In isolated Russia, a tale of two economies
Russia’s record employment signals a surprisingly smooth decoupling from the West. Its rapid replacement of McDonald’s and Starbucks says business as usual. Yet pressures are building inside its ...
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Italy to update gas emergency plan next week
The Italian government will update its gas emergency plan next week, a government source said on Thursday, adding Rome will not resort to rationing since it has reduced its dependence ...
ECB’s Lagarde: climate change has clear impact on inflation
The European Central Bank needs to take climate change into account when making decisions as it has a clear impact, especially on inflation, the chief of the European Central Bank ...
Sony hikes PS5 price on rising interest rates
Sony Group Corp (6758.T) said on Thursday it was hiking the price of its PlayStation 5 games console in markets including Europe, Japan and Britain following economic pressures including rising interest ...
UK leadership candidate Sunak attacks COVID lockdown response
Former finance minister Rishi Sunak, one of two candidates vying to be Britain’s next prime minister, said it was a mistake to have “empowered” scientists during the coronavirus pandemic ...
Djokovic missing US Open over Covid vaccine status would be ‘a joke’ – McEnroe
Four-time U.S. Open winner John McEnroe said it would be “a joke” if Novak Djokovic is unable to compete at the U.S. tournament starting later this month due ...
Rangers, Copenhagen reach Champions League group stage
Rangers returned to the Champions League group stage for the first time in 12 years with a 1-0 win at PSV Eindhoven on Wednesday while Dinamo Zagreb also qualified with an ...
Trial of Finnish journalists accused of high treason begins Thursday
Three journalists from Finland’s largest daily are expected to appear in a Helsinki court on Thursday, suspected of publishing classified defence intelligence in an unprecedented case for the Nordic ...
NFTs worth $100 million stolen in past year, Elliptic says
Thieves stole over $100 million worth of non-fungible tokens in the year to July, blockchain research firm Elliptic said on Wednesday, as the fast-emerging digital asset became a new front in ...
Fintech’s next big down round may have an upside
Financial technology startups are facing lean times. Klarna set the tone last month by raising cash at an 85 per cent discount to its previous funding round. The Swedish buy-now-pay-later group ...
European recovery set to stall, outlook cautious
A recent recovery in European shares looks set to stall and not reclaim end-2021 levels for well over a year, capped by fears of an energy supply crunch, slowing growth ...
Texas judge blocks Biden administration emergency abortion guidance
A federal judge in Texas late on Tuesday blocked President Joe Biden’s administration from enforcing new guidance in the Republican-led state requiring hospitals to provide emergency abortions to women ...
US first lady Jill Biden tests positive for rebound case of Covid-19
US. first lady Jill Biden has tested positive in a rebound case of Covid-19 but is not experiencing any symptoms, while President Joe Biden continues to test negative for the ...
Pope will not meet Russian Orthodox patriarch during Kazakh visit -RIA
Pope Francis and the head of the Russian Orthodox church, who backs the war in Ukraine, will not meet when both men attend a gathering of religious leaders in Kazakhstan ...
Ukraine spy chief says Russian offensive slowing due to fatigue
Ukraine’s top military intelligence official said on Wednesday that Russia’s military offensive was slowing because of moral and physical fatigue in their ranks and Moscow’s “exhausted” resource ...
Jailed Russian politician Navalny says he is back in punishment cell
Jailed Russian opposition politician Alexei Navalny said on Wednesday that prison authorities had transferred him to a punishment cell for the second time this month at the facility where he ...
Trump ally Perry sues to block US from searching seized cellphone
Republican US congressman Scott Perry of Pennsylvania, an ally of former President Donald Trump, has sued the Justice Department in a bid to stop investigators from searching the contents of ...
Greece appoints diplomat as new intelligence service chief
A Greek parliamentary committee approved on Wednesday the appointment of diplomat Themistoklis Demiris to head the country’s intelligence service (EYP) after his predecessor’s sacking over a wiretapping scandal.
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Afghan women open library to counter growing isolation
Afghan women’s rights activists opened a library in Kabul on Wednesday, hoping to provide an oasis for women increasingly cut off from education and public life under the ruling ...
Palestinian Authority urges Palestinians not to use Israeli airport
By Nidal al-Mughrabi
The Palestinian Authority urged Palestinians not to take advantage of concessions promised by Israel that would allow them to travel through Ramon airport in southern Israel, saying ...
ECB’s Rehn sees several benefits to possible digital euro
A possible digital euro currency, which the European Central Bank is studying, could have several benefits such as facilitating cross-border payments and providing a digital monetary anchor, Finnish ECB policymaker ...
‘New shock’ for European markets as gas price spike fuels inflation fears
Another dramatic spike in natural gas prices appears to have ended any hopes that Europe’s inflation battle is set to ease, with financial markets now bracing for higher prices, ...
Indian federation asks FIFA to lift suspension
India’s football association has asked world governing body FIFA to lift the suspension imposed on it after the mandate of a court-appointed committee to govern the sport in the ...
Oil steady as fears of imminent OPEC+ output cut fade
Oil prices were little changed on Wednesday as the market grappled with supply concerns amid the sanctioning of Russian shipments and the initial shock of comments that major producers would ...