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Today: April 16, 2026
Today: April 16, 2026

Economy

Business|Economy|Finance|Stock Markets|World

Oil rises in choppy trade; US, Iran rhetoric heats up

Oil prices climbed in choppy trade on Monday, as the U.S. and Iran ratcheted up their rhetoric even as the two countries are engaging in indirect talks that could lead to

Oil rises in choppy trade; US, Iran rhetoric heats up
Business|Economy|Science|Technology

US ends probe into Tesla remote driving feature after software updates

The U.S.

US ends probe into Tesla remote driving feature after software updates
Business|Economy|Political|World

US-Iran talks continuing, but strikes on Saudi Arabia may derail effort, say sources

Talks between the United States and Iran were at risk of being derailed following Tehran's attacks on Saudi Arabian industrial

US-Iran talks continuing, but strikes on Saudi Arabia may derail effort, say sources
Business|Economy|Finance|Sports

The Dodgers shattered MLB's spending record at $515 million in 2025, 7 times the lowest payroll

The Dodgers shattered Major League Baseball’s spending record with a combined $515 million in payroll and luxury tax last year en route to their second straight World Series title, according to final figures compiled by the commissioner’s office, and Los Angeles is projected for the highest total again in 2026

The Dodgers shattered MLB's spending record at $515 million in 2025, 7 times the lowest payroll
Business|Economy|Science|Technology

ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure

OpenAI executives say they will introduce a new artificial intelligence model for “high-value professional work” as the company faces heightened competition with rival Anthropic in attracting corporate customers to adopt AI assistants in their workplaces

ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure
Business|Economy|Finance|Stock Markets|US|World

US jobless claims fall last week as layoffs remain low despite global economic uncertainty

U.S. applications for unemployment benefits fell last week, remaining in the range of the past few years even as the war in Iran continues to threaten the global economy

US jobless claims fall last week as layoffs remain low despite global economic uncertainty
Economy|Political|World

White House offers no hint of Iran war cost as it seeks military funding surge

By Nolan D.

White House offers no hint of Iran war cost as it seeks military funding surge
Business|Economy|Finance|Stock Markets|World

IMF says Bank of Japan can see through inflationary shock from Iran war

The Bank of Japan can see through inflationary pressures from the war in the Middle East as any second-round effects on broader prices will be limited,

IMF says Bank of Japan can see through inflationary shock from Iran war
Business|Economy|Finance|Political|Stock Markets|US|World

Norway's sovereign wealth fund has no plans to reduce US assets, finance minister tells FT

Norway's $2.1 trillion sovereign wealth fund, the world's ​largest, does not intend to shed U.S. assets despite concerns over the Middle East war and mounting U.S. debt, Finance

Norway's sovereign wealth fund has no plans to reduce US assets, finance minister tells FT
Business|Economy|Food

PepsiCo's sales jump after it cuts prices

PepsiCo’s price cuts and some new products improved demand for its snacks in the first quarter

PepsiCo's sales jump after it cuts prices
Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

US warns that buyers of Iranian oil could be hit with sanctions 

The United States on Wednesday threatened to sanction buyers of Iranian oil and said it believed China would pause such

US warns that buyers of Iranian oil could be hit with sanctions 
Business|Economy|Environment|Finance|Stock Markets|Technology

HVAC firm Madison Air raises $2.2 billion in US IPO

Indoor air systems provider Madison Air Solutions said on Wednesday it had raised $2.23 billion in the biggest U.S. initial public offering so far this year.

HVAC firm Madison Air raises $2.2 billion in US IPO
Business|Economy|Europe

British carmakers seek clarity on 'Made in EU' rule as trade risks grow

The UK's automotive industry group SMMT said on Thursday carmakers need clarity now on whether Britain will count as 'Made in EU' in the European

British carmakers seek clarity on 'Made in EU' rule as trade risks grow
Business|Economy|Europe|Finance|Stock Markets|World

Mark Mobius, 'Indiana Jones of emerging markets,' dies at 89

Mark Mobius, widely credited as a pioneer in emerging markets investing, died on Wednesday at the age of 89, according to a statement on his

Mark Mobius, 'Indiana Jones of emerging markets,' dies at 89
Business|Economy|Finance|Stock Markets|US|World

Foreigners boost US Treasury holdings to record highs in February

Foreign holdings of Treasuries climbed to a record high in February, data showed on Wednesday, rising for a second month in a sign of strong

Foreigners boost US Treasury holdings to record highs in February
Business|Economy|Political|World

Brazil to count 39% of court-ordered debt inside 2027 fiscal target

Brazil's government will count 39.4% of court-ordered debt payments due in 2027 within its fiscal target, budget guidelines submitted to Congress on Wednesday showed,

Brazil to count 39% of court-ordered debt inside 2027 fiscal target
Business|Economy|Finance|World

Ukraine official expects US-Ukrainian investment fund to approve second project in summer

Ukraine's deputy economy minister said on Wednesday he expects the Ukraine-U.S. joint reconstruction fund to approve a second investment project, likely in the energy

Ukraine official expects US-Ukrainian investment fund to approve second project in summer
Business|Economy|Technology|World

Aerospace parts maker Arxis raises $1.13 billion in US IPO

Aerospace parts maker Arxis said on Wednesday it raised $1.13 billion in its U.S. initial public offering after pricing shares at $28 each.

Aerospace parts maker Arxis raises $1.13 billion in US IPO
Business|Economy|Finance|Stock Markets|World

Australia's jobless rate stays low in March but Iran war risks loom

Australian employment rose broadly in line with expectations in March, while the jobless rate stayed low, but a war-driven global energy shock could test the labour

Australia's jobless rate stays low in March but Iran war risks loom
Business|Economy|Finance|World

China's Q1 GDP grows 5.0% y/y, tops market forecast

China's economy grew 5.0% in the first quarter from a year earlier, official data showed on Thursday, beating analysts' expectations as policymakers brace for the fallout

China's Q1 GDP grows 5.0% y/y, tops market forecast
Asia|Business|Economy|Technology|World

South Korea, Vietnam leaders to meet in Hanoi next week, sources say

Vietnam's president To Lam is set to meet his South Korean counterpart Lee Jae Myung in Hanoi next week, five people familiar with the matter said.

South Korea, Vietnam leaders to meet in Hanoi next week, sources say
Business|Economy|Technology|World

Elliott takes stake in Japan's Daikin, calls for higher returns

Elliott Investment Management said on Thursday it has taken a stake in Daikin and thinks the manufacturer of air conditioners should improve margins and

Elliott takes stake in Japan's Daikin, calls for higher returns
Economy|Political|World

US Senate Republicans back Trump military sales to Israel

The U.S.

US Senate Republicans back Trump military sales to Israel
Australia|Business|Economy|Finance|Stock Markets

S&P Global downgrades ASX after Australian regulator finds governance, risk failures

S&P Global Ratings on Thursday lowered its issuer credit rating for the Australian Securities Exchange to "A+/A-1" from "AA-/A-1+", two weeks after a local regulator flagged

S&P Global downgrades ASX after Australian regulator finds governance, risk failures
Business|Economy|Finance|Political|World

Mamdani, Hochul propose tax on New York second homes worth more than $5 million

New York State Governor Kathy Hochul proposed on Wednesday a new tax on second homes worth

Mamdani, Hochul propose tax on New York second homes worth more than $5 million
Business|Economy|Finance|Stock Markets|World

Goldman Sachs rates business hit by Iran war volatility, sources say

Goldman Sachs' rates business suffered losses on some positions towards the end of the last quarter as fixed-income market volatility due to the Iran war

Goldman Sachs rates business hit by Iran war volatility, sources say
Business|Economy|Political|Technology|World

Pentagon approaches automakers, manufacturers to boost weapons production, WSJ reports

Senior U.S. defense officials have held talks about producing weapons and other military supplies with top executives of companies including General Motors and Ford Motor, the

Pentagon approaches automakers, manufacturers to boost weapons production, WSJ reports
Business|Economy|World

Thailand central bank cuts 2026 growth, says no limits to worst-case scenarios if war continues

Thailand faces slower growth this year due to the Iran war and there are almost "no limits" to worst-case economic scenarios if the conflict continues,

Thailand central bank cuts 2026 growth, says no limits to worst-case scenarios if war continues
Asia|Business|Economy|World

Foreign investors flee Thailand as Iran war, energy shock dash hope for economic revival

Foreign investors are selling Thai assets as an energy shock from the U.S.-Israeli war on Iran threatens to snuff out hopes for

Foreign investors flee Thailand as Iran war, energy shock dash hope for economic revival
Business|Economy|Finance|World

More Japanese firms say no to rate hikes as Iran war clouds outlook: Reuters poll

The number of Japanese firms that do not want the Bank of Japan to raise interest rates has risen sharply since the start of the year as the Iran war

More Japanese firms say no to rate hikes as Iran war clouds outlook: Reuters poll
Economy|Finance|Stock Markets|World

BOJ to hike rates by June as war-fuelled inflation risks mount: Reuters poll

The Bank of Japan will raise its benchmark rate to 1.00% by end-June, with nearly two-thirds of economists in a Reuters poll predicting the move, and a

BOJ to hike rates by June as war-fuelled inflation risks mount: Reuters poll
Business|Economy|Europe|Finance|Technology|World

European banks can withstand current shocks, watchdog head says

European lenders are resilient enough to absorb current financial and geopolitical shocks but need to prepare for future uncertainties including

European banks can withstand current shocks, watchdog head says
Asia|Business|Economy|Finance|Stock Markets|World

Instant View: China's Q1 growth beats forecast as economy braces for fallout from Iran war

China's economy expanded 5% in the first quarter compared with a year earlier, according to official data on Thursday, surpassing analysts' expectations even as policymakers

Instant View: China's Q1 growth beats forecast as economy braces for fallout from Iran war
Business|Economy|Finance|Stock Markets|World

Japan, US agree to strengthen communication on exchange rates

Japan and the U.S. agreed to strengthen communication on exchange rates, Japanese Finance Minister Satsuki Katayama said after her meeting with U.S.

Japan, US agree to strengthen communication on exchange rates
Business|Economy|World

China's new home prices extend decline despite improvement in major cities

China's new home prices extended their decline in March, official data showed on Thursday, although major cities showed some

China's new home prices extend decline despite improvement in major cities
Business|Economy|Environment|Political|World

Chile's Kast unveils slew of reforms including corporate tax rate cut

Chile's new president, Jose Antonio Kast, unveiled on Wednesday details of a long-awaited reform package that includes cuts to the corporate tax rate,

Chile's Kast unveils slew of reforms including corporate tax rate cut
Business|Economy|Political|World

US-sanctioned supertankers enter Gulf despite blockade

A second U.S.-sanctioned supertanker has entered the Gulf via the Strait of Hormuz, shipping data showed, despite a U.S. blockade on vessels visiting

US-sanctioned supertankers enter Gulf despite blockade
Business|Economy|Finance|Science|Technology

Musk's staff reaches out to suppliers for Terafab project, Bloomberg News reports

Elon Musk's staff have reached out to chip industry suppliers for his Terafab AI chip complex project with SpaceX and Tesla, Bloomberg News reported on Wednesday. 

Musk's staff reaches out to suppliers for Terafab project, Bloomberg News reports
Business|Economy|Europe|Finance|World

ECB must be patient, even if adverse scenario may be materialising: policymaker

The euro zone economy may be moving towards the European Central Bank's adverse scenario but policymakers need to remain patient and not rush any

ECB must be patient, even if adverse scenario may be materialising: policymaker
Business|Economy|Environment|Political|World

Malaysia's Petronas to supply excess fuel to Australia as leaders vow closer energy ties

Malaysia Prime Minister Anwar Ibrahim said on Thursday that state energy firm Petronas would give priority to providing Australia with its excess fuel

Malaysia's Petronas to supply excess fuel to Australia as leaders vow closer energy ties
Business|Economy|Finance|Political|Stock Markets|World

How surging bond yields add to Europe's fiscal headaches

European bond yields have jumped during the U.S.-Israeli war on Iran, pushing up government borrowing costs and adding to the pressure on the

How surging bond yields add to Europe's fiscal headaches
Economy|Europe|World

ECB may not have rate-hike evidence by April 30 meeting, policymaker says

The European Central Bank may not have all the data this month to determine if interest rates will have to be raised to tame an inflation surge and the June meeting

ECB may not have rate-hike evidence by April 30 meeting, policymaker says
Business|Economy|Finance|Political|Stock Markets|World

Truce trades ramp up as Trump touts Israel-Lebanon talks

A look at the day ahead in European and global markets from Gregor Stuart Hunter Global equities are setting new records and the dollar is down for a ninth consecutive day to its weakest levels since

Truce trades ramp up as Trump touts Israel-Lebanon talks
Business|Crime|Economy|Finance|World

Nepal panel to probe property, assets of politicians and officials

Nepal's new government, led by rapper-turned politician Balendra Shah, has set up a panel to investigate the property and assets of past and present

Nepal panel to probe property, assets of politicians and officials
Asia|Business|Economy|Finance|World

China to retain ultra-long special bond tenors this year, sources say

China's finance ministry will keep this year's ultra-long special treasury bond issuance to 20-, 30- and 50-year maturities, the same as last year, people with knowledge of the

China to retain ultra-long special bond tenors this year, sources say
Business|Economy|Finance|Technology|World

Circle CEO sees 'tremendous opportunity' for yuan-backed stablecoin

Circle Internet Group sees  "tremendous opportunity" for yuan-backed stablecoin as digital money becomes increasingly integrated into

Circle CEO sees 'tremendous opportunity' for yuan-backed stablecoin
Asia|Business|Economy|Finance|World

China's Q1 economic rebound faces rough seas as Iran war jolts global outlook

China's economy picked up speed early in 2026, riding an export surge before the Iran war sent energy costs soaring and put global

China's Q1 economic rebound faces rough seas as Iran war jolts global outlook
Business|Economy|Technology

TSMC Q1 profit jumps 58% to record, beats expectations

TSMC, the world's largest contract chipmaker, posted a 58% jump in first-quarter net profit on Thursday, beating market forecasts and hitting a record, as it benefits from

TSMC Q1 profit jumps 58% to record, beats expectations
Business|Economy|Environment|World

Australia refinery fire worsens fuel supply crunch amid Iran war

A fire at the largest of Australia's two oil refineries has hit petrol production, company and government officials said

Australia refinery fire worsens fuel supply crunch amid Iran war
Economy|Education|Environment|Health|World

Danish Refugee Council warns 4 million more face displacement as aid drops

Over 4 million people are set to be newly displaced around the world by the end of next year as donors step back from providing life-saving aid, the Danish Refugee Council

Danish Refugee Council warns 4 million more face displacement as aid drops
Business|Economy|World

Middle East war feeding uncertainty over Swiss economic outlook, SNB minutes show

Uncertainty over the economic outlook for Switzerland has risen due to the conflict in the Middle East and global developments pose the main risk for inflation, minutes of

Middle East war feeding uncertainty over Swiss economic outlook, SNB minutes show
Business|Economy|Technology|World

Brazilian payments firm Ebanx makes Southeast Asia push

Brazilian cross-border payments company Ebanx said it is expanding global operations, with a focus on Southeast Asia, strengthening its footprint

Brazilian payments firm Ebanx makes Southeast Asia push
Business|Economy|World

Pernod CFO says talks with Brown-Forman are "ongoing"

Pernod Ricard's talks to merge with U.S. rival Brown-Forman are continuing, Pernod Ricard's finance chief said on Thursday.

Pernod CFO says talks with Brown-Forman are "ongoing"
Business|Economy|Finance|Stock Markets|World

Bank of England's Bailey says 'not going to rush' judgements on rate rises, BBC reports

The Bank of England was "not going to rush to judgements" on interest rate rises, Governor Andrew Bailey told BBC News, as global central banks contend with an energy

Bank of England's Bailey says 'not going to rush' judgements on rate rises, BBC reports
Business|Economy|Finance|World

EQT restarts sale of contact lens maker Ginko in at least $1 billion deal, sources say

Private equity firm EQT is restarting the sale process for the mainland Chinese business of contact lens maker Ginko International, targeting a valuation of

EQT restarts sale of contact lens maker Ginko in at least $1 billion deal, sources say
Business|Economy|Finance|World

Japan sees private credit as a policy pillar despite overseas market turmoil

Japan's financial regulator sees private credit as a potential key pillar of its new strategy to meet rising corporate funding demand

Japan sees private credit as a policy pillar despite overseas market turmoil
Business|Economy|Europe|Science|Technology

German banks examine risks of Anthropic's Mythos with authorities

German banks and national authorities are examining risks around Anthropic's new artificial intelligence model, an official said on Thursday, amid concerns

German banks examine risks of Anthropic's Mythos with authorities
Business|Economy|Environment

US judge rejects Trump administration bid to block Hawaii climate lawsuit

A federal judge on Wednesday dismissed a Trump administration lawsuit seeking to stop Hawaii from suing fossil fuel companies in state court over climate change,

US judge rejects Trump administration bid to block Hawaii climate lawsuit
Business|Economy|Finance|MidEast|Stock Markets|US|World

Dollar steady as traders weigh escalating Iran war against ceasefire hopes

The U.S. dollar was steady on Monday, while the yen flirted with the crucial 160 per dollar level, as investors took stock of the escalating Iran war, with

Dollar steady as traders weigh escalating Iran war against ceasefire hopes
Business|Economy|Finance|Stock Markets|World

Dollar inches higher as investors focus on path to Iran peace deal

The U.S. dollar rose slightly on Thursday, but remained near its lowest level since early March, as markets waited hopefully for further news

Dollar inches higher as investors focus on path to Iran peace deal
Business|Economy|Europe|Finance|Stock Markets

European shares inch higher on Middle East peace prospects; earnings in focus

European shares edged higher on Thursday as growing optimism about a potential resolution to the Middle East conflict lifted market sentiment, while investors

European shares inch higher on Middle East peace prospects; earnings in focus
Americas|Economy|Election|Finance|Political|Stock Markets|World

Peruvian markets stumble as Castillo-backed leftist gains ground

Peruvian markets have reacted nervously as left-wing congressman Roberto Sanchez gains ground in a tight presidential race, reigniting

Peruvian markets stumble as Castillo-backed leftist gains ground
Asia|Business|Economy|Political|World

South Korean President Lee to make state visits to India and Vietnam

South Korean President Lee Jae Myung will make a state visit to India, the first by a South Korean leader in eight years, before heading to Vietnam, a presidential adviser

South Korean President Lee to make state visits to India and Vietnam
Business|Economy|World

UK economy surged ahead of Iran war, but energy shock to test resilience

Britain's economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many economists had

UK economy surged ahead of Iran war, but energy shock to test resilience
Business|Economy|Finance|Stock Markets|World

Stocks back to record-setting ways on Middle East truce hopes

World stocks climbed for a 10th straight day to hit new record highs on Thursday, as equity markets completed a remarkable

Stocks back to record-setting ways on Middle East truce hopes
Business|Economy|Environment|Political|World

Can Iran legally impose tolls on the Strait of Hormuz?

Tehran has sought to tighten its grip over the Strait of Hormuz by charging tolls on vessels to ensure safe passage, in conjunction with Iran's Islamic

Can Iran legally impose tolls on the Strait of Hormuz?
Economy|Political|US|World

New Jersey voters decide who will fill Mikie Sherrill’s House seat

By Nolan D.

New Jersey voters decide who will fill Mikie Sherrill’s House seat
Business|Economy|Finance|Stock Markets|World

Hedge funds on track for best monthly returns in over a decade, Goldman says

Hedge funds are on track for their best monthly performance in more than a decade, after overcoming a market downturn in March triggered by the Iran war

Hedge funds on track for best monthly returns in over a decade, Goldman says
Asia|Business|Economy|Technology|World

Samsung asks court to block illegal strike activities by unions

Samsung Electronics asked a court on Thursday to block its South Korean labour unions engaging in illegal activities during strike, a spokesperson said, as a wage dispute

Samsung asks court to block illegal strike activities by unions
Business|Economy|Technology|World

German car buyers keen on Chinese EV maker BYD in first quarter, data shows

Chinese car brands such as BYD are gaining traction among German consumers who are increasingly looking to buy electric cars amid rising

German car buyers keen on Chinese EV maker BYD in first quarter, data shows
Business|Economy|Finance|Stock Markets|Technology|US

Relaxation of US day-trading rules opens door to YOLO trading, higher risk

A regulatory move allowing smaller, everyday investors to engage in more day trading

Relaxation of US day-trading rules opens door to YOLO trading, higher risk
Business|Economy|Finance|Political|Stock Markets|US

Fed leadership transition on shaky ground as clock ticks on Powell's term

The prospect of a smooth-and-on-time transition to U.S.

Fed leadership transition on shaky ground as clock ticks on Powell's term
Business|Economy|Finance|Political|Stock Markets|US|World

US will punish fraud, insider trading, derivatives regulator tells Congress

Washington's top derivatives regulator is due on Thursday to reassure lawmakers that the United States will punish fraud as concern mounts on

US will punish fraud, insider trading, derivatives regulator tells Congress
Business|Economy|Finance|World

Pernod Ricard says Iran war to hit full-year sales despite Q3 pickup

Pernod Ricard warned on Thursday that full-year net sales will fall due to a decline in tourism in the Middle East amid the Iran war, even as it

Pernod Ricard says Iran war to hit full-year sales despite Q3 pickup
Business|Economy|Education|Technology

Boeing hiring more than 100 factory workers a week to grow output, replace retirees

Boeing is hiring around 100 to 140 factory workers a week, the highest pace since 2024, as the U.S. jetmaker replaces retirees and

Boeing hiring more than 100 factory workers a week to grow output, replace retirees
Business|Economy|Finance|Stock Markets|US|World

Wall Street bank earnings in five charts as volatile markets take center stage

Major U.S. banks delivered a split picture this week, as Middle East-linked market volatility lifted trading in the first quarter but clouded dealmaking prospects.

Wall Street bank earnings in five charts as volatile markets take center stage
Economy|Finance|Political|World

Brazil's Lula assails Trump threats, says leaders should seek respect

Brazil's President Luiz Inacio Lula da Silva delivered a blunt critique of U.S.

Brazil's Lula assails Trump threats, says leaders should seek respect
Economy|Political|US|World

Trump tries economic reset as Republicans fret over high gas prices  

U.S.

Trump tries economic reset as Republicans fret over high gas prices  
Business|Economy|Science|Technology

Starlink outage hit drone tests, exposing Pentagon’s growing reliance on SpaceX

Last August, U.S. Navy officials carrying out a test of unmanned vessels realized they had hit a single point of failure: Starlink.

Starlink outage hit drone tests, exposing Pentagon’s growing reliance on SpaceX
Business|Economy|Finance|Stock Markets

BNY's profit rises on strong fees, interest income growth​

BNY reported a rise in first-quarter profit on Thursday, as the world's largest custodian bank was helped by strong fee income and higher values of client assets.

BNY's profit rises on strong fees, interest income growth​
Business|Economy|Europe|Technology|World

Google should allow third-party search engines access to data, EU says

The European Commission has proposed that Google allow third-party search engines to access its search data, including that of artificial intelligence chatbots with

Google should allow third-party search engines access to data, EU says
Business|Economy|Environment|World

Iran war brings US close to net crude exporter for first time since World War Two

The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to

Iran war brings US close to net crude exporter for first time since World War Two
Asia|Business|Economy|Technology|World

TSMC lifts revenue forecast, pledges more capital spending to meet AI chip demand

TSMC raised its annual revenue forecast on Thursday and said it was stepping up capital spending this year as the world's

TSMC lifts revenue forecast, pledges more capital spending to meet AI chip demand
Business|Economy|Finance|Science|Technology

Strong ASML, TSMC forecasts signal AI spending boom is intact

Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race

Strong ASML, TSMC forecasts signal AI spending boom is intact
Business|Economy|Finance|Stock Markets|World

Six-week roundtrip

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets After a dreary, war-filled six weeks, global stocks are once again

Six-week roundtrip
Business|Economy|Political|World

Hopes for deal to end Iran war grow, but nuclear issues unresolved

Optimism grew on Thursday that the Iran war may be near an end, with a key Pakistani mediator having made a breakthrough on

Hopes for deal to end Iran war grow, but nuclear issues unresolved
Arts|Business|Economy|Europe|Fashion and Beauty|Finance|Stock Markets

Kering CEO pledges to double profit margins and revive Gucci brand​

Kering CEO Luca de Meo pledged to more than double the luxury group's operating profit margin and boost the appeal of its flagship brand Gucci

Kering CEO pledges to double profit margins and revive Gucci brand​
Business|Economy|Finance|Stock Markets|World

Travelers profit rises on stronger underwriting, lower catastrophe losses

Property and casualty insurance giant Travelers reported a jump in first-quarter profit, buoyed by robust underwriting gains and lower catastrophe losses than a year earlier when

Travelers profit rises on stronger underwriting, lower catastrophe losses
Business|Economy|Finance|Stock Markets|US|World

Wall St futures edge higher on Mideast diplomacy hopes, strong earnings

U.S. stock index futures inched higher on Thursday as investors grew more confident that the worst of the Middle East conflict had passed, while a

Wall St futures edge higher on Mideast diplomacy hopes, strong earnings
Business|Economy|Finance|Food|Stock Markets

PepsiCo's price cuts, brand refreshes power quarterly results beat

PepsiCo's price cuts for salty snacks in the U.S. and steady demand for diet sodas helped it beat Wall Street estimates, providing a buffer against growing

PepsiCo's price cuts, brand refreshes power quarterly results beat
Economy|Europe|Political|World

Bulgaria's pro-Russian former president leads election race on anti-graft ticket

In a grassy valley in rural southern Bulgaria, farmer Nikolay Vasiliev is desperate for change.

Bulgaria's pro-Russian former president leads election race on anti-graft ticket
Business|Economy|Finance|Stock Markets|World

Oil prices rise on doubts US-Iran peace talks will ease Hormuz disruption

Oil prices rose on Thursday, reversing earlier declines as the market questioned whether peace talks between the U.S. and Iran would achieve a deal to

Oil prices rise on doubts US-Iran peace talks will ease Hormuz disruption
Business|Economy|Finance|Stock Markets|World

JPMorgan's Dimon warns Iran war may drive inflation and interest rates higher

JPMorgan Chase CEO Jamie Dimon warned on Monday that the war in Iran risks oil and commodity price shocks that could keep inflation sticky and push

JPMorgan's Dimon warns Iran war may drive inflation and interest rates higher
Business|Economy|Finance|Health

US to raise Medicare Advantage payments to insurers by 2.48% in 2027, insurance stocks surge

The U.S. government said on Monday it would raise payments to private insurers offering Medicare Advantage plans to older adults in 2027 by

US to raise Medicare Advantage payments to insurers by 2.48% in 2027, insurance stocks surge
Business|Economy|Finance|Science|Technology

OpenAI urges California, Delaware to investigate Musk's 'anti-competitive behavior’

OpenAI urged the California and Delaware attorneys general to consider investigating Elon Musk and his associates' "improper and anti-competitive behavior", ahead of a trial

OpenAI urges California, Delaware to investigate Musk's 'anti-competitive behavior’
Business|Economy|Environment

Brazil's free cooking gas program threatened by energy price spike ahead of election

Surging energy prices could scupper a popular Brazilian program that provides free cooking gas to around 50 million people,

Brazil's free cooking gas program threatened by energy price spike ahead of election
Business|Economy|World

Trump proposes to cut 9,400 TSA workers, $1.5 billion from budget

The White House is proposing to cut more than 9,400 workers and just over $1.5 billion from the 60,000-employee Transportation Security

Trump proposes to cut 9,400 TSA workers, $1.5 billion from budget
Business|Economy|World

Equities gain, oil settles higher as investors watch US-Iran standoff

U.S. equity indexes closed modestly higher and U.S. oil futures settled above $112 per barrel on Monday as investors

Equities gain, oil settles higher as investors watch US-Iran standoff
Business|Economy|Environment|Technology

FAA proposes to hire 2,300 air traffic controllers in budget request

The Federal Aviation Administration said Monday it is proposing to hire 2,300 air traffic controller trainees as it works to address a persistent

FAA proposes to hire 2,300 air traffic controllers in budget request
Business|Economy|Finance|Stock Markets|World

Japan February household spending falls 1.8% year-on-year

Japanese household spending in February fell 1.8% from a year earlier, internal affairs ministry data showed on Tuesday, versus the median market forecast for a 0.7% fall.

Japan February household spending falls 1.8% year-on-year
Business|Economy|Political|World

UN expected to vote on watered-down Hormuz resolution on Tuesday

The U.N.

UN expected to vote on watered-down Hormuz resolution on Tuesday
Business|Economy|Travel|World

Air NZ hikes fares, cuts flights as fuel costs more than double on Iran war

Air New Zealand said on Tuesday it would slash flights across May and June as well as hike fares, as the Iran war disrupts global air travel and sends jet fuel costs higher.

Air NZ hikes fares, cuts flights as fuel costs more than double on Iran war
Business|Economy|Finance|Stock Markets|Technology|US

Broadcom signs long-term deal to develop Google’s custom AI chips

Broadcom said on Monday it has signed a long-term agreement with Google to develop and supply future generations of custom artificial intelligence chips and other components for

Broadcom signs long-term deal to develop Google’s custom AI chips
Business|Economy|Environment|Finance|US|World

Trump's shipping waiver does not boost oil flows within US; fuel exports soar

U.S.

Trump's shipping waiver does not boost oil flows within US; fuel exports soar
Business|Economy|Environment|Finance|Stock Markets|US

Phillips 66 faces $900 million loss as Iran crisis lifts oil prices

U.S. refiner Phillips 66 said on Monday its first-quarter results were hit by a sharp increase in commodity prices, leaving it with nearly $900 million in

Phillips 66 faces $900 million loss as Iran crisis lifts oil prices
Business|Economy|Environment|Finance|Stock Markets|World

US crude premiums climb to record levels as Asia, Europe compete for supply

Spot premiums for U.S.

US crude premiums climb to record levels as Asia, Europe compete for supply
Business|Economy|Environment|World

China's Xi urges faster development of new energy system as Middle East war continues

Chinese President Xi Jinping has called for accelerated planning and construction of a new energy system to safeguard the country's

China's Xi urges faster development of new energy system as Middle East war continues
Business|Economy|Finance|Political|Stock Markets|US|World

Wall St ends higher as investors parse US-Iran negotiations, threats

U.S. stocks advanced on Monday as investors looked for signs of progress toward a U.S.-Iran ceasefire deal and evaluated President Donald Trump's

Wall St ends higher as investors parse US-Iran negotiations, threats
Business|Economy|Finance|Stock Markets|World

A breakthrough deal or a crude awakening?

A look at the day ahead in European and global markets from Ankur Banerjee: Markets are holding their collective breath as optimism over a possible deal to open the Strait of Hormuz clashes with the

A breakthrough deal or a crude awakening?
Business|Crime|Economy|Education|MidEast|Political|World

Iran rejects ceasefire as Trump ramps up threats ahead of deadline

Iran said on Monday it wanted a lasting end to the war with the U.S. and Israel, and pushed back against pressure to reopen the Strait of Hormuz, while U.S.

Iran rejects ceasefire as Trump ramps up threats ahead of deadline
Business|Economy|Environment|Food|Science|Technology

Chinese pigs fed new menu as Beijing weans farmers off US soy

At the edge of one of the many pig farms spread across the vast, unbroken floodplains of Taizhou, a two-hour drive northwest of

Chinese pigs fed new menu as Beijing weans farmers off US soy
Business|Economy|Political|Science|Technology|World

China targets Taiwan's chip prowess to evade global 'containment', Taipei government says

China is targeting Taiwan to obtain its advanced chip manufacturing technology and talent as a way of breaking through international "containment" of the country, according

China targets Taiwan's chip prowess to evade global 'containment', Taipei government says
Asia|Economy|Political|World

Vietnam's top leader To Lam consolidates power, gets China-style mandate

Vietnam's lawmakers unanimously elected Communist Party Secretary General To Lam as the country's state president for the

Vietnam's top leader To Lam consolidates power, gets China-style mandate
Business|Economy|Education|Political|World

Democrats see a chance to win back Latino voters in southern Florida

Republicans’ longstanding support among voters of Cuban and Venezuelan descent in South Florida, a cornerstone of the party’s regional success over the

Democrats see a chance to win back Latino voters in southern Florida
Africa|Business|Economy|Finance|Stock Markets|World

South Africa private sector returns to growth but Iran war clouds outlook, PMI shows

South Africa's private sector returned to growth in March as faster output and hiring outweighed a slump in export orders and business confidence linked to the U.S.-

South Africa private sector returns to growth but Iran war clouds outlook, PMI shows
Business|Economy|Science|Technology

Samsung flags eightfold jump in quarterly profit as AI chip demand pumps prices

Samsung Electronics on Tuesday projected its first-quarter earnings would exceed its entire profit for last year, beating expectations as

Samsung flags eightfold jump in quarterly profit as AI chip demand pumps prices
Economy|World

Iraq could restore oil exports to pre-war level within a week if Hormuz reopens, Basra Oil chief says

Iraq could restore crude oil exports to around 3.4 million barrels per day within a week provided the Iran war ends and the Strait of Hormuz reopens,

Iraq could restore oil exports to pre-war level within a week if Hormuz reopens, Basra Oil chief says
Business|Economy|Europe|World

Spain services sector grows but costs soar, confidence weakens amid war, PMI shows

Spain's services sector expanded faster in March but demand softened, costs rose at the fastest pace in nearly three years and confidence weakened amid the war in the

Spain services sector grows but costs soar, confidence weakens amid war, PMI shows
Business|Economy|Environment|Science|Technology

LG Energy Solution flags Q1 operating loss on weak EV demand

South Korean battery maker LG Energy Solution (LGES) said on Tuesday it expects to post a first-quarter operating loss of 208 billion won ($138.16 million), as weaker demand

LG Energy Solution flags Q1 operating loss on weak EV demand
Business|Economy|Finance|Science|Stock Markets|Technology

SpaceX lays out IPO details, targets early June roadshow, sources say

SpaceX outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night, telling them it plans to earmark a large portion of

SpaceX lays out IPO details, targets early June roadshow, sources say
Business|Economy|Europe|World

Italy service sector contracts for first time in 16 months, survey shows

Italy's service sector contracted in March for the first time in 16 months, a business survey showed on Tuesday, as domestic and foreign demand declined and costs surged in

Italy service sector contracts for first time in 16 months, survey shows
Asia|Business|Economy|Political|World

Vietnam's top leader To Lam wins state presidency, gets China-style mandate

Vietnam's lawmakers on Tuesday unanimously elected Communist Party Secretary General To Lam as the country's state

Vietnam's top leader To Lam wins state presidency, gets China-style mandate
Africa|Business|Economy|World

Kenya private sector activity shrinks for first time since August 2025

Kenya's private sector activity contracted in March for the first time since August, partly due to the war in the Middle East, with only the wholesale and retail sectors

Kenya private sector activity shrinks for first time since August 2025
Business|Economy|World

German service sector growth slows to seven-month low, PMI shows

Business activity growth in Germany's service sector abruptly lost momentum in March as demand weakened amid fallout from the war in the Middle East, a survey showed on

German service sector growth slows to seven-month low, PMI shows