Analysis-Sterling Returns To The 1980s, And It May Get Cheaper Still
Sterling's slide against the dollar to a rate last seen in 1985 has sparked talk of a dramatic spiral downwards that ends in a collapse in confidence in British assets and a balance of payments crisis.
Waking To Screams: How Stabbings Shattered Tiny Canadian Communities
Mark Arcand's nephews woke to screams Sunday morning.
Albanian Police Search Empty Iranian Embassy After Papers Burned
Albanian counter-terrorism police searched the empty Iranian embassy in Tirana on Thursday, hours after Iranian diplomats burned papers inside the premises following the severing of diplomatic ties over a cyberattack.
Pakistanis Throw Up Barriers Against Rising Floodwaters; 12 More Die
People were building barriers on Thursday in some parts of Pakistan to hold back rising waters that have engulfed nearly a third of the country after weeks of rain, while officials said 12 more deaths took the toll to 1,355.
Blinken Visits Ukraine To Offer New US Military Aid For Counteroffensive
U.S. Secretary of State Antony Blinken visited Kyiv on Thursday to pledge $2 billion in fresh security assistance, including support the Biden administration hopes will bolster a nascent Ukrainian counteroffensive aimed at pushing back Russian forces in the south and east.
China Debt Sees Portfolio Outflows Despite Nascent Recovery For EM In August - IIF
China debt markets lost $7.7 billion in August in a seventh straight month of portfolio outflows, data from the Institute of International Finance (IIF) showed, amid market jitters over the downturn gripping the world's second-largest economy.
Bank Of England Proposes 'More British Style' Of Finance Regulation
The Bank of England said on Thursday it would move to a "more British style of regulation" for the country's huge financial services industry as it seeks to take advantage of Brexit.
Analysis-Lebanon's Bid For IMF Deal Hits Snags
Five months after Lebanon's draft IMF deal raised hopes it could finally pull together an economic reform plan to address its financial meltdown, political and financial elites are obstructing prospects of securing any rescue package.
U.S. Approves $675 Million More In Weapons For Ukraine As Defense Leaders Meet
U.S. President Joe Biden approved an additional $675 million weapons package for Ukraine, Defense Secretary Lloyd Austin said on Thursday, as U.S.-allied ministers met to discuss how to give Kyiv long-term support in countering Russia's invasion.
In Venezuelan Oil Town, Solar-powered Car Offers Escape From Fuel Lines
In Maracaibo, the once wealthy Venezuelan oil city, two innovators are trying to push a new trend: small electric and solar-powered cars that offer an alternative for people fed up with regular fuel shortages and long lines as the gas station.
Even Yen Bears Unnerved By Latest Slide As Tokyo Ramps Up Warnings
The precipitous slide in Japan's currency has run so far and fast it's spooking big investors, and some are cutting bets that it will decline further, anticipating policymakers may soon step in to try and arrest the freefall.
Credit Suisse Strikes Deal To Buy Out China Joint Venture Partner
Credit Suisse said on Thursday it had struck a deal to buy out its local partner in a Chinese securities joint venture, reaffirming its commitment to the world's second-biggest economy amid doubts about the scandal-hit Swiss bank's plans.
British-Ghanaian Gaming Collective Offers Safe Haven For Players Of Diversity
A keypad-locked door in Ghana's capital Accra hid a neon-lit hall of flickering processors, clicking keyboards and excited voices.
Analysis-Cineworld's Woes Highlight Uneven Moviegoing Recovery
A string of summer blockbusters, from the high-flying "Top Gun: Maverick" to the near-billion-dollar global gross of "Jurassic World: Dominion," suggest the movie business is rebounding from the devastating COVID-19 pandemic.
Analysis-Women's U.S. Boardroom Gains Slow As Diversity Focus Shifts
A push to get more women on U.S. boards has slowed this year, raising concern among recruiters that some firms may have "ticked the gender box" by hitting minimum levels of female representation or moved on to focus on other diversity issues.
Steve Bannon To Surrender Thursday To Face New York Indictment
Steve Bannon, a onetime top strategist to former U.S.
Explainer-How America Casts And Counts Its Votes
Misinformation online and false claims of election fraud by former President Donald Trump and his allies have sharply eroded public trust in the integrity of U.S.
Exclusive-Greece Plans To Repay Euro Zone Bailout Loans Early For First Time - Sources
Greece will repay ahead of schedule 2.7 billion euros of loans owed to euro zone countries under the first bailout it received during its decade-long debt crisis, finance ministry officials told Reuters on Thursday.
South Korea Offers Talks With North On Reunion Of War-torn Families
South Korea on Thursday offered to hold talks with North Korea on reunions of families separated by the 1950-53 Korean War, in its first direct overture under President Yoon Suk-yeol despite strained cross-border ties.
EU Eyes Overhaul Of Debt Rules As Crises Pile Up
Byzantine, politicised or just plain stupid, European Union fiscal rules have been called many names and changed many times.
Gazans Caught Between Hope And Mistrust As Israel Offers Work
Days after the end of a brief bout of fighting last month, Gazan workers were already returning to work across the border under a permit scheme launched as part of Israel's strategy of using economic inducements to help stabilise the volatile enclave.
Taiwan Confident It Can Sign 'High Standard' U.S. Trade Deal
Taiwan is confident it can sign a "high standard" trade deal with the United States under a new framework, President Tsai Ing-wen told a visiting group of U.S.
Solomon Islands Votes To Delay Election Despite Opposition
The Solomon Islands parliament passed a bill on Thursday to delay the next general election, over the objections of opposition party members who have accused Prime Minister Manasseh Sogavare of a power grab.
Analysis-Asia's Southern Flank Shines In Fight Vs Surging Dollar
Asia's central banks, alarmed by the surging dollar's assault on their currencies, are ramping up their resistance with rate rises and market interventions, but it's the relatively vulnerable economies of South and Southeast Asia putting up the best fight.
Even With UN Deal, Ukraine Faces Long Haul To Shift Grain Mountain
Too few ships are arriving in Ukraine to quickly clear mountains of grain built up over months of war despite a U.N.-backed sea corridor, threatening to drive up global food prices and leave the country's cash-strapped farmers struggling to plant crops.
Why Arctic Wildfires Are Releasing More Carbon Than Ever
Smoke from hundreds of wildfires darkened skies over the Alaskan Interior this summer, with the state experiencing its fastest start to the fire season on record amid hot and dry conditions.
Asian Stocks Extend Rally Despite Growing China COVID Concerns
Asian stocks rode a global rally on Thursday, making broad gains as oil prices steadied at lower levels not seen since before Russia's invasion of Ukraine, though China was an exception as weak data signalled more pressure on the COVID-hit economy.
U.S., Indo-Pacific Countries Launch New-generation Trade Talks Shunning Tariff Cuts
Economic ministers from the United States and 13 Indo-Pacific countries launch negotiations on Thursday on Washington's first major pan-Asian trade engagement effort in nearly a decade, but this time any deal won't cut tariffs.
U.S. Gasoline Prices To Keep Falling As Refiners Keep Making Other Products
Wholesale gasoline prices are expected to keep falling in coming months as U.S.
Australia's Central Bank Opens Door To Slower Rate Hikes
Australia's top central banker opened the door on Thursday to slowing the bank's policy tightening after five rate increases in as many months, sparking a rally in bonds as markets scaled back bets on further aggressive moves.