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

Economy

Business|Economy|Technology

Pinterest forecasts upbeat quarterly revenue on resilient ad spending, shares surge

Pinterest forecast second-quarter revenue above analysts' estimates on Monday, betting on steadily growing spending by advertisers, sending the image-sharing

Pinterest forecasts upbeat quarterly revenue on resilient ad spending, shares surge
Business|Economy|Stock Markets|Technology|US

GameStop's $56 billion eBay bid raises financing doubts among investors

GameStop CEO Ryan Cohen's unprecedented $56 billion takeover bid for the much larger eBay drew skepticism from investors and analysts on Monday, with shares in the

GameStop's $56 billion eBay bid raises financing doubts among investors
Business|Economy|MidEast|Political|World

US and Iran launch new attacks as they wrestle for control of Gulf waters

The U.S. and Iran launched new attacks in the Gulf on Monday as they wrestled for control over the Strait of Hormuz

US and Iran launch new attacks as they wrestle for control of Gulf waters
Business|Economy|Stock Markets|Technology

Chipmaker Onsemi forecasts quarterly revenue above estimates on resilient auto demand

Onsemi forecast second-quarter revenue above Wall Street expectations on Monday, betting on resilient demand for its chips as the automotive industry recovers.

Chipmaker Onsemi forecasts quarterly revenue above estimates on resilient auto demand
Americas|Business|Economy|Political|World

Costa Rica's top newspaper says US revoked visas of its executives, prompting press freedom concerns

One of Costa Rica’s leading media outlets says that the United States has revoked the tourist visas of several executives on its board

Costa Rica's top newspaper says US revoked visas of its executives, prompting press freedom concerns
Business|Economy|Science|Technology

OpenAI president discloses his stake in the company is worth $30B

Greg Brockman, OpenAI’s president and CEO Sam Altman’s top lieutenant, disclosed in court Monday that his stake in the artificial intelligence company is worth nearly $30 billion

OpenAI president discloses his stake in the company is worth $30B
Arts|Business|Economy|Entertainment

Actors and studios strike a tentative 4-year deal, easing fears of another Hollywood shutdown

Television and movie actors have reached a tentative four-year contract agreement with studios and streaming services

Actors and studios strike a tentative 4-year deal, easing fears of another Hollywood shutdown
Business|Economy|Political|World

Trump’s gambit to move ships through the Strait of Hormuz tests the fragile ceasefire

Trump’s gambit to move ships through the Strait of Hormuz tests the fragile ceasefire

Trump’s gambit to move ships through the Strait of Hormuz tests the fragile ceasefire
Business|Crime|Economy|Environment|World

California says State Farm violated the law in handling of insurance claims after 2025 LA wildfires

California’s top insurance regulator says the state is seeking millions of dollars in penalties from State Farm after an investigation found the insurance company violated state law while handling claims from the 2025 Los Angeles-area wildfires

California says State Farm violated the law in handling of insurance claims after 2025 LA wildfires
Business|Economy|Finance|Stock Markets|World

Wall Street falls from its records and oil prices jump after fighting flares in the Middle East

U.S. stocks fell from their record heights, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran

Wall Street falls from its records and oil prices jump after fighting flares in the Middle East
Business|Economy|Environment|Finance|Stock Markets|US|World

Goldman says global oil stocks approaching eight-year low, depletion speed a concern

Global oil stocks are approaching their lowest level in eight years, Goldman Sachs said on Monday, warning that the speed of depletion was becoming a concern as supplies through the

Goldman says global oil stocks approaching eight-year low, depletion speed a concern
Arts|Business|Economy|Entertainment

CEO of Berkshire's Benjamin Moore says paint shoppers 'trading down' as inflation weighs

The chief executive of Berkshire Hathaway-owned Benjamin Moore said cautious consumers are spending less on paint as elevated inflation and

CEO of Berkshire's Benjamin Moore says paint shoppers 'trading down' as inflation weighs
Business|Economy|Finance|Political|Stock Markets|US|World

US Treasury boosts Q2 borrowing outlook; keeps issuance plans in focus

The U.S.

US Treasury boosts Q2 borrowing outlook; keeps issuance plans in focus
Business|Economy|Science|Technology|World

European Commission is in contact with Anthropic on Mythos, Dombrovskis says

The European Commission is in contact with Anthropic regarding Mythos and is assessing its possible implications, European Economic Commissioner Valdis ​Dombrovskis told

European Commission is in contact with Anthropic on Mythos, Dombrovskis says
Arts|Business|Economy|Entertainment|Lifestyle|Political|Travel

This year's Cinco de Mayo parade has more meaning after Operation Metro Surge, attendees say

This year's Cinco de Mayo parade has more meaning after Operation Metro Surge, attendees say

This year's Cinco de Mayo parade has more meaning after Operation Metro Surge, attendees say
Business|Economy|Education|Environment|Lifestyle

More than 100 staff at Brookfield Zoo Chicago go on strike; zoo remains open to the public

More than 100 staff at Brookfield Zoo Chicago go on strike; zoo remains open to the public

More than 100 staff at Brookfield Zoo Chicago go on strike; zoo remains open to the public
Business|Crime|Economy|Environment|Lifestyle|US

Prosecutors say arson suspect in Los Angeles' Palisades Fire was angry 'at the world'

The man accused of sparking the deadly Palisades Fire in Los Angeles was upset that he didn’t have plans for New Year’s Eve and told Uber passengers he was angry at the world hours before the initial blaze was sparked

Prosecutors say arson suspect in Los Angeles' Palisades Fire was angry 'at the world'
Business|Economy|Finance|Political|World

Brazil revives consumer debt relief program ahead of Lula's re-election bid

Brazil relaunched on Monday a consumer debt relief program first introduced in 2023, aiming to cut interest burdens and boost disposable income ahead of

Brazil revives consumer debt relief program ahead of Lula's re-election bid
Americas|Economy|Europe|Political|World

Germany's Merz marks a year in office facing deep transatlantic crisis

Chancellor Friedrich Merz marks a year in office this week facing the biggest crisis with Washington in decades, after President Donald Trump said he would

Germany's Merz marks a year in office facing deep transatlantic crisis
Business|Economy|Environment|Political|World

US Justice Dept sues to block Minnesota's climate change lawsuit

The U.S.

US Justice Dept sues to block Minnesota's climate change lawsuit
Business|Economy|Finance|Stock Markets|World

ECB may need to hike rates in June, Nagel says

The European Central Bank may need to raise interest rates in June if the inflation outlook does not improve significantly in the coming weeks, Bundesbank President

ECB may need to hike rates in June, Nagel says
Business|Economy|Finance|US|World

Williams says Fed policy well positioned for economic risks, uncertainty

By Michael S.

Williams says Fed policy well positioned for economic risks, uncertainty
Business|Economy|Environment|Finance|Stock Markets

Nitrogen surge to lift CF, Nutrien earnings; Mosaic faces headwinds

Nitrogen-focused fertilizer producers are set to report stronger quarterly earnings as a surge in prices, driven by Middle East gas disruptions, lifts margins, though

Nitrogen surge to lift CF, Nutrien earnings; Mosaic faces headwinds
Business|Economy|Environment|World

Oil prices jump 6% as Iran sets UAE oil port ablaze, strikes vessels in Strait of Hormuz

Oil prices jumped about 6% on Monday as Iran stepped up attacks on the United Arab Emirates and ships in the Middle East Gulf over the past 24 hours, the

Oil prices jump 6% as Iran sets UAE oil port ablaze, strikes vessels in Strait of Hormuz
Business|Economy|Europe|US|World

US to move forward with plans to hike EU car tariffs

U.S.

US to move forward with plans to hike EU car tariffs
Business|Economy|Food|Technology

Dairy Queen pauses Middle East growth plans, takes on AI in drive-thrus

Middle East tensions including war in Iran have led Berkshire Hathaway-owned Dairy Queen to put expansion plans in the region on hold, as

Dairy Queen pauses Middle East growth plans, takes on AI in drive-thrus
Asia|Business|Economy|Finance|Stock Markets|World

Oil jumps, stocks drop as Iran tightens grip on Strait of Hormuz

Oil prices jumped 6% on Monday and stocks fell as Iran escalated its military campaign, hitting several ships in the Strait of Hormuz and setting

Oil jumps, stocks drop as Iran tightens grip on Strait of Hormuz
Business|Economy|US|World

Fed's Williams says more agreement on FOMC than dissents imply

Federal Reserve Bank of New York President John Williams said Monday that there’s more agreement on the rate-setting Federal Open Market Committee than last week’s policy

Fed's Williams says more agreement on FOMC than dissents imply
Business|Crime|Economy|Finance|Political|Technology|World

Trump family crypto project countersues billionaire backer Sun for 'smear campaign'

World Liberty Financial, the crypto venture co-founded ​by U.S.

Trump family crypto project countersues billionaire backer Sun for 'smear campaign'
Americas|Economy|Political|World

Argentina's Milei restores press access to presidency after a ban sparks backlash

President Javier Milei of Argentina has restored press access to his government headquarters

Argentina's Milei restores press access to presidency after a ban sparks backlash
Economy|Health

Iowa lawmakers pass vape tax to fund pediatric cancer research

Iowa lawmakers pass vape tax to fund pediatric cancer research

Iowa lawmakers pass vape tax to fund pediatric cancer research
Economy|Political|US|World

How Florida designed a US House map aiming to give Republicans four more seats

How Florida designed a US House map aiming to give Republicans four more seats

How Florida designed a US House map aiming to give Republicans four more seats
Business|Economy|Travel|US|World

CNN walks through an empty Spirit terminal

CNN's Gloria Pazmino walks through a Spirit Airlines terminal that now sits empty after the airline announced it's shutting down.

CNN walks through an empty Spirit terminal
Business|Economy|Food|US

DOJ plans to settle Agri Stats case, White House official says

The U.S.

DOJ plans to settle Agri Stats case, White House official says
Business|Economy|Europe|World

High oil prices won't rescue Russian growth, think tank says

High global oil prices will not help boost Russian economic growth this year as Ukrainian drone attacks and new Western sanctions weigh on crude output and exports, a think

High oil prices won't rescue Russian growth, think tank says
Business|Economy|Finance|Political|Stock Markets|US|World

Bessent urges China to step up diplomacy on Iran ahead of Trump-Xi summit

U.S.

Bessent urges China to step up diplomacy on Iran ahead of Trump-Xi summit
Business|Economy|Finance|Science|Stock Markets|Technology|US

US factory orders rise more than expected in March

New orders for U.S. factory goods rose more than expected in March, led by surging demand for electronics products amid the artificial intelligence investment boom.

US factory orders rise more than expected in March
Business|Economy|Finance|Stock Markets|World

Dollar higher as US-Iran conflict keeps risk appetite muted

The U.S. dollar rose against the euro as the conflict in the Middle East kept investors skittish and the yen briefly strengthened prompting renewed

Dollar higher as US-Iran conflict keeps risk appetite muted
Business|Economy|US|World

Spirit Airlines seeks approval to make retention payments as it ends operations

Bankrupt discount carrier Spirit Airlines, which ceased operations on Saturday, asked a U.S. bankruptcy court for approval to pay

Spirit Airlines seeks approval to make retention payments as it ends operations
Business|Economy|Environment|World

Iran war has put foreign workers in the Gulf at greater risk while raising the cost of going home

The Iran war has made life even more precarious for millions of foreign workers in the Middle East

Iran war has put foreign workers in the Gulf at greater risk while raising the cost of going home
Arts|Business|Economy|Health

FACT FOCUS: Why nearly 4.3 million people are no longer receiving food stamps

Agriculture Secretary Brooke Rollins this week attributed a multimillion-person drop in the number of participants receiving food stamps through the Supplemental Nutrition Assistance Program to the tamping down of fraud and an improved economy

FACT FOCUS: Why nearly 4.3 million people are no longer receiving food stamps
Economy|Environment|Sports|Technology

Formula 1's electrical revolution is losing its spark and V8 power could return

Four races into Formula 1’s new era and the peak of electrical power’s influence on the sport may already be in the rearview mirror

Formula 1's electrical revolution is losing its spark and V8 power could return
Business|Economy|Travel

'The 2006 Nissan Altima of airlines': Journalist details what Spirit Airlines got right, and wrong

After Spirit Airlines abruptly shut down operations, business journalist and NPR “Full Disclosure” host Roben Farzad describes to CNN’s Fredricka Whitfield the pioneer discount carrier's no-frills strengths and its "roulette element" weaknesses.

'The 2006 Nissan Altima of airlines': Journalist details what Spirit Airlines got right, and wrong
Business|Economy|Finance|Stock Markets|US

U.S. equity fund inflows ease to a six-week low

U.S. equity fund inflows ebbed to a six-week low in the week through April 29 as investors concerned over a surge in crude oil prices exercised caution ahead of a monetary policy

U.S. equity fund inflows ease to a six-week low
Business|Economy|Environment|Technology|World

Tesla posts mixed April sales across Europe but overall rebound stays on track

New registrations of Tesla vehicles extended their recovery in several European markets in April, more than doubling in Sweden, France and

Tesla posts mixed April sales across Europe but overall rebound stays on track
Business|Economy|Finance|Stock Markets|US|World

S&P 500 falls from record high on Middle East worries

Wall Street ended lower on Monday, with the S&P 500 retreating from record highs, after a South Korean ship was hit by an explosion in the Strait

S&P 500 falls from record high on Middle East worries
Business|Economy|Finance|Stock Markets|Travel

JetBlue, Frontier shares rise as Spirit shutdown makes room for growth

Shares of Frontier Airlines and JetBlue Airways rose on Monday, after rival Spirit Airlines shut shop, fueling hopes the carriers can capture market share, control

JetBlue, Frontier shares rise as Spirit shutdown makes room for growth
Business|Economy|Finance|Technology|World

Amazon opens up logistics network to other businesses in challenge to UPS, FedEx

Amazon.com said on Monday it would allow other businesses to store and ship goods ranging from raw materials to final products through its

Amazon opens up logistics network to other businesses in challenge to UPS, FedEx
Business|Economy|Europe|Finance|World

Portugal trims 2026 growth forecast to 2%, still targets budget balance

Portugal's government has cut its 2026 economic growth forecast to 2% from 2.3% citing severe storms in January and February and a jump in energy prices

Portugal trims 2026 growth forecast to 2%, still targets budget balance
Economy|Health|Political|World

Zambia says US health deal must be uncoupled from minerals access

Zambia's government said on Monday that it opposed a U.S. attempt to tie health funding to access to critical minerals, giving details for the first time about why

Zambia says US health deal must be uncoupled from minerals access
Business|Economy|Finance|Stock Markets|Technology

Blackstone vehicle aims to raise over $1.7 billion in US IPO to fund data center bet

A newly minted Blackstone investment vehicle is aiming to raise slightly over $1.7 billion in an initial public offering in the United States to capitalize on booming demand in the

Blackstone vehicle aims to raise over $1.7 billion in US IPO to fund data center bet
Business|Economy|Political|World

Russia intensifies drone attacks on ports, Ukraine says

Russia has stepped up its targeting of Ukrainian port infrastructure this year, Kyiv said on Monday, using more than 800 drones in its attacks in the first four months of 2026,

Russia intensifies drone attacks on ports, Ukraine says
Business|Economy|Technology

WEX board deal ends bitter proxy battle with activist Impactive

Payment processing and information management services group WEX said on Monday it had reached a deal with Impactive Capital to add three board

WEX board deal ends bitter proxy battle with activist Impactive
Business|Economy|Finance|Stock Markets|World

Wall St slips at open as US-Iran tensions unsettle investors

Wall Street's main indexes slipped after market open on Monday as heightened investor anxiety over the Middle East conflict tempered the optimism from last week's earnings.

Wall St slips at open as US-Iran tensions unsettle investors
Economy|Political|World

Modi’s poll gains point to push on India's civil law reform, infrastructure

(Corrects paragraph 8 to clarify that BJP and its allies on course to control 20 states and not 22 states out of 28) By Krishna N.

Modi’s poll gains point to push on India's civil law reform, infrastructure
Business|Economy|Finance|Food|Stock Markets

Tyson Foods profit beats estimates, beef business struggles

Tyson Foods reported better-than-expected quarterly earnings and raised its full-year income forecast on Monday, as rising chicken sales helped

Tyson Foods profit beats estimates, beef business struggles
Economy|Political|World

Senegal's President Faye says ruling party, led by PM Sonko, risks 'collapse'

Senegalese President Bassirou Diomaye Faye said the ruling party is on a path that could lead to its downfall but that the party's leader, Prime

Senegal's President Faye says ruling party, led by PM Sonko, risks 'collapse'
Business|Economy|Health|Science|Technology|World

Amgen to invest additional $300 million to boost US manufacturing footprint

Amgen said on Monday it was investing an additional $300 million in Puerto Rico to expand its U.S. manufacturing network.

Amgen to invest additional $300 million to boost US manufacturing footprint
Business|Economy|Environment|Europe|Finance|Stock Markets|World

Don't cut banks' capital requirements, ECB tells governments

Euro zone governments should not lower banks' capital requirements as this would do little to boost credit while demand is weak and the environment is fraught with risks

Don't cut banks' capital requirements, ECB tells governments
Business|Economy|Election|Finance|Stock Markets|World

Modi's party set to make big gains in Indian state elections

Indian Prime Minister Narendra Modi's party was on course to win two of four crucial state elections on Monday, expanding its

Modi's party set to make big gains in Indian state elections
Economy|Environment|Science|Technology

How balcony solar can help renters and homeowners save money

Small-scale solar panels usable by renters and without rooftop installation can boost renewable energy use and reduce the effects of high electricity prices.

How balcony solar can help renters and homeowners save money
Business|Economy|Travel|US|World

Spirit Airlines shuts down

U.S. discount carrier Spirit Airlines has shut down and canceled all flights. Ben Hunte speaks with Meghna Maharishi, Airline reporter with Skift.

Spirit Airlines shuts down
Business|Economy|Finance|Stock Markets|World

Strait talk

What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Oil prices spiked by around 5% on Monday after Iran said it

Strait talk
Business|Economy|Political|World

Most Strait of Hormuz shipping at a standstill despite latest US pledge

There were no signs of increased vessel traffic through the Strait of Hormuz on Monday, a day after President Donald Trump said the U.S. would begin

Most Strait of Hormuz shipping at a standstill despite latest US pledge
Business|Economy|Finance|Health|Stock Markets|Technology|US

KKR-backed GMR eyes $5 billion valuation in US IPO

Emergency medical services provider GMR Solutions said on Monday it was targeting a valuation of up to $5 billion in its U.S. initial public

KKR-backed GMR eyes $5 billion valuation in US IPO
Business|Economy|Europe|Political|World

EU countries push to settle US trade deal to avoid car tariff hike

European Union countries are broadly pushing for the swift implementation of the bloc's side of a trade deal struck with the United States last year to

EU countries push to settle US trade deal to avoid car tariff hike
Business|Economy|Finance|Stock Markets|Technology

Big Tech’s massive spending is back in focus on Wall Street

Big Tech’s massive spending is back in focus on Wall Street

Big Tech’s massive spending is back in focus on Wall Street
Business|Economy|Finance|Stock Markets|Technology

Shares of eBay take off on a $56 billion buyout bid from GameStop's Ryan Cohen

Shares of eBay are soaring before the opening bell after Ryan Cohen's GameStop announced an attempt to take over the company for about $56 billion, seeing it as a vehicle to compete with online retail giant Amazon

Shares of eBay take off on a $56 billion buyout bid from GameStop's Ryan Cohen
Business|Economy|Sports

The Pirates are trying to win back Pittsburgh. For the first time in a long time, they might have a chance

The Pirates are trying to win back Pittsburgh. For the first time in a long time, they might have a chance

The Pirates are trying to win back Pittsburgh. For the first time in a long time, they might have a chance
Economy|Election|Political|US

Democrats look for a foothold in Iowa as Vance visits to boost Republicans

Democrats believe they can make Iowa a political battleground again

Democrats look for a foothold in Iowa as Vance visits to boost Republicans
Business|Economy|Finance|Stock Markets|Technology

GameStop makes daring $56 billion bid for eBay, hoping to rival Amazon

GameStop makes daring $56 billion bid for eBay, hoping to rival Amazon

GameStop makes daring $56 billion bid for eBay, hoping to rival Amazon
Business|Economy|Finance|World

ECB's Kazimir: June rate hike all but inevitable

A European Central Bank rate hike in June is all but inevitable as higher energy costs are bound to spread to the broader economy and developments in the Iran war have not

ECB's Kazimir: June rate hike all but inevitable
Business|Economy|Finance|Stock Markets|World

Dollar rises, European stocks and bonds fall after reports of U.S. warship being hit missiles 

The dollar strengthened while European shares and bond prices fell on Monday after Iran's Fars News agency reported that two missiles hit a U.S. warship when it tried to pass

Dollar rises, European stocks and bonds fall after reports of U.S. warship being hit missiles 
Business|Economy|Environment|World

Power suppliers hesitate as Venezuela seeks grid repairs without payment guarantees

When potential providers and financiers for Venezuela's electric industry, including Siemens Energy and GE

Power suppliers hesitate as Venezuela seeks grid repairs without payment guarantees
Business|Economy|Finance|Stock Markets|Technology|World

US SEC review delays first prediction-market ETFs

More than two dozen exchange-traded funds tied

US SEC review delays first prediction-market ETFs
Business|Economy|Finance|Stock Markets|Technology

Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surges

Nvidia-rival Cerebras is seeking a valuation of as much as $26.62 billion in its U.S. initial public offering, as heavy spending on AI

Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surges
Business|Economy|Finance|Stock Markets|World

Global equity funds attract inflows for sixth week on earnings optimism

Global equity funds drew inflows for a sixth straight week through April 29, as optimism over strong first-quarter earnings outweighed investor concerns about the Middle East

Global equity funds attract inflows for sixth week on earnings optimism
Business|Economy|Political|World

UAE says it is discussing currency swap line with US

The United Arab Emirates is discussing a currency swap line with the United States, its trade minister said on Monday.

UAE says it is discussing currency swap line with US
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

European shares drop as Middle East continues to hit sentiment

European shares dropped on Monday as hostilities in the Middle East showed no signs of easing and crude oil prices soared, with investors grappling

European shares drop as Middle East continues to hit sentiment
Africa|Business|Economy|World

South African factory mood improves in April, Absa PMI shows

A gauge of South African manufacturing sentiment improved in April as output and new sales orders rebounded after a weak first quarter, a purchasing managers' index (

South African factory mood improves in April, Absa PMI shows
Asia|Business|Economy|Political|World

Indonesia, Japan sign defence cooperation agreement

Indonesia and Japan signed a defence cooperation agreement on Monday, officials said, which includes cooperation in the defence industry, human development and disaster

Indonesia, Japan sign defence cooperation agreement
Business|Economy|Europe|Finance|Stock Markets|World

ECB needs "critical mass of data" before hikes, Villeroy says

The European Central Bank needs clear evidence inflationary pressures are becoming entrenched to begin raising interest rates, Bank of France Governor Francois Villeroy de

ECB needs "critical mass of data" before hikes, Villeroy says
Business|Economy|Environment|Food|World

US restaurant sales drop as Iran war pushes gasoline prices higher

Several U.S. restaurant chains including Wingstop and Domino's reported weaker-than-expected sales growth in the latest quarter, saying that soaring gasoline

US restaurant sales drop as Iran war pushes gasoline prices higher
Business|Economy|Finance

Cost gap drives some US borrowers from private credit to bank-led syndicated loans

Signs of turmoil in private credit are pushing some borrowers to the syndicated loans market, which is proving to be significantly cheaper

Cost gap drives some US borrowers from private credit to bank-led syndicated loans
Business|Economy|Political|World

US evacuates 22 crew members on seized Iranian ship to Pakistan

The U.S. has evacuated 22 crew members held aboard an Iranian container vessel to Pakistan and will hand them over to Iranian authorities on Monday, Pakistan's foreign

US evacuates 22 crew members on seized Iranian ship to Pakistan
Australia|Business|Crime|Economy|Education|Finance|Stock Markets|World

Australian Jews tell antisemitism inquiry of surge in hate before Bondi Hanukkah massacre

An Australian inquiry into antisemitism has heard from Jewish Australians who feel increasingly fearful after a massacre at a Hanukkah celebration

Australian Jews tell antisemitism inquiry of surge in hate before Bondi Hanukkah massacre
Business|Economy|Finance|Stock Markets|Technology

SK Hynix shares rally 13% after US tech firms signal strong AI spending plans

Shares of SK Hynix surged 13% to a record high on Monday, driven by foreign buying, after some big U.S. tech firms last week hiked their investment plans for

SK Hynix shares rally 13% after US tech firms signal strong AI spending plans
Business|Economy|Europe|Finance|World

French manufacturing output and orders rise in April on inflation fears, PMI shows

French manufacturing output and new orders rose in April as customers sped up purchases due to inflationary pressures linked to the Iran conflict, a survey by S&P Global

French manufacturing output and orders rise in April on inflation fears, PMI shows
Business|Economy|Europe|World

German factory outlook turns negative for first time since 2024, PMI shows

German manufacturer sentiment turned negative in April for the first time since October 2024 even as overall activity grew, with firms frontloading orders to beat price rises

German factory outlook turns negative for first time since 2024, PMI shows
Business|Economy|Europe|World

Supply concerns lift orders for Spain's manufacturers in April, PMI shows

Spain's manufacturing output and new orders rose in April as clients rushed to secure stock amid disruptions due to the war in Iran, a survey by S&P Global showed on Monday.

Supply concerns lift orders for Spain's manufacturers in April, PMI shows
Business|Economy|Finance|Stock Markets|US|World

Barclays becomes latest brokerage to bet on no Fed rate cuts in 2026

Barclays on Monday joined a growing list of brokerages to bet on no policy easing from the U.S.

Barclays becomes latest brokerage to bet on no Fed rate cuts in 2026
Business|Economy|Europe|World

Italian manufacturing cost pressures at 4-year high in April, PMI shows

Cost pressures in Italy's manufacturing sector hit their highest level in almost four years in April, fuelled by the conflict in the Middle East, a survey showed on Monday.

Italian manufacturing cost pressures at 4-year high in April, PMI shows
Business|Economy|Europe|World

ECB surveys see quick return of inflation to target

Euro zone inflation will surge this year on higher energy prices but will then quickly retreat and will be around the 2% target by next year, the European Central Bank's

ECB surveys see quick return of inflation to target
Business|Economy|World

Yen jumps briefly as Japan takes on speculators

A brief jolt higher in the yen on Monday sparked speculation that Japan had again sought to defend its sinking currency, though analysts say

Yen jumps briefly as Japan takes on speculators
Business|Economy|Europe|World

Euro zone firms see new inflation surge if war lasts months, ECB poll shows

Euro zone firms see the risk of a new inflation surge akin to that seen after the COVID-19 pandemic if the war in Iran lasts months, disrupting the supply of fuel,

Euro zone firms see new inflation surge if war lasts months, ECB poll shows
Business|Economy|Europe|MidEast|World

Euro area factories snapped up raw materials in April as optimism slumped amid Middle East war - PMI

Euro area manufacturers rushed to build inventories of raw materials in April amid fears of further supply disruptions and higher costs linked to conflict in the Middle East

Euro area factories snapped up raw materials in April as optimism slumped amid Middle East war - PMI
Business|Economy|Europe|Finance|Stock Markets|World

Euro zone investor morale improves slightly in May, Sentix survey shows

The Sentix index measuring investor morale in the euro zone improved slightly in May, indicating that investors do not expect a further escalation of the Iran conflict, but

Euro zone investor morale improves slightly in May, Sentix survey shows
Economy|Environment|Europe|Political

UK's left-wing Greens seek to topple Labour's London strongholds

In the Labour stronghold of Hackney in east London, human rights lawyer Nadeshda Jayakody is one of many voters switching to the Green

UK's left-wing Greens seek to topple Labour's London strongholds
Asia|Business|Economy|Political|World

Singapore and NZ sign deal to keep supply chains open, say they are open to interest from other countries

The leaders of Singapore and New Zealand signed an agreement to keep their supply chains open during times of crisis on Monday, and said they hoped the agreement would be

Singapore and NZ sign deal to keep supply chains open, say they are open to interest from other countries
Business|Economy|Europe|Finance|World

Russia manufacturing contracts for 11th straight month in April, PMI shows

Russia's manufacturing sector contracted for the 11th month running in April as output and new orders fell again and employment posted its sharpest drop in four years, a

Russia manufacturing contracts for 11th straight month in April, PMI shows
Business|Economy|Finance|Stock Markets|World

Opening the Strait, or maybe not

A look at the day ahead in European and global markets from Wayne Cole. A new week and we're back to Strait watching.

Opening the Strait, or maybe not
Australia|Business|Economy|Environment|Science|Technology|World

Australia, Japan strengthen critical minerals ties

Australia and Japan have beefed up their cooperation around critical minerals amid a state visit by Japan's prime minister, with the countries providing A$1.67 billion ($

Australia, Japan strengthen critical minerals ties
Asia|Business|Economy|Finance|World

India's factory growth stays sluggish in April amid war-led soaring costs, PMI shows

India's manufacturing growth edged up slightly in April but remained stuck near a four-year low as weak demand and soaring input costs driven by the Middle East war

India's factory growth stays sluggish in April amid war-led soaring costs, PMI shows
Business|Economy|Entertainment|Finance|Stock Markets|Technology

GameStop makes bold $56 billion play for eBay, ready to go hostile

GameStop proposed on Sunday to buy eBay Inc for about $56 billion in a cash-and-stock deal, with CEO Ryan Cohen saying he was prepared to take

GameStop makes bold $56 billion play for eBay, ready to go hostile
Business|Economy|Europe|Technology

Kone's new TK Elevator deal comes amid climate change on European champions

Brussels' antitrust rules have already once helped derail an attempt to create the world's top lift

Kone's new TK Elevator deal comes amid climate change on European champions
Asia|Business|Economy|Political|World

An unfinished Iran war could give Xi the upper hand in Trump talks, sources say

An unfinished Iran war could give Xi the upper hand in Trump talks, sources say

An unfinished Iran war could give Xi the upper hand in Trump talks, sources say
Business|Crime|Economy|Education|Health|Lifestyle

Fewer AAPI adults report hate incidents but racism concerns linger, new poll shows

A new poll indicates fewer Asian American and Pacific Islander adults are reporting overt anti-Asian attacks than during the height of the COVID-19 pandemic

Fewer AAPI adults report hate incidents but racism concerns linger, new poll shows
Business|Economy|Finance|Stock Markets|Technology

Anthropic nears $1.5 billion AI joint venture with Wall Street firms, WSJ reports 

Anthropic is finalizing an about $1.5 billion joint venture with Blackstone, Goldman Sachs and a handful of other Wall Street firms to sell artificial-intelligence tools to private-

Anthropic nears $1.5 billion AI joint venture with Wall Street firms, WSJ reports 
Business|Economy|Entertainment|Finance|Stock Markets|Technology

GameStop makes bold $56 billion play for eBay, ready to go hostile

GameStop proposed on Sunday to buy eBay Inc for about $56 billion in a cash-and-stock deal, with CEO Ryan Cohen saying he was prepared to take

GameStop makes bold $56 billion play for eBay, ready to go hostile
Business|Economy|Health|Political|World

Trump says the US will 'guide' stranded ships from the Strait of Hormuz, starting on Monday

U.S. President Donald Trump has announced “Project Freedom” to help ships leave the Strait of Hormuz, starting on Monday

Trump says the US will 'guide' stranded ships from the Strait of Hormuz, starting on Monday
Business|Economy|World

National Australia Bank posts first-half profit miss, warns of Middle East conflict risks

National Australia Bank on Monday reported weaker first-half cash earnings, hurt by one-off and potential bad debt charges, while warning that the

National Australia Bank posts first-half profit miss, warns of Middle East conflict risks
Business|Economy|Health|Lifestyle|World

NZ's a2 Milk shares plunge on US infant formula recall as cereulide detected

New Zealand's a2 Milk on Monday said it was recalling three batches of its a2 Platinum infant milk formula sold in the U.S. after testing detected

NZ's a2 Milk shares plunge on US infant formula recall as cereulide detected
Business|Economy|Europe|Political|World

UK eyes joining EU's 90 billion euro Ukraine loan to tap defence orders

Britain is in talks to join the European Union's 90 billion euro ($105.13 billion) loan to Ukraine to qualify for Kyiv's defence orders that the loan finances, but will

UK eyes joining EU's 90 billion euro Ukraine loan to tap defence orders
Business|Economy|World

Bank of Korea deputy chief says time to consider rate hikes

The Bank of Korea's senior deputy governor said forward guidance on monetary policy would become more hawkish at the next meeting later this month, as it was time to consider

Bank of Korea deputy chief says time to consider rate hikes
Business|Economy|Technology|World

Samsung Electronics appoints new TV chief amid mounting competition

Samsung Electronics, the world's No.

Samsung Electronics appoints new TV chief amid mounting competition
Business|Economy|Science|Technology|World

China robot-hand-building unicorn Linkerbot targets $6 billion valuation

Chinese robotics startup Linkerbot, the global market leader in highly dexterous robotic hands for humanoids, will seek a $6 billion valuation in its next

China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Business|Economy|MidEast|Political|World

Trump says US will help free ships stranded in Strait of Hormuz 

President Donald Trump said on Sunday that the United States would begin an effort to free up ships stranded in the Strait of Hormuz on Monday morning.

Trump says US will help free ships stranded in Strait of Hormuz 
Economy|Political|World

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday morning to free ships stranded in the Strait of

Trump says US operation will aid ships stranded in Strait of Hormuz
Business|Economy|Travel

Spirit says most customers refunded after abrupt shutdown

Spirit Airlines said on Sunday it had almost completed refunding passengers and returning its crew to their home bases following its

Spirit says most customers refunded after abrupt shutdown
Business|Economy|Political|World

Kashkari says Iran war limits Fed's ability to provide rate guidance

By Michael S.

Kashkari says Iran war limits Fed's ability to provide rate guidance
Business|Crime|Economy|Political

US attorney doesn’t rule out continuing to investigate Federal Reserve Chair Powell

US attorney doesn’t rule out continuing to investigate Federal Reserve Chair Powell

US attorney doesn’t rule out continuing to investigate Federal Reserve Chair Powell
Business|Economy|Environment|Technology

Tech billionaire pushes to restore Dungeness crab season for Thanksgiving

Tech billionaire pushes to restore Dungeness crab season for Thanksgiving

Tech billionaire pushes to restore Dungeness crab season for Thanksgiving
Crime|Economy|Technology|World

Text scam brings 200 people to Denver County Court

Text scam brings 200 people to Denver County Court

Text scam brings 200 people to Denver County Court
Crime|Economy|Education|Entertainment|Environment|Health|Lifestyle

Families of Shreveport shooting victims say fundraiser money has not reached them

Families of Shreveport shooting victims say fundraiser money has not reached them

Families of Shreveport shooting victims say fundraiser money has not reached them
Business|Economy|Finance|Political|Travel

Inside Spirit Airlines’ failed ‘Hail Mary’ to the Trump administration

Inside Spirit Airlines’ failed ‘Hail Mary’ to the Trump administration

Inside Spirit Airlines’ failed ‘Hail Mary’ to the Trump administration
Business|Economy|Education|Finance|Health

Firefighter learns to walk again after 40-foot fall. But who's paying for his leave?

Firefighter learns to walk again after 40-foot fall. But who's paying for his leave?

Firefighter learns to walk again after 40-foot fall. But who's paying for his leave?
Business|Crime|Economy|Education|Health

Expert details program linked to 5 Minnesota autism centers raided in fraud investigation

Expert details program linked to 5 Minnesota autism centers raided in fraud investigation

Expert details program linked to 5 Minnesota autism centers raided in fraud investigation
Business|Economy|Environment|Technology

Sales of used electric vehicles on the rise in Minnesota amid gas price hikes

Sales of used electric vehicles on the rise in Minnesota amid gas price hikes

Sales of used electric vehicles on the rise in Minnesota amid gas price hikes
Business|Economy|Environment|Finance

Rising gas prices force Twin Cities Lyft, Uber drivers to reconsider gig work

Rising gas prices force Twin Cities Lyft, Uber drivers to reconsider gig work

Rising gas prices force Twin Cities Lyft, Uber drivers to reconsider gig work
Business|Crime|Economy|Political|World

US Attorney Pirro says Fed IG's findings will dictate future of her Powell probe

By Michael S.

US Attorney Pirro says Fed IG's findings will dictate future of her Powell probe
Business|Economy|Environment|World

OPEC+ countries agree modest rise in production as Iran retains chokehold on key Strait of Hormuz

Seven countries in the OPEC+ grouping of oil-producing countries — including Saudi Arabia and Russia — say they’ve decided to a modest increase in production starting in June as part of a commitment to “market stability.”

OPEC+ countries agree modest rise in production as Iran retains chokehold on key Strait of Hormuz
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

ECB policymaker says euro zone recession concerns 'real and justified'

Concerns that the euro zone could slip into recession if the conflict in the Middle East continued are "real and justified" and talks to end the Iran war will be key for the

ECB policymaker says euro zone recession concerns 'real and justified'
Business|Economy|Finance|US|World

Stress in private credit could spark 'psychological contagion,' Fed's Barr tells Bloomberg News

U.S. Federal Reserve Governor Michael Barr said stress in private credit could spark "psychological contagion" leading to a broader credit crunch, Bloomberg News reported on Sunday.

Stress in private credit could spark 'psychological contagion,' Fed's Barr tells Bloomberg News
Business|Economy|Finance|Stock Markets|World

Asia finance leaders say they are ready to act to stem volatility risks

Finance leaders of China, Japan, South Korea and the ASEAN group of 10 Southeast Asian states said on Sunday they would pay attention to risks stemming from excessive volatility in

Asia finance leaders say they are ready to act to stem volatility risks
Business|Economy|Election|Environment|Political|Technology

Backed by tech money, a moderate Democrat from Silicon Valley mounts a bid for California governor

Backed by tech money, a moderate Democrat from Silicon Valley mounts a bid for California governor

Backed by tech money, a moderate Democrat from Silicon Valley mounts a bid for California governor
Business|Economy|Travel

Here’s what to know about Spirit Airlines shutting down — and what to do if you had a flight with the airline

Here’s what to know about Spirit Airlines shutting down — and what to do if you had a flight with the airline

Here’s what to know about Spirit Airlines shutting down — and what to do if you had a flight with the airline
Business|Economy|Finance|World

What a deserted mall in Moscow says about Russia’s economic woes

What a deserted mall in Moscow says about Russia’s economic woes

What a deserted mall in Moscow says about Russia’s economic woes
Business|Economy|Environment|Technology|World

ADB launches $70 billion plan for energy, digital infrastructure in Asia-Pacific

The Asian Development Bank on Sunday announced a $70 billion programme to expand energy and digital infrastructure across the Asia-Pacific region by 2035, aiming to strengthen

ADB launches $70 billion plan for energy, digital infrastructure in Asia-Pacific
Asia|Business|Economy|World

Asian Development Bank offers help to Pacific countries hit by Iran war

The Asian Development Bank said on Sunday it was ready to deliver urgent help to the countries in the Pacific region, which has been rattled by the war in the

Asian Development Bank offers help to Pacific countries hit by Iran war
Economy|Environment|Europe|Political|World

Ukraine hits key Russian oil-loading port and 3 'shadow fleet' tankers

Ukraine has launched a wave of strikes against Russia’s oil export infrastructure, hitting a key loading port on the Baltic Sea and three tankers that Ukraine alleges were illegally used to transport Russian crude

Ukraine hits key Russian oil-loading port and 3 'shadow fleet' tankers
Business|Economy|Health

Landlords want to be paid for pandemic losses and hope to reach a deal with the Trump administration

A group of landlords are hoping to settle with the federal government over what they say are billions of dollars in losses due to the federal eviction moratorium in place for nearly a year during the pandemic

Landlords want to be paid for pandemic losses and hope to reach a deal with the Trump administration
Business|Economy|World

OPEC+ agrees third oil output quota hike since Hormuz closure

OPEC+ agreed on Sunday a modest oil output hike for June, an increase that will remain largely on paper as long as the Iran

OPEC+ agrees third oil output quota hike since Hormuz closure
Business|Economy|Entertainment|Finance|Lifestyle

Berkshire shareholders like Greg Abel, but following Warren Buffett is tough

Greg Abel earns wide praise from shareholders for his leadership and management abilities at Berkshire Hathaway, but the aura created by his

Berkshire shareholders like Greg Abel, but following Warren Buffett is tough
Business|Economy|Election|Finance|Political|Stock Markets|US|World

How redistricting and the Supreme Court have cut voters out of US House races

The number of competitive U.S. House of Representatives districts in this fall’s midterm elections was already near historic lows before the U.S.

How redistricting and the Supreme Court have cut voters out of US House races
Asia|Business|Economy|Political|World

China, Philippines trade accusations over South China Sea

China accused the Philippines of landing personnel on a disputed reef in the South China Sea on Sunday as Manila said it would dispatch ships to drive off Chinese vessels it

China, Philippines trade accusations over South China Sea
Arts|Business|Economy|Entertainment|Travel

Shakira thrills a crowd of 2 million with free concert on Brazil's Copacabana beach

Shakira has performed a free concert on Copacabana Beach in Rio de Janeiro

Shakira thrills a crowd of 2 million with free concert on Brazil's Copacabana beach
Economy|Health|World

Cubans struggle to survive on pocket-size government ration books as products dwindle

Cuba's pocket-size government ration book has been circulating for more than six decades

Cubans struggle to survive on pocket-size government ration books as products dwindle
Economy|Europe|World

Spain should get new seat on ECB board, outgoing VP says

Spain should retain a seat on the European Central Bank's Executive Board and even the presidency was a possibility, outgoing ECB Vice President Luis de Guindos said in a

Spain should get new seat on ECB board, outgoing VP says
Business|Economy|Finance|Stock Markets|Travel

Travel plans upended as Spirit Airlines shuts down, leaving passengers scrambling for other options

Travel plans upended as Spirit Airlines shuts down, leaving passengers scrambling for other options

Travel plans upended as Spirit Airlines shuts down, leaving passengers scrambling for other options
Asia|Business|Economy|Environment|Food|Travel|World

Inside the complex, secretive business of buying ube, the internet’s new favorite food

Inside the complex, secretive business of buying ube, the internet’s new favorite food

Inside the complex, secretive business of buying ube, the internet’s new favorite food
Economy|Environment|Political|World

President Trump says he is reviewing a new Iranian proposal to end the war

President Donald Trump says he is reviewing a new Iranian proposal to end the war but expressed skepticism it would be acceptable

President Trump says he is reviewing a new Iranian proposal to end the war
Business|Economy|Entertainment|Finance|Sports

Padres announce agreement to sell team to investor group led by Kwanza Jones and José E. Feliciano

The San Diego Padres have reached an agreement to sell control of the team to an investor group led by Kwanza Jones and José E

Padres announce agreement to sell team to investor group led by Kwanza Jones and José E. Feliciano
Business|Economy|Finance|Stock Markets|US

Berkshire shareholders reject report on workforce oversight, approve say-on-pay

Berkshire Hathaway shareholders on Saturday overwhelmingly rejected a proposal

Berkshire shareholders reject report on workforce oversight, approve say-on-pay
Business|Economy|Finance|Stock Markets|US

Berkshire CEO Greg Abel says insurance becoming increasingly competitive

Berkshire Hathaway reported improved first-quarter performance from the conglomerate's insurance businesses, but CEO

Berkshire CEO Greg Abel says insurance becoming increasingly competitive
Business|Economy|Political|Travel|World

Taiwan's president lands in Eswatini in a trip delayed by lack of overflight clearance

Taiwan’s President Lai Ching-te says he has arrived in Eswatini, Taiwan’s only diplomatic ally in Africa, despite flight challenges reportedly due to Chinese pressure

Taiwan's president lands in Eswatini in a trip delayed by lack of overflight clearance
Business|Economy|Finance|World

Recent inflation data was 'bad news,' Fed's Goolsbee says 

Inflation data last week was "bad news" for the U.S.

Recent inflation data was 'bad news,' Fed's Goolsbee says 
Business|Economy|Finance

CEO Greg Abel moves to assure Berkshire shareholders in a post-Buffett world, with record cash

Greg Abel moved to assure Berkshire Hathaway shareholders that he will invest wisely and manage the

CEO Greg Abel moves to assure Berkshire shareholders in a post-Buffett world, with record cash
Business|Economy|Environment|Travel

Americans on a budget mourn loss of low-cost Spirit Airlines

U.S. travelers lamented news of the shutdown of Spirit Airlines on Saturday, saying that the closure of the ultra-low-cost carrier eliminates one of the

Americans on a budget mourn loss of low-cost Spirit Airlines
Business|Economy|Finance|Stock Markets|US

Crowd shrinks as Berkshire Hathaway's new CEO leads the annual meeting for the first time Saturday

Berkshire Hathaway’s new CEO Greg Abel opened the first annual meeting without Warren Buffett on stage Saturday

Crowd shrinks as Berkshire Hathaway's new CEO leads the annual meeting for the first time Saturday
Business|Economy|Travel|World

Spirit Airlines shuts down as company says it can't keep up with higher oil prices

Spirit Airlines has announced it is going out of business after 34 years

Spirit Airlines shuts down as company says it can't keep up with higher oil prices
Business|Economy|Travel|World

After Spirit collapse, Duffy says no need for US budget airline bailout

U.S.

After Spirit collapse, Duffy says no need for US budget airline bailout
Business|Economy|Environment|Travel

Spirit Airlines canceled all flights and is going out of business

Spirit Airlines canceled all flights and is going out of business

Spirit Airlines canceled all flights and is going out of business
Business|Economy|Finance|Travel|World

Airlines scramble to help stranded Spirit passengers after budget carrier collapses

Major airlines and the U.S. government scrambled to help stranded passengers and employees after bankrupt discount carrier Spirit Airlines

Airlines scramble to help stranded Spirit passengers after budget carrier collapses
Business|Economy|Environment

Berkshire CEO Abel says 'we're back to first base' in wildfire litigation

Berkshire Hathaway CEO Greg Abel on Saturday welcomed a recent court

Berkshire CEO Abel says 'we're back to first base' in wildfire litigation
Economy|Europe|Political|World

Top Republicans express concern over Trump plan to withdraw troops from Germany

Two top Republican lawmakers expressed concern on Saturday about the Pentagon's decision to withdraw 5,000 troops from NATO ally Germany.

Top Republicans express concern over Trump plan to withdraw troops from Germany
Business|Economy|Lifestyle|Travel

Spirit Airlines shutdown: What to do to get home and get refunds

The collapse of the U.S.-based Spirit Airlines may mark the end of an era for travelers with a certain financial sensibility

Spirit Airlines shutdown: What to do to get home and get refunds
Business|Economy|Entertainment|Travel|World

Spirit Airlines built a model the industry copied. Then it collapsed

Spirit Airlines has ended its 34-year run, closing the chapter on a discount carrier that reshaped U.S. air travel

Spirit Airlines built a model the industry copied. Then it collapsed
Economy|Education|Election|Finance|Political|US|World

Gone are the days when California had a Republican governor – or are they?

Gone are the days when California had a Republican governor – or are they?

Gone are the days when California had a Republican governor – or are they?
Economy|Education|Political|US|World

Black Americans face a new fight for racial representation after justices' Voting Rights Act ruling

A generation of Black Americans across the South fought in courtrooms and in the streets during the Civil Rights Movement to dismantle barriers to voting

Black Americans face a new fight for racial representation after justices' Voting Rights Act ruling
Business|Economy|Finance|Stock Markets|World

Here’s how Berkshire Hathaway did in its first quarter without Warren Buffett as CEO

Here’s how Berkshire Hathaway did in its first quarter without Warren Buffett as CEO

Here’s how Berkshire Hathaway did in its first quarter without Warren Buffett as CEO
Business|Economy|Environment|Finance|World

OPEC+ set for another oil output quota hike despite Hormuz closure, sources say

OPEC+ has agreed in principle to raise oil output targets in June, two sources familiar with the group's thinking said on Saturday, but

OPEC+ set for another oil output quota hike despite Hormuz closure, sources say
Business|Economy|Finance|Stock Markets|US

Berkshire Hathaway profit rises despite consumer stress, cash sets record

Berkshire Hathaway on Saturday reported a higher first-quarter operating profit even as economic uncertainty weighed on several of its consumer-

Berkshire Hathaway profit rises despite consumer stress, cash sets record
Business|Economy|Environment|Finance|Political|US|World

Iran standoff could leave Trump worse off than before he went to war

(This May 2 story has been repeated with no changes to the text.)

Iran standoff could leave Trump worse off than before he went to war
Crime|Economy|Europe|Political|World

Fighting reaches outskirts of Kostiantynivka, a Ukrainian stronghold

Russian troops are inching toward the city of Kostiantynivka in Ukraine's eastern Donetsk region, trying to establish a foothold close to a heavily defended area, Ukraine's top

Fighting reaches outskirts of Kostiantynivka, a Ukrainian stronghold
Business|Economy|World

China's Commerce Ministry blocks US sanctions against five refineries

China’s Ministry of Commerce said on Saturday it had issued an injunction to block U.S. sanctions imposed on five Chinese refiners accused of buying Iranian oil, according

China's Commerce Ministry blocks US sanctions against five refineries
Business|Economy|Finance|Stock Markets|US

Spirit Airlines shuts down, industry's first Iran war casualty

Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first

Spirit Airlines shuts down, industry's first Iran war casualty
Business|Economy|Finance|World

Trump likes the idea of the government owning some US companies but took a pass on Spirit Airlines

President Donald Trump has taken a shine to the government taking stakes in the private sector

Trump likes the idea of the government owning some US companies but took a pass on Spirit Airlines
Business|Economy|Health

The long shadow of the COVID-19 pandemic creeps into the race for Ohio governor

Democrat Amy Acton is running unopposed in her party’s primary for Ohio governor, but she'll face some steep challenges in the November general election

The long shadow of the COVID-19 pandemic creeps into the race for Ohio governor
Business|Economy|Finance|Stock Markets|Travel|US

What Spirit Airlines ticket holders need to know

What Spirit Airlines ticket holders need to know

What Spirit Airlines ticket holders need to know
Business|Economy|Environment|World

Expensive tortillas, fewer buses: How war in Iran is squeezing Latin America

Expensive tortillas, fewer buses: How war in Iran is squeezing Latin America

Expensive tortillas, fewer buses: How war in Iran is squeezing Latin America
Business|Crime|Economy|Environment|Europe|Finance|Political|World

Drone kills 2 in Kherson minibus strike, as Russia claims front-line progress

Two people have been killed after a Russian drone attacked a minibus in Kherson, Ukraine, according to local officials

Drone kills 2 in Kherson minibus strike, as Russia claims front-line progress
Asia|Business|Economy|World

Japan, Vietnam seek deeper energy, minerals ties amid geopolitical risks

(This May 2 story has been repeated with no changes to the text.)

Japan, Vietnam seek deeper energy, minerals ties amid geopolitical risks
Business|Economy|Travel|World

China's railway hit new single-day passenger record on May Day

China's railway network transported 24.8 million passengers on May 1, setting a new single-day record, according to data from the China State Railway Group.

China's railway hit new single-day passenger record on May Day
Business|Economy|Europe|Political|World

Trump auto tariff hike could cost Germany nearly $18 billion in output, institute says

The tariff hike on cars and trucks from the European Union announced by U.S.

Trump auto tariff hike could cost Germany nearly $18 billion in output, institute says
Business|Economy|Finance|Political|Stock Markets|Travel|US|World

Spirit to halt all flights as of early Saturday

Spirit to halt all flights as of early Saturday

Spirit to halt all flights as of early Saturday
Business|Economy|Environment|Technology|World

What oil crisis? China’s EVs are ready to dominate the 21st century

What oil crisis? China’s EVs are ready to dominate the 21st century

What oil crisis? China’s EVs are ready to dominate the 21st century
Business|Economy|Europe|Food

Inside Italy’s secret ‘Cheese Bank,’ where Parmigiano Reggiano becomes financial gold

Inside Italy’s secret ‘Cheese Bank,’ where Parmigiano Reggiano becomes financial gold

Inside Italy’s secret ‘Cheese Bank,’ where Parmigiano Reggiano becomes financial gold
Business|Economy|Environment|World

Ukraine is hitting oil facilities deep inside Russia. Soaring fuel prices could blunt the impact

Ukrainian drones are flying deep into Russia to strike oil facilities

Ukraine is hitting oil facilities deep inside Russia. Soaring fuel prices could blunt the impact
Business|Economy|Environment|Technology

In the PR battle for AI data centers, tech giants got a blue-collar ally

Building trades unions have long been considered a voice of the American worker

In the PR battle for AI data centers, tech giants got a blue-collar ally
Asia|Business|Economy|Europe|Finance|Travel|World

Fuel crisis uncertainty looms as Croatia gears up for the summer tourism season

Summer is a few months away, but the streets of Croatia’s old town of Dubrovnik are already teeming with tourists

Fuel crisis uncertainty looms as Croatia gears up for the summer tourism season
Business|Economy|Education|Political|World

Takeaways from AP report on Trump administration's defiance of lower court orders

Federal judges around the country have raised alarms in recent months about the Trump administration’s failure to follow their orders in individual immigration cases

Takeaways from AP report on Trump administration's defiance of lower court orders
Africa|Business|Economy|Environment|Technology|World

Africa’s cellphone towers turn to solar as diesel costs surge

Cellphone tower operators across Africa are increasingly turning to solar power to reduce reliance on costly diesel fuel and expand connectivity in off-grid areas

Africa’s cellphone towers turn to solar as diesel costs surge
Economy|MidEast|Political|US|World

Trump says US Navy acting 'like pirates' to carry out naval blockade of Iranian ports

President Donald Trump said on Friday the U.S.

Trump says US Navy acting 'like pirates' to carry out naval blockade of Iranian ports
Business|Economy|Technology|World

Coinbase says deal reached on key provision of crypto bill

Coinbase said on Friday a deal has been reached on a key provision in a landmark crypto legislation that could

Coinbase says deal reached on key provision of crypto bill
Business|Economy|Travel|World

Spirit Airlines prepares to cease operations overnight, sources say

Bankrupt discount carrier Spirit Airlines is preparing to cease operations around 3 a.m. on Saturday (0700 GMT), two people close to the discussions, who declined to be named as the

Spirit Airlines prepares to cease operations overnight, sources say
Americas|Business|Economy|Political|World

Trump expands US sanctions on Cuban government and affiliates

U.S.

Trump expands US sanctions on Cuban government and affiliates
Business|Economy|Political|US|World

Trump says a Spirit bailout still is possible as doubts about the airline's survival mount

President Donald Trump says his administration is still weighing a taxpayer-funded takeover of Spirit Airlines “but only if it's a good deal” for the government

Trump says a Spirit bailout still is possible as doubts about the airline's survival mount
Crime|Economy|Political|US|World

Trump rallies seniors in Florida as Republicans face tough elections

In his first event outside the White House since an apparent assassination attempt, U.S.

Trump rallies seniors in Florida as Republicans face tough elections
Business|Economy|Political|US|World

US bypasses congressional review for military sales of $8.6 billion to Middle East allies

U.S.

US bypasses congressional review for military sales of $8.6 billion to Middle East allies
Business|Economy|World

Mexico's Sheinbaum taps new agriculture minister

Mexican President Claudia Sheinbaum has tapped agronomist Columba Jasmin Lopez to be the country's next minister of agriculture and rural development, replacing current

Mexico's Sheinbaum taps new agriculture minister
Business|Economy|Science|Technology|World

China was the birthplace of recreational drones. Now you can’t buy one in Beijing

China was the birthplace of recreational drones. Now you can’t buy one in Beijing

China was the birthplace of recreational drones. Now you can’t buy one in Beijing
Americas|Business|Economy|Finance|Political|Stock Markets|US|World

The Latest: Trump says he's 'not satisfied' with Iran's new peace plan

President Donald Trump said Friday that he’s “not satisfied” with Iran’s latest proposal in negotiations to end the war

The Latest: Trump says he's 'not satisfied' with Iran's new peace plan
Business|Economy|Finance|Political|US

ActBlue sues to block Texas attorney general's 'retribution' lawsuit

Democratic fundraising platform ActBlue sued Texas Attorney General Ken Paxton on Friday, trying to block the Republican from pursuing investigations and

ActBlue sues to block Texas attorney general's 'retribution' lawsuit
Business|Economy|Europe|MidEast|Political|World

US warns European allies including UK and Poland of arms shipment delays, FT reports

Washington has warned European allies including the UK, Poland, Lithuania and Estonia to expect long delivery delays for U.S. weapons as the war

US warns European allies including UK and Poland of arms shipment delays, FT reports
Business|Economy|Environment|Finance|Stock Markets|World

Barclays lifts 2026 Brent forecast to $100 on prolonged Hormuz disruption

Barclays on Friday raised its 2026 Brent crude forecast to $100 per barrel from $85, citing the impasse in the Strait of Hormuz.

Barclays lifts 2026 Brent forecast to $100 on prolonged Hormuz disruption
Business|Economy|Education

Brown University cuts stake in Blue Owl private credit fund by over 50%

Brown University's $8 billion endowment cut its stake in a publicly traded private credit fund run by alternative asset manager Blue Owl Capital by roughly 53%, according to a

Brown University cuts stake in Blue Owl private credit fund by over 50%
Business|Economy|Environment|Finance|Stock Markets|World

HSBC raises 2026 Brent price forecast to $95 per barrel

HSBC raised its 2026 average Brent price forecast to $95 a barrel last week, citing a longer effective closure of the Strait of Hormuz.

HSBC raises 2026 Brent price forecast to $95 per barrel
Business|Economy|Finance|Stock Markets|Technology

GameStop is preparing offer for eBay, WSJ reports

GameStop is preparing an offer for eBay as CEO Ryan Cohen pursues plans to boost the struggling videogame retailer's market value more than tenfold, the Wall Street Journal reported

GameStop is preparing offer for eBay, WSJ reports
Arts|Business|Celebrity|Economy|Fashion and Beauty|Lifestyle

The Bezos of it all: The Met Gala’s billionaire moment

The Bezos of it all: The Met Gala’s billionaire moment

The Bezos of it all: The Met Gala’s billionaire moment
Economy|Education|Sports

Colleges continue cutting tennis programs to fund other sports and athlete payments

The NCAA men’s and women’s tennis tournaments are underway and what should be a time of celebration for the sport has had a pall cast over it with more Division I schools announcing this week they would be dropping their programs because of the new financial realities of college athletics

Colleges continue cutting tennis programs to fund other sports and athlete payments
Economy|Political|US|World

Trump says Iran war 'terminated,' as war powers deadline arrives

U.S.

Trump says Iran war 'terminated,' as war powers deadline arrives
Business|Economy|Environment|Finance|World

US LNG exports to Asia surged in April as Middle East conflict curtailed supply

U.S. exports of liquefied natural gas to Asia jumped in April, with American producers helping offset reduced supplies from Middle Eastern exporters as

US LNG exports to Asia surged in April as Middle East conflict curtailed supply
Business|Economy|Environment|Health|World

Purdue Pharma dissolves in bankruptcy, names board of nonprofit successor

Purdue Pharma said on Friday that it has ceased operations and concluded its bankruptcy, re-emerging as a nonprofit focused on treating opioid addiction,

Purdue Pharma dissolves in bankruptcy, names board of nonprofit successor
Business|Economy|Environment|Political|World

Trump says he's dissatisfied with Iranian proposal as rift with allies deepens

U.S.

Trump says he's dissatisfied with Iranian proposal as rift with allies deepens
Business|Economy|Finance|Stock Markets|US

US Treasury seen holding coupon sizes steady, leaning on bills as tariff refunds loom

The U.S.

US Treasury seen holding coupon sizes steady, leaning on bills as tariff refunds loom
Americas|Business|Economy|Education|Environment|Europe|MidEast|Political|US|World

Judge protects Yemeni refugees, slams Trump administration's push to end special status

A federal judge in New York is protecting about 3,000 refugees from Yemen from being forced to leave the U.S., saying the Temporary Protected Status that was repeatedly granted to them should be extended again

Judge protects Yemeni refugees, slams Trump administration's push to end special status
Business|Economy|Finance|Stock Markets|World

Apple leads Wall Street to more records as oil prices pull back

The U.S. stock market set more records after Apple, Estee Lauder and others joined the list of companies delivering fatter profits for the start of the year than analysts expected

Apple leads Wall Street to more records as oil prices pull back
Business|Economy|Finance|Stock Markets|World

S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week

The S&P 500 and the Nasdaq advanced to record closing highs on Friday, boosted by robust earnings and a dip in crude prices, and turning

S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
Americas|Business|Economy|Political|World

Colombia-Ecuador trade collapsing as tariff war intensifies, business groups say

The flow of goods between Colombia and Ecuador is drying up, industry groups on the South American countries' border say, as high

Colombia-Ecuador trade collapsing as tariff war intensifies, business groups say
Economy|Political|US|World

US judge blocks Trump from ending protections for 2,800 Yemeni nationals

A federal judge on Friday blocked U.S.

US judge blocks Trump from ending protections for 2,800 Yemeni nationals
Business|Economy|Finance|Political|World

Saudi oil prince's iron grip faces ultimate test with UAE's shock OPEC exit

Saudi Energy Minister Prince Abdulaziz bin Salman now has an OPEC challenge to deal with on top of the largest ever disruption to

Saudi oil prince's iron grip faces ultimate test with UAE's shock OPEC exit
Economy|Political|World

Trump says he's 'not satisfied' with Iran's proposal to end the war

U.S. President Donald Trump says that he’s “not satisfied” with Iran’s latest proposal in negotiations to end war between the countries

Trump says he's 'not satisfied' with Iran's proposal to end the war
Business|Crime|Economy|Education|Entertainment|Lifestyle|US

Kentucky man charged in deadly bank robbery after high-speed chase

An 18-year-old Kentucky man who led police on a high-speed chase has been charged in a deadly bank robbery that left two people dead

Kentucky man charged in deadly bank robbery after high-speed chase
Business|Economy|Environment|World

Nations preserve a plan to adopt a global fee on shipping emissions, but keep their options open

The world’s maritime nations preserved a plan to adopt the first global carbon fee on shipping, as they agreed to keep working on it in the fall and adjourned their meeting

Nations preserve a plan to adopt a global fee on shipping emissions, but keep their options open
Business|Economy|Political|World

Trump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal

The head of the European Parliament trade committee calls President Donald Trump’s tariff hike on European Union automobiles “unacceptable.”

Trump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal
Economy|Political|Travel|World

Cuba's Raul Castro joins May Day march as tensions simmer with US

Ninety-four-year-old former leader Raul Castro joined thousands of Cubans in an International Workers' Day march on Friday that passed through the capital of

Cuba's Raul Castro joins May Day march as tensions simmer with US
Economy|World

Trump's tariffs on EU autos show US to be unreliable, says EU parliament's trade committee chair

U.S.

Trump's tariffs on EU autos show US to be unreliable, says EU parliament's trade committee chair
Business|Economy|Entertainment|Finance

Saks Global sends its bankruptcy plan to a creditor vote

Saks Global received court approval on Friday to send its bankruptcy plan to creditors for a vote, asking them to approve a restructuring that would wipe

Saks Global sends its bankruptcy plan to a creditor vote
Business|Economy|Finance|World

WTO plans 10% budget cut as US falls back into arrears, documents show

The World Trade Organization is set to cut about 10% of its spending - including hiring freezes and reductions in short‑term staff - after the U.S. fell

WTO plans 10% budget cut as US falls back into arrears, documents show
Business|Economy|Finance|Stock Markets|World

Cboe to cut staff by 20% as exchange operator sharpens focus on core business

Cboe Global Markets' CEO Craig Donohue on Friday outlined plans to sharpen the exchange operator's focus on key businesses, including a 20% reduction in its global workforce.

Cboe to cut staff by 20% as exchange operator sharpens focus on core business
Business|Economy|World

The Fed subtly signaled that only rate cuts are on the table. Some Fed officials are crying foul

The Fed subtly signaled that only rate cuts are on the table. Some Fed officials are crying foul

The Fed subtly signaled that only rate cuts are on the table. Some Fed officials are crying foul
Economy|World

Cuba's electric and petroleum workers celebrate their colleagues during massive rally

Tens of thousands of Cubans have crowded along Havana’s famed seawall to celebrate workers on their day, but few are more applauded than those who keep the socialist country powered

Cuba's electric and petroleum workers celebrate their colleagues during massive rally
Business|Crime|Economy|Environment|Science|Technology

Driverless cars in California can now get traffic tickets under new DMV rules

Driverless cars in California can now get traffic tickets under new DMV rules

Driverless cars in California can now get traffic tickets under new DMV rules
Business|Economy|Finance|Stock Markets|US|World

US manufacturing sector holds steady in April; input costs hit 4-year high

U.S. manufacturing activity held steady in April, but supplier delivery performance worsened as the war in the Middle East disrupted shipping in the

US manufacturing sector holds steady in April; input costs hit 4-year high
Business|Economy|Fashion and Beauty|Finance|Stock Markets

Estee Lauder to cut up to 3,000 more jobs as it pursues Puig deal 

Estée Lauder on Friday raised its annual profit forecast and said it would cut up to 3,000 more jobs globally as it accelerates a broader

Estee Lauder to cut up to 3,000 more jobs as it pursues Puig deal 
Business|Economy|Europe|World

Marchers demand reopening of Bosnia's last steel mill

Hundreds of workers marched through Bosnia's central city of Zenica on Friday, protesting against the closure of the country’s last steel mill which they said marked

Marchers demand reopening of Bosnia's last steel mill
Economy|Political|World

US to close its flagship Gaza mission as Trump plan stalls, sources say

A U.S. military-run body near Gaza that critics say failed in its mission to monitor the Israel-Hamas ceasefire and boost aid flows to besieged

US to close its flagship Gaza mission as Trump plan stalls, sources say
Business|Crime|Economy|World

New York archdiocese to pay $800 million to settle sex abuse cases

The Catholic Archdiocese of New York has agreed to pay $800 million in a settlement with 1,300 sex abuse survivors, one of the largest payouts in a wave

New York archdiocese to pay $800 million to settle sex abuse cases
Business|Economy|Finance|Stock Markets|Technology|US

Intel's Sambanova deal gets U.S. antitrust clearance

U.S. antitrust authorities have completed their review of Intel's investment in SambaNova, a chip startup chaired by Intel CEO Lip-Bu ​Tan, according to a regulatory

Intel's Sambanova deal gets U.S. antitrust clearance
Business|Economy|Political|World

US Treasury warns shippers not to pay Hormuz tolls, even in form of charity

Any shipper paying tolls to Iran for passage through the Strait of Hormuz, including charitable donations to organizations such as the Iranian Red

US Treasury warns shippers not to pay Hormuz tolls, even in form of charity
Business|Economy|Technology|World

Tether slows gold purchases for USDT reserves in first quarter, data shows

Tether, issuer of the world's largest stablecoin, slowed its purchases of gold for its reserves to back Tether USDT in the first quarter to about 6 metric

Tether slows gold purchases for USDT reserves in first quarter, data shows
Americas|Business|Economy|Environment|Europe|Finance|MidEast|Political|World

Gaza aid flotilla activists taken to Crete after Israeli interception

More than 100 pro-Palestinian activists aboard boats carrying aid bound for Gaza were taken to the Greek island of Crete on Friday after Israeli forces seized

Gaza aid flotilla activists taken to Crete after Israeli interception
Business|Economy|Environment|Finance|Stock Markets|World

Exxon net income falls, output hit by Iran war

Exxon Mobil beat estimates for adjusted earnings on Friday, helped by higher output in Guyana and the Permian Basin, though net income dropped to its lowest

Exxon net income falls, output hit by Iran war
Business|Economy|Finance|Stock Markets|World

Dollar set for sharp weekly loss versus yen after Japan steps in

The dollar was headed for its biggest weekly loss against the yen since February on Friday after Japan was reported to have intervened to support its

Dollar set for sharp weekly loss versus yen after Japan steps in
Business|Economy|Entertainment|Fashion and Beauty|Finance

Coty's perfume business takes another knock with David Beckham fragrance lawsuit

Beauty brand Coty is facing a lawsuit from DB Ventures, the company behind former football star David Beckham’s eponymous fragrance, for

Coty's perfume business takes another knock with David Beckham fragrance lawsuit
Asia|Business|Economy|Finance|Stock Markets|World

Global markets tread water as yen moves dominate currency trading

Global shares steadied on Friday, with U.S. tech stocks rallying anew and investors remaining focused on currency markets after the yen

Global markets tread water as yen moves dominate currency trading
Business|Economy|Environment|Finance|World

Crude futures fall on new Iran proposal for peace talks

An Iranian proposal on negotiations with the U.S. sent crude oil futures diving on Friday, but prices remained on track for weekly gains, with Tehran still blocking the

Crude futures fall on new Iran proposal for peace talks
Economy|Political|Travel|World

CNN boards first commercial flight to Venezuela in nearly seven years

CNN's David Culver took off on a commercial passenger plane from the US to Venezuela as the countries continue to restore economic ties following the ouster of Venezuela’s strongman leader in January.

CNN boards first commercial flight to Venezuela in nearly seven years
Economy|Environment|Science|Technology

STORY REMOVED: US--Climate-AI-Wildfires

Please disregard US--Climate-AI-Wildfires, published on May

STORY REMOVED: US--Climate-AI-Wildfires
Economy|Education|Opinion|Political|World

Why the 60-day War Powers Resolution deadline doesn’t actually constrain presidents

Donald Trump’s unilateral move to engage in military action against Iran isn’t unprecedented; Presidents Obama and Clinton directed U.S. military engagements without explicit congressional approval

Why the 60-day War Powers Resolution deadline doesn’t actually constrain presidents
Business|Economy|Sports|World

Exorbitantly expensive tickets for early World Cup games still on general sale

Tickets for most of the World Cup group games remain on general sale with just over a month to go until the tournament kicks off on June 11

Exorbitantly expensive tickets for early World Cup games still on general sale
Business|Economy|Finance|World

Profit for the biggest US oil companies declined in the first quarter, but only on paper

Profit for the two largest oil companies in the U.S. tumbled during the first quarter, a three-month period in which the price of crude and gasoline rocketed higher

Profit for the biggest US oil companies declined in the first quarter, but only on paper
Business|Economy|Environment|Finance|World

While Asia and Europe scramble for natural gas, the US glut has nowhere to go

The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf.

While Asia and Europe scramble for natural gas, the US glut has nowhere to go
Business|Economy|Finance|World

Fed's Logan says central bank's next rate move could be cut or hike

By Michael S.

Fed's Logan says central bank's next rate move could be cut or hike
Business|Crime|Economy|Europe|MidEast|Political|World

Israeli authorities taking 2 activists from a Gaza-bound flotilla to Israel for questioning

Israeli authorities say they are taking two activists detained in international waters and who led an aid flotilla bound for Gaza to Israel for questioning

Israeli authorities taking 2 activists from a Gaza-bound flotilla to Israel for questioning
Business|Economy|Finance|Stock Markets|World

S&P 500 profit eyes sharpest quarterly growth in four years after Big Tech results

Analysts' expectations for S&P 500 earnings improved sharply after a week dominated by megacap results, LSEG IBES data showed on Friday, even as oil prices stayed high and tensions

S&P 500 profit eyes sharpest quarterly growth in four years after Big Tech results
Business|Economy|Health|Science|Technology

Moderna first-quarter revenue jumps on strong overseas COVID vaccine sales

Moderna surpassed Wall Street estimates for first-quarter revenue on Friday, helped by better-than-expected sales of its COVID-

Moderna first-quarter revenue jumps on strong overseas COVID vaccine sales
Business|Economy|Finance|Stock Markets|World

Canadian factory PMI hits near four-year high on war-related stock building

Canada's manufacturing sector expanded in April at the fastest pace in nearly four years as the war in the Middle East spurred stock building and added to

Canadian factory PMI hits near four-year high on war-related stock building
Business|Economy|Finance|Stock Markets

Wall St opens higher after best month in years

Wall Street's main indexes opened higher on Friday, building on the impetus from their biggest monthly rise in years as confidence in strong earnings overshadowed oil risks.

Wall St opens higher after best month in years
Business|Economy|Finance|Stock Markets|US

For private credit borrowers, big maturity walls are further out

For most companies that have borrowed from U.S. private credit funds, the real moment of reckoning - when their loans mature and they need to refinance

For private credit borrowers, big maturity walls are further out
Business|Economy|Health|Science

Big Pharma M&A set for mega year as patent expiries drive deal urgency

Biotech dealmaking is on pace for a bumper year in 2026, with large drugmakers on an acquisition spree to boost their pipelines ahead of upcoming

Big Pharma M&A set for mega year as patent expiries drive deal urgency
Business|Economy|Environment|World

Occidental's Hollub, a rare female oil chief, to hand CEO reins to drilling veteran Jackson

Occidental Petroleum CEO Vicki Hollub will retire next month after over a decade as one of the only female bosses of a top U.S. oil company,

Occidental's Hollub, a rare female oil chief, to hand CEO reins to drilling veteran Jackson
Business|Economy|Entertainment|Technology

Roblox shares tumble as forecast cut signals safety measures weighing on user growth

Roblox shares on Friday plunged to their lowest levels in 18 months after the company cut its annual

Roblox shares tumble as forecast cut signals safety measures weighing on user growth
Business|Economy|Finance|Stock Markets

AIG keeps private credit in check to shield portfolio from industry jitters; shares rise

AIG has pared back its private credit activity amid current market conditions, the insurer's finance chief said on Friday, helping reassure investors and pushing its

AIG keeps private credit in check to shield portfolio from industry jitters; shares rise
Business|Crime|Economy|Entertainment|Lifestyle

Bronx thieves allegedly stole $1.2 million worth of car parts "like a race car pit crew," DA says

Bronx thieves allegedly stole $1.2 million worth of car parts "like a race car pit crew," DA says

Bronx thieves allegedly stole $1.2 million worth of car parts "like a race car pit crew," DA says
Economy|Education|Health|Political

Tens of thousands could lose Medicaid coverage as Nebraska becomes first state to implement GOP work requirement

Tens of thousands could lose Medicaid coverage as Nebraska becomes first state to implement GOP work requirement

Tens of thousands could lose Medicaid coverage as Nebraska becomes first state to implement GOP work requirement
Business|Economy|Finance|World

How US equipment ended up in the hands of Iran’s allies in Yemen as USAID was disbanded

How US equipment ended up in the hands of Iran’s allies in Yemen as USAID was disbanded

How US equipment ended up in the hands of Iran’s allies in Yemen as USAID was disbanded
Africa|Business|Economy|World

China has now dropped tariffs on imports from every African country except 1

A China policy giving Africa’s biggest economies tariff-free access to its market for the next two years has come into effect

China has now dropped tariffs on imports from every African country except 1
Business|Economy|Europe|World

EU-Mercosur trade deal takes provisional effect, boosting hopes and concerns for millions

The long-awaited trade deal between the South American bloc Mercosur and the European Union is finally on, at least provisionally

EU-Mercosur trade deal takes provisional effect, boosting hopes and concerns for millions
Business|Economy|Europe|Political|World

King Charles III wins praise for deft handling of Trump on his US state visit

President Donald Trump praised King Charles III after the monarch's state visit this week, which is being hailed in the U.K. as a diplomatic triumph

King Charles III wins praise for deft handling of Trump on his US state visit
Business|Economy|Environment|Food|Lifestyle

Georgia drought expands to 146 counties, driving up hay costs and raising food price concerns

Georgia drought expands to 146 counties, driving up hay costs and raising food price concerns

Georgia drought expands to 146 counties, driving up hay costs and raising food price concerns
Economy|Political|World

Ceasefire hangs in the balance as Iran sends peace proposal to mediators

Ceasefire hangs in the balance as Iran sends peace proposal to mediators

Ceasefire hangs in the balance as Iran sends peace proposal to mediators
Business|Economy|Finance|World

UK factories, hit by Iran war, brace for higher costs and more delivery delays

A gauge of British manufacturers' cost pressures jumped in April and delivery delays were the most widespread since mid-2022 due to the standoff in the

UK factories, hit by Iran war, brace for higher costs and more delivery delays
Business|Economy|Environment|Health

Colgate-Palmolive warns of $300 million cost hit from Middle East conflict

Colgate-Palmolive on Friday said it expects about $300 million in additional raw material and logistics expenses for the year, joining a host of global companies flagging significant

Colgate-Palmolive warns of $300 million cost hit from Middle East conflict
Business|Economy|Finance|Stock Markets|US|World

Cboe to cut staff by 20% as exchange operator sharpens focus on core business

Cboe Global Markets' CEO Craig Donohue on Friday outlined plans to sharpen the exchange operator's focus on key businesses, including a 20% reduction in its global workforce.

Cboe to cut staff by 20% as exchange operator sharpens focus on core business
Business|Economy|Environment|Political|World

Ukraine strikes Russian port of Tuapse again as environment crisis deepens

Ukrainian drones struck Russia's Black Sea port of Tuapse on Friday for the fourth time in 16 days as authorities struggled to cope with a mounting

Ukraine strikes Russian port of Tuapse again as environment crisis deepens
Business|Economy|World

HF Sinclair posts surprise quarterly profit on higher refining margins

HF Sinclair posted a surprise first-quarter adjusted profit on Friday, helped by higher refining margins, refined product sales and throughput volumes.

HF Sinclair posts surprise quarterly profit on higher refining margins
Business|Economy|Environment|Health|World

Iran crisis hampering aid to refugees as supply chain costs soar, UN warns

The cost of sending some aid to Sudan - the world's largest displacement crisis - has more than doubled since the Iran war disrupted shipping, pushing

Iran crisis hampering aid to refugees as supply chain costs soar, UN warns
Business|Economy|Finance|Stock Markets|World

Fed's Hammack says no longer appropriate to signal rate cut bias

By Michael S.

Fed's Hammack says no longer appropriate to signal rate cut bias
Business|Economy|Political|World

Fed should ditch rate-cut lean because of oil shock, policymakers say

By Howard Schneider and Michael S.

Fed should ditch rate-cut lean because of oil shock, policymakers say
Business|Economy|Finance|Stock Markets|World

Ares' record $30 billion fundraising eases private credit 'doomsday' fears

Ares Management, one of the biggest names in private credit, reported record first-quarter fundraising of about $30 billion on Friday, a sign

Ares' record $30 billion fundraising eases private credit 'doomsday' fears
Business|Economy|Environment|Science|Technology|World

BYD's sales downturn extends to eighth straight month

Chinese EV giant BYD's vehicle sales fell for an eighth straight month in April, down 15.5% from a year earlier and extending its longest-ever downturn as it struggles with

BYD's sales downturn extends to eighth straight month
Business|Economy|Health|Political|World

US criticises Zambia for lack of engagement as $1 billion health deal stalls

The United States has criticised Zambia for failing to engage on a new health aid agreement governing more than $1 billion in U.S. funding, saying repeated outreach from

US criticises Zambia for lack of engagement as $1 billion health deal stalls
Business|Economy|Finance|Stock Markets|US|World

Lazard's profit surges on asset management inflows amid market volatility

Investment bank Lazard reported a 67% jump in first-quarter profit on Friday, as resilient client demand boosted its asset management business during a period of heightened market

Lazard's profit surges on asset management inflows amid market volatility
Business|Economy|Science|Technology

AI data center boom is leaving consumer electronics short of chips − even though they don’t use the same kinds

Data centers need powerful chips, while smartphones need chips that are energy efficient. A supply chain scholar explains why chipmakers’ focus on the former comes at the expense of the latter.

AI data center boom is leaving consumer electronics short of chips − even though they don’t use the same kinds
Business|Economy|Education|Environment

England’s ‘once in a generation’ housing law takes effect as US housing legislation sits in congressional purgatory

The US and UK both face a housing crisis. But while US policy has stalled, the UK has just enacted major protections for renters.

England’s ‘once in a generation’ housing law takes effect as US housing legislation sits in congressional purgatory
Business|Economy|Education|Health|Science

Syphilis cases in expectant mothers have dramatically risen since the pandemic – here’s what’s driving the trend

First-trimester screening and intervention has the greatest potential to prevent maternal syphilis. But 1 in 4 pregnant people do not have access to prenatal care during the first trimester.

Syphilis cases in expectant mothers have dramatically risen since the pandemic – here’s what’s driving the trend
Business|Economy|Environment|Science

What’s in the price of a gallon of gas?

As US gas prices climb, politicians are looking at ways to lower them. An economist breaks down what does − and doesn’t − move the number on the sign at the gas station.

What’s in the price of a gallon of gas?
Business|Economy|Political|World

Israel and the UAE find common cause as the Iran war cracks old Middle East alliances

Israel and the UAE find common cause as the Iran war cracks old Middle East alliances

Israel and the UAE find common cause as the Iran war cracks old Middle East alliances
Business|Economy|Environment|Finance|Stock Markets|US|World

ExxonMobil and Chevron earnings fall, but bigger profits are on their way because of soaring oil prices

ExxonMobil and Chevron earnings fall, but bigger profits are on their way because of soaring oil prices

ExxonMobil and Chevron earnings fall, but bigger profits are on their way because of soaring oil prices
Business|Economy|Finance|World

Deere names insider Brent Norwood as finance chief

Tractor maker Deere on Friday named company insider Brent Norwood as its chief financial officer, following the departure of long-time finance chief Joshua Jepsen in February.

Deere names insider Brent Norwood as finance chief
Asia|Business|Economy|Europe|Technology|World

Tesla sales rebound continues in several European markets in April

Registrations of Tesla cars continued to rebound in France, Denmark and the Netherlands in April, but fast-moving Chinese rivals such as BYD kept chipping away

Tesla sales rebound continues in several European markets in April
Business|Economy|Europe|Finance|World

ECB's Makhlouf concerned energy prices may stay higher for longer

European Central Bank Governing Council member Gabriel Makhlouf said he is concerned that energy prices may stay higher for longer without a clear timeline for the end of

ECB's Makhlouf concerned energy prices may stay higher for longer
Business|Economy|Finance|Stock Markets|Technology|World

Reddit rallies as AI‑driven ad growth fuels strong revenue outlook

Reddit shares jumped over 12% on Friday after an upbeat quarterly revenue forecast underscored growing returns from the social media company's AI-driven advertising

Reddit rallies as AI‑driven ad growth fuels strong revenue outlook
Business|Economy|Finance

So much news, so little time

Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! 

So much news, so little time
Business|Economy|Finance|Stock Markets|World

US stocks rally could find fuel in earnings, jobs data amid surging oil prices

Investors will look for another batch of earnings reports and fresh employment data to drive a resilient U.S. stocks rally higher next week, in the face

US stocks rally could find fuel in earnings, jobs data amid surging oil prices
Business|Economy|Finance|Stock Markets|Technology

Apple shares rise on strong quarterly sales in run-up to CEO change

Apple shares jumped 3.6% in early trading on Friday after the iPhone maker posted its strongest quarterly sales growth in more than four years, a show of momentum as

Apple shares rise on strong quarterly sales in run-up to CEO change
Business|Economy|Finance|Stock Markets|Technology

Magna tops quarterly profit, sales estimates on auto parts demand

Magna International topped analysts' estimates for first-quarter sales and profit on Friday, helped by stronger foreign exchange and resilient demand for its auto parts.

Magna tops quarterly profit, sales estimates on auto parts demand
Business|Economy|Fashion and Beauty|Finance|Stock Markets

Estee Lauder plans to cut up to 3,000 more jobs, lifts annual profit forecast

Estee Lauder on Friday raised its annual profit forecast and laid out plans to cut up to 3,000 more jobs globally as it accelerates a broader restructuring,

Estee Lauder plans to cut up to 3,000 more jobs, lifts annual profit forecast
Business|Crime|Economy|Political|US|World

After major enforcement operations, the Trump administration recalibrates its immigration crackdown

President Donald Trump’s administration appears to be recalibrating its centerpiece policy of mass deportations after a series of major immigration enforcement operations in American cities soured the public’s mood on it

After major enforcement operations, the Trump administration recalibrates its immigration crackdown
Business|Economy|Europe|Finance|Stock Markets|World

Financial firms last month did not expect BoE to raise rates, BoE survey shows

Financial firms surveyed by the Bank of England last month did not expect the central bank to raise interest rates this year, though they no longer expected rates to be cut,

Financial firms last month did not expect BoE to raise rates, BoE survey shows
Economy|Political|World

Trump is supposed to get Congress’ approval when the Iran war hits 60 days. Lawmakers can’t agree when that is

Trump is supposed to get Congress’ approval when the Iran war hits 60 days. Lawmakers can’t agree when that is

Trump is supposed to get Congress’ approval when the Iran war hits 60 days. Lawmakers can’t agree when that is
Business|Economy|Finance|Stock Markets

Insurance broker Aon profit jumps on risk management strength

Insurance brokerage firm Aon reported higher first-quarter profit on Friday, on the back of strong demand for its risk-management solutions.

Insurance broker Aon profit jumps on risk management strength
Business|Economy|Environment|Finance|Stock Markets|US

Chevron's upstream strength lifts first-quarter earnings past estimate

Chevron exceeded Wall Street estimates for its first-quarter earnings on Friday, as elevated oil prices linked to the U.S.-Israeli war on Iran helped boost

Chevron's upstream strength lifts first-quarter earnings past estimate
Economy|Education|Health|Lifestyle

'I'm going to survive and grow': Arizona man rises from homelessness to first-time grad

'I'm going to survive and grow': Arizona man rises from homelessness to first-time grad

'I'm going to survive and grow': Arizona man rises from homelessness to first-time grad
Business|Economy|Education|Finance|Lifestyle

Bessent wants Americans to avoid easy-money traps and invest in financial literacy

Treasury Secretary Scott Bessent says he’s concerned about the allure of easy money — lottery tickets, buy now, pay later loans and the promise of a crypto windfall

Bessent wants Americans to avoid easy-money traps and invest in financial literacy
Business|Economy|Finance|Stock Markets|World

It was another wild month for markets. Here’s what it means for you

It was another wild month for markets. Here’s what it means for you

It was another wild month for markets. Here’s what it means for you
Business|Economy|Finance|Stock Markets|World

Japan may have spent $35 billion in yen-buying intervention, BOJ data shows

Japan may have spent as much as 5.48 trillion yen ($35 billion) bolstering its embattled currency, central bank data indicated on Friday,

Japan may have spent $35 billion in yen-buying intervention, BOJ data shows
Business|Economy|Political|Travel|World

Californians now paying 6 bucks a gallon for kicks on Route 66

Motorists commemorating the centennial of U.S.

Californians now paying 6 bucks a gallon for kicks on Route 66
Business|Economy|Finance|Stock Markets|US|World

Sell in May and go away? Not so fast, investors

Blindly following the old Wall Street adage "sell in May and go away" may prove costly, as investors weigh whether to call time on a powerful market

Sell in May and go away? Not so fast, investors
Business|Economy|Finance|World

Yen jumps sharply as Japan warns it is ready to intervene again

Japan's yen jumped sharply on Friday as the country's top foreign exchange diplomat said Tokyo was ready to step

Yen jumps sharply as Japan warns it is ready to intervene again
Business|Economy|Political|World

Syria relies on Russia's oil despite pivot to the West

Russia has emerged as the main supplier of oil to Syria, Reuters reporting shows, despite the new government's alignment with the West and widespread

Syria relies on Russia's oil despite pivot to the West
Business|Economy|Science|Technology

SpaceX spending on Starship tops $15 billion in rush for airline-like rocketry

SpaceX has spent more than $15 billion developing its next-generation Starship rocket, according to the company’s IPO registration reviewed

SpaceX spending on Starship tops $15 billion in rush for airline-like rocketry
Economy|Election|Finance|Political|World

Antigua and Barbuda PM Browne wins fourth term promising growth

Antigua and Barbuda Prime Minister Gaston Browne won a landslide election victory late on Thursday, securing a fourth term after a campaign

Antigua and Barbuda PM Browne wins fourth term promising growth
Business|Economy|Health

Medicare Advantage health plans may cut extra benefits in 2027

Americans enrolled in Medicare Advantage health plans should expect to see fewer extra benefits like gym memberships and vision and dental coverage next

Medicare Advantage health plans may cut extra benefits in 2027
Economy|Political|Science|Technology|World

US Navy turns to AI firm Domino for options to counter Iranian mines

The U.S.

US Navy turns to AI firm Domino for options to counter Iranian mines
Business|Economy|Political|World

US names Vietnam as top concern country in intellectual property rights report

The U.S.

US names Vietnam as top concern country in intellectual property rights report
Business|Economy|Finance|Stock Markets|World

Sell in May? Let's find out

From high oil prices and the conflict in the Middle East to Japan's yen, the latest U.S. jobs data, an Australian rate decision, and a UK local election: there's plenty for

Sell in May? Let's find out
Business|Economy|Finance|Stock Markets|World

Standard Chartered pivots to June ECB hike from no hike in 2026 outlook

Standard Chartered said it expects the European Central Bank to deliver a 25-basis-point rate hike in June, having previously

Standard Chartered pivots to June ECB hike from no hike in 2026 outlook
Business|Economy|Finance|World

Japan signs first $2.2 billion loan under $550 billion US investment pledge

Japan has signed a $2.2 billion loan agreement for the first batch of projects under its $550 billion U.S. investment pledge, kicking off financing tied to a trade deal that

Japan signs first $2.2 billion loan under $550 billion US investment pledge
Asia|Business|Economy|World

Japan's big trading houses expect record profits but utilities forecast pain as Iran war weighs

Some big Japanese trading houses forecast on Friday record annual profits as the U.S.-Israeli war on Iran keeps commodity prices high,

Japan's big trading houses expect record profits but utilities forecast pain as Iran war weighs
Economy|Europe|Finance|Stock Markets|World

ECB policymakers make case for rate hike as inflation may linger

The European Central Bank may need to tighten policy, perhaps as soon as June, policymakers said on Friday, warning that the inflation outlook is

ECB policymakers make case for rate hike as inflation may linger
Business|Economy|Finance|Stock Markets|World

Japanese yen jumps against dollar hours after intervention

The yen suddenly jumped against the dollar on Friday, a day after Tokyo authorities were widely believed to have intervened to prop up the Japanese currency.

Japanese yen jumps against dollar hours after intervention
Arts|Business|Economy|Food|Travel|World

Dubai chefs shrink menus as Iran war makes tomatillos, scallops harder to source

Dubai chef Shaw Lash at Mexican restaurant Lila Molino flies in her avocados and tomatillos, small, tart green fruits native to Central America that are a staple of Mexican

Dubai chefs shrink menus as Iran war makes tomatillos, scallops harder to source
Business|Economy|Europe

UK house prices rise in April despite Iran war headwinds, Nationwide says

British house prices unexpectedly rose for a fourth month in a row in April, despite headwinds to consumer confidence from conflict in the Middle East,

UK house prices rise in April despite Iran war headwinds, Nationwide says
Business|Economy|Finance|World

What would Japanese intervention to boost a weak yen look like?

Japan intervened to support the yen against the U.S. dollar on Thursday, sources familiar with the matter told Reuters, in their latest

What would Japanese intervention to boost a weak yen look like?
Business|Economy|Finance|Stock Markets|World

Never mind the oil, feel the earnings!

A look at the day ahead in European and global markets from Wayne Cole.

Never mind the oil, feel the earnings!
Business|Economy|Finance|Technology|World

Toyota to post fourth straight quarterly profit drop as Middle East risks, costs mount

Toyota is expected to report a fourth successive year-on-year decline in quarterly operating profit next week, as rising material and labour costs and the

Toyota to post fourth straight quarterly profit drop as Middle East risks, costs mount
Arts|Business|Economy|Entertainment

More states join legal challenge to Nexstar, Tegna merger

Five more U.S. states are joining an antitrust lawsuit challenging Nexstar's acquisition of rival broadcaster Tegna after a ‌judge

More states join legal challenge to Nexstar, Tegna merger
Business|Economy|Education|Environment|Lifestyle

Habitat for Humanity is developing a new Atlanta community with help from the Carters' initiative

Two years after his death, President Jimmy Carter is still inspiring Habitat for Humanity's efforts to build more affordable housing in the U.S. Over five days in May, nearly 1,000 volunteers with the international nonprofit will finish building 24 new housing units in Atlanta

Habitat for Humanity is developing a new Atlanta community with help from the Carters' initiative
Business|Economy|Finance|Political|Stock Markets|US

Federal monitor flags 'dysfunction' in UAW's management of investments

A federally appointed monitor overseeing the United Auto Workers found “multiple points of breakdown” in a delayed investment of union funds that

Federal monitor flags 'dysfunction' in UAW's management of investments
Business|Economy|Technology|World

SEC clears Nasdaq proposal for prediction market options tied to benchmark index

The U.S.

SEC clears Nasdaq proposal for prediction market options tied to benchmark index
Business|Economy|Political|Technology|World

Ukraine sees path to getting Japanese arms after Tokyo eases export rules

Japan's relaxation of its weapons-export rules opens a path for talks that could one day lead to Tokyo supplying military equipment to help

Ukraine sees path to getting Japanese arms after Tokyo eases export rules
Americas|Business|Economy|Finance|Political|World

Brazil's government to announce new measures on household indebtedness next week

Brazil's government will announce on Monday new measures to tackle household indebtedness, President Luiz Inacio Lula da Silva said on Thursday, signaling that the

Brazil's government to announce new measures on household indebtedness next week
Asia|Business|Economy|Finance|Stock Markets|World

Japan's factory activity growth hits 4-year high on stockpiling, PMI shows

Japan's manufacturing activity grew at its strongest pace in over four years in April, as companies ramped up production and stockpiled goods amid supply chain disruptions

Japan's factory activity growth hits 4-year high on stockpiling, PMI shows
Business|Economy|Technology

Huawei expects AI chip revenue to jump at least 60% this year, FT reports

Huawei expects revenue from its AI chips to jump at least 60% this year, boosted by strong demand for domestic offerings from Chinese companies, the Financial Times reported on

Huawei expects AI chip revenue to jump at least 60% this year, FT reports
Business|Economy|Technology|World

South Korean April exports rise 48.0% y/y as chip boom extends

South Korean exports rose for an 11th month in April, beating forecasts, as the global appetite for artificial intelligence infrastructure

South Korean April exports rise 48.0% y/y as chip boom extends
Business|Economy|Technology

Apple’s new CEO will inherit strong sales and even greater expectations

Apple’s new CEO will inherit strong sales and even greater expectations

Apple’s new CEO will inherit strong sales and even greater expectations
Business|Economy|Political|Technology|World

US Congress passes 45-day surveillance law extension

Congress on Thursday passed a 45-day extension of the Foreign Intelligence Surveillance Act, prolonging a debate about a section of the spy law that critics say

US Congress passes 45-day surveillance law extension
Business|Economy|Finance|Stock Markets|World

S&P Dow Jones Indices considers new index rules as mega IPOs loom

S&P Dow Jones Indices said on Thursday it has kicked off a consultation that could result in major changes to rules governing the entry of companies into its indexes such as the S

S&P Dow Jones Indices considers new index rules as mega IPOs loom
Americas|Business|Economy|Political|World

Argentina's Casa Rosada invites journalists back starting Monday

Argentina's Casa Rosada, where government press conferences are held, will allow accredited journalists back on Monday after blocking access last week, a

Argentina's Casa Rosada invites journalists back starting Monday
Business|Economy|Environment|Political|World

Iran threatens painful response if US renews attacks

Iran said on Thursday it would respond with "long and painful strikes" on U.S. positions if Washington renewed attacks and

Iran threatens painful response if US renews attacks
Business|Economy|Environment|Political|World

US FEMA reinstates employees it placed on leave after letter of dissent

The U.S.

US FEMA reinstates employees it placed on leave after letter of dissent
Economy|Education|Finance|Technology|World

US Treasury trots out Marvel comics, 'Trump accounts' in financial literacy drive for kids

The topic of financial literacy may not excite most middle-school students, but the U.S.

US Treasury trots out Marvel comics, 'Trump accounts' in financial literacy drive for kids
Asia|Business|Economy|Finance|World

Core inflation in Tokyo slows, seen accelerating on energy shock

Annual core inflation in April hit a four-year low and stayed below the central bank's 2% target for a third straight month, as fuel and education subsidies

Core inflation in Tokyo slows, seen accelerating on energy shock
Business|Economy|Finance|World

RBA to raise cash rate to 4.35% on May 5 and growing minority of economists expect further rise: Reuters poll

The Reserve Bank of Australia will raise its cash rate by 25 basis points for a third straight meeting on May 5, taking it to 4.35%, according to a

RBA to raise cash rate to 4.35% on May 5 and growing minority of economists expect further rise: Reuters poll
Australia|Business|Economy|Travel|World

Australia's Qantas extends schedule changes, cuts local capacity through September

Australia's Qantas Airways extended its schedule adjustments across its international and domestic networks through September on Friday, citing Middle East tensions, elevated fuel

Australia's Qantas extends schedule changes, cuts local capacity through September
Business|Economy|Europe|World

Irish manufacturers see steepest rise in costs since 2022

Irish manufacturing activity grew at the fastest pace in four years in April, but firms also faced their sharpest rise in input costs since September 2022 on the back of the

Irish manufacturers see steepest rise in costs since 2022
Business|Economy|Technology|World

Shut out from the US, the world’s largest EV maker still thinks it can stay on top

Shut out from the US, the world’s largest EV maker still thinks it can stay on top

Shut out from the US, the world’s largest EV maker still thinks it can stay on top
Business|Economy|Entertainment|Sports|World

Investment group comes forward to buy the Vancouver Whitecaps and move team to Las Vegas

An investment group has come forward to buy the Vancouver Whitecaps and relocate the Major League Soccer club to Las Vegas

Investment group comes forward to buy the Vancouver Whitecaps and move team to Las Vegas
Economy|Political|Travel|World

‘A big opportunity for the country’: First commercial flight from US lands in Venezuela after nearly 7 years

‘A big opportunity for the country’: First commercial flight from US lands in Venezuela after nearly 7 years

‘A big opportunity for the country’: First commercial flight from US lands in Venezuela after nearly 7 years
Economy|Election|Political|US|World

Louisiana delays US House primary to draw new map after Supreme Court ruling

Republican Louisiana Governor Jeff Landry on Thursday suspended the state's May 16 congressional primary election just two days before early voting was set to begin,

Louisiana delays US House primary to draw new map after Supreme Court ruling
Business|Economy|Environment|Finance|Health|Stock Markets

Clorox cuts annual profit forecast as demand softens

Clorox

Clorox cuts annual profit forecast as demand softens
Business|Economy|Finance|Technology|World

Trading Day: AI glow brightens, Japan intervenes

U.S. stocks surged on Thursday to close a remarkable month on a high as strong tech earnings and investment figures suggested that the AI boom

Trading Day: AI glow brightens, Japan intervenes
Business|Economy|Finance|Stock Markets|Technology

Twilio raises annual revenue growth forecast on AI-driven demand, shares jump

Twilio raised its full-year forecast on Thursday and posted stronger-than-expected first-quarter results, signaling sustained demand for its cloud communications tools as

Twilio raises annual revenue growth forecast on AI-driven demand, shares jump
Business|Economy|Finance|Stock Markets|Technology

Apple shares rise as iPhone 17 and MacBook Neo drive forecast

Apple on Thursday touted blowout demand for its flagship iPhone 17 and the MacBook Neo that helped power a solid sales forecast and

Apple shares rise as iPhone 17 and MacBook Neo drive forecast
Business|Economy|Health|Science|Technology

Stryker misses quarterly estimates on muted demand for medical devices

U.S. medical device maker Stryker on Thursday maintained its full-year profit outlook but missed Wall Street estimates for first-quarter profit and revenue, weighed down by softer

Stryker misses quarterly estimates on muted demand for medical devices
Business|Economy|Finance|Stock Markets|US|World

Gallagher's profit jumps on AssuredPartners buy, commissions and fees growth

Arthur J.

Gallagher's profit jumps on AssuredPartners buy, commissions and fees growth
Business|Economy|Technology

Sandisk joins Western Digital, Seagate in signaling strong AI storage demand

Sandisk forecast quarterly revenue above estimates on Thursday, joining peers Western Digital and Seagate in signaling that enterprise spending on data storage

Sandisk joins Western Digital, Seagate in signaling strong AI storage demand
Business|Economy|Political|World

Trump lifts tariffs on UK whisky to toast departing King Charles

U.S.

Trump lifts tariffs on UK whisky to toast departing King Charles
Arts|Business|Economy|Sports|World

LIV Golf isn't the only sports property being reconsidered in Saudi reboot of investment strategy

The billionaires in Saudi Arabia are pulling the plug on LIV Golf

LIV Golf isn't the only sports property being reconsidered in Saudi reboot of investment strategy
Business|Economy|Political|World

FEMA workers who sounded alarm over nation's disaster preparedness reinstated after 8 months

Fourteen FEMA employees who signed a public letter criticizing the nation's disaster preparedness have been reinstated after eight months on paid leave

FEMA workers who sounded alarm over nation's disaster preparedness reinstated after 8 months
Business|Economy|Environment|Finance|US

Gas prices in Massachusetts rise another 20 cents in past week

Gas prices in Massachusetts rise another 20 cents in past week

Gas prices in Massachusetts rise another 20 cents in past week
Business|Economy|Entertainment|Lifestyle

Baltimore-area businesses, neighbors concerned about Key Bridge rebuild timeline

Baltimore-area businesses, neighbors concerned about Key Bridge rebuild timeline

Baltimore-area businesses, neighbors concerned about Key Bridge rebuild timeline
Business|Economy|Finance|Stock Markets|Technology|US

Apple beats out earnings estimates with continued iPhone momentum

Apple has posted strong quarterly earnings, beating out Wall Street expectations

Apple beats out earnings estimates with continued iPhone momentum
Business|Economy|Environment|Political|World

Trump gives go-ahead to major new Canada-US oil pipeline

President Donald Trump has granted a key approval to a major new pipeline that would move oil from Canada into the central U.S. The three-foot-wide Bridger Pipeline Expansion would carry up to 550,000 barrels of oil a day from the Canadian border with Montana down through eastern Montana and Wyoming, where it would link up with another pipeline

Trump gives go-ahead to major new Canada-US oil pipeline
Business|Economy|Finance|Political

Trump signs executive order expanding workers’ access to retirement plans

Trump signs executive order expanding workers’ access to retirement plans

Trump signs executive order expanding workers’ access to retirement plans
Business|Economy|Health|Technology

UPS CEO says drug delivery strategy a good antidote to economic uncertainty

United Parcel Service's efforts to grow its share of the lucrative

UPS CEO says drug delivery strategy a good antidote to economic uncertainty
Business|Economy|Finance|Stock Markets|World

High oil prices due to the Iran war weigh on everything from the gas pump to consumer goods

As the Iran war enters its third month, consumers are paying for its disruption of worldwide energy production

High oil prices due to the Iran war weigh on everything from the gas pump to consumer goods
Business|Economy|Environment|Political|World

Trump signs order authorizing oil pipeline project partially reviving Keystone XL

U.S.

Trump signs order authorizing oil pipeline project partially reviving Keystone XL
Economy|Finance|Political|Stock Markets|US|World

US Senate bans its members, staff from betting in prediction markets

The U.S.

US Senate bans its members, staff from betting in prediction markets
Arts|Business|Economy|Entertainment|Finance|Stock Markets|Technology

Roku raises annual platform revenue forecast, shares climb

April 30 - Roku raised its annual platform revenue forecast on Thursday, signaling confidence that advertisers will continue to spend on its streaming platform, sending its shares up 10% in extended

Roku raises annual platform revenue forecast, shares climb
Business|Economy|Finance|Stock Markets|US|World

Insurer AIG's quarterly profit surges on steep fall in catastrophe losses

Insurer AIG posted a sharp rise in quarterly adjusted profit on Thursday, driven by strong underwriting and a steep decline in catastrophe-related losses from a year earlier when

Insurer AIG's quarterly profit surges on steep fall in catastrophe losses
Business|Economy|Finance|World

Mexico holds growth forecast despite recent slowdown, lifts inflation view

Mexico's finance ministry on Thursday kept its 2026 economic growth forecast unchanged, maintaining a relatively upbeat stance even after preliminary data showed the

Mexico holds growth forecast despite recent slowdown, lifts inflation view
Business|Economy|Political|World

Panama president says port caught in US-China dispute

Panama President Jose Raul Mulino said his country maintains a positive relationship with China despite being caught up in a dispute between the Asian

Panama president says port caught in US-China dispute
Business|Economy|Entertainment|Finance|Stock Markets|Technology

Roblox slashes annual bookings forecast as new safety features take their toll

Roblox cut its annual bookings forecast on Thursday, signaling that new safety initiatives may impact user growth and spending on its popular videogame platform

Roblox slashes annual bookings forecast as new safety features take their toll
Business|Economy|Health

Amgen sales rise 4% in first quarter, broadens weight-loss drug development

Amgen on Thursday said its first-quarter product sales rose 4%, helped by demand for cholesterol and rare disease medicines, as it moves forward with a broad

Amgen sales rise 4% in first quarter, broadens weight-loss drug development
Asia|Business|Economy|Finance|MidEast|Stock Markets|World

Bonds, stocks climb on oil's pullback; yen jumps after Japan's currency intervention

Global bond prices and stocks rose on Thursday as oil prices retreated from four-year highs, while the yen jumped after

Bonds, stocks climb on oil's pullback; yen jumps after Japan's currency intervention
Business|Economy|Finance|Political|Stock Markets|US|World

China, US economic chiefs raise complaints in 'candid' call ahead of Trump-Xi summit

The top U.S. and Chinese economic officials held "candid" talks on Thursday ahead of a meeting set for May between President

China, US economic chiefs raise complaints in 'candid' call ahead of Trump-Xi summit
Business|Economy|Finance|Stock Markets|World

Ackman blames retail traders for fund's weak Wall Street debut

Billionaire Bill Ackman on Thursday blamed retail investors for the roughly 18% drop in his newly listed closed-end fund's stock price a day earlier,

Ackman blames retail traders for fund's weak Wall Street debut
Business|Economy|Environment|Health|Political|US|World

US House passes farm bill after scrapping pesticide language opposed by MAHA

The U.S.

US House passes farm bill after scrapping pesticide language opposed by MAHA
Business|Economy|Environment|World

Woodside struggles to sell LNG volumes at Louisiana LNG plant, sources say

Australia's Woodside Energy is struggling to sell liquefied natural gas volumes from its planned Louisiana LNG export

Woodside struggles to sell LNG volumes at Louisiana LNG plant, sources say
Business|Economy|Technology

Meta CEO Zuckerberg blames layoffs on capital spending, won't rule out more job cuts

Meta Chief Executive Mark Zuckerberg attributed the Facebook parent's planned layoffs to increased capital spending for AI, and declined to rule out

Meta CEO Zuckerberg blames layoffs on capital spending, won't rule out more job cuts
Business|Economy|Environment|Technology

Rivian says US loan for Georgia plant set to be smaller but quicker

Rivian said on Thursday it will get up to a $4.5 billion loan from the U.S.

Rivian says US loan for Georgia plant set to be smaller but quicker
Business|Economy|Finance|Stock Markets|Technology

Reddit expects revenue above estimates as AI tools fuel ad growth

Reddit forecast second-quarter revenue above analysts' estimates on Thursday betting on its AI-powered tools to boost advertising on the platform and sending its

Reddit expects revenue above estimates as AI tools fuel ad growth
Business|Economy|Europe|Travel|World

Trump says he's lifting certain tariffs on Scotch whisky after royal visit

President Donald Trump says he's removing certain tariffs on Scotch whisky after this week’s White House visit by King Charles III and Queen Camilla of the United Kingdom

Trump says he's lifting certain tariffs on Scotch whisky after royal visit
Business|Economy|Finance|Science|Technology

Elon Musk spars with OpenAI attorney in trial over company's evolution from a nonprofit

Elon Musk on Thursday sparred with an attorney for OpenAI during his third day of testimony in the contentious trial over the company’s pivot from nonprofit status to a for-profit venture valued at hundreds of billions of dollars

Elon Musk spars with OpenAI attorney in trial over company's evolution from a nonprofit
Business|Economy|Political|Technology|World

Congress approves short-term extension of divisive US surveillance program hours before expiration

Congress gave approval to a short-term extension of a key U.S. surveillance program as they continue to work toward a long-term deal

Congress approves short-term extension of divisive US surveillance program hours before expiration
Economy|Education|Environment|Health|Political

Trump administration defers $91M more in Minnesota Medicaid funding citing fraud vulnerabilities

The Trump administration has deferred an additional $91 million in Medicaid funding to Minnesota, citing concerns about fraud in state-run programs

Trump administration defers $91M more in Minnesota Medicaid funding citing fraud vulnerabilities
Business|Crime|Economy|Environment

Beagle farm break-in: Activist to stand trial, dogs to be sold

Beagle farm break-in: Activist to stand trial, dogs to be sold

Beagle farm break-in: Activist to stand trial, dogs to be sold
Economy|Political|World

Takeaways from Hegseth's first hearings in Congress since the start of Iran war

Defense Secretary Pete Hegseth has appeared before Congress at a pair of hearings this week for the first time since the Trump administration started the Iran war

Takeaways from Hegseth's first hearings in Congress since the start of Iran war
Economy|Political|World

US hits Congo's former president with sanctions over support for rebels

The Trump administration has imposed sanctions on former Congolese President Joseph Kabila for his alleged role in funding and providing political support to rebel groups operating in the east of his country

US hits Congo's former president with sanctions over support for rebels
Economy|Sports|World

Gianni Infantino affirms at the FIFA Congress that Iran will participate in the World Cup

FIFA President Gianni Infantino opened his address at the FIFA Congress by affirming that Iran will participate in the World Cup and that the team will play in the United States despite the conflict between the two nations

Gianni Infantino affirms at the FIFA Congress that Iran will participate in the World Cup
Business|Economy|Science|Technology

Elon Musk’s courtroom showdown with Sam Altman started this week. The biggest takeaways so far

Elon Musk’s courtroom showdown with Sam Altman started this week. The biggest takeaways so far

Elon Musk’s courtroom showdown with Sam Altman started this week. The biggest takeaways so far
Business|Economy|Finance|Stock Markets|World

US stocks rally to the finish of their best month since 2020, even as oil prices whipsaw

The U

US stocks rally to the finish of their best month since 2020, even as oil prices whipsaw
Business|Economy|Environment|Political

Fact check: Amid spike, prominent Republicans make false claims about gas prices

Fact check: Amid spike, prominent Republicans make false claims about gas prices

Fact check: Amid spike, prominent Republicans make false claims about gas prices
Economy|Political|World

Trump gives his blessing to Iraq's new pick for prime minister and invites al-Zaidi to Washington

U.S. President Donald Trump has called Iraq’s new prime minister-designate Ali al-Zaidi and invited him to visit Washington once he forms a government

Trump gives his blessing to Iraq's new pick for prime minister and invites al-Zaidi to Washington
Business|Economy|Finance|Political|US|World

Congress votes to reopen key parts of DHS, after House GOP caves on ICE funding

CNN's Manu Raju joins Boris Sanchez and Brianna Keilar live from Capitol Hill on Congress voting to reopen key parts of the Department of Homeland Security - including the Transportation Security Administration - after weeks of GOP infighting that prolonged a record shutdown of the critical agency.

Congress votes to reopen key parts of DHS, after House GOP caves on ICE funding
Business|Economy|Environment|Science|Technology

USGS report finds hundreds of thousands of metric tons of lithium oxide in Maine, New Hampshire

USGS report finds hundreds of thousands of metric tons of lithium oxide in Maine, New Hampshire

USGS report finds hundreds of thousands of metric tons of lithium oxide in Maine, New Hampshire
Business|Economy|Election|World

Louisiana delays US House primaries after Supreme Court ruling but lets other races go forward

Louisiana delays US House primaries after Supreme Court ruling but lets other races go forward

Louisiana delays US House primaries after Supreme Court ruling but lets other races go forward
Business|Economy|Political|Travel|World

The first direct US-Venezuela commercial flight in 7 years lands in Caracas

The first direct commercial flight between the United States and Venezuela has arrived in the Venezuelan capital Caracas

The first direct US-Venezuela commercial flight in 7 years lands in Caracas
Business|Economy|Finance|Political|US|World

US consumer finance watchdog narrows Biden-era anti-discrimination rule on small business lending

The U.S.

US consumer finance watchdog narrows Biden-era anti-discrimination rule on small business lending
Economy|Environment|Health|World

Russian city faces toxic aftermath of refinery attack

Residents of the Russian port city of Tuapse were ordered not to drink tap water and schools remained closed on Thursday, as authorities grappled with the aftermath of the third

Russian city faces toxic aftermath of refinery attack
Africa|Business|Crime|Economy|Finance|Political|World

US imposes sanctions on former Congo President Joseph Kabila

The United States on Thursday imposed sanctions on former Democratic Republic of Congo President Joseph Kabila

US imposes sanctions on former Congo President Joseph Kabila
Business|Economy|Finance|Stock Markets|US|World

Wall Street ends higher, S&P 500, Nasdaq notch biggest monthly gains in years

U.S. stocks advanced on Thursday and the S&P 500 and the Nasdaq logged their biggest monthly gains in years as solid corporate earnings

Wall Street ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
Business|Economy|World

Unorthodox leadership change at the Fed: Warsh on deck while Powell remains

President Trump’s pick to lead the Federal Reserve, Kevin Warsh, has said he wants to bring “regime change” to the central bank, but if confirmed by the Senate he will find a Fed already transformed by the White House’s attacks

Unorthodox leadership change at the Fed: Warsh on deck while Powell remains
Business|Economy|Education|Health

Ohio therapists say Medicaid payment clawbacks could force closures, limit care access

Ohio therapists say Medicaid payment clawbacks could force closures, limit care access

Ohio therapists say Medicaid payment clawbacks could force closures, limit care access
Business|Economy|World

A Trump order aims to help more people get retirement savings plans in time for a new federal match

An order signed by President Donald Trump calls for a new government website where people in the United States can find and compare private-sector retirement savings accounts

A Trump order aims to help more people get retirement savings plans in time for a new federal match
Business|Economy|Political|Travel|World

The last time Trump bought an airline, it didn’t end well. Now, budget carriers are asking him for help

The last time Trump bought an airline, it didn’t end well. Now, budget carriers are asking him for help

The last time Trump bought an airline, it didn’t end well. Now, budget carriers are asking him for help
Business|Economy|Environment|Science|Technology

Proposed mega data center draws concerns over 'heat island effect'

Proposed mega data center draws concerns over 'heat island effect'

Proposed mega data center draws concerns over 'heat island effect'
Economy|Finance|Stock Markets|Technology|US|World

Senate bans its own members and staff from betting in prediction markets

The Senate has approved a bipartisan resolution to prevent its members from using prediction markets

Senate bans its own members and staff from betting in prediction markets
Business|Economy|Environment|Political|World

Brent oil prices surge above $125 after setting new wartime high

Brent crude oil prices, the global benchmark, surged above $125 per barrel on Thursday morning, as President Donald Trump mulls an extended blockade of Iranian ports. Kristie Lu Stout reports.

Brent oil prices surge above $125 after setting new wartime high
Economy|Environment|Lifestyle|Science|Technology

Riverfront workshops use rain barrels to protect the Great Lakes and reduce backyard flooding

Riverfront workshops use rain barrels to protect the Great Lakes and reduce backyard flooding

Riverfront workshops use rain barrels to protect the Great Lakes and reduce backyard flooding
Business|Economy|Environment|Lifestyle

Officials ask residents to reduce water usage further ahead of dry summer

Officials ask residents to reduce water usage further ahead of dry summer

Officials ask residents to reduce water usage further ahead of dry summer
Crime|Economy|Environment|Health|Lifestyle|Travel

Stray dog on Blue Ridge Parkway injured after 'aggressive behavior,' NPS says

Stray dog on Blue Ridge Parkway injured after 'aggressive behavior,' NPS says

Stray dog on Blue Ridge Parkway injured after 'aggressive behavior,' NPS says
Business|Crime|Economy|Education|Health|Lifestyle|Political

Exonerees struggle to rebuild their lives and gain lasting employment, even if elected to office

People who are wrongfully incarcerated then exonerated, sometimes after spending decades behind bars, face yet more challenges finding jobs and rebuilding their lives after their release

Exonerees struggle to rebuild their lives and gain lasting employment, even if elected to office
Business|Economy|Finance|Stock Markets|World

Japan steps into FX market for first time in two years to boost yen, sources say

Japan intervened to prop up the yen against the U.S. dollar on Thursday, its first official currency action in nearly

Japan steps into FX market for first time in two years to boost yen, sources say
Business|Economy|Finance|World

Oil retreats after hitting four-year high on concern of US-Iran war escalation

Global oil prices eased after hitting a four-year high of more than $126 a barrel earlier on Thursday on concerns the U.S.-Iran war could lead to a

Oil retreats after hitting four-year high on concern of US-Iran war escalation
Business|Economy|Environment|World

Chicago grain futures fall on oil retreat, improved US weather outlook

By P.J.

Chicago grain futures fall on oil retreat, improved US weather outlook
Business|Economy|Europe|Finance|Stock Markets

Ackman blames retail traders for sudden drop in new closed-end fund

Billionaire Bill Ackman on Thursday blamed retail investors for the sudden drop in his newly listed closed-end fund's stock price on Wednesday and said he expects the

Ackman blames retail traders for sudden drop in new closed-end fund
Business|Economy|Food|World

KFC China grows on delivery boom but faces tighter margins

An explosion of food deliveries is reshaping KFC China, the country’s largest restaurant brand, boosting sales but squeezing margins. 

KFC China grows on delivery boom but faces tighter margins
Business|Economy|Environment|Technology

Record US biofuel targets to test biodiesel industry after slow year

The U.S. biodiesel industry, still recovering from one of its most difficult years, will have a hard time ramping up production

Record US biofuel targets to test biodiesel industry after slow year
Business|Economy|Finance|Stock Markets|US

JPMorgan hires KBW's Mihok as MD in banking team 

JPMorgan Chase has hired Chris Mihok from Keefe, Bruyette & Woods as a managing director to cover banks, expanding the team covering financial institutions, a

JPMorgan hires KBW's Mihok as MD in banking team 
Business|Economy|Technology

Blue Owl sold about half its SpaceX holding at $1.25 trillion valuation, co-CEO says

Blue Owl sold about half its investment in SpaceX at a $1.25 trillion valuation, the alternative asset manager's co-CEO Marc Lipschultz

Blue Owl sold about half its SpaceX holding at $1.25 trillion valuation, co-CEO says
Business|Economy|Technology|World

Bangladesh seals Boeing jet deal, shifts from Airbus

Bangladesh signed a deal on Thursday to buy 14 aircraft from U.S. planemaker Boeing, officials said, a move that marks a shift away from Europe's Airbus amid trade pressure

Bangladesh seals Boeing jet deal, shifts from Airbus
Economy|Election|Opinion|Science

Gerrymandering is unpopular with Florida voters – my recent survey shows why DeSantis pushed it through anyway

Florida voters don’t like Gov. DeSantis’ redistricting plans, but it doesn’t tend to be a vote-determining issue.

Gerrymandering is unpopular with Florida voters – my recent survey shows why DeSantis pushed it through anyway
Business|Economy|Finance|Stock Markets|US

Average US long-term mortgage rate rises to 6.3%, ending a 3-week slide

The average long-term U.S. mortgage rate rose this week, pushing up borrowing costs for prospective homebuyers in the midst of the spring homebuying season

Average US long-term mortgage rate rises to 6.3%, ending a 3-week slide
Business|Economy|Finance|Stock Markets|US|World

Tax refunds and AI boom have offset some US economic pain from Iran war and high gas prices, so far

Americans are paying for the war in Iran with every visit to the gas station, but some of the damage to the U.S. economy is being offset — for now anyway — by big tax refunds and an investment boom driven by artificial intelligence

Tax refunds and AI boom have offset some US economic pain from Iran war and high gas prices, so far
Business|Economy|Environment|Health

Colorado to crack down on "highly problematic," contaminated marijuana products

Colorado to crack down on "highly problematic," contaminated marijuana products

Colorado to crack down on "highly problematic," contaminated marijuana products
Business|Economy|Finance|Stock Markets|Technology

Intercontinental Exchange beats profit estimates on robust trading activity

Intercontinental Exchange on Thursday reported first-quarter profit exceeding analysts' estimates as heightened market volatility boosted

Intercontinental Exchange beats profit estimates on robust trading activity
Business|Economy|Finance|Stock Markets|Technology

Meta raises $25 billion in bond sale after lifting AI spending plan

Meta Platforms sold investment-grade bonds worth $25 billion in six portions, according to a regulatory filing on Thursday, as the social media giant ramps up investments in

Meta raises $25 billion in bond sale after lifting AI spending plan
Economy|Environment|Health|Political|Travel|World

Afghan refugees stranded at Pakistan border amid renewed fighting

Saleha Bibi, 40, was one of hundreds of Afghan refugees waiting at the Pakistani border on Thursday to be repatriated to Afghanistan - a

Afghan refugees stranded at Pakistan border amid renewed fighting
Economy|Political|Travel|World

Paraguay president to visit Taiwan in May amid China pressure

Paraguayan President Santiago Pena will travel to Taiwan from May 7 for a state visit aimed at deepening diplomatic and economic ties, his office and Taiwanese

Paraguay president to visit Taiwan in May amid China pressure
Business|Economy|Environment|World

ConocoPhillips trims production outlook as Iran war disrupts Qatar LNG operations

ConocoPhillips on Thursday forecast lower annual output after the shale producer excluded Qatar from its near-term outlook, citing disruption to its

ConocoPhillips trims production outlook as Iran war disrupts Qatar LNG operations
Business|Economy|Finance|Stock Markets|World

Big central banks say rate hikes are getting closer

Major central banks left interest rates unchanged this week but warned that they could raise them soon to prevent a jump in energy

Big central banks say rate hikes are getting closer
Americas|Business|Economy|Europe|Finance|MidEast|Political|Stock Markets|US|World

Trump again criticizes Germany's Merz, tells him to stop interfering over Iran

U.S.

Trump again criticizes Germany's Merz, tells him to stop interfering over Iran
Americas|Business|Economy|Europe|World

Repsol is in no rush to list upstream unit in US, CEO says

Spain's Repsol is in no rush to list its oil and gas production unit in the United States, Chief Executive Josu Jon Imaz

Repsol is in no rush to list upstream unit in US, CEO says
Business|Economy|Europe|Finance|World

ECB policymakers see first of several rate hikes in June, sources say

European Central Bank policymakers are likely to raise interest rates at least twice, starting at their next meeting in June, unless a favourable resolution to the Iran

ECB policymakers see first of several rate hikes in June, sources say
Business|Economy|Europe|Finance|World

Stagflation describes the 1970s, not today's economy, Lagarde says

The euro zone economy isn't facing stagflation even as growth and inflation risks intensify, European Central Bank chief Christine Lagarde said on

Stagflation describes the 1970s, not today's economy, Lagarde says
Arts|Business|Economy|Finance|Food|Stock Markets|World

Shaken, not stirred: Tequila giant Becle's stock recovers after US shakeup hits profits

Becle, the world's largest tequila maker, edged back into the black on Thursday after its stock took an early morning battering following first-

Shaken, not stirred: Tequila giant Becle's stock recovers after US shakeup hits profits
Business|Economy|Finance|Stock Markets|Technology|World

Payment networks spotlight spending resilience with upbeat quarter

Mastercard joined Visa and American Express in posting a quarterly profit beat on Thursday, highlighting spending resilience as well as allaying fears of a

Payment networks spotlight spending resilience with upbeat quarter
Business|Economy|Finance|World

Annual US inflation posts biggest gain in nearly three years in March

U.S. inflation accelerated in March as the Iran war raised gasoline prices, bolstering financial market expectations that the Federal Reserve could keep interest rates

Annual US inflation posts biggest gain in nearly three years in March
Business|Economy|Environment|Science|Technology

Solar ranch in Tennessee aims to prove grazing cattle under the panels is a farmland win-win

A Tennessee solar developer is betting that cattle-grazing and solar panels can coexist — and benefit farmers as well as the electric grid

Solar ranch in Tennessee aims to prove grazing cattle under the panels is a farmland win-win
Economy|World

AI-related investment, rebound in government spending lift US economy in first quarter

U.S. economic growth regained speed in the first quarter as businesses boosted investment in artificial intelligence and government spending

AI-related investment, rebound in government spending lift US economy in first quarter
Business|Economy|Political|US|World

China's foreign minister tells Rubio Taiwan is 'biggest risk' in ties

China and the U.S. should prepare for "important high-level exchanges", Chinese Foreign Minister Wang Yi said in a call with U.S.

China's foreign minister tells Rubio Taiwan is 'biggest risk' in ties
Economy|Finance|Political|US|World

UN's Guterres says money owed by US is 'non-negotiable'

United Nations Secretary-General Antonio Guterres said on Thursday that the billions of dollars the United States owes to the world body is "non-negotiable," after reports that

UN's Guterres says money owed by US is 'non-negotiable'
Business|Economy|Finance|Stock Markets|Technology|World

Bombardier tops profit estimates on higher private jet usage, repair demand

Bombardier on Thursday beat Wall Street estimates for first-quarter profit, lifted by strong demand for repair and maintenance

Bombardier tops profit estimates on higher private jet usage, repair demand
Business|Economy|Finance|Health|Stock Markets

Bristol Myers beats quarterly profit estimates on blood thinner, cancer drug sales

Bristol Myers Squibb reported a first-quarter profit that beat Wall Street expectations on Thursday, helped by better-than-expected growth of

Bristol Myers beats quarterly profit estimates on blood thinner, cancer drug sales
Business|Economy|Finance|Stock Markets|World

Traders temper euro zone rate hike bets as ECB grapples with Iran war impact

Traders on Thursday slightly tempered their bets that the European Central Bank will hike interest rates three times this year, after

Traders temper euro zone rate hike bets as ECB grapples with Iran war impact
Business|Economy|Environment|Finance|Stock Markets|US|World

Trump administration weighing measures to soon increase US oil output, Hassett says

The Trump administration is talking to oil companies and considering measures to increase production in the United States "really soon" to ease the impact of the Iran

Trump administration weighing measures to soon increase US oil output, Hassett says
Business|Economy|Finance|Stock Markets|Technology|US|World

BREAKINGVIEWS-Meta's fall shows punters crave clearer AI payoff

By Karen Kwok NEW YORK, April 30 (Reuters Breakingviews) - Shares fell 10% despite strong revenue growth and signs technology is boosting ad sales.

BREAKINGVIEWS-Meta's fall shows punters crave clearer AI payoff
Economy|Europe|MidEast|Political|World

Germany faces a fresh Trump threat to cut US troop numbers. The Europeans are used to it

U.S. President Donald Trump has renewed an old threat that Washington could reduce its military presence in Germany

Germany faces a fresh Trump threat to cut US troop numbers. The Europeans are used to it
Business|Economy|Europe|Political|World

Ship allegedly carrying stolen Ukrainian grain seen sailing away from Israel, after importer refuses to unload cargo

Ship allegedly carrying stolen Ukrainian grain seen sailing away from Israel, after importer refuses to unload cargo

Ship allegedly carrying stolen Ukrainian grain seen sailing away from Israel, after importer refuses to unload cargo
Business|Economy|Finance|US

Union Pacific argues for its $85B acquisition of Norfolk Southern in new railroad merger application

Union Pacific hopes a new application will be enough to persuade regulators that its $85 billion acquisition of Norfolk Southern would be good for the country

Union Pacific argues for its $85B acquisition of Norfolk Southern in new railroad merger application
Business|Economy|Finance|Stock Markets|World

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices

A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices
Economy|Political|US

Mark Sanford quits latest bid for Congress and says he'll set up a debt-focused nonprofit instead

Mark Sanford has ended his bid to reclaim his old congressional seat

Mark Sanford quits latest bid for Congress and says he'll set up a debt-focused nonprofit instead
Business|Economy|Finance|Stock Markets|US

Fed’s key inflation gauge hits 3.5% as Iran war pushes up gas prices

Fed’s key inflation gauge hits 3.5% as Iran war pushes up gas prices

Fed’s key inflation gauge hits 3.5% as Iran war pushes up gas prices
Business|Economy|Science|Technology

AI customer service startup Netomi raises $110 million

Technology startup Netomi has raised $110 million in a Series C funding round led by Accenture Ventures, the startup’s chief executive told Reuters this week.

AI customer service startup Netomi raises $110 million
Business|Economy|Health

Cardinal Health's revenue miss clouds annual profit forecast raise

By Siddhi Mahatole April 30 Reuters) - Cardinal Health missed Wall Street expectations for third-quarter revenue, sending its shares down 8% on Thursday even though the company raised its profit

Cardinal Health's revenue miss clouds annual profit forecast raise
Business|Economy|Finance|Stock Markets|US

Blue Owl highlights business beyond private credit after profit beat

Blue Owl executives on Thursday emphasized growth in its businesses beyond direct lending, a form of private credit that has come under

Blue Owl highlights business beyond private credit after profit beat
Business|Economy|Food

Hershey tops estimates as GLP‑1 users drive demand for mints, healthier snacks

Hershey beat first-quarter earnings estimates, helped by strong demand for its healthier snack brands such as LesserEvil popcorn and its

Hershey tops estimates as GLP‑1 users drive demand for mints, healthier snacks
Business|Economy|Finance|Stock Markets|World

Cigarette maker Altria gets a boost as Marlboro losses ease 

Altria beat Wall Street expectations for first-quarter profit and revenue on Thursday, as the Marlboro-maker slowed market share losses and pushed further into discount cigarettes

Cigarette maker Altria gets a boost as Marlboro losses ease 
Americas|Business|Economy|World

Mexico's economy contracts more than expected, recovery could hinge on World Cup

Mexico's economy contracted 0.8% in the first quarter from the previous three-month period, preliminary data showed on Thursday, an

Mexico's economy contracts more than expected, recovery could hinge on World Cup
Business|Economy|Finance|Stock Markets|US|World

Rise in benefits lifts US labor costs in first quarter

Growth in U.S. labor costs increased slightly more than expected in the first quarter amid a jump in benefits, but wage growth was moderate against the backdrop of a

Rise in benefits lifts US labor costs in first quarter
Business|Economy|Europe|Finance|Stock Markets|World

Instant View: ECB leaves rates on hold against backdrop of Iran war uncertainty

The European Central Bank left interest rates unchanged as expected on Thursday but signalled its rising concerns over soaring inflation, bolstering bets it would lift

Instant View: ECB leaves rates on hold against backdrop of Iran war uncertainty
Business|Economy|Finance|Stock Markets|World

European shares log biggest monthly gains in over a year

European shares jumped more than 1% on Thursday and marked their biggest monthly gain in over a year, as investors were relieved by better-than-

European shares log biggest monthly gains in over a year
Business|Economy|Finance|Stock Markets|US|World

S&P 500, Nasdaq open higher as earnings optimism overshadows Middle East woes

The S&P 500 and the Nasdaq opened higher on Thursday as investors drew comfort from strong earnings, even as fears about an escalation in the Middle East conflict deepened.

S&P 500, Nasdaq open higher as earnings optimism overshadows Middle East woes
Business|Economy|Environment|Finance|World

Royal Caribbean sees cruise demand recover, but flags impact of higher fuel costs

Royal Caribbean said on Thursday bookings for its luxury Mediterranean cruises have bounced back after about a month of disruption from the Iran war,

Royal Caribbean sees cruise demand recover, but flags impact of higher fuel costs
Business|Economy|Finance|Stock Markets|World

US growth picks up; PCE inflation is higher but in line with expectations

U.S. economic growth picked up in the first quarter on a rebound in government spending, but the increase is likely temporary as the war with Iran drives up gasoline

US growth picks up; PCE inflation is higher but in line with expectations
Economy|Finance|Stock Markets|World

Bank of England holds rates, warns of inflation threat from Iran war

The Bank of England kept interest rates on hold on Thursday and set out a range of possible economic impacts from

Bank of England holds rates, warns of inflation threat from Iran war
Business|Economy|Election|Environment|Political|World

US visa fallout takes center stage in Antigua's election

Voters head to the polls on Thursday in Antigua and Barbuda in a snap general election dominated by concerns over U.S. visa restrictions, with

US visa fallout takes center stage in Antigua's election
Business|Economy|Europe|Finance|Stock Markets|World

ECB keeps rates unchanged but June hike firmly on table

The European Central Bank left interest rates unchanged as expected on Thursday but extensively debated a hike to combat soaring

ECB keeps rates unchanged but June hike firmly on table
Business|Economy|Finance|Health|Stock Markets

Lilly lifts profit forecast as surging demand for weight-loss drugs offsets pricing pressure

Eli Lilly hiked its full-year profit and revenue forecasts on Thursday, as surging demand for its GLP-1 weight-loss and diabetes drugs helped

Lilly lifts profit forecast as surging demand for weight-loss drugs offsets pricing pressure
Business|Economy|Environment|Political|World

Russia says OPEC+ will continue after UAE exit, no price war expected

Russia's Deputy Prime Minister Alexander Novak said on Thursday that the OPEC+ group of leading oil producers would continue

Russia says OPEC+ will continue after UAE exit, no price war expected
Australia|Business|Economy|World

Australia's home price growth hits lowest in over a year, led by falls in big cities

Australia's home prices rose at the slowest pace in over a year in April as higher borrowing costs and war in the Middle East pushed prices in Sydney and Melbourne into

Australia's home price growth hits lowest in over a year, led by falls in big cities
Business|Economy|MidEast|Political|World

Vessel carrying grain Ukraine says stolen by Russia will not unload in Israel, Kyiv says

A vessel carrying grain that Ukraine says was stolen from areas occupied by Russia will not unload in Israel, Ukraine said on Thursday, after Kyiv requested Israel to

Vessel carrying grain Ukraine says stolen by Russia will not unload in Israel, Kyiv says
Business|Economy|Europe|Technology

EU overhauls merger rules amid calls for European champions

Antitrust regulators proposed a revamp of European Union merger rules on Thursday to give companies more leeway to argue the benefits of their deals,

EU overhauls merger rules amid calls for European champions
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Inflation hits 3% in Europe as Iran war spreads oil price shock

Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April

Inflation hits 3% in Europe as Iran war spreads oil price shock
Business|Economy|Education|Lifestyle

Money Happens: What to do when becoming a homeowner feels out of reach

Tyler Jones dreams of homeownership but finds it unattainable

Money Happens: What to do when becoming a homeowner feels out of reach
Economy|Education|Environment|Opinion|Political|Science|Technology

Supreme Court ruling: The latest in history of diminishing minority voting rights

The Supreme Court’s ruling that a Black-majority voting district in Louisiana is unconstitutional adds to a long and dismal history of government attempts to limit the power of minority voters.

Supreme Court ruling: The latest in history of diminishing minority voting rights
Economy|MidEast|Political|US|World

US military commanders to brief Trump on military options against Iran, US official says

Top U.S. military leaders including Admiral Brad Cooper, the head of Central Command, will brief President Donald Trump later on Thursday on potential military action

US military commanders to brief Trump on military options against Iran, US official says
Business|Economy|Finance|Stock Markets|World

U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook

The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall’s 43-day federal government shutdown

U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook
Business|Economy|Finance|Political|Stock Markets|US|World

US economy showed solid growth in the first quarter as Iran war began

US economy showed solid growth in the first quarter as Iran war began

US economy showed solid growth in the first quarter as Iran war began
Business|Economy|Science|Technology

AI real estate tools promise big savings for homebuyers

AI real estate tools promise big savings for homebuyers

AI real estate tools promise big savings for homebuyers
Business|Economy|Finance|Political|World

Weekly US jobless claims fall to 189,000, lowest in more than 5 decades

The number of Americans filing for unemployment benefits tumbled to their lowest level more than 50 years last week despite a number of economic headwinds including the war in Iran

Weekly US jobless claims fall to 189,000, lowest in more than 5 decades
Business|Economy|World

Iranian economic collapse may come too late for Trump

By Parisa Hafezi and Angus McDowall DUBAI, April 30 - Weeks of conflict have aggravated Iran's dire economic problems, risking calamity after the war, but the Islamic Republic looks able to survive a

Iranian economic collapse may come too late for Trump
Business|Economy|Stock Markets|Technology

Qualcomm jumps as optimism on smartphones, AI chips outweigh dismal forecast

Qualcomm shares jumped more than 13% on Thursday, as investors latched on to the chief executive's optimism about a recovery in its smartphone business and data

Qualcomm jumps as optimism on smartphones, AI chips outweigh dismal forecast
Business|Economy|Europe|Fashion and Beauty

Prada first-quarter revenue rises 3%, driven by sales in Americas

Revenue at Italian luxury group Prada rose 3% at constant exchange rates in the first quarter, excluding the contribution of Versace, with double-digit

Prada first-quarter revenue rises 3%, driven by sales in Americas
Business|Economy|Political|Technology|World

L3Harris lifts 2026 profit forecast on strong weapons demand

Defense supplier L3Harris Technologies lifted its 2026 profit forecast after beating first-quarter revenue estimates on Thursday, as it banks on strong demand from the Pentagon

L3Harris lifts 2026 profit forecast on strong weapons demand
Business|Economy|Finance|Stock Markets|Technology

Google Cloud pulls ahead as Big Tech's AI bet swells to $700 billion

Alphabet's blowout cloud growth has reset expectations across major tech companies, leaving investors to recalibrate which firms are

Google Cloud pulls ahead as Big Tech's AI bet swells to $700 billion
Business|Economy|Finance|World

BoE's Bailey warns on uncertain second-round inflation effects from Middle East shock

Bank of England Governor Andrew Bailey said policymakers were facing a difficult judgment call over second-round inflation effects from higher energy prices linked to the

BoE's Bailey warns on uncertain second-round inflation effects from Middle East shock
Business|Economy|Finance|Stock Markets|World

QUOTES-Bank of England policymakers set out views on rates outlook in minutes of April meeting

The Bank of England left interest rates on hold for the third meeting in a row and policymakers were divided on where borrowing costs are likely to head as it gauges the

QUOTES-Bank of England policymakers set out views on rates outlook in minutes of April meeting
Business|Economy|Finance|Political|Stock Markets|World

FACTBOX-Bank of England forecast scenarios for April 2026

Due to uncertainty caused by the Iran war, the Bank of England moved away from a single economic forecast in its April 2026 Monetary Policy Report and instead produced

FACTBOX-Bank of England forecast scenarios for April 2026
Business|Economy|Finance|World

Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ire

Some automakers this week got a first-quarter profit boost – at least on paper - from future refunds of tariff payments

Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ire
Asia|Business|Economy|Technology|World

Banks in Asia brace for complex cyber threats from frontier AI

Banks across Asia, including those in Singapore - among the region's largest - are tightening checks on artificial

Banks in Asia brace for complex cyber threats from frontier AI
Economy|World

Bank of England Governor speaks after holding rates, spelling out inflation risks

The Bank of England kept interest rates on hold at 3.75% on Thursday and set out scenarios for the economic impact of the Iran war, one of which could require a "forceful"

Bank of England Governor speaks after holding rates, spelling out inflation risks
Business|Economy|Europe|Finance|World

ECB keeps rates on hold and warns about Iran war hit

The European Central Bank kept interest rates on hold on Thursday and warned that the war in Iran was fuelling an energy-led rise in euro zone inflation while taking a

ECB keeps rates on hold and warns about Iran war hit
Business|Economy|Finance|Stock Markets|Technology

Caterpillar expects AI-driven demand for power, construction to fuel growth

Caterpillar raised its annual and long-term revenue forecasts on Thursday, as an AI-focused data center boom creates record order backlog for its power

Caterpillar expects AI-driven demand for power, construction to fuel growth
Business|Economy|Finance|Stock Markets

International Paper misses sales estimates, trims profit forecast amid cost pressures

International Paper on Thursday missed first-quarter sales estimates amid uneven demand for packaging materials and inflationary pressures, as it presses ahead with its plans to

International Paper misses sales estimates, trims profit forecast amid cost pressures
Business|Economy|Finance|Stock Markets|US|World

US railroads Union Pacific, Norfolk Southern seek approval for $85 billion merger

Union Pacific and Norfolk Southern on Thursday submitted a revised merger application with the Surface Transportation Board, seeking approval of an

US railroads Union Pacific, Norfolk Southern seek approval for $85 billion merger
Business|Economy|Political

Trump to sign order aimed at expanding access to retirement plans

U.S.

Trump to sign order aimed at expanding access to retirement plans
Business|Economy|Europe|Finance|Stock Markets|World

Under pressure to cut back, Volkswagen weighs Chinese models for Europe

Volkswagen could begin building its China-specific models in Europe for sale to local markets, or share plants on the continent with Chinese partners, CEO

Under pressure to cut back, Volkswagen weighs Chinese models for Europe
Business|Economy|Environment|World

‘Oil is literally falling from the sky’: Russian town fears environmental disaster after Ukrainian drone strikes on refinery

‘Oil is literally falling from the sky’: Russian town fears environmental disaster after Ukrainian drone strikes on refinery

‘Oil is literally falling from the sky’: Russian town fears environmental disaster after Ukrainian drone strikes on refinery
Business|Economy|World

Instant View: Japan's yen surges, as Tokyo issues strong intervention warning

The Japanese yen surged on Thursday, following stark warnings from Tokyo officials, including the finance minister, that intervention to prop up the currency could be

Instant View: Japan's yen surges, as Tokyo issues strong intervention warning
Business|Economy|Finance|Stock Markets|US|World

US weekly jobless claims decrease as labor market conditions remain stable

The number of Americans filing claims for jobless benefits dropped last week, and the unemployment rate appears to have held steady in April as the labor market

US weekly jobless claims decrease as labor market conditions remain stable
Business|Economy|Finance|World

Kevin Warsh wanted a family fight at the Fed. Oil has provided the spark

Kevin Warsh says he wants a vigorous family fight about monetary policy at the U.S. Federal Reserve when he takes over as chair.

Kevin Warsh wanted a family fight at the Fed. Oil has provided the spark
Business|Economy|Education|Environment|Health|Political

Supreme Court bolsters donors’ free speech rights in unanimous crisis pregnancy center ruling

First Choice, the crisis pregnancy center chain that brought the case, argued that merely issuing a subpoena can deter donors from making a gift.

Supreme Court bolsters donors’ free speech rights in unanimous crisis pregnancy center ruling
Business|Economy|Finance|Stock Markets|World

Bank of England joins other central banks in freezing rate cuts as Iran war upends global economy

The Bank of England is keeping its main interest rate on hold at 3.75% as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes

Bank of England joins other central banks in freezing rate cuts as Iran war upends global economy
Business|Economy|Environment|Political|World

The Latest: Hegseth faces a second day of Democrats grilling him over the Iran war

Defense Secretary Pete Hegseth faces a second day of grilling from Democrats on Capitol Hill, with senators getting their first opportunity to confront or praise the Pentagon chief over his handling of the Iran war

The Latest: Hegseth faces a second day of Democrats grilling him over the Iran war
Business|Economy|Finance|Health|Sports|Stock Markets|Technology|US

Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the same

Clinicians who treat gambling disorders are concerned about their patients turning to prediction markets

Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the same
Economy|Election|Finance|US|World

Supreme Court hollows out a landmark law that had protected minority voting rights for 6 decades

The Voting Rights Act over its six decades became one of the most consequential laws in the nation’s history, preventing discrimination against minorities at the ballot box and helping to elect thousands of Black and Hispanic representatives at all levels of government

Supreme Court hollows out a landmark law that had protected minority voting rights for 6 decades
Business|Economy|Europe|Science|Technology

Italy closes antitrust probes into AI firms after commitments on 'hallucination' risks

Italy's antitrust authority said on Thursday it had closed investigations into three AI companies over allegedly unfair commercial practices involving generative artificial

Italy closes antitrust probes into AI firms after commitments on 'hallucination' risks
Business|Economy|Europe|Finance|Stock Markets|World

Italy March jobless rate falls to 5.2% but 12,000 jobs lost

Italy's unemployment rate fell to 5.2% in March but a net 12,000 jobs were lost during the month, national statistics bureau ISTAT reported on Thursday.

Italy March jobless rate falls to 5.2% but 12,000 jobs lost
Business|Economy|Science|Technology

Taiwan's Delta Electronics warns costs rising as AI data centre demand surges 

Delta Electronics, a major provider of power supply and cooling solutions for AI datacentres, warned that it expects costs to rise in the coming quarters,

Taiwan's Delta Electronics warns costs rising as AI data centre demand surges 
Business|Economy|Finance|Political

Colombia's central bank surprises with interest rate hold after spat over rises

Colombia's central bank on Thursday surprised the market by unanimously holding its benchmark interest rate at 11.25%, as

Colombia's central bank surprises with interest rate hold after spat over rises
Business|Economy|Finance|Stock Markets|US|World

Despite change atop the Fed, investor hopes for rate cuts hit hurdles

Investors are turning the page to a newly led U.S.

Despite change atop the Fed, investor hopes for rate cuts hit hurdles
Business|Economy|Finance|US|World

US banks left guessing over scope of looming order on citizenship data

U.S. banks say they are largely in the dark about an expected White House order requiring them to collect data on

US banks left guessing over scope of looming order on citizenship data
Asia|Business|Economy|Finance|World

Asia's bond markets shake off war angst with record local issuance

The Middle East war has not slowed Asia's local currency bond markets, with Hong Kong and Australian dollar issuance hitting

Asia's bond markets shake off war angst with record local issuance
Business|Economy|Finance|Stock Markets|US

Berkshire Hathaway at a glance 

Berkshire Hathaway is hosting its annual shareholder weekend in Omaha, Nebraska, the first since Warren Buffett ended his 60-year tenure as

Berkshire Hathaway at a glance 
Australia|Business|Economy|Technology|World

Australian banks warned frontier AI could create larger, faster cyber attacks

Australia's financial system regulator said on Thursday the country's banks were not keeping pace with AI industry developments, warning frontier AI

Australian banks warned frontier AI could create larger, faster cyber attacks
Business|Economy|Finance|Political|World

Canada says it will host new multilateral defence bank, could take time to set up

Canada is set to host a proposed multilateral defence bank designed to help fund the rearmament of nations facing heightened geopolitical risks, Prime

Canada says it will host new multilateral defence bank, could take time to set up
Business|Economy|Europe|Finance|Stock Markets

Stellantis CEO vows steady cash flow improvement after quarterly miss hits shares

Stellantis CEO Antonio Filosa pledged to improve the group's free cash flow performance quarter-by-quarter after the automaker's

Stellantis CEO vows steady cash flow improvement after quarterly miss hits shares
Business|Economy|Technology|World

Chinese software maker gets rare approval for Nasdaq listing in boon for 'red-chip' firms

A rare regulatory nod for a Chinese company to seek a Nasdaq listing has been deemed extra special as the software maker is not incorporated on the mainland,

Chinese software maker gets rare approval for Nasdaq listing in boon for 'red-chip' firms
Business|Economy|Europe|Finance|World

Portugal's quarterly GDP growth fizzles out after storms 

Portugal's economy stagnated in the first quarter compared to the previous three-month period, when it expanded 0.9%, official data showed on Thursday, after severe storms

Portugal's quarterly GDP growth fizzles out after storms 
Business|Economy|Europe|Finance|Stock Markets|World

Italy EU-harmonised CPI jumps to 2.9% y/y in April, above forecast

Italian EU-harmonised consumer prices (HICP) rose by 1.7% in April from the month before, with the annual inflation rate surging to 2.9% from 1.6% in March amid increasing

Italy EU-harmonised CPI jumps to 2.9% y/y in April, above forecast
Business|Economy|Europe|Technology|World

Switzerland probes alleged pacts to avoid keyword bidding on Google and Bing

Switzerland's competition commission has opened an investigation into suspected anti-competitive pacts in which travel companies and online casinos agreed not to bid

Switzerland probes alleged pacts to avoid keyword bidding on Google and Bing
Business|Economy|World

EU kickstarts Mercosur pact to counter US trade hit

The European Union and South American bloc Mercosur will implement on Friday a contentious free trade agreement that the EU in

EU kickstarts Mercosur pact to counter US trade hit
Economy|Political|World

Iran's North American diaspora split over next steps after Trump's ceasefire

With fighting between the United States, Israel and Iran at a fragile standstill, Iran's large North American diaspora is divided over what should come next. 

Iran's North American diaspora split over next steps after Trump's ceasefire
Business|Economy|Science|Technology|World

China approved large exports of rare earth vital for US aerospace in March

China exported large quantities of a speciality rare earth used in aerospace and chipmaking to the U.S. in March, customs data showed, in a sign that

China approved large exports of rare earth vital for US aerospace in March
Business|Economy|Environment|Finance|Stock Markets|World

Japan's ANA, JAL say Middle East war lifts fuel costs, no immediate supply issues

Japan's two biggest airlines, ANA Holdings and Japan Airlines (JAL), said on Thursday the Middle East conflict is keeping fuel costs elevated and the outlook uncertain.

Japan's ANA, JAL say Middle East war lifts fuel costs, no immediate supply issues
Business|Economy|Health|Science|Technology

Companies with cannabis-based drugs eye IPOs, private funding boost after US reclassification

Companies developing cannabis-based medicines say U.S. moves to loosen restrictions on the drug could unlock private funding and the public

Companies with cannabis-based drugs eye IPOs, private funding boost after US reclassification
Business|Economy|Finance|Stock Markets|US

Warren Buffett has stepped aside. Berkshire is now Greg Abel's show

Berkshire Hathaway shareholders making the pilgrimage to Omaha, Nebraska, for the conglomerate's annual shareholder weekend will find much

Warren Buffett has stepped aside. Berkshire is now Greg Abel's show
Business|Economy|Political|World

Iran's Supreme Leader Mojtaba Khamenei says new management of Strait of Hormuz 'will bring calm'

Iran's new Supreme Leader Mojtaba Khamenei said in a published written message on Thursday that a new chapter for the Gulf and Strait of Hormuz has been taking shape since the

Iran's Supreme Leader Mojtaba Khamenei says new management of Strait of Hormuz 'will bring calm'
Business|Economy|Environment|Finance|Stock Markets|World

Oil fear shrouds tech splurge

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Try as they might, it’s impossible for markets to ignore the

Oil fear shrouds tech splurge
Business|Economy|Health

Merck posts quarterly loss due to Cidara charge, sales rise 5%

Merck & Co on Thursday reported a loss for the first quarter as an acquisition-related charge offset a 5% increase in product sales driven by cancer and

Merck posts quarterly loss due to Cidara charge, sales rise 5%
Business|Economy|World

EM stocks, FX fall on renewed Iran war risks, but set for monthly gains

Most emerging market stocks and currencies dipped on Thursday on concerns that the Iran war could escalate, sending oil prices soaring over 7%, while investors

EM stocks, FX fall on renewed Iran war risks, but set for monthly gains
Business|Economy|Political|World

Oil briefly touches $126, its highest price in four years

Oil briefly touches $126, its highest price in four years

Oil briefly touches $126, its highest price in four years
Business|Economy|Sports|World

LIV Golf is seeking new investment after losing Saudi funding at end of season

LIV Golf is seeking new investment after losing Saudi funding at end of season

LIV Golf is seeking new investment after losing Saudi funding at end of season
Business|Economy

You're probably paying more for insurance lately. A new study suggests federal action to cut costs

A new analysis suggests Americans are being overcharged by $150 billion a year to insure their homes, autos and businesses

You're probably paying more for insurance lately. A new study suggests federal action to cut costs
Economy|Education|Political|US|World

John Roberts’ effort to gut the Voting Rights Act is complete

John Roberts’ effort to gut the Voting Rights Act is complete

John Roberts’ effort to gut the Voting Rights Act is complete
Business|Economy|Election|Finance|Political|US|World

Inside the GOP’s barely functioning Congress

Inside the GOP’s barely functioning Congress

Inside the GOP’s barely functioning Congress
Business|Economy|Finance|Stock Markets|US

‘Integrity is priceless’: Powell closes out eight years at the helm of the Fed

‘Integrity is priceless’: Powell closes out eight years at the helm of the Fed

‘Integrity is priceless’: Powell closes out eight years at the helm of the Fed
Economy|Health|Political|US|World

A New Jersey Republican hasn’t voted in weeks, sparking questions over lengthy absence on Capitol Hill

A New Jersey Republican hasn’t voted in weeks, sparking questions over lengthy absence on Capitol Hill

A New Jersey Republican hasn’t voted in weeks, sparking questions over lengthy absence on Capitol Hill
Business|Economy|Finance|Stock Markets|World

China factory activity expands at quickest pace since late 2020, private PMI shows

China's manufacturing sector expanded in April at its fastest pace since the end of 2020, driven by stronger output and surging new orders, a private survey showed on

China factory activity expands at quickest pace since late 2020, private PMI shows
Business|Economy|Europe|World

French economy flat in the first quarter, below forecasts -preliminary GDP

The French economy was flat in the first quarter of this year, slowing from the previous three months, as contributions from inventories were offset by a decline in contributions

French economy flat in the first quarter, below forecasts -preliminary GDP
Business|Economy|Technology|World

White House quiet as China ramps up trade leverage before Trump-Xi summit

Beijing rolled out new trade rules this month that have alarmed U.S. businesses and which analysts say could seriously undercut American efforts to

White House quiet as China ramps up trade leverage before Trump-Xi summit
Business|Economy|Finance|Stock Markets|World

Apollo, Blackstone and KKR vie for Shell stake in LNG Canada, sources say

Apollo Global Management, Blackstone and KKR are battling it out to acquire a significant stake in the mammoth LNG Canada

Apollo, Blackstone and KKR vie for Shell stake in LNG Canada, sources say
Crime|Economy|Europe|World

Austria falling short in fight against money laundering, says global watchdog

Austria continues to fall short in its investigation and prosecution of money laundering despite facing a range of illicit finance threats as a gateway

Austria falling short in fight against money laundering, says global watchdog
Asia|Business|Economy|World

China's top airlines swing to Q1 profit, fuel costs cloud outlook

China's top three state-owned airlines bounced back to profit in the first quarter, helped by robust demand during the Lunar New Year

China's top airlines swing to Q1 profit, fuel costs cloud outlook
Business|Economy|Finance|Stock Markets|US|World

Morgan Stanley sees Fed holding rates steady in 2026

Morgan Stanley on Wednesday said it now expects the U.S.

Morgan Stanley sees Fed holding rates steady in 2026
Business|Economy|Finance|World

KKR explores $10 billion sale of spreads unit Flora, FT reports

KKR is exploring a sale of Flora Food Group, the spreads business it had carved out of Unilever in 2017, and is aiming to strike a deal at a valuation of $10 billion, the

KKR explores $10 billion sale of spreads unit Flora, FT reports
Business|Economy|Finance|Stock Markets|World

Stagflation risks stacking up as Iran war enters third month

Financial markets are finding it harder to look past the rising economic costs of the Iran war as the continued closure of

Stagflation risks stacking up as Iran war enters third month
Business|Economy|Finance|Stock Markets|World

Central bank hawks spook bonds, tech untroubled

A look at the day ahead in European and global markets from Stella Qiu Jerome Powell's parting gift as Fed Chair was a proper hawkish tilt - the U.S. central bank held interest rates steady but in the

Central bank hawks spook bonds, tech untroubled
Business|Economy|World

Brazil's Braskem elects Petrobras CEO as new chair

Shareholders of Brazilian petrochemical firm Braskem elected a new board of directors on Wednesday, naming state-run oil company Petrobras' CEO Magda Chambriard as

Brazil's Braskem elects Petrobras CEO as new chair
Business|Economy|Finance|Stock Markets|US|World

US growth likely picked up in first quarter, but consumer spending probably cooled

U.S. economic growth likely accelerated in the first quarter on a rebound in government spending after a crippling government shutdown, but the

US growth likely picked up in first quarter, but consumer spending probably cooled
Business|Economy|Environment|Food|World

From surplus to strain: world rice supply threatened by Iran war, El Nino

Rice supply is expected to fall this year as farmers cut planting acreage across Asia because of fertiliser shortages

From surplus to strain: world rice supply threatened by Iran war, El Nino
Business|Economy|Science|Technology|World

Samsung Electronics expects to win more customers for advanced logic chips

Samsung Electronics said on Thursday it expects to win more deals to manufacture logic chips using its advanced 2 nanometer process in the near future, adding it has been

Samsung Electronics expects to win more customers for advanced logic chips
Business|Economy|Finance|Stock Markets|Technology|US

L3Harris confidentially files for missile unit IPO

Defense supplier L3Harris said on Wednesday it has confidentially submitted a draft registration statement for the initial public offering of its missile solutions business.

L3Harris confidentially files for missile unit IPO
Business|Economy|Environment|Technology

First Tesla Semi rolls off high volume production line

Tesla said on Wednesday its first Semi truck has begun rolling off a high-volume production line as the electric vehicle maker remains on track to launch large-scale manufacturing

First Tesla Semi rolls off high volume production line
Business|Economy|Environment|Science|Technology

Glencore first-quarter copper output jumps 19%, marketing unit set to exceed target

Glencore said on Thursday its first‑quarter copper production rose 19%, benefiting from improved ore grades in Africa, while its marketing division remains on track to

Glencore first-quarter copper output jumps 19%, marketing unit set to exceed target
Business|Economy|Finance|MidEast|Stock Markets|World

Saudi GDP growth slows to 2.8% in first quarter as Iran war weighs on economy 

ABU DHABI, April 30 - Saudi Arabia's real gross domestic product grew 2.8% in the first quarter, year-on-year, preliminary government estimates showed on Thursday, slowing from 3.7% a year ago, as the

Saudi GDP growth slows to 2.8% in first quarter as Iran war weighs on economy 
Business|Economy|Europe|Sports

Inventory clean-up helps Puma beat first-quarter expectations 

German sportswear maker Puma on Thursday reported first-quarter sales and operating profit that beat expectations, supported by faster-than-expected inventory

Inventory clean-up helps Puma beat first-quarter expectations 
Business|Economy|Science|Technology|World

Prices of Nvidia's B300 server at $1 million in China on US curbs, sources say

Strong demand for AI computing equipment in China has nearly doubled prices for Nvidia's B300 servers to about 7 million yuan ($1

Prices of Nvidia's B300 server at $1 million in China on US curbs, sources say
Economy|Europe|World

French preliminary inflation at 2.5% in April, above forecasts, as energy costs bite

French consumer prices rose more than expected in April, preliminary data from statistics agency INSEE showed on Thursday.

French preliminary inflation at 2.5% in April, above forecasts, as energy costs bite
Business|Economy|Europe|Technology

Capgemini's first-quarter revenue up 7%, in line with estimates

By Leo Marchandon April 30 - French IT services group Capgemini reported a 7% rise in first-quarter revenue at constant exchange rates on Thursday, in line with guidance.

Capgemini's first-quarter revenue up 7%, in line with estimates
Business|Economy|Finance|Science|Stock Markets|Technology|World

Big funds bet billions on mining supercycle

Major fund managers are heralding a sustained rally in mining and metals as money floods into the sector at the fastest

Big funds bet billions on mining supercycle
Asia|Business|Economy|Europe|MidEast|World

StanChart profit surges on Gulf bond issuance, books $190 million charge on Iran war

Standard Chartered on Thursday posted a better-than-expected 17% profit gain, buoyed in part as Gulf countries rushed to raise

StanChart profit surges on Gulf bond issuance, books $190 million charge on Iran war
Business|Economy|Europe|Finance|Stock Markets|World

DHL beats profit forecasts aided by cost and capacity management

German logistics giant DHL reported a higher-than-expected quarterly operating profit on Thursday, as capacity management and structural cost

DHL beats profit forecasts aided by cost and capacity management
Arts|Business|Economy|Entertainment|Europe|Finance|Food|Stock Markets|World

Remy breaks years of sales declines and still disappoints

Remy Cointreau reported positive annual sales on Thursday for the first time since 2023 but still fell short of forecasts, undermining CEO Franck Marilly's

Remy breaks years of sales declines and still disappoints
Business|Economy|Finance|World

Dollar hits multi-week highs as oil surges, yen near 160

The dollar touched a new multi-week high on Thursday as fears of a further escalation in the Middle East lifted oil prices, while the Federal

Dollar hits multi-week highs as oil surges, yen near 160
Economy|Europe|World

German unemployment rises above 3 million mark in April

The number of unemployed people in Germany rose more than expected in April and surpassed the politically important 3 million mark in seasonally adjusted

German unemployment rises above 3 million mark in April
Business|Economy|Finance|World

BOJ warns inflation could rise well above target in risk scenario

The Bank of Japan is projecting core inflation hovering around 3%, well above its 2% target, for two years in a row under a risk scenario of elevated oil

BOJ warns inflation could rise well above target in risk scenario
Business|Economy|Environment|Finance|Political|Travel|World

The death of a Lebanese village

In a parking lot strewn with rubbish near Beirut's Mediterranean coast, Hassan Yahya has taped a cardboard sign to a traffic signal pole beside the

The death of a Lebanese village
Business|Economy|Environment|World

Global oil price retreats after hitting 4-year high on concern of US-Iran war escalation

Global oil prices retreated after hitting a four-year high of more than $126 a barrel on Thursday on concerns that the U.S.-Iran war could worsen and lead

Global oil price retreats after hitting 4-year high on concern of US-Iran war escalation
Business|Economy|Political|US|World

US House approves outline for $70 billion more for immigration enforcement

The U.S.

US House approves outline for $70 billion more for immigration enforcement
Business|Economy|Finance|Stock Markets|World

Unilever to hike prices in 'small doses' as Iran war threatens to hit shoppers

Unilever said on Thursday it would raise prices to soften the hit from higher-than-expected costs driven by the Iran war, even as it reported

Unilever to hike prices in 'small doses' as Iran war threatens to hit shoppers
Business|Economy|Europe|Political|World

Italy ekes out modest growth in Q1 as risks loom ahead

The Italian economy grew slightly more than expected in the first quarter from the previous three months, preliminary data showed on Thursday, with turmoil in the Middle

Italy ekes out modest growth in Q1 as risks loom ahead
Business|Economy|Finance|World

China's factory activity extends expansion, PMI shows, as Iran war risks mount

China's factory activity expanded for a second straight month in April, as manufacturers cranked up production to ship goods early to buyers worried the Iran war will

China's factory activity extends expansion, PMI shows, as Iran war risks mount
Business|Economy|Europe|Finance|Stock Markets|World

ArcelorMittal beats earnings forecasts as high steel prices offset demand hit

ArcelorMittal, the world's second-largest steelmaker, reported stronger-than-expected core earnings on Thursday, helped by higher steel prices and improved

ArcelorMittal beats earnings forecasts as high steel prices offset demand hit
Business|Economy|Europe|Finance|Political|Stock Markets|World

German economy grows in Q1 but unemployment climbs above 3 million

Germany's economy grew by more than expected in the first quarter of 2026 despite the shock to energy prices from the war in Iran, but unemployment rose

German economy grows in Q1 but unemployment climbs above 3 million
Business|Economy|Europe|World

Euro zone economy barely grew in first quarter

The euro zone economy saw faint growth in the first quarter, a preliminary estimate showed on Thursday, offering the first snapshot of activity since the outbreak of

Euro zone economy barely grew in first quarter
Business|Economy|Europe|Finance|Stock Markets|World

Euro zone inflation soars further above ECB target on oil prices

Euro zone inflation surged further in April on soaring energy costs, Eurostat data showed on Thursday, adding to the case for interest rate hikes, even if benign

Euro zone inflation soars further above ECB target on oil prices
Arts|Business|Economy|Political|Science|Technology|World

Tariffs on digital displays could help avoid US military dependence on China, policy group says

Tariffs on digital displays used in TVs and smartphones could help prevent the U.S. military from becoming dependent on China for the critical

Tariffs on digital displays could help avoid US military dependence on China, policy group says
Business|Economy|Political|US|World

The Black Caucus is the 'conscience of Congress.' Supreme Court ruling has it bracing for a big hit

Black members of Congress are bracing for a crippling shake-up of their ranks after a Supreme Court ruling gutted a key section of the Voting Rights Act that had protected minority communities in political redistricting and helped boost their representation

The Black Caucus is the 'conscience of Congress.' Supreme Court ruling has it bracing for a big hit
Business|Economy|Political|World

Repairing damaged US military bases will add billions to Iran war cost, sources say

Repairing damaged US military bases will add billions to Iran war cost, sources say

Repairing damaged US military bases will add billions to Iran war cost, sources say
Business|Crime|Economy|Environment|World

Brazilian authorities sue Cargill, JBS for labor abuses in their supply chains

Brazilian labor prosecutors have filed lawsuits against five firms over labor abuses in their supply chains, with grain trader Cargill and meatpacker JBS among

Brazilian authorities sue Cargill, JBS for labor abuses in their supply chains
Business|Economy|Finance|Stock Markets

Ford raises profit outlook for 2026 despite nagging aluminum supply costs

Ford Motor lifted its annual guidance on Wednesday by $500 million, aided by significant tariff refunds, but said it still faces rising materials costs as

Ford raises profit outlook for 2026 despite nagging aluminum supply costs
Business|Economy|Finance|Political|World

BOJ locks in June rate hike in a risky bet that nothing gets worse

The Bank of Japan effectively committed to a June rate hike this week as it talked up the risks of an inflation overshoot, a gambit that rests on a shaky

BOJ locks in June rate hike in a risky bet that nothing gets worse
Business|Economy|Entertainment|Food|World

Mexican tequila giant Becle's profits slump below forecasts on US drag

Mexico's Becle, the world's largest tequila maker, reported on Wednesday a 67% slump in its net profit during the first quarter, missing analyst

Mexican tequila giant Becle's profits slump below forecasts on US drag
Economy|Finance|Political|US|World

US seeks international help to reopen Strait of Hormuz as crude prices surge

The U.S. is pushing for other countries to form an international coalition to restore freedom of navigation in the Strait of Hormuz,

US seeks international help to reopen Strait of Hormuz as crude prices surge
Business|Economy|Europe|World

UK firms' worries about economy rise by most since 2020, Lloyds survey shows

British businesses' confidence about the economic outlook fell this month by the most since April 2020 although their assessment of their own prospects was less downbeat,

UK firms' worries about economy rise by most since 2020, Lloyds survey shows
Business|Economy|Europe|Finance|World

Bank of England set to hold rates as Iran war clouds outlook

The Bank of England looks set to keep interest rates on hold on Thursday as it awaits the economic fallout from the Iran war and investors will be on

Bank of England set to hold rates as Iran war clouds outlook
Business|Economy|Finance|Stock Markets|Technology

Amazon tops cloud expectations on strong AI demand, shares rise

Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies

Amazon tops cloud expectations on strong AI demand, shares rise
Business|Economy|Political|US|World

White House official to visit Venezuela to meet energy, mining executives

U.S.

White House official to visit Venezuela to meet energy, mining executives
Business|Economy|Technology

GM earmarks over $1 billion toward gas-engine output in US, Canada

General Motors is investing about $1.4 billion in three U.S. factories and one Canadian plant that produce gas engines, transmissions and metal castings,

GM earmarks over $1 billion toward gas-engine output in US, Canada
Business|Economy|Political|US|World

Senators propose legislation to tighten US ban on Chinese vehicles

Two U.S. senators on Wednesday introduced legislation to toughen a U.S. government ban on Chinese automakers from entering the American market, weeks before President

Senators propose legislation to tighten US ban on Chinese vehicles
Business|Economy|Technology|World

Samsung chip profit jumps almost 50-fold; supply shortage to worsen in 2027

Samsung Electronics on Thursday reported record quarterly profit driven by a 49-fold jump in chip income, saying it expects a severe supply

Samsung chip profit jumps almost 50-fold; supply shortage to worsen in 2027
Business|Economy|MidEast|US|World

US seeks new coalition to get ships moving again in Hormuz, internal cable says

President Donald Trump's administration is seeking the participation of other countries to form an international coalition to restore freedom of

US seeks new coalition to get ships moving again in Hormuz, internal cable says
Business|Economy|Finance|US

Spirit Airlines says rescue hearing delayed as talks continue

Spirit Airlines said no bankruptcy court hearing will take place on Thursday as discussions over the terms of a potential $500 million U.S.

Spirit Airlines says rescue hearing delayed as talks continue
Americas|Business|Economy|Education|Political|World

Brazil's Lula suffers heavy defeat as Senate rejects Supreme Court nominee

Brazil's Senate on Wednesday rejected the nomination of Solicitor General Jorge Messias for an open seat on the Supreme Court, making President Luiz

Brazil's Lula suffers heavy defeat as Senate rejects Supreme Court nominee
Business|Economy|Finance|Stock Markets|Technology

SoftBank plans to list AI and robotics firm Roze in US, FT reports

Japan's SoftBank Group plans to create and list an AI and robotics company called Roze in the U.S. that will be involved in building data centres, the Financial Times reported on

SoftBank plans to list AI and robotics firm Roze in US, FT reports
Business|Economy|Technology

Anthropic weighs new funding round at valuation exceeding $900 billion, Bloomberg News reports

Artificial intelligence startup Anthropic is weighing raising funds in a new round that would value the Claude maker at more than $900 billion, Bloomberg News reported on

Anthropic weighs new funding round at valuation exceeding $900 billion, Bloomberg News reports
Australia|Business|Economy|Finance|Stock Markets

Australia's Woolworths shares plunge nearly 10% as grocer trims food earnings outlook

Australia's Woolworths warned that fiscal 2026 domestic food segment earnings growth would no longer reach the upper end of the range due to fuel price pressures and customer

Australia's Woolworths shares plunge nearly 10% as grocer trims food earnings outlook
Asia|Business|Economy|Environment|World

Surprise fall in Japan's factory output as Iran war takes toll on petroleum-based products

Japan's factory output unexpectedly fell in March as production tumbled for a range of chemical and petroleum-based goods, data showed on

Surprise fall in Japan's factory output as Iran war takes toll on petroleum-based products
Business|Economy|Finance|Stock Markets|World

ASX names insider Darren Yip as interim CEO; shares rise

Australian bourse operator ASX said on Thursday it has appointed insider Darren Yip as its interim chief executive officer, effective May 29.

ASX names insider Darren Yip as interim CEO; shares rise
Business|Economy|Finance|Science|Stock Markets|Technology|US

Meta shares fall on concerns over AI spending, legal scrutiny

Meta Platforms raised its annual capital spending forecast on Wednesday, signaling plans to pour billions more into artificial intelligence

Meta shares fall on concerns over AI spending, legal scrutiny
Business|Economy|World

Powell plans to remain on Fed board, cites legal actions by Trump administration

Jerome Powell plans to remain on the board of the Federal Reserve after his term as chair ends next month “for an undetermined period of time,” saying the “unprecedented” legal attacks by the Trump administration have put the independence of the nation’s central bank at risk

Powell plans to remain on Fed board, cites legal actions by Trump administration
Business|Economy|World

How the UAE's OPEC exit could affect its trade ties with Saudi Arabia

The United Arab Emirates' withdrawal from

How the UAE's OPEC exit could affect its trade ties with Saudi Arabia
Business|Economy|Finance|Stock Markets|World

Wall Street ends mixed ahead of big tech earnings

Wall Street oscillated on Wednesday, as investors juggled spiking crude prices, the U.S.

Wall Street ends mixed ahead of big tech earnings
Business|Economy|Finance|Political|Stock Markets|Travel|US|World

US will deny visas to applicants who say they fear persecution at home

US will deny visas to applicants who say they fear persecution at home

US will deny visas to applicants who say they fear persecution at home
Business|Economy|Finance|Stock Markets|Technology

Carvana's first-quarter profit rises on used-car demand

Carvana reported a rise in first-quarter profit on Wednesday, as the online retailer benefited from sustained demand for preowned vehicles.

Carvana's first-quarter profit rises on used-car demand
Business|Economy|Finance|Stock Markets|US|World

US economy 'quite resilient', should keep growing above 2%, Fed's Powell says

Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. economy has been "quite resilient" in the face of the Iran war energy shock, and is likely to keep

US economy 'quite resilient', should keep growing above 2%, Fed's Powell says
Business|Economy|Finance|World

Powell era ends with rates on hold, Fed hawks on the rise and a vow to keep governor's seat warm

Federal Reserve Chair Jerome Powell closed out eight years as head of the U.S. central bank on Wednesday with interest rates on hold

Powell era ends with rates on hold, Fed hawks on the rise and a vow to keep governor's seat warm
Business|Economy

Powell says he won't be a shadow chair, would support Warsh where possible

U.S.

Powell says he won't be a shadow chair, would support Warsh where possible
Business|Economy|Environment|Finance|Political|World

The Latest: Trump rejects Iran’s latest proposal as Democrats confront Hegseth over war

Defense Secretary Pete Hegseth faced nearly six hours of questioning Wednesday from House lawmakers for the first time since President Donald Trump’s administration launched the war against Iran

The Latest: Trump rejects Iran’s latest proposal as Democrats confront Hegseth over war
Business|Economy|Finance|Stock Markets|Technology

Qualcomm rises on smartphone rebound hopes, data-center chip push

Qualcomm forecast third-quarter results below expectations, but CEO Cristiano Amon's upbeat comments on a recovery in its core

Qualcomm rises on smartphone rebound hopes, data-center chip push
Business|Economy|Finance|Stock Markets|Technology

Microsoft expects strong cloud business growth, plans record capital spending

Microsoft on Wednesday forecast that sales at its Azure cloud business would beat Wall Street estimates, and the software giant unveiled plans

Microsoft expects strong cloud business growth, plans record capital spending
Business|Economy|Finance|Stock Markets|Technology

Amazon tops cloud expectations on strong AI demand, shares dip

Amazon.com on Wednesday reported cloud sales growth above Wall Street expectations, driven by strong enterprise spending as companies

Amazon tops cloud expectations on strong AI demand, shares dip
Economy|Election|Political|US|World

Florida Republicans approve congressional map aimed at flipping four Democratic seats

Florida Republicans on Wednesday approved a new congressional map aimed at flipping four Democratic-held U.S.

Florida Republicans approve congressional map aimed at flipping four Democratic seats
Business|Economy|Finance|Stock Markets|Technology

EBay forecasts quarterly revenue above estimates on steady demand 

EBay on Wednesday forecast second-quarter revenue above Wall Street estimates, betting on listings of collectibles and motor accessories as well as live-streamed

EBay forecasts quarterly revenue above estimates on steady demand 
Business|Economy|Finance|Stock Markets|US

Starbucks customers are coming back. Profits haven't caught up yet

Starbucks posted its strongest quarterly

Starbucks customers are coming back. Profits haven't caught up yet
Business|Economy|Entertainment|Finance|Travel

MGM Resorts' quarterly profit misses estimates amid slower Las Vegas business

MGM Resorts International missed Wall Street expectations for first-quarter profit on Thursday, hurt by weaker performance of its Las Vegas businesses amid ongoing macroeconomic

MGM Resorts' quarterly profit misses estimates amid slower Las Vegas business
Business|Economy|Finance|Political|Stock Markets|US|World

US says first refunds from Trump tariffs expected around May 11

The Trump administration is expected to issue the first tariff refunds by around May 11, according to an order filed on Tuesday in the U.S.

US says first refunds from Trump tariffs expected around May 11
Business|Economy|Education|Environment|Political

Trump’s DEI purge reaches farm country? Women picked for soybean board all replaced by men

The Trump administration rejected all four women farmers chosen by their peers to represent them in an industry group called the United Soybean Board

Trump’s DEI purge reaches farm country? Women picked for soybean board all replaced by men
Business|Economy|Food

Chipotle reports surprise quarterly sales rise as menu refresh lifts demand

Chipotle Mexican Grill posted a surprise rise in first-quarter comparable sales on Wednesday, as the burrito chain's cheaper offerings and

Chipotle reports surprise quarterly sales rise as menu refresh lifts demand
Business|Economy|Finance|Stock Markets|World

Goldman says UAE's exit from OPEC raises medium-term oil supply upside risk

Goldman Sachs on Wednesday said the United Arab Emirates exit from OPEC poses a greater upside risk to oil supply over the medium term than in the short term.

Goldman says UAE's exit from OPEC raises medium-term oil supply upside risk
Business|Economy|Finance|Stock Markets|Technology

KLA Corp forecasts quarterly revenue above estimates on AI-linked demand

KLA Corp forecast quarterly revenue above estimates on Thursday, banking on strong demand for its chipmaking tools as semiconductor manufacturers ramp up

KLA Corp forecasts quarterly revenue above estimates on AI-linked demand
Business|Economy|Science|Technology|World

Key US senator to call for new efforts to prevent undersea cable sabotage

The chair of the Senate Foreign Relations Committee on Thursday will call for new efforts to address growing national security concerns over

Key US senator to call for new efforts to prevent undersea cable sabotage
Business|Economy|Finance|Stock Markets|World

Trading Day: Fed dissent, oil ascent

Oil surged toward $120 a barrel on Wednesday on deepening supply fears, while U.S. bond yields jumped and stocks stumbled after the Federal

Trading Day: Fed dissent, oil ascent
Business|Economy|World

Brazil central bank trims interest rates again, eyeing Iran conflict

Brazil's central bank cut interest rates by 25 basis points on Wednesday for a second straight meeting, leaving its next moves open

Brazil central bank trims interest rates again, eyeing Iran conflict
Business|Economy|Science|Technology

Alphabet revenue tops expectations on record quarter for cloud unit

Alphabet topped Wall Street estimates for quarterly revenue on Wednesday, as enterprise spending on artificial intelligence delivered the best

Alphabet revenue tops expectations on record quarter for cloud unit
Business|Economy|Entertainment

Mattel tops quarterly sales estimates on steady toy demand, entertainment push

Mattel beat Wall Street estimates for quarterly sales on Wednesday, benefiting from resilient demand for toys and growth in its entertainment business.

Mattel tops quarterly sales estimates on steady toy demand, entertainment push
Business|Economy|Technology

LinkedIn's AI hiring agents on track for $450 million in yearly revenue 

LinkedIn, the social network for professionals owned by Microsoft, on Wednesday said that its hiring products using what is known as agentic AI

LinkedIn's AI hiring agents on track for $450 million in yearly revenue 
Business|Economy|Finance|Stock Markets|World

Fed sees three dissents over an 'easing bias.' What's that?

More Federal Reserve officials dissented against Wednesday's U.S. central bank policy decision and statement than at any of their interest-rate-setting meetings in

Fed sees three dissents over an 'easing bias.' What's that?
Business|Economy|Science|Technology

On witness stand, Elon Musk accuses Sam Altman's lawyer of trying to trick him

By Deepa Seetharaman and Max A.

On witness stand, Elon Musk accuses Sam Altman's lawyer of trying to trick him
Business|Economy|US

Powell to remain at Fed amid legal 'battering' by Trump administration

By Michael S.

Powell to remain at Fed amid legal 'battering' by Trump administration
Business|Economy|Entertainment|Finance|Science|Stock Markets|Technology|World

Meta beats revenue expectations, boosts capital spending forecast for 2026

Meta Platforms Inc. reports strong first-quarter results, surpassing expectations with significant earnings growth, but the stock slipped in after-hours trading

Meta beats revenue expectations, boosts capital spending forecast for 2026
Business|Economy|MidEast|Political|US|World

Hegseth faces withering questions about Iran in first congressional appearance since war began

Defense Secretary Pete Hegseth faced withering questioning in his first appearance before Congress since the Trump administration went to war against Iran

Hegseth faces withering questions about Iran in first congressional appearance since war began
Business|Economy|Technology

Amazon reports increased 1Q profits and net sales fueled by cloud computing demand

Amazon is reporting increased profits and net sales during its fiscal first quarter, helped by surging growth in its prominent cloud computing unit

Amazon reports increased 1Q profits and net sales fueled by cloud computing demand
Business|Economy|Science|Technology

Musk lays out his souring relationship with OpenAI in a second day of testimony

Musk lays out his souring relationship with OpenAI in a second day of testimony

Musk lays out his souring relationship with OpenAI in a second day of testimony
Business|Economy|Finance|Science|Stock Markets|Technology

Alphabet's first-quarter profit soars as Google's big AI bets help push stock to new highs

Google’s transition into the era of artificial intelligence continued to pay off for its corporate parent, Alphabet Inc., which on Wednesday announced another quarter of the stellar growth that helped to more than double its already lofty market value during the past year

Alphabet's first-quarter profit soars as Google's big AI bets help push stock to new highs
Business|Economy|Environment|Health|US|World

Texas tornado leaves 5 injured, buildings collapsed and homes without roofs

Officials have confirmed a tornado with winds of at least 120 mph tore through a small Texas city where manufacturing buildings got flattened and roofs were torn from homes

Texas tornado leaves 5 injured, buildings collapsed and homes without roofs
Business|Economy|Environment|Stock Markets|World

Oil prices keep spurting higher, but US stocks hold near their records

More jumps for oil prices sent tremors through the bond market, along with hints that some Federal Reserve officials don’t want to cut interest rates any time soon

Oil prices keep spurting higher, but US stocks hold near their records
Business|Economy|Education|Election|Finance|Political|Sports|Stock Markets|US|World

Florida legislature approves new congressional map intended to boost Republicans in midterms

Republicans have scored another victory in the nationwide redistricting battle

Florida legislature approves new congressional map intended to boost Republicans in midterms
Business|Economy|Education|Environment|Lifestyle

City of Birmingham works to improve walkability with $10 million grant easing pedestrian frustration

City of Birmingham works to improve walkability with $10 million grant easing pedestrian frustration

City of Birmingham works to improve walkability with $10 million grant easing pedestrian frustration
Business|Economy|Finance|Stock Markets|Technology

Only Elon Musk can fire Elon Musk from SpaceX, filing shows

SpaceX is telling investors that no one can fire Elon Musk from his role as chief executive and chairman of the board without the

Only Elon Musk can fire Elon Musk from SpaceX, filing shows
Business|Economy|Finance|Stock Markets

Vulcan Materials beats revenue estimates on strong demand for construction materials

April 29 - Vulcan Materials beat Wall Street expectations for first-quarter revenue on Wednesday, helped by strong demand for its construction materials, such as crushed stone, sand and gravel.

Vulcan Materials beats revenue estimates on strong demand for construction materials
Business|Economy|Finance|Stock Markets|US

Avis Budget heads for sixth straight day of declines after quarterly loss

Shares of Avis Budget were on track for a sixth straight session of declines on Wednesday after the car-rental firm reported a second consecutive quarterly loss and a major

Avis Budget heads for sixth straight day of declines after quarterly loss
Business|Economy|Environment|Finance|Food|Health|Technology|US

Walmart opens third U.S. milk processing facility with $350 million investment

Walmart has opened its third milk processing facility in the United States with a more than $350 million investment, it said on Wednesday, adding to a decade-long effort to

Walmart opens third U.S. milk processing facility with $350 million investment
Economy|Environment|Science|Technology|World

US to give $100 million to repair damaged Chornobyl nuclear shelter, Kyiv says

The U.S. will give $100 million towards repairs of the vast radiation containment dome at the Chornobyl plant in northern Ukraine, site of the world's worst atomic accident

US to give $100 million to repair damaged Chornobyl nuclear shelter, Kyiv says
Business|Economy|Finance|Stock Markets

How consumer interest rates have changed during Jerome Powell’s tenure leading the Fed

How consumer interest rates have changed during Jerome Powell’s tenure leading the Fed

How consumer interest rates have changed during Jerome Powell’s tenure leading the Fed
Business|Economy|Environment|Finance|Stock Markets|Technology|World

Alphabet investors push for safeguards on use of its cloud, AI tech

A group of Alphabet shareholders are pressing the company to explain how it governs and controls the use of its technology and cloud services by

Alphabet investors push for safeguards on use of its cloud, AI tech
Arts|Business|Economy|Entertainment|Finance|Stock Markets

Universal Music to sell half its Spotify stake for buybacks, Q1 hit by weak dollar

By Leo Marchandon April 29 - Universal Music Group said on Wednesday it would sell half of its equity stake in Spotify and double its share buyback programme, as it reported first-quarter revenue held

Universal Music to sell half its Spotify stake for buybacks, Q1 hit by weak dollar
Economy|Finance|World

U.S. war in Iran has cost $25 billion so far, says Pentagon official

The United States' war in Iran has cost $25 billion so far, a senior Pentagon official said on Wednesday, providing the first official estimate of the military's price

U.S. war in Iran has cost $25 billion so far, says Pentagon official
Economy|MidEast|Political|World

Pentagon's Hegseth defends Iran war, says it is not a quagmire

U.S.

Pentagon's Hegseth defends Iran war, says it is not a quagmire
Business|Economy|Environment|Political|World

UAE oil break exposes deepening Saudi rift as Gulf power shifts

The United Arab Emirates' decision to quit OPEC and OPEC+ has brought years of tensions with Saudi Arabia out into the open, marking a strategic break with

UAE oil break exposes deepening Saudi rift as Gulf power shifts
Business|Economy|Finance|World

Brazil creates more formal jobs than expected in March

Brazil's economy created a net 228,208 formal jobs in March, data from the Labor Ministry showed on Wednesday, more than the 150,000 expected by economists in a Reuters

Brazil creates more formal jobs than expected in March
Business|Economy|US|World

Powell says decision to stay on at Fed for a time reflects his concern over legal attacks

Federal Reserve Chair Jerome Powell said that he will leave the U.S. central bank when "I think it's appropriate to do so," and said that this reflects his concern

Powell says decision to stay on at Fed for a time reflects his concern over legal attacks
Business|Economy|Finance|Political|Stock Markets|World

Traders see the Fed on hold for now, and a rate hike next year

The Federal Reserve will not cut interest rates this year, and traders of short-term U.S. interest-rate futures are now betting the U.S. central bank will raise in the first half

Traders see the Fed on hold for now, and a rate hike next year
Business|Economy|Environment|World

Oil majors eye resurgent Canadian energy in wake of Middle East upheaval

Canada's oil and gas producers are drawing renewed interest from global energy majors as the Middle East

Oil majors eye resurgent Canadian energy in wake of Middle East upheaval
Business|Economy|Environment|Finance|World

US oil stocks plummet, country becomes net crude exporter on weekly basis for first time, EIA says

The United States became a net exporter of crude for the first time since World War Two as the country shipped a record volume of oil

US oil stocks plummet, country becomes net crude exporter on weekly basis for first time, EIA says
Business|Economy|Political|US|World

Fed chief nominee Warsh clears key hurdle toward Senate confirmation vote

Kevin Warsh, U.S.

Fed chief nominee Warsh clears key hurdle toward Senate confirmation vote
Economy|Europe|Political|World

Hungary's Magyar says he had 'successful' talks on funds with EU's von der Leyen

Hungary's election winner Peter Magyar said he had "extremely constructive and successful" talks on Wednesday with European Commission President Ursula von der Leyen on

Hungary's Magyar says he had 'successful' talks on funds with EU's von der Leyen
Business|Economy|Finance|Political|World

UN candidate Grynspan says world body must do 'less with less'

The United Nations is facing a critical moment with its financial sustainability under threat and it should do "less with less", Costa Rica's Rebeca Grynspan

UN candidate Grynspan says world body must do 'less with less'
Business|Economy|Environment|Finance|World

US extends deadline on talks over Lukoil assets to May 30

The U.S.

US extends deadline on talks over Lukoil assets to May 30
Business|Economy|Health|World

CMS extends application deadlines for Medicaid drug pricing model

The U.S.

CMS extends application deadlines for Medicaid drug pricing model
Business|Economy|Environment|World

OPEC+ likely to agree another oil output hike without UAE, sources say

OPEC+ will likely agree a small oil output quota hike on Sunday despite the loss of the lion's share of its exports due to the U.S.-

OPEC+ likely to agree another oil output hike without UAE, sources say
Business|Economy|Environment|Europe|Finance|Sports|Stock Markets|Technology|World

Porsche adds Middle East to list of problems as first-quarter profit falls

German sports car maker Porsche saw its profit erode further in the first quarter of 2026 as it doubles down on cost-cutting to deal with mounting

Porsche adds Middle East to list of problems as first-quarter profit falls
Crime|Economy|Europe|Political|World

Ukraine asks Israel to seize vessel it says is carrying grain stolen by Russia

Ukraine has asked Israel to seize a vessel carrying grain it says was stolen from areas occupied by Russia, its top prosecutor said on Wednesday, amid a

Ukraine asks Israel to seize vessel it says is carrying grain stolen by Russia
Business|Economy|Finance|Stock Markets|World

Oil prices settle at multi-week highs as global supply worries mount

Oil prices surged over 6% on Wednesday to settle at their highest in weeks, as deadlocked U.S.-Iran negotiations made investors more concerned

Oil prices settle at multi-week highs as global supply worries mount
Economy|Environment|Health|Political|World

More than 1 million in Lebanon expected to face acute food insecurity, hunger monitor says

More than 1 million people in Lebanon are expected to face a food insecurity crisis in the months ahead as a result of renewed conflict

More than 1 million in Lebanon expected to face acute food insecurity, hunger monitor says
Asia|Business|Economy|Finance|Stock Markets|Technology|World

Oil soars, US stocks end muted on Iran worries with earnings, Fed in focus

Oil prices soared on worries about prolonged supply disruption due to the Middle East war while Wall Street's stock indexes

Oil soars, US stocks end muted on Iran worries with earnings, Fed in focus
Economy|Finance|MidEast|Political|Stock Markets|US|World

Trump urges Iran to sign a deal and discusses prolonged blockade

Donald Trump discussed how to mitigate the impact of a possible months-long U.S. blockade of Iran's ports with U.S. oil companies, a White

Trump urges Iran to sign a deal and discusses prolonged blockade
Business|Economy|Finance|World

Iran's rial currency hits record low as a shaky ceasefire with the US and Israel holds

Iran’s national rial currency has hit a record low of 1.8 to the dollar as a shaky ceasefire with the U.S. and Israel holds

Iran's rial currency hits record low as a shaky ceasefire with the US and Israel holds
Business|Economy|Finance|Stock Markets|US

Phillips 66 posts surprise profit on higher refining margins

Phillips 66 posted a surprise first-quarter adjusted profit on Wednesday, as strong refining margins and higher capacity utilization helped

Phillips 66 posts surprise profit on higher refining margins
Business|Economy|Finance|Stock Markets|World

Russia’s economy shows first quarterly contraction in three years

The Russian economy contracted by 0.3% in the first quarter, marking its first quarterly contraction since early 2023, preliminary

Russia’s economy shows first quarterly contraction in three years
Business|Economy|Finance|Stock Markets|US

Pershing Square's shares start trading at $24 in NYSE debut

Pershing Square's shares opened at $24 in their New York Stock Exchange debut on Wednesday, as investors buy into billionaire activist Bill Ackman's alternative asset management

Pershing Square's shares start trading at $24 in NYSE debut
Business|Economy|Finance|World

Dollar gains after Fed keeps rates unchanged and yen weakens past 160

The dollar strengthened against major currencies on Wednesday after the U.S.

Dollar gains after Fed keeps rates unchanged and yen weakens past 160
Business|Economy|Finance|Stock Markets|Technology

PayPal makes Venmo a separate unit as CEO Lores looks to boost growth

PayPal said on Wednesday it would reorganize its business into three operating units, including a separate Venmo-focused division, as new CEO Enrique Lores simplifies the payments

PayPal makes Venmo a separate unit as CEO Lores looks to boost growth
Business|Economy|Political|World

Trump sees blockade extension as best option for forcing Iran back to the negotiating table

Trump sees blockade extension as best option for forcing Iran back to the negotiating table

Trump sees blockade extension as best option for forcing Iran back to the negotiating table
Business|Crime|Economy|Political|World

House takes step toward funding Homeland Security as White House warns money will 'soon run out'

The House has taken a crucial step toward funding the Department of Homeland Security

House takes step toward funding Homeland Security as White House warns money will 'soon run out'
Business|Economy|Finance|Technology|World

Elon Musk tells his side of OpenAI's beginnings in trial pitting him against CEO Sam Altman

Elon Musk took the stand for the second day Wednesday in the landmark trial that pits the world’s richest person against Sam Altman, a fellow OpenAI co-founder he accuses of betraying promises to keep the company as a nonprofit dedicated to humanity’s benefit

Elon Musk tells his side of OpenAI's beginnings in trial pitting him against CEO Sam Altman
Americas|Business|Economy|Political|World

China calls US hypocritical for expressing concern over Panama's sovereignty

The U.S. State Department accused China of violating Panama’s sovereignty over a port dispute in the Central American nation, triggering another fierce back-and-forth on Wednesday as the Chinese government called the Trump administration hypocritical

China calls US hypocritical for expressing concern over Panama's sovereignty
Business|Economy|Finance|Stock Markets|US

Key takeaways from Powell’s last meeting as Fed chair

Key takeaways from Powell’s last meeting as Fed chair

Key takeaways from Powell’s last meeting as Fed chair
Business|Crime|Economy|Finance|Technology

Three license plate reader cameras stolen near Highway 49

Three license plate reader cameras stolen near Highway 49

Three license plate reader cameras stolen near Highway 49
Business|Economy|Election|Environment|Finance|Political

Billionaire Tom Steyer wants to take on the rich in run for California governor

Billionaire climate activist Tom Steyer is selling himself as a class traitor in his bid for California governor

Billionaire Tom Steyer wants to take on the rich in run for California governor
Business|Economy|Environment|World

The Latest: Supreme Court hears arguments on ending legal protections for Haitian/Syrian migrants

The Supreme Court is weighing arguments over the Trump administration’s push to end legal protections for Haitians and Syrians as migrants fleeing war and natural disaster

The Latest: Supreme Court hears arguments on ending legal protections for Haitian/Syrian migrants
Business|Economy|Environment|Political|World

Takeaways: Supreme Court signals it will side with Trump on Haitian and Syrian migrants

Takeaways: Supreme Court signals it will side with Trump on Haitian and Syrian migrants

Takeaways: Supreme Court signals it will side with Trump on Haitian and Syrian migrants
Business|Economy|Environment

Democrats investigate as Trump OKs almost $2 billion in taxpayer money to end offshore wind projects

The Trump administration is spending nearly $2 billion to get energy companies to walk away from U.S. offshore wind projects

Democrats investigate as Trump OKs almost $2 billion in taxpayer money to end offshore wind projects
Business|Economy|Technology|Travel

Uber moves toward becoming an 'everything app' with hotel bookings powered by Expedia

Uber is expanding into a different side of the travel business

Uber moves toward becoming an 'everything app' with hotel bookings powered by Expedia
Business|Economy|Election|Finance|Political|US|World

Kevin Warsh is one step closer to top job at the Fed after Trump's pick approved by Senate committee

The Senate Banking Committee voted on party lines to approve Kevin Warsh as the next chair of the Federal Reserve, to replace Jerome Powell, a longtime target of President Donald Trump’s insults for not cutting borrowing costs as far as the president wanted

Kevin Warsh is one step closer to top job at the Fed after Trump's pick approved by Senate committee
Business|Economy|Environment|Political

Trump met with oil firms on possible months-long extension of Iran blockade

U.S.

Trump met with oil firms on possible months-long extension of Iran blockade
Business|Economy|Health|Technology

GE HealthCare cuts annual profit forecast as inflation, tariffs hit margins

Medical equipment maker GE HealthCare on Wednesday cut its full-year profit forecast on the back of inflation-driven cost pressures, sending its shares down about

GE HealthCare cuts annual profit forecast as inflation, tariffs hit margins
Business|Economy|Environment|Finance|Travel|World

Aircraft lessor AerCap says prolonged high oil prices could bring opportunities

The head of the world's largest aircraft leasing company, AerCap, said on Wednesday that higher fuel prices have had little impact on the sector so far,

Aircraft lessor AerCap says prolonged high oil prices could bring opportunities
Business|Economy|World

Bank of Canada lifts growth forecasts for 2026 and 2027

The Bank of Canada on Wednesday slightly lifted its growth forecasts for 2026 and 2027 on the assumption that U.S. tariffs remain unchanged and oil prices gradually

Bank of Canada lifts growth forecasts for 2026 and 2027
Business|Economy|Fashion and Beauty|Finance|Sports|Stock Markets|US

Lululemon Athletica founder Wilson raises doubts on new CEO pick amid proxy battle

Lululemon Athletica founder Chip Wilson raised concerns about the struggling athletic-wear maker's appointment of ex-Nike executive

Lululemon Athletica founder Wilson raises doubts on new CEO pick amid proxy battle
Business|Economy|Finance|World

FULL TEXT- Bank of Canada leaves key interest rate unchanged

The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and

FULL TEXT- Bank of Canada leaves key interest rate unchanged
Business|Economy

FULL TEXT-Bank of Canada governor says rate changes will be small if forecasts hold

The Bank of Canada released the following statement by Governor Tiff Macklem on Wednesday: "Good morning.

FULL TEXT-Bank of Canada governor says rate changes will be small if forecasts hold
Business|Economy|Europe|Finance|World

German inflation accelerates to 2.9% in April as energy costs soar

German headline inflation picked up in April due to surging energy prices fuelled by the war in Iran, data showed on Wednesday, though a drop in core

German inflation accelerates to 2.9% in April as energy costs soar
Business|Economy|Finance|Stock Markets|Technology

MercadoLibre CEO flags loan‑book sales, plays down Venezuela expansion

MercadoLibre could sell parts of its fast-growing loan book to support its fintech business, its chief executive told Reuters, adding that

MercadoLibre CEO flags loan‑book sales, plays down Venezuela expansion
Business|Economy|Finance|World

Bank of Canada holds rates, says changes will be small if forecasts hold true

The Bank of Canada kept its key interest rate unchanged on Wednesday as expected and said any changes in the rate could be small if

Bank of Canada holds rates, says changes will be small if forecasts hold true
Business|Economy|Finance|Stock Markets|Technology

Wall Street extends losses after Fed decision, big tech earnings on tap

Wall Street moved lower on Wednesday, with spiking crude prices fanning inflation worries as the U.S.

Wall Street extends losses after Fed decision, big tech earnings on tap
Business|Economy|Political|World

Mexico to require federal projects to use local steel in response to US tariffs

Mexico's President Claudia Sheinbaum on Wednesday announced a rule that all federal work projects use steel from Mexican companies, after attempts to reach a deal to

Mexico to require federal projects to use local steel in response to US tariffs
Business|Economy|Finance|Stock Markets|World

Mexico's Walmex aims to recover sales pace after soft Q1, CEO says

Walmart's Mexico and Central America unit is aiming to recover sales speed after reporting results in the first quarter that

Mexico's Walmex aims to recover sales pace after soft Q1, CEO says
Business|Economy|Finance|World

Fed likely to hold rates steady at what may be last meeting of Powell era

The Federal Reserve is expected to hold interest rates steady on Wednesday as officials debate whether to flag risks of rising inflation in a

Fed likely to hold rates steady at what may be last meeting of Powell era
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets|World

Estee Lauder considers bid for Puig at 18-19 euros per share, source says

Cosmetics giant Estee Lauder is considering launching a takeover bid for all of Puig's Class B shares at 18 to 19 euros ($21 to $22.20) a share, said a source close to the matter.

Estee Lauder considers bid for Puig at 18-19 euros per share, source says
Business|Economy|Finance|Stock Markets|US

AI-related spending propels US core capital goods orders in March

New orders for key U.S.-manufactured capital goods increased by the most in nearly six years in March while their shipments rose solidly, suggesting

AI-related spending propels US core capital goods orders in March
Business|Economy|World

US sanctions on China's Hengli mark escalation in Iran oil crackdown

The U.S.

US sanctions on China's Hengli mark escalation in Iran oil crackdown
Business|Economy|Finance|Political

Powell's tenure as Fed chief, bookended by Trump, draws to a close

On a chilly spring day in 2017, Jerome Powell made a six-hour round trip by car through heavy mountain fog from Washington to West Virginia

Powell's tenure as Fed chief, bookended by Trump, draws to a close
Business|Economy|Finance|Stock Markets|US

US mortgage rates tick up to 6.37%, MBA says

U.S. mortgage rates rose last week for the first time in a month, with the average 30-year fixed-rate mortgage up 2 basis points to 6.37% for the

US mortgage rates tick up to 6.37%, MBA says
Business|Crime|Economy|Environment|Europe|Fashion and Beauty|Technology|World

French regulator says most e-commerce platform products it tested breach EU rules

France's consumer protection authority said on Wednesday that three‑quarters of the products it tested from major e‑commerce platforms last year

French regulator says most e-commerce platform products it tested breach EU rules
Business|Economy|Finance|Food|Technology

Taco Bell-parent Yum tops quarterly estimates as value deals fuel demand

Yum Brands beat Wall Street estimates for first-quarter same-store sales growth and profit on Wednesday, as the company's push to sell cheaper meal options

Taco Bell-parent Yum tops quarterly estimates as value deals fuel demand
Business|Economy|Finance|World

India economy resilient but faces rising risks from Mideast war, government report says

India's economy remains resilient but faces mounting risks from the Middle East conflict, which has disrupted supplies of

India economy resilient but faces rising risks from Mideast war, government report says
Business|Crime|Economy|Environment|Health|World

Women paid the highest price in Jakarta train tragedy

When Harum Anjarsari's husband finally got through to her phone, he did not hear her, but instead, rescue workers who said they pulled the device from

Women paid the highest price in Jakarta train tragedy
Business|Economy|Finance|US

In one state, voters will get to decide whether to eliminate the income tax. Will more follow?

Do you prefer to pay income taxes or sales taxes

In one state, voters will get to decide whether to eliminate the income tax. Will more follow?
Business|Economy|Finance|Stock Markets|US

General Dynamics shares surge after raising 2026 profit guidance

General Dynamics on Wednesday lifted its annual profit forecast and beat Wall Street estimates for first-quarter profit and revenue, driven by

General Dynamics shares surge after raising 2026 profit guidance
Business|Economy|Environment|World

Bunge lifts 2026 outlook on strong crush margins, biofuel demand

U.S. agribusiness Bunge Global raised its full-year adjusted profit forecast on Wednesday, citing strong oilseed processing margins and an improved

Bunge lifts 2026 outlook on strong crush margins, biofuel demand
Business|Economy|Finance|MidEast|World

Iran's rial drops to record low as ceasefire prompts rush for hard currency

Iran's currency dropped to a record low of 1,810,000 rials to the U.S. dollar on Wednesday, the Iranian Student News Agency (ISNA) said, as demand for foreign exchange that

Iran's rial drops to record low as ceasefire prompts rush for hard currency
Business|Economy|Europe|Political|Technology|World

Italy's Fincantieri and KAYO to work together on strengthening Albania's navy

Italian shipbuilder Fincantieri and Albania's KAYO have set up a joint venture to build and maintain vessels in Albania, which is seeking to modernise its military

Italy's Fincantieri and KAYO to work together on strengthening Albania's navy
Business|Economy|World

US goods trade deficit widens in March as imports rise sharply

The U.S. trade deficit in goods widened more than expected in March as a rise in imports outpaced exports, suggesting that trade was likely a drag on economic growth

US goods trade deficit widens in March as imports rise sharply
Business|Economy|Political|World

Russia to remain in OPEC+, hopes UAE exit does not spell end of group

Russia plans to stay in OPEC+ despite a decision by the United Arab Emirates to leave, the Kremlin said on Wednesday, expressing

Russia to remain in OPEC+, hopes UAE exit does not spell end of group
Business|Economy|Finance|Health|Science|Technology|World

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline

AbbVie on Wednesday reported better-than-expected quarterly revenue and profit, fueled by demand for newer immunology drugs Skyrizi and

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline
Business|Economy|Finance|Stock Markets

Wall St mixed at open ahead of Big Tech earnings, Fed meeting

Wall Street's main indexes were mixed at the open on Wednesday as investors treaded carefully ahead of several Big Tech earnings reports and a Federal Reserve meeting expected to

Wall St mixed at open ahead of Big Tech earnings, Fed meeting
Business|Economy

US single-family housing starts jump to 13-month high in March

U.S. single-family homebuilding increased to a 13-month high in March, but the improvement was likely a blip as permits for future construction fell sharply and

US single-family housing starts jump to 13-month high in March
Business|Economy|Europe|Finance|Sports|Stock Markets

Adidas gets World Cup boost in 'very volatile' market

Adidas on Wednesday reported stronger than expected first-quarter operating profit and sales, helped by early demand for World Cup soccer products

Adidas gets World Cup boost in 'very volatile' market
Business|Economy|Finance|Stock Markets|World

Ackman's Pershing Square fund shares drop in hotly anticipated debut

Billionaire investor Bill Ackman launched his new Pershing Square USA closed-end fund on the New York Stock Exchange on Wednesday,

Ackman's Pershing Square fund shares drop in hotly anticipated debut
Business|Economy|Health

Humana's unchanged forecast after quarterly beat underwhelms market

Humana on Wednesday beat quarterly earnings estimates due to tighter control over medical costs, but kept its annual adjusted profit forecast

Humana's unchanged forecast after quarterly beat underwhelms market
Business|Economy|Finance|Stock Markets|World

Brown‑Forman shares slump as deal talks with French spirits group Pernod collapse

Shares of Brown-Forman dropped 10% in early trading on Wednesday after the Jack Daniel's whiskey maker and France's Pernod Ricard scrapped their merger talks,

Brown‑Forman shares slump as deal talks with French spirits group Pernod collapse
Economy|Environment|Health|Political|Science

Dozens of cancer cases in N.J. could be linked to contaminants at former landfill

Dozens of cancer cases in N.J. could be linked to contaminants at former landfill

Dozens of cancer cases in N.J. could be linked to contaminants at former landfill
Economy|Health|Opinion

Trump’s Medicaid fraud crackdown may sound sensible, but it could harm Americans who require long-term care

When a home healthcare aide doesn’t show up, the consequences are immediate and can be dire.

Trump’s Medicaid fraud crackdown may sound sensible, but it could harm Americans who require long-term care
Business|Economy|Education|Health

Thousands of employed Colorado workers need SNAP benefits to make ends meet

Colorado’s minimum wage has increased, but not nearly enough to cover the rising cost of food.

Thousands of employed Colorado workers need SNAP benefits to make ends meet
Asia|Business|Economy|Finance|Stock Markets|World

China's largest lenders' first-quarter profit up over 3%, sour loan ratios steady

Five of China's largest lenders reported net profit growth over 3% in the first quarter of this year on Wednesday, as bad debt ratios

China's largest lenders' first-quarter profit up over 3%, sour loan ratios steady
Arts|Business|Economy|Environment|Political

US judge to weigh preservation groups' bid to stop Trump's Kennedy Center overhaul

A coalition of historic preservation and architecture groups will ask a judge on Wednesday to halt plans by President Donald Trump’s administration

US judge to weigh preservation groups' bid to stop Trump's Kennedy Center overhaul
Business|Economy|Finance|Stock Markets|World

Whirlwind Wednesday

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Today marks the apex of a packed week of events, with the Federal

Whirlwind Wednesday
Business|Economy|Europe|Stock Markets

Volvo Cars aims to retain premium pricing as US tariffs pile on pressure

Volvo Cars said on Wednesday that it had underestimated the impact of scrapped U.S.

Volvo Cars aims to retain premium pricing as US tariffs pile on pressure
Business|Economy|World

Spot crude premiums ease from record highs despite Hormuz closure

Spot premiums for physical crude have slipped from record highs reached earlier during the Iran war as refiners are

Spot crude premiums ease from record highs despite Hormuz closure
Business|Economy|Entertainment|Finance|Food|Lifestyle|Stock Markets

Starbucks shares rise as Niccol-led turnaround draws customers back

By Akriti Shah and Juveria Tabassum April 29 - Starbucks shares rose 5% on Wednesday after the world's largest coffee chain raised its annual forecast, signaling that CEO Brian Niccol's turnaround

Starbucks shares rise as Niccol-led turnaround draws customers back
Business|Economy|Finance|Stock Markets|Technology|World

Robinhood shares fall as crypto slump dents trading volume growth

Robinhood's shares plunged 11% on Wednesday, as crypto-driven market volatility dampened its first-quarter trading volume growth, leading

Robinhood shares fall as crypto slump dents trading volume growth
Economy|Europe|MidEast|Political|World

Germany's Merz says relations with Trump are good despite spat over Iran

German Chancellor Friedrich Merz said on Wednesday his relationship with U.S.

Germany's Merz says relations with Trump are good despite spat over Iran
Business|Economy|Finance|Stock Markets|Technology

Apple's new CEO Ternus likely to get earnings spotlight as strong results loom

Apple investors will be keen on getting a closer look at John Ternus as CEO of the iPhone maker on Thursday, when it reports quarterly results that

Apple's new CEO Ternus likely to get earnings spotlight as strong results loom
Business|Economy|Finance|Stock Markets|World

Blackstone's private credit fund sees investor demand cool in first quarter

April 29 - Blackstone's roughly $80-billion private credit fund BCRED faced weaker investor demand and rising redemption pressure in the first quarter as geopolitical volatility, concerns over AI and

Blackstone's private credit fund sees investor demand cool in first quarter
Business|Economy|Science|Technology

Inside SpaceX's IPO: Musk's most ambitious plan yet

In the days after the PayPal IPO in 2002, Elon Musk and company executives gathered at a Las Vegas casino to celebrate.

Inside SpaceX's IPO: Musk's most ambitious plan yet
Business|Economy|Finance|Stock Markets|Technology

Cognizant forecasts quarterly revenue below estimates on cautious IT spending

Cognizant Technology forecast quarterly revenue below Wall Street estimates on Wednesday, signaling cautious client spending on its

Cognizant forecasts quarterly revenue below estimates on cautious IT spending
Asia|Business|Economy|Finance|World

China's Shenzhen further eases homebuying curbs

Shenzhen, one of China's four first-tier cities, further relaxed restrictions for buying homes in the city in a bid to spur demand. 

China's Shenzhen further eases homebuying curbs
Business|Economy|Finance|Stock Markets|Technology

Online marketplace Etsy beats revenue estimates on steady demand

Online marketplace Etsy beat Wall Street expectations for first-quarter revenue on Wednesday, helped by growth in gross merchandise sales as more active buyers

Online marketplace Etsy beats revenue estimates on steady demand
Business|Economy|Europe|Political|World

Greece says it agreed with Qatar to deepen trade, energy and defence ties

Greece said on Wednesday it had agreed with Qatar to bolster cooperation in areas including trade, energy and defence, extending a deal first struck in 2024.

Greece says it agreed with Qatar to deepen trade, energy and defence ties
Business|Economy|Europe|Technology

Kone strikes $34 billion deal to buy TKE and create world's largest lift maker

Finnish lift maker Kone has agreed to buy German rival TK Elevator (TKE) in a deal worth 29.4 billion euros ($34.4 billion) that

Kone strikes $34 billion deal to buy TKE and create world's largest lift maker
Business|Economy|World

Taiwan tops Beijing's agenda for Trump-Xi summit

For 23 million Taiwanese, the most consequential diplomatic meeting of 2026 may be one to which they are not invited.

Taiwan tops Beijing's agenda for Trump-Xi summit
Business|Economy|Europe|Finance|Stock Markets|Technology|World

EU to seek feedback to merger rules overhaul from Thursday, antitrust chief says

EU regulators will seek feedback starting Thursday from interested parties to the first proposal to overhaul merger rules in more than two decades, which

EU to seek feedback to merger rules overhaul from Thursday, antitrust chief says
Business|Economy|MidEast|Political|World

UAE reviewing multilateral ties after OPEC exit but rules out more departures, official says

The United Arab Emirates is reassessing its role and contributions across multilateral organisations but is not considering any further withdrawals at this time, a UAE

UAE reviewing multilateral ties after OPEC exit but rules out more departures, official says
Business|Economy|Finance|Stock Markets|Technology

SoFi's unchanged 2026 forecast eclipses record results, shares fall

SoFi Technologies' shares fell 12% in early trading on Wednesday after the company left its 2026 revenue forecast unchanged, overshadowing record first-quarter

SoFi's unchanged 2026 forecast eclipses record results, shares fall
Business|Economy|Finance|Health|Stock Markets|Technology

Garmin posts upbeat quarterly results as demand for premium wearables holds up

Garmin posted first-quarter revenue and profit above Street expectations on Wednesday, buoyed by strong demand for advanced fitness wearables and steady growth in its aviation and

Garmin posts upbeat quarterly results as demand for premium wearables holds up
Business|Economy|Finance|Stock Markets|Technology

Visa shares climb as profit beat, raised forecast ease Middle East jitters

Visa shares jumped 5% in premarket trading on Wednesday as the payments-processing company beat estimates for second-quarter profit and lifted expectations for

Visa shares climb as profit beat, raised forecast ease Middle East jitters
Economy|Environment|Political|Technology|World

Another Russian oil facility burns as Zelenskyy touts Ukraine’s drone reach

Ukraine is claiming responsibility for a drone attack on a distant Russian oil facility

Another Russian oil facility burns as Zelenskyy touts Ukraine’s drone reach
Business|Economy|Science|Technology|World

Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launch, sources say

Demand for Huawei's Ascend 950 AI chips has surged following the release of DeepSeek's V4 artificial intelligence model that runs on the Shenzhen-based tech firm's chips,

Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launch, sources say
Business|Economy|World

Asian Development Bank cuts regional growth forecasts on impact of war in Middle East

The Asian Development Bank on Wednesday cut its economic growth forecast for the region to 4.7% this year and 4.8% next year, down from earlier projections of 5.1% for

Asian Development Bank cuts regional growth forecasts on impact of war in Middle East
Business|Economy|Finance|Stock Markets|World

Investors reload yen shorts in intervention test

Investors have built the biggest short yen position in nearly two years, selling the currency against the euro, Swiss franc,

Investors reload yen shorts in intervention test
Business|Economy|Finance|Stock Markets|World

European shares hit three-week low as earnings, data and Iran conflict weigh

European shares slid to a three-week low on Wednesday amid mixed corporate results and data pointing to the economic damage caused by the Iran war,

European shares hit three-week low as earnings, data and Iran conflict weigh
Business|Economy|Finance|Stock Markets|Technology|World

GKN Aerospace owner Melrose's quarterly revenue jumps; flags freight‑cost inflation

GKN Aerospace owner Melrose Industries reported an 11% jump in first-quarter revenue on Wednesday, supported by the strong performance of wide-body jets, engines, and its repairs

GKN Aerospace owner Melrose's quarterly revenue jumps; flags freight‑cost inflation
Business|Economy|Environment|Political|World

Trump meets with oil executives as Iran stalemate drags on, Axios reports

U.S.

Trump meets with oil executives as Iran stalemate drags on, Axios reports
Business|Economy|Technology|World

Taiwan's UMC sees headwinds, but predicts resilient demand and will raise prices

Taiwanese chipmaker UMC said on Wednesday that it continues to see resilient market demand despite headwinds from memory chip supply shortages and the impact of the Iran

Taiwan's UMC sees headwinds, but predicts resilient demand and will raise prices
Business|Economy|Finance|Stock Markets|Technology|US

Hyperscaler results pose major test for AI-driven US stock market 

A pivotal moment for the artificial intelligence trade driving the U.S. stock market to all-time highs arrives on Wednesday with quarterly reports

Hyperscaler results pose major test for AI-driven US stock market 
Business|Economy|Finance|Health|Stock Markets|US

Eli Lilly investors are eager for Foundayo insight after early launch data

Eli Lilly investors will be searching for something they won't find in any first-quarter financial figures reported on Thursday: insight into

Eli Lilly investors are eager for Foundayo insight after early launch data
Business|Economy|Europe|World

Ukraine war flips Sweden’s Hagglunds fortunes from layoffs to billions

The war in Ukraine has turned Sweden's defence industry into one of Europe's fastest-growing weapons hubs, a shift visible

Ukraine war flips Sweden’s Hagglunds fortunes from layoffs to billions
Economy|Finance|World

What the Fed has seen about the war's impact on the economy so far

Federal Reserve officials last met just over two weeks into the U.S.-led war on Iran and then had little data at their disposal beyond surging gasoline prices to

What the Fed has seen about the war's impact on the economy so far
Business|Economy|Finance|World

Bank of Canada to hold rates, assess oil shock impact on inflation, growth

The Bank of Canada is expected to keep its benchmark interest rate at 2.25% on Wednesday and update its inflation and growth forecasts after the oil

Bank of Canada to hold rates, assess oil shock impact on inflation, growth
Business|Economy|Finance|Stock Markets|World

London stocks fall as investors weigh mixed earnings; focus on Fed, BoE

British shares drifted lower on Wednesday as investors parsed a mixed bag of corporate earnings, with attention turning towards central bank decisions on both sides of the

London stocks fall as investors weigh mixed earnings; focus on Fed, BoE
Business|Economy|Environment|World

How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive

How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive

How traffic through the Strait of Hormuz shrank to a trickle – a visual deep dive
Economy|Political|US|World

Trump budget officials urge House Republicans to concede in DHS standoff

Trump budget officials urge House Republicans to concede in DHS standoff

Trump budget officials urge House Republicans to concede in DHS standoff
Economy|Environment|Health|World

A lifeline for Haiti could soon be severed by the US Supreme Court

A lifeline for Haiti could soon be severed by the US Supreme Court

A lifeline for Haiti could soon be severed by the US Supreme Court
Business|Economy|Finance|US|World

Will Jerome Powell stick around at the Fed? Here’s what insiders told us

Will Jerome Powell stick around at the Fed? Here’s what insiders told us

Will Jerome Powell stick around at the Fed? Here’s what insiders told us
Africa|Business|Economy|Finance|Stock Markets|World

Kenya economic growth steady at 4.6% in 2025, data shows

Kenya's economy grew 4.6% last year, little changed from 2024's 4.7% growth and below a finance ministry estimate, official data showed on Wednesday.

Kenya economic growth steady at 4.6% in 2025, data shows
Economy|Environment|Political|World

Most Swiss back initiative to cap population at 10 million, poll shows

A slim majority of Swiss are backing an upcoming referendum proposal to limit Switzerland's population to 10 million, and support for it is growing, an opinion poll showed

Most Swiss back initiative to cap population at 10 million, poll shows
Business|Economy|Finance|World

UK housing minister says government is not looking at rent controls

Britain's housing minister Steve Reed said the government was not looking at rent controls, following a report that a one-year freeze on rent increases was being

UK housing minister says government is not looking at rent controls
Africa|Business|Economy|World

Kenya's economy grew 4.6% in 2025, stats office says

Kenya's economy grew 4.6% in 2025, compared with 4.7% growth a year earlier, the statistics office said on Wednesday.

Kenya's economy grew 4.6% in 2025, stats office says
Economy|Political|Technology|World

China again touts benefits of union with Taiwan, Taipei rebuffs

Taiwan's economy would gain see unprecedented opportunities if it unites with China, Beijing said on Wednesday, stepping up a campaign to persuade Taipei to accept

China again touts benefits of union with Taiwan, Taipei rebuffs
Business|Economy|Political|US|World

KPMG to exit US federal audit business

Big Four firm KPMG is exiting its federal government audit business and will redeploy staff, a spokesperson said on Wednesday.

KPMG to exit US federal audit business
Business|Economy|Technology|World

Goldman cuts access to Anthropic's Claude for Hong Kong bankers, source says

Goldman Sachs has removed access to Anthropic's Claude for its bankers in Hong Kong, a source with direct knowledge of the situation said, as banks step up scrutiny of

Goldman cuts access to Anthropic's Claude for Hong Kong bankers, source says
Business|Economy|Finance|Technology

Cognizant to buy Astreya for about $600 million

Cognizant Technology has agreed to buy Astreya, an IT services and technology provider focused on AI infrastructure and data center

Cognizant to buy Astreya for about $600 million
Business|Economy|Europe|Finance|World

Inflation up in three German states in April, pointing to national increase

Inflation rose in three key German states in April, preliminary data showed on Wednesday, suggesting Germany's national inflation rate could increase

Inflation up in three German states in April, pointing to national increase
Business|Economy|Europe|Finance|World

Mercedes profit tumbles in Q1 on China competition, tariff pressures

Mercedes-Benz reported a sharp drop in operating profit at the start of 2026, a year set to bring higher raw material costs and further

Mercedes profit tumbles in Q1 on China competition, tariff pressures
Business|Economy|Europe|World

Italy consumer and business confidence plunge in April

Morale among Italian consumers and businesses fell steeply in April, data showed on Wednesday, boding ill for the prospects of the euro zone's third largest economy, among

Italy consumer and business confidence plunge in April
Business|Economy|Europe|Finance|Stock Markets|World

Euro zone economic confidence plunges, price pressures soar

Euro zone economic sentiment plunged to a three-and-a-half-year low this month as the Iran war hit the services sector hard and inflation continued to

Euro zone economic confidence plunges, price pressures soar
Business|Economy|Technology|World

US orders chip equipment companies to halt some shipments to China's No. 2 chipmaker Hua Hong

The U.S.

US orders chip equipment companies to halt some shipments to China's No. 2 chipmaker Hua Hong
Business|Economy|World

Chile's central bank holds benchmark rate, warns of risk from Middle East war

Chile's central bank on Tuesday held its benchmark interest rate at 4.5% in a unanimous decision, in line with expectations and marking its third consecutive decision to

Chile's central bank holds benchmark rate, warns of risk from Middle East war
Business|Economy|Finance|World

British finance minister Reeves says targeted steps needed to protect UK from war impact without lasting rate hit

British finance minister Rachel Reeves said on Tuesday the government needs to make targeted interventions to shield the economy from the impact of the U.S.-Israel war on Iran

British finance minister Reeves says targeted steps needed to protect UK from war impact without lasting rate hit
Business|Economy|Finance|Stock Markets|US

Bill Ackman's Pershing Square raises $5 billion for new US fund

Bill Ackman's Pershing Square has raised $5 billion for its new closed-end ‌fund that is part of a combined U.S. initial public offering of the alternative asset management

Bill Ackman's Pershing Square raises $5 billion for new US fund
Business|Economy|Health|Political|Science

US seeks new nominees for key preventive health panel

The U.S. Department of Health and Human Services, overseen by Secretary Robert F.

US seeks new nominees for key preventive health panel
Americas|Business|Economy|Finance|World

Brazilian regulator probes airlines LATAM, Gol over potential price alignment

Brazil's antitrust watchdog CADE opened an administrative proceeding to investigate possible price alignment between airlines LATAM and Gol in the domestic passenger

Brazilian regulator probes airlines LATAM, Gol over potential price alignment
Business|Economy|Finance|Stock Markets|World

Miner Vale posts 36% rise in Q1 profit on more sales, higher prices

Vale, one of the world's largest iron ore producers, on Tuesday posted a 36% increase in its first-quarter net profit as it boosted sales volumes and benefited from

Miner Vale posts 36% rise in Q1 profit on more sales, higher prices
Business|Economy|Political|World

US, allies back Panama's sovereignty in joint statement

The United States, Bolivia, Costa Rica, Guyana, Paraguay, and Trinidad and Tobago released a joint statement in support of Panama's sovereignty on Tuesday, saying recent actions

US, allies back Panama's sovereignty in joint statement
Business|Economy|World

Pernod Ricard and Jack Daniel's owner Brown-Forman end merger talks

Pernod Ricard and Brown-

Pernod Ricard and Jack Daniel's owner Brown-Forman end merger talks
Business|Economy|World

Panama Canal sees spike in vessel traffic due to war in Middle East

The Panama Canal Authority, an autonomous agency that runs the major freight channel through Central America, on Tuesday said the U.S.-Iran war in the Middle East

Panama Canal sees spike in vessel traffic due to war in Middle East
Business|Economy|Finance|Stock Markets|World

NIESR slashes UK growth forecast as Iran war and inflation hit economy

Britain's economy faces a sharp slowdown this year and in 2027 due to the Iran war, and inflation will stay above the Bank of England's target until 2028,

NIESR slashes UK growth forecast as Iran war and inflation hit economy
Business|Economy|Travel|World

Flight cancellations and high fuel prices help keep Chinese close to home for May holidays

Travel demand in China is expected to remain strong during the five‑day Labour Day holiday from May 1, with travellers

Flight cancellations and high fuel prices help keep Chinese close to home for May holidays
Business|Economy|Science|Technology

Taiwan's TSMC exits Arm with $231 million share sale

Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, has sold its remaining stake in Arm Holdings, according to a company filing

Taiwan's TSMC exits Arm with $231 million share sale
Business|Economy|Finance|World

Australia inflation jumps with worse to come, rate hike looms

Australian consumer prices surged in the first quarter as war in the Middle East drove up energy costs, while core inflation stayed uncomfortably high for

Australia inflation jumps with worse to come, rate hike looms
Business|Economy|Finance|World

New Zealand central banker says Q1 core inflation was stable within target band

New Zealand's top central banker on Wednesday said that measures of core inflation in the first quarter had remained stable within its target band of 1% to 3%, adding

New Zealand central banker says Q1 core inflation was stable within target band
Business|Economy|Finance|World

China's factory activity set to expand at a slower clip in April: Reuters poll 

China's factory activity likely grew at a slower pace in April as rising cost pressures stemming from the Middle East conflict test Beijing's reliance on manufacturing to

China's factory activity set to expand at a slower clip in April: Reuters poll 
Business|Economy|Technology|World

Inside Ukraine's drive to defeat the dreaded Shahed drone

In a foggy field in northeast Ukraine, four soldiers stare at red and yellow dots on a screen in the back of a van, armed with interceptor

Inside Ukraine's drive to defeat the dreaded Shahed drone
Business|Economy|Environment|Science|Technology

Elon Musk says OpenAI was his idea, before executives looted it  

Elon Musk took the stand on Tuesday at a high-stakes trial over the future of OpenAI, casting his lawsuit against the

Elon Musk says OpenAI was his idea, before executives looted it  
Business|Economy|Technology|World

South Korea exports seen rising sharply again in April on chip boom: Reuters poll

South Korean exports likely rose in April for an 11th straight month, with a surge in chip demand driven by artificial intelligence investment more than

South Korea exports seen rising sharply again in April on chip boom: Reuters poll
Business|Economy|Finance|US|World

Spirit Airlines' talks on $500 million US rescue financing stall, Bloomberg News reports

Spirit Airlines' discussions over a potential $500 million U.S. government rescue financing have hit an impasse, Bloomberg News reported on Tuesday, citing sources.

Spirit Airlines' talks on $500 million US rescue financing stall, Bloomberg News reports
Economy|Europe|Finance|Political|World

Kosovo set for another snap election after failure to elect president

Kosovo is set for another snap election after parliament failed to elect a new president on Tuesday, pitching Europe's youngest nation back into the thick of a political

Kosovo set for another snap election after failure to elect president
Business|Economy|Finance|Stock Markets|World

Fed sails into unchartered waters as Powell bows out

A look at the day ahead in European and global markets from Gregor Stuart Hunter It's Fed Day, and it looks increasingly certain that it will be Jerome Powell's curtain call as chair.

Fed sails into unchartered waters as Powell bows out
Business|Economy|Political|US|World

US wants curbs on China as a condition for paying UN dues, report says

The United States has set specific conditions for the release of billions of dollars it owes to the United Nations, such as more cost-cutting and moves to

US wants curbs on China as a condition for paying UN dues, report says
Crime|Economy|Political|US

Agents armed with search warrants keep focus on Minnesota in public fraud probe

Federal agents have served search warrants in Minnesota in an ongoing fraud investigation of publicly funded social programs for children

Agents armed with search warrants keep focus on Minnesota in public fraud probe
Business|Economy|Education|Entertainment|Lifestyle

Tracy Sturdivant, the Ms. Foundation's next leader, wants to expand the feminist funder's coalition

Tracy Sturdivant will succeed Teresa Younger as the next president and CEO of the Ms. Foundation, the first national philanthropy run by and for women

Tracy Sturdivant, the Ms. Foundation's next leader, wants to expand the feminist funder's coalition
Business|Economy|Education|Sports

NCAA’s March Madness field could grow to 76 teams for 2027 season

NCAA’s March Madness field could grow to 76 teams for 2027 season

NCAA’s March Madness field could grow to 76 teams for 2027 season
Business|Economy|Education|Election|Environment|Finance|Political

California candidates for governor tangle in messy TV debate with mail ballots about to go out

Eight candidates running to become governor of California have lobbed heated criticism at each other in a chaotic televised debate

California candidates for governor tangle in messy TV debate with mail ballots about to go out
Arts|Australia|Business|Economy|Political|Technology|World

Australia moves to tax Meta, Google and TikTok to fund newsrooms

Australia is proposing to tax digital giants Meta, Google and TikTok on a part of their revenue to pay for news reporters

Australia moves to tax Meta, Google and TikTok to fund newsrooms
Arts|Economy|Education|Environment|World

Young Palestinian artists in Gaza exhibit their impressions of war as a fragile ceasefire holds

Young Palestinian artists in Gaza have staged an impromptu exhibit to show the world the impact of war and the fragile ceasefire

Young Palestinian artists in Gaza exhibit their impressions of war as a fragile ceasefire holds
Business|Crime|Economy|Finance|Stock Markets|US|World

US soldier pleads not guilty to using intel on Maduro raid to win $400,000 on Polymarket

A U.S. special forces soldier has pleaded not guilty in federal court in New York to charges that he used classified information about the mission to capture former Venezuelan leader Nicolás Maduro to win more than $400,000

US soldier pleads not guilty to using intel on Maduro raid to win $400,000 on Polymarket
Business|Crime|Economy|US

Federal law enforcement raid businesses in Minnesota fraud investigation

Federal law enforcement raid businesses in Minnesota fraud investigation

Federal law enforcement raid businesses in Minnesota fraud investigation
Economy|Environment|Political|Science|World

High-level talks begin on moving away from fossil fuels at Colombia conference

Ministers and officials are gathered in Colombia for a high-level conference aimed at accelerating the shift away from fossil fuels, with financing emerging as a key challenge

High-level talks begin on moving away from fossil fuels at Colombia conference
Business|Economy|Environment|Political|World

UAE’s OPEC exit has been long in the works – and may mark the beginning of a Gulf realignment

The UAE and Saudi Arabia have long been at odds over oil policy. The latest move is also likely to further their broader regional rivalry.

UAE’s OPEC exit has been long in the works – and may mark the beginning of a Gulf realignment
Business|Economy|Political|Travel|US|World

Oakland, California, airport can use 'San Francisco' in name after settlement

San Francisco has settled a legal dispute with Oakland over the naming of its neighbor's airport

Oakland, California, airport can use 'San Francisco' in name after settlement
Economy|Environment|Political|US|World

Senate rejects attempt to end Trump's blockade of Cuba

Senate Republicans have rejected legislation from Democrats that would have required President Donald Trump to end the U.S. energy blockade on Cuba unless he receives approval from Congress

Senate rejects attempt to end Trump's blockade of Cuba
Arts|Business|Economy|Sports

NBA moves closer to anti-tanking measures with drastic change to draft lottery odds

The NBA has moved closer to a slightly expanded 16-team lottery, one that will flatten odds of winning the No. 1 pick and try to deter tanking by drastically lowering the chances of winning for the teams that finish with the three worst records

NBA moves closer to anti-tanking measures with drastic change to draft lottery odds
Crime|Economy|Europe|MidEast|Political|World

Ukraine accuses Israel of aiding Russian trade in stolen grain

Ukraine accuses Israel of aiding Russian trade in stolen grain

Ukraine accuses Israel of aiding Russian trade in stolen grain
Business|Crime|Economy|Environment|Health

Purdue Pharma receives $5.5 billion sentence, paving way for opioid settlement

OxyContin maker Purdue Pharma was sentenced on Tuesday to $5.5 billion in fines and penalties stemming from its 2020 guilty plea to charges

Purdue Pharma receives $5.5 billion sentence, paving way for opioid settlement
Business|Economy|Finance|Political|Stock Markets|US|World

US spy agencies examine how Iran would react to Trump declaring victory

By Erin Banco and Gram Slattery April 28 - U.S. intelligence agencies are studying how Iran would respond if President Donald Trump were to declare a unilateral victory in the two-month-old war that

US spy agencies examine how Iran would react to Trump declaring victory
Business|Economy|Political|World

Trump, unhappy with latest peace proposal, says Iran 'figuring out its leadership'

Efforts to end the Iran conflict were at an impasse on Tuesday with U.S.

Trump, unhappy with latest peace proposal, says Iran 'figuring out its leadership'
Arts|Business|Economy|Entertainment|Finance|Lifestyle|Sports|Stock Markets|Travel|US

New York City's first full casino with live table games opens

New York City’s first full casino with live table games has opened to fanfare

New York City's first full casino with live table games opens
Business|Economy|Environment|World

Main measures announced in Canada economic statement

Here are some of the main new measures that the Canadian government announced in a spring economic statement on Tuesday. * a new nationwide effort to recruit, train, and

Main measures announced in Canada economic statement
Business|Economy|Finance|World

Canada says 2025/26 deficit was less than expected, trims growth forecasts

The Canadian government on Tuesday said the 2025/26 budget deficit would be lower than estimated and trimmed its growth forecasts for the next two fiscal years.

Canada says 2025/26 deficit was less than expected, trims growth forecasts
Business|Economy|World

Eni signs agreement to relaunch heavy oil project in Venezuela

Italy's energy producer Eni on Tuesday signed an agreement with Venezuela's oil ministry and state-run oil company PDVSA to

Eni signs agreement to relaunch heavy oil project in Venezuela
Business|Economy|Finance|Stock Markets|US|World

US companies project resilience even as Iran war risks mount

Top American companies from GM to Coca-Cola are trying to reassure investors they can weather the financial fallout from the Iran war, even as surging fuel and

US companies project resilience even as Iran war risks mount
Business|Economy|Environment|Science|Technology

Joby flies first point-to-point air taxi flight tests in New York

Joby Aviation is conducting a week-long test of the first point-to-point air taxi demonstration flights in New York City as the company gets closer to winning

Joby flies first point-to-point air taxi flight tests in New York
Business|Economy|Finance|Food|Stock Markets|World

Mondelez beats first-quarter estimates on resilient demand, pricing strength

Oreo-maker Mondelez International beat Wall Street estimates for first-quarter revenue and profit on Tuesday, helped by resilient demand for its chocolates and biscuits along with

Mondelez beats first-quarter estimates on resilient demand, pricing strength
Business|Economy|Finance|Stock Markets|Technology

Visa beats quarterly profit estimates on resilient consumer spending

Visa beat estimates for Wall Street profit on Tuesday as the world's largest payment processor benefited from a steady rise in payment volumes

Visa beats quarterly profit estimates on resilient consumer spending
Business|Economy|Science|Technology

NXP Semiconductors forecasts strong quarterly results, shares jump

NXP Semiconductors forecast second-quarter revenue and profit above Wall Street expectations on Tuesday, betting on an ongoing recovery in the industrial and automotive chip

NXP Semiconductors forecasts strong quarterly results, shares jump
Business|Economy|World

UAE exit weakens OPEC+ power over oil market but group to stay together, sources say

OPEC and its allies will lose some of their power over the oil market when the United Arab Emirates leaves the group on

UAE exit weakens OPEC+ power over oil market but group to stay together, sources say
Business|Economy|Finance|Technology|World

PPG beats quarterly profit, revenue estimates on pricing strength

PPG Industries beat Wall Street estimates for first-quarter profit and revenue on Tuesday, helped by price hikes and strong demand in the aerospace and coatings segments.   

PPG beats quarterly profit, revenue estimates on pricing strength
Business|Economy|Environment|World

Argentina court lifts suspension on Vicuna copper project

A court in Argentina's San Juan province on Tuesday allowed the Vicuna copper project, operated by Australia's BHP and Canada's Lundin Mining, to continue operating

Argentina court lifts suspension on Vicuna copper project
Business|Economy|Entertainment|Finance|Food|Stock Markets

Starbucks raises forecasts after strong quarter, shares jump 5% after hours

Starbucks raised its annual forecasts as CEO Brian Niccol said investments in faster service and more staffing had lured customers back to

Starbucks raises forecasts after strong quarter, shares jump 5% after hours
Business|Economy|Technology

T-Mobile lifts annual forecast for account additions after upbeat quarterly results

T-Mobile raised its forecast for annual postpaid net account additions on Tuesday, as competitive pricing and bundled streaming benefits help the U.S. wireless

T-Mobile lifts annual forecast for account additions after upbeat quarterly results
Business|Economy

Mexico inflation close to resuming decline toward target, governor says

The Bank of Mexico expects inflation will soon resume a gradual decline towards the bank's 3% target despite a recent jump in the prices of some fruits and vegetables, the central

Mexico inflation close to resuming decline toward target, governor says
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: Chips off the table

U.S. tech stocks dived on Tuesday, slammed by worries over the sector's lofty growth expectations ahead of key earnings reports, while another

Trading Day: Chips off the table
Arts|Business|Economy|Entertainment|World

Mexican media giant Televisa beats earnings forecasts despite satellite slump

Mexican broadcaster Grupo Televisa, a top producer of Spanish-language content, on Tuesday posted a first-quarter net profit that more than tripled

Mexican media giant Televisa beats earnings forecasts despite satellite slump
Business|Economy|Science|Technology

Berkshire's Duracell must face BASF lawsuit over battery secrets, US judge rules

Duracell, the battery maker owned by Berkshire Hathaway, must face a lawsuit accusing it of stealing trade secrets related to German chemical company BASF's

Berkshire's Duracell must face BASF lawsuit over battery secrets, US judge rules
Business|Economy|Finance|Stock Markets|Technology

Robinhood's quarterly profit misses estimates on weak transaction revenue

Robinhood Markets missed expectations for first-quarter profit on Tuesday, as weaker-than-expected transaction revenue and lower take rates in options and cryptocurrency trading

Robinhood's quarterly profit misses estimates on weak transaction revenue
Crime|Economy|Political|World

US agents raid 22 Minnesota sites in social-welfare fraud probe

U.S. federal and state law enforcement agencies searched more than 20 locations in Minnesota on Tuesday as part of investigations

US agents raid 22 Minnesota sites in social-welfare fraud probe
Business|Economy|Technology|Travel|World

Booking Holdings cuts annual revenue growth forecast as Middle East war weighs

Booking Holdings cut its annual revenue growth forecast on Tuesday and warned that the war in the Middle East could weigh on bookings through the end of June,

Booking Holdings cuts annual revenue growth forecast as Middle East war weighs
Business|Economy|Environment|Finance

HSBC sees limited near-term impact on OPEC+ from UAE's departure

The United Arab Emirates' planned exit from OPEC and the wider OPEC+ alliance from May 2026 is expected to have limited immediate impact on oil markets but could weaken the

HSBC sees limited near-term impact on OPEC+ from UAE's departure
Business|Economy|Entertainment|Finance|Stock Markets

Authentic Brands Group CEO says company could top $50 billion in 2026 revenue through deals

Guess-owner Authentic Brands Group plans to again attempt to go public through an IPO "soon," Chief

Authentic Brands Group CEO says company could top $50 billion in 2026 revenue through deals
Business|Economy|Finance|Stock Markets|Technology

Seagate forecasts upbeat quarter as AI boom powers strong data-storage demand

Seagate Technology forecast fourth-quarter revenue and profit above Wall Street expectations on Tuesday, betting on strong demand for its data-storage hardware as enterprises ramp

Seagate forecasts upbeat quarter as AI boom powers strong data-storage demand
Business|Economy|World

Mining giant Grupo Mexico reports Q1 profit up 35%

Mining and transportation conglomerate Grupo Mexico reported on Tuesday a first-quarter net profit that climbed 35% compared to the same period a year earlier, coming

Mining giant Grupo Mexico reports Q1 profit up 35%
Americas|Business|Economy|Finance|Stock Markets|World

Walmart in Mexico eyes World Cup push as profit ticks up in first quarter

Walmart's Mexico and Central America unit on Tuesday reported a slight rise in first-quarter net profit, beating analyst forecasts, as strong growth in Mexico and

Walmart in Mexico eyes World Cup push as profit ticks up in first quarter
Business|Economy|Finance|Sports|US|Videos|World

LIV Golf moves to postpone New Orleans event amid clouded future

LIV Golf moves to postpone New Orleans event amid clouded future

LIV Golf moves to postpone New Orleans event amid clouded future
Business|Economy|Finance|Political|US|World

US military says it boarded cargo ship suspected of heading to Iran during blockade but released it

The U.S. military has boarded another commercial vessel during its blockade of Iran’s ports, but unlike in previous cases, the ship was ultimately allowed to carry on its way

US military says it boarded cargo ship suspected of heading to Iran during blockade but released it
Business|Economy|Food

Starbucks says higher gas prices aren't yet dampening customers' enthusiasm

Starbucks said Tuesday that customers are responding to improved service in its stores, which saw better-than-expected sales in the company’s fiscal second quarter

Starbucks says higher gas prices aren't yet dampening customers' enthusiasm
Business|Economy|Science|Technology

Elon Musk testifies in a case that could change the path of AI

Elon Musk testifies in a case that could change the path of AI

Elon Musk testifies in a case that could change the path of AI
Business|Economy|Political|World

Russian 'shadow fleet' undeterred by Starmer's threat as nearly 100 ships cross UK waters

Prime Minister Keir Starmer's decision last month to let the British military board ships of Russia’s so‑called "shadow fleet" has had no

Russian 'shadow fleet' undeterred by Starmer's threat as nearly 100 ships cross UK waters
Business|Economy|Technology|US|World

House Democrats urge Trump to keep US ban on Chinese cars

More than 70 Democrats in the U.S.

House Democrats urge Trump to keep US ban on Chinese cars
Americas|Economy|Europe|Political|World

Argentina’s Milei walks fine line on Falklands amid US–UK tensions

Argentine President Javier Milei, a libertarian who has long cited former British Prime Minister Margaret Thatcher as one of his political role

Argentina’s Milei walks fine line on Falklands amid US–UK tensions
Business|Economy|Finance|Stock Markets|World

Dollar gains on risk-off mood; BOJ split vote gives yen brief lift

The dollar firmed on Tuesday as risk‑off flows driven by the Iran war offset a brief rally in the yen following the Bank of Japan's most divided policy

Dollar gains on risk-off mood; BOJ split vote gives yen brief lift
Business|Economy|Stock Markets|World

Sinking AI stocks and rising oil prices weigh on Wall Street

Sinking AI stocks and another climb in oil prices helped pull Wall Street off its record heights

Sinking AI stocks and rising oil prices weigh on Wall Street
Business|Economy|Finance|Political|US|World

Some groups ask US trade agency for new duties, import bans to fight forced labor

Pro-tariff and human rights groups asked the Trump administration on Tuesday to impose new import bans, duties and quotas to combat forced labor

Some groups ask US trade agency for new duties, import bans to fight forced labor
Business|Economy|Europe|Technology|World

EU rules reining in Big Tech will now target cloud services and AI, regulators say

The European Union plans to turn the focus of its landmark rules curbing the power of Big Tech to cloud and artificial intelligence services, aiming to

EU rules reining in Big Tech will now target cloud services and AI, regulators say
Business|Economy|Environment|Finance|Stock Markets

Iran war's boost to biofuels lifts US agriculture giants' earnings

Soaring crude oil markets have pushed soybean oil prices to the loftiest levels in more than three years, a boon for oilseed processors like Bunge Global

Iran war's boost to biofuels lifts US agriculture giants' earnings
Business|Economy|Finance|Stock Markets|US|World

US pump prices near 4-year high on Iran war disruption, refinery outages

The average U.S. gasoline price rose to its highest level in nearly four years after the U.S. and Israel attacked Iran at the end of February, according to

US pump prices near 4-year high on Iran war disruption, refinery outages
Business|Economy|Finance|Stock Markets|World

Oil prices rise with eyes on Iran, UAE; AI concerns weigh on stocks

Oil prices rose on Tuesday as investors assessed the stalemate in the Iran conflict and news that the United Arab Emirates was cutting ties with OPEC,

Oil prices rise with eyes on Iran, UAE; AI concerns weigh on stocks
Business|Crime|Economy|World

US soldier pleads not guilty to charges of gambling on Maduro ouster

The U.S.

US soldier pleads not guilty to charges of gambling on Maduro ouster
Business|Economy|Finance|Political|Stock Markets|US|World

JPMorgan CEO says not worried about inflation, risks remain of higher prices

JPMorgan Chase CEO Jamie Dimon said on Tuesday he is not worried about inflation, but added among the worst-case scenarios for the economy is the

JPMorgan CEO says not worried about inflation, risks remain of higher prices
Business|Economy|Political|Travel|World

US to issue passports featuring Trump’s picture to commemorate America’s 250th anniversary

US to issue passports featuring Trump’s picture to commemorate America’s 250th anniversary

US to issue passports featuring Trump’s picture to commemorate America’s 250th anniversary
Business|Economy|Finance|Science|Stock Markets|Technology

Elon Musk takes stand in trial vs. Sam Altman that could reshape AI's future

Elon Musk, the Tesla CEO, world’s richest man and OpenAI’s cofounder, took the stand Tuesday in a high-stakes trial revolving around a bitter feud between himself and former friends Sam Altman and Greg Brockman that could reshape the future development of artificial intelligence

Elon Musk takes stand in trial vs. Sam Altman that could reshape AI's future
Business|Economy|Finance|Science|Technology

Amazon touts a 'major expansion' with OpenAI as Microsoft ties loosen

Amazon announced what it called a “major expansion” of its partnership with ChatGPT maker OpenAI on Tuesday, a day after the artificial intelligence company said it was loosening its ties to longtime backer Microsoft

Amazon touts a 'major expansion' with OpenAI as Microsoft ties loosen
Crime|Economy|Political|Sports|World

Soldier accused of betting on Maduro raid, winning $400,000, pleads not guilty

Soldier accused of betting on Maduro raid, winning $400,000, pleads not guilty

Soldier accused of betting on Maduro raid, winning $400,000, pleads not guilty
Business|Economy|Environment|Health|Lifestyle

Farmers face tough choices to keep permanent crops alive during the statewide drought emergency

Farmers face tough choices to keep permanent crops alive during the statewide drought emergency

Farmers face tough choices to keep permanent crops alive during the statewide drought emergency
Economy|Europe|Political|Science|Technology|World

Ukraine says it shot down 33,000 Russian drones in March, a monthly record

Ukraine’s defense minister says the country's armed forces shot down more than 33,000 Russian drones of various types in March, a record monthly figure since Moscow launched its all-out invasion more than four years ago

Ukraine says it shot down 33,000 Russian drones in March, a monthly record
Economy|Education|Entertainment|Environment|Technology

Digital checkouts surpass traditional books at libraries as funding questions loom

Digital checkouts surpass traditional books at libraries as funding questions loom

Digital checkouts surpass traditional books at libraries as funding questions loom
Business|Economy|Finance|Travel

Spirit isn’t the only small airline seeking a bailout. Would that help passengers?

Spirit isn’t the only small airline seeking a bailout. Would that help passengers?

Spirit isn’t the only small airline seeking a bailout. Would that help passengers?
Business|Crime|Economy|Food|US

Restaurant owner ran ‘dorms’ while exploiting workers for labor, feds say

Restaurant owner ran ‘dorms’ while exploiting workers for labor, feds say

Restaurant owner ran ‘dorms’ while exploiting workers for labor, feds say
Business|Economy|Environment|Political|World

Trump approval sinks to new low as war with Iran drives cost-of-living concerns

President Donald Trump's approval rating sank to the lowest level of his current term, as Americans increasingly soured on his handling of the cost of

Trump approval sinks to new low as war with Iran drives cost-of-living concerns
Business|Economy|Finance|Science|Stock Markets|Technology

OpenAI's latest AI models, Codex now available on Amazon Bedrock

OpenAI is now offering its latest AI models and its Codex coding agent on Amazon's cloud services platform, the companies said on Tuesday

OpenAI's latest AI models, Codex now available on Amazon Bedrock
Business|Economy|Finance|Stock Markets|World

Blue Owl adviser sued over allegedly inflating fund values, charging excessive fees

An investor in one of Blue Owl Capital's private credit funds has filed a suit in New York accusing the company's investment adviser of breaching its fiduciary duties by

Blue Owl adviser sued over allegedly inflating fund values, charging excessive fees
Business|Economy|Education|Election|Finance|Health|Political|US

Florida redistricting and a rocky special session put Ron DeSantis back in the Republican spotlight

Ron DeSantis is back in the national spotlight as he pushes for a new congressional map in Florida

Florida redistricting and a rocky special session put Ron DeSantis back in the Republican spotlight
Business|Economy|Environment|Food|Interview|Lifestyle

How does rain affect local strawberry farms?

How does rain affect local strawberry farms?

How does rain affect local strawberry farms?
Business|Economy|Environment|Lifestyle|Technology

More residents turning to e-bikes as gas prices remain high

More residents turning to e-bikes as gas prices remain high

More residents turning to e-bikes as gas prices remain high
Americas|Business|Crime|Economy|Education|Europe|Finance|Health|Lifestyle|Sports|Technology|World

Students injured in Brown University shooting sue school, alleging security failures

Brown University is facing lawsuits from three students injured in a campus shooting on December 13

Students injured in Brown University shooting sue school, alleging security failures
Arts|Business|Economy|Food|Lifestyle|Science

Sonoita vying to become next Napa

Sonoita vying to become next Napa

Sonoita vying to become next Napa
Business|Economy|World

Global inflation worries stir on energy price flare-up, but still relatively subdued 

Inflation in most countries will be markedly higher this year than predicted three months ago amid a stalemate in the energy crisis brought about by the

Global inflation worries stir on energy price flare-up, but still relatively subdued 
Business|Economy|Environment|Finance|Stock Markets|Technology|Travel|World

Panama's Copa Airlines to buy 60 Boeing 737 Max jets

Copa Airlines tied up an agreement with Boeing and GE Aerospace to purchase up to 60 Boeing 737 MAX aircraft for a list price of around $13.5 billion,

Panama's Copa Airlines to buy 60 Boeing 737 Max jets
Africa|Business|Crime|Economy|Environment|World

Gold miners set to stay in Mali despite attacks, industry sources say

International mining companies are likely to keep investing in Mali, one of Africa's

Gold miners set to stay in Mali despite attacks, industry sources say
Business|Economy|Finance|World

FedEx, UPS vow to return tariff refunds to customers

Parcel delivery giants FedEx and UPS said on Tuesday they would return any tariff refunds to customers as the U.S. government begins to return the illegally collected levies.

FedEx, UPS vow to return tariff refunds to customers
Business|Economy|Technology|World

Drone diplomacy wins Ukraine valuable allies, but now it must deliver

President Volodymyr Zelenskiy has leveraged Ukraine's expertise in drone warfare into a series of successful diplomatic deals during visits to the Middle

Drone diplomacy wins Ukraine valuable allies, but now it must deliver
Business|Economy|Finance|Stock Markets|World

US consumer confidence unexpectedly improves, but higher gasoline prices still a worry

U.S. consumer confidence unexpectedly edged higher in April amid a rally in share prices following a ceasefire in the war with Iran and improved

US consumer confidence unexpectedly improves, but higher gasoline prices still a worry
Business|Economy|Technology|World

UPS keeps full-year revenue target, says fuel price spike from Iran war could hurt demand

United Parcel Service on Tuesday reiterated its full-year revenue target despite projecting a return to growth in the June quarter, as

UPS keeps full-year revenue target, says fuel price spike from Iran war could hurt demand
Business|Economy|Finance|Stock Markets|Technology|World

AI disruption puts focus on long-term value of US equities, Goldman Sachs says

AI's potential to disrupt businesses has sparked concerns over the dependency of U.S. equity

AI disruption puts focus on long-term value of US equities, Goldman Sachs says
Crime|Economy|Europe|Political|World

People linked to top Orban aide were blocked trying to send funds abroad, Hungary's Magyar says

Tax authorities in Hungary have blocked transfers of funds abroad by unidentified people linked to a top aide to outgoing Hungarian leader Viktor Orban, election winner

People linked to top Orban aide were blocked trying to send funds abroad, Hungary's Magyar says
Business|Economy|Environment|Finance|Stock Markets|Technology|US

GM lifts profit outlook, flags expected tariff refund

General Motors posted on Tuesday a 22% rise in first-quarter core profit and lifted its full-year earnings forecast, buoyed by a resilient U.S. car market and an

GM lifts profit outlook, flags expected tariff refund
Economy|Europe|Political|World

Romania's two largest parties call no-confidence vote in pro-European government

The minority government of Romania's pro-European Prime Minister Ilie Bolojan could fall in early May after his former coalition partner, the leftist Social Democrats,

Romania's two largest parties call no-confidence vote in pro-European government
Business|Economy|Science|Technology

U.S. lawmakers take on AI chatbots, fraud in new bills

Members of Congress from both major U.S. political parties joined to propose new legislation this week related to artificial intelligence, as they aimed to tackle

U.S. lawmakers take on AI chatbots, fraud in new bills
Business|Economy|Finance|Stock Markets|World

HSBC turns bullish on US equities citing earnings momentum

HSBC on Tuesday upgraded its stance on U.S. equities to "overweight" from "neutral, as earnings momentum and easing geopolitical risks turned the

HSBC turns bullish on US equities citing earnings momentum
Business|Economy|Political|World

UAE leaves OPEC in blow to global oil producers' group

The United Arab Emirates on Tuesday said it was quitting OPEC, dealing a blow to the oil producers' group as an unprecedented energy crisis caused by the

UAE leaves OPEC in blow to global oil producers' group
Business|Economy|World

US bond markets diverge as Middle East conflict tests Fed outlook

A Middle East conflict now in its ninth week has splintered the U.S. fixed-income market, with investors in corporate credit behaving as if

US bond markets diverge as Middle East conflict tests Fed outlook
Business|Economy|Europe|Technology|World

Airbus misses profit estimates as deliveries slow amid engine crunch

Europe's Airbus posted a first-quarter core profit that more than halved on Tuesday, well below market expectations, as the world's largest planemaker

Airbus misses profit estimates as deliveries slow amid engine crunch
Arts|Business|Economy|Entertainment|Finance|Political|Stock Markets|US|World

GM expects a $500 million tariff refund from Trump levies the Supreme Court struck down

General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Donald Trump’s most sweeping levies

GM expects a $500 million tariff refund from Trump levies the Supreme Court struck down
Business|Economy|Environment|Finance|Stock Markets|US|World

BP's profit more than doubles as US gas prices hit the highest point since the start of war in Iran

BP’s profit more than doubled in the first quarter as the war in Iran drove energy prices sharply higher

BP's profit more than doubles as US gas prices hit the highest point since the start of war in Iran
Economy|Environment|Political|World

UAE quits OPEC in blow to cartel that could reshape global oil markets

UAE quits OPEC in blow to cartel that could reshape global oil markets

UAE quits OPEC in blow to cartel that could reshape global oil markets
Business|Economy|Finance|World

US consumer confidence inches higher in April despite Iran war, soaring gasoline prices

U.S. consumer confidence rose modestly in April despite growing anxiety over soaring energy prices brought on by the war in Iran

US consumer confidence inches higher in April despite Iran war, soaring gasoline prices
Economy|Europe|Political|World

Canadian PM invited to attend European Political Community summit in May

Canadian Prime Minister Mark Carney has been invited to attend next month's summit of the European Political Community (EPC) in Armenia, European Council President Antonio Costa

Canadian PM invited to attend European Political Community summit in May
Business|Economy|Finance|Stock Markets|Technology

Nasdaq opens lower as fresh concerns around AI pressure tech stocks

The Nasdaq Composite opened lower on Tuesday, underperforming the benchmark S&P 500 and the blue-chip Dow, as investors questioned whether the artificial intelligence boom can

Nasdaq opens lower as fresh concerns around AI pressure tech stocks
Business|Economy|Finance|Science|Technology

Global regulators trail banks in AI as Mythos raises oversight concerns, report finds

The ability of central banks and financial regulators to monitor and combat the risks posed by powerful artificial intelligence models such as Anthropic’s

Global regulators trail banks in AI as Mythos raises oversight concerns, report finds
Business|Economy|Finance|Stock Markets|US

Food distributor Sysco misses quarterly sales estimates as dining-out demand cools

Sysco on Tuesday reported third-quarter sales below Street estimates, hurt by weakening restaurant demand for packaged food, sending its shares down about 3% in early trading.

Food distributor Sysco misses quarterly sales estimates as dining-out demand cools
Business|Economy|Finance|Stock Markets|World

Franklin Templeton's quarterly profit rises on strong inflows

Investment manager Franklin Resources, better known as Franklin Templeton, reported a jump in second-quarter profit on Tuesday, helped by strong inflows that lifted its fee income

Franklin Templeton's quarterly profit rises on strong inflows
Business|Economy|Finance|Stock Markets|US

PACCAR's revenue falls on tepid demand for new trucks

April 28 - PACCAR posted a decline in first-quarter revenue on Tuesday, weighed by soft demand for new trucks as the industry struggles to emerge from a prolonged period of over-capacity.

PACCAR's revenue falls on tepid demand for new trucks
Business|Economy|Finance|Technology|World

Standard Chartered, BlackRock, OKX launch collateral framework for tokenised Treasury fund

Standard Chartered announced on Tuesday the launch of a new framework that permits institutional clients to use BlackRock's tokenised short-term U.S.

Standard Chartered, BlackRock, OKX launch collateral framework for tokenised Treasury fund
Business|Economy|Finance|World

US single-family home prices unchanged on monthly basis in February, FHFA says

U.S. single-family house prices were unchanged on a monthly basis in February, but elevated mortgage rates as the war with Iran continues could keep the dream of

US single-family home prices unchanged on monthly basis in February, FHFA says
Arts|Business|Economy|Finance|Sports|World

JPMorgan to become global partner of 2028 Olympics, 2030 Winter Games

JPMorgan Chase on Tuesday announced a partnership with the International Olympic Committee for the Los Angeles 2028 Olympic and Paralympic Games,

JPMorgan to become global partner of 2028 Olympics, 2030 Winter Games
Business|Economy|Entertainment|Finance|Stock Markets|World

Sherwin-Williams sees quarterly sales growth on price hikes

Paintmaker Sherwin-Williams on Tuesday forecast mid-single-digit sales growth for the second quarter, banking on price increases and contributions from recent

Sherwin-Williams sees quarterly sales growth on price hikes
Business|Economy|Science|Technology

T-Mobile rolls out broadband with Starlink backup to expand business customer base

T-Mobile on Tuesday launched a new internet offering for businesses, combining its 5G network with Starlink's satellite backup to serve companies

T-Mobile rolls out broadband with Starlink backup to expand business customer base
Business|Economy|Finance|Stock Markets|World

Oil ends up nearly 3% as Hormuz disruption outweighs UAE OPEC exit

Oil prices closed up nearly 3% on Tuesday as persistent worries about supply constraints from the closed Strait of Hormuz outweighed concerns about

Oil ends up nearly 3% as Hormuz disruption outweighs UAE OPEC exit
Business|Economy|Environment|Political|World

Italy's parliament backs donation of aircraft carrier to Indonesia

Italy's parliament on Tuesday backed a government plan to donate an ageing aircraft carrier to Indonesia, a move the administration said would strengthen

Italy's parliament backs donation of aircraft carrier to Indonesia
Business|Economy|Finance|Stock Markets|World

Citadel's Griffin to meet with NY leadership this week

Ken Griffin, founder and CEO of the hedge fund and market trading firm Citadel, said on Tuesday he will meet with New York State Governor Kathy Hochul on

Citadel's Griffin to meet with NY leadership this week
Business|Economy|Finance|Stock Markets|World

Barrick names top executives to work on North American IPO

Barrick Mining named on Tuesday, Wessel Hamman as chief financial officer of the new company that will hold its North American assets in

Barrick names top executives to work on North American IPO
Business|Economy|Technology

Corning faces weakness in non‑optical segments as data-center business booms

Corning forecast second-quarter revenue below Wall Street estimates on Tuesday, as weakness in non-optical segments continues to pressure business despite strong demand for data

Corning faces weakness in non‑optical segments as data-center business booms
Business|Economy|Finance|Stock Markets|Technology

Starboard makes large investment in Dynatrace, sees strategic value

Activist investor Starboard Value said on Tuesday it has made a "substantial investment" in software monitoring firm Dynatrace, arguing the company is undervalued and urging it to

Starboard makes large investment in Dynatrace, sees strategic value
Business|Economy|Environment|Europe|Political|Technology|World

US signs energy and AI deals with Balkan countries as its influence widens

The United States and U.S. companies signed deals worth billions of dollars with Balkan countries on Tuesday, boosting Washington's energy presence in the

US signs energy and AI deals with Balkan countries as its influence widens
Business|Economy|Finance|Health|Stock Markets

Kimberly-Clark flags potential $170 million cost impact from higher oil prices

Kimberly-Clark warned on Tuesday that persistently higher oil prices could add up to $170 million in costs in the second half of the

Kimberly-Clark flags potential $170 million cost impact from higher oil prices
Business|Economy|Europe|Political|World

Ukraine in diplomatic tussle with Israel over grain Kyiv says 'stolen' by Russia

Ukraine and Israel traded diplomatic blows on Tuesday as President Volodymyr Zelenskiy condemned what he said were grain purchases from occupied Ukrainian

Ukraine in diplomatic tussle with Israel over grain Kyiv says 'stolen' by Russia
Business|Economy|Finance|Technology|US

T-Mobile deepens broadband push with new fiber joint ventures

T-Mobile said on Tuesday it signed deals to form two joint ventures with Oak Hill Capital and Wren House, expanding its fiber internet business to complement its fast-growing

T-Mobile deepens broadband push with new fiber joint ventures
Economy|Political|US|World

Trump says Iran wants US to open Hormuz Strait as soon as possible

President Donald Trump said on Tuesday that Iran has said it was in a state of collapse and wants the United States to open the Strait of Hormuz while it sorts out its

Trump says Iran wants US to open Hormuz Strait as soon as possible
Business|Economy|World

Three of Brazil's nine central bank seats to be empty at policy meeting

Brazil's central bank said on Tuesday that director Rodrigo Alves Teixeira will not attend this week's monetary policy meeting due to the passing of a relative.

Three of Brazil's nine central bank seats to be empty at policy meeting
Business|Economy|World

Governments worldwide shield households from rising energy costs

Governments worldwide are trying to shield consumers from soaring energy costs resulting from the U.S.-Israeli war on Iran. 

Governments worldwide shield households from rising energy costs
Business|Economy|Finance|Stock Markets|World

JetBlue plans capacity cuts, fare hikes as high fuel costs widen quarterly loss

JetBlue Airways said on Tuesday it plans to slow hiring, cut capacity and hike fares to soften the blow from soaring jet fuel costs after

JetBlue plans capacity cuts, fare hikes as high fuel costs widen quarterly loss
Africa|Business|Economy|Environment|Political|World

US not funding Congo's $100 million mine guard, embassy says

The United States said on Tuesday it is not funding any security units tasked with policing or guarding mines in Democratic Republic of Congo after

US not funding Congo's $100 million mine guard, embassy says
Business|Economy|Political|World

Iran’s Guards seize wartime power, blunting Supreme Leader's role

Two months into a war with the U.S. and Israel, Iran no longer has a single, undisputed clerical arbiter at the pinnacle of

Iran’s Guards seize wartime power, blunting Supreme Leader's role
Business|Economy|Entertainment|Environment|Food|Lifestyle

McDonald's is the latest fast food chain to offer fancier drinks

Fast food chains, thirsty for new ways to grow, are amping up their beverage offerings

McDonald's is the latest fast food chain to offer fancier drinks
Business|Economy|Travel|World

Russian superyacht crosses blockaded Strait of Hormuz

A superyacht linked to sanctioned Russian billionaire Alexey Mordashov sailed through the Strait of Hormuz on Saturday, shipping data showed, one of very few vessels to transit

Russian superyacht crosses blockaded Strait of Hormuz
Business|Economy|Technology|World

BYD posts steepest profit drop in six years as China sales falter

Chinese electric vehicle maker BYD's quarterly profit fell at its fastest pace since 2020, a stock market filing showed on Tuesday, hit by

BYD posts steepest profit drop in six years as China sales falter
Business|Economy|Finance|World

Spain sticks to 2.2% economic growth forecast, for now

The Spanish government still expects the economy to grow 2.2% this year, Economy Minister Carlos Cuerpo said on Tuesday, adding though that uncertainty triggered by the

Spain sticks to 2.2% economic growth forecast, for now
Arts|Business|Economy|Entertainment|Technology|World

Spotify's spending plan hurts profit outlook as Europe, North America growth lags

Spotify forecast second-quarter earnings below estimates on Tuesday, citing more spending on marketing for new features as growth in major markets of Europe and

Spotify's spending plan hurts profit outlook as Europe, North America growth lags
Business|Economy|Entertainment

Bertelsmann merges firms behind Kylie Minogue, Miles Davis to create world's No.4 music group

Bertelsmann will combine its music division BMG with rival Concord in a deal that would create the world's fourth‑largest music company behind

Bertelsmann merges firms behind Kylie Minogue, Miles Davis to create world's No.4 music group
Business|Economy|Europe|Finance|World

Italy budget watchdog casts doubt on government debt reduction pledges

Italy's budget watchdog, UPB, raised doubts on Tuesday over the government's pledge to put the country's massive debt on a downward path starting from 2027

Italy budget watchdog casts doubt on government debt reduction pledges
Business|Economy|Finance|Stock Markets|World

S&P Global reports higher first-quarter profit on demand for analytics products

Financial information company S&P Global reported a rise in first-quarter profit on Tuesday on strong demand for its data and analytics offerings amid geopolitical uncertainty,

S&P Global reports higher first-quarter profit on demand for analytics products
Arts|Economy|Europe|Political|World

How a rising star of France’s far right weaponised a routine inquiry against public broadcasters

A French fact‑finding inquiry — normally a dull parliamentary ritual — has turned into a polarising political spectacle, giving France's far right an

How a rising star of France’s far right weaponised a routine inquiry against public broadcasters
Business|Economy|Finance|Stock Markets|Technology

Oracle, CoreWeave lead AI selloff on OpenAI growth concerns

Shares of artificial intelligence-related firms dropped on Tuesday after the Wall Street Journal reported that OpenAI had missed its goals

Oracle, CoreWeave lead AI selloff on OpenAI growth concerns
Business|Economy|Travel|World

Hilton raises 2026 room revenue growth forecast, flags impact of Middle East conflict

Hotel operator Hilton Worldwide Holdings raised annual room revenue growth forecast on Tuesday, betting on a rebound in domestic travel to boost demand across

Hilton raises 2026 room revenue growth forecast, flags impact of Middle East conflict
Business|Economy|World

India's March industrial output slows to 5‑month low of 4.1% on manufacturing, power drag

India's industrial output expanded 4.1% in March, its slowest pace in five months, as softer factory output and weak power generation weighed on growth, government data

India's March industrial output slows to 5‑month low of 4.1% on manufacturing, power drag
Business|Economy|Europe|Technology|World

Norway wealth fund CEO warns just using AI for job cuts risks backlash

The CEO of Norway's $2.2 trillion sovereign wealth fund, the world's largest, urged companies on Tuesday to use artificial intelligence to "lift everybody

Norway wealth fund CEO warns just using AI for job cuts risks backlash
Business|Economy|Finance|Stock Markets|US

Coca-Cola plays down impact of high oil prices to raise profit forecast

Coca-Cola on Tuesday bucked the trend of consumer goods companies warning of a hit to their annual profits from the fallout of the Iran

Coca-Cola plays down impact of high oil prices to raise profit forecast
Business|Economy|Finance|World

Brazil's mid-April consumer prices undershoot forecasts ahead of rate decision

Brazil's inflation accelerated less than expected in early April despite a jump in fuel and food prices, official data showed on Tuesday, reinforcing market

Brazil's mid-April consumer prices undershoot forecasts ahead of rate decision
Business|Economy|Fashion and Beauty|Finance|Sports

Lululemon appoints new director as proxy fight with founder looms

Lululemon Athletica is appointing an executive with significant branding and marketing experience to its board as the athletic apparel maker's

Lululemon appoints new director as proxy fight with founder looms
Business|Economy|Finance|Stock Markets|US|World

Foreign demand for US corporate bonds rises as investors favor tech over financials, Citigroup says

Foreign demand for U.S. investment-grade corporate bonds has remained strong for 15 consecutive months, according to Citigroup, as overseas investors rotate into technology, media

Foreign demand for US corporate bonds rises as investors favor tech over financials, Citigroup says
Business|Economy|Election|Finance|Political|Stock Markets|World

Brazil's Lula and Flavio Bolsonaro are neck and neck in presidential runoff, poll finds

Brazil's President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro were tied in a simulated run-off, an AtlasIntel/Bloomberg poll showed on Tuesday, ahead of

Brazil's Lula and Flavio Bolsonaro are neck and neck in presidential runoff, poll finds
Business|Economy|MidEast|Political|World

United Arab Emirates says it will leave OPEC effective May 1

The United Arab Emirates says that it will leave the oil cartel OPEC effective May 1

United Arab Emirates says it will leave OPEC effective May 1
Business|Economy|Health|World

Ghana rejects proposed US health aid deal, citing data concerns, source says

Ghana has rejected a bilateral health deal with the U.S., a source familiar with the negotiations told Reuters, the latest stumbling block to the

Ghana rejects proposed US health aid deal, citing data concerns, source says
Business|Economy|Finance|Food|Stock Markets

Smithfield Foods warns of cost pressures amid Mideast war, shares fall

Smithfield Foods executives said rising energy-related costs are crimping its packaged meats business amid uncertainty linked to the war in the Middle East,

Smithfield Foods warns of cost pressures amid Mideast war, shares fall
Business|Economy

Carney's fiscal update shows smaller Canadian deficit, new spending

Canadian Prime Minister Mark Carney's fiscal update on Tuesday committed billions of dollars in new spending on a new skilled

Carney's fiscal update shows smaller Canadian deficit, new spending
Business|Economy|Environment|Science|Technology

Rare Earths Americas kicks off US IPO roadshow with $368 million valuation target

Rare Earths Americas kicked off the roadshow for its U.S. initial public offering on Tuesday, aiming for a valuation of up to $368.4 million, as investor interest

Rare Earths Americas kicks off US IPO roadshow with $368 million valuation target
Business|Economy|Europe|Finance|Stock Markets|Technology|World

EssilorLuxottica CEO confident medtech push can drive share price recovery

The head of EssilorLuxottica expressed confidence a push into medical technology would eventually drive a recovery in the market value of the world's

EssilorLuxottica CEO confident medtech push can drive share price recovery
Business|Economy|Finance|Stock Markets|World

Talons on show

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets This week’s pack of major central bank meetings got off to a

Talons on show
Economy|Education|Environment|Health

Nebraska is becoming the first state to implement a Medicaid work requirement signed by Trump

Many people applying for Medicaid in Nebraska will soon have to prove that they're working, volunteering or in school

Nebraska is becoming the first state to implement a Medicaid work requirement signed by Trump
Business|Economy|Europe|Food

Iran war yet to push up UK grocery prices, says Worldpanel

British grocery inflation eased to 3.8% in the four weeks to April 19 from 4.3% in the previous period, data from Worldpanel by Numerator showed on Tuesday,

Iran war yet to push up UK grocery prices, says Worldpanel
Business|Economy|Finance|Stock Markets|Technology

Big Tech investors to gauge payoff as AI spending set to hit $600 billion

Big Tech has spent hundreds of billions of dollars over three years to power the artificial intelligence boom.

Big Tech investors to gauge payoff as AI spending set to hit $600 billion
Asia|Economy|Europe|Political|World

EU's top diplomat calls on Southeast Asian countries to seek alternatives to Russian oil

The European Union's foreign policy chief Kaja Kallas urged partner countries in Southeast Asia on Tuesday not to turn to Russia for oil supplies as they try

EU's top diplomat calls on Southeast Asian countries to seek alternatives to Russian oil
Business|Economy|World

Inflation surge and eroding growth raise policy dilemma for ECB

Euro zone inflation expectations are surging on the fallout from the Iran war but economic growth is faltering, separate European

Inflation surge and eroding growth raise policy dilemma for ECB
Business|Economy|Technology|World

Blocking of Meta's AI startup buy raises risk for cross-border China tech deals

China's blocking of Meta's acquisition of AI startup Manus will heighten the risk for global investors

Blocking of Meta's AI startup buy raises risk for cross-border China tech deals
Business|Economy|Finance|Stock Markets|World

Russian central bank wants mandatory yuan reserves for lenders

MOSCOW, April 28 - Russia's central bank wants commercial banks to hold mandatory reserves of yuan to prevent shortages of the Chinese currency in the foreign exchange market and rein in excessive

Russian central bank wants mandatory yuan reserves for lenders
Business|Economy|Finance|Stock Markets|Technology

Citigroup lifts AI market view to over $4 trillion on enterprise adoption

Citigroup raised its global artificial intelligence market forecast, citing faster-than-expected enterprise adoption of artificial intelligence tools for coding and automation,

Citigroup lifts AI market view to over $4 trillion on enterprise adoption
Business|Economy|Finance

Fed's policymaking table is set for the 'family fight' Warsh says he wants

Federal Reserve chief nominee Kevin Warsh says he wants a "good family fight" at the policymaking table once he takes over as head of the U.S. central bank.

Fed's policymaking table is set for the 'family fight' Warsh says he wants
Business|Economy|Technology|World

Iran eases internet curbs for businesses as blackout enters third month

Iran's top security body has approved a temporary scheme for businesses to access the global internet with fewer restrictions, a government spokesperson told Iranian media

Iran eases internet curbs for businesses as blackout enters third month
Asia|Business|Economy|Technology|World

Toyota suppliers feeling profit pressure from Iran war

Japanese parts suppliers to automakers including Toyota face mounting cost and supply uncertainties due to the Iran war, warning that oil-related

Toyota suppliers feeling profit pressure from Iran war
Business|Economy|Finance|Stock Markets

Canada's deflating housing bubble stymies wealth effect of booming stock market

Canada's housing market slump, the longest in recent decades, is straining household spending even as a record high domestic stock market generates

Canada's deflating housing bubble stymies wealth effect of booming stock market
Economy|Environment|Health|Political|World

As war nears two months, displaced Lebanese family sinks into despair

It has been nearly two months, but Rabih Khreiss still has trouble recognising his new life. 

As war nears two months, displaced Lebanese family sinks into despair
Business|Economy|Environment|Technology|World

The Hormuz digital chokepoint: How does the Iran war threaten subsea cables?

Iran warned last week that submarine cables in the Strait of Hormuz were a vulnerable point for the region's digital economy, raising concerns about

The Hormuz digital chokepoint: How does the Iran war threaten subsea cables?
Africa|Economy|World

Russia calls for rapid restoration of peace in Mali after sustaining casualties

Russia said on Tuesday it was important to quickly restore peace and stability in Mali where its forces are helping the military-led government battle insurgents who

Russia calls for rapid restoration of peace in Mali after sustaining casualties
Business|Economy|Education|World

These Haitian immigrants contribute nearly $6 billion to the economy. Their fate is in the Supreme Court’s hands

These Haitian immigrants contribute nearly $6 billion to the economy. Their fate is in the Supreme Court’s hands

These Haitian immigrants contribute nearly $6 billion to the economy. Their fate is in the Supreme Court’s hands
Business|Economy|Political|World

Trump pursues new import taxes to replace the tariffs the Supreme Court rejected

When the Supreme Court killed his favorite tariffs in February, President Donald Trump rolled out temporary import taxes to replace them

Trump pursues new import taxes to replace the tariffs the Supreme Court rejected
Asia|Business|Economy|World

South Korea's central bank cites war uncertainty in cautious approach, minutes show

South Korea's monetary policy board said a cautious, wait-and-see approach is appropriate for now as heightened uncertainty from the Iran war warrants more monitoring of

South Korea's central bank cites war uncertainty in cautious approach, minutes show
Business|Economy|Europe|Finance|World

Euro zone banks tighten access to credit as Iran war bites: ECB survey

Euro zone banks tightened access to credit in the three months to March and expect to continue doing so this quarter as the war in Iran pushes up energy prices and

Euro zone banks tighten access to credit as Iran war bites: ECB survey
Business|Economy|Finance|World

China's central bank guides banks to step up lending in April, sources say

China's central bank has instructed some commercial banks to expand loan issuance in April, said sources with knowledge of the matter, as authorities seek to prevent a sharp

China's central bank guides banks to step up lending in April, sources say
Business|Economy|Finance|Stock Markets|World

European shares hit near three-week low on Mideast impasse, mixed earnings

European shares ended near a three-week low on Tuesday as mixed corporate earnings, uncertainty over the Middle East conflict, and caution ahead of

European shares hit near three-week low on Mideast impasse, mixed earnings
Business|Economy|Finance|Stock Markets|World

Nippon Express shares soar after Elliott discloses latest Japan stake

Shares of Japanese logistics firm Nippon Express Holdings leapt as much as 15% after U.S. activist investor Elliott Investment Management disclosed a 5.04% stake in the

Nippon Express shares soar after Elliott discloses latest Japan stake
Business|Economy|Finance|Stock Markets|US|World

Bank of Japan keeps rates steady but hawkish split points to June hike

The Bank of Japan kept interest rates steady on Tuesday but three of its nine-member board proposed hiking borrowing costs, signalling

Bank of Japan keeps rates steady but hawkish split points to June hike
Economy|Political|World

Ukraine needs to approve parcel tax to keep IMF funding, source says

Ukraine needs to adopt a law introducing a value-added tax on inexpensive parcels from abroad to ensure its $8.1 billion programme with the International

Ukraine needs to approve parcel tax to keep IMF funding, source says
Business|Economy|World

Iran’s economy was in a dire state before the war. Now millions face job losses and poverty

Iran’s economy was in a dire state before the war. Now millions face job losses and poverty

Iran’s economy was in a dire state before the war. Now millions face job losses and poverty
Business|Economy|Finance

Will Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday

The Federal Reserve will meet this week ahead of a looming leadership transition that remains fuzzy, and Wednesday’s news conference will be closely watched for any clarification

Will Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday
Business|Economy|Finance|World

Two Spirit Airlines creditor groups back Trump bailout plan, FT reports

Spirit Airlines has won the backing of two of its three major creditor groupings needed to secure a $500 million bailout from the Trump administration, the Financial Times

Two Spirit Airlines creditor groups back Trump bailout plan, FT reports
Business|Economy|Finance|Stock Markets|World

BOJ's hawkish hold

A look at the day ahead in European and global markets from Ankur Banerjee In a week packed with central bank meetings, the Bank of Japan's hawkish hold has set the stage for the Fed, the Bank of

BOJ's hawkish hold
Business|Economy|Technology|World

China's Chery seeks to be 'Toyota plus Tesla' as it targets global expansion

Chery, China's largest car exporter, is taking inspiration from two very

China's Chery seeks to be 'Toyota plus Tesla' as it targets global expansion
Business|Economy|Political|Technology|World

Australia to charge Big Tech companies 2% levy unless they strike local news deals

The Australian government said on Tuesday that Meta, Alphabet's Google and TikTok could face multimillion-dollar charges if they did not

Australia to charge Big Tech companies 2% levy unless they strike local news deals
Economy|Environment|Health|World

Iran war is latest blow to Somalia's malnourished children

For Somalia's malnourished children, already suffering the twin catastrophes of looming famine and radical cuts in

Iran war is latest blow to Somalia's malnourished children
Business|Economy|Finance|Stock Markets|World

BOJ keeps rates steady but 3 board members dissent, call for hike

The Bank of Japan kept interest rates steady on Tuesday but three in the nine-member board proposed hiking borrowing costs, signalling the bank's concern over inflationary

BOJ keeps rates steady but 3 board members dissent, call for hike
Business|Economy|Technology

OpenAI falls short of revenue and user targets as it races toward IPO, WSJ reports

OpenAI has fallen short of its goals for new users and revenue in recent months, sparking concern among some company leaders over whether it can support its extensive data-center

OpenAI falls short of revenue and user targets as it races toward IPO, WSJ reports
Asia|Business|Economy|Technology|World

For the average price of a car in the US, you could buy 5 new Chinese EVs

Call it a different kind of sticker shock.

For the average price of a car in the US, you could buy 5 new Chinese EVs
Business|Economy|Political|World

US treasury chief says businesses working with Iranian airlines risk sanctions

Businesses working with Iranian airlines risk U.S. sanctions, Treasury Secretary Scott Bessent said on Monday, calling the warning a part of a

US treasury chief says businesses working with Iranian airlines risk sanctions
Business|Economy|Finance|Stock Markets|Technology

Activist Starboard Value takes major stake in AI software maker Dynatrace, WSJ reports

Activist investor Starboard Value has taken a major stake in AI software maker Dynatrace and is advocating for strategic changes to help boost its share price, the Wall Street

Activist Starboard Value takes major stake in AI software maker Dynatrace, WSJ reports
Business|Economy|Finance|Political|US|World

Over 1,000 US TSA officers have left since start of shutdown, DHS says

Over 1,000 U.S.

Over 1,000 US TSA officers have left since start of shutdown, DHS says
Business|Economy|Finance|World

Stable India growth outlook masks hit to vast informal sector, say economists: Reuters poll

India's economic growth outlook is broadly unchanged despite the U.S.-Israeli war with Iran, according to a Reuters poll of economists who warned that

Stable India growth outlook masks hit to vast informal sector, say economists: Reuters poll
Business|Economy|US|World

Foreign automakers threaten to pull cheapest models from US without trade deal, WSJ reports

Foreign automakers have warned the Trump administration that they could pull their cheapest car models from the U.S. market if the U.S.-Mexico-Canada Agreement (USMCA) is not

Foreign automakers threaten to pull cheapest models from US without trade deal, WSJ reports
Business|Economy|Environment

White House withdraws hospitality executive as nominee to lead the National Park Service

President Donald Trump is withdrawing his nomination of a hospitality company executive to lead the National Park Service

White House withdraws hospitality executive as nominee to lead the National Park Service
Business|Economy|Finance|Political|World

UK budget rules should seek to lower debt, parliament committee says

British finance minister Rachel Reeves should explicitly aim to bring public debt below its current level within the next three years, rather than simply halt its current

UK budget rules should seek to lower debt, parliament committee says
Business|Economy|Europe|World

Irish consumer sentiment hits fresh 3-year low in April

Irish consumer sentiment fell for a second successive month in April, but the pace of decline was smaller than the previous month as households started to better manage

Irish consumer sentiment hits fresh 3-year low in April
Business|Economy|Europe|World

Easter discounts lower UK shop price inflation in April, BRC survey shows

Easter promotions on chocolate eggs, home renovation materials and clothing helped lower shop price inflation in April, offering households some respite

Easter discounts lower UK shop price inflation in April, BRC survey shows
Business|Economy|Entertainment|World

Star Entertainment reports quarterly loss on lower table games revenue

Embattled Australian casino operator Star Entertainment swung to a third-quarter loss from a profit in the prior three-month period, hurt by seasonal weakness and lower table

Star Entertainment reports quarterly loss on lower table games revenue
Business|Economy|Entertainment|World

Paramount seeks FCC approval for foreign investors backing Warner Bros acquisition

Paramount Skydance has asked the U.S.

Paramount seeks FCC approval for foreign investors backing Warner Bros acquisition
Economy|Education|Health|World

UNICEF warns Afghanistan could lose up to 25,000 female health workers, teachers

Afghanistan is at risk of losing more than 25,000 female teachers and health workers by 2030 if the Taliban-led country's restrictions on girls' education and

UNICEF warns Afghanistan could lose up to 25,000 female health workers, teachers
Economy|Political|World

Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends, officials say

Iran has offered to end its control over the Strait of Hormuz if the U.S. lifts its blockade and ends the war

Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends, officials say
Business|Economy|Finance|Political|Stock Markets|US|World

The Latest: Iran wants Strait of Hormuz reopening tied to an end to the war, officials say

Iran has offered to end its chokehold on the Strait of Hormuz without addressing its nuclear program

The Latest: Iran wants Strait of Hormuz reopening tied to an end to the war, officials say
Business|Crime|Economy|Political|US

Hill GOP braces for ‘nightmare week’ as pressure mounts to end DHS funding standoff

Hill GOP braces for ‘nightmare week’ as pressure mounts to end DHS funding standoff

Hill GOP braces for ‘nightmare week’ as pressure mounts to end DHS funding standoff
Business|Economy|Europe|Technology|World

KKR, Macquarie in Italy-backed talks over telecoms network commercial deal, sources say

The owners of Italian telecommunications companies FiberCop and Open Fiber are discussing the terms of a possible commercial deal to

KKR, Macquarie in Italy-backed talks over telecoms network commercial deal, sources say
Business|Economy|Political|Science|Technology|World

Canada is still reviewing plan to buy US fighter jets, defense minister says

Canada is still reviewing its plan to buy 88 Lockheed Martin F-35 fighter jets, Defence Minister David McGuinty said on Monday, adding that Ottawa could also purchase some

Canada is still reviewing plan to buy US fighter jets, defense minister says
Business|Economy|Finance|Stock Markets|US

Nucor beats quarterly revenue estimates on steel mills strength

Nucor beat Wall Street expectations for first-quarter revenue on Monday, helped by higher average selling prices and strong volumes in its steel mills segment, sending its shares

Nucor beats quarterly revenue estimates on steel mills strength
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: Tech in a world of its own

Oil prices rose again on Monday on the lack of any sign that the Strait of Hormuz will reopen soon, but that didn't prevent the S&P 500 and

Trading Day: Tech in a world of its own
Business|Economy|Finance|Political

US Transport chief wants Congress involved in $2.5 billion low-cost airline aid request

U.S.

US Transport chief wants Congress involved in $2.5 billion low-cost airline aid request
Business|Economy|Science|Technology

Box to launch Box Automate to speed up customers' business with AI, CEO says

By Jeffrey Dastin and Max A.

Box to launch Box Automate to speed up customers' business with AI, CEO says
Business|Economy|Environment|World

Trump administration to pay 2 more companies to walk away from US offshore wind leases

The Trump administration has announced two more payouts for energy companies to walk away from U.S. offshore wind projects under development

Trump administration to pay 2 more companies to walk away from US offshore wind leases
Business|Economy|Health|Political

Billionaire tax proposal in California is on track to qualify for the ballot, backers say

Supporters of a controversial California proposal to implement a one-time tax on billionaires say they have enough signatures to qualify it for the November ballot

Billionaire tax proposal in California is on track to qualify for the ballot, backers say
Business|Economy|Finance|US|World

Fund finance market reaches $1 trillion driven by private credit, Moody's says

The fund finance market surpassed $1 trillion in size this year, driven by demand from the growing private credit market, according to a new Moody's

Fund finance market reaches $1 trillion driven by private credit, Moody's says
Business|Economy|Technology|World

Meta pokes holes in China's great AI firewall

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.)

Meta pokes holes in China's great AI firewall
Business|Economy|Science|Technology

Accenture to roll out Copilot to 743,000 employees in boost for Microsoft (April 27)

Microsoft

Accenture to roll out Copilot to 743,000 employees in boost for Microsoft (April 27)
Business|Economy|Finance|Stock Markets|US

Weinstein's Saba Capital to raise $1 billion to buy souring private credit funds

Boaz Weinstein's Saba Capital Management plans to raise cash for a new investment vehicle designed to buy up souring private

Weinstein's Saba Capital to raise $1 billion to buy souring private credit funds
Africa|Business|Economy|Environment|World

South Sudan says 14 killed in plane crash near Juba

A plane crashed southwest of South Sudan's capital Juba on Monday, killing all 14 people on board, the country's civil aviation authority said.

South Sudan says 14 killed in plane crash near Juba
Business|Economy|Environment|World

Oil prices hit two-week high as Iran talks stall and Strait of Hormuz shipments lag

Oil prices climbed about 3% to a two-week high on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz

Oil prices hit two-week high as Iran talks stall and Strait of Hormuz shipments lag
Business|Economy|Entertainment|Sports|World

Soccer-US Open home to host one of New York's free World Cup fan zones

The home of the U.S.

Soccer-US Open home to host one of New York's free World Cup fan zones
Business|Economy|Science|Technology

Cadence lifts annual revenue forecast on sustained AI chip-design boom

Cadence Design Systems raised its full-year revenue forecast on Monday, betting that sustained, heavy investment in specialized artificial intelligence processors will continue to

Cadence lifts annual revenue forecast on sustained AI chip-design boom
Business|Economy|Environment|Science|Technology|World

US to end more offshore wind leases in exchange for fossil fuel investments

President Donald Trump's administration said on Monday that it had reached a deal to end two more U.S. offshore wind leases in exchange for $885 million in

US to end more offshore wind leases in exchange for fossil fuel investments
Economy|Political|Science|Technology|World

US and Iran clash over Tehran's nuclear program as review of atomic treaty begins at UN

The United States and Iran have clashed over Tehran’s nuclear program as a review of the treaty meant to prevent the spread of atomic weapons got underway at the United Nations

US and Iran clash over Tehran's nuclear program as review of atomic treaty begins at UN
Business|Economy|Environment|Lifestyle|Science|World

Heavy weekend rain slows 2 sprawling Georgia wildfires, even as new blazes start

Heavy rain slowed the progress of two sprawling southern Georgia wildfires over the weekend, allowing crews to make some progress in containing the blazes that have destroyed more than 100 homes

Heavy weekend rain slows 2 sprawling Georgia wildfires, even as new blazes start
Business|Crime|Economy|Finance|Science|Technology|World

Elon Musk and OpenAI CEO Sam Altman head to court in high-stakes showdown over AI

Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred the bickering billionaires’ once-shared vision for the development of artificial intelligence

Elon Musk and OpenAI CEO Sam Altman head to court in high-stakes showdown over AI
Business|Economy|Education|Environment|Health|Lifestyle

Affordable housing opens for single parents pursuing college degrees

Affordable housing opens for single parents pursuing college degrees

Affordable housing opens for single parents pursuing college degrees
Asia|Business|Economy|Finance|Stock Markets|World

US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street

The U.S. stock market’s record-breaking rally slowed after uncertainty rose about what will happen next in the Iran war

US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street
Economy|Education|Environment|Political|Science|Technology

Trump administration fires independent board overseeing the National Science Foundation

The Trump administration has fired members of an independent board that oversees the National Science Foundation

Trump administration fires independent board overseeing the National Science Foundation
Arts|Business|Celebrity|Economy|Entertainment

Michael Jackson streams skyrocket after 'Michael' biopic opening weekend, up 95% in the US

Michael Jackson sang “Don’t Stop ’Til You Get Enough.”

Michael Jackson streams skyrocket after 'Michael' biopic opening weekend, up 95% in the US
Economy|Political|Sports|Travel|World

New York City to hold free World Cup fan events in each borough

New York City will hold a series of free events for soccer fans hoping to catch World Cup matches, but don't want to spend an arm and a leg on tickets

New York City to hold free World Cup fan events in each borough
Business|Economy|Environment|Political

Singing protesters speak out against lifting of mining ban near Boundary Water

Singing protesters speak out against lifting of mining ban near Boundary Water

Singing protesters speak out against lifting of mining ban near Boundary Water
Economy|Election|Europe|Finance|Political|World

Malta calls early election, with PM pledging stability amid Iran war

Malta will hold a parliamentary election on May 30, Prime Minister Robert Abela said on Monday, calling the vote a year before his current five-year term expires.

Malta calls early election, with PM pledging stability amid Iran war
Business|Economy|Finance|World

JPMorgan among banks providing financing for Kuwaiti oil pipeline stake deal

JPMorgan and two Kuwaiti lenders are joining HSBC in a $6 billion financing syndicate for prospective buyers of a stake in Kuwait Petroleum

JPMorgan among banks providing financing for Kuwaiti oil pipeline stake deal
Economy|Political|World

US reviews latest Iranian proposal to end war stalemate

U.S.

US reviews latest Iranian proposal to end war stalemate
Business|Economy|Finance|Stock Markets|World

S&P 500, Nasdaq, close slightly higher in cautious start to a heavy earnings week

The S&P 500 and the Nasdaq eked out modest gains on Monday in muted trading, as investors took a breath at the top of an eventful week,

S&P 500, Nasdaq, close slightly higher in cautious start to a heavy earnings week
Business|Economy|Finance|World

Venezuela central bank says it and US hired firms to audit assets abroad

Venezuela's central bank said on Monday that it and the United States have each hired firms to audit assets held abroad by the South American country,

Venezuela central bank says it and US hired firms to audit assets abroad
Business|Economy|Science|Technology

Microsoft, OpenAI change terms of deal so startup can court Amazon and others

Microsoft and OpenAI renegotiated a pact that let Microsoft exclusively sell the ChatGPT creator's artificial intelligence models,

Microsoft, OpenAI change terms of deal so startup can court Amazon and others
Business|Economy|Technology|World

Rogers Communications offering buyouts to half its workforce, Globe and Mail reports

April 27 - Canadian telecom operator Rogers Communications is offering voluntary departure packages to half of its 25,000 employees, the Globe and Mail reported on Monday.

Rogers Communications offering buyouts to half its workforce, Globe and Mail reports
Business|Economy|Europe|World

UK public inflation expectations retrace in April, Citi/YouGov survey shows

Britons' short-term and long-term inflation expectations fell in April, in a surprise reading from a monthly survey by YouGov for U.S. bank

UK public inflation expectations retrace in April, Citi/YouGov survey shows
Business|Economy|Education|Environment|Health|Lifestyle

Local groups create reusable menstrual pads to help families in need

Local groups create reusable menstrual pads to help families in need

Local groups create reusable menstrual pads to help families in need
Business|Economy|Finance|World

Americans’ taxes by the numbers

Americans’ taxes by the numbers

Americans’ taxes by the numbers
Business|Crime|Economy|Lifestyle

Volusia sheriff announces lawsuits against Daytona Beach spring break party promoters

Volusia sheriff announces lawsuits against Daytona Beach spring break party promoters

Volusia sheriff announces lawsuits against Daytona Beach spring break party promoters
Business|Economy|Finance|Political|Stock Markets|US|World

Carney unveils $18 billion Canadian government-owned investment fund

Canada's prime minister says the country is developing a government-owned investment fund

Carney unveils $18 billion Canadian government-owned investment fund
Business|Economy|Finance|Stock Markets|US

Bill Ackman's Pershing Square IPO expected to raise $5 billion, sources say

Billionaire hedge fund manager Bill Ackman is expected to raise $5 billion for his new closed-end fund that is part of a combined initial public offering of

Bill Ackman's Pershing Square IPO expected to raise $5 billion, sources say
Business|Economy|Technology|World

Microsoft facing UK antitrust lawsuit from Slack over Teams 'bundling'

Salesforce and its workspace messaging app Slack are suing Microsoft at London's High Court over alleged anticompetitive practices relating to its Teams app.

Microsoft facing UK antitrust lawsuit from Slack over Teams 'bundling'
Business|Economy|Finance|Stock Markets|World

Dollar eases as US-Iran talks stall, traders eye Powell's final Fed meeting

The U.S. dollar eased against the euro on Monday as investors weighed a diplomatic impasse in U.S.-Iran negotiations and braced for a week packed with

Dollar eases as US-Iran talks stall, traders eye Powell's final Fed meeting
Business|Economy|Political

Senate panel to vote on Wednesday on advancing Fed chair Warsh's nomination

The Senate Banking Committee is expected on Wednesday to advance Kevin Warsh's nomination as Federal Reserve Chair to the full Senate, with a vote now set for 10 a.m.

Senate panel to vote on Wednesday on advancing Fed chair Warsh's nomination
Business|Economy|Finance|Stock Markets|US|World

American Airlines to raise $1.14 billion through aircraft-backed securities

American Airlines is raising a combined $1.14 billion through the sale of aircraft-backed securities, and plans to use the proceeds to fund new planes, refinance existing aircraft

American Airlines to raise $1.14 billion through aircraft-backed securities
Business|Crime|Economy|Education|Environment|Political|World

Four killed, 70 wounded in mortar, rocket attacks by Pakistan, Afghan Taliban says

Mortar and rocket attacks launched by Pakistan against Afghanistan killed four people on Monday and wounded 70 more, the Taliban government said, as

Four killed, 70 wounded in mortar, rocket attacks by Pakistan, Afghan Taliban says
Business|Economy|Finance|Stock Markets|World

Jain Global to return investor cash, manage money for Millennium, sources say

Jain Global will return all cash to investors and manage money exclusively for Millennium Management under a new agreement, people familiar with the matter told

Jain Global to return investor cash, manage money for Millennium, sources say
Business|Economy|Education|Environment|Health|Political

Hospital nurses voice concern over HR-1 cuts

Hospital nurses voice concern over HR-1 cuts

Hospital nurses voice concern over HR-1 cuts
Business|Economy|Finance|Stock Markets|World

Short sellers' bets on life insurance stocks soar as private credit concerns grow

Short sellers' bets against U.S. life insurance stocks more than doubled in the past year to over $5 billion, a Reuters analysis of ORTEX data shows, a

Short sellers' bets on life insurance stocks soar as private credit concerns grow
Business|Economy|Environment|World

Oil prices hit two-week high as Iran talks stall and Strait of Hormuz shipments lag

Oil prices climbed about 3% to a two-week high on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz

Oil prices hit two-week high as Iran talks stall and Strait of Hormuz shipments lag
Business|Economy|Science|Technology|World

AI casts existential shadow over legacy software companies, Bridgewater CIOs warn

When Amazon began selling books online, many feared traditional bookstores such as Barnes & Noble would fade into obsolescence.

AI casts existential shadow over legacy software companies, Bridgewater CIOs warn
Business|Economy|Finance|Stock Markets|US|World

Budget airlines pitch US government aid under $2.5 billion relief plan

A group of U.S. budget airlines, including Frontier and Avelo, has proposed exchanging warrants that could be converted into equity stakes for $2.5

Budget airlines pitch US government aid under $2.5 billion relief plan
Business|Economy|Finance|Political|Stock Markets|US|World

Oil advances with Middle East in focus, equities rise slightly 

MSCI's global equities index advanced modestly on Monday after the White House said President Donald Trump was reviewing a

Oil advances with Middle East in focus, equities rise slightly 
Business|Economy|Education|Health|Lifestyle

Parents working to spread the word about free preschool in Tulsa

Parents working to spread the word about free preschool in Tulsa

Parents working to spread the word about free preschool in Tulsa
Business|Economy|Finance|Stock Markets|Travel

United Airlines CEO confirms he approached American about potential merger, but was rebuffed

United Airlines CEO Scott Kirby on Monday outlined why he thinks a merger between his airline and rival American would benefit travelers, despite American’s refusal to engage in negotiations

United Airlines CEO confirms he approached American about potential merger, but was rebuffed
Economy|Education|Environment|Health|Science

Why the Southeast is burning – extreme drought is only part of the cause

The southeastern US has been in drought for months. With the wind and unusually low humidity, it’s facing perfect conditions for wildfires spreading.

Why the Southeast is burning – extreme drought is only part of the cause
Business|Economy|Science|Technology|World

China blocks Meta from acquiring startup Manus as global AI rivalry deepens

China has banned a planned acquisition of the AI startup Manus following a probe into Meta’s planned purchase of the firm

China blocks Meta from acquiring startup Manus as global AI rivalry deepens
Business|Economy|Finance|Science|Stock Markets|Technology

Microsoft cuts OpenAI revenue share in a fresh step to loosen their AI alliance

Microsoft said Monday it will no longer pay a share of its revenue to ChatGPT maker OpenAI, the latest move to untether a close partnership that helped unleash an artificial intelligence boom

Microsoft cuts OpenAI revenue share in a fresh step to loosen their AI alliance
Business|Economy|MidEast|Political|World

Iran oil tankers turned back by US blockade, Hormuz traffic sparse

Six tankers loaded with Iranian oil have been forced back to Iran by the U.S. blockade in recent days, ship-tracking data shows, underscoring the impact

Iran oil tankers turned back by US blockade, Hormuz traffic sparse
Economy|Europe|Political|World

Hungary and EU to discuss terms of release for billions in blocked funds

Top EU officials and Hungary's incoming government will discuss on Wednesday the changes Budapest needs to push through to release 17 billion euros in EU funds that have

Hungary and EU to discuss terms of release for billions in blocked funds
Business|Economy|Finance|Opinion|Stock Markets

Forget 'fiscal discipline,' record govt debt is here to stay: McGeever

With government debt levels sky high across the developed world, leaders are being warned to get their fiscal houses in order, but in an age of

Forget 'fiscal discipline,' record govt debt is here to stay: McGeever
Business|Economy|Finance|Stock Markets|World

Gulf economies head for worst crisis since pandemic as war roils energy lifeline: Reuters poll

Gulf Cooperation Council (GCC) economies are sliding into their worst economic crisis since the pandemic, with several expected to

Gulf economies head for worst crisis since pandemic as war roils energy lifeline: Reuters poll
Economy|Europe|MidEast|Political|World

Germany's Merz says Iran is humiliating US as talks stall

German Chancellor Friedrich Merz said on Monday Iran's leadership was humiliating the United States and getting U.S. officials to travel

Germany's Merz says Iran is humiliating US as talks stall
Economy|Environment|World

Palestinians use Gaza rubble to restore streets as US rebuilding plan stalls

Palestinians are using war rubble to repave streets destroyed during Israel's two-year assault on Gaza, crushing concrete and metal into pavement under a

Palestinians use Gaza rubble to restore streets as US rebuilding plan stalls
Business|Economy|Finance|Sports|Stock Markets|Technology|World

Sawe's marathon record boosts Adidas in 'supershoe' race with Nike

German sportswear maker Adidas' shares rose on Monday after Kenya's Sabastian Sawe became the first person to run a marathon in under two hours

Sawe's marathon record boosts Adidas in 'supershoe' race with Nike
Business|Economy|Environment|Technology|World

Critical Metals agrees to buy European Lithium for about $835 million

U.S.-based miner Critical Metals has signed a letter of intent to purchase all outstanding shares of European Lithium in an about $835 million deal, a move that would secure its

Critical Metals agrees to buy European Lithium for about $835 million
Economy|Environment|Political|Science|World

Nations meet to discuss fossil fuel exit as Iran war drives up prices

Around 60 governments, including Brazil, Germany, Canada and Nigeria, will hold the first international meeting this week to discuss phasing out fossil

Nations meet to discuss fossil fuel exit as Iran war drives up prices
Business|Economy|Finance|Stock Markets|US|World

Wall St opens lower as investors weigh US-Iran conflict before earnings rush

Wall Street's main indexes opened slightly lower on Monday as peace talks between the U.S. and Iran stalled, while investors awaited a flood of earnings as well as commentary from

Wall St opens lower as investors weigh US-Iran conflict before earnings rush
Arts|Business|Economy|Entertainment|Finance|Food|Stock Markets|US

Domino's Pizza sees weak annual global sales as diners curb spending, shares slump

Domino's Pizza forecast softer growth in annual U.S. and international same-store sales on Monday, as strained consumer sentiment and fierce competition

Domino's Pizza sees weak annual global sales as diners curb spending, shares slump
Business|Economy|Environment|Finance|World

Shell to acquire Canada's ARC in output-boosting $16.4 billion deal

Shell has agreed to buy Canadian energy company ARC Resources in a $16.4 billion deal, paid for mostly with shares, the British firm

Shell to acquire Canada's ARC in output-boosting $16.4 billion deal
Business|Economy|World

Supreme Court takes up appeal from Trump administration over living conditions for migrant farmworkers

Supreme Court takes up appeal from Trump administration over living conditions for migrant farmworkers

Supreme Court takes up appeal from Trump administration over living conditions for migrant farmworkers
Business|Economy|Finance|Sports|Stock Markets|World

Adidas shares get a lift from London Marathon winners

Adidas shares get a lift from London Marathon winners

Adidas shares get a lift from London Marathon winners
Business|Crime|Economy|World

Former homeless shelter executive director accused of stealing $100K in funds

Former homeless shelter executive director accused of stealing $100K in funds

Former homeless shelter executive director accused of stealing $100K in funds
Africa|Business|Economy|World

Congo creates a paramilitary mining guard backed by US and UAE funding

Congo has announced the creation of a paramilitary guard to secure its mining operations, backed by U.S. and Emirati investments

Congo creates a paramilitary mining guard backed by US and UAE funding
Business|Economy|Science|Technology|World

China blocks Meta’s acquisition of Chinese-founded AI startup Manus

China blocks Meta’s acquisition of Chinese-founded AI startup Manus

China blocks Meta’s acquisition of Chinese-founded AI startup Manus
Economy|Finance|Political|World

Russian finance minister warns of regional budgets' strains, rising debt

The combined deficit of Russian regional budgets will grow by 27% to 1.9 trillion roubles ($25.4 billion) in 2026, largely due to lower corporate

Russian finance minister warns of regional budgets' strains, rising debt
Business|Economy|Health|Science|Technology

Seaport, Hemab launch US IPOs as biotech listings gather momentum

Drug developers Seaport Therapeutics and Hemab Therapeutics launched their U.S. initial public offerings on Monday, seeking to capitalize on a growing investor appetite for new

Seaport, Hemab launch US IPOs as biotech listings gather momentum
Business|Economy|Europe|Political|World

Merz suggests Ukraine may have to accept territorial loss to help pave way for EU membership

German Chancellor Friedrich Merz suggested on Monday that Ukraine may have to accept that parts of its territory could remain outside Kyiv's control in a future peace deal

Merz suggests Ukraine may have to accept territorial loss to help pave way for EU membership
Business|Economy|Finance|World

Bank of Canada set to hold rates at 2.25% as oil shock likely short-lived

The Bank of Canada is expected to keep rates on hold at 2.25% on Wednesday as the oil price shock from the Iran war is a temporary blip unlikely to

Bank of Canada set to hold rates at 2.25% as oil shock likely short-lived
Asia|Business|Economy|Finance|Stock Markets|World

Citi to boost Japan, China investment banking teams, plans senior sector-focused hires

Citigroup will further bolster its Japan and China

Citi to boost Japan, China investment banking teams, plans senior sector-focused hires
Business|Economy|Technology|World

Samsung Elec to withdraw home appliances, TV sales from China this year, Nikkei reports

South Korea's Samsung Electronics will withdraw the sale of its home appliances and TV sales business from China within this year, the Nikkei newspaper reported on Monday.

Samsung Elec to withdraw home appliances, TV sales from China this year, Nikkei reports
Business|Economy|Finance|Science|Stock Markets|Technology

Qualcomm surges on report of OpenAI tie-up for AI smartphone processors

Qualcomm shares jumped 13% in premarket trading on Monday after an analyst said OpenAI was working with the chip designer and Taiwan's MediaTek to develop smartphone processors.

Qualcomm surges on report of OpenAI tie-up for AI smartphone processors
Business|Economy|Health

Eli Lilly to buy Ajax Therapeutics for up to $2.3 billion in blood cancer bet

Eli Lilly said on Monday it would buy privately held cancer drug developer Ajax Therapeutics for up to $2.3 billion in cash, as the U.S. drugmaker looks to

Eli Lilly to buy Ajax Therapeutics for up to $2.3 billion in blood cancer bet
Business|Economy|Education|Science|Technology

Perseverance doesn’t always pay off for companies – sometimes it’s better to ‘fail fast’

Business culture has long embraced grit as a winning value. But modern examples show that companies will do better if they acknowledge mistakes quickly and pivot.

Perseverance doesn’t always pay off for companies – sometimes it’s better to ‘fail fast’
Business|Economy|Health|Science|Technology

Thermo Fisher to sell microbiology business to PE firm Astorg for over $1 billion

Medical equipment maker Thermo Fisher Scientific said on Monday it would sell its microbiology business to private equity firm Astorg for about $1.08 billion.

Thermo Fisher to sell microbiology business to PE firm Astorg for over $1 billion
Business|Economy|Technology|Travel

The man who decides when and where your next flight will be going

The man who decides when and where your next flight will be going

The man who decides when and where your next flight will be going
Business|Economy|Finance

Fed likely to hold rates steady as Powell prepares for possible swan song

Federal Reserve policymakers will gather in Washington this week in what may be Jerome Powell's last meeting as head of the U.S. central bank, with

Fed likely to hold rates steady as Powell prepares for possible swan song
Business|Economy|Finance|Stock Markets|US|World

Global consumer companies face pricing stress test from oil shock

The fragile demand recovery seen by consumer companies globally is at risk of getting stalled by chances of more prices hikes as a result

Global consumer companies face pricing stress test from oil shock
Business|Economy|Environment|Science|Technology

Meta partners with space startup Overview Energy to secure solar power for data centers

Meta Platforms has signed an agreement with Overview Energy to secure power from the startup's space-based solar energy infrastructure for the Facebook parent's data centers by

Meta partners with space startup Overview Energy to secure solar power for data centers
Americas|Business|Crime|Economy|Entertainment|Finance|Health|Lifestyle|Political|Stock Markets|US|World

As New Mexico probes Epstein, local survivors come forward

Authorities in New Mexico are trying to determine how many local women and girls were abused by the late sex offender

As New Mexico probes Epstein, local survivors come forward
Business|Economy|Finance|Stock Markets|World

Moody's flags resilience in China economy, moves outlook to 'stable'

Credit ratings agency Moody's on Monday revised China's outlook to "stable" from "negative", citing resilient economic and fiscal strength despite ongoing domestic pressures and

Moody's flags resilience in China economy, moves outlook to 'stable'
Business|Economy|Travel|World

Big fuel bill, Spirit bailout may upend JetBlue Airways return to profitability

Just as JetBlue Airways was nearing its first profitable year since the pandemic, a spike in fuel prices has revived questions about its turnaround,

Big fuel bill, Spirit bailout may upend JetBlue Airways return to profitability
Asia|Business|Economy|Europe|Finance|World

EU extends sanctions against Myanmar by a year

The European Union on Monday extended its sanctions against Myanmar until at least May 2027, in an effort to maintain pressure on the country's military rulers more than

EU extends sanctions against Myanmar by a year
Business|Economy|Environment|World

Companies dust off oil rigs in storage in Venezuela as contracts are overhauled

Oilfield service companies that for years kept rigs and specialized equipment stored in Venezuela have begun removing them from

Companies dust off oil rigs in storage in Venezuela as contracts are overhauled
Business|Economy|Finance|Stock Markets|World

Large US-based fund manager stays bullish on India debt, says rate‑hike fears overblown

Invesco, one of the world's largest asset managers, considers it too early to expect interest rate hikes by the Reserve Bank of India as a response to

Large US-based fund manager stays bullish on India debt, says rate‑hike fears overblown
Business|Economy|Finance|Technology|World

Oil and chips

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The weekend brought us stalemate in Iran, resurgent oil prices, and

Oil and chips
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

UK retail sales tumble by most in over 40 years, CBI survey shows

British retailers reported the broadest year-on-year decline in sales in more than 40 years as the Iran war raised households' inflation fears, a survey

UK retail sales tumble by most in over 40 years, CBI survey shows
Business|Economy|Finance|Travel|US|World

United ends pursuit of American Airlines after merger approach rebuffed

United Airlines said on Monday it had ended its pursuit of a merger with American Airlines after the rival carrier declined to

United ends pursuit of American Airlines after merger approach rebuffed
Economy|Environment|Health|Science|World

Energy shock ripples through kitchens, forests and conservation in Africa and South Asia

Energy shocks linked to the Iran war are pushing households across Africa and South Asia back to charcoal and firewood as cleaner cooking methods become more expensive and unreliable

Energy shock ripples through kitchens, forests and conservation in Africa and South Asia
Business|Economy|Election|Finance|Political|Stock Markets|World

Brazil's Lula and Flavio Bolsonaro neck and neck in second‑round poll

Brazil's President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro are statistically tied in a simulated runoff for this year's presidential election, a BTG

Brazil's Lula and Flavio Bolsonaro neck and neck in second‑round poll
Economy|Election|Europe|Finance|Political|World

Romania's largest party teams up with far-right opposition to topple pro-European coalition

Romania's largest party in parliament, the Social Democrats, will team up with the hard-right opposition Alliance for Uniting Romanians in a bid to topple the pro-

Romania's largest party teams up with far-right opposition to topple pro-European coalition
Business|Economy|Finance|Stock Markets|World

Two months into Iran war, economic strain mounts across emerging markets

Two months since the outbreak of the Iran war, the charts below show how the economic toll is spreading beyond the Middle East, with

Two months into Iran war, economic strain mounts across emerging markets
Business|Economy|Finance|Health|Science|Stock Markets|Technology

Medtronic says cyberattack on IT network has not disrupted operations

Medical device maker Medtronic said on Monday a cyberattack on its computer systems last week did not affect its products or ability to meet patient needs, and is not expected to

Medtronic says cyberattack on IT network has not disrupted operations
Asia|Business|Economy|Finance|World

India-New Zealand trade pact cuts fruit tariffs, boosts exports, visas

India and New Zealand signed a free trade agreement (FTA) on Monday, lowering tariffs on key fruit imports such as kiwifruit

India-New Zealand trade pact cuts fruit tariffs, boosts exports, visas
Business|Economy|Finance|Stock Markets|US

US refiners' first-quarter profits expected to jump as war lifts fuel margins

Top U.S. independent refiners are expected to report stronger first-quarter results than a year ago, helped by supply disruptions tied to the war in the

US refiners' first-quarter profits expected to jump as war lifts fuel margins
Business|Economy|Science|Technology

Space analytics firm HawkEye targets $2.4 billion valuation in US IPO

HawkEye 360 is targeting a valuation of up to $2.42 billion in its initial public offering in the United States, the space analytics company

Space analytics firm HawkEye targets $2.4 billion valuation in US IPO
Business|Economy|Environment|Health|Political|Science

A Supreme Court case over pesticides is bringing out the ‘MAHA moms’ — and threats of consequences for the midterms

A Supreme Court case over pesticides is bringing out the ‘MAHA moms’ — and threats of consequences for the midterms

A Supreme Court case over pesticides is bringing out the ‘MAHA moms’ — and threats of consequences for the midterms
Asia|Business|Economy|World

India and New Zealand sign a free trade agreement to deepen economic ties

India and New Zealand have signed a free trade agreement to deepen economic ties and expand market access

India and New Zealand sign a free trade agreement to deepen economic ties
Business|Economy|Travel|World

The lawless floating gas station where Iranian oil changes hands

The lawless floating gas station where Iranian oil changes hands

The lawless floating gas station where Iranian oil changes hands
Business|Economy|Environment|World

Giant fossil fuel companies made about $12,000 in the time it took you to read this headline

Giant fossil fuel companies made about $12,000 in the time it took you to read this headline

Giant fossil fuel companies made about $12,000 in the time it took you to read this headline
Business|Economy|Europe|Finance|World

A fragile hold: Five questions for the ECB

The European Central Bank meets on Thursday, with an Iran war

A fragile hold: Five questions for the ECB
Business|Economy|Europe|Finance|Stock Markets|US|World

European shares edge lower as US-Iran talks stall; central bank meetings in focus

European shares started the week on a subdued note as investors braced for a packed schedule of central bank meetings, and worries over stalled U.S

European shares edge lower as US-Iran talks stall; central bank meetings in focus
Business|Economy|Environment|World

Iran war fertiliser squeeze could spell trouble for next year's grain harvests

Farmers around the world are facing the second surge in fertiliser prices in four years due to the Iran war.

Iran war fertiliser squeeze could spell trouble for next year's grain harvests
Asia|Crime|Economy|Technology|World

Taiwan court sentences ex-Tokyo Electron staff to 10 years in TSMC trade secrets case

A court in Taiwan has sentenced a former employee of Tokyo Electron to 10 years in prison for stealing trade secrets from TSMC

Taiwan court sentences ex-Tokyo Electron staff to 10 years in TSMC trade secrets case
Business|Economy|Europe|Political|World

Energy prices drag German consumer sentiment to three-year low, survey finds

German consumer sentiment is expected to worsen heading into May as households' income expectations have become bleaker in the face of rising inflation, driven higher by

Energy prices drag German consumer sentiment to three-year low, survey finds
Business|Economy|Environment|Technology|World

LNG tanker orders gain pace despite mixed outlook from Iran war

Global orders to build liquefied natural gas carriers (LNGC) are set to rebound this year after a 2025 slump as growing LNG output and vessel fuel

LNG tanker orders gain pace despite mixed outlook from Iran war
Business|Economy|Science|Stock Markets|Technology|World

DeepSeek's new AI model does not wow markets in fast-changing industry

Market reaction to DeepSeek's preview of its long-awaited next-generation artificial intelligence model has so far been subdued compared with the

DeepSeek's new AI model does not wow markets in fast-changing industry
Business|Economy|Health

Sun Pharma to buy US drugmaker Organon for $11.75 billion in India's largest pharma deal

Sun Pharmaceutical Industries will buy U.S. drugmaker Organon & Co in an all-cash deal valued at about $11.75 billion including debt, for the

Sun Pharma to buy US drugmaker Organon for $11.75 billion in India's largest pharma deal
Business|Economy|Europe|Finance|World

ECB survey shows scant signs of second round inflation effects

Euro zone firms expect inflation to surge in the near term on the war in Iran but longer-term bets remained steady and wage growth is actually seen moderating, the

ECB survey shows scant signs of second round inflation effects
Business|Economy|World

Military spending surges in Europe and Asia, pushing world to levels not seen in 16 years, report says

Military spending surges in Europe and Asia, pushing world to levels not seen in 16 years, report says

Military spending surges in Europe and Asia, pushing world to levels not seen in 16 years, report says
Economy|Education|Health|Lifestyle|Political|World

Many elderly Cubans left to fend for themselves as the latest crisis deepens

Elderly residents in Old Havana gather for meals at the Church of the Holy Spirit, a crucial support amid Cuba’s economic crisis

Many elderly Cubans left to fend for themselves as the latest crisis deepens
Economy|Europe|World

Rents in Germany climb in first quarter, property prices stay flat, IW says

German rents kept rising sharply in the first quarter of 2026 while residential property prices largely stagnated, according to the IW Housing Index,

Rents in Germany climb in first quarter, property prices stay flat, IW says
Business|Economy|Technology|World

Iran war disrupts the circuit board supply chain, raises costs for tech firms

(Corrects April 27 story to delete first bullet point and paragraphs 3-4, which incorrectly said that Iran's attack on Jubail complex halted SABIC's production of PPE resin) By Che Pan, Liam Mo and

Iran war disrupts the circuit board supply chain, raises costs for tech firms
Asia|Business|Economy|Political|World

US presses Taiwan parliament to pass 'comprehensive' defence budget

The top U.S. diplomat in Taiwan on Monday pressed the island's opposition-majority parliament to pass a "comprehensive" defence budget, saying integrated air and missile

US presses Taiwan parliament to pass 'comprehensive' defence budget
Asia|Business|Economy|World

Toyota sales fall for second month in March on Middle East slump, RAV4 model change

Toyota Motor said on Monday global vehicle sales fell for a second successive month in March, as a sharp drop in the Middle East and a model changeover for its popular RAV4

Toyota sales fall for second month in March on Middle East slump, RAV4 model change
Asia|Business|Economy|Europe|Finance|MidEast|Science|Stock Markets|Technology|World

Hormuz and hyperscalers

A look at the day ahead in European and global markets from Tom Westbrook While U.S.-Iran talks have stalled, and next to no oil is making its way through the Strait of Hormuz, stock markets'

Hormuz and hyperscalers
Economy|Finance|Stock Markets|World

Bank of England to keep rates on hold while it gauges impact of Iran war

The Bank of England will keep interest rates on hold this week and try to look ahead to the damage building up for Britain's economy from the Iran war

Bank of England to keep rates on hold while it gauges impact of Iran war
Business|Economy|Europe|Technology|World

Eutelsat CEO says US demand holds despite SpaceX push to curb European rivals 

Demand for alternative satellite services from U.S. businesses and the Pentagon is resilient despite SpaceX's request to U.S. regulators to restrict access

Eutelsat CEO says US demand holds despite SpaceX push to curb European rivals 
Asia|Business|Economy|Political|World

Taiwan says China sanctions on European arms makers will not hit weapons sourcing

Taiwan's defence minister downplayed on Monday the impact of Chinese sanctions on seven European companies over arms sales to the island, saying it was not the first time

Taiwan says China sanctions on European arms makers will not hit weapons sourcing
Business|Economy|Europe|Technology|World

Kia CEO signals price cuts in Europe to fend off Chinese competition

South Korea's Kia Corp has reduced price gaps with Chinese rivals in Europe this year, its CEO said, signalling a price war as Chinese carmakers ramp up their push into a

Kia CEO signals price cuts in Europe to fend off Chinese competition
Business|Economy|Political|Technology|World

Prediction markets under pressure to crack down on rogue bettors and stop insider trading

A soldier betting on an operation to oust Venezuela’s leader

Prediction markets under pressure to crack down on rogue bettors and stop insider trading
Business|Economy|Political|World

Trump says Iran can phone if it wants to talk; Iranian minister heads to Russia

President Donald Trump said on Sunday Iran could telephone if it wants to negotiate an end to their two-month

Trump says Iran can phone if it wants to talk; Iranian minister heads to Russia
Business|Economy|World

China's industrial profit growth quickens even as Iran war heightens risks

Profits at China's industrial firms grew at their quickest pace in half a year last month, adding to broader signs of an uneven economic recovery in the first quarter as

China's industrial profit growth quickens even as Iran war heightens risks
Business|Economy|Election|Political|World

Colombia's ruling left set to extend time in power as Cepeda leads, poll shows

Colombia's ruling left-wing coalition appears poised to retain power, with Ivan Cepeda leading the presidential race on 44.3% support and on track to continue President

Colombia's ruling left set to extend time in power as Cepeda leads, poll shows
Business|Economy|Education|Health|Political|US

Donald Riegle, who represented Michigan in Congress under 7 presidents, dies at 88

Donald W

Donald Riegle, who represented Michigan in Congress under 7 presidents, dies at 88
Business|Economy|Technology|World

How China has expanded its economic toolkit during its trade truce with the US

China has used its trade truce with the United States to broaden its legal leverage, supply chain and critical technology controls, and expand its toolkit

How China has expanded its economic toolkit during its trade truce with the US
Economy|MidEast|Political|US|World

The Latest: Pakistan says US-Iran mediation moving ahead after Trump holds back envoys

Pakistan’s leaders are seeking to revive peace talks between the United States and Iran after President Donald Trump canceled plans for his top envoys to travel to Islamabad this weekend for negotiations

The Latest: Pakistan says US-Iran mediation moving ahead after Trump holds back envoys
Business|Economy|Environment|Technology|World

The Iran war has the world buying more clean energy. China stands to benefit the most

The Iran war has the world buying more clean energy. China stands to benefit the most

The Iran war has the world buying more clean energy. China stands to benefit the most
Economy|Finance|Political|Stock Markets|US|World

Oil prices increase after Iran doubles down on Strait of Hormuz closure, accuses US of undermining trust

Oil prices increase after Iran doubles down on Strait of Hormuz closure, accuses US of undermining trust

Oil prices increase after Iran doubles down on Strait of Hormuz closure, accuses US of undermining trust
Business|Economy|Finance|Stock Markets|World

Japan's record bull run under threat as Mideast war clouds earnings season

As Japanese companies begin earnings season with rosy reports of results past, investors are watching out for signs of the Middle East conflict upending

Japan's record bull run under threat as Mideast war clouds earnings season
Asia|Business|Economy|Technology|World

Under cover of trade truce with Trump, China expands economic pressure toolkit

When U.S.

Under cover of trade truce with Trump, China expands economic pressure toolkit
Economy|Political|World

Iran's top diplomat briefly returns to Pakistan but Trump says the sides can talk by phone

Iran's foreign minister has briefly visited Islamabad again as Pakistan's leaders work to restart ceasefire talks between Tehran and Washington

Iran's top diplomat briefly returns to Pakistan but Trump says the sides can talk by phone
Business|Economy|Finance|World

Global military spending rises 2.9% despite US decline over Ukraine freeze

Global military spending rose 2.9% in 2025 despite a 7.5% decline in the United States as President Donald Trump halted new financial military aid to

Global military spending rises 2.9% despite US decline over Ukraine freeze
Americas|Economy|Election|Finance|Political|World

Peru's Fujimori, leftist Sanchez deadlocked in presidential runoff poll

Right-wing candidate Keiko Fujimori is heading for a dead-heat presidential runoff against leftist Roberto Sanchez, a new poll showed on Sunday, as Peru's vote count drags

Peru's Fujimori, leftist Sanchez deadlocked in presidential runoff poll
Business|Economy|Education|Environment|Lifestyle

Family returns home 19 months after Helene

Family returns home 19 months after Helene

Family returns home 19 months after Helene
Business|Economy

Thom Tillis agrees to move forward with Kevin Warsh’s Fed nomination

Thom Tillis agrees to move forward with Kevin Warsh’s Fed nomination

Thom Tillis agrees to move forward with Kevin Warsh’s Fed nomination
Business|Economy|Finance|Political|Stock Markets|US

Tillis says he's ready to move ahead with confirming Warsh as Trump's pick as Fed chair

The Republican senator who had effectively blocked confirmation of President Donald Trump’s pick to lead the Federal Reserve says he's dropping his opposition after the Department of Justice ended its investigation of the current central bank chair

Tillis says he's ready to move ahead with confirming Warsh as Trump's pick as Fed chair
Economy|Europe|MidEast|Political|World

UK's Starmer and Trump discuss 'urgent need' to restore shipping in Strait of Hormuz

British Prime Minister Keir Starmer and U.S.

UK's Starmer and Trump discuss 'urgent need' to restore shipping in Strait of Hormuz
Business|Economy|Finance

US Senator Tillis says he's ready to advance confirmation of Warsh as Fed chair

Republican Senator Thom Tillis on Sunday said he would allow Senate confirmation of Federal Reserve chair nominee Kevin Warsh to go forward after the Department of Justice on

US Senator Tillis says he's ready to advance confirmation of Warsh as Fed chair
Business|Economy|Technology

Robert Reffkin is changing the way Americans buy homes. Who do those changes help?

Robert Reffkin is changing the way Americans buy homes. Who do those changes help?

Robert Reffkin is changing the way Americans buy homes. Who do those changes help?
Arts|Australia|Business|Crime|Economy|Education|Entertainment|Environment|Food|Health|Interview|Lifestyle|Opinion|Political|Science|Sports|Technology|Travel|World

Australia's Wong to visit Japan, China, South Korea to discuss energy security

Australia's Foreign Minister Penny Wong on Sunday said she would visit Japan, China, and South Korea this week for talks on energy security in the face of disruptions

Australia's Wong to visit Japan, China, South Korea to discuss energy security
Economy|Political|World

Democrats divided on whether removing Trump is a useful midterm message

Until this month, Democrats have displayed military-like discipline in staying on message about the economy. Then came U.S.

Democrats divided on whether removing Trump is a useful midterm message
Economy|Europe|Health|Political|World

Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Switzerland will charge Rome for the costs its health system sustained to treat Italian nationals wounded in the New Year's Eve fire at the Crans-Montana ski resort,

Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims
Business|Economy|Election|Europe|Finance|Political|World

Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Hungary's incoming prime minister Peter Magyar said on Sunday he would go to Brussels on Wednesday for informal talks with European Commission President Ursula von der ​

Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week
Crime|Economy|World

US to let Venezuela pay Maduro's lawyer in drug trafficking case 

(This April 25 story has been repeated without any changes to the text) By Luc Cohen April 25 - The United States has agreed to modify its sanctions on Venezuela to allow the South American country's

US to let Venezuela pay Maduro's lawyer in drug trafficking case 
Business|Economy|Travel

Airlines looking for fare increases to stick, even when jet fuel costs fall

Airlines looking for fare increases to stick, even when jet fuel costs fall

Airlines looking for fare increases to stick, even when jet fuel costs fall
Business|Economy|Finance|World

Egypt economic outlook trimmed slightly due to Iran war: Reuters poll

Analysts have shaved their forecasts for Egyptian economic growth in a Reuters poll for this year and next as the Iran war drives up energy prices and puts

Egypt economic outlook trimmed slightly due to Iran war: Reuters poll
Business|Crime|Economy|Political|World

Probe of stolen $1 billion should continue after conviction of Moldovan magnate, top official says

The investigation of a stolen $1 billion from Moldovan banks more than a decade ago should continue after the conviction of a prominent business

Probe of stolen $1 billion should continue after conviction of Moldovan magnate, top official says
Business|Economy|Technology

Trump hosts crypto contest winners at Mar-a-Lago as his coin languishes

U.S.

Trump hosts crypto contest winners at Mar-a-Lago as his coin languishes
Economy|World

The Latest: Trump says he called off dispatching envoys to Iran talks

President Donald Trump says he told top U_S_ envoys not to travel to Pakistan to negotiate with Iran, telling Fox News that ″they can call us anytime they want.”

The Latest: Trump says he called off dispatching envoys to Iran talks
Economy|Travel|World

Why your dream summer vacation might be slipping out of reach

Why your dream summer vacation might be slipping out of reach

Why your dream summer vacation might be slipping out of reach
Business|Economy|Political|World

Trump cancels envoys' Pakistan trip, in blow to hopes for Iran war breakthrough

President Donald Trump cancelled a trip by two U.S. envoys to Iran war mediator Pakistan on Saturday, dealing

Trump cancels envoys' Pakistan trip, in blow to hopes for Iran war breakthrough
Economy|Environment|Political|US|World

Talks stumble as Iran's top diplomat leaves Pakistan and Trump says he told envoys not to go

The latest attempt at ceasefire talks between the U.S. and Iran appears to have failed

Talks stumble as Iran's top diplomat leaves Pakistan and Trump says he told envoys not to go
Business|Economy|Finance|Political|Stock Markets|US

Trump bought at least $51 million in bonds in March, disclosure shows

U.S.

Trump bought at least $51 million in bonds in March, disclosure shows
Asia|Business|Economy|Europe|World

China condemns EU's inclusion of Chinese entities in sanctions package against Russia

China's commerce ministry on Saturday expressed "firm opposition" to the European Union's inclusion of Chinese entities in its 20th round of sanctions against Russia,

China condemns EU's inclusion of Chinese entities in sanctions package against Russia
Economy|Political|World

Palestinian local elections give some Gazans first chance to vote in years

Palestinians voted in local elections on Saturday that for the first time in two decades include Gaza and are a gauge of the

Palestinian local elections give some Gazans first chance to vote in years
Business|Economy|Lifestyle|Technology|World

Tired of high costs, some Americans are importing homes straight from China

Tired of high costs, some Americans are importing homes straight from China

Tired of high costs, some Americans are importing homes straight from China
Business|Economy|Political|World

Iran says it won't accept 'maximalist demands' as Islamabad hosts peace push

Iranian Foreign Minister Abbas Araqchi laid out Iran's demands and its reservations about U.S. positions on

Iran says it won't accept 'maximalist demands' as Islamabad hosts peace push
Economy|Environment|Finance|Science|Travel

Trees are magic. In Newport, volunteers are working to expand their healthy reach

On Newport’s south side, historic and opulent mansions sit on an avenue with mature trees that help cool the neighborhoods, clean the air and foster wildlife

Trees are magic. In Newport, volunteers are working to expand their healthy reach
Americas|Business|Crime|Economy|Political|US|World

A sudden shift: ICE arrests drop nearly 12% after Minneapolis killings and immigration shake-up

At the peak of the crackdown, carloads of masked immigration officers were a common sight in the streets of Minneapolis, while thousands of people were being arrested every week in Texas, Florida and California

A sudden shift: ICE arrests drop nearly 12% after Minneapolis killings and immigration shake-up
Business|Economy|Education|Political|World

In Supreme Court fight against deportation shield, Trump says judges have no role

Among President Donald Trump's main arguments at the U.S.

In Supreme Court fight against deportation shield, Trump says judges have no role
Economy|Political|US|World

Republicans retool midterm strategy: Trump's policies, but less Trump

With U.S. gas prices up, President Donald Trump's approval

Republicans retool midterm strategy: Trump's policies, but less Trump
Economy|Environment|Political|Science|Technology

Trump's disdain for wind power creates political turbulence for Republicans in coastal Virginia

President Donald Trump's attempts to cancel offshore wind projects have drawn opposition not only from environmentalists but also from Republicans

Trump's disdain for wind power creates political turbulence for Republicans in coastal Virginia
Business|Economy|Finance|World

Don't count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes

President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office

Don't count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes
Business|Economy|Education|Health|World

Italy votes down equal parental leave while fathers redefine their role online

Every afternoon in a Milan suburb, Diego Di Franco picks up his children from school, manages after‑school activities and prepares dinner

Italy votes down equal parental leave while fathers redefine their role online
Business|Economy|Environment|Finance|Health|Lifestyle

Homes destroyed, pets lost and precious memories burned to ashes in Georgia wildfires

Homes destroyed, pets lost and precious memories burned to ashes in Georgia wildfires

Homes destroyed, pets lost and precious memories burned to ashes in Georgia wildfires
Business|Economy|Science|Technology

What are your chances of being audited now that the IRS is using AI? Jury is still out

What are your chances of being audited now that the IRS is using AI? Jury is still out

What are your chances of being audited now that the IRS is using AI? Jury is still out
Business|Economy|Environment|Political|World

EU considers helping with Mideast energy infrastructure to bypass conflict zones

Top European Union officials say the bloc is looking into funding alternative energy infrastructure in the Middle East that would circumvent conflict hot spots like the Strait of Hormuz

EU considers helping with Mideast energy infrastructure to bypass conflict zones
Business|Economy|Finance|Stock Markets|Technology|US|World

Soaring US stocks face pivotal week of tech-led earnings, Fed meeting

A scorching U.S. stock rally faces a test from a mammoth week of corporate results led by major technology companies, along with a Federal Reserve

Soaring US stocks face pivotal week of tech-led earnings, Fed meeting
Business|Economy|Environment|Finance|Lifestyle|Science|US|World

Wildfires abound in US Southeast, Georgia suffers record property losses

Georgia Governor Brian Kemp declared an emergency on Friday for 91 counties in his state, where authorities are battling two major wildfires that have caused

Wildfires abound in US Southeast, Georgia suffers record property losses
Business|Economy|Political|World

Trump has not mentioned Canada paying an 'entry fee' ahead of USMCA talks, says Carney

U.S.

Trump has not mentioned Canada paying an 'entry fee' ahead of USMCA talks, says Carney
Business|Economy|Finance|Stock Markets|World

Canada February retail sales up 0.7%; seen up 0.6% in March

Canadian retail sales rose 0.7% in February from January to C$72.06 billion ($52.68 billion) on higher sales at motor vehicle and parts dealers, Statistics Canada said on

Canada February retail sales up 0.7%; seen up 0.6% in March
Business|Economy|Finance|World

China first-quarter fiscal spending quickens as Beijing seeks to spur growth

China’s fiscal spending rose 2.6% in the first quarter from a year earlier, accelerating from a 1% increase in 2025, the finance ministry said on Friday, as Beijing steps

China first-quarter fiscal spending quickens as Beijing seeks to spur growth
Business|Economy|Health|World

After waiting years for justice, many Purdue opioid victims are defeated — by paperwork

Tammy Blanton’s life unraveled after years of taking opioids initially prescribed for migraines, according to her daughter Mary Anne, who says the drugs left

After waiting years for justice, many Purdue opioid victims are defeated — by paperwork
Business|Economy|Environment|Political|World

Oil prices end volatile session mixed but up sharply for the week on supply worries

Oil prices whipsawed in volatile trade on Friday, but were higher on the week, as traders weighed supply disruptions against the

Oil prices end volatile session mixed but up sharply for the week on supply worries
Business|Economy|Finance|Stock Markets|World

Brazil posts wider-than-expected current account deficit in March

Brazil's current account deficit totaled $6.036 billion in March, central bank data showed on Friday, exceeding the $5.489 billion shortfall expected by economists in a

Brazil posts wider-than-expected current account deficit in March
Business|Economy|World

UK companies ramp up selling price expectations, Bank of England survey shows

British businesses ramped up their expectations for selling prices in the year ahead, according to a survey published by the Bank of England on Friday that added to a run of

UK companies ramp up selling price expectations, Bank of England survey shows
Business|Economy|Finance|Technology|US

US judge dismisses Musk's fraud claims in OpenAI case at his request, plans to proceed to trial

A U.S. judge on Friday dismissed Elon Musk's fraud claims in his lawsuit accusing OpenAI and co-founder Sam Altman of betraying OpenAI's original mission, but plans to proceed to

US judge dismisses Musk's fraud claims in OpenAI case at his request, plans to proceed to trial
Business|Economy|Political|Technology|World

Another wave of public outcry tests Putin's rule in wartime Russia

Public dissent appears to be deepening in Russia

Another wave of public outcry tests Putin's rule in wartime Russia
Economy|Political|World

Iran's foreign minister arrives in Pakistan, Trump expects offer satisfying US demands

Iranian Foreign Minister Abbas Araqchi arrived in the Pakistani capital Islamabad on Friday to discuss

Iran's foreign minister arrives in Pakistan, Trump expects offer satisfying US demands
Business|Economy|Finance|Political|Stock Markets|US

Judge appears skeptical of Trump’s $10 billion lawsuit against IRS and Treasury

Judge appears skeptical of Trump’s $10 billion lawsuit against IRS and Treasury

Judge appears skeptical of Trump’s $10 billion lawsuit against IRS and Treasury
Business|Economy|Technology

Related Digital secures financing for $16 billion Oracle data center in Michigan

Data center developer Related Digital said on Friday it has secured financing for a $16 billion data center campus it is building in Michigan for Oracle.

Related Digital secures financing for $16 billion Oracle data center in Michigan
Crime|Economy|Political|Technology

Soldier’s arrest comes after pattern of suspicious trades on prediction markets

Soldier’s arrest comes after pattern of suspicious trades on prediction markets

Soldier’s arrest comes after pattern of suspicious trades on prediction markets
Business|Crime|Economy|Election|Finance|Political|Stock Markets|US|World

Mississippi will reexamine judicial redistricts after US Supreme Court rules in voting rights case

Mississippi Gov. Tate Reeves is announcing a special session for judicial redistricting following an upcoming U.S. Supreme Court ruling in a major Voting Rights Act case

Mississippi will reexamine judicial redistricts after US Supreme Court rules in voting rights case
Economy|Europe|MidEast|Political|World

The Latest: Trump sending Witkoff and Kushner to Pakistan for talks with Iran foreign minister

U.S. President Donald Trump is sending envoys Steve Witkoff and Jared Kushner to Pakistan on Saturday to continue talks with Iran

The Latest: Trump sending Witkoff and Kushner to Pakistan for talks with Iran foreign minister
Business|Economy|Entertainment|Technology

IHeartMedia holds merger talks with Sirius XM, Bloomberg News reports

IHeartMedia Inc is in talks about a potential merger with Sirius XM Holdings, Bloomberg News reported on Friday, citing people familiar with the discussions.

IHeartMedia holds merger talks with Sirius XM, Bloomberg News reports
Arts|Business|Economy|Entertainment|US|Videos

Screenwriters overwhelmingly approve a 4-year contract with Hollywood studios

Members of the screenwriters union have ratified a four-year agreement with Hollywood studios

Screenwriters overwhelmingly approve a 4-year contract with Hollywood studios
Americas|Economy|Europe|MidEast|Political|World

Russia's Lavrov says US discarding international conventions, pursuing its own interests

Russian Foreign Minister Sergei Lavrov accused the United States of abandoning internationally recognised diplomatic conventions in pursuit of its own interests, particularly in

Russia's Lavrov says US discarding international conventions, pursuing its own interests
Americas|Business|Crime|Economy|Political|World

Leaders of Colombia, Venezuela agree intelligence-sharing, talk electricity at Caracas meeting

Colombian President Gustavo Petro and his Venezuelan counterpart Delcy Rodriguez agreed intelligence-sharing measures to combat

Leaders of Colombia, Venezuela agree intelligence-sharing, talk electricity at Caracas meeting
Business|Economy|Finance|Technology|US

CFTC sues New York to block oversight of prediction markets

The U.S.

CFTC sues New York to block oversight of prediction markets
Business|Economy|Political|US|World

US considers using Defense Production Act in Spirit Airlines restructuring, source says

U.S.

US considers using Defense Production Act in Spirit Airlines restructuring, source says
Business|Economy|Finance|Political|Stock Markets|US|World

US won't renew Iranian and Russian oil waivers, Bessent says

Treasury Secretary Scott Bessent says the U.S. does not plan a third renewal of a waiver allowing the purchase of Russian oil that is currently at sea

US won't renew Iranian and Russian oil waivers, Bessent says
Business|Economy|Finance|US|World

US to hold public hearings on April 28-29 related to probes of forced labor

The U.S.

US to hold public hearings on April 28-29 related to probes of forced labor
Business|Economy|Finance|Stock Markets|World

S&P 500, Nasdaq close at records on tech lift, Iran peace talk hopes

The S&P 500 and Nasdaq closed at record highs on Friday, bolstered by optimism for possible negotiations between the U.S. and Iran

S&P 500, Nasdaq close at records on tech lift, Iran peace talk hopes
Business|Economy|Environment|Political|World

Trump says he will be looking into banks regarding Los Angeles wildfires

U.S.

Trump says he will be looking into banks regarding Los Angeles wildfires
Business|Economy|Finance|Stock Markets|US

Lincoln International targets rare investment bank IPO in US markets

Lincoln International filed for an initial public offering in the United States on Friday, setting the stage for the rare stock market

Lincoln International targets rare investment bank IPO in US markets
Business|Economy|Environment|Technology

A dozen US states weigh data center curbs; Maine governor vetoes bill

The Democratic governor of Maine, Janet Mills, vetoed a bill that would have made it the first ​U.S. state to impose a moratorium on large new data centers, saying the

A dozen US states weigh data center curbs; Maine governor vetoes bill
Business|Economy|Health|Science

Johnson & Johnson to offer four prescription medicines on TrumpRx website

Johnson & Johnson will start selling four of its medications on the Trump administration's TrumpRx website, the company told Reuters on Friday.

Johnson & Johnson to offer four prescription medicines on TrumpRx website
Business|Economy|Finance|Stock Markets|World

Tech boosts US stocks to record close, oil dips on signs of Iran peace progress

The S&P 500 and the Nasdaq notched all-time closing highs on Friday as investors assessed signs of progress in U.S.-Iran peace talks and weighed solid

Tech boosts US stocks to record close, oil dips on signs of Iran peace progress
Business|Crime|Economy|World

US special forces soldier arrested after allegedly winning $400,000 on Maduro raid

US special forces soldier arrested after allegedly winning $400,000 on Maduro raid

US special forces soldier arrested after allegedly winning $400,000 on Maduro raid
Business|Economy|Environment|World

Only five ships pass through Strait of Hormuz in 24 hours

Only five ships, including one Iranian oil products tanker, have passed through the Strait of Hormuz in the past 24 hours, Friday shipping data showed,

Only five ships pass through Strait of Hormuz in 24 hours
Economy|Political|World

Trump dispatches Witkoff and Kushner to Pakistan for new talks with Iran's foreign minister

President Donald Trump is sending his envoys Steve Witkoff and Jared Kushner to Pakistan to meet with Iran’s foreign minister as officials in the South Asian nation push to revive ceasefire talks

Trump dispatches Witkoff and Kushner to Pakistan for new talks with Iran's foreign minister
Economy|Education|Environment|Lifestyle|Science

Colorado's wildlife crossings can reduce animal-vehicle crashes by 90% — would you pay $5 to build more?

Colorado's wildlife crossings can reduce animal-vehicle crashes by 90% — would you pay $5 to build more?

Colorado's wildlife crossings can reduce animal-vehicle crashes by 90% — would you pay $5 to build more?
Business|Economy|Finance|MidEast|Stock Markets|World

Intel’s best day since 1987 leads the US stock market to more records

A surge for Intel following a blowout profit report led the U.S. stock market to more records, while oil prices kept yo-yoing in the wait for what’s next with the Iran war

Intel’s best day since 1987 leads the US stock market to more records
Business|Crime|Economy|Political|World

Argentina court orders seizure of ex-president Kirchner's assets

An Argentine appellate court has upheld a lower court decision for the assets of former Argentine President Cristina Kirchner to be confiscated in

Argentina court orders seizure of ex-president Kirchner's assets
Business|Economy|World

SLB, Baker Hughes see oil exploration spending rising as Iran war disrupts supply

Top oilfield services companies SLB and Baker Hughes said on Friday they expect higher spending on oil

SLB, Baker Hughes see oil exploration spending rising as Iran war disrupts supply
Business|Economy|Environment|World

Canada greenlights Enbridge gas pipeline expansion in test of Carney approval process 

Canada has approved a C$4 billion ($2.93 billion) expansion of Enbridge's Westcoast natural gas pipeline system in British Columbia, the first major

Canada greenlights Enbridge gas pipeline expansion in test of Carney approval process 
Business|Economy|Political|World

New York sues US for canceling $73.5 million in highway funding

New York sued the Trump administration for withholding more than $73.5 million in highway funding over the state's decision not to revoke some

New York sues US for canceling $73.5 million in highway funding
Business|Economy|Finance|Stock Markets|World

Dollar slips as DOJ drops Powell probe, clearing path for Warsh

The dollar fell on Friday, pressured by the Justice Department's decision to close its investigation into Federal Reserve Chair

Dollar slips as DOJ drops Powell probe, clearing path for Warsh
Business|Crime|Economy

Grand jury indicts 4 Cleveland officers, 4 former employees for alleged PPP fraud

Grand jury indicts 4 Cleveland officers, 4 former employees for alleged PPP fraud

Grand jury indicts 4 Cleveland officers, 4 former employees for alleged PPP fraud
Business|Economy

How the DOJ went from investigating Powell to dropping the case

The Federal Reserve's years-long renovation of two historic buildings along the National Mall to be used as part of its headquarters in Washington exploded into political

How the DOJ went from investigating Powell to dropping the case
Business|Economy|Environment|Technology

Maine governor blocks first US state freeze on new data centers

The Democratic governor of Maine, Janet Mills, on Friday vetoed a bill that would have made it the first U.S. state to impose a moratorium on large

Maine governor blocks first US state freeze on new data centers
Business|Economy|Education|Environment|Finance|Political|Stock Markets|US|World

US legal adviser says Iran war justified by Tehran's 'aggression' over decades

The U.S.

US legal adviser says Iran war justified by Tehran's 'aggression' over decades
Business|Crime|Economy|Political|World

US soldier charged with using classified intel to win $400K on Maduro raid is granted bond

A U.S. soldier involved with the capture of Venezuelan President Nicolás Maduro has been granted bond, a day after being charged with using classified information about the operation to win more than $400,000 in an online prediction market

US soldier charged with using classified intel to win $400K on Maduro raid is granted bond
Business|Economy|Education|Environment|Lifestyle

Idaho couple donates 330 acre 'oasis' to land trust to create a nature preserve instead of subdivisions

Idaho couple donates 330 acre 'oasis' to land trust to create a nature preserve instead of subdivisions

Idaho couple donates 330 acre 'oasis' to land trust to create a nature preserve instead of subdivisions
Business|Economy|Environment|Technology|World

SLB seeks to pass on costs as Iran war disrupts supply chains (April 24)

SLB said it is seeking to recover higher costs from customers after the

SLB seeks to pass on costs as Iran war disrupts supply chains (April 24)
Business|Economy|Finance|Stock Markets|US|World

Avis roller coaster drags a big index along for the ride

White-knuckle trading this month in car rental firm Avis Budget has taken one of the longest-standing U.S. stock indexes for its own thrill ride.

Avis roller coaster drags a big index along for the ride
Business|Economy|Europe|Finance|Stock Markets|World

Deutsche Boerse CEO warns against 24/7 trading as Wall Street gears up for it

Trading stocks round-the-clock, seven days a week could damage markets by fragmenting liquidity, German exchange operator

Deutsche Boerse CEO warns against 24/7 trading as Wall Street gears up for it
Business|Economy|Environment|Political|World

US, EU deepen cooperation on critical minerals with eye to broader agreement

The U.S. and the European Union on Friday deepened their coordination on critical minerals as part of a broader push by Western allies

US, EU deepen cooperation on critical minerals with eye to broader agreement
Business|Economy|Environment

API, farm groups urge Congress to back year-long E15 sales as prices rise

Groups representing ethanol producers, farmers, and fuel retailers urged Congress on Thursday to allow gas stations to sell higher-ethanol gasoline blends year-round to

API, farm groups urge Congress to back year-long E15 sales as prices rise
Business|Crime|Economy

Scam stopped: UPS Store employee saves resident from $15,000 loss

Scam stopped: UPS Store employee saves resident from $15,000 loss

Scam stopped: UPS Store employee saves resident from $15,000 loss
Business|Economy|Finance|Health|Stock Markets|US

Lilly's obesity pill records modest second week as battle with Novo intensifies

Eli Lilly's newly launched weight-loss pill had a modest second week, analysts said on Friday, as competition with Danish rival Novo Nordisk heats up in the oral

Lilly's obesity pill records modest second week as battle with Novo intensifies
Business|Crime|Economy|Finance|Political

Justice Dept drops investigation into Fed Chair Powell, removing obstacle to Warsh

The Justice Department is closing its investigation into Federal Reserve Chair Jerome Powell, U.S.

Justice Dept drops investigation into Fed Chair Powell, removing obstacle to Warsh
Business|Economy|Environment|Science|Technology

Nuclear reactor maker X-Energy valued at $11.9 billion in stellar Nasdaq debut

X-Energy shares surged 30.9% in their Nasdaq debut, fetching the company a valuation of $11.9 billion and signaling strong interest in the

Nuclear reactor maker X-Energy valued at $11.9 billion in stellar Nasdaq debut
Business|Economy|Political|Science|Technology

US Space Force taps 12 firms for $3.2 billion Golden Dome missile defense contracts

April 24 - The U.S. Space Force has awarded contracts worth up to $3.2 billion to 12 companies to develop space-based missile defense interceptor systems, advancing U.S.

US Space Force taps 12 firms for $3.2 billion Golden Dome missile defense contracts
Business|Economy|Technology|World

Brazil aims to regulate critical minerals without tax breaks, finance minister says

Brazil's planned critical minerals rules do not involve fresh tax breaks, Finance Minister Dario Durigan said on Friday, adding that

Brazil aims to regulate critical minerals without tax breaks, finance minister says
Business|Economy|Science|Technology

Google to invest up to $40 billion in AI rival Anthropic

Google-parent Alphabet will invest up to $40 billion in Anthropic, as the tech giant deepens its partnership with the artificial intelligence startup that is also its rival in the

Google to invest up to $40 billion in AI rival Anthropic
Business|Crime|Economy|Political|World

US soldier charged over Maduro removal insider bets released on $250,000 bond

A U.S.

US soldier charged over Maduro removal insider bets released on $250,000 bond
Crime|Economy|Environment|World

Second border wall construction underway in Southern Arizona

Second border wall construction underway in Southern Arizona

Second border wall construction underway in Southern Arizona
Business|Economy|Finance|Political|Stock Markets|US|World

US imposes sanctions on a China-based oil refinery and 40 shippers over Iranian oil

The Trump administration is sanctioning a major China-based oil refinery and about 40 shipping companies

US imposes sanctions on a China-based oil refinery and 40 shippers over Iranian oil
Business|Crime|Economy|Political|US

Jeanine Pirro drops criminal probe of Jerome Powell

Jeanine Pirro drops criminal probe of Jerome Powell

Jeanine Pirro drops criminal probe of Jerome Powell
Business|Economy|Technology|US|World

Microsoft to offer voluntary retirement to thousands of US employees for the first time

Microsoft to offer voluntary retirement to thousands of US employees for the first time

Microsoft to offer voluntary retirement to thousands of US employees for the first time
Business|Economy|Finance

After facing the death of its dominant newspaper, Pittsburgh's media has a surprising turnaround

Things looked bleak for media in Pittsburgh until a stunning turnaround

After facing the death of its dominant newspaper, Pittsburgh's media has a surprising turnaround
Business|Economy|Finance|US|World

Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh

The Justice Department has ended its investigation into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of Kevin Warsh as his successor

Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh
Business|Economy|Finance|Political|Stock Markets|World

Russian central bank cuts key rate by only 50 bps, raises oil price forecast on Iran war

The Russian central bank reduced its key rate by 50 basis points to 14.5% on Friday, as expected by analysts, despite pressure from

Russian central bank cuts key rate by only 50 bps, raises oil price forecast on Iran war
Business|Economy|Finance|Stock Markets|US

Jane Street's $40 billion trading haul tops rivals, sources say

Jane Street, Wall Street's leading market maker, generated a record $39.6 billion in net trading revenue last year, leapfrogging its biggest high-speed

Jane Street's $40 billion trading haul tops rivals, sources say
Business|Economy|Finance|Stock Markets|Technology

US chipmakers hit record highs as Intel turbocharges AI rally

U.S. chip stocks soared to record highs on Friday as Intel's unexpectedly strong revenue forecast reinforced confidence that the AI boom

US chipmakers hit record highs as Intel turbocharges AI rally
Business|Economy|Finance|Stock Markets

Canada budget deficit over first 11 months of 2025/26 rises to C$25.55 billion

Canada recorded a higher C$25.55 billion ($18.66 billion) budget deficit for the first 11 months of the 2025/26 fiscal year as government expenditures grew faster than

Canada budget deficit over first 11 months of 2025/26 rises to C$25.55 billion
Business|Economy|Finance|Stock Markets|US

Instant View: End of Powell probe relieves uncertainty over Fed succession plan

The Justice Department is closing its investigation into Federal Reserve Chair Jerome Powell, U.S.

Instant View: End of Powell probe relieves uncertainty over Fed succession plan
Business|Economy|Finance|Stock Markets|World

Lots of talk, lots of tech

Next week combines the big three obsessions for investors right now - the war in Iran, the path of interest rates and the AI boom.

Lots of talk, lots of tech
Business|Economy|Environment|Europe|Political|World

EU prepares to clash with US again over shipping carbon levy

European Union countries agreed on Friday to keep pushing for a global price on shipping's CO2 emissions in U.N. talks next week,

EU prepares to clash with US again over shipping carbon levy
Business|Economy|Finance|Stock Markets|World

UK stocks end week lower as fragile U.S.-Iran truce weighs; BoE flags risks

UK's main stock indexes recorded weekly losses as investors assessed tentative signs of renewed U.S.-Iran peace talks, while a Bank of England warning that global stocks could

UK stocks end week lower as fragile U.S.-Iran truce weighs; BoE flags risks
Business|Economy|Europe

European equities log steep weekly losses with no resolution to MidEast conflict

European shares posted a sharp weekly loss on Friday, as investors worried about risks to growth and inflation with energy supplies still

European equities log steep weekly losses with no resolution to MidEast conflict
Business|Economy|Finance|World

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold

Businesses have doled out up to $4 million to send ships through the Panama Canal while trying to avoid the Iran war's risks and effective closure of the Strait of Hormuz

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold
Economy|Technology|World

US freezes $344 million in cryptocurrency said to be linked to Iran

US freezes $344 million in cryptocurrency said to be linked to Iran

US freezes $344 million in cryptocurrency said to be linked to Iran
Arts|Business|Economy|Environment|Health|Political|Science|Technology

How the Supreme Court will have a major impact on the economy this spring

How the Supreme Court will have a major impact on the economy this spring

How the Supreme Court will have a major impact on the economy this spring
Business|Economy|Entertainment|Sports|Technology

Kansas City Royals, Hallmark Cards announce partnership for new downtown ballpark

Kansas City Royals, Hallmark Cards announce partnership for new downtown ballpark

Kansas City Royals, Hallmark Cards announce partnership for new downtown ballpark
Business|Economy|Environment|Political

Trump grants 90-day Jones Act waiver extension to curb energy costs

President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around the United States, the White

Trump grants 90-day Jones Act waiver extension to curb energy costs
Business|Economy|World

Mexican economy misses expectations is February, slow start to the year

Mexico's economic activity expanded slightly in February but missed expectations, extending its rough patch since the start of the year, official data showed on

Mexican economy misses expectations is February, slow start to the year
Business|Economy|Finance|Technology|World

China to curb US investment in tech companies, Bloomberg News reports

China plans to restrict top technology firms, including leading AI startups, from accepting U.S. capital without government approval, Bloomberg News reported on Friday, citing

China to curb US investment in tech companies, Bloomberg News reports
Africa|Business|Economy|Education|Health|Lifestyle|Political|World

Eswatini celebrates King Mswati III's 40 years as critics decry royal spending

Marching bands blew horns, women ululated and men cheered on Friday to celebrate King Mswati III's 40 years on Eswatini's throne,

Eswatini celebrates King Mswati III's 40 years as critics decry royal spending
Business|Economy|Finance|Political|US|World

Putin may attend G20 summit in Miami after US invitation

Russian President Vladimir Putin could travel to the G20 summit in Miami in December, the Kremlin said on Friday after

Putin may attend G20 summit in Miami after US invitation
Business|Economy|Science|Technology|World

China's DeepSeek rolls out a long-anticipated update of its AI model

DeepSeek, the Chinese artificial intelligence startup that shook up world markets last year, has launched preview versions of its latest major update

China's DeepSeek rolls out a long-anticipated update of its AI model
Business|Economy|Science|Technology

DeepSeek-V4, the Chinese AI model adapted for Huawei chips

Chinese startup DeepSeek on Friday released a preview version of V4, its new artificial intelligence model adapted to run on Huawei chips, marking

DeepSeek-V4, the Chinese AI model adapted for Huawei chips
Business|Economy|Finance|Stock Markets|Technology

Intel soars on signs AI boom for CPUs is here

Demand for Intel's central processors from firms offering AI services was so strong in the first quarter that it sold even chips it had originally

Intel soars on signs AI boom for CPUs is here
Business|Economy|Finance|US|World

US discussing dollar swap lines with Gulf and Asian partners, Treasury's Bessent says

The United States is discussing currency swap lines with other countries including Gulf and Asian partners, Treasury Secretary Scott Bessent

US discussing dollar swap lines with Gulf and Asian partners, Treasury's Bessent says
Business|Economy|Finance|Stock Markets|World

P&G warns of $1 billion profit hit in fiscal 2027 from higher oil prices

U.S. consumer goods giant Procter & Gamble on Friday warned of a roughly $1 billion post-tax hit to its fiscal 2027 profit from surging

P&G warns of $1 billion profit hit in fiscal 2027 from higher oil prices
Business|Economy|Finance|Political|Stock Markets|US|World

US consumer sentiment slumps to record low in April; inflation expectations rise

U.S. consumer sentiment fell to a record low in April as households shrugged off a ceasefire in the war with Iran, remaining focused on the inflation

US consumer sentiment slumps to record low in April; inflation expectations rise
Business|Economy|Finance|Travel

Union says US bailout of Spirit Airlines must protect employees

A union representing workers at Spirit Airlines said on Friday any U.S. bailout of the bankrupt low-cost carrier must protect employees.

Union says US bailout of Spirit Airlines must protect employees
Business|Economy|Technology|World

US, EU announce action plan to coordinate trade policies on critical minerals

The United States and European Union on Friday released an action plan to coordinate trade policies and measures on critical minerals supply chains,

US, EU announce action plan to coordinate trade policies on critical minerals
Business|Economy|Europe|Finance|Stock Markets|World

Luxury group Cucinelli tightens controls on sanctions compliance after allegations

Luxury group Brunello Cucinelli has strengthened its controls to monitor compliance with European Union sanctions on Russia, its 2025 annual report shows, following

Luxury group Cucinelli tightens controls on sanctions compliance after allegations
Economy|Europe|MidEast|Political|Travel|World

Pope Leo condemns Iran’s killing of protesters but says he cannot support war

Pope Leo XIV on Thursday denounced the Iranian regime’s killing of protesters but stressed that, “as a pastor,” he cannot support the US-Israeli war with Iran.

Pope Leo condemns Iran’s killing of protesters but says he cannot support war
Business|Economy|Entertainment|Finance

Warner Bros. Discovery shareholders approve Paramount takeover

Warner Bros. Discovery shareholders approve Paramount takeover

Warner Bros. Discovery shareholders approve Paramount takeover
Business|Economy|Finance|Stock Markets|US|World

Consumer sentiment rebounds slightly after hitting lowest level on record

Consumer sentiment rebounds slightly after hitting lowest level on record

Consumer sentiment rebounds slightly after hitting lowest level on record
Business|Economy|Finance|Sports

NFL draft in NIL era includes players taking a pay cut to go from college to the pros

It might not take long to become a millionaire in the NFL

NFL draft in NIL era includes players taking a pay cut to go from college to the pros
Business|Crime|Economy|Finance|Political|Stock Markets|US|World

Locked Capitol doors and more cash for security are the new normal after Minnesota assassination

State lawmakers across the U.S. are increasing security measures as political violence rises

Locked Capitol doors and more cash for security are the new normal after Minnesota assassination
Economy|Europe|Political|World

Donald Trump’s ire and Russian criticism are helping Giorgia Meloni at home

Donald Trump’s ire and Russian criticism are helping Giorgia Meloni at home

Donald Trump’s ire and Russian criticism are helping Giorgia Meloni at home
Business|Economy|Finance|Sports|Stock Markets|World

World Cup final tickets now reselling for over $2 million each

World Cup final tickets now reselling for over $2 million each

World Cup final tickets now reselling for over $2 million each
Economy|Europe|Finance|Political|World

Norway should use wealth fund for aid due to oil price rise in Iran war, Egeland says

Norway should use some of the income from its $2.2 trillion sovereign wealth fund, the world's largest, to help civilians suffering from the war in Iran,

Norway should use wealth fund for aid due to oil price rise in Iran war, Egeland says
Economy|Europe|Finance|Science|Technology|World

Europe’s markets watchdog warns cyber threats are growing as AI speeds up risks

The chief of Europe’s securities regulator said the risks from and potential speed of cyberattacks are growing, joining a chorus

Europe’s markets watchdog warns cyber threats are growing as AI speeds up risks
Business|Economy|Finance|Stock Markets|US|World

Norfolk Southern warns fuel costs will pressure coming quarters

Norfolk Southern said on Friday that surging fuel prices will continue to pressure earnings in the coming quarters after higher fuel costs weighed on margins and

Norfolk Southern warns fuel costs will pressure coming quarters
Business|Economy|Finance|Stock Markets|Technology|US

U.S. equity fund inflows rise on earnings optimism, AI boost

U.S. equity funds attracted the largest weekly net investment in four weeks through April 22, driven by upbeat corporate earnings results and optimism over AI-linked business

U.S. equity fund inflows rise on earnings optimism, AI boost
Business|Economy|Finance|Science|Technology|World

Meta strikes deal with Amazon's cloud unit to use its CPU chips 

Meta Platforms and Amazon.com on Friday said Meta will use Amazon Web Services' (AWS) Graviton5 central processing unit (CPU) chips, a deal an AWS

Meta strikes deal with Amazon's cloud unit to use its CPU chips 
Americas|Business|Economy|Political|World

Russia vows to help Cuba withstand US 'blackmail and threats'

Russia said on Friday that it stood in solidarity with Cuba and would continue to provide humanitarian aid to the Communist‑run island republic, rejecting what it

Russia vows to help Cuba withstand US 'blackmail and threats'
Business|Economy|Finance|World

Bank of Canada to hold interest rates this year, show patience with energy inflation: Reuters poll

The Bank of Canada will hold its overnight rate steady next week and through the rest of the year, according to a majority of economists polled by Reuters, most

Bank of Canada to hold interest rates this year, show patience with energy inflation: Reuters poll
Business|Economy|World

Canada March Wholesale trade most likely up 1.3% - Statscan flash estimate

Canadian wholesale trade most likely rose 1.3% in March from February, largely driven by higher sales in the machinery, equipment and supplies subsector, Statistics Canada said in

Canada March Wholesale trade most likely up 1.3% - Statscan flash estimate
Economy|Europe|Political|World

Poland says it will challenge Mercosur trade deal in EU's top court

Poland will file a complaint to the European Union's top court about the bloc's free trade agreement with South America, Deputy Prime Minister Wladyslaw Kosiniak-Kamysz

Poland says it will challenge Mercosur trade deal in EU's top court
Business|Economy|Europe|Finance|Technology|World

Porsche to sell stake in sports car maker Bugatti

Porsche will sell its stakes in sports car makers Bugatti and Rimac to a consortium led by a U.S. fund linked to Egypt's billionaire Sawiris family, the companies

Porsche to sell stake in sports car maker Bugatti
Business|Economy|Finance|Health|Stock Markets

HCA beats quarterly profit estimates despite weaker flu season volume

By Siddhi Mahatole and Christy Santhosh April 24 Reuters) - HCA Healthcare narrowly beat Wall Street estimates for first-quarter profit on Friday but faced a dip in patient admissions during the flu

HCA beats quarterly profit estimates despite weaker flu season volume
Business|Economy|Europe|Finance|Stock Markets|World

Swiss National Bank defends investment approach after calls to ditch Palantir stake

Swiss National Bank Chairman Martin Schlegel defended the central bank's investment approach on Friday, after campaigners from Minneapolis called on the

Swiss National Bank defends investment approach after calls to ditch Palantir stake
Economy|Europe|Political|World

Danish government talks deadlocked one month after election

Talks on forming a new Danish government are in stalemate one month on from the country's parliamentary election, slowing

Danish government talks deadlocked one month after election
Business|Economy|Health|Technology

US health insurers advance measures to standardize prior authorization requirements

UnitedHealth and CVS Health said on Friday they have standardized data and submission requirements for more than half of their prior authorizations, as part of an industry effort

US health insurers advance measures to standardize prior authorization requirements
Business|Economy|Science|Technology|World

Chinese EV maker NIO bets on in-house chips to cut reliance on Nvidia

NIO is betting that in-house chip development will sharpen its technological edge and improve profitability, Chief Executive William Li said on Friday, as the Chinese

Chinese EV maker NIO bets on in-house chips to cut reliance on Nvidia
Business|Economy|Finance|World

Russia's Nabiullina on rate cut, outlook and the economy

Russian Central Bank Governor Elvira Nabiullina addressed a press conference on Friday after the central bank cut its key rate by 50 basis points to 14.5%.

Russia's Nabiullina on rate cut, outlook and the economy
Business|Economy|Stock Markets|World

S&P 500, Nasdaq open higher on fresh hopes of US-Iran talks

The S&P 500 and the Nasdaq Composite rose on Friday as renewed hopes for U.S.-Iran negotiations to end the war lifted sentiment, while a surge in Intel shares added further

S&P 500, Nasdaq open higher on fresh hopes of US-Iran talks
Business|Economy|Environment|Finance|US

Norfolk Southern's profit fell 27% as it didn't collect big insurance payments for Ohio derailment

Norfolk Southern railroad’s first-quarter profit fell 27% because it didn’t collect big insurance payments related to the East Palestine, Ohio, derailment and its planned merger with Union Pacific added to its costs

Norfolk Southern's profit fell 27% as it didn't collect big insurance payments for Ohio derailment
Economy|Education|Opinion|Science|Technology

China surpasses US in research spending – the consequences extend far beyond scientific ranking and clout

Scientific innovation has been driving US economic growth for decades. Losing that edge means losing access to the technologies and brainpower that come with it.

China surpasses US in research spending – the consequences extend far beyond scientific ranking and clout
Business|Economy|Lifestyle|Science|Technology

You probably wouldn’t notice if an AI chatbot slipped ads into its responses

People who interacted with different AI chatbots in a study didn’t realize the bots were including veiled advertising in their replies

You probably wouldn’t notice if an AI chatbot slipped ads into its responses
Economy|Education|Environment|Health|Opinion

‘Affordable’ Pittsburgh doesn’t have enough affordable housing – here’s why

For a quarter of its residents, Pittsburgh isn’t an affordable place to live. A contested housing policy is at the center of efforts to change that.

‘Affordable’ Pittsburgh doesn’t have enough affordable housing – here’s why
Business|Economy|Finance|Sports|US|World

4 tickets to World Cup final are listed on FIFA's resale site for more than $2 million

FIFA’s resale site has four tickets on sale for the World Cup final for just under $2.3 million each

4 tickets to World Cup final are listed on FIFA's resale site for more than $2 million
Business|Economy|Science|Technology|World

At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up

China’s top automakers are showcasing their latest models and technologies from intelligent driving to ultrafast charging in Beijing as they compete with global rivals in overseas markets

At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up
Business|Economy|Environment|World

Indonesia reaffirms it has no plan to impose tolls in Malacca Strait

Indonesia has no plan to impose tolls on ships passing through the Malacca Strait, its finance minister said on Friday, after his comments about

Indonesia reaffirms it has no plan to impose tolls in Malacca Strait
Business|Economy|Science|Technology|World

After call from Beijing, China's auto industry races to embed AI in just about everything

It took China 25 years to dominate the market for electric vehicles.

After call from Beijing, China's auto industry races to embed AI in just about everything
Business|Economy|Europe|Finance|World

Key ECB policymaker comments in run up to April 30 meeting

The following are key comments from European Central Bank policymakers in the run-up to the April 30 meeting.

Key ECB policymaker comments in run up to April 30 meeting
Economy|Political|World

Americans blame Trump for gas price surge in midterm election year, Reuters/Ipsos poll finds

A clear majority of Americans blame President Donald Trump for surging gasoline prices, which is weighing on his Republican Party ahead

Americans blame Trump for gas price surge in midterm election year, Reuters/Ipsos poll finds
Business|Economy|Environment|Finance|Stock Markets|Technology|World

Schrödinger’s ceasefire

Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

Schrödinger’s ceasefire
Economy|Environment|Europe|Political|World

Russia says new EU sanctions will hurt developing countries

Russia said on Friday that new European Union sanctions on its oil and gas would hurt developing countries and the EU itself, and promised to retaliate.

Russia says new EU sanctions will hurt developing countries
Business|Economy|Finance|Stock Markets|Technology

At SpaceX, AI is burning the cash that Starlink earns

Elon Musk is touting SpaceX as humanity's ticket to Mars.

At SpaceX, AI is burning the cash that Starlink earns
Business|Economy|Europe|Political|World

Putin's approval rating falls to lowest since before Ukraine war, state pollster says

Russian President Vladimir Putin's approval rating has fallen for a seventh week in a row to 65.6%, its lowest level since the invasion of Ukraine in February 2022,

Putin's approval rating falls to lowest since before Ukraine war, state pollster says
Economy|Environment|Europe|Political|World

Moldova parliament votes to end energy state of emergency

Moldova's parliament voted to lift the country's energy state of emergency from Saturday, which had been imposed after Russian attacks in neighbouring Ukraine knocked

Moldova parliament votes to end energy state of emergency
Business|Economy|Technology|World

BYD doubles down on fast charging to target China's EV holdouts

China's BYD is pushing super-fast charging to attract drivers still loyal to petrol cars and sharpen its edge in the world's largest auto market, the

BYD doubles down on fast charging to target China's EV holdouts
Business|Crime|Economy|Technology|World

US launches sweeping crackdown on Southeast Asia cyberscams and sanctions Cambodian senator

U.S. officials have announced a major crackdown on Southeast Asian cyberscam operations controlled by Chinese transnational organized crime

US launches sweeping crackdown on Southeast Asia cyberscams and sanctions Cambodian senator
Business|Economy|Finance|Science|Stock Markets|Technology|World

Global equity fund inflows surge to 17-month high on AI optimism

Weekly inflows into global equity funds surged to a more than 17-month high in the week through April 22, fuelled by optimism over demand for artificial intelligence and robust

Global equity fund inflows surge to 17-month high on AI optimism
Business|Economy|Europe|Finance|Stock Markets

Electrolux's shares fall 24% on US slump, $1 billion rights issue

Electrolux shares plunged 24% on Friday as weak U.S. demand hit its first-quarter results, hours after it announced a $1 billion rights issue and

Electrolux's shares fall 24% on US slump, $1 billion rights issue
Business|Economy|Political|World

No US-Iran peace talks in sight, but Islamabad maintains security lockdown

For nearly a week, Pakistan's capital has been waiting for peace talks between the U.S. and Iran to take place there, and although there is no sign the

No US-Iran peace talks in sight, but Islamabad maintains security lockdown
Economy|Environment|Health|World

War, drought, aid shortfall to fuel hunger in 2026, global report says

Conflict, drought and shrinking aid will keep global hunger at critical levels in 2026, with food insecurity expected to worsen in some of the world's

War, drought, aid shortfall to fuel hunger in 2026, global report says
Asia|Business|Economy|Technology|World

Hyundai Motor to launch 20 models in five years in new China campaign

Hyundai Motor will roll out 20 new models in China over the next five years as it seeks to revive its fortunes in the world's largest auto market, the

Hyundai Motor to launch 20 models in five years in new China campaign
Business|Economy|Finance|Stock Markets|World

Nomura posts record annual profit, sees no prolonged impact from Iran war so far

(Corrects the figure for private credit exposure in Nomura's wholesale division to $400 million from $200 million in paragraph 14.)

Nomura posts record annual profit, sees no prolonged impact from Iran war so far
Business|Economy|Education|Election|Finance|Political

Conservative super PAC threatens to unseat Republicans over immigration bill

House Republicans are facing a fresh challenge in the 2026 midterms: the Homeland Political Action Committee, a new conservative super PAC targeting Republican

Conservative super PAC threatens to unseat Republicans over immigration bill
Business|Economy|Finance|World

Warsh's quest for better inflation data is a well-worn, difficult pursuit for Fed

Federal Reserve Chair nominee Kevin Warsh has called for a major rethink of how to measure inflation, but he may have less trouble finding new

Warsh's quest for better inflation data is a well-worn, difficult pursuit for Fed
Business|Economy|Finance|World

Brazil shackles public pension funds after Banco Master meltdown

Brazil's biggest bank failure in recent history has led to an aggressive crackdown on public pension funds, which were among its creditors, limiting

Brazil shackles public pension funds after Banco Master meltdown
Arts|Business|Economy|Europe|MidEast|Technology|World

Porsche, under pressure to cut costs, divests from sportscar maker Bugatti

Porsche has agreed to sell its stakes in sportscar makers Bugatti and Rimac to a consortium led by a U.S. fund co-

Porsche, under pressure to cut costs, divests from sportscar maker Bugatti
Business|Economy|Science|Technology|World

China’s AI upstart DeepSeek drops new model. Will it make waves like last year?

China’s AI upstart DeepSeek drops new model. Will it make waves like last year?

China’s AI upstart DeepSeek drops new model. Will it make waves like last year?
Business|Economy|Political|Science|Technology|World

Trump administration vows crackdown on Chinese companies 'exploiting' AI models made in US

The Trump administration is vowing to crack down on foreign tech companies’ exploitation of U.S. artificial intelligence models, singling out China at a time that country is narrowing the gap with the U.S. in the AI race

Trump administration vows crackdown on Chinese companies 'exploiting' AI models made in US
Business|Economy|Finance|Science|Technology|World

Japan launches financial task force amid AI security fears

Japan will set up a task force to address cybersecurity risks in its financial system following concerns about potential vulnerabilities linked to

Japan launches financial task force amid AI security fears
Business|Economy|Europe|Finance|World

German business sentiment falls in April to lowest level since 2020

German business morale fell more than expected in April, as the Iran war made companies more pessimistic and threatened the long-awaited recovery of

German business sentiment falls in April to lowest level since 2020
Business|Economy|Europe|Finance|Stock Markets|World

UK drivers' dash for fuel at start of Iran war boosts retail sales

British motorists worried about fuel price increases rushed to the pumps immediately after the start of the Iran war, pushing up total sales volumes

UK drivers' dash for fuel at start of Iran war boosts retail sales
Business|Economy|Europe|Finance|Stock Markets|World

Spain's industrial prices rise at fastest pace in a year as energy costs bite

A spike in energy costs caused Spanish industrial prices to rise at their fastest rate in a year in March after falling for four consecutive months, the National Statistics

Spain's industrial prices rise at fastest pace in a year as energy costs bite
Business|Economy|Europe|Finance|Political|Stock Markets|World

Swiss National Bank chairman says Middle East conflict will hit economy

The Middle East conflict will lead to slower economic growth and higher inflation in Switzerland, but the Swiss National Bank has unrestricted scope to target

Swiss National Bank chairman says Middle East conflict will hit economy
Business|Economy|Political|World

China rejects Trump accusation that intercepted Iran ship was 'gift from China'

China's foreign ministry on Friday rejected an accusation by U.S.

China rejects Trump accusation that intercepted Iran ship was 'gift from China'
Business|Economy|Environment|Technology|World

Minneapolis campaigners press Swiss National Bank to dump Palantir investment

The Swiss National Bank should sell its $1.1 billion stake in Palantir Technologies, campaigners from Minneapolis said at a meeting of the central bank on

Minneapolis campaigners press Swiss National Bank to dump Palantir investment
Business|Economy|Europe

Car parts group Forvia's sales dragged by weakness in China

Forvia said on Friday that a sharp sales decline in China caused a 2.2% drop in the French car parts supplier's first-quarter revenue, excluding currency translation effects.

Car parts group Forvia's sales dragged by weakness in China
Business|Economy|Environment|Science|Technology

Powered land and zombie projects: Real estate in the age of AI

Land left dormant by the decline of the chemical industry in northeastern England has taken

Powered land and zombie projects: Real estate in the age of AI
Business|Economy|Europe|Finance|Stock Markets

Stellantis to focus funding on core car brands as CEO drives turnaround, sources say

Stellantis will focus the majority of its investment on its core Jeep, Ram, Peugeot and Fiat brands under CEO Antonio

Stellantis to focus funding on core car brands as CEO drives turnaround, sources say
Economy|Europe|World

French consumer confidence falls sharply in April as war takes toll on economy

French consumer confidence fell sharply in April, recording its largest drop since the start of the Ukraine war in 2022, the INSEE official statistics agency said on Friday.

French consumer confidence falls sharply in April as war takes toll on economy
Business|Economy|Finance|Stock Markets|World

Iran flaunts its grip, investors cower

A look at the day ahead in European and global markets from Rae Wee Markets were in a dour mood on Friday, with Iran flaunting its grip over the Strait of Hormuz serving as a stark reminder that the

Iran flaunts its grip, investors cower
Business|Economy|Environment|Science|Technology

Australian lithium miner PLS says energy security concerns driving demand growth

PLS is seeing deepening and broadening demand for lithium, partly driven by energy security concerns, CEO Dale Henderson said on

Australian lithium miner PLS says energy security concerns driving demand growth
Business|Economy|Finance|Stock Markets|World

Up, or down? War scrambles financial markets' signalling efforts

The traditional global asset correlations that collapsed when the war in the Middle East erupted remain broken, leaving investors to piece together

Up, or down? War scrambles financial markets' signalling efforts
Business|Economy|Environment|Fashion and Beauty|World

Iran war hits Asia's polyester suppliers to global fast fashion

A surge in fossil fuel prices since the Iran war is squeezing polyester suppliers and garment makers across

Iran war hits Asia's polyester suppliers to global fast fashion
Business|Economy|Health|Political

Reclassifying marijuana as a less dangerous drug might only be the first step for Trump

President Donald Trump’s decision to reclassify state-licensed medical marijuana as a less dangerous drug is a boon for the industry

Reclassifying marijuana as a less dangerous drug might only be the first step for Trump
Business|Economy|Europe|Finance|World

SNB's Schlegel says prolonged energy shock could lift inflation, hit growth

Swiss National Bank Chairman Martin Schlegel said the outlook for Switzerland's economy hinges on how long conflict-driven energy price pressures persist, warning that

SNB's Schlegel says prolonged energy shock could lift inflation, hit growth
Business|Economy|Finance|World

Fitch says no immediate downgrade if Indonesia's deficit tops 3% due to Iran war impact

Indonesia has room to breach its legal fiscal deficit ceiling of 3% of GDP without triggering an immediate ratings downgrade

Fitch says no immediate downgrade if Indonesia's deficit tops 3% due to Iran war impact
Business|Economy|Finance|Political|World

US, EU to sign preliminary partnership deal on critical minerals on Friday

The United States and the European Union will sign a memorandum of understanding on Friday for a partnership on critical minerals, the State

US, EU to sign preliminary partnership deal on critical minerals on Friday
Asia|Business|Economy|Technology|World

Mercedes steels itself for 'roller coaster' competition in Chinese market

Mercedes-Benz will use this year's Beijing auto show to pitch how it plans to navigate China's fiercely competitive car market, where Chief Executive Ola Kaellenius says

Mercedes steels itself for 'roller coaster' competition in Chinese market
Business|Economy|Finance|Stock Markets|US|World

Most US companies seen sticking with quarterly reporting

Quarterly earnings reporting may soon become optional for U.S. firms - yet the vast majority of companies are unlikely to take advantage

Most US companies seen sticking with quarterly reporting
Economy|Environment|Science|Travel|World

A tiny Arctic village in Alaska is trying to revive its polar bear tourism industry

A small Indigenous village in Alaska wants to reclaim its status as a top spot for polar bear tourism

A tiny Arctic village in Alaska is trying to revive its polar bear tourism industry
Business|Economy|Finance|World

Japan's core inflation stays below BOJ target, energy risks grow

Japan's core inflation slowed below the central bank's 2% target for a second straight month in March, data showed on Friday, as government fuel subsidies

Japan's core inflation stays below BOJ target, energy risks grow
Business|Economy|World

Trump orders US military to 'shoot and kill' Iranian small boats choking Strait of Hormuz

U.S. President Donald Trump says he has ordered the U.S. military to “shoot and kill” small Iranian boats that deploy mines to choke traffic through the Strait of Hormuz

Trump orders US military to 'shoot and kill' Iranian small boats choking Strait of Hormuz
Business|Economy|Environment|Europe|Political|World

US still delivering weapons to Ukraine, Zelenskyy says, as Prince Harry visits Kyiv

Ukrainian President Volodymyr Zelenskyy says U.S. weapon deliveries to Ukraine haven't stopped despite the Iran war

US still delivering weapons to Ukraine, Zelenskyy says, as Prince Harry visits Kyiv
Economy|Health|Political|US

'Two ways of calculating': Trump defends his mathematically impossible calculations on drug prices

President Donald Trump, known for popularizing the term "fake news," seems to have shifted focus to a healthy dose of fake math in defending impossibly large cuts to prescription drug prices

'Two ways of calculating': Trump defends his mathematically impossible calculations on drug prices
Business|Economy|Technology|World

Singapore emerging as neutral ground as AI firms navigate Sino-US rivalry

Singapore is transforming from East-West gateway to neutral ground for the AI sector, with Chinese startups hoping to operate

Singapore emerging as neutral ground as AI firms navigate Sino-US rivalry
Business|Economy|Science|Technology

Amazon-backed X-Energy raises over $1 billion in IPO

Nuclear reactor developer X-Energy, which is backed by Amazon, said on Thursday it had raised $1.02 billion in its initial public offering in the United States.

Amazon-backed X-Energy raises over $1 billion in IPO
Business|Economy|Education|Environment|Health|Lifestyle|Science|World

WHO global alliance delivers 100 million childhood vaccine doses since 2023

More than 100 million vaccine doses have been delivered to 18.3 million children worldwide since 2023 under a global drive to reverse pandemic-related declines

WHO global alliance delivers 100 million childhood vaccine doses since 2023
Business|Economy|Technology|World

UK to face 'big tariff' if it doesn't drop tech tax, Trump says

U.S.

UK to face 'big tariff' if it doesn't drop tech tax, Trump says
Business|Economy|Political|World

US Senator Steve Daines to lead visit to China before May summit, SCMP reports

U.S. Republican Senator Steve Daines will lead a five-member bipartisan delegation to China next week, the South China Morning Post reported on Friday, citing sources. U.S.

US Senator Steve Daines to lead visit to China before May summit, SCMP reports
Business|Economy|Environment|Science|Technology

Elon Musk lays out Terafab AI chip project plan

SpaceX has proposed an initial $55 billion investment to build a semiconductor manufacturing facility in Texas, according to a filing made public on Wednesday.

Elon Musk lays out Terafab AI chip project plan
Arts|Business|Economy|Education|Entertainment|Environment|Finance|Food|Health|Lifestyle|Opinion|Science|Sports|Technology|Travel|World

Key takeaways from a report into the deadly plane crash at LaGuardia Airport

Federal investigators have released a preliminary report on last month's deadly airplane crash at a New York City airport

Key takeaways from a report into the deadly plane crash at LaGuardia Airport
Business|Economy|Environment|Finance|World

South Georgia wildfires destroy homes, force evacuations

More than 50 homes and structures were destroyed this week and at least 1,000 others were threatened on Thursday by wildfires in southeast Georgia that sent

South Georgia wildfires destroy homes, force evacuations
Australia|Business|Economy|Finance|World

Suncorp buys $1.7 billion reinsurance cover, sees FY26 premium growth of 3%

Australian general insurer Suncorp said on Friday it had purchased a five-year aggregate reinsurance cover that will provide up to A$2.4 billion ($1.71 billion) in total

Suncorp buys $1.7 billion reinsurance cover, sees FY26 premium growth of 3%
Business|Economy|US|World

Trump says Navy Secretary Phelan was fired over shipbuilding conflicts

Navy Secretary John Phelan was fired after conflicts with senior Pentagon leadership over shipbuilding, U.S. President Donald Trump said on Thursday.

Trump says Navy Secretary Phelan was fired over shipbuilding conflicts
Business|Economy|Europe|Technology|World

German software maker SAP beats first-quarter profit estimates on cloud demand

Europe's largest software maker SAP on Thursday reported a 17% increase in first-quarter profit, beating estimates, due to strong growth in its cloud business.

German software maker SAP beats first-quarter profit estimates on cloud demand
Business|Economy|Environment|Finance|Stock Markets

Fortescue spends more on green energy, keeps shipment forecast steady

Australian miner Fortescue announced further spending on green energy on Friday, as it seeks to insulate itself from global oil market volatility, while keeping its full-year

Fortescue spends more on green energy, keeps shipment forecast steady
Business|Economy|Finance|Technology|US

SpaceX refinanced debt with stopgap $20 billion loan before IPO filing

Elon Musk's SpaceX took out a $20 billion bridge loan last month to refinance much of its existing debt ahead of its blockbuster U.S.

SpaceX refinanced debt with stopgap $20 billion loan before IPO filing
Asia|Business|Economy|World

Japan March core CPI rises 1.8% yr/yr

Japan's core consumer prices rose 1.8% in March from a year earlier, government data showed on Friday.

Japan March core CPI rises 1.8% yr/yr
Business|Economy|Entertainment|Finance|Stock Markets|Travel|US

Trump says he’s considering buying Spirit Airlines ‘at the right price.’ It might still be a bad deal

Trump says he’s considering buying Spirit Airlines ‘at the right price.’ It might still be a bad deal

Trump says he’s considering buying Spirit Airlines ‘at the right price.’ It might still be a bad deal
Business|Economy

Trump's 'gold card' visa starting at $1 million granted to just 1 person so far, White House says

President Donald Trump's “gold card” visa program, which allows foreigners to live and work in the U.S. for at least $1 million, has approved just one person since December, Commerce Secretary Howard Lutnick announced this Thursday

Trump's 'gold card' visa starting at $1 million granted to just 1 person so far, White House says
Business|Economy|Finance|Technology

Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts

In the latest round of tech industry job cuts, Meta is laying off about 8,000 workers and Microsoft is offering buyouts to a similar number

Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts
Business|Economy|Finance|Stock Markets|Travel|US

Trump considers a taxpayer takeover of Spirit Airlines and would aim to resell carrier

President Donald Trump says he is weighing a taxpayer takeover of Spirit Airlines and would aim to resell the troubled carrier after oil prices drop

Trump considers a taxpayer takeover of Spirit Airlines and would aim to resell carrier
Business|Economy|Finance|Stock Markets|World

Trading Day: Geopolitical reality check

Oil prices jumped and Wall Street fell on Thursday, with the Nasdaq having its worst day in a month, as fading hopes of a U.S.-Iran peace deal

Trading Day: Geopolitical reality check
Business|Economy|Political|US|World

Trump on gas prices: Americans should expect to pay more 'for a little while'

U.S.

Trump on gas prices: Americans should expect to pay more 'for a little while'
Business|Economy|Finance|Stock Markets|World

Newmont beats Q1 profit estimates as record gold prices offset output drop

Newmont beat Wall Street estimates for first-quarter profit on Thursday as record gold prices helped offset lower production, though the world's largest gold miner

Newmont beats Q1 profit estimates as record gold prices offset output drop
Americas|Business|Economy|Political|World

U.S. concerned about Chinese infrastructure in Argentina, U.S. security official says

The United States is concerned about some Chinese infrastructure in Argentina, U.S.

U.S. concerned about Chinese infrastructure in Argentina, U.S. security official says
Business|Economy|Political|US|World

One person approved for $1 million US Gold Card visa program so far, commerce secretary says

The Trump administration has approved only one Gold Card visa under a program granting U.S. residency to non-citizens for a $1 million fee, Commerce Secretary Howard

One person approved for $1 million US Gold Card visa program so far, commerce secretary says
Business|Economy|Political

Democratic lawmakers urge retail, shipper CEOs to pass Trump tariff refunds to consumers

A group of 15 Democrats in the U.S.

Democratic lawmakers urge retail, shipper CEOs to pass Trump tariff refunds to consumers
Economy|Political|World

Iran seizes vessel in Strait of Hormuz, defying US naval superiority

Iran flaunted its tightened grip over the Strait of Hormuz on Thursday with a video of commandos in a

Iran seizes vessel in Strait of Hormuz, defying US naval superiority
Economy|Political|World

Mexico opens probe into economy minister over son's stay in diplomatic residence

Mexican President Claudia Sheinbaum said on Thursday the government has opened an investigation into Economy Minister Marcelo

Mexico opens probe into economy minister over son's stay in diplomatic residence
Business|Economy|Sports|Technology

Struggling Nike will cut around 1,400 jobs in efficiency push

By Nicholas P.

Struggling Nike will cut around 1,400 jobs in efficiency push
Business|Economy|Finance|Stock Markets|World

Baker Hughes tops estimates, says oilfield activity hit by Middle East disruptions

Oilfield services provider Baker Hughes beat Wall Street estimates for first-quarter profit, as strong demand in its industrial and energy technology unit offset drilling weakness

Baker Hughes tops estimates, says oilfield activity hit by Middle East disruptions
Business|Crime|Economy|Environment|Lifestyle|US

Michigan is off the hook in lawsuit over 2020 dam collapse that flooded communities

Michigan regulators have been cleared of liability in a 2020 dam failure that flooded communities, destroyed more than 100 homes and drained a popular summer lake

Michigan is off the hook in lawsuit over 2020 dam collapse that flooded communities
Economy|Education|Environment|Health|Lifestyle

Debris from Hurricane Helene is helping fuel Georgia's wildfires

Fallen trees and limbs scattered across Georgia by Hurricane Helene more than a year ago are now helping fuel destructive wildfires in the state

Debris from Hurricane Helene is helping fuel Georgia's wildfires
Business|Economy|Finance|Sports

PGA Tour loss dries up more funding for Hawaii charities

PGA Tour loss dries up more funding for Hawaii charities

PGA Tour loss dries up more funding for Hawaii charities
Business|Economy|MidEast|Political|US|World

US military developing plans to target Iran’s Strait of Hormuz defenses if ceasefire fails

US military developing plans to target Iran’s Strait of Hormuz defenses if ceasefire fails

US military developing plans to target Iran’s Strait of Hormuz defenses if ceasefire fails
Business|Crime|Economy|Environment|Travel|World

Firefighter heard ‘stop stop stop’ before deadly LaGuardia collision – but didn’t know who the warning was for, NTSB finds

Firefighter heard ‘stop stop stop’ before deadly LaGuardia collision – but didn’t know who the warning was for, NTSB finds

Firefighter heard ‘stop stop stop’ before deadly LaGuardia collision – but didn’t know who the warning was for, NTSB finds
Business|Economy|World

Venezuela was promised an economic revival. But three months of minimum wage doesn’t add up to a single US dollar

Venezuela was promised an economic revival. But three months of minimum wage doesn’t add up to a single US dollar

Venezuela was promised an economic revival. But three months of minimum wage doesn’t add up to a single US dollar
Business|Economy|Technology|World

Brazil regulator approves deeper probe into Google's news content use

Brazil's antitrust watchdog CADE approved on Thursday a recommendation to deepen investigations into the use of journalistic content by Alphabet's Google, which would

Brazil regulator approves deeper probe into Google's news content use
Business|Economy|Health|Political|World

US to loosen marijuana rules in major shift for $47 billion industry

The U.S.

US to loosen marijuana rules in major shift for $47 billion industry
Arts|Business|Crime|Economy|Entertainment|Finance|Political|Sports|World

Citadel hits back after Mamdani features Griffin's penthouse in video

Ken Griffin's Citadel has pushed back against Zohran Mamdani after the New York Mayor dragged in the billionaire investor's penthouse in his push to tax wealthy property owners in

Citadel hits back after Mamdani features Griffin's penthouse in video
Business|Economy|Environment|Finance|Stock Markets|World

Colombia's Ecopetrol to buy 26% stake in Brazil's Brava, seeks majority control

Colombia's state oil firm Ecopetrol has agreed to buy a stake of around 26% in Brazilian energy firm Brava, in a deal that could result in the Colombian company taking

Colombia's Ecopetrol to buy 26% stake in Brazil's Brava, seeks majority control
Business|Economy|Sports|World

Golf-PGA Tour cuts 4% of workforce as part of organisational restructuring

The PGA Tour eliminated 4% of its workforce on Thursday as part of a restructuring process.

Golf-PGA Tour cuts 4% of workforce as part of organisational restructuring
Business|Economy|Finance

Citi creates Financial and Strategic Investors group in investment banking, hires Lazard executive

Citigroup is creating a new division within investment banking to boost transactions with financial sponsors, the bank's head of banking Vis Raghavan

Citi creates Financial and Strategic Investors group in investment banking, hires Lazard executive
Business|Economy|Political|World

US ambassador to Mexico floats action on bribery, corruption

U.S.

US ambassador to Mexico floats action on bribery, corruption
Business|Economy|Education|Environment|Technology

Musk sounds cautious tone on robotaxis amid slower-than-expected rollout

The rollout of Tesla’s fledgling robotaxi business is going more slowly than expected, several Wall Street analysts said, following

Musk sounds cautious tone on robotaxis amid slower-than-expected rollout
Business|Crime|Economy|Education|Environment|Political|World

US EEOC Chair violated ethics rules halting LGBTQ cases, complaint alleges

U.S.

US EEOC Chair violated ethics rules halting LGBTQ cases, complaint alleges
Business|Economy|Political|World

Trump to tap government contracting expert to head TSA, sources say

President Donald Trump intends to nominate a longtime business executive and government contracting expert to head the Transportation Security

Trump to tap government contracting expert to head TSA, sources say
Business|Economy|Health|Political|World

Trump announces drug pricing deal with Regeneron

President Donald Trump announced a drug pricing deal with Regeneron Pharmaceuticals on Thursday, wrapping up the

Trump announces drug pricing deal with Regeneron
Business|Economy|Science|Technology

Intel forecasts second-quarter revenue above estimates, shares jump 15%

By Zaheer Kachwala, Max A.

Intel forecasts second-quarter revenue above estimates, shares jump 15%
Business|Economy|Political|World

White House expected to extend Jones Act waiver up to 90 days, sources say

The White House is expected to extend the Jones Act waiver for up to 90 days as early as Friday to help blunt fuel price pressures tied to the Iran conflict,

White House expected to extend Jones Act waiver up to 90 days, sources say
Americas|Economy|Political|World

Cuban diplomat denies that releasing political prisoners is part of US negotiations

Havana won't abide by any American “ultimatums” to release political prisoners as part of new talks

Cuban diplomat denies that releasing political prisoners is part of US negotiations
Business|Economy|Technology

Meta to cut 10% of staff as it pours billions into AI

Meta to cut 10% of staff as it pours billions into AI

Meta to cut 10% of staff as it pours billions into AI
Business|Crime|Economy|Health

Albertsons reaches $774M settlement to close all opioid-related legal claims

Albertsons reaches $774M settlement to close all opioid-related legal claims

Albertsons reaches $774M settlement to close all opioid-related legal claims
Business|Economy|Finance|Health

Trump unveils deal with Regeneron to lower drug prices as part of most-favored-nation initiative

President Donald Trump has announced a deal with Regeneron to lower the cost of its pharmaceutical products

Trump unveils deal with Regeneron to lower drug prices as part of most-favored-nation initiative
Business|Economy|Finance|Stock Markets|World

US stocks fall on a shaky Wall Street as Brent oil briefly barrels above $107

U.S. stocks pulled back from their record heights on a shaky Wall Street

US stocks fall on a shaky Wall Street as Brent oil briefly barrels above $107
Crime|Economy|Education|Health|Lifestyle

After scammers stole their savings, 3 Maryland women found support in each other

After scammers stole their savings, 3 Maryland women found support in each other

After scammers stole their savings, 3 Maryland women found support in each other
Business|Economy|Environment|Food|Lifestyle

Rain and heat threaten strawberry crops

Rain and heat threaten strawberry crops

Rain and heat threaten strawberry crops
Arts|Business|Economy|Entertainment|Technology

Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giant

An $81 billion Warner-Paramount mega merger has received shareholders’ stamp of approval, propelling a deal that could vastly reshape Hollywood and the wider media landscape closer to the finish line

Warner Bros shareholders approve Paramount's $81 billion takeover of the Hollywood giant
Economy|Finance|Health|Political|US

FACT FOCUS: RFK Jr. misleads on Medicaid cuts

Health Secretary Robert F. Kennedy Jr. has been disputing claims of Medicaid cuts in President Donald Trump's 2025 tax and spending law

FACT FOCUS: RFK Jr. misleads on Medicaid cuts
Asia|Business|Crime|Economy|Technology|World

US charges 2 Chinese nationals with managing cyberscam compound in Myanmar

Two Chinese nationals face charges in the U.S. that they managed a sprawling compound in Myanmar where authorities say workers were forced to participate in cryptocurrency investment fraud scams

US charges 2 Chinese nationals with managing cyberscam compound in Myanmar
Economy|Europe|World

Italy set to become euro zone's most indebted country, replacing Greece

Greece will cease to be the euro zone's most indebted country by the end of this year as its public debt will fall below

Italy set to become euro zone's most indebted country, replacing Greece
Business|Economy|Finance|Technology|World

Electrolux plans about $1 billion share issue, tie-up with Midea in North America to shake up ops

Swedish appliance maker Electrolux said on Thursday it would launch a 9 billion Swedish crown ($976.34 million) rights issue and unveiled

Electrolux plans about $1 billion share issue, tie-up with Midea in North America to shake up ops
Business|Economy|Environment|World

Cuba sees short-term relief as Russian oil begins to flow

Cubans this week began to reap the benefits of a recent 100,000 metric ton delivery of Russian oil, a temporary lifeline for the energy-starved nation and

Cuba sees short-term relief as Russian oil begins to flow
Business|Economy|Finance|Political|World

Crude oil futures jump on reports of air attacks, Iran power struggle

Crude oil futures spiked $5 a barrel on Thursday after reports that air defenses were engaging targets over Tehran and of a power struggle between Iran's

Crude oil futures jump on reports of air attacks, Iran power struggle
Business|Economy|Finance|Stock Markets|World

Stocks close lower on fading hopes for quick Iran deal, mixed quarterly earnings

U.S. stocks fell in choppy trading on Thursday as hopes dimmed for a quick end to the Iran war, while investors grappled with a

Stocks close lower on fading hopes for quick Iran deal, mixed quarterly earnings
Arts|Business|Economy|Environment|Fashion and Beauty|Lifestyle|World

From beauty to transportation, a lack of water and power forces Cubans to change their routines

A lack of water, money and electricity combined with a U

From beauty to transportation, a lack of water and power forces Cubans to change their routines
Business|Economy|Health|US

US FTC settles case against anesthesia company

The U.S.

US FTC settles case against anesthesia company
Business|Economy|Environment|Finance

NextEra expects agreements on Japan-backed gas-fired data center projects within three months

NextEra Energy expects to finalize agreements within about the next three months for giant natural gas-fired power projects that will be backed by

NextEra expects agreements on Japan-backed gas-fired data center projects within three months
Business|Economy|World

Iran fast-boat swarms add to Hormuz threats for shipping

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Iran fast-boat swarms add to Hormuz threats for shipping
Business|Economy|Finance|Stock Markets|Technology|US|World

Nasdaq to launch new products ahead of extended trading hours plan

Nasdaq said on Thursday it will roll out a suite of products to support its planned extension of U.S. equities trading to 23 hours a day, five days a week, as a push to expand

Nasdaq to launch new products ahead of extended trading hours plan
Economy|World

EU formally approves Ukraine loan and 20th sanctions package against Russia

The European Union formally approved on Thursday a 90-billion-euro ($105-billion) loan to Ukraine and new sanctions against

EU formally approves Ukraine loan and 20th sanctions package against Russia
Business|Economy|Sports|World

Bottler Arca's stock jumps as volumes hold steady despite Mexican health tax

Shares in Mexican bottler Arca Continental jumped over 4% in early trading on Thursday after its volumes surpassed

Bottler Arca's stock jumps as volumes hold steady despite Mexican health tax
Business|Economy|Finance|US

Spirit Airlines in advanced talks for federal financing, lawyer says

Spirit Airlines is in advanced discussions with the federal government over financing to help it restructure as it faces a cash

Spirit Airlines in advanced talks for federal financing, lawyer says
Economy|Education|Environment|Health|Political|Travel|World

Pope Leo decries migrants being treated 'worse than house pets'

Pope Leo on Thursday decried the world's treatment of immigrants, saying that often migrants and refugees seeking to escape violence or

Pope Leo decries migrants being treated 'worse than house pets'
Business|Economy|Political|Travel|World

Millions of Americans may now also be considered Canadian under a new law

Millions more Americans might qualify for dual Canadian citizenship under a recent change to Canada’s requirements that has led to a surge in applications from its southern neighbor

Millions of Americans may now also be considered Canadian under a new law
Crime|Economy|Environment|Europe|Science|Technology|Travel|World

France investigates suspected tampering with weather sensors after Polymarket bets

France investigates suspected tampering with weather sensors after Polymarket bets

France investigates suspected tampering with weather sensors after Polymarket bets
Economy|Europe|World

EU approves a $106 billion loan package to help Ukraine after Hungary lifts its veto

The European Union has approved a $106 billion loan package to help Ukraine meet its economic and military needs for the next two years

EU approves a $106 billion loan package to help Ukraine after Hungary lifts its veto
Business|Economy|Finance|World

IMF eyes June visit to Mozambique amid new programme talks 

By Colleen Goko JOHANNESBURG, April 23 - The International Monetary Fund will send a team to Mozambique in June to advance talks on a new loan programme, a spokesperson said, as the country struggles

IMF eyes June visit to Mozambique amid new programme talks 
Business|Economy|Environment|Health|Political|World

Higher fuel costs due to Iran war mean fewer people will receive aid globally, NRC says

The Iran war is having a devastating humanitarian impact globally with higher energy prices making everything from filling the tank of an aid lorry to

Higher fuel costs due to Iran war mean fewer people will receive aid globally, NRC says
Business|Economy|Finance|Stock Markets|World

US stocks end lower, oil climbs as cracks appear in fragile US-Iran truce 

Wall Street stocks dipped on Thursday and crude prices rose as Iran flaunted its control over the Strait of Hormuz and on signs of escalation in the

US stocks end lower, oil climbs as cracks appear in fragile US-Iran truce 
Business|Economy|Finance|Sports|Stock Markets

Lululemon CEO hire from Nike fails to impress investors, shares sink

Investors in Lululemon Athletica expressed disappointment on Thursday after the athletic apparel maker picked its

Lululemon CEO hire from Nike fails to impress investors, shares sink
Arts|Business|Economy|Education|Environment|Finance|Food|Health|Political|Science|Stock Markets|US

US farm agency to move research and food safety staff from Washington

The U.S.

US farm agency to move research and food safety staff from Washington
Business|Economy|Finance|World

Russia's economic contraction may spur key rate cuts, analysts say

Russia's economic contraction in the first two months of the year may prompt the central bank to cut its key rate faster than expected, some analysts

Russia's economic contraction may spur key rate cuts, analysts say
Arts|Business|Economy|Entertainment|Technology

Assassin's Creed maker Ubisoft bets on 'Black Flag' remake to turn its ship around

Ubisoft said on Thursday that "Assassin's Creed Black Flag Resynced", a remake of its 2013 pirate-themed hit title, would launch on July 9, marking the video

Assassin's Creed maker Ubisoft bets on 'Black Flag' remake to turn its ship around
Business|Economy|Finance|World

US fixed 30-year mortgage rate drops to 6.23%

The average rate on the popular U.S. 30-year fixed-rate mortgage fell this week, though further declines are likely to be limited by uncertainty surrounding a fragile

US fixed 30-year mortgage rate drops to 6.23%
Business|Economy|Finance|US

American Airlines rejects United merger, explores deeper Alaska ties

American Airlines Chief Executive Robert Isom flatly rejected a merger with United Airlines as anti-competitive on Thursday, pledged to defend

American Airlines rejects United merger, explores deeper Alaska ties
Business|Economy|Education|Technology

In two Amazon units, 'builder' replaces traditional job titles

During Amazon’s annual review season now under way, hundreds of employees will see their job titles stripped.

In two Amazon units, 'builder' replaces traditional job titles
Business|Economy|Finance|Stock Markets|Technology

Microsoft plans first voluntary employee buyout, CNBC reports

Microsoft is planning its first voluntary employee buyout in the Windows maker's 51-year history, CNBC reported on Thursday, citing a memo.

Microsoft plans first voluntary employee buyout, CNBC reports
Economy|Health|Science

Justice Department reclassifies state-licensed medical marijuana as a less dangerous drug

Justice Department reclassifies state-licensed medical marijuana as a less dangerous drug

Justice Department reclassifies state-licensed medical marijuana as a less dangerous drug
Business|Economy|Environment|World

US oil executives expect crude output to rise as Iran war continues, survey shows

U.S. oil executives expect domestic production to rise as the ongoing war in Iran upends global supplies and pushes crude and fuel prices higher,

US oil executives expect crude output to rise as Iran war continues, survey shows
Economy|World

Sheinbaum taps economist Lazzeri for Mexico's ambassador to the US

Mexican President Claudia Sheinbaum said on Thursday she will propose economist Roberto Lazzeri as the country's next ambassador to the United States, opting to

Sheinbaum taps economist Lazzeri for Mexico's ambassador to the US
Business|Economy|Environment|World

Freeport delays recovery of flagship Indonesian mine; shares down more than 8%

Freeport-McMoRan, the world's largest publicly traded copper producer, said on Thursday it expects a slower-than-anticipated recovery at its flagship Grasberg mine in Indonesia

Freeport delays recovery of flagship Indonesian mine; shares down more than 8%
Business|Crime|Economy|Political|World

Argentina blocks journalists from government house citing espionage with smart glasses

The government of Argentina's President Javier Milei blocked the entry of accredited journalists to government house Casa Rosada

Argentina blocks journalists from government house citing espionage with smart glasses
Arts|Business|Economy|Europe|World

EU pulls $2.3 million from Venice Biennale over Russia's return

The Venice Biennale has lost 2 million euros ($2.3 million) in funding due to its decision to allow Russia to participate in the 61st contemporary art show

EU pulls $2.3 million from Venice Biennale over Russia's return
Business|Economy|Finance|Stock Markets|US

Average US long-term mortgage rate slips to 6.23%, its third weekly drop

The average long-term U.S. mortgage rate dropped for the third week in a row, easing borrowing costs for prospective homebuyers as the spring homebuying season rolls on

Average US long-term mortgage rate slips to 6.23%, its third weekly drop
Economy|Election|Finance|Political|US|World

What Hispanic adults, men and young Americans think of Trump, according to an AP-NORC poll

An AP-NORC poll finds many of the groups that helped elect Donald Trump as president again are deeply unhappy with his performance

What Hispanic adults, men and young Americans think of Trump, according to an AP-NORC poll
Business|Economy|Finance|Stock Markets|World

Mexico's inflation eases less than expected in early April

Mexico's 12-month inflation stood at 4.53% in the first half of April, data from statistics agency INEGI showed on Thursday, above

Mexico's inflation eases less than expected in early April
Business|Economy|World

India says trade talks with U.S. remain constructive after Washington visit

India and the U.S. are engaged in constructive talks aimed at reaching a balanced and mutually beneficial trade agreement, a spokesperson from India's

India says trade talks with U.S. remain constructive after Washington visit
Business|Economy|Finance|Health|Stock Markets|World

Cannabis shares retreat after initial rally on narrow scope of US rescheduling

Shares of cannabis firms reversed early gains on Thursday as investors took a closer look at the limited scope of the U.S. government's move

Cannabis shares retreat after initial rally on narrow scope of US rescheduling
Business|Economy|Finance|World

US labor market stable despite war, but inflation pressures building up

The number of Americans filing claims for unemployment benefits edged up last week, pointing to continued labor market stability in April, though

US labor market stable despite war, but inflation pressures building up
Business|Economy|Finance|Political|Stock Markets|US

US senators seek probe into FAA administrator stock sale

Three Democratic U.S. senators asked a federal watchdog to investigate if the head of the Federal Aviation Administration violated his ethics

US senators seek probe into FAA administrator stock sale
Business|Economy|Finance|Political|Stock Markets|World

Dollar heads for weekly gain as Iran-US tensions undermine ceasefire hopes

The dollar edged higher and was on track for a weekly gain on Thursday, as a standoff between Iran and the United States

Dollar heads for weekly gain as Iran-US tensions undermine ceasefire hopes
Business|Economy|Europe|Finance|Stock Markets|World

UK consumers, worried about Iran war, turn most downbeat since 2023

British consumer morale slid this month to its lowest since October 2023 as households ramped up their expectations for price rises, according to a survey on Thursday that added

UK consumers, worried about Iran war, turn most downbeat since 2023
Business|Economy|Finance|Stock Markets

Union Pacific warns higher fuel prices to pressure margins

Union Pacific said on Thursday it expects a surge in fuel prices, triggered by the conflict in the Middle East, to pressure the railroad

Union Pacific warns higher fuel prices to pressure margins
Business|Economy|Finance|Health|Science|Technology

US health regulators to speed up Medicare device coverage

U.S. health regulators announced a new program to speed up Medicare coverage for certain medical devices on Thursday

US health regulators to speed up Medicare device coverage
Arts|Business|Economy|Entertainment

Warner Bros shareholders back $110 billion merger with Paramount Skydance

Warner Bros Discovery shareholders on Thursday backed the company's proposed $110 billion merger with Paramount Skydance, but cast an advisory vote

Warner Bros shareholders back $110 billion merger with Paramount Skydance
Business|Economy|Europe|Technology

Milan tech firm Bending Spoons picks banks for $20 billion US listing, sources say

Bending Spoons, a European tech firm whose business model is based on reviving companies, has picked banks to organise a potential $

Milan tech firm Bending Spoons picks banks for $20 billion US listing, sources say
Asia|Business|Economy|Europe|Finance|Stock Markets|World

Iran war impact seeps ever deeper into global economy

The global economy is facing ever more tangible strains from the energy shock triggered by the Iran war

Iran war impact seeps ever deeper into global economy
Economy|Education|Environment|Political|Science|Technology

‘They are going to be rejected again’: NASA chief faces grilling on Trump’s budget proposal

‘They are going to be rejected again’: NASA chief faces grilling on Trump’s budget proposal

‘They are going to be rejected again’: NASA chief faces grilling on Trump’s budget proposal
Business|Economy|Finance|Stock Markets|World

India's inflation risks rise on supply-side disruptions, central bank says

India's inflation risks have increased, driven by supply-side disruptions including the Iran war and weather-related uncertainties, the central bank

India's inflation risks rise on supply-side disruptions, central bank says
Business|Economy|Europe|Political|World

Druzhba oil flows to Slovakia and Hungary after Ukraine war standoff

Slovakia and Hungary said they began receiving crude oil through the Druzhba pipeline on Thursday after a months-long outage that had blocked European Union aid to

Druzhba oil flows to Slovakia and Hungary after Ukraine war standoff
Business|Economy|Europe|Finance|Stock Markets|World

ECB to raise rates in June on war-driven inflation but path beyond unclear

The European Central Bank will hold its deposit rate on April 30 but hike it in June, according to just over

ECB to raise rates in June on war-driven inflation but path beyond unclear
Business|Economy|Finance|Stock Markets|World

London's FTSE 100 closes lower as investors monitor Iran conflict, earnings

Britain's FTSE 100 closed a little lower on Thursday, with declines in heavyweight financials offset by some stocks after their corporate updates, while markets assessed fading

London's FTSE 100 closes lower as investors monitor Iran conflict, earnings
Business|Economy|Finance

Canada March factory sales most likely up 3.5% - Statscan flash estimate

Canadian factory sales most likely rose 3.5% in March from February, largely driven by higher sales in the petroleum and coal product subsector and the transportation equipment

Canada March factory sales most likely up 3.5% - Statscan flash estimate
Business|Economy|Education|Entertainment|Technology

Hasbro sees strong quarterly sales, delays results after cyber incident

Hasbro on Thursday delayed its quarterly results due to a cybersecurity incident, but forecast first-quarter sales above analysts' expectations, sending its shares up about 6% in

Hasbro sees strong quarterly sales, delays results after cyber incident
Economy|Europe|Political|World

Romania's ruling coalition loses majority after its biggest party walks out

Seven ministers from Romania's largest party, the Social Democrats, resigned from the pro-European coalition government of Prime Minister Ilie Bolojan on Thursday,

Romania's ruling coalition loses majority after its biggest party walks out
Business|Economy|Science|Technology

Thermo Fisher says US academic demand to stay weak, flags inflation risks from Iran war

Thermo Fisher Scientific said on Thursday it does not expect demand from U.S. and Chinese academic and government customers to recover this year

Thermo Fisher says US academic demand to stay weak, flags inflation risks from Iran war
Business|Economy|Finance|Stock Markets|Technology

Nasdaq beats Wall Street profit estimates as market swings fuel trading surge

Exchange operator Nasdaq beat estimates for first-quarter profit on Thursday, benefiting from higher trading volumes as investors scrambled

Nasdaq beats Wall Street profit estimates as market swings fuel trading surge
Business|Economy|Finance|Stock Markets

Blackstone defends private credit as assets swell past $1.3 trillion

Blackstone executives backed the appeal of private credit even as sentiment around the category falters, after the world's largest alternative

Blackstone defends private credit as assets swell past $1.3 trillion
Business|Economy|Finance|Stock Markets|World

Wall St opens lower on Middle East impasse, mixed earnings

Wall Street's main indexes opened lower on Thursday, with investors hesitant to extend the recent equities rally in the absence of clear signals on the U.S.-Iran war, while a

Wall St opens lower on Middle East impasse, mixed earnings
Business|Economy|Finance|Technology

Lawsuit accuses JetBlue of using customers' personal data to raise air fares

JetBlue has been sued in a proposed class action claiming it uses customers' personal data to set ticket prices, after its response to a social media

Lawsuit accuses JetBlue of using customers' personal data to raise air fares
Business|Economy|Europe|Finance|World

Germany recession risk jumps as Iran war lifts energy prices, IMK says

The risk of Germany slipping into recession has risen sharply due to the Iran war, a study by the IMK institute seen by Reuters on Thursday showed, as higher energy prices

Germany recession risk jumps as Iran war lifts energy prices, IMK says
Economy|Europe|World

EU loan throws Ukraine a lifeline but more help needed for war

The approval of a 90-billion-euro European Union loan throws Ukraine a lifeline, averting deep cuts to public services, but Kyiv may need more money to meet

EU loan throws Ukraine a lifeline but more help needed for war
Business|Economy|Finance|Technology|World

Leidos gets $617 million U.S. Army contract as Pentagon steps up replenishment

Defense contractor Leidos said on Thursday it won a $617 million contract from the U.S.

Leidos gets $617 million U.S. Army contract as Pentagon steps up replenishment
Business|Economy|Finance|Stock Markets|Technology

AI deepens US tech divide as IBM, ServiceNow spark software selloff, TI lifts chipmakers

U.S. technology stocks diverged further on Thursday as results from IBM and ServiceNow rekindled fears of AI‑driven disruption in software,

AI deepens US tech divide as IBM, ServiceNow spark software selloff, TI lifts chipmakers
Business|Economy|Finance|Stock Markets|World

Blackstone designed funds with credit cycles in mind, CEO says

The world's largest alternative asset manager Blackstone designed its funds with changes in credit markets in mind, its chairman and CEO said on Thursday, as the company

Blackstone designed funds with credit cycles in mind, CEO says
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Applied Digital signs $7.5 billion AI data center lease with US hyperscaler

Applied Digital has signed a long-term lease worth $7.5 billion with an unnamed U.S.-based hyperscaler at its new Delta Forge 1 site, it said on Thursday, strengthening its

Applied Digital signs $7.5 billion AI data center lease with US hyperscaler
Business|Economy|Science|Technology

Tesla's $25 billion spending plan tests investor faith in unproven AI bets

Tesla CEO Elon Musk is asking investors to take a leap of faith on his costly bets in self-driving technology and humanoid robots that have yet to

Tesla's $25 billion spending plan tests investor faith in unproven AI bets
Business|Economy|Finance|Stock Markets|Technology

Mobileye lifts annual revenue forecast as auto industry demand recovers

Mobileye Global raised its annual revenue forecast on Thursday, buoyed by robust demand for its advanced driver-assistance systems as automakers placed more orders after working

Mobileye lifts annual revenue forecast as auto industry demand recovers
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US business activity recovers in April, war with Iran is boosting prices, S&P Global survey shows

U.S. business activity picked up in April after nearly stalling in the prior month, but supplier delivery times at factories worsened as the war with

US business activity recovers in April, war with Iran is boosting prices, S&P Global survey shows
Business|Economy|Environment|Finance|Technology|Travel|World

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but said the unusually high prices

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand
Business|Economy|Finance|Stock Markets|US

AmEx beats profit estimates as spending growth hits three-year high

American Express sailed past Wall Street expectations for first-quarter profit on Thursday, as affluent customers splurging on travel and entertainment lifted card

AmEx beats profit estimates as spending growth hits three-year high
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

Trump likes a naval blockade. But Iran presents big differences from Venezuela and Cuba

President Donald Trump has turned to naval blockades to pressure the governments of Venezuela, Cuba and now Iran to meet his demands

Trump likes a naval blockade. But Iran presents big differences from Venezuela and Cuba
Economy|Environment|Science|Technology|World

More countries are turning to nuclear power 40 years after the Chernobyl disaster

The 1986 Chernobyl nuclear disaster fueled global fears about nuclear energy and slowed down its development in Europe and other regions

More countries are turning to nuclear power 40 years after the Chernobyl disaster
Business|Economy|Finance|Stock Markets|US

Union Pacific profit climbed 5% as it builds the case for its acquisition of rival Norfolk Southern

Union Pacific delivered 5% higher earnings in the first quarter as the railroad worked to prepare its case to convince regulators that its $85 billion acquisition of eastern rival Norfolk Southern is a good idea

Union Pacific profit climbed 5% as it builds the case for its acquisition of rival Norfolk Southern
Business|Economy|Finance|Stock Markets|US

US jobless claim filings rise modestly to 214,000 last week, remain at historically healthy levels

The number of Americans filing for unemployment benefits inched up last week but remains within the historically healthy range of recent years

US jobless claim filings rise modestly to 214,000 last week, remain at historically healthy levels
Business|Economy|Lifestyle|Science|Technology

What we lose when artificial intelligence does our shopping

Retailers are racing to hand your shopping over to AI. Consumers are right to be wary – and not just about privacy.

What we lose when artificial intelligence does our shopping
Arts|Business|Economy|Entertainment|Finance|Lifestyle|Political|Sports|Technology|World

Trump threats against Iran are a boon for prediction markets, including some backed by his son

President Donald Trump loves to keep people guessing about his next policy moves, a reality TV, cliffhanger governing style that is helping “events” wagering companies, including some backed by one of his sons

Trump threats against Iran are a boon for prediction markets, including some backed by his son
Business|Economy|Environment|Food|World

Iran war pushing more than 30 million back into poverty, UN development chief says

More than 30 million people will be pushed back into poverty by the impacts of the Iran war including disruptions to fuel and fertiliser supplies just

Iran war pushing more than 30 million back into poverty, UN development chief says
Economy|Europe|World

Italy says energy crisis puts its plans for defence spending in doubt

Italy may not be able to raise defence spending as planned due to growing economic and public finance difficulties plus the need to counter surging energy

Italy says energy crisis puts its plans for defence spending in doubt
Business|Economy|Travel|World

Record demand can't save US airlines from Iran war fuel shock

U.S. airlines are seeing their best passenger numbers ever, cramming more people onto their planes and boosting revenues, yet in a cruel paradox, a

Record demand can't save US airlines from Iran war fuel shock
Business|Economy|Entertainment|Finance|Technology

Hasbro delays quarterly results after cybersecurity incident

Hasbro said on Thursday it would delay its quarterly earnings report due to a cybersecurity incident involving an unauthorized access to the toymaker's network.

Hasbro delays quarterly results after cybersecurity incident
Business|Economy|Environment|Finance|Stock Markets|World

Teck quarterly profit beats estimates on record copper sales, higher prices

Teck Resources on Thursday beat analysts' estimates for first-quarter profit, aided by an increase in copper prices and record sales, while the company's proposed merger with

Teck quarterly profit beats estimates on record copper sales, higher prices
Business|Economy|Entertainment|Sports|Technology

Comcast beats estimates on sports boost, easing broadband customer losses

Comcast topped first-quarter estimates on Thursday, as a blockbuster sports lineup boosted subscriber growth and engagement, while its core broadband

Comcast beats estimates on sports boost, easing broadband customer losses
Business|Economy|Health|Lifestyle|World

Warning of higher condom prices goes viral in China, stokes stockpiling talk

A warning of higher condom prices by the world's top maker has gone viral

Warning of higher condom prices goes viral in China, stokes stockpiling talk
Business|Economy|Finance|Stock Markets|World

P&G's under-pressure gross margin in focus as Iran war lifts costs

Procter & Gamble is set to report a sixth straight quarter of gross margin declines as the consumer goods bellwether battles choppy demand and fresh cost pressures from the war in

P&G's under-pressure gross margin in focus as Iran war lifts costs
Business|Economy|Finance|Stock Markets|World

Tech checked as oil boils

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large for Finance and Markets While stock markets have impressively filtered out much of the

Tech checked as oil boils
Asia|Business|Economy|Technology|World

China's global EV push reflects its ambition - and harsh economics at home

From robotaxis to flying cars, China is working to export more of its cutting-edge vehicle technology - a strategy that

China's global EV push reflects its ambition - and harsh economics at home
Business|Economy|Technology

Honeywell forecasts second-quarter revenue below estimates over Middle East conflict

Honeywell on Thursday forecast second-quarter revenue below Wall Street estimates as conflict in the Middle East weighed on the U.S. industrial giant's business, sending shares

Honeywell forecasts second-quarter revenue below estimates over Middle East conflict
Economy|Europe|Finance|Political|World

EU touts temporary energy subsidies, but costs risk ballooning

When the European Union outlines looser state aid rules next week to help governments cushion the blow from energy prices driven

EU touts temporary energy subsidies, but costs risk ballooning
Business|Economy|Finance|Stock Markets|US|World

Pultegroup's quarterly profit, revenue fall amid sluggish demand for homes

Homebuilder Pultegroup on Thursday posted a drop in profit and revenue for the first quarter, as rising inflation keeps homebuyers on the sidelines.

Pultegroup's quarterly profit, revenue fall amid sluggish demand for homes