UN forecasts world economic growth of 2.3% in 2023, 2.5% in 2024
UNITED NATIONS Global economic growth is projected to be 2.3% in 2023, up 0.4 percentage points from a
2023-05-17 00:56
Brazil's Petrobras scraps international price peg
Brazilian state-run oil company Petrobras said Tuesday it has ended its policy of pegging fuel prices to the international market, an overhaul promised by President Luiz Inacio Lula da Silva...
2023-05-17 00:52
Monopoly concerns push FTC to sue to block Amgen's more than $26B deal for Horizon
Federal regulators are suing to block biotech drug developer Amgen’s more than $26 billion deal for Horizon Therapeutics
2023-05-17 00:51
US announces criminal cases involving flow of technology, information to Russia, China and Iran
The Justice Department has announced a series of criminal cases tracing the illegal flow of sensitive technology, including Apple’s software code for self-driving cars and materials used for missiles, to foreign adversaries like Russia, China and Iran
2023-05-17 00:50
OpenAI, IBM Urge Senate to Act on AI Regulation After Past Tech Failures
Executives from two major AI companies asked senators on Tuesday to pass regulations for the ground-breaking but nascent
2023-05-17 00:26
Second death of detainee in Venezuela graft probe
A second detainee arrested in a huge anti-corruption investigation in Venezuela has died, the country's attorney general...
2023-05-17 00:20
Yellen to meet with Jamie Dimon and other bank CEOs on Thursday as debt ceiling crisis looms
With time running out to reach a deal on the debt ceiling, Treasury Secretary Janet Yellen plans to meet with bank CEOs on Thursday afternoon in Washington, sources tell CNN.
2023-05-17 00:17
US bank regulators vow tougher rules, oversight after bank failures
By Pete Schroeder and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve is eyeing stricter rules on banks over $100 billion
2023-05-17 00:16
US Senate hearing on China to draw rare Biden cabinet trio
By Patricia Zengerle WASHINGTON (Reuters) -Three of President Joe Biden's cabinet members will testify on China policy at a U.S.
2023-05-17 00:15
Factbox-Amgen-Horizon deal joins mega mergers facing regulatory heat
A U.S. antitrust regulator said on Tuesday it will sue to stop Amgen's $27.8 billion deal for Horizon
2023-05-16 23:59
Lawsuit filed against Twitter, Saudi Arabia; claims acts of transnational repression committed
A humanitarian aid worker who used an anonymous Twitter account to mock Saudi Arabia about its economy has filed a federal racketeering lawsuit against the social media platform, the kingdom and a number of individuals alleging an attempt to silence critics overseas
2023-05-16 23:59
Heads of failed banks questioned on executive pay, how they handled risk at Senate hearing
Executives from two large U.S. banks that failed dramatically in March are appearing in front of the Senate Banking Committee on Tuesday to respond to questions about why their banks went under and what regulators could have done to avoid the calamities
2023-05-16 23:50