In a sign fears about the global financial system have eased for now, major central banks are scaling back their offer of emergency dollar loans to banks, a crisis step launched after the collapse of Silicon Valley Bank in the U.S. fed fears about wider troubles.

The European Central Bank said Tuesday that it and other central banks found that pressure on banks' cash needs has dropped and the crisis credits were not being used much lately.

Kelly Curto is taking her first trip outside the U.S., and the die-hard fan of the British royal family is making it the one at the top of her bucket list — heading to London for King Charles III's coronation.

After arriving on May 5, the 44-year-old school bus driver from Long Island and a friend will head to the Mall, the ceremonial avenue to Buckingham Palace where the monarch's pomp-filled procession will pass by the following day.

Lebanon is becoming increasingly engaged in augmenting investment in clean and renewable energy. Such an endeavor presents a range of high-impact co-benefits. Socially, it will grant the Lebanese population access to reliable energy; economically, it will drive new commerce and create new job opportunities, reduce prices in the case of exceeding supply hence boosting growth; while environmentally, it will improve air quality and reduce emissions. Countries from the MENA region, such as Syria and Iraq also face similar challenges as power outages prompt the population and institutions to search for clean and renewable energy solutions to cover their electricity needs, thus creating promising business prospects in this sector. 

As demand has weighed heavily on Lebanon, due to its budget deficit, the country seeks to have 30% of its electricity mix generated from renewable energy sources by 2030. However, this ambitious objective is faced with a number of obstacles such as the country's power sector which suffers from a significant supply-demand imbalance, simply depicted as high generation costs and a substantial lack of financial sustainability. Electricité du Liban's (EDL) available installed capacity is 1,616 MW, which contrasts with a peak demand of up to 3,000 MW compensated by high private generator subscriptions, the deterioration of buying power, and the skyrocketing fuel prices. 

SpaceX's new rocket, the biggest and most powerful ever built, blasted off Thursday on its first test flight, thundering into the South Texas sky in an attempt to orbit the world.

Elon Musk's company launched the nearly 400-foot (120-meter) Starship rocket from the southern tip of Texas, near the Mexican border. The plan called for the booster to peel away and plummet into the Gulf of Mexico shortly after liftoff, with the spacecraft hurtling ever higher toward the east in a bid to circle the world, before crashing into the Pacific near Hawaii.

A Dutch salvage company has reached agreement with the United Nations to pump oil from a rusting tanker off the coast of war-ravaged Yemen in a move hailed as a "critical milestone" in moves to avert a possible environmental disaster, its parent company announced Thursday.

Boskalis said that its Smit Salvage subsidiary has reached agreement with the U.N. Development Program to transfer more than one million barrels of oil from the decaying tanker FSO Safer. A specialist support ship, the Ndeavor, is setting sail Friday to the east African nation of Djibouti to prepare for the mission, the company said.

The number of Americans applying for unemployment benefits rose last week but remains low by historic standards.

U.S. jobless claims rose by 5,000 to 245,000, the Labor Department reported Thursday.

A German labor union is calling for railway workers to stage an eight-hour strike on Friday to back calls for an inflation-busting pay raise. Walkouts are also scheduled at three airports this week in a parallel pay dispute.

The EVG rail workers union called for members to walk off the job from 3 a.m. to 11 a.m. on Friday. It said Wednesday that it had "to increase pressure on employers, who think that they can ignore the demands of their workforce and conduct wage negotiations in a patronizing way."

Wall Street is following global markets lower early Wednesday ahead of another trove of corporate earnings reports and potentially new maneuvers by central banks.

U.S. lawmakers have accused embattled Swiss bank Credit Suisse of limiting the scope of an internal investigation into Nazi clients and Nazi-linked accounts, including some that were open until just a few years ago.

The Senate Budget Committee says an independent ombudsman initially brought in by the bank to oversee the probe was "inexplicably terminated" as he carried out his work, and it faulted "incomplete" reports that were hindered by restrictions.

Bulgaria on Wednesday became the latest European country to temporarily ban the import of Ukrainian grain and other agricultural produce following protests from local farmers, excluding goods in transit destined for export.

The measure will be in place until the end of June. Officials said it will protect Bulgarian farmers' competitiveness amid a market glut of Ukrainian grain that has lowered prices, and help them sell their own grain that has piled up, unsold, in warehouses.