Russia’s foreign minister hinted that Moscow won’t back another extension of the Black Sea safe-transit deal that’s allowed Ukraine to export millions of tons of grain since last summer. Sergei Lavrov said the agreement has become “commercial,” repeating a talking point used regularly by him and President Vladimir Putin – that not enough of the grain has been shipped to poor countries. The pact is up for renewal July 17.
HSBC Holdings Plc Chief Executive Officer Noel Quinn is facing pressure from senior politicians on both sides of the Atlantic to explain why the bank has denied some Hong Kong expatriates access to their retirement funds.
Pacific storm Beatriz strengthened into a hurricane along Mexico’s west coast, where it could come ashore late Friday or early Saturday with storm surge, heavy rains and high winds.
French President Emmanuel Macron called on parents and social media platforms to help bring an end to violence that has swept the country since the police killing of a 17-year-old and has resulted in the arrest of hundreds of young people.
Treasury Secretary Janet Yellen reiterated her optimism about the US economy, saying inflation can slow down without a slump in employment, even if growth cools.
A week after an abortive uprising by a mercenary chief shook his authority, Vladimir Putin’s efforts to reassert his control are showing cracks.
Riots broke out in France this week after a 17-year-old named Nahel M was killed by police in the town of Nanterre, to the west of Paris. Authorities arrested 875 people overnight Thursday, mostly teenagers, and are considering all options as they seek to restore order.
Walt Disney Co.’s ESPN is laying off about 20 on-air employees, part of an effort to shore up its finances before the sports media giant faces greater scrutiny from investors.
It’s practically a law of markets: when stock prices rise, stock volatility falls. But lately the relationship has been breaking down, and the sleuths are out trying to explain why.
The opening of a new crypto exchange backed by Citadel Securities has unleashed a speculative mania in Bitcoin Cash, an offshoot of the original digital token, with interest especially high among traders in South Korea.
