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Featured

Tech firms take fresh hit as earnings misses fan AI fears

Tech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans fanned already deep concerns about the AI investment boom.

Dodging fuel price hikes, Damascus drivers turn to electric cars

Taxi driver Mohammed Kanaan drives his shiny new electric car around Damascus's rundown streets, hoping for higher profits as spiking petrol prices made his old car too expensive to run.

Last news

Let the lava flow! Iceland's volcano show is a hit

In a dark auditorium in Reykjavik, bubbling orange lava flows down a slide to within inches of awe-struck visitors.

China makes first delivery of homegrown passenger jet

China on Friday announced the first delivery of its new domestically produced passenger jet, with the aircraft expected to make its commercial debut early next year.

US currency to bear signatures of two women for first time

Most people don't have to worry if their signature is sloppy -- but if it's your name on the US dollar bill, it's best to practice, says US Treasury Secretary Janet Yellen.

Playing with paradise: Defunct Bali golf course another Trump fiasco

Beer bottles and broken plastic chairs litter the fairways of a derelict golf course on the Indonesian holiday island of Bali, where laid-off workers lament the unfulfilled promises of a Donald Trump "dream project".

Asian markets mixed with focus on US inflation data, Fed meeting

Asian markets were mixed Friday as optimism about China's economic reopening continues to face off against concerns about rising interest rates and a possible recession.

Central America's biggest mine faces closure over tax spat

Rising up through the lush vegetation of Panama's Caribbean coast, a 125-meter chimney serves as a beacon for helicopters approaching the largest mine in Central America, which faces closure next week over a contract dispute.

Recession in US 'not inevitable': Yellen

A recession in the US is "not inevitable," Treasury Secretary Janet Yellen said Thursday, adding that she believes the world's biggest economy is on the right track in lowering inflation.

Met Opera in NY reports crippling cyberattack

The Metropolitan Opera said Thursday that a cyberattack had prevented its website, box office and call center in NY from functioning.

Musk faces legal onslaught from angry ex-Twitter workers

The purge initiated by Elon Musk at Twitter when he took over the company left more than half of its 7,500 employees on the sidelines and now many of them are taking the SpaceX and Tesla tycoon to court.

Frustration in Romania and Bulgaria after Schengen rejection

After more than 10 years waiting to be admitted into the Schengen zone, Bulgaria and Romania were once more turned away after two EU countries vetoed their admission.

Greenback to bear signatures of two women for first time

The US dollar will bear two women's signatures for the first time, belonging to Treasury Secretary Janet Yellen and US Treasurer Lynn Malerba, officials said Thursday as they unveiled the banknotes.

'Keeping it fresh': Greek growers use nature to clean crops

Beneath a cluster of plane trees, the crystal clear waters of a stream are mustered by Greek farmers to rinse their leek crop, a time-honoured tradition that saves money and reduces its carbon footprint.

Kazakhstan moves to reel in crypto mining

Kazakhstan, one of the world's leading locations for cryptocurrency mining, has moved to reel in the power-hungry industry that has often burdened the ageing energy grid of the Central Asian country.

Glitz and the 70s as travelling fashion show arrives in Africa

Glitz and 1970s cuts were centre-stage this week when Chanel brought a special show to Senegal that places the spotlight on the work of its craftspeople.

US Congress passes landmark bill to protect same-sex marriage

The US Congress on Thursday passed landmark legislation to protect same-sex marriage under federal law, and President Joe Biden has vowed to quickly sign the measure.

Markets jostled by recession fears, China optimism

Wall Street stocks attempted to stage a relief rally and Hong Kong soared on Thursday, but elsewhere equity trading was still dominated by recession fears.

King Charles coins enter UK circulation

The first coins bearing the likeness of Britain's King Charles III entered circulation Thursday, The Royal Mint announced.

Markets mostly fall as recession fears dampen China optimism

Hong Kong soared but other stock markets mostly fell Thursday as investors weighed worries about a US recession against China's shift away from strict Covid restrictions.

Markets mixed as recession fears dampen China optimism

Asian and European markets were mixed Thursday as sentiment was pulled in opposite directions by worries about a US recession and China's shift away from strict Covid restrictions.

Surveillance, hacking: whistleblower recalls Wirecard nightmare

When short seller Matthew Earl anonymously co-authored a report detailing explosive allegations of wrongdoing at German fintech champion Wirecard, his life was turned upside down.

Indonesia sex laws 'nail in coffin' for LGBTQ rights

Indonesia's legislation banning sex outside marriage represents a major new threat to the LGBTQ community's rights in the conservative country, where same-sex unions are not recognised.

Arctic Sweden in race for Europe's satellite launches

As the mercury drops to minus 20 Celsius, a research rocket lifts off from one of the world's northernmost space centres, its burner aglow in the twilight of Sweden's snowy Arctic forests.

Asian markets mixed as recession fears dampen China optimism

Asian markets were mixed Thursday as sentiment was pulled in opposite directions by worries about a US recession and China's shift away from strict Covid restrictions.

Canadian university identifies low carbon foods for student meals

Trays in hand, Polytechnique Montreal students line up at the cafeteria and through a fogged up buffet counter glass, check out dishes that now come with information about their carbon footprint.

Ramesh 'Sunny' Balwani gets prison time for Theranos fraud

A judge on Thursday sentenced a top aide and ex-boyfriend of fallen Theranos founder Elizabeth Holmes to prison for duping people into trusting the failed blood testing startup.

Apple beefs up iCloud data defense against snooping

Apple on Wednesday said it is beefing up defense of data that users store in the cloud, a move that could thwart authorities as well as hackers.

Sexuality and fame in focus as Sundance film festival returns to Utah

Documentaries exploring sexuality and fame via the life stories of supermodel Brooke Shields, singer Little Richard and author Judy Blume are among the lineup for next month's Sundance film festival unveiled Wednesday.

Elon Musk briefly loses top spot on Forbes billionaire list

Tesla-owner Elon Musk briefly lost the top spot on Forbes' billionaire list on Wednesday to Bernard Arnault, whose family owns the world's leading luxury group, LVMH.

Stock markets slide as recession worries weigh on investors

Major stock markets were hit by more selling Wednesday on growing fears that Federal Reserve monetary tightening will tip the US economy into recession, with Chinese trade data adding to the gloomy outlook.

Canada central bank hikes key rate to 4.25%, hints at pause

Canada's central bank on Wednesday hiked its key lending rate by 50 basis points to 4.25 percent, saying its aggressive moves to rein in inflation were working but that the economy was still too hot.

Canada central bank hikes key lending rate 50 basis points to 4.25%