Debt ceiling deal exposes Biden and McCarthy's weaknesses with their parties' extremes
President Joe Biden and House Speaker Kevin McCarthy convinced themselves of a compromise deal to slow federal spending and replenish the near-empty treasury with borrowed cash.
2023-05-30 12:23
Europe’s Unwanted Coal Heads to China and India as Heat Builds
Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures
2023-05-30 11:56
Niche Commodities Sound Alarm in Every Corner of China’s Economy
A peek at five often overlooked raw materials markets shows how China’s stuttering recovery extends to almost every
2023-05-30 10:21
Namibia Considers Taking Stakes in Mining and Petroleum Companies
Namibia is considering taking minority stakes in mining and petroleum production companies amid increasing concerns over local ownership
2023-05-30 10:19
Asia Stocks Set for Cautious Open Before Debt Vote: Markets Wrap
Asian equities were poised for a cautious open Tuesday as White House and Republican congressional leaders stepped up
2023-05-30 06:58
Canada, Quebec to provide about C$300 million for GM-POSCO battery materials facility
OTTAWA Canada's federal government and the Quebec province will each provide about C$150 million ($112 million) for a
2023-05-30 05:45
Lawmakers race to secure US debt deal votes as deadline looms
A deal to raise the debt ceiling must now pass in the narrowly-divided House of Representatives.
2023-05-30 02:58
31 billionaires are worth more than the US Treasury has in cash
Cash levels at the US Treasury are tumbling toward a dangerously low level as Washington waits until the last minute to raise the debt ceiling.
2023-05-30 01:58
Corporate America celebrates debt ceiling deal and urges Congress to quickly pass legislation
Leading business groups are praising President Joe Biden and House Speaker Kevin McCarthy for forging a bipartisan agreement to raise the debt ceiling, and they are calling for Congress to pass the legislation before the government suffers a devastating default.
2023-05-29 22:59
Bola Tinubu inauguration: Fuel subsidy removed in Nigeria
Bola Tinubu makes a major policy announcement in his inaugural address.
2023-05-29 22:47
Five Key Charts to Watch in Global Commodities This Week
Copper and European natural gas futures prices are both in the midst of multiweek losing streaks, while oil
2023-05-29 22:21
US House Rules panel to meet Tuesday on debt ceiling bill
By Kanishka Singh WASHINGTON (Reuters) -The U.S. House Rules Committee said it will meet on Tuesday afternoon to discuss the
2023-05-29 21:52