More Study Needed To Explain Origin Of Chile Sinkhole: Lundin Unit President
Multiple factors could have caused a sinkhole near a copper mine in Chile owned by Canada's Lundin Mining, the president of the miner's local unit said, disagreeing with a government assessment that it was likely responsible for the phenomenon.
Exclusive-Italy's Meloni Says Public Finances Will Be Safe In Her Hands
The Italian rightist alliance's ambitious spending plans will respect European Union budget rules and not blow a hole in the country's finances, the head of the party topping the polls ahead of a national election next month said.
Fuel Prices Cloud Norwegian Air's Improving Performance
Norwegian Air reported a second-quarter net profit on Thursday amid a surge in demand for air travel in Europe after pandemic restrictions were lifted, and was helped by reversal of an impairment charge related to its dispute with Boeing.
Tesla Shares In The Limelight As 3-1 Stock Split Kicks In
Tesla Inc's shares take center stage on Thursday after the world's most valuable automaker split its stock for the second time in as many years to woo more retail investors.
South Sudanese Return To Sudan Seeking Relief, But Find More Hardship
Living in flimsy shelters made of wood and plastic tarp or half-finished concrete buildings, South Sudanese who have returned to Sudan are finding life tougher as their former country's economy tumbles.
Explainer - Updated COVID-19 Vaccines Are Coming In The U.S., Should You Get One?
The United States plans to roll out an updated COVID-19 booster vaccine to include Omicron subvariants of the coronavirus.
Climate Activists To Press Fed At Jackson Hole Conference
Climate activists will stage a series of colorful protests at the Federal Reserve's annual Jackson Hole central banking conference that starts Thursday, intent on pressing the Fed to address climate change and move the U.S.
Ex-football Star Herschel Walker's Woes Hurt Republican Chance Of Taking U.S. Senate
Republican hopes of taking control of the U.S. Senate in November could hinge on former football star Herschel Walker, a first-time candidate endorsed by Donald Trump, whose campaign appears to be lagging behind other Republicans in Georgia.
Biden To Hold First Political Rally In Run-up To November Elections
President Joe Biden on Thursday will stage his first political rally in the final stretch to the November midterm congressional elections, looking to give Democrats a boost and prevent Republicans from taking control of Congress.
U.S. Student Loan Forgiveness Has Borrowers Hoping For Vacations, Medical School
Americans bearing heavy college debt loads welcomed U.S.
Portugal's Drought Prompts Water Price Rise, Street-cleaning Ban
Facing an unprecedented drought, Portugal's government recommended 43 municipalities temporarily increase water prices for their biggest consumers and suspend street-cleaning and watering in public parks and gardens.
U.N. Rights Chief Hopes Finally To Release Report On China's Uyghurs In Coming Week
The United Nations High Commissioner for Human Rights said on Thursday that she is still aiming to release a long-anticipated report on China's treatment of its Uyghur minority in Xinjiang by the end of her four-year mandate next week.
EU To Urge Big Polluters To Toughen Climate Pledges By COP27 Summit - Draft
The European Union will urge the world's biggest economies to improve their targets to fight climate change ahead of this year's U.N.
South Korea's Yoon Orders Update Of War Plans Over North Korea's Threats
South Korea's president Yoon Suk-yeol on Thursday ordered an update of the military's operational plans to address North Korea's growing nuclear and missile threats, his office said.
Pakistan Court Extends Former Premier Khan's Pre-arrest Bail On Terrorism Charges
A Pakistani court on Thursday extended former Prime Minister Imran Khan's pre-arrest bail for one week in a terrorism case over a speech, his lawyer said, shortly after the former premier appeared in court in person amidst tight security.
Massive Renewable Energy Needed To Power Australia To Net Zero Economy By 2050 - Study
Australia will have to invest in renewable energy and carbon capture and storage at unprecedented speed and scale in order for the economy to achieve net zero carbon emissions by 2050, modelling released on Thursday showed.
Distribution Of Chinese Funds By Solomon Islands PM Raises Questions
The Solomon Islands Prime Minister's office distributed Chinese government money to 39 out of 50 members of parliament twice last year, a budget committee was told, prompting criticism the payments were politically motivated.
Exclusive-Some Chinese Financiers Cold Shoulder Beijing's Property Rescue Call-sources
Some of China's state-backed financial institutions are pushing back on Beijing's calls to support the embattled property sector due to concerns about the impact of such exposure on their balance sheets, seven people with knowledge of the matter said.
Novartis To Spin Off Sandoz Unit To Create Europe's Leading Generics Player
Novartis plans to spin off its generics unit Sandoz to sharpen its focus on its patented prescription medicines, the Swiss group said on Thursday.
Thailand's New Acting Leader Is Another Royalist Military Man
Thailand's new acting leader, Prawit Wongsuwan, represents little substantial change from suspended Prime Minister Prayuth Chan-ocha for opposition forces seeking to end what they decry as military dominance of politics.
Australia Companies Split: Miners Boom, Airlines Turn Up, Retailers Slump
Australia's companies are split, with big miners and airlines expecting higher profits on soaring commodities prices and a rebound from COVID-19, while supermarkets, banks and manufacturers are hurt by inflation and stagnant wages.
Finnish Journalists On Trial In Rare Defence Intelligence Case
Three journalists from Finland's largest daily are expected to appear in a Helsinki court on Thursday, suspected of publishing classified defence intelligence in an unprecedented case for the Nordic country renowned for its press freedom.
Asian Markets Gain, Investors Anxious For U.S. Rate Hike Clues
Asian share markets were broadly positive while the dollar was slightly weaker on Thursday, with investors nervously awaiting the U.S.
Russian Attack Kills 22 Civilians On Ukraine's Independence Day, Kyiv Officials Say
A Russian missile attack killed 22 civilians and set a passenger train on fire in eastern Ukraine, officials in Kyiv said, with missile strikes north of the capital as Ukraine marked its Independence Day under heavy shelling.
Wake Up And Smell The Coffee: Low-growth, High-inflation Era Beckons Post-pandemic America
On paper, T.J. Semanchin's Wonderstate Coffee business seems more productive than ever, with fewer workers generating higher sales at the company's three cafes and wholesale roastery in Wisconsin.
Taiwan Proposes Large Rise In Defence Spending Amid Escalating China Tensions
Taiwan proposed $19 billion in defence spending for next year on Thursday, a double-digit increase on 2022 that includes funds for new fighter jets, weeks after China staged large-scale war games around the island it views as its sovereign territory.
Malaysia's Mahathir Says 'Highly Likely' Jailed Najib Will Get Royal Pardon
Malaysia's veteran politician Mahathir Mohamad said on Thursday that the disgraced former premier Najib Razak, who he helped bring down, was likely to receive a royal pardon and be released from a 12-year jail sentence for graft that he began this week.
Oil Prices Rise On Potential OPEC+ Supply Cuts; BP Shuts U.S. Refinery Units
Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the partial shutdown of a U.S.
BOJ Policymaker Vows To Keep Ultra-low Rates, Warns Of Economic Risks
The Bank of Japan must maintain massive stimulus to support an economy facing a resurgence in COVID-19 infections and slowing global demand, one of its board member said, reinforcing the BOJ's outlier status in a global wave of monetary tightening.
S.Korea Seeks Cooperation With EU Over U.S. Inflation Reduction Act
South Korea will seek cooperation with the European Union over the U.S.