US stocks are back in a bull market and the American economy has consistently outperformed expectations, leading some firms to suggest the threat of recession has eased, if not altogether passed.
Illumina Inc.’s board accepted the resignation of Chief Executive Officer Francis deSouza, handing a victory to activist investor Carl Icahn who had been seeking his removal.
Wagner group founder Yevgeny Prigozhin said his mercenary forces fighting in Ukraine won’t sign contracts with Russian Defense Ministry, pushing back on a new requirement aimed at formalizing the nation’s volunteer formations.
Federal Reserve officials are ready to take a breather after more than a year of driving up interest rates, a move that’s likely to be accompanied by a strong signal that they’re prepared to keep hiking if needed.
The US may soon start unloading oil from an Iranian tanker now anchored off the coast of Texas that was seized by the Department of Justice in April, the Financial Times reported, without saying where it got the information.
European leaders pledged support for Tunisia in the latest bid to break the deadlock surrounding an International Monetary Fund rescue package, amid concerns that the North African nation’s deepening economic woes will spur more migration across the Mediterranean.
Russia’s Defense Ministry says it repelled an attack by Ukrainian speedboats on one of its Black Sea Naval vessels early on Sunday.
The US expanded a ban on imports from China’s Xinjiang region, placing two more companies on its so-called entity list, the first additions since a law targeting forced labor in the area took effect a year ago.
Prime Minister Rishi Sunak faces a new electoral challenge after Boris Johnson’s surprise resignation from Parliament triggered at least three by-elections that could highlight softening support for the Conservative Party.
Tesla is looking for local parts suppliers in Mexico as it prepares to build its first factory in the country, an official at the company said on Friday.
