UK PM says ‘sausages’ instead of hostages during speech

UK PM says ‘sausages’ instead of hostages during speech

United Kingdom Prime Minister Keir Starmer made an unfortunate gaffe during a speech at his party’s conference Tuesday when he mistakenly called for the return of “sausages,” instead of hostages, held by Hamas in the Gaza Strip.  Starmer was speaking at the Labour Party’s annual conference in Liverpool when he called for a de-escalation between … Read more

Japan says Russian patrol aircraft violated its airspace

Japan says Russian patrol aircraft violated its airspace

A Russian military patrol aircraft violated Japanese airspace near Hokkaido’s Rebun Island on three separate occasions on Monday, prompting Japan’s Self-Defense Force to dispatch aircraft in an emergency response and to fire flares. RUSSIAN AIRCRAFT DETECTED, MONITORED FLYING THROUGH AIR ZONE CLOSE TO U.S.: NORAD It is the first time Japan’s SDF aircraft has fired … Read more

Sri Lanka’s new president dissolves parliament

Sri Lanka’s new president dissolves parliament

Sri Lanka’s new president has dissolved parliament to make way for a snap general election. Anura Kumara Dissanayake dissolved the 225-member parliament in which his left-leaning National People’s Power (NPP) alliance had just three seats. The election will take place on 14 November, almost a year ahead of schedule, according to a notification in the … Read more

Equity flows were highest in nearly 2 years last week

Equity flows were highest in nearly 2 years last week

Investors bought into the interest rate cut. Equity inflows last week were the largest they had been in roughly two years, according to Jill Carey Hall, equity and quant strategist at Bank of America Securities. The Wall Street bank reported its clients snapped up $6.9 billion worth in stocks, the highest level going back to … Read more

U.S. Steel CEO defends planned sale to Japan’s Nippon, believes deal will ‘close on its merits’

U.S. Steel CEO defends planned sale to Japan’s Nippon, believes deal will ‘close on its merits’

U.S. Steel CEO David Burritt on Tuesday defended the company’s planned sale to Japan’s Nippon Steel, expressing confidence that the deal will “close on its merits” despite President Joe Biden’s vocal opposition. “We strongly believe the deal closes on its merits,” Burritt said in an interview on CNBC’s “Money Movers.” “It strengthens national security, it … Read more