Senior members of German Chancellor Olaf Scholz’s ruling coalition lambasted Bavarian Premier Markus Soeder for continuing his alliance with the populist Free Voters after the party’s leader was caught up in an antisemitism scandal.
South Africa’s state-owned power company plans to implement rolling power cuts as multiple generation unit failures compounded the effect of planned maintenance.
UK Chancellor Jeremy Hunt said the government is committed to producing steel in Britain after a report of talks to provide public funding to Tata Steel Ltd.’s British business.
The UK government is still on track to achieve its pledge to halve record inflation this year and will do what it takes to fix the nation’s crumbling schools, Chancellor Jeremy Hunt said.
French wages are expected to rise by about 5% this year, Finance Minister Bruno Le Maire said Sunday, adding that an incoming social convention would look for ways to boost pay for low-wage workers, notably through collective bargaining.
Donald Trump is testing a strategy that may soon become a necessity as his legal woes mount: relying on Republican surrogates to make his case to voters.
UBS Group AG’s chief executive officer sought to allay concerns about the banking giant’s size after the takeover of Credit Suisse, saying it posed no danger to Switzerland.
Distressed Chinese builder Country Garden Holdings Co. has wired a coupon payment coming due on a ringgit-denominated bond, according to people familiar with the matter, in its latest effort to avoid default.
Saudi Arabia’s sovereign wealth fund is set to create a new national steel giant with the acquisition of the metals unit of chemicals maker Saudi Basic Industries Corp. for an enterprise value of 12.5 billion riyals ($3.3 billion).
French Prime Minister Elisabeth Borne said the government is working on a bill to ban disposable e-cigarettes as the nation’s authorities seek to stop younger people from taking up smoking.
