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Bank of Japan set to raise rates under pressure from inflation, US

The Bank of Japan is poised to raise interest rates again on Friday to counter inflation fuelled by surging energy prices and to support the yen, under Washington's watchful eye.

EU chief hosts Canada's Carney in push to 'deepen' alliance

From investments in AI to energy supplies, a drive to strengthen EU-Canada ties shifts into gear Wednesday, as the bloc's chief lays out the coming year's priorities before European lawmakers -- and Canadian leader Mark Carney.

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Tribal Partners with ServiceNow to Empower Enterprise Teams to Build and Deploy Apps & Agents

Tribal launches Tribal for ServiceNow, enabling enterprise teams - not just developers - to build and personalize AI where work already happens.

Borderless.xyz Deepens Africa Coverage as CrissCross Goes Live on Its Network

This integration brings local collections, payouts, FX, and corporate treasury across African markets, with direct reach into local banks and more than 15 mobile money operators, to the Borderless.xyz payments network.

Fusion Markets Extends Negative Balance Protection to Clients Globally

Fusion Markets has extended Negative Balance Protection to clients outside Australia, effective immediately. The safeguard, which prevents a trading account from falling below zero during periods of extreme market volatility, was previously available only to Australian retail clients.

Beleaguered FIFA chief Infantino rids himself of critic Lamour

Embattled FIFA president Gianni Infantino will hope the departure of Kevin Lamour does not spark damaging revelations from the former chief operating officer of world football's governing body.

Crude extends gains, most stocks drop as Mideast hopes dim

Oil prices extended gains and Asian stocks mostly fell on Tuesday as a US-Iran deal to reopen the Strait of Hormuz remained distant, a day after the deadline for a truce expired.

ISS to host first spacewalk by Frenchwoman

Sophie Adenot is set to become the first French female astronaut to venture outside the International Space Station for a spacewalk on Tuesday, accompanied by American astronaut Anil Menon.

A Viking longship in 'The Odyssey'? It's a case of history meets Hollywood

The eras of "The Odyssey" and the Vikings happened about 2,000 years apart -- so how did a Viking longship end up with a starring role in this year's blockbuster movie?

Copper powers profit rise at mining giant BHP

Australian mining titan BHP reported Tuesday a solid rise in annual profit boosted by surging prices for copper -- a key metal for the global energy transition and AI data centres.

How families in Milei's Argentina sank deep into debt

Andrea feels deep shame when she thinks about the loan she took out a year ago in Buenos Aires that she is now unable to repay.

Brazil's Lula hails new oil find as 'passport to the future'

Brazilian President Luiz Inacio Lula da Silva on Monday hailed the discovery of oil near the Amazon coast as a "passport to the future," despite strong opposition to drilling in the area from environmentalists.

Lamour leaves key FIFA position after criticising Infantino

Frenchman Kevin Lamour has left his role as FIFA's chief operating officer after criticising president Gianni Infantino's scrapped private investor plan, world football's governing body confirmed Monday.

OpenAI to lease massive new AI data center in US, backed by Nvidia

ChatGPT-maker OpenAI will lease a massive new data center in the United States for 20 years, backed by a $105 billion financing commitment from Nvidia, according to a regulatory filing published Monday.

Amboss Opens Affiliate Program: Earn Recurring Bitcoin Commissions by Growing Bitcoin Payments

Amboss Technologies today launched the Amboss Affiliate Program, an open invitation to anyone who can introduce businesses to lower-cost, chargeback-free payments while expanding the Bitcoin payments network.

Pentagon inks Tomahawk deal amid reports of missile shortfall

The Pentagon announced a $22.9 billion contract with Raytheon on Monday for Tomahawk missiles amid reports of a shortfall due to the war with Iran.

Stocks lower as Hormuz concerns and high oil prices persist

Global stocks mostly slipped Monday as lack of progress on opening the Straits of Hormuz outweighed expectations that the Federal Reserve will not raise US interest rates anytime soon.

Virgin moves closer to launching Eurostar rival in 2030

British group Virgin has been granted track access to run new cross-Channel train services from 2030, the country's rail regulator said Monday, bringing it closer to launching a rival service to Eurostar.

Jason Arday: UK academic who died amid plagiarism storm

Jason Arday, the ex-Cambridge professor found dead amid a growing furore over claims of academic plagiarism and personal life embellishments, rose from humble roots in Britain to be hailed as an academic superstar.

Spidey swings high for third weekend in N. American box office

"Spider-Man: Brand New Day" continued dominating the North American box office, drawing an additional $70 million in ticket sales on its third weekend on the big screen, according to industry estimates.

Calls for UK inquiry into 'hounding' of ex-Cambridge academic

More than 31,000 people, including several MPs, have signed a petition urging UK Prime Minister Andy Burnham to hold a public inquiry into alleged media harassment of the late academic Jason Arday, the organisers said Sunday.

Gay badminton star Gilmour urges progress on LGBTQ rights in Asia

Scotland's European badminton champion Kirsty Gilmour, who came out as gay in 2021, said she hopes to see greater acceptance of LGBTQ people in Asia.

As Opel turns to Chinese partners, its hometown frets about the future

As Germany's Opel slashes its engineering ranks and partners with China's Leapmotor, anxiety is running high in Ruesselsheim, the city it has long dominated.

'People could get hurt': Conservationists decry AI wildlife visuals

The black-and-white image appears to show the unlikeliest of interactions: an orangutan cradling endangered leopard cubs deep in the jungles of Malaysia's Sabah state.

easyJet strike sees 100 French flights cancelled

British budget carrier easyJet has called off about 100 flights out of French airports on Saturday and Sunday because of a strike by cabin crew furious over repeated changes to their schedules.

UK-based Afghan writer pleads for country's 'abandoned' women

Afghanistan's women are "fighting alone" against discrimination by the Taliban authorities and feel abandoned by the world, Afghan journalist Zahra Joya told AFP.

Mexico's Indigenous chief justice hits back at discrimination

Mexico's Supreme Court chief justice told AFP he faces discrimination on a daily basis over his Indigenous roots.

Taliban govt to mark five years ruling Afghanistan

The Taliban government celebrates five years of ruling Afghanistan on Saturday, with the authorities hailing their country's "freedom" and security, while critics decry tightening restrictions in all areas of daily life.

Ex-Cambridge professor at centre of plagiarism scandal found dead

Black academic Jason Arday, who resigned from the University of Cambridge last week amid a high-profile plagiarism storm that featured racism claims, was found dead Friday, the prestigious British institution confirmed.

Gramercy Networks Announces New Global Ultra-Low Latency Financial Network Connecting Major Trading Hubs

New global network backbone will provide high-performance connectivity between five of the world's key financial markets; Gramercy Networks is now accepting pre-orders from financial institutions and trading firms seeking access to the network.

Liverpool deal with Bezos consortium raises stakes in US battle for Premier League power

Liverpool's decision to sell a minority stake to a consortium of financial heavy hitters including Amazon founder Jeff Bezos is the latest move in the battle for supremacy between the American owners in the Premier League.

'I shot Mr Thompson': Stunning confession in US health exec's slaying

Luigi Mangione spoke slowly and deliberately as he admitted to shooting US health care executive Brian Thompson, in a stunning confession befitting a crime that has gripped the United States.

Stocks slip in cautious trading, oil turns higher

Stock markets retreated in sparse summer trading Friday, with the uncertain outlook for the Middle East war and the US economy arguing for caution ahead of the weekend.

Stocks tread water with eyes on oil price

Stock markets traded little changed in scant summer trading Friday, with both oil prices and the dollar slipping as investors assess the outlooks for US interest rates and the war in the Middle East.

Dubai Telegraph - Economy (English)