Russia, China foreign ministers set for BRICS meet in South Africa with war in Ukraine on agenda
The Russian and Chinese foreign ministers are set to meet with their counterparts from the BRICS economic bloc of developing nations in South Africa on Thursday
2023-06-01 20:53
Court rules Austria can't be held liable for early COVID infection at ski resort
An Austrian federal court says the state can’t be held liable for a COVID-19 infection from an outbreak at an Alpine ski resort as the coronavirus pandemic hit Europe The Supreme Court of Justice on Thursday announced its verdict in a long-running legal battle involving a German resident who traveled to Ischgl in March 2020 and visited several apres-ski venues before returning home six days later
2023-06-01 20:45
Recession ahead? By this metric, one's already here: Earnings shrink and Wall St fears worse to come
The latest round of corporate earnings is leaving Wall Street with a confounding sense of relief and lingering anxiety
2023-06-01 20:18
US turns up pressure on air bag inflator company that refuses a recall despite deaths, injuries
The U.S. government is stepping up its quest to force ARC Automotive Inc. to recall 67 million potentially dangerous air bag inflators by ordering the company to answer questions under oath
2023-06-01 20:17
Macy's slashes expectations for the year after a pullback by shoppers in the spring
Macy’s slashed its annual profit and sales outlook with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation
2023-06-01 19:51
Renewable energy surges, driven by solar boom and high fuel prices, report finds
The world is set to add a record amount of renewable electricity capacity this year as governments and consumers seek to offset high energy prices and take advantage of a boom in solar power
2023-06-01 19:23
India pauses plans to add new coal plants for five years, bets on renewables, batteries
The Indian government will not consider any proposals for new coal plants for the next five years and focus on growing its renewables sector, according to an updated national electricity plan released Wednesday evening
2023-06-01 19:23
Know any airplane mechanics? A wave of retirements is leaving some US industries desperate to hire
Across the U.S. economy, a number of industries are facing the same formidable challenge: Replenishing a workforce that is being diminished by a surge of retirements that began during the pandemic and has continued since
2023-06-01 18:58
China criticizes US plan for trade deal with Taiwan
China’s government has criticized the United States' plans to sign a trade treaty with Taiwan, calling on Washington to stop official contact with the self-ruled island democracy claimed by Beijing as part of its territory
2023-06-01 18:19
Debt-Limit Deal Passes the House, Easing US Default Concerns
The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints
2023-06-01 17:49
Europe sees inflation drop to 6.1%, but real relief for consumers will take months
Europe is getting a break on inflation
2023-06-01 17:28
India, Nepal prime ministers meet to deepen ties as China's influence grows in region
Nepal’s prime minister has held talks with his Indian counterpart as India and its rival China bid for influence in the tiny Himalayan nation as part of a greater regional power struggle
2023-06-01 17:21