• Twitch video gamers rise up against ‘hate raids’

    SAN FRANCISCO: Night after night, video game streamer RekItRaven watches as their feed is inundated with abusive messages. Hate raided, yet again. 

    Read More
  • War-weary Libyans yearn for end to daily blackouts

    TRIPOLI: Walk down any commercial street in the Libyan capital Tripoli and the pavements will be lined with generators ready to spring into action whenever the mains electricity supply cuts out. 

    Read More
  • Iraq’s Mosul struggles to rebuild without funds

    MOSUL: Iraqi shopkeeper Ahmad Riad is busy again serving customers at a Mosul market four years after the city was destroyed in battles against jihadists, but he still awaits war reparations. 

    Read More
  • Microsoft warns cloud customers of data vulnerability

    SAN FRANCISCO: Microsoft says it has warned thousands of its cloud computing clients of a recently discovered flaw that left their data vulnerable for an extended period. The problem involved keys used to access Microsoft Azure’s flagship database service Cosmos DB, and was discovered two weeks ago by cybersecurity company Wiz.

    Read More
  • Fed chief signals US economy may be ready for less stimulus by year end

    WASHINGTON: The US economy and labor market have healed to the point that the central bank could begin to withdraw its stimulus measures by the end of the year, Federal Reserve Chair Jerome Powell said Friday.

    Read More
  • US Supreme Court ends Biden’s pandemic eviction moratorium

    WASHINGTON: The US Supreme Court on Thursday blocked the extension of a federal moratorium on evictions, ending a protection granted to millions who have struggled to afford rent during the COVID-19 pandemic. 

    Read More
  • Markets flag as traders turn focus to Fed boss’ speech

    LONDON: Europe’s stock markets dipped yesterday, mirroring Asia on growing fears over an end to central bank largesse. 

    Read More
  • S Korea hikes interest rates for first time since before pandemic

    SEOUL: South Korea yesterday became one of the first major economies to hike interest rates following the coronavirus pandemic, as authorities try to rein in growing household debt and a frenzied housing market. The central Bank of Korea raised its key rate to 0.75 percent from a record low 0.5 percent-where it had been since May 2020 — with officials asserting the economy was experiencing a “sound recovery”.

    Read More
  • UK facing supply crunch thanks to COVID and Brexit

    LONDON: Britain’s factories, restaurants and supermarkets are facing stubborn supply problems due to the COVID pandemic and Brexit, sparking calls this week for government help ahead of Christmas. US burger chain McDonald’s ran out of milkshakes and bottled drinks this week, blaming a lorry driver shortage that created supply chain issues and a slowdown in UK business activity.

    Read More