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China retail sales surge in August, boost hopes for economy
Chinese retail sales jumped last month, data showed Friday, beating expectations and fuelling hopes that the country's army of consumers are returning to help kickstart the world's number two economy after an extended period of weakness.
Global stocks rise on Arm trade debut as 'dovish' ECB hike hits euro
Global stock markets rose while the Euro slid on Thursday after the European Central Bank (ECB) signaled its latest interest rate hike could be its last.
Mexico expects new air routes to US after safety upgrade
Mexico said Thursday that it expected to open dozens of new air routes to the United States after regulators in Washington restored its top aviation safety rating.
Dominican Republic shuts border with Haiti over water spat
Dominican President Luis Abinader on Thursday announced the closure of the country's border with Haiti, escalating a diplomatic spat over access to a shared river.
The art of creating coveted Cuban cigar boxes
Using a Soviet-era planer, Rene Reyes smoothes the panel of an old cedar door that he will transform into a humidor -- an ornate, handmade box used to preserve Cuba's famous cigars.
US taps business leader to bring Ukraine investment
US President Joe Biden on Thursday tapped Penny Pritzker, a billionaire businesswoman who served as commerce secretary, to encourage investment in Ukraine, which is expected to need hundreds of billions of dollars to recover from Russia's invasion.
ChatGPT creator OpenAI says to open Dublin office
US artificial intelligence firm OpenAI, the company behind chatbot sensation ChatGPT, announced Thursday that it will open an office in Dublin, its first base inside the European Union.
France pushes for more factory farming in food U-turn
France is urging its farmers to produce more cut-price meat in a major U-turn on factory farming, with inflation hammering demand for organic pork, beef and chicken.
'Dovish' ECB hike hits euro, boosts stocks
Eurozone stocks jumped and the euro slid on Thursday after the European Central Bank signalled its latest interest-rate hike might be its last.
ECB hikes rates again, maybe for last time
The European Central Bank hiked a key interest rate to a record high Thursday as it battles stubbornly high inflation but indicated that its historic hiking cycle may be at an end.
France probes deaths of Champagne workers in heatwave
French authorities were on Thursday investigating the deaths of four people who were harvesting grapes in the famed Champagne region, as locals suspected they suffered sunstroke in unusually high outdoor temperatures.
US retail sales hotter than hoped on gas station sales
Retail sales in the United States accelerated slightly in August, government data showed Thursday, as a spike in gas prices boosted sales at service stations.
ECB hikes key rate to record high, defying calls for pause
The European Central Bank hiked a key interest rate to a record high Thursday as it battles soaring inflation, defying calls for a pause to take pressure off the faltering eurozone economy.
Hopes for change in Gabon after years of unpaid pensions
There's a new air of optimism among the seniors waiting patiently since dawn in Gabon's capital Libreville to chase up pensions that were never paid.
Eurozone stock markets steady before ECB rate call
Eurozone stock markets steadied Thursday with all eyes on whether the European Central Bank will announce a further hike to eurozone interest rates.
UK retail brand Wilko sold to rival: administrator
The brand of bankrupt British household goods company Wilko, whose recent collapse sparked the loss of about 12,500 jobs, has been sold to a competitor, administrators said Thursday.
Locals, NGOs accuse World Bank of backing Indonesia coal plant expansion
Residents and green NGOs have accused the World Bank of indirectly financing two new coal-fired power plants on Indonesia's most populous island despite promises to shift to low-carbon funding, according to a complaint filed Thursday.
China says EU car subsidy probe will have 'negative impact'
China warned on Thursday a probe by the European Union into Beijing's subsidies for electric cars would have a negative impact on its trade relations with the bloc, which it accused of "naked protectionism".
Russia seeks to erase border with occupied Ukraine
To enter Russia from occupied Ukraine, all Tatiana has to do is arrive at the edge of the war-battered Donetsk region, show guards her Russian passport, say "thank you" and cross.
Stock markets rise as US inflation soothes rate fears for now
A mixed US inflation report boosted equity markets Thursday as it soothed fears of a possible Federal Reserve interest rate hike next week, though the still hot reading left open the possibility of one more before year's end.
Midnight strike deadline looms large for Detroit car giants
There is a long history of labor strikes at US car plants, but an emboldened auto workers union is poised to announce Thursday the first simultaneous strike of Detroit's "Big Three."
Interest rate cliffhanger as ECB mulls hike or pause
Eurozone interest rate setters face the toughest call of their long battle against red-hot inflation Thursday, when they decide whether to raise borrowing costs again or finally pause the unprecedented hiking campaign.
Asian markets rose as US inflation soothes rate fears for now
A mixed US inflation report boosted Asian markets Thursday as it soothed fears of a possible Federal Reserve interest rate hike next week, though the still hot reading left open the possibility of one more before year's end.
Outback Aboriginal town 'forgotten' in Australia's rights vote
Indigenous inhabitants of a small, dusty outback town in remote northern Australia hold out little hope that a historic October 14 referendum on Aboriginal rights will help their "forgotten" community.
'Huge' overfishing problem shows need to ratify ocean treaty: Greenpeace
Overfishing in international waters has surged in the past five years and demonstrates the need to ratify a recent global treaty to protect the high seas, a Greenpeace report said Wednesday.
US auto union chief says 'preparing to strike' as talks deadlock
The head of the US auto workers union announced Wednesday plans to strike against the three major Detroit automakers, saying the two sides remain far from a new agreement.
Former Starbucks CEO Schultz steps down from board
Starbucks said Wednesday its former chief executive Howard Schultz will step down from the coffee chain's board of directors "as part of a planned transition."
Picasso masterpiece to fetch $120 mn in November auction: Sotheby's
The November auction of a Pablo Picasso masterpiece, the late Spanish painter's "Femme a la montre" from 1932, is expected to fetch at least $120 million, Sotheby's announced Wednesday.
Argentina monthly inflation highest in three decades
Argentina recorded an inflation rate of 12.4 percent in August, the highest monthly change in over three decades in a country dogged by chronic economic instability, its statistics agency said Wednesday.
Argentina monthly inflation highest in two decades
Argentina recorded an inflation rate of 12.4 percent in August, the highest monthly change in over two decades in a country dogged by chronic economic instability, its statistics agency said Wednesday.
Parents of US reporter held in Russia seek help at UN
The parents of US reporter Evan Gershkovich said Wednesday they want world leaders due to gather at the United Nations next week to join in pressing for his release from prison in Russia.
Argentina dismantles prolific Nazi printing press
Argentine police have seized more than 200 Nazi publications and book covers and arrested the owner of a printing press run out of a home in suburban Buenos Aires, authorities said Wednesday.