US debt ceiling deal keeps non-defense spending roughly flat until FY 2024 – source
(Reuters) – A deal reached to raise the U.S. federal government’s $31.4 trillion debt ceiling keeps non-defense spending roughly flat…
Economy
Nigeria’s Senate approves bill to raise government borrowing from central bank
ABUJA (Reuters) – Nigeria’s Senate amended a law on Saturday to allow the federal government to borrow more money from…
China’s Wuhan finance regulator urges hundreds of firms to repay debt, local media report
BEIJING (Reuters) – The financial regulator of China’s Wuhan city publicly exposed 259 firms with debt to the government and…
Biden sounds hopeful on debt ceiling, Treasury warns of June 5 default
By Steve Holland, Moira Warburton and Rami Ayyub WASHINGTON (Reuters) -Democratic President Joe Biden and a Republican negotiator said on…
Talanx buys Liberty Mutual’s Latin America business for 1.38 billion euros
(Reuters) – Germany’s Talanx said on Saturday it had acquired Liberty Mutual Insurance’s Latin America business for about 1.38 billion…
Iran says Ukraine president drone criticism a bid to secure more Western arms
(Reuters) – Tehran on Saturday accused Ukrainian President Volodymyr Zelenskiy of anti-Iranian propaganda in his call for Iran to halt…
Poland to raise minimum wage twice in 2024, minister says
WARSAW (Reuters) – Poland plans to raise the minimum wage twice in 2024 to help people cope with high inflation,…
‘Hot labor summer’: Los Angeles unions back Hollywood writers
By Jorge Garcia LOS ANGELES (Reuters) – Unions representing teachers, truck drivers and other workers who will be headed soon…
Nepal PM Dahal to visit India next week, hold talks with Modi
NEW DELHI/KATHMANDU (Reuters) – Nepal’s Prime Minister Pushpa Kumar Dahal will visit India next week and hold talks with his…
Economic development in Asia still faces many challenges, China minister says
BEIJING (Reuters) – Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China’s commerce minister Wang…