U.S. World Business Lifestyle
Today: May 19, 2026
Today: May 19, 2026

Economy

Business|Economy|Environment|World

Ukraine attacks Russian energy sites - what has been hit?

Ukraine has increased attacks on Russian energy facilities in recent months as peace talks have failed to make progress.

Ukraine attacks Russian energy sites - what has been hit?
Economy|World

Bank of England's Mann sees risk rate hikes could rock gilt market

The Bank of England should be alert to the risk that future interest rate hikes could roil Britain's government bond market because of the growing role of hedge funds and

Bank of England's Mann sees risk rate hikes could rock gilt market
Arts|Business|Economy|Education|Entertainment|Environment|Europe|Technology|World

Top French court rejects Amazon challenge over French book delivery fees

France's highest administrative court, the Conseil d'Etat, rejected on Wednesday a challenge by Internet giant Amazon over minimum delivery fees on books, as the country

Top French court rejects Amazon challenge over French book delivery fees
Business|Economy|Finance|World

Fed's Collins says rate hikes may be needed to curb inflation

Boston Federal Reserve President Susan Collins said on Wednesday the U.S. central bank may need to raise interest rates if inflation pressures do not abate.

Fed's Collins says rate hikes may be needed to curb inflation
Business|Economy|Entertainment|Technology|US

Shutterstock to pay $35 million to settle US FTC charges over subscription plans, cancellations

Shutterstock will pay $35 million to settle U.S.

Shutterstock to pay $35 million to settle US FTC charges over subscription plans, cancellations
Business|Crime|Economy|Health|Lifestyle

Businesses raise funds for family after two girls drown in creek

Businesses raise funds for family after two girls drown in creek

Businesses raise funds for family after two girls drown in creek
Africa|Business|Economy|World

Warm words, thin relief: Macron's Africa financial push under scrutiny

French President Emmanuel Macron jogged with Kenyan marathon star Eliud Kipchoge, spoke with local university students and announced $27 billion in new

Warm words, thin relief: Macron's Africa financial push under scrutiny
Business|Economy|Finance|World

US dollar rises as inflation jumps; Trump-Xi talks begin

The dollar gained on Wednesday after hitting a two-week high following the latest stronger-than-expected U.S. inflation reading, with talks set to

US dollar rises as inflation jumps; Trump-Xi talks begin
Business|Economy|Finance|Political|US|World

NY Fed defeats Puerto Rican bank's appeal tied to Venezuela-related cutoff

The Federal Reserve Bank of New York on Wednesday defeated an appeal by a Puerto Rican lender whose access to the U.S. central banking system was cut

NY Fed defeats Puerto Rican bank's appeal tied to Venezuela-related cutoff
Business|Economy|Finance|Stock Markets|World

US producer prices surprise with largest increase in four years

U.S. producer prices posted their biggest increase in four years in April, boosted by soaring costs for goods and services, the latest sign of

US producer prices surprise with largest increase in four years
Business|Economy|Finance|US|World

Most US adults say finances in good shape but job worries tick up, Fed survey shows

Nearly three-quarters of U.S. adults last year continued to rate their personal finances as being in reasonable shape, although they remained concerned about inflation

Most US adults say finances in good shape but job worries tick up, Fed survey shows
Business|Economy|Finance|Stock Markets|World

Global equities rise with the dollar, bond yields as US inflation soars

MSCI's global equities gauge advanced with the dollar on Wednesday as investors assessed hotter-than- expected inflation data

Global equities rise with the dollar, bond yields as US inflation soars
Business|Economy|Environment|Science|Technology

Fervo Energy raises $1.89 billion in US IPO

Geothermal energy developer Fervo Energy said on Tuesday it has raised $1.89 billion in its upsized U.S. initial public offering, highlighting robust investor appetite for the

Fervo Energy raises $1.89 billion in US IPO
Business|Economy|Environment|Political|World

How has the Iran war affected Middle East states?

LONDON, May 13 - The war that began on February 28 with a massive Israeli-U.S. bombing campaign against Iran has rocked the entire Middle East, wreaking damage to infrastructure and economies and

How has the Iran war affected Middle East states?
Business|Economy|Finance|Political|Stock Markets|US|World

Taiwan anxiously eyes Trump’s summit in China, with $14 billion in US arms sales up in the air

Taiwan anxiously eyes Trump’s summit in China, with $14 billion in US arms sales up in the air

Taiwan anxiously eyes Trump’s summit in China, with $14 billion in US arms sales up in the air
Business|Economy|Environment|World

Malaysia says Iranian oil transfers near its waters exploit a maritime loophole

Malaysia’s maritime agency says Iranian-linked tankers are exploiting “jurisdictional gaps” to conduct ship-to-ship transfers of sanctioned oil near its waters

Malaysia says Iranian oil transfers near its waters exploit a maritime loophole
Business|Economy|Environment|Science|Technology

New community solar garden in Owatonna breaks ground with goal of reducing homeowner energy bills

New community solar garden in Owatonna breaks ground with goal of reducing homeowner energy bills

New community solar garden in Owatonna breaks ground with goal of reducing homeowner energy bills
Business|Economy|Entertainment|Finance|Lifestyle

Sazerac to invest in cocktail brand SIPMARGS backed by TikTok star Alix Earle

Spirits company Sazerac has agreed to invest in canned cocktail brand SIPMARGS, which counts social media influencer Alix Earle as an investor, as

Sazerac to invest in cocktail brand SIPMARGS backed by TikTok star Alix Earle
Business|Economy|Science|Technology

AI cloud firm Nebius reports near eightfold revenue surge, shares jump

Nebius Group reported a nearly eightfold rise in quarterly revenue on Wednesday, benefiting from increasing demand for artificial intelligence infrastructure and cloud services,

AI cloud firm Nebius reports near eightfold revenue surge, shares jump
Business|Economy|Finance|Stock Markets|World

S&P 500 opens muted as hot inflation data signals rates to stay on hold

The S&P 500 was subdued at the open on Wednesday, as hotter-than-anticipated producer prices reinforced bets that the Federal Reserve would keep monetary policy restrictive all

S&P 500 opens muted as hot inflation data signals rates to stay on hold
Economy|Environment|Health|World

UN food agency halves Syria food aid, halts bread subsidy over funding shortages

The World Food Programme said on Wednesday it had halved emergency food assistance in Syria due to funding shortages, warning that millions remained vulnerable despite signs of

UN food agency halves Syria food aid, halts bread subsidy over funding shortages
Business|Economy|Finance|World

Brazil's retail sales beat forecasts, hit record high in March

Brazil's retail sales volumes beat expectations and reached a record high in March, data from statistics agency IBGE showed on Wednesday, though high borrowing costs

Brazil's retail sales beat forecasts, hit record high in March
Arts|Business|Economy|Europe|Finance|Science|Technology|World

Apple criticises EU measures to help AI rivals access Google services

Apple on Wednesday echoed Google's criticism of EU antitrust regulators' efforts to force the search giant to help AI rivals access its services, warning

Apple criticises EU measures to help AI rivals access Google services
Economy|Europe|Political|World

UK's Starmer faces biggest challenge yet as resignation threat overshadows King's Speech

Keir Starmer was facing his biggest challenge yet on Wednesday when his health minister was reportedly readying his

UK's Starmer faces biggest challenge yet as resignation threat overshadows King's Speech
Business|Economy|Europe|Political|World

JPMorgan executive open to talks with France's far-right National Rally

JPMorgan is open to engaging with France's far-right National Rally (RN) ahead of next year's presidential election, a senior regional executive at the

JPMorgan executive open to talks with France's far-right National Rally
Business|Economy|Environment|Food|Political

Tyson Foods sees 'spotty' efforts to expand US cattle herd, CFO says

U.S. cattle producers are making "spotty" efforts to rebuild the nation's diminished herd and supplies will remain tight, Tyson Foods Chief Financial

Tyson Foods sees 'spotty' efforts to expand US cattle herd, CFO says
Business|Crime|Economy|Europe|Finance|Political|World

Iran war brings Turkey-PKK peace process to near standstill

Just two weeks after Turkey's parliament made recommendations on how to advance the country's peace process with Kurdish

Iran war brings Turkey-PKK peace process to near standstill
Business|Economy|Technology|World

Alibaba's AI spending to exceed goals on signs of payoff, says margin 'secondary'

China's Alibaba said it would exceed its planned AI investment of up to 380 billion yuan ($55.96 billion) over the next three years, as early

Alibaba's AI spending to exceed goals on signs of payoff, says margin 'secondary'
Business|Economy|Finance|Stock Markets|World

Birkenstock warns of higher costs from tariffs, Middle East conflict

Birkenstock shares slumped 13% on Wednesday after the sandal maker warned of rising second-half cost pressures from U.S. tariffs and the Middle East conflict, with

Birkenstock warns of higher costs from tariffs, Middle East conflict
Economy|Political|World

What's at stake in Turkey's bid to end conflict with PKK militants?

Turkey's attempt to finish its decades-old conflict with the Kurdistan Workers' Party (PKK) militant group has stalled, with both sides waiting for the other to act in a

What's at stake in Turkey's bid to end conflict with PKK militants?
Business|Economy|Finance|Stock Markets|US

Hot April producer price number adds to inflation worries

 U.S. producer prices increased more than expected in April, posting their biggest gain since early 2022, the latest indication that inflation was accelerating amid the

Hot April producer price number adds to inflation worries
Business|Economy|Entertainment|Health|Lifestyle|US

GoFundMe raises more than $40K for 70-year-old veteran after viral TikTok

GoFundMe raises more than $40K for 70-year-old veteran after viral TikTok

GoFundMe raises more than $40K for 70-year-old veteran after viral TikTok
Business|Economy|Technology|World

Brazil's beloved instant payment system faces scrutiny from the Trump administration

Brazil may be politically divided but people across the spectrum all love the country's instant payment system

Brazil's beloved instant payment system faces scrutiny from the Trump administration
Business|Economy|Technology

China's Alibaba reports 38% jump in AI and cloud revenue as it races to grow

China's Alibaba has reported accelerating AI and cloud revenue growth driven by the AI boom, which has jumped 38% in the January-March quarter compared to the year before

China's Alibaba reports 38% jump in AI and cloud revenue as it races to grow
Economy|Education|Environment|Opinion|Science

Detroit’s water affordability crisis is tied to the uneven distribution of stormwater management costs – a fraught history explains why

Some Detroit residents spend as much as 25% of their disposable income on water bills. Many are struggling to keep up.

Detroit’s water affordability crisis is tied to the uneven distribution of stormwater management costs – a fraught history explains why
Business|Economy|Environment|Health|Political

Why Pennsylvania’s low-income residents are feeling the squeeze as gas prices rise

Cutting the state gas tax, as some have suggested, could lead to budget shortfalls down the line.

Why Pennsylvania’s low-income residents are feeling the squeeze as gas prices rise
Business|Economy|Finance|Stock Markets|World

America is in for yet another long spell of price pain

America is in for yet another long spell of price pain

America is in for yet another long spell of price pain
Economy|Environment|Science|Technology

Falling space debris poses an escalating risk as spacecraft get stronger and more heat resistant

Some engineers are prioritizing ‘design for demise’ and planning satellites that are more likely to completely burn up in Earth’s atmosphere at the end of their lifespan.

Falling space debris poses an escalating risk as spacecraft get stronger and more heat resistant
Business|Economy|Education|Opinion|Political|World

Why Trump’s call to pull 5,000 US troops from Germany will hurt America

Overseas US military bases are integral to combat operations and can burnish the country’s image to advance its foreign policy goals.

Why Trump’s call to pull 5,000 US troops from Germany will hurt America
Arts|Business|Economy|Entertainment|World

Cannes film market opens to record turnout as focus shifts to smaller films

The world's largest film market opened in Cannes this week and attracted a record number of attendees vying to buy the mostly smaller productions

Cannes film market opens to record turnout as focus shifts to smaller films
Business|Economy|Environment|Travel|World

Trump's designs on Greenland prod investment, tourism likely to pay off faster than mines

New focus on Greenland since Donald Trump declared his aim to seize it could help boost investment there, with Arctic tourism likely to pay off faster

Trump's designs on Greenland prod investment, tourism likely to pay off faster than mines
Business|Economy|US|World

Kremlin says Russia can do business with US if it stops linking trade to Ukraine

Russia is interested in joint economic projects with the United States if Washington stops linking trade ties with a peace deal on Ukraine, the Kremlin said on Wednesday.

Kremlin says Russia can do business with US if it stops linking trade to Ukraine
Business|Crime|Economy|World

Indonesia prosecutors seek 18-year prison sentence for Gojek founder in graft case

Indonesian prosecutors said on Wednesday that they were seeking an 18-year prison sentence for Nadiem Makarim, a former Indonesian education minister and co-founder of ride

Indonesia prosecutors seek 18-year prison sentence for Gojek founder in graft case
Business|Economy|Election|Political|World

Brazil's Lula, Flavio Bolsonaro deadlocked in presidential runoff poll

Brazilian President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro were statistically tied in a simulated runoff ahead of this year's presidential election, a

Brazil's Lula, Flavio Bolsonaro deadlocked in presidential runoff poll
Business|Economy|Environment|Europe

Mercedes Benz CEO: current EU rules have not spurred intended shift away from combustion engines

Current European Union rules such as an outright ban on internal combustion car engines in 2035 have not spurred the intended shift to electric vehicles, Mercedes Benz

Mercedes Benz CEO: current EU rules have not spurred intended shift away from combustion engines
Economy|Europe

Britain to strengthen ties with the EU in new legislation

Britain will introduce legislation to strengthen its ties with the European Union, as Prime Minister Keir Starmer prioritises mending economic relations

Britain to strengthen ties with the EU in new legislation
Economy|Environment|World

German cabinet agrees to replace green-friendly heating law

German Chancellor Friedrich Merz's cabinet agreed on Wednesday to scrap a contentious heating law and pass measures to boost long-term

German cabinet agrees to replace green-friendly heating law
Business|Economy|Environment|Health|World

Pemex confirms death of worker injured in explosion at Oaxaca refinery

A Pemex worker injured in an explosion at Oaxaca refinery in the Port of Salina Cruz died on Tuesday evening while receiving treatment en route to the hospital, Pemex said in a

Pemex confirms death of worker injured in explosion at Oaxaca refinery
Business|Economy|World

Trump, Xi to weigh tariff cuts on $30 billion of imports in managed trade push

The U.S. and China are expected to inch toward a managed trade mechanism for non-sensitive goods this week, with each side possibly identifying some $30

Trump, Xi to weigh tariff cuts on $30 billion of imports in managed trade push
Business|Economy|Science|Technology

Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Tower Semiconductor on Wednesday forecast second-quarter revenue above estimates and said it landed $1.3 billion in deals for 2027 to supply chips that use light to move data at

Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals
Business|Economy|Environment|World

UAE-owned tanker leaks some fuel off Oman following Iranian strike

A unit of state-owned Abu Dhabi National Oil Company said on Wednesday that one of its tankers struck by Iranian drones last week has leaked a small amount of fuel off the

UAE-owned tanker leaks some fuel off Oman following Iranian strike
Business|Economy|Technology|World

Trump lands in China for Xi summit with Nvidia CEO in tow

President Donald Trump landed in Beijing accompanied by an entourage that included Nvidia's Jensen Huang and Elon Musk

Trump lands in China for Xi summit with Nvidia CEO in tow
Business|Economy|Finance|Stock Markets|US

JPMorgan rejigs investment bank leadership in wider overhaul

JPMorgan Chase is overhauling its investment bank leadership as part of a wider reorganization, the largest U.S. lender said on Wednesday.

JPMorgan rejigs investment bank leadership in wider overhaul
Business|Economy|Finance|Stock Markets|World

S&P 500 futures turn negative after April PPI data

S&P 500 futures turned negative on Wednesday after data showed producer prices rose more than expected in April, reinforcing expectations that the Federal Reserve will keep interest

S&P 500 futures turn negative after April PPI data
Business|Economy|Finance|Stock Markets|US

Morgan Stanley lifts S&P 500's annual target on hopes of earnings-driven rallies

Morgan Stanley raised its annual target for the benchmark S&P 500 index on Wednesday, saying U.S. stocks have enough room to rally as companies continue to post strong earnings.

Morgan Stanley lifts S&P 500's annual target on hopes of earnings-driven rallies
Business|Economy|Environment|Finance|Stock Markets|World

Airlines tackle fuel cost surge with price hikes, outlook cuts

A surge in jet fuel prices from $85-$90 to $150-$200 per barrel amid the U.S.-Israeli war against Iran has blindsided the aviation industry, where fuel accounts for up to a quarter

Airlines tackle fuel cost surge with price hikes, outlook cuts
Business|Economy|Education|Finance|Political|US|World

Soros' Open Society Foundations commit $30M to groups fighting antisemitism and anti-Muslim hate

Open Society Foundations, the family philanthropy founded by hedge fund billionaire George Soros, is putting $30 million toward groups fighting antisemitism and anti-Muslim hate

Soros' Open Society Foundations commit $30M to groups fighting antisemitism and anti-Muslim hate
Economy|Environment|Science|Technology|World

As the US starves it of oil, Cuba is pulling off one of the fastest solar revolutions on the planet — with China’s help

As the US starves it of oil, Cuba is pulling off one of the fastest solar revolutions on the planet — with China’s help

As the US starves it of oil, Cuba is pulling off one of the fastest solar revolutions on the planet — with China’s help
Business|Economy|Finance|World

India races to shield economy from Iran war-driven oil shock, capital stress

A sustained spike in energy prices triggered by the Iran war has clouded India's macroeconomic outlook, spurring crisis-era measures from

India races to shield economy from Iran war-driven oil shock, capital stress
Business|Economy|Finance|Political|Stock Markets

Political turmoil and inflation threat vie to push up UK borrowing costs

Intense pressure on Prime Minister Keir Starmer is driving up British government borrowing costs - but the political uncertainty is by no

Political turmoil and inflation threat vie to push up UK borrowing costs
Business|Economy|Finance|Stock Markets|World

Blackstone drops $4 billion New World deal, Bloomberg News reports

Blackstone has walked away from a proposed $4 billion tie-up with Hong Kong's New World Development after the indebted property developer refused to cede control, Bloomberg News

Blackstone drops $4 billion New World deal, Bloomberg News reports
Business|Economy|Technology|US|World

Volvo Cars open to US partnerships, CEO says

Sweden's Volvo Cars is open to cooperation with other companies in the United States as the auto maker seeks to better utilise the existing production capacity at its South

Volvo Cars open to US partnerships, CEO says
Asia|Business|Economy|World

Nissan predicts profit above $1 billion this fiscal year, modest Iran war hit

Nissan forecast more than $1 billion in profit for its fiscal year on Wednesday, predicting a relatively modest hit from the Iran war and an increasing impact from

Nissan predicts profit above $1 billion this fiscal year, modest Iran war hit
Business|Economy|Finance|Stock Markets|Technology

Roundhill fund becomes fastest-growing ETF ever as retail investors seek semiconductor exposure

Individual investors who can't seem to get enough of the red-hot market for semiconductor stocks have made a five-week-old exchange-traded

Roundhill fund becomes fastest-growing ETF ever as retail investors seek semiconductor exposure
Asia|Business|Economy|Technology|World

Samsung Electronics fails to reach deal with union; PM says strike must be averted

Samsung Electronics and its union failed to reach a pay deal on Wednesday, heightening the risk of a long strike that threatens not only chip

Samsung Electronics fails to reach deal with union; PM says strike must be averted
Business|Economy|Environment|Political|World

Mexico's Pemex CEO, close ally of Sheinbaum, under threat as woes mount

The future of Pemex CEO Victor Rodríguez is increasingly uncertain as the longtime ally of President Claudia Sheinbaum

Mexico's Pemex CEO, close ally of Sheinbaum, under threat as woes mount
Business|Economy|Finance|Stock Markets|Technology

Sizzling semiconductor trade at risk of cooling - and stalling US stocks rally

A stunning run-up in shares of semiconductor companies has helped drive the U.S. stock rally, but the eye-popping gains are sparking concerns about an

Sizzling semiconductor trade at risk of cooling - and stalling US stocks rally
Business|Economy|Finance|World

Fed alert

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Oil prices remain elevated, inflation is climbing and bond markets

Fed alert
Business|Economy|Europe|Finance|Stock Markets|World

ECB to hike rates in June and at least once more on war-led inflation spike: Reuters poll 

The European Central Bank will hike its deposit rate next month and at least once more this year to try to stop the energy price shock from the Middle

ECB to hike rates in June and at least once more on war-led inflation spike: Reuters poll 
Business|Crime|Economy|Education|Environment|Political|World

Israel steps up attacks on Gaza since Iran truce, as military says Hamas rearming

Israel has escalated its attacks in Gaza in the five weeks since halting its joint bombing with the

Israel steps up attacks on Gaza since Iran truce, as military says Hamas rearming
Business|Economy|Political|Technology|World

China criticizes US chip equipment bill in run-up to Beijing talks

China is pushing back against proposed U.S. legislation that would curb its chipmakers in the global AI race, making early moves that underscore Beijing's concerns

China criticizes US chip equipment bill in run-up to Beijing talks
Economy|Europe|Political|World

What are the main policy plans of Hungary's new government?

Hungary's new government, under Prime Minister Peter Magyar, was sworn in earlier this week, replacing Prime Minister Viktor Orban's administration after 16 years.

What are the main policy plans of Hungary's new government?
Business|Economy|Finance|World

Ex-BOJ chief Kuroda sees yen intervention impact as short-lived

Japan's recent foreign exchange intervention may have kept the yen from sliding below the 160-per-dollar mark but it is unlikely to have a lasting effect in

Ex-BOJ chief Kuroda sees yen intervention impact as short-lived
Business|Economy|Finance

To dot or not? Warsh's first Fed rate projection could out his views to the public - and Trump

Kevin Warsh will face a key moment in his first weeks as U.S.

To dot or not? Warsh's first Fed rate projection could out his views to the public - and Trump
Business|Economy|Technology|World

Walmart cuts 1,000 roles to simplify operations, source says

Walmart has eliminated 1,000 roles as the world's largest retailer simplifies its operating structure, a source familiar with the matter told Reuters.

Walmart cuts 1,000 roles to simplify operations, source says
Business|Economy|Europe|Technology|World

ECB urges banks to quickly prepare for AI-assisted cyberattacks

European Central Bank board member Frank Elderson on Wednesday urged banks in the euro area to quickly prepare for potential cyberattacks launched with the help of

ECB urges banks to quickly prepare for AI-assisted cyberattacks
Business|Economy|US

Inside the furor plaguing Democratic National Committee leader Ken Martin

Democratic National Committee Chair Ken Martin is losing the confidence of some Democratic officials, who are concerned about the direction of the party's political machine barely a year into his term

Inside the furor plaguing Democratic National Committee leader Ken Martin
Business|Economy|Technology|World

Japanese automaker Nissan reduces losses and expects to return to profit

Japanese automaker Nissan says it reduced losses for the fiscal year through March

Japanese automaker Nissan reduces losses and expects to return to profit
Arts|Business|Economy|Education|Entertainment|Lifestyle|Technology

Seeking free money advice from AI? Don’t be so quick to upload any financial statements

Seeking free money advice from AI? Don’t be so quick to upload any financial statements

Seeking free money advice from AI? Don’t be so quick to upload any financial statements
Business|Economy|Finance|Stock Markets|World

Japanese investors sell foreign stocks in April as energy costs rise

Japanese investors turned net sellers of foreign stocks for the first time in four months in April, as concerns over higher energy costs from the Iran war and the risk of broader

Japanese investors sell foreign stocks in April as energy costs rise
Business|Economy|Europe|World

Iran war pushes German wholesale price inflation to three-year high

German wholesale prices climbed to a three-year high of 6.3% in April as the Iran war pushed up the prices of energy and raw materials,

Iran war pushes German wholesale price inflation to three-year high
Business|Economy|Technology|World

BYD in talks with Stellantis, others for Europe plants, Bloomberg News reports

BYD is negotiating with Stellantis and other European car makers to take over underused factories in the region, Bloomberg News reported on Wednesday, citing the Chinese company's

BYD in talks with Stellantis, others for Europe plants, Bloomberg News reports
Business|Economy|Technology|World

SoftBank profit more than triples to $12 billion on OpenAI stake gains

Technology investor SoftBank Group reported on Wednesday that its net profit more than tripled to 1.83 trillion yen ($11.60 billion) in the January-March

SoftBank profit more than triples to $12 billion on OpenAI stake gains
Business|Economy|Technology

South Korea has room for active fiscal spending thanks to AI boom, Fitch says

South Korea has room to use fiscal policy to mitigate the economic impact of the Middle East conflict, thanks to an artificial intelligence boom, credit ratings

South Korea has room for active fiscal spending thanks to AI boom, Fitch says
Business|Economy|Political|World

US Treasury's Bessent, China's He wrap up S. Korea talks ahead of Trump-Xi summit

U.S.

US Treasury's Bessent, China's He wrap up S. Korea talks ahead of Trump-Xi summit
Business|Economy|Europe|Finance|World

Volkswagen controlling families demand overhaul after dent to profit

Volkswagen's controlling family shareholders piled pressure on the automaker to overhaul its business model on Wednesday after the German company's ongoing

Volkswagen controlling families demand overhaul after dent to profit
Economy|Environment|World

India's Modi cuts size of his motorcade to save fuel, source says

Indian Prime Minister Narendra Modi has "significantly" cut the size of his motorcade to save fuel, a government source said on Wednesday, days after he urged citizens to

India's Modi cuts size of his motorcade to save fuel, source says
Business|Economy|Finance|Stock Markets|US|World

UBS delays Fed rate cuts on inflation concerns, as jobs stay resilient

UBS Global Wealth Management joined a wave of brokerages in pushing back their U.S. monetary policy easing forecasts, citing persistent inflation and resilience in the labor market

UBS delays Fed rate cuts on inflation concerns, as jobs stay resilient
Asia|Business|Economy|Finance|Stock Markets|Technology

Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments

Japanese technology investor Softbank Group says profits for the fiscal year through March zoomed by nearly five-fold as its AI investments paid off

Japan's SoftBank racks up huge profit gains with lift from lucrative AI investments
Business|Economy|Finance|Technology

US defense firm Anduril raises $5 billion, doubling its valuation to $61 billion

Defense technology start-up Anduril Industries said on Wednesday that it has raised $5 billion, doubling its valuation to $61 billion.

US defense firm Anduril raises $5 billion, doubling its valuation to $61 billion
Economy|Environment|Europe|Technology|Travel|World

Helsinki's costly cycling push draws crowds - and criticism

Finland's capital Helsinki has spent billions of euros on public transport and bicycle lanes — and plans more — despite mixed reactions from residents.

Helsinki's costly cycling push draws crowds - and criticism
Business|Economy|Technology|World

Locked in a stalemate with Iran, Trump heads to China

A look at the day ahead in European and global markets from Gregor Stuart Hunter With the conflict in the Middle East still mired in a stalemate, Donald Trump is on his way to Beijing to see if

Locked in a stalemate with Iran, Trump heads to China
Business|Economy|Political|World

Iran war to cast a shadow on BRICS foreign ministers meeting in Delhi

The U.S.-Israeli war on Iran is set to cast a shadow over a two-day meeting of the foreign ministers of the BRICS grouping that kicks

Iran war to cast a shadow on BRICS foreign ministers meeting in Delhi
Business|Economy|Europe|World

French unemployment rate rises to 8.1%, highest since 2021

France's unemployment rate rose to 8.1% in the first quarter of 2026, its highest since 2021, the INSEE statistics agency reported on Wednesday, though it was still lower

French unemployment rate rises to 8.1%, highest since 2021
Economy|Europe|World

French inflation confirmed at 2.5% in April, highest since July 2024

EU-harmonised consumer prices in France rose 2.5% year-on-year in April, statistics office INSEE said on Wednesday, confirming a preliminary reading published late last month and

French inflation confirmed at 2.5% in April, highest since July 2024
Business|Economy|Europe

Siemens orders rise more than expected despite Iranian war tension

Siemens' orders rose more than expected in the first three months of the year, although its sales and profits slipped behind forecast and the Iran war has

Siemens orders rise more than expected despite Iranian war tension
Economy|US|World

Russia's Lavrov says 'nothing is happening' with US-Russia relations

Russian Foreign Minister Sergei Lavrov said on Wednesday that many positive things were being said about the enormous potential of U.S.-Russia relations, but that in reality

Russia's Lavrov says 'nothing is happening' with US-Russia relations
Business|Economy|Finance|World

Thai growth likely to top 3% over next 1-2 years on new investments, minister says

Thailand's finance minister said on Wednesday that he expects growth to top 3% over the next one to two years, boosted by new investments, with the central bank also

Thai growth likely to top 3% over next 1-2 years on new investments, minister says
Australia|Business|Economy|Finance|Stock Markets|World

Australia's CBA shares slump on tax changes, provisions; lenders fall

Australia's largest lender, Commonwealth Bank of Australia (CBA) lost nearly A$30 billion ($21.7 billion) in value as its shares slid on

Australia's CBA shares slump on tax changes, provisions; lenders fall
Australia|Economy|World

Albanese takes a gamble on Australia’s housing obsession by cutting investor tax breaks

Australian Prime Minister Anthony Albanese’s move to wind back tax breaks for property investors has been

Albanese takes a gamble on Australia’s housing obsession by cutting investor tax breaks
Business|Economy|Technology|World

Nvidia CEO joins Trump for China trip, spurring hopes for H200 deal

Nvidia CEO Jensen Huang will join President Donald Trump during his visit to Beijing, igniting hopes in China that the

Nvidia CEO joins Trump for China trip, spurring hopes for H200 deal
Business|Economy|Finance|Technology|World

Japan megabanks to gain access to Anthropic's Mythos in about two weeks, source says

Japan's three largest banks are expected to gain access to Mythos, the artificial intelligence model developed by Anthropic, in about two weeks, a person

Japan megabanks to gain access to Anthropic's Mythos in about two weeks, source says
Business|Economy|World

Mainland Chinese snap up Hong Kong homes in April, most in 2 years

The number of Hong Kong homes bought by mainland Chinese surged 48% in April from the previous month to a two-year high, data from property agent Midland Realty showed,

Mainland Chinese snap up Hong Kong homes in April, most in 2 years
Business|Economy|Environment|World

China's fishing fleet raises concerns off Argentina

On a balmy January night, an Argentine coast guard ship’s radio picked up garbled Mandarin broadcast from nearby boats. 

China's fishing fleet raises concerns off Argentina
Business|Economy|Finance|Stock Markets|World

Dollar at one-week high on Middle East uncertainty, hot US inflation

The dollar held near a one-week high on Wednesday on renewed uncertainty in the Middle East and as traders digested a hotter-than-expected

Dollar at one-week high on Middle East uncertainty, hot US inflation
Arts|Business|Economy|Education|Environment|Finance|Science|Technology|World

US tariff whiplash pushed toy factory in China to brink of collapse

Had the United States kept tariffs on Chinese imports at triple digits for just one more day last year, Huntar Company would have collapsed, said David

US tariff whiplash pushed toy factory in China to brink of collapse
Asia|Business|Economy|Environment|World

Some Japanese snack packages are turning black-and-white as Iran war depletes ink supply

The packaging on some snacks in Japan is turning a somber black-and-white, as the war in Iran disrupts the supply of an ingredient in colored ink

Some Japanese snack packages are turning black-and-white as Iran war depletes ink supply
Business|Economy|Environment|Science|Technology|World

Trump, Xi to weigh rare earth truce extension, but China's curbs still bite

China and the U.S. are considering extending a truce on Chinese rare earth export curbs at a leaders' summit

Trump, Xi to weigh rare earth truce extension, but China's curbs still bite
Business|Economy|Finance|Political|Stock Markets|US|World

As Trump heads to China, past US flubs on US policy toward Taiwan can be a warning

American presidents have navigated a verbal tightrope for nearly 50 years regarding official U.S. policy toward Taiwan and China

As Trump heads to China, past US flubs on US policy toward Taiwan can be a warning
Business|Economy|Environment|World

Vietnam state oil company urges US Navy to allow tanker through blockade, document shows

The trading arm of Vietnam's state oil company

Vietnam state oil company urges US Navy to allow tanker through blockade, document shows
Business|Economy|World

US Treasury's Bessent arrives in South Korea for trade talks with China's He ahead of leaders’ summit

U.S.

US Treasury's Bessent arrives in South Korea for trade talks with China's He ahead of leaders’ summit
Business|Economy|Finance|Stock Markets|World

OECD sees Japan raising interest rates to 2% by end-2027

The Bank of Japan is projected to raise its short-term policy rate to 2% from 0.75% currently by the end of 2027, as robust domestic demand will help the

OECD sees Japan raising interest rates to 2% by end-2027
Australia|Business|Economy|World

Australia wages growth slows in Q1, led by private sector

Australian wages rose at a moderate pace in the first quarter as annual growth in the private sector slowed to the lowest in almost four years, data showed on Wednesday.

Australia wages growth slows in Q1, led by private sector
Asia|Business|Economy|Political|Travel|World

At Temple of Heaven summit, Trump and Xi will seek a good harvest

Chinese emperors once prayed for bumper crops under the blue-tiled, triple-eaved roof of Beijing's Hall of Prayer for Good Harvests, in sacred rites

At Temple of Heaven summit, Trump and Xi will seek a good harvest
Economy|Political|US|World

Trump says stopping Iran's nuclear program outweighs Americans' economic pain

U.S.

Trump says stopping Iran's nuclear program outweighs Americans' economic pain
Business|Economy|Health|Technology|World

KKR-backed ambulance giant GMR Solutions raises $479 million in US IPO

Emergency medical ‌services provider GMR Solutions has raised $478.7 million in its U.S. initial public offering, the company said on Tuesday, after selling 31.9 million shares at $

KKR-backed ambulance giant GMR Solutions raises $479 million in US IPO
Australia|Business|Economy|World

Trump Organization drops plan for first Australian skyscraper, blames partner

The Trump Organization said on Wednesday it abandoned a plan to build its first tower in Australia less than three months after signing the deal, citing an Australian

Trump Organization drops plan for first Australian skyscraper, blames partner
Business|Economy|Technology|World

Samsung Elec regrets collapse of pay talks with union, says to continue dialogue

Samsung Electronics said on Wednesday it regretted the collapse of pay deal talks with its South Korean union, flagging concerns that it could heighten anxiety among

Samsung Elec regrets collapse of pay talks with union, says to continue dialogue
Business|Economy|Political|World

NZ trims new spending, sticks to surplus path as global risks heighten

New Zealand will keep a tight rein on day-to-day spending in this year's budget while increasing capital investment to strengthen

NZ trims new spending, sticks to surplus path as global risks heighten
Business|Economy|Environment|Finance|World

Incoming BHP CEO to consider bolt-on acquisitions for growth

Incoming BHP CEO Brandon Craig will focus on securing growth options beyond 2035 by ramping up exploration, partnering with peers and making bolt-on acquisitions where

Incoming BHP CEO to consider bolt-on acquisitions for growth
Economy|Education|Political|World

Mass protests in Argentina decry Milei's funding cuts to prized public universities

Tens of thousands of Argentines were flooding the streets of major cities nationwide to protest funding cuts by libertarian President Javier Milei to the public university system — a near-universal point of pride in this crisis-prone country

Mass protests in Argentina decry Milei's funding cuts to prized public universities
Business|Economy|Political|US|World

David Venturella to serve as acting ICE director

David Venturella to serve as acting ICE director

David Venturella to serve as acting ICE director
Economy|Political|Travel|World

In diplomacy, pomp and protocol matter, especially when Trump goes to China

President Donald Trump's visit to Beijing is drawing attention for the spectacle China might present

In diplomacy, pomp and protocol matter, especially when Trump goes to China
Business|Economy|Education|Political|World

Trump's redistricting push fizzles in South Carolina Senate but wins in Missouri's top court

President Donald Trump's efforts to reshape U.S. House districts have seen mixed outcomes

Trump's redistricting push fizzles in South Carolina Senate but wins in Missouri's top court
Business|Economy|Environment|Science|Technology|World

Global EV demand rises for second month, data shows

Global demand for electric vehicles rose for a second straight month in April as high petrol prices kept steering buyers away from combustion-

Global EV demand rises for second month, data shows
Business|Economy|Finance|Political|World

Brazil's Lula scraps tax on imports under $50 before election

Brazil's President Luiz Inacio Lula da Silva on Tuesday signed an executive order to eliminate federal taxes on foreign purchases worth up to $50, reversing course on a

Brazil's Lula scraps tax on imports under $50 before election
Americas|Crime|Economy|Political|World

New gang violence in Haiti displaces hundreds of people

A new wave of gang violence in Haiti has forced hundreds of people to flee their homes, leaving them scattered along a road near the main airport

New gang violence in Haiti displaces hundreds of people
Business|Economy|Political|World

Florida plans to close 'Alligator Alcatraz' migrant detention center, New York Times reports

Florida intends to shut down the controversial federal migrant detention center known as "Alligator Alcatraz", the New York Times

Florida plans to close 'Alligator Alcatraz' migrant detention center, New York Times reports
Business|Economy|Environment|Science|Technology

GM-LG's restart date at Ohio battery plant uncertain

A General Motors joint-venture battery company is bringing a small number of workers back to an idled electric-vehicle battery factory in Ohio this month, although

GM-LG's restart date at Ohio battery plant uncertain
Business|Economy|Finance|Stock Markets|World

Trading Day: Inflation up, chips down

The S&P 500 and Nasdaq fell on Tuesday, dragged down by a sharp decline in semiconductors, while sentiment was also rattled by rebounding oil

Trading Day: Inflation up, chips down
Americas|Business|Economy|Finance|Stock Markets|World

JBS posts 56% drop in Q1 net profit amid challenges in North American operations

Brazil's JBS, the world's largest meatpacker, posted a 56% decline in its first-quarter net profit on Tuesday, missing market

JBS posts 56% drop in Q1 net profit amid challenges in North American operations
Business|Economy|Europe|World

ECB's Nagel sees rate hikes increasingly likely: Handelsblatt

European Central Bank interest rate hikes are becoming increasingly likely, unless there is a fundamental change in the inflation outlook, Bundesbank President Joachim

ECB's Nagel sees rate hikes increasingly likely: Handelsblatt
Business|Economy|Travel

US plans $22 billion rebuilding of Washington Dulles airport

U.S. Transportation Secretary Sean Duffy said on Tuesday that the federal government plans a $22 billion rebuilding of Washington Dulles airport.

US plans $22 billion rebuilding of Washington Dulles airport
Business|Economy|Science|Technology

Ananym urges BWX Technologies to commercialize reactor design, says shares could double

Activist investor Ananym Capital Management sees room for BWX Technologies' stock to double in coming years if the defense and energy company

Ananym urges BWX Technologies to commercialize reactor design, says shares could double
Business|Economy|World

S&P revises Mexico's outlook to 'negative' on debt, growth concerns

Credit ratings agency S&P on Tuesday revised Mexico's outlook to "negative" from "stable", citing the risk of very slow fiscal consolidation largely due to weak economic growth that

S&P revises Mexico's outlook to 'negative' on debt, growth concerns
Business|Economy|Environment|Science|Technology|US

US considers financing billions of dollars for nuclear plant parts, industry group says

The U.S.

US considers financing billions of dollars for nuclear plant parts, industry group says
Business|Economy|Environment|World

Union says BP delaying negotiations following Whiting refinery lockout

BP has not resumed contract talks with a U.S. steelworkers’ union since locking out more than 800 workers at its Whiting, Indiana, refinery in March, the union said on Tuesday,

Union says BP delaying negotiations following Whiting refinery lockout
Economy|Health|Political|World

The Latest: Trump departs for high-stakes China summit as Iran war looms

President Donald Trump has departed for Beijing to meet with China's President Xi Jinping

The Latest: Trump departs for high-stakes China summit as Iran war looms
Business|Economy|Entertainment|Finance|Sports

MLB players, owners start collective bargaining, 6 1/2 months ahead of contract's expiration

Negotiators for baseball players and owners have begun what figures to be lengthy and acrimonious collective bargaining negotiations to replace their labor contract that expires Dec. 1, with management likely to propose a salary cap system the union has vowed never to accept

MLB players, owners start collective bargaining, 6 1/2 months ahead of contract's expiration
Asia|Business|Economy|Political|US|World

Trump says he does not need China's help to end Iran war, Tehran tightens grip on Hormuz

U.S.

Trump says he does not need China's help to end Iran war, Tehran tightens grip on Hormuz
Business|Economy|Finance|Stock Markets|US

Jack Daniel's maker rejects $15 billion buyout offer from rival Sazerac, source says

Brown-Forman has rejected a $32-per-share cash takeover offer from U.S. spirits maker Sazerac, according to a source familiar with the matter, weeks after

Jack Daniel's maker rejects $15 billion buyout offer from rival Sazerac, source says
Business|Economy|Technology

OpenAI chief Sam Altman denies betraying Elon Musk, defends for-profit push at trial

OpenAI Chief Executive Sam Altman on Tuesday rejected Elon Musk's claim that he betrayed the ChatGPT

OpenAI chief Sam Altman denies betraying Elon Musk, defends for-profit push at trial
Business|Economy|Finance|Political|US|World

US consumer finance agency to bring staff back to office year after closure

Leadership at the U.S. consumer finance watchdog plans to recall staff to the office more than a year after the Trump administration shuttered its

US consumer finance agency to bring staff back to office year after closure
Business|Economy|Entertainment|Science|Technology

OpenAI chief Sam Altman makes a high-stakes appearance in his court bout with Elon Musk

OpenAI CEO Sam Altman took the witness stand Tuesday to defend his business record in a trial pitting him against Elon Musk, rebutting testimony that disparaged his leadership at a pivotal time for the ChatGPT maker

OpenAI chief Sam Altman makes a high-stakes appearance in his court bout with Elon Musk
Arts|Business|Economy|Entertainment|Lifestyle|Sports|Travel|World

30 days out, Los Angeles is ready for the World Cup. The playing surface? Not just yet

Los Angeles is ready with transportation and food for the World Cup, but the playing surface isn't set yet

30 days out, Los Angeles is ready for the World Cup. The playing surface? Not just yet
Business|Economy|Environment

Residents worry about impacts after Fort Smith chemical spill kills fish downstream

Residents worry about impacts after Fort Smith chemical spill kills fish downstream

Residents worry about impacts after Fort Smith chemical spill kills fish downstream
Business|Economy|Finance|World

Wall Street's record-setting run halts as AI stocks slump and oil prices rise

A sudden halt for technology stocks put the brakes on Wall Street's record-setting run

Wall Street's record-setting run halts as AI stocks slump and oil prices rise
Business|Crime|Economy|Environment|Science|Technology|World

Fire reported on natural gas platform off Santa Barbara coast

Fire reported on natural gas platform off Santa Barbara coast

Fire reported on natural gas platform off Santa Barbara coast
Business|Crime|Economy|Finance|Science|Stock Markets|Technology|US

‘Are you completely trustworthy?’: Musk’s attorney presses OpenAI CEO in trial

‘Are you completely trustworthy?’: Musk’s attorney presses OpenAI CEO in trial

‘Are you completely trustworthy?’: Musk’s attorney presses OpenAI CEO in trial
Business|Economy|Food|Interview

Food truck feels the pinch from rising gas and food prices

Anabel Martinez, the owner of Eagles Tacos in Los Angeles, says her food truck business has taken a huge hit from the fluctuations in fuel and food prices since the beginning of the war in Iran. CNN’s Julia Vargas Jones speaks to Martinez about how she has been handling the economic turmoil and how she feels about the war.

Food truck feels the pinch from rising gas and food prices
Business|Economy|Environment|Lifestyle|Technology

Amazon looks to redefine a need for speed with 30-minute deliveries

Amazon is rapidly opening store-sized delivery hubs in dozens of U.S. and foreign cities to fulfill customers’ most urgent product needs in 30 minutes or less

Amazon looks to redefine a need for speed with 30-minute deliveries
Business|Economy|Education|Environment|Europe|Health|Political

Who could replace Keir Starmer as Labour leader and Britain’s prime minister?

Who could replace Keir Starmer as Labour leader and Britain’s prime minister?

Who could replace Keir Starmer as Labour leader and Britain’s prime minister?
Business|Economy|World

US appeals court pauses ruling against Trump's 10% global tariff

A U.S. appeals court on Tuesday temporarily paused a lower court ruling against the Trump administration's 10% global tariff under Section 122 of the

US appeals court pauses ruling against Trump's 10% global tariff
Business|Economy|Finance|Political|Stock Markets|US

US has finalized tariff refunds of $35.5 billion as of May 11

The U.S. customs agency has processed refunds including interest worth $35.46 billion as of May 11 for tariffs imposed by President Donald Trump last year that were deemed illegal,

US has finalized tariff refunds of $35.5 billion as of May 11
Business|Economy|Finance|Stock Markets|Technology|US|World

What is in the US Senate's landmark crypto bill?

The U.S.

What is in the US Senate's landmark crypto bill?
Business|Economy|Finance|US|World

Senate confirms Warsh to Fed Board, with Fed chair vote likely Wednesday

The U.S.

Senate confirms Warsh to Fed Board, with Fed chair vote likely Wednesday
Business|Economy|Finance|Political|Stock Markets|US|World

Trump says end of war in Ukraine is very close

President Donald Trump said on Tuesday that the war in Ukraine is very close to ending and he believes there will be a settlement between Russia and Ukraine.

Trump says end of war in Ukraine is very close
Business|Economy|Europe|World

French economy resilient but Iran crisis weighs, central bank says in monthly report

French companies have so far absorbed the shock from the conflict in the Middle East, but pervasive uncertainty and higher energy costs are beginning to test the economy's

French economy resilient but Iran crisis weighs, central bank says in monthly report
Business|Economy|Environment|Political|World

Iraq, Pakistan strike energy deals with Iran as Tehran flexes Hormuz control

Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources with

Iraq, Pakistan strike energy deals with Iran as Tehran flexes Hormuz control
Business|Economy|Finance|Stock Markets

Blue Owl retail private credit fund inflows shrink amid investor nerves

Blue Owl has seen a 95% drop in new investments at its biggest credit fund for retail investors, according to a regulatory filing, as direct lending came under rising scrutiny.

Blue Owl retail private credit fund inflows shrink amid investor nerves
Economy|Environment|MidEast|Political|World

China and US agree on opposing Hormuz tolls, State Department says

Senior U.S. and Chinese officials agree that no country can be allowed to exact shipping tolls in the Strait of Hormuz, the State Department told

China and US agree on opposing Hormuz tolls, State Department says
Business|Economy|Political|US|World

PayPal to waive $30 million in fees to settle DOJ probe of minority business program

The U.S.

PayPal to waive $30 million in fees to settle DOJ probe of minority business program
Business|Economy|Environment

Oil settles higher as hopes of peace in the Middle East dwindle

Oil prices settled higher for the third consecutive session on Tuesday as stark differences between the U.S. and Iran over a proposal to end the war in the

Oil settles higher as hopes of peace in the Middle East dwindle
Business|Economy|World

Stung by Iran war, Trump heads to China in need of wins

A year ago, U.S.

Stung by Iran war, Trump heads to China in need of wins
Business|Economy

US tariff refunds start rolling out as Oshkosh, Basic Fun report receiving payments

Heavy-truck maker Oshkosh Corp and toy maker Basic Fun on Tuesday both said they had received partial payments of the refunds they had sought of the import tariffs

US tariff refunds start rolling out as Oshkosh, Basic Fun report receiving payments
Business|Crime|Economy|Finance|Stock Markets|US

Andrew Left accused of scaring retail investors as his LA trial gets under way 

U.S. prosecutors cast prominent short seller Andrew Left as an opportunist who profited by scaring retail investors, while his defense said Left

Andrew Left accused of scaring retail investors as his LA trial gets under way 
Business|Economy|Finance|Stock Markets|World

S&P 500, Nasdaq end lower as inflation, Iran tensions weigh

The S&P 500 and the Nasdaq closed lower on Tuesday, easing from record highs as hotter-than-expected inflation data and an increasingly

S&P 500, Nasdaq end lower as inflation, Iran tensions weigh
Business|Economy|Finance|Political|Stock Markets

US posts smaller budget surplus in April as tax refunds rise

The U.S. government posted a smaller $215 billion budget surplus in April due to bigger tax refunds this year and rising outlays, including higher

US posts smaller budget surplus in April as tax refunds rise
Business|Economy|Political|US|World

Trump promises US-Cuba talks but gives no details

President Donald Trump said on Tuesday Cuba is asking for help and "we are going to talk," without providing any more information about U.S. plans. 

Trump promises US-Cuba talks but gives no details
Business|Economy|Political|US|World

Trump says he doesn't need Xi's help on Iran

U.S.

Trump says he doesn't need Xi's help on Iran
Business|Economy|Education|Environment|Political

Remembering the Virginia leader who helped bring MLK to Peanut Park

Remembering the Virginia leader who helped bring MLK to Peanut Park

Remembering the Virginia leader who helped bring MLK to Peanut Park
Business|Economy|Environment|Political|World

Trump downplays differences with China's Xi over Iran as he heads to Beijing for high-stakes summit

President Donald Trump is downplaying differences with President Xi Jinping over the U.S. conflict in Iran as he heads to Beijing for a high-stakes summit with the Chinese leader

Trump downplays differences with China's Xi over Iran as he heads to Beijing for high-stakes summit
Economy|Finance|MidEast|Political|US|World

Hegseth gets bipartisan grilling on rising costs of the Iran war and Trump's end game

Defense Secretary Pete Hegseth has faced tough questions from Republican and Democratic lawmakers about the Trump administration’s end game for the Iran war, the rising cost of the conflict and its impact on diminishing U.S. weapons stockpiles

Hegseth gets bipartisan grilling on rising costs of the Iran war and Trump's end game
Business|Crime|Economy|Environment|US

Maryland farm fire kills 35,000 chickens, officials say

Maryland farm fire kills 35,000 chickens, officials say

Maryland farm fire kills 35,000 chickens, officials say
Business|Crime|Economy|Environment

Ship operator and employee are charged in crash that caused the deadly collapse of Baltimore bridge

Prosecutors have filed criminal charges against the operator of the ship that crashed into Baltimore’s Francis Scott Key Bridge in March 2024 leading to the deaths of six construction workers

Ship operator and employee are charged in crash that caused the deadly collapse of Baltimore bridge
Asia|Business|Economy|Europe|Finance|Stock Markets|World

World markets feel the strain as US–Iran war grinds on

From a rout in Asian currencies to the closure of a low budget

World markets feel the strain as US–Iran war grinds on
Business|Economy|Europe|Finance|Political|Stock Markets|US|World

Who are the 'bond vigilantes' exacting a price from Britain's government?

Britain's long-dated government borrowing costs have surged to their highest since 1998 as concern that a potential change in leadership could weaken

Who are the 'bond vigilantes' exacting a price from Britain's government?
Economy|Europe|MidEast|Political|World

UK to send drones, jets and warship to join defensive mission securing Strait of Hormuz

Britain said on Tuesday it would contribute autonomous mine-hunting equipment, Typhoon fighter jets and the warship HMS Dragon to a multinational defensive mission aimed at

UK to send drones, jets and warship to join defensive mission securing Strait of Hormuz
Business|Economy|Environment|World

US EIA concedes Middle East supply disruptions are far worse than prior estimates

The U.S.

US EIA concedes Middle East supply disruptions are far worse than prior estimates
Business|Economy|Environment|Science|Technology

Lobbying battle intensifies as E15 ethanol bill nears US vote

Biofuel advocates are making a last-minute push to convince House lawmakers to approve year-round sales of gasoline blended with

Lobbying battle intensifies as E15 ethanol bill nears US vote
Business|Economy|Europe|Political|World

Less than two years after landslide, unloved Starmer battles to save his job

Keir Starmer was once hailed as the leader who would bring pragmatism and stability to Britain after years of political chaos.

Less than two years after landslide, unloved Starmer battles to save his job
Business|Economy|Science|Technology

Google in talks with SpaceX for Suncatcher orbital data center project

Alphabet's Google on Tuesday said it has been in discussions with Elon Musk's SpaceX and others regarding future launches for its Project Suncatcher, an orbital data center project.

Google in talks with SpaceX for Suncatcher orbital data center project
Business|Economy|Finance|Stock Markets|US|World

US annual consumer inflation posts largest gain in three years as prices increase broadly

U.S. consumer inflation increased further in April, with the annual rate posting its largest gain in three years, heightening political risks for

US annual consumer inflation posts largest gain in three years as prices increase broadly
Business|Economy|Finance|Stock Markets|World

Fed's Goolsbee says latest inflation read was disappointing

Chicago Federal Reserve President Austan Goolsbee said on Tuesday that the government's report showing accelerating consumer inflation last month was unexpectedly

Fed's Goolsbee says latest inflation read was disappointing
Economy|Europe|Political

Hungary PM Magyar targets new economic model, gives key ministers veto over legislation

Hungary's new prime minister, Peter Magyar, on Tuesday gave veto powers over legislation to four ministers including Finance Minister Andras Karman, who

Hungary PM Magyar targets new economic model, gives key ministers veto over legislation
Business|Economy|Travel|World

United Airlines' flight attendants ratify deal for 31% wage hike, boarding pay

United Airlines' flight attendants voted to ratify a new five-year labor contract that bumps up base pay by nearly a third and includes boarding pay, the union representing them

United Airlines' flight attendants ratify deal for 31% wage hike, boarding pay
Business|Economy|Finance|Health|Stock Markets

KKR-backed ambulance giant GMR slashes US IPO valuation target to $3.3 billion

Emergency medical ‌services provider GMR Solutions on Tuesday slashed the valuation target of its U.S. initial public offering to about $3.3 billion from $5 billion, as investors

KKR-backed ambulance giant GMR slashes US IPO valuation target to $3.3 billion
Business|Economy|Finance|Opinion

Why Kevin Warsh might still prove to be an independent Federal Reserve chair

Kevin Warsh has come under scrutiny for his ties to finance, but that background may also bolster more independence once he’s confirmed as Federal Reserve chairman.

Why Kevin Warsh might still prove to be an independent Federal Reserve chair
Business|Economy|Environment|Food|Lifestyle

Peach growers struggle after Del Monte cannery closure

Peach growers struggle after Del Monte cannery closure

Peach growers struggle after Del Monte cannery closure
Business|Economy|Environment|Health|Lifestyle|Science

Outdoor workers already battling triple-digit heat before summer officially begins

Outdoor workers already battling triple-digit heat before summer officially begins

Outdoor workers already battling triple-digit heat before summer officially begins
Business|Economy|World

The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US

U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher

The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US
Business|Economy|Entertainment|Health|Interview|Lifestyle

High gas prices take a rough toll on food truck owner

High gas prices take a rough toll on food truck owner

High gas prices take a rough toll on food truck owner
Business|Economy|Technology

Anthropic's Mythos sends US banks rushing to plug cyber holes

U.S. banks are rushing to fix scores of IT system weaknesses flagged by Anthropic’s powerful but

Anthropic's Mythos sends US banks rushing to plug cyber holes
Business|Economy|Finance|World

Argentina's country risk falls steadily, fueling debate on return to capital markets

Argentina's country risk hit its lowest level since the beginning of February as confidence in the government's ability to pay back

Argentina's country risk falls steadily, fueling debate on return to capital markets
Business|Economy|Finance|Stock Markets|US

April CPI rises more than expected; bond yields climb

U.S. consumer prices rose at a brisk clip for a second straight month in April, posting the largest

April CPI rises more than expected; bond yields climb
Business|Economy|Finance|Stock Markets|Technology|US|World

Boeing's new order bookings surge in April

Boeing booked 135 net new orders in April, nearly matching its total in the first three months of the year, the company said on Tuesday.

Boeing's new order bookings surge in April
Business|Economy|Environment|Europe

Eni explores potential LNG assets deal with big funds, sources say

Italian energy group Eni has asked Morgan Stanley to help it to raise funds from investment firms such as Apollo, KKR and Stonepeak in

Eni explores potential LNG assets deal with big funds, sources say
Business|Crime|Economy|Environment|US

US indicts two foreign operators, individual in 2024 collapse of Baltimore Key Bridge

The U.S.

US indicts two foreign operators, individual in 2024 collapse of Baltimore Key Bridge
Business|Economy|Technology|World

US CEOs seek China business gains from Trump-Xi summit

From Meta to Tesla and BlackRock, the U.S. business delegation for President Donald Trump's summit with Chinese leader Xi Jinping this

US CEOs seek China business gains from Trump-Xi summit
Business|Economy|Europe|Technology|World

Starlink rival Eutelsat's Q3 revenue meets forecasts as LEO growth offsets video decline

European satellite operator Eutelsat on Tuesday reported third-quarter revenue broadly in line with market expectations, as growth in its low Earth orbit

Starlink rival Eutelsat's Q3 revenue meets forecasts as LEO growth offsets video decline
Business|Economy|Education|Finance

New York Fed finds ongoing student loan woes in first quarter

By Michael S.

New York Fed finds ongoing student loan woes in first quarter
Business|Economy|Election|Finance|Political|Stock Markets|World

Peru's Fujimori and Sanchez lead presidential runoff race as count enters final stretch

Conservative Keiko Fujimori and leftist Roberto Sanchez are leading the vote count in the final stretch of Peru's first-round April presidential election, with

Peru's Fujimori and Sanchez lead presidential runoff race as count enters final stretch
Business|Economy|Finance|Stock Markets

Private credit funds mark investment values lower, filings show

Some private credit funds marked the values of their investments significantly lower in the first quarter, their filings show, highlighting the pressure

Private credit funds mark investment values lower, filings show
Business|Economy|Sports|Travel

US hotel operators say promised boon from hosting World Cup hasn’t materialized yet

U.S. hotels say the promised economic boon from the World Cup hasn’t materialized yet for them

US hotel operators say promised boon from hosting World Cup hasn’t materialized yet
Business|Economy|Finance|Stock Markets|US

US credit markets defy war risks as cash drives rally

U.S. corporate bond markets are on a roll, with investment-grade credit spreads tightening, issuance rising and solid-looking economic

US credit markets defy war risks as cash drives rally
Business|Economy|Finance|Stock Markets|World

Stocks fall, oil rallies as Middle East peace hopes fade

Wall Street's main equity indexes dipped on Tuesday and the dollar rose as U.S. inflation climbed and oil gained for a third

Stocks fall, oil rallies as Middle East peace hopes fade
Arts|Business|Economy|Food|World

US tariffs weigh on world wine trade in 2025 while consumption slips to new low

U.S. tariffs contributed to a further decline in global wine trade last year while consumption remained at its lowest in over 60 years as economic pressures

US tariffs weigh on world wine trade in 2025 while consumption slips to new low
Business|Economy|Environment|Science|Technology|World

Suspending federal gas tax wouldn’t save drivers as much as they might hope – here’s what goes into the price of a gallon of gas

Suspending the federal gas tax, which would require Congress to agree, would drop gas prices only about 4% – less in high-cost states like California.

Suspending federal gas tax wouldn’t save drivers as much as they might hope – here’s what goes into the price of a gallon of gas
Business|Economy|Finance|Stock Markets|US

US inflation rose to 3.8% in April, eroding Americans’ paychecks

US inflation rose to 3.8% in April, eroding Americans’ paychecks

US inflation rose to 3.8% in April, eroding Americans’ paychecks
Economy|Health|Political|Science|Technology|World

Small study hints that revving up immune cells might help fight HIV

Scientists are supercharging patients' own immune cells to try to fight HIV without today's drugs

Small study hints that revving up immune cells might help fight HIV
Economy|Finance|Political|US|World

US war in Iran has cost $29 billion so far, Pentagon says

The United States' war in Iran has ​cost $29 billion so far, a senior Pentagon official said on Tuesday, an increase of $4 billion from an estimate provided late last

US war in Iran has cost $29 billion so far, Pentagon says
Business|Crime|Economy|US|World

Justice Department announces criminal charges in Baltimore’s deadly Key Bridge collapse

Justice Department announces criminal charges in Baltimore’s deadly Key Bridge collapse

Justice Department announces criminal charges in Baltimore’s deadly Key Bridge collapse
Business|Economy|Election|World

Bahamas prime minister Philip Davis reelected in early poll

Bahamian Prime Minister Philip Davis and his ruling Progressive Liberal Party (PLP) were reelected on Tuesday, making him the first leader to serve a second

Bahamas prime minister Philip Davis reelected in early poll
Business|Economy|Finance|Stock Markets|US|World

What to expect in 2026: Brokerage forecasts for S&P 500, global GDP

Top brokerages expect the benchmark S&P 500 index to extend its rally in 2026, even as Middle East tensions disrupt global energy flows and drive inflation higher.

What to expect in 2026: Brokerage forecasts for S&P 500, global GDP
Economy|Europe|Political|World

UK's Starmer defies calls to quit, says he's getting on with governing

Prime Minister Keir Starmer defied calls to resign on Tuesday, telling ministers he would get on with governing despite

UK's Starmer defies calls to quit, says he's getting on with governing
Business|Economy|Environment|Europe|Technology

Tesla ups investment in boost to Berlin battery cell production

U.S. electric vehicle maker Tesla will increase its investment in battery cell production at its plant outside Berlin by almost $250 million, boosting its capacity target

Tesla ups investment in boost to Berlin battery cell production
Business|Economy|Finance|Stock Markets|US

Peltz's Trian seeks funding for Wendy's take-private bid, FT reports

Activist investor Nelson Peltz's Trian Fund Management is exploring investor backing for a potential bid to take fast-food chain Wendy's private, the Financial Times reported on

Peltz's Trian seeks funding for Wendy's take-private bid, FT reports
Business|Economy|Political|World

Kremlin plays down Russian economic forecast downgrades

The Kremlin played down a government economic growth forecast downgrade on Tuesday and gave no indication that it plans to punish

Kremlin plays down Russian economic forecast downgrades
Business|Economy|Finance|World

Dollar rises after hot inflation data, Iran ceasefire eyed

The U.S. dollar climbed for a second straight session on Tuesday, after U.S. economic data showed inflation continued to increase, while uncertainty

Dollar rises after hot inflation data, Iran ceasefire eyed
Business|Economy|Entertainment|Fashion and Beauty|Sports|Technology

Zendaya effect helps sportswear maker On lift 2026 profit margin goal

Sportswear brand On raised its profit margin forecast on Tuesday after strong first-quarter sales, as the Swiss company continues to gain ground

Zendaya effect helps sportswear maker On lift 2026 profit margin goal
Business|Economy|Finance|World

Morgan Stanley joins as primary dealer in Israeli bond market

Morgan Stanley has become the 13th bank to join the primary dealer programme for Israeli government bonds, the Finance Ministry said on Tuesday, calling it a sign of

Morgan Stanley joins as primary dealer in Israeli bond market
Business|Economy|Finance|Health|Stock Markets|Technology

Hims & Hers plunges as branded weight-loss drug pivot hits results

Shares of Hims & Hers Health fell 11% on Tuesday after the telehealth company's pivot to branded weight-loss drugs drove up costs and led to a surprise loss in

Hims & Hers plunges as branded weight-loss drug pivot hits results
Economy|World

UAE sees rapidly growing trade with Syria, as ties warm

Trade between the United Arab Emirates and Syria more than doubled in 2025 and has further to grow, a UAE minister said on Tuesday, addressing a Damascus

UAE sees rapidly growing trade with Syria, as ties warm
Business|Economy|Food|US

Trump administration 'fine-tuning' actions to ease US beef shortages, White House says

The Trump administration is "fine-tuning" potential presidential executive orders aimed at reducing domestic beef prices, a White House official said on Tuesday after a

Trump administration 'fine-tuning' actions to ease US beef shortages, White House says
Business|Economy|Europe|Lifestyle|Travel|World

What is the Schengen Shuffle and who’s doing it?

What is the Schengen Shuffle and who’s doing it?

What is the Schengen Shuffle and who’s doing it?
Business|Economy|Education|Entertainment|Sports

College Sports Commission wins key NIL arbitration in case brought by Nebraska football players

An arbitrator ruled in favor of the College Sports Commission in a case brought on behalf of Nebraska football players that is viewed as a key test for the new entity in charge of approving third-party name-image-likeness deals in college sports

College Sports Commission wins key NIL arbitration in case brought by Nebraska football players
Business|Crime|Economy|Europe|World

Ukraine officials say Zelenskyy's ex-chief of staff is a suspect in a money-laundering probe

Two national agencies fighting corruption in Ukraine have named Ukrainian President Volodymyr Zelenskyy’s former chief of staff as an official suspect in a major graft investigation

Ukraine officials say Zelenskyy's ex-chief of staff is a suspect in a money-laundering probe
Business|Economy|World

India inflation remains modest in April at 3.48% but energy risks grow

India's retail inflation rose marginally to 3.48% in April, driven by dearer food prices, government data showed on Tuesday,

India inflation remains modest in April at 3.48% but energy risks grow
Business|Economy|Europe|Technology|World

Stellantis CEO says partnerships will be part of future strategy

Stellantis Chief Executive Antonio Filosa said on Tuesday partnerships would be a key part of the automaker's future strategy, as it prepares to present a new multi-year

Stellantis CEO says partnerships will be part of future strategy
Asia|Business|Economy|Finance|World

Taiwan president thanks US for help in strengthening defences

Taiwan President Lai Ching-te on Tuesday expressed his thanks to the U.S. for its help in strengthening the island's defences and said Taipei would not give in to

Taiwan president thanks US for help in strengthening defences
Business|Economy|Finance|Stock Markets|Technology

Trading platform eToro beats quarterly profit estimates on commodities strength

EToro topped Wall Street expectations for first-quarter profit on Tuesday, driven by a strong surge in commodities trading activity.

Trading platform eToro beats quarterly profit estimates on commodities strength
Business|Economy|Europe|Finance|Stock Markets|World

Private credit funds slash loan values as borrower stress rises

Private credit funds have marked down more than a tenth of their loans by at least 50%, new data from

Private credit funds slash loan values as borrower stress rises
Arts|Economy|Environment|Science|Technology

We studied what happened when financially struggling artists received $1,000 a month, no strings attached, for 18 months

Opponents of guaranteed-income programs often argue that recipients will simply take the money and be less motivated to do any work whatsoever.

We studied what happened when financially struggling artists received $1,000 a month, no strings attached, for 18 months
Business|Economy|World

Brazil's April inflation matches forecasts despite growing external risks

Brazil's inflation was in line with market expectations in April, official data showed on Tuesday, with the 12-month rate remaining within the central bank's target range

Brazil's April inflation matches forecasts despite growing external risks
Business|Economy|Finance|Sports|Stock Markets

Under Armour sees another weak year as North America struggles, shares slump

Under Armour forecast another annual revenue decline and expects profit well below estimates on Tuesday, as weakness in its key North American market weighs on

Under Armour sees another weak year as North America struggles, shares slump
Business|Economy|Finance|Stock Markets|Technology

EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'

EBay on Tuesday rejected a $56 billion takeover bid from the much smaller GameStop over financing doubts, calling the proposal "

EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'
Africa|Economy|World

Uganda's President Museveni sworn in for seventh term

Ugandan President Yoweri Museveni was sworn in on Tuesday for a seventh term, extending his rule in the east African country into a fifth decade. 

Uganda's President Museveni sworn in for seventh term
Business|Economy|Finance|Stock Markets|US

US stock futures hold losses after April inflation data

U.S. stock index futures held on to their losses on Tuesday as investors assessed April inflation data and its impact on the Federal Reserve's monetary policy path.

US stock futures hold losses after April inflation data
Business|Economy|Finance|Lifestyle

‘My life is not affordable. No one cares’

‘My life is not affordable. No one cares’

‘My life is not affordable. No one cares’
Business|Economy|Entertainment|Finance|Stock Markets|Technology

Online seller eBay rejects GameStop's $56 billion takeover offer

Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.”

Online seller eBay rejects GameStop's $56 billion takeover offer
Business|Economy|Political|World

Iran now defines Strait of Hormuz as far larger zone, IRGC officer says

Iran has expanded its definition of the Strait of Hormuz into a "vast operational area" far wider than before the Iran war, according to a senior officer in the Islamic

Iran now defines Strait of Hormuz as far larger zone, IRGC officer says
Business|Economy|Education|Environment|Finance|Technology

Waymo recalls 3,800 robotaxis over risk of entering flooded roads

Waymo said on Tuesday it is recalling about 3,800 robotaxis in the United States after identifying a risk that vehicles could enter flooded roads

Waymo recalls 3,800 robotaxis over risk of entering flooded roads
Arts|Business|Economy|Entertainment

Netflix spent over $135 billion on film, TV over last decade

Netflix has invested over $135 billion in films and television series over the past decade, the company said on Tuesday, underscoring the dominance of the streaming giant and the

Netflix spent over $135 billion on film, TV over last decade
Business|Economy|Technology|World

Investors say they want Trump and Xi to stay out of AI's way

Investors expect U.S.

Investors say they want Trump and Xi to stay out of AI's way
Business|Economy|Europe

Italy industry output posts solid gain in March as Iran war impact awaited

Italian industrial output rose by 0.7% in March compared to the previous month, data showed on Tuesday, offering some hope to the country's long-struggling manufacturing

Italy industry output posts solid gain in March as Iran war impact awaited
Business|Economy|Travel|World

What are China's current tariffs on US energy and agriculture goods

U.S.

What are China's current tariffs on US energy and agriculture goods
Business|Economy|Finance|Stock Markets|Technology

Tesla’s robotaxi rollout features Texas-sized wait times

When Tesla announced an expansion of its robotaxis to Dallas and Houston last month, some investors touted momentum for

Tesla’s robotaxi rollout features Texas-sized wait times
Australia|Business|Economy|Finance|World

Australia's tax reforms expected to knock some heat out of housing market

Australia's government expects its ambitious reforms to the way it taxes property investments to take some of the immediate heat out of one of the world's least affordable

Australia's tax reforms expected to knock some heat out of housing market
Americas|Business|Economy|Education|Election|Environment|Finance|Political|World

Ecuador's Espinosa joins battle to lead United Nations

Antigua and Barbuda has nominated Ecuador's Maria Fernanda Espinosa as candidate to be the next United Nations Secretary-General, a U.N. official told Reuters on Tuesday.

Ecuador's Espinosa joins battle to lead United Nations
Asia|Business|Economy|Technology|World

Samsung Elec union threatens to walk out of pay talks if no mediation proposal

Samsung Electronics' labour union in South Korea said on Tuesday it would walk out of ongoing pay negotiations if no mediation proposal was offered within two hours.

Samsung Elec union threatens to walk out of pay talks if no mediation proposal
Business|Economy|Finance|Technology

Swatch shareholders reject activist investor's bid for board seat

Swatch shareholders on Tuesday rejected a bid by activist investor Steven Wood for an independent director's seat, the Swiss watchmaker

Swatch shareholders reject activist investor's bid for board seat
Business|Economy|Finance|Political|Stock Markets|World

Ceasefire on life support

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets With the month-old Iran war ceasefire now on “life support”,

Ceasefire on life support
Business|Economy|Europe|Technology

OpenAI gives European companies access to its latest models to bolster resilience

U.S. artificial intelligence giant OpenAI said it was granting access to its latest models including GPT-5.5-Cyber to Deutsche Telekom, BBVA and dozens more

OpenAI gives European companies access to its latest models to bolster resilience
Business|Economy|Election|Finance|Political|Stock Markets|US

Americans’ anger about the economy hits Trump and Republicans’ midterm prospects

Americans’ anger about the economy hits Trump and Republicans’ midterm prospects

Americans’ anger about the economy hits Trump and Republicans’ midterm prospects
Business|Economy|Europe|Political|World

India's Hindu RSS lobbies groups abroad to counter minority rights criticism

By Krishna N.

India's Hindu RSS lobbies groups abroad to counter minority rights criticism
Africa|Economy|Europe|Political|World

France's Macron unveils a $27 billion investment in Africa at a partnership summit in Kenya

French President Emmanuel Macron has announced new investments in Africa at a summit held in Kenya

France's Macron unveils a $27 billion investment in Africa at a partnership summit in Kenya
Business|Economy|Environment|Finance|World

Why you could pay $5 for gas even if oil doesn’t skyrocket

Why you could pay $5 for gas even if oil doesn’t skyrocket

Why you could pay $5 for gas even if oil doesn’t skyrocket
Economy|Environment|World

The shadowy network of Chinese oil refineries funding Iran

The shadowy network of Chinese oil refineries funding Iran

The shadowy network of Chinese oil refineries funding Iran
Business|Economy|Finance|Political|Stock Markets

Long-term UK bond yields rise to 1998 high, sterling slumps as Starmer's future in doubt

Long-term British borrowing costs surged to their highest in nearly 30 years, sterling slumped and shares fell on Tuesday as investors brace for a potential

Long-term UK bond yields rise to 1998 high, sterling slumps as Starmer's future in doubt
Business|Economy|Political|Stock Markets|World

STOXX 600 falls as fragile Middle East ceasefire dents risk sentiment

Europe's STOXX 600 closed 1% lower in broad-based declines on Tuesday as dimming hopes for a U.S.-Iran peace deal sent oil prices higher and weighed

STOXX 600 falls as fragile Middle East ceasefire dents risk sentiment
Business|Economy|Finance|World

South Africa's unemployment rate rises in first quarter

South Africa's unemployment rate rose to 32.7% in the first quarter of 2026 from 31.4% in the fourth quarter of 2025, data from the statistics agency

South Africa's unemployment rate rises in first quarter
Business|Economy|Finance

Australia unveils changes to negative gearing, capital gains tax

Australia's centre-left Labor government will pare tax breaks for landlords to level the playing field for young Australians to own a home, in the biggest housing tax

Australia unveils changes to negative gearing, capital gains tax
Business|Economy|Food|World

Color crunch: Japan’s Calbee chip bags go monochrome as Iran war bites

Color crunch: Japan’s Calbee chip bags go monochrome as Iran war bites

Color crunch: Japan’s Calbee chip bags go monochrome as Iran war bites
Business|Crime|Economy|Education|Election|Finance|Health|Political|Stock Markets|US

Laws on veterans, 9/11 families and election certification face threat in proxy voting case

Laws on veterans, 9/11 families and election certification face threat in proxy voting case

Laws on veterans, 9/11 families and election certification face threat in proxy voting case
Business|Economy|Finance|Science|Stock Markets|Technology|World

Tech boom vs oil crisis: Asia’s new economic reality is a warning for the world

Tech boom vs oil crisis: Asia’s new economic reality is a warning for the world

Tech boom vs oil crisis: Asia’s new economic reality is a warning for the world
Economy|Environment|Finance|World

Norway faces dilemma on openness in wealth fund ethical divestments, finance minister says

When Norway's $2.2 trillion wealth fund — the world's largest — sells a company's shares over ethical concerns, should it explain why?

Norway faces dilemma on openness in wealth fund ethical divestments, finance minister says
Business|Economy|World

US, Japan agree excess FX volatility undesirable, Bessent says

The United States and Japan believe that excess volatility in the currency market is undesirable, U.S.

US, Japan agree excess FX volatility undesirable, Bessent says
Business|Economy|Europe|Finance|Political|Stock Markets|World

Investors ramp up bets on Bank of England rate hikes

Investors increased their bets on the Bank of England raising rates in the coming months as global markets responded to the latest increase in tensions in the Strait of

Investors ramp up bets on Bank of England rate hikes
Business|Economy|Finance|Stock Markets

Carlyle, Yum China among suitors for Jardines' KFC, Pizza Hut chains in Asia, sources say

Carlyle Group and Yum China Holdings are among suitors vying for a Jardine Matheson restaurant unit that runs KFC and Pizza Hut chains in Hong Kong, Taiwan and

Carlyle, Yum China among suitors for Jardines' KFC, Pizza Hut chains in Asia, sources say
Australia|Business|Economy|Environment|World

Australian miner Fortescue to pay $108 million for damage to Indigenous group's land

An Australian court on Tuesday ordered miner Fortescue to pay A$150 million ($108 million) in compensation to an Indigenous group for a cultural loss caused by iron ore

Australian miner Fortescue to pay $108 million for damage to Indigenous group's land
Business|Economy|Environment|Europe|Science|Technology

Thyssenkrupp Nucera halts hiring in high-cost countries as Q2 loss widens

Thyssenkrupp Nucera has frozen hiring in high-cost countries as part of broader saving measures, it said on Tuesday, after its second-

Thyssenkrupp Nucera halts hiring in high-cost countries as Q2 loss widens
Business|Economy|Europe|MidEast|Travel|World

Iran war creates new must-have for summer holidays: the plan B

Greg Abbott is planning his summer holiday with half an eye on the Iran war.

Iran war creates new must-have for summer holidays: the plan B
Business|Economy|Europe|Finance|Stock Markets

Siemens Energy accelerates share buyback after Q2 cash flow jumps

Siemens Energy will accelerate its standing share buyback programme after posting a 42% increase in pre-tax free cash flow, the company said on Tuesday, benefitting from

Siemens Energy accelerates share buyback after Q2 cash flow jumps
Business|Economy|Europe|Finance|Stock Markets

Vanguard targets doubling European assets to $1 trillion by 2030

Vanguard will expand its product range for everyday investors in Europe, aiming to roughly double its regional assets to $1 trillion within five years and

Vanguard targets doubling European assets to $1 trillion by 2030
Business|Economy|Political|World

A Trump-Xi deal could revive US energy exports to China

U.S.

A Trump-Xi deal could revive US energy exports to China
Business|Economy|Finance|World

US consumer inflation expected to have increased further in April amid Iran war

U.S. consumer prices likely rose at a solid pace for a second straight month in April, which would result in the largest annual increase in inflation

US consumer inflation expected to have increased further in April amid Iran war
Business|Economy|Technology|World

Even in North Korea, someone's in your parking spot

From famine to nuclear war, North Koreans have had plenty to worry about over the years.

Even in North Korea, someone's in your parking spot
Business|Economy|Political|World

Xi-Trump summit may yield farm deal, but China has limited soybean appetite

China and the United States may reach a farm deal at their summit this week that expands Beijing's purchases of

Xi-Trump summit may yield farm deal, but China has limited soybean appetite
Business|Economy|Political|US|World

Trump to discuss Taiwan arms sales, jailed HK tycoon Jimmy Lai with Xi

U.S.

Trump to discuss Taiwan arms sales, jailed HK tycoon Jimmy Lai with Xi
Economy|Political|World

US top diplomat discusses Iran, Strait of Hormuz with UK and Australia

U.S.

US top diplomat discusses Iran, Strait of Hormuz with UK and Australia
Business|Economy|Finance|Political|Stock Markets|World

Peace talks stutter

A look at the day ahead in European and global markets from Ankur Banerjee Markets are stuck in a loop of hope and despair as talks to end the war in the Middle East remain deadlocked, with the latest

Peace talks stutter
Business|Economy|World

Malaysia economic growth likely slowed to 5.3% in January-March

By Renusri K BENGALURU, May 12 - Malaysia's economic growth likely eased in the first quarter, after expanding the most in more than three years in the previous quarter, according to a Reuters poll of

Malaysia economic growth likely slowed to 5.3% in January-March
Business|Economy|Technology|World

Apple, Boeing, Citi, Tesla, Meta executives to join Trump's China trip

More than one dozen CEOs and top executives will join the U.S. delegation as President Donald Trump travels to China this week, according to a White House official.

Apple, Boeing, Citi, Tesla, Meta executives to join Trump's China trip
Business|Economy|Technology

OpenAI, Microsoft agree to cap revenue sharing at $38 billion, The Information reports

OpenAI has agreed to cap total revenue it shares with Microsoft under their agreement at $38 billion, The Information reported on Monday, citing a person with knowledge of the

OpenAI, Microsoft agree to cap revenue sharing at $38 billion, The Information reports
Business|Crime|Economy|Technology|World

California county sues Meta over scam ads

California's Santa Clara County has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California's false

California county sues Meta over scam ads
Australia|Business|Economy|Finance|Political|Stock Markets|World

Australia dumps tax breaks for landlords to help young own a home

Australia's centre-left Labor government has rolled out the biggest changes to investment taxes this century to help young people break into the

Australia dumps tax breaks for landlords to help young own a home
Asia|Business|Economy|Finance|Stock Markets|Technology

Hedge funds record decade-high weekly buying in Korea, Japan, Taiwan equities, Morgan Stanley says

Global hedge funds ramped up bets on Asia, with weekly buying of South Korean, Japanese and Taiwanese stocks hitting a 10-year high last week, according to

Hedge funds record decade-high weekly buying in Korea, Japan, Taiwan equities, Morgan Stanley says
Business|Economy|Finance|Stock Markets|Technology

SoftBank's OpenAI-related debt in focus as another strong quarter expected

SoftBank Group is expected by analysts to report another robust quarterly profit on Wednesday as the technology investor benefits from its growing OpenAI bet,

SoftBank's OpenAI-related debt in focus as another strong quarter expected
Business|Economy|Europe|Science|Technology

The barista is human but an AI agent runs this experimental Swedish cafe

The coffee might be poured by a human hand, but behind the counter something far less traditional is calling the shots at an experimental cafe in Stockholm

The barista is human but an AI agent runs this experimental Swedish cafe
Business|Economy|Finance|World

Fed chair nominee Warsh clears hurdle on path to Senate confirmation

Kevin Warsh, U.S.

Fed chair nominee Warsh clears hurdle on path to Senate confirmation
Business|Economy|Science|Technology

Ex-OpenAI exec Sutskever says he spent a year gathering proof of alleged Altman dishonesty

Former OpenAI chief scientist Ilya Sutskever testified on Monday that he spent about a year gathering evidence for the ChatGPT maker's board that CEO Sam Altman had displayed a "

Ex-OpenAI exec Sutskever says he spent a year gathering proof of alleged Altman dishonesty
Asia|Business|Economy|World

Asia-Pacific's heirs turn to wealth professionals for succession advice, UBS says

Asia-Pacific's ultra-rich, set to take part in a global transfer of $83 trillion in assets over the coming decades, are leaning more on wealth managers and family

Asia-Pacific's heirs turn to wealth professionals for succession advice, UBS says
Business|Economy|Finance|Stock Markets|World

World Bank sees Pacific growth slowing to 2.8% in 2026

Economic growth across 11 Pacific Island countries is expected to weaken in 2026 as higher energy and shipping costs, slowing tourism momentum and

World Bank sees Pacific growth slowing to 2.8% in 2026
Business|Economy|Finance|World

Japan, US affirm close cooperation on currency moves

Japan and the U.S. reaffirmed their close cooperation on currency moves, Japanese Finance Minister Satsuki Katayama told reporters after a meeting with her

Japan, US affirm close cooperation on currency moves
Australia|Business|Economy|Finance|Stock Markets|World

Australia business confidence shaken as costs climb, survey shows

Australian business confidence remained mired in gloom in April, a survey showed on Tuesday, as spiking energy costs from the Middle East war squeezed profit margins and

Australia business confidence shaken as costs climb, survey shows
Business|Economy|Finance|Stock Markets|World

BOJ debated near‑term rate hike at April meeting, opening door to June move

Some Bank of Japan policymakers argued in April for raising rates soon, with one flagging the chance of a June move, highlighting a growing hawkish shift on

BOJ debated near‑term rate hike at April meeting, opening door to June move
Business|Economy|Europe|Finance|World

UK consumers cut spending for first time since late 2024, Barclays card data shows

British consumers, shaken by the widening economic fallout from the Iran war, cut their spending last month for the first time since November 2024 as they focused on essentials

UK consumers cut spending for first time since late 2024, Barclays card data shows
Business|Economy|Technology|World

LOT Polish Airlines says Boeing hid 737 MAX safety concerns to sell jets

Boeing hid safety problems with its 737 MAX jet when LOT Polish Airlines picked the popular single-aisle jet in 2016 to anchor its plans to recover from

LOT Polish Airlines says Boeing hid 737 MAX safety concerns to sell jets
Business|Economy|Finance|Health|Technology

Hims & Hers misses revenue estimates as strategy shift hits sales

Hims & Hers Health missed Wall Street estimates for first-quarter revenue and posted a surprise loss on Monday, as the telehealth company's shift

Hims & Hers misses revenue estimates as strategy shift hits sales
Business|Economy|Finance|World

Japan March household spending falls 2.9% year/year

Japanese household spending fell more than expected in March from a year earlier, government data showed on Tuesday, extending declines to a fourth straight month.

Japan March household spending falls 2.9% year/year
Business|Economy|Environment|Technology

US state governor pushes for grid reforms as power bills swell

The U.S. state governor of Maryland Wes Moore on Monday pushed for reforms in PJM Interconnection, the largest U.S. electricity market, including long-

US state governor pushes for grid reforms as power bills swell
Business|Economy|Entertainment|Finance|Stock Markets|Technology

Byron Allen to buy majority stake in BuzzFeed for $120 million, shares nearly triple

BuzzFeed said on Monday media entrepreneur Byron Allen will take over as the digital media company's next CEO after he entered into a deal to buy a stake of about 52% in the digital

Byron Allen to buy majority stake in BuzzFeed for $120 million, shares nearly triple
Business|Economy|Technology|World

Trump and Xi dialed down the trade war, but challenges lurk at their China summit

President Donald Trump claims America is profiting from trade with China despite tensions over rare earth minerals, tariffs and emerging technologies like AI

Trump and Xi dialed down the trade war, but challenges lurk at their China summit
Business|Economy|Finance|MidEast|Political|US|World

US issues new sanctions over Iran's oil shipments to China

The U.S. government on Monday announced sanctions against three people and nine companies, including four based in Hong Kong and

US issues new sanctions over Iran's oil shipments to China
Economy|Environment|Political|US|World

Trump nominates fired FEMA leader to again lead the agency

U.S.

Trump nominates fired FEMA leader to again lead the agency
Arts|Business|Economy|Technology

Action camera maker GoPro to review options, including possible sale

Action camera maker GoPro said on Monday that it intends to review a range of strategic options that could include a sale of the company or merger, sending its shares up more than

Action camera maker GoPro to review options, including possible sale
Business|Economy|World

Russia downgrades 2026 economic growth forecast to 0.4% from 1.3%, deputy PM says

By Darya Korsunskaya MOSCOW, May 12 - Russia has cut its economic growth forecast for 2026 and the following three years but left unchanged the projected oil price despite the spike in global prices

Russia downgrades 2026 economic growth forecast to 0.4% from 1.3%, deputy PM says
Business|Economy|Finance|Political|World

Trump administration asks US court to pause ruling against tariffs

President Donald Trump's administration on Monday asked a U.S. court to pause its ruling against the administration's 10% global tariff while the

Trump administration asks US court to pause ruling against tariffs
Business|Crime|Economy|Finance|World

Tobacco company BAT's criminal case for violating North Korea sanctions dismissed by US judge

A U.S. judge on Monday dismissed the government's criminal case accusing British American Tobacco of conspiring to violate American sanctions by selling

Tobacco company BAT's criminal case for violating North Korea sanctions dismissed by US judge
Business|Economy|Finance|Political|Stock Markets|US|World

Trump nominates Cameron Hamilton, fired after defending FEMA, to lead the agency

President Donald Trump has nominated Cameron Hamilton to lead the Federal Emergency Management Agency

Trump nominates Cameron Hamilton, fired after defending FEMA, to lead the agency
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens

Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens
Americas|Business|Economy|Political|World

Venezuela's acting president defends country's territory and rejects Trump's 51st state remarks

Venezuela’s acting President Delcy Rodríguez tells journalists that her country has no plans to become the 51st U.S. state after President Donald Trump said he was “seriously considering” the move

Venezuela's acting president defends country's territory and rejects Trump's 51st state remarks
Economy|Europe|Finance|Political|World

UK's Starmer under renewed pressure as lawmakers urge him to quit

Keir Starmer came under renewed pressure on Monday when four ministerial aides stepped down and more than 70 Labour

UK's Starmer under renewed pressure as lawmakers urge him to quit
Business|Economy|Science|Technology

Microsoft, Google, xAI security test details deleted from US government website

The U.S.

Microsoft, Google, xAI security test details deleted from US government website
Business|Economy|Environment|Political

Trump delays order to boost beef imports and calm prices, Wall Street Journal reports

U.S.

Trump delays order to boost beef imports and calm prices, Wall Street Journal reports
Americas|Business|Crime|Economy|Environment|World

Possible gas explosion and fire in Sao Paulo kills one, damages homes

A fire set off by a potential gas explosion killed one person in Brazil's biggest city Sao Paulo on Monday, while

Possible gas explosion and fire in Sao Paulo kills one, damages homes
Business|Economy|Finance|Stock Markets|World

KKR to plough $300 million into private credit fund as losses mount

KKR will inject $300 million into struggling private credit fund FS KKR Capital, the fund said on Monday as it reported growing losses and a sharp drop in net asset value.

KKR to plough $300 million into private credit fund as losses mount
Economy|Political|World

Trump says Iran ceasefire is 'on life support' as hopes for a deal fade

U.S.

Trump says Iran ceasefire is 'on life support' as hopes for a deal fade
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: AI beats Iran impasse

U.S. and world stocks touched new highs on Monday, as artificial intelligence fever continued to outweigh the prolonged U.S.-Iran impasse.

Trading Day: AI beats Iran impasse
Business|Economy|Finance|US|World

Trump says he supports suspending US gas tax after prices remain high

President Donald Trump said on Monday he backs reducing the 18.4-cent federal gasoline tax as U.S. fuel prices

Trump says he supports suspending US gas tax after prices remain high
Business|Economy|Entertainment|Fashion and Beauty|Finance

Victoria's Secret says why Blundy was denied seat, director leaving board

Victoria’s Secret said on Monday why it blocked Australian billionaire Brett Blundy from becoming a director and that one board member will not

Victoria's Secret says why Blundy was denied seat, director leaving board
Business|Economy|Travel|World

Trump nominates David Cummins to head the TSA after a rocky period for the agency

President Donald Trump is nominating David Cummins to lead the Transportation Security Administration

Trump nominates David Cummins to head the TSA after a rocky period for the agency
Economy|Opinion|Political|Science|Technology|World

Trump-Xi summit will be no ‘Nixon in China’ moment – that they are talking is enough for now

Taiwan, trade and AI regulation are on the agenda. But will there be progress on any of these issues during Beijing sit-down?

Trump-Xi summit will be no ‘Nixon in China’ moment – that they are talking is enough for now
Economy|Finance|Political|World

Americans don't think Trump has explained Iran war goals, Reuters/Ipsos poll shows

Two out of three Americans think President Donald Trump has not clearly explained why the country went to war with Iran, according to a Reuters/Ipsos poll

Americans don't think Trump has explained Iran war goals, Reuters/Ipsos poll shows
Asia|Business|Economy|Finance|Stock Markets|World

Oil prices rise as the Iran war drags on, but US stocks inch to more records

Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records

Oil prices rise as the Iran war drags on, but US stocks inch to more records
Business|Economy|Environment|Political|World

Trump says he'll move to suspend federal gasoline tax. He can't do it on his own

President Donald Trump is moving to suspend the federal tax on gasoline to help Americans shoulder surging fuel prices caused by the Iran war

Trump says he'll move to suspend federal gasoline tax. He can't do it on his own
Economy|Finance|Political|Stock Markets|US|World

The Latest: Trump rejects Iran’s latest response to ceasefire proposal ahead of his trip to China

Iran and the United States have reached an impasse again over how to end their war while their ceasefire grew increasingly shaky

The Latest: Trump rejects Iran’s latest response to ceasefire proposal ahead of his trip to China
Business|Economy|Technology

Starbucks cuts 61 technology jobs in Seattle

Starbucks has cut 61 corporate jobs in its technology division at its Seattle headquarters, the company disclosed in a WARN filing the company filed Thursday. 

Starbucks cuts 61 technology jobs in Seattle
Business|Crime|Economy|Finance|Political|US|World

US issues alert to banks on IRGC efforts to evade sanctions

The United States on Monday issued an alert to financial institutions warning of efforts by the Islamic Revolutionary Guard Corps' to evade U.S. sanctions, as concerns

US issues alert to banks on IRGC efforts to evade sanctions
Business|Economy|Finance|Stock Markets|World

Wall St inches to higher close, AI fervor edges out Iran impasse

U.S. stocks closed slightly higher on Monday, with AI optimism fueling upward momentum even as the earnings-driven fervor of the recent

Wall St inches to higher close, AI fervor edges out Iran impasse
Business|Economy|Technology

FedEx resumes MD-11 cargo flights after FAA lifts grounding order

FedEx said Monday it has begun resuming use of its MD-11 airplanes after the Federal Aviation Administration lifted an order that had barred flights

FedEx resumes MD-11 cargo flights after FAA lifts grounding order
Business|Economy|Finance|Political|World

House lawmakers introducing bill to toughen US ban on Chinese vehicles

Two members of the U.S.

House lawmakers introducing bill to toughen US ban on Chinese vehicles
Economy|Finance|Political|US|World

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war

Iran’s ‘garbage’ peace offering is proof it thinks it has won the war
Economy|Political|World

Starmer pledges to prove his doubters wrong but faces a wave of resignation calls

Prime Minister Keir Starmer has vowed to prove his doubters wrong as he faces calls to step down after poor local election results for his Labour Party

Starmer pledges to prove his doubters wrong but faces a wave of resignation calls
Business|Economy|US|World

US senators urge Trump to 'stand strong' on shipbuilding in talks with Xi

A bipartisan group of U.S. senators on Monday urged President Donald Trump to hold fast to trade remedies proposed by his administration to rebuild U.S.

US senators urge Trump to 'stand strong' on shipbuilding in talks with Xi
Economy|Political|US|World

US rejects UN migration forum declaration, State Department says

The U.S.

US rejects UN migration forum declaration, State Department says
Business|Crime|Economy|Political|World

South Africa's Ramaphosa faces down calls to resign over cash-in-sofa scandal

South African President Cyril Ramaphosa faced down calls to resign on Monday over a scandal in which thieves stole bundles of

South Africa's Ramaphosa faces down calls to resign over cash-in-sofa scandal
Business|Economy|Finance|MidEast|Stock Markets|US|World

Businesses are facing rising costs during the Iran war, and economists expect more strains ahead

Costs are piling up for businesses during the U.S. and Israel’s war against Iran — and many economists see a bleak outlook, with some bracing for a downturn in hiring and investment in the coming months

Businesses are facing rising costs during the Iran war, and economists expect more strains ahead
Business|Economy|Political|World

Treasury Department tells US banks to flag suspected Iranian money-laundering networks

The Treasury Department wants U.S. banks to monitor suspected Iranian money laundering networks

Treasury Department tells US banks to flag suspected Iranian money-laundering networks
Business|Economy|Finance|Science|Technology|World

Britain's bank regulator expects 'quite significant disruption' from latest AI models

The head of the Bank of England’s regulatory arm on Wednesday said it was “reasonable to expect quite significant disruption” to financial services from the latest AI models

Britain's bank regulator expects 'quite significant disruption' from latest AI models
Business|Economy|Food|Science|Technology

Papa John's tests drone delivery in North Carolina suburb

Papa John's International is testing U.S. drone deliveries in a small market in North Carolina, the pizza chain announced Monday.

Papa John's tests drone delivery in North Carolina suburb
Economy|Political|World

Trump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closed

U.S. President Donald Trump says the Iran ceasefire is on “life support” after he rejected Tehran’s latest proposal to end the war

Trump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closed
Business|Economy|Finance|Political|World

Lula's consumer debt initiative did not expand credit, Brazil's BTG says

Brazilian President Luiz Inacio Lula da Silva's flagship consumer debt renegotiation program did not expand credit for beneficiaries, BTG Pactual said in

Lula's consumer debt initiative did not expand credit, Brazil's BTG says
Business|Economy|Environment|World

Oil prices settle higher after Trump says Iran ceasefire "on life support"

Oil prices settled almost 3% higher on Monday after U.S.

Oil prices settle higher after Trump says Iran ceasefire "on life support"
Asia|Economy|Europe|MidEast|Political|World

India's Modi to begin five-nation tour, including UAE, amid Middle East crisis

Indian Prime Minister Narendra Modi will embark on a five-nation tour taking in the United Arab Emirates and Europe from May 15-20, India's foreign ministry said in a statement on

India's Modi to begin five-nation tour, including UAE, amid Middle East crisis
Economy|Election|Political|US|World

Jeffries vows Democrats will win House majority in 2026 and 'bury' Republicans in 2028 redistricting

Democrats will win control of the U.S.

Jeffries vows Democrats will win House majority in 2026 and 'bury' Republicans in 2028 redistricting
Asia|Business|Economy|Political|Science|Technology|World

Trump and China's Xi set for talks spanning Iran, nuclear, trade and AI

U.S.

Trump and China's Xi set for talks spanning Iran, nuclear, trade and AI
Economy|Finance|Political|Stock Markets|US|World

Dollar edges up as Trump rejects Iran peace move

The dollar was slightly higher on Monday, but off earlier highs after U.S.

Dollar edges up as Trump rejects Iran peace move
Business|Economy|Entertainment|Finance|Sports

Fox posts upbeat results on Tubi strength, higher distribution fees

Fox Corp beat analysts' estimates for third-quarter revenue and profit on Monday, driven by robust growth in its Tubi streaming service and increased fees from

Fox posts upbeat results on Tubi strength, higher distribution fees
Business|Economy|Finance|Technology|World

Shein accuses Temu of 'industrial scale' copyright breaches in UK legal battle

Online fast-fashion platform Shein accused Temu of copyright infringement "on an industrial scale", while Temu countered that Shein is using litigation to stifle competition

Shein accuses Temu of 'industrial scale' copyright breaches in UK legal battle
Business|Economy|Political|Technology|World

White House invites Musk, Cook for Trump China trip, Bloomberg reports

The White House is inviting Tesla's Elon Musk and Apple's Tim Cook to accompany President Donald Trump on his trip to China this week, Bloomberg News reported Monday, citing a White

White House invites Musk, Cook for Trump China trip, Bloomberg reports
Business|Economy|Finance|World

Stocks edge up ahead of US-China meeting; oil rallies on US-Iran stalemate

U.S. equity indexes inched ahead to record closing highs while the dollar edged higher on Monday, as investors awaited a meeting

Stocks edge up ahead of US-China meeting; oil rallies on US-Iran stalemate
Business|Economy|Finance|Stock Markets|US|World

US home sales flat in April as lackluster spring homebuying season lurches forward

Sales of previously occupied U.S. homes were essentially flat in April, another lackluster showing for the housing market during what’s traditionally its busiest time of the year

US home sales flat in April as lackluster spring homebuying season lurches forward
Business|Economy|Political|World

Iran war raises stakes for US and China ahead of Trump–Xi talks

The Iran war has strained U.S.–Chinese ties further and looks set to dominate the May 14 to 15 summit between U.S.

Iran war raises stakes for US and China ahead of Trump–Xi talks
Economy|Europe|Political|World

Hungary's race to access EU's 10.4 billion euros is ambitious but possible - officials

Hungary is racing to meet an August 31 deadline to become eligible for 10.4 billion euros  ($12.2 billion) from the European Union's post-pandemic

Hungary's race to access EU's 10.4 billion euros is ambitious but possible - officials
Business|Economy|Finance|Stock Markets|World

Emerging market investors shrug off Iran war shock, IIF data shows

Global investors swung sharply back into emerging market assets in April, Institute of International Finance data showed on Monday, as markets recovered from

Emerging market investors shrug off Iran war shock, IIF data shows
Business|Economy|Finance|Stock Markets|US

US home sales edge up in April but affordability remains a challenge

U.S. existing home sales rebounded less than expected in April, and could struggle to gain altitude as mortgage rates remain elevated and rising

US home sales edge up in April but affordability remains a challenge
Business|Economy|Environment|Science|Technology

Fervo Energy eyes $7.4 billion valuation in upsized US IPO

Geothermal power developer Fervo Energy said on Monday it was targeting up to a $7.37 billion valuation in its U.S. upsized initial public offering, underscoring strong investor

Fervo Energy eyes $7.4 billion valuation in upsized US IPO
Business|Economy|Finance|Stock Markets|World

Swatch shareholder vote tests Hayek grip after advisers back Wood

Swatch is bracing for a showdown at its annual meeting on Tuesday after proxy advisers came out in support of investor Steven Wood, challenging the Hayek

Swatch shareholder vote tests Hayek grip after advisers back Wood
Business|Economy|Finance|Stock Markets|Technology|US|World

Wise set to make Nasdaq debut as company completes shift from London to New York

Money transfer company Wise is set to debut on the Nasdaq on Monday, shifting its primary listing from London to New York as the fintech unicorn

Wise set to make Nasdaq debut as company completes shift from London to New York
Business|Economy|Finance|Stock Markets|US|World

Wall St slips at open as US-Iran impasse lifts oil

Wall Street's main indexes opened lower on Monday, after last week's record-setting rally, as renewed worries over stalled U.S.-Iran talks lifted oil prices and tempered risk

Wall St slips at open as US-Iran impasse lifts oil
Business|Economy|Technology|World

Alphabet, Amazon tap overseas debt markets to fund AI infrastructure push

Big tech's borrowing spree to fund AI intensified on Monday as Alphabet disclosed plans for its first yen-denominated bond sale and Amazon prepared its debut Swiss franc

Alphabet, Amazon tap overseas debt markets to fund AI infrastructure push
Economy|Environment|Health|Science|Technology|World

‘Not normal’: On one April day, all of the planet’s top 50 hottest cities were in a single country

‘Not normal’: On one April day, all of the planet’s top 50 hottest cities were in a single country

‘Not normal’: On one April day, all of the planet’s top 50 hottest cities were in a single country
Economy|Environment|Health|Political|Science

When you don’t have the facts, argue the law: How Trump’s EPA is limiting its own ability to protect public health far into the future

The EPA’s new interpretations are strategically designed to appeal to the current US Supreme Court’s view of agency authority.

When you don’t have the facts, argue the law: How Trump’s EPA is limiting its own ability to protect public health far into the future
Economy|Education|Environment|Science|Technology

The missing link in America’s critical minerals push isn’t mining – it’s processing expertise

America was once the global leader in rare earth element production, but as processing moved to China, the US lost capacity and expertise. It can get them back.

The missing link in America’s critical minerals push isn’t mining – it’s processing expertise
Business|Economy|Education|World

Older Americans say it’s a good time to find a job. Younger people aren’t buying it, new poll finds

A new poll finds that younger Americans are more pessimistic than older ones about the state of the job market

Older Americans say it’s a good time to find a job. Younger people aren’t buying it, new poll finds
Business|Economy|Environment|World

Water levels on Rhine river in Germany rising after rain, may normalise this week

Rain has increased water levels on the river Rhine in Germany enabling cargo vessels to sail with more freight after shallow water hindered shipping last week, although

Water levels on Rhine river in Germany rising after rain, may normalise this week
Business|Economy|Europe|Finance|MidEast|Political|Stock Markets|US|World

European shares muted as markets weigh US-Iran deadlock

European shares ended Monday's session flat, constrained by a drop in luxury stocks, while stalled U.S.-Iran peace negotiations drove oil prices

European shares muted as markets weigh US-Iran deadlock
Business|Economy|Finance|Stock Markets

11 weeks and counting

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The Iran conflict is entering its 11th week - more than twice the

11 weeks and counting
Business|Economy|Europe|World

Blackstone to acquire Greek e-commerce platform Skroutz from CVC

Blackstone will acquire Greek e-commerce platform Skroutz from CVC Capital Partners Fund VII, CVC said on Monday.

Blackstone to acquire Greek e-commerce platform Skroutz from CVC
Business|Economy|Environment|Europe|Technology

Europe's EV investments near 200 billion euros, New Automotive data shows

Countries in the European Economic Area and Switzerland have committed almost 200 billion euros ($235 billion) to their electric vehicle (EV)

Europe's EV investments near 200 billion euros, New Automotive data shows
Business|Economy|Finance|Stock Markets|Technology

EchoStar loses more pay-TV subscribers than expected amid cord-cutting

Telecommunications services firm EchoStar posted a larger-than-expected decline in pay-TV subscribers for the first quarter, as cord-cutting pressures persist.

EchoStar loses more pay-TV subscribers than expected amid cord-cutting
Business|Economy|Environment|Health|World

China's marriages drop to decade low, deepening demographic concerns

Marriage registrations in China fell 6.2% year on year in the first quarter and are about half 2017 levels, official data show, underscoring the demographic strain in a

China's marriages drop to decade low, deepening demographic concerns
Business|Economy|Science|Technology

AI labs should pass safety review to get US government contracts, group says

The Trump administration should screen cutting-edge artificial intelligence models for security threats before they are publicly released and withhold lucrative

AI labs should pass safety review to get US government contracts, group says
Business|Economy|Finance|World

Japan panel members urge BOJ to heed firms' funding strains amid Mideast tensions

Private-sector members of Japan's key economic advisory panel urged the Bank of Japan on Monday to be cautious about the risk of funding strains on smaller

Japan panel members urge BOJ to heed firms' funding strains amid Mideast tensions
Business|Economy|Finance|Political|Technology

US Senate Committee set to consider long-awaited crypto bill this week

U.S. senators are set to consider long-awaited legislation that would create a regulatory framework for cryptocurrency on Thursday, potentially ending a deadlock over

US Senate Committee set to consider long-awaited crypto bill this week
Business|Economy|Finance|Travel|World

Spirit's exit lifts airfares, but budget model remains under pressure

The collapse of Spirit Airlines, one of the industry's fiercest discounters, has given U.S. budget carriers more room to lift fares, but its exit does

Spirit's exit lifts airfares, but budget model remains under pressure
Business|Crime|Economy|Finance|Stock Markets|US

Short seller Andrew Left to stand trial in LA over manipulation charges

High-profile short seller Andrew Left's criminal trial will kick off in Los Angeles this week, spotlighting a contentious cohort of investors who have

Short seller Andrew Left to stand trial in LA over manipulation charges
Business|Economy|Political|Technology|World

Zelenskiy says some 20 countries interested in drone deals with Ukraine

Nearly 20 countries are interested in drone deals with Ukraine and four agreements have already been signed, Ukrainian President Volodymyr Zelenskiy said on Monday.

Zelenskiy says some 20 countries interested in drone deals with Ukraine
Economy

HSBC lifts S&P 500 year-end target on earnings optimism

HSBC has raised its year-end target for the benchmark S&P 500 index to 7,650 from 7,500 on Monday, citing resilient earnings growth.

HSBC lifts S&P 500 year-end target on earnings optimism
Economy|Europe|Political|Science

Hungary to review Paks nuclear plant expansion, ministerial nominee says

Hungary will review the financing and implementation of the Paks nuclear power plant expansion project, the nominee for economy and

Hungary to review Paks nuclear plant expansion, ministerial nominee says
Business|Economy|Political|Sports|Travel|World

There’s one month until World Cup 2026 kicks off. Here are 5 things to know

There’s one month until World Cup 2026 kicks off. Here are 5 things to know

There’s one month until World Cup 2026 kicks off. Here are 5 things to know
Business|Economy|Finance|Stock Markets

It’s not just drivers who hate high gas prices. So do gas station owners

It’s not just drivers who hate high gas prices. So do gas station owners

It’s not just drivers who hate high gas prices. So do gas station owners
Business|Economy|Political|World

China opposes US sanctions over Iran, pledges to protect firms

China voiced strong opposition on Monday to U.S. sanctions for three China-based companies that Washington claimed enabled Iran's military operations, calling the curbs

China opposes US sanctions over Iran, pledges to protect firms
Business|Economy|World

India, Peru likely to hold talks on free trade pact in June, diplomat says

India and Peru will probably hold the next round of talks on a proposed free trade pact next month, a senior Peruvian diplomat told Reuters, adding that a

India, Peru likely to hold talks on free trade pact in June, diplomat says
Economy|Europe|World

Norway's April core inflation rises in line with expectations 

Norway's annual core inflation rose in line with expectations in April, Statistics Norway (SSB) data showed on Monday, supporting expectations interest rates could increase

Norway's April core inflation rises in line with expectations 
Business|Economy|Finance|World

Departing Bank of Korea board member says policy should focus on inflation control

South Korea's central bank needs to prioritise controlling inflation as it could exceed the target rate after the war in Iran drove up energy prices, an outgoing member of

Departing Bank of Korea board member says policy should focus on inflation control
Business|Economy|Finance|Stock Markets|Technology|World

Market listing an option for VW's US Scout brand, CEO tells paper

Volkswagen's U.S. brand Scout was designed from the start to pursue a potential stock market listing or to allow strategic investors to take a stake, its CEO Scott Keogh

Market listing an option for VW's US Scout brand, CEO tells paper
Business|Economy|Political|Technology|World

US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summit

As President Donald Trump prepares to meet with Chinese President Xi Jinping this week, the U.S. auto industry and lawmakers on both

US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summit
Economy|Europe|World

ECB's Kocher sees rate move if inflation outlook does not improve

The European Central Bank will need to adjust interest rates soon if the inflationary outlook does not significantly improve, ECB Governing Council Member Martin Kocher was

ECB's Kocher sees rate move if inflation outlook does not improve
Business|Economy|Finance|Stock Markets|US|World

BofA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data

BofA Global Research and Goldman Sachs are the latest brokerages to revise their U.S.

BofA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data
Asia|Business|Economy|World

Ambani's Jio Platforms IPO pivots to pure fundraising, no investor exits, sources say

Indian billionaire Mukesh Ambani's Reliance Jio Platforms has shifted its planned Mumbai IPO to a pure fundraising exercise, abandoning

Ambani's Jio Platforms IPO pivots to pure fundraising, no investor exits, sources say
Business|Economy|Europe|Finance|Stock Markets|World

ECB's de Guindos urges prudence on rates in parting shot - FT

The European Central Bank's outgoing Vice President Luis de Guindos urged colleagues, in an interview published on Monday, to be prudent when deciding on an expected

ECB's de Guindos urges prudence on rates in parting shot - FT
Business|Economy|Technology|World

China's domestic car demand stays weak but exports strengthen

China's domestic car sales fell for a seventh straight month in April amid intense competition in the world's biggest auto market but exports stayed strong as automakers

China's domestic car demand stays weak but exports strengthen
Asia|Business|Economy|Europe|Finance|MidEast|Political|Stock Markets|World

Peace progress stalls, AI rally does not

A look at the day ahead in European and global markets from Tom Westbrook Markets still want to believe that neither the U.S. nor Iran is aiming to escalate their conflict.

Peace progress stalls, AI rally does not
Business|Economy|Environment|Science|World

New Zealand state farming goes bush in support of nature credit market

New Zealand state-owned farming enterprise Pamu says it plans to convert 600 hectares (1,483 acres) of farmland into native forest to generate high-quality nature

New Zealand state farming goes bush in support of nature credit market
Asia|Business|Economy|Political|World

Taiwan confident in US ties but hopes for no 'surprises' from Trump's China summit

Taiwan is confident in the stable development of its ties with the U.S. but hopes there are no "surprises" on Taiwan-related issues when U.S.

Taiwan confident in US ties but hopes for no 'surprises' from Trump's China summit
Business|Economy|World

China's factory inflation hits 45-month high on energy price shock

China's producer prices blew past expectations to rise to a 45-month high in April, while consumer inflation also accelerated as global energy

China's factory inflation hits 45-month high on energy price shock
Australia|Economy|Finance|World

Australia seeks reform, inflation restraint in budget balancing act

Australia is expected to deliver a smaller than initially forecast budget deficit this week as the government banks revenue windfalls from higher commodity

Australia seeks reform, inflation restraint in budget balancing act