Five dead, dozens injured as tour bus overturns in Upstate New York
A tour bus carrying more than 50 passengers overturned on Interstate 90 in Upstate New York, killing at least five people and injuring dozens, officia...
Germany’s producer prices dropped 1.2% year-on-year in May, in line with market expectations, largely due to falling energy prices, official data showed Friday.
Producer prices in Germany declined by 1.2% in May compared to the same month last year, matching forecasts and marking a steeper drop than the 0.9% annual decline seen in April, according to data from the Federal Statistical Office (Destatis).
The decrease was primarily driven by a 6.7% year-on-year fall in energy prices. When excluding energy, producer prices actually rose by 1.3% annually.
Prices for intermediate goods also eased slightly, falling by 0.2% from a year earlier. In contrast, other categories saw price increases: capital goods were up 1.9%, non-durable consumer goods rose 3.6%, and durable consumer goods climbed 1.6%.
On a monthly basis, producer prices slipped by 0.2% in May, following a 0.6% decline in April. Analysts had expected a slightly sharper 0.3% monthly drop.
The data underscores continued disinflationary pressure in Germany’s industrial sector, despite persistent cost increases in consumer goods.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
British American Tobacco is preparing to sell its first disposable vape in the U.S. reversing years of opposition to unauthorised devices amidst a booming $8 billion market for synthetic nicotine products.
Large investors, wary of September’s traditional seasonal downturns, moved to lock in profits on Tuesday, according to traders and research firms – a sign that the sell-off in technology shares may reflect a broader retreat from risk.
Pop Mart has posted stunning interim results for the first half of 2025, riding on the explosive popularity of its breakout character Labubu.
Estee Lauder (EL.N) said on Wednesday that its annual profit forecast has come in below Wall Street expectations, as the cosmetics giant continues to face weakness in the United States and China alongside uncertainty over tariffs.
The U.S. Commerce Department has expanded steel and aluminium tariffs on Tuesday, to include more than 400 products, aiming to protect domestic industries.
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