U.S. World Business Lifestyle
Today: April 26, 2026
Today: April 26, 2026

Economy

Business|Economy|Finance|Political|Stock Markets|World

Russian central bank cuts key rate by only 50 bps, raises oil price forecast on Iran war

The Russian central bank reduced its key rate by 50 basis points to 14.5% on Friday, as expected by analysts, despite pressure from

Russian central bank cuts key rate by only 50 bps, raises oil price forecast on Iran war
Business|Economy|Finance|Stock Markets|US

Jane Street's $40 billion trading haul tops rivals, sources say

Jane Street, Wall Street's leading market maker, generated a record $39.6 billion in net trading revenue last year, leapfrogging its biggest high-speed

Jane Street's $40 billion trading haul tops rivals, sources say
Business|Economy|Finance|Stock Markets|Technology

US chipmakers hit record highs as Intel turbocharges AI rally

U.S. chip stocks soared to record highs on Friday as Intel's unexpectedly strong revenue forecast reinforced confidence that the AI boom

US chipmakers hit record highs as Intel turbocharges AI rally
Business|Economy|Finance|Stock Markets

Canada budget deficit over first 11 months of 2025/26 rises to C$25.55 billion

Canada recorded a higher C$25.55 billion ($18.66 billion) budget deficit for the first 11 months of the 2025/26 fiscal year as government expenditures grew faster than

Canada budget deficit over first 11 months of 2025/26 rises to C$25.55 billion
Business|Economy|Finance|Stock Markets|US

Instant View: End of Powell probe relieves uncertainty over Fed succession plan

The Justice Department is closing its investigation into Federal Reserve Chair Jerome Powell, U.S.

Instant View: End of Powell probe relieves uncertainty over Fed succession plan
Business|Economy|Finance|Stock Markets|World

Lots of talk, lots of tech

Next week combines the big three obsessions for investors right now - the war in Iran, the path of interest rates and the AI boom.

Lots of talk, lots of tech
Business|Economy|Europe|Finance|Stock Markets|World

Deutsche Boerse CEO warns against 24/7 trading as Wall Street gears up for it

Trading stocks round-the-clock, seven days a week could damage markets by fragmenting liquidity, German exchange operator

Deutsche Boerse CEO warns against 24/7 trading as Wall Street gears up for it
Business|Economy|Environment|Europe|Political|World

EU prepares to clash with US again over shipping carbon levy

European Union countries agreed on Friday to keep pushing for a global price on shipping's CO2 emissions in U.N. talks next week,

EU prepares to clash with US again over shipping carbon levy
Business|Economy|Finance|Stock Markets|World

UK stocks end week lower as fragile U.S.-Iran truce weighs; BoE flags risks

UK's main stock indexes recorded weekly losses as investors assessed tentative signs of renewed U.S.-Iran peace talks, while a Bank of England warning that global stocks could

UK stocks end week lower as fragile U.S.-Iran truce weighs; BoE flags risks
Business|Economy|Europe

European equities log steep weekly losses with no resolution to MidEast conflict

European shares posted a sharp weekly loss on Friday, as investors worried about risks to growth and inflation with energy supplies still

European equities log steep weekly losses with no resolution to MidEast conflict
Business|Economy|Finance|World

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold

Businesses have doled out up to $4 million to send ships through the Panama Canal while trying to avoid the Iran war's risks and effective closure of the Strait of Hormuz

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold
Economy|Technology|World

US freezes $344 million in cryptocurrency said to be linked to Iran

US freezes $344 million in cryptocurrency said to be linked to Iran

US freezes $344 million in cryptocurrency said to be linked to Iran
Arts|Business|Economy|Environment|Health|Political|Science|Technology

How the Supreme Court will have a major impact on the economy this spring

How the Supreme Court will have a major impact on the economy this spring

How the Supreme Court will have a major impact on the economy this spring
Business|Economy|Entertainment|Sports|Technology

Kansas City Royals, Hallmark Cards announce partnership for new downtown ballpark

Kansas City Royals, Hallmark Cards announce partnership for new downtown ballpark

Kansas City Royals, Hallmark Cards announce partnership for new downtown ballpark
Business|Economy|Environment|Political

Trump grants 90-day Jones Act waiver extension to curb energy costs

President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around the United States, the White

Trump grants 90-day Jones Act waiver extension to curb energy costs
Business|Economy|World

Mexican economy misses expectations is February, slow start to the year

Mexico's economic activity expanded slightly in February but missed expectations, extending its rough patch since the start of the year, official data showed on

Mexican economy misses expectations is February, slow start to the year
Business|Economy|Finance|Stock Markets|World

Brazil posts wider-than-expected current account deficit in March

Brazil's current account deficit totaled $6.036 billion in March, central bank data showed on Friday, exceeding the $5.489 billion shortfall expected by economists in a

Brazil posts wider-than-expected current account deficit in March
Business|Economy|Finance|Stock Markets|World

Canada February retail sales up 0.7%; seen up 0.6% in March

Canadian retail sales rose 0.7% in February from January to C$72.06 billion ($52.68 billion) on higher sales at motor vehicle and parts dealers, Statistics Canada said on

Canada February retail sales up 0.7%; seen up 0.6% in March
Business|Economy|Finance|Technology|World

China to curb US investment in tech companies, Bloomberg News reports

China plans to restrict top technology firms, including leading AI startups, from accepting U.S. capital without government approval, Bloomberg News reported on Friday, citing

China to curb US investment in tech companies, Bloomberg News reports
Africa|Business|Economy|Education|Health|Lifestyle|Political|World

Eswatini celebrates King Mswati III's 40 years as critics decry royal spending

Marching bands blew horns, women ululated and men cheered on Friday to celebrate King Mswati III's 40 years on Eswatini's throne,

Eswatini celebrates King Mswati III's 40 years as critics decry royal spending
Business|Economy|Finance|Political|US|World

Putin may attend G20 summit in Miami after US invitation

Russian President Vladimir Putin could travel to the G20 summit in Miami in December, the Kremlin said on Friday after

Putin may attend G20 summit in Miami after US invitation
Business|Economy|Environment|Technology|World

SLB seeks to pass on costs as Iran war disrupts supply chains

SLB said it is seeking to recover higher costs from customers after the U.S.-Israeli war on Iran and the effective closure of the Strait of Hormuz disrupted

SLB seeks to pass on costs as Iran war disrupts supply chains
Business|Economy|Science|Technology|World

China's DeepSeek rolls out a long-anticipated update of its AI model

DeepSeek, the Chinese artificial intelligence startup that shook up world markets last year, has launched preview versions of its latest major update

China's DeepSeek rolls out a long-anticipated update of its AI model
Business|Economy|Science|Technology

DeepSeek-V4, the Chinese AI model adapted for Huawei chips

Chinese startup DeepSeek on Friday released a preview version of V4, its new artificial intelligence model adapted to run on Huawei chips, marking

DeepSeek-V4, the Chinese AI model adapted for Huawei chips
Business|Economy|Finance|Stock Markets|Technology

Intel soars on signs AI boom for CPUs is here

Demand for Intel's central processors from firms offering AI services was so strong in the first quarter that it sold even chips it had originally

Intel soars on signs AI boom for CPUs is here
Business|Economy|Finance|US|World

US discussing dollar swap lines with Gulf and Asian partners, Treasury's Bessent says

The United States is discussing currency swap lines with other countries including Gulf and Asian partners, Treasury Secretary Scott Bessent

US discussing dollar swap lines with Gulf and Asian partners, Treasury's Bessent says
Business|Economy|Finance|Stock Markets|World

P&G warns of $1 billion profit hit in fiscal 2027 from higher oil prices

U.S. consumer goods giant Procter & Gamble on Friday warned of a roughly $1 billion post-tax hit to its fiscal 2027 profit from surging

P&G warns of $1 billion profit hit in fiscal 2027 from higher oil prices
Business|Economy|Finance|Political|Stock Markets|US|World

US consumer sentiment slumps to record low in April; inflation expectations rise

U.S. consumer sentiment fell to a record low in April as households shrugged off a ceasefire in the war with Iran, remaining focused on the inflation

US consumer sentiment slumps to record low in April; inflation expectations rise
Business|Economy|Finance|Travel

Union says US bailout of Spirit Airlines must protect employees

A union representing workers at Spirit Airlines said on Friday any U.S. bailout of the bankrupt low-cost carrier must protect employees.

Union says US bailout of Spirit Airlines must protect employees
Business|Economy|Technology|World

US, EU announce action plan to coordinate trade policies on critical minerals

The United States and European Union on Friday released an action plan to coordinate trade policies and measures on critical minerals supply chains,

US, EU announce action plan to coordinate trade policies on critical minerals
Business|Economy|Europe|Finance|Stock Markets|World

Luxury group Cucinelli tightens controls on sanctions compliance after allegations

Luxury group Brunello Cucinelli has strengthened its controls to monitor compliance with European Union sanctions on Russia, its 2025 annual report shows, following

Luxury group Cucinelli tightens controls on sanctions compliance after allegations
Economy|Europe|MidEast|Political|Travel|World

Pope Leo condemns Iran’s killing of protesters but says he cannot support war

Pope Leo XIV on Thursday denounced the Iranian regime’s killing of protesters but stressed that, “as a pastor,” he cannot support the US-Israeli war with Iran.

Pope Leo condemns Iran’s killing of protesters but says he cannot support war
Business|Economy|Entertainment|Finance

Warner Bros. Discovery shareholders approve Paramount takeover

Warner Bros. Discovery shareholders approve Paramount takeover

Warner Bros. Discovery shareholders approve Paramount takeover
Business|Economy|Finance|Stock Markets|US|World

Consumer sentiment rebounds slightly after hitting lowest level on record

Consumer sentiment rebounds slightly after hitting lowest level on record

Consumer sentiment rebounds slightly after hitting lowest level on record
Business|Economy|Finance|Sports

NFL draft in NIL era includes players taking a pay cut to go from college to the pros

It might not take long to become a millionaire in the NFL

NFL draft in NIL era includes players taking a pay cut to go from college to the pros
Business|Crime|Economy|Finance|Political|Stock Markets|US|World

Locked Capitol doors and more cash for security are the new normal after Minnesota assassination

State lawmakers across the U.S. are increasing security measures as political violence rises

Locked Capitol doors and more cash for security are the new normal after Minnesota assassination
Economy|Europe|Political|World

Donald Trump’s ire and Russian criticism are helping Giorgia Meloni at home

Donald Trump’s ire and Russian criticism are helping Giorgia Meloni at home

Donald Trump’s ire and Russian criticism are helping Giorgia Meloni at home
Business|Economy|Finance|Sports|Stock Markets|World

World Cup final tickets now reselling for over $2 million each

World Cup final tickets now reselling for over $2 million each

World Cup final tickets now reselling for over $2 million each
Economy|Europe|Finance|Political|World

Norway should use wealth fund for aid due to oil price rise in Iran war, Egeland says

Norway should use some of the income from its $2.2 trillion sovereign wealth fund, the world's largest, to help civilians suffering from the war in Iran,

Norway should use wealth fund for aid due to oil price rise in Iran war, Egeland says
Economy|Europe|Finance|Science|Technology|World

Europe’s markets watchdog warns cyber threats are growing as AI speeds up risks

The chief of Europe’s securities regulator said the risks from and potential speed of cyberattacks are growing, joining a chorus

Europe’s markets watchdog warns cyber threats are growing as AI speeds up risks
Business|Economy|Finance|Stock Markets|US|World

Norfolk Southern warns fuel costs will pressure coming quarters

Norfolk Southern said on Friday that surging fuel prices will continue to pressure earnings in the coming quarters after higher fuel costs weighed on margins and

Norfolk Southern warns fuel costs will pressure coming quarters
Business|Economy|Finance|Stock Markets|Technology|US

U.S. equity fund inflows rise on earnings optimism, AI boost

U.S. equity funds attracted the largest weekly net investment in four weeks through April 22, driven by upbeat corporate earnings results and optimism over AI-linked business

U.S. equity fund inflows rise on earnings optimism, AI boost
Business|Economy|Finance|Science|Technology|World

Meta strikes deal with Amazon's cloud unit to use its CPU chips 

Meta Platforms and Amazon.com on Friday said Meta will use Amazon Web Services' (AWS) Graviton5 central processing unit (CPU) chips, a deal an AWS

Meta strikes deal with Amazon's cloud unit to use its CPU chips 
Americas|Business|Economy|Political|World

Russia vows to help Cuba withstand US 'blackmail and threats'

Russia said on Friday that it stood in solidarity with Cuba and would continue to provide humanitarian aid to the Communist‑run island republic, rejecting what it

Russia vows to help Cuba withstand US 'blackmail and threats'
Business|Economy|Finance|World

Bank of Canada to hold interest rates this year, show patience with energy inflation: Reuters poll

The Bank of Canada will hold its overnight rate steady next week and through the rest of the year, according to a majority of economists polled by Reuters, most

Bank of Canada to hold interest rates this year, show patience with energy inflation: Reuters poll
Business|Economy|World

Canada March Wholesale trade most likely up 1.3% - Statscan flash estimate

Canadian wholesale trade most likely rose 1.3% in March from February, largely driven by higher sales in the machinery, equipment and supplies subsector, Statistics Canada said in

Canada March Wholesale trade most likely up 1.3% - Statscan flash estimate
Economy|Europe|Political|World

Poland says it will challenge Mercosur trade deal in EU's top court

Poland will file a complaint to the European Union's top court about the bloc's free trade agreement with South America, Deputy Prime Minister Wladyslaw Kosiniak-Kamysz

Poland says it will challenge Mercosur trade deal in EU's top court
Business|Economy|Europe|Finance|Technology|World

Porsche to sell stake in sports car maker Bugatti

Porsche will sell its stakes in sports car makers Bugatti and Rimac to a consortium led by a U.S. fund linked to Egypt's billionaire Sawiris family, the companies

Porsche to sell stake in sports car maker Bugatti
Business|Economy|Finance|Health|Stock Markets

HCA beats quarterly profit estimates despite weaker flu season volume

By Siddhi Mahatole and Christy Santhosh April 24 Reuters) - HCA Healthcare narrowly beat Wall Street estimates for first-quarter profit on Friday but faced a dip in patient admissions during the flu

HCA beats quarterly profit estimates despite weaker flu season volume
Business|Economy|Europe|Finance|Stock Markets|World

Swiss National Bank defends investment approach after calls to ditch Palantir stake

Swiss National Bank Chairman Martin Schlegel defended the central bank's investment approach on Friday, after campaigners from Minneapolis called on the

Swiss National Bank defends investment approach after calls to ditch Palantir stake
Economy|Europe|Political|World

Danish government talks deadlocked one month after election

Talks on forming a new Danish government are in stalemate one month on from the country's parliamentary election, slowing

Danish government talks deadlocked one month after election
Business|Economy|Health|Technology

US health insurers advance measures to standardize prior authorization requirements

UnitedHealth and CVS Health said on Friday they have standardized data and submission requirements for more than half of their prior authorizations, as part of an industry effort

US health insurers advance measures to standardize prior authorization requirements
Business|Economy|Science|Technology|World

Chinese EV maker NIO bets on in-house chips to cut reliance on Nvidia

NIO is betting that in-house chip development will sharpen its technological edge and improve profitability, Chief Executive William Li said on Friday, as the Chinese

Chinese EV maker NIO bets on in-house chips to cut reliance on Nvidia
Business|Economy|Finance|World

Russia's Nabiullina on rate cut, outlook and the economy

Russian Central Bank Governor Elvira Nabiullina addressed a press conference on Friday after the central bank cut its key rate by 50 basis points to 14.5%.

Russia's Nabiullina on rate cut, outlook and the economy
Business|Economy|Stock Markets|World

S&P 500, Nasdaq open higher on fresh hopes of US-Iran talks

The S&P 500 and the Nasdaq Composite rose on Friday as renewed hopes for U.S.-Iran negotiations to end the war lifted sentiment, while a surge in Intel shares added further

S&P 500, Nasdaq open higher on fresh hopes of US-Iran talks
Business|Economy|Environment|Finance|US

Norfolk Southern's profit fell 27% as it didn't collect big insurance payments for Ohio derailment

Norfolk Southern railroad’s first-quarter profit fell 27% because it didn’t collect big insurance payments related to the East Palestine, Ohio, derailment and its planned merger with Union Pacific added to its costs

Norfolk Southern's profit fell 27% as it didn't collect big insurance payments for Ohio derailment
Economy|Education|Opinion|Science|Technology

China surpasses US in research spending – the consequences extend far beyond scientific ranking and clout

Scientific innovation has been driving US economic growth for decades. Losing that edge means losing access to the technologies and brainpower that come with it.

China surpasses US in research spending – the consequences extend far beyond scientific ranking and clout
Business|Economy|Lifestyle|Science|Technology

You probably wouldn’t notice if an AI chatbot slipped ads into its responses

People who interacted with different AI chatbots in a study didn’t realize the bots were including veiled advertising in their replies

You probably wouldn’t notice if an AI chatbot slipped ads into its responses
Economy|Education|Environment|Health|Opinion

‘Affordable’ Pittsburgh doesn’t have enough affordable housing – here’s why

For a quarter of its residents, Pittsburgh isn’t an affordable place to live. A contested housing policy is at the center of efforts to change that.

‘Affordable’ Pittsburgh doesn’t have enough affordable housing – here’s why
Business|Economy|Finance|Sports|US|World

4 tickets to World Cup final are listed on FIFA's resale site for more than $2 million

FIFA’s resale site has four tickets on sale for the World Cup final for just under $2.3 million each

4 tickets to World Cup final are listed on FIFA's resale site for more than $2 million
Business|Economy|Science|Technology|World

At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up

China’s top automakers are showcasing their latest models and technologies from intelligent driving to ultrafast charging in Beijing as they compete with global rivals in overseas markets

At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up
Business|Economy|Environment|World

Indonesia reaffirms it has no plan to impose tolls in Malacca Strait

Indonesia has no plan to impose tolls on ships passing through the Malacca Strait, its finance minister said on Friday, after his comments about

Indonesia reaffirms it has no plan to impose tolls in Malacca Strait
Business|Economy|Science|Technology|World

After call from Beijing, China's auto industry races to embed AI in just about everything

It took China 25 years to dominate the market for electric vehicles.

After call from Beijing, China's auto industry races to embed AI in just about everything
Business|Economy|Finance|World

China first-quarter fiscal spending quickens as Beijing seeks to spur growth

China’s fiscal spending rose 2.6% in the first quarter from a year earlier, accelerating from a 1% increase in 2025, the finance ministry said on Friday, as Beijing steps

China first-quarter fiscal spending quickens as Beijing seeks to spur growth
Business|Economy|Europe|Finance|World

Key ECB policymaker comments in run up to April 30 meeting

The following are key comments from European Central Bank policymakers in the run-up to the April 30 meeting.

Key ECB policymaker comments in run up to April 30 meeting
Economy|Political|World

Americans blame Trump for gas price surge in midterm election year, Reuters/Ipsos poll finds

A clear majority of Americans blame President Donald Trump for surging gasoline prices, which is weighing on his Republican Party ahead

Americans blame Trump for gas price surge in midterm election year, Reuters/Ipsos poll finds
Business|Economy|Environment|Finance|Stock Markets|Technology|World

Schrödinger’s ceasefire

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

Schrödinger’s ceasefire
Economy|Environment|Europe|Political|World

Russia says new EU sanctions will hurt developing countries

Russia said on Friday that new European Union sanctions on its oil and gas would hurt developing countries and the EU itself, and promised to retaliate.

Russia says new EU sanctions will hurt developing countries
Business|Economy|Finance|Stock Markets|Technology

At SpaceX, AI is burning the cash that Starlink earns

Elon Musk is touting SpaceX as humanity's ticket to Mars.

At SpaceX, AI is burning the cash that Starlink earns
Business|Economy|Europe|Political|World

Putin's approval rating falls to lowest since before Ukraine war, state pollster says

Russian President Vladimir Putin's approval rating has fallen for a seventh week in a row to 65.6%, its lowest level since the invasion of Ukraine in February 2022,

Putin's approval rating falls to lowest since before Ukraine war, state pollster says
Economy|Environment|Europe|Political|World

Moldova parliament votes to end energy state of emergency

Moldova's parliament voted to lift the country's energy state of emergency from Saturday, which had been imposed after Russian attacks in neighbouring Ukraine knocked

Moldova parliament votes to end energy state of emergency
Business|Economy|Technology|World

BYD doubles down on fast charging to target China's EV holdouts

China's BYD is pushing super-fast charging to attract drivers still loyal to petrol cars and sharpen its edge in the world's largest auto market, the

BYD doubles down on fast charging to target China's EV holdouts
Business|Crime|Economy|Technology|World

US launches sweeping crackdown on Southeast Asia cyberscams and sanctions Cambodian senator

U.S. officials have announced a major crackdown on Southeast Asian cyberscam operations controlled by Chinese transnational organized crime

US launches sweeping crackdown on Southeast Asia cyberscams and sanctions Cambodian senator
Business|Economy|Finance|Science|Stock Markets|Technology|World

Global equity fund inflows surge to 17-month high on AI optimism

Weekly inflows into global equity funds surged to a more than 17-month high in the week through April 22, fuelled by optimism over demand for artificial intelligence and robust

Global equity fund inflows surge to 17-month high on AI optimism
Business|Economy|Europe|Finance|Stock Markets

Electrolux's shares fall 24% on US slump, $1 billion rights issue

Electrolux shares plunged 24% on Friday as weak U.S. demand hit its first-quarter results, hours after it announced a $1 billion rights issue and

Electrolux's shares fall 24% on US slump, $1 billion rights issue
Business|Economy|Political|World

No US-Iran peace talks in sight, but Islamabad maintains security lockdown

For nearly a week, Pakistan's capital has been waiting for peace talks between the U.S. and Iran to take place there, and although there is no sign the

No US-Iran peace talks in sight, but Islamabad maintains security lockdown
Economy|Environment|Health|World

War, drought, aid shortfall to fuel hunger in 2026, global report says

Conflict, drought and shrinking aid will keep global hunger at critical levels in 2026, with food insecurity expected to worsen in some of the world's

War, drought, aid shortfall to fuel hunger in 2026, global report says
Asia|Business|Economy|Technology|World

Hyundai Motor to launch 20 models in five years in new China campaign

Hyundai Motor will roll out 20 new models in China over the next five years as it seeks to revive its fortunes in the world's largest auto market, the

Hyundai Motor to launch 20 models in five years in new China campaign
Business|Economy|Finance|Stock Markets|World

Nomura posts record annual profit, sees no prolonged impact from Iran war so far

(Corrects the figure for private credit exposure in Nomura's wholesale division to $400 million from $200 million in paragraph 14.)

Nomura posts record annual profit, sees no prolonged impact from Iran war so far
Business|Economy|Education|Election|Finance|Political

Conservative super PAC threatens to unseat Republicans over immigration bill

House Republicans are facing a fresh challenge in the 2026 midterms: the Homeland Political Action Committee, a new conservative super PAC targeting Republican

Conservative super PAC threatens to unseat Republicans over immigration bill
Business|Economy|Finance|World

Warsh's quest for better inflation data is a well-worn, difficult pursuit for Fed

Federal Reserve Chair nominee Kevin Warsh has called for a major rethink of how to measure inflation, but he may have less trouble finding new

Warsh's quest for better inflation data is a well-worn, difficult pursuit for Fed
Business|Economy|Finance|World

Brazil shackles public pension funds after Banco Master meltdown

Brazil's biggest bank failure in recent history has led to an aggressive crackdown on public pension funds, which were among its creditors, limiting

Brazil shackles public pension funds after Banco Master meltdown
Arts|Business|Economy|Europe|MidEast|Technology|World

Porsche, under pressure to cut costs, divests from sportscar maker Bugatti

Porsche has agreed to sell its stakes in sportscar makers Bugatti and Rimac to a consortium led by a U.S. fund co-

Porsche, under pressure to cut costs, divests from sportscar maker Bugatti
Business|Economy|Political|Science|Technology|World

Trump administration vows crackdown on Chinese companies 'exploiting' AI models made in US

The Trump administration is vowing to crack down on foreign tech companies’ exploitation of U.S. artificial intelligence models, singling out China at a time that country is narrowing the gap with the U.S. in the AI race

Trump administration vows crackdown on Chinese companies 'exploiting' AI models made in US
Business|Economy|Finance|Science|Technology|World

Japan launches financial task force amid AI security fears

Japan will set up a task force to address cybersecurity risks in its financial system following concerns about potential vulnerabilities linked to

Japan launches financial task force amid AI security fears
Business|Economy|Europe|Finance|World

German business sentiment falls in April to lowest level since 2020

German business morale fell more than expected in April, as the Iran war made companies more pessimistic and threatened the long-awaited recovery of

German business sentiment falls in April to lowest level since 2020
Business|Economy|Europe|Finance|Stock Markets|World

UK drivers' dash for fuel at start of Iran war boosts retail sales

British motorists worried about fuel price increases rushed to the pumps immediately after the start of the Iran war, pushing up total sales volumes

UK drivers' dash for fuel at start of Iran war boosts retail sales
Business|Economy|Europe|Finance|Stock Markets|World

Spain's industrial prices rise at fastest pace in a year as energy costs bite

A spike in energy costs caused Spanish industrial prices to rise at their fastest rate in a year in March after falling for four consecutive months, the National Statistics

Spain's industrial prices rise at fastest pace in a year as energy costs bite
Business|Economy|Europe|Finance|Political|Stock Markets|World

Swiss National Bank chairman says Middle East conflict will hit economy

The Middle East conflict will lead to slower economic growth and higher inflation in Switzerland, but the Swiss National Bank has unrestricted scope to target

Swiss National Bank chairman says Middle East conflict will hit economy
Business|Economy|Political|World

China rejects Trump accusation that intercepted Iran ship was 'gift from China'

China's foreign ministry on Friday rejected an accusation by U.S.

China rejects Trump accusation that intercepted Iran ship was 'gift from China'
Business|Economy|Environment|Technology|World

Minneapolis campaigners press Swiss National Bank to dump Palantir investment

The Swiss National Bank should sell its $1.1 billion stake in Palantir Technologies, campaigners from Minneapolis said at a meeting of the central bank on

Minneapolis campaigners press Swiss National Bank to dump Palantir investment
Business|Economy|Europe

Car parts group Forvia's sales dragged by weakness in China

Forvia said on Friday that a sharp sales decline in China caused a 2.2% drop in the French car parts supplier's first-quarter revenue, excluding currency translation effects.

Car parts group Forvia's sales dragged by weakness in China
Business|Economy|Environment|Science|Technology

Powered land and zombie projects: Real estate in the age of AI

Land left dormant by the decline of the chemical industry in northeastern England has taken

Powered land and zombie projects: Real estate in the age of AI
Business|Economy|Science|Technology|World

China’s AI upstart DeepSeek drops new model. Will it make waves like last year?

China’s AI upstart DeepSeek drops new model. Will it make waves like last year?

China’s AI upstart DeepSeek drops new model. Will it make waves like last year?
Business|Economy|Europe|Finance|Stock Markets

Stellantis to focus funding on core car brands as CEO drives turnaround, sources say

Stellantis will focus the majority of its investment on its core Jeep, Ram, Peugeot and Fiat brands under CEO Antonio

Stellantis to focus funding on core car brands as CEO drives turnaround, sources say
Economy|Europe|World

French consumer confidence falls sharply in April as war takes toll on economy

French consumer confidence fell sharply in April, recording its largest drop since the start of the Ukraine war in 2022, the INSEE official statistics agency said on Friday.

French consumer confidence falls sharply in April as war takes toll on economy
Business|Economy|Finance|Stock Markets|World

Iran flaunts its grip, investors cower

A look at the day ahead in European and global markets from Rae Wee Markets were in a dour mood on Friday, with Iran flaunting its grip over the Strait of Hormuz serving as a stark reminder that the

Iran flaunts its grip, investors cower
Business|Economy|Environment|Science|Technology

Australian lithium miner PLS says energy security concerns driving demand growth

PLS is seeing deepening and broadening demand for lithium, partly driven by energy security concerns, CEO Dale Henderson said on

Australian lithium miner PLS says energy security concerns driving demand growth
Business|Economy|Finance|Stock Markets|World

Up, or down? War scrambles financial markets' signalling efforts

The traditional global asset correlations that collapsed when the war in the Middle East erupted remain broken, leaving investors to piece together

Up, or down? War scrambles financial markets' signalling efforts
Business|Economy|Environment|Fashion and Beauty|World

Iran war hits Asia's polyester suppliers to global fast fashion

A surge in fossil fuel prices since the Iran war is squeezing polyester suppliers and garment makers across

Iran war hits Asia's polyester suppliers to global fast fashion
Business|Economy|Health|Political

Reclassifying marijuana as a less dangerous drug might only be the first step for Trump

President Donald Trump’s decision to reclassify state-licensed medical marijuana as a less dangerous drug is a boon for the industry

Reclassifying marijuana as a less dangerous drug might only be the first step for Trump
Business|Economy|Europe|Finance|World

SNB's Schlegel says prolonged energy shock could lift inflation, hit growth

Swiss National Bank Chairman Martin Schlegel said the outlook for Switzerland's economy hinges on how long conflict-driven energy price pressures persist, warning that

SNB's Schlegel says prolonged energy shock could lift inflation, hit growth
Business|Economy|Europe|Finance|World

A fragile hold: Five questions for the ECB

The European Central Bank meets next Thursday, with an Iran war ceasefire easing the pressure on it for an immediate interest rate

A fragile hold: Five questions for the ECB
Business|Economy|Finance|World

Fitch says no immediate downgrade if Indonesia's deficit tops 3% due to Iran war impact

Indonesia has room to breach its legal fiscal deficit ceiling of 3% of GDP without triggering an immediate ratings downgrade

Fitch says no immediate downgrade if Indonesia's deficit tops 3% due to Iran war impact
Business|Economy|Finance|Political|World

US, EU to sign preliminary partnership deal on critical minerals on Friday

The United States and the European Union will sign a memorandum of understanding on Friday for a partnership on critical minerals, the State

US, EU to sign preliminary partnership deal on critical minerals on Friday
Asia|Business|Economy|Technology|World

Mercedes steels itself for 'roller coaster' competition in Chinese market

Mercedes-Benz will use this year's Beijing auto show to pitch how it plans to navigate China's fiercely competitive car market, where Chief Executive Ola Kaellenius says

Mercedes steels itself for 'roller coaster' competition in Chinese market
Business|Economy|Finance|Stock Markets|US|World

Most US companies seen sticking with quarterly reporting

Quarterly earnings reporting may soon become optional for U.S. firms - yet the vast majority of companies are unlikely to take advantage

Most US companies seen sticking with quarterly reporting
Economy|Environment|Science|Travel|World

A tiny Arctic village in Alaska is trying to revive its polar bear tourism industry

A small Indigenous village in Alaska wants to reclaim its status as a top spot for polar bear tourism

A tiny Arctic village in Alaska is trying to revive its polar bear tourism industry
Business|Economy|Finance|World

Japan's core inflation stays below BOJ target, energy risks grow

Japan's core inflation slowed below the central bank's 2% target for a second straight month in March, data showed on Friday, as government fuel subsidies

Japan's core inflation stays below BOJ target, energy risks grow
Business|Economy|World

Trump orders US military to 'shoot and kill' Iranian small boats choking Strait of Hormuz

U.S. President Donald Trump says he has ordered the U.S. military to “shoot and kill” small Iranian boats that deploy mines to choke traffic through the Strait of Hormuz

Trump orders US military to 'shoot and kill' Iranian small boats choking Strait of Hormuz
Business|Economy|Environment|Europe|Political|World

US still delivering weapons to Ukraine, Zelenskyy says, as Prince Harry visits Kyiv

Ukrainian President Volodymyr Zelenskyy says U.S. weapon deliveries to Ukraine haven't stopped despite the Iran war

US still delivering weapons to Ukraine, Zelenskyy says, as Prince Harry visits Kyiv
Economy|Health|Political|US

'Two ways of calculating': Trump defends his mathematically impossible calculations on drug prices

President Donald Trump, known for popularizing the term "fake news," seems to have shifted focus to a healthy dose of fake math in defending impossibly large cuts to prescription drug prices

'Two ways of calculating': Trump defends his mathematically impossible calculations on drug prices
Business|Economy|Technology|World

Singapore emerging as neutral ground as AI firms navigate Sino-US rivalry

Singapore is transforming from East-West gateway to neutral ground for the AI sector, with Chinese startups hoping to operate

Singapore emerging as neutral ground as AI firms navigate Sino-US rivalry
Business|Economy|Science|Technology

Amazon-backed X-Energy raises over $1 billion in IPO

Nuclear reactor developer X-Energy, which is backed by Amazon, said on Thursday it had raised $1.02 billion in its initial public offering in the United States.

Amazon-backed X-Energy raises over $1 billion in IPO
Business|Economy|Education|Environment|Health|Lifestyle|Science|World

WHO global alliance delivers 100 million childhood vaccine doses since 2023

More than 100 million vaccine doses have been delivered to 18.3 million children worldwide since 2023 under a global drive to reverse pandemic-related declines

WHO global alliance delivers 100 million childhood vaccine doses since 2023
Business|Economy|Technology|World

UK to face 'big tariff' if it doesn't drop tech tax, Trump says

U.S.

UK to face 'big tariff' if it doesn't drop tech tax, Trump says
Business|Economy|Political|World

US Senator Steve Daines to lead visit to China before May summit, SCMP reports

U.S. Republican Senator Steve Daines will lead a five-member bipartisan delegation to China next week, the South China Morning Post reported on Friday, citing sources. U.S.

US Senator Steve Daines to lead visit to China before May summit, SCMP reports
Arts|Business|Economy|Education|Entertainment|Environment|Finance|Food|Health|Lifestyle|Opinion|Science|Sports|Technology|Travel|World

Key takeaways from a report into the deadly plane crash at LaGuardia Airport

Federal investigators have released a preliminary report on last month's deadly airplane crash at a New York City airport

Key takeaways from a report into the deadly plane crash at LaGuardia Airport
Business|Economy|Environment|Finance|World

South Georgia wildfires destroy homes, force evacuations

More than 50 homes and structures were destroyed this week and at least 1,000 others were threatened on Thursday by wildfires in southeast Georgia that sent

South Georgia wildfires destroy homes, force evacuations
Australia|Business|Economy|Finance|World

Suncorp buys $1.7 billion reinsurance cover, sees FY26 premium growth of 3%

Australian general insurer Suncorp said on Friday it had purchased a five-year aggregate reinsurance cover that will provide up to A$2.4 billion ($1.71 billion) in total

Suncorp buys $1.7 billion reinsurance cover, sees FY26 premium growth of 3%
Business|Economy|US|World

Trump says Navy Secretary Phelan was fired over shipbuilding conflicts

Navy Secretary John Phelan was fired after conflicts with senior Pentagon leadership over shipbuilding, U.S. President Donald Trump said on Thursday.

Trump says Navy Secretary Phelan was fired over shipbuilding conflicts
Business|Economy|Europe|Technology|World

German software maker SAP beats first-quarter profit estimates on cloud demand

Europe's largest software maker SAP on Thursday reported a 17% increase in first-quarter profit, beating estimates, due to strong growth in its cloud business.

German software maker SAP beats first-quarter profit estimates on cloud demand
Business|Economy|Environment|Finance|Stock Markets

Fortescue spends more on green energy, keeps shipment forecast steady

Australian miner Fortescue announced further spending on green energy on Friday, as it seeks to insulate itself from global oil market volatility, while keeping its full-year

Fortescue spends more on green energy, keeps shipment forecast steady
Business|Economy|Finance|Technology|US

SpaceX refinanced debt with stopgap $20 billion loan before IPO filing

Elon Musk's SpaceX took out a $20 billion bridge loan last month to refinance much of its existing debt ahead of its blockbuster U.S.

SpaceX refinanced debt with stopgap $20 billion loan before IPO filing