Intel calls off $5.4b Tower deal after failing to obtain regulatory approvals
Intel is terminating a $5.4 billion agreement to acquire Israeli chip manufacturer Tower Semiconductor after China failed to sign off on the deal amid deteriorating US-China relations
2023-08-16 19:20
Fed meeting minutes could hint at end of rate hikes
By Howard Schneider WASHINGTON The minutes of the Federal Reserve's policy meeting last month may indicate on Wednesday
2023-08-16 18:23
With a Gallic shrug, Fed bids adieu to the recession that wasn't
By Howard Schneider and Indradip Ghosh WASHINGTON Blame it on economic theory not matching reality, groupthink among forecasters
2023-08-16 18:20
Offshore drilling rig arrives in Lebanese waters ahead of work near Israel border
Lebanese Cabinet ministers say an offshore drilling rig has arrived at its location in the Mediterranean Sea off Lebanon’s coast and will start operations in the coming weeks to search for gas
2023-08-16 17:49
Futures edge up as focus shifts to Fed meeting minutes
U.S. stock index futures ticked higher on Wednesday as investors awaited minutes from the Federal Reserve's July policy
2023-08-16 17:45
One year on, Biden still needs to explain his signature clean energy legislation
By Jarrett Renshaw U.S. President Joe Biden on Wednesday marks the first anniversary of signing his signature clean
2023-08-16 17:24
A plan for how Indonesia will spend $20 billion to transition to cleaner energy has been submitted
A plan for how Indonesia will spend $20 billion to transition to cleaner energy was submitted Wednesday to the government and its financing partners
2023-08-16 16:16
UK inflation falls to 17-month low of 6.8% but unlikely to derail another interest rate rise
The rate of inflation in the U.K. fell sharply in July to a 17-month low largely on the back of lower energy prices
2023-08-16 15:16
Stock market today: Asia shares decline as faltering Chinese economy sets off global slide
Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy
2023-08-16 14:26
Germany's Cabinet is set to approve a plan to liberalize rules on cannabis possession and sale
Germany’s Cabinet is set to approve a plan to liberalize rules on cannabis, setting the scene for the European Union’s most populous member to decriminalize possession of limited amounts and allow members of “cannabis clubs” to buy the substance for recreational purposes
2023-08-16 14:15
Who wants to fly over Taliban-held Afghanistan? New FAA rules allow it, but planes largely avoid it
Two years after the Taliban takeover of Afghanistan, the United States has begun easing rules that could allow commercial airlines to fly over the country in routes that cuts time and fuel consumption for East-West travel
2023-08-16 13:19
Tech company behind Kentucky school bus problems had similar issues in Ohio last year
The company behind a disastrous change to a Kentucky city’s school bus routes that resulted in more than a week of canceled classes had similar problems in two cities in neighboring Ohio last year
2023-08-16 12:22