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Giddy Musk unveils Cybertruck in Tesla's latest defiant bet
Tesla began customer deliveries of the Cybertruck on Thursday, bringing to fruition an Elon Musk passion project that the billionaire boasts is stronger than bullets and faster than a Porsche.
Celebrated US photographer Elliott Erwitt dead at 95
US photographer Elliott Erwitt, renowned for capturing the lighter side of his subjects, their canine companions and celebrities, has died aged 95, the Magnum agency where he was a mainstay said Thursday.
OPEC+ slashes oil output further to boost flagging prices
Major oil-producing nations Saudi Arabia and Russia on Thursday announced they would further slash production in an effort to prop up volatile prices following an OPEC+ meeting.
Royals mull response after names revealed in Harry and Meghan 'racism' row
Buckingham Palace is considering its next move after a British TV host named two royals who allegedly raised concerns about the skin colour of Prince Harry's son, a royal source said Thursday.
Falling inflation gives equities a boost
A drop in inflation in Europe and the United States sent stocks climbing on Thursday, boosting expectations that the US Fed and ECB may be able to soon cut interest rates, although profit-taking set in on Wall Street.
OPEC+ mulls further output cuts to boost flagging prices
Major oil-producing nations led by Riyadh and Moscow were moving towards an agreement to further slash production to prop up volatile prices, a source close to the negotiations told AFP.
Falling inflation fuels rise in stocks
A drop in inflation in Europe and the United States sent stocks climbing on Thursday, boosting expectations that the US Fed and ECB may be able to soon cut interest rates.
US Fed's favored inflation gauge slows in October
A key inflation measure used by the US Federal Reserve to set interest rates eased further last month amid declining energy and goods prices, according to government data published Thursday.
UK's RMT union members accept pay deal to end long-running rail strikes
The RMT rail union on Thursday said its members have voted in favour of a pay deal to end more than a year of walkouts on the UK's strike-plagued rail network.
Intense talks as OPEC+ meets to decide over output amid tumbling prices
Uncertainty hovered over what major oil-producing nations -- collectively known as OPEC+ -- will decide on output policy as they headed into virtual meetings Thursday in a bid to halt a continuous slump in prices.
Eurozone inflation falls to more than two-year low
The annual rate of inflation in the eurozone fell to a more than two-year low in November, the EU's official statistics agency said Thursday.
First launch of Europe's Ariane 6 rocket planned for June-July
The European Space Agency announced on Thursday that the long-delayed first launch of its next-generation Ariane 6 rocket will take place between June 15 and July 31 next year.
Markets rise ahead of US inflation, but rate cut hopes build
Asian markets ticked higher Thursday, with focus on the release of key US inflation data that comes as traders ramp up bets the Federal Reserve will cut interest rates next year.
Celebrations as Nepal registers first LGBTQ marriage
An LGBTQ couple has acquired a marriage certificate in Nepal, officials said Thursday, a first in South Asia and hailed by the pair as a win "for all".
'Sea of misery': Indian rights lawyer spotlights plight of jailed women
After three years in detention experiencing the "sea of misery" endured by women in Indian jails, one of the nation's best-known rights lawyers warns that society's prejudices are amplified behind bars.
Markets drift ahead of US inflation, but rate cut hopes build
Asian markets struggled Thursday following another tepid performance on Wall Street, with focus on the release of key US inflation data that comes as traders ramp up bets the Federal Reserve will cut interest rates next year.
Brazil bank's ties to slavery reopen wounds, reparations debate
In 1853, Viscount Jose Bernardino de Sa, a Brazilian nobleman who made his fortune shipping enslaved Africans to the Americas, became the largest investor in the country's oldest bank, Banco do Brasil.
After 50 years, US to return to Moon on January 25
More than 50 years after the last Apollo mission, the United States will try once again to land a craft on the Moon on January 25, said the head of what could be the first private company to successfully touch down on the lunar surface.
Global stocks mixed as OECD warns of Middle East conflict risk
Oil prices rose again Wednesday following a report of possible additional output cuts by exporters as the OECD pared back its global growth forecast and warned of an economic hit from the Israel-Hamas conflict.
US slaps sanctions on crypto mixer used by N.Koreans for laundering
The United States on Wednesday slapped sanctions on a crypto mixer that it said was serving as a money laundering tool for hackers affiliated with the North Korean government.
US Fed finds signs of slowing economic activity
US economic activity has slowed in recent weeks and the labor market has continued to cool, the Federal Reserve announced Wednesday, as it continues its fight against stubborn inflation.
European, US stock markets up as bets build on rate cuts
Europe's main stock markets mostly rose Wednesday while Wall Street held onto gains as traders ramped up bets on the US Federal Reserve cutting interest rates in the new year.
With auto strike over, GM announces big share buybacks
General Motors announced hefty new initiatives Wednesday to return billions of dollars to shareholders, lifting its stock price as it estimated the recent labor strike hit at $1.1 billion.
Saudi wealth fund scoops up 10% of London Heathrow airport
Saudi Arabia's sovereign wealth fund is to buy ten percent of London's Heathrow airport from Spanish infrastructure giant Ferrovial, whose departure from the hub after almost two decades leaves Qatar as its biggest shareholder.
Ikea net profit surges in 2023 as sales rise
Swedish furniture giant Ikea saw a five-fold increase in net profit for its full-year 2023 which ended in August, boosted by rising sales, Ingka Group which owns most Ikea franchises said Wednesday.
Austrian property tycoon's Signa to file for insolvency
Rene Benko's real estate giant Signa -- whose vast portfolio includes New York's iconic Chrysler building -- on Wednesday announced it would initiate insolvency proceedings, marking the spectacular downfall of the self-made Austrian tycoon.
European stock markets climb as bets build on rate cuts
Europe's main stock markets mostly climbed Wednesday as traders ramped up bets on the US Federal Reserve cutting interest rates in the new year after a top official sounded an optimistic note on the battle against inflation.
Austria property giant Signa to file for insolvency
Austrian real estate giant Signa -- whose vast portfolio includes New York's iconic Chrysler building -- on Wednesday announced it would initiate insolvency proceedings, filing for court protection as it undergoes restructuring.
Uber to partner with London's black cabs despite disputes
Uber is to roll out its service to London black cabs next year, it announced Wednesday, despite long-running friction between drivers of the traditional taxis and the US-based firm.
Philips stock slumps after new FDA warning
Shares in Dutch medical device manufacturer Philips plunged Wednesday after the US Food and Drug Administration warned that its new machine to help patients sleep risked overheating.
Women's sport revenues tipped to break $1 billion barrier
Global revenues from women's sport will top $1 billion for the first time in 2024 thanks to an explosion in popularity, according to financial experts Deloitte.
Spanish giant Ferrovial sells remaining stake in Heathrow
Spanish infrastructure giant Ferrovial announced it is offloading its remaining 25 percent stake in London's Heathrow Airport to a French private equity group and Saudi Arabia's sovereign wealth fund.