Eurozone stocks rise, euro slides as ECB holds fire
Eurozone stock markets rose Thursday while the euro slid as the European Central Bank remained vague about when it will raise interest rates in the face of soaring inflation.
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Damaged roads and bridges hamper aid for S. Africa flood victims
Victims of South Africa's deadliest storm on record scrambled to get help on Thursday as relief teams struggled to cross bridges and roads wrecked by floods and landslip.
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Fed can achieve economic 'soft landing,' but it won't be easy: Williams
The US central bank can bring inflation down by raising interest rates without jeopardizing growth in the world's largest economy, although it will be a challenge, a top Federal Reserve official said Thursday.
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ECB sticks to the plan as inflation, Ukraine shake eurozone
The European Central Bank on Thursday stood still in the face of record inflation, keeping its stimulus plans and rates unchanged, as the war in Ukraine cast a pall over the eurozone economy.
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Bankrupt Sri Lanka looks to expand airline fleet
Cash-strapped Sri Lanka's loss-making national carrier revealed plans Thursday to lease up to 21 aircraft, just two days after the government announced a default on its $51 billion foreign debt.
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Pakistan's Rizwan and India's Pujara team up for Sussex
Mohammad Rizwan and Cheteshwar Pujara played for Sussex in the English County Championship on Thursday -- a rare example of Pakistani and Indian cricketers turning out for the same team.
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Without official aid, Durban flood victims dig themselves out
Entering their fourth day without power or water, Durban's poorest residents lined up on Thursday to collect water from burst pipes and dug through layers of mud to retrieve their few possessions.
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US senators defy China threats with Taiwan visit
A delegation of United States lawmakers led by vocal China hawk Senator Lindsey Graham arrived in Taiwan on Thursday for a two-day trip as Beijing threatened "strong measures" in response.
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Citigroup sets aside $1.9 bn due to Russian-Ukraine conflict
Citigroup said Thursday it set aside $1.9 billion in reserves due to Russia's invasion of Ukraine, which was one factor driving a drop in the bank's quarterly earnings.
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Toulouse aim to banish post-Grand Slam blues
Toulouse coach Ugo Mola makes no bones about it: his players made up the backbone of France's Six Nations Grand Slam-winning squad and his team is now paying a heavy price for that success.
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