US weighs new fund to backstop deposits if more banks fail
The US Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a fund that would allow regulators to backstop more deposits at banks that run into ...
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Eight dead after two boats capsize near San Diego
At least eight people have died after two fishing boats capsized off the coast of San Diego, California, emergency officials said on Sunday.
San Diego Fire-Rescue said in a statement ...
West Ham out of relegation zone with 1-1 draw v Villa
West Ham United drew 1-1 with Aston Villa in the Premier League on Sunday, with Said Benrahma scoring from the penalty spot to cancel out Ollie Watkins’s early opener, ...
League leaders Arsenal cruise to 3-0 win over Fulham
Arsenal restored their five-point lead at the top of the Premier League with an emphatic 3-0 victory over Fulham on Sunday and carved out a small slice of top-flight history ...
Ten-man Manchester United held 0-0 by Southampton
Manchester United endured a frustrating afternoon in the Premier League on Sunday with a 0-0 draw against bottom-placed Southampton marked by the expulsion of midfielder Casemiro.
The Brazilian’s 34th-minute ...
Russia says forces continue attack in Ukraine’s Donetsk region
Russia’s defence ministry said on Sunday that its forces continued to conduct military operations in Ukraine’s eastern Donetsk region, claiming to have killed more than 220 Ukrainian servicemen over ...
Greeks rally over train crash, labour unions gear for more walkouts
Thousands of people rallied in central Athens on Sunday to protest over the country’s deadliest train disaster that killed 57 people on Feb. 28, as Greece’s largest labour unions geared ...
Record-strength cyclone Freddy pounds Mozambique after making second landfall
Cyclone Freddy battered central Mozambique on Sunday after making landfall for a second time in a month, breaking records for the duration and strength of tropical storms in the southern ...
‘A thin existence’: man stranded in Turkey after being refused entry to Britain
By Ali Kucukgocmen
Stranded in Turkey since being barred from boarding a flight to Britain more than two months ago, Siyabonga Twala spent his 34th birthday on Saturday away from ...
UK’s Hunt says his budget will get more people into work
By William Schomberg and Sarah Young
British finance minister Jeremy Hunt said he would use this week’s budget plan to remove barriers, including high childcare costs, that are stopping ...
Champagne carpet and crisis team ready for Oscars celebration
Hollywood stars will walk a champagne-colored carpet at the Oscars on Sunday when organizers aim to keep the spotlight on “Everything Everywhere All at Once,” “Top Gun: Maverick” and other ...
UK races to minimise damage from Silicon Valley Bank collapse
British finance minister Jeremy Hunt said on Sunday he was working with Prime Minister Rishi Sunak and Bank of England Governor Andrew Bailey to “avoid or minimise damage” resulting from ...
Finding Covid-19’s origins is a moral imperative: WHO’s Tedros
Discovering the origins of COVID-19 is a moral imperative and all hypotheses must be explored, the head of the World Health Organization said, in his strongest comments yet that the ...
Saudi Aramco reports record profit of $161.1 billion in 2022
By Hadeel Al Sayegh and Maha El Dahan
Saudi Arabian oil giant Aramco 2222.SE on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the year earlier, ...
China chooses continuity, retaining central bank chief, finance minister
China unexpectedly kept its central bank governor and finance minister in their posts at the annual session of the rubber-stamp parliament on Sunday, prioritising continuity as economic challenges loom at ...
Tesla hits the brakes but rare earths juggernaut rolls on
Tesla (TSLA.O) will eliminate the use of rare earths in its next-generation electric vehicles (EV).
The big reveal at the company’s investor day last week caused a sell-off ...
Rice into low-carbon plastic: bringing hope to a struggling Fukushima town
Jinichi Abe grins as he watches diggers working earth near his rice fields, knowing they are returning still more fields to productivity after Fukushima nuclear reactors exploded and sprayed the ...
Nissan to overhaul electric powertrains for EVs, hybrids in search of cost cuts
Nissan on Thursday said it will overhaul its approach to powertrains for all-electric and hybrid petrol-electric vehicles as it aims to bring hybrid prices in line with those of petrol-powered ...
More than 1,300 migrants brought ashore in Italy after multiple rescues
More than 1,300 migrants have been rescued in three separate operations off the southern tip of Italy, the coastguard said on Saturday, two weeks after at least 74 people died when their ...
France faces another day of nationwide protests against Macron’s pension plans
France faced a seventh day of demonstrations on Saturday against President Emmanuel Macron’s unpopular pension reform plans amid ongoing rolling strikes which have affected refineries, public transport and garbage ...
Fury, Usyk agree to terms for unification fight
Tyson Fury and Oleksandr Usyk have agreed terms for their heavyweight unification bout on April 29 at Wembley Stadium in London, a lawyer for Usyk told Reuters on Friday.
The two ...
Li Qiang becomes China’s premier, tasked with reviving economy
Li Qiang, the former Communist Party chief of Shanghai, took office on Saturday as China’s premier, the country’s No.2 post, putting the close ally of President Xi Jinping ...
Shiffrin slaloms to record 87th World Cup win
An emotional Mikaela Shiffrin wrote her name in the history books as the most successful Alpine World Cup skier of all time on Saturday after taking a record 87th career ...
Bournemouth battle to 1-0 win over lacklustre Liverpool
Liverpool’s Mohamed Salah missed a second-half penalty as his side fell to a 1-0 defeat away at Bournemouth, with Philip Billing’s goal lifting the south-coast side off the ...