Ozempic Maker Novo Nordisk Invests $2.3 Billion in France Site
Novo Nordisk A/S, which faces supply bottlenecks amid high demand for its blockbuster weight-loss medicines, will invest €2.1
2023-11-23 14:17
Microsoft, Google beat earnings expectations amid AI frenzy
Tech titans Google and Microsoft announced better then expected earnings on Tuesday as the frenzy over artificial intelligence stokes investor excitement and breathes a...
2023-07-26 06:54
European shareholders contest more executive pay reports
By Tommy Wilkes LONDON European shareholders are increasingly contesting corporate executive pay reports, data showed on Wednesday, as
2023-09-06 13:29
Traders Rushing to Undo Massive Bets Whipsaw European Gas Prices
Volatility has returned to European natural gas, driven in large part by a wave of new investors who
2023-06-26 13:27
Corn Drops to Trade Near Three-Year Low on Record US Crop
Corn futures extended losses, trading near a three-year low, on forecasts that the US farmers will collect a
2023-11-11 01:15
BOJ Speculation Stirs in Tokyo as Traders Weigh July Policy Tweak
Hidden beneath convulsions in the global bond and currency market is an emerging sense of caution about the
2023-07-13 10:53
Turkey hikes interest rates but disappoints markets
Turkey's central bank hiked its main interest rate for the second month in a row on Thursday but analysts said the unwinding of President Recep Tayyip Erdogan's unconventional policy...
2023-07-20 21:24
Spain Is Confident Turkey Will Give Nod to Swedish NATO Entry
Spain is confident Sweden and Turkey will break an impasse for the Nordic country to join the North
2023-07-05 00:57
Cricket World Cup May Add $2.4 Billion to Indian Economy: Bank of Baroda
The Cricket World Cup may boost host country India’s economy by as much as 200 billion rupees ($2.4
2023-10-05 14:45
Biden hails averting 'catastrophic' default in Oval Office speech
US President Joe Biden told Americans on Friday in a rare Oval Office address that the debt ceiling bill passed by Congress after weeks of wrangling saved...
2023-06-03 07:59
Russia is to launch its first mission to the moon in almost 50 years
Russia is scheduled to launch its first mission to the moon in nearly 50 years on Friday, pitting it in a space race with India which is also aiming to land a lunar craft this month
2023-08-10 23:57
Democrats look set to back 11th hour debt ceiling deal – while GOP right-wingers threaten to blow it up
House Speaker Hakeem Jeffries sounded confident that Congress would vote to avert a default on the US’s obligations on Sunday, hours after news broke that the White House had reached a deal with Republican leadership to raise the debt ceiling. The “agreement in principle” was announced Saturday evening after much of the House of Representatives and Senate had left for the Memorial Day weekend. A handful remained in Washington to continue negotiations ahead of the deadline; the US Treasure Department estimates that the federal government’s ability to pay its debts will be in question come 1 June — this Thursday. Mr Jeffries spoke on CBS’s Face the Nation on Sunday. While he cautioned that he had not seen the actual text of the bill, which is reportedly set to cap funding for the US government (except for the military) through 2024, he offered a simple “yes” when asked directly if he could guarantee that the US would avert default. It’s a statement that will likely mean a sigh of relief for those Americans worried about the effects that a credit downgrade would have on the US economy, though that remains a possibility thanks to the toxic partisanship that brought the US to this point in the first place, but also one that may frustrate progressives and other Democrats who may see the development as Democrats giving in to the GOP’s demands. The deal does stave off further debt ceiling negotiations until 2025, but many on the left simply wish to do away with the limit altogether. And there’s already signs that many on the conservative right do not like the deal, with some even calling any legislation that raises the debt limit a non-starter. Their opposition within the GOP’s slim House majority necessitates votes from Democrats to pass this deal or any other. More follows...
2023-05-28 23:49
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