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Russia faces default fears as debt payment due
Russia is due to pay interest on its foreign debt Wednesday as sanctions over the Ukraine conflict have raised concerns that Moscow could face its first default in decades.
Brazil awards Bolsonaro 'medal of indigenous merit'
The Justice Ministry awarded President Jair Bolsonaro Brazil's "medal of indigenous merit" Wednesday, drawing criticism for granting the honor to a leader that indigenous groups accuse of "genocide" and "ecocide."
Howard Schultz returns to Starbucks as interim leader, Johnson exits
Starbucks announced Wednesday that longtime chief Howard Schultz will return to helm the global coffee shop chain on an interim basis while the company searches for a new leader amid a growing unionization drive.
Starbucks says Howard Schultz back as interim leader as Johnson exits
Starbucks announced Wednesday that longtime chief Howard Schultz will return to lead the global coffee shop chain on an interim basis while the company searches for a new leader amid a growing unionization drive.
Higher gas prices boosted US retail sales in February
Rising costs for gasoline caused US retail sales to grow in February, according to government data released Wednesday, though the expansion was slightly below expectations.
WTO chief hails Covid vaccines IP compromise
The World Trade Organization chief hailed Wednesday a breakthrough between the EU, the United States, India and South Africa on waiving intellectual property rights on Covid-19 vaccines.
Head of Russia's Yandex resigns after being hit by EU sanctions
The head of Russia's tech giant Yandex, Tigran Khudaverdyan, has resigned after being placed on a list of European sanctions.
Nickel trading resumes only briefly in London
Trading in nickel resumed Wednesday on the London Metal Exchange after a lengthy pause linked to the Ukraine crisis but was quickly suspended again after a sharp fall.
British PM to meet Saudi, UAE leaders as war roils oil prices
British Prime Minister Boris Johnson was to lobby Saudi Arabia and the United Arab Emirates to pump more oil to calm turbulent markets as he meets the Gulf states' leadership on Wednesday.
US steps up aid to Ukraine as pressure builds to halt Russia
The United States is set to unveil a fresh round of security assistance to Ukraine Wednesday, a White House official said, as Western leaders faced mounting pressure to stop Russia's bombardment of civilians and peace talks made halting progress.
Ben Affleck and Ana De Armas's fatal attraction
If there's one guy who knows how to make an erotic thriller in Hollywood, it's Adrian Lyne.
Asian markets bounce as Hong Kong tech sees bargain-buying
Asian markets saw a much-needed bounce Wednesday as Hong Kong's tech giants led a rally in the city after their recent rout, while oil prices rose back above $100 but remain pressured by concerns over demand from China.
Pakistani truck artist gives new flair to kicks
Haider Ali dabs a brush with an iridescent glob of paint and gets to work on a pair of sparkling white trainers -- his latest canvas for a carnival of colour celebrating Pakistani culture.
Fed set to raise interest rates to rein in inflation
US central bankers on Wednesday are poised to take the first step to raise borrowing costs in a bid to cap rising inflation before it surges out of control.
Dominoes the game for everyone in Venezuela
Efren Rodriguez leaves the table annoyed as his fellow players, drunk and laughing, cry out "Zapato! Get out!"
European leaders in defiant Kyiv trip as Russia closes in
A trio of eastern European leaders met Ukraine's president in his besieged capital Tuesday, in a defiant act of solidarity as Russian forces pressed in and air strikes claimed yet more lives in the city under curfew.
European leaders in defiant Kyiv trip as Russia presses in
A trio of eastern European leaders met Ukraine's president in his besieged capital Tuesday, in a defiant act of solidarity as Russian forces pressed in and air strikes claimed yet more lives in the city under curfew.
Barcelona agree sponsorship deal with Spotify
Barcelona announced on Tuesday that Spotify will become their main sponsor from next season, with the club's stadium to be rebranded as Spotify Camp Nou from July.
Biden Fed nominee Sarah Bloom Raskin withdraws: source
US President Joe Biden's nominee for the role of the top Federal Reserve banking cop Sarah Bloom Raskin said Tuesday she was withdrawing her name from consideration, a source familiar with the matter told AFP.
Nobel laureate Stiglitz calls on Europe to do without Russian gas
Nobel economics prize laureate Joseph Stiglitz said Tuesday that the speed and intensity of economic and financial sanctions against Russia would make them efficient but warned Europe must stop buying Russian oil and gas.
Oil prices plunge on China lockdowns, stocks diverge
Oil prices plunged on Tuesday as major crude consumer China placed nearly 30 million people under Covid lockdown and traders tracked the latest developments in Ukraine and Iran nuclear talks.
Russian forces press in on Kyiv as talks resume
Russian forces pressed in on Kyiv Tuesday with a series of strikes on residential buildings that killed four people in the Ukrainian capital, despite a fresh round of talks aimed at halting the war.
Verona hit with one-match stand closure after racist chants
Verona will have to play one match without the backing of their hardcore fans after widespread racist chants during the weekend's 2-1 loss to Napoli, Serie A said on Tuesday.
Fake heiress Anna Sorokin still in US amid deportation rumors
Fake heiress Anna "Delvey" Sorokin remains in custody in the United States, US immigration authorities said on Tuesday, despite reports she was about to be deported to Germany.
Intel investment fuels EU chips race with Asia
American chip-making giant Intel said on Tuesday it planned to invest tens of billions of euros in the European Union, as the continent seeks to reduce its reliance on semiconductors from Asia.
Food security worsens in Afghanistan as wages fall: World Bank
Food security in Afghanistan has deteriorated sharply since the Taliban took power in August, while wages have fallen "dramatically" for more than two-thirds of workers, a World Bank survey said Tuesday.
Oil prices plunge on China lockdowns, stocks waver
Oil prices plunged Tuesday as major crude consumer and global economic engine China placed nearly 30 million people under Covid lockdown.
Fed begins policy meeting as it prepares to raise interest rates
The Federal Reserve opened its two-day policy meeting on Tuesday as it prepares to raise borrowing rates for the first time since the pandemic began in an effort to tamp down rising inflation.
Oil prices plunge on China lockdowns, stock markets slide
Oil prices plunged more than eight percent Tuesday on lower demand expectations with nearly 30 million people under Covid lockdown in key consumer China.
UK slaps heavy tariffs on Russian imports, including vodka
Britain on Tuesday imposed an additional 35 percent tariff on a swathe of Russian imports, from vodka to steel, and banned exports of luxury goods over Moscow's invasion of Ukraine.
Deadly blasts rattle Kyiv, talks with Russia to resume
A series of powerful explosions rocked residential districts of Kyiv early Tuesday killing two people, just hours before talks between Ukraine and Russia were set to resume.
UK unemployment falls below pre-pandemic level
Britain's unemployment rate has fallen below its pre-pandemic level, data showed Tuesday, but wages are eroding at the fastest pace in eight years as inflation soars.