COVID-19 vaccine maker Novavax to chop workforce, expenses
Novavax is cutting about a quarter of its global workforce as the COVID-19 vaccine maker seeks to slash expenses while dealing with uncertain future revenue
2023-05-10 01:18
Spanish Civil Guard raid illegal wells amid drought
Spain’s Civil Guard says it has arrested 26 people in raids on illegal wells in the Andalusia region, as part of a widening crackdown on unauthorized water use amid a prolonged drought
2023-05-09 22:48
Goldman settles gender discrimination suit for $215 million
Goldman Sachs has agreed to pay $215 million to settle a years-long class action lawsuit that claimed the bank discriminated against women when it came to pay, performance evaluations and promotions
2023-05-09 22:21
EU takes aim at countries helping Russia to avoid sanctions
European Commission President Ursula von der Leyen is urging EU member nations to take trade measures against countries that help the Kremlin circumvent the bloc’s sanctions against Russia
2023-05-09 21:57
Saudi Aramco's 1st quarter profit down about a fifth to $31B
Oil giant Saudi Aramco has reported a first-quarter profit of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns
2023-05-09 21:48
UK official visits Hong Kong after years of strained ties
The first British minister visiting Hong Kong in five years said his country will not “duck” its historic responsibilities to people living in its former colony while engaging with China in areas they share common interests
2023-05-09 20:45
Australia forecasts first annual budget surplus in 15 years
The Australian government has forecast the nation’s first balanced annual budget in 15 years but warns that economic pressures such as persistent inflation will sink the country into deeper debt
2023-05-09 19:24
Explainer-Why the EU is restricting grain imports from Ukraine
(Repeats for additional subscribers) LONDON The European Commission has announced restrictions on the imports of Ukrainian wheat, maize,
2023-05-09 19:15
What to watch for in the Biden-McCarthy debt ceiling meeting
By Jarrett Renshaw and Trevor Hunnicutt WASHINGTON U.S. President Joe Biden meets Republican House Speaker Kevin McCarthy and
2023-05-09 17:15
Stock market today: Global shares decline ahead of reports
Global shares are mostly lower as investors take a wait-and-see view on the week ahead, including stubbornly high inflation across the economy
2023-05-09 16:46
China's shrinking imports, slower exports growth darken economic outlook
By Joe Cash BEIJING China's imports contracted sharply in April, while exports rose at a slower pace, reinforcing
2023-05-09 15:28
Deal or default? Biden, GOP must decide what's on the table
Before President Joe Biden and congressional leaders can even try to avert an unprecedented U.S. government default, their initial challenge on Tuesday will be to agree on what exactly they’re talking about as they hold their first substantive meeting in months
2023-05-09 12:29