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Recession fears send stocks, oil prices plunging

Recession fears send stocks, oil prices plunging

Equities and oil prices tumbled Wednesday after a brief respite from last week's painful rout across world markets, with recession fears building as central banks hike interest rates to combat decades-high inflation.

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US could face more inflation 'surprises': Fed's Powell

US could face more inflation 'surprises': Fed's Powell

The US economy is strong but faces an "uncertain" global environment and could see further inflation "surprises," Federal Reserve Chair Jerome Powell said Wednesday.

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Bayern complete signing of Senegal star Mane from Liverpool

Bayern complete signing of Senegal star Mane from Liverpool

Bayern Munich confirmed the signing of Sadio Mane from Liverpool on Wednesday, as the Senegal forward signed a three-year deal with the Bundesliga champions.

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Google agrees to pay for Wikipedia content

Google agrees to pay for Wikipedia content

Google has agreed to pay Wikipedia for content displayed by its search engine, mirroring deals the US tech giant has struck with news outlets in Europe.

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Xi warns about 'expanding military alliances' at BRICS summit: state media

Xi warns about 'expanding military alliances' at BRICS summit: state media

Chinese President Xi Jinping warned against "expanding" military ties on Wednesday in a speech ahead of a virtual summit with top leaders from Russia, India, Brazil and South Africa.

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Myanmar junta trial of Australian economist shifted to prison complex: source

Myanmar junta trial of Australian economist shifted to prison complex: source

The Myanmar junta's trial of a detained Australian economist will shift to a special court inside a prison compound in the capital Naypyidaw, a source with knowledge of the case said on Wednesday.

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Passenger jet catches fire while landing at Miami airport

Passenger jet catches fire while landing at Miami airport

Investigators were headed to Miami Wednesday after a passenger jet's landing gear collapsed and it caught fire as it touched down at the US city's international airport, forcing 140 people to flee the burning and mangled aircraft.

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New UK statue unveiled to post-war Caribbean migrants

New UK statue unveiled to post-war Caribbean migrants

Prince William on Wednesday unveiled a new national monument to the "Windrush" generation of Caribbean migrants who moved to Britain following World War II, praising their "immense contribution" to national life.

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Confidence vote puts Bulgarian govt's fate in the balance

Confidence vote puts Bulgarian govt's fate in the balance

Bulgaria's coalition government faced collapse Wednesday just six months after taking office, as MPs prepared to vote on a no-confidence motion that if passed could mean fresh elections.

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Cleaner, piano tuner: French parliament's fresh faces

Cleaner, piano tuner: French parliament's fresh faces

A wave of new French MPs with more diverse profiles, including a cleaner and a blind piano tuner, are heading to parliament after legislative elections that saw President Emmanuel Macron lose his majority.

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