Cataclysmic floods in Pakistan kill 1,100
Torrential rains and flooding have submerged a third of Pakistan and killed more than 1,100 people, including 380 children as the United Nations appealed for aid on Tuesday for what it described ...
Trump team may have moved classified papers amid probe
The U.S. Justice Department said it had evidence that classified documents were deliberately concealed from the FBI when it tried to retrieve them in June from former President Donald ...
Fintech firm Wise fined $360,000 by Abu Dhabi regulator
The regulator of Abu Dhabi’s free zone financial centre said on Tuesday it had fined the local subsidiary of fintech firm Wise $360,000 for breaching anti-money laundering (AML) requirements.
Abu ...
Gulf banks with Turkey exposure to suffer further losses, Fitch says
Gulf banks with exposure to Turkey are expected to make further net monetary losses on their investments in the second half of this year and into 2023, ratings agency Fitch said ...
Oil prices climb 1 per cent as US fuel inventories fall
Oil prices recovered slightly on Wednesday as data pointed to firm US fuel demand, providing respite after a 5 per cent drop a day earlier on fears that demand will suffer ...
Russia gives 12.5 per cent stake in Sakhalin Energy to Mitsui unit
The Russian government on Tuesday said it approved handing over a 12.5 per cent stake in operator of Russia’s Sakhalin 2 liquefied natural gas plant to Dubai-based MIT SEL Investment Ltd, ...
Fugitive Turkish crypto fraud suspect arrested in Albania resort
Albanian police on Tuesday arrested the fugitive Turkish founder of crypto-exchange Thodex, wanted by Interpol for suspected crypto fraud and at large for a year, police and media said.
Albanian ...
New Russia gas halt tightens energy screws on Europe
Russia halted gas supplies via a major pipeline to Europe on Wednesday, intensifying an economic battle between Moscow and Brussels and raising the prospects of recession and energy rationing in ...
Ukraine makes push along entire front, Zelenskiy says, as Russia halts gas
Ukrainian troops have attacked Russian positions along the entire front, Ukrainian President Volodymyr Zelenskiy said, while Russia halted gas supplies via a major pipeline to Germany citing the need for ...
Last Soviet leader Gorbachev, who ended Cold War, dies aged 91
Mikhail Gorbachev, who ended the Cold War without bloodshed but failed to prevent the collapse of the Soviet Union, died on Tuesday at the age of 91, hospital officials in Moscow ...
Rouble firms in early Moscow trade, Russian stocks hit 2-month high
The rouble firmed towards 60 against the dollar and euro in early Moscow trade on Tuesday, while higher oil prices helped push Russia’s benchmark stock index to its highest point ...
Russia fines streaming service Twitch 3 mln rbls -agencies
A court in Russia on Tuesday fined streaming company Twitch 3 million roubles ($50,209) for refusing to remove a two-hour interview with an adviser to Ukrainian President Volodymyr Zelenskiy, Russian news agencies ...
Jailed Kremlin critic Navalny in solitary confinement yet again
Jailed Russian opposition politician Alexei Navalny said on Tuesday that he had been thrown into solitary confinement for the third time this month to punish him for his political activity.
...
France accuses Russia of using gas supply as ‘weapon of war’
France on Tuesday accused Moscow of using energy supplies as “a weapon of war” as Russian gas giant Gazprom GAZP.MM reduced deliveries to one of its main utilities and ...
Proud Boys recruit sentenced to 4.5 years for role in US Capitol riot
A local man who was in the process of joining the far-right Proud Boys group was sentenced on Monday to serve about 4-1/2 years in prison for his role in ...
Euro zone economic sentiment falls more than expected in August
Euro zone economic sentiment fell more than expected in August, data showed on Tuesday, dragged lower by a drop in optimism in industry and in services despite a better mood ...
Monkeypox outbreak can be eliminated in Europe, WHO says
It is possible to eliminate the monkeypox outbreak in Europe, World Health Organization officials said on Tuesday, highlighting evidence that case counts are slowing in a handful of countries.
There ...
In Poland, where coal is king, homeowners queue for days to buy fuel
By Marek Strzelecki and Kuba Stezycki
In Poland’s late summer heat, dozens of cars and trucks line up at the Lubelski Wegiel Bogdanka coal mine, as householders fearful of ...
Scientists find new bird species at South America’s edge
In a sparse, windswept pasture at the frigid tip of South America lives a tiny bird whose quiet life is shedding light on the importance of studying the world’s ...
China pledges to lift economy with stable employment, prices in H2
China will step up measures to boost demand and stabilise employment and prices in the second half of the year to optimise economic outcomes, the country’s finance ministry said ...
Rapper stabbed to death at Notting Hill Carnival
A man stabbed to death at the Notting Hill Carnival on Monday was Takayo Nembhard, a rapper from Bristol, his manager said.
Nembhard, also known by his rap name TKorStretch, ...
Ethnic Russian minorities in Baltic states treated as “second-class people” says Moscow
Russia condemned the destruction of Soviet war memorials in the three Baltic states and accused them on Tuesday of persecuting their Russian-speaking minorities.
In a forcefully worded statement, Moscow said ...
Zelenskiy tells Russians to run for their lives from Ukraine offensive in south
Ukrainian President Volodymyr Zelenskiy has urged Russian troops to flee for their lives after his forces launched an offensive to retake southern Ukraine, but Moscow said it had halted the ...
Surging energy prices create perfect storm for UK bonds
British government bonds are on course for their biggest monthly fall since 1994, as surging energy prices create a perfect storm of higher inflation, tighter monetary policy and the prospect of ...