ECB opens door to September rate-hike as Iran war flares up
The European Central Bank on Thursday kept its key deposit rate unchanged at 2.25 percent but opened the door to a rise in September as fresh fighting in the Middle East threatens to send prices higher.
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Oil soars to $100 on fresh Mideast attacks
Oil prices surged to $100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red Sea shipping and US President Donald Trump threatened to strike them in return.
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World Bank estimates Venezuela quakes caused $19.6 bn in damage
Twin earthquakes that devastated Venezuela last month caused at least $19.6 billion in direct physical damage, the World Bank said in an estimate Thursday, stressing the need for a rapid increase in public reconstruction funding to avoid lasting economic effects.
Read moreFrance evacuates 20,000 as fire rages in pine forest
Flames roared through crackling pine trees on Thursday as a wildfire gained ground on the coast of southwestern France, forcing more than 20,000 tourists and residents to flee to safety.
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Coal-fired power generation rising globally on Mideast war: IEA
Coal-fired power generation is set to increase in 2026, driven by supply difficulties and soaring natural gas prices linked to the war in the Middle East, the International Energy Agency said Thursday.
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Italy's far-right line up to defend jeweller who killed robbers
A jeweller convicted for killing armed robbers after they left his shop has far-right deputies in Italy falling over themselves to defend him ahead of next year's general election.
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Premier League champions Arsenal sign Greece winger Tzolis from Brugge
Arsenal have signed Greece winger Christos Tzolis on "a long-term contract", the Premier League champions announced on Thursday.
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AI-led boom in IPOs raises concerns about a bust
This has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations raises questions about whether the markets can continue to absorb them.
Read moreFrench Jewish DJ sues after activists disrupt gig: lawyer
A French Jewish DJ who has become embroiled in the latest cultural boycott campaign linked to Israel's war in Gaza has filed a complaint against campaigners who disrupted one of her appearances last weekend, her lawyer said Thursday.
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Klopp expected to be named new Germany coach on Friday
Jurgen Klopp is widely expected to formally take over as the new head coach of the German men's national football team, with the German Football Association (DFB) calling a press conference for Friday.
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