Qantas Airways sees second flight incident in 2 days, as Fiji-bound plane has 'potential mechanical issue'
Qantas Airways suffered a second in-flight incident in two days after a plane traveling from Sydney to Fiji turned around over a "potential mechanical issue."
Kim Kardashian buys Attallah Cross pendant worn by Princess Diana for almost $200K at auction
Kim Kardashian bought a cross pendant worn by the late Princess Diana to a charity gala in 1987. The amethyst and diamond Attallah Cross sold for $197, 453 at a Sotheby's auction.
British inflation falls in December as food costs soar
Britain's Office for National Statistics released data earlier this week showing that inflation during the month of December fell to 10.5%.
Qantas Airways Boeing plane issues mayday call after engine fails with a 'bang,' lands safely
A Boeing 737-888 plane operated by Qantas Airways landed safely in Sydney, Australia after its crew reported an engine malfunction and mayday call.
UK labor union announces 1-day, all-member strike impacting government departments
A labor union in the United Kingdom announced Wednesday that 100,000 workers in 124 government departments and other bodies will be striking on February 1.
Fashion designer Vivienne Westwood dead at 81
Fashion designer, activist and businesswoman Vivienne Westwood died Thursday surrounded by family. She was 81.
First images emerge of British banknotes featuring King Charles III
The Bank of England has released Tuesday the first images of its new banknotes featuring King Charles III, which are expected to enter circulation by mid-2024.
China calls for oil to be traded with yuan at Gulf summit in Saudi Arabia
Chinese President Xi Jinping called on the top oil producing nations to accept oil purchases with the Chinese yuan in a move to boost nation's currency.
Incoming Israeli Prime Minister Benjamin Netanyahu seeks to build on country's 'start-up nation' successes
Having helped turn around and transform the Israeli economy Benjamin Netanyahu faces a lot of challenges as he prepares for a third-term as the country's prime minister.
UK inflation accelerates to 41-year high of 11.1%
Red-hot inflation has begun to peak in the United States, but Jeremy Hunt and the Bank of England face the United Kingdom's highest inflation since 1981.
Taiwan talks trade with US, Britain as China tensions loom over Biden-Xi meeting
Taiwan's trade talks with the U.S. and Britain sparked anger in the Chinese government.
How new UK PM Rishi Sunak can restore the confidence of the public and investors
Experts in public relations and finance explain what new UK Prime Minister Rishi Sunak could do to calm Britons and the financial markets after weeks of turmoil.
UK Prime Minister Liz Truss resignation: what happened in 45 days
Truss is the shortest-serving prime minister in Britain's history, and the third Conservative Party prime minister pushed out of office in as many years.
UK PM Liz Truss pressured to resign over financial crisis, government chaos
Prime Minister Liz Truss continues to face backlash for her fumbled economic package that triggered an economic crisis in the U.K., as many politicians urge her to resign from her post.
Facebook parent Meta to sell Giphy, giving up battle with UK regulators
Facebook owner Meta is throwing in the towel after a lengthy battle with a U.K. watchdog, agreeing to sell Giphy at the behest of the foreign regulator.
UK's Liz Truss abandons tax cuts, axes finance chief
British Prime Minister Liz Truss axed her finance minister and reversed course on major parts of her economic plan amid economic and political turmoil.
State Department begins to decide on 'consequences' for Saudi Arabia
The State Department is considering ways to alter the U.S. relationship with Saudi Arabia after that nation and Russia agreed to cut back oil production.
What is LDI? Liability-Driven Investment strategy explained
Defined benefit pensions have to make sure that their assets, such as stocks and bonds, can generate enough cash to meet liabilities - the monthly payouts guaranteed to pensioners.
Biden blames Russia, Saudi Arabia for rising gas prices, takes credit for recent dip
President Biden, speaking at a Volvo manufacturing plant in Hagerstown, Maryland, on Friday, blamed OPEC+ for the country's inability to lower historically high gas prices nationwide.
UK warns of three-hour winter blackouts if gas supplies fall short
The U.K. national power operator has warned that citizens should brace for up to three-hour energy blackouts this winter in the 'unlikely' event gas supplies dwindle.