Irish premier Leo Varadkar on Thursday said there has yet to be a breakthrough over Northern Ireland’s post-Brexit trade rules.Story Published at: January 19, 2023 at 03:11PM
Irish premier hopeful of post-Brexit trade talk breakthrough — but ‘we’re not there yet’
Yellen says Treasury is taking extraordinary measures to avoid default as U.S. hits debt limit
Story Published at: January 19, 2023 at 03:24PM
France contends with widespread strikes as unions take to streets against pension reform
Unions have made common front in widespread demonstrations across all of France. Story Published at: January 19, 2023 at 02:46PM
Former Indian central bank governor says a soft landing will be ‘very hard’ for the Fed
The U.S. Federal Reserve will find it “very hard” to engineer an economic soft landing after its cycle of aggressive interest rate hikes, according to former Reserve Bank of India Governor Raghuram Rajan.Story Published at: January 19, 2023 at 02:01PM
Jamie Dimon says rates will rise above 5% because there is still ‘a lot of underlying inflation’
Jamie Dimon believes that interest rates could go higher than what the Federal Reserve currently projects as inflation remains stubbornly high.Story Published at: January 19, 2023 at 12:02PM
Davos crypto crowd distance themselves from FTX and Sam Bankman-Fried: “It’s fraud”
Executives at Davos said the FTX collapse was not a crypto problem but alleged “fraud” by Sam Bankman-Fried. Story Published at: January 19, 2023 at 09:18AM
Ad mogul sees Meta rebounding ‘extremely strongly,’ Amazon ad revenue hitting $100bn
Advertising titan Martin Sorrell believes Meta will rebound “extremely strongly this year” and sees a promising outlook for U.S. tech giants, despite a bruising 2022 and mass layoffs.Story Published at: January 19, 2023 at 09:20AM
Top pharma CEO says Covid likely to become endemic, urges investment in pandemic preparedness
Novartis CEO Vas Narasimhan made clear that world leaders must learn from the coronavirus crisis to be in a better place for future pandemics.Story Published at: January 19, 2023 at 08:31AM
Snow forces Britain’s Manchester Airport to shut runways
The U.K.’s Manchester Airport said it has temporarily closed both runways following a period of “heavy snow fall.”Story Published at: January 19, 2023 at 08:17AM
China tightens media control with tiny stakes in two Alibaba units
State-backed entities have taken tiny stakes in parts of two Alibaba subsidiaries that oversee a video platform and web browser.Story Published at: January 19, 2023 at 04:55AM