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Workers’ strikes lead to German transport system chaos
Germany's transport system was paralyzed on Monday by a one-day warning strike that halted national and local rail services, causing misery for millions of commuters and severely disrupting freight traffic in Europe's largest…
Explosion at Pennsylvania chocolate factory kills 7
Officials said the seven bodies were recovered from the site of a powerful explosion at a chocolate factory in a small town in eastern Pennsylvania.
West Reading Mayor Samantha Kaag said in a statement Sunday night that none of the…
Middle class to pay Sh2.7bn more per month for power
goods
The middle class pays 2.7 billion shekels a month for energy
Monday, March 27, 2023
Kenya's middle-class households and small commercial energy consumers will spend at least Sh2.7 billion on energy each month. file image…
Windfall for group that sacked 800 P&O workers
The Dubai-owned company, which admitted it breached employment law by sacking 800 British staff at P&O Ferries last March and replacing them with cheap foreign labour, took a multimillion-pound windfall under the Rishi Sunak…
Asian FX tumbles after turmoil in global banking system returns
breadcrumb links PMN Business Article author: Posted March 27, 2023 • 2 minutes to read Article content Asian currencies fell at the beginning of the week along with the dollar It held firm on Monday after…
Yoav Gallant fired after call to halt judicial overhaul
Prime Minister Benjamin Netanyahu fired Defense Minister Yoav Gallant. On Saturday night, Gallant issued a call to halt judicial reform. This evening he was summoned to the Prime Minister's office and told by Netanyahu…
Oil prices move little amid banking sector uncertainty By Investing.com
© Reuters.
by Ambar Warrick
Investing.com - Oil prices held a tight range in Asian trade on Monday, hovering above a 15-month low as markets waited for the next boot drop in a potential banking crisis.
Concerns about rising…
Dow Jones Futures Rise, Silicon Valley Bank Sale Close; Microsoft, Tesla Near Buy Points
Dow Jones futures rose slightly Sunday night, along with futures for the S&P 500 and Nasdaq futures. The banking crisis remains in focus. The headlines have been relatively muted so far this weekend, though a deal could be close for…
Bank stresses brings economy closer to recession, Minneapolis Fed’s Kashkari says
Mario Tama Neil Kashkari, president of the Federal Reserve Bank of Minneapolis, said the recent stresses in the banking system that led to the failures of Silicon Valley Bank and Signature Bank will take time to clear up. During an…
Israel protests intensify after Netanyahu sacks defence minister
Protests erupted across Israel Sunday night after Prime Minister Benjamin Netanyahu sacked his Defense Minister Yoav Gallant for calling for a halt to controversial judicial reform, warning it was a threat to national security.The…
