US exports hit new record in June, lowering trade deficit
American exports set another record in June, narrowing the US trade gap for the third consecutive month, according to official data Thursday.
Read moreBoE forecasts recession as inflation soars, unveils big rate hike
Britain will sink into a lengthy recession later this year as inflation rockets even higher, the Bank of England forecast Thursday as it unveiled the biggest interest rate hike since 1995.
Read moreMotoGP veteran Dovizioso to retire early
Andrea Dovizioso, three-times runner-up in the MotoGP world championship, announced on Thursday his plan to retire next month after the San Marino Grand Prix.
Read moreRussian prosecutors seek 9.5 years jail for US basketball star Griner
Russian prosecutors on Thursday requested that US basketball star Brittney Griner be sentenced to nine and a half years in prison on drug smuggling charges.
Read moreAlibaba quarterly revenue flat for first time ever in June
Chinese e-commerce giant Alibaba reported flat revenue growth on Thursday for the first time ever, as the country grappled with an economic slowdown and Covid-19 resurgences kept consumers jittery.
Read moreThompson-Herah, Wightman sprinkle Commonwealth stardust
Double Olympic sprint champion Elaine Thompson-Herah and men's 1500 metres world champion Jake Wightman both sailed through their heats at the Commonwealth Games on Thursday.
Read moreChelsea secure signing of Aston Villa starlet Chukwuemeka
Chelsea have pounced on a contract stand off between Aston Villa and Carney Chukwuemeka to sign the England under-19 star for a reported fee of £20 million ($24 million).
Read moreBlasts ring out as fires rage in Berlin forest
A huge fire broke out Thursday in a popular forest in western Berlin next to a police munitions storage site, sending plumes of smoke into the skies and setting off intermittent explosions.
Read moreBank of England delivers biggest rate hike in 27 years
The Bank of England unleashed Thursday its biggest interest rate hike since 1995 as it forecast inflation topping 13 percent this year and warned of a looming year-long recession.
Read moreThe final frontier? Just a slice of Spanish sausage
A red ball of spicy fire with luminous patches glowing menacingly against a black background.
Read moreIn The News