Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade
Sweden’s central bank on Thursday cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction over a decade. Riksbanken said the ...
50 European leaders assess how Trump will affect their fortunes. German crisis adds to challenges
Around 50 European leaders, including Ukrainian President Volodymyr Zelenskyy and NATO Secretary-General Mark Rutte, will be reassessing their trans-Atlantic relations in ...
Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs.
Wild winds fuel Southern California wildfire that has forced thousands to evacuate
A fast-moving wildfire fueled by heavy winds was tearing through a community northwest of Los Angeles for a second day Thursday after destroying dozens of homes and ...
South Korea’s president denies wrongdoing in a growing scandal
South Korean President Yoon Suk Yeol denied wrongdoing Thursday in a burgeoning influence-peddling scandal involving him and his wife that’s severely hurting his approval ...
A tiny grain of nuclear fuel is pulled from ruined Japanese nuclear plant, in a step toward cleanup
A robot that has spent months inside the ruins of a nuclear reactor at the tsunami-hit Fukushima Daiichi plant delivered a tiny sample of melted nuclear fuel on Thursday, in what ...
Germany’s leader expected to lead country with minority government after coalition collapse
After German Chancellor Olaf Scholz dramatically fired Finance Minister Christian Lindner of the pro-business Free Democrats in a late-night move after a marathon of crisis meetings, ...
Bank of England is set to cut interest rates despite potential new inflation worries
The Bank of England is set to cut interest rates later Thursday for the second time in three months, as inflation has fallen to its lowest level in more than three years. However, ...
Israel passes law that would allow it to deport the families of Palestinian attackers
Israel’s parliament passed a law early Thursday that would allow it to deport family members of Palestinian attackers, ...
Trump’s second term could realign US diplomacy toward authoritarian leaders
Hungary’s fiery, right-wing leader says Donald Trump’s victory will help his own battle against immigration and multiculturalism and restore traditional family ...
When should kids start using social media? Australia’s government proposes age limit of 16
The Australian government announced on Thursday what it described as world-leading legislation that would institute an age limit of 16 years for children to start using ...
Giuliani to appear in a NYC court after missing a deadline to surrender assets
Rudy Giuliani will appear in a New York City courtroom on Thursday to explain to a federal judge why he hasn’t surrendered his valuables as part of a $148 million defamation ...