Venezuela has an opportunity to resuscitate the linchpin of its economy — oil — now that punishing US

By Kevin Buckland TOKYO The Bank of Japan said on Monday it would conduct additional bond buying operations,

The Senate has passed a bipartisan agreement forged by US president Joe Biden and House speaker Kevin McCarthy to raise the $31.4 trillion US debt ceiling after the deal survived a Republican rebellion in the House of Representatives. The Fiscal Responsibility Act, which will also implement new federal spending cuts, cleared the lower chamber with 314 votes in favour and 117 against on Wednesday night. The narrowness of its passage through the House was made possible through the support of Democrats, who stepped in to thwart a Republican rebellion that badly undermined Speaker McCarthy’s claims to control over his increasingly divided party. On Thursday, the Senate rejected 11 proposed amendments before passing the bill 63 for to 36 against. Senate majority leader Chuck Schumer will now send the bill to President Biden’s desk for his signature. Full congressional approval was required before Monday 5 June, when the Treasury Department was expected to run out of funds to pay its debts for the first time in American history. Read More Underestimated McCarthy emerges from debt deal empowered as speaker, still threatened by far right Lauren Boebert didn’t turn up to vote on debt ceiling deal she furiously campaigned against What’s next for Biden-McCarthy debt ceiling deal as Senate races to beat default deadline?

Victims of Jeffrey Epstein are suing the US Virgin Islands for enabling his sex trafficking, weeks after the

A federal judge is scheduled to hear arguments in a case filed by TikTok and five Montana content creators who want the court to block the state's ban on the video sharing app before it takes effect Jan. 1

European Union energy ministers failed to agree on how to overhaul the bloc’s electricity market, with disagreement over

Indonesian President Joko Widodo has taken a test ride on Southeast Asia’s first high-speed railway, a key project under China’s Belt and Road infrastructure initiative

FONTANA, Calif.--(BUSINESS WIRE)--Oct 25, 2023--

By Ebru Tuncay, Orhan Coskun and Nevzat Devranoglu ANKARA (Reuters) -Days before Turkey's runoff presidential election, there is disagreement and

By Tuesday, thousands of Airbnb Inc. rentals in New York City may suddenly be taken off the market.

LONDON British online supermarket and technology group Ocado said on Monday its first robotic warehouse in Asia, built

UBS Group AG Chief Executive Officer Sergio Ermotti said Switzerland should have broader powers to sanction bank executives