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India GDP surges 13.5% on pandemic rebound, despite headwinds

India GDP surges 13.5% on pandemic rebound, despite headwinds

A post-pandemic rebound saw India's economy grow 13.5 percent in the June quarter, official figures showed Wednesday, but inflation and other headwinds signal a looming slowdown in Asia's third-largest economy.

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Insurance payments on defaulted Russia debt to move forward

Insurance payments on defaulted Russia debt to move forward

Russia's default on its international debt was fully acknowledged Wednesday by a little-known panel of financial firms when they set a date for the procedure to compensate insured investors.

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European stocks drop on record eurozone inflation

European stocks drop on record eurozone inflation

European equities slid Wednesday as record-high eurozone inflation fanned fears that more interest rate hikes could herald recession.

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Tributes paid to princess Diana, 25 years after her death

Tributes paid to princess Diana, 25 years after her death

Flowers and other tributes were laid on Wednesday at princess Diana's former London home and above the Paris road tunnel where she lost her life, to mark the 25th anniversary of her death.

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IAEA team reaches Zaporizhzhia en route to Russia-held nuclear plant

IAEA team reaches Zaporizhzhia en route to Russia-held nuclear plant

IAEA inspectors arrived in the southern Ukrainian city of Zaporizhzhia Wednesday ahead of a visit to a Russian-held nuclear power plant, after fresh shelling near Europe's largest atomic facility.

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2018 Vuelta champion Yates joins growing list of Covid cases

2018 Vuelta champion Yates joins growing list of Covid cases

Simon Yates, the 2018 Vuelta champion, withdrew ahead of the 11th stage of this year's edition on Wednesday after testing positive for Covid-19, his BikeExchange team announced.

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US life expectancy drops for 2nd straight year, due to Covid

US life expectancy drops for 2nd straight year, due to Covid

Life expectancy for Americans dropped in 2021 for the second straight year -- the biggest two-year decline in a century -- notably due to the Covid-19 pandemic, US health officials announced Wednesday.

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Venice film fest launches with Adam Driver 'toxic event'

Venice film fest launches with Adam Driver 'toxic event'

The Venice Film Festival kicked off on Wednesday with Adam Driver starring in a topical opening film about a deadly health crisis, misinformation and prescription drugs.

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England name unchanged squad for South Africa decider

England name unchanged squad for South Africa decider

Ben Stokes will lead an unchanged 14-man England squad into next week's third and deciding Test against South Africa at the Oval after it was released on Wednesday.

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Klopp labels Parker sacking as 'unbelievable'

Klopp labels Parker sacking as 'unbelievable'

Liverpool manager Jurgen Klopp said Scott Parker's sacking after just four Premier League games was "unbelievable" and Bournemouth's owner Maxim Demin's behaviour showed "how important the right owners are."

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