At least 145 people feared dead after Congo boat sinking
An official in northwestern Congo says at least 145 passengers are missing and feared dead after their motorized boat capsized on a river at night.
Business
EU corruption case suspect takes aim at detention conditions
Lawyers for a former European Parliament vice president at the heart of the corruption scandal rocking the European Union assembly are worried by her detention conditions.
Cyprus protests portrayal as safe haven for Russian money
Cyprus’s finance minister says the country has frozen about 1.5 billion euros ($1.6 billion) in Russian-linked deposits and assets in accordance with European Union sanctions over the war in Ukraine.
Average long-term US mortgage rate lowest since September
The average long-term U.S. mortgage rate fell this week to its lowest level since September, a potential boost to the housing market which has been in decline for nearly a year.
Keir Starmer and Rachel Reeves fill a vacuum in Davos charm offensive
Labour’s top team take advantage of Rishi Sunak’s absence from the World Economic ForumIt was blue versus red in Davos. Within minutes of the business secretary, Grant Shapps, regaling a CBI lunch at the swanky Belvedere hotel about his plans to “scale…
JP Morgan chief says US should not be ‘playing games’ with debt ceiling
Jamie Dimon warns that US creditworthiness should be ‘sacrosanct’ as country’s debt races toward $31.4tn limitThe US should not be “playing games” with the debt ceiling, the JP Morgan chief executive, Jamie Dimon, warned warring US political factions o…
Signals point to gentler Federal Reserve in 2023
Easing inflation and a cooling job market are raising hopes on Wall Street that a gentler Federal Reserve is on the way in 2023.
RMT has received new pay offer from train operators, union says
Companies have made a ‘final offer’ to union including pay rise of 9% over two yearsUK politics live – latest news updatesTrain operators have made a fresh offer to the RMT union of a 9% rise over two years for onboard crew and station staff, raising h…
Muddled policies putting UK’s lead in creative industries at risk, peers warn
Report criticises indifference to sector’s potential and calls for new approach to address skills shortagesThe UK risks losing its leading position in the creative industries in the face of international competition, rapid technological change and the …
Amazon axes charity programme amid wider cost-cutting moves
AmazonSmile allowed the company to donate a small percentage of eligible purchases to a charity selected by shoppers