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US bank profits rise as Wall Street hopes for merger boom

US bank profits rise as Wall Street hopes for merger boom

Large US banks reported soaring profits Wednesday propelled by strength in trading and financial advisory services as Wall Street eyes a potential merger boom under the incoming Trump administration.

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Methane leaks from Nord Stream pipeline blasts revised up: studies

Methane leaks from Nord Stream pipeline blasts revised up: studies

A series of underwater explosions that ruptured the Nord Stream gas pipelines in 2022 caused the largest known methane leak on record from a single incident, according to new research published on Wednesday.

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Humanity has opened 'Pandora's box of ills,' UN chief warns

Humanity has opened 'Pandora's box of ills,' UN chief warns

United Nations Secretary-General Antonio Guterres warned on Wednesday that humanity had unleashed a "Pandora's box of ills," including "out of control technology" that risks upending "our very existence."

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Death toll at illegal S.African mine reaches 78

Death toll at illegal S.African mine reaches 78

Rescuers pulled more bodies from a disused gold shaft in South Africa where the toll climbed to 78 Wednesday as police try to clear out illegal miners who have been underground for months.

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Nigeria atheist defiant after leaving jail in high-profile blasphemy case

Nigeria atheist defiant after leaving jail in high-profile blasphemy case

Despite four years in prison for blasphemy, Mubarak Bala defends his atheist beliefs but says he keeps a low profile now in the face of threats in his mostly conservative Muslim region of Nigeria.

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US bans red food dye over possible cancer risk: health authorities

US bans red food dye over possible cancer risk: health authorities

Outgoing US President Joe Biden's administration on Wednesday announced a ban on Red Dye No 3, a controversial food and drug coloring long known to cause cancer in animals.

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US consumer inflation rises December but underlying pressures ease

US consumer inflation rises December but underlying pressures ease

US consumer inflation rose for a third straight month in December as energy prices jumped but a widely-watched measure eased slightly, raising hopes that underlying inflation may be moderating.

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McIlroy and Rahm set for top-level meeting in Dubai

McIlroy and Rahm set for top-level meeting in Dubai

Rory McIlroy and Jon Rahm will mount a battle of the No.1 players on the DP World Tour and LIV Golf Tour at the $9 million Hero Dubai Desert Classic, which begins Thursday.

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Stock markets get boost from bank earnings, inflation data

Stock markets get boost from bank earnings, inflation data

Stock markets surged on Wednesday, buoyed by robust US bank earnings and encouraging inflation data from the United States and Britain.

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Ghana to probe former president's huge cathedral project

Ghana to probe former president's huge cathedral project

Ghana's newly elected President John Mahama has announced plans to investigate his predecessor's contested $400 million National Cathedral project, a stalled religious landmark that for critics become a symbol of fiscal irresponsibility.

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