US FDA seeks to allow salt substitutes in everyday foods
The U.S. Food and Drug Administration (FDA) on Friday said it was proposing a rule to allow the use of salt substitutes in everyday foods
Global banks face renewed selling pressure
Banking stocks fell sharply again on Friday, with European giants Deutsche Bank and UBS knocked by worries that regulators and central banks have not yet
First major fire of year destroys 3,000 hectares in Spain
Spain’s first major wildfire of the year raged in the eastern Valencia region on Friday, destroying more than 3,000 hectares (7,413 acres) of forest and
Analysis: Credit Suisse collapse threatens Switzerland’s wealth management crown
The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the world’s leading wealth management centre, experts warn, calling into question its
Potential TikTok ban sends advertisers scrambling
Advertisers are seeking any assurances from TikTok, the viral app that helped usher in a wave of short-form video across social media, as the Chinese-owned
First Republic shares fall as Yellen says not considering ‘blanket insurance’ on bank deposits
A “bull case” scenario for the shares of beleaguered First Republic Bank as it considers its options became more difficult on Wednesday after Treasury Secretary Janet
Citigroup CEO declares ‘this is not a credit crisis’ after U.S. bank failures
Citigroup Inc CEO Jane Fraser on Wednesday expressed confidence in U.S. banks after a series of closures rattled investors and fueled turmoil in global financial markets.
Accenture cuts jobs, trims forecasts on worries of lower IT spending
Accenture Plc lowered its annual revenue and profit forecasts and said on Thursday it would cut about 2.5% of its workforce, the latest sign that
TikTok CEO to face tough questions amid calls for U.S. ban
TikTok’s chief executive will face tough questions on Thursday from lawmakers who are convinced the Chinese-owned short video app should be barred for being a
Indian court orders Rahul Gandhi to two years in jail for Modi comment
A lower court in India sentenced opposition leader Rahul Gandhi on Thursday to two years in jail on charges of defamation for a 2019 speech
