Spain's General Strike Links Housing Crisis to Lost Purchasing Power
Euro-Area Inflation Reaches 4% as Energy Prices Jump
China's Factory Inflation Accelerates While Consumer Demand Stays Weak
US Adds 165,000 Jobs as Unemployment Falls to 4.1%
Economy
Bank of England Raises Interest Rate to 4% as Energy Risks Intensify
The Bank of England increased Bank Rate by 0.25 percentage points to 4% in an 8-1 vote. UK inflation reached 3.5% in September and is projected to climb toward 5% by mid-2027 as higher global energy costs reach household and company bills.
Economy
Energy Costs Push OECD Inflation Up to 4.5%
Annual inflation across OECD economies rose to 4.5% in September from 4.3% in August, driven mainly by energy. Energy inflation reached 17.4%, while food inflation eased and underlying inflation remained broadly stable at 3.7%.
Last news
Fitch downgrades French debt to AA-, outlook stable
Credit ratings agency Fitch downgraded France's debt worthiness a notch to "AA-" from "AA" on Friday, claiming the country's "fiscal metrics are weaker than peers
Global stocks mostly up as yen tumbles after Bank of Japan decision
Global stock markets mostly rose Friday following modestly positive economic data in Europe and the United States, while the yen tumbled after the Bank of Japan maintained its easing policies.
Finau grabs early clubhouse lead at PGA Mexico Open
American Tony Finau shot a seven-under par 64 at the PGA Mexico Open on Friday to grab the early second-round clubhouse lead on 13-under 129.
'Extremely bitter' as Dortmund hand Bayern title advantage
Borussia Dortmund handed the advantage in the Bundesliga title race back to Bayern Munich on Friday after being held to a 1-1 draw at lowly Bochum.
Cavaliers confident despite quick NBA playoff exit
Despite an early exit from the NBA playoffs, the Cleveland Cavaliers are confident they are on the way back to becoming a title contender for the first time since the departure of LeBron James.
Dortmund held at Bochum to hand Bayern title advantage
Borussia Dortmund handed the advantage in the Bundesliga title race back to Bayern Munich on Friday after being held to a 1-1 draw at lowly Bochum.
'I didn't know what to do': Alcaraz survives Madrid Open scare
Defending champion Carlos Alcaraz survived a major scare before beating Emil Ruusuvuori in three sets to reach the Madrid Open third round on Friday but admitted he "didn't know what to do" at key parts of the match.
Russian strikes kill 26 including five children
Russian strikes battered cities across Ukraine on Friday, killing 26 people including five children, as Kyiv said preparations for a counter-offensive against Moscow's forces were nearly complete.
Cat shooting cyclist dropped by team
The promising Italian cyclist who shot dead a cat from his bedroom window has been dropped by his Trek-Segafredo team.
Show goes on, despite air raid, for Ukraine Eurovision act
Ukraine's Eurovision act Tvorchi were due to perform at Kyiv's main rail station Friday when an air raid siren forced them down into the cellar, hours after massive shelling.
Clouds carry drug-resistant bacteria across distances: study
For a team of Canadian and French researchers, dark clouds on the horizon are potentially ominous not because they signal an approaching storm -- but because they were found in a recent study to carry drug-resistant bacteria over long distances.
Stoinis, Mayers star as Lucknow smash Punjab in IPL
Marcus Stoinis and Kyle Mayers smashed 11 boundaries apiece to bring Lucknow Super Giants the second-highest team total in Indian Premier League history during Friday's 56-run demolition of Punjab Kings.
NBA Suns star Durant announces lifetime Nike deal
Two-time NBA champion Kevin Durant and Nike announced Friday they have agreed on terms of a lifetime deal, joining legends Michael Jordan and LeBron James with such a contract.
Russian strikes kill 25 including five children
Russian strikes battered cities across Ukraine on Friday, killing 25 people including five children, as Kyiv said preparations for a counter-offensive against Moscow's forces were nearly complete.
Espargaro 'switches off brain' to lead Aprilia dominance in Jerez
Aprilia bikes dominated Friday's practice sessions for the Spanish Grand Prix in Jerez with Aleix Espargaro fastest by "switching off the brain" followed by Maverick Vinales.
Players' chief wants fair reward for 'rising' England rugby women
With England are set to run out in front of a record crowd when they face France in a Women's Six Nations Grand Slam decider, a players' representative on Friday urged the Rugby Football Union to make sure they receive proper financial reward for growing the game.
NBA Raptors eye WNBA's Hammon in coach search: report
The NBA's Toronto Raptors have been granted permission to speak about their head coaching vacancy with Becky Hammon, who guided the Las Vegas Aces to last year's Women's NBA title, ESPN reported Friday.
Spain, Portugal smash April temperature records
Mainland Spain and Portugal have broken temperature records for April, officials said Friday, as both nations wilt in an unusually early heatwave that has raised the risk of wildfires.
US regulators admit mistakes were made ahead of regional bank failures
The US Federal Reserve called for greater banking oversight while admitting to its own failures in a widely-anticipated report published Friday into the collapse of Silicon Valley Bank (SVB) last month.
'I was about to lose': Alcaraz survives Madrid Open scare
Defending champion Carlos Alcaraz survived a major scare before beating Emil Ruusuvuori in three sets to reach the Madrid Open third round on Friday.
Japan's Tsunoda flying high in Baku
Yuki Tsunoda's character and skill came to the fore in Baku on Friday when the Japanese driver secured a top 10 seat on the grid of the Azerbaijan Grand Prix.
Pope cautions against 'belligerence' during Hungary visit
Pope Francis called for a recovery of the European spirit and a rejection of "adolescent belligerence" amid rising nationalism and war in Ukraine, during his visit to Budapest Friday.
Greenland unveils draft constitution for future independence
Greenland's lawmakers on Friday got their first look at a draft constitution which the autonomous territory could rely on if it comes to negotiating independence from Denmark.
US Fed calls for tougher bank rules after SVB collapse
The US Federal Reserve called for greater banking oversight while admitting to its own failures in a widely-anticipated report published Friday into the collapse of Silicon Valley Bank (SVB) last month.
'A new history': Brazil's Lula decrees six Indigenous reserves
Brazil's President Luiz Inacio Lula da Silva on Friday decreed six new Indigenous reserves, the first after a dearth of such expansion under his far-right predecessor Jair Bolsonaro.
FC Mariupol -- the Ukrainian club rising again in Brazil
Ukrainian city Mariupol may have been captured by Russia but the football team lives on in the new name of Brazilian side AA Batel, "to show that our spirit cannot be broken", FC Mariupol vice-president Andriy Sanin told AFP.
Baxter under no illusions about Exeter's task against La Rochelle
Rob Baxter has said Exeter will need to get "an awful lot right" when they face European Champions Cup holders La Rochelle in this season's semi-finals on Sunday.
Ayuso storms to Tour of Romandie time-trial win
Spaniard Juan Ayuso blitzed the 18.8km individual time-trial on stage three of the Tour of Romandie on Friday to take the overall lead of the race.
Ferrari's Leclerc denies Verstappen to nail pole again in Baku
Ferrari's Charles Leclerc grabbed his third consecutive pole for the Azerbaijan Grand Prix in a nerve-jangling red-flag interrupted qualifying at Baku on Friday.
Strauss to leave ECB role after counties reject reform plan
Andrew Strauss is to leave his position as strategic adviser to the England and Wales Cricket Board after his suggested reforms to the domestic calendar failed to gain the backing of English counties.
Ferrari's Leclerc nails pole for the Azerbaijan Grand Prix
Ferrari's Charles Leclerc grabbed his third consecutive pole for the Azerbaijan Grand Prix in a nerve-jangling red-flag interrupted qualifying at Baku on Friday.
Brazil's Lula decrees six new Indigenous reserves
Brazil's President Luiz Inacio Lula da Silva on Friday decreed six new Indigenous reserves, the first after a dearth of such expansion under his far-right predecessor Jair Bolsonaro.