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The Netherlands said Friday it would end production at Europe's largest gas field on October 1 after years of earthquakes, despite global energy worries sparked by Russia's war in Ukraine.
Security officers at London's Heathrow Airport have called off strikes over the peak-demand summer months after voting to accept an improved pay offer, their union said Friday.
UK private-sector growth has slowed to a three-month low as soaring interest rates and stubbornly high inflation fuelled by rising food prices worsens a cost-of-living crisis, data showed Friday.
A global climate summit wrapped up Friday with a "consensus" that the international financial system was woefully inadequate in an era of global warming, after taking small steps to helping debt-burdened developing nations.
Equity markets declined Friday as traders eyed more interest-rate rises after another week of hikes by central banks to combat elevated inflation.
Jubilant lawmakers in Lusaka sang Zambia's national anthem on Friday after foreign lenders agreed to restructure part of the country's debt, a move that entrepreneurs said brought hope for the crippled economy.
Eurozone economic activity worsened in June to a five-month low, hit hard by a fall in industrial production, a keenly watched survey showed on Friday.
Kenyan President William Ruto does not hold back when describing the global lending system: it is "unfair, it's punitive, it doesn't give everybody a fair chance".
Equity markets sank Friday and oil extended a sharp selloff after a string of interest rate hikes by central banks revived worries about the global economy.
Indonesian livestreamer Christine Febriyanti stood in a room crammed with clothes in Jakarta, hawking colourful garments to hundreds of viewers on a TikTok livestream for a local fashion brand.
Equity markets sank Friday and oil extended a sharp selloff after a string of interest rate hikes by central banks revived worries about the global economy.
The EU's top tech enforcer warned Elon Musk on Thursday that Twitter must have enough resources to moderate dangerous content by August 25 or risk being in violation of the bloc's landmark rules to rein in big tech.
Japan's consumer prices rose 3.2 percent year on year in May, with the pace of inflation slowing from the 3.4 percent recorded in April, government data showed Friday.
Global stocks were mixed Thursday with European bourses falling after a clutch of central banks in Europe hiked interest rates again, while US equities shook off recent weakness.
A Dutch court has ruled that Isabel dos Santos, the daughter of Angola's late former president, illegally diverted 52 million euros from the southwestern African nation's state oil company.
The operator of a submersible missing near the wreck of the Titanic said Thursday it believed all five people on board were dead, due to what the Coast Guard described as a "catastrophic" implosion of the vessel in the ocean depths.
Copper-rich Zambia, the first African country to default on its debt during the Covid pandemic, on Thursday secured a deal from creditors to restructure its debt at a global finance summit in Paris.
Millions of Britons are facing fresh mortgage misery after the Bank of England increased interest rates by an unexpected half-point, putting homeowners at risk of higher repayments on their loans during a cost-of-living crisis.
The Bank of England lifted Thursday its key interest rate by a half-point to five percent to tackle stubbornly high inflation, despite such a move worsening a cost-of-living crisis.
The United Nations has put Russian military forces and proxy armed groups on its "list of shame" over violating children's rights in its war in Ukraine, according to a document seen by AFP Thursday.
The head of the Red Cross federation, the world's largest humanitarian network, is stepping down, a spokesman confirmed Thursday, following a row in Italy surrounding the Rome Pride event.
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.
AD Ports Group of the United Arab Emirates (UAE) signed an agreement Thursday to take over the running of part of Pakistan's main Karachi docking facility in a deal worth an immediate $220 million, the company said.
Stock markets retreated Thursday as a clutch of central banks in Europe hiked interest rates again to combat persistently high inflation.
A senior US Federal Reserve official said Thursday that additional interest rate hikes are needed to tackle historically high inflation.
If world leaders and the heads of multilateral development banks gathered at a Paris summit recognise that climate goals depend on revamping the architecture of global finance, it would be a "historic" development, a top development economist said Thursday.
Hafize Gaye Erkan can be forgiven for approaching her new job with caution after moving from the bright lights of Wall Street to the treacherous terrain of Turkey's much-maligned central bank, a place where job security is scarce.
The Bank of England Thursday lifted its key interest rate by a half-point to five percent to tackle stubbornly high UK inflation despite such a move worsening a cost-of-living crisis.
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.
Tech titans Mark Zuckerberg and Elon Musk are in a fierce business rivalry that has spilt over into a playground spat, with the two men offering to fight each other in a cage.
European stock markets retreated Thursday as traders track more rate hikes from central banks aimed at cooling elevated inflation.
Markets in Asia and Europe fell on Thursday as traders contemplated the prospect of more central bank interest rate hikes as they struggle to tame persistently high inflation.
International Monetary Fund (IMF) and World Bank officials are joining dozens of economic leaders for a two-day summit in Paris, aiming to tackle the interlinked challenges of poverty alleviation and climate change.
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.
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.
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 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.
Dozens of global leaders will gather in Paris Thursday for a summit to tease out a new consensus on international economic reforms to help debt-burdened developing countries face a growing onslaught of challenges, particularly climate change.
Brazil's central bank held its key interest rate unchanged a seventh straight time Wednesday and gave no sign it was prepared to start lowering it soon, despite pressure from President Luiz Inacio Lula da Silva.