US stocks soar as Fed’s Powell quells fear of bigger hikes
The S&P 500 rose 3%, Nasdaq 100 jumped 3.4% while the Dow Jones Industrial Average gained 2.8%.
Category Archives: News
Anger at Greek court verdict over LGBTQ activist killing
LGBTQ activists denounce acquittal of police officers who had been charged over killing of a queer activist in Athens.
Guinea issues charges against deposed leader Alpha Conde
The charges against the 84-year-old former president and his allies include complicity in murder and assault.
In their words: US Supreme Court justices’ records on abortion
A 6-3 conservative majority on the US's top court appears prepared to reverse precedents allowing abortion.
Elon Musk asked by UK Parliament to discuss plans to buy Twitter
The Parliament's digital committee asked the Tesla CEO to give evidence about his proposals 'in more depth'.
Fed raises rates half-point as Powell signals similar moves ahead
That is the biggest move from the US central bank since 2000.
New Mexico wildfire burns through ‘sacred land’
More than 10,000 people have been evacuated from their homes after the large fire tore through centuries-old villages.
What you should know about the EU plan to ban Russian oil imports
The European Commission has proposed a plan to phase out imports of Russian crude and refined oil.
‘The bottom line’: Biden touts falling US budget deficit
US President Joe Biden took aim at what he dubbed 'MAGA' Republicans who he charged with protecting billionaires.
TurboTax pays $141m to settle claims it duped consumers
Intuit will pay US customers who were deceived by misleading promises of free tax-filing services.
Abortion rights take centre stage in US midterm election year
Democratic politicians expect a pending Supreme Court decision to prompt their voters to 'rise up' and 'fight'.
No Ukraine ceasefire deal without Russian withdrawal: Zelenskyy
Ukrainian president says he will not accept a deal that would allow Russian troops to remain in occupied territory.
Hariri’s absence leaves Sunni voters unsure ahead of Lebanon poll
Experts say Saad Hariri’s absence from upcoming Lebanese election created a 'political void' for the Sunni community.
Seven dead in attack on Chibok community in northeast Nigeria
Chibok first came to the limelight when Boko Haram abducted about 200 schoolgirls from the community's school in 2014.
UN chief asks for safe return conditions for Nigeria’s displaced
Some 2.2 million people have been displaced in over a decade of violence from Boko Haram and its factions in the north.
Northern Ireland set to vote in election poised to make history
Sinn Féin, a nationalist, pro-reunification party, is predicted to get the post of first minister for the first time.
Indiana, Ohio primaries: Trump nod strong, Dems stay in centre
The first round of primaries ahead of November midterm elections offered early indications of US political temperature.
India’s biggest IPO opens in midst of volatile markets
Through the IPO of state-run LIC, India expects to raise $2.7bn from the sale of a 3.5 percent stake.
Beijing imposes new transit restrictions in bid to contain COVID
As Omicron spreads, officials in China's capital city are trying to avoid the kind of mass lockdown seen in Shanghai.
CAR: HRW denounces alleged abuses of Russian mercenary group
The Kremlin-linked mercenary group Wagner has been accused of perpetrating human rights abuses in Mali and now CAR.