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IN THE NEWS

ECB surprises with aggressive rate hike, first since 2011

ECB surprises with aggressive rate hike, first since 2011

The European Central Bank on Thursday brought an end to the era of negative interest rates in the eurozone, with a bigger than expected half-point hike as inflation soars and an energy crisis looms.

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Biden seeks to mobilize on crime and climate ahead of midterms

Biden seeks to mobilize on crime and climate ahead of midterms

Climate change in Massachusetts on Wednesday, gun control in Pennsylvania on Thursday, next week -- law and order in Florida.

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UK PM contenders squabble over tax as campaign kicks off

UK PM contenders squabble over tax as campaign kicks off

Liz Truss, the favourite to become Britain's next prime minister, on Thursday criticised rival Rishi Sunak over his tax policies while finance minister, as the pair kicked off six weeks of campaigning.

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American Airlines reports profits despite jet fuel cost drag

American Airlines reports profits despite jet fuel cost drag

American Airlines reported a profitable second quarter Thursday as the ebbing of the Covid-19 pandemic resulted in record revenues despite the hit from higher fuel costs.

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Covid sends Froome crashing out of Tour de France

Covid sends Froome crashing out of Tour de France

Four-time champion Chris Froome was one of three riders to drop out of the Tour de France after testing positive for Covid ahead of Thursday's 18th stage from Lourdes to the High Pyrenees.

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Russia resumes 'unstable' gas supplies to Europe via Nord Stream

Russia resumes 'unstable' gas supplies to Europe via Nord Stream

Russia on Thursday restored critical gas supplies to Europe through Germany via the Nord Stream pipeline after 10 days of maintenance, but uncertainty lingered over whether the Kremlin would still trigger an energy crisis on the continent this winter.

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BBC pays 'substantial' damages to royal nanny over Diana interview

BBC pays 'substantial' damages to royal nanny over Diana interview

Princes William and Harry's former nanny on Thursday received substantial damages from the BBC over "false and malicious" claims about her used to obtain a 1995 interview with Princess Diana.

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Euro up as Russian gas returns, stocks waver ahead of ECB decision

Euro up as Russian gas returns, stocks waver ahead of ECB decision

The euro gained ground against the dollar on Thursday after Russia resumed gas supplies to Europe but stock markets were twitchy ahead of a European Central Bank policy meeting, where the guardian of the euro is expected to announce its first rate hike in over a decade.

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Malawi's struggle with deadly witchcraft violence

Malawi's struggle with deadly witchcraft violence

The calm air cloaking Lupembe, a sleepy village on the sandy shores of Lake Malawi, conceals a dark secret.

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Russian rockets pummel Kharkiv as gas flows to Europe resume

Russian rockets pummel Kharkiv as gas flows to Europe resume

Russian artillery strikes pounded Ukraine's second largest city Kharkiv on Thursday after Moscow announced it was expanding its war aims, even as Russian gas flows to Europe resumed through the Nord Stream pipeline.

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