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Equities sink as central banks hike rates further
Global stocks sank Thursday as central banks hiked interest rates again and signalled they needed to go higher to fight inflation.
US retail sales contract in November on auto and other goods
Retail sales in the US turned negative in November as the holiday shopping season got underway, dragged by auto, furniture and building supplies, according to official data released Thursday.
ECB opts for smaller rate hike but inflation still 'far too high'
The European Central Bank opted for a smaller interest rate rise of half a percentage point on Thursday but warned it expects "significantly" further hikes as red-hot inflation was still "far too high".
Bank of England lifts interest rate to 14-year high
The Bank of England on Thursday hiked its interest rate by half a point to 3.5 percent, the highest level in 14 years, in a bid to cool sky-high inflation.
Lithuanian firm makes stoves from car parts for power-starved Ukrainians
As winter temperatures plunge, a Lithuanian metal processing company has been turning used car parts into small stoves to keep war-weary and power-starved Ukrainians warm.
New Volkswagen boss eyes tapping the brakes on software drive
Volkswagen's new boss Oliver Blume will seek to rally the board and shareholders at back-to-back meetings from Thursday to support his strategy on a crucial automotive software that felled his predecessor.
Back from underworld: Greek city's cultural rebirth
It was the Greek city where the ancients flocked in the hope of learning the secret of life after death.
Going pro: Senegal's young gamers betting on eSport
Avid fans of the best-selling FIFA video game watched on a big screen as leading Senegalese gamers battled it out as virtual iterations of footballing royalty like Cristiano Ronaldo and Olivier Giroud.
Equities sink on Fed outlook, before Europe rate calls
Global stocks sank Thursday and the dollar rose after the US Federal Reserve hiked interest rates again and signalled they would go higher to fight inflation.
Boris Becker released from UK jail for deportation: media
Former tennis superstar Boris Becker has been released from prison after serving a sentence relating to his 2017 bankruptcy, British media said on Thursday.
Markets sink with Wall St on hawkish Fed outlook
Asian and European equities fell Thursday after the Federal Reserve signalled US interest rates would go higher than expected and warned the world's biggest economy would grow less than expected next year, fanning fears a recession is on the way.
Bulgarians stock up on firewood as energy costs surge
Winter is closing in but the sound of chainsaws still reverberates on the forest-covered slopes of the mountains in northern Bulgaria, while horses stand ready to transport the freshly cut wood down the steep paths.
'It all fell on me': Russian mothers alone as draft exiles dads
Wrapped up in brightly coloured snowsuits, Yekaterina Filimonova cycles through Moscow's snow-blanketed streets with her three sons to their nursery.
Let the good times roll? Bangkok becomes Southeast Asia's weed Wild West
From sleek boutiques to rickety stalls, hundreds of cannabis dispensaries have sprouted across Bangkok following decriminalisation, but in a nation once infamous for tough drug laws, Thai vendors are asking: can the high times last?
Black Colombian army major breaks ranks by wearing natural hair
A Colombian army major, Martha Estrada, has made history by becoming the first Black policewoman to wear her hair unstraightened while on duty, a symbolic advancement in the country's battle against discrimination.
One of Ireland's last Traveller tinsmiths mourns lost way of life
Warmed by a wood-burning stove and thinking of the past, James Collins often works with tin late into the evening, the passing of time punctuated by the steady tap of his hammer.
Google says does not change search results after Hong Kong anthem row
Google said Thursday it does not manipulate search results, after Hong Kong's government said the tech giant had refused its demand to remove a popular protest song.
'No space': German hospitals overwhelmed by sick kids
When Debora Zilz rushed her baby son Andreas to a Berlin hospital because of a serious respiratory illness, she got a shock.
UK nurses begin unprecedented walkout
UK nurses on Thursday begin an unprecedented strike as a "last resort" in their fight for better wages and working conditions, despite warnings it could put patients at risk.
ECB tipped to follow Fed with smaller rate hike
The European Central Bank is expected to follow the US Federal Reserve's lead on Thursday and opt for a smaller interest rate hike, analysts said, on signs that red-hot inflation is finally easing.
Asian markets sink with Wall St on hawkish Fed outlook
Asian equities fell Thursday after the Federal Reserve signalled US interest rates would go higher than expected and warned the world's biggest economy would grow less than expected next year, fanning fears a recession is on the way.
World Cup run temporarily masks Argentina's inflation misery
Argentina's economy may be sinking but the entire country is buoyant, basking in the elation of its football team led by iconic captain Lionel Messi reaching the World Cup final.
US political world seeks distance from disgraced donor Bankman-Fried
After years of benefitting from the enormous contributions of FTX founder Sam Bankman-Fried -- accused of massive financial fraud -- America's political elite are now skittering away, eager to put distance between themselves and the disgraced cryptocurrency darling.
US regulator says reform will boost individual investors
Emphasizing the need to protect small investors, US securities regulators Wednesday proposed new rules to ensure competition in the execution of stock market trades.
US stocks retreat as Fed says more work to do to counter inflation
US stocks declined along with the dollar on Wednesday after the Federal Reserve lifted interest rates again and signaled that it expects more hikes ahead.
US Fed downshifts campaign to tame inflation but still 'some ways to go'
The Federal Reserve moderated its all-out campaign to cool US inflation Wednesday, lifting the benchmark lending rate by a half percentage point though warning there is still "some ways to go."
S.Africa's power utility CEO resigns amid energy crisis
The head of South Africa's beleaguered state-owned power utility Eskom, Andre de Ruyter, has resigned, the company said on Wednesday, as the country suffers from a worsening energy crisis.
Germany signs contract to buy F-35 jets
Germany on Wednesday signed a deal to buy dozens of US-made F-35 fighter jets, US officials said, part of the country's military overhaul following Russia's invasion of Ukraine.
US Fed downshifts all-out campaign to tame inflation
The Federal Reserve moderated its all-out campaign to cool US inflation Wednesday, lifting the benchmark lending rate by a half percentage point as its policy actions ripple through the economy.
Morocco-Qatar special World Cup flights cancelled: airline
Morocco's national carrier announced Wednesday that some special flights operated by its Qatari counterpart to Doha had been cancelled for fans seeking to watch the World Cup semi-final.
Twitter suspends account tracking Elon Musk's jet
A Twitter account that tracked flights of Elon Musk's private jet put out word Wednesday that it was suspended by the platform despite the billionaire's talk of free speech.
French prosecutors search Macron's party offices
French prosecutors said Wednesday that they had searched the headquarters of President Emmanuel Macron's Renaissance party in their investigation into the use of consulting firms by the government since 2017.