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Major German trade union wins pay hike, averting strike
Germany's biggest trade union agreed Friday to hefty wage hikes that are expected to cover almost four million workers facing soaring inflation, averting a major strike in Europe's top economy.
VP Harris tells Asia the US is 'here to stay'
Vice President Kamala Harris told Asian leaders on Friday that the United States is committed to the region for the long haul, rejecting doubts about its engagement as China expands its clout.
DR Congo town set to 'disappear' as mines expand
"We're screwed," said Alphonse Fwamba Mutombo, standing on a plot of rubble overlooking an open-cast cobalt mine in Kolwezi, southeastern DR Congo.
Asian markets mixed as caution over rate outlook dulls sentiment
Asian markets were mixed Friday as caution permeated trading floors and investors tried to gauge the outlook for Federal Reserve monetary policy after several officials tried to temper optimism over signs that inflation is slowing.
UK's remote Pitcairn islanders see no Brexit bounty
The Pitcairn Islands, a volcanic outcrop halfway between South America and New Zealand, is the UK's only overseas territory in the Pacific Ocean and home to only 46 people.
Japan inflation hits four-decade high in October
Japanese inflation hit a four-decade high last month, government data showed Friday, fuelled by high energy costs and a weak yen and ramping up pressure on the central bank to move away from its ultra-loose monetary policies.
Asian markets rise but caution over rate outlook dulls sentiment
Asian markets edged up Friday, though caution permeated trading floors as investors tried to gauge the outlook for Federal Reserve monetary policy after several officials tried to temper optimism over signs that inflation is slowing.
'Young people are leaving us' in Amazon suicide wave
Shocked by a recent spate of teen suicides, shamans in the Colombian Amazon placed their remote Indigenous village under a three-week "quarantine" without alcohol, football or music.
Cuba bets on specialty coffee to boost industry
In the lush, fertile mountains of Cuba, farmer Jesus Chaviano dreams of adding his arabica beans to a list of specialty coffees the country hopes will lift an industry in decline.
Elizabeth Holmes to be sentenced in Theranos fraud trial
Fallen US biotech star Elizabeth Holmes faces sentencing on Friday after being found guilty of defrauding investors and endangering patients in a case that became an indictment of Silicon Valley.
Twitter exodus begins after Musk 'hardcore' ultimatum
Employee departures were multiplying at Twitter on Thursday after an ultimatum from new owner Elon Musk, who demanded staff choose between being "extremely hardcore" and working intense, long hours, or losing their jobs.
UK austerity budget stings markets, US stocks slip for second day
A British austerity budget hit the pound and gilts on Thursday, while stocks suffered worldwide on the glum economic outlook and prospect of painfully high interest rates to curb inflation.
Starbucks staff go on strike in US stores over labor talks
Starbucks workers in the United States went on strike at multiple unionized locations Thursday, a move planned to affect over 100 stores in protest against the coffee giant's approach in negotiating union contracts.
Blizzard to pull popular games from China after license spat
US gaming giant Blizzard Entertainment will suspend most of its services in China from January, the company said Thursday, after it failed to reach a licensing deal with local firm NetEase.
UK unveils recession budget triggered by markets chaos
Britain's government Thursday unveiled a painful budget with £55 billion ($65 billion) of tax hikes and spending cuts despite confirming the country was in recession.
Salvadoran president vows to buy "one #Bitcoin every day'
President Nayib Bukele of El Salvador, the first country to make bitcoin legal tender, said Thursday the nation would buy one unit of the currency every day, doubling down in the face of public criticism of his embrace of the crypto money.
FTX had 'complete failure' of controls, new CEO says
Collapsed cryptocurrency exchange FTX suffered a "complete failure of corporate controls" under founder Sam Bankman-Fried, the company's new chief executive said Thursday, calling the situation "unprecedented."
UK austerity budget stings markets
A British austerity budget hit the pound and gilts on Thursday, with stocks suffering worldwide on the glum economic outlook and the prospect of painfully high interest rates to curb inflation.
UK unveils recession budget following markets chaos
Britain on Thursday unveiled a painful budget with £55 billion ($65 billion) of tax hikes and spending cuts despite confirming its economy was in recession.
UK unveils austerity budget despite recession
Britain on Thursday unveiled an austerity budget with £55 billion ($65 billion) of tax hikes and spending cuts despite confirming its economy was in recession.
Alibaba reports loss of $2.9 billion in third quarter
Chinese e-commerce giant Alibaba on Thursday reported a loss of 20.6 billion yuan ($2.89 billion) for the third quarter, as the company grapples with an economic slowdown and an anti-monopoly crackdown.
Binance boss pledges to release audit, throws 'psychopath' jab
The head of Binance, the world's top cryptocurrency exchange, pledged Thursday to release an audit into the firm and rejected claims he sparked the recent collapse of rival platform FTX.
Russian mines in Ukraine 'greatest challenge' to landmark ban treaty
Russia's use of newly-produced landmines in Ukraine poses the greatest challenge to a landmark global ban treaty forged 25 years ago, a monitor said Thursday.
Europe stocks mostly drop before UK budget
European equities mostly fell Thursday with London on tenterhooks before a painful UK budget set to rip up the country's economic forecasts.
S. Korea, Saudi Arabia agree to boost energy and defence ties
The leaders of South Korea and Saudi Arabia agreed Thursday to boost ties in key sectors such as energy and defence, with the oil-rich kingdom signing a slew of deals including a $6.7 billion petrochemical agreement.
Markets hurt as rate hike woes return to the fore
Trading was subdued on Thursday as the optimism that characterised recent sessions was dealt a blow by data showing a resilience among US consumers that gives the Federal Reserve room to keep hiking interest rates.
Asian markets hurt as rate hike woes return to the fore
Trading was subdued in Asia on Thursday as the optimism that characterised recent sessions was dealt a blow by data showing a resilience among US consumers that gives the Federal Reserve room to keep hiking interest rates.
Rising temperatures boost olive growing in Bosnia
Winemaker and olive grower Jure Susac's land in Bosnia used to be blanketed with frost or even snow by autumn's end, but years of rising temperatures now mean balmy weather late into the year.
Greece's treasures caught between tourism and conservation
With 18 UNESCO World Heritage sites, including the Acropolis facing a new push for tourism, experts are calling for a "fine balance" to be struck between protecting Greece's great ancient monuments and further development.
As Qatar World Cup looms, street cricket rules for Gulf migrant workers
It is 7:00 am in Dubai and as the sun peeks above high-rises, it reveals an animated scene below: about 200 people, mostly men, wielding bats and taped-up tennis balls in a weekly festival of street cricket.
Warhol piece sells for $85 mn at New York auction
Andy Warhol's iconic 1960s painting "White Disaster" sold for $85 million at auction Wednesday evening at Sotheby's in New York.
Out of the box: defying stereotypes in 'Return to Seoul'
It is Cambodia's next Oscars entry, has a Korean-born France-based star, a French-Cambodian director, and was shot in South Korea.