Sri Lanka president vows to conclude debt-restructuring talks by Sept or Nov
By Tetsushi Kajimoto TOKYO (Reuters) -Debt-laden Sri Lanka should be able to conclude a new round of restructuring talks by
2023-05-25 19:29
Cineworld eyes bankruptcy exit in July as most lenders back restructuring plan
(Reuters) -Cineworld expects to emerge from Chapter 11 bankruptcy protection in July, the British cinema chain operator said on Thursday,
2023-05-25 18:59
Germany economy shrinks in first quarter, signaling one definition of recession
The German economy has shrunk unexpectedly in the first three months of this year, marking the second quarter of contraction that is one definition of recession
2023-05-25 18:49
White House, Republicans seek to close US debt-ceiling deal as deadline nears
By Moira Warburton and Andy Sullivan WASHINGTON The White House and congressional Republicans on Thursday are expected to
2023-05-25 18:28
Stock market today: World shares decline on worries over US debt; Germany slips into recession
Shares are mostly lower in Europe and Asia as investors watch for signs of progress on a deal to avert a default on U.S. government debt
2023-05-25 17:29
Nasdaq futures jump as Nvidia leads AI-driven rally
Nasdaq futures jumped more than 1% on Thursday, led by a surge in Nvidia after a blowout forecast,
2023-05-25 17:26
McCarthy set to send the House home without a debt limit deal
House Speaker Kevin McCarthy appears set to send members home after votes on Thursday, signaling that debt negotiations with the White House will continue as the risk of a first-ever default grows.
2023-05-25 17:20
IEA: Shift to clean energy accelerating, but coal investments too high to meet climate goals
The International Energy Agency says energy security concerns and policy support from rich countries are speeding up reliance on clean energy, but investments in coal power are on course to be nearly six-times beyond what is needed for the world to meet targets for achieving “net zero” carbon emissions
2023-05-25 15:48
German economy enters recession
BERLIN (Reuters) -The German economy contracted slightly in the first quarter of 2023 compared with the previous three months, thereby
2023-05-25 14:57
Companies find it's not so simple to leave Russia; some quietly stay put
When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately
2023-05-25 14:50
Hong Kong-flagged vessel briefly runs aground in Egypt's vital Suez Canal, later refloated
A Hong Kong-flagged ship briefly ran aground in Egypt’s vital Suez Canal, though authorities said they were able to refloat it after it momentarily disrupted the waterway
2023-05-25 14:47
California unlikely to run short of electricity this summer thanks to storms, new power sources
California regulators say the state is unlikely to run short of electricity this summer, thanks to new power sources and a wet winter that filled reservoirs to restart hydroelectric power plants shuttered during the drought
2023-05-25 14:20