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BUSINESSCHINA China's economic ambitions a huge draw for Saudi Arabia Nik Martin 6 hours ago6 hours ago At a summit in Riyadh, China and Saudi Arabia announced $10 billion in investments in mining, technology and renewables. Washington is growing uneasy about Beijing's deepening ties with the US's closest Middle East ally. https://p.dw.com/p/4SSox Saudi Foreign Minister Faisal bin Farhan al-Saud (R) and Vice Chairman of the...

Eurozone Recession May Hint at What’s to Come for US BY PYMNTS | JUNE 13, 2023 | Eurozone Recession May Hint at What’s to Come for US Slowed consumer spending led to a recession for the eurozone, stoking speculation of a global pullback. One consequence of a global economy is that when one country runs into economic...

POLITICSUNITED STATES OF AMERICA Trump pleads not guilty to classified documents charges Published 8 hours agoPublished 8 hours agolast updated 2 hours agolast updated 2 hours ago Former US President Donald Trump pleaded not guilty, as he faces dozens of felony counts of misappropriation of government documents. The plea means it could be a year or more before a trial takes place. https://p.dw.com/p/4SWmq Trump...

Apparel and Beauty Retailers Slash Prices in Response to Disappointing Earnings BY PYMNTS | JUNE 13, 2023 | It has been another rough quarter for nearly all merchants and retailers, but especially for businesses whose main sales center around nonessential items. Target’s much-anticipated quarterly earnings bore out much of investors’ fears, with a 3.4% drop in...

CONFLICTSUKRAINE Ukraine updates: Russia strikes Zelenskyy's hometown Published 17 hours agoPublished 17 hours agolast updated 5 hours agolast updated 5 hours ago A Russian missile attack has killed eleven in the central city of Kryvyi Rih, officials say, while the death toll in the Kakhovka dam disaster has also risen. DW has the latest on Russia's war in Ukraine. https://p.dw.com/p/4SUns A view of...

JPMorgan Chase's Consumer Deposits ‘Slightly Down’ Over Banking Crisis and Rates BY PYMNTS | JUNE 13, 2023 | The banking industry is facing several challenges concerning consumer deposits, according to Jennifer Piepszak, co-CEO of JPMorgan Chase’s consumer and community banking unit. Piepszak has predicted that consumer deposits will be “slightly down from here” due to...

Sainsbury's and Asda rapped by regulator over 'anti-competitive agreements' The CMA, which is investigating the wider sector to check whether shoppers are being ripped off, says the chains were guilty of unlawful behaviour. James Sillars Business reporter @SkyNewsBiz Tuesday 13 June 2023 12:25, UK Listen to this article 0:00 / 2:50 1X BeyondWords Audio created using AI assistance Sainsbury's and Asda Logo Why you can trust Sky News The competition regulator...

Thousands of easyJet passengers hit by cancellations at Gatwick due to storms Forecasters have warned of the potential for more storms on Monday which could bring further disruption for passengers, who have been advised to contact their airline for more information. Monday 12 June 2023 12:20, UK Listen to this article 0:00 / 2:45 1X BeyondWords Audio created using AI assistance easyjet stock Why you can trust Sky...

Leap in basic wage growth to 7.2% boosts household spending power The latest employment data shows the gap between pay rises and the rate of inflation is shrinking fast, a scenario that will worry the Bank of England. James Sillars Business reporter @SkyNewsBiz Tuesday 13 June 2023 10:29, UK Listen to this article 0:00 / 4:29 1X BeyondWords Audio created using AI assistance Pic: iStock Image: Rises in basic pay are...

UK universities and tech companies win £4.3m funding to develop space-based solar power Young technology that would beam solar power to the UK from space could improve energy security, UK Energy Security Minister Grant Shapps says. Victoria Seabrook Climate reporter @SeabrookClimate Tuesday 13 June 2023 12:11, UK Listen to this article 0:00 / 3:35 1X BeyondWords Audio created using AI assistance Energy security secretary Grant Shapps in a video...

Explainer Reddit blackout: Thousands of communities have gone dark - here's why Tens of millions of people are set to be without their favourite Reddit pages for at least two days, as users rebel against a move that could see some of the platform's top third-party apps forced to shut down. By Tom Acres, technology reporter Tuesday 13 June 2023 14:46, UK Listen to...

Explainer The story of Richard Glossip: What death row inmate was accused of and why he has dodged execution A motel boss beaten to death, accusations of a murder-for-hire and three last meals on death row: Sky News looks at the story of Richard Glossip, his marriages behind bars and the many delays to his execution. Josephine Franks Sky News reporter @jos_franks Tuesday 2...

Ted Kaczynski: Unabomber died by suicide in US prison medical centre, AP sources say The federal Bureau of Prisons has faced increased scrutiny in the last several years following the death of Jeffrey Epstein, who also died by suicide in a federal jail in 2019. Monday 12 June 2023 08:17, UK Listen to this article 0:00 / 3:00 1X BeyondWords Audio created using AI assistance Ted Kaczynski...

Donald Trump set to appear in Miami court on charges he stole classified documents The former president has described the prosecution as politically motivated and an attempt to stop him running for the White House again. Mark Stone US correspondent @Stone_SkyNews Tuesday 13 June 2023 07:18, UK Listen to this article 0:00 / 4:39 1X BeyondWords Audio created using AI assistance Donald Trump has been indicted for a second...