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India hails 'historic' hypersonic missile test flight

Nuclear-armed India has tested its first hypersonic missile, the defence minister said Sunday, publicising the super-fast high-tech weapon days after rival China showcased its latest military aviation powers.

Debt-saddled Laos struggles to tame rampant inflation

Suffocating under a mountain of debt to China, communist Laos is struggling to tame rampant inflation, with food prices rising so sharply that a growing number of households are resorting to foraging.

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New York, cartoonist Sempe's spiritual home

Over the course of his storied career, Jean-Jacques Sempe became a fixture on the newsstands of New York, illustrating more than 100 covers of the prestigious New Yorker magazine.

London bus drivers latest UK workers to strike over pay

Bus drivers in London are set to strike over pay for two days this weekend, their union announced on Wednesday, as decades-high inflation prompts walkouts across Britain's ailing economy.

UK port strike threatens to deepen supply chain and price woes

A strike over pay at Britain's largest container port threatens to spark fresh delays and rising costs for companies and consumers alike, but logistics experts say there should be no product shortages.

Markets mark time ahead to US Fed chair speech

European and US equities moved sideways on Wednesday as investors awaited signals on the next US interest rate hikes.

Steep drop in military aircraft keep US goods orders flat in June

Orders for big-ticket US-manufactured goods were flat in July after four straight monthly increases due to a plunge in the volatile military aircraft category, according to government data released Wednesday.

Global stocks fall as investors eye US Fed outlook

Asian and European equities fell Wednesday as investors awaited news on the next US interest rate hikes.

European hospitals test drones to speed delivery of human tissue

Belgian hospitals have begun testing a drone to save time delivering human tissue samples across city centres, between patients on the operating table and medical labs, a first in Europe.

Japan eyes nuclear power push to combat energy crunch

Japan's prime minister on Wednesday called for a push to revive the country's nuclear power industry in a bid to tackle soaring imported energy costs linked to the war in Ukraine.

Sri Lanka widens import ban as economic crisis persists

Sri Lanka tightened import restrictions Wednesday with a ban on more than 300 additional items, as an economic crisis that has created months of shortages and toppled a president refuses to abate.

Whistle blows in Germany for world's first hydrogen train fleet

Germany on Wednesday will inaugurate a railway line powered entirely by hydrogen, a "world first" and a major step forward for green train transport despite nagging supply challenges.

Cost of living crisis dominates UK leadership campaign

With double-digit inflation and an economy teetering on the brink of recession, the cost-of-living crisis has dominated the race for Downing Street.

Asian markets drop as investors eye US Fed outlook

Asian markets were down on Wednesday after falls in global stocks as the euro plunged against the dollar and traders await news on the next US interest rate hikes.

TikTok stars boycott Amazon in activism push

TikTok influencers boasting collectively more than 51 million followers say they won't work with Amazon until the e-commerce colossus delivers key concessions to workers and halts anti-union efforts.

Murdoch sues small Australian news outlet for defamation

Fox News boss Lachlan Murdoch has launched legal proceedings against Australian media outlet Crikey, accusing the site of defaming him in an opinion piece about the January 6 US Capitol riots.

US says Ukraine grain exports near pre-war levels

Ukraine is on course to ship nearly as much grain this month as it did before the Russian invasion, in a triumph for international efforts to ease food shortages, a US official said Tuesday.

Putin betting Europe blinks, top EU diplomat warns

Russia's President Vladimir Putin is betting the united EU response to his invasion of Ukraine will fracture as soaring prices hit European voters' wallets, Brussels' foreign policy chief warned Tuesday.

US new home sales fall to six-year low

US new home sales fell sharply in July to their lowest rate since early 2016, the government reported Tuesday, as rising lending rates cool demand.

US warns of Russian strikes on Ukraine government targets

Washington warned on Tuesday that Russia could attack Ukrainian government facilities in the coming days as Moscow said it would show "no mercy" over an assassination it has blamed on Ukraine.

Lamborghini has already sold all its cars until 2024

Italian sports car maker Lamborghini has already pre-sold the entire production run to early 2024, its boss told AFP on Tuesday, with luxury goods seemingly unaffected by global economic uncertainty.

Euro strikes fresh 20-year low as eurozone economy shrinks again

The euro dived Tuesday to a new two-decade dollar low and equities wavered, as data highlighted the shrinking eurozone economy and the worsening energy crunch.

'Game of Thrones' prequel becomes HBO's best launch

Nearly 10 million viewers in the United States watched the eagerly-awaited first episode of "House of the Dragon" -- the first spin-off to "Game of Thrones", making it HBO's most successful series launch, WarnerMedia said.

Ivory Coast's 'Pearl of Lagoons' loses its lustre

It was once a jewel of West Africa -- the "Pearl of Lagoons," people liked to call it.

Asian markets track Wall St plunge on growing rate fears

Asian markets fell again Tuesday and the dollar held gains as traders grow increasingly worried that the Federal Reserve will continue to ramp up interest rates to fight inflation.

Gaza women seek outdoors escape on summer nights

From card games to horse rides, women in Gaza are spending their summer nights outdoors to seek solace from daily hardships in the Palestinian enclave.

Court denies Ben & Jerry's effort to prevent sales in Israeli settlements

Ben & Jerry's lost its bid Monday to block its parent company Unilever from selling its ice cream in West Bank settlements, which the US firm said would run counter to its values.

Ford confirms cutting 3,000 jobs as it pushes towards electric

US auto giant Ford confirmed Monday it is eliminating around 3,000 jobs, mainly in North America and India, as the company pushes to accelerate its transition to electric vehicles.

Ford confirms cutting 3,000 jobs as it pushes toawrds electric

US auto giant Ford confirmed Monday it is eliminating around 3,000 jobs, mainly in North America and India, as the company pushes to accelerate its transition to electric vehicles.

British cinema chain mulls US bankruptcy filing

British-based cinema chain Cineworld confirmed Monday that a US bankruptcy filing is among options for the debt-laden group, which has been slammed by dwindling audience numbers.

Dog's life in Cyprus as man's best friend dumped

Dog shelters in Cyprus are overflowing in what some volunteers are calling a crisis caused by the abandonment of canines adopted during Covid as well as complications arising from Brexit.

UK dock workers' union threatens further strikes

A trade union on Monday warned of more strikes at the UK's largest container port if pay demands are not met, threatening to cause further disruptions to the supply chain.

LGBTQ Singaporeans welcome sex law repeal, decry marriage exclusion

Singapore's LGBTQ community on Monday welcomed the government's plan to decriminalise gay sex but warned that upholding the traditional definition of marriage would only promote further inequality.

Most markets down as traders eye key Powell speech

Markets were broadly lower Monday as the rally from June's lows runs out of steam owing to renewed concerns about Federal Reserve plans to ramp up interest rates to combat runaway inflation.

China central bank cuts lending rates to boost economy

China's central bank on Monday cut benchmark loan rates in an attempt to boost an economy battered by the government's strict zero-Covid policy and a slump in the property market.

Europe huddles down for a winter without Russian gas

Woolly socks and thermostats turned down a notch: Europeans are preparing for a difficult winter without gas supplies from Russia, part of the fallout from the war in Ukraine.

Royal rebel elevated to 'saint': Diana 25 years after death

From her engagement to Prince Charles as a shy teenager to her roles as doting mother, humanitarian and global celebrity, Diana's turbulent 36-year life still captivates people around the world.

Markets looking for clarity but tuning out Fed message

US central bankers have been hammering home a single message: Interest rates will rise until inflation begins to come down. But financial markets keep hoping to hear a different tune, one indicating the pace of rate hikes will slow.

Anime 'Dragon Ball' roars to top of N.American box office

Computer-animated martial arts film "Dragon Ball Super: Super Hero," the 21st in the Japanese franchise, seized control of the North American box office this weekend with an estimated take of $20.1 million, industry watcher Exhibitor Relations reported Sunday.

J Lo and Ben Affleck hold lavish estate wedding

Celebrity couple Jennifer Lopez and Ben Affleck tied the knot Saturday -- for the second time in just over a month -- in a lavish ceremony at the "Good Will Hunting" star's estate, US media reported.

On track: Cairo metro employs Egypt's first women train drivers

As it prepares to expand to serve a population now exceeding 20 million, the Cairo metro has recruited Egypt's first female train drivers, a novelty in a country where few women have formal jobs.

The Fort Worth Press - Economy (English)