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Indian rupee breaches 80 per dollar, hits new record low
The Indian rupee fell to more than 80 per US dollar for the first time on record Tuesday, as the greenback extended its rally and foreign capital outflows intensified.
SAS and pilots' unions reach agreement, ending strike
Scandinavian airline SAS and the unions representing their pilots said Tuesday that they had reached an agreement, ending a two-week strike that has cost the ailing airline between $9 and $12 million a day.
Amanda Lee named first female pilot in US navy aviation team
The US Navy's famed aerial display team, the Blue Angels, named Lieutenant Amanda Lee on Monday as its first female pilot to fly fighter aircraft.
US bank results highlight risk and resiliency
Despite mounting worries over inflation, just-released bank earnings painted a resilient picture of the US economy and consumer, generating talk that any recession might be milder than earlier downturns.
Heatwave-hit Farnborough airshow basks in bumper Boeing order
Britain's Farnborough airshow flew into view Monday under a sweltering heatwave, as US planemaker Boeing basked in the glow of the first gigantic order in global aviation's first get-together since Covid.
Russian shelling kills 6 in Donbas, EU defends sanctions on Moscow
Russian shelling of a town in eastern Ukraine Monday killed six people, Kyiv said, as EU ministers meeting in Brussels insisted that the pressure of Western sanctions on Moscow was working.
Stellantis ending Jeep production in China
US-European carmaker Stellantis said on Monday it was ending production in China of its Jeep SUV after failing to acquire a majority stake in its joint venture with local firm GAC.
Goldman Sachs profits tumble despite strong trading results
Goldman Sachs reported a 48 percent drop in quarterly earnings Monday after setting aside more funds in case of bad loans, but shares rose as it topped analyst estimates.
Johannesburg transport project digs into wounds of the past
Off Johannesburg's main highway, surrounded by skyscrapers, heavy machinery has unearthed one of the city's original wounds -- a deep gash left by the 1880s gold rush.
Panama government and protesters strike deals to clear key highway
Panama's government and indigenous leaders reached a second deal Sunday to clear all remaining demonstrators from the Panamerican Highway in exchange for lower fuel prices, ending a two-week blockade that had stymied food deliveries.
Markets track Wall St higher on easing recession fears
Stocks rose Monday following a rally on Wall Street in response to data indicating US consumers remained resilient to surging inflation and higher interest rates, easing concerns about a possible recession.
Hunger pains on Slave Island as Sri Lanka's food prices rocket
His hair is neatly combed but his cheeks are sunken and veins visible on his gaunt frame: like many Sri Lankans, Milton Pereira and his family cannot afford to buy enough food.
China urges banks to support property sector after mortgage boycott
China's banking regulator has urged lenders to extend more credit to real estate developers, as a growing number of homebuyers withhold mortgage payments on unfinished housing projects across 50 cities.
China banks vow to repay more customers after protests
Chinese regulators have promised to repay more victims of one of the country's biggest-ever banking scandals, after hundreds of thousands of customers were left without access to funds, triggering rare mass protests.
Asian markets track Wall St higher on easing recession fears
Stocks rose in Asia on Monday following a rally on Wall Street in response to data indicating US consumers remained resilient to surging inflation and higher interest rates, easing concerns about a possible recession.
Long lines in New York for monkeypox vaccine
On a hot Sunday afternoon in New York, the epicenter of the US monkeypox outbreak, a long line of men aged 20 to 40 wait for a vaccine to protect themselves and their loved ones against the virus.
'Thor' rules again at North American box office
Marvel's latest superhero flick "Thor: Love and Thunder" pounded opponents for a second straight week to top the North American box office with an estimated $46 million haul, industry watcher Exhibitor Relations reported Sunday.
Protesters in Panama leave part of key highway
Panama's government and indigenous leaders reached a deal Sunday to clear demonstrators from part of the Panamerican Highway in exchange for lower fuel prices, but other stretches of the strategic route remained blocked by protesters demanding more concessions.
All eight crew killed in cargo plane crash in Greece
All eight crew members of a cargo plane that crashed near the Greek city of Kavala died in the accident, Serbia's defence minister said on Sunday.
Sri Lanka protest movement reaches 100 days
Sri Lanka's protest movement reached its 100th day Sunday having forced one president from office and now turning its sights on his successor as the country's economic crisis continues.
What's next for the euro after slump against dollar?
The euro's plunge against the dollar, triggered by the Ukraine war and mounting risks to the EU economy, has driven the two currencies to parity for the first time in two decades.
G20 finance talks overshadowed by Ukraine end without joint communique
A two-day meeting of finance ministers from the Group of 20 major economies ended Saturday in Indonesia without a joint communique after Russia's war in Ukraine divided the global forum.
G20 finance talks to end without joint communique: officials
A two-day meeting of G20 finance ministers in Indonesia is expected to end Saturday without a joint communique, two officials said, after Russia's war in Ukraine overshadowed proceedings.
Russia accused of shelling from captured Ukraine nuclear plant
Russia is using Europe's largest nuclear power plant as a base to store weapons including "missile systems" and shell the surrounding areas in Ukraine, an official with Kyiv's nuclear agency said Friday, while nearly the entire country was placed on air raid alert.
GSK spin-off to create consumer healthcare giant
British drugs giant GlaxoSmithKline on Monday demerges its newly-named consumer healthcare unit Haleon, resulting in what is set to be London's largest new stock market listing in more than a decade.
Biden to talk oil at Arab summit concluding Middle East tour
US President Joe Biden is set to discuss volatile oil prices during a summit with Arab leaders on Saturday in Saudi Arabia, the final stop of his Middle East tour.
Elon Musk asks to delay start of Twitter court battle
Tesla chief Elon Musk asked a Delaware court Friday to reject a bid by Twitter to put their $44 billion merger lawsuit on trial in September, instead asking to push it back until next year.
Elon Musk asks court to delay start of Twitter court battle
Tesla chief Elon Musk asked a Delaware court Friday to reject a bid by Twitter to put their $44 billion merger lawsuit on trial in September, instead asking to push it back until next year.
Highway blocked as Panama protests persist
Large trucks and banner-waving demonstrators blocked the Panamerican Highway and other roads in Panama on Friday as two weeks of revolt against high prices and corruption showed no signs of abating.
US struggles to meet monkeypox vaccine demand
The United States, which is forecasting an increase in monkeypox cases in the coming weeks, does not currently have enough vaccines to meet demand, a top health official said Friday.
Smiling and carefree: little Ukrainian girl's last moments
A happy, spirited four-year-old beams proudly as she pushes her own pram in a video recorded by her mother to chronicle their day out together in central Ukraine.
Citigroup results boosted by trading, higher interest rates
Citigroup reported better-than-expected results Friday following a strong performance in trading, as executives described US consumption as healthy despite rising inflation.
US retail sales zoom higher in June despite high prices
US retail sales shot up one percent in June amid the ongoing surge in prices, according to new data Friday that spelled more bad news for the Federal Reserve as it struggles to rein in rampant inflation.
Stocks rise as US consumers keep spending
Stocks rose Friday after the latest data showed that US consumers continue to spend more in the latest signal of the strength of the economy despite high inflation and rising interest rates.
Ukraine enlists public in push for high-tech 'Army of Drones'
In an undulating expanse of grassland at the city limits, a pick-up truck kicks up dust as it hurtles downhill, its passengers belting out the theme to 1980s hit comedy "Police Academy".
Biden takes off on historic flight to Saudi Arabia
President Joe Biden departed Tel Aviv on Friday aboard a historic direct flight from Israel to Saudi Arabia, the latest stop on his first Middle East tour as US leader.
In West Bank, Biden says Palestinians need to see 'political horizon'
US President Joe Biden said during a trip to the occupied West Bank on Friday that Palestinians need to see a path towards statehood, even if hopes for a peace process with Israel remain bleak.
Western nations condemn Russia over Ukraine at G20 Indonesia talks
Western finance chiefs condemned Moscow's invasion of Ukraine at G20 talks in Indonesia Friday, accusing Russia of sending a "shockwave" through the world economy and its technocrats of complicity in the war's alleged atrocities.
Europe stocks rise before US earnings
European equities rose Friday as traders awaited the latest US bank results at the end of yet another volatile week for markets.