Morgan Stanley to cut 3,000 jobs in second quarter
Morgan Stanley (MS.N) is planning to eliminate about 3,000 jobs in the second quarter, a source told Reuters on Monday, in its second round of job cuts in six months.
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Palestinian hunger striker Khader Adnan dies in Israeli prison
Khader Adnan, a member of Palestinian militant group Islamic Jihad who was accused by Israel of terror charges,died in an Israeli prison on Tuesday after an 87-day hunger strike, ...
Sudan conflict could prompt 800,000 people to flee, UN says
The United Nations warned on Monday that the conflict in Sudan could force 800,000 people to flee the country as battles between rival military factions persisted in the capital despite a ...
Ukrainian forces push back Russian invaders from some positions in Bakhmut
Ukrainian units have ousted Russian forces from some positions in Bakhmut amid fierce battles, a top Ukrainian general said on Monday, as the White House believes that more than 20,000 Russian ...
Too high for comfort: Five questions for the ECB
Inflation in the euro area is too high for comfort, meaning markets expect the European Central Bank to deliver its seventh straight interest rate hike on Thursday.
With some stability ...
Currencies in limbo awaiting packed week of central banks
Currencies were in limbo on Monday as holidays in most of Asia made for thin trading, while traders braced for a packed week of central bank meetings that would offer ...
Why are Hollywood writers threatening to strike?
Hollywood writers and the film and television studios are racing to agree to a new contract to replace the one that expires at 11:59 p.m. Pacific time Monday. If they ...
JPMorgan to buy First Republic’s assets and assume deposits
JPMorgan Chase & Co (JPM.N) will buy most of First Republic Bank’s (FRC.N) assets in a last-ditch rescue led by US regulators, marking the third major US ...
Climate protester glues hand to podium during Swiss TV debate
A climate activist glued his hand to a TV presenter’s podium during a public election debate in centre of the Swiss city of Geneva on Sunday, sparking jeers and ...
Italy approves May Day labour package amid union criticism
Italy’s right-wing government on Monday approved measures to boost job creation and workers’ pay, amid hostile reactions from unions and opposition parties over accompanying welfare cuts and looser rules ...
E. Jean Carroll resumes testimony in Trump rape trial after mistrial denied (Updated)
E. Jean Carroll returned to the witness stand in her rape and defamation civil case against Donald Trump, after the judge denied a defense request for a mistrial.
Trump’s ...
US Treasury encouraged by First Republic resolution, says banking system remains sound
The U.S. Treasury Department is encouraged that First Republic Bank FRC.N was resolved with the least cost to the Deposit Insurance Fund, and believes the U.S. banking ...
JPMorgan snaps up First Republic’s assets in US auction
JPMorgan Chase & Co JPM.N said on Monday it will buy most of First Republic Bank’s FRC.N assets after regulators seized the troubled lender at the weekend, ...
Hollywood writers, studios stage last-minute talks as strike deadline looms
Negotiators for Hollywood writers and film and television studios engaged in 11th-hour contract talks on Monday to try and avert a strike that would disrupt TV production across an industry ...
UN warns of Sudan breaking point as air strikes hit capital (Updated)
As foreign states wind down their evacuations from Sudan, the United Nations warned of a humanitarian breaking point with no let up in fighting between rival military factions despite a ...
Paris police fire tear gas as French march against pension reform (Updated)
Workers marched across France in anger at President Emmanuel Macron’s increase in the retirement age on Monday, with police firing tear gas in Paris and the western city of ...
Israeli forces kill Palestinian teen in West Bank raid, Palestinian officials say
Israeli forces shot dead a Palestinian teenager during a morning arrest raid that led to clashes in a refugee camp outside the city of Jericho in the occupied West Bank, ...
Some Canadian workers in wage pact with govt to end strike from Monday
Canada reached agreement for a new wage deal with a union representing 120,000 federal workers, the union said on Monday, bringing an end to the country’s largest public sector strike ...
Ukrainian defenders oust Russian forces from some positions in Bakhmut – Ukraine general
Ukrainian counterattacks have ousted Russian forces from some positions in the besieged eastern city of Bakhmut, but the situation remains “difficult”, a top Ukrainian general said in comments released Monday.
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Skilled, educated and washing dishes: how Italy squanders migrant talent
Marilyn Nabor, an experienced high school mathematics teacher in the Philippines, moved to Italy 14 years ago with high hopes of honing her craft in the country of Galileo and Fibonacci.
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Sony expects profit to slip after record year
Sony Group Corp (6758.T) said on Friday it expects this business year’s operating profit to slip from a record high as lower income from financial services offsets gains in ...
Jota seals thrilling win for Liverpool after Spurs fightback
– Diogo Jota scored deep in stoppage-time as Liverpool clinched a 4-3 victory over Tottenham Hotspur in a barely-believable Premier League thriller at Anfield on Sunday.
The Portuguese substitute struck in ...
City beat Fulham to go top, wins for Man United and Newcastle
Manchester City claimed top spot in the Premier League for the first time since February as Erling Haaland reached another set of a milestones in a 2-1 victory at Fulham ...
Double delight for triumphant Perez in Baku
Sergio Perez beat team mate and championship leader Max Verstappen to win the Azerbaijan Grand Prix on Sunday and continue Red Bull’s Formula One domination with a double successin ...