Amancio Ortega, the billionaire founder of the Zara clothing chain, pulled out of a 550 million euro ($588 million) deal to buy the Dublin office development that forms part of Meta Platforms Inc.’s European headquarters, the Sunday Times reported.
The New Zealand government expects the cost from the devastating cyclone that ravaged the country’s North Island this week to be in the “multi-billions,” Finance Minister Grant Robertson said in an interview with local media Sunday.
Japan is making arrangements to invite Australia and India to a Group of Seven summit it’s hosting in May to discuss issues including Ukraine, nuclear disarmament and climate change, public broadcaster NHK reported.
US Secretary of State Antony Blinken warned China against arming Russia’s war effort in Ukraine, hours after the top Chinese diplomat said his country will offer a settlement proposal that respects “the sovereignty of all countries” and addresses their “legitimate security concerns.”
Scottish Health Secretary Humza Yousaf announced his bid to become leader of the Scottish National Party and first minister after Nicola Sturgeon unexpectedly quit on Wednesday.
North Korea confirmed it fired an intercontinental ballistic missile Saturday and issued new warnings to the US, after parading a record number of rockets through the streets of Pyongyang designed to deliver a nuclear warhead to the American mainland.
During the days of easy money, one of the most widely tracked numbers in credit markets became an unfortunate punchline.
Terminal 1 at New York’s John F. Kennedy International Airport reopened with limited operations on Saturday, two days after a power outage forced flight delays and diversions.
Secretary of State Antony Blinken said the US has information that China is considering whether to supply Russia weapons and ammunition for the invasion of Ukraine.
The Federal Reserve’s preferred inflation gauges this week, along with a groundswell of consumer spending, are seen fomenting debate among central bankers on the need to adjust the pace of interest-rate increases.
