European stocks open lower after US inflation surge

Paris, Feb 11 (AFP/APP):European stock markets opened lower on Friday following falls in Asia and Wall Street over fears the Federal Reserve will move more aggressively to tighten monetary policy to tame decades-high inflation. London’s FTSE 100 was down 0.7 percent at 7,617.19 points in […]

Iraq struggles to make use of Saddam’s crumbling palaces

Baghdad, Feb 9 (AFP/APP):Scattered across Iraq lie more than 100 opulent palaces and villas built by former dictator Saddam Hussein — some in use, many in ruins like much of the war-scarred country. With their marble columns, ornate carvings and gaudy furniture, they reflected the […]

Three wins for Adele at non-binary Brit Awards

London, Feb 9 (AFP/APP):British superstar Adele won three awards, including the coveted Album of the Year, at the Brit awards on Tuesday, during a ceremony that did away with gender specific categories for the first time. Adele won best album for “30”, as well as […]

Tourism group TUI books big loss but guests return

Frankfurt, Feb 8 (AFP/APP):The world’s largest tourism operator TUI reported another big loss in the last quarter but passenger numbers recovered significantly from the effects of the coronavirus pandemic, the German group said Tuesday. “The path out of the pandemic is becoming increasingly clear. Demand […]

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