India pauses plans to add new coal plants for five years, bets on renewables, batteries
The Indian government will not consider any proposals for new coal plants for the next five years and focus on growing its renewables sector, according to an updated national electricity plan released Wednesday evening
2023-06-01 19:16
Know any airplane mechanics? A wave of retirements is leaving some US industries desperate to hire
Across the U.S. economy, a number of industries are facing the same formidable challenge: Replenishing a workforce that is being diminished by a surge of retirements that began during the pandemic and has continued since
2023-06-01 18:58
Pride Month was once an easy win for brands. Now, the stakes are much higher
Companies have long embraced Pride Month in June as an uncomplicated way to market to members of the LGBTQ+ community while telegraphing progressive values. But this year won't be nearly so straightforward.
2023-06-01 18:50
China criticizes US plan for trade deal with Taiwan
China’s government has criticized the United States' plans to sign a trade treaty with Taiwan, calling on Washington to stop official contact with the self-ruled island democracy claimed by Beijing as part of its territory
2023-06-01 18:26
Debt-Limit Deal Passes the House, Easing US Default Concerns
The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints
2023-06-01 17:48
Europe sees inflation drop to 6.1%, but real relief for consumers will take months
Europe is getting a break on inflation
2023-06-01 17:27
Fear of US-China Conflict Looms Over Singapore Defense Forum
Asian leaders accustomed to straddling the US-China divide are increasingly nervous that tensions between the world’s two superpowers
2023-06-01 17:22
Euro-Area Core Inflation Eases But Won’t Stop ECB Raising Rates
Underlying inflation in the euro zone dipped by more than expected, though the retreat is unlikely to stop
2023-06-01 17:20
India, Nepal prime ministers meet to deepen ties as China's influence grows in region
Nepal’s prime minister has held talks with his Indian counterpart as India and its rival China bid for influence in the tiny Himalayan nation as part of a greater regional power struggle
2023-06-01 17:17
Russia’s Rupee Trap Is Adding to $147 Billion Hoard Abroad
A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in
2023-06-01 16:59
Larry Summers Sees UK Recession After ‘Historic Error’ on Brexit
Larry Summers has said he would be “very surprised” if the UK gets through the next two years
2023-06-01 16:55
Pakistan Moves to Ease Pressure on Rupee in Retail Market
Pakistan moved to ease pressure on the rupee in the open market, sending the currency surging in the
2023-06-01 16:51