The US Congress passed legislation Thursday to avert a freight rail strike that could have been devastating for the economy, intervening to break an impasse between workers and management as the holiday season approaches.. I'm going to continue to fight for paid leave for not only rail workers, but for all American workers," Biden said Thursday. cjc-bys/dw
Austrian farmers were left fuming after an advert for winter tourism featured oat -- instead of cow's -- milk, in what industry representatives sourly slammed as an "affront to Tyrolean farmers".. "It can't be that a promotional video for Tyrol features 'oat milk' and not the very own, genuine Tyrolean milk," Josef Hechenberger, president of the Tyrolean Chamber of Agriculture said in a statement.
A closely-watched measure of US inflation edged down in October, government data showed Thursday, with costs of goods easing while spending remained resilient.. "Household spending has remained resilient in the face of a 40-year high in inflation and rising borrowing costs.
Britain's exit from the European Union added almost £6 billion to consumers' food bills, hitting the poor the hardest and further stoking red-hot inflation, a study said Thursday.. The hike disproportionately hit the poor because those on low incomes spend a greater share of their pay on food than richer people.
Natural and man-made catastrophes have caused $268 billion of economic losses so far in 2022, chiefly driven by Hurricane Ian and other extreme weather disasters, reinsurance giant Swiss Re estimated Thursday.. Of the estimated $268 billion total economic losses for property damage so far this year, $260 billion are from natural catastrophes and $8 billion from man-made disasters, such as industrial accidents.
Swedish-Swiss engineering giant ABB, which helped construct a huge power plant near Johannesburg, will pay reparations to South Africa over "criminal conduct" at the struggling power utility Eskom, prosecutors said Thursday.. It said it had finalised a settlement agreement with Asea Brown Boveri (ABB) to pay over more 2.5 billion rand ($144,000) in "punitive reparations" to South Africa.
Unemployment in the eurozone has dropped to a record low, at 6.5 percent in October, the EU's Eurostat statistics office said Thursday.. Younger people had the highest unemployment rate in the EU and its eurozone, at 15.1 percent and 15.0 percent respectively, according to Eurostat.
Tech billionaire Elon Musk said on Wednesday one of his companies would in six months be able to implant a device into a human brain that would allow communication with a computer.. Musk said the company would try to use the implants to restore vision and mobility in humans.
Salvadoran digital newspaper El Faro's employees filed a lawsuit in a US federal court on Wednesday against NSO Group, alleging the Israeli firm's controversial Pegasus software was used to spy on them.. "One of the main demands of this lawsuit is that the federal court require NSO Group to identify, return and delete all information obtained through these attacks," El Faro said.
SpaceX on Wednesday postponed the launch of the world's first private lander to the Moon, a mission undertaken by Japanese firm ispace.. The delay came after the launch had already been postponed by a day due to the need for additional pre-flight checks, SpaceX and ispace said on Wednesday.