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Alibaba announces surprise departure of ex-CEO
Chinese e-commerce giant Alibaba has announced the surprise departure of former CEO Daniel Zhang, who had been set Monday to take charge of a key subsidiary as the firm undergoes a major restructuring.
Support slumps for Australian Indigenous rights referendum
Australia's historic Indigenous rights referendum is haemorrhaging support, with a barrage of damning new polls showing only a minority in favour of the October vote.
Pause or hike? ECB rate decision on a knife edge
The European Central Bank is walking a tightrope between still-high inflation and a darkening eurozone outlook as it decides whether to lift interest rates again or finally pause its historic hiking cycle.
The worst market crashes
Fifteen years ago, on September 15, 2008, the Lehman Brothers investment bank went bankrupt, a victim of the global financial crisis during which stock markets crashed.
Strike worries overshadow Detroit Auto Show
This week's Detroit Auto Show is meant to showcase impressive new electric vehicles, but the fanfare looks destined to be upstaged by a brewing labor dispute and the increasing likelihood of a strike.
Arm's listing on NY exchange is a big wager in an uncertain market
Shares in the British chip designer Arm will be listed Thursday on New York's Nasdaq exchange in the biggest such offering in two years, a $50 billion wager by principal shareholder SoftBank Group amid a still uncertain market.
How it went down: Three accounts of the Lehman bankruptcy
A key catalyst for the 2008 global financial crisis, the bankruptcy of Lehman Brothers still reverberates for those who lived through it. Here are the accounts of three who were there.
Troops dislodge 11,500 illegal miners from Venezuelan reserve
Venezuelan soldiers have dislodged more than 11,500 illegal gold miners from the country's biggest natural reserve since July, where they cleared forest and contaminated water, the head of the military operation announced Sunday.
Family killed by Nazis beatified in Catholic first
A Polish couple and their seven children, killed by Nazis during World War II for hiding Jews, were beatified Sunday, the first time an entire family was given one of Catholicism's highest honours.
Family killed by Nazis to be beatified in Catholic first
A Polish couple and their seven children, killed by Nazis during World War II for hiding Jews, will be beatified Sunday, the first time an entire family is given one of Catholicism's highest honours.
Wet feet dampen G20 leaders' Gandhi tributes in India
World leaders walked barefoot through puddles Sunday to pay their respects to revered Indian independence hero Mahatma Gandhi, after monsoon downpours dampened Prime Minister Narendra Modi's set-piece G20 programme.
Italian PM Meloni targets tight 2024 budget
Italian Prime Minister Giorgia Meloni is tightening the budgetary screws to show that Rome can balance its books, even if it means delaying electoral promises.
US takes on Google in landmark antitrust trial
Google faces its biggest ever legal challenge in a Washington court on Tuesday, as it fends off accusations from the US government that it acted unlawfully to build its overwhelming dominance of online search.
Rodgers backs Henderson against 'morality officers' over Saudi move
Celtic manager Brendan Rodgers has called critics of Jordan Henderson's move to Saudi Arabia "morality officers" after the former Liverpool captain apologised for upsetting the LGBTQ community.
Stocks waver on renewed inflation fears
Wall Street fell and European stock markets wavered on Wednesday on fears of more interest-rate hikes as oil prices climbed, stoking fresh concerns about high inflation.
US trade deficit widens slightly on rise in imports
A rise in imports widened the US trade deficit in July, government data showed Wednesday, although the increase was smaller than analysts had expected.
Erdogan pledges support for higher interest rates
Turkish President Recep Tayyip Erdogan on Wednesday confirmed a major policy reversal by backing his new economic team's decision to drastically hike interest rates to fight runaway inflation.
Moderna says updated Covid vaccine fares well against new variant
Moderna said Wednesday its updated fall Covid booster, which is pending approval from the Food and Drug Administration, performed well against the highly mutated BA.2.86 variant.
Music firm Universal announces streaming overhaul
The world's biggest music publisher Universal, whose catalogue includes artists from Taylor Swift to the Beatles, announced a deal on Wednesday it says will shake up the way artists are rewarded for streaming.
European stocks drop as oil spike fans inflation woes
European equities retreated Wednesday on fears of more interest-rate hikes, one day after oil hit a ten-month peak and stoked fresh fears about high inflation.
Taiwan chip giant TSMC says Arizona plant making 'fast progress'
Taiwan chip giant TSMC's planned factory in the United States was making "fast progress", the company's chairman said Wednesday, despite it facing a delayed start due to worker shortages and reported union disputes.
EU hits tech titans with tougher market restraints
The European Union on Wednesday unveiled the list of digital giants -- including Apple, Facebook owner Meta and TikTok parent ByteDance -- that will face tough new curbs on how they do business.
Russia to step up support for sagging ruble
Russia's central bank announced Wednesday it plans to sharply step up support for the ruble, which has weakened considerably after 18 months of Western sanctions following Moscow's military intervention in Ukraine.
UK air traffic control outage '1 in 15 million' event: boss
The head of British air traffic control on Wednesday blamed a "one in 15 million" event that caused the country's worst systems failure in almost 10 years, stranding thousands of passengers.
G20 summit: Who is coming to India, and who is not
Leaders from the world's top economies arrive in India on Friday for a two-day G20 summit overshadowed by Russia's invasion of Ukraine, worries over the global economy and climate change.
Awkwardness abounds for Lula, army on Brazil's national day
Hammering home his message that Brazil is "back to normal," President Luiz Inacio Lula da Silva will set aside bad blood and mutual suspicion with the military to mark the country's independence day Thursday.
Musk threatens to sue anti-defamation group for falling revenue
Elon Musk, the owner of social media platform X, formerly Twitter, said he is considering suing a leading anti-defamation group, arguing that its accusations of anti-Semitism have led the company to lose revenue.
Oil prices jump as global equities mostly retreat
Oil prices jumped Tuesday after Russia and Saudi Arabia extended cuts to supplies, while global equities mostly retreated and the dollar gained.
Oil execs on trial in Sweden over Sudan war crimes role
A Swedish oil firm operated in Sudan with support from the military allegedly knew violence would affect civilians to bring the areas under control, prosecutors said Tuesday as two former executives faced war crimes charges.
Spain's RFEF sorry for Rubiales scandal, fires women's coach
Spain's football federation on Tuesday apologised for the "totally unacceptable behaviour" of Luis Rubiales over his World Cup kiss and fired the team's controversial coach as part of an overhaul.
Saudi and Russia extend oil cuts through December
Saudi Arabia and Russia said on Tuesday they would extend voluntary oil cuts until the end of the year, continuing their campaign to bolster prices.
Austrian 'Corsage' star gets suspended jail term for child porn
A Vienna court sentenced the star of the award-winning film "Corsage" -- about the free-spirited Austrian empress Sisi -- to a two-year suspended prison term Tuesday for possessing and producing a huge stash of child pornography.