BUSINESS

Jordan chalks up business success from limestone riches

Oil slides below $100 as euro sags further

Wall Street ticked upward while oil continued to slide on Wednesday as investors juggled concerns over inflation versus a recession after Federal Reserve minutes showed officials rallied around a large rate hike at their June meeting.

Tentative calm returned to global markets on Wednesday, with the euro steadying after dropping to a two-decade low and oil back above $100 a barrel following a near 10% plunge a day earlier.

Asian stocks fell and the dollar stood by a two-decade high on the euro on Wednesday as investors' fears deepened that the continent is leading the world into recession, while oil and European equity futures made a wobbly attempt to steady.

'Like a dream': Japanese grandpa draws in following as art YouTuber

The dollar rose to fresh 20-year highs on Wednesday and the euro tumbled to a new two-decade low as rising energy prices cast a long shadow over the euro zone's economy but bolstered the U.S.

The euro edged to a fresh two-decade low against the dollar on Wednesday as fears over rising energy prices and potential shortages cast a long shadow over the bloc's economy despite some reassuring headlines about gas supplies.

The euro tumbled to a new two-decade low on Wednesday as fears over rising energy prices and potential shortages cast a long shadow over the bloc's economy, while demand for safe-haven assets drove the dollar to fresh 20-year highs.

The euro was just off its lowest in almost two decades against the dollar as concerns about the impact of surging energy prices on the euro zone economy continued to weigh.

The dollar stood tall on Wednesday, holding at a 20-year peak against the euro and multi-month highs against other major peers as higher gas prices and political uncertainty renewed recession fears and sent investors scrambling to the safe-haven currency.

The dollar stood tall on Wednesday, holding at a 20-year peak against the euro and multi-month highs against other major peers as higher gas prices and political uncertainty renewed recession fears and sent investors scrambling to the safe-haven currency.

Rivals must gang up on Pogacar, says Tour de France legend Hinault

US senators call for close look at TikTok

Qantas Airways Ltd's unionised licensed aircraft engineers are voting on work stoppages of up to 12 hours and overtime bans from next month after failing to reach a pay agreement with the airline, the union's head said on Wednesday.

Oil prices dropped to a 12-week low in volatile trade on Wednesday, extending Tuesday's heavy losses as growing fears of demand destruction from a global recession outweighed supply concerns.

Oil prices rose on Wednesday, clawing back some of Tuesday's heavy losses as supply concerns returned to the fore and outweighed lingering worries about a potential global recession.

Two laid-off Tesla workers filed an emergency motion on Tuesday to stop the electric car maker for allegedly seeking separation agreements for far less severance than legally required.

A “Gorgosaurus” dinosaur skeleton will be auctioned off for the first time ever for an estimated price of around $5 million to $8 million.

A Mexican bishop has proposed a "social pact" that would include drug traffickers to tackle violence that has prompted calls for a rethink of President Andres Manuel Lopez Obrador's security policy.

The company, known for its political activism, took the unusual step of seeking an injunction after London-based Unilever last week announced it had sold its interest in the ice cream to Israeli license-holder Avi Zinger.

No place is safe: mass shootings in America

U.S. travelers braving the skies faced fewer flight delays and cancellations over the Fourth of July weekend when compared with the Memorial Day weekend in May, even as air travel approached pre-pandemic levels.

Ben & Jerry's on Tuesday sued its parent Unilever Plc to block the sale of its Israeli business to a local licensee, saying it was inconsistent with its values to sell its ice cream in the occupied West Bank.

Sunak and Javid: big hitters who quit UK government

Top ministers including Sunak turn on UK's scandal-tainted PM

A U.S. appeals court on Tuesday struck down an order by the Securities and Exchange Commission that would have allowed some financial firms that are not stock exchanges to have a say in how essential stock market data is priced and disseminated.

Subway is adding 12 new sandwiches with pre-selected ingredients under “The Subway Series."

A former managing director at Archegos Capital Management LP has sued the private investment firm and its indicted founder Bill Hwang, claiming a loss of tens of millions of dollars when the firm collapsed, causing huge losses for banks.