Gulf stocks fall on tight monetary policy outlook
Major Gulf stock markets ended lower on Sunday as investors in the region reacted to comments by Federal Reserve Chair Jerome Powell signalling the US economy would need tight monetary ...
Dell ceases all Russian operations after August offices closure
Dell Technologies Inc. said on Saturday it had ceased all Russian operations after closing its offices in mid-August, the latest in a growing list of Western firms to exit Russia.
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Japan’s Suzuki drives deeper into India with global R&D unit
Suzuki Motor Corp (7269.T) will set up a global research and development company in India, its president said on Sunday, pushing deeper into a market that is set to become ...
Liz Truss considers 5% cut in VAT if she becomes PM
British leadership frontrunner Liz Truss is considering cutting value-added tax (VAT) by 5% across the board to help tackle the cost-of-living crisis if she succeeds Boris Johnson as prime minister next ...
Senator Warren worries that Fed will tip US economy into recession
By Kanishka Singh
Democratic U.S. Senator Elizabeth Warren said on Sunday that she was very worried that the Federal Reserve was going to tip the nation’s economy into ...
Six killed in Netherlands as truck rolls off road into neighbourhood party
Six people died in an incident when a truck rolled into a neighbourhood party in the town of Nieuw Beijerland in the south of the Netherlands on Saturday evening, Dutch ...
Power cuts melt Gaza’s ice cream stocks as heatwave boosts demand
By Nidal al-Mughrabi
Lengthy power cuts in the Gaza Strip have melted stocks of ice cream, forcing shops to stop selling it just when a heatwave has boosted demand.
With ...
Plumes of dust as India demolishes illegal skyscrapers
By Anushree Fadnavis
Indian authorities demolished two illegally constructed skyscrapers in a wide plume of dust debris on Sunday near the capital New Delhi, razing the tallest structures ever pulled ...
Libya’s Tripoli quiet after worst fighting in two years
Libya’s capital was quiet early on Sunday, a day after the worst fighting there for two years killed 32 people and injured 159 as forces aligned with a parliament-backed administration failed ...
US warships transit Taiwan Strait, first since Pelosi visit
By Idrees Ali
Two U.S. Navy warships sailed through international waters in the Taiwan Strait on Sunday, the first such operation since a visit to Taiwan by U.S. ...
Ukraine on edge as Zaporizhzhia nuclear plant, nearby towns shelled (updated)
By Pavel Polityuk and Max Hunder
Russian artillery fired at Ukrainian towns across the river from the Zaporizhzhia nuclear power plant overnight, local officals said on Sunday, adding to residents’ ...
Jack Dorsey’s Block ends Afterpay smartphone tie-up with Australia’s Westpac
Afterpay, the Australian payments firm bought by Jack Dorsey’s Block Inc (SQ.N), and Australia’s Westpac Banking Corp (WBC.AX) ended a partnership after the firm cancelled a ...
Staff at London’s Stansted airport to vote on strike over pay
Staff at London’s Stansted have begun voting on whether to take strike action in a dispute over pay, the Unite Union said, threatening disruption at one of Britain’s ...
Putin orders benefit payments for people arriving in Russia from Ukraine
Russian President Vladimir Putin on Saturday signed a decree introducing financial benefits for people who left Ukrainian territory to come to Russia, including pensioners, pregnant women and disabled people.
The ...
Russia and Ukraine accuse each other of shelling around nuclear plant
Moscow and Kyiv traded fresh accusations on Saturday of shelling around the Russian-occupied Zaporizhzhia nuclear power plant in Ukraine, which has been a focus of international concern that fighting in ...
Turkey says it ‘neutralised’ seven PKK members in northern Iraq
Turkey’s military ‘neutralised’ seven members of the banned Kurdistan Workers Party (PKK) in an operation in northern Iraq, the Defence Ministry said on Saturday.
Turkey regularly carries out air ...
September 11 victims not entitled to seize Afghan central bank assets
A US judge has recommended that victims of the Sept. 11, 2001, attacks not be allowed to seize billions of dollars of assets belonging to Afghanistan’s central bank to satisfy court ...
Britain considering loans to energy suppliers as bills soar
The British government’s options to support people facing sky-rocketing energy bills include handing loans to energy suppliers that could cut bills by up to 500 pounds ($587) a year, the Daily ...
Russia can’t stop war, even if Ukraine drops NATO hopes
A top ally of Russian President Vladimir Putin said on Friday that Moscow would not stop its military campaign in Ukraine even if Kyiv formally renounced its aspirations to join ...
A new era of monetary policy is just beginning
By Ioannis Tirkides
The current time and the next period for a number of years at least, will be more treacherous for monetary policy. This is because the era of ...
Thai lender SCBX scraps $500 mln acquisition of crypto exchange Bitkub
Thailand’s oldest lender, SCBX Pcl (SCB.BK), said on Thursday it was pulling out of a $500 million deal to buy crypto exchange Bitkub, saying the start-up needed time to ...
Russian-held nuclear plant resumes power supply to Ukraine, two reactors connected (Update)
The Russian-occupied Zaporizhzhia nuclear power plant resumed electricity supplies to Ukraine on Friday after two of its six reactors were reconnected to the Ukrainian grid, state nuclear company Energoatom said.
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Moderna sues Pfizer/BioNTech for patent infringement over COVID vaccine
Moderna sued Pfizer and its German partner BioNTech on Friday for patent infringement in the development of the first Covid-19 vaccine approved in the United States, alleging they copied technology ...
Swedish police arrest several over explosives found in Stockholm park
Stockholm police on Friday arrested several people after explosives were found in a park in the Swedish capital last week, and said investigations would continue.
The police gave no detail ...