Finland’s anti-immigrant Finns Party put forth its leader Riikka Purra as the Nordic country’s next finance minister in the new cabinet that pledges to fix the Nordic nation’s ballooning debt.
Ford Motor Co. Executive Chairman Bill Ford Jr. said the US is “not quite yet ready” to compete with China in the production of electric vehicles and said his company is taking an “all hands on deck” approach to prepare.
Secretary of State Antony Blinken had “candid” talks with his Chinese counterpart in Beijing, the two countries said, as both looked to project a positive but cautious tone about a visit that’s meant to bring some semblance of normalcy back to a strained relationship.
Republican presidential contender Chris Christie said the Republican National Committee’s requirement for candidates to support the eventual 2024 nominee is a “useless idea,” adding to criticism following the indictments of GOP front-runner Donald Trump.
Ukraine’s bid to drive Kremlin forces out of the east and south of the country continues. Kyiv’s troops on Sunday captured the village of Piatykhatky in the southeastern Zaporizhzhia region, after days of fighting, according to a Russian military bloggers and a Moscow-appointed official. While Ukraine’s military hasn’t commented, it claimed a hit on a “significant” ammunition depot in Rykove in the Kherson region. Video was posted on social media of a large fire; the footage couldn’t be independ
SVB Financial Group agreed to sell SVB Securities, its investment banking business, to the management team bidder group led by SVB Securities Chief Executive Officer Jeff Leerink.
Saudi Arabia’s Public Investment Fund is creating a new entity to attract pharmaceutical and biotech companies to invest in drug manufacturing as the kingdom seeks to accelerate a shift away from reliance on oil sales.
Swiss voters backed raising corporate taxes for large multinationals to the 15% minimum level agreed by OECD countries and signed off on the government’s climate goals.
For a company with “gold” in its name, Barrick Gold Corp. has become noticeably fixated on copper.
If a recession is going to come in the next 12 months — and most economists surveyed by Bloomberg say it probably is — then President Joe Biden should hope it begins sooner rather than later.
