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Memphis releases deadly police beating video
The US city of Memphis on Friday released graphic video footage depicting the fatal police assault of a 29-year-old Black man, as cities nationwide braced for a night of protests against police brutality.
Memphis to release fatal police beating video
The US city of Memphis was poised Friday to release graphic video footage depicting the fatal police assault of a 29-year-old Black man, as cities nationwide braced for a night of protests against police brutality.
LeBron James jersey sells for whopping $3.7 mn
A game-worn jersey of basketball superstar LeBron James sold for $3.7 million at auction Friday, five times more than the previous record for one of his shirts.
Key US inflation gauge slows in December while spending falls
A key indicator of US inflation eased in December as spending dipped, according to government data released Friday, opening the door to smaller interest rate hikes as efforts to cool the economy ripple through sectors.
Top French university bans students from using ChatGPT
A top French university on Friday forbade students from using artificial intelligence chatbot ChatGPT to complete assignments, in the first such ban at a college in the country.
US on edge over video of fatal police beating
The southern US city of Memphis braced itself for unrest Friday as authorities prepared to release a video depicting the fatal assault of a Black man by five police officers who, the victim's mother said, "beat him to a pulp."
Key US inflation gauge slows in December on easing goods and energy costs
A key indicator of US inflation eased again in December, according to government data released Friday, opening the door to smaller interest rate hikes as efforts to cool the economy ripple through sectors.
Global markets extend rally on hopes US will avoid recession
World stock markets rose further Friday on hopes that the US economy could avoid recession after growing by more than expected in the fourth quarter of last year.
Spain posts strong growth for 2022 despite inflation
Spain's economy grew faster than expected in 2022 as strong domestic consumption and a surge in investement offset worries over high inflation, officials figures showed Friday.
IMF announces visit to crisis-hit Pakistan
The IMF will send a team to Pakistan next week to discuss reviving a desperately needed bailout programme, with a foreign exchange crisis bringing imports almost to a standstill.
H&M in the red after Russia exit, soaring costs
H&M reported Friday a big drop in profits in 2022, with a surprise loss in the fourth quarter as the Swedish fashion retailer exited Russia and faced soaring production costs.
Fraud claims wipe $45 bn off India's Adani group stocks
Shares in the business empire of Asia's richest man Gautam Adani nosedived Friday, extending this week's losses to $45 billion, days after a US investment firm claimed it had committed "brazen" corporate fraud.
Confectionery firm turns vegan to avoid Brexit checks
Following Brexit, confectioner Pecan Deluxe Candy soon discovered that British operations were plagued by costly new red tape on exports of animal-derived products. Its solution? Go vegan.
Regret takes hold in Brexit bastion
Grays, a town near London, voted overwhelmingly in favour of Brexit. But three years after severing ties with the EU, some are feeling remorse as the country lurches from one crisis to another.
Shares in India's Adani plunge 15% after fraud claims
Trading in the business empire of Asia's richest man Gautam Adani was halted Friday following a 15 percent plunge in its share price, days after a US investment firm claimed it had committed "brazen" corporate fraud.
Shares in India's Adani fall again after fraud claims
Shares in the business empire of Asia's richest man Gautam Adani sank again Friday after the conglomerate slammed a US investment firm that claimed it had committed "brazen" corporate fraud.
Peru says army, police to clear protester roadblocks
The Peruvian government said Thursday that police and soldiers would soon move to dismantle roadblocks on the nation's highways erected by protesters who have demanded for weeks the resignation of President Dina Boluarte.
EU dangles visa threat over nations refusing to take back migrants
EU interior ministers reached "consensus" Thursday to warn outside countries refusing to take back irregular migrants they risked tighter visa restrictions to Europe, Sweden's migration minister said.
Joy as Salvador families recover homes from gang control
For two painful decades, going home was not an option for Ana Vilma Cuellar. But at long last, the 62-year-old has recovered her house in La Campanera, a neighborhood on the outskirts of San Salvador that had been completely taken over by armed gangs.
Luxury giant LVMH sales, profit hit new highs
The world's top luxury group LVMH said Thursday that its sales and net profit both hit new heights last year, driven by strong demand in Europe, the United States and Japan.
American Airlines bullish on demand as Southwest reports loss
American Airlines offered a confident outlook on 2023 travel demand Thursday after reporting record quarterly revenues, while Southwest Airlines continued to suffer the effects of recent operational problems.
French luxury group LVMH posts record sales, net profit for 2022
The world's top luxury group LVMH said Thursday that its sales and net profit both hit new heights last year, driven by strong demand in Europe and the United States.
Rich EU consumers 'outsource' environmental impact to poorer neighbours
Consumption patterns in wealthy European Union countries are having detrimental environmental impacts in poorer EU nations, a study Thursday found, exposing harmful inequalities on the continent.
New US home sales fall in 2022 on higher mortgage rates
Sales of new US homes exceeded expectations in December but slumped for all of 2022, according to government data released Thursday, as higher mortgage rates weighed on potential buyers.
Bond actress Eva Green enters High Court battle over unmade film
A lengthy legal dispute over a never-made film starring French actress Eva Green reached London's High Court on Thursday.
US growth slows in 2022 as downturn fears loom
The US economy grew at a slower pace in 2022, the Commerce Department said Thursday, as activity eased in the final months of the year and recession fears loomed.
Cyprus workers strike over stalled cost-of-living talks
A general strike Thursday paralysed Cyprus for three hours, affecting schools, hospitals, government services and the private sector, as labour unions demand wages be adjusted to decades-high inflation rates.
Israeli president urges EU to up fight against anti-Semitism
Israel's President Isaac Herzog on Wednesday urged Europe to fight anti-Semitism "at all costs", in the face of a worrying increase in hatred being spread notably online.
Markets mostly rise before key US GDP data
European stock markets chased Asia higher Thursday before key US data that could shed light on the Federal Reserve's outlook for interest rates.
Toyota to replace Akio Toyoda as president and CEO
Toyota named Koji Sato president and CEO on Thursday, in a surprise reshuffle that sees third-generation chief executive Akio Toyoda step aside to become board chairman of the world's top-selling automaker.
Hong Kong reopens to lead Asian rally
Most Asian markets rose Thursday as the majority returned from the Lunar New Year break on an optimistic note, with inflation slowing and central banks hinting at a lighter approach to tackling prices.
UK cost-of-living crisis pushes mothers to the brink
At an east London church on a bitterly cold winter's day, Beautine Wester-Okiya picks her way through boxes of donated baby clothes, toys and other assorted items destined for local people battered by the UK's cost-of-living crisis.