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White House says concerned about recession but US economy strong
The American economy remains strong, a White House economist asserted Tuesday, while acknowledging President Joe Biden's team is concerned about a possible recession.
Elon Musk's child seeks name change in break from dad
A transgender child of Elon Musk has asked a California court to recognize her as female and change her name as part of a new gender identity and to sever ties with the billionaire, records show.
US high court denies Bayer bid to block Roundup weedkiller lawsuits
The US Supreme Court on Tuesday declined to hear a bid from Bayer-owned Monsanto that aimed to challenge thousands of lawsuits claiming its weedkiller Roundup causes cancer -- a potentially costly ruling.
US home prices top $400,000 for first time, crimping May sales
The median US home price broke above $400,000 for the first time, sending existing home sales in May falling for the fourth straight month, according to industry data released Tuesday.
Kellogg pops as it plans spin-off of legacy cereal business
Iconic breakfast food brand Kellogg became the latest US corporate giant to announce a breakup, unveiling plans Tuesday to split into three companies in a move that lifted its share price.
Russia warns Lithuania as Kremlin forces push into Ukraine's Donbas
Moscow on Tuesday warned Lithuania of "serious" consequences over its restriction of rail traffic to Russia's Kaliningrad exclave, as Kremlin forces made gains in Ukraine's strategic Donbas region.
More strike calls cloud summer for European low-cost airlines
Europe's low-cost airlines are facing more strikes this summer as staff in Spain and France announced new walkouts on Tuesday.
Musk says Twitter deal remains deadlocked over fake users
Business magnate Elon Musk said Tuesday that his $44 billion move to take over Twitter remained held up by "very significant" questions about the number of fake users on the social network.
UK hit by biggest rail strike in over 30 years
Rush-hour commuters in the UK faced chaos on Tuesday as railway workers launched the network's biggest strike in more than three decades, forcing people to trek to work on foot, by bike, bus -- or simply not bother at all.
Biggest rail strike in over 30 years hits UK
Rush-hour commuters in the UK faced chaos on Tuesday as railway workers began the network's biggest strike action in more than three decades, with a cost-of-living crisis threatening wider industrial action.
Most markets climb as calm returns after sharp sell-off
Equities rose in most cities Tuesday in Asia as some stability returned to markets after last week's upheaval, but analysts warned of further pain for traders after central bank officials hinted at more interest rate hikes to reel in inflation.
Britain faces biggest rail strike in over 30 years
Britain's railway workers on Tuesday began the network's biggest strike action in more than three decades, as a cost-of-living crisis caused by surging inflation risks wider industrial action.
Sexy lingerie makes post-pandemic comeback
Sexy women's underwear didn't fare too well during the jogging-bottoms-and-pyjamas phase of the pandemic, but from the red carpet to lingerie shows, ultra-sultry intimate apparel is making a comeback -- and is now much more visible.
Brazilian police find boat of murdered British journalist, guide
Brazilian police said Monday they had found the boat in which British journalist Dom Phillips and his Brazilian expert guide Bruno Pereira were travelling before they were killed in the Amazon.
European stocks rise despite recession worries
Europe's main stock markets rebounded on Monday after a mixed Asian session following tumultuous sessions last week over recession fears.
Air industry could fly back into black next year, IATA says
Global air transport is on course to return to profit after two pandemic-battered years but the war in Ukraine and the cost-of-living crisis lurk as threats, the industry's world body said on Monday.
Petrobras CEO quits in fuel price standoff with Bolsonaro
The CEO of Brazil's state-owned oil company Petrobras, who has stayed in his post despite being fired by Jair Bolsonaro in May, resigned Monday after a new fuel price hike that enraged the far-right president.
ConocoPhillips joins Qatar's mega gas expansion
ConocoPhillips on Monday became the first US energy giant to sign up to help Qatar's massive natural gas expansion that has drawn global bidders anxious to assure new supplies.
European stocks aim higher despite recession worries
Europe's main stock markets rose on Monday after a mixed Asian session, as traders set aside recession fears and French political uncertainty.
Strike forces cancellation of all Brussels flights
Brussels Airport cancelled all outbound flights on Monday after most security staff joined a nationwide strike for better pay as soaring inflation hit workers' purchasing power.
Sanctioned Russia becomes China's main source of oil
China ramped up crude oil imports from Russia in May, customs data showed Monday, helping to offset losses from Western nations scaling back Russian energy purchases over the invasion of Ukraine.
Judo helps fight xenophobia in South Africa
In a newly renovated white building in a South African township about 20 children in judogi and others in school uniforms tumble around on a tatami under the watchful eye of a coach.
Men's fashion back to old normal in Paris
It is back to the old ways for men's fashion week, which kicks off in Paris on Tuesday, with the last pandemic-era restrictions cleared and the surprise return of Hedi Slimane of Celine, who had previously called official fashion shows "obsolete".
Air industry recovery gathering pace despite uncertainty: IATA
Air passengers are expected to hit 83 percent of pre-pandemic levels this year and the aviation industry's return to profit is "within reach" in 2023 despite ongoing uncertainty, the International Air Transport Association said on Monday.
Stock markets mixed as recession worries persist
Markets were mixed Monday having pared earlier losses but sentiment continues to be clouded by fears that central bank moves to rein in soaring inflation will induce a recession.
Bankrupt Sri Lanka opens IMF talks, begins shutdown
Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund opened talks with Colombo on a possible bailout.
Yours sincerely: singles charmed by Japan letter-writing scheme
Sick of swiping and tired of Tinder? Old-fashioned love letters may be the answer, says one Japanese city whose unusual matchmaking scheme has been a surprising success.
Asian markets, oil prices extend losses on recession worries
Asian markets fell again Monday and oil prices extended losses on growing fears that central bank moves to rein in soaring inflation will induce a recession.
Japan judo hits crisis point as bullied, burnt-out children quit
Japan is the home of judo but a brutal win-at-all-costs mentality, corporal punishment and pressure to lose weight are driving large numbers of children to quit, raising fears for the sport's future in its traditional powerhouse.
China's mass testing mantra is building a waste mountain
Hazmat-suited workers poke plastic swabs down millions of throats in China each day, leaving bins bursting with medical waste that has become the environmental and economic levy of a zero-Covid strategy.
Britain set for biggest rail strike in decades
Britain's railway network this week faces its biggest strike action in more than three decades in a row over pay as soaring inflation erodes earnings.
Sao Paulo's LGBTQ parade calls for Brazilians to 'vote with pride'
Several hundred thousand people marched Sunday in Sao Paulo's annual LGBTQ Pride parade under the slogan "vote with pride, for policies that represent us" -- a reference to Brazil's upcoming presidential election.
Spanish PM thrashed in Andalusia regional election
Spain's main opposition Popular Party secured a landslide win in a regional election in Andalusia on Sunday, partial official results showed, dealing a blow to Socialist Prime Minister Pedro Sanchez ahead of a national vote expected at the end of 2023.
Spanish PM set for drubbing in Andalusia regional election
Spanish Prime Minister Pedro Sanchez's Socialists appeared to have suffered a drubbing in a regional vote in Andalusia on Sunday ahead of a national election expected at the end of next year.
'Jurassic' is again top draw in N.American theaters
"Jurassic World Dominion" again stomped to the top on North American movie screens this weekend, while new release "Lightyear" didn't quite make it to infinity, or beyond.
Italy's Eni joins giant Qatar gas project after Russian cuts
Italian company Eni on Sunday joined Qatar Energy's project to expand production from the world's biggest natural gas field, days after Russia slashed supplies to Italy.
Uyghur-heritage candidate urges Japan to 'embrace diversity'
Arfiya Eri is a young, female, multilingual former United Nations official, all of which would already help her stand out as a Japanese political candidate, but she is also of Uyghur heritage.
Layoffs and exits: Firms in China teeter under zero-Covid pressure
Fiona Shi lost her job twice during the pandemic -- first, in 2020 when Covid ravaged the travel industry, and then this year as China's strict virus controls hammered businesses in the world's number two economy.
Central banks walk inflation-recession tightrope
Central banks have ramped up their battle against runaway inflation, a necessary remedy that could have the adverse side effect of tipping countries into recession, analysts say.