
White House, Republicans seek to close US debt-ceiling deal as deadline nears
By Moira Warburton and Andy Sullivan WASHINGTON The White House and congressional Republicans on Thursday are expected to
2023-05-25 18:18

Nasdaq futures jump as Nvidia leads AI-driven rally
Nasdaq futures jumped more than 1% on Thursday, led by a surge in Nvidia after a blowout forecast,
2023-05-25 17:26

McCarthy set to send the House home without a debt limit deal
House Speaker Kevin McCarthy appears set to send members home after votes on Thursday, signaling that debt negotiations with the White House will continue as the risk of a first-ever default grows.
2023-05-25 17:24

Germany in recession as inflation, higher interest bite
Germany fell into a recession around the turn of the year, official figures published Thursday showed, as inflation and higher interest rates curbed...
2023-05-25 15:46

Laggard Italy battles EU over green car transition
Italy's nationalist government is leading the revolt against EU plans to tighten vehicle emissions limits, vowing to defend the automotive industry in a country still...
2023-05-25 15:26

Erdogan party split on economic plan as Turkey runoff looms, sources say
By Ebru Tuncay, Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) -Days before Turkey's runoff presidential election, there is disagreement and
2023-05-25 13:48

Exclusive-From Russia with gold: UAE cashes in as sanctions bite
By Peter Hobson LONDON The United Arab Emirates has become a key trade hub for Russian gold since
2023-05-25 13:21

Indonesia, Malaysia to visit Brussels over concern about EU deforestation law
JAKARTA The world's two biggest palm oil producers Indonesia and Malaysia will send top officials to the European
2023-05-25 11:51

China steps up response to US chip moves but economic reality limits how far
Beijing's restrictions on American chipmaker Micron in retaliation to sweeping US chip curbs marks a major step up in its response to Washington's pressure and could open the door for further...
2023-05-25 11:48

Most markets down as US debt impasse sparks Fitch ratings warning
Most Asian equities sank Thursday on fears of a US default as the struggle to hammer out a debt deal led Fitch to warn the country's...
2023-05-25 11:24

US, Microsoft warn Chinese hackers attacking 'critical' infrastructure
State-sponsored Chinese hackers have infiltrated critical US infrastructure networks, the United States, its Western allies and Microsoft said Wednesday while warning that similar espionage...
2023-05-25 11:20

Silicon Valley Bank: 500 jobs cut by new owner First Citizens
The move comes two months after SVB's collapse triggered fears of a banking crisis.
2023-05-25 11:18
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