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IN THE NEWS

US Federal Reserve holds rates steady as inflation hawks call for hike

US Federal Reserve holds rates steady as inflation hawks call for hike

The US Federal Reserve held interest rates steady on Wednesday, with surging inflation fueled by President Donald Trump's war on Iran seeing three of the committee's 12 policymakers calling for a quarter-percentage-point rate hike.

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Torrey Pines added to new PGA Tour top-level series from 2028

Torrey Pines added to new PGA Tour top-level series from 2028

The US PGA Tour's annual tournament at Torrey Pines in California will be added to the top-tier Championship Series starting in 2028, organizers announced Wednesday.

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Eala beats defending champ Fernandez in Washington

Eala beats defending champ Fernandez in Washington

Filipina rising star Alexandra Eala dumped out defending champion Leylah Fernandez to reach the quarter-finals of the Washington Open on Wednesday.

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Air France-KLM and Lufthansa bid for Portugal's TAP airline

Air France-KLM and Lufthansa bid for Portugal's TAP airline

Both Air France-KLM and Lufthansa said Wednesday they had submitted bids to acquire a controlling stake in TAP Air Portugal that is being re-privatised.

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US man accused of destroying evidence by wiping phone at airport

US man accused of destroying evidence by wiping phone at airport

A US citizen is facing charges for allegedly supplying US Customs and Border Protection (CBP) agents with a passcode that erased the contents of his phone during an airport interrogation.

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Korda seeks 'control' as she chases history at women's British Open

Korda seeks 'control' as she chases history at women's British Open

Nelly Korda said Wednesday that her attitude was to "control what you can control" as she seeks a historic third major of the season at the women's British Open.

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BTS pulls out of Grammys after Asian pop category introduction

BTS pulls out of Grammys after Asian pop category introduction

Global K-pop sensation BTS said on Wednesday they will not submit their music for next year's Grammy Awards, following the Recording Academy's introduction of new categories that include the Best Asian Pop Music Performance.

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Profits soar at Airbus as it delivers more planes

Profits soar at Airbus as it delivers more planes

Airbus said Wednesday its net profit soared 47 percent in the first half of the year thanks to increased delivery of aircraft as well as higher sales by its defence unit.

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Judge orders Amy Winehouse's father to pay nearly £1mn to her friends

Judge orders Amy Winehouse's father to pay nearly £1mn to her friends

The father of British music sensation Amy Winehouse was Wednesday ordered to pay £950,000 ($1.26 million) to his late daughter's friends, who he unsuccessfully sued for auctioning the singer's clothes and other items.

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US-Saudi strikes in Iraq kill 20, including Iranians

US-Saudi strikes in Iraq kill 20, including Iranians

US-Saudi strikes on Iraq killed at least 20 militants, including several Iranians, on Wednesday, according to the Hashed al-Shaabi, an armed Iraqi alliance that includes pro-Iran groups.

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