Air-raid sirens sounded in northern Israel and local residents were told to go to bomb shelters, but authorities later said reports of an “airspace intrusion” from Lebanon were a false alarm.
Ajay Banga, the World Bank’s new president, said the lender must become faster, more efficient and eventually larger so that it can help fund some of the trillions of dollars in global development needs and maintain its relevancy in the coming decades.
Here are key takeaways from minutes of the Federal Reserve’s Sept. 19-20 meeting, released Wednesday:
European Commissioner Thierry Breton warned some of Silicon Valley’s top social media players that Europe requires them to take prompt action to stop the spread of disinformation about the Israel-Hamas war.
The resilience of Israel’s debt issuers is at stake if a conflict stretches on, impairing economic activity and policymaking, according to Moody’s Investors Service.
Global creditors are increasingly at odds over how to level the playing field among lenders when governments default, jamming up efforts led by the International Monetary Fund to expedite sovereign debt restructurings.
The largest public pension fund in the US is looking hire a new chief investment officer by early next year following the surprise resignation of its previous leader less than 18 months on the job.
Automaker Stellantis NV and miner Rio Tinto Group are upping their investments in a giant copper deposit in Argentina as the race for metals used in electric vehicles heats up.
A group of New York lawmakers moved Wednesday to expel fellow Republican George Santos from the US House, marking a potential turning point in the saga of the freshman congressman whose alleged fraud and fabrications led to criminal charges and national notoriety.
Less than a month after Cboe Global Markets Inc. named a new chief executive officer, Arianne Adams left the company and Catherine Clay was named to take on her responsibilities as global head of derivatives.
