Retired NBA great Dwyane Wade brings fans inside his life story in the new ESPN documentary 'Life Unexpected.' In this episode of Yahoo Finance Presents, Wade talks with Yahoo Finance anchor Brian Sozzi about the documentary, his family and what lies ahead in his next chapter.
The British economy flatlined in the third quarter of the year, according to downwardly revised official figures Monday, in another blow to the new Labour government that has made growth its number one mission. In its latest revision of the July to September period, the Office for National Statistics said the British economy showed no growth against the previous estimate of 0.1%. The reduction has prompted critics to say that Labour talked down the economy on taking power on July 5 for the first time in 14 years when it described its economic inheritance from the previous Conservative administration as being the worst in generations.
Romania’s president on Monday nominated incumbent Prime Minister Marcel Ciolacu to lead a new pro-European coalition government in hopes of ending a protracted political crisis in the European Union country following the annulment of a presidential election by a top court. After deliberations with Romania’s political parties, President Klaus Iohannis nominated Ciolacu of the leftist Social Democratic Party (PSD) to try to form a government.
Tension was mounting in Mozambique Monday with judges about to rule on its disputed election, with the opposition leader vowing "chaos" if the ruling party is confirmed as the winner in a standoff that has already claimed at least 130 lives.Opposition leader Venancio Mondlane claims the vote was rigged in favour of Frelimo and that a separate count shows he won enough votes to take office, which he intends to do.
The Philippines said Monday it planned to acquire the US Typhon missile system as part of a push to secure its maritime interests, sparking warnings from China of a regional "arms race".And on Monday, China swiftly condemned the decision to acquire the system as a "provocative and dangerous move" and warned it risked triggering an "arms race".
A Russian delegation arrived in Tehran for a visit that includes a meeting with Iranian President Masoud Pezeshkian, Russian state news agency TASS reported on Monday, as the two countries prepare to sign a comprehensive cooperation agreement. Iran and Russia have been working on setting a date to complete an agreement, Iran's Foreign Ministry Spokesperson Esmaeil Baghaei said on Monday, adding that the deal is set to be signed during a bilateral visit in January.
Asian markets rose Monday after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a more hawkish tone with interest rates next year.Sharp losses in reaction to the forecasts were pared after data showed the personal consumption expenditures (PCE) index, the Fed's preferred gauge of inflation, came in at 2.4 percent on-year in November.
Louisiana’s prison system routinely holds people weeks and months after they have completed their sentences, the U.S. Department of Justice alleged in a lawsuit filed Friday. The suit against the state of Louisiana follows a multiyear investigation into what federal officials say is a pattern of “systemic overdetention” that violates inmates’ rights and costs taxpayers millions of dollars a year.
The effect is like shaking ground coffee around to create more room, one researcher told CNN. But that wasn’t the startling conclusion.
Jordanian Foreign Minister Ayman Safadi met with Syria's new leader Ahmed al-Sharaa in Damascus on Monday, Amman said, the latest high-profile visit since Bashar al-Assad's ouster.It was the first visit by a senior Jordanian official since Assad's fall.
Japanese auto giants Honda and Nissan on Monday agreed to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles.Ghosn told reporters in Tokyo on Monday via video link from Lebanon, where he is at large, that turning to its arch-rival Honda showed that Nissan was in "panic mode".
New York City police arrested a man suspected of setting fire to a woman on the subway in Brooklyn who died from the incident, authorities said, calling it "one of the most depraved crimes" a person could commit.The man "calmly walked up to the victim" on the F train in Brooklyn and set her ablaze on Sunday morning, New York City Police Commissioner Jessica Tisch told a press conference.
Beijing on Monday promised to continue "cooperation" with regional authorities over a Chinese ship linked to the recent severing of two undersea cables in the Baltic Sea.Beijing on Monday confirmed the ship had left to "to ensure the physical and mental well-being of the crew".
Palestinian medics say Israeli airstrikes on the Gaza Strip have killed at least 20 people. One of the strikes overnight and into Monday hit a tent camp in the Muwasi area, an Israel-declared humanitarian zone, killing eight people, including two children.
With perfect pirouettes and plies, dozens of young ballet dancers gracefully moved between the makeshift iron houses of one of Africa’s largest urban slums, spreading Christmas spirit. Hundreds of residents in Kenya’s Nairobi cheered as the nimble ballerinas, wearing Santa hats and sparkling colorful outfits, turned the dusty narrow roads of the neighborhood of Kibera into a dance-worthy stage on Saturday. Organized by the Kibera Ballet School, one of the east African country’s smaller institutions that provides free lessons to children who otherwise wouldn’t have had access to this kind of training, the production was the result of rigorous practice.
New York police have arrested a suspect accused of killing a female subway passenger by setting her on fire Sunday morning, according to police.
A pair of five-year-old pandas, named An An and Ke Ke, celebrated their first Christmas early in a Hong Kong park Monday, munching on special treats and looking cute for the cameras. An An, the male panda, was presented with an ice slab that had “Merry Christmas” written on it with sweet potato and carrots while Ke Ke, his female companion, got a snowman garnished with slices of carrot and apple in a special press event before visitors streamed to the park. China sent the pair to Hong Kong in late September in a bid to boost tourism in the city.
The Philippine military said Monday it plans to acquire the US Typhon missile system to protect its maritime interests, some of which overlap with regional power China.As a rule, it takes at least two or more years for the Philippine military to acquire a new weapons system from the planning stage, Galido said, adding it was not yet budgeted for 2025.
BEIJING (Reuters) -China has provided information and documents to a joint investigation into two severed Baltic Sea undersea cables, and has invited Germany, Sweden, Finland and Denmark to participate in and complete the inquiry, the foreign ministry said on Monday. Foreign ministry spokesperson Mao Ning made the remarks at a news briefing when asked about a Financial Times report that Sweden had criticised China for refusing full access despite an open investigation, and for not allowing its public prosecutor to board the suspect ship, Yi Peng 3.
Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda's president, Toshihiro Mibe, said Honda and Nissan will pursue unifying their operations under a joint holding company.
Taiwan's cabinet warned on Monday the island's security might be at risk after opposition parties passed laws that will require cuts in government spending, including defence, at a time when China has ramped up military activity nearby. Taiwan's opposition parties, which hold a majority in parliament, last week passed legislation to shift spending from the central government to local municipalities, a move strongly contested by the ruling Democratic Progressive Party (DPP) and thousands of protesters. The legislation will "seriously weaken the central government's financing," Finance Minister Chuang Tsui-yun said at a media briefing on Monday, adding the government might need to increase debt-financing.
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