Stocks mostly rise as US inflation data boosts rate cut hopes
US and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the Federal Reserve will trim interest rates next month.
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Sundance unveils eclectic lineup for 2025
The prestigious Sundance festival released its wide-ranging lineup on Wednesday that will see Hollywood stars rubbing shoulders with up-and-coming filmmakers from all over the world.
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FIFA confirms Saudi Arabia as 2034 World Cup host
FIFA on Wednesday confirmed that Saudi Arabia will host the 2034 World Cup, underlining the Gulf kingdom's growing influence in world sport despite criticism of the country's human rights record.
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Germany's Scholz urges investment in 'future EU member' Ukraine
German Chancellor Olaf Scholz on Wednesday urged businesses to invest in war-torn Ukraine and stressed a commitment to smooth Kyiv's path to European Union accession.
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EU conservatives seek to stall 2035 combustion engine ban
The largest group in the European Parliament, the conservative EPP, joined calls Wednesday to "reverse" a ban on combustion engine vehicles starting in 2035, citing the struggles of the automotive industry.
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2034 World Cup in Saudi Arabia puts lives at risk: rights groups
FIFA's decision to award the 2034 World Cup to Saudi Arabia puts many lives at risk and "marks a moment of great danger", Amnesty International and 20 other organisations warned on Wednesday.
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Russia vows retaliation after Ukrainian ATACMS strike
Russia on Wednesday vowed retribution against Ukraine, accusing Kyiv of firing Western-supplied missiles on a military airfield in its southern Rostov region.
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Canada central bank makes half point rate cut to 3.25%
Canada's central bank on Wednesday lowered its key lending rate by 50 basis points to 3.25 percent, seeking to aid a slowing economy facing uncertainty following a tariff threat from US President-elect Donald Trump.
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US consumer inflation accelerates for second straight month in November
US consumer inflation ticked up for a second consecutive month in November, driven by food prices and other sectors, according to government data published Wednesday, complicating the Federal Reserve's rate cut deliberations.
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Lula alert, 'progressed well' since intracranial surgery
Brazilian President Luiz Inacio Lula da Silva is alert and has "progressed well" since undergoing intracranial surgery for bleeding that put pressure on his brain, the hospital treating him said Wednesday.
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