Biden administration set to ask Congress for additional funding for Ukraine, Covid, and disaster recovery

Bali, Indonesia CNN — The Biden administration is calling on Congress to include additional funding in the must-pass government package for what it said are three “critical funding needs”: Continued support for the people of Ukraine, Covid-19 response and natural disaster recovery. Congress returned for a lame duck session on Monday and has a short … Read more

Cash-strapped Pakistan to receive additional $13 billion from China, Saudi Arabia

Finance Minister Ishaq Dar said that during Prime Minister Shehbaz Sharif’s recent visit to Beijing, the Chinese leadership promised to roll over $4 billion in sovereign loan Finance Minister Ishaq Dar said that during Prime Minister Shehbaz Sharif’s recent visit to Beijing, the Chinese leadership promised to roll over $4 billion in sovereign loan Cash-strapped … Read more

Dan Scharf Takes On Additional Duties at Amazon Studios – Deadline

Dan Scharf — the VP and global head of business affairs at Amazon Studios — will now oversee production, studio operations, casting, and studios music. Jennifer Salke, head of Amazon Studios, made the internal announcement Wednesday. This change is effective immediately. Scharf will continue to report to Salke. Since joining Amazon Studios in 2013, Scharf has been described as a … Read more

Suncor to buy additional stake in Fort Hills project from Teck in C$1B deal (NYSE:SU)

RiverNorthPhotography/iStock Unreleased via Getty Images Suncor Energy (NYSE:SU) said Wednesday it agreed to acquire an additional 21.3% stake in the Fort Hills oil sands project and associated sales and logistics agreements from Teck Resources (NYSE:TECK) for ~C$1B (US$737M) in cash. The deal will raise Suncor’s (SU) aggregate share in the project to 75.4%; TotalEnergies (TTE) … Read more

Live news updates: Tories announce additional details for Monday’s leadership vote

The Conservatives have set a high threshold for leadership hopefuls to make it on to the ballot paper for the next party leader. Candidates will have to have the support of 100 MPs — a big jump on the 20 MPs needed to enter this summer’s contest when Liz Truss was chosen. As there are … Read more

U.K. announces additional 10 million pounds aid for flood relief efforts in Pakistan

The latest aid will bring Britain’s total contribution to GBP 26.5 million of humanitarian aid for Pakistan’s flood relief efforts. The latest aid will bring Britain’s total contribution to GBP 26.5 million of humanitarian aid for Pakistan’s flood relief efforts. The U.K. on Friday announced an additional 10 million pounds humanitarian assistance for flood relief … Read more

Bitcoin Price Recovery Won’t Be Easy, Why Bears Target Additional Weakness

Bitcoin price is struggling below the $19,200 support against the US Dollar. BTC remains at a risk of more losses below the $18,500 support in the near term. Bitcoin is showing bearish signs below the $19,200 and $19,500 levels. The price is trading below above $19,500 and the 100 hourly simple moving average. There is … Read more

Amazon tries to revive ecommerce business with additional Prime Day

Amazon is holding its second Prime Day shopping event in a year for the first time this week in a bid to boost its flagship ecommerce product and reverse declining sales. The stakes for the $1.3tn group are high as it seeks to recruit new Prime members in saturated markets while cementing the scheme’s worth … Read more