A war of words between the United Auto Workers and Detroit’s Big Three escalated as a Stellantis NV executive said the union rejected a “compelling solution” for an idled Jeep plant in Illinois, a priority for the company’s unionized workers.
Amid signs the bond market has bought into the Federal Reserve keeping interest rates higher for longer, a cohort of investors is placing bets on the economy hitting a wall — and a sharp policy reversal in short order.
Ukraine is defying Russia’s de-facto blockade of its Black Sea ports by sending empty ships to collect grain for the first time since a safe-passage deal collapsed almost two months ago.
Greece plans to double its budget backstop for natural disasters linked to climate change by increasing a levy on accommodations, mostly affecting luxury hotel stays, Prime Minister Kyriakos Mitsotakis said.
Turkish President Recep Tayyip Erdogan is traveling to New York to attend the UN General Assembly amid heightened tensions with Washington over Syria and Russia.
Fixed-income investors that are “risk on” are benefiting from the global economy’s ongoing resilience, fueling appetite for leveraged loans in particular.
Iran’s state media said a fire broke out late Saturday at a women’s prison used for political inmates, including those arrested in recent anti-government protests.
Euro-area finance ministers are increasingly concerned about political radicalization as a shaky economic outlook and sticky inflation leave voters looking for different options.
The head of the International Atomic Energy Association “strongly” condemned Iran for blocking about a third of the agency’s inspectors from being able to verify the country’s compliance with nuclear non-proliferation agreements.
Ukraine is defying Russia’s effective blockade of its Black Sea ports by sending empty ships to collect grain for the first time since the collapse of a deal guaranteeing safe passage almost two months ago. Two ships were sailing Saturday toward the port of Chornomorsk to load wheat for Africa and Asia, Ukraine’s infrastructure minister said.
