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UK economy posts surprise growth in November: data
Britain's economy unexpectedly grew in November, official data showed Friday, but it is widely tipped to enter recession this year as the country faces a cost-of-living crisis.
Auctioneers eye new record for Tintin artwork at sale
Known around the world for his blond quiff and daring adventures, Belgian comic book hero Tintin is setting the art world astir with an original illustration that could set a new record at auction.
Leading trio do battle to become Czech president at polls
A billionaire, a general and an academic are favourites going into the first round of the Czech presidential election that begins Friday and concludes on Saturday and is seen by observers as too close to call.
China imports, exports plunge in December: customs
China's exports in December fell at their fastest pace since 2020, according to official data Friday, owing to a drop in global demand and after health restrictions hit economic activity at home.
Top woman conductor says Blanchett's 'Tar' is 'misogynistic'
"Tar" is tipped to win Cate Blanchett a third Oscar for her role as a power-hungry conductor, but for one real-life pioneer in the job, the film does a "disservice to women".
De La Soul finally stream albums after years of legal woes
Hip-hop pioneers De La Soul are finally releasing their classic early hits on streaming platforms from Friday after decades-long battles over their samples.
'Thank God you're alive': tears, grief as phones ring again in Tigray
Beniam Yetbarek didn't even know his cousin was alive when the phone rang on Christmas Eve, and a voice he hadn't heard in two years crackled down the line from Tigray.
German economy weathering hard winter but risks loom
The surge in energy prices that followed Russia's invasion of Ukraine has pushed Germany to the brink of a recession, but the economic pain appears to be less severe than originally feared.
Full brunt of financial tightening yet to materialize: IMF
Countries have yet to see the full impact of tightening financial conditions, IMF chief Kristalina Georgieva said Thursday, warning that central banks have some way to go in their inflation battle.
Turkey lashes out at Sweden over Kurdish tweet
Turkey on Thursday summoned Sweden's ambassador to lodge an angry protest over a video posted by a Kurdish group in Stockholm that depicted President Recep Tayyip Erdogan swinging by his legs from a rope.
Stocks rise as US inflation falls
Europe and US stock markets rose Thursday as investors digested data showing a softening of US consumer inflation, potentially giving the Federal Reserve room to slow its interest rate hikes.
UN calls for urgent help to combat acute child malnutrition
The United Nations called Thursday for urgent funding to help 30 million children suffering from acute malnutrition "before it is too late" in countries being hammered by the food crisis.
US inflation hits slowest pace in over a year amid hopes of less hawkish Fed
Consumer inflation in the United States slipped in December to the lowest level in over a year, government data showed on Thursday, signaling the worst of red-hot price increases may be over.
UAE agrees to roll over Pakistan debt, add $1 billion more
The United Arab Emirates has agreed to roll over $2 billion owed by Pakistan and provide the country with an extra loan of $1 billion, Islamabad said Thursday.
Stocks mostly up before key US inflation data
Global stock markets mostly rose Thursday before data that is widely expected to show another softening of US consumer inflation, giving the Federal Reserve room to slow its interest rate hikes.
Harry tell-all book 'Spare' sells 1.4 mn copies on first day
Prince Harry's autobiography "Spare" sold 1.4 million English-language copies on its first day in the UK, United States and Canada, publisher Penguin Random House said on Thursday.
UAE names oil chief to head COP28 climate talks
The head of the United Arab Emirates' national oil company was named Thursday as president of this year's COP28 climate talks, prompting fierce criticism from environmental activists.
China lockdown hits Uniqlo parent's first-quarter profit
Fast Retailing, the parent company of Japanese clothing giant Uniqlo, said Thursday its net profit for the first quarter slid 9.1 percent because of the Covid-19 lockdown in China.
Analysts expect slowing US inflation, fueling hopes of less hawkish Fed
Consumer inflation in the United States is set to ease further in December, analysts say, in an encouraging trend that could bring some reprieve from rising interest rates.
Asian markets rise on optimism ahead of US inflation data
Asian markets rose Thursday as traders grew confident ahead of data later in the day that is expected to show another softening of US inflation, giving the Federal Reserve room to slow its pace of interest rate hikes.
US aviation regulator probing system outage after huge disruption
Aviation authorities were racing Wednesday to figure out what caused the outage of a crucial alert system that forced the temporary halt on all US domestic takeoffs, triggering thousands of delays and cancellations.
Global stocks rise as market bets on better US inflation data
Global stock markets mostly rallied Wednesday as investors were buoyed by optimism over China's reopening and upcoming data expected to show a further slowdown in US inflation.
US flights grounded over system outage, snarling airports
Aviation authorities were forced to temporarily ground all domestic flights across the United States on Wednesday due to a crucial alert system outage, triggering thousands of delays and cancellations.
Pharma lobby blasts 'stupid' pandemic patent plans
Stripping patent protection from Covid-19 treatments is a "mind-bogglingly stupid" idea, the head of a leading pharmaceutical lobby said Wednesday, warning that the move would put industry innovation at risk.
Hellish day at US airports after air traffic outage
Thousands of flights were canceled or delayed in the United States Wednesday following an hours-long nationwide grounding of departures due to an outage of a key computer system used by pilots.
UK minister meets N.Ireland politicians in bid to end deadlock
UK Foreign Secretary James Cleverly on Wednesday met Northern Ireland politicians to try to break months of political deadlock over post-Brexit trading rules and end a boycott of the power-sharing assembly in Belfast.
Crisis-hit Egypt's currency halved in value since March
The Egyptian pound traded Wednesday at half its value from March after the central bank intervened for a third time as part of an International Monetary Fund loan agreement.
Five things to know about the Czech Republic
The Czech Republic, which holds the first round of its presidential election on Friday and Saturday, is an ex-communist country that has been a part of the European Union since 2004.
Ex-PM, NATO general, economist lead Czech presidential vote
Three candidates -- a billionaire ex-premier, a former NATO general and an economist -- lead the polls ahead of Friday's first round of Czech presidential election.
Flights gradually resuming in US after nationwide stoppage
US air authorities ordered an hours-long grounding of flight departures nationwide Wednesday following an outage affecting a key system used by pilots before takeoff.
Tycoon Arnault names daughter Delphine as Dior chief
French billionaire Bernard Arnault announced Wednesday that his daughter Delphine would head his LVMH luxury empire's Dior fashion house in a leadership shuffle also featuring a new CEO at flagship brand Louis Vuitton.
World stocks mostly rise on recovery hopes before inflation data
Global stock markets mostly rallied Wednesday as investors were buoyed by optimism over China's reopening and looming data expected to show a further slowdown in US inflation.