
ECB must continue inflation fight 'with determination', Schnabel says
LONDON The European Central Bank must continue its fight to tame inflation "with determination" because wages are rising,
1970-01-01 08:00

Republican Senator Tim Scott launches 2024 presidential bid
Senator Tim Scott, the only Black Republican member of the upper chamber, has officially declared himself a candidate for president in next year’s Republican primary election. According to a statement of candidacy filed on Friday with the Federal Election Commission, Mr Scott has designated his official campaign committee as “Tim Scott for America”, with a campaign address in the Palmetto State’s capital, Charleston. Mr Scott, who has served as South Carolina’s junior senator since 2013, was first appointed to his Senate seat by one of his presidential primary opponents, then-South Carolina governor Nikki Haley. He filled a vacancy left by the resignation of Jim DeMint, who left the Senate to lead the Heritage Foundation, a conservative think tank. At the time of his appointment, Mr Scott was the first Black senator to represent a state that had been part of the Confederacy during the American Civil War and the first Black Republican since Massachusetts senator Edward Brooke left the body in 1979. The then-freshman GOP senator retained the seat he’d been appointed to in a 2014 special election and was reelected easily in 2016 and 2022 with at least 60 per cent of the vote in both elections. He has long been considered a rising star in the Republican Party, and was given the honour of delivering the party’s response to president Joe Biden’s inaugural address to Congress in 2021. Mr Scott, whose campaign website has teased a “special announcement” on 22 May, joins a GOP primary field that includes Ms Haley, former president Donald Trump, ex-Arkansas governor Asa Hutchinson and businessman Vivek Ramaswamy. Florida governor Ron DeSantis and ex-New Jersey governor Chris Christie are also expected to officially enter the GOP presidential field in the coming days. Mr Trump, who has retained his preeminent position in the GOP despite being impeached twice by the House of Representatives, losing the 2020 election, inciting a deadly attack on the US Capitol in an effort to remain in power, facing criminal charges in his former home state of New York and his status as a potential defendant in at least two more criminal probes, currently holds a commanding advantage in most polls. Read More Parents of transgender kids seek to block DeSantis ban on gender-affirming care for minors How one North Carolina lawmaker's defection from the Democratic Party upended abortion protections Missouri governor to announce his pick as new St. Louis prosecutor after Kim Gardner resignation
1970-01-01 08:00

Don’t Give Up Inflation Fight, BIS’s Carsten Tells Central Banks
Global central banks can’t afford to flinch in what may be a prolonged struggle to fully tame consumer
1970-01-01 08:00

HPE and Tokyo Tech Collaborate to Build the Next Generation TSUBAME4.0 Supercomputer for Artificial Intelligence, Scientific Research, and Innovation
TOKYO--(BUSINESS WIRE)--May 19, 2023--
1970-01-01 08:00

Ukraine's Kalinina dedicates win to homeland after beating a Russian to reach Rome final
Ukraine’s Anhelina Kalinina has beaten Russia’s Veronika Kudermetova 7-5, 5-7, 6-2 at the Italian Open to reach the biggest final of her career
1970-01-01 08:00

Egypt: A Family-Friendly Exotic Destination
BERLIN--(BUSINESS WIRE)--May 19, 2023--
1970-01-01 08:00

US military leak suspect got offer to bolster intelligence skills
By Tim McLaughlin WORCESTER, Massachusetts Superiors of the U.S. Air National Guardsman accused of leaking military secrets offered
1970-01-01 08:00

JPMorgan investors to scrutinize First Republic takeover
By Nupur Anand NEW YORK As JPMorgan Chase & Co CEO Jamie Dimon prepares to take the stage
1970-01-01 08:00

Morgan Stanley's James Gorman, who arrived at the bank shortly before financial crisis, to retire
Morgan Stanley’s long-time CEO James Gorman will retire in the next 12 months, he said Friday at the bank’s annual shareholder meeting
1970-01-01 08:00

Air strikes hammer Khartoum as army chief drops RSF foe from Sudan council
KHARTOUM Sudan's capital Khartoum and sister city Bahri came under renewed air attack on Friday as the war
1970-01-01 08:00

Guardiola prefers Man City to win EPL title at home rather than from Arsenal loss
The first phase of Manchester City’s three-pronged trophy pursuit could be secured before Pep Guardiola’s team even takes the field against Chelsea on Sunday
1970-01-01 08:00

Idina Menzel and Jonathan Van Ness speak out against anti-LGBTQ legislation
Idina Menzel and Jonathan Van Ness are speaking out about anti-LGBTQ legislation being put forward in states across the country.
1970-01-01 08:00