Myanmar's military rulers attempted to move about $1 billion held at the Federal Reserve Bank of New York days after seizing power on Feb. 1, prompting U.S. officials to put a freeze on the funds, according to sources including one U.S. government official.
Business & Financial News, U.S & International Breaking News
Biden's Iran approach praised as deft despite lack of progress
U.S. President Joe Biden's refusal to offer upfront sanctions relief to Iran may have angered Tehran's clerical rulers but it has won some praise at home despite his failure so far to draw Iran into nuclear talks or deter attacks on U.S. forces in Iraq.
The young Afghan media worker who risked all for women's rights
Last December, Afghan media worker Shahnaz Mohmand rushed to comfort her female colleagues as they reeled in shock after fellow employee Malala Maiwand was shot dead in the eastern city of Jalalabad.
YouTube will lift ban on Trump channel when risk of violence decreases: CEO
Alphabet Inc's YouTube will lift its suspension on former U.S. President Donald Trump's channel when it determines the risk of real-world violence has decreased, the company's CEO, Susan Wojcicki, said on Thursday.
Pandemic shoots up costs for Costco, profit misses estimates
Costco Wholesale Corp missed analysts' estimates for second-quarter profit on Thursday, as the warehouse club operator spent more on employee benefits who worked through the COVID-19 pandemic and sanitizing its stores.
Northern Irish loyalist paramilitaries withdraw support for 1998 peace deal
Northern Irish loyalist paramilitary groups have told British Prime Minister Boris Johnson they are temporarily withdrawing support for the 1998 peace agreement due to concerns over the Brexit deal.
Saudi prince pushes on with $500 billion megacity as U.S. points the finger over Khashoggi killing
It seems an unlikely vision, a megacity in the desert with no cars or roads, all run by machines that can recognise your face.
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