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IN THE NEWS

Markets drop as central banks hike rates

Markets drop as central banks hike rates

Stock markets retreated on Thursday as the US Federal Reserve and European central banks unleashed more hefty interest rate hikes that aim to stomp inflation but raise fears of recession.

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'Fat Leonard' fugitive in US Navy scandal captured in Venezuela

'Fat Leonard' fugitive in US Navy scandal captured in Venezuela

A military contractor known as "Fat Leonard" who pleaded guilty in the US Navy's worst ever corruption scandal has been captured in Venezuela after fleeing the United States, the Interpol office in Caracas said.

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Frenchman rewarded for lifetime of research into narcolepsy

Frenchman rewarded for lifetime of research into narcolepsy

Emmanuel Mignot is one of the world's leading experts on narcolepsy, a sleep disorder that he finds both "strange" and "fascinating."

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Kremlin proxies in Ukraine double down ahead of annexation votes

Kremlin proxies in Ukraine double down ahead of annexation votes

Kremlin-installed officials in Ukrainian regions controlled by Moscow's forces vowed on Thursday to press ahead with polls this week on annexation by Russia, after world leaders condemned the votes and said the results would be void.

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Hot gas bubble spotted spinning around Milky Way black hole

Hot gas bubble spotted spinning around Milky Way black hole

Astronomers said Thursday they have spotted a hot bubble of gas spinning clockwise around the black hole at the centre of our galaxy at "mind blowing" speeds.

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Spanish court opens probe into  cannabis 'Ponzi scheme'

Spanish court opens probe into cannabis 'Ponzi scheme'

Spain's top criminal court has opened a fraud investigation into a Netherlands-based medicinal cannabis investment platform which allegedly swindled people around the world of millions of dollars.

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Mabil strike gives Socceroos 1-0 win over New Zealand

Mabil strike gives Socceroos 1-0 win over New Zealand

A first half goal from Cadiz winger Awer Mabil was enough to give Australia a 1-0 win over New Zealand in a World Cup warm-up match in Brisbane on Thursday.

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Mancini 'not worried' despite absences for England clash

Mancini 'not worried' despite absences for England clash

Roberto Mancini said Thursday that he is not letting Italy'a injury crisis worry him before the Nations League visit of England, a team he says are one of the world's best.

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USA make ominous start to women's World Cup as France ruin Jackson's comeback

USA make ominous start to women's World Cup as France ruin Jackson's comeback

Breanna Stewart drilled 22 points as the United States launched their bid Thursday for a fourth straight women's basketball world title with an 87-72 win over Belgium, as France upset hosts Australia to ruin veteran Lauren Jackson's return.

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Inflation-hit Turkey cuts rate for second month

Inflation-hit Turkey cuts rate for second month

Turkey's central bank on Thursday cut its policy rate for the second straight month despite an annual inflation rate that has reached 80 percent and is still moving higher.

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