Economy & Business
In southern Ethiopia, drought kills livestock amid fears of what comes next
After three years of failed rains, the animals in the southern Ethiopian village of Kura Kalicha are dying. Dozens of decomposing cattle ...OPEC+ announces surprise oil output cuts
Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.16 million barrels per day, in ...IMF approves $15.6 bln Ukraine loan, part of $115 billion in global support
The International Monetary Fund said on Friday its executive board approved a four-year $15.6 billion loan program for Ukraine, part of a ...Russia says it has rerouted all oil exports hit by Western embargo
Russia has successfully redirected all its crude oil exports affected by Western sanctions over Ukraine to “friendly” countries, Energy Minister Nikolai Shulginov ...Britain raises domestic threat level for Northern Ireland to ‘severe’
Britain’s MI5 intelligence agency has increased the threat level in Northern Ireland from domestic terrorism to “severe” – meaning an attack is ...Nationwide protests in France after Macron doubles down on pension bill
Train services were disrupted and some schools shut while garbage piled up on the streets of France on Thursday as part of ...Switzerland’s secretive Credit Suisse rescue rocks global finance
Days before a hastily convened press conference late on Sunday that would make the world’s front pages, Switzerland’s political elite were secretly ...Bank shares plummet as Credit Suisse rescue fails to quell contagion fears
Banking stocks and bonds plummeted on Monday as the hit to investors from UBS Group’s state-backed takeover of Credit Suisse fanned concerns ...Bank rescues ease crisis fears but investors worry it’s not enough
A $30 billion lifeline for First Republic Bank (FRC.N) hosed down market fears about an imminent banking collapse on Friday, but a late tumble ...First Republic Bank gets $30 billion in deposits from big banks
First Republic Bank (FRC.N) has received $30 billion in deposits from several big banks, the banks said in a statement on Thursday, as part ...
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