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Featured

China's rare earths El Dorado gives strategic edge

Buried in the reddish soil of southern China lies latent power: one of the largest clusters of crucial rare earths is mined around the clock by a secretive and heavily guarded industry.

Wheelchair user flies into space, a first

A German woman engineer on Saturday became the first wheelchair user to blast into space, taking a brief ride on a Blue Origin flight.

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Ukraine schools return to sound of war

Antonina Sidorenko has put on her favourite clothes, selected the prettiest ribbon to adorn her hair and can recite by heart the poem given by her schoolteacher.

Treatment improves cognition in Down Syndrome patients

A new hormone treatment improved the cognitive function of six men with Down Syndrome by 10-30 percent, scientists said Thursday, adding the "promising" results may raise hopes of improving patients' quality of life.

S.African court confirms Shell seismic exploration ban

A South African court on Thursday upheld a ban imposed on energy giant Shell from using seismic waves to explore for oil and gas off the Indian Ocean coast.

'Cosmoss': Supermodel Kate Moss launches wellness brand

British supermodel Kate Moss on Thursday launched a website selling her own beauty and lifestyle products called Cosmoss, becoming the latest star to venture into branded e-commerce.

Yen sinks to new 24-year low against dollar

The yen plunged to a new 24-year low against the dollar on Thursday as Japan sticks with its long-standing monetary easing policies in contrast to tightening by the US Federal Reserve.

Cate Blanchett: I'm not making female or lesbian propaganda

Cate Blanchett's powerful female, gender-fluid and gay roles have helped transform Hollywood, but she told Venice on Thursday that she never sets out to make a political statement.

UN team 'staying' at Ukraine nuclear plant

UN inspectors will be "staying" at a Russian-held nuclear plant in southern Ukraine, its head said Thursday after their first visit to the facility following a risky journey across the frontline despite early-morning shelling of the area.

Semiconductor giant Micron to invest $15 bn in Idaho

Semiconductor giant Micron announced Thursday it will invest $15 billion over the next decade to expand its operations in the US state of Idaho to build memory capacity for automotive and other sectors.

Beckham slammed for PR video praising 'perfect' Qatar

Human rights campaigners on Thursday slammed David Beckham for fronting a glossy publicity campaign praising World Cup host Qatar as "perfection", despite concerns over its rights record.

Brazil economy grows 1.2% in Q2, beating expectations

Brazil's economy posted higher-than-expected growth of 1.2 percent in the second quarter, official data showed Thursday, giving President Jair Bolsonaro a boost ahead of elections next month.

UN team pushes ahead with risky mission to Ukraine nuclear plant

UN inspectors pressed on towards a Russian-held nuclear plant in southern Ukraine Thursday despite an early shelling attack, as the ICRC warned the consequences of a strike on the facility could be "catastrophic".

UN team heads to Ukraine nuclear plant despite shelling

IMF agrees to $2.9 bn bailout for bankrupt Sri Lanka

Bankrupt Sri Lanka will receive a conditional $2.9 billion bailout to repair its battered finances, the International Monetary Fund said Thursday, following a bruising economic crisis that saw the island nation's president chased from the country.

Moscow approves Japan stakes in Sakhalin energy project

Two Japanese trading houses will maintain stakes in a Russian energy project despite Tokyo joining sanctions on Moscow over the war in Ukraine, as the Asian country looks to secure its power supply.

South Korean Netflix hit 'Extraordinary Attorney Woo' sparks autism debate

A hit Netflix K-drama about a high-functioning autistic lawyer is prompting soul-searching in South Korea, where some on the spectrum say they can feel invisible.

Volkswagen shifts gears with Oliver Blume taking wheel

Volkswagen on Thursday hands over the reins to new CEO Oliver Blume, tasked with steering the German automotive giant through challenging economic conditions after four turbulent years under his predecessor, Herbert Diess.

In Wyoming, an uphill battle to curb suicide

Sixteen years ago, after his son died by suicide, Lance Neiberger thought of taking his own life.

Bombshell UN Xinjiang report lists litany of rights abuses

The United Nations released a bombshell report into serious human rights abuses in China's Xinjiang region late Wednesday, saying torture allegations were credible and citing possible crimes against humanity.

Yellen 'optimistic' on deal to set price cap on Russian oil

US Treasury Secretary Janet Yellen said Wednesday she was "optimistic" about the possibility of an international agreement to set a price limit on Russia's oil exports.

Venice film fest launches with Ukraine and 'toxic event' satire

The Venice Film Festival kicked off on Wednesday with a powerful message from Ukraine's president and a topical opening film starring Adam Driver about a deadly health crisis and misinformation.

EU foreign policy chief hopeful on Iran nuclear deal in 'days'

The EU's foreign policy chief voiced hope Wednesday at reviving the Iran nuclear deal within days as Israel's leader, a strong opponent, made his case with US President Joe Biden.

Trump social network unwelcome in Google store over moderation issues

Former US president Donald Trump's Truth Social app is unwelcome in Google's app store until it abides by rules regarding content moderation including violent threats, the company said Wednesday.

Microsoft to create 36,000 data centre jobs in Qatar

Technology giant Microsoft announced Wednesday it will create 36,000 jobs in Qatar to boost the Gulf state's efforts to move away from reliance on its oil and gas industry.

Lithuanians slam 'one-sided' reax to Gorbachev death

For many in the West, Mikhail Gorbachev, the last leader of the Soviet Union who has died at the age of 91, is worth applauding for his role in ending the Cold War.

UK political upheaval and stagflation fears weigh on pound

Political uncertainty and growing economic woes, including spiralling inflation and the threat of a recession, are weighing heavily on the British pound, against both the US dollar and the also struggling euro.

IAEA wants 'permanent presence' at Russia-held nuclear plant

UN inspectors said Wednesday they would seek to establish a permanent presence at a Russian-held plant in southern Ukraine to avoid "a nuclear accident" at the facility on the frontline of the fighting.

Snap confirms cutting 20 percent of staff

Snapchat's parent company confirmed Wednesday it is cutting 20 percent of staff, as the troubled messaging app attempts to dig itself out amid competition and revenue woes, as well as recent quarterly losses.

Italy picks bid by US fund, Delta and Air France for ITA Airways

Italy announced Wednesday it chose a bid by US investment fund Certares, in partnership with Delta Airlines and Air France-KLM, for exclusive talks to take over national carrier ITA Airways.

'I never corrupted anyone,' diamond magnate tells Swiss court

A French-Israeli businessman and diamond magnate insisted Wednesday he had never bribed anyone, as he sought to overturn his conviction in a vast corruption case involving mining rights in West Africa.

Crisis-hit Sri Lanka's inflation hits another record

Crisis-hit Sri Lanka's inflation hit an eleventh consecutive monthly record in August, official data showed on Wednesday, rising to 64.3 percent as the International Monetary Fund extended bailout talks by one more day.

India quarterly GDP up 13.5% on pandemic rebound, below expectations

A post-pandemic rebound saw India's economy grow 13.5 percent in the June quarter, official figures showed Wednesday, but the expansion was below forecasts thanks to the headwinds buffeting Asia's third-largest economy.

Canada economy accelerates, posts 3.3% growth in Q2

Canada's economy accelerated in the second quarter of 2022, benefitting from higher commodity prices after emerging from pandemic lockdowns to post annualized growth of 3.3 percent, the government statistical agency said Wednesday.

Arizona Tribune - Economy (English)