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US consumer confidence deteriorated in May: survey
Americans' feelings about the economy deteriorated in May amid concerns about job prospects, but remained relatively strong even as high inflation bites, according to a survey released Tuesday.
Biden, Fed chair discuss US inflation at White House
President Joe Biden on Tuesday holds a rare White House meeting with the head of the Federal Reserve, Jerome Powell, to discuss soaring inflation and White House attempts to tame the politically damaging price surge ahead of midterm elections.
India growth slows on inflation, higher oil prices
India's growth slowed further in the first three months of 2022, the National Statistics Office said Tuesday, with inflation and higher oil prices denting a post-pandemic recovery.
Eurozone stocks sink as inflation accelerates to record high
Eurozone equity markets sank Tuesday on news that the region's inflation rate has spiked to another record high in May on fallout from Russia's invasion of Ukraine.
Eurozone inflation soars to new record over Ukraine war
Eurozone inflation accelerated to another record high in May, data showed Tuesday, as the war in Ukraine stoked energy and food prices and threatened to flatline the economy.
Shanghai prepares to lift more Covid curbs after lengthy lockdown
Shanghai authorities said Tuesday they will lift more restrictions in steps to return the Covid-hit city to normality, after two months of heavy-handed restrictions that throttled businesses and locked down residents.
French ex-chambermaid runs for MP after labour battle
Former chambermaid Rachel Keke took on her employers and won a gruelling battle for better working conditions in the Paris hotel where she cleaned. Now she's running to be an MP.
French economy shrinks as inflation dents confidence
France's economy contracted in the first quarter under the impact of soaring inflation, data showed Tuesday, increasing the risks for President Emmanuel Macron in key parliament elections less than two weeks away.
Markets mixed as inflation, rate worries temper rally
Stock markets were mixed Tuesday as investors battled to maintain a global rally, with inflation still niggling over a pick-up in oil prices while a top Fed official pressed for a series of sharp rate hikes.
Israel signs UAE free trade deal, its first in Arab world
Israel signed a free trade deal with the United Arab Emirates on Tuesday, its first with an Arab country, building on their US-brokered normalisation of relations in 2020.
Asian markets mixed as inflation, rate worries temper rally
Asian markets were mixed Tuesday as investors battled to maintain a global rally, with inflation continuing to niggle owing to a pick-up in oil prices while a top Federal Reserve official pressed for a series of sharp interest rate hikes.
Starling bank's Anne Boden takes fintech out of London
Gazing out from the new offices of online bank Starling, Anne Boden sees the familiar, modest surroundings of the Welsh capital Cardiff rather than the skyscrapers of London's City financial district.
Asian markets swing on new inflation, rates concerns
Asian markets fluctuated Tuesday as investors struggled to maintain a global rally, with inflation continuing to niggle owing to a pick-up in oil prices while a top Federal Reserve official pressed for a series of sharp interest rate hikes.
Denmark votes on scrapping EU defence opt-out
After staying out of the European Union's common defence policy for 30 years, Denmark votes Wednesday in a referendum on whether to overturn its opt-out after Russia's invasion of Ukraine.
Mexico president's tourist train suffers new legal blow
A Mexican judge has indefinitely suspended construction of part of President Andres Manuel Lopez Obrador's flagship tourist train project in the Yucatan peninsula on environmental grounds, campaigners said Monday.
Equity markets extend rally as China eases curbs
Stock markets in Asia and Europe were higher Monday as investors were cautiously optimistic, despite concerns over inflation, as China eases some of its strict Covid curbs in Shanghai and Beijing.
Norwegian buys 50 Boeing 737 MAX, ending dispute
Low-cost carrier Norwegian Air Shuttle said Monday it would buy 50 Boeing 737 MAX 8 planes, ending a dispute between the companies and helping revive the US-made aircraft after two deadly crashes.
Thousands quarantined after Beijing man breaks Covid rules
A Beijing man has landed thousands of his neighbours in quarantine after he ignored an order to stay at home and later tested positive for Covid, prompting a police investigation.
Bodies pulled from wreckage of Nepal plane
Nepali rescuers on Monday retrieved 16 bodies from the mangled wreckage of a passenger plane strewn across a mountainside that crashed in the Himalayas with 22 people on board.
Equity markets extend Wall St rally as China eases curbs
Markets rose Monday as investors rediscovered some verve after the release of healthy US data and as China eases some of its strict Covid curbs in Shanghai and Beijing, lifting hopes for the world's number two economy.
Bodies pulled from wreckage of missing Nepal plane
Nepali rescuers pulled 14 bodies on Monday from the mangled wreckage of a passenger plane strewn across a mountainside that went missing in the Himalayas with 22 people on board.
Asian markets extend Wall St rally as China eases curbs
Asian markets rose Monday as investors rediscovered some verve after the release of healthy US data and as China eases some of its strict Covid curbs in Shanghai and Beijing, lifting hopes for the world's number two economy.
Nepal army finds wreckage of missing plane
Nepali rescuers found on Monday the crash site of a missing passenger plane that went down with 22 people on board, the army said.
Tech giant Grab's female co-founder blazes a trail
As co-founder of multi-billion dollar ride-hailing and food delivery firm Grab, Tan Hooi Ling is already smashing stereotypes in tech but she's also trying to blaze a trail for the next generation of female entrepreneurs in the industry.
Heartbroken Texas school massacre town begs Biden to 'do something'
Desperate pleas for a stop to the gun massacres plaguing the United States rang out Sunday during President Joe Biden's visit to Uvalde, where he prayed for the 19 children and two teachers slain by a teen gunman in the small Texas town.
EU struggles to break deadlock on Russian oil ban before summit
Ambassadors from the 27 European Union member states on Sunday examined a compromise mooted to enable them to break the deadlock on a Russian oil embargo ahead of an emergency summit in Brussels.
Biden prays in heartbroken Texas school massacre town
A distraught US President Joe Biden laid flowers and prayed Sunday at the makeshift shrine erected in Uvalde to the 19 children and two teachers murdered by a teen gunman after he stormed their elementary school.
EU seeks to break deadlock on Russian oil ban before summit
Ambassadors from the 27 European Union member states on Sunday examined a compromise that could enable them to break the deadlock on a Russian oil embargo ahead of an emergency summit in Brussels this week.
36 years later, 'Top Gun' again tops N.America box office
Much-anticipated action film "Top Gun: Maverick" was expected to have a big opening and it did not disappoint, taking in an estimated $151 million in North America for the four-day Memorial Day weekend, industry watcher Exhibitor Relations reported.
Sri Lanka police tear-gas students in fresh clashes
Police fired tear gas to disperse thousands of students trying to storm the Sri Lankan president's home Sunday as the government offered an olive branch to demonstrators demanding his resignation.
Plane with 22 on board missing in Nepal
Nepali rescuers scoured a remote area of the lower Himalayas by helicopter and on foot Sunday after a passenger plane with 22 people on board went missing.
Nepal flight missing with 22 on board
A passenger plane with 22 people on board went missing in Nepal on Sunday, the operating airline and officials said, as poor weather hampered a search operation.
Toxic smoke and suspicious plastic plant fires in Turkey
The number of fires breaking out in plastic recycling plants has soared in Turkey.
Traffic jams just a maths problem, says Israeli AI firm
Israel's traffic congestion ranks near the worst among developed economies but an algorithm can help, says one of the country's IT firms engaged in the auto and mobility sector.
UK companies to trial four-day workweek
Louis Bloomsfield inspects the kegs of beer at his brewery in north London, eagerly awaiting June, when he will get an extra day off every week.
Cost-of-living crisis forces more Brits to foodbanks
On an overcast morning in Bradford, northern England, a steady stream of locals arrive at a foodbank to collect produce parcels described as "a lifesaver" during the worst cost-of-living crisis in a generation.
Despite some sharp wage rises, low-paid US workers have far to go
Fast-food employees in Manhattan demonstrating for a wage of $20 an hour: a demand unthinkable before the Covid-19 pandemic has become unexceptional, as short-handed companies offer big wage increases without, however, doing much to narrow a yawning income gap.
Biden to console Texas town reeling from school massacre
US President Joe Biden will visit Uvalde on Sunday to console residents mourning 19 children and two teachers who were gunned down at an elementary school in the small Texas town.
Harrowing new accounts emerge from Uvalde's young survivors
Fresh harrowing accounts emerged Saturday of the ordeal faced by survivors of the school shooting in Uvalde, Texas, fanning public fury over the massacre even as the deeply traumatized town prepared for a visit Sunday by US President Joe Biden.