Asian markets sway on recession fears as inflation data looms
Traders look to Tokyo as the yen dips towards the 145.90 level it touched last month, triggering a massive intervention to support the currency.
Hong...
Silicon Valley billionaire Milner renounces Russian citizenship
Moscow-born venture capital firm Yuri Milner has donated at least $11 million to help refugees from Ukraine San Francisco (AFP) - Silicon Valley billionaire...
France threatens to break the blockade of refineries in the face of strike
Paris (AFP) - The French government threatened on Tuesday to forcibly break the blockade of refineries and oil depots, which have paralyzed striking workers,...
Stocks fall on recession fears as inflation data looms
HONG KONG (AFP) - Markets mostly fell on Tuesday as investors grew increasingly concerned that more massive interest rate increases would push economies into...
Bank of England expands measures on UK ‘financial stability’ concerns
The Bank of England is responding to high UK bond yields since the government unveiled debt-driven tax cuts
London (AFP) - The Bank of England...
Winter power shortage won’t worry the Swiss Valley off the grid
Seaview (Switzerland) (AFP) - As people across Europe are urged to save energy next winter to avoid a power shortage, Switzerland's Bavuna Valley is...
Stocks and oil prices fall on recession fears
Fear is growing that further large interest rate increases will push economies into a deep recession. The mood also prevailed, with the worsening war...
The European Union cuts energy use and taxation of energy companies
The European Union plans to cut energy use by "at least five percent" during peak hours, according to a commission document seen by AFP.
Brussels...
The losses caused by Hurricane Ian, in the billions, will slow down growth in...
Residents of mobile homes clean up debris in the aftermath of Hurricane Ian in Fort Myers, Florida, on September 29, 2022
New York (AFP) -...
Mixed day for stocks as European inflation rises
A woman holds a torch during a demonstration against rising energy prices and the increasing cost of living during a national demonstration in Brussels...