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IN THE NEWS

Far-right veteran elected Italian Senate speaker

Far-right veteran elected Italian Senate speaker

Ignazio La Russa, who was elected speaker of the Italian senate Thursday, is a veteran of the far-right who collects fascist memorabilia as a hobby.

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US inflation persists, higher in September over prior month

US inflation persists, higher in September over prior month

US inflation jumped more than expected in September, according to government data released Thursday, in the latest sign that pricing pressures have become more intractable despite aggressive central bank action.

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UK baby murder accused wrote 'I killed them', court told

UK baby murder accused wrote 'I killed them', court told

Police probing a spate of baby deaths at a UK hospital found a note stating "I am evil I did this" at the home of a nurse accused of killing them, a court was told on Wednesday.

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'Challenging' year for Ikea, 10,000 layoffs in Russia

'Challenging' year for Ikea, 10,000 layoffs in Russia

Swedish furniture giant Ikea posted a six percent rise in full-year sales on Thursday, in what it described as a "challenging" year due to inflation and scaling back in Russia.

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Italy parliament in rocky step towards new government

Italy parliament in rocky step towards new government

Italy's parliament met for the first time Thursday since the far-right won elections last month, a rocky first step in the process of forming a government, with tensions running high.

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Weak pound is major draw at London's Frieze art fair

Weak pound is major draw at London's Frieze art fair

As the global art world descends on London's Frieze fair this week, the current low value of the UK pound makes buying art in Britain particularly attractive for overseas collectors and dealers.

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India's Infosys plans $1 bn buyback on strong profits

India's Infosys plans $1 bn buyback on strong profits

Indian outsourcing behemoth Infosys approved a $1 billion share buyback on Thursday after strong quarterly profits that reflected sustained demand for digital services.

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'Shelf-life of a lettuce': Truss's nightmare on Downing Street

'Shelf-life of a lettuce': Truss's nightmare on Downing Street

British Prime Minister Liz Truss has had the shortest of political honeymoons since taking over from Boris Johnson.

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UK PM faces fresh political woes after difficult MPs meeting

UK PM faces fresh political woes after difficult MPs meeting

Embattled British Prime Minister Liz Truss faced fresh woes on Thursday after a prominent Conservative party insider said some of her own MPs were considering a push to replace her with two former rivals.

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Europe heading for warmer-than-average winter: forecaster

Europe heading for warmer-than-average winter: forecaster

Europe faces a higher-than-usual chance of a cold blast of weather before the end of the year, but the winter overall is likely to be warmer than average, the continent's long-range weather forecaster said Thursday.

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