An intervention in the stock market. Liquidity injections by the central bank. More curbs on short selling. And yet, Chinese stocks can’t escape the real estate sector’s spiral of gloom.
US President Joe Biden said Hamas attacked Israel in part to stymie its efforts to normalize relations with Saudi Arabia, his most illuminating comments yet on the impetus for the crisis in the Middle East.
A refusal by the US to clarify when it would remove punitive trade measures against the European Union is a key reason the transatlantic allies failed to reach an accord on steel trade this week that would have resolved a Trump-era dispute, according to the bloc’s chief trade negotiator.
Prime Minister Justin Trudeau said “many countries” are concerned about India forcing 41 Canadian diplomats to leave, adding the move will primarily punish the vast number of Indians and Canadians with ties between the two countries.
United Auto Workers President Shawn Fain indicated Friday that he is close to a deal with all three unionized automakers, but also warned that getting to the finish line could require striking more plants to pressure the companies into some final concessions.
Heidelberg Materials AG is the mystery bidder for Summit Materials Inc. that could potentially upend the US cement maker’s deal for the North American arm of Cementos Argos, people with knowledge of the matter said.
Hamas militants freed an American woman and her daughter almost two weeks after they were taken captive during the group’s deadly raid on southern Israel, the Israeli government said.
A Federal Reserve report flagged concerns about the risks of persistent inflation, the potential for large losses in the US office market and funding pressures on some banks.
Republicans abandoned Trump loyalist Jim Jordan on Friday as their nominee for House speaker, infuriating conservative hardliners and deepening turmoil among lawmakers as they confront emergency aid requests for Israel and Ukraine.
Belgian Justice Minister Vincent Van Quickenborne resigned after a Tunisian shot and killed two football fans in Brussels, saying a judicial lapse that allowed the man to stay in the country was an “unforgivable” error.
