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US private hiring eases more than expected in November: survey

US private hiring eases more than expected in November: survey

US employers eased their hiring pace in November, with job creation slowing the most since early 2021, as the central bank's interest rate hikes trickle through the economy, payroll firm ADP said Wednesday.

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Clashes in south China as authorities warn of 'crackdown'

Clashes in south China as authorities warn of 'crackdown'

Clashes broke out between police and protesters in a southern Chinese city, part of a wave of Covid lockdown-sparked demonstrations across the country that have morphed into demands for political freedoms.

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Turkey says Sweden's steps for NATO bid positive but not enough

Turkey says Sweden's steps for NATO bid positive but not enough

Turkey said on Wednesday Sweden's new government was more determined to address Ankara's security concerns in return for NATO membership but called for "concrete steps".

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H&M to cut 1,500 jobs worldwide

H&M to cut 1,500 jobs worldwide

Swedish fashion retailer H&M said Wednesday it would cut some 1,500 jobs worldwide as a result of a cost-cutting programme launched following its decision to leave the Russian market.

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Losses deepen at crisis-hit SAS airline

Losses deepen at crisis-hit SAS airline

Troubled Scandinavian airline SAS, which has filed for bankruptcy in the United States, reported Wednesday deeper losses in the fourth quarter.

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Kenya's Ruto launches flagship credit scheme for poor

Kenya's Ruto launches flagship credit scheme for poor

Kenyan President William Ruto on Wednesday launched a low-interest credit scheme to boost financial access for the country's poorest citizens, fulfilling a key campaign promise made to voters.

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Mozambique court starts ruling on 'hidden debt' graft scandal

Mozambique court starts ruling on 'hidden debt' graft scandal

A court Wednesday begun handing down verdicts in Mozambique's biggest corruption scandal, in which the government unleashed a financial earthquake by trying to conceal huge debts.

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Cuban rum masters' tradition declared UNESCO cultural heritage

Cuban rum masters' tradition declared UNESCO cultural heritage

The traditional knowledge held by Cuba's light rum masters was on Wednesday added to UNESCO's list of intangible heritage, a prestigious designation that recognizes a tradition dating back eight generations on the island.

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Europe stocks, euro rise on elevated eurozone inflation

Europe stocks, euro rise on elevated eurozone inflation

European equities and the euro rose Wednesday as eurozone inflation slowed but remained elevated on high energy costs.

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Evenepoel opts for 2023 Giro over Tour de France

Evenepoel opts for 2023 Giro over Tour de France

Vuelta and world road race champion Remco Evenepoel said on Wednesday he will ride the Giro d'Italia in 2023, rather than the Tour de France.

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