Rolls-Royce May Cut Thousands of Jobs in Turnaround Plan, The Times Reports
Rolls-Royce Holdings Plc could cut thousands of jobs after the company hired consultants led by McKinsey & Co.
2023-05-28 20:27
Traders Gear Up to Embrace Riskier Assets After Debt-Cap Deal
Global markets are primed for a relief rally after US negotiators agreed to a tentative deal over the
2023-05-28 20:27
Czech Central Banker Holub Favors Raising Interest Rates Further
The Czech central bank should raise interest rates further to prevent high inflation from becoming entrenched in the
2023-05-28 20:25
Starmer Plans to Block New North Sea Projects: The Times
UK Labour and opposition leader Keir Starmer will announce proposals to block all new North Sea oil and
2023-05-28 20:21
Italy Still Mulling Whether to Pull Out of China Pact: Meloni
Prime Minister Giorgia Meloni has yet to make a final decision on Italy’s controversial role in China’s Belt
2023-05-28 17:18
Gas Price Plunge Brings Relief to Europe After Energy Panic
European gas prices have plunged to the lowest since mid-2021, when Russia was just beginning to squeeze supplies
2023-05-28 16:26
Most Thais Concerned of New Government Formation After Election, Survey Shows
The majority of Thais are concerned the nation’s next prime minister won’t hail from the Move Forward Party,
2023-05-28 15:15
Pilots Say F-16s Can Help Ukraine But Missiles Could Down Them
The F-16 jets that the Ukrainian military is touting as a potential gamechanger in its conflict with Russia
2023-05-28 13:25
Key Takeaways From Deal Biden, GOP Sealed to Avert US Default
President Joe Biden and House Speaker Kevin McCarthy compromised on bitterly contested disputes over federal spending and assistance
2023-05-28 10:57
Debt-Limit Deal Sets Up Tough Battle for Passage in Congress
Getting a US debt-limit deal is one thing. Overcoming entrenched political divisions and time-consuming procedural hurdles to pass
2023-05-28 10:19
Debt ceiling deal reached between Biden and McCarthy
President Joe Biden and House Speaker Kevin McCarthy have reached a tentative agreement to avert a catastrophic and unprecedented default on America’s sovereign debt, ending a monthlong standoff that threatened the US and global economies. The White House said Mr Biden and Mr McCarthy spoke by phone for roughly 90 minutes late Saturday. The president also spoke with Democratic congressional leaders as the talks between the White House and the Republicans who control the House of Representatives entered final stages after days of back-and-forth over GOP demands to add work requirements for food assistance and other programs meant to help lower-income Americans. One source familiar with the matter described the president and the House Speaker as having come to an “agreement in principle” that would limit federal spending while raising the nation’s statutory debt limit by an amount large enough to keep the issue off the table through the November 2024 general election. More follows...
2023-05-28 09:27
White House, Republicans Reach Deal to Avert US Default
White House and Republican negotiators reached a tentative deal to raise the US debt ceiling and avert a
2023-05-28 09:18