have died of thirst have been found in the Chadian desert, the U.N. migration agency said on Tuesday.
The migrants reportedly left Moussoro, ...
German cum-ex mastermind handed 8-year jail sentence for tax fraud
A tax lawyer, alleged to have masterminded one of Germany’s biggest post-war frauds, was sentenced to eight years in jail on Tuesday after a landmark trial that has gripped ...
Bankman-Fried charged by SEC, to appear in Bahamas court (Update)
Sam Bankman-Fried indicated in a Bahamas courtroom on Tuesday that he would fight extradition to the United States, hours after U.S. prosecutors accused the founder and former CEO of ...
Ukraine battles Russian push as Kyiv allies pledge $1bn in energy aid
Russia and Ukraine pounded each other’s forces in heavy fighting in the eastern region of Donetsk on Tuesday as Kyiv’s allies meeting in Paris pledged just over one ...
EU member states agree to give Bosnia EU candidate status
European Union general affairs ministers agreed on Tuesday that Bosnia should become a formal candidate to join the 27-nation EU in a recommendation that will have to be endorsed by ...
European Parliament removes Kaili from post over Qatar graft charges
The European Parliament strippedGreek lawmaker Eva Kaili of her senior assembly post on Tuesday over allegations that World Cup host Qatar had bribed her to influence decision-making, charges she has ...
UK jobless rate rises again but pay growth keeps Bank of England on edge
Britain’s jobless rate rose for a second month and there were other signs in data on Tuesday that some of the inflationary heat in the labour market is cooling ...
Roma teenager dies in Greece after police shooting
A 16-year old Roma boy died in hospital on Tuesday after being shot by police in the Greek city of Thessaloniki after allegedly filling up a truck with fuel and ...
EU meeting tries to break gas price cap impasse
European Union energy ministers are meeting in Brussels on Tuesday to try to agree on a bloc-wide cap on gas prices after months of deadlocked talks over whether the measure ...
New Zealand bans future generations from buying tobacco under new laws
Future generations of New Zealanders will be banned from purchasing tobacco as part of a package of new anti-smoking laws that passed parliament on Tuesday and are among the most ...
Erdogan: Turkey’s inflation will fall to 40 per cent in months, 20 per cent in 2023
Turkey’s President Tayyip Erdogan said on Monday it was “apparent” that inflation would fall to around 40 per cent in a few months, and further to 20 per cent in 2023.
Turkey’...