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Ethiopian troops move to Tigray as truce agreed

  Bloomberg Hundreds of Ethiopian troops converged on a town near the border of the northern Tigray province, days after the government and rebels from the region agreed on a humanitarian truce. Over the past few days, 32 buses carrying soldiers were seen in Kobo in Amhara state south of Tigray, some of whom may be replacing personnel who were ...

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Russia-Ukraine war shakes German industry to the core

  Bloomberg Germany’s industrial base, just emerging from pandemic and unprecedented supply-chain challenges, is taking another beating with Russia’s war on Ukraine hitting its powerhouse car, chemical and precision machinery manufacturers. As the conflict pushes energy costs to new heights and a wave of inflation builds, scores of companies including BMW AG, BASF SE and ThyssenKrupp AG have warned their ...

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Jobless rate drops in nearly every US state

  Bloomberg The unemployment rate fell last month in more than half of US states, including in 12 where jobless rates dropped to record lows. Nebraska and Utah, with unemployment at 2.1%, tied for the lowest in the country, according to Labour Department data. Arkansas, Georgia, Idaho, Indiana, Kansas, Mississippi, Montana, Oklahoma, West Virginia and Wisconsin also posted record lows ...

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