UK's new Tory govt in major U-turn over tax cut for wealthy after uproar
Britain's under-fire Conservative government on Monday announced a dramatic U-turn on a controversial tax cut for high-earners, part of a debt-driven economic package that has bombed with the markets, electorate and much of the ruling party.
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OPEC+ tipped to make big cut in oil output
Major oil-producing nations led by Saudi Arabia and Russia are expected to make this week their biggest output cut since the start of the Covid pandemic in efforts to buttress prices.
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Confident Tiafoe 'flying high' after Tokyo opener
US Open semi-finalist Frances Tiafoe said he was "flying high on confidence" after beating Yasutaka Uchiyama 6-3, 6-4 in the first round of the Japan Open on Monday.
Read moreW. African bloc flies envoys to Burkina Faso after latest coup
Envoys from the West African bloc ECOWAS were heading to Burkina Faso on Monday after the jihadist-torn Sahel state underwent its second military coup in less than nine months.
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UK economy not out of woods despite tax U-turn
Britain's debt-fuelled economy remains threatened by recession and the pound mired by trouble despite the government of new Prime Minister Liz Truss performing a swift tax U-turn.
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Singapore proposes new law to tackle harmful online content
Social media sites could be blocked or fined in Singapore if they fail to stop users in the tightly-controlled country from accessing "harmful" content under a proposed law introduced in parliament on Monday.
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Europe stocks sink on Credit Suisse fears; oil jumps
European stocks sank Monday on fears over the health of Swiss bank Credit Suisse, while oil jumped on expectations of an OPEC output cut.
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Iran supreme leader blames US, Israel for Mahsa Amini protests
Iran's supreme leader Ayatollah Ali Khamenei on Monday accused arch-foes the United States and Israel of fomenting the wave of nationwide unrest sparked by outrage over the death of Mahsa Amini.
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Sweden's Paabo wins medicine Nobel for sequencing Neanderthal DNA
Swedish paleogeneticist Svante Paabo, who sequenced the genome of the Neanderthal and discovered the previously unknown hominin Denisova, on Monday won the Nobel Medicine Prize.
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Boost for France as Coman returns to Bayern training
Kingsley Coman gave world champions France a much-needed boost after the forward returned to training with his club Bayern Munich on Monday following an absence of almost a month.
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