Canberra, Australia CNN — More than a year after the United States, the United Kingdom and Australia dropped the tightly held news they were combining submarine forces, the trio released more details Monday of their ambitious plan to counter China’s rapid military expansion. Under the multi-decade AUKUS deal, the partners will build a combined fleet […]
Hong Kong CNN — China’s most important annual political meetings wrapped up Monday, leaving leader Xi Jinping firmly at the helm of a superpower that appears more eager to push back against the United States than at any time in decades. Much of what took place over 10 days in Beijing at the highly choreographed […]
San Diego CNN — President Joe Biden will be flanked on Monday by a 377-foot submarine – the USS Missouri – as he announces an accelerated timeline for Australia to receive its own nuclear-powered submarines early next decade. But looming much larger will be the increasingly tense US relationship with China, which has emerged as […]
CNN — Mexico is a safer country than the United States, Mexican President Andrés Manuel López Obrador argued on Monday, weeks after the high-profile kidnapping of four Americans drew global attention to the country’s security crisis. “Mexico is safer than the United States. There is no issue with traveling safely through Mexico. That’s something the […]
New York CNN — Silicon Valley Bank collapsed Friday morning after a stunning 48 hours in which a bank run and a capital crisis led to the second-largest failure of a financial institution in US history. California regulators closed down the tech lender and put it under the control of the US Federal Deposit Insurance […]
London/Hong Kong CNN — Markets in Europe and Asia tumbled Friday following a sharp selloff in banking stocks in the United States as a major tech lender said it had to sell shares to plug a hole in its finances. SVB Financial Group (SIVB), which is partnered with nearly half of all venture-backed tech and […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — The US labor market is remarkably strong — unemployment is sitting at five-decade lows […]
New York CNN — As the American survivors of last week’s bloody kidnapping in Matamoros receive medical treatment, and the bodies of those killed are repatriated, Mexico’s broader epidemic of disappearances remains largely unsolved: More than 100,000 Mexicans and migrants have disappeared, with no explanation of their fate for families. The Mexican defense ministry said […]
CNN — The US transferred an alleged al Qaeda bomb maker from Guantanamo Bay to Saudi Arabia, the Defense Department announced Wednesday, part of the Biden administration’s ongoing efforts to close the prison facility. Ghassan Al Sharbi, a 48-year-old Saudi native who has been held in detention at Guantanamo Bay for 20 years, was sent […]
Minneapolis CNN — There’s a slight chill running through the US labor market, but the temperature is still too high for the Federal Reserve. The number of job openings in the United States fell to 10.8 million in January, down from an upwardly revised 11.23 million in December, the Bureau of Labor Statistics reported Wednesday […]
