General Motors Co. and the United Auto Workers are moving toward a tentative agreement that would put an end to a major strike that’s dragged on for more than a month, according a top union negotiator.
A real estate executive contradicted Eric Trump’s claim that he had no role in appraisals of a luxury golf development at the center of a civil fraud trial, where the state of New York alleges he and his father, Donald Trump, inflated asset values to get better loan terms.
Foreign money managers are bailing on some of the biggest names in China’s technology sector as a global exodus from the nation’s equities deepens.
English councils are grappling with £4 billion ($4.9 billion) gap in their finances over the next two years, threatening to further fuel a wave of bankruptcies that’s crippling local authorities.
UK consumer confidence fell the most since the start of the coronavirus pandemic as cash-strapped households felt the impact of persistent inflation and higher interest rates.
(Bloomberg) — The Federal Reserve should hold interest rates steady even though economic growth is coming in a bit faster than expected, Philadelphia Reserve Bank President Patrick Harker said.
Bank of Baroda, one of the largest state-run banks in India, has suspended dozens of executives and is clawing back their benefits as it probes irregularities related to the on boarding of customers to its mobile app, according to people familiar with the matter.
Australia’s tight job market is showing signs of losing steam as 11-year high borrowing costs weigh on labor demand, a trend that if sustained could drive up unemployment and forestall further policy tightening.
After Mexican marines occupied its facility this year, Vulcan Materials Co. is seeking the Biden administration’s protection from what it sees as the threat of a hostile takeover of the property by President Andres Manuel Lopez Obrador.
Australian politicians are struggling to identify a clear next step for First Nations people following last week’s defeat of the Voice to Parliament referendum, leaving policy toward the nation’s most marginalized population in limbo.
