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Stock markets wavered on Friday as a solid US jobs report raised expectations of an aggressive US interest rate hike to tame runaway inflation.
Stock markets rose on Friday following a healthy US jobs report while oil prices steadied as US allies mulled new measures to calm the crude market.
Marta Ortega on Friday took the reins of Zara-owner Inditex, the group founded by her father, and faces an immediate challenge after the fashion giant temporarily closed shops in Russia, its second biggest market.
The US labor market has almost recovered from the mass joblessness caused by the pandemic, adding hundreds of thousands of positions last month and sending the unemployment rate nearly to where it was before Covid-19 broke out nationwide.
Anger is boiling over in Sri Lanka at the country's worst economic crisis since independence in 1948, much of it directed at the island nation's all-powerful Rajapaksa family.
In the snowy Arctic darkness Suvi Kustula throws bundles of lichen to her excitable herd of reindeer, their antlers lit up by her van's headlights.
In a Sri Lankan beach guesthouse blacked out by a power cut, the owner's son illuminates a printed Wifi password with his phone for two European backpackers. A moment later the trio grasp the gesture's futility.
China's factory output slumped to its lowest in two years in March, independent data showed Friday, as the country battles its worst Covid-19 outbreak since the start of the pandemic.
Security forces were deployed across the Sri Lankan capital on Friday after protesters tried to storm the president's home in anger at the nation's worst economic crisis since independence.
Amazon narrowly led in an effort to prevent unionization in Alabama, according to preliminary results Thursday, but the e-commerce behemoth trailed in a partial tally in a parallel election in New York.
The EU holds a virtual summit with China on Friday amid increasing alarm over Beijing's growing proximity with Moscow and its reluctance to condemn Russia's invasion of Ukraine.
Confidence weakened among Japan's major manufacturers for the first time in nearly two years, a key business survey showed Friday, as concern grows over the impact of the Ukraine crisis.
As the first quarter of 2022 winds down, the IPO parade is ending with a whimper -- there were no initial public offerings this week and just one last week.
A protest by hundreds of people trying to storm the home of Sri Lankan President Gotabaya Rajapaksa turned violent Thursday, with at least one man critically wounded, as residents slammed the government's handling of the country's crippling economic crisis.
International donors have pledged $2.44 billion in humanitarian aid for Afghanistan, the United Nations said on Thursday, falling short of its target to provide emergency relief.
Police fired tear gas and water cannon at hundreds of protesters trying to storm the home of Sri Lankan President Gotabaya Rajapaksa in the capital Thursday, demanding his resignation as the South Asian nation's economic crisis worsened.
The United States is not looking for a new deal in its negotiations with China over trading practices but rather to address practices by Beijing that it finds objectionable, Washington's trade chief said Thursday.
Oil prices tumbled on Thursday as the US announced it would release a record amount of oil from its stockpiles to fight soaring prices over supply fears sparked by the Ukraine war.
President Vladimir Putin on Thursday warned "unfriendly" countries, including all EU members, that they would be cut off from Russian gas unless they opened an account in rubles to pay for deliveries.
President Joe Biden plans to announce a potentially record release of oil from US strategic stockpiles to counter elevated gasoline prices in the wake of Russia's invasion of Ukraine, US media reported Thursday.
US consumers spent less and saved more in February amid rising prices for a range of goods, even as their incomes continued to increase, government data showed Thursday.
Dubai will bid farewell to its extravagant Expo 2020 world fair on Thursday, leaving a multi-billion dollar mini-city in the desert and heightened expectations for future hosts.
Diesel was no longer on sale across Sri Lanka on Thursday, crippling transport as the crisis-hit country's 22 million people endure record-long power blackouts.
Britain's foreign secretary was in India Thursday to press for tougher action on Russia's invasion of Ukraine, ahead of a visit by Moscow's top diplomat likely aimed at urging Delhi to do the opposite.
The sky and seas off Sri Lanka's coast are crystal blue but a worsening economic crisis has kept fishermen moored at Negombo harbour, out of gas and unable to reel in the day's catch.
Thousands of lives could be saved as Japan begins to actively promote the HPV vaccine -- which can prevent cervical cancer -- after a decade of misinformation and weak policy left inoculation rates dismally low, advocates say.
Exhausted and afraid, Venezuelan Soreimi Moran breathes in deeply and fights back tears.
Rather than pressuring China to change its "unfair" trade practices, US Trade Representative (USTR) Katherine Tai said Wednesday the economy would better served by policies to encourage domestic manufacturing.
CVS Health will pay $484 million to the state of Florida to settle opioid claims, the parties announced Wednesday, in the pharmacy chain's first settlement with a US state.
A concert of near-mythical proportions -- Prince at the peak of his powers in Syracuse during the 1985 Purple Rain tour -- is getting an official release on June 3, the late singer's label said Wednesday.
Sri Lanka announced nationwide 13-hour daily power cuts from Thursday and more hospitals suspended routine surgeries after running out of life-saving medicines, as the cash-strapped island's economic crisis deepened.
The UK government said Wednesday it wants a minimum European wage for maritime workers, after P&O Ferries sacked almost 800 seafarers to replace them with cheaper agency workers.
World stock markets lost ground Wednesday after strong gains the previous session, as Russia downplayed hopes of a breakthrough in peace talks with Ukraine and Germany's growth outlook darkened.
The EU on Wednesday announced proposals to crack down on "fast fashion" by making clothing easier to repair and more durable as part of a push to bolster environmental standards.
Sri Lanka on Wednesday began imposing record nationwide 10-hour daily power cuts as more hospitals announced the suspension of routine surgeries in response to severe shortages of fuel and life-saving medicines.
Marta Ortega, whose father founded Zara-owner Inditex, will become the world's most powerful woman in the ready-to-wear sector when she takes the reins of the company on Friday.
Spanish inflation has surged to a near 37-year high due to soaring energy prices following Russia's invasion of Ukraine, official data showed Wednesday, adding pressure on the government.
Most stocks rose again Wednesday as investors gave a cautious welcome to Russia's pledge to "radically" wind down military activity around two cities including Kyiv, lifting hopes for a ceasefire in the month-long Ukraine war.
Sri Lanka on Wednesday began imposing record nationwide 10-hour daily power cuts as it ran out of hydro-electricity on top of a severe shortage of fuel.