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IN THE NEWS

ECB holds tight as inflation tide rises

ECB holds tight as inflation tide rises

The European Central Bank on Thursday stood still in the face of record inflation, keeping its stimulus plans and rates unchanged, as the war in Ukraine cast a pall over the eurozone economy.

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Crane ship nearly topples after Norway lifting accident

Crane ship nearly topples after Norway lifting accident

A huge crane ship was left listing outside the harbour of Stavanger in southwestern Norway on Thursday after a steel wire snapped during a loading operation, police said.

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Hollywood stars and cult directors announced for Cannes

Hollywood stars and cult directors announced for Cannes

The Cannes Film Festival announced the line-up for its 75th edition on Thursday with a mix of cult arthouse directors and Hollywood glamour heading for the French Riviera in May.

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Eurozone stocks, euro higher before ECB update on rates

Eurozone stocks, euro higher before ECB update on rates

Eurozone stock markets and the euro rose Thursday awaiting the outcome of the European Central Bank's latest monetary policy meeting, as traders seek more information on when it will start to raise interest rates to fight the bloc's record-high inflation.

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Elon Musk launches hostile takeover bid for Twitter

Elon Musk launches hostile takeover bid for Twitter

Tesla chief Elon Musk has launched a hostile takeover bid for Twitter, offering to buy 100 percent of its stock and take it private, according to a stock exchange filing.

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Scramble for relief for South Africa's flood victims

Scramble for relief for South Africa's flood victims

Victims of South Africa's deadliest storm on record scrambled to get help on Thursday as the death toll from floods and landslips that struck the country's southeast surged beyond 300.

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Sri Lankans abandon holiday celebrations for protests

Sri Lankans abandon holiday celebrations for protests

Life usually stops in Sri Lanka's capital during April's holiday period, but with an economic crisis derailing traditional home celebrations, Colombo's city centre is instead teeming with frustrated crowds.

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Genocide: legal term source of political controversy

Genocide: legal term source of political controversy

The reluctance of some European states to call out Russian atrocities in Ukraine as "genocide" has sparked tensions with Kyiv, but use of the precise legal term to describe the greatest of all crimes has long been a source of political contention.

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Death toll from Philippines landslides, floods hits 133

Death toll from Philippines landslides, floods hits 133

The death toll from landslides and flooding in the Philippines triggered by tropical storm Megi rose to 133 on Thursday, official figures showed, as more bodies were found in mud-caked villages.

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UK to send asylum-seekers to Rwanda

UK to send asylum-seekers to Rwanda

Britain is to send migrants and asylum-seekers who cross the Channel thousands of miles away to Rwanda, according to a controversial deal announced Thursday as the government tries to clamp down on record numbers of people making the perilous journey.

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