The key iron ore export hub of Port Hedland reopened after the biggest cyclone to hit Western Australia in at least a decade made landfall, with a major gold mine lashed by destructive winds as the storm moved inland.
Taiwan’s destabilization would be a “horror scenario,” German Foreign Minister Annalena Baerbock said in a testy public exchange with her Chinese counterpart.
Axcella Health Inc. is seeking funding to carry out an advanced trial of a drug initially found to improve fatigue in long Covid patients.
OPEC+ production cuts are likely to drive up oil prices and inflict more pain on consumers already squeezed by high inflation, the International Energy Agency said.
Sweden’s underlying inflation slowed for the first time in more than a year, raising hopes of a turnaround for the Nordic nation’s households and its central bank, which remains under pressure to raise borrowing costs.
While children across North Korea spent the day in school, the preteen daughter of leader Kim Jong Un was with her dad watching a test of a new missile designed to obliterate a US city in a nuclear strike.
The US is pressing the need for allies to coordinate against economic coercion, not just military threats, as Japan prepares to host top diplomats from the Group of Seven nations amid heightened tensions with China.
Superdry Plc stock plunged after the fashion retailer indicated it’s likely to make a loss this year and said it’s considering a 20% equity raise as it fights for survival.
Taiwan is working with friendly nations on how to respond to a possible economic blockade by China, a scenario that appears more likely than a direct military attack on the island, according to a senior Taiwanese diplomat.
Dechra Pharmaceuticals Plc stock soared after the veterinary drugmaker confirmed it is in discussions with EQT AB about a possible all-cash takeover in what could be one of the largest UK take-private deals this year.
