Italy's new far-right government unveiled its first budget on Tuesday, with most of the nearly 35 billion euros in spending for 2023 going on the energy crisis rather than flashy electoral promises.. - Pension reform - Italy's last populist government, led by the Five Star Movement and the League in 2018-19, clashed with the European Union over its failure to keep spending under control.
Chinese internet giant Baidu reported on Tuesday third-quarter revenues of 32.5 billion yuan ($4.6 billion), representing a year-on-year increase of 2 percent.. Beijing-based Baidu reported a third-quarter loss of 16.6 billion yuan last year, despite revenues rising 63 percent year-on-year to 31.9 billion yuan at the time.
Italy's new far-right government unveiled its 2023 draft budget on Tuesday, with most of the nearly 35 billion euros in spending going on the energy crisis rather than flashy electoral promises.. The draft budget now heads to parliament, where it can be amended.
With a secure job as a bricklayer, Hugo Ramirez never thought he would need the help of charity to feed his family.. But charities that work with the poor say the measures are not enough.
Growing fears about China's latest Covid-19 outbreaks Tuesday rattled investors, who fear authorities will revert to highly restrictive containment measures that have already dealt a chilling blow to the world's number two economy this year.. "Some investors are convinced that China's reopening is a formality and will be catalysed by the (World Health Organization) downgrading Covid to an endemic.
The Peruvian mining city of La Oroya, one of the most polluted places in the world, is seeking to reopen a heavy metal smelter that poisoned residents for almost a century.. - A lifetime of disease - In 2011, La Oroya was listed as the second-most polluted city on Earth, falling into fifth place two years later, according to the Blacksmith Institute, an NGO which works on pollution issues.
Thirty-six people were killed and two are missing after a fire at a plant in central China, state media said Tuesday, citing local authorities.. State media said rescue services first received reports of a fire at 4:22 pm (0822 GMT) at Kaixinda Trading Co., Ltd.
The International Monetary Fund on Monday announced it had approved a deal to give North Macedonia access to 530 million euros to help the country recover from the coronavirus pandemic and knock-on effects from the war in Ukraine.. While recovering from the pandemic, the outlook deteriorated again following Russia's invasion of Ukraine and sharply rising global commodity prices," it said in a statement.
Paramount Global on Monday officially dropped a plan to sell its Simon & Schuster division to rival publisher Penguin Random House after a US judge blocked the $2.2 billion deal on antitrust grounds.. "Penguin Random House is part of the Global Content Strategy, one of our five strategic priorities," said Bertelsmann Chief Executive Thomas Rabe.
In a dramatic twist worthy of a "Star Wars" spin-off, Disney ditched CEO Bob Chapek and brought back Bob Iger, Hollywood's most respected executive, who faces a huge challenge to revive the Magic Kingdom.. And even under the hugely respected Iger, Disney will face pressure from activist investors looking for quick results.
