The First Republic deal has come at a crucial point for the markets and economy
With financial services covering such a wide swath of activities in the $26.5 trillion U.S. economy, the bank failures will reverberate.
Lordstown Motors warns of bankruptcy after Foxconn threatens to walk away from crucial funding deal
After buying Lordstown’s factory last year, Foxconn agreed to invest an additional $170 million. That deal is now in jeopardy, the embattled startup said.
Macron faces Labour Day protests as pension reform anger festers
French unions hope more than 1 million people will march through towns and cities on Monday.
Sudan conflict shows no sign of easing, U.N. warns of breaking point
Fighting could be heard in Khartoum early Monday despite a supposed ceasefire extension as clashes between rival military forces entered a third week.
Homes smashed, 34 wounded in latest Russian strikes on Ukraine
Russia unleashed a fresh volley of missiles on Ukraine overnight, damaging dozens of homes and wounding at least 34 people.
PlayStation, treasure hunts and natural wonders: What life is like onboard a giant oil tanker
Seafarers describe the highs and lows of spending months on the ocean.
Italy signed up to China’s Belt and Road Initiative. Now it’s having second thoughts
Italy has previously been described as a “middle-power” bridge used by Beijing and Moscow to strike deals.
Germany has a plan to tackle a rapidly ageing workforce: recruiting robots
Germany has an aging population, so hiring robots and widespread digitalization could be key in solving the country’s labor shortage crisis.
Subway comes up with $5 billion debt plan to clinch $10 billion-plus sale, sources tell Reuters
Interest rates have been rising and concerns about an economic slowdown have increased since Subway said in February it was exploring a sale.
Thai prime minister candidate gives birth two weeks before election
Paetongtarn, who goes by the nickname Ung Ing, has been first or second in polls for voters’ favorite prime ministerial candidate throughout the campaign.
