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Politics
WTI rises as Biden comments on Middle East risk
U.S. crude oil prices rose more than 4% on Thursday, on pace for a third consecutive session of gains on fears that Israel could strike Iran's oil industry in retaliation for Tehran's ballistic missile attack this week.President Joe…
Student loan forgiveness plan can move forward, federal judge allows
US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty ImagesA federal judge will let expire a…
Melania Trump backs abortion rights: ‘No room for compromise’
Outgoing First Lady Melania Trump listens as her husband Outgoing US President Donald Trump addresses guests at Joint Base Andrews in Maryland on January 20, 2021. Alex Edelman | Afp | Getty ImagesRepublican former first lady Melania…
Digital bank Revolut slams Meta over approach to scams
Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg.ReutersBritish financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its approach to tackling fraud, saying the U.S. tech giant should…
Sterling plunges 1% after Bank of England governor’s comments on rates
Andrew Bailey, Governor of the Bank of England, gestures as he addresses the media during a press conference at the Bank of England in London on Aug. 1, 2024.Alberto Pezzali | Via ReutersLONDON — The British pound tumbled more than 1%…
Oil prices could soar if Israel targets Iran’s energy infrastructure
A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023. Anadolu | Anadolu | Getty…
European tech brain drain ‘number one risk’ ahead of IPO
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty ImagesA European technology talent brain drain is the biggest risk factor facing Klarna as the…
UK house sales rise as lower mortgage rates boost activity
A pedestrians looks at residential properties displayed for sale in the window of an estate agents' in Windsor, west of London.Justin Tallis | Afp | Getty ImagesLONDON — Lower mortgage rates are sparking an uptick in the U.K. housing…
U.S. bans new Chinese firms over forced labor claims in Uyghur region
U.S. Department of Homeland Security emblem. Gwengoat | Istock | Getty ImagesThe U.S. has added two new Chinese companies to a Xinjiang trade blacklist over forced labor accusations. The move comes just one week after Beijing retaliated…
Auto giants are getting nervous about the prospect of massive fines
Workers producing pure electric vehicles at a Volkswagen (Anhui) workshop in Hefei, China, on Sept. 25, 2024.Cfoto | Future Publishing | Getty ImagesEurope's top car giants appear to be increasingly concerned about the prospect of…