Tech stocks sink world's biggest sovereign wealth fund
Norway's sovereign wealth fund, the world's largest, shrank by some 1.68 trillion kroner ($173.2 billion) in the first half of the year, weighed down by tech stocks, the Norwegian central bank said Wednesday.
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European stocks drop, oil steadies
European stock markets fell Wednesday as official data showed UK inflation surging to a new 40-year high.
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Rabada passed fit as South Africa bowl against England in 1st Test
Fit-again South Africa fast bowler Kagiso Rabada was set to be thrust straight into the action as Proteas captain Dean Elgar won the toss and elected to field in the first Test against England at Lord's on Wednesday.
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Ronaldo blasts 'lies' over Man Utd future
Cristiano Ronaldo has hit out at the "lies" surrounding reports about his future at Manchester United.
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China reconnects nuclear reactor after shutdown due to damage
A nuclear reactor in southern China has been reconnected to the electricity grid more than a year after it was shut down to repair damage, its operator said.
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UK inflation hits new 40-year high as food prices rocket
British inflation surged to a new 40-year high in July on soaring food prices, official data showed Wednesday, adding to a cost-of-living crisis as the country faces the prospect of recession.
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Climate change driving unprecedented forest fire loss
Forest fires supercharged by climate change are burning twice as much global tree cover as 20 years ago, according to a data Wednesday showing the equivalent of 16 football pitches are now lost every minute.
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South Korean founder of failed Terra coin admits he was 'wrong'
The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of investors' money in May, has admitted he was "wrong", but said that he was not talking to South Korean investigators.
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Violent storms hammer France after weeks of drought
The French weather service warned Wednesday of flash flooding risks across much of the south, where a historic drought has parched the rugged Mediterranean hills, a day after fierce rainstorms lashed much of the country.
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Indonesia celebrates first independence day at future capital
Indonesia celebrated its first independence day at its future capital in the ancient rainforests of eastern Borneo on Wednesday as the nation plans a move away from slowly sinking, traffic-clogged Jakarta.
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