Category: Finance

Scottish recycling scheme ignites fresh constitutional spat with Westminster

Scotland’s first minister has accused the UK authorities of undermining devolution and disrespecting his nation’s parliament after London demanded that Edinburgh exclude glass from its deliberate recycling scheme. The dispute threatens to spark one other constitutional battle between the administrations and jeopardises the viability of a scheme that the Scottish authorities insists is essential to […]

US and China hold more trade talks despite tensions

Joe Biden’s prime commerce official and China’s commerce minister have held talks over financial and commerce disputes, within the newest indicators of tentative efforts to stabilise ties between the 2 superpowers. US Commerce Consultant Katherine Tai met Chinese language commerce minister Wang Wentao on the sidelines of an Asia-Pacific Financial Cooperation assembly in Detroit on […]

US debt ceiling deadline pushed back as talks continue

US Treasury secretary Janet Yellen has stated the federal government might run out of cash to pay all its payments on June 5, giving lawmakers a number of extra days of flexibility to strike a deal that might avert an unprecedented debt default. Yellen’s new estimate, launched on Friday afternoon, got here because the White […]

Pakistan launches crackdown on Imran Khan’s party

Pakistani authorities have launched a crackdown on former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf occasion, detaining hundreds of the favored opposition chief’s supporters and allegedly pressuring senior allies to stop the group. Pakistan’s military and the federal government of Prime Minister Shehbaz Sharif have responded fiercely to violent protests this month sparked by Khan’s arrest […]

Chanel says US growth has slowed over past six months

Iconic luxurious home Chanel’s development within the US has slowed previously six months, pointing to a moderation in luxurious’s greatest market following a multiyear growth.  The world’s second-biggest luxurious firm by revenues, which is privately held, is presently rising “within the single digits” within the US, chief monetary officer Philippe Blondiaux advised the Monetary Occasions, […]

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