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Today: April 28, 2025
Today: April 28, 2025

Economy

Business|Economy

Canada February retail sales fall 0.4%; seen up 0.7% in March

Canadian retail sales fell by 0.4% in February from January at C$69.33 billion ($49.95 billion), on lower sales at motor vehicle and parts dealers, Statistics Canada said on

Canada February retail sales fall 0.4%; seen up 0.7% in March
Business|Economy|Finance|Stock Markets|World

Global equity funds see second week of inflows on easing US-China tariff tensions

Global equity funds attracted inflows for a second straight week through April 23, supported by signs of a potential de-escalation in the tariff war between the U.S. and China, which

Global equity funds see second week of inflows on easing US-China tariff tensions
Africa|Business|Economy|Finance|World

Sub-Saharan Africa must lift revenue to ride out global turbulence - IMF Africa head

Sub-Saharan African economies should work to increase their domestic revenue collection to avoid having to take on debt amid "

Sub-Saharan Africa must lift revenue to ride out global turbulence - IMF Africa head
Business|Economy|Finance|Stock Markets|US

US bond funds attract first weekly inflow in six weeks

U.S. bond funds recorded net inflows in the week through April 23 for the first time in six weeks, as a selloff in U.S. bond markets eased and investors grew hopeful about a potential de-

US bond funds attract first weekly inflow in six weeks
Business|Economy|Environment|Food|World

War-hit Congo park turns to chocolate gorillas in conservation push

Threatened by armed conflict, volcanic activity and rampant deforestation, Africa's oldest national park is turning to a new product to

War-hit Congo park turns to chocolate gorillas in conservation push
Business|Economy|Finance|Stock Markets

Shareholders approve Carrefour bid to take Brazil unit private

Shareholders in Carrefour Brasil, legally known as Atacadao SA, approved a proposal from its parent, French retailer Carrefour, to take the Brazilian unit private, according to a

Shareholders approve Carrefour bid to take Brazil unit private
Business|Economy|Technology|US|World

Apple moving to make most iPhones for US in India rather than China, source says

Apple aims to make most of its iPhones sold in the United States at factories in India by the end of 2026, and is speeding up those plans to navigate

Apple moving to make most iPhones for US in India rather than China, source says
Business|Economy|Health

AbbVie lifts profit forecast, downplays tariff threat

AbbVie raised its full-year profit forecast on Friday while downplaying the potential hit some analysts expect it to take from sector-specific import

AbbVie lifts profit forecast, downplays tariff threat
Business|Economy|Education|World

US universities help foreign students weather Trump purge

From warnings not to leave the country to guidance on how to complete degrees, U.S. universities are advising foreign students how to withstand President

US universities help foreign students weather Trump purge
Business|Economy|Health|Technology|US

Amgen to expand Ohio biotech manufacturing plant

Amgen on Friday announced a $900 million expansion of its Ohio biotech manufacturing facility, becoming the latest in a string of drugmakers pledging to increase U.S.

Amgen to expand Ohio biotech manufacturing plant
Business|Economy|Finance|Stock Markets

Chilean miner Codelco's pre-tax profit tumbles on FX effects

Chilean miner Codelco, the world's largest copper producer, on Friday reported a slight bump in production in the first quarter, though the

Chilean miner Codelco's pre-tax profit tumbles on FX effects
Business|Economy|Finance|Stock Markets|Technology|US

New US SEC chair says crypto sector deserves clear regulations

The new head of the U.S.

New US SEC chair says crypto sector deserves clear regulations
Americas|Business|Economy|Finance|World

Latam, Caribbean slow growth has downside risks, says IMF

Economic growth in Latin America and the Caribbean is expected to slow this year partly weighed by political and trade uncertainty and the impact of tariffs, an IMF official said on Friday.

Latam, Caribbean slow growth has downside risks, says IMF
Business|Economy|Finance|Stock Markets|World

Colombia's central bank expected to hold rates despite government pressure- Reuters poll

Colombia's central bank should leave its benchmark interest rate unchanged in its meeting next week, a Reuters poll predicted on Friday, as inflation is expected to

Colombia's central bank expected to hold rates despite government pressure- Reuters poll
Economy|Political|World

New Syrian foreign minister attends UN Security Council in first US appearance since Assad's fall

Syrian Foreign Minister Asaad al-Shibani has attended a U_N_ Security Council briefing, raising his country’s new flag at the international body and saying he represents a "new Syria.”

New Syrian foreign minister attends UN Security Council in first US appearance since Assad's fall
Business|Economy

US shale patch slows down as oil prices sink

Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep tariffs drive construction costs higher

US shale patch slows down as oil prices sink
Economy|Europe|Political|World

Ukrainian and European peace deal counterproposals to US at talks in London

Reuters has seen the text of a set of proposals on how to end Russia's war in Ukraine that were given to the U.S. side on Wednesday by Ukrainian and European officials at talks in

Ukrainian and European peace deal counterproposals to US at talks in London
Economy|Political|World

Ukraine peace deal proposals set out by US at talks in Paris

Reuters has seen the text of a set of proposals to end Russia's war in Ukraine that were presented to European officials by U.S. envoy Steve Witkoff at talks in Paris on April 17.

Ukraine peace deal proposals set out by US at talks in Paris
Africa|Economy|Health|World

World Food Programme to reduce food support in Sudan due to funding shortages

The World Food Programme warned on Friday it is facing a funding shortfall that could affect its ability to support people facing acute food shortages in Sudan

World Food Programme to reduce food support in Sudan due to funding shortages
Business|Economy|Education|Lifestyle|Political

1914 Nueces County Courthouse historic designation removed, paving way for demolition

1914 Nueces County Courthouse historic designation removed, paving way for demolition

1914 Nueces County Courthouse historic designation removed, paving way for demolition
Business|Economy|Finance|Political|US

CEO who voted for Trump made a public warning about his trade war

Citadel CEO Ken Griffin, a billionaire supporter of President Donald Trump and a megadonor to Republican candidates, had some unusually harsh words for the president about his trade war.

CEO who voted for Trump made a public warning about his trade war
Americas|Business|Economy|Europe|Finance|Stock Markets

Chemical maker LyondellBasell misses quarterly profit estimates on weak volumes

LyondellBasell on Friday missed Wall Street expectations for quarterly profit, due to maintenance downtime and lower volumes in its largest segment supplying raw materials to

Chemical maker LyondellBasell misses quarterly profit estimates on weak volumes
Business|Economy|Finance|Stock Markets

Colgate-Palmolive's quarterly results beat, raises annual sales forecast

Colgate-Palmolive reported quarterly results that beat Wall Street estimates and raised its annual sales forecast on Friday, banking on moderate price hikes and higher advertising spending

Colgate-Palmolive's quarterly results beat, raises annual sales forecast
Africa|Business|Economy|Finance|World

South Africa 2025 economic growth forecast cut to 1.5% on tariff worries: Reuters poll

South African economic growth will be a bit weaker this year than thought a month ago partly due to trade tensions, with U.S.

South Africa 2025 economic growth forecast cut to 1.5% on tariff worries: Reuters poll
Business|Economy|Environment|World

Northern Mexico farmers fight drought amid water dispute with the US

Dead animals lie scattered across the planes of this cattle ranching town in northern Mexico, victims of a long-term drought that is forcing farmers

Northern Mexico farmers fight drought amid water dispute with the US
Economy|Environment|Political|World

World Bank is not an American bank, German development minister says

The Trump administration cannot determine the mission of the World Bank because the global lender's goals are based on agreement by many countries, Svenja

World Bank is not an American bank, German development minister says
Business|Economy|Finance|Technology|World

Swiss National Bank chairman rebuffs bitcoin as reserve asset

The head of the Swiss National Bank said on Friday that cryptocurrencies failed to meet the institution's currency reserve standards, rebuffing calls by crypto advocates that it hold

Swiss National Bank chairman rebuffs bitcoin as reserve asset
Business|Economy|Political|US|World

USTR holds productive meeting with South Korea, statement says

U.S.

USTR holds productive meeting with South Korea, statement says
Business|Economy|Finance|Stock Markets

Ping An Insurance's first quarter profit hit by slump in investment income

China's Ping An Insurance (Group) reported a 26.4% decline in first-quarter net profit on Friday, citing reduced investment income.

Ping An Insurance's first quarter profit hit by slump in investment income
Business|Economy|Technology

BYD's quarterly profit surges at fastest pace in nearly two years

BYD's first-quarter profit leapt 100.4% from a year earlier, the fastest pace in nearly two years, as the Chinese electric vehicle giant extends its lead in its competitive home

BYD's quarterly profit surges at fastest pace in nearly two years
Business|Economy|Health|Stock Markets|US

HCA Healthcare beats profit estimates on strong demand for medical care

HCA Healthcare beat Wall Street estimates for first-quarter profit on Friday, as the hospital operator benefited from sustained demand for elective procedures in the United States.

HCA Healthcare beats profit estimates on strong demand for medical care
Business|Economy|Political|US|World

Trump reiterates that he spoke with China's Xi, offers no details

U.S.

Trump reiterates that he spoke with China's Xi, offers no details
Business|Economy|Finance|Political|World

Russia keeps key rate on hold, braces for global turbulence

The Russian central bank maintained its key interest rate at 21% on Friday, with inflation starting to decline but new risks facing the Russian

Russia keeps key rate on hold, braces for global turbulence
Asia|Business|Economy|Technology|World

Safran says China to exempt jet engines and parts from tariffs

China has decided to grant exemptions from import tariffs for some aircraft parts, including jet engines, the head of French engine maker Safran said on

Safran says China to exempt jet engines and parts from tariffs
Business|Economy|Finance|Stock Markets|US

US refiner Phillips 66 posts bigger-than-expected quarterly loss as margins bite

Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid heavy turnaround activities across

US refiner Phillips 66 posts bigger-than-expected quarterly loss as margins bite
Business|Economy|Europe|World

Germany's fiscal shift will offset trade drag starting in 2026, IMF official says

Germany's fiscal expansion will boost its economy starting in 2026 after years of weak growth, offsetting the increased drag from U.S. tariffs, Oya Celasun,

Germany's fiscal shift will offset trade drag starting in 2026, IMF official says
Business|Economy|Finance|US

US consumer sentiment remains weak in April on tariffs concerns

U.S. consumer sentiment ebbed for a fourth straight month in April amid concerns about the economic impact of tariffs.

US consumer sentiment remains weak in April on tariffs concerns
Business|Economy|Technology|US|World

Vehicle carriers seek relief from broad US port fees

Operators of hulking car carriers are seeking relief from the U.S.

Vehicle carriers seek relief from broad US port fees
Business|Economy|Finance|Stock Markets

Brazil's Vale sees no material impacts from trade war so far

Brazilian miner Vale said on Friday that it has so far not seen a material impact from the ongoing global trade war on its operations and sales, but vowed to keep monitoring it

Brazil's Vale sees no material impacts from trade war so far
Business|Economy|Election|Finance|World

IMF's Georgieva says Argentine people to decide election, government should keep reforms

International Monetary Fund Managing Director Kristalina Georgieva said on Friday that Argentina's election in October was for its people to decide, clarifying her remarks on

IMF's Georgieva says Argentine people to decide election, government should keep reforms
Asia|Business|Economy|Health|World

US business lobby in China: Some pharma firms reporting tariff exemptions

Pharmaceutical companies in China are reporting that they have been able to import some drugs over the past week with tariff exemptions, the Beijing

US business lobby in China: Some pharma firms reporting tariff exemptions
Business|Economy|Finance|Stock Markets|US

US court launches 30-day competition for Citgo parent's shares

A U.S. court organizing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum has approved a 30-day competition period starting on April

US court launches 30-day competition for Citgo parent's shares
Business|Economy|Finance|Stock Markets|World

Trump tariffs likely to push down UK inflation, BoE's Greene says

Bank of England policymaker Megan Greene said U.S.

Trump tariffs likely to push down UK inflation, BoE's Greene says
Economy|Political|US|World

Social Security may lose thousands more staff under new Trump rule

The Social Security Administration could lose thousands more staff beyond the 7,000 already targeted for cuts due to a move by the Trump administration to

Social Security may lose thousands more staff under new Trump rule
Business|Economy|Finance|World

EU will 'leave no stone unturned' to reduce trade-related uncertainty, Ireland's Donohue says

The European Union will do all it can to engage with the U.S. on trade and reduce the massive uncertainty that is weighing down the global economy, Irish Finance

EU will 'leave no stone unturned' to reduce trade-related uncertainty, Ireland's Donohue says
Business|Economy|Health|US|World

US pharma tariffs would raise US drug costs by $51 billion annually, report finds

A 25% U.S. tariff on pharmaceutical imports would increase U.S. drug costs by nearly $51 billion annually, boosting U.S. prices by as much as 12.9% if passed on, a

US pharma tariffs would raise US drug costs by $51 billion annually, report finds
Business|Economy|Europe|Travel|World

Belgian airports cancel flights on Tuesday as strike looms

Brussels Airport, Belgium's main international flight hub, will cancel several flights on Tuesday, while Charleroi Airport plans to suspend all departures the same day due to a

Belgian airports cancel flights on Tuesday as strike looms
Business|Economy|Europe|Finance|Stock Markets

European shares hit 3-week high as US-China trade tensions ease

European shares ended at a three-week high on Friday, notching up their second straight weekly gain as signs of a potential de-escalation in the U.S.-

European shares hit 3-week high as US-China trade tensions ease
Economy|Education|Political|Travel|World

Pope Francis bestowed a special nickname on AP's Vatican reporter for her often-tough questions

Associated Press reporter Nicole Winfield, who covered Pope Francis at the Vatican during his entire pontificate, earned the nickname “la prima della classe” -- or “the first in class” -- from him in 2018

Pope Francis bestowed a special nickname on AP's Vatican reporter for her often-tough questions
Business|Economy|Technology

With all the changes at the IRS, how likely are you to be audited? It’s unclear

With all the changes at the IRS, how likely are you to be audited? It’s unclear

With all the changes at the IRS, how likely are you to be audited? It’s unclear
Economy|Political|US

Higher taxes on millionaires? Trump says he's open, but many in his party are not

Why not tax the millionaires

Higher taxes on millionaires? Trump says he's open, but many in his party are not
Business|Economy|Fashion and Beauty|Lifestyle|Technology

Shein and Temu just started raising prices ahead of new tariffs

Shein and Temu just started raising prices ahead of new tariffs

Shein and Temu just started raising prices ahead of new tariffs
Business|Economy|Political|US

Why Trump's call for the Fed to cut interest rates may not help consumers

President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn’t necessarily lead to lower borrowing costs for consumers

Why Trump's call for the Fed to cut interest rates may not help consumers
Business|Economy|Political|US

Consumer sentiment plunges 8%

Consumer sentiment plunges 8%

Consumer sentiment plunges 8%
Business|Economy|Political|US

Trump outlines what ‘total victory’ looks like in his trade war. It’ll cost you

Trump outlines what ‘total victory’ looks like in his trade war. It’ll cost you

Trump outlines what ‘total victory’ looks like in his trade war. It’ll cost you
Economy|Education|Health|Lifestyle

Youth homelessness is increasing in Wisconsin. One shelter hopes a new expansion will help change that

Youth homelessness is increasing in Wisconsin. One shelter hopes a new expansion will help change that

Youth homelessness is increasing in Wisconsin. One shelter hopes a new expansion will help change that
Economy|Health|Political

988 suicide prevention service for LGBTQ+ youth would be eliminated under leaked budget proposal

988 suicide prevention service for LGBTQ+ youth would be eliminated under leaked budget proposal

988 suicide prevention service for LGBTQ+ youth would be eliminated under leaked budget proposal
Economy|Environment|Political|Technology|World

Why Trump is signing an executive action on mining the deep ocean

Why Trump is signing an executive action on mining the deep ocean

Why Trump is signing an executive action on mining the deep ocean
Business|Economy|Finance|Stock Markets|US|World

Swiss leader says Trump administration foresees 'privileged' talks with 15 countries on US tariffs

The Swiss president says Switzerland is among 15 countries with which the United States plans to conduct “privileged” negotiations to help reach a deal in the wake of sweeping U.S. tariffs on dozens of countries that have shaken global markets

Swiss leader says Trump administration foresees 'privileged' talks with 15 countries on US tariffs
Asia|Business|Economy|Technology|US|World

China quietly rolls back retaliatory tariffs on some US-made semiconductors, import agencies say

China quietly rolls back retaliatory tariffs on some US-made semiconductors, import agencies say

China quietly rolls back retaliatory tariffs on some US-made semiconductors, import agencies say
Economy|Environment|Political

Trump officials discuss making it much harder to qualify for federal disaster assistance, starting this hurricane season

Trump officials discuss making it much harder to qualify for federal disaster assistance, starting this hurricane season

Trump officials discuss making it much harder to qualify for federal disaster assistance, starting this hurricane season
Asia|Business|Economy|World

7-Eleven's soon-to-be chief is confident he knows value, and thrifty customers

The first foreigner tapped to head 7-Eleven is confident the Japanese convenience store chain will continue to attract thrifty customers, even in an economic slowdown

7-Eleven's soon-to-be chief is confident he knows value, and thrifty customers
Economy|Education|Health|Science|Technology|World

China’s data protection rules prompt pause from major European research funders

Several of Europe’s biggest funders of scientific collaboration with China, in fields such as viruses and air quality, have put bilateral research programmes on

China’s data protection rules prompt pause from major European research funders
Business|Economy|Finance|Stock Markets

7-Eleven owner says it will need to cut costs as US tariffs hit consumer confidence

Seven & I Holdings, the owner of 7-Eleven convenience stores, said it expects it will have to take a hard look at its supply chain and rein in costs as U.S. consumers

7-Eleven owner says it will need to cut costs as US tariffs hit consumer confidence
Business|Economy|Political|World

Some European companies wary of expanding in US amid tariff chaos

U.S.

Some European companies wary of expanding in US amid tariff chaos
Business|Economy|Technology|US|World

China exempts some goods from US tariffs

China has exempted some U.S. imports from its 125% tariffs and is asking firms to identify critical goods they need levy-free, according to

China exempts some goods from US tariffs
Business|Economy|Finance|Stock Markets|Technology

Nissan's shares rise after restructuring loss heralds turnaround

Nissan saw its shares rise almost 2% on Friday after it flagged a record loss due to a massive reduction in the value of its assets and hefty restructuring fees - costs that appeared

Nissan's shares rise after restructuring loss heralds turnaround
Business|Economy|Europe|Finance|World

Poland likely to apply for EU leeway on defence spending, but worried others won't

Poland is likely to ask the European Commission next week for an exemption from European Union borrowing limits to keep up large defence

Poland likely to apply for EU leeway on defence spending, but worried others won't
Business|Economy|Technology|US|World

Samsung SDI says tariffs expected to raise production costs of US-made batteries

South Korea's Samsung SDI on Friday said U.S. tariffs will increase the cost of producing its electric vehicle (EV) batteries in the United States, as many materials and components

Samsung SDI says tariffs expected to raise production costs of US-made batteries
Business|Economy|Finance|Stock Markets

Unexpected UK retail sales jump boosts economy as storm gathers

British retailers reported the best start to the year since 2021 in what may be a fleeting boost for the economy, with rising bills and the U.S. trade war increasingly

Unexpected UK retail sales jump boosts economy as storm gathers
Business|Economy|Finance|Stock Markets|Technology

Intel shares fall as dour forecasts overshadow CEO's turnaround promises

Intel's shares fell more than 8% on Friday as the company's weak revenue and profit forecasts overshadowed new CEO Lip-Bu Tan's strategy to

Intel shares fall as dour forecasts overshadow CEO's turnaround promises
Business|Economy|Europe|Stock Markets|Technology

Alphabet climbs as AI bets drive ad strength, quelling market fears

Alphabet shares jumped about 3% on Friday, after a solid earnings report from the Google parent showed investors that its bold bets on AI were fueling growth in the

Alphabet climbs as AI bets drive ad strength, quelling market fears
Business|Economy|Europe|US|World

US wants solution with Switzerland, Swiss president says after tariff talks in Washington

The United States wants a tariff solution with Switzerland, the Swiss president said in a Friday interview after meeting U.S. Treasury Secretary Scott Bessent in Washington.

US wants solution with Switzerland, Swiss president says after tariff talks in Washington
Business|Economy|Environment|Europe

Major offshore wind developer has stopped activities in United States

One of the world's top offshore wind developers, Germany's RWE, has stopped work on its U.S. projects for now in light of recent moves against the industry by

Major offshore wind developer has stopped activities in United States
Economy|Political|Travel

Canadians put off by Trump's bluster and border arrests are booking far fewer US visits

Trump’s attacks on Canada’s economy and threats to make it the 51st state have infuriated Canadians, who are canceling trips to the U.S. in big numbers

Canadians put off by Trump's bluster and border arrests are booking far fewer US visits
Business|Economy|US

Fed's Kashkari nervous that trade policy uncertainty will lead to layoffs

Minneapolis Federal Reserve Bank President Neel Kashkari on Thursday said the extreme uncertainty over U.S. trade policy has him "nervous" about big layoffs, though so far he has only heard

Fed's Kashkari nervous that trade policy uncertainty will lead to layoffs
Business|Economy|Environment|Political|US

US plans Alaska LNG summit, will urge Japan, South Korea to support project

U.S.

US plans Alaska LNG summit, will urge Japan, South Korea to support project
Asia|Business|Economy|World

Malaysia open to negotiate with U.S on reducing trade deficit, non-tariff barriers 

Malaysia is open to negotiate with the United States on non-tariff barriers and reducing its trade deficit and will explore a bilateral trade agreement, its trade ministry said

Malaysia open to negotiate with U.S on reducing trade deficit, non-tariff barriers 
Business|Economy|Technology

Trade tensions are giving Intel's older chips a second life

A Sino-U.S. trade war that threatens Intel's revenue from its biggest market, China, has become an unlikely driver of demand for the embattled chipmaker's older generation

Trade tensions are giving Intel's older chips a second life
Business|Economy|World

Air India in talks with Boeing to take 10 planes snubbed by Chinese airlines, sources say

Air India is in talks with U.S. planemaker Boeing to acquire around 10 737 MAX jets after Chinese customers started rejecting

Air India in talks with Boeing to take 10 planes snubbed by Chinese airlines, sources say
Asia|Business|Economy|Finance|World

Japan compiles emergency economic package to ease tariff pain

Japan's Prime Minister Shigeru Ishiba on Friday said the government has compiled an emergency economic package to alleviate

Japan compiles emergency economic package to ease tariff pain
Africa|Business|Economy|Education|Health|Lifestyle|Political|World

Catholics remember Pope Francis as a friend of Africa, with some setting theology aside

Pope Francis visited a record 10 African countries throughout his pontificate, often venturing to areas ravaged by war, poverty or natural disaster

Catholics remember Pope Francis as a friend of Africa, with some setting theology aside
Business|Economy|Finance|Stock Markets|US|World

Focus on earnings while US and China quibble

A look at the day ahead in European and global markets from Rocky Swift As U.S.

Focus on earnings while US and China quibble
Business|Economy|Political|US

California overtakes Japan to become the world’s fourth-largest economy

California overtakes Japan to become the world’s fourth-largest economy

California overtakes Japan to become the world’s fourth-largest economy
Asia|Business|Economy|Technology|World

Construction of world’s tallest abandoned skyscraper to resume after a decade

Construction of world’s tallest abandoned skyscraper to resume after a decade

Construction of world’s tallest abandoned skyscraper to resume after a decade
Business|Economy|Political|Technology|World

Automakers focus on the global market, chide the US over tariffs at Shanghai's auto show

Booths of big Chinese, German and Japanese automakers are bustling at Shanghai's auto show as the industry keeps its sights on the wider global market not subject to steep U.S. tariffs on imports of cars and auto parts

Automakers focus on the global market, chide the US over tariffs at Shanghai's auto show
Economy|Political|US

Trump orders Justice Department to investigate Democrats' top fundraising platform

President Donald Trump has ordered the Justice Department to investigate the Democratic Party’s top fundraising platform

Trump orders Justice Department to investigate Democrats' top fundraising platform
Economy|Political|US

US Congress Republicans seek $27 billion for Golden Dome in Trump tax bill

Republicans in the U.S.

US Congress Republicans seek $27 billion for Golden Dome in Trump tax bill
Business|Economy|Europe

Rising bills and trade war push UK consumer mood to 17-month low

British consumer confidence slid this month to its lowest level since November 2023 as people became much gloomier about the outlook for the economy, with rising bills and the

Rising bills and trade war push UK consumer mood to 17-month low
Business|Economy|Europe|Technology

Workers could save 122 hours a year by adopting AI in admin tasks, says Google

Britain could gain 400 billion pounds ($533 billion) from AI-driven growth if it trained its workforce, Google said, after a pilot scheme in the UK showed workers

Workers could save 122 hours a year by adopting AI in admin tasks, says Google
Business|Economy|Stock Markets|Technology

Intel offers weak forecast amid trade tensions as CEO talks to TSMC

By Max A.

Intel offers weak forecast amid trade tensions as CEO talks to TSMC
Economy|Political|World

US nuclear force costs projected to soar to $946 billion through 2034, CBO says

The costs of operating and modernizing America's nuclear forces through 2034 are projected to soar to $946 billion, 25% higher than a 2023 estimate, a report

US nuclear force costs projected to soar to $946 billion through 2034, CBO says
Economy|Political|US

Trump administration says it is complying with order barring FEMA funding freeze

The Trump administration said on Thursday the Federal Emergency Management Agency had made more than $2.2 billion in payments to a group of states over the past three

Trump administration says it is complying with order barring FEMA funding freeze
Business|Economy|Europe|Technology|World

UK's vehicle output rose in March, but not enough to prevent quarterly decline

Britain made more vehicles in March as demand increased for British-built cars overseas and for commercial vehicles at home, but it was not enough to prevent a quarterly decline in output,

UK's vehicle output rose in March, but not enough to prevent quarterly decline
Business|Economy|Finance|Stock Markets|World

Vietnam ramps up bond sales, spending as export-led growth faces tariff risks

Vietnam has increased government bond sales by nearly 30% so far this year, data shows, as it bids to boost public spending to spur growth and

Vietnam ramps up bond sales, spending as export-led growth faces tariff risks
Business|Economy|Finance

Core inflation in Japan's capital hits 2-year peak, raising challenge for BOJ

Core inflation in Japan's capital accelerated to a two-year high in April on surging food costs, making the central bank's quest to fully exit ultra easy policy a

Core inflation in Japan's capital hits 2-year peak, raising challenge for BOJ
Business|Economy|Finance|US|World

South Korea, US aim for trade package before tariff pause ends in July

South Korea and the United States agreed to craft a trade package aimed at removing new U.S. tariffs before the pause on

South Korea, US aim for trade package before tariff pause ends in July
Business|Economy|Finance|World

China warns G20 global economic growth 'insufficient', trade tensions weaken momentum

China warned a G20 meeting that world economic growth was "insufficient" as tariff and trade wars exacerbated economic and financial instability and sapped growth

China warns G20 global economic growth 'insufficient', trade tensions weaken momentum
Business|Economy|Education|Political|US

The Latest: Hegseth had an unsecured internet line in his office for Signal, AP sources say

Two people familiar with the case have told AP that Defense Secretary Pete Hegseth had an internet connection that bypassed the Pentagon’s security protocols set up in his office to use the Signal messaging app on a personal computer

The Latest: Hegseth had an unsecured internet line in his office for Signal, AP sources say
Business|Economy|Finance|US

Treasury secretary: China needs to change

Treasury Secretary Scott Bessent said it’s crucial for China to change its economic structure. His comments come one day after he said he expects de-escalation with regard to the trade war with China.

Treasury secretary: China needs to change
Business|Economy|Finance|Stock Markets|Technology|US

Google says deep AI investments powering ad sales, soothing anxious investors

Google parent Alphabet reassured jittery tech investors that its AI investments were powering returns at its crucial ad business on Thursday,

Google says deep AI investments powering ad sales, soothing anxious investors
Business|Economy|Environment|US

US aims to boost offshore oil drilling by easing pressure rules

The U.S.

US aims to boost offshore oil drilling by easing pressure rules
Africa|Business|Economy|Finance|World

Ethiopia's inflation rate to decline to 10% in 2025/2026 fiscal year

Ethiopia's inflation is expected to decline to 10% in the coming financial year, the country's central bank chief Mamo Mihretu said on Thursday, the lowest level in a

Ethiopia's inflation rate to decline to 10% in 2025/2026 fiscal year
Business|Economy|Finance|Stock Markets|US

Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop

Skechers on Thursday withdrew its annual results forecast as the Trump administration's erratic trade policies fuel economic uncertainty, sending the footwear maker's

Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop
Business|Economy|Finance

BOJ's Ueda keeps rate-hike pledge but warns of US tariff impact

Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will continue to raise interest rates if underlying inflation converges toward its 2%

BOJ's Ueda keeps rate-hike pledge but warns of US tariff impact
Business|Economy|Finance|Stock Markets

Hartford profit falls as California wildfire losses climb

Hartford Insurance Group reported a 16% fall in first-quarter profit on Thursday, as catastrophe losses from the California fires piled up even though they were partially offset by a rise

Hartford profit falls as California wildfire losses climb
Business|Economy|Environment|Technology|US|World

Trump signs executive order boosting deep-sea mining industry

President Donald Trump on Thursday signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S.

Trump signs executive order boosting deep-sea mining industry
Economy|Americas|Business|Local|News|US|WrittenByLAPost

Port of L.A. Director: ‘In two weeks time, arrivals will drop by 35%’ due to tariffs

The Executive Director of the Port of Los Angeles predicted Thursday that arrivals at his port would drop by more than a third in the coming weeks.

Port of L.A. Director: ‘In two weeks time, arrivals will drop by 35%’ due to tariffs
Business|Economy|Political

Largest federal employee union, a leading Trump opponent, to lay off more than half of staff

The largest union for federal employees plans to lay off more than half its staff nationwide after President Donald Trump’s anti-union executive orders have rapidly weakened the organization’s finances

Largest federal employee union, a leading Trump opponent, to lay off more than half of staff
Economy|Health|Political|US

Four states have asked USDA to let them ban soda, candy from food assistance program

Four Republican states have asked the U.S.

Four states have asked USDA to let them ban soda, candy from food assistance program
Business|Economy|Education|Finance|Stock Markets

Harvard University exploring $1 billion of private equity stakes sale, source says

Harvard University's endowment is in advanced talks to sell private equity fund interests totaling about $1 billion, a person familiar with the matter

Harvard University exploring $1 billion of private equity stakes sale, source says
Business|Economy|Finance|Stock Markets|World

Brazil central bank keeps May rate hike open amid uncertainty, unclear activity trend

Brazil's central bank has left the size of its upcoming interest rate hike in May open and remains unable to gauge it, citing a still-uncertain economic outlook and

Brazil central bank keeps May rate hike open amid uncertainty, unclear activity trend
Business|Economy|Finance|Health

Gilead posts profit, says HIV prevention drug on track for mid-June

Gilead Sciences on Thursday reported a first-quarter profit, but revenue was flat, as higher sales of drugs for HIV and liver disease, along with expense tightening, offset

Gilead posts profit, says HIV prevention drug on track for mid-June
Business|Economy|Finance|Stock Markets|World

Trading Day: Stocks rally for third day as earnings optimism trumps tariffs confusion

TRADING DAY Making sense of the forces driving global markets. By Alden Bentley, Americas Finance and Markets Breaking News Editor.

Trading Day: Stocks rally for third day as earnings optimism trumps tariffs confusion
Business|Economy|Finance|Technology|US

US bank regulators pull back guardrails on bank crypto activities

U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and

US bank regulators pull back guardrails on bank crypto activities
Americas|Business|Crime|Economy|Education|Environment|Health|Lifestyle|Political|Sports|World

Pope Francis' ordinary shoes bring pride to his Argentine neighborhood — and his cobbler

The man who would become Pope Francis always bought his shoes in the same place

Pope Francis' ordinary shoes bring pride to his Argentine neighborhood — and his cobbler
Business|Economy|Technology

Google's parent begins year with robust growth despite legal, competitive and economic threats

Google’s profits surged 50% in this year’s opening quarter, overcoming the competitive and legal threats that its internet empire is facing amid an economy roiled by a global trade war

Google's parent begins year with robust growth despite legal, competitive and economic threats
Economy|Political|US|World

US allies express alarm at Trump’s plan to let Russia keep most of the land it seized from Ukraine

US allies express alarm at Trump’s plan to let Russia keep most of the land it seized from Ukraine

US allies express alarm at Trump’s plan to let Russia keep most of the land it seized from Ukraine
Business|Economy|World

IMF's Georgieva urges Argentina to 'stay the course' on economic policy

The International Monetary Fund's managing director Kristalina Georgieva said on Thursday that Argentina should not "derail the will for change"

IMF's Georgieva urges Argentina to 'stay the course' on economic policy
Business|Economy|Finance|Stock Markets|US

Wall Street watchdog staff shrinks 16% in last year, includes key units, sources say

The U.S.

Wall Street watchdog staff shrinks 16% in last year, includes key units, sources say
Business|Economy

Global container shipping volume to fall 1% on Trump trade policies, Drewry says

Maritime consultancy Drewry said on Thursday it expects global container port volume to fall 1% as a direct result of U.S. trade policies.

Global container shipping volume to fall 1% on Trump trade policies, Drewry says
Business|Economy|Finance|Stock Markets|US|World

Japan says no talk of currency target, yen control in finance dialogue with US

Japanese Finance Minister Katsunobu Kato said on Thursday he agreed with U.S.

Japan says no talk of currency target, yen control in finance dialogue with US
Business|Economy|Finance|Stock Markets|World

Stocks jump with tech shares; dollar dips after recent gains

Major stock indexes rose on Thursday, with technology shares leading Wall Street higher as investors awaited further developments in the U.S.-China trade

Stocks jump with tech shares; dollar dips after recent gains
Business|Economy|Finance|Health|Stock Markets

Germany's Merck says in late-stage discussions to buy SpringWorks for $3.5 billion

Germany's Merck KGaA said on Thursday it is in late-stage talks to acquire U.S.-based SpringWorks Therapeutics for about $3.5 billion, a deal that could give it access to a

Germany's Merck says in late-stage discussions to buy SpringWorks for $3.5 billion
Business|Economy|Finance|Stock Markets

BlackRock CEO boosts holding in 'undervalued' UK assets, The Times reports

BlackRock has been acquiring billions of pounds of UK assets it considers "undervalued," The Times newspaper reported on Thursday, quoting the U.S. asset manager's CEO Larry Fink.

BlackRock CEO boosts holding in 'undervalued' UK assets, The Times reports
Business|Economy|Finance|Stock Markets|World

Wall Street's rally roars into a 3rd day as companies' profits keep piling up, for now at least

U.S. stocks rallied further as better-than-expected profits for U.S. companies piled up, though CEOs say they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war

Wall Street's rally roars into a 3rd day as companies' profits keep piling up, for now at least
Economy|Political|US

In unintended filing, federal attorneys poke holes in Trump administration's effort to end NYC toll

The federal prosecutor’s office in Manhattan has accidentally filed an internal memo that poked holes in the Trump administration’s strategy to kill New York’s $9 congestion toll in Manhattan

In unintended filing, federal attorneys poke holes in Trump administration's effort to end NYC toll
Economy|Political

Nebraska Republican Sen. Pete Ricketts faces occasional jeers as he defends Trump's cuts

Republican Sen. Pete Ricketts says spending cuts are needed even as he defends new spending initiatives and a major tax cut being pushed by President Donald Trump

Nebraska Republican Sen. Pete Ricketts faces occasional jeers as he defends Trump's cuts
Business|Economy|Technology

One Tech Tip: Thinking of buying a secondhand phone? Some tips on what to look for

New smartphones aren’t cheap and prices could get even higher amid global trade tensions

One Tech Tip: Thinking of buying a secondhand phone? Some tips on what to look for
Business|Economy|Finance|US|World

UK's Reeves, ahead of US trade talks, nods to Trump's global economy worries

British finance minister Rachel Reeves said on Thursday she shared some of U.S.

UK's Reeves, ahead of US trade talks, nods to Trump's global economy worries
Business|Economy|Finance|Stock Markets|US

P&G looks to raise prices as tariffs hit costs and force forecast cuts

Pampers maker Procter & Gamble said on Thursday it would raise prices on some products to cover the impact on input costs from the trade war and

P&G looks to raise prices as tariffs hit costs and force forecast cuts
Business|Economy|Environment|Finance|Stock Markets

Trump agenda drives record outflows from global sustainable funds, Morningstar says

Investors withdrew a record $8.6 billion from global sustainable funds in the first quarter, researcher Morningstar said on Thursday, attributing the outflows largely to the

Trump agenda drives record outflows from global sustainable funds, Morningstar says
Business|Economy|Technology|US

Ex-Tesla DEI officials offer advice for DOGE-ed federal workers: Stand up to Musk

Former Tesla officials who oversaw the automaker’s diversity, equity and inclusion office say they regret not standing up to billionaire CEO Elon Musk.

Ex-Tesla DEI officials offer advice for DOGE-ed federal workers: Stand up to Musk
Business|Economy|Finance|Stock Markets

JPMorgan promotes 227 employees to MD level in key banking division

JPMorgan Chase has promoted 227 employees in its commercial and investment bank (CIB) division to the coveted role of managing director, according to a memo seen by Reuters on Thursday.

JPMorgan promotes 227 employees to MD level in key banking division
Business|Economy|Finance|Stock Markets|US

Wall Street ends higher on tech boost, easing tariff tensions

U.S. stocks closed higher on Thursday, rallying for a third straight day with a solid boost from technology shares as investors parsed a mixed bag of corporate

Wall Street ends higher on tech boost, easing tariff tensions
Economy|Environment|Political|US|World

Trump administration replaces lawyers in NYC congestion pricing challenge

The Trump administration is replacing lawyers in the U.S.

Trump administration replaces lawyers in NYC congestion pricing challenge
Business|Economy|Finance|World

Trump refutes China's claim of no trade talks

President Donald Trump asserted on Thursday that trade talks between the U.S. and China are underway, pushing back against Chinese claims that

Trump refutes China's claim of no trade talks
Business|Economy|Finance|Health|Stock Markets

Roche Q1 sales up 7% on drugs Phesgo, Vabysmo

Swiss drugmaker Roche said on Thursday its first-quarter sales rose a forecast-beating 7% driven by breast cancer drug Phesgo, eye drug Vabysmo and allergy treatment Xolair.

Roche Q1 sales up 7% on drugs Phesgo, Vabysmo
Business|Economy|Finance|World

Finland plans tax cuts to boost economy; to cut corporate tax to 18% from 20%

Finland's government announced tax breaks for companies and employees in an attempt to boost the country's ailing economy in a mid-term budget review it completed late on Wednesday

Finland plans tax cuts to boost economy; to cut corporate tax to 18% from 20%
Business|Economy|Europe|Finance|Stock Markets

Spain's industrial prices fell in March amid cheaper energy, vegoil

Spanish industrial prices fell in March on a monthly basis thanks to cheaper energy as well as lower vegetable oil prices, the National Statistics Institute (INE) said on Thursday.

Spain's industrial prices fell in March amid cheaper energy, vegoil
Business|Economy|Europe

Sweden's Husqvarna misses profit forecast on weak North American demand; CEO to step down

Sweden's Husqvarna reported first-quarter operating profit below expectations on Thursday, hit by soft demand in North America, currency headwinds and lower prices, while

Sweden's Husqvarna misses profit forecast on weak North American demand; CEO to step down
Business|Economy|US|World

Nestle, rivals ease US price hikes in bid for anxious American shopper

Household goods and packaged food makers are easing U.S. price increases to avoid losing American shoppers to retailers' less expensive private-label brands as a

Nestle, rivals ease US price hikes in bid for anxious American shopper
Business|Economy|Technology|Travel|World

Vietnam Airlines to finalise 50 Boeing narrow-body order soon, sources say

Flag carrier Vietnam Airlines is close to finalising a provisional order for 50 Boeing 737 MAX jets that it made in 2023, industry sources said, as it signed a funding

Vietnam Airlines to finalise 50 Boeing narrow-body order soon, sources say
Asia|Business|Economy|World

Tariff-hit China exporters reluctant to heed government calls to sell locally

Eno Qian, who runs a clothing factory in eastern China, says she makes a 20 yuan ($2.74) profit for every item she sells abroad

Tariff-hit China exporters reluctant to heed government calls to sell locally
Asia|Business|Economy|Finance|Stock Markets

RBI's cash influx seen a small relief amid global uncertainty

The decision by India's central bank to cut rates and flood the banking system with cash will do little to immediately boost demand in Asia's third-

RBI's cash influx seen a small relief amid global uncertainty
Business|Economy|World

Hyundai Motor launches tariff task force, shifts some Mexico output to the US

Hyundai Motor said on Thursday it has launched a task force to respond to U.S. tariffs, adding that production of some Tucson crossovers

Hyundai Motor launches tariff task force, shifts some Mexico output to the US
Business|Economy|Europe|US|World

Donald Trump Jr to meet Hungary's foreign minister in Budapest on Friday

U.S. President Donald Trump's eldest son Donald Trump Jr will meet Hungarian foreign minister Peter Szijjarto in Budapest on Friday, Hungary's foreign ministry said on Thursday.

Donald Trump Jr to meet Hungary's foreign minister in Budapest on Friday
Business|Economy|Technology|US|World

LG considers raising prices, moving production due to tariffs

LG Electronics is considering price increases for some products in response to U.S. tariffs and is also reviewing its options for shifting production of home appliances to the United

LG considers raising prices, moving production due to tariffs
Business|Economy|Europe|Finance|World

France to seek protection from Chinese steel imports after ArcelorMittal job cuts

France and other European countries will push for measures to protect the European steel industry against Chinese imports, French government spokesperson Sophie Primas said on

France to seek protection from Chinese steel imports after ArcelorMittal job cuts
Business|Economy|Finance|Stock Markets|US

Dollar has further to fall, says Goldman Sachs chief economist

The dollar, battered and bruised by U.S. tariff uncertainty and recession fears, has much further to fall, Goldman Sachs chief economist Jan Hatzius says.

Dollar has further to fall, says Goldman Sachs chief economist
Business|Economy|Europe|Finance|Stock Markets

Tariff risks threaten fragile improvement in German business sentiment

German business morale unexpectedly rose in April, a survey showed on Thursday, though expectations were gloomier as companies remain uncertain

Tariff risks threaten fragile improvement in German business sentiment
Business|Economy|Environment

Kentucky farmers hit by one-two punch of trade war, historic floods

Kentucky farmer Drew Langley got an early start planting soybeans this spring, hoping to boost yields to help soothe the sting of

Kentucky farmers hit by one-two punch of trade war, historic floods
Business|Economy|Europe

UK manufacturers hit by weak export orders in April, CBI survey shows

The downturn in British factory orders eased only slightly in April, with new export business sliding sharply amid a global trade war, the Confederation of British Industry said on

UK manufacturers hit by weak export orders in April, CBI survey shows
Business|Economy|Finance|US

Analysts game out use of Fed toolkit if market needs central bank's help

By Michael S.

Analysts game out use of Fed toolkit if market needs central bank's help
Economy|Health|Political

Gov. Tim Walz pledges to protect Minnesota from the 'chaos' he says Trump has unleashed on the world

Minnesota Gov. Tim Walz has pledged to do everything in his power to protect Minnesotans from the chaos that he says President Donald Trump has unleashed on the country and world

Gov. Tim Walz pledges to protect Minnesota from the 'chaos' he says Trump has unleashed on the world
Business|Economy|Technology

Revolut profits soars on crypto boom as CEO lifts stake

Revolut's pretax profit surged 149% last year to 1.1 billion pounds ($1.46 billion) as the financial technology firm rode a wave in

Revolut profits soars on crypto boom as CEO lifts stake
Business|Economy|Finance|Stock Markets|US

Was that a dead cat bounce?

What matters in U.S. and global markets today. 

Was that a dead cat bounce?
Business|Economy|Finance|Stock Markets|US

Republican task force chief wants to shield Fed from political influence, including Trump

A Republican lawmaker tasked with scrutinizing Federal Reserve monetary policy wants the U.S.

Republican task force chief wants to shield Fed from political influence, including Trump
Business|Economy|Health

Merck posts higher profit, puts tariffs cost at $200 million

Merck on Thursday said its first-quarter adjusted profit rose 7% as lower costs helped offset a 2% decline in sales, reflecting a January decision to pause shipments of its

Merck posts higher profit, puts tariffs cost at $200 million
Asia|Business|Economy|Political|World

China pushes for tariff cancellation to end US trade war

China called for all "unilateral" U.S. tariffs to be cancelled on Thursday, as signs emerged that the Trump administration may de-escalate

China pushes for tariff cancellation to end US trade war
Business|Economy|Finance|Stock Markets|Technology

Coinbase waives fees on PayPal’s stablecoin in crypto payments push

Coinbase, the largest publicly traded cryptocurrency exchange, is waiving fees on transactions connected to PayPal's stablecoin and allowing its users to redeem the token

Coinbase waives fees on PayPal’s stablecoin in crypto payments push
Economy|Europe|Political|World

Kremlin says Russia is not holding gas supply talks with Europe or the US

The Kremlin said on Thursday that Russia is not holding talks with Europe or the United States about Russian gas supplies via Ukraine.

Kremlin says Russia is not holding gas supply talks with Europe or the US
Business|Economy|Technology

Tesla doubles down on robotaxi timeline; investors enthused - and skeptical

Tesla peppered its latest earnings call with pledges to launch commercial robotaxi operations soon, with CEO Elon Musk promising that autonomous vehicles will "move the

Tesla doubles down on robotaxi timeline; investors enthused - and skeptical
Business|Economy|Europe|World

German economy to flatline in 2025 as tariff turmoil hits, government says

The German government cut its economic growth forecast on Thursday and now sees stagnation in 2025 instead of a 0.3% expansion as uncertainty from global trade disputes is set to

German economy to flatline in 2025 as tariff turmoil hits, government says
Business|Economy|Technology|US

CenterPoint to spend more to meet AI power demand despite fall in quarterly profit

CenterPoint Energy reported a fall in first-quarter profit on Thursday, but the U.S. utility raised its capital expenditure plan to meet expected demand from data centers used for

CenterPoint to spend more to meet AI power demand despite fall in quarterly profit
Economy|Political|World

Moscow calls Japanese loan to Ukraine backed by frozen Russian assets 'theft'

Russia on Thursday accused Japan of treachery and complicity in theft after Tokyo last week signed an agreement to lend Ukraine over $3 billion for reconstruction, backed by the

Moscow calls Japanese loan to Ukraine backed by frozen Russian assets 'theft'
Business|Economy|Finance|Stock Markets|US|World

US asset seizure not a credible threat, 'one of many risks' to monitor, Norway wealth fund says

Norway's $1.7 trillion sovereign wealth fund, which has invested over half its money in the United States, does not see a credible risk that its U.S. assets could be

US asset seizure not a credible threat, 'one of many risks' to monitor, Norway wealth fund says
Business|Economy|Finance|Stock Markets|World

ECB's Rehn says central bank may need to lower interest rates, Bloomberg News reports

The European Central Bank may need to lower interest rates further and shouldn't exclude a larger reduction, Governing Council member Olli Rehn told Bloomberg News in an interview.

ECB's Rehn says central bank may need to lower interest rates, Bloomberg News reports
Business|Economy|Environment|Technology|US

VW to contribute self-driving electric vans in U.S. pact with Uber

Volkswagen will supply thousands of electric vans in a collaboration agreement with Uber Technologies as the partners seek to offer rides in fully autonomous vehicles in the United States

VW to contribute self-driving electric vans in U.S. pact with Uber
Business|Economy|Finance|Stock Markets|US

Keurig Dr Pepper beats profit estimates on strong U.S. demand

Keurig Dr Pepper reported first-quarter revenue and profit above Wall Street expectations on Thursday, helped by strong demand for its

Keurig Dr Pepper beats profit estimates on strong U.S. demand
Economy|Political|World

What is the Indus Waters Treaty between India and Pakistan?

India said it would immediately suspend the Indus Waters Treaty with Pakistan as part of measures to downgrade diplomatic ties

What is the Indus Waters Treaty between India and Pakistan?
Business|Economy|Finance|Stock Markets

Textron beats quarterly estimates on military helicopter, aviation aftermarket demand

Cessna business jet maker Textron beat first-quarter profit and revenue estimates on Thursday, driven by sustained strength in its Bell segment as well as robust demand for aftermarket

Textron beats quarterly estimates on military helicopter, aviation aftermarket demand
Business|Economy|US

March home sales slowed in a lethargic opening to the spring buying season

Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged many prospective home shoppers

March home sales slowed in a lethargic opening to the spring buying season
Business|Economy|Finance|Stock Markets|US

Trump trade war is wrecking hope for 2025 US trucking rebound

U.S. truckers are moving record volumes of auto parts, appliances and sneakers after their customers stocked up ahead of President Donald Trump's tariffs, but

Trump trade war is wrecking hope for 2025 US trucking rebound
Business|Economy|US

US durable goods orders soar on aircraft bookings in March

Orders for long-lasting U.S. manufactured goods surged in March on strong demand for commercial aircraft, but activity elsewhere was muted, likely as businesses exercised caution

US durable goods orders soar on aircraft bookings in March
Business|Economy|Finance|Stock Markets|Technology|World

Cryptocurrency campaigners call for Swiss central bank to hold bitcoin

Cryptocurrency campaigners have stepped up calls for the Swiss National Bank to buy bitcoin, saying the global economic turmoil triggered by U.S.

Cryptocurrency campaigners call for Swiss central bank to hold bitcoin
Asia|Business|Economy|Technology

VinFast's losses widen after offering promotions to boost EV sales in Asia

Vietnamese electric vehicle maker VinFast's losses widened in the fourth quarter, it said on Thursday, due to rising costs linked to its overseas expansion

VinFast's losses widen after offering promotions to boost EV sales in Asia
Business|Economy|Health|Political

Roche seeks US tariff relief in direct talks with Trump administration

Swiss drugmaker Roche is petitioning the U.S. government in direct talks for import tariff exemptions, arguing the products it ships into the United States are offset by

Roche seeks US tariff relief in direct talks with Trump administration
Business|Economy|Finance|World

IMF's chief says China needs to end property crisis, social safety net, services

International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that for China to shift its economy towards consumption, it will need to end a property crisis

IMF's chief says China needs to end property crisis, social safety net, services
Business|Economy|Finance|Stock Markets|US

Fed's Hammack says time for Fed to be patient on policy - CNBC

By Michael S.

Fed's Hammack says time for Fed to be patient on policy - CNBC
Business|Economy|Finance|Stock Markets

PepsiCo cuts annual profit forecast as tariffs set to drive up costs

PepsiCo on Thursday cut its annual profit forecast as the soda and snacks giant signaled higher production costs and subdued consumer spending due to the uncertainty

PepsiCo cuts annual profit forecast as tariffs set to drive up costs
Business|Economy|Technology|World

Chile regulator greenlights Codelco-SQM lithium joint venture

Chile's competition regulator approved a deal between Codelco, the state-run copper giant, and SQM to form a joint venture to expand lithium production in the Atacama salt flats,

Chile regulator greenlights Codelco-SQM lithium joint venture
Business|Economy|Stock Markets|US

Toymaker Hasbro's first-quarter results beat on gaming unit strength

Hasbro's quarterly results beat Wall Street estimates on Thursday, helped by strength in the company's gaming segment, sending the toymaker's shares up about 12%.

Toymaker Hasbro's first-quarter results beat on gaming unit strength
Business|Economy|Technology

Hear what Musk told Tesla investors about his DOGE role going forward

CNN's Erin Burnett reacts to Elon Musk's remarks during a Tesla earnings call in which he said he would scale back his efforts at Department of Government Efficiency to "a day or two" a week starting sometime next month.

Hear what Musk told Tesla investors about his DOGE role going forward
Business|Economy|Stock Markets|Technology

IBM slides as federal spending cuts, uncertain economy impact consulting business

Shares of International Business Machines fell nearly 7% in morning trading on Thursday after the company said some of its federal contracts were suspended, while an uncertain economy poses

IBM slides as federal spending cuts, uncertain economy impact consulting business
Business|Economy|World

IMF to help Syria rebuild institutions, re-enter world economy, Georgieva says

The International Monetary Fund plans to work with Syria to help it reintegrate into the global economy, IMF chief Kristalina Georgieva said on Thursday, citing a meeting on the

IMF to help Syria rebuild institutions, re-enter world economy, Georgieva says
Business|Economy|US

US existing home sales fall more than expected in March

U.S. existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely as growing concerns of an economic slowdown

US existing home sales fall more than expected in March
Business|Economy|Europe

ECB policymaker Rehn plays up chance of rate cut in June

European Central Bank policymaker Olli Rehn on Thursday played up the chance of an interest rate cut in June as the ECB's new forecasts "may well" point to inflation falling too

ECB policymaker Rehn plays up chance of rate cut in June
Business|Economy|US|World

US spirits exports rise 10% in 2024 amid tariff fears

U.S. spirits exports rose 10% in 2024 to $2.4 billion, according to a report by Distilled Spirits Council of the United States (DISCUS), driven by a surge in supply

US spirits exports rise 10% in 2024 amid tariff fears
Asia|Business|Economy|US|World

China denies any suggestion it is currently in talks with the US over tariffs

China has denied any suggestion it's in active negotiations with the administration of U_S_ President Donald Trump over tariffs, saying any notion of progress in the matter is as groundless as “trying to catch the wind.”

China denies any suggestion it is currently in talks with the US over tariffs
Business|Economy|Political|US

US warns states they could lose transportation funding over immigration, DEI policies

The Trump administration said on Thursday states could lose transportation funding over a failure to cooperate on federal immigration enforcement efforts or

US warns states they could lose transportation funding over immigration, DEI policies
Business|Economy|Finance|Stock Markets|US

Leveraged equity ETFs popular as investors bet on market recovery

Leveraged equity exchange-traded funds have seen a surge in inflows this month as some investors seek to position for amplified gains when

Leveraged equity ETFs popular as investors bet on market recovery
Business|Economy|Finance|Stock Markets|US

Morgan Stanley Infra Partners eyes $2 billion Permian pipelines sale, sources say

Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, with a deal expected to value its holding at more than $2 billion

Morgan Stanley Infra Partners eyes $2 billion Permian pipelines sale, sources say
Business|Economy|Finance|Stock Markets|US

Dow warns of earnings pressure due to tariff uncertainty

Chemicals firm Dow Inc said on Thursday that it expects extended pressure on earnings as uncertainty from U.S.

Dow warns of earnings pressure due to tariff uncertainty
Business|Economy|Environment|Political

Green energy supporters pushed for faster permitting. Trump is doing it, but not for solar or wind

For years proponents of green energy have argued that the slow, inefficient permitting process in the United States significantly hinders the transition to clean sources of electricity

Green energy supporters pushed for faster permitting. Trump is doing it, but not for solar or wind
Economy|Political|Technology|US|World

100 days of DOGE: lots of chaos, not so much efficiency

At the Social Security Administration, lawyers, statisticians and other high-ranking agency officials are being sent from the

100 days of DOGE: lots of chaos, not so much efficiency
Business|Economy|Finance|Health|Stock Markets|US|World

Drugmakers brace for Trump tariffs, while weighing numerous other worries

Major drugmakers were a standout on a tumultuous day of corporate earnings on Thursday, beating expectations even as they grapple with

Drugmakers brace for Trump tariffs, while weighing numerous other worries
Business|Economy|Finance|Stock Markets|US

Dollar rally unravels as investors shrug off Trump U-turns

The dollar staged a broad retreat on Thursday, as investor gloom over the lack of progress toward defusing the U.S.-China trade war reasserted itself following an

Dollar rally unravels as investors shrug off Trump U-turns
Business|Economy|Finance|Stock Markets

Valero Energy reports first-quarter loss on lower margins, impairment charges

Valero Energy reported a first-quarter loss compared with a year-ago profit on Thursday, weighed down by lower refining margins and around $1 billion in impairment charges related to its

Valero Energy reports first-quarter loss on lower margins, impairment charges
Business|Economy|Finance|Political|World

Ukraine's Marchenko says working to seal US minerals pact as 'fast as we can'

Ukraine and the United States still have issues to resolve before signing a critical minerals agreement, but Kyiv officials are working to seal a deal "as fast

Ukraine's Marchenko says working to seal US minerals pact as 'fast as we can'
Economy|Europe|Political|US|World

Nato's Rutte calls for 'quantum leap' as Europe boosts defence investment

NATO Secretary-General Mark Rutte has called for European countries and Canada to make a "quantum leap" in boosting their contribution to the alliance.

Nato's Rutte calls for 'quantum leap' as Europe boosts defence investment
Business|Economy|Finance|Stock Markets|Technology

Derivatives exchange CME set to launch XRP futures in crypto push

CME Group will launch futures contracts tied to the XRP cryptocurrency next month, the derivatives exchange said on Thursday, aiming to tap into the growing interest in

Derivatives exchange CME set to launch XRP futures in crypto push
Asia|Business|Economy

China has scope to ramp up stimulus, fix property woes, IMF says

China needs to do more to address its property-sector problems and has scope to provide more stimulus to boost consumption, Krishna Srinivasan, director of the

China has scope to ramp up stimulus, fix property woes, IMF says
Business|Economy|Health

UPS deepens healthcare push with $1.6 billion deal for Canada's Andlauer

Parcel giant UPS said on Thursday it would buy Canada's Andlauer Healthcare Group in an all-cash deal valued at $1.6 billion, boosting its healthcare

UPS deepens healthcare push with $1.6 billion deal for Canada's Andlauer
Business|Economy|Finance|Stock Markets|US

US labor market holds steady for now; tariffs keep businesses on edge

The number of Americans filing new applications for unemployment benefits increased marginally last week, suggesting the labor market remained resilient

US labor market holds steady for now; tariffs keep businesses on edge
Business|Economy|Finance|Stock Markets|US

CRE market sentiment dropped by most in Q1 since pandemic, survey finds

Optimism in the U.S. market for commercial real estate financing witnessed its second largest drop ever in the first quarter, triggered by President Donald Trump's

CRE market sentiment dropped by most in Q1 since pandemic, survey finds
Business|Economy|Europe

Michelin's sales drop less than expected despite volume slump

Tyre maker Michelin reported a slightly smaller than expected drop in first-quarter sales as its core automotive, scooters and motorcycles division outperformed. 

Michelin's sales drop less than expected despite volume slump
Business|Economy|US|World

IMF focused on stability but will support countries on climate risks, Georgieva says

The International Monetary Fund will stay "laser focused" on preventing balance of payments crises and incorporate the Trump administration's

IMF focused on stability but will support countries on climate risks, Georgieva says
Business|Economy|Political|US|World

Trump trade war spreads more gloom across businesses worldwide

Businesses across multiple industries are hiking prices, backing away from previous financial guidance and warning of

Trump trade war spreads more gloom across businesses worldwide
Business|Economy|Europe|Finance|World

Ireland to give 141 million euros to World Bank fund for poorest countries

Ireland will contribute about 141.4 million euros ($161 million)to the World Bank's latest replenishment of its fund for the poorest countries, a 33.5%

Ireland to give 141 million euros to World Bank fund for poorest countries
Business|Economy|Europe|World

What are Ukraine's GDP warrants and why are they creating problems for Kyiv?

Ukraine on Thursday said talks with holders of its $3.2 billion worth of GDP-linked debt had concluded without an agreement.

What are Ukraine's GDP warrants and why are they creating problems for Kyiv?
Business|Economy|Health|US

Bristol Myers posts higher-than-expected quarterly revenue on cancer drug sales

Bristol Myers Squibb reported higher-than-expected first-quarter revenue on Thursday and raised its full-year forecast due to growth from its portfolio of drugs that spur a

Bristol Myers posts higher-than-expected quarterly revenue on cancer drug sales
Business|Economy|Finance|Stock Markets|World

Emerging economies face longer period of tighter financing, South African central banker says

Emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free assets is very much

Emerging economies face longer period of tighter financing, South African central banker says
Business|Economy|Europe|Finance|Stock Markets

ECB eyeing more nimble policy moves amid price shocks, Bloomberg News reports

The European Central Bank is set to consider changing its monetary-policy strategy to enable more nimble responses to price shocks as the global environment becomes increasingly volatile,

ECB eyeing more nimble policy moves amid price shocks, Bloomberg News reports
Business|Economy|Finance|Stock Markets|Technology

Mobileye soothes tariff fears with strong second-quarter revenue forecast

Mobileye Global forecast surprise second-quarter revenue growth on Thursday and said the company would not face a direct impact from U.S.

Mobileye soothes tariff fears with strong second-quarter revenue forecast
Business|Economy|Political|World

UK PM Starmer nears EU defence pact in shadow of Trump trade talks

Britain is edging towards a new defence agreement with the European Union that officials on both sides hope will

UK PM Starmer nears EU defence pact in shadow of Trump trade talks
Business|Economy|Finance|Stock Markets|US

Fed officials argue for patience while gauging tariff impact

By Michael S.

Fed officials argue for patience while gauging tariff impact
Business|Economy|US

Union Pacific misses quarterly estimates on weak auto shipments

Railroad operator Union Pacific missed Wall Street estimates for first-quarter profit and revenue on Thursday, hurt by weak automotive shipments and lower fuel

Union Pacific misses quarterly estimates on weak auto shipments
Business|Economy|Finance|Stock Markets

Nissan sees record loss of up to $5.26 billion as restructuring bites

Nissan Motor sees a record net loss of 700 billion yen to 750 billion yen ($4.91 billion-$5.26 billion) for the financial year that ended in March, it said on Thursday, due to

Nissan sees record loss of up to $5.26 billion as restructuring bites
Business|Economy|Finance|World

Putin says Russia should use trade war opportunities to strengthen economy

Russian President Vladimir Putin urged his economic officials on Thursday to take advantage of opportunities arising in the global economy from market turbulence and

Putin says Russia should use trade war opportunities to strengthen economy
Business|Economy|US|World

Freeport-McMoRan profit slightly beats, flags higher costs amid tariffs

Copper miner Freeport-McMoRan reported a first-quarter profit on Thursday that slightly beat Wall Street's expectations but said tariffs proposed by U.S.

Freeport-McMoRan profit slightly beats, flags higher costs amid tariffs
Americas|Business|Economy|Political|World

Canada decides what happens to auto sector, not Trump, says Carney

Prime Minister Mark Carney on Thursday dismissed Donald Trump's remarks about not wanting Canadian cars, reiterating that the U.S.

Canada decides what happens to auto sector, not Trump, says Carney
Asia|Business|Economy|Finance|World

Asian central banks have space to ease rates to soften US tariff hit, IMF official says

Many Asian central banks have room to ease monetary policy to cushion the blow to their economies from U.S. tariffs, a senior International Monetary Fund official

Asian central banks have space to ease rates to soften US tariff hit, IMF official says
Business|Economy|Food

For the first time in about 50 years, Jersey Mike’s has a new CEO

For the first time in about 50 years, Jersey Mike’s has a new CEO

For the first time in about 50 years, Jersey Mike’s has a new CEO
Business|Economy|Finance|Stock Markets|US

Bank of England's Bailey focuses on growth hit from tariffs

Bank of England Governor Andrew Bailey said on Thursday he was focused on an expected shock to economic growth from U.S.

Bank of England's Bailey focuses on growth hit from tariffs
Asia|Business|Economy|Finance|Stock Markets

Chinese insurance broker Yuanbao targets $676 million valuation in US IPO amid trade tensions

Chinese insurance broker Yuanbao said on Thursday that it was targeting a valuation of up to $676.3 million in its U.S. initial public offering, amid economic uncertainty and a slowdown in

Chinese insurance broker Yuanbao targets $676 million valuation in US IPO amid trade tensions
Business|Economy|Finance|Stock Markets

UK's NewDay Group draws takeover interest from bidders, Sky News reports

British financial services firm NewDay Group has attracted takeover interest for parts or all of its business, including a bid from a Bain Capital-led consortium, Sky News reported on

UK's NewDay Group draws takeover interest from bidders, Sky News reports
Asia|Business|Economy|Political|US

USTR holds productive trade meeting with Vietnam, statement says

U.S.

USTR holds productive trade meeting with Vietnam, statement says
Business|Economy|Travel|US

Trade war and leery travelers have airlines trimming flights and withdrawing financial guidance

Major U.S. airlines are reducing their flight schedules and revising or withdrawing their profit outlooks for the year due to less domestic travel demand as sentiment about the national and global economies sours

Trade war and leery travelers have airlines trimming flights and withdrawing financial guidance
Business|Economy|Finance|Stock Markets|US

P&G leans on $380 electric toothbrushes, upgraded razors to offset tariffs

Procter & Gamble is betting consumers will shell out for $380 electric toothbrushes, spruced-up Pampers diapers and pocket-sized Always pads,

P&G leans on $380 electric toothbrushes, upgraded razors to offset tariffs
Business|Economy|Finance|Stock Markets|World

Oil prices settle up on weaker US dollar, mixed economic news

Oil prices edged up on Thursday as investors weighed a weaker U.S. dollar, potential OPEC+ output increase, mixed economic news, conflicting U.S. tariff signals

Oil prices settle up on weaker US dollar, mixed economic news
Economy|Europe|MidEast|Political|World

Crimea is a focus of discussions to end Russia's war in Ukraine. Here's why it's so coveted

Russia’s illegal seizure of Crimea from Ukraine 11 years ago was quick and bloodless

Crimea is a focus of discussions to end Russia's war in Ukraine. Here's why it's so coveted
Business|Economy|Finance|Stock Markets

Has the stock market hit bottom? History is a guide

Has the stock market hit bottom? History is a guide

Has the stock market hit bottom? History is a guide
Business|Economy|US

Tariff turmoil: What P&G, Pepsi and other companies are saying about tariffs

Tariff worries continue hanging over companies as they report their latest financial results and try to provide guidance on their path ahead

Tariff turmoil: What P&G, Pepsi and other companies are saying about tariffs
Business|Economy|Finance|US|World

US spirits exports hit a record high in 2024. Tariffs could destroy that

US spirits exports hit a record high in 2024. Tariffs could destroy that

US spirits exports hit a record high in 2024. Tariffs could destroy that
Business|Economy|Political

Most Americans expect higher prices as a result of Trump's tariffs, a new AP-NORC poll finds

An Associated Press-NORC Center for Public Affairs Research poll suggests Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering

Most Americans expect higher prices as a result of Trump's tariffs, a new AP-NORC poll finds
Business|Economy|Education|Environment

Alaska, rich in petroleum, faces an energy shortage

Alaska produces a lot of crude oil, but many of the state’s utilities, businesses and homes run on natural gas, which is in dwindling supply near population centers.

Alaska, rich in petroleum, faces an energy shortage
Asia|Business|Economy|Technology|World

Nissan revises down its earnings forecast with bigger losses

Nissan says it expects to rack up a loss totaling 700 billion yen ($4.9 billion) to 750 billion yen ($5.3 billion) for the fiscal year through March because of declining sales and the losing value of its assets

Nissan revises down its earnings forecast with bigger losses
Business|Economy|Finance|Stock Markets|US

Investors got hosed when Trump’s tariffs tanked markets. Some of America’s billionaires managed to sell before the plunge

Investors got hosed when Trump’s tariffs tanked markets. Some of America’s billionaires managed to sell before the plunge

Investors got hosed when Trump’s tariffs tanked markets. Some of America’s billionaires managed to sell before the plunge
Business|Economy|Finance|Stock Markets|US

IMF chief urges countries to move 'swiftly' to resolve trade tensions that threaten global growth

The head of the International Monetary Fund urged countries to move “swiftly’’ to resolve trade disputes that threaten global economic growth

IMF chief urges countries to move 'swiftly' to resolve trade tensions that threaten global growth
Business|Economy|Finance|Stock Markets|US

US filings for jobless benefits inch up as labor market remains strong despite fears of downturn

U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn

US filings for jobless benefits inch up as labor market remains strong despite fears of downturn
Business|Economy|Food

Jack in the Box to close up to 200 ‘underperforming’ locations

Jack in the Box to close up to 200 ‘underperforming’ locations

Jack in the Box to close up to 200 ‘underperforming’ locations
Business|Economy|Europe|Finance|Stock Markets|World

Germany sees the economy stagnating in 2025 as Trump's trade policy weighs on it

The German government is forecasting the country’s economy, Europe’s biggest, will stagnate this year as U.S. President Donald Trump’s tariffs and trade threats weigh on its performance

Germany sees the economy stagnating in 2025 as Trump's trade policy weighs on it
Business|Economy|Finance|Stock Markets|US

One of Trump’s billionaire supporters has harsh words for the president about his trade war

One of Trump’s billionaire supporters has harsh words for the president about his trade war

One of Trump’s billionaire supporters has harsh words for the president about his trade war
Business|Economy|Finance|Stock Markets|US

PepsiCo lowers full-year earnings forecast on tariff costs and lower consumer spending

PepsiCo lowered its full-year earnings expectations Thursday, citing increased costs from tariffs and a pullback in consumer spending

PepsiCo lowers full-year earnings forecast on tariff costs and lower consumer spending
Business|Economy|Environment|Political|World

The UK says at an energy summit that green power will boost security, as the US differs

Britain has announced a major investment in wind power as it hosts an international summit on energy security

The UK says at an energy summit that green power will boost security, as the US differs
Business|Economy|Political|US|World

Trump’s trade war olive branch met with derision and mistrust inside China

Trump’s trade war olive branch met with derision and mistrust inside China

Trump’s trade war olive branch met with derision and mistrust inside China
Africa|Economy|Political

South Africa scraps proposed tax increase after pushback from coalition partners and opposition

The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after a pushback from various political parties

South Africa scraps proposed tax increase after pushback from coalition partners and opposition
Economy|Finance|US|World

Turkey's Simsek holds talks with US Treasury Secretary Bessent

Turkish Finance Minister Mehmet Simsek and Central Bank Governor Fatih Karahan met on Wednesday with U.S.

Turkey's Simsek holds talks with US Treasury Secretary Bessent
Australia|Business|Economy|Election|Environment|World

Where do Australia's political parties stand on energy policy?

Australia will hold an election on May 3, and energy security has become a key issue as voters face rising power bills and the prospect of gas shortages.

Where do Australia's political parties stand on energy policy?
Business|Economy|Finance|World

U.S. and South Korea had 'very successful' trade talks, Bessent says

The U.S. and South Korea had a "very successful" meeting on Thursday, Treasury Secretary Scott Bessent said, as the two countries opened

U.S. and South Korea had 'very successful' trade talks, Bessent says
Business|Economy|Finance|Stock Markets

Dour sentiment readings threaten relief rally

A look at the day ahead in European and global markets from Rocky Swift Europe's souring business sentiment looks likely to put stocks on the defensive on Thursday, as President Donald Trump's erratic

Dour sentiment readings threaten relief rally
Business|Economy|Finance|US|World

Japan urges G20 to stabilise markets, warns of US tariff damage

Japanese Finance Minister Katsunobu Kato on Wednesday urged G20 counterparts to cooperate in stabilising markets, warning that U.S. tariffs and countermeasures

Japan urges G20 to stabilise markets, warns of US tariff damage
Business|Economy|Technology

Toyota's March overseas sales hit record peak as US buyers rush ahead of tariffs

Toyota Motor said on Thursday that its overseas sales in March touched a record high for the month, fuelled by a surge in North American purchases ahead of U.S. import tariffs that

Toyota's March overseas sales hit record peak as US buyers rush ahead of tariffs
Asia|Business|Economy|Technology|US

Robotaxi maker Pony.ai sees Trump's trade war hitting sentiment, overseas expansion plans

China-based robotaxi developer Pony.ai Inc said on Thursday that U.S.

Robotaxi maker Pony.ai sees Trump's trade war hitting sentiment, overseas expansion plans
Asia|Business|Economy|World

Philippines stands to benefit from US tariff shake-up, but must address constraints, study shows

The Philippines stands to benefit from a sweeping U.S. tariff overhaul that has disrupted global trade flows, a new study showed, as the country emerges among the least exposed

Philippines stands to benefit from US tariff shake-up, but must address constraints, study shows
Business|Economy|Finance|Stock Markets|World

Singapore's high-yield stocks gain from tariff-induced flight to safety

As reverberations from U.S.

Singapore's high-yield stocks gain from tariff-induced flight to safety
Asia|Business|Economy|World

Taiwan proposes another $10 billion in aid to deal with US tariffs

Taiwan's premier on Thursday proposed another $10 billion in spending as a special budget to help the economy deal with the impact of U.S. tariffs.

Taiwan proposes another $10 billion in aid to deal with US tariffs
Business|Economy|Health

Novo Nordisk's stellar Wegovy-fuelled run of hiking sales guidance could be ending

Since launching its wildly popular weight-loss drug Wegovy in 2021, Novo Nordisk has raised its annual sales guidance several times a year.

Novo Nordisk's stellar Wegovy-fuelled run of hiking sales guidance could be ending
Business|Economy|Europe|Finance|Stock Markets

Renault's new launches lift first quarter sales

French carmaker Renault reported a small rise in first-quarter revenue on Thursday as popular new models including the electric Renault 5 and Duster SUV helped to

Renault's new launches lift first quarter sales
Asia|Business|Economy|Finance|World

China supports free trade, central bank governor says in Washington meeting, CCTV reports

China will firmly support free trade rules and the multilateral trading system, the country's central bank governor said on Wednesday in Washington D.C., state broadcaster CCTV

China supports free trade, central bank governor says in Washington meeting, CCTV reports
Business|Economy|Europe|Technology

European car sales rise in March, Tesla drops 28.2%

Tesla's new car sales in Europe dropped 28.2% in March from a year earlier, even as overall battery electric vehicle sales rose 23.6% in the

European car sales rise in March, Tesla drops 28.2%
Business|Economy|Europe|Finance|US|World

German finance minister: agreement with US is still preferred option in tariff row

Germany still hopes the European Union can find agreement with the United States to bring about a reduction in import tariffs but supports counter-measures if this fails, the

German finance minister: agreement with US is still preferred option in tariff row
Business|Economy|World

Nestle beats quarterly sales estimates, says indirect tariff impact 'unclear'

Nestle on Thursday said the indirect impact of U.S. tariffs was "unclear" and posted better-than-expected first-quarter organic sales growth, as the world's biggest

Nestle beats quarterly sales estimates, says indirect tariff impact 'unclear'
Business|Economy|Technology|World

Nokia posts quarterly profit miss, flags disruption from Trump's tariffs

Nokia reported first-quarter profit well below market expectations on Thursday and flagged a short-term disruption from U.S. tariffs with an

Nokia posts quarterly profit miss, flags disruption from Trump's tariffs
Asia|Business|Economy|Finance|Stock Markets

Japanese investors turned net buyers of overseas bonds last week

Japanese investors were net buyers of overseas bonds in the week through April 19, as U.S. bond markets recovered somewhat after a heavy selloff earlier this month.

Japanese investors turned net buyers of overseas bonds last week
Asia|Business|Economy|Finance|World

Fitch watching 'quite closely' how South Korea manages geopolitical challenges

Global credit ratings agency Fitch said it was "quite closely" watching how South Korea manages geopolitical challenges amid a global trade war between

Fitch watching 'quite closely' how South Korea manages geopolitical challenges
Asia|Business|Economy|Technology|US|World

Boeing poised to resell jets as tariffs hit China trade

Boeing is looking to resell potentially dozens of planes locked out of China by tariffs after repatriating a third jet to

Boeing poised to resell jets as tariffs hit China trade
Business|Economy|Europe|Finance|Stock Markets

BNP CEO strikes upbeat tone on European outlook despite mixed results

By Mathieu Rosemain PARIS - BNP Paribas's CEO said on Thursday the French lender was preparing to capitalise on opportunities thrown up by a trade war-induced economic slowdown, striking an upbeat

BNP CEO strikes upbeat tone on European outlook despite mixed results
Business|Economy|Europe|Finance|Stock Markets

Volvo Cars appoints new CFO in latest management change

Sweden-based Volvo Cars has appointed Fredrik Hansson as its new chief financial officer (CFO) effective immediately, it said on Thursday in the latest change to the auto maker's

Volvo Cars appoints new CFO in latest management change
Asia|Business|Economy|Technology|World

China is restricting mineral exports. How does its export control system work?

China has been flexing its control over the mining and refining of minerals by adding metals essential for clean energy, chipmaking and defence to its export control list,

China is restricting mineral exports. How does its export control system work?
Business|Economy|Finance|Stock Markets

Kimberly-Clark's $4 billion international tissue unit set for three-way M&A fight, sources say

Southeast Asia's Royal Golden Eagle (RGE) and Asia Pulp & Paper Co (APP), as well as Brazil's Suzano SA are the final

Kimberly-Clark's $4 billion international tissue unit set for three-way M&A fight, sources say
Africa|Asia|Business|Economy|Political|World

China, Kenya upgrade ties amid 'turbulent international situation'

China and Kenya announced they had upgraded ties to a "new level" on Thursday during a meeting between President Xi Jinping and Kenyan President William Ruto in

China, Kenya upgrade ties amid 'turbulent international situation'
Business|Economy|Europe

Unilever beats quarterly sales estimate driven by price hikes and demand

Unilever beat estimates for first-quarter underlying sales growth on Thursday, helped by price increases and strong demand for its premium products, and said it

Unilever beats quarterly sales estimate driven by price hikes and demand