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Search for missing after Nepal-Tibet floods kill 165

Rescue teams rushed Thursday to find hundreds of people missing on the Nepal-Tibet border in flash floods and landslides that killed at least 165 and swept away entire villages.

Qantas says profits slump as fuel costs surge

Australian airline Qantas said Thursday it expects fuel costs to stay high, after the Middle East war pushed up prices and led to a slump in annual net profits.

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EU eyes call for 'corridors and pauses' for Gaza aid

EU leaders on Thursday debated calling for "pauses" in Israel's war with Hamas to get aid into Gaza, as the bloc weighed how to respond to the conflict as fighting rages in Ukraine.

US economy grows at fastest rate in nearly two years

The US economy heated up in the third quarter, government data showed on Thursday, as a resilient job market helped boost consumer spending, holding off the prospect of a recession.

ECB holds interest rates for first time in over a year

The European Central Bank left interest rates unchanged at its meeting on Thursday, bringing an end to a series of hikes that started in July last year.

Man Utd report record Premier League revenues

Manchester United on Thursday reported a Premier League record revenue figure of £648.4 million ($784 million) for the year ending June 30.

Turkey lifts key rate for 5th month in inflation battle

Turkey's central bank sharply lifted its policy rate for the fifth month running on Thursday as part of its politically charged battle against historically high inflation rates.

'New dangers and fears': Sunak outlines AI risks ahead of summit

UK Prime Minister Rishi Sunak said Thursday that governments must be "honest" about the risks posed by artificial intelligence, as he prepares to host a global summit on the issue in Britain next week.

'The war room': Israeli tech workers band together in hostage search

It looks like any other scrappy Tel Aviv tech start-up, with staff in hip clothing huddled around laptops and downing espressos, but they are the volunteers in a "war room" assembled to help Israel bring home the hostages.

'Our lives stopped': Relatives plead for Israel hostages

Moran Betzer Tayar, wracked by anguish about the kidnapping of her nephew and his wife by Hamas fighters on October 7, summed up her feelings during a press conference: "On Saturday morning, our lives stopped."

EU eyes call for 'humanitarian corridors and pauses' in Gaza

EU leaders will on Thursday debate calling for humanitarian "pauses" in Israel's war with Hamas, as the bloc weighs how to respond to another conflict as fighting rages in Ukraine.

South Korean academic acquitted of defaming 'comfort women'

A South Korean professor who challenged the consensus view of Japan's wartime sex slaves was acquitted of defaming the victims on Thursday, overturning an earlier verdict.

Mercedes profits fall due to lower sales

German carmaker Mercedes-Benz said Thursday that its profits fell in the third quarter due to a drop in vehicle deliveries amid shortages of some parts.

Migrants find final resting spot on Spain's Canary islands

At the cemetery in the town of Aguimes, on the Spanish island of Gran Canaria, plaques marked the burial vaults holding the remains of 15 migrants found dead on board a boat.

Stellantis to buy stake in Chinese EV start-up Leapmotor

Global carmaker Stellantis said Thursday it will buy a 20 percent stake in Chinese electric car maker Leapmotor, making it the latest European brand seeking a foothold in the country's highly competitive market via partnerships with local manufacturers.

ECB set to pause rate hikes as eurozone feels pinch

European Central Bank policymakers are widely expected to leave interest rates unchanged when they meet in Athens on Thursday, as their previous policy moves seemed to be biting.

US auto workers union reaches preliminary deal with Ford

The US auto workers union reached a tentative agreement with Ford late Wednesday, a breakthrough in a 41-day stoppage on Detroit's "Big Three" car manufacturers.

A year after Musk's Twitter takeover, X remains mired in turmoil

A year ago Elon Musk purchased X, formerly known as Twitter, taking the platform on a journey that has resulted in lost money, advertisers and trust.

Elon Musk teases audio and video calls at X

X is tinkering with video and audio calling at the platform formerly known as Twitter, according to a post Wednesday by owner Elon Musk.

Meta quarterly profit more than doubles

Meta on Wednesday reported that its quarterly profit more than doubled from last year's figure to $11.6 billion as ad revenue climbed.

Global stocks mixed as China stimulus lifts Asia

Global stock markets closed mixed on Wednesday as Wall Street tumbled while Europe made small gains -- and Asia rallied on China's plans to boost infrastructure spending.

S.African miners return to surface after underground dispute

More than 500 miners who stayed underground for almost three days in a standoff between rival South African labour unions were all brought back to the surface on Wednesday, police said.

Global stocks hold line as China stimulus lifts Asia

Global stock markets held the line Wednesday as Wall Street and Europe made small gains, while Asia rallied after China unveiled plans for $137 billion (129 billion euro) in extra debt to boost infrastructure spending.

UK police officers fired over black athletes' stop and search

Two London police officers were fired Wednesday after a disciplinary hearing found them guilty of gross misconduct during the stop and search of two black professional sprinters, in the latest scandal to hit Britain's biggest force.

US new home sales hit highest rate in over a year

Sales of new US homes picked up more than anticipated in September, government data showed Wednesday, with the tight supply of real estate pushing more buyers into the market for new properties.

Boeing cuts 2023 forecast for 737 deliveries as it reports loss

Boeing reported another hefty loss Wednesday as it trimmed its full-year forecast for deliveries of the 737 to address a manufacturing problem on the aircraft.

Heineken warns of slowdown in consumer demand

Dutch brewing giant Heineken said Wednesday that it sold less beer in the third quarter, noting that higher prices and the poor economic outlook was affecting consumer demand.

Europe stocks drop but China stimulus lifts Asia

Europe's main stock markets slid in subdued trade Wednesday, but Asia rallied after China unveiled plans for $137 billion in extra debt to boost infrastructure spending.

Kenya's central bank chief says currency overvalued

Kenya's central bank chief has said that the country's currency, currently trading at record lows, has been overvalued for several years.

Some S.African miners return to surface after underground dispute

Some of the miners who stayed underground for more than two days in a standoff between rival South African labour unions began returning to the surface Wednesday, their representatives said.

Santander racks up another record quarter

Spanish lender Banco Santander announced Wednesday another record quarterly profit thanks to high interest rates and a growing customer base.

Japan auto show returns, playing catchup on EVs

Tokyo's rebranded auto show returns this weekend just as China looks set to overtake Japan as the world's biggest car exporter after Toyota, Nissan and others got stuck in the electric vehicle slow lane.

Stocks lifted by China spending plan, oil down on Israel hope

Most markets rose Wednesday after China unveiled plans for $137 billion in extra debt to boost infrastructure spending, while oil extended losses on hopes Israel will scale back its plans for a Gaza ground invasion.

Sydney to review plaques on colonial statues

Australia's oldest city, Sydney, is reviewing statues of its colonial figureheads after an Indigenous leader raised concerns about "offensive" plaques ignoring historical atrocities.

Portugal Colonial - Economy (English)