Vice President Harris tests positive for COVID-19, not symptomatic
U.S. Vice President Kamala Harris tested positive for COVID-19 on Tuesday but is not exhibiting symptoms, a spokesperson said, at a time when there has...
EXCLUSIVE New GM union in Mexico seeks 19.2% wage hike in historic talks
The new independent labor union at General Motors Co's (GM.N) largest plant in Mexico is seeking a 19.2% wage increase, citing surging inflation, and the U.S. carmaker...
Wall Street tumbles; Alphabet and Microsoft drop ahead of reports
Wall Street tumbled on Tuesday, led lower by the Nasdaq as investors worried about slowing global growth and a more aggressive Federal Reserve, and with...
More than half of Americans have had COVID infections -antibody study
Following the record surge in COVID-19 cases during the Omicron-driven wave, some 58% of the U.S. population overall and more than 75% of younger children...
Funding obscured: The family office behind Musk’s $44 bln Twitter buyout
The small family office that is managing the wealth of the world's richest person and is helping put together the largest-ever acquisition to be carried...
Office rental firm IWG’s shares fall after inflation warning
London-listed office rental firm IWG (IWG.L) warned it could face higher costs this year due to soaring inflation, overshadowing stronger quarterly revenue and sending its shares down...
UK housebuilder Taylor Wimpey sees persistent high demand despite inflation woes
Britain's Taylor Wimpey (TW.L) on Tuesday shrugged off fears of stubborn inflation leading to a slowdown in the housing sector as the country's third-largest homebuilder forecast sustained...
Be simple in bank capital, Bank of England tells global regulators
The complex system of bank capital buffers could be radically simplified to encourage banks to keep lending in a downturn, Bank of England (BoE) Deputy...
UK’s Sunak faces new headache as borrowing figures overshoot forecast
British government borrowing in the recently ended 2021/22 financial year was almost 20% higher than forecast by the country's budget office last month, according to...
P&O ferry requires escort after mechanical difficulties off N.Ireland
A passenger ferry operated by P&O, the troubled company struggling to maintain its service,suffered a "temporary mechanical issue" on a crossing to Northern Ireland that...