Featured
Last news
China's Xi to visit Russia on first visit since Ukraine invasion
Chinese President Xi Jinping will make a state visit to Moscow next week, where he will hold talks with his strategic ally Vladimir Putin just over a year into Russia's war in Ukraine.
Markets extend global rally as banking sector fears ease
Asian and European markets rose Friday, extending a global rally, as traders welcomed multi-billion-dollar shows of support for troubled banks aimed at soothing concerns about contagion in the sector.
Crypto-linked bank failures fuel regulation debate
The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams.
Asian markets extend global rally as banking sector fears ease
Asian markets rose Friday, tracking New York and European equities, as traders welcomed multi-billion-dollar shows of support for troubled banks aimed at soothing concerns about contagion in the sector.
Libya's boxers recover from Kadhafi-era knockout
Omar Zlitni holds a decades-old, black-and-white photo of himself as a boxer in his prime, posing in shorts and a training vest before Libya's then-dictator, Moamer Kadhafi, banned his beloved sport.
Italy's 'Fourth Mafia', little-known but extremely violent
It took a loaded pistol pointed at Lazzaro D'Auria's head for the Italian landowner to finally say yes to the country's newest and most violent mafia.
Northeast Brazil sees more fierce gang violence
Marauding attacks by gang members in northeast Brazil continued for a third night despite a beefed up presence of security forces, authorities said on Thursday.
Sanofi, joining other drug makers, slashes US insulin price
French pharmaceutical giant Sanofi announced on Thursday it would cut the US price of its most prescribed insulin by 78 percent, falling in line with two other major drug makers.
Global stocks rally on 'dovish' ECB hike, First Republic relief package
Wall Street rallied Thursday after a consortium of US private banks announced a $30 billion rescue package for First Republic, while European stocks jumped on a European Central Bank's interest rate decision that was called a "dovish hike."
Credit Suisse bounces back but caution lingers
Credit Suisse rallied on the stock market Thursday after grabbing a $54 billion central bank lifeline in a bid to restore investor confidence but analysts remain wary about the major lender's future.
Wall Street giants move to rescue First Republic Bank
America's largest banks moved Thursday to shore up First Republic, easing fears that the regional lender could be the next domino to fall after two collapses including Silicon Valley Bank (SVB).
Italy's Meloni revives contentious Sicily bridge plan
Italian Prime Minister Giorgia Meloni's cabinet passed a decree Thursday relaunching a controversial project to build a huge, multibillion-euro bridge linking Sicily to the mainland.
Global stocks rally after ECB lifts rates amid First Republic rescue talk
Wall Street rallied Thursday on reports that private US banks were in talks to save First Republic Bank while European stocks jumped as the European Central Bank lifted interest rates but took a somewhat "dovish" tone for the future.
Meta maps way to 'kill' online deception campaigns
Meta on Thursday released a framework for exposing and combating malicious online campaigns from election lies to terrorist recruitment.
US maternal mortality rate rose sharply in 2021: report
The US maternal mortality rate surged in 2021, the second year of the Covid-19 pandemic, with Black women more than twice as likely to die than white women, according to a report released on Thursday.
Stocks surge on 'dovish' ECB rate hike
Stocks surged higher Thursday after the European Central Bank went ahead with a big interest rate hike despite fears of a banking crisis but took a somewhat "dovish" tone for the future.
Russian transfers of Ukrainian children 'a war crime': UN probe
Russia's forced transfer and deportation of Ukrainian children to areas under its control amounts to a war crime, UN investigators said Thursday, adding that they are probing allegations of genocide in the Ukraine conflict.
From acclaim to blame: Lebanon's bank chief Riad Salameh
Lebanon's central bank chief Riad Salameh, once lauded for reviving the economy, faces investigations into his personal wealth and is widely viewed as a key culprit in the country's dramatic economic crash.
Shares of First Republic plunge after report of possible sale
Shares of First Republic Bank nosedived on Wall Street Thursday following a report that the embattled California bank is considering strategic options, including a possible sale.
Stocks waver after ECB rate hike
Stock markets wobbled on Thursday after the ECB went ahead with a big interest rate hike despite fears of a banking crisis.
ECB sticks to planned rate hike despite turmoil
The European Central Bank stuck to a planned interest rate increase Thursday as it remained laser-focused on battling sky-high inflation despite market turmoil over fears of a widening banking crisis.
Ten trapped miners found dead in Colombia, toll rises to 21
Ten workers trapped in a coal mine in central Colombia were found dead, bringing the death toll from an explosion in the pit to 21, President Gustavo Petro said Thursday.
Credit Suisse bounces back but investors still cautious
Credit Suisse rallied on the stock market Thursday after grabbing a $54 billion central bank lifeline in a bid to restore investor confidence but analysts remain wary about the major lender's future.
Deliveroo reduces losses on cost-cutting
Deliveroo reduced net losses last year on cost-cutting, while revenues rallied on higher pricing in the face of soaring global inflation, the international food delivery app said Thursday.
Clashes in Greece as thousands protest train tragedy
Greek police fired tear gas and protesters hurled firebombs on Thursday as more than 40,000 people took to the streets to slam the government and voice outrage at last month's train disaster that killed 57 people.
European stocks rebound as Credit Suisse grabs lifeline, ECB meets
European stock markets rebounded slightly Thursday after troubled banking giant Credit Suisse secured a big financial lifeline and before a crucial interest-rate decision by the European Central Bank.
France to force Paris binmen back to work as trash stacks up
France will force Paris rubbish collectors to return to work after a days-long strike against pension reforms has left many streets in the capital piled with stinking waste.
Macron faces 'moment of truth' over French pension reform
A proposed reform of France's pension system, which has sparked massive protests and strikes since the start of the year, is poised for a final vote in parliament on Thursday in a decisive moment for President Emmanuel Macron.
Embattled Credit Suisse shares rebound after $54 billion lifeline
Credit Suisse shares surged more than 30 percent Thursday after announcing it would borrow up to $53.7 billion from the Swiss central bank following a market drubbing over fears of a global banking crisis.
Asian markets sink but Europe rallies on Credit Suisse loan hope
Asian markets slid Thursday with contagion fears hitting banks but European equities rallied after troubled banking giant Credit Suisse said it had taken a huge loan from the Swiss central bank.
Embattled Credit Suisse takes $54 billion lifeline
Credit Suisse announced Thursday that it would borrow up to $53.7 billion from the Swiss central bank as it seeks to calm markets after its shares sank over fears of a global banking crisis.
Baidu shares fall after disappointing AI chatbot debut
Chinese search engine company Baidu's shares fell as much as 10 percent on Thursday after the company unveiled its ChatGPT-like AI software, with investors unimpressed by the bot's display of linguistic and maths skills.