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BoE forecasts recession as inflation soars, unveils big rate hike

BoE forecasts recession as inflation soars, unveils big rate hike

Britain will sink into a lengthy recession later this year as inflation rockets even higher, the Bank of England forecast Thursday as it unveiled the biggest interest rate hike since 1995.

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MotoGP veteran Dovizioso to retire early

MotoGP veteran Dovizioso to retire early

Andrea Dovizioso, three-times runner-up in the MotoGP world championship, announced on Thursday his plan to retire next month after the San Marino Grand Prix.

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Russian prosecutors seek 9.5 years jail for US basketball star Griner

Russian prosecutors seek 9.5 years jail for US basketball star Griner

Russian prosecutors on Thursday requested that US basketball star Brittney Griner be sentenced to nine and a half years in prison on drug smuggling charges.

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Alibaba quarterly revenue flat for first time ever in June

Alibaba quarterly revenue flat for first time ever in June

Chinese e-commerce giant Alibaba reported flat revenue growth on Thursday for the first time ever, as the country grappled with an economic slowdown and Covid-19 resurgences kept consumers jittery.

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Iran nuclear talks restart in Vienna

Iran nuclear talks restart in Vienna

Negotiators kicked off a fresh round of talks over Iran's nuclear programme in Vienna on Thursday, seeking to salvage the agreement on Tehran's atomic ambitions.

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Thompson-Herah, Wightman sprinkle Commonwealth stardust

Thompson-Herah, Wightman sprinkle Commonwealth stardust

Double Olympic sprint champion Elaine Thompson-Herah and men's 1500 metres world champion Jake Wightman both sailed through their heats at the Commonwealth Games on Thursday.

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Rwanda attacked Congo troops, backed rebels: experts for UN

Rwanda attacked Congo troops, backed rebels: experts for UN

Rwandan troops have attacked soldiers inside DR Congo and aided the M23 rebel group, according to a report by independent experts for the UN seen by AFP on Thursday.

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Radio warnings signal Taiwan angst over China blockade drills

Radio warnings signal Taiwan angst over China blockade drills

In Taiwan's Keelung port dispatchers spent much of Thursday broadcasting warnings to fishing boats heading north, reminding them that China's military was conducting live-fire drills nearby.

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Taliban say 'no information' about Al-Qaeda chief Zawahiri in Afghanistan

Taliban say 'no information' about Al-Qaeda chief Zawahiri in Afghanistan

The Taliban said Thursday they have no knowledge of Ayman al-Zawahiri's presence in Afghanistan, days after US President Joe Biden announced the Al-Qaeda chief's killing by a drone strike in Kabul.

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Chelsea secure signing of Aston Villa starlet Chukwuemeka

Chelsea secure signing of Aston Villa starlet Chukwuemeka

Chelsea have pounced on a contract stand off between Aston Villa and Carney Chukwuemeka to sign the England under-19 star for a reported fee of £20 million ($24 million).

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