BUSINESS

Turkey's new economic team is pivoting away from the unconventional policies promoted by President Recep Tayyip Erdogan

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.

One Still Missing After Paris Building Blast Injured 50

The shockwave from the blast knocked out windows up to 400 metres (440 yards) away
One person was still missing on Thursday after a blast ripped through a building in central Paris, while six others were in critical condition receiving urgent treatment in hospital as rescuers sifted through wreckage.
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Turkey's consumer prices rose at an annual rate of 85 percent at one stage last year

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.
The journey to reach the wreck of the Titanic in a tiny submersible is cold and dark, but spectacular, says one of the handful of people who has done it

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.
Sogitec's drone flight simulator to train UAV pilots

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.
Britain's food price inflation remains close to an all-time high

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.
US President Joe Biden (C) speaks alongside British Prime Minister Rishi Sunak (R) and Australian Prime Minister Anthony Albanese (L) at an AUKUS summit in March

Ex-Australia PM Feared Macron Would 'Kill' Nuclear Sub Deal: Book

Former Australian leader Scott Morrison hid plans to ditch a French submarine contract for fear a furious Paris would find a way to "kill" his new deal with the United States and United Kingdom, he reveals in an upcoming book seen by AFP. The scandal, which saw Morrison work in secret with London and Washington to procure nuclear submarines before breaking the contract with Paris, highlighted the fragility of transatlantic trust, with ties still recovering from the 2021 revelation.
Apple unveiled its Live Speech feature in May that uses machine learning -- the term Apple uses for AI -- to re-create a user's voice

How Big Tech Embraced Disabled Users

Buried beneath the hype of the artificial intelligence revolution, big tech is quietly rolling out services for disabled people that it hopes will push a greater transformation for customers.

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