NEW YORK: Oil prices edged lower on Thursday as US inflation data implied a softening of the world’s biggest economy that could weaken crude demand, with rising Opec production also weighing on prices. Brent futures for April delivery settled at US$83.62 a barrel, down 6 cents. US crude settled at …

(Reuters) – Manchester United forward Marcus Rashford has responded to critics questioning his commitment to the Premier League club after being dropped for disciplinary issues this season by manager Erik ten Hag. The 26-year-old England international missed United’s 4-2 FA Cup fourth-round win over Newport County this month, days after …

TWO assemblymen are urging Selangor government to “bury” the proposed Petaling Jaya Dispersal Link (PJD Link) highway project. “Enough. Let this project die. Let this project be buried,” said Lim Yi Wei (PH-Kampung Tunku) while debating the royal address at the State Assembly sitting. Lim said she had heard that …

PETALING JAYA: Capital A Bhd anticipates a “strong performance” this year after it delivered the first annual net profit in five years for the financial year 2023 (FY23), despite operating at only 74% of 2019 airline seat capacity. The budget carrier and digital travel and lifestyle platform, however, remained in …

WASHINGTON: The World Bank Group said it would consolidate its loan and investment guarantee structure as part of its goal to triple its annual guarantees to US$20bil by 2030 to boost private renewable energy investments in developing countries. The reforms, announced on the sidelines of a G20 finance leaders meeting …

LONDON: The Bank of England’s (BoE) forecasts failed to predict the worst bout in inflation in generations, though its forecasting errors were only as bad as those at the US Federal Reserve (Fed) and European Central Bank (ECB), according to new analysis. Bloomberg Economics found that the BoE’s forecast errors …

(Reuters) – Salt Lake City officially submitted its bid to host the 2034 Winter Olympics on Thursday with officials hailing the moment as a “monumental day”. Even with no other cities in the running for the 2034 Games, Salt Lake City organisers have been cautious in their approach to the …

PORT-AU-PRINCE (Reuters) – A wave of panic swept through downtown Port-au-Prince on Thursday, with an outburst of violence marked by heavy gunfire and improvised barricades, and a gang leader took responsibility saying it was a demonstration against authorities. The violent events took place on the same day Haiti’s Prime Minister …

CHICAGO: US regulators issued an ultimatum to Boeing Co in the wake of a near-catastrophic accident last month, giving the US plane manufacturer 90 days to devise a plan to fix what it called “systemic” quality-control issues. “Boeing must commit to real and profound improvements,” Federal Aviation Administration (FAA) administrator …

KATY, Texas (Reuters) – U.S. women’s gymnastics, long associated with intense pressure placed on the shoulders of young girls, has entered a new era that prioritizes happiness and career longevity, former Olympians now in leadership roles said. Not long ago the typical career of an elite gymnast was short and …