Showing 71 - 80 of 1,123
BP quarterly profit surges on high energy prices
AFP, Published on 01/11/2022
» LONDON - BP said Tuesday that underlying third-quarter profit more than doubled on high commodity prices after key energy producer Russia's invasion of Ukraine but logged a net loss on accounting charges.
US economy grows for first time this year in third quarter
AFP, Published on 28/10/2022
» WASHINGTON: The US economy rebounded in the third quarter, government data showed Thursday, in welcome news for President Joe Biden days before midterm elections, though analysts warn of a gloomier path ahead.
ECB warns of 'looming recession'
AFP, Published on 27/10/2022
» FRANKFURT: The European Central Bank announced another jumbo interest rate hike on Thursday and said further increases would follow to combat soaring inflation, even as its president, Christine Lagarde, warned a eurozone recession was looming.
Portuguese textiles become international player
AFP, Published on 25/10/2022
» VILA NOVA DE FAMALICAO, Portugal: Shaken in the last 20 years by competition from Asia, Portugal's textile industry has found its footing again and become a major player, supplying firms not just in Europe but also in the United States.
Stocks, pound up as Sunak poised to become new British PM
AFP, Published on 24/10/2022
» LONDON - Global stocks and the pound climbed on Monday as markets reacted to the news that former finance minister Rishi Sunak was to become Britain's new prime minister.
Hounded at home, China's video game firms welcomed in Europe
AFP, Published on 16/10/2022
» PARIS: China is investing billions in Europe's video game industry, but analysts have warned that there could be trouble along the road unless regulators start to take stricter notice.
Jeremy Hunt: softly-spoken survivor takes on hardest role
AFP, Published on 14/10/2022
» LONDON: Newly appointed UK finance minister Jeremy Hunt is a mild-mannered political survivor who will require all of his considerable experience to calm an economy and government beset by chaos.
English winemakers toast summer heatwaves
AFP, Published on 12/10/2022
» APPLEDORE (UNITED KINGDOM) - Under a blue sky, seasonal workers ran their secateurs along long rows of grapevines, harvesting a variety of pinot noir grown during the summer heatwave.
IMF cuts 2023 global growth, warns major economies to stall
AFP, Published on 11/10/2022
» Global growth is expected to slow further next year, the International Monetary Fund (IMF) said Tuesday, downgrading its forecasts as countries grapple with the fallout from Russia's invasion of Ukraine, spiralling cost-of-living and economic downturns.
Inflation puts squeeze on Spain's legendary lunch menu
AFP, Published on 06/10/2022
» MADRID: Dreamt up in the 1960s to attract tourists, Spain's three-course "menu del dia", or set lunch menu, has long been seen as the best deal in town.