EU, resolving a deadlock, in deal to cut most Russia oil imports
European Union leaders agreed in principle on Monday to cut 90% of oil imports from Russia by the end of this year, resolving a deadlock with Hungary over the bloc's toughest sanction yet on Moscow since the invasion of Ukraine three months ago.
How Portugal became Europe's accidental 'Bitcoin heaven'
Portugal has long sought foreign cash by giving tax breaks and special visas to foreign investors and so-called digital nomads
Sri Lankan tea pickers' dreams shattered by economic crisis
The COVID-19 pandemic severed the tourism lifeline of the Indian Ocean nation, already short of revenue in the wake of steep tax cuts by the government.
Student debt affects cardiovascular health in early middle age: study
People who do not repay student loan or take on new ones between young adulthood and early middle age are at a higher risk of developing cardiovascular illnesses, according to a study published in the American Journal of Preventive Medicine.
May Day holiday marred by clashes in Turkey, France
May 1 is a public holiday in many countries and Sunday saw events on every continent.
White House seeks $500 million for farmers to grow more wheat, pay for market loans
USDA estimates it will help U.S. farmers replace up to 50% of the wheat typically exported by Ukraine onto the global market
Tesla loses $126 billion in value amid Musk Twitter deal funding concern
Twitter's shares also slid on Tuesday, falling 3.9% to close at $49.68 even though Musk agreed to buy it on Monday for $54.20 per share in cash.
Temporary aid can offset inflation hit to families: IMF official
Governments can alleviate impact of the price jumps with "targeted measures to try to support vulnerable populations"
Chelsea owner Roman Abramovich forced to seek emergency loan from wealthy friends
Abramovich has recently been involved in peace talks between Russia and Ukraine in Turkey
Credit Suisse reveals over $900 million exposure to Russia
Credit Suisse's top domestic rival UBS announced earlier this week that its exposure to Russia totalled $200 million
Abramovich to sell Chelsea with 'net proceeds' going to Ukraine war victims
Chelsea have won 19 major trophies in the Abramovich era, including their first two Champions League crowns and five Premier League titles.
New York subpoenas Trump, children in fraud probe
The Trump Organization is under investigation by the Manhattan district attorney for possible financial crimes and insurance fraud.
UK businesses given £1.0 billion support as Omicron bites
Across the country, all sectors of British industry have been hit as staff contract the virus and are forced to self-isolate at home.
Leaked papers show Prince Andrew requested £200,000 from tax haven tycoons to fix up Queen's chapel
The Royal Chapel of All Saints stands on the grounds of his stately home Royal Lodge in Windsor Great Park.
Mum, 48, steals 22-year-old daughter's identity to secure loans, date young men
The mother embezzled money and dated university students in the two years that she used her estranged daughter's identity.
'Eternal' chancellor: Germany's Merkel to hand over power
Although her name has come up on wish lists for key EU or United Nations posts, Merkel has said she will leave politics altogether.
Climate justice: Rich nations dodge finance pledge
One of the biggest challenges facing climate negotiations is a deficit of trust among parties, and climate finance may be the most fraught issue on the table.
IMF chief denies altering World Bank report to appease China
Amid the pressure from upper management, staff changed some of the input data, which boosted China's ranking in 2018 by seven places to 78
Meghan Markle's engagement dress designers used company funds for holidays, exotic lingerie until it went under
Tamara Ralph from Ralph & Russo is being sued for £20.8 million in damages, but she has denied any wrongdoing.
Indian economy contracted by record 7.3% in 2020-21
India's economy was in the throes of a prolonged slowdown even before Covid-19 struck, but the pandemic untraveled years of gains.
Trump faces New York state criminal probe, upping indictment threat
In April, the Trump Organization bolstered its legal team, hiring veteran criminal defense attorney Ronald Fischetti, 84.
Ex-UK leader Cameron says he acted 'in public good' in Greensill lobbying
Cameron, in power from 2010 to 2016, has faced a series of damaging claims he improperly and excessively lobbied former government colleagues to support Greensill.
Canada to spend big to 'punch way out of Covid recession'
So far, about 9.2 million Canadians, or just over 24 percent of the population, have received at least one vaccine dose.
With China's help, Serbia overtakes EU in vaccine rollout
When registering for an appointment, Serbs can tick off their vaccine of choice -- the Pfizer/BioNtech, Sputnik V and Sinopharm jabs are currently on the menu.
ECB meets as virus woes weigh on eurozone
Analysts say inflation could bound higher later this year, powered by pent-up consumer demand once lockdowns start easing, particularly in travel and dining out.
Virus-hit Italy faces political crisis over EU recovery plan
Renzi, who was in power from 2014 to 2016, has been criticising the government for weeks over its handling of the pandemic and other issues, culminating in the row over the EU spending plan.
Amazon slated to spend $2 billion on affordable housing for employees
Around 2,000 Amazon employees will benefit from the $2 billion Housing Equity Fund that the company is providing.
China begins anti-monopoly probe into tech giant Alibaba
China's market regulator in November issued draft antitrust guidelines for internet platform economies that highlighted examples of anti-competitive behaviour.
US lawmakers reach deal on $900 bn stimulus package
The Fed has estimated that the jobless rate will end the year at 6.7 percent before dipping to 5 percent next year.
Trump calls off stimulus talks, Fed says recovery faster with aid
Data shows more than 800,000 people filing new claims for jobless benefits each week.