Relatives of 10 workers trapped in a flooded coal mine in northern Mexico clung to hope they were still alive Friday, nearly 48 hours after a cave-in sparked a major rescue operation.. "We're working tirelessly to rescue the 10 trapped miners," she said.
Elon Musk has accused Twitter of fraud, alleging the social media platform misled him about key aspects of its business before he agreed to a $44 billion buyout, as their court battle heats up.. The social media platform has urged shareholders to endorse the deal, setting a vote on the merger for September 13.
Workers at the UK's largest container port will hold an eight-day strike at the end of August, union bosses said Friday, in the country's latest industrial action over pay amid spiralling inflation.. Over 1,900 workers will hold eight days of strikes from August 21 until August 29, it added.
US employment made a surprise recovery to pre-pandemic levels in July, news that was welcomed by President Joe Biden ahead of key midterm elections -- but which fuels concerns over sky-high inflation.. Builders have struggled for months to find workers to meet high demand for construction, but employment in the sector is now back to its pre-pandemic level, the report said.
From a 14-minute flight by Drake's private plane to Taylor Swift's carbon footprint, celebrities are struggling to shake off a firestorm over their jet emissions amid the climate crisis.. But a report in May by Transport & Environment, a European non-government group, showed the carbon footprint of private jets is five to 14 times higher per passenger compared with commercial flights, and 50 times bigger than that of train riders.
A British cabinet member admitted Friday "I don't know where Boris is" as the prime minister checked out on holiday, in a week that saw the Bank of England warn a year-long recession is coming.. Former cabinet minister Liam Fox, who supports Sunak, warned against "magical solutions" via debt-financed tax cuts as proposed by Truss.
A senior British minister admitted Friday "I don't know where Boris is" as the premier checked out on holiday, in a week that saw the Bank of England warn a year-long recession is coming.. Zahawi said he had remained in touch with Bank of England governor Andrew Bailey on Thursday after the central bank hiked interest rates from 1.25 to 1.75 percent, the biggest rise in 27 years.
India's central bank on Friday hiked interest rates for the third time in four months, as Asia's third-largest economy contends with a widening trade deficit and weakening currency.. India's benchmark Sensex index erased early losses to trade 0.56 percent higher on Friday following the interest rate decision. ng/grk/cwl
Asian equities mostly rose Friday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and central bank interest rate hikes, while focus turns to key US jobs data later in the day.. "The recent fall in oil prices, which are now trading below the levels immediately before Russia's invasion of Ukraine, has contributed to the market's perception that inflation is likely to peak soon, taking pressure off the Fed to raise rates as aggressively," said National Australia Bank's Rodrigo Catril.
Embattled Chinese property giant Evergrande has cancelled a contract to build a football stadium in a southern city in return for 5.52 billion yuan ($818 million), it said in a filing.. Evergrande had started construction, including the building of the Guangzhou Evergrande Football Stadium, which was set to have at least 80,000 seats, it said.
