Scholz Pledges Swift Budget Overhaul After Top Court Slapdown
German Chancellor Olaf Scholz said his government will take Wednesday’s decision by the Constitutional Court fully into account
2023-11-15 20:19
Economy has lost momentum during a tough year, EU commission says and warns of risk from Mideast
The European Union’s executive commission has lowered growth its expectations for this year and next, saying the economy “has lost momentum” as inflation discourages consumers and higher interest rates deter borrowing for purchases and investment
2023-11-15 19:56
Target puts up strong third quarter numbers with customers under pressure from inflation
Target has reported better-than-expected profits for its fiscal third quarter, benefiting from its efforts to hold down costs
2023-11-15 19:53
Germany’s Top Court Strikes Down €60 Billion Climate Funding
Germany’s top court struck down a key element of the government’s plans to address climate change and transform
2023-11-15 18:19
UK inflation falls sharply to 4.6%, lowest level in 2 years
Inflation in the U.K. dropped sharply in October to its lowest level in two years largely because last year's steep rise in domestic energy bills dropped out of the annual comparison
2023-11-15 16:27
Stock market today: Asian shares get a lift from rally in US following encouraging inflation report
Asian shares are mostly higher, cheered by a rally on Wall Street that was one of the best days of the year following a surprisingly encouraging report on inflation
2023-11-15 14:56
Asian economies must ramp up wind and solar power to keep global warming under 1.5C, report says
A German thinktank has reported that to prevent global warming from surpassing the critical threshold of 1.5 Celsius, major Asian economies must ensure they can get half of their total electricity from renewables by 2030
2023-11-15 14:26
China's economy shows sparks of life, despite persisting weakness in troubled real estate sector
China has reported its economic growth showed more signs of rekindling in October as retail sales and factory output picked up even though the property sector remained sluggish
2023-11-15 13:52
Cuban private grocery stores thrive but only a few people can afford them
Dozens of tiny grocery stores have sprung up around Cuba in recent months
2023-11-15 13:52
Biden aims for improved military relations with China when he meets with Xi
President Joe Biden and Chinese President Xi Jinping are expected to agree to restore some military-to-military communications between their armed forces
2023-11-15 13:25
Labor abuse on fishing vessels widespread, with China topping list of offenders, report says
A new report has identified nearly 500 industrial fishing vessels where workers face hazardous, forced conditions sometimes akin to slavery
2023-11-15 13:23
San Diego Padres owner Peter Seidler, who spent big in pursuit of a World Series title, dies at 63
San Diego Padres owner Peter Seidler has died
2023-11-15 11:49