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French strikes spread as Macron's opponents push for 'confrontation'
French railway workers and civil servants voted Thursday to join striking oil refinery staff with a walkout next week, raising fears that anger over the rising cost of living could spiral into a series of blockages.
Netflix to debut subscription with ads
Netflix on Thursday said a subscription option subsidized by ads will debut in November in a dozen countries as the streaming service strives to jumpstart growth.
Braving rockets, Iraq MPs elect president who names PM after year of deadlock
Despite a rocket attack on Baghdad's Green Zone, Iraqi lawmakers Thursday elected a new president who swiftly named a prime minister in hopes of ending a year of political gridlock and violence in the war-scarred nation.
David Hockney ode to French Riviera sells for £24 million
David Hockney's 1969 painting "Early Morning, Sainte-Maxime", inspired by a French Riviera sunrise, sold for over £24 million ($27.3 million) at a London sale Thursday -- more then double the pre-sale estimate.
At IMF, UK gets lecture on having 'coherent' fiscal policy
Britain has had its knuckles rapped over its controversial debt-fueled budget at the IMF's annual meetings, with the crisis lender's chief urging London on Thursday to maintain "coherent and consistent" policies.
Kenya denies defaulting on China railway debt
Kenya on Thursday denied it had defaulted on interest repayments on a loan advanced by China for the construction of a railway line from the port city of Mombasa that opened in 2017.
Stocks bounce after key US inflation data
Equities fell sharply on Thursday after data showed US inflation jumped more than expected in September, before quickly bouncing higher.
Inflation maintains grip on US with new jump in September
Inflation kept its hold on the US economy in September, jumping more than expected according to government data Thursday that adds to the headwinds facing President Joe Biden's Democrats shortly before midterm elections.
Yen hits lowest level against dollar since 1990
The yen on Thursday dropped to the lowest level against the dollar since 1990 after US inflation data indicated more aggressive interest rate hikes from the Federal Reserve.
Germany agrees to replace cheap national transport ticket
Germany on Thursday moved closer to approving a successor to a popular ultra-cheap, country-wide public transport ticket rolled out over the summer to curb inflation and cut carbon emissions.
Long-lost London book by Nazi-supporting French author released
The second installment of long-lost manuscripts from famed French author -- and notorious Nazi supporter -- Louis-Ferdinand Celine were published on Thursday, based on his time in London.
Ukraine restores power supplies after Russian missile salvos
Ukraine said Thursday it had reset its power grid after mass Russian strikes on energy facilities as Turkey held back on an expected offer to mediate talks between Moscow and Kyiv.
US inflation persists, higher in September over prior month
US inflation jumped more than expected in September, according to government data released Thursday, in the latest sign that pricing pressures have become more intractable despite aggressive central bank action.
UK baby murder accused wrote 'I killed them', court told
Police probing a spate of baby deaths at a UK hospital found a note stating "I am evil I did this" at the home of a nurse accused of killing them, a court was told on Wednesday.
'Challenging' year for Ikea, 10,000 layoffs in Russia
Swedish furniture giant Ikea posted a six percent rise in full-year sales on Thursday, in what it described as a "challenging" year due to inflation and scaling back in Russia.
Weak pound is major draw at London's Frieze art fair
As the global art world descends on London's Frieze fair this week, the current low value of the UK pound makes buying art in Britain particularly attractive for overseas collectors and dealers.
India's Infosys plans $1 bn buyback on strong profits
Indian outsourcing behemoth Infosys approved a $1 billion share buyback on Thursday after strong quarterly profits that reflected sustained demand for digital services.
France orders more strikers back to work as fuel shortages bite
The French government on Thursday ordered more striking workers back to a fuel depot in northern France after talks to end a three-week strike stalled, saying petrol shortages were taking too big a toll on the economy.
Stocks diverge before key US inflation data
Equities mostly rose in Europe but fell in Asia Thursday, before US inflation data that could determine the pace of Federal Reserve interest rate hikes.
Easyjet warns of another annual loss
British airline EasyJet on Thursday warned of a third annual loss in a row, as sector-wide disruption and a strong dollar offset a recovery from the pandemic.
La Liga win injunction to freeze 50 million euros of beIN assets
Spain's top football division, La Liga, has taken out a court injunction against the beIN Media Group to freeze 50 million euros ($48.5 million) of their assets after non-payment for television rights.
WWII munitions hinder Nord Stream pipeline probe
Investigations into the suspected sabotage of the Nord Stream gas pipelines linking Russia with Europe are "progressing well", despite World War II munitions on the seabed, Denmark said Thursday.
British PM faces fresh political woes after meeting with MPs
Embattled British Prime Minister Liz Truss faced fresh woes on Thursday after a prominent Conservative party insider said some of her own MPs were considering pushing for two of her former rivals to replace her.
Iraq MPs in new bid to elect president, end deadlock
Lawmakers in crisis-hit Iraq are set to meet Thursday for their fourth attempt this year to elect a new state president and break political gridlock that has sparked protests and deadly violence.
Finland hopes new nuclear reactor eases energy crunch
After over a decade of delays, the deafening sound of Finland's new Olkiluoto 3 nuclear reactor finally running its turbine at full power was welcomed with joy -- and relief.
Mideast petrolheads hope eSports takes them to the track
Virtual cars whizz by with engines roaring, as 26 drivers vie for the top spot at an online tournament in Jordan -- many dreaming one day of transitioning to real racers.
'Everything has collapsed': Russia's draft tanks small businesses
In his brand new co-working space in Chelyabinsk, a city in central Russia, entrepreneur Maxim Novikov is counting the empty seats.
Sudan schools crisis threatens grim future for children
It's the start of a new school term in Sudan, yet nine-year-old Zahra Hussein stays home helping with household chores, forced to drop out as her family's money grows ever tighter.
Asian markets drop as traders brace for key US inflation data
Equities fell in Asia and the dollar maintained its strength Thursday ahead of the release of crucial US inflation data that could determine the pace of Federal Reserve interest rate hikes.
US growth slowdown 'required' to beat inflation: Fed minutes
A slowdown of economic growth and the US job market will be "required" to bring down inflation, the Federal Reserve said in notes released Wednesday, adding that prices remain "unacceptably high."
Finance chiefs mull Ukraine aid, Russia oil price cap at IMF summit
Global finance chiefs were expected to discuss a proposed price cap on Russian oil and support for Ukraine on Wednesday as the conflict takes center stage during the IMF's annual meetings.
Andrew Bailey: Bank of England boss facing fresh storm
Andrew Bailey is no stranger to economic storms as head of the Bank of England, becoming governor just as Covid was taking hold in Britain.