Fed Chair Jerome Powell speaks at Dealbook conference

Shalom Nagar, the man who hanged Nazi war criminal Adolf Eichmann in Israel in 1962, has died in his late 80s. Nagar, a prison guard at the facility where Eichmann was kept, was chosen for the task and did not volunteer. He said he had nightmares about it for years afterwards. The hanging was the…

Rising global trade tensions present a risk to the euro area economy, the bloc’s central bank found in its biannual Financial Stability Review out on Wednesday. The European Central Bank also said weak growth was now a bigger threat than high inflation in the 20-nation euro zone. The latest figures recorded euro zone economic growth…

National Crime Agency A boat alleged to have been supplied to people smugglers A man suspected of being a significant supplier of small boats equipment to people smugglers has been arrested. The man is suspected of supplying engines and boats to smugglers in northern France, according to the UK’s National Crime Agency (NCA). The Turkish…

Ukrainian President Volodymyr Zelensky says he is certain the war with Russia will “end sooner” than it otherwise would have done once Donald Trump becomes US president. Zelensky said he had a “constructive exchange” with Trump during their phone conversation after his victory in the US presidential election. He did not say whether Trump had…

A man in Tanzania’s biggest city, Dar es Salaam, has told the BBC he is waiting to hear news of his mother, who remains trapped two days after a building collapsed. Rescuers have so far pulled 86 people from the rubble alive but 16 are known to have died, Prime Minister Kassim Majaliwa said. Emmanuel…

Citi has identified South Korean firm Doosan Corporation as a significant beneficiary of Nvidia ‘s next generation of AI chips and expects its stock to rise by more than 40% in the next 12 months. The Wall Street bank initiated coverage of Doosan with a “Buy/High Risk” rating, setting a target price of 330,000 Korean…