Myanmar's junta lost a tug of war over leadership of its U.N. mission in New York and the United States unveiled new sanctions targeting military conglomerates after the deaths of dozens of civilians protesting against last month's coup.
Business & Financial News, U.S & International Breaking News
China sets 'low bar' for GDP growth, pledges more jobs
China on Friday set a modest annual economic growth target, at above 6%, and pledged to create more jobs in cities than last year, as the world's second-biggest economy planned a careful course out of a year disrupted by the effects of COVID-19.
Senate delays debate on Biden's $1.9 trillion COVID-19 bill while it is read aloud
The U.S. Senate voted on Thursday to take up President Joe Biden's $1.9 trillion coronavirus aid bill, but put off the start of a contentious debate until the full text of the 628-page bill is read aloud.
GameStop spikes as investors eye cryptic tweet by shareholder
Shares of Reddit-darling GameStop climbed on Thursday, rising more than 20% at one point in yet another unexplained move that left market watchers looking for a possible catalyst.
Australia says inquiry spurred by rape allegations to report findings in November
An independent inquiry into the workplace culture of Australia's Parliament launched after several rape allegations involving staff members of the ruling Liberal party will report its findings by November, Finance Minister Simon Birmingham said on Friday.
South Korea envoy hopes to wrap up talks with U.S. on defence costs
South Korea is seeking to iron out remaining differences and sign a deal with Washington on sharing costs for stationing 28,500 American troops in the country, its chief envoy said on Thursday.
Texas electric industry financial crisis to grow as more costs surface
The Texas electricity market faces "insurmountable distress" as more gas and service bills come due, power industry officials said on Thursday at a hearing into financial fallout from the state's February blackout.
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