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US producer inflation tops expectations as diesel costs jump
US wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month -- particularly for diesel -- as the US war with Iran continued.
August hottest month ever recorded globally as huge El Nino emerges
Europe's climate monitor said Thursday that August was the hottest month ever recorded around the world and warned of worse to come, as an unprecedented El Nino pattern grows stronger.
Rubio ends South America swing with Peru security talks
US Secretary of State Marco Rubio wraps up a whirlwind tour of Latin America in Peru on Thursday, deepening cooperation with a new bloc of conservative governments and pressing the fight against regional drug cartels.
'Bragging rights' up for grabs at game-changing Ultimate Championship, says Coe
Global "bragging rights" are up for grabs at the Ultimate Championship in Budapest, World Athletics president Sebastian Coe said Thursday, hailing the inaugural three-day event as an "incubator for change".
Defiant Iran seeks to bruise Trump ahead of midterms
Iran is intensifying confrontational actions against the United States in the hope of further raising the cost of the conflict for President Donald Trump less than two months ahead of the US midterm elections, analysts say.
ECB hikes borrowing costs to combat Mideast energy shock
The European Central Bank raised interest rates Thursday for the second time this year as renewed fighting in the Middle East sends energy prices soaring, threatening to push widespread inflation higher.
France withdraws support for Infantino in FIFA presidential election
France will not support the candidacy of Gianni Infantino, who is running for a new term as FIFA president in March 2027, the French Football Federation (FFF) announced on Thursday.
England turn screw in 3rd Test against Pakistan
Harry Brook and Dan Lawrence stepped on the gas as England tightened their grip on the third Test against Pakistan at Edgbaston on Thursday, aiming to wrap up a series whitewash in double-quick time.
Evolution Metals & Technologies Provides Initial Revenue Guidance of $400-460mm for Fiscal Year 2027
Fiscal 2027 outlook of $400 million to $460 million reflects the expected first full-year contribution from the expansion of annual rare earth magnet production capacity in Pohang, Republic of Korea, to approximately 10,000 metric tons, including approximately 6,000 metric tons of high-performance sintered NdFeB magnets, as the January 1, 2027 DFARS mine-to-magnet restriction takes effect
France will not support Infantino in FIFA election: federation chief
France will not support the candidacy of Gianni Infantino, who is running for a new term as FIFA president in March 2027, the French Football Federation (FFF) announced on Thursday.
Clark-led USA thrash Hungary to move into women's World Cup semi-finals
A United States team full of WNBA stars breezed into the semi-finals of the Women's Basketball World Cup with a 108-56 win against Hungary on Thursday.
In their words: Israeli forces describe AI-backed Gaza killing in new film
A new documentary from two Oscar-winning Israeli filmmakers provides damning new testimony about AI-enabled mass killings in Gaza from the men and women who took part, the directors told AFP on Thursday ahead of its premiere in Venice.
Vance takes spotlight as Republicans close Trump-heavy convention
US Republicans return to the stage Thursday to close their midterm convention, still betting that Donald Trump's political magnetism can overcome grim election forecasts -- while giving Vice President JD Vance a prime-time showcase as a potential heir.
Yemen's Houthis seize key city on Red Sea: military source
Yemen's Houthis seized control of the strategic Red Sea port city of Mokha on Thursday, a Yemeni military source told AFP, as the Iran-backed group reported fresh strikes by Saudi forces.
Russian skater Valieva loses neutral status
Russian figure skater Kamila Valieva, who returned to action this year after a long doping ban, has been barred from international competition after losing her status as a neutral athlete, the International Skating Union (ISU) said Thursday.
Oil prices extend gains as markets await ECB rate outlook
Oil prices rose further Thursday on resurgent Middle East hostilities, fanning concerns about high inflation that is widely expected to push the European Central Bank to raise interest rates this afternoon.
Will Israel's right exploit sanctions in run-up to vote?
British-led sanctions over settlement expansion in the West Bank may have the unintended effect of emboldening the Israeli right ahead of elections, analysts and a diplomatic source told AFP.
Wars pose a test as India hosts BRICS summit with China, Russia, Iran leaders
India will host leaders including the presidents of China, Russia and Iran for a BRICS summit on Saturday, with wars in the Middle East and Ukraine, as well as economic challenges, set to dominate talks among the 11-member group.
'Metal Gear' creator moves to Xbox after Playstation cancellation
Legendary Japanese video game creator Hideo Kojima said Thursday he had partnered with Microsoft's Xbox for his next project after its development for the PlayStation console was cancelled by Sony.
Messi to buy second Spanish lower league club
Argentina icon Lionel Messi has agreed to take over Spanish club Eldense, the second division side confirmed on Thursday.
Indonesia rescues six orangutans from fires in a week
Six orangutans including two nursing infants have been rescued from fires raging on Borneo island in the past week, Indonesian authorities and rescuers said Thursday, bringing the total to 15 in a month.
Pochettino calls for Chelsea to lose 2016-17 Premier League title
Former Tottenham manager Mauricio Pochettino says Chelsea should be stripped of their 2016-17 Premier League title for financial rule breaches and the honour awarded to the side he led to the runners-up spot.
Macron urges Europe to develop 'crewed spaceflight' programme
French President Emmanuel Macron on Thursday called on Europe to develop its own crewed spaceflight capability within a decade as part of a broader push to strengthen the continent's space sector.
North Korea leader's daughter believed to have younger sibling: Seoul
North Korean leader Kim Jong Un's daughter and apparent successor is believed to have a younger sibling, South Korea's spy agency said on Thursday, offering a more detailed view of the ruling family's line of succession.
Deals worth billions to be signed as UAE leader visits Germany
The leader of the United Arab Emirates began a state visit to Germany on Thursday, during which deals worth billions of euros will be signed in sectors including energy and technology, Emirati diplomats said.
Wars pose a test as India hosts BRICS summit with Russia, Iran leaders
India will host leaders including the presidents of Russia and Iran for a BRICS summit on Saturday, with wars in the Middle East and Ukraine, as well as economic challenges, to dominate talks among the 11-member group.
Zamanat Targets GCC’s $250 Billion SME Financing Gap With Up to $100 Million Tokenized Private Credit Fund
Zamanat Fund CEIC Limited is the company’s first live proof point for regulated fund tokenization on ZIGChain focused on GCC private credit.
Alessio Vinassa Unveils an Emerging Technology Investment Approach Shaped by Financial Challenges
Tech entrepreneur and angel investor Alessio Vinassa today announced the expansion of his investment framework focusing on the convergence of artificial intelligence and cybersecurity, applying strategic risk-mitigation model lessons derived from managing high-pressure financial turnarounds to emerging enterprise technologies. Before he began investing across artificial intelligence, cybersecurity, Web3 and innovative finance, he faced a financial collapse that changed how he understood risk.
Sri Lanka court revokes monk's pardon, orders return to prison
Sri Lanka's Supreme Court overturned Thursday a presidential pardon granted to a hardline Buddhist monk and ordered him to serve the remainder of a six-year prison sentence for intimidating the wife of a missing cartoonist.
Stocks drop as oil spike fans inflation and interest rate fears
Asian stocks fell Thursday and Brent oil held gains a day after breaking the psychological $100 barrier on the back of resurgent Middle East hostilities that have fanned inflation fears.
'Hopeless, stuck, afraid': US deportees in limbo in Cameroon
Ayana was deported to Cameroon from the United States where she had legally lived nearly all her life and now faces uncertainty, far from her family in an unfamiliar country.
Portugal harvests grapes at night to beat the heat
Equipped with headlamps and pruning shears, a team of farm workers navigate pitch-black darkness during a nocturnal grape harvest that shields them from Portugal's increasingly oppressive summer heat.