US, UK and Canada sanction Lebanon ex-central bank chief Salameh
The US Treasury announced coordinated sanctions with Canada and Britain on Thursday against Riad Salameh, Lebanon's longtime central bank chief, who recently left office without a successor.
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Virgin Galactic's first space tourism flight set to take off
The long-awaited, first civilian space tourism flight by Virgin Galactic was set for takeoff Thursday, carrying an 80-year-old ex-Olympian and a mother and daughter who won their tickets in a sweepstakes.
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Lufthansa pilots receive pay hikes to fight inflation
Lufthansa pilots are to receive pay rises totalling 18 percent in the coming years, with the German airline saying Thursday it would bring "stability" after strikes over surging inflation.
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Global stocks rise as US inflation inches up
Stock markets rose Thursday as highly anticipated data showed that US consumer inflation inched up last month but held at a moderate level.
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Coach owner to acquire Michael Kors, Versace parent in $8.5bn deal
Tapestry, the US owner of lifestyle brands including Coach and Kate Spade, said Thursday it will acquire Michael Kors parent company Capri for $8.5 billion, creating a new global fashion giant to compete with European powerhouses.
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W.African summit backs diplomacy in Niger coup crisis
West African leaders on Thursday said they firmly supported diplomacy in the search to end the crisis in Niger, stepping back from a threat to intervene militarily in the coup-stricken country.
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Ukraine urges evacuations as Russia claims gains
Ukraine urged civilians near the northeastern front line to evacuate on Thursday as Russia ramped up an assault to capture the territory already once seized during the conflict.
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US consumer inflation edges up in July
US consumer inflation inched up in July, government data showed Thursday, rebounding slightly for the first time in around a year and adding pressure on policymakers as they weigh further interest rate hikes.
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Guardiola says Man City treble 'once in a lifetime' feat
Manchester City manager Pep Guardiola said Thursday that last season's remarkable treble success was a "once in a lifetime" achievement as he tried to lower expectations on the eve of a new campaign.
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UK retailer Wilko collapses, risking 12,500 jobs
British household goods company Wilko has collapsed owing to big debts, its boss announced Thursday, impacting about 12,500 jobs as high inflation and interest rates hurt consumers and businesses.
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