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After Fed, European central banks hike rates

After Fed, European central banks hike rates

Switzerland and Norway hiked interest rates Thursday to tackle inflation despite banking-sector turmoil, with the Bank of England next in line after the US Federal Reserve also lifted borrowing costs.

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Ethiopia appoints senior TPLF official as head of Tigray interim govt

Ethiopia appoints senior TPLF official as head of Tigray interim govt

The Ethiopian government said Thursday it has appointed a senior official in the Tigray People's Liberation Front (TPLF) as head of an interim government for Tigray after a peace deal ended a brutal two-year conflict.

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Toshiba to go private as board accepts $15 bn takeover bid: reports

Toshiba to go private as board accepts $15 bn takeover bid: reports

Troubled Japanese conglomerate Toshiba on Thursday accepted a $15 billion takeover bid by a consortium led by investment fund Japan Industrial Partners, major local media outlets reported.

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Even free transport can't shake Luxembourg's love of the car

Even free transport can't shake Luxembourg's love of the car

Three years after Luxembourg declared all public transport free in a bid to clear its roads of jams and cut pollution, the car is still king of the congested Grand Duchy.

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After Fed, European central banks hike their rates

After Fed, European central banks hike their rates

Switzerland and Norway hiked interest rates Thursday to tackle inflation despite banking-sector turmoil, with the UK's central bank next in line after the US Federal Reserve also lifted borrowing costs.

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China holds 'upper hand' in Russian gas exports

China holds 'upper hand' in Russian gas exports

A massive new gas pipeline to China could help reduce Russia's reliance on European buyers, but analysts say the project reveals a growing imbalance between the longtime strategic allies.

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India's Rahul Gandhi found guilty of defamation over Modi remark

India's Rahul Gandhi found guilty of defamation over Modi remark

An Indian court Thursday found opposition leader Rahul Gandhi guilty of defamation for a three-year-old campaign trail remark implying that Prime Minister Narendra Modi was a criminal.

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Japanese pair aiming to inspire after historic world skating win

Japanese pair aiming to inspire after historic world skating win

Riku Miura and Ryuichi Kihara said they wanted to inspire a new generation after becoming Japan's first ever figure skating pairs world champions on Thursday.

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Taiwan recalls ambassador to Honduras over FM's China visit

Taiwan recalls ambassador to Honduras over FM's China visit

Taiwan recalled on Thursday its ambassador to Honduras over a visit by Tegucigalpa's foreign minister to China, Taipei's government said in a statement.

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Asian markets rise as dollar falls on Fed rate hopes

Asian markets rise as dollar falls on Fed rate hopes

Asian markets mostly rose Thursday and the dollar retreated, brushing off a Wall Street retreat on hopes the Federal Reserve's latest interest rate hike would be one of its last.

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