Business

WASHINGTON — President Joe Biden and House Speaker Kevin McCarthy are set to fulfill on the White House at a pivotal second as Washington works to strike a funds compromise and lift the nation’s borrowing restrict in time to avert a devastating federal default. ...

President Joe Biden and House Speaker Kevin McCarthy will meet head to head Monday after a weekend of on once more, off once more negotiations over elevating the nation’s debt ceiling and mere days earlier than the federal government may attain a “hard deadline” and run out of money to pay its payments. ...

The social media firm TikTok sued the state of Montana in federal court docket Monday, claiming {that a} state legislation banning the app violated its freedom of speech. ...

Ryanair has bounced again to a near-record revenue fuelled by a document variety of passengers.Profits reached €1.4bn (£1.2bn) for the 12 months to 31 March, near the document €1.45bn (£1.26bn) made within the 12 months as much as 31 March 2018, whereas fares elevated by 10% in comparison with pre-pandemic ranges, the corporate stated in its full-year outcomes. The finances airline carried 168.6 million passengers over the 12 months as much as 31 March, surpassing the earlier 149 million document earlier than the COVID-19 pandemic.The quantity, Ryanair hopes, shall be surpassed this monetary 12 months and rise 10% to 185 million.Bookings for the summer time season are sturdy, the corporate stated, and it'll function its largest ever schedule with almost 2,500 routes and great...

WASHINGTON — The Supreme Court mentioned Monday it received’t become involved in a dispute over a California animal cruelty regulation that bars foie gras from being bought within the state, leaving in place a decrease court docket ruling dismissing the case. ...

Ireland is ready to change into the primary nation on the planet to place well being warnings on alcohol merchandise.Dublin's well being minister Stephen Donnelly signed new laws on Monday, which can warn drinkers concerning the well being dangers of ingesting alcohol, in addition to the calorie depend of the product. However, the labels is not going to be obligatory till May 2026. The Irish authorities mentioned the laws would convey alcohol merchandise in step with necessities for meals packaging.Mr Donnelly mentioned: "I welcome that we're the primary nation on the planet to take this step and introduce complete well being labelling of alcohol merchandise. "I look forward to other countries following our example."Read extra:How 'absurd' most cance...

BERLIN — The German authorities on Monday rejected criticism that it pushed to weaken present commitments for phasing out pure gasoline at a summit of leaders from the Group of Seven main industrialized democracies, saying the concluding assertion is in step with worldwide local weather efforts. ...

A rising variety of expert staff from Africa and Asia are transferring to Britain to plug crippling employees shortages, in accordance with new figures that reveal the altering image of migration.Businesses are making use of the brand new post-Brexit migration system to usher in IT professionals, nurses and accountants. Since January 2021, the brand new system has made it simpler for staff outdoors of Europe to enter the UK, though the charges for companies are excessive.While the variety of European migrants has fallen lately, this has been greater than offset by an enormous rise in migrants from different elements of the world.Contrary to some preliminary expectations, post-Brexit Britain has skilled a surge in migration. Official figures printed this week may present that ...

BEIRUT — Lebanon’s public prosecutor Monday summoned the nation’s embattled central financial institution governor for questioning following a world arrest warrant issued towards him in France over corruption costs, judicial officers mentioned. ...

Beijing has stepped up its feud with Washington after saying merchandise made by US reminiscence chip large Micron Technology pose a nationwide safety danger.China's our on-line world regulator stated on Sunday that following a evaluation it discovered Micron merchandise have unspecified "serious network security risks" which can be a hazard to the nation's info infrastructure. It informed customers of pc gear to cease shopping for merchandise from the US firm."The review found that Micron's products have serious network security risks, which pose significant security risks to China's critical information infrastructure supply chain, affecting China's national security," the Cyberspace Administration of China stated on its web site.CAC's assertion didn't present additional pa...