Russia says it downed 3 drones outside Moscow, suspects it was attack by Ukraine
Russian authorities say two drones have crashed outside Moscow as they were approaching the warehouses of a local military unit
2023-06-21 16:59
Stock market today: Asian shares mostly lower, tracking Wall Street retreat
Shares are mostly lower in Asia after Wall Street benchmarks retreated following the S&P 500's rise to its highest level since the spring of last year
2023-06-21 16:24
Cooperation or competition? China's security industry sees the US, not AI, as the bigger threat
China’s security and surveillance industry is now focused on shoring up its vulnerabilities to the United States and other outside actors, worried about risks posed by hackers, advances in artificial intelligence and pressure from rival governments
2023-06-21 16:22
UK borrowers brace for more expensive loans as inflation fails to fall as anticipated
Official figures show that consumer price inflation across the U.K. is unchanged at 8.7% in the year to May against expectations for a modest decline, a development that is likely to see the Bank of England raise the cost of borrowing again
2023-06-21 15:51
Paris summit aims to shake up the financial system. It will test leaders' resolve on climate
Heads of state, finance leaders and activists are converging in Paris to seek ways to overhaul the International Monetary Fund and World Bank and usher the global development banks into a post-pandemic world with a rapidly changing climate
2023-06-21 14:53
Wisconsin lawmakers poised to approve liquor law overhaul
Wisconsin lawmakers are poised to approve a massive overhaul of the laws governing the state’s multibillion-dollar liquor industry, changes that are supported by small craft brewers, like the makers of Spotted Cow beer, bar owners and alcohol distributors
2023-06-21 13:23
Powell to face Capitol Hill hearing at a time of rising uncertainty over Fed's interest-rate plans
Federal Reserve Chair Jerome Powell will begin two days of hearings before Congress on Wednesday that will likely focus on the question that consumed the central bank last week: How far and how fast will the Fed raise its key interest rate from here
2023-06-21 12:22
Foreign companies are shifting investment out of China as confidence wanes, business group says
A business group says foreign companies are shifting investment and their Asian headquarters out of China as confidence plunges following the expansion of an anti-spying law and other challenges
2023-06-21 09:46
Singapore ride-hailing firm Grab slashes 1,000 jobs in biggest layoff since pandemic
Singapore ride-hailing firm Grab Holdings said it is cutting over 1,000 jobs or 11% of its workforce to cut costs and keep the company competitive, in its biggest round of job cuts since the pandemic
2023-06-21 08:56
Build begins on Wyoming-to-California power line amid growing wind power concern
Wyoming and federal officials formally kicked off construction Tuesday of a massive transmission line project to export wind power from Wyoming to southern California
2023-06-21 08:30
Warren Buffett's firm raises stakes in Japanese trading houses as Nikkei hot streak continues
Billionaire Warren Buffett's company increased its investments in five major Japanese trading houses for the second time this year to give Berkshire Hathaway control of 8.5% of each of those conglomerates
2023-06-21 07:54
Twitter employees sue social media company over bonuses they say weren't paid despite promises
Current and former employees are suing Twitter over bonuses they say the social media company failed to pay despite promises it would
2023-06-21 06:58