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IN THE NEWS

US Fed's favored inflation measure cools further in June

US Fed's favored inflation measure cools further in June

The US Federal Reserve's favored inflation measure eased further in June, according to government data published Friday, in more good news for policymakers ahead of next week's interest rate decision.

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Brathwaite holds firm as West Indies collapse in third Test

Brathwaite holds firm as West Indies collapse in third Test

Kraigg Brathwaite could only watch as the West Indies squandered a promising position by losing three wickets shortly before lunch on Friday's first day of the third Test against England at Edgbaston.

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Electric car woes force German supplier ZF to axe jobs

Electric car woes force German supplier ZF to axe jobs

German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the switch to electric vehicles and foreign competition.

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Olympic icon Felix making presence felt at Paris Games

Olympic icon Felix making presence felt at Paris Games

Allyson Felix may have finally hung up her spikes after a glittering career that spanned three decades and five Olympics, but the track and field icon is still making her presence felt at the Paris Games.

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Ex-champion Mir extends Honda MotoGP deal

Ex-champion Mir extends Honda MotoGP deal

Spanish motorbike racer Joan Mir has extended his deal with Honda to continue racing the elite-level MotoGP circuit until 2026, the Japanese team said Friday.

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'Sabotage' on French rail network before Olympics: What we know

'Sabotage' on French rail network before Olympics: What we know

Arson attacks scrambled France's high-speed rail network for tens of thousands of passengers on Friday, after what officials called premeditated acts of "sabotage" just hours before the Paris Olympics opened.

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Evenepoel unhappy with 'holes' in road for Olympics time trial

Evenepoel unhappy with 'holes' in road for Olympics time trial

Remco Evenepoel, one of the favourites for Olympic time trial gold on Saturday, criticised the presence of numerous "holes" on the Paris roads which will stage the event.

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French rail network hit by 'sabotage' on eve of Paris Olympics

French rail network hit by 'sabotage' on eve of Paris Olympics

France's rail network was paralysed Friday by coordinated acts of sabotage which knocked out most of its high-speed train services hours before the Paris Olympics opening ceremony.

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Stock markets recover before US inflation data

Stock markets recover before US inflation data

Major stock markets mainly rose Friday as traders looked ahead to key US inflation data that could firm expectations for the Federal Reserve to start cutting interest rates in September.

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Obama endorsement adds momentum to Harris White House bid

Obama endorsement adds momentum to Harris White House bid

Former US president Barack Obama endorsed his fellow Democrat Kamala Harris' bid for the White House on Friday, delivering a major boost to her campaign to defeat Donald Trump in November's presidential election.

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