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US exports hit new record in June, lowering trade deficit

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.

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BoE forecasts recession as inflation soars, unveils big rate hike

BoE 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.

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MotoGP veteran Dovizioso to retire early

MotoGP 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.

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Russian prosecutors seek 9.5 years jail for US basketball star Griner

Russian 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.

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Alibaba quarterly revenue flat for first time ever in June

Alibaba 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.

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Thompson-Herah, Wightman sprinkle Commonwealth stardust

Thompson-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.

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Chelsea secure signing of Aston Villa starlet Chukwuemeka

Chelsea 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).

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Blasts ring out as fires rage in Berlin forest

Blasts 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.

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Bank of England delivers biggest rate hike in 27 years

Bank 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.

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The final frontier? Just a slice of Spanish sausage

The final frontier? Just a slice of Spanish sausage

A red ball of spicy fire with luminous patches glowing menacingly against a black background.

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