German rail passengers face the prospect of more travel disruption, potentially including unlimited strikes, after wage talks between Deutsche Bahn AG and the EVG labor union broke down late Wednesday.
Former Bank of England Governor Mark Carney voiced support for the surprise decision to raise the benchmark lending rate a half point Thursday, saying it’s right that officials get a grip on rising prices.
India will continue to build more coal-fired power capacity to feed its booming energy demand even as it expands renewable generation.
US unemployment benefit applications were unchanged last week at the highest level since October 2021, suggesting the labor market is cooling somewhat.
A hot-weather blast will take hold of London this weekend, with parts of the south and east of the UK facing a potential heat wave.
Doug Merritt will lead cloud networking provider Aviatrix Systems.
Brazil’s central bank kept its key interest rate unchanged at a six-year high and stopped short of endorsing imminent reductions, frustrating a growing campaign for looser monetary policy from President Luiz Inacio Lula da Silva, business leaders and top politicians.
US equities are in for a tumultuous second half of the year as the lagging impacts of aggressive monetary tightening by the Federal Reserve catch up to the economy, according to JPMorgan Chase & Co.’s Marko Kolanovic.
The European Union is pushing the US for further remedies to address issues related to President Joe Biden’s massive green subsidies package, as the two partners seek to avoid a trade dispute.
Barings LLC is leading a $150 million investment in Accelerant, valuing the insurance-related business at $2.4 billion.
