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IN THE NEWS

British cycling great Hoy recovers from 'worst' crash

British cycling great Hoy recovers from 'worst' crash

British six-time Olympic cycling champion Chris Hoy said he recently suffered the "worst" crash of his life as he receives treatment for cancer.

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German growth forecasts slashed, Merz under pressure

German growth forecasts slashed, Merz under pressure

Leading German institutes on Thursday downgraded their 2026 growth forecasts, in another bad sign for Chancellor Friedrich Merz whose efforts to reboot Europe's biggest economy face mounting criticism.

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Thyssenkrupp pauses steel production at two sites citing Asian pressure

Thyssenkrupp pauses steel production at two sites citing Asian pressure

Europe's largest steelmaker Thyssenkrupp is to pause steel production at two sites for about two weeks because of Asian competition, the German firm said Thursday, as the European Union considers tightening its steel tariffs.

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Swiss yodelling joins world cultural heritage list

Swiss yodelling joins world cultural heritage list

Yodelling, the traditional singing of herders in the Swiss Alps, was recognised by the United Nations on Thursday as part of the world's cultural heritage.

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ECB proposes simplifying rules for banks

ECB proposes simplifying rules for banks

The European Central Bank proposed Thursday simplifying rules for the region's lenders to help them compete internationally, but insisted the move would not weaken guardrails aimed at preventing crises.

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Toll in deadly Indonesia floods near 1,000, frustrations grow

Toll in deadly Indonesia floods near 1,000, frustrations grow

The death toll in Indonesia's devastating floods closed in on the 1,000 mark Thursday as hundreds of thousands more continued to face shortages, with frustration growing over relief efforts.

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Vietnam's capital chokes through week of toxic smog

Vietnam's capital chokes through week of toxic smog

Toxic smog has blanketed Vietnam's capital for more than a week, blotting out the skyline and leaving residents wheezing as Hanoi's air quality dipped to among the world's worst on Thursday.

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Stocks mixed as US rate cut offset by Fed outlook, Oracle earnings

Stocks mixed as US rate cut offset by Fed outlook, Oracle earnings

Asian markets were mixed Thursday as earlier gains fuelled by the Federal Reserve's latest interest rate cut were offset by indications the central bank will hold off from further reductions at the start of next year.

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Mexico approves punishing vape sales with jail time

Mexico approves punishing vape sales with jail time

Mexico's Congress gave final approval on Wednesday to a bill establishing penalties of up to eight years in prison for selling electronic cigarettes and similar products.

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Desert dunes beckon for Afghanistan's 4x4 fans

Desert dunes beckon for Afghanistan's 4x4 fans

On any Friday, when the Afghan weekend begins, dozens of drivers gather in the Kandahar desert to charge their SUVs up steep ochre dunes, kicking up rooster tails of sand to the delight of spectators.

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