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AP

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Average US mortgage rates show biggest single week jump in 35 years

Average long-term US mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve this week raising its key rate by three-quarters of a point in bid to tame high inflation.

Average US mortgage rates show biggest single week jump in 35 years
Updated On : 16 Jun 2022 | 9:22 PM IST

Western leaders pledge arms and EU path for Ukraine during Kyiv visit

Four European Union leaders say they support fast-tracking Ukraine becoming an official candidate to join the bloc.

Western leaders pledge arms and EU path for Ukraine during Kyiv visit
Updated On : 16 Jun 2022 | 8:25 PM IST

Qatar Airways posts record $1.5 bn profit ahead of FIFA World Cup

Qatar Airways, known for on-board comfort and luxury, said Thursday its profits over the fiscal year topped $1.5 bn, marking the highest ever earnings for the carrier

Qatar Airways posts record $1.5 bn profit ahead of FIFA World Cup
Updated On : 16 Jun 2022 | 7:42 PM IST

Fed Reserve's aggressive rate hikes raise likelihood of recession

US Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed's efforts so far to tame it.

Fed Reserve's aggressive rate hikes raise likelihood of recession
Updated On : 16 Jun 2022 | 5:07 PM IST

North Korea reports another infectious disease outbreak amid Covid-19 wave

North Korea reported a new epidemic" of an intestinal disease on Thursday, an unusual announcement from the secretive country that is already contending with a COVID-19 outbreak

North Korea reports another infectious disease outbreak amid Covid-19 wave
Updated On : 16 Jun 2022 | 4:23 PM IST

Ukraine conflict: French president visits Kyiv suburb, decries 'massacre'

He denounced the barbarism of the attacks that devastated the town, and praised the courage of residents of Irpin and other Kyiv region towns who held back Russians forces from attacking the capital.

Ukraine conflict: French president visits Kyiv suburb, decries 'massacre'
Updated On : 16 Jun 2022 | 3:39 PM IST

Russia-Ukraine conflict: French, German, Italian leaders arrive in Kyiv

The leaders of France, Germany, Italy and Romania arrived in Kyiv in an apparent show of collective European support for Ukraine as it tries to resist Russia's invasion

Russia-Ukraine conflict: French, German, Italian leaders arrive in Kyiv
Updated On : 16 Jun 2022 | 1:46 PM IST

N Korea reports another infectious disease outbreak amid Covid-19 wave

North Korea on Thursday reported the eruption of another infectious disease in addition to its ongoing Covid-19 outbreak

N Korea reports another infectious disease outbreak amid Covid-19 wave
Updated On : 16 Jun 2022 | 1:15 PM IST

Australia commits to reducing greenhouse emissions by 43% by end of decade

Australia's new government on Thursday formally committed to a more ambitious greenhouse gas reduction target of 43 per cent by the end of the decade in fulfillment of a key election pledge

Australia commits to reducing greenhouse emissions by 43% by end of decade
Updated On : 16 Jun 2022 | 12:42 PM IST

FIFA to announce 2026 World Cup US sites, to make high-profile cuts

As FIFA prepares to announce the 2026 World Cup sites on Thursday and make high-profile cuts Alan Rothenberg thought back to when stadiums were picked for the 1994 tournament he headed in the US

FIFA to announce 2026 World Cup US sites, to make high-profile cuts
Updated On : 16 Jun 2022 | 11:17 AM IST

US Open shifts focus away from Saudi money to golf's toughest test

The US Open isn't the only American major that has felt like an afterthought, lost among chatter and innuendo about topics unrelated to birdies and bogeys

US Open shifts focus away from Saudi money to golf's toughest test
Updated On : 16 Jun 2022 | 11:01 AM IST

US, Germany sending weapons to Ukraine as Russian forces advance

The Russian military said it used long-range missiles Wednesday to destroy a depot in the western Lviv region of Ukraine where ammunition for NATO-supplied weapons was stored

US, Germany sending weapons to Ukraine as Russian forces advance
Updated On : 16 Jun 2022 | 10:34 AM IST

US FDA advisers approve Moderna, Pfizer vaccines for kids under 5

COVID-19 shots for US infants, toddlers and preschoolers moved a step closer Wednesday

US FDA advisers approve Moderna, Pfizer vaccines for kids under 5
Updated On : 16 Jun 2022 | 9:35 AM IST

Russia reduces natural gas through European pipeline again amid sanctions

The state-owned energy giant said that deliveries through the Nord Stream 1 pipeline to Germany would be cut again Thursday, bringing the overall reduction through the undersea pipeline to 60%

Russia reduces natural gas through European pipeline again amid sanctions
Updated On : 16 Jun 2022 | 8:05 AM IST

Biden tells oil refiners to produce more gas, criticises profiteering

Your companies need to work with my Administration to bring forward concrete, near-term solutions that address the crisis, wrote Biden to oil refiners

Biden tells oil refiners to produce more gas, criticises profiteering
Updated On : 16 Jun 2022 | 3:29 AM IST

Ukraine conflict: US expected to send $1-billion military aid to Kyiv

The aid is expected to include anti-ship missile launchers, howitzers, and more rounds for the High Mobility Artillery Rocket Systems

Ukraine conflict: US expected to send $1-billion military aid to Kyiv
Updated On : 15 Jun 2022 | 10:18 PM IST

Macron hints Ukraine visit to carry 'message of support' ahead of EU summit

Macron said a message of support must be sent to Ukraine before EU heads of state and government have to make important decisions at their Brussels meeting

Macron hints Ukraine visit to carry 'message of support' ahead of EU summit
Updated On : 15 Jun 2022 | 7:54 PM IST

WHO to share vaccines to stop monkeypox outbreak amid inequity fears

The move could result in the U.N. health agency distributing scarce vaccine doses to rich countries that can otherwise afford them.

WHO to share vaccines to stop monkeypox outbreak amid inequity fears
Updated On : 15 Jun 2022 | 4:57 PM IST

Morrison-led Australian govt lost Chinese votes in last polls: Strategist

The previous Australian government's stance against a more aggressive China drove away many Chinese-Australian voters at recent elections, a campaign strategist said

Morrison-led Australian govt lost Chinese votes in last polls: Strategist
Updated On : 15 Jun 2022 | 2:37 PM IST

GOP's Tom Rice loses House seat after voting to impeach Donald Trump

US Rep Tom Rice of South Carolina has been ousted from Congress in his Republican primary after voting to impeach Donald Trump over the Jan 6 insurrection

GOP's Tom Rice loses House seat after voting to impeach Donald Trump
Updated On : 15 Jun 2022 | 12:17 PM IST