First Woman to Lead Germany’s Biggest Union Takes Aim at Tesla
The incoming first female head of Germany’s most powerful labor union IG Metall is warning Elon Musk about efforts to avoid unionization at his Tesla Inc. factory near Berlin.
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Labour’s Israel-Gaza Tensions Mar Week of Starmer Triumphs
There was a celebratory mood inside the Labour Party’s London headquarters on Friday, buoyed by two huge by-election victories that suggest Keir Starmer is on course to be the UK’s next prime minister.
Egypt Downgraded Deeper Into Junk by S&P on Currency Squeeze
Egypt was downgraded for the second time this month, as the North African nation struggles with a severe shortage of hard currency.
Israel Latest: Biden Sees Israel-Saudi Thaw as Motive for Attack
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.
MMA Star Ngannou’s $10 Million Boxing Payday Continues Shakeup
Mixed martial arts star Francis Ngannou is in the final week of training for his first professional boxing match that will reportedly pay him $10 million, which is 16 times more than his most recent MMA bout.
Putin Plays for Time in Ukraine With US, EU Focused on Mideast
Vladimir Putin is increasingly confident Russia’s military can outlast Ukraine as a second winter of war approaches with Kyiv’s US and European allies distracted by the deepening conflict between Israel and Hamas.
Taiwan Names TSMC Founder Morris Chang as APEC Summit Envoy
Taiwan has appointed Taiwan Semiconductor Manufacturing Co. founder Morris Chang as its special envoy to next month’s Asia-Pacific Economic Cooperation summit, where the presidents of the US and China are likely to meet for the first time in almost a year.
US Official Says Export Curbs Will Impede China’s Chip Progress
The US-led restrictions over advanced chipmaking equipment for Chinese firms will ultimately deter China’s efforts to develop an indigenous semiconductor industry, according to a senior American official responsible for enforcing export controls.
Japan’s Kishida Orders Temporary Tax Cuts Ahead of By-Elections
Japanese Prime Minister Fumio Kishida instructed his ruling party executives to consider introducing temporary tax cuts, days before two special elections in which his ruling party faces tough opposition to hold onto its seats.
Treasury Official’s Mideast Mission Targets Hamas Financial Ties
A top Treasury Department official is heading to Saudi Arabia and Qatar next week to intensify US efforts to cut off financial lifelines to Hamas and discuss humanitarian aid for the Gaza Strip.