Europe's Heatwave Reaches Poland, Greece As It Moves Eastwards, Brings Wildfires
The vast heatwave covering swathes of Europe moved steadily eastwards on Thursday, forcing countries including Italy, Poland and Slovenia to issue their highest heatwave alerts as firefighters battled wildfires across the continent.
U.S. Charges Ex-Coinbase Manager In First Crypto Insider Trading Case
A former product manager at Coinbase Global and two others have been charged with wire fraud in the first insider trading case involving cryptocurrency, U.S.
Biden Says 'Doing Great' After Positive Covid Test
Biden says 'doing great' after positive Covid test
Ukraine War Must End To Prevent Nuclear 'Abyss', Lukashenko Tells AFP
Ukraine war must end to prevent nuclear 'abyss', Lukashenko tells AFP
Tears, And Some Jeers, As Italy's Draghi Resigns
Even for a country like Italy, which is steeped in political intrigue and used to revolving-door governments, the abrupt resignation of Prime Minister Mario Draghi has stunned the nation.
Pelosi Faces Pushback On Potential Trip To Taiwan
Pelosi faces pushback on potential trip to Taiwan
Biden Says He Is 'Doing Well,' Working After Testing Positive For COVID
Joe Biden, the oldest person ever to serve as president of the United States, has tested positive for COVID-19, is experiencing mild symptoms and will continue working but in isolation, the White House said on Thursday.
Biden Tests Positive For COVID, Has Mild Symptoms, Taking Paxlovid Treatment
Joe Biden, the oldest person ever to serve as president of the United States, has tested positive for COVID-19, is experiencing mild symptoms and will continue working but in isolation, the White House said on Thursday.
Europe's Power System Feels The Heat As Cooling Demand Soars
Just as Europe is racing to store enough gas to see it through winter, its power system is being strained by sweltering summer temperatures, forcing air conditioners into action and drying up rivers needed to cool nuclear plants.
Private Equity Firms Pounce To Take Companies Private
More private equity firms are taking companies private, as lower corporate valuations make it easier to lure businesses away from the stock market at bargain prices.
Former Minneapolis Police Officer Jailed For 2-1/2 Years In George Floyd Case
A former Minneapolis officer was sentenced to 2-1/2 years in prison on federal charges stemming from his role in the killing of George Floyd, a Black man whose death sparked protests around the world against racial injustice, a court spokesperson said.
Former Minneapolis Police Officer To Be Sentenced In Federal Court In George Floyd Case
A former Minneapolis police officer was scheduled to be sentenced on Thursday on federal charges stemming from his role in the death of George Floyd, an incident that sparked protests around the globe against police brutality and racism.
Strong Results Lift Europe's STOXX 600; ECB Hikes Rates 50 Bps
Europe's STOXX 600 share index rose on Thursday, boosted by a run of upbeat corporate results although gains were limited as investors digested an oversized ECB interest-rate hike amid growing worries about a recession.
Euro Zone Stocks Choppy As ECB Starts Rate Hike With A Big Stride
Euro zone stocks slipped in volatile trading on Thursday as investors assessed the impact of an aggressive 50 basis point interest-rate hike by the European Central Bank amid growing worries about a recession and a political turmoil in Italy.
Lula Courts Brazil's Farmers Ahead Of Vote, Angering Environmentalists
Former President Luiz Inacio Lula da Silva is luring allies from Brazil's powerhouse farm sector to his presidential campaign, looking to fracture his rival's base in a move that risks tensions with his own environmentalist supporters.
Analysis-Aviation Sector Feels Heat On Emissions At Air Show
Record temperatures at the Farnborough Airshow this week have ratcheted up pressure on global aviation to shrink airplane emissions and turn a raft of potential solutions - many of which are yet to be proven - into reality.
Samsung Elec Seeks Tax Breaks On $192 Billion Potential Chip Plants In Texas
Samsung Electronics has begun applications for tax breaks for 11 potential chip plants in Texas adding up to investments of about $192 billion, according to documents filed with Texas authorities.
U.S. Jobless Benefits Rolls Grow; Key Factory Output Gauge Slumps
The number of Americans enrolling for unemployment benefits rose for a third straight week last week to the highest in eight months and a closely watched gauge of factory activity slumped this month, the newest indications the U.S.
Amazon Strikes $3.5 Billion Deal For One Medical In Long March Into U.S. Healthcare
Amazon.com Inc on Thursday agreed to buy primary care provider One Medical for $3.49 billion, expanding the e-commerce giant's virtual healthcare and adding brick-and-mortar doctors' offices for the first time.
Amazon Builds Healthcare Muscle With $3.49 Billion One Medical Deal
Amazon.com Inc on Thursday agreed to buy primary care provider One Medical for $3.49 billion, expanding the e-commerce giant's virtual care presence and adding some brick-and-mortar doctors' offices to its healthcare arsenal.
EU Plan To Curb Gas Use Faces Opposition From Countries
A European Union proposal that member countries cut gas use by 15% to prepare for possible supply cuts from Russia is facing resistance from governments, throwing into doubt whether they will approve the emergency plan.
Global Manufacturers See Chip Shortage Easing
Hyundai Motor Co, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing, executives said Thursday, in a boost for manufacturers after a long struggle for components.
UK PM Contenders Squabble Over Tax As Campaign Kicks Off
UK PM contenders squabble over tax as campaign kicks off
Italy Leads Bond Selloff As ECB Hikes Rates And Assesses New Tool
Italy led a selloff in southern European bonds on Thursday, after the European Central Bank delivered its first interest rate hike since 2011 but left some disappointed with an announcement on a new tool to contain debt market stress.
Freeport-McMoRan Misses Profit Estimates On Lower Copper Prices
Freeport-McMoRan Inc, the world's largest publicly traded copper miner, posted a lower-than-expected quarterly profit on Thursday as prices for the red metal slumped amid global recession fears and COVID-19 lockdowns in China.
Ford To Buy Lithium From Ioneer For U.S. EV Battery Plant
Ford Motor Co said on Thursday it will buy lithium from ioneer Ltd's Rhyolite Ridge mining project in Nevada and use the metal to build electric vehicle batteries in the United States.
Ford To Buy Lithium From Ioneer For American EV Battery Plant
Ford Motor Co said on Thursday it will buy lithium from ioneer Ltd's Rhyolite Ridge mining project in Nevada and use the metal to build electric vehicle batteries in the United States.
U.S. Open To Discussing Colombia Trade Deal With Next President
The Biden administration is willing to discuss the existing U.S.-Colombia trade agreement with the Andean country's next president, a senior U.S.
U.S. Open To Discussing Colombia Trade Deal With Next President -official
The Biden administration is willing to discuss the existing U.S.-Colombia trade agreement with the Andean country's next president, a senior U.S.
Ford To Buy Cheaper CATL EV Batteries To Catch Tesla
Ford Motor Co on Thursday said it will import lower-cost lithium iron batteries for its North American electric pickup trucks and SUVs from Chinese battery champion CATL, as it works on a broader alliance with CATL and an array of separate deals to secure battery and battery materials into the next decade.