Former US Secretary of State Henry Kissinger said he believes military conflict between China and Taiwan is likely if tensions continue on their current course, though he still holds out for dialogue that will lead to deescalation — as he’s been urging.
European gas prices rose in a day of extreme volatility, as the Netherlands prepared to permanently close a major field, outages tightened regional supplies and a heat wave boosted demand.
Assicurazioni Generali SpA has agreed to acquire a group of European businesses from US insurer Liberty Mutual Holding Co. for €2.3 billion ($2.5 billion), as part of its plan to expand in non-life insurance.
The world’s oceans were the warmest on record in April and May, a development that could mean more severe weather over the next few months and trigger a rise in sea levels.
President Joe Biden’s deal with congressional Republicans staved off a federal default crisis for another two years — but also evaporated hopes for now of ending debt ceiling battles once and for all, legal experts and White House allies say.
Consumer spending at restaurants in the US may finally be starting to level off following the pandemic-reopening boom, according to the latest data on retail sales and consumer prices.
Kroger Co. dropped as revenue growth slowed, signaling the end of a long sales boom spurred by the pandemic.
Peru’s economy grew much less than expected in April, in a blow to the country’s government which has been focused on increasing growth after crippling protests.
The US Supreme Court rejected a sweeping challenge to a 1978 law that gives preference to Native Americans in adopting and fostering American Indian children.
London-headquartered Molten Ventures Plc de-valued its holdings in digital finance companies Ledger and Revolut Ltd., signaling venture capital firms are becoming more cautious toward technology startups and the crypto sector.
