BUSINESS

It is still "premature" to speculate on when the US Federal Reserve will start cutting interest rates despite the bank's recent progress on inflation, Fed Chair Jerome Powell said Friday.

Alexandra Greensted was one of around 10,000 Jewish children rescued from the Nazis' clutches and transported to London, but 84 years on, she is now worried about anti-Semitism in her UK haven.

Tourists are abandoning the Middle East region due to the conflict between Israel and Hamas, putting at risk nations like Jordan, Lebanon and Egypt, whose economies depend heavily upon international tourism.

Intense fighting erupted once again in Gaza on Friday as a week-long truce expired and Israel resumed its deadly bombardment of suspected Hamas positions in the densely inhabited Palestinian territory.

The unfinished Colne Valley Viaduct traces a gentle curve over several lakes northwest of London, a picturesque symbol that belies the ugly debate over the ambitious but expensive HS2 train line.

Asian markets drifted Friday following a mixed day on Wall Street, with data showing a continued fall in US inflation unable to relight the buying that characterised much of November.

Meta filed a lawsuit late Wednesday arguing that US regulators planning to change the terms of a 2020 privacy settlement are overstepping their authority and should be stopped.

Canadian firm First Quantum Minerals on Thursday asked Panama's government to suspend the contracts of some 7,000 workers at Central America's biggest copper mine, due to be closed under a court ruling.

Billionaires are mostly concerned about geopolitical tensions and inflation.

The UK government said on Thursday it had triggered a formal probe on public interest grounds into the proposed sale of the Telegraph Media Group to an Abu Dhabi-backed investment fund.

John Williams said interest rates should keep a restrictive stance for "quite some time.''

Visiting US Secretary of State Antony Blinken told Israeli leaders on Thursday that a temporary truce in their war with Hamas was "producing results" and should continue.

The housing market is suffering from mortgage rates near the highest level in two decades.

A key inflation measure used by the US Federal Reserve to set interest rates eased further last month amid declining energy and goods prices, according to government data published Thursday.

Despite the indication of a slowdown, the numbers are more volatile because of the Thanksgiving holiday.

The PCE index had the smallest gain since March of 2021 after a drop in energy prices.

The journey from digital data confinement to seamless data access is a necessity for businesses in order to thrive in the next era of technological evolution.

China on Thursday hailed the late Henry Kissinger as an "old friend", paying tribute to a diplomat central to establishing ties between Beijing and Washington.

By combining a standard Certificate of Deposit that yields 3-6% interest depending on its maturity and an SEC Regulation D 506© Private Offering that produces 5-7% annual returns, AmeriStar produces a lucrative and low-risk investment solution.

Abdullah was a well-known public figure in Afghanistan, a journalist and university lecturer respected by his readers and students.

A German court will announce on Thursday the verdict in the trial of a Gambian man accused of belonging to a death squad that assassinated opponents of former dictator Yahya Jammeh, including an AFP journalist.

Asian markets struggled Thursday following another tepid performance on Wall Street, with focus on the release of key US inflation data that comes as traders ramp up bets the Federal Reserve will cut interest rates next year.

In a comment on X, formerly Twitter, Musk on November 15 called a post "the actual truth" that said Jewish communities advocated a "dialectical hatred against whites," which was criticized as echoing longtime conspiracy theory among White supremacists.

Four years after startling the car world with designs for the Cybertruck, Elon Musk is set Thursday to mark the arrival of Tesla's iconoclastic take on the American pickup.

More than 50 years after the last Apollo mission, the United States will try once again to land a craft on the Moon on January 25, said the head of what could be the first private company to successfully touch down on the lunar surface.

In 1853, Viscount Jose Bernardino de Sa, a Brazilian nobleman who made his fortune shipping enslaved Africans to the Americas, became the largest investor in the country's oldest bank, Banco do Brasil.

Brilliant, abrasive and ruthlessly ambitious, Henry Kissinger towered over post-World War II US foreign policy like no one else and shaped a fateful new course for the world's relationship with China.

Manchester United are facing elimination from the Champions League in the group stage after squandering a two-goal lead to draw 3-3 with Galatasaray in Istanbul on Wednesday, while Arsenal and PSV Eindhoven secured qualification for the last 16.

Rescuers scoured waters off Japan on Thursday as they searched for at least five missing US Air Force personnel whose Osprey crashed during a training exercise, in the latest incident involving the tilt-rotor military aircraft.