Herald section
The latest business reporting from The Belfast Herald.
President Joe Biden signed the Fiscal Responsibility Act of 2023 to suspend the debt ceiling until 2025, preventing a default that could have disrupted federal payments and damaged global financial confidence.
The C919, China's first domestically built passenger jet, flew its maiden commercial journey from Shanghai to Beijing operated by China Eastern Airlines.
Net migration to the UK reached a record 606,000 in the 12 months to December 2022, driven by non-EU arrivals, according to the ONS. The government reaffirmed its commitment to reducing overall migration levels.
The American-Canadian media company behind Vice and Motherboard has filed for Chapter 11 bankruptcy in the US, with plans to sell to its lenders for $225m.
The Writers Guild of America has initiated a strike over streaming-era pay, marking the first such action since 2007–08. The walkout follows failed negotiations and a historic vote in favour of industrial action.
The United Kingdom's Competition and Markets Authority blocks Microsoft's $68.7bn (£55bn) acquisition of Activision Blizzard, saying that the deal will leave video gamers with less choice and will reduce innovation.
BuzzFeed News will shut down as part of a 15% workforce reduction across the company, with operations merging into HuffPost and BuzzFeed.com.
Over 155,000 Canadian federal workers go on strike after the Public Service Alliance of Canada failed to reach an agreement with the government over pay raises and remote work.