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Featured

Iran warns challenge to Hormuz routes will spike Middle East tensions

Iran's top diplomat warned Sunday that any attempt to bypass the Strait of Hormuz routes agreed with the United States would "increase tensions" in the Middle East, as the countries traded attacks and accusations of violating a fragile truce.

Asia's vendors grapple with rising costs of ever-present plastics

Food vendors across Asia who rely on plastics for everything from bags to cups and containers are grappling with their rising costs, the result of the energy crisis sparked by the Middle East war.

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US commerce secretary kicks off visit to China

US Commerce Secretary Gina Raimondo is set to hold meetings with Chinese counterparts Monday on a trip to Beijing aimed at cooling trade tensions between the world's two largest economies.

New airport sparks unlikely dreams in isolated north Cyprus

Isolated for almost half a century, the self-declared Turkish Republic of Northern Cyprus has just opened a half-billion-dollar airport terminal in the hope of boosting tourism.

Ancient priest's remains are a first-of-a-kind find for Peru team

A group of Japanese and Peruvian archaeologists have discovered the 3,000-year-old tomb of a priest alongside ceramic offerings in northern Peru.

Two dead, 56 injured in Romania gas station blasts

Prosecutors opened an inquiry Sunday into two explosions at an unlicensed liquefied petroleum gas filling station that left two people dead and 56 people injured north of Romania's capital Bucharest at the weekend.

London businesses weary as vehicle pollution toll zone expands

Days ahead of the controversial expansion of London's road charging scheme for the most polluting vehicles, businesses in the British capital remain wary despite the mayor unveiling further subsidies.

Fewer stars, more scandal at 80th Venice Film Festival

The Venice Film Festival celebrates its 80th edition next week, but a Hollywood strike means many stars may be missing, leaving the spotlight to controversial directors like Roman Polanski and Woody Allen.

The fight over a 'dangerous' ideology shaping AI debate

Silicon Valley's favourite philosophy, longtermism, has helped to frame the debate on artificial intelligence around the idea of human extinction.

US stocks finish rollercoaster session higher after Powell speech

Wall Street stocks finished a volatile week on a sunny note Friday, pushing higher after investors judged Federal Reserve Chair Jerome Powell's latest speech as devoid of negative bombshells.

Hermoso part of mass strike after denying she consented to Rubiales kiss

Spanish midfielder Jenni Hermoso joined a mass strike of women players on Friday after saying she did not consent to being kissed by the country's football federation chief Luis Rubiales after Spain's victory in the Women's World Cup final.

Spain's Hermoso felt 'vulnerable and victim of assault' after Rubiales kiss

Spain midfielder Jenni Hermoso said Friday she felt like she had been assaulted by the country's football federation president Luis Rubiales when he forced a kiss on her at the World Cup final.

Hermoso set to join mass strike after denying she consented to kiss

US Fed 'prepared to raise rates further' on too-high inflation

The US Federal Reserve is prepared to raise interest rates higher -- and hold them there -- to "sustainably" bring down above-target inflation, chairman Jerome Powell said Friday.

Drought-hit Panama Canal to restrict access for one year

The drought-hit Panama Canal will maintain restrictions on the passage of ships for one year, a measure that has already led to a marine traffic jam as boats line up to enter the crucial waterway linking two oceans, an official said late Thursday.

Spanish football chief Rubiales refuses to quit over player kiss

Spanish football chief Luis Rubiales refused to resign on Friday after a week of widespread criticism for his unsolicited kiss on the lips of player Jenni Hermoso following Spain's Women's World Cup triumph.

AI risks repeating social media era's mistakes: Microsoft president

Breakneck development of artificial intelligence risked repeating mistakes made by the tech industry at the start of the social media era, Microsoft president Brad Smith told a business forum on Friday.

UN-backed deforestation carbon credits failing: study

Only a small fraction of the forest-based carbon credits that companies and governments have purchased to offset their greenhouse gas emissions actually help prevent deforestation, according to new research.

Spanish football chief Rubiales refuses to resign over player kiss

Spanish football chief Luis Rubiales refused to resign on Friday after a week of heavy criticism for his unsolicited kiss on the lips of player Jenni Hermoso following Spain's Women's World Cup triumph.

European stocks rise as Powell speech looms

European stocks pushed higher on Friday ahead of a keenly awaited speech by Federal Reserve boss Jerome Powell, brushing aside losses in Asia as investors worried he may signal further interest rate hikes.

Asian traders resume sell-off on rate fears as Powell speech looms

Asian markets sank Friday as a mini rally came to a juddering halt ahead of a keenly awaited speech by Federal Reserve boss Jerome Powell later in the day, with traders increasingly worried the bank will hike interest rates further.

China's Huawei renews patent licensing deal with Ericsson

Chinese telecoms giant Huawei said Friday it had renewed a licensing agreement with Ericsson to use each other's technologies, in a rebuff to US warnings about the risk of espionage by Beijing.

Germany's booze-free beer boom

All the fun of the Oktoberfest, without the hangover: Germans are swapping traditional beer for non-alcoholic brews, driven by health concerns and the increasing quality of booze-free options.

China-based 'Flax Typhoon' hackers targeting Taiwan govt: Microsoft

A China-based hacking group named "Flax Typhoon" has targeted dozens of Taiwanese government agencies with the likely aim of spying on them, Microsoft has revealed.

Central bankers head to Wyoming retreat seeking clarity on US interest rates

Central bankers and academics from around the world have descended upon the town of Jackson, Wyoming searching for clues on the US Federal Reserve's interest rate policy.

Possible US auto strike as unions flex muscle in 'Hot Labor Summer'

With the clock ticking down to a possible strike, Detroit carmakers are staring at tough contract negotiations with an emboldened auto workers union led by a fiery new president.

At meeting in Canada, global fund launched to protect nature

A new global biodiversity fund aimed at ramping up critical nature restoration and renewal -- objectives set out at a UN summit last year -- was ratified Thursday by the international community.

Spanish football chief Rubiales to quit over World Cup kiss scandal - reports

Spanish football chief Luis Rubiales will quit his post after being roundly condemned by the football world and beyond for forcibly kissing a Spain player on the mouth following the Women's World Cup final, several media outlets reported Thursday.

Apple unexpectedly supports Right to Repair Act

Apple on Thursday confirmed it is endorsing passage of a California law requiring major gadget makers to enable people to fix their devices without taking them back to companies.

Heat stress could threaten health of one billion cows

By the end of century, more than one billion cows worldwide could suffer from heat stress if global warming continues unabated, threatening their fertility, milk production and lives, according to research published on Thursday.

BRICS: the six new members

A brief look at the six countries which will be admitted in January 2024 to the club of large and populous emerging economies known as the BRICS:

FIFA opens disciplinary proceedings against Rubiales over kiss

FIFA opened disciplinary proceedings against Luis Rubiales on Thursday after the Spanish Football Federation (RFEF) president kissed Spain star Jenni Hermoso on the lips following the Women's World Cup final last weekend.

Turkey surprises with huge interest rate hike

Turkey's central bank on Thursday delivered a huge surprise by raising the interest rate to 25 percent as part of a transition from President Recep Tayyip Erdogan's era of unorthodox economics.

Rubiales World Cup kiss not behaviour of a federation boss, says Ancelotti

Real Madrid coach Carlo Ancelotti criticised Spanish football federation president Luis Rubiales on Thursday for kissing a female player on the lips after Spain won the World Cup.

Arizona Tribune - Economy (English)