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Stocks drop as Warsh fans US rate hike bets, crude up on US-Iran strikes

Asian stocks fell Monday as hawkish comments from Federal Reserve boss Kevin Warsh saw investors ramp up bets on a US interest rate hike, while oil prices spiked after a fresh flare-up in the US-Iran war.

Nepal buries dead as rescuers seek thousands missing

Nepal was burying on Monday some of the hundreds of bodies retrieved after a deadly, tsunami-like flood crashed through the Himalayan region, sweeping away villages and leaving thousands still missing.

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Musk and experts call for halt in 'giant AI experiments'

Billionaire mogul Elon Musk and a range of experts called on Wednesday for a pause in the development of powerful artificial intelligence (AI) systems to allow time to make sure they are safe.

Alibaba's overhaul: a 'smart' move after China crackdown

Alibaba, China's biggest e-commerce company, has announced plans to split its business into six groups, in one of the most significant overhauls of a leading Chinese tech firm to date.

Germany to open its doors as labour shortage bites

An apprenticeship at a steelmaker brought Steven Maillot from the French island of Reunion in the Indian Ocean to Eisenhuettenstadt in Germany, a stone's throw from the Polish border.

Hong Kong art market hits pre-pandemic highs despite curbs

As thousands of visitors streamed through a Hong Kong exhibition hall and deals were struck for works by Picasso and Yayoi Kusama, art collectors celebrated the Asian financial hub's return to its bustling heyday.

UBS brings back Ermotti as CEO to lead Credit Suisse takeover

UBS announced Wednesday it was bringing back former CEO Sergio Ermotti to lead the Swiss banking giant's controversial acquisition of troubled rival Credit Suisse.

Sergio Ermotti back as UBS chief for Credit Suisse takeover

Sergio Ermotti will return as CEO of Swiss banking giant UBS to pilot the controversial acquisition of troubled rival Credit Suisse, its board announced Wednesday.

Senegal's gold rush brings hope and despair

Mohamed Bayoh climbed into the deep, pitch-black hole, hoping to emerge with a nugget that would change his life.

'Just unimaginable': Nashville residents reel from school shooting

Robin Wolfenden was practicing yoga on her balcony on a spring morning in Nashville when she heard the sirens -- the sound of first responders rushing to the scene of America's latest school shooting.

Car battery recycling market gears up for future boom

Researcher Anna Vanderbruggen peers into a vat of dark bubbling liquid, the result of a process she has developed to recover graphite from old lithium-ion batteries.

Hong Kong leads Asian markets higher on Alibaba boost

Asian stocks were broadly up on Wednesday to buck losses on Wall Street, led by massive gains for Chinese tech behemoth Alibaba after it announced it would split into six business groups.

'Historic': Europe rights court hears climate cases against governments

The European Court of Human Rights will hear cases against France and Switzerland over alleged failings to protect the environment Wednesday, the first time governments are in the court's dock for alleged climate change inaction.

Vietnam's robusta: the go-to coffee bean in a warmer world?

Bitter and earthy. Fit for instant brews only. Robusta coffee has a dire reputation, but a small group of farmers in Vietnam is trying to turn the bean's fortunes around as a warming world threatens the industry.

T-Rex skeleton on show in Zurich before auction

Yolanda Schicker-Siber gingerly fastens a pointy claw bone with a thin metal wire, putting the finishing touches on a giant Tyrannosaurus-Rex skeleton before a rare auction in Switzerland next month.

'We're not dogs': migrant anger boils after Mexico tragedy

Searching desperately for his brother after a fire killed dozens at a Mexican immigrant detention center, Abel Maldonado pleaded with authorities to stop treating migrants like animals.

Canada budget doles out incentives for clean economy

Canada unveiled a budget on Tuesday that aims to make it a clean energy "superpower" and secure a leading place in global supply chains for critical minerals and electric vehicles.

Biden kicks off campaign touting US economy

President Joe Biden launched a new drive Tuesday to promote a major theme of his expected reelection campaign, touting what he said was a resurgence of US manufacturing -- and warning Republicans could tank the economy.

Israeli parties open talks on justice reforms

Israel's far-right government and opposition parties began talks Tuesday on controversial judiciary reforms that sparked a general strike and mass protests, in the country's most severe domestic crisis in years.

'Close to home': Nashville residents reel from school shooting

Israeli parties to open talks on justice reforms

Israel's far-right government and opposition parties were set to open talks Tuesday evening on controversial judiciary reforms that sparked a general strike and mass protests, the presidency said.

Stocks mixed as bank fears recede

Global stock markets fluctuated on Tuesday as fears of a banking crisis ebbed after weeks of turmoil.

French writer Houellebecq loses bid to ban Dutch porn film

A Dutch court on Tuesday rejected a bid by France's literary enfant terrible Michel Houellebecq to ban a sexually explicit film featuring the star writer.

New show of anger as French protest Macron pension reforms

Protesters took to the streets in France on Tuesday in a new show of anger against President Emmanuel Macron's pension reform, with a record number of police deployed after previous demonstrations descended into violence.

French authorities raid banks in massive tax fraud case

French authorities raided five banks on Tuesday as part of an investigation into suspected cases of massive tax fraud and money laundering, prosecutors said.

Alibaba to split into 6 groups, separate IPOs expected

Alibaba announced Tuesday that it would split into six business groups in one of the most significant overhauls of a leading Chinese tech firm to date.

Stocks mostly rise as crisis fears ease further

Asian and European stock markets mostly rose Tuesday, as fears of a banking crisis eased further.

Caution in crisis-hit Israel after PM pauses reform

Caution prevailed in Israel Tuesday after Prime Minister Benjamin Netanyahu vowed to pause controversial judicial reforms which sparked a general strike and mass protests, with the crisis far from over.

France faces new strike turmoil as Macron remains defiant

France faced another day of strikes and protests on Tuesday with a record number of police deployed as President Emmanuel Macron remained defiant over a pensions reform that is sparking turmoil in the country.

Benin star Angelique Kidjo wins top music prize

Benin singer Angelique Kidjo won one of Europe's top music prizes Tuesday along with Britain's Chris Blackwell, founder of Island Records, and Estonian composer Arvo Part.

Asian, European markets rise as banking crisis fears ease

Most Asian markets traded higher on Tuesday after global shares rebounded, with fears of a banking crisis easing thanks to the sale of fallen lender Silicon Valley Bank.

Egyptians cling to Ramadan charity as inflation soars

In a time of dire economic trouble, Egyptians are holding fast to the Ramadan tradition of charity, with both donors and those in need pinning hopes on holiday generosity.

France braces for new strike turmoil as Macron defiant

France Tuesday braced for another day of strikes and protests with President Emmanuel Macron remaining defiant over the controversial pensions reform that has sparked turmoil in the country.

'Don't blame women': Japan birth drive sparks online debate

Japan's government has made tackling its falling birth rate a top priority, but with few women involved in official debate on the issue, some are making themselves heard on social media.

Portugal Colonial - Economy (English)