World
Reports of huge fire at Aramco oil facility in Saudi Arabia
Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters A huge plume of smoke could be seen above an oil facility in the Saudi Arabian city of Jeddah on Friday, according to multiple media reports, shortly after Yemen’s Houthi group said they would be […]
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Treasury Secretary Yellen sees no need for China sanctions as U.S. tries to deter aid to Russia
Treasury Secretary Janet Yellen on Friday said she does not believe the U.S. should impose sanctions on China because of its ties to Russia. “I don’t think that that’s necessary or appropriate,” the Treasury secretary told “Squawk Box” of potential penalties on Beijing. “Senior administration officials are talking privately and quietly with China to make […]
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Bank of America’s reliable market-timing tool has been triggered, signaling short rally ahead
A powerful contrarian buy signal has been triggered, indicating a rally ahead in the short run, according to Bank of America’s tried-and-true market indicator. Source
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EU and U.S. agree to new data-sharing pact, offering some respite for Big Tech
U.S. President Joe Biden, right, arrives with European Commission President Ursula von der Leyen for an EU leaders summit in Brussels on June 15, 2021. Thierry Monasse | Bloomberg via Getty Images The European Union and U.S. on Friday announced they had agreed “in principle” a new framework for cross-border data transfers, providing some much-needed […]
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How NATO is defending Eastern Europe
After years of defense cuts following the end of the Cold War, NATO is beefing up its presence in Eastern Europe. The defense alliance says it’s sending new battlegroups to Eastern Europe, including Bulgaria, Hungary, Romania and Slovakia. After years of defense cuts following the end of the Cold War, the North Atlantic Treaty Organization […]
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James Blunt says more should be done to moderate online hate, gives tips on dealing with trolls
James Blunt performs at the American Airlines Arena on August 30, 2017 in Miami, Florida. Jason Koerner | Getty Images Entertainment | Getty Images U.K. singer-songwriter and “reluctant” Twitter sensation, James Blunt, told CNBC that social media platforms should do more to moderate online hate. The superstar behind global hits such as “You’re Beautiful” and […]
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India pushes for demilitarization of border during Chinese foreign minister’s surprise visit to New Delhi
Chinese Foreign Minister Wang Yi speaks at a news conference after restoring diplomatic ties with Kiribati on the sidelines of the United Nations General Assembly in New York, U.S. September 27, 2019. Mark Kauzlarich | Reuters While their armies face off in the frigid Himalayan heights, there are sudden and furtive signs of a possible […]
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Is the Great Resignation over? Far from it, experts say
The Great Resignation — which saw droves of workers leaving their jobs or switching careers during the post-pandemic era — is far from over, and job loyalty may be a “thing of the past,” as one industry expert puts it. According to a recent survey by Microsoft, 52% of young people polled, namely Gen Z […]
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EU targets U.S. tech giants with a new rulebook aimed at curbing their dominance
Executive Vice President of the European Commission for a Europe Fit for the Digital Age Margrethe Vestager. Thierry Monasse | Getty Images News | Getty Images The European Union agreed on landmark new antitrust regulations that could reshape the business models of U.S. technology giants Meta, Apple, Amazon and Google dramatically. The rules are expected […]
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EU strikes gas deal with the U.S. as it seeks to cut its reliance on Russia
U.S. President Joe Biden and European Commission’s President Ursula von der Leyen shake hands after speaking about steel and aluminium tariffs, on the sidelines of the G20 leaders’ summit in Rome, Italy October 31, 2021. Kevin Lamarque | Reuters The U.S. said Friday it will work with international partners to provide at least 15 billion […]
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