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

Economy

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
Business|Economy|Technology|World

Even Porsche can't find its lane in China as foreign automaker sales skid

Foreign automakers in China face an increasingly urgent challenge at this year's Shanghai auto show - winning back Chinese

Even Porsche can't find its lane in China as foreign automaker sales skid
Business|Economy|Europe|Stock Markets|Technology

STMicro forecasts better quarterly sales, says no tariff panic yet

STMicroelectronics said U.S. tariffs had so far not changed its conversations with customers, after the chipmaker forecast rising second-quarter sales from the yearly low

STMicro forecasts better quarterly sales, says no tariff panic yet
Business|Economy|US

UK's Balfour Beatty secures $889 million Texas highway contract

British construction and infrastructure group Balfour Beatty said on Thursday it had secured a contract worth $889 million from the Texas Department of Transportation to reconstruct part of

UK's Balfour Beatty secures $889 million Texas highway contract
Economy|Europe|Political|World

Where is Crimea and why is it contested?

The Crimean peninsula, which Russia seized from Ukraine in 2014, is at the centre of the worst East-West standoff since the Cold War. The issue led to another clash  between U.S.

Where is Crimea and why is it contested?
Business|Economy|Europe|Finance|Stock Markets

STOXX 600 up as automakers, materials gain; Trump policy shifts in focus

European shares ended higher on Thursday, boosted by automakers and materials stocks, as investors digested a mixed set of corporate

STOXX 600 up as automakers, materials gain; Trump policy shifts in focus
Africa|Economy|Political|World

Kenyan president vows closer ties to China during visit amid Trump's trade war

Kenyan President William Ruto pledged to build closer ties with China on Thursday, a day after saying a global trade war triggered by Washington could deal a “death blow” to the current world order

Kenyan president vows closer ties to China during visit amid Trump's trade war
Economy|Election|Political|World

Trump's trade war and annexation threats have upended Canada's election

U.S. President Donald Trump’s trade war and annexation threats have upended Canada’s election and dramatically improved the fortunes of the Liberal Party, which could win a fourth consecutive term in power next week

Trump's trade war and annexation threats have upended Canada's election
Economy|Political|Technology|US|World

From banning tech to ending sister-city ties, US states have at least 240 anti-China proposals

State lawmakers across the U.S. have introduced at least 240 anti-China proposals this year

From banning tech to ending sister-city ties, US states have at least 240 anti-China proposals
Asia|Business|Economy|Finance|Stock Markets|World

China to allow overseas investors access to more sectors

China's state regulator and planning council published a new version of its "negative list" that relaxes barriers to entering the world's second-largest economy, reducing the

China to allow overseas investors access to more sectors
Business|Economy|Finance|Stock Markets|US

Bridgewater three co-CIOs warn 'exceptional risks' to US assets

Bridgewater Associates' three Co-Chief Investment Officers said they see "exceptional risks" to U.S. assets under the Trump administration's rapid shift to modern

Bridgewater three co-CIOs warn 'exceptional risks' to US assets
Business|Economy|Finance|Stock Markets|Technology

Nvidia supplier SK Hynix logs bumper Q1, sees limited tariff impact on AI chips

SK Hynix, a key supplier of high-bandwidth memory processors to Nvidia, said quarterly profit more than doubled and demand for AI chips was so robust

Nvidia supplier SK Hynix logs bumper Q1, sees limited tariff impact on AI chips
Asia|Business|Economy|Political|US|World

What's on the table for US-South Korea trade talks?

When a South Korean delegation meets U.S. counterparts in Washington on Thursday for trade talks, they face a wide range of potential agenda items. U.S.

What's on the table for US-South Korea trade talks?
Asia|Business|Economy

Thai export growth at 3-year high in March, US tariffs a challenge

Thailand's export growth in March reached the highest level in three years and shipments should continue to grow in the current quarter, although steep U.S. tariffs remain a

Thai export growth at 3-year high in March, US tariffs a challenge
Asia|Business|Economy|Finance|World

Indonesia expects steady 5% growth in 2025 amid ongoing trade tensions

Indonesia's economic growth this year will likely stay around 5% despite trade tensions, its finance minister said on Thursday, stressing a

Indonesia expects steady 5% growth in 2025 amid ongoing trade tensions
Business|Economy|Environment|US|World

Trump emergency move aims to cut approval times for energy projects to 28 days

The Trump administration on Wednesday said it would implement an emergency permitting process for energy and mining projects on federal lands, slashing approval times that typically take

Trump emergency move aims to cut approval times for energy projects to 28 days
Economy|Political|US|World

Foreign aid agency Millennium Challenge Corporation to shut down as part of DOGE efforts

Foreign aid agency Millennium Challenge Corporation to shut down as part of DOGE efforts

Foreign aid agency Millennium Challenge Corporation to shut down as part of DOGE efforts
Economy|Health|Political|World

Aid funding cuts disrupt child vaccinations almost as much as pandemic, says UN

Global aid funding cuts, led by the United States, are disrupting efforts to vaccinate children

Aid funding cuts disrupt child vaccinations almost as much as pandemic, says UN
Africa|Business|Economy|Finance

South Africa abandons planned VAT hike after pushback

South Africa on Thursday scrapped plans to raise value-added tax after a political backlash that threatened the stability of the ruling coalition

South Africa abandons planned VAT hike after pushback
Business|Economy|World

Caught in the tariff net: U.S. trade war threatens Chinese fish town

In Maoming, a southern Chinese city where a giant tilapia statue watches over traffic at an intersection, the fish isn't just a budget

Caught in the tariff net: U.S. trade war threatens Chinese fish town
Business|Economy|Finance|US|World

US wants to sign economic partnership with Ukraine 'as soon as possible'

U.S.

US wants to sign economic partnership with Ukraine 'as soon as possible'
Business|Economy|Finance|Stock Markets|World

Malaysia will need to revise down growth forecast, central bank governor says

Malaysia will need to mark down its growth forecast of 4.5% to 5.5% for the year due to trade and tariff uncertainties, its central bank governor said. 

Malaysia will need to revise down growth forecast, central bank governor says
Business|Economy|Political|Technology|US

Dinner with the president: Trump meme coin surges on offer to top buyers

President Donald Trump's meme coin surged more than 60% on Wednesday after a post announcing "the most EXCLUSIVE INVITATION in the world" promised the top 220

Dinner with the president: Trump meme coin surges on offer to top buyers
Business|Economy|Europe|Finance|Stock Markets|World

UK shoppers took fright at Trump tariffs, British Retail Consortium says

British shoppers took fright at the global financial market turmoil unleashed by U.S.

UK shoppers took fright at Trump tariffs, British Retail Consortium says
Australia|Business|Economy|World

Australia's Albanese pledges to set up critical minerals strategic reserve

Australia's ruling centre-left Labor government on Thursday pledged an initial investment of A$1.2 billion ($763 million) to set up a strategic reserve of critical

Australia's Albanese pledges to set up critical minerals strategic reserve
Asia|Business|Economy

South Korea Q1 GDP unexpectedly contracts, reinforcing rate cut chances

South Korea's economy unexpectedly contracted in the first quarter as exports and consumption stalled amid fears over the impact of Washington's aggressive tariffs,

South Korea Q1 GDP unexpectedly contracts, reinforcing rate cut chances
Business|Economy|Political|US|World

DOGE shuttering Millennium Challenge Corp aid agency, staff told

Elon Musk's Department of Government Efficiency (DOGE) is ending the work of a U.S. aid agency launched by Republican former President George W.

DOGE shuttering Millennium Challenge Corp aid agency, staff told
Business|Economy|World

IMF expects BOJ to delay further rate hikes due to tariff uncertainty

The Bank of Japan is likely to push back the timing of further interest rate hikes as uncertainty triggered by U.S. tariffs has heightened downside risks to

IMF expects BOJ to delay further rate hikes due to tariff uncertainty
Economy|Political|World

Carney takes election campaign to British Columbia battleground

Canadian Prime Minister Mark Carney, riding high in polls, looked for support on Wednesday in British Columbia, one of a few

Carney takes election campaign to British Columbia battleground
Business|Economy|Political|US

Trump starts the clock for new tariffs to take effect

Trump starts the clock for new tariffs to take effect

Trump starts the clock for new tariffs to take effect
Business|Economy|Political|Technology

Elon Musk is going back to Tesla. But is the damage already done?

Elon Musk is going back to Tesla. But is the damage already done?

Elon Musk is going back to Tesla. But is the damage already done?
Business|Economy|Finance|Political|US

Trump goes after Federal Reserve’s Powell again

Trump goes after Federal Reserve’s Powell again

Trump goes after Federal Reserve’s Powell again
Business|Economy|Environment

Judge rules federal government owes nearly $28 million to North Dakota for pipeline protests

A federal judge has found the U.S. government liable to the state of North Dakota for nearly $28 million in the state's lawsuit for recouping money spent on policing the protest of the Dakota Access Pipeline

Judge rules federal government owes nearly $28 million to North Dakota for pipeline protests
Economy|Political|US|World

Days before Canada's election, Trump insists that Canada needs the US more than the US needs it

President Donald Trump says Canada would “cease to exist” if it weren’t for the United States

Days before Canada's election, Trump insists that Canada needs the US more than the US needs it
Business|Economy|US|World

Trump administration opens national security probe into imported commercial trucks

The U.S.

Trump administration opens national security probe into imported commercial trucks
Business|Economy|Finance|Stock Markets|Technology

Cantor teams up with Tether, Softbank for $3.6 billion crypto venture

Cantor Fitzgerald is launching a crypto venture with Tether and Japanese technology investor SoftBank Group to buy bitcoin, wagering that

Cantor teams up with Tether, Softbank for $3.6 billion crypto venture
Business|Economy|Finance|Stock Markets|World

New Zealand consumer confidence rose in April, remains pessimistic

Consumer confidence in New Zealand rose in April, shoring up the rising trend that was starting to look wobbly, ANZ-Roy Morgan data showed on Thursday.

New Zealand consumer confidence rose in April, remains pessimistic
Business|Economy|Finance|US

Trump says 25% tariff on cars made in Canada could go up

President Donald Trump on Wednesday said a 25 percent tariff imposed on cars imported from Canada to the United States could go up.

Trump says 25% tariff on cars made in Canada could go up
Business|Economy|Technology|US

Trump to exempt carmakers from some US tariffs, FT says

U.S.

Trump to exempt carmakers from some US tariffs, FT says
Business|Economy|Finance|World

Monetary policy main tool in turbulent times, says Turkey deputy central banker

Turkey's deputy central bank governor, Hatice Karahan, said on Wednesday that monetary policy tightness will be the main risk management tool to overcome the

Monetary policy main tool in turbulent times, says Turkey deputy central banker
Business|Economy|Finance|Stock Markets|US

Fed's Hammack sees more runway for Fed balance sheet cuts

By Michael S.

Fed's Hammack sees more runway for Fed balance sheet cuts
Economy|Environment|Political|US|World

FEMA losing roughly 20% of permanent staff, including longtime leaders, ahead of hurricane season

FEMA losing roughly 20% of permanent staff, including longtime leaders, ahead of hurricane season

FEMA losing roughly 20% of permanent staff, including longtime leaders, ahead of hurricane season
Economy|Political|US|World

The Latest: US stocks are leaping amid a worldwide rally

US stocks are leaping amid a worldwide rally after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and his Treasury Secretary Scott Bessent said he expects a “de-escalation” in what he called an unsustainable tariffs showdown against China

The Latest: US stocks are leaping amid a worldwide rally
Business|Economy|Political|Technology|US|World

Trump’s trade deals vexed by cautious countries, legal challenges and haphazard strategy

Trump’s trade deals vexed by cautious countries, legal challenges and haphazard strategy

Trump’s trade deals vexed by cautious countries, legal challenges and haphazard strategy
Asia|Business|Economy|Finance|Stock Markets

Las Vegas Sands beats quarterly profit estimates on strong Singapore business

Casino operator Las Vegas Sands surpassed analysts' expectations for first-quarter profit on Wednesday, as strong demand from its Singapore business offsets stalling market growth in Macao

Las Vegas Sands beats quarterly profit estimates on strong Singapore business
Business|Economy|Finance|Stock Markets|Technology

Chipmaker TI's rosy forecast soothes tariff worries, for now

Texas Instruments forecast second-quarter revenue above Wall Street estimates on Wednesday, betting on robust demand for its analog chips even as the threat of U.S.

Chipmaker TI's rosy forecast soothes tariff worries, for now
Business|Economy|Education|US|World

Trump pushes training for skilled trades that do not require college

President Donald Trump signed on Wednesday an order to improve job training for skilled trades, an initiative twinned with tariffs in his

Trump pushes training for skilled trades that do not require college
Business|Economy|Finance|Stock Markets

Argentina peso expected to hit lower band, says deputy central bank governor

Argentina's Deputy Central Bank Governor Vladimir Werning said on Wednesday he expected the peso currency to hit the lower end of its recently implemented

Argentina peso expected to hit lower band, says deputy central bank governor
Business|Economy|Stock Markets|Technology|US

Musk damaged Tesla's brand in just a few months. Fixing it will likely take longer

Elon Musk intends to focus more on his job as Tesla CEO, but it’s unclear if the billionaire will be able to solve a big problem of his own making: damage to its brand

Musk damaged Tesla's brand in just a few months. Fixing it will likely take longer
Business|Economy|Finance|Stock Markets|US

Trading Day: Wall Street extends rebound as trade war fears subside

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

Trading Day: Wall Street extends rebound as trade war fears subside
Economy|Political|World

Trump and Zelenskiy clash again and US warns it could abandon Ukraine talks

U.S.

Trump and Zelenskiy clash again and US warns it could abandon Ukraine talks
Business|Economy|Finance|Stock Markets|Technology

IBM says 15 contracts impacted by DOGE cost cuts, shares drop

International Business Machines said 15 of its government contracts were shelved under a cost-cutting drive by the Trump administration, a setback that eclipsed

IBM says 15 contracts impacted by DOGE cost cuts, shares drop
Business|Economy|Finance|Stock Markets|Travel

Southwest Airlines pulls its profit forecast for 2025 and 2026

Southwest Airlines pulled its profit outlook for 2025 and 2026 on Wednesday, citing the current macroeconomic uncertainty.

Southwest Airlines pulls its profit forecast for 2025 and 2026
Business|Economy|Finance|Stock Markets|Travel

Alaska Air pulls its 2025 outlook, sees weaker profit in second quarter

Alaska Air Group on Wednesday withdrew its full-year financial forecast, citing the prevailing macroeconomic uncertainty.

Alaska Air pulls its 2025 outlook, sees weaker profit in second quarter
Business|Economy|Political|Technology|US

Trump's cabinet ready to take back power with Musk stepping back, sources say

Members of President Donald Trump's cabinet will likely move to limit the influence of Department of Government Efficiency employees and

Trump's cabinet ready to take back power with Musk stepping back, sources say
Business|Economy|Political|Technology|World

US calls EU fines on Apple and Meta 'economic extortion'

The White House said on Wednesday that fines on Apple and Meta Platforms by the European Union were a "novel form of economic extortion" that

US calls EU fines on Apple and Meta 'economic extortion'
Business|Economy|Europe|Finance|World

Germany could suffer 'slight' recession this year, Bundesbank's Nagel says

The German economy could suffer "a slight recession" in 2025, Bundesbank President Joachim Nagel told Reuters on Wednesday, contracting for a third consecutive year

Germany could suffer 'slight' recession this year, Bundesbank's Nagel says
Business|Economy|Finance

Brazil central bank announces rollover of $18.4 billion in swaps maturing in June

Brazil's central bank said on Wednesday it would hold auctions starting on April 28 to roll over $18.4 billion in traditional currency swaps expiring on June 2.

Brazil central bank announces rollover of $18.4 billion in swaps maturing in June
Business|Economy|Political|World

Twelve states sue the Trump administration over ‘tax hikes’ through tariffs

Twelve states sue the Trump administration over ‘tax hikes’ through tariffs

Twelve states sue the Trump administration over ‘tax hikes’ through tariffs
Asia|Business|Economy|Finance|Stock Markets|US|World

Wall Street rises and markets rally worldwide as Trump softens his tough talk on tariffs and the Fed

U.S. stocks rose as a worldwide rally came back around to Wall Street

Wall Street rises and markets rally worldwide as Trump softens his tough talk on tariffs and the Fed
Business|Crime|Economy|Environment

Jury decides Norfolk Southern should pay for the $600 million settlement in 2023 Ohio derailment

The company that owned the railcar that caused the devastating East Palestine train derailment in 2023 won't have to help pay for the $600 million settlement Norfolk Southern agreed to with residents

Jury decides Norfolk Southern should pay for the $600 million settlement in 2023 Ohio derailment
Business|Economy|Finance

Global roundtable sees rising debt risks for low-income countries as uncertainty mounts

More work is needed to improve the sovereign debt restructuring process and help countries facing mounting debt service challenges, the chairs of a global debt

Global roundtable sees rising debt risks for low-income countries as uncertainty mounts
Business|Economy|Finance|Stock Markets|US

Bessent says China tariffs are not sustainable as US signals willingness to de-escalate

U.S.

Bessent says China tariffs are not sustainable as US signals willingness to de-escalate
Business|Economy|Environment

California governor seeks help for struggling oil refiners

California Governor Gavin Newsom has directed state officials to step up efforts to guarantee reliable fuel supplies for the nation's biggest auto market, prompting oil companies to blame

California governor seeks help for struggling oil refiners
Business|Economy|Finance|Stock Markets|US

Chipotle tempers annual sales forecast as dining-out takes a hit

Chipotle Mexican Grill on Wednesday tempered its annual comparable sales growth forecast as sticky inflation and economic uncertainty force consumers to dine out less, sending the burrito

Chipotle tempers annual sales forecast as dining-out takes a hit
Business|Economy|Political

Trump plans to exempt carmakers from some tariffs, FT reports

U.S. President Donald Trump is planning to spare carmakers from some tariffs, The Financial Times reported on Wednesday, citing two people with knowledge of the matter.

Trump plans to exempt carmakers from some tariffs, FT reports
Business|Economy|Finance|Stock Markets|World

Dollar allocations moving from overweight to more natural weighting, ECB's Lane says

The recent shifts in asset portfolio allocations away from the dollar may represent a move from overweighting dollar assets to a more natural weighting between dollars and other

Dollar allocations moving from overweight to more natural weighting, ECB's Lane says
Business|Economy|Technology|US

GM to increase production at Ohio transmission facility

General Motors is increasing production of transmissions at its Toledo, Ohio facility, shifting away from EV drive unit manufacturing toward parts for

GM to increase production at Ohio transmission facility
Business|Economy|Finance|Lifestyle|US

Pastor calls for 'full Target boycott' over concerns about diversity, equity, inclusion

The pastor of a Georgia megachurch who led a nationwide 40-day “fast” against Target stores is now calling for a “full Target boycott.”

Pastor calls for 'full Target boycott' over concerns about diversity, equity, inclusion
Business|Economy|Finance|US|World

Bessent says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China

Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain its global leadership role while staying true to the Trump administration’s skepticism of multilateral banking organizations

Bessent says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China
Business|Economy|Political|US

Trump was warned of empty shelves and financial turmoil from tariffs and firing Powell. His U-turn pushed stocks higher

Trump was warned of empty shelves and financial turmoil from tariffs and firing Powell. His U-turn pushed stocks higher

Trump was warned of empty shelves and financial turmoil from tariffs and firing Powell. His U-turn pushed stocks higher
Business|Economy|US|World

China, US seek to portray each other as bullies at UN

China and the United States accused each other of unfair trade practices at an informal United Nations Security Council meeting on Wednesday, seeking to

China, US seek to portray each other as bullies at UN
Business|Economy|Health|Stock Markets|US

Novavax shares soar after FDA request raises hope for COVID vaccine approval

Novavax said on Wednesday U.S. regulators asked the company to produce more data on its COVID-19 vaccine if it gets full approval, sending the drugmaker's shares soaring

Novavax shares soar after FDA request raises hope for COVID vaccine approval
Business|Economy|Finance|Stock Markets|World

BoE must take trade war risk to growth very seriously, Bailey says

The Bank of England is taking very seriously the risk to economic growth from the upheaval in global trade, Governor Andrew Bailey said on Wednesday, two weeks before the BoE's

BoE must take trade war risk to growth very seriously, Bailey says
Business|Economy|Finance|US|World

U.S. could dip into recession on trade war, French central banker says

The United States could dip into recession on the fallout from a global trade war but everyone will suffer, including the euro zone, even if to a lesser effect, French central bank chief

U.S. could dip into recession on trade war, French central banker says
Business|Economy|Finance|World

German finance minister says it is urgent to reduce tariffs uncertainty

Reducing uncertainty is urgent for economies and businesses, German Finance Minister Joerg Kukies said on Wednesday, talking about negotiations on trade tariffs with the United

German finance minister says it is urgent to reduce tariffs uncertainty
Business|Economy|Finance|US|World

IMF's Georgieva, World Bank's Banga need to earn Trump administration's trust, Bessent says

U.S.

IMF's Georgieva, World Bank's Banga need to earn Trump administration's trust, Bessent says
Business|Economy|Stock Markets|US|World

Stocks, dollar climb, gold sinks as US says China tariffs not sustainable

Major stock indexes rose, the dollar gained against the euro and other currencies while safe-haven gold dropped on Wednesday as the Trump administration

Stocks, dollar climb, gold sinks as US says China tariffs not sustainable
Business|Economy|Finance|US

EQT plans to spend less while producing more US natgas in 2025

U.S. energy company EQT, the country's second-biggest natural gas producer, plans to reduce capital spending but produce more energy in 2025, while rival Range Resources

EQT plans to spend less while producing more US natgas in 2025
Business|Economy|Political|Technology

IRS turmoil: Leadership churn, worker exodus and threats to groups' tax-exempt status roil agency

The height of tax season was the height of turmoil at the IRS

IRS turmoil: Leadership churn, worker exodus and threats to groups' tax-exempt status roil agency
Business|Economy|Education|Opinion

From Doing Business to B-READY: World Bank’s new rankings represent a rebrand, not a revamp

The World Bank has long sought to replace it’s annual index that fell to scandal in 2021. But a new replacement repeats some of the flaws.

From Doing Business to B-READY: World Bank’s new rankings represent a rebrand, not a revamp
Business|Economy|Finance|Stock Markets|World

World Bank adds Bayer, Hyatt and other CEOs to private sector initiative

The World Bank on Wednesday added four top executives, including Bayer AG CEO Bill Anderson and Hyatt Hotels CEO Mark Hoplamazian, to an initiative working to

World Bank adds Bayer, Hyatt and other CEOs to private sector initiative
Business|Economy|Finance|US|World

UK won't rush to reach trade deal with U.S., finance minister Reeves says

Britain's government is not in a rush to secure a trade deal with U.S.

UK won't rush to reach trade deal with U.S., finance minister Reeves says
Business|Economy|Environment|Political|Technology|World

Tesla exec cancels Rome conference trip over security concerns

A Tesla senior executive has cancelled her attendance at a conference in Rome over fears of protests surrounding the carmaker in response to CEO Elon Musk's right-wing activism.

Tesla exec cancels Rome conference trip over security concerns
Business|Crime|Economy|Technology|US

New Jersey sues RealPage, says collusion with landlords drives up rents

New Jersey sued the property management software company RealPage, accusing it and 10 of the state's largest landlords of conspiring to drive up residential rents,

New Jersey sues RealPage, says collusion with landlords drives up rents
Africa|Business|Economy|US|World

Rwanda says it in talks with US on possible minerals deal

Rwanda said on Wednesday it was in talks with the U.S. over a potential minerals deal, a development that follows similar ongoing talks between Washington and Rwanda's neighbour

Rwanda says it in talks with US on possible minerals deal
Business|Economy|Finance|Stock Markets|World

Oil falls 2% after sources say OPEC+ to mull accelerating output

Oil prices slipped 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but losses were curbed following a

Oil falls 2% after sources say OPEC+ to mull accelerating output
Americas|Business|Economy|US|World

Coffee tariff exemption request well received by US government, National Coffee Association boss says

An application by the United States' National Coffee Association (NCA) to get coffee exempted from tariffs imposed by U.S.

Coffee tariff exemption request well received by US government, National Coffee Association boss says
Asia|Business|Economy|Finance|US

US rules out setting currency targets in trade talks with Japan

The U.S. does not have specific currency targets in mind as part of bilateral trade talks with Japan, Treasury Secretary Scott Bessent said on

US rules out setting currency targets in trade talks with Japan
Business|Economy|US

Price hikes, a rush to buy autos, and uncertainty in wake of Trump tariffs -- Fed report

Prices are rising and economic activity has begun to slow across parts of the nation as businesses and households try to adapt to U.S.

Price hikes, a rush to buy autos, and uncertainty in wake of Trump tariffs -- Fed report
Business|Economy|Finance|Stock Markets|US

Wall Street ends higher on hopes of trade war de-escalation

Wall Street stocks advanced on Wednesday on revived hopes for progress in the U.S.-China trade dispute and as President Donald Trump soothed fears the Federal

Wall Street ends higher on hopes of trade war de-escalation
Business|Economy|Political|Technology|World

Boeing doesn't expect the US trade war with China to slow its recovery

Boeing CEO Kelly Ortberg says he doesn’t expect the U.S. trade war with China to get in the way of its its financial recovery and aircraft delivery targets even though Chinese airlines are refusing to accept the company’s planes

Boeing doesn't expect the US trade war with China to slow its recovery
Economy|Political|World

Rubio says Iran must give up nuclear enrichment in any deal with the US

Secretary of State Marco Rubio says Iran must give up all nuclear enrichment if it wants to make a deal during talks with the Trump administration and head off the threat of armed conflict

Rubio says Iran must give up nuclear enrichment in any deal with the US
Business|Economy|Political

Fact check: Trump lies about the price of eggs, groceries and gas

Fact check: Trump lies about the price of eggs, groceries and gas

Fact check: Trump lies about the price of eggs, groceries and gas
Business|Economy|Europe|Finance|Stock Markets

ECB's Knot sees inflation falling faster in near term

Inflation in the euro zone may fall faster than anticipated in the near term, dragged down by a stronger euro, cheaper fuel and a hit from the United States' tariffs

ECB's Knot sees inflation falling faster in near term
Business|Economy|Health|Technology|US

Thermo Fisher cuts 2025 profit forecast on tariff hit, research funding cuts

Medical equipment maker Thermo Fisher Scientific on Wednesday cut its annual profit forecast, in anticipation of a potential hit from the U.S. and China

Thermo Fisher cuts 2025 profit forecast on tariff hit, research funding cuts
Business|Economy|Technology|US|World

America’s biggest exporter was already on the ropes. Then came tariffs

America’s biggest exporter was already on the ropes. Then came tariffs

America’s biggest exporter was already on the ropes. Then came tariffs
Business|Economy|Finance|Stock Markets|US

Wall Street rallies as worries about tariff war, Powell tenure subside

The benchmark S&P 500 US stock Index rallied to a two-week high on Wednesday on hopes for a de-escalation in the U.S.-China trade war and as President Donald Trump scaled back his threats

Wall Street rallies as worries about tariff war, Powell tenure subside
Business|Economy|US

Weak oil prices, limited shale acreage to hit energy M&A in 2025, Enverus says

The U.S. upstream oil and gas M&A market is bracing for the most challenging conditions since the COVID-19 pandemic as oil prices slump and prime acreage dries

Weak oil prices, limited shale acreage to hit energy M&A in 2025, Enverus says
Business|Economy|Finance|Political|Stock Markets|US

Citadel's Griffin says Trump needs to be careful about Treasuries' brand

Citadel's founder and CEO Kenneth Griffin said on Wednesday that U.S.

Citadel's Griffin says Trump needs to be careful about Treasuries' brand
Business|Economy|Finance|Stock Markets|US

Fed at a policy, political crossroads poses global risks

Global central bankers who have come to view the U.S.

Fed at a policy, political crossroads poses global risks
Business|Economy|Europe|Finance|Stock Markets

Ray-Ban maker EssilorLuxottica confirms outlook, to raise US prices due to tariffs

Ray-Ban maker EssilorLuxottica on Wednesday confirmed its forecasts through 2026 but also said it was implementing measures including U.S. price

Ray-Ban maker EssilorLuxottica confirms outlook, to raise US prices due to tariffs
Business|Economy|Europe|Finance|US

ECB's Lagarde: U.S. tariffs could have a disinflationary impact in Europe

European Central Bank President Christine Lagarde said on Wednesday U.S. tariffs could have a disinflationary impact in Europe if there are no European countermeasures but they prompt China

ECB's Lagarde: U.S. tariffs could have a disinflationary impact in Europe
Business|Economy|Finance|US|World

US, China tariffs both need to fall for trade talks to start, Bessent says

U.S.

US, China tariffs both need to fall for trade talks to start, Bessent says
Business|Economy|Environment|Political|US

US Supreme Court poised to revive challenge to California emissions standards

U.S.

US Supreme Court poised to revive challenge to California emissions standards
Business|Economy|Fashion and Beauty|Finance|Stock Markets

Adidas posts forecast-beating quarterly profit on strong sneaker demand

German sportswear and apparel maker Adidas on Wednesday reported first-quarter sales and profit above expectations, citing growth across all its markets and channels.

Adidas posts forecast-beating quarterly profit on strong sneaker demand
Business|Economy|US|World

Tariff turmoil: How Tesla and other companies are dealing with the trade war's uncertainty

Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest results and try to give investors financial forecasts

Tariff turmoil: How Tesla and other companies are dealing with the trade war's uncertainty
Business|Economy|Europe|Travel|World

Economic worries could weigh on airline results as European bookings drop

European airlines are set to report first-quarter results in the coming weeks, offering outlooks for the lucrative travel season amidst growing worries that

Economic worries could weigh on airline results as European bookings drop
Economy|Health|Political|World

US-China fentanyl talks hang by thread amid trade war

Talks continue between the U.S. and China on tackling the fentanyl epidemic amid the bitter trade war between the world’s two largest economies, four U.S.

US-China fentanyl talks hang by thread amid trade war
Business|Economy|Finance|Stock Markets|US

Marlboro maker Philip Morris lifts profit forecast on ZYN demand

Philip Morris International hiked its annual profit forecast on Wednesday, delivering early on investor hopes for outlook raises throughout 2025, thanks to the performance of newer products

Marlboro maker Philip Morris lifts profit forecast on ZYN demand
Business|Economy|Finance|Stock Markets|Technology

General Dynamics beats results estimates on sustained defense demand, aerospace recovery

General Dynamics reported a 27% rise in first-quarter profit on Wednesday, driven by recovery in its aerospace segment as well as sustained strength in

General Dynamics beats results estimates on sustained defense demand, aerospace recovery
Business|Economy|Finance|Political|World

Russia needs to boost fiscal reserves amid global uncertainty, Finance Minister says

Russia needs to boost its fiscal reserves in the face of global turbulence to ensure at least a three-year coverage of budget spending if

Russia needs to boost fiscal reserves amid global uncertainty, Finance Minister says
Business|Economy|US|World

Global trade war hits UK business sentiment, growth outlook: Reuters poll

Global trade tensions sparked by U.S.

Global trade war hits UK business sentiment, growth outlook: Reuters poll
Business|Economy|World

Brazilian airline Voepass files for bankrupcty, blames LATAM for financial woes

Brazil's Voepass, a privately held airline, filed for bankruptcy protection late on Tuesday according to court documents, citing the actions of Chile-based

Brazilian airline Voepass files for bankrupcty, blames LATAM for financial woes
Business|Economy|US|World

Vietnam starts trade talks with US as immense 46% tariffs loom, state media reports

Vietnam's trade minister spoke to U.S.

Vietnam starts trade talks with US as immense 46% tariffs loom, state media reports
Business|Economy|Finance|Stock Markets|US

Tariffs restrain US business activity, boost asking prices for products

U.S. business activity slowed to a 16-month low in April while prices charged for goods and services soared amid uncertainty caused by tariffs, reinforcing

Tariffs restrain US business activity, boost asking prices for products
Business|Economy|Sports|Technology

Rogers Communications adds lower-than-expected subscriptions amid immigration changes

Rogers Communications posted lower-than-expected quarterly subscriber additions on Wednesday, as the Canadian wireless giant grapples with strict immigration practices.

Rogers Communications adds lower-than-expected subscriptions amid immigration changes
Business|Economy|Europe|Finance|US|World

EU's Dombrovskis says EU prefers negotiated solution on trade with US

The European Union would prefer to reach a negotiated solution with the United States over trade but will respond with countermeasures if discussions do not lead

EU's Dombrovskis says EU prefers negotiated solution on trade with US
Business|Economy|Finance|Stock Markets|US

US new home sales jump in March; supply still rising

Sales of new U.S. single-family homes increased more than expected in March as buyers rushed to take advantage of a decline in mortgage rates, but a gloomy economic outlook poses

US new home sales jump in March; supply still rising
Business|Economy|World

Tankers chartered by Chevron to move Venezuelan crude seek other business

Some tankers Chevron had chartered to move crude from Venezuela to the U.S. this month are now being marketed for spot contracts elsewhere, sources said, after

Tankers chartered by Chevron to move Venezuelan crude seek other business
Business|Economy|Finance|Stock Markets|US

US crude stockpiles post surprise build as imports jump, EIA says

U.S. crude oil stockpiles rose unexpectedly last week as imports jumped, while both gasoline and distillate inventories fell more than expected, the Energy

US crude stockpiles post surprise build as imports jump, EIA says
Business|Economy|Europe|Finance|Stock Markets

European shares at near three-week highs as U.S.-China trade tiff appears to ease

European shares climbed to a near three-week high on Wednesday, boosted by strong earnings from Europe's largest software maker SAP, while

European shares at near three-week highs as U.S.-China trade tiff appears to ease
Business|Economy|Europe|Political|Technology|World

Apple, Meta fined as EU presses ahead with tech probes

Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the

Apple, Meta fined as EU presses ahead with tech probes
Business|Economy|Political|World

China backs Iran's nuclear talks with US, opposes 'illegal' sanctions

China supports Iran holding talks on its nuclear program with the United States and opposes the use of force and "illegal" unilateral sanctions to try to resolve the issue, Chinese

China backs Iran's nuclear talks with US, opposes 'illegal' sanctions
Business|Economy|Environment|Technology

NextEra beats profit estimates as power company skirts trade risk

NextEra Energy beat Wall Street estimates on Wednesday on rising electricity demand as the giant U.S. power provider works to maneuver around intensifying

NextEra beats profit estimates as power company skirts trade risk
Business|Economy|Education|Health

Trump cuts threaten free vaccine program for kids amid measles outbreak

By Dan Levine, Chad Terhune -Dr. Ali Sherif normally gives about 50 doses of the measles vaccine to children each month at his clinic in Hobbs, New Mexico, near the Texas state line.

Trump cuts threaten free vaccine program for kids amid measles outbreak
Business|Economy|Europe|Technology|World

Meta, Apple fined 700 million euros for violating EU antitrust rules

European Union regulators on Wednesday imposed fines on Apple and Meta totalling 700 million euros ($877 million) for violating new antitrust rules, the first sanctions under

Meta, Apple fined 700 million euros for violating EU antitrust rules
Business|Economy|Technology

Boeing tackles US-China trade threat, shares rise on smaller-than-expected loss

Boeing's CEO pledged on Wednesday to protect the U.S. planemaker's recovery from the effects of a U.S.-China trade war, after

Boeing tackles US-China trade threat, shares rise on smaller-than-expected loss
Business|Economy|Europe|Political|Technology|US

Google, X next targets as Europe stays tough on tech regulation

Alphabet's Google and Elon Musk's X may be the next to face fines from European regulators, as they stay tough on Big Tech despite concerns of retaliatory U.S.

Google, X next targets as Europe stays tough on tech regulation
Business|Economy|Environment|Health|Political

As Trump's EPA ends 'environmental justice,' minority communities may pay a price

From her home on Louisiana's "Cancer Alley," Lydia Gerard looks down at her 8-month-old great-granddaughter and wonders if she will one

As Trump's EPA ends 'environmental justice,' minority communities may pay a price
Business|Economy|Finance|Stock Markets|US

Baker Hughes forecasts drop in producer spending as tariffs pinch demand

U.S. oilfield service provider Baker Hughes on Wednesday forecast steeper drops in spending by global oil producers as tariffs dent demand

Baker Hughes forecasts drop in producer spending as tariffs pinch demand
Business|Economy|Finance|Stock Markets|World

OPEC+ to consider another accelerated oil output increase for June

Several OPEC+ members will suggest the group accelerates oil output hikes in June for a second consecutive month, three sources

OPEC+ to consider another accelerated oil output increase for June
Business|Economy|Finance|Stock Markets|US

Norfolk Southern reaffirms annual forecast, tops first-quarter revenue estimates

U.S. railroad operator Norfolk Southern reaffirmed its annual forecast after topping first-quarter revenue estimates on Wednesday, on the back of increased volume in

Norfolk Southern reaffirms annual forecast, tops first-quarter revenue estimates
Economy|Finance|MidEast|World

Lebanon receives preliminary approval to increase World Bank loan to $400 million

Lebanon has received preliminary approval to increase the value of a World Bank reconstruction loan to $400 million from $250 million, Finance Minister Yassine Jaber said in a

Lebanon receives preliminary approval to increase World Bank loan to $400 million
Americas|Business|Economy|World

World Bank cuts Latin American and Caribbean growth view, highlights uncertainties

The World Bank on Wednesday cut its 2025 economic growth forecast for Latin America and the Caribbean to 2.1% from its January forecast of 2.5%, saying regional economies must adapt to

World Bank cuts Latin American and Caribbean growth view, highlights uncertainties
Americas|Business|Economy|World

Chile's Boric rules out responding to trade tensions with retaliation

Chilean President Gabriel Boric said on Wednesday that the Andean American country will not respond to global trade tensions with "loud" declarations or retaliation, but rather

Chile's Boric rules out responding to trade tensions with retaliation
Business|Economy|Europe|Health|World

Sweden to allow microbreweries to sell beer to visitors after a 'lecture'

Sweden will allow its microbreweries, vineyards and distilleries to sell their drinks on-site to visitors, in a relaxation of strict rules on alcohol sales that aim to protect

Sweden to allow microbreweries to sell beer to visitors after a 'lecture'
Business|Economy|Education|Environment

Officials urge patience as storm recovery slows recycling

Officials urge patience as storm recovery slows recycling

Officials urge patience as storm recovery slows recycling
Business|Economy|Finance|Stock Markets|US

White House would consider cutting China tariffs as part of talks, source says

The Trump administration would look at lowering tariffs on imported Chinese goods pending talks with Beijing, a source familiar with the matter said on

White House would consider cutting China tariffs as part of talks, source says
Business|Economy|Political|US|World

China says US should stop threats, coercion if it wants an agreement

The U.S. should stop making threats and resorting to coercion if it wants to make a deal, the Chinese foreign ministry said on Wednesday when asked about U.S.

China says US should stop threats, coercion if it wants an agreement
Business|Economy|Europe|Finance

Germany's private sector slips back into contraction in April, PMI shows

Business activity in Germany's private sector has contracted this month, hurt by service sector woes and trade-related uncertainty, although manufacturers are showing some resilience

Germany's private sector slips back into contraction in April, PMI shows
Asia|Business|Economy|Political|World

China's President Xi says tariffs and trade wars hurt world economic order

Chinese President Xi Jinping said on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all countries, hurt the multilateral trading system and

China's President Xi says tariffs and trade wars hurt world economic order
Business|Economy|Finance|Stock Markets|World

Singapore's PSA weighs selling 20% stake in CK Hutchison's ports business, sources say

Singapore's PSA International is exploring the sale of its 20% stake in CK Hutchison's ports business, two people with knowledge of the matter said, joining the

Singapore's PSA weighs selling 20% stake in CK Hutchison's ports business, sources say
Business|Economy|Europe

UK company activity weakens by most in more than 2 years as US trade war rages, PMI shows

British companies buckled in April under the strain of an escalating global trade war that threatens to tip the economy into a new downturn, a survey showed on Wednesday.

UK company activity weakens by most in more than 2 years as US trade war rages, PMI shows
Asia|Business|Economy|Europe|Technology|World

China's Jetour to launch European car sales in third quarter

Chinese sport-utility vehicle maker Jetour plans to launch in some European markets in the third quarter and aims to sell cars across much of the continent by 2027,

China's Jetour to launch European car sales in third quarter
Economy|Political|World

Iran says new US energy sanctions show 'lack of goodwill' in Iran-US talks

New U.S. sanctions against Iran's energy sector point to Washington's "lack of goodwill and seriousness" over dialogue with Tehran, Iran's Foreign Ministry spokesperson said on

Iran says new US energy sanctions show 'lack of goodwill' in Iran-US talks
Asia|Business|Economy|Technology|World

Volkswagen will go through 'right-size' process in China, CEO says

German carmaker Volkswagen will need to go through a 'right-sizing' process in China, its group CEO said on Wednesday, as competition intensifies in the world's biggest auto market

Volkswagen will go through 'right-size' process in China, CEO says
Asia|Business|Economy

Nissan to spend $1.4 billion in China, ditching 'slow' response to fast market

Nissan Motor will invest an additional $1.4 billion in China, where it believes it is on track to reverse a punishing slide in sales with the launch of some 10

Nissan to spend $1.4 billion in China, ditching 'slow' response to fast market
Business|Economy|Finance|Stock Markets|World

Indonesia central bank holds policy rates to keep rupiah stable

Indonesia's central bank held policy rates steady for a third consecutive review on Wednesday, as expected, aiming to maintain rupiah exchange

Indonesia central bank holds policy rates to keep rupiah stable
Business|Economy|Finance|Stock Markets|US

Norfolk Southern's derailment insurance payments provide boost but even without that profits were up

Norfolk Southern’s first quarter profits got another boost from insurance payments related to its disastrous 2023 derailment in eastern Ohio

Norfolk Southern's derailment insurance payments provide boost but even without that profits were up
Business|Crime|Economy|Political|World

Kashmir killings shatter Modi's tourism success in troubled region

By Fayaz Bukhari and Krishna N.

Kashmir killings shatter Modi's tourism success in troubled region
Business|Economy|Europe|Finance|World

ECB expects wage growth to ease considerably this year

Wage growth in the euro zone is expected to ease considerably this year, according to data from the European Central Bank released on Wednesday.

ECB expects wage growth to ease considerably this year
Africa|Business|Economy|Finance|Stock Markets

South African inflation falls to five-year low in March as fuel, education costs ease

South Africa's annual inflation rate fell for the first time in five months in March to its lowest level since June 2020, due to a drop in

South African inflation falls to five-year low in March as fuel, education costs ease
Business|Economy|Finance|Stock Markets|World

China says plan to boost cross-border financial services will boost yuan usage amid trade tensions

China's plan to facilitate cross-border financial services will help promote greater international usage of the yuan, a senior central bank official said on Wednesday, at a time

China says plan to boost cross-border financial services will boost yuan usage amid trade tensions
Business|Economy|Europe

Tariff turmoil casts pall over European banks' 2025 earnings power

With international trade ties in tatters and confidence in the global economy plumbing fresh depths, Europe's leading banks are confronting a

Tariff turmoil casts pall over European banks' 2025 earnings power
Business|Economy|Political

Americans sour on Trump's handling of the economy, Reuters/Ipsos poll finds

Americans elected President Donald Trump in hopes that he would fight inflation and boost the U.S. economy, but as he approaches his 100th day in office they are

Americans sour on Trump's handling of the economy, Reuters/Ipsos poll finds
Business|Economy|Europe|Finance|World

European business growth stalls in April, PMIs show

European business growth has stalled this month, surveys showed on Wednesday, with erratic U.S. trade policy appearing to take a heavy toll on sentiment - though

European business growth stalls in April, PMIs show
Business|Economy|Environment|Technology|World

Benchmark Minerals and ICE team up for battery material futures

Prices of battery materials lithium and cobalt assessed by consultancy Benchmark Minerals Intelligence (BMI) will be used for contracts launched by Intercontinental

Benchmark Minerals and ICE team up for battery material futures
Business|Economy|Environment|Political

Trump threat vaults energy policy to center stage in Canada election

An unusual consensus around energy policy has emerged in the campaign ahead of Canada's April 28 election, with the two main candidates both promising to fast

Trump threat vaults energy policy to center stage in Canada election
Business|Economy|Finance|Stock Markets|US

P&G's earnings forecast in spotlight as uncertainty plagues consumer spending

Procter & Gamble's annual targets will be in focus when the consumer goods bellwether reports third-quarter results on Thursday, with some analysts expecting a forecast

P&G's earnings forecast in spotlight as uncertainty plagues consumer spending
Business|Economy|Finance|Stock Markets|US

A brighter day?

What matters in U.S. and global markets today. A look at the day ahead in U.S. and global markets by Dhara Ranasinghe, Editor, Financial Markets EMEA. 

A brighter day?
Business|Economy|Finance|MidEast|World

IMF appoints first mission chief to Syria in 14 years

The International Monetary Fund has appointed Ron van Rooden as head of its mission to Syria, Syria's Finance Minister Mohammed Yosr Bernieh said in a written statement, making him

IMF appoints first mission chief to Syria in 14 years
Business|Economy|Technology|US

AI boom under threat from tariffs, global economic turmoil

Corporate America's artificial intelligence investment frenzy has shrugged off fears of slow returns and doubts fueled by AI models built cheaply by China's DeepSeek.

AI boom under threat from tariffs, global economic turmoil
Business|Economy|World

World Bank cuts India's growth forecast amid global uncertainties

The World Bank cut its economic growth forecast for India on Wednesday, citing increased uncertainty in the global economy that will dim prospects for most South Asian nations.

World Bank cuts India's growth forecast amid global uncertainties
Asia|Business|Economy|Finance|Stock Markets

Japan lawmakers urge pension fund to invest in domestic private equity

A group of Japan's ruling party lawmakers on Wednesday called on the country's top public pension fund GPIF to expand investment in domestic private equity and

Japan lawmakers urge pension fund to invest in domestic private equity
Americas|Asia|Business|Economy|US|World

Hapag-Lloyd says 30% of China's US bound shipments have been cancelled

Hapag-Lloyd customers have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world's two largest

Hapag-Lloyd says 30% of China's US bound shipments have been cancelled
Business|Economy|Europe|US|World

The economic damage from Trump’s tariffs is piling up

The economic damage from Trump’s tariffs is piling up

The economic damage from Trump’s tariffs is piling up
Business|Economy|Europe

Minority shareholder in talks with Czech tycoon Kretinsky to take over Prisa, El Economista says

Global Alconaba, a minority shareholder in Spanish media group Prisa, is in talks with Czech tycoon Daniel Kretinsky to make a tender offer on its shares, newspaper El Economista

Minority shareholder in talks with Czech tycoon Kretinsky to take over Prisa, El Economista says
Business|Economy|Europe|US|World

EU exports to US surge by 22.4% in February

European Union exports to the United States increased by 22.4% in February compared to the previous year, Eurostat data showed on Wednesday, marking the highest exports growth rate in 13

EU exports to US surge by 22.4% in February
Business|Economy|Political|World

Putin's central banker Nabiullina will serve until 2027 despite attacks, sources say

Russian central bank chief Elvira Nabiullina is safe in her job for two more years with President Vladimir Putin's personal support but the

Putin's central banker Nabiullina will serve until 2027 despite attacks, sources say
Business|Economy|US|World

Lindt holds back on Canada supply shift, boosts local stocks

Swiss chocolate maker Lindt & Spruengli said it is still working out how to deal with the escalating trade war launched by U.S.

Lindt holds back on Canada supply shift, boosts local stocks
Asia|Business|Economy|Finance|World

Thailand may need $15 billion of stimulus to cope with US tariffs, minister says

Thailand may need at least 500 billion baht ($15 billion) for economic stimulus measures to address the impact of U.S. tariffs, its finance minister said on Wednesday.

Thailand may need $15 billion of stimulus to cope with US tariffs, minister says
Africa|Business|Economy|Finance|Stock Markets|World

Vedanta weighs US listing to raise $1 billion for Zambian copper assets

Vedanta Resources, is considering a U.S. public listing for its Zambian unit Konkola Copper Mines as one of its options to try to raise about $1 billion for mine

Vedanta weighs US listing to raise $1 billion for Zambian copper assets
Business|Economy|Finance|Stock Markets|World

India's interest rate setters back growth-supportive monetary policy

Inflation in India is expected to stay near target this fiscal year, providing space to support growth through further monetary easing, members of the

India's interest rate setters back growth-supportive monetary policy
Business|Economy|Finance|Stock Markets|US

CME chief flags 'unprecedented' conditions after tariff turbulence spurs business

CME Group chief Terry Duffy said on Wednesday the last six to eight weeks were "some of the most unprecedented times that we have seen", emphasizing the degree to which U.S

CME chief flags 'unprecedented' conditions after tariff turbulence spurs business
Business|Economy|Technology|Travel|World

Flyadeal confirms Airbus jet order for long-haul expansion

Saudi budget carrier flyadeal on Wednesday confirmed a deal to order 10 Airbus A330neo wide-body passenger jets as it expands into fast-growing long-haul markets in Southeast

Flyadeal confirms Airbus jet order for long-haul expansion
Asia|Business|Economy|World

Indonesia's Q1 FDI up 12.7% y/y to nearly $14 billion, minister says

Indonesia's foreign direct investment in the first three months of 2025 reached 230.4 trillion rupiah ($13.67 billion), up around 12.7% year-on-year in rupiah terms, investment

Indonesia's Q1 FDI up 12.7% y/y to nearly $14 billion, minister says
Asia|Business|Economy|Environment|World

Textile giant Bangladesh pushed to recycle more waste

By Md.

Textile giant Bangladesh pushed to recycle more waste
Business|Economy|Finance|US|World

IMF says tariff pressures to push global public debt past pandemic levels

Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% of global GDP by the end of the decade as

IMF says tariff pressures to push global public debt past pandemic levels
Business|Economy|Education|Technology

Tariffs may mean more US steel jobs. Will there be workers to fill them?

Thomas Reisinger commutes almost an hour-and-a-half each way for a job in a cavernous steel processing plant here. "I don't speed," he said dryly.

Tariffs may mean more US steel jobs. Will there be workers to fill them?
Business|Economy|Finance|Stock Markets|US

US oil refiners' Q1 profits likely fell despite stronger margins

Investors are expecting top U.S. refiners to report quarterly losses, even as their margins improve, as they brace for the ripple effect from U.S.

US oil refiners' Q1 profits likely fell despite stronger margins
Business|Economy|Stock Markets|Technology

GE Vernova's quarterly revenue beats on strength in power, electrification units

GE Vernova reported first-quarter revenue that beat analysts' estimates on the back of strength in its power and electrification units, sending the company's shares up

GE Vernova's quarterly revenue beats on strength in power, electrification units
Business|Economy|Environment|Political|US

US House to vote on Republican bid to repeal California EV rules

The U.S.

US House to vote on Republican bid to repeal California EV rules
Business|Economy|Europe|Technology

The European Union hits Apple and Meta with 700 million euros in fines, first under digital rules

European Union watchdogs fined Apple and Meta hundreds of millions of euros as they stepped up enforcement of the 27-nation bloc’s digital competition rules

The European Union hits Apple and Meta with 700 million euros in fines, first under digital rules
Business|Economy|Finance|Stock Markets|US

Dollar rebounds as White House seeks to ease tensions over Fed, China trade

The U.S. dollar staged a rebound against its major peers on Wednesday on hopes of de-escalating trade tensions and as President Donald Trump backed away from threats to fire

Dollar rebounds as White House seeks to ease tensions over Fed, China trade
Business|Economy|Finance|US|World

US tariffs could shave up to half a percentage point off India GDP, says finance secretary

The direct hit from tariffs introduced by Donald Trump's administration on India could shave off between 0.2-0.5 percentage points from GDP growth, the country's Finance

US tariffs could shave up to half a percentage point off India GDP, says finance secretary
Business|Economy|Finance|US|World

US Treasury's Bessent urges IMF, World Bank to refocus on core missions

U.S.

US Treasury's Bessent urges IMF, World Bank to refocus on core missions
Business|Economy|Education

Federal student loan borrowers in default, CNN wants to hear from you

Federal student loan borrowers in default, CNN wants to hear from you

Federal student loan borrowers in default, CNN wants to hear from you
Economy|Environment|Health|Lifestyle

New animal ordinances help combat stray population

New animal ordinances help combat stray population

New animal ordinances help combat stray population
Business|Economy|Health|Science|Technology|World

Trump administration pauses new mine safety regulation − here’s how those rules benefit companies as well as workers

The democratic process of scientific study, public debate and comment helps regulators arrive at a rule that balances the needs and interests of workers, companies and the public.

Trump administration pauses new mine safety regulation − here’s how those rules benefit companies as well as workers
Business|Economy|Europe|Technology|World

EU whacks Apple and Meta with $800 million in antitrust fines. Meta calls its penalty a ‘tariff’

EU whacks Apple and Meta with $800 million in antitrust fines. Meta calls its penalty a ‘tariff’

EU whacks Apple and Meta with $800 million in antitrust fines. Meta calls its penalty a ‘tariff’
Business|Economy|Education|Health|Political|Science|Technology|World

Harvard’s fight with the Trump administration is just getting started. The cost is already high

Harvard’s fight with the Trump administration is just getting started. The cost is already high

Harvard’s fight with the Trump administration is just getting started. The cost is already high
Business|Economy|Europe|Health|US

European pharma companies push for higher drug prices in EU amid U.S. tariff threats

European drugmakers are urging the EU to allow higher medicine prices, warning that without stronger investment incentives, the bloc would fall further behind the U.S., where

European pharma companies push for higher drug prices in EU amid U.S. tariff threats
Business|Economy|Finance|Stock Markets|Technology

Japan's Fanuc says it cannot provide FY2025/26 forecasts due to tariff uncertainties

Japanese robotics company Fanuc Corp said on Wednesday it was not able to report its forecasts for the current fiscal year ending in March 2026 due to "numerous uncertain factors"

Japan's Fanuc says it cannot provide FY2025/26 forecasts due to tariff uncertainties
Business|Economy|Technology|World

Tesla says India's 100% car tariffs make customers anxious

Tesla sees India's 100% import tariffs on cars making customers anxious, and the carmaker is still assessing when to enter the "very hot" market

Tesla says India's 100% car tariffs make customers anxious
Asia|Business|Economy|Technology

Chinese e-commerce platforms to end refund-without-returns amid weak economy, sources say

Chinese authorities have asked e-commerce platform operators to stop insisting on merchants refunding customers without requiring the return of goods, to alleviate

Chinese e-commerce platforms to end refund-without-returns amid weak economy, sources say
Business|Economy|US|World

Trump says China tariffs will ‘come down substantially,’ hinting at potential U-turn

Trump says China tariffs will ‘come down substantially,’ hinting at potential U-turn

Trump says China tariffs will ‘come down substantially,’ hinting at potential U-turn
Asia|Business|Economy|Finance|Stock Markets

India April business growth hits 8-month high as export orders surge, PMI shows

India's private sector growth rose to an eight-month high in April fueled by robust demand, particularly a surge in foreign orders for manufactured goods,

India April business growth hits 8-month high as export orders surge, PMI shows
Business|Economy|Europe|US|World

Switzerland flexes financial muscle ahead of tariff date in Washington

Top Swiss officials will this week test whether big commitments to the U.S. can help secure relief from import tariffs, after pharma giant Roche followed its cross-

Switzerland flexes financial muscle ahead of tariff date in Washington
Asia|Business|Economy|Technology|World

Trade war, safety concerns take centre stage at Shanghai auto show

China's annual auto shows have become the world's premier showcase for the rise of ever-cheaper, high-tech electric vehicles

Trade war, safety concerns take centre stage at Shanghai auto show
Business|Economy|Environment|Europe|Technology

Swiss solar panel maker Meyer Burger cuts workers' hours at German site

Swiss solar panel maker Meyer Burger will cut hours for some 300 employees at its plant in Germany starting on May 1 due to temporary material bottlenecks, it said on Wednesday.

Swiss solar panel maker Meyer Burger cuts workers' hours at German site