America’s allies ‘can’t trust us’ after ‘disaster’ intelligence leak, former intel officers say
America’s control over its most valuable secrets has been thrust into question amid the fallout from the leak of classified Pentagon documents.
Burger King is selling more Whoppers than ever before in early days of its U.S. turnaround
Early steps to improve operations and jazz up Burger King marketing are already boosting sales and customer satisfaction.
Macron’s unpopular plan to raise pension age is signed into law as nationwide protests rage on
France’s Constitutional Council on Friday approved President Emmanuel Macron’s controversial raising of the retirement age.
Banking crisis forces ECB policymakers to rethink rate hikes, but focus still firmly on inflation
Central bankers are weighing last month’s banking crisis, the inflation outlook and recession risks as they reconsider future rate hikes.
Barley talks may be ‘first step’ toward better trade ties with China. Australia hopes wine is next
Talks to review trade restrictions on barley are a crucial “first step” toward improving strained ties with China, said Australia’s trade minister.
Fears mount that Europe’s commercial real estate sector could be the next to fall
Concerns are mounting around the health of Europe’s commercial real estate market, with some investors questioning whether it could be the next sector to blow.
Birkin bag maker Hermes sees no U.S. slowdown as sales jump 23%
The luxury bag maker said it has yet to see a slowdown in U.S. demand.
Singapore’s central bank warns of dim growth in 2023, but expects inflation to be significantly lower by year end
The Singapore central bank expects that China’s rebound will be largely consumption driven and oriented toward its domestic services market.
JPMorgan Chase posts record revenue on higher interest rates; shares jump 7%
The biggest U.S. bank by assets showed that its core business was thriving as net interest income surged almost 50% from a year ago.
Fed Chair Powell meets Chinese counterpart Yi Gang
The heads of the U.S. and Chinese central banks met in Washington, D.C., on Tuesday, the People’s Bank of China said in a statement Friday.
