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Hormuz ship traffic climbs after war deal: trackers

Shipping traffic through the Strait of Hormuz rose to its busiest in two months after a deal to halt the US-Iran war, maritime trackers said on Friday.

Oil edges back up, shares steady after US-Iran talks postponed

Oil prices edged back up and stock markets stabilised Friday after postponement of US-Iran peace deal talks.

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French publisher drops book by writer accused of child rape

A French publisher said Monday that it would suspend plans to release a book by writer Gabriel Matzneff, currently under investigation for raping children, after its staff received "death threats".

Philips to cut 4,000 jobs as recall losses deepen

Dutch medical device manufacturer Philips said Monday it will slash 4,000 jobs after a massive financial hit for a recall of faulty sleep respirators pushed it into loss.

Eurozone contracts further as Germany heads for recession

Germany, the EU's top economy and Europe's export powerhouse, looks headed for imminent recession, according to a closely watched survey Monday that pointed to a deepening eurozone contraction.

Heat, then floods ruin Pakistani farmers' livelihoods

Generations of Rahim Buksh's ancestors have laboured in the rice paddies and wheat fields surrounding Pakistan's hottest city, no strangers to intense summers or monsoon rains.

China economy grows, but Xi's new power spooks investors

China's economy grew at a faster pace than forecast in the third quarter, official data showed Monday, but investors reacted with alarm to President Xi Jinping's sweeping new powers over the ruling Communist Party.

Plastic recycling remains a 'myth': Greenpeace study

Plastic recycling rates are declining even as production shoots up, according to a Greenpeace USA report out Monday that blasted industry claims of creating an efficient, circular economy as "fiction."

Ukraine slams Russia's 'dirty bomb' claims as 'dangerous' lies

Ukraine slammed Russia on Sunday for alleging Kyiv was planning to use a radioactive bomb in its own territory, calling the claims "dangerous" lies and prompting Western allies to warn Moscow against using any pretext for escalating the conflict.

ECB again eyes jumbo rate hike to 'tame inflation beast'

The European Central Bank is expected to set aside recession worries and deliver another jumbo interest rate hike this week to cool inflation, as Russia's war on Ukraine sends energy prices soaring.

Feathers fly as Philippine cockfighting shakes off Covid closures

In a raucous cockpit in the Philippines, Dennis de la Cruz grins from ear to ear as he watches his roosters slash their opponents to death in a frenzy of blood and feathers.

China economy grows 3.9 percent year-on-year in third quarter

China's economy grew 3.9 percent year-on-year in the third quarter, according to official data released Monday, beating forecasts a day after President Xi Jinping was re-elected to a historic third term as leader.

Nine dead and 47 wounded in attack on south Somalia hotel

Nine people were killed and 47 wounded Sunday in an attack on a hotel in Kismayo, southern Somalia, claimed by the Al-Shabaab Islamist group, the region's security minister said.

Ukraine dismisses Russia's 'dirty bomb' claims as 'lies'

Ukraine on Sunday denounced as dangerous lies suggestions from Russia that it was preparing to use a "dirty bomb".

At least four dead in attack on south Somalia hotel

At least four people have been killed in an attack on a hotel in Kismayo, southern Somalia, claimed by Al-Shabaab Islamists, police and a witness said on Sunday.

$Meloni takes over as Italian PM, urges fractious allies to unite$

Meloni takes over as Italian PM, urges fractious allies to unite

Far-right leader Giorgia Meloni took office Sunday as Italy's first woman prime minister, calling on the fractious members of her coalition government to unite as they face looming crises on several fronts.

Europe faces long-term pain from energy crisis: Shell CEO

Europe faces painful "industrial rationalisation" due to its energy crisis that risks political trouble, the head of Shell warned Sunday, as the oil giant joined a natural gas project in Qatar.

Verstappen leads tributes to Red Bull founder Mateschitz

Formula One world champion Max Verstappen led the tributes on Sunday to Red Bull founder Dietrich Mateschitz, who turned the energy drink into a worldwide success and pumped money into a title-winning F1 team and several football clubs.

Far-right Meloni takes over as Italy's first woman PM

Giorgia Meloni officially took over Sunday as Italy's first woman prime minister at the helm of the country's most right-wing government since World War II.

Underground life endures near Ukraine front

Sergiy Miliutin was meant to be handing out competition awards to children at a nuclear bunker instead of sitting at his desk dealing with emergencies as his south Ukrainian city slowly lost its lights.

Sunak makes second bid to become UK's first Hindu PM

Rishi Sunak looked set for at least several years in the political wilderness after helping topple ex-prime minister Boris Johnson but then losing to Liz Truss in the summer's Conservative leadership contest.

French chateaux brace for huge winter heating bills

Inside his French chateau on the riverbanks of the Loire, Xavier Leleve dreads to find out how much it will cost to heat the 12th-century building this winter.

Far-right Meloni to take over as Italy's first woman PM

Giorgia Meloni formally takes over as Italy's first woman prime minister on Sunday, a day after being sworn in as the leader of the country's most right-wing government since World War II.

Literature finds unlikely social media partner in TikTok

Best-selling German author Sarah Sprinz's series of young adult books has received a boost from an unlikely quarter: a community of literary enthusiasts on social media platform TikTok.

Afghan cyclists to race to raise 'alarm' over women's plight

For Afghan refugee cyclist Masomah Ali Zada, it will be a bittersweet moment. For the first time in five years, she will take part in the Afghanistan Women's Cycling Championships on Sunday, but not in Kabul.

Dietrich Mateschitz: Low-profile Austrian behind Red Bull empire

Austrian billionaire Dietrich Mateschitz, who died Saturday at the age of 78, built a sports and media empire around his Red Bull energy drink, ensuring its global fame and wide-reaching legacy.

Berlin rally for Iran draws 80,000

Some 80,000 people joined a Berlin rally Saturday in solidarity with women-led protests in Iran sparked by the death in custody of Mahsa Amini, a police spokesman told AFP.

Spanish soccer star Garcia 'glad to pay more tax to help out'

Athletic Bilbao forward Raul Garcia agrees with the Spanish government's plan to impose a temporary tax on the richest people in the country.

'Too late': Escape routes close on Ukraine's new front

The newborn peeking out of a pink blanket in a hospital on the north bank of Ukraine's Dnieper river may never see her grandparents back home in the Russian-occupied south.

A spate of drownings: Classes help Black Americans learn to swim

Ten-year-old Aiden Reed had reason to be a little nervous as he dipped into a swimming pool in Washington.

Infantino says broadcasters offer '100 times less' for Women's World Cup

FIFA president Gianni Infantino on Saturday criticised television broadcasters who have offered "100 times less" to screen the Women's World Cup compared to the men's.

UK's Sunak qualifies for PM race as Johnson eyes comeback

British Conservative politician Rishi Sunak late Friday reached the minimum threshold to run for party leader, as former prime minister Boris Johnson targeted an audacious comeback.

Mordaunt enters Tory race as Johnson eyes comeback as PM

Britain's divisive former leader Boris Johnson on Friday received heavyweight Conservative backing to stage a sensational comeback following the resignation of Prime Minister Liz Truss.

Pro-Draghi League moderate named Italy economy minister

Giancarlo Giorgetti, named Italy's new economy minister on Friday, is considered one of the more moderate, pro-Europe members of Matteo Salvini's League party.

Arizona Tribune - Economy (English)