U.S. World Business Lifestyle
Today: June 03, 2026
Today: June 03, 2026

Economy

Business|Economy|Finance|Stock Markets|US|World

US construction spending beats expectations in April

U.S. construction spending increased more than expected in April, boosted by single-family homebuilding, though rising mortgage rates amid the war with Iran continued to

US construction spending beats expectations in April
Business|Economy|Science|Technology

Nvidia launches new chip to bring AI directly to personal computers

By Max A.

Nvidia launches new chip to bring AI directly to personal computers
Economy|Environment|Political|World

Iran eyes limited US deal to relieve economic strain and buy time

Iran is pushing for a limited interim agreement with the United States in a bid to ease mounting economic pressure and stabilise the situation at home, while

Iran eyes limited US deal to relieve economic strain and buy time
Business|Economy|Finance|Stock Markets|US

Berkshire Hathaway to buy Taylor Morrison for $6.8 billion in cash to expand in housing

Berkshire Hathaway agreed to buy Taylor Morrison Home Corp for $6.8 billion in cash, expanding the conglomerate's housing business in Greg

Berkshire Hathaway to buy Taylor Morrison for $6.8 billion in cash to expand in housing
Business|Economy|Education

Young and unemployed? Remote work, not AI, may be the problem, study finds

The rise of remote work since the pandemic has made businesses more reluctant to hire young, inexperienced workers and is the key driver of higher unemployment rates for recent college graduates, a study released Monday has found

Young and unemployed? Remote work, not AI, may be the problem, study finds
Business|Economy|Technology|World

Motorola Solutions targets rogue drones with $1.5 billion D-Fend deal

Motorola Solutions said on Monday it would buy Israeli startup D-Fend Solutions for $1.5 billion as governments and critical infrastructure operators worldwide rush to defend

Motorola Solutions targets rogue drones with $1.5 billion D-Fend deal
Business|Economy|Political|World

UN labour agency freezes US official's appointment over unpaid dues

The International Labour Organization has rescinded the appointment of a top U.S. official to be deputy head of the UN agency because of

UN labour agency freezes US official's appointment over unpaid dues
Business|Crime|Economy|Finance|Stock Markets|Technology|US

Seagate reaches $175 million settlement of shareholder claims it concealed sales to China's Huawei

Seagate Technology reached a $175 million settlement of a lawsuit claiming it defrauded shareholders by concealing it violated U.S. export control laws by

Seagate reaches $175 million settlement of shareholder claims it concealed sales to China's Huawei
Asia|Business|Economy|Political|World

India, US near trade pact as tariff terms hinge on Section 301 relief, source says

India is likely to discuss Washington's Section 301 investigation and potential tariff measures with U.S. trade officials, as the two

India, US near trade pact as tariff terms hinge on Section 301 relief, source says
Economy|Election|Finance|Political|Stock Markets|World

Right-wing lawyer De La Espriella, leftist senator Cepeda set for heated Colombia runoff

Right-wing Colombian lawyer Abelardo De La Espriella and leftist senator Ivan Cepeda will head to a June

Right-wing lawyer De La Espriella, leftist senator Cepeda set for heated Colombia runoff
Business|Economy|Finance|Stock Markets|Technology

Wall St ends higher, boosted by tech gains, US-Iran peace hopes

Wall Street stocks posted modest gains on Monday as investors watched developments in U.S.-Iran peace negotiations and cheered the

Wall St ends higher, boosted by tech gains, US-Iran peace hopes
Business|Economy|Finance|Stock Markets|US

Supreme Court seeks Trump administration views on Robinhood IPO dispute

The U.S.

Supreme Court seeks Trump administration views on Robinhood IPO dispute
Business|Economy|Environment|Food|Travel

Family wants to 'save Florida farmers' with coffee farming

Family wants to 'save Florida farmers' with coffee farming

Family wants to 'save Florida farmers' with coffee farming
Business|Economy|Science|Technology

What are AI PCs that Nvidia's Jensen Huang is betting on?

Nvidia has turned the spotlight on AI PCs after CEO Jensen Huang launched a new chip that would put artificial intelligence capabilities directly into laptops and desktop computers,

What are AI PCs that Nvidia's Jensen Huang is betting on?
Business|Crime|Economy|Finance|World

Brazil to target betting, tobacco sectors in new anti-organized crime operations, source says

Brazil's government is in the final stages of preparations to launch operations targeting organized crime in the online betting and tobacco sectors, a

Brazil to target betting, tobacco sectors in new anti-organized crime operations, source says
Business|Economy|Europe|MidEast|World

Ship operators urge clear rules to return Hormuz to normal

Shipping executives meeting in Athens on Monday said that any peace deal worked out between the United States and Iran would need to

Ship operators urge clear rules to return Hormuz to normal
Business|Economy|Finance|Stock Markets|World

Bank of Canada says don't put much weight on GDP data showing technical recession

The Bank of Canada on Monday cautioned against putting too much weight on recent GDP data which showed two consecutive quarters of decline on an annualized basis.

Bank of Canada says don't put much weight on GDP data showing technical recession
Business|Crime|Economy|Environment|US|World

Judge postpones civil trial over deadly collapse of Baltimore's Key Bridge after late settlements

A federal judge has agreed to postpone a civil trial over the 2024 collapse of Baltimore’s Francis Scott Key Bridge after a flurry of last-minute settlements resolved most of the remaining claims

Judge postpones civil trial over deadly collapse of Baltimore's Key Bridge after late settlements
Crime|Economy|Education|Entertainment|Environment|Health|Lifestyle|Sports|Technology

Tulsa marks 105 years since the Race Massacre that destroyed Black Wall Street

Tulsa marks 105 years since the Race Massacre that destroyed Black Wall Street

Tulsa marks 105 years since the Race Massacre that destroyed Black Wall Street
Business|Economy|Finance|Stock Markets|Technology

Wall St opens near record highs as AI optimism counters US-Iran war worries

Wall Street's main indexes opened near record highs on Monday as investors weighed Nvidia's latest artificial intelligence push against growing doubts over a deal to end the three-

Wall St opens near record highs as AI optimism counters US-Iran war worries
Africa|Business|Economy|World

Nigeria's Obi to run for president again after opposition split

Nigerian politician Peter Obi said he would run for president again in January after winning his party's nomination, setting up another contest between incumbent Bola Tinubu

Nigeria's Obi to run for president again after opposition split
Business|Economy|Finance|Stock Markets|World

India's 2025/26 fiscal deficit at 4.4%, in line with government estimates

India's fiscal deficit stood at 4.4% of the gross domestic product for the year ended March 31, 2026, data showed on Monday, in line with government's revised estimates.

India's 2025/26 fiscal deficit at 4.4%, in line with government estimates
Economy|Europe|Political|World

Drivers in Russian-controlled Crimea grapple with gasoline shortages

Drivers in Russian-controlled Crimea were grappling with gasoline rationing on Monday after Ukrainian drone attacks constricted road supplies across south-

Drivers in Russian-controlled Crimea grapple with gasoline shortages
Business|Economy|Finance|World

Bank of England is watching public-sector pay for inflation risk, governor says

The Bank of England is keeping a closer watch on public-sector pay as a potential source of inflation pressure, as it continues to run faster than in the private sector,

Bank of England is watching public-sector pay for inflation risk, governor says
Business|Economy|Europe|Finance|World

Swiss economy shows pickup in growth at start of 2026

The Swiss economy grew by 0.4% in the first three months of 2026, the government said on Monday, helped by a recovery in the manufacturing sector as the burden of U.S.

Swiss economy shows pickup in growth at start of 2026
Business|Economy|Education|Entertainment|Europe|MidEast|Political|Technology|Travel|World

UK blocks visits by left-wing US commentators Cenk Uygur and Hasan Piker

Britain has blocked Cenk Uygur, a left-wing Turkish-American media personality, and his nephew, Hasan Piker, a U.S. left-wing commentator and influencer, from entering the

UK blocks visits by left-wing US commentators Cenk Uygur and Hasan Piker
Economy|Election|Finance|Political|World

Colombia right-wing lawyer De La Espriella, leftist senator Cepeda set for adversarial runoff

Right-wing Colombian lawyer Abelardo De La Espriella and leftist senator Ivan Cepeda

Colombia right-wing lawyer De La Espriella, leftist senator Cepeda set for adversarial runoff
Business|Economy|Europe|MidEast|World

Factories face soaring costs as Iran war causes supply shocks

The economic shock from the Iran war hit European factories last month, suppressing demand for their

Factories face soaring costs as Iran war causes supply shocks
Business|Economy|Environment|Finance|World

JetBlue flags higher fuel costs as Iran conflict drags on

U.S. carrier JetBlue raised its second-quarter fuel costs forecast on Monday as shipping disruptions in the Strait of Hormuz entered a fourth month, driving up jet

JetBlue flags higher fuel costs as Iran conflict drags on
Africa|Economy|Political|World

Ethiopian election expected to give leader Abiy's party a landslide win

Voting took place in Ethiopia on Monday in parliamentary and regional elections expected to hand Prime Minister Abiy Ahmed's ruling Prosperity Party an easy victory,

Ethiopian election expected to give leader Abiy's party a landslide win
Business|Economy|Finance|Stock Markets|US|World

US manufacturing activity at four-year high, supply constraints growing

U.S. manufacturing activity increased more than expected in May, hitting the highest level in four years, likely driven by businesses front-loading

US manufacturing activity at four-year high, supply constraints growing
Business|Economy|Finance|Stock Markets|Technology

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO

Honeywell's Quantinuum is targeting a valuation of up to $14.3 billion in its upsized U.S. initial public offering, it said on Monday, underscoring robust investor appetite around

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO
Business|Economy|Finance|Political|World

India may reconsider easing Scotch whisky tariffs if UK imposes steel curbs, official says

India could reconsider tariff concessions offered to Britain on products such as Scotch whisky if London fails

India may reconsider easing Scotch whisky tariffs if UK imposes steel curbs, official says
Business|Economy|Finance|World

Dollar higher as markets parse fragile Middle East peace talks

The U.S. dollar was higher on Monday after a small weekly loss as investors digested fresh developments in Middle East peace talks after the U.S. and Iran

Dollar higher as markets parse fragile Middle East peace talks
Business|Economy|Science|Technology

Nvidia bets on AI personal computers with new 'superchip' powering Windows laptops

Nvidia has unveiled powerful new chips to bring advanced artificial intelligence to Windows laptops and desktops

Nvidia bets on AI personal computers with new 'superchip' powering Windows laptops
Economy|Education|Political|World

India's viral 'Cockroach' youth group plans street protest in challenge to Modi

The founder of an online Indian youth group that has amassed millions of followers in days said on Monday he plans to take his movement on to the streets with a protest

India's viral 'Cockroach' youth group plans street protest in challenge to Modi
Business|Economy|Finance|Stock Markets|World

AI and 1984

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets A new month, but the same market obsessions.

AI and 1984
Business|Economy|Technology|World

AI debt sales reshape global corporate bond markets

From Europe to Japan and Switzerland, huge bond issues by Big Tech companies are proving that smaller markets, often overshadowed by the U.S., can punch

AI debt sales reshape global corporate bond markets
Economy|Education|Environment|Science

Hurricane season is here: Federal flood insurance carries 2 moral hazards – which you face depends largely on how wealthy you are

Subsidized insurance makes waterfront property seem safer than it is for wealthier buyers, while many low-income homeowners face repeat disasters with no help.

Hurricane season is here: Federal flood insurance carries 2 moral hazards – which you face depends largely on how wealthy you are
Asia|Business|Economy|Environment|Technology|World

BYD snaps longest streak of sales declines

Chinese electric vehicle giant BYD snapped its longest streak of declining sales in May, despite weakening domestic demand and intensifying competition continuing to weigh

BYD snaps longest streak of sales declines
Business|Crime|Economy|World

Philippine senator Estrada detained in graft case

A Philippine senator who is the son of a former president was detained on Monday after surrendering to police in line with a court order on suspicion of taking kickbacks as

Philippine senator Estrada detained in graft case
Africa|Economy|Europe|Political|World

Britain will not have to pay Rwanda millions over asylum deal, court rules

Britain will not have to pay Rwanda tens of millions of pounds over the cancelled deal to deport asylum seekers to the East African nation, the

Britain will not have to pay Rwanda millions over asylum deal, court rules
Economy|Education|Environment|Technology

Maps are powerful political tools shaping a nation’s past, present and future – counter maps allow everyday people to reclaim the narrative

From who gets to vote to how people travel and where taxpayer dollars are funneled, politicians and urban planners wield maps to control public imagination.

Maps are powerful political tools shaping a nation’s past, present and future – counter maps allow everyday people to reclaim the narrative
Economy|Education|Finance|Health|Lifestyle

What happens to debt when someone dies?

Whether or not there’s a will, the results are the same.

What happens to debt when someone dies?
Economy|Education|Health

Getting disability benefits got harder after the Social Security Administration’s staff was slashed and program rules were changed by Trump

Researchers learned from dozens of interviews that the usual ways of resolving complex cases, escalating issues and holding the authorities accountable no longer work.

Getting disability benefits got harder after the Social Security Administration’s staff was slashed and program rules were changed by Trump
Arts|Business|Economy|Entertainment|Lifestyle|Travel

Cognac is in a slump. Hennessy thinks it has a fix

Cognac is in a slump. Hennessy thinks it has a fix

Cognac is in a slump. Hennessy thinks it has a fix
Business|Economy|Europe|Political|World

Italian manufacturing cost pressures continue to mount, PMI shows

Cost pressures in Italy's manufacturing sector rose for a fifth month running in May, fuelled by the conflict in the Middle East, a survey showed on Monday.

Italian manufacturing cost pressures continue to mount, PMI shows
Business|Economy|Europe|Finance|Stock Markets|World

German factory activity stalls in May as demand weakens, PMI shows

Germany's manufacturing sector stalled in May as waning demand and soaring costs linked to the war in the Middle East weighed on activity, a business

German factory activity stalls in May as demand weakens, PMI shows
Business|Economy|Europe|Finance|Stock Markets|World

French manufacturing contracts for first time since November, PMI shows

France's manufacturing sector contracted in May for the first time since November, as the spike in energy prices and transport disruptions resulting from

French manufacturing contracts for first time since November, PMI shows
Business|Economy|Europe|Finance|World

Euro zone consumers take benign view on inflation surge, ECB survey shows

Euro zone consumers kept steady or lowered their inflation expectations in April, a hopeful sign for policymakers that crucial medium-term price bets are not signalling

Euro zone consumers take benign view on inflation surge, ECB survey shows
Business|Economy|Europe|World

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows

Growth in euro zone manufacturing lost momentum in May as demand for goods stagnated and supply-chain disruptions linked to the Middle East war pushed input costs to their

Euro zone factory growth slowed in May as input costs hit four-year high, PMI shows
Business|Economy|Technology|World

UN labour agency starts final talks on employment standards for gig workers

The International Labour Organization begins its final round of talks on Monday on the first binding employment standards for platforms offering

UN labour agency starts final talks on employment standards for gig workers
Business|Economy|Europe|Finance|World

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows

British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains,

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows
Business|Economy|World

South African manufacturing sentiment eases in May, Absa PMI shows

South Africa's factory sentiment eased in May as activity and demand slowed, though it remained in expansionary territory for a second consecutive month, a purchasing

South African manufacturing sentiment eases in May, Absa PMI shows
Economy|Europe|Finance|World

France intercepts another 'shadow fleet' tanker linked to Russian oil

France's navy has intercepted a sanctioned tanker linked to the Russian oil trade in the Atlantic Ocean and ordered the vessel to head for the French

France intercepts another 'shadow fleet' tanker linked to Russian oil
Business|Economy|Europe|Finance|Stock Markets|World

Global subsidies rebound, especially in China, OECD says

Government subsidies to industry have reached their highest level since the global financial crisis, driven largely by China, a report from the Organisation for Economic

Global subsidies rebound, especially in China, OECD says
Business|Economy|Finance|Stock Markets|US|World

Private credit lent $560 billion to US businesses since 2023, MFA report shows

Private credit funds provided nearly $560 billion in new loans to U.S. businesses over the last three years, helping create more than 6.5 million jobs, according to a Managed Funds

Private credit lent $560 billion to US businesses since 2023, MFA report shows
Business|Economy|Finance|Stock Markets|Technology

Crypto exchange Binance rolls out trading in US stocks, ETFs

Crypto exchange Binance said on Monday it has launched stock and exchange-traded fund trading for customers on its platform, expanding beyond digital assets into traditional

Crypto exchange Binance rolls out trading in US stocks, ETFs
Business|Economy|Health|Technology

America’s job market looks strong. So why is it so difficult to find work?

America’s job market looks strong. So why is it so difficult to find work?

America’s job market looks strong. So why is it so difficult to find work?
Africa|Asia|Business|Economy|Lifestyle|Travel|World

Dubai looks back to normal. Beneath the surface it’s a different story

Dubai looks back to normal. Beneath the surface it’s a different story

Dubai looks back to normal. Beneath the surface it’s a different story
Economy|Sports|World

It’s no longer just the Christian Pulisic Show for Team USA ahead of a home World Cup. But he’s still the leading man

It’s no longer just the Christian Pulisic Show for Team USA ahead of a home World Cup. But he’s still the leading man

It’s no longer just the Christian Pulisic Show for Team USA ahead of a home World Cup. But he’s still the leading man
Business|Economy|Europe|MidEast|World

UK monthly house prices fall for first time since start of Iran war, Nationwide says

British house prices fell by 0.6% in May, their first monthly drop since December and growth slowed in annual terms, as economic uncertainty stemming from the war in Iran

UK monthly house prices fall for first time since start of Iran war, Nationwide says
Business|Economy|Finance|Stock Markets|World

Goldman Sachs lifts 12-month STOXX 600 target on resilient earnings

Goldman Sachs has raised its 12-month target for STOXX 600 index to 660, the U.S. brokerage said, citing resilient corporate earnings growth despite the war in the Middle East.

Goldman Sachs lifts 12-month STOXX 600 target on resilient earnings
Business|Economy|Finance|Stock Markets|World

India GDP growth likely eased in January-March quarter on softer external demand: Reuters poll

India's economic growth likely eased to 7.2% in the first quarter of 2026, according to a Reuters poll of economists, as weakening external demand and

India GDP growth likely eased in January-March quarter on softer external demand: Reuters poll
Business|Economy|Europe|World

Spain's manufacturing growth slows as supply delays intensify, PMI shows

Spain's manufacturing sector expanded modestly in May, at a slightly slower pace than in April, as disruptions linked to the Middle East conflict worsened supply delays,

Spain's manufacturing growth slows as supply delays intensify, PMI shows
Asia|Business|Economy|Finance|World

Japan risks return to stagnation without early rate hike, ex-BOJ policymaker says

Japan is on the verge of repeating the policy mishap that led to decades of economic stagnation as Iran war-induced inflation risks forcing the central bank

Japan risks return to stagnation without early rate hike, ex-BOJ policymaker says
Business|Economy|Technology|World

Global smartphone market faces record annual decline as chip crunch worsens

The global smartphone

Global smartphone market faces record annual decline as chip crunch worsens
Business|Economy|Technology|World

China expands curbs on foreign deals, tech transfer after Meta-Manus block

China issued sweeping new rules on Monday tightening control of overseas deals that involve Chinese investors, technology, data and national security, a

China expands curbs on foreign deals, tech transfer after Meta-Manus block
Arts|Business|Economy|Entertainment|Political

Judge says Trump can’t add his name to Kennedy Center and blocks planned closure

Judge says Trump can’t add his name to Kennedy Center and blocks planned closure

Judge says Trump can’t add his name to Kennedy Center and blocks planned closure
Business|Economy|Health|Technology|Travel

Air New Zealand's bunk beds take flight

Air New Zealand is hoping to revolutionize sleep comfort on long-haul flights by introducing bunk beds to economy. CNN's Lilit Marcus reports.

Air New Zealand's bunk beds take flight
Business|Crime|Economy|US|World

US judge orders review of Trump's IRS lawsuit settlement

A U.S. judge in Florida said she will review a deal between the Justice

US judge orders review of Trump's IRS lawsuit settlement
Business|Crime|Economy|Entertainment|Technology

Amazon employee arrested, charged with stealing hundreds of items from Massachusetts warehouse

Amazon employee arrested, charged with stealing hundreds of items from Massachusetts warehouse

Amazon employee arrested, charged with stealing hundreds of items from Massachusetts warehouse
Business|Economy|Political|World

US says it struck a commercial ship trying to breach blockade and reach Iran

The U.S. military says it stopped another commercial vessel trying to break through the U.S. blockade of Iranian ports

US says it struck a commercial ship trying to breach blockade and reach Iran
Asia|Crime|Economy|Environment|World

Laos cave rescue ends unexpectedly after villagers free themselves

Laos cave rescue ends unexpectedly after villagers free themselves

Laos cave rescue ends unexpectedly after villagers free themselves
Economy|Europe|MidEast|Political|World

Ousted Turkish opposition leader Ozel draws thousands in Ankara protest

Turkey's ousted opposition leader Ozgur Ozel showed he can still command strong support on Saturday, drawing a crowd of thousands in Ankara despite a court

Ousted Turkish opposition leader Ozel draws thousands in Ankara protest
Business|Crime|Economy|Environment|US

Investigators probe deadly Dallas blast as data shows natural gas leaks persist

Investigators probe deadly Dallas blast as data shows natural gas leaks persist

Investigators probe deadly Dallas blast as data shows natural gas leaks persist
Business|Economy|Education|Science|Technology

First Windows PC powered by Nvidia chips to debut next week, Axios reports

AI chip firm Nvidia and Microsoft are expected next week to debut the first Windows PCs that use Nvidia's chips as the main processor, Axios reported on Saturday, citing sources.

First Windows PC powered by Nvidia chips to debut next week, Axios reports
Business|Economy|Technology|World

India says signed BrahMos missile deal with Vietnam

India has signed a deal with Vietnam under which it will supply BrahMos missiles which it has jointly developed with Russia, and is in "final stages" for a similar deal

India says signed BrahMos missile deal with Vietnam
Economy|Environment|Political|World

What to watch for in the US-Iran memo to end the war

What to watch for in the US-Iran memo to end the war

What to watch for in the US-Iran memo to end the war
Americas|Economy|Environment|Europe|Political|World

Ukraine keeps up assault on Russian oil sites as Kyiv expects more strikes

Ukrainian drone strikes have caused fires at Russian oil facilities, according to Russian officials

Ukraine keeps up assault on Russian oil sites as Kyiv expects more strikes
Americas|Business|Economy|Lifestyle|World

Canada's broader citizenship rules draw strong American interest, data shows

While U.S.-Canadian relations have frayed under U.S.

Canada's broader citizenship rules draw strong American interest, data shows
Business|Economy|Political|World

Inflation fight again putting central bank independence under strain, policymakers say

Central bank independence is again coming under pressure as policymakers push through unpopular measures to curb surging prices, prompting

Inflation fight again putting central bank independence under strain, policymakers say
Asia|Business|Economy|Environment|Finance|Travel|World

Rescuers free 4 men who had been trapped in a flooded Laos cave, search for 2 still missing

Rescue workers in Laos have safely evacuated four villagers trapped in a flooded cave for 10 days

Rescuers free 4 men who had been trapped in a flooded Laos cave, search for 2 still missing
Business|Economy|Election|Europe|Finance|Political|World

Russia recalls envoy to Armenia over EU ties ahead of vote

Russia said on Saturday it had recalled its ambassador to Armenia for consultations in protest at its rapprochement with the European Union as a June 7 election nears. 

Russia recalls envoy to Armenia over EU ties ahead of vote
Economy|Science|Technology|World

AUKUS to develop unmanned undersea vehicles, delivery set for 2027

The United States, Britain and Australia are working together to develop unmanned undersea vehicles as part of their trilateral AUKUS defence pact, U.S.

AUKUS to develop unmanned undersea vehicles, delivery set for 2027
Asia|Business|Crime|Economy|Environment|Finance|World

Rescuers pull four from flooded cave in Laos, two still missing

Rescuers pulled four people from a flooded cave in Laos on Saturday, Thai volunteer rescuers said, hours after another man was brought out late on Friday.

Rescuers pull four from flooded cave in Laos, two still missing
Business|Economy|Finance|Stock Markets|Travel|US

Will Frontier learn from Spirit’s mistakes? Budget airlines face tough road ahead

Will Frontier learn from Spirit’s mistakes? Budget airlines face tough road ahead

Will Frontier learn from Spirit’s mistakes? Budget airlines face tough road ahead
Business|Economy|Political|World

Better China ties can help regional peace, security, Vietnam's top leader says

Strong relations between Vietnam and its giant neighbour and territorial rival China would benefit regional peace and security, although ties with the U.S.

Better China ties can help regional peace, security, Vietnam's top leader says
Business|Economy|Technology|World

US investigates Vietnam's intellectual property practices

The Trump administration on Friday opened an unfair trade practices investigation into Vietnam's intellectual property protection policies and enforcement that may lead to new

US investigates Vietnam's intellectual property practices
Economy|Europe|Political|World

Voting starts in Malta parliamentary elections, ruling party set to win

Voting in parliamentary elections opened in Malta on Saturday, with opinion polls showing the ruling Labour Party on course to win a record-breaking fourth term.

Voting starts in Malta parliamentary elections, ruling party set to win
Business|Crime|Economy|Environment

How a chemical tank disaster struck at the heart of a Washington state mill town

A chemical tank failure at a paper mill in Washington state this past week has struck at the heart of a historic mill town

How a chemical tank disaster struck at the heart of a Washington state mill town
Business|Economy|Finance|Technology|World

From lottery draws to fiscal spending, China broadens digital yuan footprint

China's central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different - and potentially

From lottery draws to fiscal spending, China broadens digital yuan footprint
Business|Economy|Political|World

Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend

U.S.

Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend
Americas|Business|Economy|Political|World

US military leader held rare meeting with senior Cuban military officials near US base at Guantanamo Bay

US military leader held rare meeting with senior Cuban military officials near US base at Guantanamo Bay

US military leader held rare meeting with senior Cuban military officials near US base at Guantanamo Bay
Economy|Environment|Health|Science|World

As Ebola scourges Congo, experts warn of link to eating wild animals

For many in Congo and elsewhere in Central and West Africa, there is no shame in craving wild meat, a key part of the culture

As Ebola scourges Congo, experts warn of link to eating wild animals
Crime|Economy|Education|World

Some of the world’s last Maoist rebels are in India. Their decades-long rebellion is in its death throes

Some of the world’s last Maoist rebels are in India. Their decades-long rebellion is in its death throes

Some of the world’s last Maoist rebels are in India. Their decades-long rebellion is in its death throes
Business|Economy|Political|World

Trump says he will soon decide on Iran deal, demands reopening of Hormuz Strait

U.S.

Trump says he will soon decide on Iran deal, demands reopening of Hormuz Strait
Asia|Business|Economy|Political|World

Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend

U.S.

Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend
Asia|Business|Economy|Political|World

New Zealand aiming for steady rises in defence spending, minister says

New Zealand is aiming for "smooth and steady" rises in defence expenditure to meet its target of spending 2% of GDP on the military within 8 years, its new

New Zealand aiming for steady rises in defence spending, minister says
Economy|Europe|Technology|World

Russian spies are aggressively seeking Western technology as sanctions bite, officials say

Russian intelligence agencies have grown more aggressive in their efforts to steal Western technology and defense secrets as sanctions squeeze the country’s wartime economy

Russian spies are aggressively seeking Western technology as sanctions bite, officials say
Americas|Business|Crime|Economy|Political|World

Court clears way for Texas to enforce migrant arrest law

A federal appeals court on Friday cleared the way for Texas authorities to enforce key parts of

Court clears way for Texas to enforce migrant arrest law
Business|Economy|Finance|Political|US|World

Trump’s ‘anti-weaponization fund’ is stalled, and some allies are urging him to scrap it entirely

Trump’s ‘anti-weaponization fund’ is stalled, and some allies are urging him to scrap it entirely

Trump’s ‘anti-weaponization fund’ is stalled, and some allies are urging him to scrap it entirely
Business|Economy|Environment|Science

California air regulators update a key climate program, sparking pushback from environmentalists

California air regulators have updated a key climate program Friday

California air regulators update a key climate program, sparking pushback from environmentalists
Americas|Business|Economy|Environment|Political|World

US general meets Cuban military officials at edge of Guantanamo Bay

The top U.S. general overseeing forces in Latin America held a rare meeting on Friday with senior Cuban military officials at the perimeter of U.S.

US general meets Cuban military officials at edge of Guantanamo Bay
Americas|Crime|Economy|Political|World

NJ state police set up protest zone outside contested immigration detention center as ICE leaves

New Jersey Gov. Mikie Sherrill has sent state police to establish designated protest zones and vehicle checkpoints outside an immigration detention center in Newark

NJ state police set up protest zone outside contested immigration detention center as ICE leaves
Crime|Economy|World

Brazil minister says US terrorist designation of local gangs could impact economy

A U.S. decision to designate the two biggest Brazilian drug gangs as terrorist organizations could impact Latin America's largest economy on several fronts, including by

Brazil minister says US terrorist designation of local gangs could impact economy
Business|Economy|Environment|Health|Science

Flesh-eating screwworm found within 31 miles of US border, says USDA

A devastating parasitic fly that eats warm-blooded animals alive and could cause millions of dollars in economic damage to the U.S. economy has been

Flesh-eating screwworm found within 31 miles of US border, says USDA
Business|Economy|Political|World

US commander meets with Cuban military officials as Trump pressures island nation

The top U.S. commander in Latin America has met with Cuban military leaders in a “brief exchange on operational security matters” near the U.S. Navy base in Guantanamo Bay

US commander meets with Cuban military officials as Trump pressures island nation
Business|Economy|Finance|Stock Markets|US

BMO hires UBS banker to lead US M&A team, memo shows 

BMO Financial has hired David Descoteaux from UBS to head its U.S.

BMO hires UBS banker to lead US M&A team, memo shows 
Americas|Business|Economy|World

US, Mexico conclude first round of trade deal talks on autos, metals, security

The U.S. and Mexico trade negotiators on Friday concluded their first bilateral negotiating round to revise the U.S.-Mexico-Canada Agreement on trade, discussing

US, Mexico conclude first round of trade deal talks on autos, metals, security
Business|Economy|Finance|Food|World

Yum Brands in exclusive talks to sell Pizza Hut to LongRange Capital, source says

Yum Brands is in exclusive talks to sell its Pizza Hut chain to private-equity firm LongRange Capital, a source familiar with the matter said on Friday.

Yum Brands in exclusive talks to sell Pizza Hut to LongRange Capital, source says
Business|Crime|Economy|World

Lula rejects U.S. terrorist designation of Brazil criminal gangs

Brazilian President Luiz Inacio Lula da Silva on Friday blasted a U.S. decision to designate two Brazilian drug gangs as terrorist

Lula rejects U.S. terrorist designation of Brazil criminal gangs
Business|Economy|Environment|Science|Technology|World

Blue Origin investigates rocket explosion as public is warned about possible wreckage washing ashore

Jeff Bezos' Blue Origin is assessing damage to its Florida launch pad after a rocket exploded during a test firing

Blue Origin investigates rocket explosion as public is warned about possible wreckage washing ashore
Business|Economy|Finance|Stock Markets|World

US stocks gain ground, adding to their records, as Dell soars

Stock indexes closed higher on Wall Street, adding to the all-time highs they set a day earlier

US stocks gain ground, adding to their records, as Dell soars
Americas|Business|Economy|Environment|Finance|Political|Stock Markets|US|World

SEC moves to repeal rule that requires companies to report greenhouse gas emissions and climate risk

In the latest action to undo Biden-era regulations on climate change, the Securities and Exchange Commission has proposed repealing a rule that requires some public companies to report their greenhouse gas emissions and the risks they face from global warming

SEC moves to repeal rule that requires companies to report greenhouse gas emissions and climate risk
Economy|Environment|Health|Science

US adult cigarette smoking rate hits another all-time low

The cigarette smoking rate among U.S. adults dropped to another all-time low last year

US adult cigarette smoking rate hits another all-time low
Economy|Political|World

Trump says meeting Friday to make final decision on deal with Iran

U.S. President Donald Trump said in a social media post that he would be meeting in the White House Situation Room on Friday to make a final decision on a deal with Iran. 

Trump says meeting Friday to make final decision on deal with Iran
Business|Economy|Science|Technology|World

Trump administration wants to raise North American auto content to 82%, with half from US

The Trump administration issued a sweeping demand to Mexico to raise the level of regional

Trump administration wants to raise North American auto content to 82%, with half from US
Business|Economy|Finance|Stock Markets|World

Wall Street ends higher, crude prices ease on potential US-Iran truce extension

U.S. stocks followed world shares higher and crude prices retreated on Friday as investors neared the end of a holiday-shortened week with renewed hopes of

Wall Street ends higher, crude prices ease on potential US-Iran truce extension
Business|Economy|Finance|Political|World

Canada might double exports to China, Chinese minister says during rare visit

China's Minister of Foreign Affairs Wang Yi said on Friday that Canada could surpass its goal of increasing exports to China by 50% by 2030, during a

Canada might double exports to China, Chinese minister says during rare visit
Business|Economy|Science|Technology|World

SpaceX wins $4.16 billion US Space Force contract for threat-detection satellites

The U.S. Space Force said on Friday it has awarded Elon Musk's IPO-bound SpaceX a $4.16 billion deal for a satellite program designed to track and target airborne threats.

SpaceX wins $4.16 billion US Space Force contract for threat-detection satellites
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

IMF, World Bank, others warn Middle East war is straining energy supplies

The heads of the International Energy Agency, International Monetary Fund, World Bank and World Trade Organization warned on Friday that the war in the Middle East was straining

IMF, World Bank, others warn Middle East war is straining energy supplies
Business|Economy|Finance|Stock Markets|Technology

Blackstone-backed Liftoff targets $3.7 billion valuation in US IPO

Liftoff Mobile, backed by Blackstone, said on Friday it is targeting a valuation of up to $3.66 billion in its U.S. initial public offering,

Blackstone-backed Liftoff targets $3.7 billion valuation in US IPO
Business|Economy|Finance|Stock Markets|US|World

Wall Street hits new closing highs on tech strength, Middle East deal hopes

Wall Street's main indexes hit record closing highs on Friday and posted weekly and monthly gains as Dell results drove

Wall Street hits new closing highs on tech strength, Middle East deal hopes
Economy|Health|Science|World

What’s wrong with how US and Uganda plan to stop Ebola spreading

Geography may not provide meaningful protection once an outbreak is already underway.

What’s wrong with how US and Uganda plan to stop Ebola spreading
Business|Economy|Environment|Political|World

Oil falls on hopes for US-Iran ceasefire agreement

Oil futures fell more than 2% on Friday, closing out their steepest weekly decline since early April as traders awaited word that the U.S., Israel and Iran

Oil falls on hopes for US-Iran ceasefire agreement
Business|Economy|Finance|Political|World

More Fed policymakers eye possible rate hike as inflation risks rise

By Michael S.

More Fed policymakers eye possible rate hike as inflation risks rise
Business|Economy|Education|Political|Science|US|World

White House moves to give political appointees more power over federal grants

The White House is moving to give political appointees more control over federal grants

White House moves to give political appointees more power over federal grants
Economy|Food|Political|World

Trump claims he's making food more affordable but his examples ignore the big picture

In a Truth Social post on Wednesday, the president proclaimed “TRUMP’S MAKING FOOD AFFORDABLE,” and cited falling prices for a range of groceries, including avocados, fresh berries, and a variety of pantry staples

Trump claims he's making food more affordable but his examples ignore the big picture
Business|Economy|Environment|Food|Lifestyle|US|World

Tomatoes become latest symbol of America’s affordability squeeze

Prices for tomatoes are up 40% over the past year, the biggest increase tracked among products in the Consumer Price Index

Tomatoes become latest symbol of America’s affordability squeeze
Americas|Economy|Political|World

Mexican senate approves amendment so elections can be annulled for foreign interference 

Mexico's Senate on Friday approved a constitutional amendment to include "foreign interference" as a reason to annul elections in the country.

Mexican senate approves amendment so elections can be annulled for foreign interference 
Business|Economy|Political|Travel|World

Airlines and business groups warn of chaos if US restricts international flights

Major airline, travel and business groups warned that barring border processing at Newark or other major U.S. airports could lead to chaos, strand

Airlines and business groups warn of chaos if US restricts international flights
Business|Crime|Economy|Health

Massachusetts sues UnitedHealth insurance unit for alleged Medicaid fraud

Massachusetts sued a UnitedHealth insurance unit on Friday, accusing it of defrauding the state's Medicaid program, MassHealth, out of more than $100 million by

Massachusetts sues UnitedHealth insurance unit for alleged Medicaid fraud
Business|Economy|Finance|Stock Markets|World

Private credit roundup: paper losses deepen at lenders

A Reuters analysis of first-quarter regulatory filings by private credit lenders showed paper losses deepened, underscoring market concerns this year over the sector's

Private credit roundup: paper losses deepen at lenders
Business|Economy|Finance|Stock Markets|Technology

Coinbase, Kalshi bring regulated perpetual crypto futures to US investors

Cryptocurrency exchange Coinbase and prediction markets platform Kalshi said on Friday they are introducing perpetual crypto futures, marking the first time such instruments will be

Coinbase, Kalshi bring regulated perpetual crypto futures to US investors
Economy|Finance|MidEast|Stock Markets|US|World

Dollar set for weekly loss amid US-Iran ceasefire deal

The dollar slipped against major currencies on Friday and was headed for a second straight weekly loss after reports that the United States and Iran had

Dollar set for weekly loss amid US-Iran ceasefire deal
Business|Economy|Finance|Technology

US regulator moves to withdraw judgment against Winklevoss' crypto exchange

The U.S.

US regulator moves to withdraw judgment against Winklevoss' crypto exchange
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets

Gap, American Eagle fall as brand troubles weaken annual forecasts

By Akriti Shah and Neil J Kanatt May 29 - Shares of Gap and American Eagle Outfitters tumbled over 12% on Friday after both retailers issued weak forecasts, signaling deepening pressure on consumer

Gap, American Eagle fall as brand troubles weaken annual forecasts
Business|Economy|Stock Markets|Technology

Dell shares soar 30% as AI server demand, price hikes power stellar quarter

Dell's shares surged 30% on Friday, as the PC maker's blockbuster results showed that its growing focus on AI servers was helping it

Dell shares soar 30% as AI server demand, price hikes power stellar quarter
Business|Economy|Finance|World

Wall St edges higher at open with Mideast deal updates in focus

Wall Street's main indexes opened higher on Friday, after closing at record highs the previous session, with markets awaiting details on reports that the U.S. and Iran had reached a

Wall St edges higher at open with Mideast deal updates in focus
Business|Economy|Finance|Stock Markets|US|World

U.S. equity funds draw weekly inflows as tech rally lifts sentiment

U.S. equity funds drew inflows in the week to May 27 as a rally in AI-linked technology stocks lifted sentiment, though concerns surrounding the U.S.-Iran peace negotiations kept

U.S. equity funds draw weekly inflows as tech rally lifts sentiment
Business|Economy|Environment|Technology|World

GM-LG battery company delays return of laid-off workers to Ohio plant

A battery plant partly owned by General Motors is delaying the return of hundreds of workers in northeast Ohio amid continued weak demand for electric cars.

GM-LG battery company delays return of laid-off workers to Ohio plant
Business|Economy|Finance|Stock Markets|US

Unrealised losses at US private credit lenders deepen

Unrealised losses at U.S. private credit lenders deepened in the first quarter to their worst level since 2022, while the amount of interest income they

Unrealised losses at US private credit lenders deepen
Economy|Europe|Political|World

European Union unlocks billions in funding for Hungary after rapid reforms by new leader Magyar

Officials say the European Union will unlock 16.4 billion euros or around $19 billion in funds for Hungary after recently elected Prime Minister Péter Magyar enacted rapid reforms

European Union unlocks billions in funding for Hungary after rapid reforms by new leader Magyar
Business|Economy|Science|Technology|World

In China, AMD CEO Lisa Su is understated while Nvidia's Huang is more razzmatazz

When AMD CEO Lisa Su

In China, AMD CEO Lisa Su is understated while Nvidia's Huang is more razzmatazz
Business|Economy|Finance|Stock Markets|US

Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risks

Investors will turn to an important labor market update next week as they weigh whether simmering inflation and the potential for interest rate hikes

Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risks
Economy|Political|World

Colombians head to the polls with peace efforts, economy on agenda

Colombians are set to vote on Sunday in what is likely the first round of a presidential election, amid deep polarization between those seeking

Colombians head to the polls with peace efforts, economy on agenda
Business|Economy|Europe|World

German inflation eases in May, even as core inflation rises

German inflation slowed in May due to lower energy prices, and while core inflation accelerated, analysts said that was likely not evidence that cost

German inflation eases in May, even as core inflation rises
Business|Economy|Europe|World

Top euro zone countries see Iran inflation fallout broaden in May

Inflation in the euro zone's four largest economies hovered above the European Central Bank's 2% target for a third straight month in May, preliminary data showed on

Top euro zone countries see Iran inflation fallout broaden in May
Business|Economy|World

TSX futures rise as US-Iran deal boosts sentiment ahead of GDP data release

Futures tracking Canada's blue-chip stocks rose on Friday as a deal to extend the U.S.-Iran ceasefire renewed hopes for an end to the Middle East conflict, while investors also

TSX futures rise as US-Iran deal boosts sentiment ahead of GDP data release
Business|Crime|Economy|Europe|World

US consulate builder in Milan hit by court action over abuse allegations

Prosecutors have placed the Italian branch of U.S. construction giant Caddell Construction under investigation over alleged worker exploitation at the site

US consulate builder in Milan hit by court action over abuse allegations
Business|Economy|Europe|World

European Commission vows tougher action on trade with China

The EU's trade and investment relationship with China is "not sustainable", the European Commission said on Friday, vowing a stronger response as

European Commission vows tougher action on trade with China
Economy|Environment|Europe|Health|Science|World

Record-breaking heat and dry spring leave parts of England without water

Thousands of households in southeast England were left without water or facing low pressure during a record-breaking heatwave

Record-breaking heat and dry spring leave parts of England without water
Business|Economy|Finance|World

Brazil's economy rebounds in early 2026, clouding rate cut outlook

Brazil's economy rebounded in the first three months of 2026, supported by household consumption and stronger investment, against a backdrop of a tight

Brazil's economy rebounds in early 2026, clouding rate cut outlook
Business|Economy|Finance|Stock Markets|US|World

Rising exports lower US goods trade deficit in April

The U.S. trade deficit in goods contracted more than expected in April as a surge in exports blunted rising imports, but economists cautioned the trend

Rising exports lower US goods trade deficit in April
Business|Economy|Finance|Stock Markets|Technology|World

Global equity funds draw weekly inflows as AI rally boosts sentiment

Global investors returned to equity funds in the week to May 27 after a week of outflows, as a rally in AI-linked stocks revived demand, though caution over U.S.-Iran peace

Global equity funds draw weekly inflows as AI rally boosts sentiment
Crime|Economy|Education|Environment|Health|Political

Colorado voted to end forced prison labor in 2018 – so why are incarcerated people in the state still working for less than $2 an hour?

Many jails and prisons are dependent on incarcerated labor to keep costs low.

Colorado voted to end forced prison labor in 2018 – so why are incarcerated people in the state still working for less than $2 an hour?
Business|Economy|Finance|Stock Markets|World

Canada enters surprise technical recession amid tariff uncertainty

Canada's economy posted a surprise contraction in the first quarter versus the year before, making it two straight quarters of annualized decline - which

Canada enters surprise technical recession amid tariff uncertainty
Business|Economy|Finance|Political|World

Bessent argues US was 'asleep' on economic security, Trump policies waking it up

U.S.

Bessent argues US was 'asleep' on economic security, Trump policies waking it up
Business|Economy|Finance|Stock Markets|US|World

Fed's Bowman says extended energy shock could drive shift in policy outlook

By Michael S.

Fed's Bowman says extended energy shock could drive shift in policy outlook
Asia|Business|Economy|Environment|Political|World

Vietnam's To Lam warns of three global crises, sets out solutions

The world is beset with multiple risks and uncertainty that countries must confront squarely, To

Vietnam's To Lam warns of three global crises, sets out solutions
Business|Economy|Political|World

Pakistan foreign minister set to discuss Iran with Rubio in Washington

Pakistani Foreign Minister Ishaq Dar arrived in Washington on Friday for talks with U.S.

Pakistan foreign minister set to discuss Iran with Rubio in Washington
Arts|Crime|Economy|Education|Entertainment|Environment|Europe|Finance|Health|Lifestyle|MidEast|Opinion|Political|Science|Sports|Technology|US|World

When ICE ramped up enforcement, US-born workers didn’t see any economic gains

Contrary to the belief that an immigration crackdown would lead to more jobs for US-born workers, ICE enforcement hasn’t produced economic gains for Americans.

When ICE ramped up enforcement, US-born workers didn’t see any economic gains
Business|Economy|Education|Environment

A rare bipartisan housing victory faces a bigger problem – Americans still can’t afford housing

If signed into law, the legislation would be the first major housing bill to pass in decades.

A rare bipartisan housing victory faces a bigger problem – Americans still can’t afford housing
Business|Economy|Finance|Political|US

Bessent: Nothing 'untoward' about Trump's face on a $250 bill

During a White House press briefing, US Treasury Secretary Scott Bessent was pressed by CNN’s Kaitlan Collins on the Bureau of Engraving and Printing making plans to potentially print a commemorative $250 bill with an image of President Donald Trump. Bessent said they were preparing in case Congress passed legislation that calls for the Trump bill.

Bessent: Nothing 'untoward' about Trump's face on a $250 bill
Economy|Europe|Political|World

Hungary's PM says he will conclude political deal on EU funds with von der Leyen

Hungarian Prime Minister Peter Magyar said on Friday he would conclude a political agreement on the release of frozen European Union funds at a meeting with European

Hungary's PM says he will conclude political deal on EU funds with von der Leyen
Business|Economy|Technology

Taiwan's MediaTek says it supports both TSMC and Intel's advanced packaging technologies

Taiwan chip designer MediaTek said on Friday it supports both TSMC's and Intel's advanced packaging technologies, allowing customers to choose between the two

Taiwan's MediaTek says it supports both TSMC and Intel's advanced packaging technologies
Business|Economy|Finance|World

Rule changes may only yield modest Fed balance sheet contraction

By Michael S.

Rule changes may only yield modest Fed balance sheet contraction
Business|Economy|Finance|Stock Markets|World

European shares secure monthly gains on Middle East peace hopes

European shares edged higher on Friday, wrapping up the month with gains as investors clung to hopes that a proposed deal to extend a Middle

European shares secure monthly gains on Middle East peace hopes
Africa|Business|Economy|Finance|Political|Stock Markets|World

Nigeria's Tinubu says reforms stabilising economy despite hardship

Nigerian President Bola Ahmed Tinubu said on Friday his economic reforms stabilised the country and revived investor confidence, despite a steep cost-of-

Nigeria's Tinubu says reforms stabilising economy despite hardship
Business|Economy|Finance|Stock Markets|World

Japan spent $73 billion in yen-buying intervention, ministry data shows

Japanese authorities spent 11.7 trillion yen ($73.5 billion) intervening in foreign exchange markets over the past month to support the yen, but with only

Japan spent $73 billion in yen-buying intervention, ministry data shows
Business|Economy|Finance|Stock Markets|World

Nomura seeks US fund management acquisitions as part of global expansion

Japan's Nomura Holdings is looking for acquisition targets for its investment management business in the U.S. to build on last year's $1.8 billion buyout of

Nomura seeks US fund management acquisitions as part of global expansion
Business|Economy|Finance|Stock Markets|US|World

Fed's Schmid warns against viewing oil shock as transitory

By Michael S.

Fed's Schmid warns against viewing oil shock as transitory
Business|Economy|Finance|Stock Markets

Deal or no deal

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

Deal or no deal
Business|Economy|Finance|World

Bank of England's Bailey signals no need to move quickly to curb inflation jump

Bank of England Governor Andrew Bailey said on Friday that allowing inflation to run above the central bank's 2% target is justified given the uncertainty about the impact of the

Bank of England's Bailey signals no need to move quickly to curb inflation jump
Business|Economy|Europe|World

Italy first quarter growth revised up as exports shine

Italy's economy grew by 0.3% in the first quarter from the previous three months, boosted by strong exports, national statistics bureau ISTAT said on Friday, revising up a

Italy first quarter growth revised up as exports shine
Economy|MidEast|Political|World

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails
Business|Economy|Finance|Political|Stock Markets|Technology|US|World

How do US arms sales to Taiwan work and why are they such a sore point for China?

How do US arms sales to Taiwan work and why are they such a sore point for China?

How do US arms sales to Taiwan work and why are they such a sore point for China?
Business|Economy|Political|Travel|World

Mullin plan to punish sanctuary jurisdictions by targeting their airports faces fierce headwinds

Mullin plan to punish sanctuary jurisdictions by targeting their airports faces fierce headwinds

Mullin plan to punish sanctuary jurisdictions by targeting their airports faces fierce headwinds
Economy|Education|Political|Sports|World

Haiti heads to the World Cup, bringing rare unity to a country beset by crisis

Haiti heads to the World Cup, bringing rare unity to a country beset by crisis

Haiti heads to the World Cup, bringing rare unity to a country beset by crisis
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Global bonds take wild ride in May as Iran war shocks market

The Iran war rocked global bond markets again in May, sending yields to multi-decade highs as traders priced in central bank rate hikes

Global bonds take wild ride in May as Iran war shocks market
Business|Economy|Science|Technology|World

OpenAI gives Japan banks access to latest model, Japan's finance minister says

OpenAI has given some Japanese financial institutions access to its GPT-5.5 model to help prevent cyberattacks, Japanese Finance Minister Satsuki Katayama

OpenAI gives Japan banks access to latest model, Japan's finance minister says
Business|Economy|Europe|Finance|World

ECB will act to head off persistent inflation, Panetta says

The European Central Bank will act in a "timely and measured manner" to prevent the current energy shock from turning into persistent inflation, governing council member Fabio

ECB will act to head off persistent inflation, Panetta says
Business|Economy|Science|Technology|World

At Computex, Nvidia and Taiwan's expanding role in AI infrastructure set to take centre stage

At Taiwan's annual Computex trade show next week, the spotlight is likely to be dominated, as usual, by Nvidia and its products, but also by the island's

At Computex, Nvidia and Taiwan's expanding role in AI infrastructure set to take centre stage
Asia|Economy|World

Why Malaysia's Anwar is considering a snap election

Malaysia's Prime Minister Anwar Ibrahim has said he would consider calling for snap polls if tensions within his ruling alliance got worse. 

Why Malaysia's Anwar is considering a snap election
Asia|Business|Economy|World

Indonesia inflation seen picking up to 2.97% in May,  April trade surplus shrinking

Indonesia's annual inflation rate likely accelerated in May to 2.97%, a Reuters poll showed on Friday, closer to the upper end of the central bank's target range amid

Indonesia inflation seen picking up to 2.97% in May,  April trade surplus shrinking
Business|Economy|Europe|Finance|Stock Markets|World

German unemployment falls unexpectedly in May

The number of unemployed people in Germany fell unexpectedly in May, labour office figures showed on Friday, but the office warned

German unemployment falls unexpectedly in May
Business|Crime|Economy|Europe|Political|World

Ukraine says Russian drones attacked three foreign-flagged vessels

Russian drones attacked three foreign-flagged merchant vessels late on Thursday and overnight as they sailed along Ukraine's maritime export corridor in the Black Sea, Deputy Prime

Ukraine says Russian drones attacked three foreign-flagged vessels
Business|Economy|Health|Technology

Honda recalls nearly 99,000 US vehicles over airbag issues

Honda Motor is recalling 98,892 vehicles in the United States over a defect involving unintentional deployment of air bags, the U.S.

Honda recalls nearly 99,000 US vehicles over airbag issues
Business|Economy|Finance|Stock Markets|World

Definitely, maybe

Stop-start efforts by Tehran and Washington to extend their ceasefire and reopen the Strait of Hormuz dominate the market outlook, while U.S. and euro zone data should shed more

Definitely, maybe
Business|Economy|Europe|World

Italy April jobless rate edges down to 5.1%, 123,000 jobs created

Italy's unemployment rate fell slightly to 5.1% in April and a net 123,000 jobs were created during the month, national statistics bureau ISTAT reported on Friday.

Italy April jobless rate edges down to 5.1%, 123,000 jobs created
Business|Economy|Technology|World

Taiwan raises 2026 GDP growth outlook to 16-year high on strong AI demand

Taiwan's tech-driven economy is expected to grow at its fastest pace in 16 years in 2026, the government statistics agency said on Friday,

Taiwan raises 2026 GDP growth outlook to 16-year high on strong AI demand
Business|Economy|Europe|World

Italy EU-harmonised CPI jumps to 3.3% y/y in May, slightly above forecast

Italian EU-harmonised consumer prices (HICP) rose by 0.4% in May from the month before, with the annual inflation rate surging to 3.3% from 2.8% in April amid increasing

Italy EU-harmonised CPI jumps to 3.3% y/y in May, slightly above forecast
Business|Economy|Europe|Finance|World

French inflation at 27-month high of 2.8% in May, but below forecast

French inflation rose in May at the fastest pace in more than two years on surging energy prices, though slightly less than expected, preliminary data from statistics agency INSEE

French inflation at 27-month high of 2.8% in May, but below forecast
Business|Economy|Europe|Finance|World

French economy shrank by 0.1% in first quarter

France's economy shrank slightly in the first quarter, final data from statistics office INSEE showed on Friday, missing the preliminary reading of 0.0% for the euro zone's second-

French economy shrank by 0.1% in first quarter
Business|Economy|Europe|Finance|MidEast|World

Iran war impact could 'doubly scar' euro zone consumers, ECB research finds

Euro zone consumers, already scarred by the Ukraine war, have changed their attitudes more quickly as a result of the upheaval of the Iran war, European Central Bank

Iran war impact could 'doubly scar' euro zone consumers, ECB research finds
Economy|Europe|World

Spain's 12-month EU-harmonised inflation rises to 3.6% in May

Spain's European Union-harmonised 12-month inflation rate rose to 3.6% in May, from 3.5% in the period through April, preliminary data from the National Statistics Institute (INE)

Spain's 12-month EU-harmonised inflation rises to 3.6% in May
Business|Economy|Finance|World

BOJ may heed calls to pause bond taper next year

Bond market volatility is boosting the case for Japan's central bank to pause the unwinding of its massive debt holdings next fiscal year, which would give

BOJ may heed calls to pause bond taper next year
Economy|Finance|Stock Markets|World

Yen back in danger zone as Tokyo officials keep investors on edge

As Japan's yen drifts back to levels that prompted official intervention a month ago, markets are sizing up Tokyo's remaining financial firepower and

Yen back in danger zone as Tokyo officials keep investors on edge
Australia|Economy|Election|Environment|Political|World

Australia's embattled Liberals tap former PM Abbott as party president, reinforcing rightward shift

Australia's struggling opposition Liberal Party installed former Prime Minister Tony Abbott, a pugnacious social conservative and campaigner against

Australia's embattled Liberals tap former PM Abbott as party president, reinforcing rightward shift
Business|Economy|Finance|World

China's factory activity likely remained flat in May: Reuters poll

China's factory activity likely remained flat in May after expanding for two months, indicating that weak domestic demand and cost pressures stemming from the U.S.-Israeli

China's factory activity likely remained flat in May: Reuters poll
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Another day, another Iran deal moment

A look at the day ahead in European and global markets from Tom Westbrook A weekend wait looms over markets as sources have told Reuters that the U.S. and Iran have reached an agreement to extend

Another day, another Iran deal moment
Australia|Business|Economy|Environment|World

BHP electrical workers to vote on strike at key Australian iron ore export hub

Hundreds of BHP electrical workers at Port Hedland in Western Australia will vote on a potential strike action, a union said on Friday,

BHP electrical workers to vote on strike at key Australian iron ore export hub
Business|Economy|Finance|Stock Markets|World

China home prices likely to fall at slower pace this year; seen rising in 2027

China's home prices are expected to fall at a slower pace than forecast in a March survey and edge up in 2027, suggesting the sector remains

China home prices likely to fall at slower pace this year; seen rising in 2027
Asia|Economy|Political|World

Malaysia PM Anwar under pressure amid growing defections from his party

Malaysian Prime Minister Anwar Ibrahim is under growing pressure from a wave of defections to a new party set up by a former protege, analysts and

Malaysia PM Anwar under pressure amid growing defections from his party
Economy|Political|Technology|World

With a stalemate in Ukraine and discontent at home, Putin seems ready to escalate his war

President Vladimir Putin is facing a battlefield stalemate in Ukraine and growing war fatigue among Russians and appears ready to change the narrative around the conflict

With a stalemate in Ukraine and discontent at home, Putin seems ready to escalate his war
Business|Economy|Science|Technology

For the third time this month, a chip giant has joined the $1 trillion club

For the third time this month, a chip giant has joined the $1 trillion club

For the third time this month, a chip giant has joined the $1 trillion club
Business|Economy|Environment|Science|Technology

Blue Origin rocket explodes on the launch pad during an engine-firing test

A rocket belonging to Jeff Bezos' Blue Origin has exploded during a test at the launch pad

Blue Origin rocket explodes on the launch pad during an engine-firing test
Australia|Business|Economy|Environment|World

Electrical workers threaten strike at BHP iron ore port by end of June

Electrical workers at BHP's Port Hedland bulk export port in Western Australia may take strike action by end of the financial year on June 30, a union group said on Friday.

Electrical workers threaten strike at BHP iron ore port by end of June
Crime|Economy|Environment|World

Illegal miners extract billions in Amazon gold despite Brazil crackdown, Greenpeace finds

Billions of dollars worth of gold is still being extracted illegally from Brazil's Amazon rainforest, a study by

Illegal miners extract billions in Amazon gold despite Brazil crackdown, Greenpeace finds
Asia|Business|Economy|Technology

Foxconn has immense confidence in growth momentum due to AI, chairman says

Taiwan's Foxconn, the world's largest contract electronics manufacturer, has immense confidence in its growth momentum because of soaring AI demand, Chairman

Foxconn has immense confidence in growth momentum due to AI, chairman says
Business|Economy|Environment

District court denies California parks department bid to stop Sable Offshore pipeline

A U.S.

District court denies California parks department bid to stop Sable Offshore pipeline
Business|Economy|Environment|Science|Technology

Blue Origin rocket explodes on launchpad in a setback for bid to catch Musk's SpaceX

An uncrewed Blue Origin New Glenn rocket exploded on a Florida launchpad during a test on Thursday, in a major setback for Jeff Bezos’ space

Blue Origin rocket explodes on launchpad in a setback for bid to catch Musk's SpaceX
Business|Economy|Finance|Science|Technology

Samsung Electronics ships faster HBM4E chip samples to customers; shares jump

Samsung Electronics on Friday said it started shipping samples of its latest high-bandwidth memory (HBM) chip to customers, pulling ahead of rivals in

Samsung Electronics ships faster HBM4E chip samples to customers; shares jump
Economy|Environment|Political|US|World

Trump's room to maneuver narrows as US, Iran close in on framework deal

President Donald Trump finds himself in a bind as he seeks to end the war against Iran: he is under pressure to reopen the Strait of Hormuz and get

Trump's room to maneuver narrows as US, Iran close in on framework deal
Business|Economy|Finance|Stock Markets|World

New Zealand central bank governor signals earlier and steeper rate hikes

Reserve Bank of New Zealand Governor Anna Breman said on Friday interest rates were likely to increase sooner and by more than previously signalled to combat inflation.

New Zealand central bank governor signals earlier and steeper rate hikes
Business|Economy|Finance|World

New Zealand Labour says budget fails to address rising living costs

New Zealand shadow finance minister Barbara Edmonds said on Friday she backed efforts to return the government's books to surplus, but said Labour would make different

New Zealand Labour says budget fails to address rising living costs
Australia|Business|Economy|Finance|World

KPMG Australia CEO and audit head quit over whistleblower investigation

Accounting firm KPMG Australia said on Friday its CEO and head of audit had resigned because of shortcomings in the handling of a

KPMG Australia CEO and audit head quit over whistleblower investigation
Business|Economy|Science|Technology|World

Humanoids dance and thread needles as Japanese robotics developers look to outdo Chinese

The Humanoids Summit Tokyo showcases advanced robotics, highlighting China's growing influence

Humanoids dance and thread needles as Japanese robotics developers look to outdo Chinese
Economy|MidEast|Political|US|World

Vance says US not there yet on Iran, but close

U.S.

Vance says US not there yet on Iran, but close
Business|Economy|Finance|Stock Markets|World

Core inflation in Tokyo stays below BOJ goal, factory output rebounds

Annual core inflation in Japan's capital stayed below the central bank's 2% target for a fourth straight month in May, data showed on Friday, as fuel and

Core inflation in Tokyo stays below BOJ goal, factory output rebounds
Business|Crime|Economy|Finance|Political|US|World

US judge tosses Trump administration's challenge to Boston's 'sanctuary' immigration law

A federal judge threw out a lawsuit that U.S.

US judge tosses Trump administration's challenge to Boston's 'sanctuary' immigration law
Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

The Latest: Iran negotiators agree to extend ceasefire, begin nuclear talks pending Trump approval

U.S. and Iranian negotiators have reached a tentative agreement to extend the ceasefire by 60 days and start talks on Iran’s nuclear program

The Latest: Iran negotiators agree to extend ceasefire, begin nuclear talks pending Trump approval
Business|Economy|Finance|Stock Markets|Technology

Hedgeye launches ETF focusing on index inclusion candidates

Hedgeye Asset Management rolled out a new exchange-traded fund designed to profit from the forced buying on the part of index funds and

Hedgeye launches ETF focusing on index inclusion candidates
Business|Economy|Environment|Political|World

US Federal Trade Commission probes rising fertilizer prices

The U.S.

US Federal Trade Commission probes rising fertilizer prices
Business|Economy|Finance|World

RBNZ MPC member Gourley says rates likely to rise sooner rather than later

New Zealand interest rates are expected to rise "sooner rather than later", Reserve Bank of New Zealand Monetary Policy Committee member Hayley Gourley

RBNZ MPC member Gourley says rates likely to rise sooner rather than later
Business|Economy|Europe|World

UK business sentiment edges up in May, Lloyds says

British business sentiment edged up in May and is now close to its level before the Iran war, according to a monthly survey by Lloyds on Friday which contrasted with most

UK business sentiment edges up in May, Lloyds says
Business|Crime|Economy|Environment|Health

Chemical tank fatally implodes at a paper and packaging plant in Washington state

At least one person has died, nine people were injured and nine others remain unaccounted for after a large vat of chemical treatment product, including hazardous materials, imploded at a paper and packaging facility in Washington state, fire officials said.

Chemical tank fatally implodes at a paper and packaging plant in Washington state
Business|Economy|Environment|Health|Science|Technology|World

How a tank rupture disrupted life in a tight-knit Washington town that has lived with pulp mills for generations

How a tank rupture disrupted life in a tight-knit Washington town that has lived with pulp mills for generations

How a tank rupture disrupted life in a tight-knit Washington town that has lived with pulp mills for generations
Business|Economy|Sports

MLB owners propose a salary cap for the first time since baseball's 1994-95 strike

Major League Baseball owners made their long-expected salary cap proposal to the players’ association on Thursday, a system the union has vowed never to accept, setting the sides on course for a confrontation that threatens the 2027 season and perhaps beyond

MLB owners propose a salary cap for the first time since baseball's 1994-95 strike
Arts|Business|Economy|Entertainment

Caesars Entertainment, a Las Vegas Strip icon, is sold for nearly $6 billion

Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas’ Golden Nugget and chains like Rainforest Cafe and Morton’s

Caesars Entertainment, a Las Vegas Strip icon, is sold for nearly $6 billion
Business|Economy|Finance|Stock Markets|US

Costco gas stations draw more frugal Americans as prices bite

By Nicholas P.

Costco gas stations draw more frugal Americans as prices bite
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets|US

Gap, American Eagle fail to reassure investors on apparel demand; shares fall

Gap cut its annual sales forecast on Thursday and American Eagle Outfitters kept its annual comparable sales view intact, failing to reassure investors as

Gap, American Eagle fail to reassure investors on apparel demand; shares fall
Business|Economy|Finance|Stock Markets|World

Trading Day: Stocks sizzle on ceasefire extension

The S&P 500 and Nasdaq forged new record highs on Thursday, and the dollar and Treasury yields fell after the U.S. and Iran agreed to extend

Trading Day: Stocks sizzle on ceasefire extension
Economy|Political|World

Iran, US reach deal to extend ceasefire, pending Trump's approval

The United States and Iran reached an agreement on Thursday to extend their ceasefire and lift restrictions on

Iran, US reach deal to extend ceasefire, pending Trump's approval
Business|Economy|Environment|Science|Technology|World

Cheniere signs $4.69 billion deal with Bechtel to expand LNG export capacity

Cheniere Energy Partners said on Thursday it signed a contract with Bechtel Corp for engineering, procurement and construction of the first phase of its Sabine Pass LNG expansion

Cheniere signs $4.69 billion deal with Bechtel to expand LNG export capacity
Americas|Business|Economy|Environment|Political|World

Cuba sees higher risk of US military aggression as talks stall

Cuba's Deputy Foreign Minister Josefina Vidal sees the risk of U.S. military aggression against the island growing as negotiations between the nations

Cuba sees higher risk of US military aggression as talks stall
Business|Economy|Finance|Stock Markets

Apollo's president sees continued withdrawals from US private credit funds for the wealthy

Apollo Global Management President Jim Zelter said on Thursday he expects wealthy individuals to keep trying to withdraw their money from some private

Apollo's president sees continued withdrawals from US private credit funds for the wealthy
Business|Economy|Finance|Science|Technology

Apollo, Blackstone work on $36 billion debt deal for Anthropic, Bloomberg News reports

Apollo Global Management and Blackstone are working to bring in additional investors for about $36 billion debt financing tied to AI startup Anthropic PBC's efforts to expand its AI

Apollo, Blackstone work on $36 billion debt deal for Anthropic, Bloomberg News reports
Business|Economy|Finance|Stock Markets|Technology

Dell lifts forecasts as AI data center buildout fuels demand, shares soar

Dell boosted its annual revenue and profit expectations on Thursday, showing data center expansion by clients is fueling demand for its AI-optimized servers that

Dell lifts forecasts as AI data center buildout fuels demand, shares soar
Asia|Business|Economy|Political|World

North Korea not keen to engage with the US or South Korea, Singapore FM says

North Korea does not seem keen to engage with the United States, South Korea or Japan and is focused on building up its self-reliance and military deterrence,

North Korea not keen to engage with the US or South Korea, Singapore FM says
Business|Economy|Entertainment|Lifestyle|Technology

A quarter still buys a phone call in this small town

A quarter still buys a phone call in this small town

A quarter still buys a phone call in this small town
Business|Economy|Finance|Science|Stock Markets|Technology

Anthropic vaults to a $965 billion valuation with new funding as Claude demand surges

Artificial intelligence company Anthropic said Thursday it raised $65 billion in private funding that will push its valuation to $965 billion, a whopping number that makes the 5-year-old research laboratory behind the Claude chatbot one of the world’s most valuable startups as it careens toward a likely Wall Street debut

Anthropic vaults to a $965 billion valuation with new funding as Claude demand surges
Business|Economy|Sports|Technology|World

NBA's board of governors passes anti-tanking changes to draft lottery

The NBA has approved sweeping changes to the draft lottery that will strip the teams with the worst records from receiving the best odds of winning the No. 1 pick

NBA's board of governors passes anti-tanking changes to draft lottery
Business|Economy|Education|Sports

Policy shaper Cody Campbell asks college sports leaders to give bipartisan fix-it bill a chance

An architect of the Senate bill that proposes to solve problems engulfing college sports says he heard the criticism right away, along with conversations of breakaway conferences, collective bargaining and ever-spiraling spending

Policy shaper Cody Campbell asks college sports leaders to give bipartisan fix-it bill a chance
Economy|Environment|Opinion|Political|World

Trump administration pledges $100M in aid for Cuba, but only if Catholic or other faith-based groups distribute it

The timing of the offer was thorny because it coincided with the US indictment of former Cuban President Raúl Castro.

Trump administration pledges $100M in aid for Cuba, but only if Catholic or other faith-based groups distribute it
Business|Economy|Political|World

US imposes fresh sanctions on Iran's military oil sales, Treasury says

The U.S. said on Thursday it has imposed new sanctions on Iran's military oil trade, even as Washington and Tehran reached a tentative agreement to extend their

US imposes fresh sanctions on Iran's military oil sales, Treasury says
Americas|Business|Economy|Finance|Political|US

New York state budget includes New York City tax on high-end second homes

New York State Governor Kathy Hochul on Thursday signed a state budget that includes a progressive surcharge on luxury second homes in New York City, a

New York state budget includes New York City tax on high-end second homes
Americas|Business|Economy|Political|World

Bolivian minister rules out president's resignation despite ongoing unrest

A Bolivian senior minister on Thursday ruled out any possibility of President Rodrigo Paz resigning and told

Bolivian minister rules out president's resignation despite ongoing unrest
Business|Economy|US

Bessent says he had breakfast with Fed's Warsh on Thursday

U.S. Treasury Secretary Scott Bessent said he had breakfast with new Federal Reserve chair Kevin Warsh on Thursday.

Bessent says he had breakfast with Fed's Warsh on Thursday
Business|Economy|Environment|Lifestyle

Kansas farmers face tough wheat season amid drought, rising costs

Kansas farmers face tough wheat season amid drought, rising costs

Kansas farmers face tough wheat season amid drought, rising costs
Business|Economy|Europe|Technology|World

Chinese online retailer Temu hit with $232 million fine over unsafe toys and electronics

European Union regulators have fined Chinese online retailer Temu for failing to protect consumers from illegal products

Chinese online retailer Temu hit with $232 million fine over unsafe toys and electronics
Business|Economy|Education|Science|Technology

AI is changing this job so fast the interview process can’t keep up

AI is changing this job so fast the interview process can’t keep up

AI is changing this job so fast the interview process can’t keep up
Business|Economy|Environment|Political|World

America’s pile of emergency oil is shrinking fast

America’s pile of emergency oil is shrinking fast

America’s pile of emergency oil is shrinking fast
Business|Economy|Political|US|World

Republicans' recent stumbles in Congress highlight the difficult road ahead for their agenda

Republicans' stumble on an immigration funding bill is raising questions about other parts of their legislative agenda

Republicans' recent stumbles in Congress highlight the difficult road ahead for their agenda
Business|Crime|Economy|Europe|World

Italy seizes gold, luxury villas and cash tied to Sicilian Mafia drug-trafficking gains

Italian authorities have seized over $232 million in assets linked to the late mafia boss Matteo Messina Denaro’s drug trafficking network

Italy seizes gold, luxury villas and cash tied to Sicilian Mafia drug-trafficking gains
Business|Economy|Europe|World

‘I made my own coffee’: BP chair hints cost-cutting push led to his ouster as he hits back at ‘lies’

‘I made my own coffee’: BP chair hints cost-cutting push led to his ouster as he hits back at ‘lies’

‘I made my own coffee’: BP chair hints cost-cutting push led to his ouster as he hits back at ‘lies’
Business|Economy|Health|Political

Americans are dropping out of Obamacare, especially in Kentucky

More Americans are dropping out or being kicked off Obamacare health insurance for non-payment than in past years, according to data

Americans are dropping out of Obamacare, especially in Kentucky
Business|Economy|Entertainment|Sports|Technology

Hospitality baron Fertitta expands leisure push with $18 billion Caesars buyout

Hospitality billionaire Tilman Fertitta's firm will buy Caesars Entertainment in a $17.6 billion deal, the companies said on Thursday, expanding his leisure

Hospitality baron Fertitta expands leisure push with $18 billion Caesars buyout
Asia|Business|Economy|Finance|World

Japan, Philippines to discuss information sharing pact to ease arms exports

Japan and the Philippines said on Thursday they would begin talks on an agreement to share classified information to allow Tokyo to step up transfers of military equipment to

Japan, Philippines to discuss information sharing pact to ease arms exports
Business|Economy|Science|Technology

IBM to invest $10 billion for large-scale quantum computer by 2029

IBM said on Thursday it plans to invest more than $10 billion in quantum computing over five years as it aims to build by 2029 the first large-scale quantum computer capable of

IBM to invest $10 billion for large-scale quantum computer by 2029
Business|Economy|Finance|Stock Markets|US

Dollar Tree raises annual profit forecast on steady demand, shares jump

Dollar Tree raised its annual profit forecast on Thursday, buoyed by resilient demand for affordable essentials from budget‑conscious consumers and efforts to

Dollar Tree raises annual profit forecast on steady demand, shares jump
Business|Economy|Finance|Political|World

Brazil's lower house approves Lula-backed proposal to cut work week

Brazil's lower house approved late on Wednesday a constitutional amendment reducing the workweek, a measure that President Luiz Inacio Lula da Silva hopes to use as a

Brazil's lower house approves Lula-backed proposal to cut work week
Business|Economy|Finance|Stock Markets|Technology|US|World

Best Buy forecasts upbeat sales as AI gadgets boost demand; shares rise

Best Buy on Thursday forecast second-quarter sales above Wall Street estimates after beating quarterly expectations on steady demand for AI-powered smartphones and

Best Buy forecasts upbeat sales as AI gadgets boost demand; shares rise
Business|Economy|Education|Election|Finance|Political|World

Uribe's protege Valencia seeks to become Colombia’s first female president

Right-wing Colombian lawyer and senator Paloma Valencia is running to become her country's first female president in a Sunday presidential contest,

Uribe's protege Valencia seeks to become Colombia’s first female president
Business|Economy|Finance|Science|Technology

Private equity firm EQT partners with Google Cloud for AI rollout

EQT has partnered with Alphabet's

Private equity firm EQT partners with Google Cloud for AI rollout
Economy|Education|Finance|Political|World

Leftist Colombia presidential candidate Cepeda pledges to step up economic, social reforms

Leftist Colombian activist and Senator Ivan Cepeda, whose youth was marked by exile and his father's murder at the hands of right-wing paramilitaries, is

Leftist Colombia presidential candidate Cepeda pledges to step up economic, social reforms
Business|Economy|Health|Science|Technology

CVS brings back coverage for Lilly's obesity drug Zepbound

CVS Health will restore Eli Lilly's weight-loss injection Zepbound to its list of covered drugs and add the drugmaker's newly approved obesity pill, Foundayo, it

CVS brings back coverage for Lilly's obesity drug Zepbound
Business|Economy|Finance|Travel

Costlier flights, hotels divide US summer travel into haves and have-nots

Rising airfares and hotel rates are making budget-conscious Americans delay or cancel summer trips while wealthy travelers are holding fast to

Costlier flights, hotels divide US summer travel into haves and have-nots
Business|Economy|Finance|Stock Markets|World

Three months, and counting

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets It’s now a full three months into the Iran war, and the United States

Three months, and counting
Business|Economy|Finance|Stock Markets|World

Inflation challenges US Treasuries' traditional role in portfolios

A selloff in government bonds is testing one of the most basic assumptions in markets: that Treasuries and other high-quality debt will cushion portfolios when

Inflation challenges US Treasuries' traditional role in portfolios
Business|Economy|World

US, Mexico launch formal trade talks, haggle over automotive content rules

U.S. and Mexican negotiators began formal talks to revamp the North American trade deal on Thursday, with Washington demanding stricter

US, Mexico launch formal trade talks, haggle over automotive content rules
Asia|Business|Economy|World

More than half of Asia-Pacific's rich worry about recession, Lombard Odier says

More than half of wealthy individuals in Asia-Pacific consider an economic recession their biggest worry over the next three years, a survey by Lombard Odier found, and

More than half of Asia-Pacific's rich worry about recession, Lombard Odier says
Business|Economy|Europe|World

No Chinese subsidies involved in Ceconomy deal, JD.com says

JD.com's acquisition of German retailer Ceconomy will not be financed by Chinese subsidies, the Chinese online retailer said on Thursday after EU antitrust regulators

No Chinese subsidies involved in Ceconomy deal, JD.com says
Business|Economy|Food

Hormel Foods tops quarterly estimates on strong demand for protein-rich foods   

Skippy peanut butter maker Hormel Foods beat second-quarter sales and profit estimates on Thursday, helped by strong demand for its chicken and turkey products. 

Hormel Foods tops quarterly estimates on strong demand for protein-rich foods   
Business|Economy|Europe|Health|World

France becomes first EU country to reimburse anti-obesity drugs, minister says

France will reimburse the cost of weight-loss drugs prescribed to severely obese patients from mid-June in a first for a European Union

France becomes first EU country to reimburse anti-obesity drugs, minister says
Business|Economy|Europe|Technology|World

JD.com's Ceconomy deal involves Chinese subsidies, EU regulators warn

Chinese e-commerce giant JD.com's $2.5 billion bid for German electronics retailer Ceconomy may involve Chinese subsidies, European Union competition

JD.com's Ceconomy deal involves Chinese subsidies, EU regulators warn
Business|Economy|Technology|World

IBM commits $5 billion to secure open-source software

IBM said on Thursday it has committed $5 billion to an initiative that will deploy engineers and AI tools to help companies better secure open source software.

IBM commits $5 billion to secure open-source software
Economy|Political|World

Ethiopian leader Abiy's party set to dominate elections despite insecurity

Ethiopians will vote in parliamentary and regional elections on Monday that Prime Minister Abiy Ahmed’s party is expected to dominate despite significant unrest across much

Ethiopian leader Abiy's party set to dominate elections despite insecurity
Business|Economy|Environment|Europe|World

EU says jet fuel market to get tighter if Hormuz situation does not improve

The market for jet fuel in the European Union could get tighter if the situation in the Strait of Hormuz does not improve within weeks, said the European Commission on

EU says jet fuel market to get tighter if Hormuz situation does not improve
Business|Economy|Finance|Stock Markets|US

Key inflation gauge worsens as Americans' income and spending power erodes

A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances

Key inflation gauge worsens as Americans' income and spending power erodes
Business|Economy|Finance|Stock Markets|US|World

Inflation is at a three-year high — and now many Americans are burning through their savings

Inflation is at a three-year high — and now many Americans are burning through their savings

Inflation is at a three-year high — and now many Americans are burning through their savings
Economy|World

US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertainty

More Americans sought unemployment benefits last week, but layoffs remain low despite economic uncertainty caused by the Iran war

US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertainty
Business|Economy|Political|World

Carney seeks new US-Canada partnership as world undergoes 'rupture'

By Michael S.

Carney seeks new US-Canada partnership as world undergoes 'rupture'
Business|Economy|Finance

Fed Chair Warsh's preferred inflation measure is cooling. A big pinch of salt is advised

One of new Federal Reserve Chairman Kevin Warsh's favorite inflation measures came in cool again on Thursday, offering evidence for his belief that inflation is

Fed Chair Warsh's preferred inflation measure is cooling. A big pinch of salt is advised
Economy|Political|World

India's Gen Z ‘Cockroach’ party channels youth anger but faces offline hurdles

The largest online expression of dissent against Indian Prime Minister Narendra Modi’s 12-year rule began with a satirical riposte to

India's Gen Z ‘Cockroach’ party channels youth anger but faces offline hurdles
Business|Economy|Entertainment|Sports|Travel

Metro Atlanta short-term rental hosts hopeful for Men's World Cup boom to bookings

Metro Atlanta short-term rental hosts hopeful for Men's World Cup boom to bookings

Metro Atlanta short-term rental hosts hopeful for Men's World Cup boom to bookings
Business|Economy|Finance|US|World

US first-quarter GDP growth revised lower to 1.6% pace

U.S. economic growth was not a strong as initially thought in the first quarter, and momentum is set to slow this quarter, with the war with Iran stoking inflation and

US first-quarter GDP growth revised lower to 1.6% pace
Business|Economy|Finance|World

Brazil economic growth expected to have picked up in Q1 on stronger manufacturing

Brazil's economy is expected to have grown faster in the first quarter against the last three months of 2025 aided by stronger manufacturing activity,

Brazil economic growth expected to have picked up in Q1 on stronger manufacturing
Business|Economy|Finance|Stock Markets|World

Wall Street ends higher, Brent crude eases on reports of US-Iran truce extension

U.S. stocks advanced on Thursday and European shares pared their losses following reports that the United States and Iran have reached an agreement to

Wall Street ends higher, Brent crude eases on reports of US-Iran truce extension
Business|Economy|Finance|Stock Markets|Technology|US|World

US core capital goods orders fall in April

New orders for key U.S.-manufactured capital goods unexpectedly fell in April after hefty gains in the prior months, but demand remains underpinned by an artificial

US core capital goods orders fall in April
Business|Economy|Finance|Stock Markets|US|World

Fed's Williams: Productivity shifts hard to spot in real time

Federal Reserve Bank of New York President John Williams said Thursday it’s hard to spot fundamental shifts in the level of productivity as they are happening.

Fed's Williams: Productivity shifts hard to spot in real time
Economy|Europe|World

Poland to finalise $27 billion in military deals under EU SAFE by end-May, PM says

Poland will sign agreements by the end of May to finance military equipment worth 100 billion zlotys ($27.41 billion) under the European Union's SAFE program worth 43.7

Poland to finalise $27 billion in military deals under EU SAFE by end-May, PM says
Business|Economy|Environment|Finance|Food

Tyson Foods taps board member to succeed veteran King as CEO

U.S. meatpacker Tyson Foods said on Thursday that board member and former Procter & Gamble executive Jeff Schomburger will take over as CEO from

Tyson Foods taps board member to succeed veteran King as CEO
Business|Economy|Finance|World

Key US inflation measure posts largest annual increase in three years

U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices due to the Iran war and cementing economists'

Key US inflation measure posts largest annual increase in three years
Business|Economy|Finance|Science|Stock Markets|Technology

Nebius shares hit two-week high as former OpenAI employee's fund buys stake

Nebius Group's shares climbed 9% on Thursday after a fund run by former OpenAI employee Leopold Aschenbrenner disclosed a stake in the AI infrastructure firm.

Nebius shares hit two-week high as former OpenAI employee's fund buys stake
Business|Economy|Finance|US|World

US weekly jobless claims increase marginally amid low layoffs

The number of Americans filing claims for unemployment benefits increased marginally last week amid relatively low layoffs, despite the dragging war with Iran.

US weekly jobless claims increase marginally amid low layoffs
Business|Economy|Finance|Science|Stock Markets|Technology

From biotech to orbit: Rocket One's AI and space rebrand sends shares flying

Shares of biotech-turned-AI company Rocket One jumped almost 40% on Thursday as the company rebranded to capitalize on hot investment themes, a strategy many

From biotech to orbit: Rocket One's AI and space rebrand sends shares flying
Economy|Europe|Political|World

Bulgaria aims to raise defence spending to 5% of GDP, PM Radev says

Bulgaria is keen to respect its commitment to NATO and increase its defence spending to 5% of its gross domestic product, Prime Minister Rumen Radev said on Thursday.

Bulgaria aims to raise defence spending to 5% of GDP, PM Radev says
Business|Economy|Finance|Political|Technology

US Treasury rolls out Trump Accounts app nationwide

The U.S.

US Treasury rolls out Trump Accounts app nationwide
Asia|Business|Economy|Europe|Finance|Political|Stock Markets|World

Russia says US missiles in Japan for drills would threaten Russia

Russia's foreign ministry said on Thursday that allowing U.S. missile systems to be deployed on Japanese territory as part of military drills would threaten the security of

Russia says US missiles in Japan for drills would threaten Russia
Economy|Europe|Finance|World

ECB's hold decision in April was close call for some, accounts show

The European Central Bank's decision to keep rates unchanged in April was a close call for some policymakers as persistently high inflation made it increasingly hard to

ECB's hold decision in April was close call for some, accounts show
Africa|Arts|Asia|Business|Economy|Environment|Europe|MidEast|World

Baton Rouge to Melbourne: Iran war and rising prices upend jet fuel trade

From Antwerp to the Seychelles, Baton Rouge to Melbourne, or New York to Namibia, the closure of the Strait of Hormuz has upended

Baton Rouge to Melbourne: Iran war and rising prices upend jet fuel trade
Business|Economy|Political|US|World

Pakistan Foreign Minister Dar to visit Washington on Friday, meet Rubio

Pakistani Foreign Minister Ishaq Dar will visit Washington on Friday where he will meet with U.S.

Pakistan Foreign Minister Dar to visit Washington on Friday, meet Rubio
Business|Economy|Environment|Finance|Science|Technology|World

It’s not just high gas prices – inflation is now spreading through the US economy

A key challenge for the Federal Reserve is that higher gas prices are inflationary, but they also reduce households’ spending power and dampen growth.

It’s not just high gas prices – inflation is now spreading through the US economy
Business|Economy|Political|Technology|US

US regulator tries to withdraw penalty against Trump donors’ crypto company

US regulator tries to withdraw penalty against Trump donors’ crypto company

US regulator tries to withdraw penalty against Trump donors’ crypto company
Business|Economy|Environment|Technology|World

Xpeng projects quarterly revenue below estimates on weak EV demand

Electric vehicle maker Xpeng on Thursday forecast second-quarter revenue below market expectations, underscoring a prolonged slowdown in demand and stiff competition in the Chinese

Xpeng projects quarterly revenue below estimates on weak EV demand
Business|Economy|Environment|Finance|Stock Markets|US|World

Federal regulator pauses review of Union Pacific, Norfolk Southern's $85 billion merger

The U.S.

Federal regulator pauses review of Union Pacific, Norfolk Southern's $85 billion merger
Business|Economy|World

US warns Oman not to engage in facilitating tolls for Strait of Hormuz

The United States warned Oman on Thursday not to get directly or indirectly involved in any effort to impose a toll in the Strait of Hormuz, saying it will penalize any

US warns Oman not to engage in facilitating tolls for Strait of Hormuz
Business|Economy|Science|Technology

Groq raising up to $650 million from existing investors, source says

Groq is raising up to $650 million from existing investors, a source familiar with the matter told Reuters on Thursday, after the AI chip startup signed a $17 billion licensing deal

Groq raising up to $650 million from existing investors, source says
Business|Economy|Political|World

US removing 76 names from sanctions blacklist in move meant to strengthen program

The U.S.

US removing 76 names from sanctions blacklist in move meant to strengthen program
Economy|Europe|Political|World

Latvia parliament approves new government after drone dispute topples coalition

NATO and EU member Latvia's parliament on Thursday approved the formation of a new government, making centre-right opposition lawmaker

Latvia parliament approves new government after drone dispute topples coalition
Business|Economy|World

Wall Street pushes to more records as profits keep piling up for US companies

U.S. stocks pushed to more records as profits keep piling up for companies like Dollar Tree, Snowflake and Hormel Foods

Wall Street pushes to more records as profits keep piling up for US companies
Business|Economy|Finance|Political|World

Brazil's central bank will not let higher inflation expectations take hold, says director

Brazil's central bank will not allow higher inflation expectations to translate into actual inflation, monetary policy director Nilton David said on

Brazil's central bank will not let higher inflation expectations take hold, says director
Business|Economy|Finance|World

US new home sales slump in April amid higher mortgage rates, prices

Sales of new U.S. single-family homes fell in April as the boost from better weather faded and mortgage rates remained elevated.

US new home sales slump in April amid higher mortgage rates, prices
Business|Economy|Finance|Technology

Fed's Musalem says it's risky to bet that AI will ease inflation

St.

Fed's Musalem says it's risky to bet that AI will ease inflation
Business|Economy|World

Fed's Williams reiterates rate policy is in right place given outlook

By Michael S.

Fed's Williams reiterates rate policy is in right place given outlook
Business|Economy|Finance|World

Sri Lanka monetary stance appropriate, 3% growth target within reach, IMF says

Sri Lanka's monetary stance is broadly appropriate, and the country still has strong potential to reach the International Monetary Fund's 3% growth

Sri Lanka monetary stance appropriate, 3% growth target within reach, IMF says
Business|Economy|Finance

FULL TEXT-Bank of Canada says financial system has functioned well

The Bank of Canada released the following statement by senior deputy governor Carolyn Rogers and deputy governor Toni Gravelle on Thursday: "Good morning.

FULL TEXT-Bank of Canada says financial system has functioned well
Economy|Finance|Political|Stock Markets|World

Bank of Canada says financial system is solid, but vulnerabilities have grown

The Canadian financial system is in good shape but vulnerabilities are growing amid a highly volatile economic and geopolitical

Bank of Canada says financial system is solid, but vulnerabilities have grown
Business|Economy|Environment|Political|World

UN chief eyes leadership cuts as part of reform push

The United Nations aims to reduce and abolish senior leadership positions over the next two years as part of its reforms, its Secretary-General said on

UN chief eyes leadership cuts as part of reform push
Business|Economy|Europe|Science|Technology

Anthropic to boost hiring in Europe after opening Milan office

Anthropic will continue expanding in Europe after opening its sixth office on the continent in Milan on Thursday, Chris Ciauri, managing director for international at the U.S

Anthropic to boost hiring in Europe after opening Milan office
Business|Economy|Finance|Stock Markets|US|World

Inflation rises but isn't hotter than expected while GDP slips

Estimated U.S. economic growth for the first quarter was revised lower on Thursday and a closely watched measure of price pressures came in largely in line with

Inflation rises but isn't hotter than expected while GDP slips
Business|Economy|Finance|MidEast|Political|Stock Markets|World

Wall St muted as investors asses inflation data, Mideast peace prospects

Wall Street's main indexes opened flat on Thursday as investors processed key inflation data, while intensifying tensions between the U.S. and Iran kept optimism surrounding a peace

Wall St muted as investors asses inflation data, Mideast peace prospects
Americas|Business|Crime|Economy|Political|US|World

Trump review that could shutter Mexican consulates stokes worries

The Trump administration's review of Mexico's 53 U.S. consulates has stoked worries among Mexicans in the U.S. that some could be shuttered, making it harder for them to access important services

Trump review that could shutter Mexican consulates stokes worries
Arts|Business|Economy|Entertainment|Lifestyle|Technology

‘It’s insulting’: Ferrari fans have given their verdict on its first electric car, and it’s not good

‘It’s insulting’: Ferrari fans have given their verdict on its first electric car, and it’s not good

‘It’s insulting’: Ferrari fans have given their verdict on its first electric car, and it’s not good
Business|Crime|Economy|Education|Entertainment|Environment|Finance|Lifestyle|Political|US

SDPOA demands immediate action on patrol staffing shortages after deadly Islamic Center attack

SDPOA demands immediate action on patrol staffing shortages after deadly Islamic Center attack

SDPOA demands immediate action on patrol staffing shortages after deadly Islamic Center attack
Business|Crime|Economy|Entertainment|Environment|Lifestyle

Mother struggles after inflatable display damages car during windstorm

Mother struggles after inflatable display damages car during windstorm

Mother struggles after inflatable display damages car during windstorm
Business|Economy|Environment|Technology

Protesters confront Box Elder County commissioners who approved Stratos Project data center

Protesters confront Box Elder County commissioners who approved Stratos Project data center

Protesters confront Box Elder County commissioners who approved Stratos Project data center
Business|Crime|Economy|Technology|World

Google employee charged with using confidential search data to make $1.2 million on Polymarket

U.S. prosecutors slapped insider trading charges against a Google employee this week, alleging the software engineer used confidential company information to pocket more than $1.2 million on prediction market platform Polymarket

Google employee charged with using confidential search data to make $1.2 million on Polymarket
Business|Economy|Finance|Technology|US

Germany's DHL hires US Postal Service for last-mile US parcel deliveries

The U.S.

Germany's DHL hires US Postal Service for last-mile US parcel deliveries
Business|Economy|Finance|Stock Markets

Fed policymakers eye rate hike scenarios as AI debate deepens

A growing number of U.S. central bankers say there may be a case for raising interest rates if inflation does not ease soon, even as they express skepticism over the

Fed policymakers eye rate hike scenarios as AI debate deepens
Business|Economy|Environment|Science|Technology|World

Energy use forcing rethink of AI chip design, TSMC says

A senior TSMC executive said on Thursday that surging electricity demands from AI are making energy efficiency rather than computing power the main

Energy use forcing rethink of AI chip design, TSMC says
Business|Economy|Finance|Science|Technology

Microsoft to release new coding model next week, the Information reports

Microsoft will unveil a suite of new homegrown AI models next week at its annual "Build" conference for developers in San Francisco, including a coding model to boost the usage of

Microsoft to release new coding model next week, the Information reports
Business|Economy|Europe|World

EU praises Bulgaria progress but sets August deadline for reform-linked aid

The European Commission praised Bulgaria's progress in establishing an independent anti-corruption office and said on Thursday the country had to keep up its reform

EU praises Bulgaria progress but sets August deadline for reform-linked aid
Economy|Europe|Political|World

UK's Starmer defends his government against Blair criticism

Prime Minister Keir Starmer defended his government on Thursday against criticism from Labour's longest-serving premier, Tony Blair, saying his ministers had adopted the

UK's Starmer defends his government against Blair criticism
Americas|Business|Economy|Election|Finance|Political|World

Mexican Congress backs amendment so elections can be annulled for foreign interference

Mexico's Congress on Thursday approved a constitutional amendment that would allow for elections to be annulled if evidence of foreign interference was found, a move

Mexican Congress backs amendment so elections can be annulled for foreign interference
Business|Economy|Finance|Political|US|World

Trump admin planning to potentially put president’s image on commemorative $250 bill

Trump admin planning to potentially put president’s image on commemorative $250 bill

Trump admin planning to potentially put president’s image on commemorative $250 bill
Arts|Business|Economy|Finance|Political|US

Treasury Department confirms it has taken limited steps toward a $250 bill featuring Donald Trump

A U.S. Treasury Department spokesperson confirms the agency is taking steps toward creating a $250 bill featuring President Donald Trump

Treasury Department confirms it has taken limited steps toward a $250 bill featuring Donald Trump
Business|Economy|Finance|Travel

Southwest sees no demand hit from fare hikes, eyes broader premium push

Southwest Airlines CEO Bob Jordan said on Wednesday the carrier has seen no drop-off in demand after joining seven industry fare increases since

Southwest sees no demand hit from fare hikes, eyes broader premium push
Business|Economy|Finance|World

Brazil creates fewer formal jobs than expected in April

Brazil's economy created a net 85,888 formal jobs in April, data from the Labor Ministry showed on Thursday, well below the 230,000 net openings expected by economists in

Brazil creates fewer formal jobs than expected in April
Economy|Environment

FACT FOCUS: Trump says Obama and Biden spent 'hundreds of millions' on reflecting pool. They did not

President Donald Trump has claimed that the Obama and Biden administrations spent “hundreds of millions of dollars” to fix the Lincoln Memorial Reflecting Pool and alleged that renovations he is currently overseeing will be much more economical

FACT FOCUS: Trump says Obama and Biden spent 'hundreds of millions' on reflecting pool. They did not
Business|Economy|Science|Technology

Anthropic's valuation surges to $965 billion, surpassing OpenAI

Anthropic said on Thursday it has raised $65 billion at a post-money valuation of $965 billion, as it aims to bolster computing capacity to meet growing demand for chatbot Claude

Anthropic's valuation surges to $965 billion, surpassing OpenAI
Business|Economy|Finance|Stock Markets|World

Brazil's government, federal district agree on BRB loan deal

Brazil's government and the Federal District have reached a deal for a loan to support struggling state-run lender BRB, a court document showed on Thursday.

Brazil's government, federal district agree on BRB loan deal
Business|Economy|Environment|Europe|Political|World

Iceland's parliament votes to hold referendum on EU accession talks in August

Iceland's parliament on Thursday voted in favour of holding an August 29 referendum to begin European Union accession talks, supporting the government's two-step plan

Iceland's parliament votes to hold referendum on EU accession talks in August
Business|Economy|Finance|Stock Markets|World

Ousted BP Chair met activist shareholder Elliott without direct knowledge of other directors, sources say

Ousted BP Chairman Albert Manifold met with activist shareholder Elliott Management during his tenure without telling fellow board members directly, two

Ousted BP Chair met activist shareholder Elliott without direct knowledge of other directors, sources say
Business|Economy

US Postal Service halts non-essential spending as cash crisis deepens

The U.S. Postal Service said Thursday it is suspending non-essential spending on travel, office supplies and consultants as it faces a mounting cash crisis.

US Postal Service halts non-essential spending as cash crisis deepens
Economy|Europe|Political|World

Hungarian PM Magyar says deal on EU funds close

Hungarian Prime Minister Peter Magyar on Thursday said a deal on releasing frozen European Union funds was "very close" as there is agreement with Brussels on many issues,

Hungarian PM Magyar says deal on EU funds close
Business|Economy|Finance|Stock Markets|US

Fed's Musalem says he wanted to remove 'easing bias'

St Louis Federal Reserve President Alberto Musalem on Thursday said that he was one of several U.S. central bankers last month who felt the Fed should remove the "easing bias" from

Fed's Musalem says he wanted to remove 'easing bias'
Economy|World

Russia ratchets up pressure on Armenia ahead of June election

Russia sharply criticised Armenia on Thursday for drawing closer to the EU, saying it was not pursuing a balanced position towards

Russia ratchets up pressure on Armenia ahead of June election
Business|Economy|Environment|Science|Technology

Ohio suspends data center tax break as tech firms face pressure to pay the cost to power AI

Ohio is suspending a tax break that has been critical to its competition with other states to attract the massive new facilities that power and train artificial intelligence chatbots

Ohio suspends data center tax break as tech firms face pressure to pay the cost to power AI
Business|Economy|Finance|Stock Markets|Technology

Uber raises stake in Delivery Hero ahead of fresh bid, sources say

Uber has raised its stake in Germany's Delivery Hero to nearly 37% from 25% after buying a stake from fellow shareholder Aspex Management, according to regulatory

Uber raises stake in Delivery Hero ahead of fresh bid, sources say
Business|Economy|Environment|World

Australia launches record $1.4B lawsuit against 3M over 'forever chemicals' at defense bases

Australia is suing the U.S. company 3M for over $1.4 billion due to contamination from “forever chemicals” in firefighting foam at defense bases

Australia launches record $1.4B lawsuit against 3M over 'forever chemicals' at defense bases
Business|Economy|Environment|World

Chevron files request to acquire offshore Greek block, energy ministry says

U.S. oil major Chevron has filed an official request to take over a 70% stake from Greece's Helleniq Energy  in an offshore block southwest of Greece, the Greek energy

Chevron files request to acquire offshore Greek block, energy ministry says
Business|Economy|Finance|World

BOJ rate hike timing secondary to economy's readiness, ex-BOJ Deputy Governor Wakatabe says

Former Bank of Japan Deputy Governor Masazumi Wakatabe said on Thursday that the timing of a potential interest rate hike is less important than whether the economy can

BOJ rate hike timing secondary to economy's readiness, ex-BOJ Deputy Governor Wakatabe says
Asia|Business|Economy|Finance|World

PBOC tells Chinese banks to boost May lending as credit weakness persists, sources say

China's central bank has instructed banks to boost lending this month, people with knowledge of the matter said, underscoring Beijing's continued efforts to support an economy

PBOC tells Chinese banks to boost May lending as credit weakness persists, sources say
Business|Economy|Finance|Stock Markets|World

Wealthy families cut dollar exposure, survey finds

The world's richest families are trimming exposure to the U.S. dollar as geopolitical tensions and rising sovereign debt drive a broader rethink of portfolio risk, UBS said

Wealthy families cut dollar exposure, survey finds
Business|Economy|Europe|MidEast|World

European shares dip as Middle Eastern developments keep investors wary

European shares closed lower on Thursday, though they pared steeper losses after a report on news outlet Axios said the United States and Iran

European shares dip as Middle Eastern developments keep investors wary
Business|Economy|Europe

KKR to open Milan office as U.S. private equity giant deepens Italy push

KKR & Co said on Thursday it would open an office in Milan as the U.S. private equity firm looks to expand its presence in Italy after significant investments in the telecoms

KKR to open Milan office as U.S. private equity giant deepens Italy push
Business|Economy|Science|Technology|World

Musk says SpaceX agreed only six-month Colossus AI lease to Anthropic

SpaceX CEO Elon Musk said on Thursday the IPO-bound company had only agreed to lease its Colossus AI training data center clusters to Anthropic for six months, though he added it

Musk says SpaceX agreed only six-month Colossus AI lease to Anthropic
Business|Economy|Finance|Stock Markets|World

Japan banks battle to secure deposits as savers chase market highs

Japanese banks are, in a historic shift, competing to shore up their deposit base as lending opportunities grow and consumers, seeking to

Japan banks battle to secure deposits as savers chase market highs
Business|Economy|Technology|World

Boeing CEO says 200-jet China deal an 'initial tranche' with more to come

China's commitment to buy 200 Boeing jets during a recent visit by U.S.

Boeing CEO says 200-jet China deal an 'initial tranche' with more to come
Business|Economy|World

Oil prices settle in mixed direction on conflicting reports of US-Iran ceasefire deal

Oil prices settled mixed on Thursday after a choppy trading session, as traders mulled conflicting reports of progress on a potential deal to extend a

Oil prices settle in mixed direction on conflicting reports of US-Iran ceasefire deal
Business|Economy|Technology

Snowflake jumps as AWS deal, upbeat forecast lift lagging sentiment

By Kanishka Ajmera and Deborah Mary Sophia May 28 - Snowflake shares surged more than 33% on Thursday after the company raised its annual revenue forecast and a $6 billion deal with Amazon bolstered

Snowflake jumps as AWS deal, upbeat forecast lift lagging sentiment
Business|Economy|Technology|World

Europe less able than US to contain crypto-bank shocks, UniCredit director says

Europe may struggle to respond to risks from links between crypto assets and banks in the way U.S. authorities contained damage during the 2023 Silicon Valley Bank (SVB)

Europe less able than US to contain crypto-bank shocks, UniCredit director says
Business|Economy|Science|Technology

Japan state-backed fund considering sale of chipmaking materials maker JSR, sources say

Japan Investment Corp (JIC), a state-backed fund, is considering selling JSR, two people familiar with the matter said, two years after it took

Japan state-backed fund considering sale of chipmaking materials maker JSR, sources say
Business|Economy|Finance|Political|Stock Markets|US|World

S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire

The S&P 500 and the Nasdaq posted record closing highs on Thursday after news reports said the U.S. and Iran had reached a

S&P 500 and Nasdaq hit record closing highs as US and Iran agree to extend ceasefire
Business|Economy|Finance|Technology|World

China works on AI token futures market, sources say, in race with US

China is designing a futures market for AI tokens, sources familiar with the matter said, as the country potentially takes a different tack to U.S. exchanges developing compute

China works on AI token futures market, sources say, in race with US
Business|Economy|Finance|World

Dollar set to weaken long-term, Europe has work to do, JPMorgan AM, Euroclear execs say

The U.S. dollar will likely weaken over the long-term given concerns over elevated debt levels in the world's biggest economy, the EMEA CEO of JPMorgan Asset Management said

Dollar set to weaken long-term, Europe has work to do, JPMorgan AM, Euroclear execs say
Business|Economy|Europe|Political|World

Ukraine to buy 20 new Gripen jets, Sweden to donate older jets sooner

Ukraine will buy 20 new Gripen fighter jets and Sweden will donate 16 of an older model next year, Ukraine's President Volodymyr

Ukraine to buy 20 new Gripen jets, Sweden to donate older jets sooner
Economy|Travel|World

New Taiwan-Japan ferry service debuts on ship that has war evacuation role

A new ferry service to serve booming tourism between Taiwan and Japan began on Thursday on a ship that could be pressed into service to

New Taiwan-Japan ferry service debuts on ship that has war evacuation role
Business|Economy|Europe|World

Italy consumer confidence recovers in May but business morale slides

Morale among Italian consumers recovered against expectations in May after recent declines, but business morale fell to an 8-month low, data showed on Thursday, in mixed signs

Italy consumer confidence recovers in May but business morale slides
Business|Economy|Finance|Stock Markets|US|World

US dollar weakens on reports of ceasefire deal between US and Iran

The U.S. dollar fell against major currencies on Thursday after reports the U.S. and Iran had reached an agreement to extend a ceasefire, though several similar

US dollar weakens on reports of ceasefire deal between US and Iran
Economy|Europe|Political|World

Ukraine ratifies €90 billion EU loan to boost spending on defence

Ukraine's parliament ratified a loan agreement with the European Union on Thursday, paving the way for €90 billion in financing and allowing the government to

Ukraine ratifies €90 billion EU loan to boost spending on defence
Business|Economy|Political|Technology|World

Taiwan says US has no timetable for chip tariffs, preferential terms already agreed

The U.S. has no timetable for levying Section 232 tariffs on semiconductors but preferential terms have already been agreed under a January trade deal, Taiwan Vice Premier

Taiwan says US has no timetable for chip tariffs, preferential terms already agreed
Business|Economy|Technology|Travel

In a tourist-friendly move, China's Tencent to allow PayPal payments through its WeChat networks

Tencent says users of PayPal will be able to make payments in China using QR codes through WeChat Pay's extensive merchant network, in a tourism friendly move

In a tourist-friendly move, China's Tencent to allow PayPal payments through its WeChat networks
Business|Economy|World

Fed's Jefferson says he is focusing on inflation as US labour market 'very resilient'

Federal Reserve Vice Chair Philip Jefferson said on Thursday it was appropriate to focus on returning inflation to the central bank's 2% target given the U.S.

Fed's Jefferson says he is focusing on inflation as US labour market 'very resilient'
Business|Economy|Technology

Trump administration in talks to fund US drone companies, WSJ reports

The Trump administration is in talks to provide funding to some drone companies, including Unusual Machines and Sequoia Capital-backed Neros, the Wall Street Journal reported on

Trump administration in talks to fund US drone companies, WSJ reports
Business|Economy|Environment|Health|Science|World

Australia sues 3M for $1.4 billion over PFAS 'forever chemicals' contamination

The Australian government said on Thursday it had launched legal action against 3M over contamination from firefighting foam supplied by the U.S. company

Australia sues 3M for $1.4 billion over PFAS 'forever chemicals' contamination
Business|Economy|Political|World

Japan eyes 'bridging bonds' to fund investment schemes, party draft shows

Japan's ruling party will propose issuing "bridging bonds" to fund flagship programmes aimed at boosting growth and economic security, a

Japan eyes 'bridging bonds' to fund investment schemes, party draft shows
Business|Economy|Environment|World

Toyota sales drop for third month on declines in China, Middle East

Toyota Motor on Thursday said global vehicle sales fell for a third consecutive month in April, hit by sharp declines in China and the Middle East.

Toyota sales drop for third month on declines in China, Middle East
Business|Economy|Finance|MidEast|Political|Stock Markets|World

The US-Iran ceasefire is unravelling

A look at the day ahead in European and global markets from Gregor Stuart Hunter Stocks tumbled in Asia, oil surged and the dollar gained strength as the U.S. and Iran renewed attacks on each other

The US-Iran ceasefire is unravelling
Asia|Business|Economy|World

Thai April factory output drops 0.36% on year, below forecast

Thailand's manufacturing production index dropped 0.36% in April from a year earlier, the industry ministry said on Thursday, weaker than analysts' forecasts.

Thai April factory output drops 0.36% on year, below forecast
Business|Economy|Finance|Stock Markets|Technology|World

Foreign investors buy Japanese stocks for eighth week on AI rally

Foreign investors bought Japanese stocks for the eighth straight week through May 23, as oil prices eased and AI-related shares rallied on robust demand outlook.

Foreign investors buy Japanese stocks for eighth week on AI rally
Economy|Environment|Political|World

Plans for the Gaza International Stabilization Force are in question as troop pledges stall

An international stabilization force promised for Gaza has yet to materialize three months after it was announced at an event hosted by U.S. President Donald Trump

Plans for the Gaza International Stabilization Force are in question as troop pledges stall
Arts|Business|Economy|Environment|Fashion and Beauty|Lifestyle

Some brands say their jeans are eco-friendly. Here's how to find a pair that's actually sustainable

Your jeans have probably passed through cotton farms, dye houses and wash facilities before reaching your closet

Some brands say their jeans are eco-friendly. Here's how to find a pair that's actually sustainable
Business|Economy|Political|World

Brazil is set to join other Latin American countries with a 40-hour, 5-day workweek

Brazil was set to join other Latin American countries that have shortened working hours as the lower house approved a constitutional amendment establishing a 40-hour, five-day workweek

Brazil is set to join other Latin American countries with a 40-hour, 5-day workweek
Economy|Education|Health|Science

About 8% of the country lacked health insurance in 2025, new data shows. That could rise next year

The proportion of Americans without health insurance held steady at around 8% of the population in 2025, according to new findings from the Centers for Disease Control and Prevention

About 8% of the country lacked health insurance in 2025, new data shows. That could rise next year
Business|Economy|Finance|Political|World

Panama passes law imposing stricter requirements on multinational firms

Panama's National Assembly approved a law that

Panama passes law imposing stricter requirements on multinational firms
Business|Economy|Technology|World

China's auto industry is unlikely to return to 'golden era,' NIO CEO says

China's auto industry has likely moved past its "golden era," NIO Chief Executive William Li said on Thursday, as a downturn in domestic car

China's auto industry is unlikely to return to 'golden era,' NIO CEO says
Business|Economy|Europe|Finance|Stock Markets|World

ECB chief economist sees persistent impact on inflation from Iran war

The energy shock caused by the Middle East conflict will likely have a persistent impact on inflation even if there is a quick solution to the war, the

ECB chief economist sees persistent impact on inflation from Iran war
Business|Economy|Finance|World

NZ shuns 'sugar hits' in budget, slashes growth forecast as Iran war jolts economy

New Zealand on Thursday unveiled a budget with few voter incentives ahead of what is shaping up to be a tightly contested election later

NZ shuns 'sugar hits' in budget, slashes growth forecast as Iran war jolts economy
Business|Economy|Finance|Science|Technology|World

Fed's Goolsbee says oil shock could exacerbate inflationary impulse of AI hype

Chicago Federal Reserve President Austan Goolsbee on Thursday amped up his warning that mounting expectations for the productivity-boosting potential of AI could send inflation

Fed's Goolsbee says oil shock could exacerbate inflationary impulse of AI hype
Business|Economy|Finance|US

US consumer watchdog recalls all staff nationwide to Washington headquarters

The top U.S. government watchdog for consumer financial protection on Wednesday said it would reassign virtually all staff nationwide to its

US consumer watchdog recalls all staff nationwide to Washington headquarters
Business|Economy|Finance|Technology|World

Australia business investment jumps 6.5% in Q1 on data rush

Australian business investment boomed in the March quarter as firms ploughed yet more money into data centers, figures showed on Thursday, while companies also upgraded

Australia business investment jumps 6.5% in Q1 on data rush
Asia|Business|Economy|World

BOK's new chief reveals hawkish posture as price, FX risks grow

The Bank of Korea kept its benchmark interest rate unchanged on Thursday, while a hawkish split within its seven-member board signaled an

BOK's new chief reveals hawkish posture as price, FX risks grow
Australia|Business|Economy|Finance|Stock Markets|World

Australia household spending falls 1.1% in April, after March jump

Australian household spending fell back sharply in April after a petrol-induced spike the previous month, data showed on Thursday, as consumers scaled back on flights and

Australia household spending falls 1.1% in April, after March jump
Asia|Business|Economy|Travel|World

Singapore Airlines and Air New Zealand to expand joint network as travel demand grows

Singapore Airlines said on Thursday that it would expand its joint network between New Zealand and Singapore with Air New Zealand to meet growing travel demand between the two

Singapore Airlines and Air New Zealand to expand joint network as travel demand grows
Economy|Education|Environment|Political|World

Chief Megaron vows to take the legacy of Brazil's indigenous leader Raoni forward

Chief Megaron Txucarramae, a 75-year-old leader of Brazil’s Indigenous Kayapo people, has spent decades defending

Chief Megaron vows to take the legacy of Brazil's indigenous leader Raoni forward