By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government estimates it needs to raise about 3 trillion yen ($22.2 billion) in funds per year for a childcare policy Prime Minister Fumio Kishida has put forward to help reverse the declining birth rate, Jiji news agency reported on Thursday. The government in March laid…
MILAN (Reuters) – Shares in Italy’s Italian Design Brands (IDB), a hub of Italian furniture and lighting companies, jumped more than 3% on their Milan bourse debut on Thursday. At around 1000 GMT IDB’s shares were up 3.3% from the fixed price set in its initial public offering. The group, which offered newly issued shares…
By Danielle Broadway LOS ANGELES (Reuters) – As the Writers Guild of America strikes to bring about better pay and work security in a streaming TV world, a generation of diverse writers like Caroline Renard fear for the future of their careers. While there have been improvements in diversity within writers’ rooms in recent years,…
By Asif Shahzad and Mubasher Bukhari ISLAMABAD (Reuters) -Pakistan’s former Prime Minister Imran Khan, who is facing corruption charges, said on Thursday he would not join an investigation by the powerful anti-graft agency while he was out on bail. The National Accountability Bureau (NAB), which has in the past investigated, put on trial and jailed…
WASHINGTON (Reuters) – U.S. President Joe Biden and House of Representatives Speaker Kevin McCarthy, the top Republican in Washington, hope to finalize a deal on the debt ceiling after Biden returns from the Group of Seven meeting in Japan on Sunday. The debt ceiling bill Republicans have passed in the House and Democrat Biden’s 2024…
By James Oliphant WASHINGTON (Reuters) -Florida Republican Governor Ron DeSantis will officially enter the 2024 U.S. presidential race next week, according to two sources familiar with the decision, immediately becoming Donald Trump’s biggest rival for the Republican nomination and shaking up a contest that largely has been one-sided. DeSantis will likely file paperwork declaring his…
By Andrew Mills DOHA (Reuters) – The Arab League’s welcoming back of Syria’s President Bashar al-Assad into its ranks highlights how far behind Qatar has fallen in its bid to be a diplomatic voice that carries weight in the Middle East. Earlier this month Qatar reluctantly withdrew its opposition to Saudi Arabia’s initiative to readmit…
By Allison Lampert MONTREAL (Reuters) – A faceoff this week between WestJet Airlines and its pilots over pay could set the stage for aviators’ demands in future bargaining with Air Canada. Pilots at Onex Corp-owned WestJet gave notice on Monday that they could go on strike as early as Friday, raising fears of travel disruptions…
By Howard Schneider AMELIA ISLAND, Florida (Reuters) – The pummeling taken by bank bond portfolios during more than a year of rising interest rates fueled worries this spring after the collapse of Silicon Valley Bank that a spiraling financial crisis might soon develop and crash the U.S. economy. New research, though, indicates those investment losses…
A look at the day ahead in U.S. and global markets from Naomi Rovnick Risk appetite has perked up on global markets thanks to optimism that U.S. Democrats and Republicans are nearing a deal to raise the debt ceiling and avoid an economically catastrophic default. European and Asian shares rose on Thursday, the dollar held…
