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High-kicking showgirls and nightly cabaret shows at the famed Parisian Lido club on the Champs-Elysees are set to be a thing of the past after the venue's new owner confirmed mass lay-offs on Thursday.
World equities tanked Thursday as slowing US inflation failed to dent fears of rising global interest rates and sent oil prices diving on demand concerns.
Britain's economy shrank in March on fallout from soaring inflation, increasing the prospect of the country falling into recession.
Taiwanese tech giant Foxconn on Thursday said the impact on production from Covid lockdowns in China was "limited" and most of its facilities in the country were operating normally.
Sri Lanka is suffering its worst economic crisis since its independence from Britain in 1948.
Asian and European equities slumped on Thursday following Wall Street's lead, after a key US report renewed fears of inflation and a tightening of monetary policies.
In Aberdeen, northeast Scotland, offshore wind turbines, the extension to the city's port, and hydrogen buses are clear evidence of the move to green energy.
Japanese investment giant SoftBank Group on Thursday logged a record annual net loss after a bruising year that saw its assets hit by a US tech-share rout and a regulatory crackdown in China.
Nissan said Thursday its full-year net profit to March 2022 returned to the black for the first time in three fiscal years, citing cost-saving efforts and positive US market conditions.
Private chef Selim M'nasri used to cook for wealthy Russians on the French Riviera once a month, but he says it has been "radio silence" from them since Moscow's invasion of Ukraine.
Britain's economy grew at a slower pace in the first quarter compared with the final three months of last year as the country battled soaring inflation, official data showed Thursday.
Japan's SoftBank Group on Thursday logged a record annual net loss after a bruising period that saw its assets hit by a US tech-share rout and a regulatory crackdown in China.
For years Greece has been accused of illegally pushing asylum-seekers back to Turkey, a practice it strenuously denies.
The Lebanese parliament voted in on Sunday will have to tackle overdue reforms required for international assistance the cash-strapped country desperately needs.
Asian equities slumped on Thursday following Wall Street's lead, as markets churned after a key US report renewed fears of inflation and a tightening of monetary policies.
The United States is preparing a scaled-back version of a trade pact as Southeast Asian nations gather in Washington, where President Joe Biden is seeking to show solid commitment in the face of a rising China.
Wall Street stocks slumped and oil prices rallied Wednesday as markets churned with more volatility after a report showed US inflation moderated less than investors had been expecting.
A Democratic drive to make the right to abortion the law of the land failed in the US Senate on Wednesday after Republicans refused to allow a vote on the deeply polarizing issue that threatens to upend the upcoming midterm election campaign.
EU-wide guidance on requiring masks for air travel will be lifted from next week, the bloc's aviation safety agency said on Wednesday, as the pandemic eases in Europe.
Brazil's inflation rate hit a 26-year high for the month of April, the government said Wednesday, as spiraling prices continued to defy the central bank's push to rein them in.
Prime Minister Boris Johnson on Wednesday downplayed the prospect of triggering a UK trade war with the EU by threatening to pull post-Brexit arrangements in Northern Ireland, despite European warnings that he risks breaching international law.
Ireland's foreign minister on Wednesday said the UK risked a breach of international law if it scraps the trade rules it signed with the EU for Northern Ireland.
At the height of its powers the pocket-sized music player known as the iPod shifted tens of millions of units each year, helping Apple to conquer the globe and transforming the music industry.
US inflation slowed in April, according to new data Wednesday, but Americans continue to see their wallets empty faster when they buy groceries and pay the rent.
Seeking to address "over-tourism" at popular destinations, Airbnb unveiled Wednesday a new feature that encourages users to search by trip category, not only destination.
The deployment of unprecedented sanctions against Russia over the Ukraine war has left companies with a complex legal minefield to navigate, prompting them to hire more lawyers to avoid costly missteps.
Soldiers stood behind wrought-iron barricades and next to burnt-out buses in the heart of Sri Lanka's capital Colombo Wednesday, guarding almost deserted streets after a convulsion of deadly clashes.
European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July to tackle soaring inflation, echoing the actions of other major central banks and heralding the end of the eurozone's cheap money era.
Solomon Islands' prime minister dismissed criticism of a new maritime investment deal with China on Wednesday, saying there was nothing "sinister" in the draft agreement.
Ukraine said Wednesday it was pushing Russian troops away from the country's second city Kharkiv but facing stiff resistance, as Washington predicted that Vladimir Putin was ready for a long war.
Malaysia's central bank raised its key interest rate on Wednesday for the first time since 2020, in a surprise move aimed at taming inflation.
Asian stocks were mixed on Wednesday, following a volatile day on Wall Street with investors concerned about surging inflation and see-sawing crude prices.