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The head of the European Central Bank says interest rates will stay high long enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”
A major Pfizer pharmaceutical plant has restarted production, 10 weeks after it was heavily damaged by a tornado
Denmark’s Lego says it remains committed to its quest to find sustainable materials to reduce carbon emissions, even after an experiment by the world’s largest toymaker to use recycled bottles did not work
A tentative agreement between striking screenwriters and Hollywood studios offers some hope that the industry’s dual walkouts may be over soon
A sluggish day for stocks is keeping September on track to be the worst month of the year for Wall Street
The Food and Drug Administration meets this week to consider a much-debated treatment for Lou Gehrig’s disease
The union representing screenwriters has reached a tentative agreement with Hollywood studios to end a historic strike after nearly five months
The European Union’s executive arm is blocking leading U.S. online travel agency Booking from acquiring Sweden’s flight booking provider Etraveli Group
The Biden administration has awarded $1.4 billion to projects improving railway safety and boosting rail capacity
Taiwan authorities have fined a golf ball manufacturer $75,000 and warned of criminal charges after a major factory fire killed nine people and left one other missing
The European Union’s trade commissioner has called for a more balanced relationship with China, noting an EU trade deficit of nearly 400 billion euros ($425 billion)
Amazon is investing up to $4 billion in artificial intelligence startup Anthropic and taking a minority stake in the company
Top Thai officials have welcomed hundreds of Chinese tourists at Bangkok’s international airport on the first day of a new visa-free entry program that officials say will boost tourism
Oil prices are up, and that affects people far and wide
Last year’s spike in inflation, to the highest level in four decades, was painful enough for American households
Giorgio Armani has closed Milan Fashion Week with good vibes and a front row that included frequent guests such as Cate Blanchett and Juliette Binoche
The key players in the two strikes that brought Hollywood to a halt include little-known leaders, labor lawyers and entertainment tycoons
Now that a tentative deal has been struck to end Hollywood's writers strike after nearly five months, several steps remain before the industry gets back to normal
Canadian autoworkers have ratified a new labor agreement with Ford Motor Co., averting a threatened strike
Security researchers say a leading Egyptian opposition politician was targeted with Predator spyware after announcing a president bid
Wildfires fueled by climate change have ravaged communities from Maui to the Mediterranean this summer, killing many people, exhausting firefighters and fueling demand for new solutions
The British government is considering scrapping a big chunk of an overdue and over-budget high-speed rail line once touted as a way to attract jobs and investment to northern England
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