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Black and cream and very Roman at Fendi haute couture show

Fendi presented its first haute couture show under designer Maria Grazia Chiuri Thursday, showing off a luxurious collection of black and cream looks -- and an homage to longtime couturier Karl Lagerfeld.

US existing home sales dip in June as cost worries persist

Sales of previously owned homes in the United States dropped in June, according to industry data released Thursday, as affordability worries continued to weigh on property buyers.

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Asian equities rally as volatility eases for now

Asian equities rose Tuesday as the volatility that has gripped markets since Russia invaded Ukraine eased slightly, though oil extended gains as the United States contemplates releasing some of its reserves to temper prices.

Disillusioned and 'betrayed' -- Brazilians flock abroad

Brazil's vibrant mix of business, beaches and carnival has long lured expats from around the world, but a reverse migration is also in effect, as each year thousands of citizens pack up and head for new pastures.

Toshiba CEO resigns ahead of vote on spin-off plan

Toshiba's CEO resigned on Tuesday, the Japanese conglomerate said, adding fresh uncertainty after already revising plans to split its businesses and just weeks before a key shareholder vote.

Russia shells Ukraine's Kharkiv as pressure on Moscow bites

Russia shelled the Ukrainian city of Kharkiv as it pressed on with its invasion Tuesday, defying mounting global pressure that saw a war crimes probe opened against Moscow, sanctions smash its economy and FIFA ban it from the World Cup.

Twitter, Facebook clamp down on Russia state-linked news

Social media giants Twitter and Facebook parent Meta moved Monday to curb the presence on their platforms of Russian state-linked news outlets, which stand accused of pushing misinformation about Moscow's invasion of Ukraine.

Oil soars, ruble dives on fallout from Russia sanctions

Oil prices surged Monday while the ruble collapsed and global stocks mostly retreated after world powers imposed new sanctions on Russia over its invasion of Ukraine.

EU sanctions Putin oligarchs, spokesman over Ukraine

The European Union on Monday added top Kremlin-linked oligarchs and Russian President Vladimir Putin's spokesman to its sanctions blacklist as part of its latest round of punishment over the Ukraine invasion.

Mexico's Pemex cuts annual loss as oil prices soar

Mexican state energy giant Pemex said on Monday that it had reduced its losses by more than half in 2021, to $10.9 billion, helped by a jump in global oil prices.

Russians worry for their savings as ruble tanks

When she saw the ruble go through the floor, Natalia Proshina made a beeline for the bank.

UK to freeze all Russian banks' assets, bars ships

The UK on Monday said it would freeze the assets of all Russian banks over the invasion of Ukraine, tightening the international economic stranglehold on Moscow over its "unjustified aggression".

Sberbank faces protests, cash withdrawals outside of Russia

From Budapest to Zagreb, Sberbank branches outside of Russia have seen worried customers line up to take out money, while others have become the target of protests after Moscow invaded Ukraine.

Ukraine, Russia talk as sanctions rain down on Moscow

Russia and Ukraine met Monday for their first talks since the outbreak of war last week, with Kyiv demanding an "immediate ceasefire" and the West ratcheting up its financial sanctions in a bid to force the Kremlin to buckle.

Oil soars, ruble and equities dive on Russia fallout

Oil and gas prices surged Monday, but the ruble collapsed and global stocks sank after world powers imposed new sanctions on Russia over its invasion of Ukraine.

Qatar hits out at Airbus as new jet grounded in paint dispute

Qatar Airways on Monday accused aviation giant Airbus of blocking efforts to settle their billion-dollar dispute over the safety of the A350 as it announced that another plane has been grounded with peeling paintwork.

Decaying Congo tin mining town finds new hope in lithium

Near the rusting carcass of a smelter, barefoot men and women scratch at the ground in the quest for cassiterite -- the tin oxide ore that generations ago gave the town of Manono a brief taste of the good life.

Toyota halts Japan plants after reported cyber attack

Japanese automaker Toyota said Monday it was halting operations at all its domestic plants for a day after a reported cyberattack on a parts supplier.

Paris Fashion Week returns to pre-pandemic form

Two years on from France's first pandemic lockdown, Paris Fashion Week is almost back in full stride, with the vast majority of houses returning to live shows.

Canadian TV giants pull Russia's RT network

Major Canadian TV providers have pulled Russian state television network RT from their output, they announced separately Sunday.

China puts 'aggressive' terms on Uganda airport loan: researchers

A top Chinese lender has imposed "aggressive" repayment terms on a $200 million loan to expand Uganda's international airport, US-based research lab AidData said Monday, criticising the bank for forcing the government to repay its debt before funding public services.

Oil and safe havens rally, ruble sinks on Russia sanctions

Oil prices and safe havens surged Monday while the ruble plunged after world powers imposed fresh sanctions on Russia over its invasion of Ukraine, fanning fears about a possible global energy crisis that could further stoke inflation.

Taliban ban Afghans from evacuating amid massive security sweep

The Taliban have clamped down on Afghans leaving the country as, separately, their forces continue a massive security sweep, going house-to-house across the capital Monday in a "clearing operation".

Screen Actor Guild Awards winners

Here is the list of winners in key categories at the 28th Screen Actors Guild (SAG) Awards, held Sunday in Santa Monica just west of Los Angeles.

Tech firms flock to Spain trade show in shadow of Russia war

One of the technology industry's biggest annual get-togethers is set to kick off in the Spanish city of Barcelona on Monday, under the shadow of Russia's invasion of Ukraine.

Oil surges, equities mostly fall on growing Ukraine fears

Oil prices and safe havens surged Monday while equities mostly fell and the ruble plunged after world powers imposed fresh sanctions on Russia over its invasion of Ukraine, fanning fears about a possible global energy crisis that could further stoke inflation.

Desperate Afghans resort to selling their kidneys to feed families

Jobless, debt ridden, and struggling to feed his children, Nooruddin felt he had no choice but to sell a kidney -- one of a growing number of Afghans willing to sacrifice an organ to save their families.

Homeless subjects of Oscars documentary invited to ceremony

Once a year, Hollywood hosts the Oscars -- but every night hundreds of homeless people sleep on and around the Los Angeles neighborhood's star-lined streets.

European subsidiary of Russia's Sberbank 'failing or likely to fail': ECB

The European subsidiary of Russia's state-owned Sberbank is facing bankruptcy, the European Central Bank said Monday, in the wake of sanctions aimed at punishing Moscow for its invasion of Ukraine.

G7 meeting to focus on Ukraine aid: World Bank

Finance ministers of the Group of Seven most developed nations will meet Tuesday to discuss urgent aid for Ukraine, World Bank president David Malpass announced Sunday.

'Uncharted' again finds its way atop N.America box office

Sony adventure film "Uncharted" rode the star power of Tom Holland to cling to the top spot in North American theaters this weekend, taking in an estimated $23.3 million, industry watcher Exhibitor Relations reported.

Surreal, guilt-free party as Milan Fashion Week wraps up

"Gilt without Guilt".

Google 'pauses' Russian state media monetization across platforms

Google on Saturday became the latest US tech giant to prevent Russian state media from earning money on its platforms in response to Moscow's invasion of Ukraine.

Ottawa flags 'concerns' over Russian channel RT broadcasts

Canadian authorities expressed "concerns" on Saturday over the local broadcasting of state-funded Russian channel RT, which critics have long labeled a mouthpiece for the Kremlin.

American Marconi Wireless News - Economy (English)