India wants to be the ‘pharmacy of the world.’ But first, it must wean itself from China
Already the world’s third-largest manufacturer of medicines by volume, India has one of the lowest manufacturing costs globally.Â
Fed minutes point to more rate hikes that go further than the market anticipates
The rate-setting Federal Open Market Committee on Wednesday released the minutes from its May 3-4 meeting.
Probe reveals details of boozy parties at U.K. leader’s house during COVID lockdown
Johnson apologizes for lockdown gatherings London — One person got sick after drinking too much. A “minor altercation” broke out between two others. Red wine spilled on a wall and …
“CBS Evening News” headlines for Tuesday, May 24, 2022
Here’s a look at the top stories making headlines on the “CBS Evening News,” hosted by John Dickerson.
Tech rout is just a ‘shake-out’: Top CEOs predict what’s next for markets
A recent sell-off in global technology stocks is not likely to metastasize into a crisis, top CEOs and investors have told CNBC.
Biden appears to nudge India’s Modi — in person — on his Ukraine stand
Biden vows to defend Taiwan from China Tokyo — President Joe Biden told fellow Indo-Pacific leaders assembled for a four-country summit Tuesday that they were navigating “a dark hour in …
U.S. announces major Asia economic deal in effort to boost profile, counter China
In a move to raise its profile and create a counterbalance to China within Asia, the United States has announced the Indo-Pacific Economic Framework.
Biden says U.S. would intervene militarily if China invades Taiwan
Biden visits Japan to strengthen ties Tokyo — Biden says U.S. would intervene militarily if China invades Taiwan President Joe Biden said Monday that the U.S. would intervene militarily if China …
Stock futures rise after Dow falls for 8th-straight week in relentless sell-off
Stock futures rose in overnight trading Sunday after the Dow fell for its 8th straight week amid a broader market sell-off.
U.S., South Korea open to expanded military drills
Biden reaffirms alliance with South Korea SEOUL, South Korea — U.S. President Joe Biden and South Korean President Yoon Suk Yeol said after meeting Saturday that they will consider expanded …