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...Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley....
...[MUSIC PLAYING] US lawmakers grilled the CEO of TikTok during a congressional hearing yesterday....
...In addition, the US will need congressional approval for its own tranche of the extra World Bank funding, which could be a hard sell with Republicans in control of Congress....
...Opinion: governor Gavin Newsom’s ban on petrol-powered car sales collides with the state’s love affair with the vehicle....
...On Friday, Steve Bannon, the former adviser to Donald Trump and intellectual godfather to the Make America Great Again movement, was convicted of contempt of Congress for refusing to co-operate with the congressional...
...He dismissed forecasts from local banks that recent aggressive interest rate rises by the central bank to combat inflation and growing market turbulence ahead of the October 2022 presidential and congressional...
...Although Democrats were comforted by Governor Gavin Newsom’s comfortable victory in the California recall election this month, there are growing fears that the party could lose the Virginia’s governors race...
...On Thursday, the heads of 20 retailers, including CVS, Home Depot and Target, wrote to Congressional leaders to urge them to act....
...And that did win plaudits from the likes of the World Bank, who said it did a lot to prevent poverty from rising....
...Newsom fends off Republican-led recall vote California governor Gavin Newsom has defeated a Republican-led effort to recall him from office over his handling of the Covid-19 crisis....
...“The bumper sticker would say, we’re past the V,” says Michael Gapen, chief US economist at Barclays, referring to the shape of the recovery since the shocking collapse last year....
...George Parker And Gavin Williamson, the former chief whip, never far from political mischief. He was wandering around the conference centre as well....
...Meanwhile Swiss bank UBS also announced today that it had lost $774m from trades linked to Hwang....
...California is targeting the full reopening of its economy by mid-June, governor Gavin Newsom announced on Tuesday....
...(FT) ECB squashes Deutsche Bank plans on bonuses The European Central Bank has shot down Deutsche Bank’s plans to increase its bonus pool by more than a third after Germany’s largest lender reported a small...
...The Central Bank of Nigeria is attempting to temper the euphoria with warnings that inexperienced investors could lose their meagre savings....
...Hungary is the only EU member to have approved both the Chinese-made Sinopharm and Russian-made Sputnik V vaccines....
...Mr López Obrador has lashed out at the Inter-American Development Bank (IDB), the Mexican Business Council of major companies and even the central bank after they stepped in with their own Covid-19 measures...
...The European Central Bank has warned that massive public sector deficits could “reactivate” the mutually reinforcing downward pull of government and bank creditworthiness last seen in the eurozone debt crisis...
...Earlier optimistic hopes of a sharp V-shaped British recovery seem to be fading as new coronavirus spikes appear....
...“What you’re seeing is an expectation of a V-shaped recovery and that may prove to be too optimistic,” said one equity analyst....
...The president sued the companies — accounting firm Mazars USA and banks Deutsche Bank and Capital One — to stop them from complying with the subpoenas. What is Mr Trump arguing?...
...But negotiations with congressional Democrats, who control the House of Representatives, and the White House could be testy....
...Spurs vs Arsenal: out in the wash To Smith & Wollensky’s steakhouse just off the Strand, for the fifth annual Spurs v Arsenal City dinner....
...Teacher's pick Gavin Clarke at Emmanuel College picks UK pound hits lows of the day with Brexit votes looming to illustrate specification topics exchange rates, monetary policy, market intervention....
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