Philippine priests back Marcos rival in high stakes election campaign
Hundreds of Philippine priests on Thursday endorsed the main rival to former dictator Ferdinand Marcos's son, just days ahead of a presidential election they called a "battle for the soul" of the nation.
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Stocks rally as Fed eases fears of bigger rate hike
Stock markets rallied Thursday after the Federal Reserve played down chances of an even bigger US interest rate hike in the near future.
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Shell profit up as high oil prices offset Russia hit
British energy giant Shell on Thursday logged soaring first-quarter net profit as surging oil prices offset a sizeable charge linked to its Russia exit.
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Legendary Morozov art collection back in Russia after hit show in Paris
Russia said Thursday that a sprawling collection of artworks by the likes of Van Gogh, Cezanne, Matisse and Monet -- the so-called Morozov Collection -- has been safely returned after the show proved a runaway success in Paris.
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Turkey inflation spirals to nearly 70 percent in April
Turkey's official inflation rate spiralled to nearly 70 percent in April, data showed on Thursday, posing a huge challenge to President Recep Tayyip Erdogan, whose unconventional economic policies are often blamed for the economic turmoil.
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Iraq sandstorm sends more than 1,000 to hospital
More than 1,000 Iraqis were rushed to hospital with respiratory ailments on Thursday due to a sandstorm, the seventh to hit the country in the past month, state media said.
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Asian, European markets rise as Fed eases fears of huge rate hike
Markets rallied Thursday after the US Federal Reserve played down chances of a huge interest rate hike in the near future, while oil extended gains as the European Union moved to ban imports from Russia.
Read moreMillions in Beijing urged to work from home to fight Covid
The streets of Beijing's business district were deserted on Thursday as the government called for people to return to work remotely, with scores of subway stations shut after a national holiday muted by coronavirus curbs.
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TikTok to launch ad revenue-sharing program for creators
TikTok on Wednesday announced an ad revenue-sharing program with the social media platform's most prominent creators, moving closer to a model already used by its competitors.
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China’s Covid rules batter business confidence: EU Chamber
China's strict zero-Covid policy has led to a plunge in confidence among European companies operating in the country as supply chains are tangled, revenue projections fall and staff leave, according to a business group survey released Thursday.
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