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Featured

Four Al-Fayed survivors told they were trafficking victims

Four women who allege abuse by late Harrods owner Mohamed Al-Fayed were confirmed as victims of human trafficking by the UK's interior ministry, a group representing the survivors told AFP on Monday.

Trump says US support for Japanese yen a 'signal of friendship'

President Donald Trump on Sunday confirmed that the United States had intervened to support the Japanese yen, calling the move a "signal of friendship" that would financially benefit the US and world economy.

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ArcelorMittal and John Cockerill announce plans to develop world’s first industrial scale low temperature, iron electrolysis plant

Volteron™ plant targeted to start-up in 2027

Markets mixed as US inflation data open way for Fed rates pause

Asian markets were mixed Wednesday after data showed US inflation fell further last month, ramping up expectations the Federal Reserve will finally pause its interest rate hike campaign.

Egypt clinic helps women reclaim bodies scarred by genital mutilation

Intissar was only 10 years old when she was forced to undergo genital mutilation, but 30 years later, one clinic is offering help for some of the millions of Egyptian women affected by the still-rampant practice.

Markets extend rally as US inflation data fans rate pause hopes

Asian investors pushed equities even higher Wednesday after data showed US inflation fell further last month, ramping up expectations the Federal Reserve will finally pause its interest rate hike campaign.

Ubisoft sets sights on VR, AI shakeups in future of gaming

French videogame titan Ubisoft is eyeing artificial intelligence and virtual reality as the next big things in gaming, its chief executive said, especially ahead of the release of Apple's new mixed reality headset.

Rescue dog that helped find lost kids in Amazon is now missing

Six-year-old tracker dog Wilson, who went missing during the ultimately successful, weeks-long search for four missing Indigenous children in the Colombian Amazon, is now the target of a rescue mission himself.

Hospital doctors in England stage 72-hour walkout

Hospital doctors in England begin a new 72-hour strike over pay on Wednesday, prompting warnings from health officials of huge disruption to patients and services.

Disney to turn updated 'Little Mermaid' into TV series

Disney on Tuesday announced a new animated children's series inspired by its 1989 film "The Little Mermaid," which like the live-action adaptation released last month will feature a black Ariel.

With Berlusconi gone, business empire faces succession question

With Silvio Berlusconi gone, the spotlight turns to a potential succession drama as his heirs inherit the controlling stake of the late Italian mogul's vast business empire.

IMF, World Bank are key counterweights to China: Yellen

US Treasury Secretary Janet Yellen said Tuesday that international financial institutions like the IMF and World Bank "reflect American values" and serve as key counterweights to "unsustainable lending from others like China."

Fed starts interest rate meeting as inflation continues to cool

The US Federal Reserve on Tuesday kicked off a two-day meeting to set its benchmark lending rate, with fresh signs of cooling inflation increasing the chance it will pause its aggressive cycle of rate hikes.

Stock markets climb on cooling US inflation

Stock markets jumped on Tuesday after data showed US inflation slowed further in May, raising hopes that the Federal Reserve will pause its interest rate-hike campaign.

US consumer inflation eases for 11th straight month

Consumer inflation in the United States cooled for an 11th straight month on an annual basis in May, the Labor Department said Tuesday, in an encouraging sign for policymakers.

Spain, Brazil to play anti-racism friendly in Madrid after Vinicius abuse

The Spanish and Brazilian football federations presented their plan on Tuesday for a friendly match at the Santiago Bernabeu in March 2024 to combat racism, after global outrage at the abuse of Real Madrid's Vinicius Junior.

European stocks rise before key US inflation data

European stock markets steadied and the dollar largely fell against main rivals Tuesday as investors awaited monthly US inflation data that could determine the Federal Reserve's next move on interest rates.

Markets track Wall St higher as inflation data looms

Markets rose on Tuesday, with investors awaiting the release of key US inflation data later in the day that could play a big role in the Federal Reserve's keenly anticipated interest rate decision.

Positive results for potential first chikungunya vaccine

French-Austrian drugmaker Valneva's vaccine candidate against chikungunya, a mosquito-borne virus that causes occasional outbreaks across the world, showed promising results in a large new trial, a study said on Tuesday.

Hit by Russian war, UNESCO-listed Czech spas seek restart

UNESCO-listed Czech spa towns are hunting for new clients following a dramatic decrease in their foreign clientele due to the Covid outbreak and Russia's war on Ukraine.

Ukraine children with disabilities struggle for therapy abroad

More than a year after fleeing from Ukraine to Hungary with her autistic son Roman, Iryna Bryk has still not found suitable therapy for her nine-year-old.

Ubisoft teases VR version of hit game 'Assassin's Creed'

French videogame powerhouse Ubisoft on Monday announced that a virtual reality version of its blockbuster "Assassin's Creed" franchise will be available by year's end.

Asian markets struggle to match Wall St as inflation data looms

Markets were mixed in Asia on Tuesday, with investors awaiting the release of key US inflation data later in the day that could play a big role in the Federal Reserve's keenly anticipated interest rate decision.

Courage, 'intelligence' got children through 40-day jungle odyssey

Ample courage and honed jungle smarts have been hailed as the main reasons four Indigenous children managed to stay alive in Colombia's Amazon jungle for 40 days after surviving a plane crash.

Target of the right, George Soros hands reins to son

As George Soros passes control of his philanthropic empire to his son, the legendary investor and democracy advocate remains subject to unrelenting and often anti-Semitic attacks from the right.

Suspect in France shooting of UK girl charged with murder: prosecutor

The suspect accused of shooting dead an 11-year-old British girl in France and gravely wounding her parents has been charged with murder and remanded in custody, a prosecutor said on Monday.

JPMorgan Chase to pay $290 mn to settle with Epstein's victims

JPMorgan Chase has agreed to pay $290 million to settle a class action lawsuit brought by victims of Jeffrey Epstein's sex trafficking scheme, the accusers' lawyer said Monday.

Initial Heathrow strikes suspended after new pay offer

Planned strike action by security staff at London's Heathrow airport later this month has been called off after unions recommended they accept a pay deal, both sides said on Monday.

Stocks advance as markets focus on rate calls

Major stock markets mostly advanced Monday, with all eyes on central banks this week and their latest decisions over interest rates as inflation remains high.

HSBC relaunches SVB UK as 'innovation' division

Asia-focused bank giant HSBC on Monday relaunched the recently-acquired UK arm of collapsed US lender Silicon Valley Bank as part of a major push into technology and life sciences.

UBS completes takeover of Credit Suisse

UBS announced Monday it had finalised the takeover of its former rival Credit Suisse, clearing the way for the Herculean task of integrating two of the world's most important banks.

Sergio Ermotti: George Clooney of Swiss banking tasked with mega-merger

Sergio Ermotti returned as chief executive of UBS to mastermind the merger with Credit Suisse -- an onerous task which begins in earnest on Monday after the takeover was finalised.

Stocks advance, dollar down as markets focus on rate calls