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IN THE NEWS

US Fed makes biggest rate increase since 2000 to fight inflation

US Fed makes biggest rate increase since 2000 to fight inflation

The Federal Reserve on Wednesday made its biggest rate hike since 2000 with a half percentage point increase meant to crush soaring inflation in the United States.

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Amber Heard takes stand in blockbuster defamation trial

Amber Heard takes stand in blockbuster defamation trial

"Aquaman" star Amber Heard testified on Wednesday that the defamation case brought against her by her former husband, Johnny Depp, is the "most painful and difficult thing" she has ever experienced.

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Uber hit with loss in quarter despite rider rebound

Uber hit with loss in quarter despite rider rebound

Uber shares skidded Wednesday after the company said it was hit with a big loss in the first three months of this year despite a rebound in its ride-share business.

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McIlroy turns 33, relives major memories before defending title

McIlroy turns 33, relives major memories before defending title

Rory McIlroy celebrated his 33rd birthday Wednesday with a trip to the site of his first major victory before defending his title at the US PGA Wells Fargo Championship.

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Brazil's Lula says Zelensky shares blame for Ukraine war

Brazil's Lula says Zelensky shares blame for Ukraine war

Brazilian presidential front-runner Luiz Inacio Lula da Silva said Ukrainian President Volodymyr Zelensky and his Russian counterpart Vladimir Putin bear equal responsibility for the war in Ukraine, putting the leftist icon at odds with Western powers.

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Nadal wins on return from injury in Madrid

Nadal wins on return from injury in Madrid

Rafael Nadal enjoyed a winning return after a six-week injury break, opening his Madrid campaign with a 6-1, 7-6(7/4) success over Serbia's Miomir Kecmanovic on Wednesday.

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Ratcliffe still pursuing Chelsea bid despite rejection

Ratcliffe still pursuing Chelsea bid despite rejection

British businessman Jim Ratcliffe remains interested in buying Chelsea despite having his late bid for the London club dismissed, according to a director of his petrochemicals company Ineos.

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UK arrests suspected migrant boat 'kingpin'

UK arrests suspected migrant boat 'kingpin'

The UK's National Crime Agency announced Wednesday it had arrested the suspected leader of an international criminal operation supplying small boats to people smugglers taking migrants across the Channel.

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Mexico enlists private sector to help tame inflation

Mexico enlists private sector to help tame inflation

Mexico announced Wednesday an agreement with members of the private sector aimed at maintaining prices of staple foods in the face of the highest inflation in two decades.

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World Cup winner Ginter rejoins hometown club Freiburg

World Cup winner Ginter rejoins hometown club Freiburg

Bundesliga side Freiburg announced on Wednesday the signing of 2014 World Cup winner Matthias Ginter, who will return to his former club from Borussia Moenchengladbach on a free transfer.

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