Page 42 - Agencies

European Central Bank set to hike rates for the first time in 11 years

That outlook is getting murkier by the day because inflation is still accelerating and growth slowing sharply

China raises loan-support efforts for developers amid mortgage boycott

Asks banks to meet financing needs; officials consider temporary waivers

Turbulent times: Tech snags force 3 flights to make emergency landings

A Dubai-bound flight was diverted to Muscat after a burning smell was sensed in cabin mid-air

Elon Musk's inner circle rocked by fight over $230-billion fortune

Musk was increasingly relying on a new advisor, a 34-year-old, Russian-born ex-professional gambler named Igor Kurganov

Facebook testing options for several profiles from single account

While Facebook prohibits users from having over one account, the feature would let them create up to five profiles under their account to engage with different topics or groups of people

From Gap to Dollar General, retail chiefs quit as challenges grow

With the onset of the Covid-19 pandemic, retailers are dealing with fresh complications from supply-chain bottlenecks and historic levels of inflation

Crypto lender Celsius Network files for bankruptcy after cash crunch

Celsius, which has more than 100,000 creditors, said it took the step to stabilise its business and work out a restructuring for all stake­holders

China's budget deficit widens 600% as Covid-19 pandemic cuts revenue

The deficit in the budgets for all levels of government was 5.1 trillion yuan ($758 billion), according to Bloomberg calculations based on data from the Ministry of Finance released Thursday

US SEC sends letter to Musk over tweets on $44 billion Twitter deal

Twitter experiences longest global outage in years

'Right to Repair': Soon, consumers & third-party vendors may fix products

Committee identifies farming equipment, cell phones, consumer durables among sectors for policy

Sri Lanka declares state of emergency after President Rajapaksa flees

From the Maldives, 73-year-old Rajapaksa appointed Prime Minister Ranil Wickremesinghe as the acting President

Delhi HC allows Vivo to operate accounts frozen by ED in tax evasion probe

Vivo can operate its bank accounts to the extent that a balance of Rs 250 crore is maintained in its accounts at all times, the court said

CUET now second biggest entrance exam after NEET-UG, surpasses JEE Main

The Common University Entrance Test-Undergraduate (CUET-UG) 2022 received 1.49 million registrations in its first year

Rishi Sunak hits threshold for PM race; gets support from 20 MPs

Pledges tax cuts once inflation is under control

A day after US warning, Russian President Putin set to visit Iran next week

During the trip to Tehran next Tuesday, Vladimir Putin will attend a trilateral meeting with the leaders of Iran and Turkey

Sri Lanka Prez Rajapaksa tries to flee but airport staff block his exit

Sri Lankan President Gotabaya Rajapaksa, who is due to resign from his post on Wednesday, was stopped from fleeing the crisis-hit nation as airport immigration staff blocked his exit

PM Modi to inaugurate Deogarh airport, new AIIMS in Jharkhand today

The Deogarh airport, constructed across 657 acres at an estimated cost of around Rs 400 crore, will be the second international airport in Jharkhand after Ranchi

Lanka central bank chief to stay in job; new Prez to be elected on July 20

Governor P. Nandalal Weerasinghe, who has been holding bailout talks with the IMF since taking office in April, had told reporters in May he could resign if there was no political stability

Netherlands poised to make work-from-home a legal right, says report

The new legislation comes at a time when companies worldwide struggle to bring workers back to office

China quells protest by people seeking life savings back: Report

Banks froze millions of dollars worth of deposits in April, telling customers they were upgrading internal systems