Christine Lagarde to Step Down as President of European Central Bank

New York Times - Oct 29, 2026

Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president.

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An ‘Endless’ Cruise Around the World Is Suspended, Leaving Passengers Stranded
Oct 29, 2026
An ‘Endless’ Cruise Around the World Is Suspended, Leaving Passengers Stranded

The cruise promised a lifetime of sailing, for less than what it cost to live on land. But it was underfunded and couldn’t absorb the rising cost of fuel.

Hello Kitty maker cuts ties with Japanese spy drama after China backlash
Oct 29, 2026
Hello Kitty maker cuts ties with Japanese spy drama after China backlash

Sanrio has apologised after its merchandise line with Japanese TV series Vivant drew criticism.

Chancellor says government has 'moral duty' to help young people out of work
Oct 29, 2026
Chancellor says government has 'moral duty' to help young people out of work

Chancellor John Healey says any cuts to welfare will be done "in a Labour way".

'We need help for small businesses, not punishment'
Oct 29, 2026
'We need help for small businesses, not punishment'

People in Bilston react to the new Budget set out by Chancellor John Healey.

Fuel is now liquid gold, haulier says after theft
Oct 29, 2026
Fuel is now liquid gold, haulier says after theft

The fuel was stolen from two vehicles at the weekend, the director of M Pinches & Sons Ltd said.

U.S. Restricts Trade With Chinese Genomics Company
Oct 29, 2026
U.S. Restricts Trade With Chinese Genomics Company

The move will block shipments from BGI, a major Chinese firm that U.S. officials allege is associated with forced labor and the abuse of minority groups.

Microsoft profits soar days after announcing thousands of layoffs
Oct 29, 2026
Microsoft profits soar days after announcing thousands of layoffs

The week, the Windows developer said it would offer buyouts to 60,000 workers as it looks to curb costs.

Weil Gotshal, Once a Legal Powerhouse, Plans to Dissolve
Oct 29, 2026
Weil Gotshal, Once a Legal Powerhouse, Plans to Dissolve

The prominent law firm has been rocked by an exodus of high-profile lawyers, a failed succession plan and a scuttled deal to merge with a rival firm.

Fed Holds Rates Steady Despite Lack of Progress on Inflation
Oct 28, 2026
Fed Holds Rates Steady Despite Lack of Progress on Inflation

Kevin M. Warsh, the chairman of the Federal Reserve, said an “information-rich” period before the central bank’s gathering in December will help officials determine next steps for policy.

Fed Holds Rates Steady Despite Lack of Progress on Inflation
Oct 28, 2026
Fed Holds Rates Steady Despite Lack of Progress on Inflation

Kevin M. Warsh, the chairman of the Federal Reserve, said an “information-rich” period before the central bank’s gathering in December will help officials determine next steps for policy.

CNN, MS Now and Politico Update Lawsuit Against Trump Over White House Access
Oct 28, 2026
CNN, MS Now and Politico Update Lawsuit Against Trump Over White House Access

The news outlets argued in an updated lawsuit that they should be granted access to the White House reporting pools.

Restaurants sceptical over 'garlic and gherkins' plan
Oct 28, 2026
Restaurants sceptical over 'garlic and gherkins' plan

Import tariffs on more than 100 items - including garlic, gherkins and plant-based milk - are being removed.

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