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Oil falls ahead of US plan for economic war on Iran

Oil prices slipped after strong gains last week while stock markets faltered on Monday as investors awaited details of a US plan to impose massive economic pressure on Iran to end the Middle East war.

Millions of Teslas recalled in China over door handle safety

Tesla is recalling nearly three million cars in China with interior door handles that could hamper a person's ability to exit their vehicle in an emergency, Beijing's national market watchdog said.

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Oil sinks over China demand fears, stocks mixed on Ukraine talks

World oil prices dived Monday as Shanghai's phased Covid lockdown reignited fears over Chinese energy demand.

Spain unveils economic plan to ease Ukraine war impact

Spanish Prime Minister Pedro Sanchez unveiled plans Monday to offer 16 billion euros ($17.5 billion) in direct aid and loans for families and companies hit by the impact of Russia's invasion of Ukraine.

Oil sinks over China demand fears, as stocks rise on Ukraine talks

World oil prices dived Monday as Shanghai's phased Covid lockdown reignited fears over Chinese energy demand.

UAE reaffirms OPEC+ commitment, says West must be 'reasonable'

The United Arab Emirates on Monday urged Western countries to be "reasonable" in their expectations, underlining its commitment to the global OPEC+ energy alliance.

Heineken exits Russia in wake of Ukraine war

Dutch brewer Heineken on Monday joined the foreign business exodus from Russia over the war in Ukraine, saying it was "deeply saddened" to see the conflict intensify.

Huawei reports record net profit as exec Meng makes public return

Chinese telecoms giant Huawei on Monday reported record profit for 2021, defying the US sanctions aimed at it as executive Meng Wanzhou made her first public appearance since returning to China from Canadian custody.

Britain cedes control of bailed-out NatWest bank

Britain announced Monday that it has ceded control of bailed-out bank giant NatWest, cutting its stake to below 50 percent for the first time since the global financial crisis.

Markets mostly rise, eyes on Ukraine talks and Shanghai lockdown

Stock markets mostly rose Monday with traders hoping for progress in ceasefire talks between Russia and Ukraine this week, though gains were tempered by a phased lockdown in Shanghai that led to fresh concerns about already strained supply chains.

Markets mixed, eyes on Ukraine talks and Shanghai lockdown

Stock markets were mixed Monday with hopes for some progress in ceasefire talks between Russia and Ukraine this week tempered by a phased lockdown in Shanghai that led to fresh concerns about already strained supply chains.

Taliban ban Afghan women from flying without male relative

The Taliban have ordered airlines in Afghanistan to stop women from boarding flights unless accompanied by a male relative, aviation officials told AFP.

Asian markets mixed, eyes on Ukraine talks and Shanghai lockdown

Asian markets fluctuated Monday with traders hopeful for some progress in ceasefire talks between Russia and Ukraine this week, though a phased lockdown in Shanghai led to fresh concerns about already strained supply chains.

Last EU train out of Russia arrives in Helsinki

Just after 7pm on Sunday, the Allegro express train from St Petersburg pulled into the Finnish capital, marking the closure of the last rail link between Russia and the EU.

Thousands protest in Madrid against abortion

Thousands of people marched though Madrid on Sunday to protest against abortion, as Spain's leftist government prepares a law to guarantee access to the procedure at public hospitals.

NFT of Mandela's arrest warrant auctioned for $130,000

An NFT version of an arrest warrant for anti-apartheid icon Nelson Mandela has raised $130,550 at auction, with proceeds going towards a museum preserving the history of South Africa's anti-apartheid struggle.

Mykolaiv residents dare to hope after Russian threat eases

For three weeks, 13-year-old Sofia has been stuck in bed in the basement of a hospital in the southern Ukrainian city of Mykolaiv undergoing three operations that have still not removed all the shrapnel from her skull.

Activists mobilise over Hungary election fraud fears

As Hungary's April 3 general election looms, civil society activists are gearing up to combat what they say are dirty tricks which have been normalised under nationalist Prime Minister Viktor Orban.

Second black box of crashed China Eastern plane recovered: state media

The second black box has been recovered from a crashed China Eastern passenger plane, state media reported Sunday.

How Ukraine war left China's 'Nickel King' on hook for billions

The play by Xiang Guangda, China's "Nickel King", was to use his influential market position to short the metal, wait for the price to drop, then soak up the rewards when the value bounced back.

New world order? Pandemic and war rattle globalisation

Globalisation, which has both fans and detractors alike, is being tested like never before after the one-two punch of Covid and war.

Microsoft says it addressed corruption allegations in Middle East, Africa

Microsoft, accused by a former employee of paying bribes in Africa and the Middle East, said Saturday it has already probed the allegations and fired several employees as a result.

Saudi Arabia 'foils oil tanker attack' after rebels disrupt F1

Saudi forces destroyed explosives-laden boats and launched air strikes in Yemen on Saturday after Huthi rebel drones and missiles hit targets around the country, setting off an inferno at an oil plant within sight of Jeddah's Formula One race.

US hopes Taliban will quickly reverse girls schools closure

The United States expects the Taliban to reverse its decision to keep girls out of Afghan schools "in coming days", US special envoy Thomas West said Saturday.

Saudi Arabia pledges maximum security for F1 after Yemeni attack

Saudi Arabia pledged maximum security to reassure rattled Formula One drivers as the Saudi Arabian Grand Prix was set to go ahead despite an attack on an oil facility nearby by Yemen's Huthi rebels.

Historic German 'rail bridge' aids war-ravaged Ukraine

The convoy rolls slowly out of the heart of Berlin, its eight cars tethered to a bright red locomotive. Destination: Ukraine, thanks to a historic "rail bridge" delivering humanitarian aid to the besieged country.

Away from bombs, Ukrainians make new home in German town

When Katrin Bilger heard about Russia's invasion of Ukraine, her nine-year-old daughter and 10-year-old son found her crying at the breakfast table.

Argentina to receive immediate $9.7 bn under $44 bn debt deal: IMF

The IMF executive board on Friday approved a $44 billion loan for Argentina to help the inflation-wracked country's economy, with $9.7 billion of the funding available immediately.

Yes or No? Amazon union vote gets underway in New York

Under hazy skies and in the calm of morning, workers waited patiently in line outside the JFK8 warehouse Friday for a say on whether to establish Amazon's first US labor union.

Oil prices, stocks higher after EU snubs Russia ban

Crude prices were higher Friday and stock markets made decent gains after European countries decided against a ban on Russian oil imports over its invasion of Ukraine -- but Germany said it would slash its energy purchases from Moscow.

Brazilian star Anitta tops Spotify with booty-grinding 'Envolver'

Pop superstar Anitta became the first Brazilian to reach the number one spot on music streaming platform Spotify Friday, with a booty-grinding hit, "Envolver," that has sparked a viral dance phenomenon.

Gilbert Houngbo to be first African to head UN labour agency

Gilbert Houngbo, the former prime minister of Togo, was on Friday elected the next head of the International Labour Organization, and will become the first African to lead the UN agency.

Oil prices slide as EU snubs Russia ban

Benchmark oil prices slid by three percent Friday after European countries decided against a ban on Russian oil imports over its Ukraine invasion -- but Germany said it would drastically slash its energy purchases from Moscow.

Ex-Togo premier Houngbo to head UN labour agency