London, Frankfurt hit record highs on rate-cut hopes
The London and Frankfurt stock exchanges hit record highs Thursday as the Bank of England kept its interest rate at a 16-year high but raised hopes of a cut in the coming months.
Read more
UK's Cameron urges NATO countries to boost defence spending
UK Foreign Secretary David Cameron on Thursday urged NATO partners to soon start spending 2.5 percent of GDP on defence, during a major speech in which he called for a more muscular approach to Western foreign policy.
Read more
Bank of England holds rate at 16-year high, signals looming cut
The Bank of England on Thursday kept its main interest rate at a 16-year high, but hinted at a cut over the summer as UK inflation cools further and the country looks set to exit recession.
Read more
Spanish court shelves Shakira tax fraud case
A court in Spain said Thursday it has shelved a probe into another alleged tax fraud by Colombian pop star Shakira, putting an end to her legal woes in the country where she once lived.
Read more
Bayern face uncertain future after Champions League exit
Bayern Munich's Champions League elimination at the hands of Real Madrid on Wednesday will kick-start a summer of soul-searching with the German giants facing an uncertain future.
Read more
Rafah struck after Biden warning on arms transfers
Smoke rose from strikes on Gaza's crowded southern city of Rafah Thursday after US President Joe Biden vowed to cut off artillery shells and other weapons supplied to Israel if a full-scale offensive into the city goes ahead.
Read more
European stocks stutter before Bank of England rate call
European stock markets wavered on Thursday but with London close to a record peak before a Bank of England decision on interest rates.
Read more
Italian tennis star Giorgi retires
Italian tennis player Camila Giorgi, a four-time winner on the WTA circuit, has retired at the age of 32, Italy's tennis federation (FITP) has announced.
Read more
Inevitable Madrid continue Champions League love affair
Real Madrid turned to the same old story in the Champions League and even though Bayern Munich knew all of the words, they were powerless to stop the kings of Europe pulling off another improbable and yet inevitable comeback.
Read more
Nissan net profit nearly doubles despite China challenges
Nissan said Thursday it nearly doubled its full-year net profit in 2023-24, weathering challenges in the Chinese market, but forecast a dip of around 10 percent for the current financial year.
Read moreIn The News
