Amazon Joins Web Summit Defection Following Israel Comments
Amazon.com Inc. joined companies and investors bowing out of the upcoming Web Summit technology conference in Europe after the event’s leader made controversial comments about Israel.
Ex-Prime Minister Sharif to Return to Pakistan After Four Years
Four years ago Nawaz Sharif left Pakistan, dodging a jail sentence on health grounds as ties with the powerful military soured. Now, the three-time former premier is heading back, prompting speculation his allies brokered a deal with the generals for his return to politics and he may become prime minister again.
China’s Property Woes Pour Cold Water Over Steps to Boost Stocks
An intervention in the stock market. Liquidity injections by the central bank. More curbs on short selling. And yet, Chinese stocks can’t escape the real estate sector’s spiral of gloom.
Biden Says Hamas Attack Was to Halt Israel-Saudi Arabia Thaw
US President Joe Biden said Hamas attacked Israel in part to stymie its efforts to normalize relations with Saudi Arabia, his most illuminating comments yet on the impetus for the crisis in the Middle East.
EU Says Lack of US Clarity on Tariffs Sank Trade Announcement
A refusal by the US to clarify when it would remove punitive trade measures against the European Union is a key reason the transatlantic allies failed to reach an accord on steel trade this week that would have resolved a Trump-era dispute, according to the bloc’s chief trade negotiator.
Trudeau Says Many Countries Worried After India Ousts Envoys
Prime Minister Justin Trudeau said “many countries” are concerned about India forcing 41 Canadian diplomats to leave, adding the move will primarily punish the vast number of Indians and Canadians with ties between the two countries.
Tether’s Frontman Inherits Crypto’s $84 Billion Behemoth
Tether Holdings Ltd.’s Chief Technology Officer Paolo Ardoino is hardly crypto’s most well-known public figure. That may change when he takes over the reins of one of the sector’s most dominant businesses along with the $84 billion stablecoin it issues.
UAW Foregoes Strike Expansion as President Sees ‘More to Be Won’
United Auto Workers President Shawn Fain indicated Friday that he is close to a deal with all three unionized automakers, but also warned that getting to the finish line could require striking more plants to pressure the companies into some final concessions.
Heidelberg Materials Is Mystery Bidder for Summit
Heidelberg Materials AG is the mystery bidder for Summit Materials Inc. that could potentially upend the US cement maker’s deal for the North American arm of Cementos Argos, people with knowledge of the matter said.
American Mother and Daughter Freed from Hamas Captivity
Hamas militants freed an American woman and her daughter almost two weeks after they were taken captive during the group’s deadly raid on southern Israel, the Israeli government said.