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China's factory output at lowest in two years: Caixin PMI
China's factory output slumped to its lowest in two years in March, independent data showed Friday, as the country battles its worst Covid-19 outbreak since the start of the pandemic.
Sri Lankan security forces deployed in Colombo after night of violence
Security forces were deployed across the Sri Lankan capital on Friday after protesters tried to storm the president's home in anger at the nation's worst economic crisis since independence.
Amazon locked in tight unionization votes in two US states
Amazon narrowly led in an effort to prevent unionization in Alabama, according to preliminary results Thursday, but the e-commerce behemoth trailed in a partial tally in a parallel election in New York.
EU to seek China rethink over Russia ties
The EU holds a virtual summit with China on Friday amid increasing alarm over Beijing's growing proximity with Moscow and its reluctance to condemn Russia's invasion of Ukraine.
Japan business confidence dips as Ukraine concern grows
Confidence weakened among Japan's major manufacturers for the first time in nearly two years, a key business survey showed Friday, as concern grows over the impact of the Ukraine crisis.
Which companies are going public in 2022? Almost none so far
As the first quarter of 2022 winds down, the IPO parade is ending with a whimper -- there were no initial public offerings this week and just one last week.
One wounded as protest at Sri Lanka leader's home turns violent
A protest by hundreds of people trying to storm the home of Sri Lankan President Gotabaya Rajapaksa turned violent Thursday, with at least one man critically wounded, as residents slammed the government's handling of the country's crippling economic crisis.
International donors pledge $2.44 bn in aid for Afghanistan
International donors have pledged $2.44 billion in humanitarian aid for Afghanistan, the United Nations said on Thursday, falling short of its target to provide emergency relief.
Hundreds storm Sri Lanka president's home as crisis deepens
Police fired tear gas and water cannon at hundreds of protesters trying to storm the home of Sri Lankan President Gotabaya Rajapaksa in the capital Thursday, demanding his resignation as the South Asian nation's economic crisis worsened.
US not looking for new deal in China negotiations: trade chief
The United States is not looking for a new deal in its negotiations with China over trading practices but rather to address practices by Beijing that it finds objectionable, Washington's trade chief said Thursday.
Oil prices sink as US taps reserves; equities fall
Oil prices tumbled on Thursday as the US announced it would release a record amount of oil from its stockpiles to fight soaring prices over supply fears sparked by the Ukraine war.
Putin warns EU nations need ruble accounts to get gas
President Vladimir Putin on Thursday warned "unfriendly" countries, including all EU members, that they would be cut off from Russian gas unless they opened an account in rubles to pay for deliveries.
Biden weighs record release of US oil reserves: reports
President Joe Biden plans to announce a potentially record release of oil from US strategic stockpiles to counter elevated gasoline prices in the wake of Russia's invasion of Ukraine, US media reported Thursday.
Americans pulled back on spending in February as inflation bit
US consumers spent less and saved more in February amid rising prices for a range of goods, even as their incomes continued to increase, government data showed Thursday.
Exit Expo: Dubai to close shutters on lavish world fair
Dubai will bid farewell to its extravagant Expo 2020 world fair on Thursday, leaving a multi-billion dollar mini-city in the desert and heightened expectations for future hosts.
Sri Lanka runs out of diesel, faces longest-ever blackout
Diesel was no longer on sale across Sri Lanka on Thursday, crippling transport as the crisis-hit country's 22 million people endure record-long power blackouts.
Britain's Truss presses India on Ukraine ahead of Lavrov visit
Britain's foreign secretary was in India Thursday to press for tougher action on Russia's invasion of Ukraine, ahead of a visit by Moscow's top diplomat likely aimed at urging Delhi to do the opposite.
Plenty of fish but no catch as Sri Lanka economic crisis bites
The sky and seas off Sri Lanka's coast are crystal blue but a worsening economic crisis has kept fishermen moored at Negombo harbour, out of gas and unable to reel in the day's catch.
'Finally we can protect women': Japan's HPV vaccine battle
Thousands of lives could be saved as Japan begins to actively promote the HPV vaccine -- which can prevent cervical cancer -- after a decade of misinformation and weak policy left inoculation rates dismally low, advocates say.
Trench proves ultimate barrier to Venezuelans arriving in Chile
Exhausted and afraid, Venezuelan Soreimi Moran breathes in deeply and fights back tears.
Tariffs have not forced China to change its ways, US trade chief says
Rather than pressuring China to change its "unfair" trade practices, US Trade Representative (USTR) Katherine Tai said Wednesday the economy would better served by policies to encourage domestic manufacturing.
CVS settles with Florida on opioids, first accord with US state
CVS Health will pay $484 million to the state of Florida to settle opioid claims, the parties announced Wednesday, in the pharmacy chain's first settlement with a US state.
Prince's legendary Syracuse concert gets official release
A concert of near-mythical proportions -- Prince at the peak of his powers in Syracuse during the 1985 Purple Rain tour -- is getting an official release on June 3, the late singer's label said Wednesday.
Sri Lanka faces 13-hour blackouts, hospitals stop surgery as crisis deepens
Sri Lanka announced nationwide 13-hour daily power cuts from Thursday and more hospitals suspended routine surgeries after running out of life-saving medicines, as the cash-strapped island's economic crisis deepened.
UK seeks Europe-wide maritime minimum wage after P&O debacle
The UK government said Wednesday it wants a minimum European wage for maritime workers, after P&O Ferries sacked almost 800 seafarers to replace them with cheaper agency workers.
Stocks slide, oil rises as Germany slashes growth outlook
World stock markets lost ground Wednesday after strong gains the previous session, as Russia downplayed hopes of a breakthrough in peace talks with Ukraine and Germany's growth outlook darkened.
EU unveils 'sustainable' fashion push
The EU on Wednesday announced proposals to crack down on "fast fashion" by making clothing easier to repair and more durable as part of a push to bolster environmental standards.
10-hour blackouts, hospitals stop surgery as Sri Lanka crisis worsens
Sri Lanka on Wednesday began imposing record nationwide 10-hour daily power cuts as more hospitals announced the suspension of routine surgeries in response to severe shortages of fuel and life-saving medicines.
Marta Ortega, the heiress taking the reins of Zara
Marta Ortega, whose father founded Zara-owner Inditex, will become the world's most powerful woman in the ready-to-wear sector when she takes the reins of the company on Friday.
Energy prices push Spanish inflation to 37-year high
Spanish inflation has surged to a near 37-year high due to soaring energy prices following Russia's invasion of Ukraine, official data showed Wednesday, adding pressure on the government.
Most markets rally on Russia pledge, but traders cautious
Most stocks rose again Wednesday as investors gave a cautious welcome to Russia's pledge to "radically" wind down military activity around two cities including Kyiv, lifting hopes for a ceasefire in the month-long Ukraine war.
10-hour power cuts in Sri Lanka as crisis worsens
Sri Lanka on Wednesday began imposing record nationwide 10-hour daily power cuts as it ran out of hydro-electricity on top of a severe shortage of fuel.
Muslims face frugal Ramadan as Ukraine war drives up food prices
Russia's Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is marring preparations for the holy month of Ramadan and forcing a turn to frugal iftar sunset meals.
US to stress economic independence to counter 'unfair' China trade practices
The US should focus on achieving economic independence from China rather than pressuring Beijing to change "unfair" trade practices, US Trade Representative Katherine Tai will suggest Wednesday, as a shift in strategy toward the Asian giant.
Russia accused of causing 'global food crisis' at UN
Russia was accused before the UN Security Council on Tuesday of having caused a "global food crisis" and putting people at risk of "famine" by starting the war in Ukraine, which serves as a breadbasket for Europe.
Thousands march in Haiti in anger over surge in kidnappings
Thousands of people demonstrated Tuesday in Haiti to denounce a surge in kidnappings and the lack of action by the government of Prime Minister Ariel Henry to protect the population from crime gangs.
European, US stocks rise on hopes for Ukraine peace talks
European and US stocks rallied while oil prices retreated on Tuesday as apparent progress in peace talks between Moscow and Kyiv fueled hopes of an end to the Ukraine conflict.
Oil prices sink, stocks surge on Ukraine hopes after talks
World oil prices dived and European and US stocks rallied on Tuesday as apparent progress in peace talks between Moscow and Kyiv sparked hope of an end to the Ukraine conflict.
Struggling Everton post £120m losses
Premier League strugglers Everton recorded losses of £120.9 million ($157 million) in the last financial year, but are set to avoid being held in breach of profit and sustainability rules.