Wells Fargo earmarks up to $1 billion for ‘unexpected’ severance costs
Wells Fargo is allocating up to $1 billion for unexpected severance costs in the fourth quarter of the current year. The move is part of the US bank’s strategy to…
How Russia blew an $11 billion hole in the West’s oil embargo
The inadequacy of Western sanctions targeting Russian oil exports is vividly evident just off the coast of Gytheio, a Greek town. Here, two aging oil tankers, with a combined age…
EU faces ‘huge risk’ of terror attacks ahead of Christmas
European Home Affairs Commissioner Ylva Johansson issued a stark warning on Tuesday, highlighting a significant threat of terror attacks in the European Union ahead of Christmas. She attributed this heightened…
Netanyahu: Gaza must be demilitarized after war
Prime Minister Benjamin Netanyahu asserted on Tuesday night that the Gaza Strip must be demilitarized after the current conflict with Hamas. He emphasized that only the Israel Defense Forces (IDF),…
Israel’s army is in the heaviest fighting in the Gaza war
The Israeli army has widened its attacks in southern and central Gaza, with some of the heaviest fighting in the war seeing homes sheltering displaced Palestinians bombed, refugee camps hit…
House passes resolution condemning anti-Semitism
The House passed a resolution on Tuesday condemning antisemitism, led by Republicans with a vote of 311 to 14. Some Democrats raised concerns about the resolution’s broad language, fearing it…
Israel has moved into Gaza’s second largest city
Israel said Tuesday that its troops had entered Gaza second largest city as intensified bombardment sent streams of ambulances and cars racing to hospitals with wounded and dead Palestinians, including…
IDF rare apology after attack kills Lebanese soldiers
In an unusual announcement, the Israel Defense Forces expressed remorse on Tuesday for the death of a Lebanese soldier during a strike on a Hezbollah-affiliated target earlier in the day.…
Tech gains, Dow lag as labor demand slows
US stocks exhibited a mixed performance on Tuesday, influenced by the latest job data released by the US Bureau of Labor Statistics. The technology sector emerged as the primary gainer…
Biden says U.S. aid to Kiev depends on curbing immigration
Republicans in Congress are piling pressure on Joe Biden to accept new curbs on immigration in exchange for extra funding for Ukraine, as rising tensions on Capitol Hill risk thwarting…