US Home Sales Tick Up In May But Activity Muted
Sales of existing homes in the United States edged up in May but activity remained muted on tighter supply and with interest rates still elevated, according to industry data released Thursday.
US Fed Official Says More Rate Hikes Necessary
A senior US Federal Reserve official said Thursday that additional interest rate hikes are needed to tackle historically high inflation.
Outrage Boils Year After Deadly Spain-Morocco Border Crush
The death of at least 23 migrants during an attempt to cross into Spain's North African enclave of Melilla from Morocco one year ago prompted an outcry over police actions, but advocates say no-one has been held responsible.
Turkey Hikes Interest Rate In Erdogan Policy U-turn
Turkey on Thursday pivoted away from years of unconventional economics promoted by President Recep Tayyip Erdogan as the central bank nearly doubled its key interest rate to fight inflation and steady the troubled lira.
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EU 'Enforcer' Visits Twitter, Meta As New Rules Loom
The EU commissioner in charge of enforcing Europe's new landmark rules on online content is heading to San Francisco on Thursday to ensure that the big platforms are ready.
Staged Online Videos Feed Islamophobia In Modi's India
The acting is dire and the scenarios fake, but staged videos are peddling disinformation and fanning sectarian tensions in India, which has seen rising Hindu radicalisation under nationalist Prime Minister Narendra Modi.
Fans Hail 'Dark' Storyline As New Final Fantasy Title Released
The eagerly awaited new game in the best-selling Final Fantasy franchise came out on Thursday, with fans hailing its high-spec action graphics and grown-up storyline.
13,000 Pounds Of Chicken Noodle Soup Imported From Canada Recalled In 4 States
The soups imported from Canada were reportedly not presented for reinspection.
Restaurant Explosion Kills 31 In Northwest China
At least 31 people were killed when an explosion caused by a gas leak ripped through a restaurant in the northwestern Chinese city of Yinchuan, state media said Thursday.
Australia Gives Twitter 28 Days To Clean Up 'Toxicity And Hate'
Australia's internet safety watchdog on Thursday threatened to fine Twitter for failing to tackle online abuse, saying Elon Musk's takeover had coincided with a spike in "toxicity and hate".
Bank Of England To Hike Again Over Stubborn Inflation
The Bank of England is forecast Thursday to lift interest rates for the 13th time in a row -- and may hike sharply to fight stubborn inflation despite worsening a cost-of-living crisis.
Asian Markets Track US Losses With Rates Seen Rising Further
Markets fell in Asia on Thursday as traders contemplated the prospect of more central bank interest rate hikes as they struggle to tame persistently high inflation.
Turkey Set To Pivot To Orthodoxy With Rate Hike
Turkey was widely expected Thursday to pivot away from years of unconventional economics promoted by President Recep Tayyip Erdogan and dramatically raise interest rates to fight inflation and steady the troubled lira.
Check Your Freezers: Frozen Fruits Sold At Walmart, Target Among Others Recalled Over Listeria Concerns
The recalled frozen fruit products were sold at well-known stores including Walmart, Target and Trader Joe's.
US Rolls Out Red Carpet For Modi Even As Criticism Grows
Indian Prime Minister Narendra Modi on Wednesday opened a state visit to Washington as the United States steps up its wooing of India despite simmering disagreements on Ukraine and human rights.
Journey To The Bottom Of The Sea: On A Titanic Tour
The journey to the ocean floor to reach the wreck of the Titanic is one that gets relentlessly colder and darker, says one of the handful of people who have ever visited the luxury liner's watery grave.
Paris Olympic Budget Issues Could Force Cuts, Says Government Report
The 2024 Paris Olympics are coming in significantly over budget because of an "incomprehensible lack of understanding of the complexity of the IOC's specifications", France's Court of Audit has found.
Fed Chief Says More Rate Hikes Likely But At Slower Pace
The US Federal Reserve expects to keep raising interest rates but at a slower pace, Fed chair Jerome Powell told a congressional hearing Wednesday.
In East Ukraine, People Turn To Telegram For War News
Making coffee for a soldier outside a shopping centre in eastern Ukraine, 24-year-old Nina said she gets news on the war with Russia that has rocked her country from social media.
US Regulator Approves Lab-grown Chicken For Sale: Spokesperson
The United States has granted its first ever approvals to two companies to sell chicken grown directly from animal cells, paving the way for lab-grown meat to be offered to consumers.
Welly Boot Maker Hunter Whacked By Weather
Their popularity soared when the supermodel Kate Moss wore them in the mud at the Glastonbury music festival, which started on Wednesday in southwest England.
Europe's Euclid Space Telescope To Launch On July 1
The European Space Agency said on Wednesday its space telescope Euclid is scheduled to launch on July 1, blasting off on a mission to shed light on the mysteries of dark matter and dark energy.
Iran Top Diplomat In Kuwait On Third Leg Of Gulf Tour
Iran's top diplomat arrived in Kuwait Wednesday, the third leg of a Gulf tour that saw him hold "constructive" talks with his Omani counterpart in Muscat earlier in the day.
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Discover how this innovative platform revolutionizes document shipping, simplifying the process and enhancing efficiency for a seamless experience.
Drones Steal The Spotlight At Paris Air Show
Drones of all shapes and sizes designed to carry more and more weapons or directly deliver explosives are everywhere at the Paris Air Show, matching the scale of their deployment on Ukrainian battlefields.
US Agency Sues Amazon For Tricking Customers Into Subscription Service
Amazon tricked consumers into subscribing to its "Prime" service and intentionally complicated the cancelation process, according to a US lawsuit against the retail giant filed Tuesday.
Fed Chair: May Make Sense To Raise Rates But At 'More Moderate Pace'
The US Federal Reserve expects to continue raising interest rates but to slow down the pace of hikes, Fed chair Jerome Powell told a Congressional hearing Wednesday.
Father And Son On Titanic Tourist Sub From Influential Pakistan Dynasty
The father and son aboard the missing Titanic tourist submersible hail from one of Pakistan's most prominent and wealthiest families, who are known for their philanthropic contributions to the country.
Pharrell Breaks Down Barriers Between Fashion And Music
Paris became a playground for Pharrell Williams and his celeb friends at his debut show for Louis Vuitton, collapsing the distance between fashion, music and money-spinning publicity.
Musk Meets Modi To Discuss Investment In India
Twitter owner and Tesla CEO Elon Musk said Wednesday he discussed potential "significant investments" in India after meeting Prime Minister Narendra Modi in the United States.
The 10 Richest People In The World And How They Became Uber Wealthy
From college dropouts to sons of wealthy families, these ten individuals launched the business empires that helped them become the world's richest people.
High Inflation Hinders UK Cost-of-living Fight
Britain's annual inflation rate unexpectedly remained at 8.7 percent in May, official data showed Wednesday, piling pressure on the Bank of England and government to act over a cost-of-living crisis.
Abaya Controversy Tests French Schools' Secular Limits
A reported increase in Muslim girls wearing the abaya dress at French schools has triggered a debate about their violation of the country's sacrosanct commitment to secularism in education.
Elton John And Guns N'Roses Primed As Glastonbury Music Festival Opens
The iconic Glastonbury Festival opens its doors on Wednesday, with 200,000 music fans set to descend on a farm in southwest England to see acts including Arctic Monkeys, Guns N'Roses and Elton John.
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