averts

Shipping containers are seen stacked on a ship at a sea port in Karachi, Pakistan, April 6, 2023. — AFPAs the International Monetary Fund (IMF) announced that it has reached a staff-level agreement (SLA) with Pakistan, the director…

WASHINGTON: US senatorsvoted to suspend the federal debt limit on Thursday, eliminating the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury.The upper chamber of Congress rubber-stamped a bill…

President Biden is scheduled to deliver a rare Oval Office address on Friday evening after congressional passage of legislation that narrowly averts the economic calamity of a first-ever default on the nation’s debt.The legislation, knows…

WASHINGTON: The US Senate on Thursday (Jun 1) passed bipartisan legislation backed by President Joe Biden that lifts the government's US$31.4 trillion debt ceiling, averting what would have been a first-ever default. The Senate voted 63-36…

Twitter avoided a proposed class-action lawsuit on Monday, which accused the social media giant of gender discrimination in its layoffs, after a California federal judge dismissed the case due to insufficient information provided by the…

Japan's economy averted recession but rebounded much less than expected in October-December as business investment slumped, a sign of the challenge the central bank faces in phasing out its massive stimulus programme.While private…

Charging points for electric vehicles in London, England.Jon Challicom | Moment | Getty ImagesLONDON — U.K.-based electric vehicle battery firm Britishvolt said Wednesday it had secured short-term funding, a move that will enable it to…

…

Chinese-owned short video-sharing app TikTok has agreed to boost European Union users' rights, EU regulators said on Tuesday, averting possible sanctions in a case sparked by multiple complaints from consumer groups in the bloc.The European…

BRUSSELS : Chinese-owned short video-sharing app TikTok has agreed to boost European Union users' rights, EU regulators said on Tuesday, averting possible sanctions in a case sparked by multiple complaints from consumer groups in the…