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Battling inflation 'priority' as global growth slows: OECD
World economic growth is slowing due to decades-high inflation, the OECD said Tuesday, calling for "essential" further monetary policy tightening and "more targeted" government support.
European, US stocks up despite China Covid fears
European and US stocks rose and oil prices recovered from heavy losses on Tuesday despite fresh concern that China's latest Covid-19 outbreaks could herald a global recession.
European stocks dented by China Covid fears
European equities attempted to rebound Tuesday but were dented by concern over China's latest Covid-19 outbreaks.
Baidu revenue up 2% amid cost-cutting drive
Chinese internet giant Baidu reported on Tuesday third-quarter revenues of 32.5 billion yuan ($4.6 billion), representing a year-on-year increase of 2 percent.
Italy's draft budget centres on energy aid
Italy's new far-right government unveiled its 2023 draft budget on Tuesday, with most of the nearly 35 billion euros in spending going on the energy crisis rather than flashy electoral promises.
Asian markets mixed as China Covid worries grow
Growing fears about China's latest Covid-19 outbreak on Tuesday rattled investors, who fear authorities will revert to highly restrictive containment measures that have already dealt a chilling blow to the world's number two economy this year.
Asian markets mixed as China Covid worries build
Growing fears about China's latest Covid-19 outbreaks Tuesday rattled investors, who fear authorities will revert to highly restrictive containment measures that have already dealt a chilling blow to the world's number two economy this year.
Inflation swells Spain's 'hunger queues'
With a secure job as a bricklayer, Hugo Ramirez never thought he would need the help of charity to feed his family.
Cuban singer Pablo Milanes dies in Madrid at 79: agent
Acclaimed Cuban singer-songwriter and guitarist Pablo Milanes died early Tuesday in Spain, where he had been hospitalized in recent days, his agent said. He was 79.
Asian markets struggle as China Covid worries build
Growing fears about China's latest Covid-19 outbreaks Tuesday rattled investors, who fear authorities will revert to highly restrictive containment measures that have already dealt a chilling blow to the world's number two economy this year.
Health or jobs: Peruvian mining town at a crossroads
The Peruvian mining city of La Oroya, one of the most polluted places in the world, is seeking to reopen a heavy metal smelter that poisoned residents for almost a century.
Global stocks mostly tumble on fears of fresh China Covid curbs
Global stocks mostly fell Monday as renewed concerns about harsh coronavirus curbs in China rattled investor sentiment, while oil prices gyrated as Saudi Arabia denied a report that exporters were weighing a production increase.
Paramount says ending Simon&Schuster/Penguin deal after US antitrust ruling
Paramount Global on Monday officially dropped a plan to sell its Simon & Schuster division to rival publisher Penguin Random House after a US judge blocked the $2.2 billion deal on antitrust grounds.
Disney seeks old magic in return of ex-CEO
In a dramatic twist worthy of a "Star Wars" spin-off, Disney ditched CEO Bob Chapek and brought back Bob Iger, Hollywood's most respected executive, who faces a huge challenge to revive the Magic Kingdom.
Recession-hit UK needs more migrant labour: business group
Britain needs more migrant labour to boost productivity as it faces a toxic mix of soaring inflation and shrinking growth, the country's main business lobby group warned Monday.
LGBTQ nightclub attack a suspected hate crime: Colorado mayor
The mayor of Colorado Springs said Monday that an attack by a lone gunman on an LGBTQ nightclub in the western US city that left five people dead and up to 30 injured had "the trappings of a hate crime."
Fears of fresh China Covid curbs rattle stocks, oil prices
Oil prices plunged to lows unseen since January and global stocks mostly fell on Monday as renewed concerns about harsh coronavirus curbs in China rattled investor sentiment.
Markets rattled by fears of fresh Covid curbs in China
Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China amid warnings that markets would remain lacklustre for some time.
Recession-hit UK needs more migrant labour: business lobby
Britain needs more migrant labour to boost productivity as it faces a toxic mix of soaring inflation and shrinking growth, the country's main business lobby group warned Monday.
Lufthansa launches hiring drive as recovery gathers pace
Lufthansa on Monday launched a drive to hire 20,000 employees, as the German airline giant recovers strongly from the coronavirus pandemic and seeks to tackle staffing shortages.
Markets mainly drop on fresh China Covid fears
Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China.
Iran seeks to quell protests with death sentences, activists warn
Iran, already one of the world's most prolific users of the death penalty, is planning to use capital punishment as a means to quell the protest movement by spreading a climate of fear in the population, activists warn.
European teams say won't wear 'OneLove' World Cup armband
England, Germany and five other European teams at the World Cup on Monday abandoned plans to wear a rainbow-themed armband in support of LGBTQ rights, citing the threat of disciplinary action from FIFA.
UK's Compass, world's largest caterer, sees profits triple
Britain's Compass, the world's largest caterer, on Monday said annual profits had tripled as companies switched to outsourcing meals in the face of soaring inflation and energy costs.
Asia markets suffer losses on fresh China Covid fears
Asian markets fell Monday as China's first Covid death in six months sparked fears officials would reimpose strict, economically painful restrictions to fight outbreaks across the country.
Christie's cancels controversial T-rex auction in Hong Kong
Christie's has called off the auction of a Tyrannosaurus rex skeleton, the auction house told AFP on Monday, days before it was due to go under the hammer in Hong Kong.
Disney boots CEO, brings back Bob Iger to lead company
Disney ousted chief executive Bob Chapek on Sunday and announced that it had brought back former CEO Bob Iger to once again take the reins.
Hong Kong leads Asia losses on fresh China Covid fears
Asian markets fell Monday as China's first Covid death in six months sparked fears officials would reimpose strict, economically painful restrictions to fight outbreaks across the country.
All eyes on Trump's Twitter account after Musk reinstates him
Donald Trump has seemingly rejected returning to Twitter, but as he embarks on a new presidential campaign, will he be able to resist? All eyes were on his account Sunday for any activity, after it was reinstated by the platform's new owner Elon Musk.
French-speaking bloc examines unrest in Africa
Facing calls to do more to resolve global crises, the world's French-speaking leaders met in Tunisia Sunday to discuss growing instability and popular discontent in Francophone Africa.
Joy, relief at 'historic' climate damages deal
Vulnerable nations least responsible for planet-heating emissions have been battling for three decades to get wealthy polluters to pay for climate damages.
Frustrated foodies gobble up South Korean grocery unicorn
When Sophie Kim moved home to South Korea after 15 years in the United States, she couldn't find anywhere to buy kale for her green juice. So she found a farmer, then built an app to help others seek out top-quality produce.