List of All Articles with Tag 'world'

M&T Bank Corp. is the lone issuer tapping the investment grade primary market Thursday, as new issues trail

Treasury Secretary Janet Yellen said that the surge in longer-term bond yields in recent months is a reflection

The rout in US stocks has brought the S&P 500 Index to a crucial inflection point. It’s teetering

BlackRock Inc. predicts that the global private debt market will roughly double to $3.5 trillion by 2028, one

Cemex SAB’s shares rose as sales beat estimates, even as the company reported a steep drop in profits.

Whirlpool Corp. shares tumbled after the Maytag owner trimmed its full-year profit outlook amid an uptick in promotions

Hasbro Inc. fell after reporting quarterly results that missed Wall Street estimates on sales and earnings and lowering

European Union leaders gathered Thursday to debate ways to use their combined leverage to ensure that more aid reaches Palestinians in need, and how to help EU citizens in Gaza escape danger, including some held hostage by Hamas. EU nations have long been divided in their approach to Israel and the Palestinians, but the brutal nature of the Hamas attack on Israel on Oct 7., which killed more than 1,400 people, and the hardship of civilians forced from their homes in Gaza have shone a bright spotlight on those divisions. Across the EU spectrum, Austria, Germany and Hungary are among Israel's top supporters. The leaders of Austria and Germany went to Israel to show solidarity after the assault. Spain and Ireland often focus on the plight of the Palestinians. Hamas, for its part, is on the EU’s list of terrorist groups. The challenge has been to strike a balance between condemning the Hamas attacks, supporting Israel’s right to defend itself and ensuring that the rights of civilians on both sides are protected under international law. EU envoys have wrangled in recent days over whether to call for a “humanitarian pause” or “pauses,” or even a “window” in the fighting, to allow aid in. Israel’s strongest backers oppose any language that might be seen to constrain its right to self-defense. Meanwhile, the death toll in Gaza has soared past 7,000, according to Palestinian officials. It’s unprecedented in the decades-long Israeli-Palestinian conflict. A draft of the leaders’ summit statement, seen by The Associated Press, sees them call “for continued, rapid, safe and unhindered humanitarian access and aid to reach those in need through all necessary measures including humanitarian corridors and pauses.” Irish Prime Minister Leo Varadkar said: “I’m not obsessed about what language we use. What we want is the killing and the violence to stop; to stop so that humanitarian aid can get into Gaza, where Palestinian people are ... suffering, and also to allow us to get EU citizens out." He said that about 30 Irish Palestinian citizens are stuck. "We’re keen for them to be able to leave Gaza if they want to leave, and that’s currently not possible,” Varadkar told reporters. Despite its limited political leverage, the 27-nation bloc is the world’s top aid supplier to the Palestinians. It has sent almost 78 million euros ($82 million) this year and over 930 million euros ($982 million) since 2000. The EU has little influence over Israel – the United States is its staunchest ally – but remains the country’s biggest trade partner. The EU’s executive branch, the European Commission, has trumpeted what it calls an “air bridge” for Gaza – it consists of two plane loads of aid so far – and has demanded that more humanitarian assistance be allowed into poverty and conflict-hit Gaza. In recent days, Israel has let more than 60 trucks with aid enter from Egypt. Aid workers and the EU say it's not enough, just a tiny fraction of what came in before the war. Israel is still barring deliveries of fuel — needed to power generators — saying it believes that Hamas will take it. A warning by the U.N. agency for Palestinian refugees, UNRWA, over waning fuel supplies has raised alarm that the humanitarian crisis could quickly worsen. Gaza’s population has also been running out of food, water and medicine. The EU is UNRWA’s third biggest funder. Dozens of European nationals are believed to be among the more than 200 Israelis and foreigners taken hostage by Hamas. Scores more have been caught up in the turmoil as around 1.4 million of Gaza’s 2.3 million residents fled their homes under orders from the Israeli army. Exact numbers are difficult to establish as some countries prefer not to provide them for security reasons. EU officials also declined to say. Qatar has become a key interlocutor for countries hoping to have their captive nationals released. EU officials have said that Turkey could also play an important role, underscoring the need for the bloc to maintain good relations with countries in the region, beyond Israel. In the draft summit statement – perhaps due to the extreme security concerns – the leaders note only that they “reviewed the state of play and the follow-up on the different strands of action, including concerted efforts to assist EU citizens.” Read More Harris will attend an AI summit at a UK estate that was a base for World War II codebreakers European Union to press the leaders of Serbia and Kosovo to set decades of enmity behind them Europe's central bank is set to halt rate hikes as the Mideast war casts a shadow over the economy Israel-Hamas war could threaten already fragile economies in Egypt, Lebanon and Jordan British leader Rishi Sunak marks a year in office with little to celebrate Belgian police are looking for a Palestinian man following media report he could plan an attack

Harley-Davidson Inc.’s third-quarter profit missed estimates and sales plunged amid elevated borrowing costs in the US and economic

Comcast Corp. reported higher earnings, boosted by its theme parks and broadband business, even as cable-TV subscribers continued

Southwest Airlines Co. is slowing growth plans for next year to better match moderating travel demand and warned

The Pope on Tuesday accepted the resignation of a Polish bishop whose diocese has been hit by reports of an orgy involving priests and a male sex worker. The Vatican did not give any reason for the departure of 59-year-old Bishop Grzegorz Kaszak as head of the diocese of Sosnowiec, in southwestern Poland. The bishop resigned after one of his priests was placed under criminal investigation over reports from last month that he had organised a sex party. It was also alleged that the male sex worker who had been invited to the orgy involving priests from the diocese had lost consciousness due to an overdose of erectile dysfunction pills. In September, Gazeta Wyborcza, a liberal daily Polish newspaper, published a report stating that during the gathering, which took place in a facility owned by the parish of the Blessed Virgin Mary of the Angels in Dabrowa Gornicza, one of the priests had contacted emergency services to request an ambulance. But the paper — according to the New York Times — reported that the priests at the event hindered paramedics from helping the unconscious man. Paramedics later called the police and only then the priests relented. Waldemar Lubniewski, spokesman for the District Prosecutor’s Office in Sosnowiec, said at the time the investigation was focused on a “failure to provide assistance to a person in a situation that poses an immediate threat of loss of life or serious damage to health”. Father Tomasz Z, the priest who allegedly arranged the sex party within his church apartment, was identified solely by the diocese. He spoke with the Polish media last month, contesting the specific details of the incident. He questioned the accuracy of the count of priests present during the alleged sex party and remarked, “it is worth reading what the definition of an orgy is”. He brushed off the controversy over the events in his apartment as “an obvious attack on the church, including the clergy and believers” and said that the uproar would not have happened if “something similar had happened” to a person outside the clergy. But the diocese largely corroborated the media reports. It said that an outside investigative commission had concluded that Father Tomasz committed “a very serious violation of moral norms” as well as of his obligations as a priest. In a statement last month, the diocese said that the “participation” of Father Tomasz “in what happened on the night of August 30-31 is not in doubt”. It said that he had been stripped of all functions at the diocese and was “sent to live outside the parish”. Kaszak announced his resignation on 24 October but did not provide any more details. He has not been accused of having been involved in the alleged orgy but reports say he is being held responsible for the conduct of the priests under his diocese. “I ask everyone to forgive my human limitations,” he wrote in his statement. “If I have offended anyone or neglected something, I am very sorry.” Kaszak was designated as a bishop in 2009 by the then-Pope Benedict XVI, following a brief stint as the second-in-command in the Vatican’s family office. The Vatican embassy in Poland has announced that Archbishop Adrian Galbas of Katowice will serve as a temporary administrator, overseeing the diocese of Sosnowiec until the appointment of a new bishop. Read More The pope's absolute power, and the problems it can cause, are on display in 2 Vatican trials Vatican defends wartime Pope Pius XII as conference honors Israeli victims of Hamas incursion Pope Francis pushes to ‘open church to all’ as critics accuse him of ‘poisoning’ Catholicism 'Let's Fly,' the latest exhibition from the Balloon Museum, awakens childlike wonder in all of us Experts reconstruct the face of Peru’s most famous mummy, a teenage Inca sacrificed in Andean snow Pope accepts resignation of bishop of Polish diocese where gay orgy scandal under investigation