The Los Angeles Lakers, one of the most successful teams in NBA history, are being sold to former Disney CEO Bob Iger and investor Joshua Kushner in a deal valued at a reported $12.5 billion.
A year after giving birth to her first child, Sweden's Sarah Sjostrom was crowned European champion in the 50m butterfly for the sixth time on Wednesday.
Former Manchester United striker Romelu Lukaku has joined Fenerbahce, the Turkish Super Lig club announced on Wednesday.
- Solar eclipse darkens Arctic Russia on course for Spain
- Colombia quake rescue efforts enter 'final phase' as toll hits 239
Economy
The Russian economy rebounded in the second quarter thanks to consumer demand, official data showed Wednesday, despite mass Ukrainian drone strikes on the country's e-commerce and oil industries.
August 12, 2026
RECENT NEWS
US consumer inflation slowed slightly in July, government data showed, with a virtual stalemate in the US-Iran war giving consumers some respite from sharp price increases at the gasoline pump.
August 12, 2026
RECENT NEWS
Introducing a finder tag, an upgraded watch that checks for respiratory problems and the latest artificial intelligence superpowers in smartphones, Google on Wednesday will unveil its newest Pixel offerings.
August 12, 2026
Millions of people will turn their gaze towards the heavens on Wednesday to witness one of nature's greatest spectacles -- a rare total solar eclipse -- as it sweeps over mainland Europe to briefly turn day into night.
August 12, 2026
US equities inched up and the dollar slipped Wednesday as July's inflation data came in as expected, taking pressure off the Federal Reserve to increase interest rates.
August 12, 2026
Economy
US consumer inflation slowed slightly in July, government data showed, with a virtual stalemate in the US-Iran war giving consumers some respite from sharp price increases at the gasoline pump.
August 12, 2026
RECENT NEWS
Colombia on Wednesday declared three days of mourning for victims of an earthquake that demolished buildings in the west of the country, killing more than 200 people.
Karsten Warholm kept his bid for a second gold of the European championships in Birmingham and a fourth 400m hurdles title on track as he sailed through qualifiers on Wednesday.
At least 44 people drowned after an overcrowded ferry capsized on Zimbabwe's Lake Kariba, police said Wednesday, releasing an updated toll a day after the disaster.
President Recep Tayyip Erdogan said Wednesday he hoped more countries would join a defence agreement signed last week between Turkey, Saudi Arabia and Pakistan aimed at stabilising a region wracked by conflict.
August 12, 2026
Economy
WallStreetPR, a financial news and publishing company, today released a report examining China's central bank gold purchases and the accompanying expansion of Chinese mining capital into Africa's gold sector. Read the full report at WallStreetPR
August 12, 2026
RECENT NEWS
France on Wednesday recorded a more than 20 percent shortfall in nuclear power production capacity, a record deficit caused by environmentally related outages linked to drought, extreme heat and a jellyfish invasion.
Former Chinese premier Zhu Rongji, whose market reforms helped drive the country's extraordinary economic rise, died Wednesday at the age of 97.
The streets of typically quiet Spanish villages were clogged by skygazing tourists on Wednesday in anticipation of a rare total eclipse that would plunge areas into an eerie daytime darkness.
Financial markets largely steadied Wednesday as traders awaited publication of US inflation data that is set to help guide the Federal Reserve on its plans for interest rates.
August 12, 2026
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