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Falling inflation fuels rise in stocks

Falling inflation fuels rise in stocks

A drop in inflation in Europe and the United States sent stocks climbing on Thursday, boosting expectations that the US Fed and ECB may be able to soon cut interest rates.

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Hundreds of new oil and gas projects approved despite climate crisis

Hundreds of new oil and gas projects approved despite climate crisis

More than 400 oil and gas projects were approved globally in the last two years despite calls to abandon all new hydrocarbon development, new figures showed as the UN COP28 climate talks opened Thursday.

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COP28 opens with 'historic' launch of loss and damage fund

COP28 opens with 'historic' launch of loss and damage fund

Nearly 200 nations agreed Thursday to launch a fund to support countries hit by global warming, in a "historic" moment at the start of UN climate talks in the oil-rich UAE.

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US Fed's favored inflation gauge slows in October

US Fed's favored inflation gauge slows in October

A key inflation measure used by the US Federal Reserve to set interest rates eased further last month amid declining energy and goods prices, according to government data published Thursday.

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Russia bans 'international LGBT movement' for 'extremism'

Russia bans 'international LGBT movement' for 'extremism'

Russia on Thursday banned the "international LGBT movement," claiming it was an extremist group in a move that cements a long crackdown on the community as the Kremlin pushes ultra-conservative social values.

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Grounded by flu, Pope urges COP28 to reject 'vested interests'

Grounded by flu, Pope urges COP28 to reject 'vested interests'

Pope Francis, who cancelled his trip to the United Nation climate talks due to flu, urged participants Thursday to reject "vested interests" and focus on the common good.

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Shane MacGowan, folk-punk Pogues frontman, dies aged 65

Shane MacGowan, folk-punk Pogues frontman, dies aged 65

Shane MacGowan, songwriter and lead singer of Celtic folk-punk band The Pogues, has died aged 65 after a long illness, his wife announced Thursday.

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'We don't have superpowers', says embattled Red Cross

'We don't have superpowers', says embattled Red Cross

The Red Cross, which has faced criticism for not doing enough for hostages and prisoners in the Gaza conflict, stresses it has no "superpowers" and relies on the warring parties for access.

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Australia Test bowler Nathan Lyon joins Lancashire

Australia Test bowler Nathan Lyon joins Lancashire

Australia Test bowler Nathan Lyon has joined Lancashire for the 2024 season, the English county announced on Thursday.

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Hamas shooting threatens extended Gaza truce

Hamas shooting threatens extended Gaza truce

The Palestinian group Hamas said its militants carried out a shooting in Jerusalem on Thursday, killing three people despite agreeing to extend for a day a truce in Gaza and to release at least 10 more Israeli hostages.

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