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

Economy

Business|Economy|Finance|Stock Markets|US

US bond funds attract first weekly inflow in six weeks

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

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

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

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

War-hit Congo park turns to chocolate gorillas in conservation push
Business|Economy|Political|World

Japan is a test case for Trump's tariff deals. But talks may be tortuous

When Tokyo's top trade negotiator met U.S.

Japan is a test case for Trump's tariff deals. But talks may be tortuous
Business|Economy|Finance|Stock Markets

Shareholders approve Carrefour bid to take Brazil unit private

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

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

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

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

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

AbbVie lifts profit forecast, downplays tariff threat

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

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

US universities help foreign students weather Trump purge

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

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

Amgen to expand Ohio biotech manufacturing plant

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

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

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

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

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

New US SEC chair says crypto sector deserves clear regulations

The new head of the U.S.

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

Latam, Caribbean slow growth has downside risks, says IMF

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

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

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

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

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

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

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

New Syrian foreign minister attends UN Security Council in first US appearance since Assad's fall
Asia|Crime|Economy|Political|World

Relations between India and Pakistan spiral after Kashmir terror attack

The Resistance Front, a militant group, claimed responsibility for the Kashmir terror attack. The Asia-Pacific Foundation’s Sajjan Gohel explains TRF's ties to a larger banned group and the impact of India’s retaliatory measures on Pakistan’s economy and food security.

Relations between India and Pakistan spiral after Kashmir terror attack
Business|Economy

US shale patch slows down as oil prices sink

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Chemical maker LyondellBasell misses quarterly profit estimates on weak volumes

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

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

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

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

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

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

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

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

Northern Mexico farmers fight drought amid water dispute with the US

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

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

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

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

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

Swiss National Bank chairman rebuffs bitcoin as reserve asset

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

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

USTR holds productive meeting with South Korea, statement says

U.S.

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

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

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

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

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

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

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

HCA Healthcare beats profit estimates on strong demand for medical care

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

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

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

U.S.

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

Russia keeps key rate on hold, braces for global turbulence

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

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

Safran says China to exempt jet engines and parts from tariffs

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

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

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

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

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

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

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

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

US consumer sentiment remains weak in April on tariffs concerns

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

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

Vehicle carriers seek relief from broad US port fees

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Bank of England policymaker Megan Greene said U.S.

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

Social Security may lose thousands more staff under new Trump rule

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

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

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

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

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

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

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

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

Belgian airports cancel flights on Tuesday as strike looms

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

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

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

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

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

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

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

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

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

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

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

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

Why not tax the millionaires

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

Shein and Temu just started raising prices ahead of new tariffs

Shein and Temu just started raising prices ahead of new tariffs

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

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

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

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

Consumer sentiment plunges 8%

Consumer sentiment plunges 8%

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Some European companies wary of expanding in US amid tariff chaos

U.S.

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

China exempts some goods from US tariffs

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

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

Nissan's shares rise after restructuring loss heralds turnaround

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

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

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

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

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

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

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

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

Unexpected UK retail sales jump boosts economy as storm gathers

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

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

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

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

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

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

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

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

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

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

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

Major offshore wind developer has stopped activities in United States

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

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

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

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

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

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

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

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

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

U.S.

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

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

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

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

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

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

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

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

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

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

Japan compiles emergency economic package to ease tariff pain

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

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

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

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

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

Focus on earnings while US and China quibble

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

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

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

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

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

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

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

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

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

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

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

Trump orders Justice Department to investigate Democrats' top fundraising platform

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

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

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

Republicans in the U.S.

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

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

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

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

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

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

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

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

By Max A.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Treasury secretary: China needs to change

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

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

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

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

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

US aims to boost offshore oil drilling by easing pressure rules

The U.S.

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

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

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

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

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

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

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

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

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

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

Hartford profit falls as California wildfire losses climb

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

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

Trump signs executive order boosting deep-sea mining industry

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

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

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

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

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

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

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

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

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

Four Republican states have asked the U.S.

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

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

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

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

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

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

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

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

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

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

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

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

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

US bank regulators pull back guardrails on bank crypto activities

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The U.S.

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

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

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

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

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

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

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

Stocks jump with tech shares; dollar dips after recent gains

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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