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Today: May 29, 2026
Today: May 29, 2026

Economy

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
Australia|Economy|Finance|Political

Australia introduces bill to overhaul property tax breaks, capital gains rule

Australia's government introduced a bill in parliament on Thursday to make the biggest overhaul of tax rules in decades, including scrapping a capital gains

Australia introduces bill to overhaul property tax breaks, capital gains rule
Business|Crime|Economy|Education|Election|Finance|Political|Stock Markets|US|World

Five ways Paxton's big win in Texas could backfire on Trump

Texas Attorney General Ken Paxton decisively defeated longtime Senator John Cornyn in Tuesday's Republican runoff for U.S.

Five ways Paxton's big win in Texas could backfire on Trump
Business|Economy|Finance|World

Fed's Jefferson says monetary policy is 'well positioned' amid inflation risks

By Michael S.

Fed's Jefferson says monetary policy is 'well positioned' amid inflation risks
Business|Economy|Technology|World

South Korea exports set to rise for 12th month on chip boom: Reuters poll

South Korean exports likely rose for a 12th straight month in May, as a global boom in AI investment drove a surge in chip sales, a Reuters poll showed on

South Korea exports set to rise for 12th month on chip boom: Reuters poll
Asia|Business|Economy|Finance|Stock Markets|World

South Korea central bank holds rates, as expected

The Bank of Korea kept its policy interest rate steady on Thursday, as it weighs geopolitical risks against a weakening won and resurgent inflation that point to higher rates

South Korea central bank holds rates, as expected
Economy|Finance|Political|US|World

US strikes Iran again, official says, after Trump denies deal on Strait of Hormuz

The U.S. military carried out new strikes targeting an Iranian drone operation that posed a threat to U.S. forces

US strikes Iran again, official says, after Trump denies deal on Strait of Hormuz
Business|Economy|Finance|Political|World

US Treasury sanctions Iran's Hormuz strait authority

The United States has sanctioned the Persian Gulf Strait Authority, the body Iran has set up to manage the Strait of Hormuz, the Treasury Department said on Wednesday.

US Treasury sanctions Iran's Hormuz strait authority
Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

US imposes sanctions on Iranian agency trying to control shipping in the Strait of Hormuz

The Trump administration has placed additional sanctions on Iran as part of a sprawling economic pressure campaign during the war, this time targeting the country’s newly created agency that is trying to control shipping through the Strait of Hormuz

US imposes sanctions on Iranian agency trying to control shipping in the Strait of Hormuz
Business|Crime|Economy|Political|World

California to impose 100% tax on Trump's January 6 'slush fund,' governor says

California will impose a 100% tax on payments distributed under the Trump administration's nearly $1.8 billion fund for victims of alleged political "weaponization,"

California to impose 100% tax on Trump's January 6 'slush fund,' governor says
Economy|Political|US|World

Trump says he can outwait Iran, dismisses midterm election pressure

U.S.

Trump says he can outwait Iran, dismisses midterm election pressure
Business|Economy|World

How Venezuela awarded Centerview a prized debt role with little competition

When interim Venezuelan President Delcy Rodriguez's administration announced the oil-rich country was embarking on an overhaul

How Venezuela awarded Centerview a prized debt role with little competition
Business|Economy|Environment|Science|Technology

Bayer sued for allegedly monopolizing US market for GMO corn seeds

Bayer used illegal and anti-competitive practices to monopolize the U.S. market for genetically engineered corn seeds, reaping "hundreds of millions, if not

Bayer sued for allegedly monopolizing US market for GMO corn seeds
Business|Economy|Europe|Finance|Stock Markets|World

UK consumer services sector sentiment falls to lowest in over a year

Sentiment among Britain's consumer-facing services businesses fell to its lowest since February 2025 this month and a recent rebound in business services morale reversed

UK consumer services sector sentiment falls to lowest in over a year
Business|Economy|World

US Treasury to erase 80 outdated names from sanctions blacklist as it launches new review

The U.S.

US Treasury to erase 80 outdated names from sanctions blacklist as it launches new review
Economy|Political|World

What’s in the proposed deal that could end the US-Iran conflict?

What’s in the proposed deal that could end the US-Iran conflict?

What’s in the proposed deal that could end the US-Iran conflict?
Business|Crime|Economy|Environment|Health|World

9 missing after Washington paper mill tank rupture and officials say there's no hope of survivors

Crews are resuming the search for nine people presumed killed at a Washington state paper mill where a chemical tank ruptured

9 missing after Washington paper mill tank rupture and officials say there's no hope of survivors
Business|Economy|Sports

Baseball players ask for expanded free agency, salary arbitration rights, almost doubling minimum

Baseball players seek expanded free agency and salary arbitration rights

Baseball players ask for expanded free agency, salary arbitration rights, almost doubling minimum
Business|Economy|Education|Environment|Finance|Health|Political|Science|US|World

Fair housing groups file lawsuit arguing a federal rule change removes protections

Fair housing groups have filed a lawsuit over a rule change by the Trump administration that they allege reverses decades of lending protections and opens the door to discrimination against Black people, Latinos and other minorities

Fair housing groups file lawsuit arguing a federal rule change removes protections
Business|Economy|Finance|Health|Technology

Amazon puts Amwell co-founder in charge of healthcare unit; longtime executive to depart

Amazon is putting a doctor in charge of its growing healthcare business. The firm on Wednesday announced Dr.

Amazon puts Amwell co-founder in charge of healthcare unit; longtime executive to depart
Business|Economy|Technology|World

Pentagon awards Microsoft $9.7 billion deal in bid to cut costs, end license sprawl

The Pentagon on Wednesday announced a five-year, $9.69 billion agreement to consolidate Microsoft and other enterprise software licenses scattered across

Pentagon awards Microsoft $9.7 billion deal in bid to cut costs, end license sprawl
Business|Economy|Technology

HP tops revenue, profit estimates as AI PC and Windows 11 refresh boost demand

HP beat analysts' estimates for second-quarter revenue and profit on Wednesday, helped by strong demand for AI-optimized personal computers, but warned that rising

HP tops revenue, profit estimates as AI PC and Windows 11 refresh boost demand
Business|Economy|Finance|Stock Markets|Technology

Salesforce revenue forecast disappoints amid AI disruption fears

Salesforce forecast second-quarter revenue below Wall Street estimates on Wednesday, as concerns over AI-driven disruption to traditional software demand overshadowed

Salesforce revenue forecast disappoints amid AI disruption fears
Business|Economy|Finance|Technology|World

Mexican telecoms giant America Movil targets steady growth, holds capex at $7 billion

Mexican telecommunications giant America Movil on Wednesday outlined its financial outlook through 2028, according to a J.P.

Mexican telecoms giant America Movil targets steady growth, holds capex at $7 billion
Business|Economy|Finance|Stock Markets|World

Trading Day: Pause before PCE

World stocks eked out new highs while major markets such as the S&P 500, U.S. dollar and Treasuries were largely steady on Wednesday as investors

Trading Day: Pause before PCE
Business|Economy|World

Brazil central bank chief weighs two women for Copom vacancies, say sources

Brazil's Central Bank Governor Gabriel Galipolo is considering recommending two female professionals to fill vacancies on the bank's nine-member rate-

Brazil central bank chief weighs two women for Copom vacancies, say sources
Business|Economy|Finance|Stock Markets|US

Wells Fargo CEO sees mid-teens growth in investment banking, trading

Wells Fargo expects investment banking and trading revenue to rise by mid-teen percentage points in the second quarter, Chief Executive Charlie Scharf said on Wednesday.

Wells Fargo CEO sees mid-teens growth in investment banking, trading
Business|Economy|World

NZ central bank watching how much weaker demand would offset price increases

New Zealand's central bank is watching how much weaker demand from higher energy costs would hold back other price increases, a key

NZ central bank watching how much weaker demand would offset price increases
Business|Economy|Environment|Health

California residents evacuated due to chemical tank threat return home but fears remain

Residents were back in their homes near a chemical tank that overheated in Southern California

California residents evacuated due to chemical tank threat return home but fears remain
Business|Economy|Finance|Technology

Trump Accounts app to go live Thursday

Trump Accounts app to go live Thursday

Trump Accounts app to go live Thursday
Business|Economy|Finance|Stock Markets|World

Carlyle CEO sees market for defense investments as 'unlimited'

Investment firm Carlyle sees limitless opportunity to invest in the defense sector as governments globally hike military spending, Chief Executive Harvey

Carlyle CEO sees market for defense investments as 'unlimited'
Business|Economy|Technology|World

FAA expects Boeing MAX 7 to be certified this summer, sees more production hikes

The head of the Federal Aviation Administration said on Wednesday that he expects the Boeing 737 MAX 7 to be certified this summer and the larger MAX

FAA expects Boeing MAX 7 to be certified this summer, sees more production hikes
Economy|Environment|Political|Science|World

The Latest: Trump convened his Cabinet as talks to end Iran war remain in flux

President Donald Trump convened his Cabinet on Wednesday at a precarious moment for talks aimed at ending the Iran war, saying “things are going very well” days after insisting a settlement was “largely negotiated.”

The Latest: Trump convened his Cabinet as talks to end Iran war remain in flux
Business|Economy|Political|Technology|World

Zelenskyy asks Trump for more US air defense help against Russian missile attacks, Kyiv says

Ukrainian President Volodymyr Zelenskyy has written to U.S. President Donald Trump and Congress asking for more air defense ammunition

Zelenskyy asks Trump for more US air defense help against Russian missile attacks, Kyiv says
Business|Economy|Europe|Political|World

EU's von der Leyen discussed Ukraine's path to EU membership with Zelenskiy

European Commission President Ursula von der Leyen said on Wednesday she had discussed Ukraine's path to EU membership with President Volodymyr Zelenskiy.

EU's von der Leyen discussed Ukraine's path to EU membership with Zelenskiy
Business|Economy|Finance|Stock Markets|Technology

Snowflake boosts forecast, signs $6 billion AWS deal as enterprise AI adoption grows

Snowflake raised annual product revenue forecast on Wednesday, as enterprises ramped up spending on AI applications and shifted more data workloads to its

Snowflake boosts forecast, signs $6 billion AWS deal as enterprise AI adoption grows
Business|Economy|Finance|Science|Stock Markets|Technology

Synopsys reaches settlement with Elliott, says Jesse Cohn to join board

Chip design software maker Synopsys has reached an agreement with activist investor Elliott Investment Management that will give one board seat to

Synopsys reaches settlement with Elliott, says Jesse Cohn to join board
Business|Economy|Environment|World

Oil settles 5% lower as investors await updates on US-Iran peace deal talks

Oil prices fell 5% to their lowest level in over a month on Wednesday as investors awaited updates on a framework of a U.S.-Iran deal to end their

Oil settles 5% lower as investors await updates on US-Iran peace deal talks
Business|Economy|Finance|Stock Markets|US

Fed watchdog looking at reappointment process for central bank's regional presidents

By Michael S.

Fed watchdog looking at reappointment process for central bank's regional presidents
Business|Economy|World

Russia warns Armenia on supplies over EU bid; Trump backs PM Pashinyan

Russia said on Wednesday it had warned Armenia it would suspend or terminate the supply of cheap oil, gas and

Russia warns Armenia on supplies over EU bid; Trump backs PM Pashinyan
Business|Economy|Finance|World

Fed's Cook says she is prepared to raise rates if inflation doesn't ease

Federal Reserve Governor Lisa Cook on Wednesday said she feels the U.S. central bank should hold short-term interest rates steady for now but, with tariffs, the Iran

Fed's Cook says she is prepared to raise rates if inflation doesn't ease
Business|Economy|Finance|Stock Markets|Technology|World

US stocks inch to more records after oil prices drop

U.S. stocks inched to more records after oil prices fell back to where they were in mid-April

US stocks inch to more records after oil prices drop
Economy|Sports|Travel|World

Sole player who lives in Haiti awaits US visa as his squad prepares for the World Cup in Florida

The only member of Haiti’s national soccer team who is based in the troubled Caribbean country is awaiting a U.S. visa to join the squad in Florida just weeks before the start of the World Cup

Sole player who lives in Haiti awaits US visa as his squad prepares for the World Cup in Florida
Business|Economy|Education|Health|Lifestyle

A new specialty license plate will help pay off school lunch debt across Utah

A new specialty license plate will help pay off school lunch debt across Utah

A new specialty license plate will help pay off school lunch debt across Utah
Economy|Political|US|World

Trump plays mayor at Cabinet meeting, showcasing his DC renovations

President Donald Trump took on the role of a small town mayor during his latest Cabinet meeting, spending 10 full minutes describing in great detail the various beautification projects underway around Washington, D.C. He highlighted efforts to fix fountains, power-wash pools and repair brick walkways

Trump plays mayor at Cabinet meeting, showcasing his DC renovations
Business|Crime|Economy|Environment

California man accused of stealing 1,000 gallons of diesel in series of fuel thefts

California man accused of stealing 1,000 gallons of diesel in series of fuel thefts

California man accused of stealing 1,000 gallons of diesel in series of fuel thefts
Business|Economy|Finance|Stock Markets|US|World

Apex Service sells minority stake to Apollo at $10 billion valuation, source says

Home services company Apex Service Partners has agreed to sell a minority stake to Apollo Global Management in a deal that a source familiar with

Apex Service sells minority stake to Apollo at $10 billion valuation, source says
Business|Economy|Political|World

US, Mexico set three rounds of trade deal talks without Canada

The Trump administration's trade agency said on Wednesday it will kick off the first of three negotiating rounds with Mexico this week to revamp the

US, Mexico set three rounds of trade deal talks without Canada
Business|Economy|Fashion and Beauty|Sports

After bitter proxy fight, Lululemon CEO could use war chest to revamp bruised brand

Hard-hit Lululemon Athletica has ended a months-long proxy fight with founder Chip Wilson that weighed on its shares amid weakening brand appeal.

After bitter proxy fight, Lululemon CEO could use war chest to revamp bruised brand
Africa|Economy|Political|Travel|World

Ghanaians repatriated from South Africa after anti-immigrant protests

Almost 300 Ghanaian nationals returned home on Wednesday after waves of anti-immigrant protests in South Africa heightened safety concerns.

Ghanaians repatriated from South Africa after anti-immigrant protests
Business|Economy|Political|World

New Zealand plans austere budget in election year as Iran war fans economic risks

Less than six months out from what's shaping up to be a closely fought election, New Zealand will unveil a bare-bones budget on Thursday, one forged in

New Zealand plans austere budget in election year as Iran war fans economic risks
Business|Economy|Finance|Stock Markets|US|World

Wall Street indexes post closing record highs, AI rally pauses

Rising healthcare and consumer stocks lifted the Dow Jones Industrial Average on Wednesday to a record closing high, while

Wall Street indexes post closing record highs, AI rally pauses
Business|Economy|Finance|Stock Markets|US

United Airlines CEO rules out consolidation push after American rebuff

United Airlines CEO Scott Kirby said on Wednesday the carrier does not expect to pursue airline consolidation for the foreseeable

United Airlines CEO rules out consolidation push after American rebuff
Economy|Political|US|World

Fact check: Trump makes false claims about Iran war, the economy and the reflecting pool at Cabinet meeting

Fact check: Trump makes false claims about Iran war, the economy and the reflecting pool at Cabinet meeting

Fact check: Trump makes false claims about Iran war, the economy and the reflecting pool at Cabinet meeting
Business|Crime|Economy|Environment|Lifestyle

DoorDash driver caught on camera stealing tips from server working a Memorial Day double shift

DoorDash driver caught on camera stealing tips from server working a Memorial Day double shift

DoorDash driver caught on camera stealing tips from server working a Memorial Day double shift
Business|Economy|Finance

Man received survivor benefits as a teen after dad's death; the government wants it back decades later

Man received survivor benefits as a teen after dad's death; the government wants it back decades later

Man received survivor benefits as a teen after dad's death; the government wants it back decades later
Business|Crime|Economy|Finance|Lifestyle

Homeowners getting eviction notices after little-known legal document filed in 2024

Homeowners getting eviction notices after little-known legal document filed in 2024

Homeowners getting eviction notices after little-known legal document filed in 2024
Business|Economy|Health|Political|Science|Technology

Iowa law funds pediatric cancer research through vape tax

Iowa law funds pediatric cancer research through vape tax

Iowa law funds pediatric cancer research through vape tax
Business|Economy|Education|Finance|Health|Political|US

Rep. Mike Flood holds town hall amid voter focus on affordability, Iran war

Rep. Mike Flood holds town hall amid voter focus on affordability, Iran war

Rep. Mike Flood holds town hall amid voter focus on affordability, Iran war
Business|Economy|Election|Environment|Political|World

Peru presidential candidates' mining plans cast doubt on investment, industry leader says

The president of Peru's National Society of Mining, Petroleum and Energy (SNMPE) on Tuesday warned that opposing mining policies from the two presidential

Peru presidential candidates' mining plans cast doubt on investment, industry leader says
Business|Economy|Finance|World

Brazilian inflation tops target band in early May, clouds easing path

Brazil's 12-month inflation in early May exceeded the upper end of the central bank's target range for the first time since October 2025, official data showed on

Brazilian inflation tops target band in early May, clouds easing path
Business|Economy|Finance|Technology|World

GE Aerospace sees engine maintenance demand hold up despite higher fuel prices

GE Aerospace has not seen airlines pull back on engine maintenance or parts orders despite higher fuel prices and softer flight departures, CEO Larry

GE Aerospace sees engine maintenance demand hold up despite higher fuel prices
Business|Economy|Environment|Technology

Trump's domestic shipping waiver has not cut gasoline prices by much, data shows

President Donald Trump’s waivers allowing foreign-flagged ships to move oil and fuel between U.S. ports have had little impact on

Trump's domestic shipping waiver has not cut gasoline prices by much, data shows
Economy|Election|Europe|Finance|Political|World

UK's ex-PM Blair calls on Labour to focus on policy, not personality

Tony Blair, who led Labour to victory in three UK elections, called on the party on Tuesday to shun the temptation to move left or reverse Brexit to shore up its fortunes,

UK's ex-PM Blair calls on Labour to focus on policy, not personality
Business|Economy|Environment|Technology|World

Boeing increasing 737 production after consulting FAA

Boeing is increasing 737 production to 47 jets a month, up from 42, after consulting with the Federal Aviation Administration, Boeing CEO Kelly

Boeing increasing 737 production after consulting FAA
Business|Economy|Entertainment|Technology|World

Michael Nelson, Reuters veteran who oversaw its transformation, dies at 97

When in April 1968, years into the Vietnam War, communist forces declared their openness to a negotiated peace, Michael Nelson was quick to flag Reuters as

Michael Nelson, Reuters veteran who oversaw its transformation, dies at 97
Business|Economy|Science|Technology

Capgemini says AI widens client spending pool

By Leo Marchandon and Coralie Lamarque (REUTERS), May 27 (Rtrs) - Capgemini on Thursday said artificial intelligence was opening access to client spending beyond traditional information technology

Capgemini says AI widens client spending pool
Economy|Political|Technology|World

Iranians are back online after a monthslong shutdown but still face heavy restrictions

Iranians have begun to regain internet access after authorities ended a monthslong shutdown

Iranians are back online after a monthslong shutdown but still face heavy restrictions
Economy|Europe|World

US extends Temporary Protected Status for Lebanon until November

The Trump administration will extend deportation protections and work permits for thousands of Lebanese nationals in the U.S. for

US extends Temporary Protected Status for Lebanon until November
Economy|Environment|Political|World

Former Canadian minister to quit seat over environmental concerns, shrinking Carney's government

Former Canadian cabinet minister Steven Guilbeault said on Wednesday he plans to step down from his seat in parliament, citing his desire to fight for environmental

Former Canadian minister to quit seat over environmental concerns, shrinking Carney's government
Business|Economy|Finance|World

Sri Lanka's surprise rate hike risks choking off IMF-backed recovery

Sri Lanka's surprise 100 basis-point interest rate hike risks tipping into over-tightening just as a fragile, IMF-backed recovery takes hold,

Sri Lanka's surprise rate hike risks choking off IMF-backed recovery
Economy|Environment|World

Puerto Rico governor announces emergency to fight worsening coastal erosion

Puerto Rico’s governor has announced a state of emergency following critical coastal erosion along the U.S. territory’s north coast

Puerto Rico governor announces emergency to fight worsening coastal erosion
Business|Economy|Finance|Health

New Fed report warns of ‘remarkable’ increase in households skipping meals due to food costs

New Fed report warns of ‘remarkable’ increase in households skipping meals due to food costs

New Fed report warns of ‘remarkable’ increase in households skipping meals due to food costs
Economy|Election|Finance|Political|US

Trump is getting the Republican Party he wants. But can he win in the midterms?

President Donald Trump has been showcasing his influence in Republican primaries, recently endorsing Ken Paxton in Texas

Trump is getting the Republican Party he wants. But can he win in the midterms?
Business|Economy|Finance|Stock Markets|US

JPMorgan CEO sees expenses climbing; eyes up to $20 billion M&A opportunity

JPMorgan Chase's expenses for this year could be $1 billion higher than earlier estimates, which could potentially crimp its profitability,

JPMorgan CEO sees expenses climbing; eyes up to $20 billion M&A opportunity
Business|Economy|Science|Technology

Global firms use AI at Indian hubs to bring more ad work in-house

Global companies are using AI at their Indian hubs to bring more creative work in-house, cutting turnaround time and their reliance on

Global firms use AI at Indian hubs to bring more ad work in-house
Business|Economy|Health|World

NY Fed finds 'remarkable increase' in food insecurity for many Americans

By Michael S.

NY Fed finds 'remarkable increase' in food insecurity for many Americans
Business|Economy|Finance|Stock Markets|World

Lazard taps BofA veteran Burton-Morgan for new ECM advisory role, source says

Investment bank Lazard has hired industry veteran Daniel Burton-Morgan to lead a newly created advisory role, a source familiar with the matter said on Wednesday.

Lazard taps BofA veteran Burton-Morgan for new ECM advisory role, source says
Americas|Business|Economy|Europe|Fashion and Beauty|MidEast

Abercrombie, Bath & Body Works' results show Americans are still spending, but selectively

Abercrombie & Fitch and Bath & Body Works beat quarterly profit estimates, sending their shares up more than 12% on Wednesday, and signaled that economic

Abercrombie, Bath & Body Works' results show Americans are still spending, but selectively
Business|Economy|Finance|US|World

U.S. banks report profit uptick in first quarter: FDIC

U.S. banks reported a 3.6% increase in their profits in the first quarter of 2026, rising to $80.5 billion as domestic deposits grew again and banks

U.S. banks report profit uptick in first quarter: FDIC
Business|Economy|Finance|Science|Stock Markets|Technology|US

US space stocks rise on SpaceX IPO hype

Shares of U.S. space companies continued to climb on Wednesday, extending their recent rally as investors bet that rocket company SpaceX's

US space stocks rise on SpaceX IPO hype
Business|Economy|Environment|Finance|World

Canada turns from US to Europe as Iran war propels aluminium higher

Canada is pushing more of its aluminium towards Europe to make the most of higher premiums on offer, after its neighbour the United States

Canada turns from US to Europe as Iran war propels aluminium higher
Business|Economy|Environment|Finance|Stock Markets|World

Stocks eke out record closing highs, oil slides as markets eye US-Iran peace progress

Wall Street stocks showed little conviction on Wednesday, inching to all-time closing highs, while crude oil prices retreated as investors assessed

Stocks eke out record closing highs, oil slides as markets eye US-Iran peace progress
Business|Economy|Environment|World

COSCO products tanker leaving Strait of Hormuz, oil traffic still limited

An oil products tanker operated by Chinese shipping group COSCO was in the process of crossing through the Strait of Hormuz on Wednesday, after two crude

COSCO products tanker leaving Strait of Hormuz, oil traffic still limited
Business|Economy|Finance|Stock Markets|World

Yen slides toward intervention zone as Iran war tensions lift dollar

The yen fell to its weakest level in nearly four weeks on Wednesday, edging closer to levels that prompted Japanese authorities

Yen slides toward intervention zone as Iran war tensions lift dollar
Business|Economy|Finance|Stock Markets|US

BofA CEO sees 15% growth in second-quarter trading revenue

Bank of America expects trading revenue to jump 15% in the second quarter from a year ago when the market was hit by the volatility from

BofA CEO sees 15% growth in second-quarter trading revenue
Business|Economy|Travel

American Airlines sees resilient demand cushioning fuel-price hit

American Airlines is sticking with its recently lowered full-year profit outlook despite a sharp jump in fuel prices, CEO Robert

American Airlines sees resilient demand cushioning fuel-price hit
Business|Economy|Science|Technology|World

OpenAI Foundation commits $250 million to help workers, economies navigate AI disruption

The non-profit that controls OpenAI will commit an initial $250 million for grants, partnerships and direct work aimed at helping workers and economies navigate the disruption

OpenAI Foundation commits $250 million to help workers, economies navigate AI disruption
Business|Economy|Environment|US

Exxon wins shareholder backing for legal move to Texas

Exxon Mobil shareholders on Wednesday approved the company's plan to redomicile in Texas, marking a win for the top U.S. oil producer after

Exxon wins shareholder backing for legal move to Texas
Business|Economy|Political|Technology|World

US will need years to replenish stockpiles of advanced weapons used in Iran war, new analysis finds

U.S. military contractors will need at least three years to replenish stockpiles of three key weapons systems used in the Iran war

US will need years to replenish stockpiles of advanced weapons used in Iran war, new analysis finds
Business|Economy|Technology|World

Massachusetts Uber, Lyft drivers certify first statewide ride-hailing union amid automation fears

Drivers in Massachusetts for ride-hailing apps such as Uber and Lyft have become the first in the nation to certify a union

Massachusetts Uber, Lyft drivers certify first statewide ride-hailing union amid automation fears
Business|Economy|Finance|Stock Markets|US

Median pay for CEOs rose nearly 6% in 2025, but some compensation packages were eye-popping

The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives for bigger profits and higher stock prices, and gave them incentives to stick around and make even more money for shareholders in the years ahead

Median pay for CEOs rose nearly 6% in 2025, but some compensation packages were eye-popping
Economy|Environment|Science|Technology|World

A warmer world creates bigger and more damaging hailstones, study says

A new study says the size and damage from hailstones will increase in a warming world

A warmer world creates bigger and more damaging hailstones, study says
Business|Economy|Finance|Stock Markets|World

US mortgage rate rises to nine-month high, worsening affordability again

The rate on the most popular U.S. residential real estate loan hit a nine-month high last week in another blow to home-ownership affordability, as the Iran war kept oil prices

US mortgage rate rises to nine-month high, worsening affordability again
Business|Economy|Education|Environment|Finance|Political|World

Bolivia clears path to send troops onto streets to calm protests

Bolivia's President Rodrigo Paz on Wednesday took steps toward potentially declaring a state of emergency as anti-government protests have escalated in the early months of

Bolivia clears path to send troops onto streets to calm protests
Asia|Business|Economy|Political|World

Taiwan president gifts Trump autobiography of TSMC founder

Taiwan President Lai Ching-te on Wednesday gifted U.S.

Taiwan president gifts Trump autobiography of TSMC founder
Business|Economy|Finance|Stock Markets|World

S&P 500 forecast to end year slightly higher even as war drags on

The benchmark Standard & Poor's 500 index will end 2026 slightly higher than its current record levels, according to a Reuters poll of stock

S&P 500 forecast to end year slightly higher even as war drags on
Business|Economy|Finance|Stock Markets|Technology

Robinhood opens platform to AI agents for trading, credit card purchases

Robinhood will allow customers to deploy AI agents to trade stocks on its platform and make purchases on its credit card, the company said on Wednesday.

Robinhood opens platform to AI agents for trading, credit card purchases
Arts|Business|Economy|Europe

AkzoNobel rejects €12.5 billion Nippon Paint, Sherwin-Williams takeover offer

Dulux paint maker AkzoNobel struck down a €12.5 billion ($14.6 billion) cash takeover offer from rivals Nippon Paint and Sherwin-Williams on Wednesday, sending its

AkzoNobel rejects €12.5 billion Nippon Paint, Sherwin-Williams takeover offer
Business|Economy|Environment|Finance|Science|Technology|World

Defence-driven demand powers surge in US listings by mining firms

There has been a surge in mining companies seeking U.S. listings this year, but even more striking is the change in language as firms explicitly target

Defence-driven demand powers surge in US listings by mining firms
Business|Economy|Technology|World

Wall St opens higher on AI optimism, Mideast truce hopes

Wall Street's main indexes opened higher on Wednesday aided by sustained AI-driven momentum, while investors were cautiously optimistic that the U.S. and Iran would reach a deal.

Wall St opens higher on AI optimism, Mideast truce hopes
Business|Economy|Environment|Science|Technology

Nuclear firm Newcleo to list on Nasdaq in a deal valuing it at $2.4 billion

Nuclear energy company Newcleo has entered an agreement to list on the Nasdaq stock exchange through a merger with NewHold Investment Corp III, the firm

Nuclear firm Newcleo to list on Nasdaq in a deal valuing it at $2.4 billion
Economy|Health|Science|World

'Breakneck' Ebola epidemic in Congo outpaces world's response

In an Ebola outbreak, hours matter. 

'Breakneck' Ebola epidemic in Congo outpaces world's response
Business|Economy|Political|Technology|World

'Greetings after 88 days': Iranians reconnect after long internet shutdown

Iranians isolated by a long internet shutdown imposed by the authorities during the war with the U.S. and Israel

'Greetings after 88 days': Iranians reconnect after long internet shutdown
Economy|Political|US|World

Iran state TV says draft deal with US would reopen Hormuz shipping, end naval blockade

(Corrects first paragraph to show that state TV obtained the draft, not Tehran.

Iran state TV says draft deal with US would reopen Hormuz shipping, end naval blockade
Business|Economy|Finance|Technology|World

Top central banks forge ahead with 'always-on' cross-border payments testing

A group of the world's leading central banks and more than 40 major commercial banks are to step up testing of one of the world's most closely watched digital

Top central banks forge ahead with 'always-on' cross-border payments testing
Business|Economy|Fashion and Beauty|Finance|Stock Markets

Capri sees quarterly sales slide again, leans on Michael Kors turnaround

Capri Holdings forecast another quarter of declining sales on Wednesday but provided an upbeat annual profit target as it bets on a turnaround

Capri sees quarterly sales slide again, leans on Michael Kors turnaround
Asia|Business|Economy|Technology|World

American Airlines plans to double India tech hub staff, sources say

U.S. carrier American Airlines Group plans to double headcount at its India technology hub to about 800 by early next

American Airlines plans to double India tech hub staff, sources say
Business|Economy|Environment|Finance

Chevron shareholders reject proposal for independent board chair

Chevron shareholders rejected a proposal that would have required an independent board chair separate from the CEO role, according to preliminary voting

Chevron shareholders reject proposal for independent board chair
Business|Economy|Election|Finance|Political|US

Billionaire Tom Steyer's ad spending breaks records in California governor's race

Win or lose, billionaire Democrat Tom Steyer will leave a mark in the history books in his bid to become California’s next governor

Billionaire Tom Steyer's ad spending breaks records in California governor's race
Business|Economy|Education|Environment|Science|Technology

AI is replacing humans in responding to some surveys – but simulated opinions are not the same as public opinion

AI models can simulate the answers thousands of people would provide to a survey, but the results aren’t a reliable measure of what real people would actually say.

AI is replacing humans in responding to some surveys – but simulated opinions are not the same as public opinion
Business|Economy|Environment|Science|Technology

Blackout risks are rising – why neighboring power grids can’t just send extra electricity where it’s needed

Western states are figuring out how to make electricity-sharing work, but it isn’t easy. Texas learned that the hard way.

Blackout risks are rising – why  neighboring power grids can’t just send extra electricity where it’s needed
Arts|Economy|Education|Health|Opinion

Older Americans are often compelled to keep working – and then criticized for not stepping aside

Sometimes they hear they’re supposed to stay active and engaged. Other times they’re vilified for holding on to power too long. It’s all made ‘knowing when it’s time’ a whole lot harder.

Older Americans are often compelled to keep working – and then criticized for not stepping aside
Business|Crime|Economy|Lifestyle|Technology

Amazon customer out $2,000 after two Garmin watch boxes delivered empty twice: "I don't have the watch, or my money"

Amazon customer out $2,000 after two Garmin watch boxes delivered empty twice: "I don't have the watch, or my money"

Amazon customer out $2,000 after two Garmin watch boxes delivered empty twice: "I don't have the watch, or my money"
Business|Economy|Fashion and Beauty|Finance|Lifestyle|Stock Markets

Bath & Body Works beats quarterly estimates on strong demand for 'affordable luxury'

Bath & Body Works beat Wall Street estimates for first-quarter sales and profit on Wednesday, helped by strong demand for its scented candles and personal care products, sending its

Bath & Body Works beats quarterly estimates on strong demand for 'affordable luxury'
Economy|Political|World

Peronist leaders in Argentina seek broad alliance as Milei loses support

Leaders within Peronism, Argentina's main opposition movement, are looking to capitalize on President Javier Milei's declining popularity and push to form a

Peronist leaders in Argentina seek broad alliance as Milei loses support
Business|Economy|Finance|Stock Markets|Technology|World

Out of the blue chips

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The chips are indeed blue.

Out of the blue chips
Business|Economy|Europe|Technology|World

Airbus Defence chief rules out total failure of FCAS fighter jet project

The head of Airbus Defence ruled out the complete failure of the crisis-hit Franco-German FCAS fighter jet project, saying at least a networking system for weapons and drone

Airbus Defence chief rules out total failure of FCAS fighter jet project
Business|Economy|Finance|Stock Markets

US funds set aside cash as SpaceX and OpenAI prepare to go public, analysts say

Large mutual funds and passive index funds are starting to set aside more cash and preparing to offload some of their existing holdings in large-cap stocks,

US funds set aside cash as SpaceX and OpenAI prepare to go public, analysts say
Arts|Business|Economy|Entertainment

Bollore urges UMG to reject Ackman's $64 billion bid

Bollore CEO Cyrille Bollore on Wednesday urged Universal Music Group to reject Bill Ackman's takeover proposal, saying the offer

Bollore urges UMG to reject Ackman's $64 billion bid
Business|Economy|Finance|Technology|World

Tencent links PayPal to WeChat Pay network, enabling US users to spend across China

U.S.

Tencent links PayPal to WeChat Pay network, enabling US users to spend across China
Business|Economy|Europe|Technology|World

Schaeffler, Spire Global team up for space hardware, satellite platforms in Europe

Schaeffler and U.S.-based satellite operator Spire Global have signed a memorandum of understanding to jointly develop space hardware and satellite platforms for European defence,

Schaeffler, Spire Global team up for space hardware, satellite platforms in Europe
Business|Economy|Finance|Sports

Lululemon ends proxy battle with founder Chip Wilson

Lululemon Athletica has ended its boardroom battle with founder Chip Wilson, agreeing to give him two board picks in exchange for his pledge to stay

Lululemon ends proxy battle with founder Chip Wilson
Business|Economy|Environment|Technology

Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal

Taiwanese battery maker ProLogium Technology will go public in New York through a merger with blank-check vehicle Translational Development Acquisition Corp in a $3.8 billion deal,

Battery maker ProLogium to list on Nasdaq in $3.8 billion SPAC deal
Business|Economy|Sports

Dick's Sporting Goods trims profit outlook as Foot Locker overhaul pressures margins

Dick's Sporting Goods lowered its full-year profit forecast on Wednesday as margin pressure tied to its Foot Locker acquisition weighed on earnings, even as strong demand for

Dick's Sporting Goods trims profit outlook as Foot Locker overhaul pressures margins
Africa|Economy|World

A bitter Eid al-Adha in Mali's capital as al-Qaida-linked blockade sends sheep prices soaring

Muslims in Mali's capital, Bamako, face challenges celebrating Eid al-Adha due to a blockade by armed groups linked to al-Qaida

A bitter Eid al-Adha in Mali's capital as al-Qaida-linked blockade sends sheep prices soaring
Business|Economy|Political|World

Trump’s latest immigration move clouds the path to green cards

President Donald Trump's administration has announced a new policy requiring green card seekers to apply from their home countries instead of in the U.S. This change has left many immigrants and attorneys confused and concerned

Trump’s latest immigration move clouds the path to green cards
Business|Economy|Entertainment|Lifestyle|Technology

These are the five least expensive new cars you can buy in 2026, according to Edmunds

Buying a car is a major investment, especially as everyday costs continue to rise

These are the five least expensive new cars you can buy in 2026, according to Edmunds
Business|Economy|Finance|Stock Markets|World

Iran war splits global markets into clear winners and losers

Three months since the Iran war began, persistently high oil prices have policymakers grappling with renewed inflation fears, while sliding currencies are a headache for

Iran war splits global markets into clear winners and losers
Business|Economy|Finance|Stock Markets|Technology

Wall Street awaits GameStop CEO Cohen's next move after eBay rejected takeover bid

GameStop CEO Ryan Cohen shared few details when he said he would do "whatever we need to do" to buy eBay after the e-

Wall Street awaits GameStop CEO Cohen's next move after eBay rejected takeover bid
Business|Economy|Europe|World

German economic council cuts growth forecast as energy prices bite

The German Council of Economic Experts cut its growth forecast for Europe's largest economy on Wednesday, citing the impact of the Middle East conflict,

German economic council cuts growth forecast as energy prices bite
Australia|Business|Economy|Finance|Stock Markets

Once investor darlings, Australian banks get reality check on mortgage change

A looming slowdown in mortgage lending, higher provisions for souring loans and rising interest rates are darkening the outlook for

Once investor darlings, Australian banks get reality check on mortgage change
Business|Economy|Finance|World

Investors expect US dollar to break higher as Fed battles inflation

The U.S. dollar, long stuck in a tight trading range, could be in for a break higher as the Federal Reserve shifts its focus to fighting worrisome signs that inflation is

Investors expect US dollar to break higher as Fed battles inflation
Business|Economy|Europe|Finance|Stock Markets|World

European stocks end steady as gains in autos, chemicals offset Iran war uncertainty

European shares ended little changed on Wednesday, holding near record levels reached before the Iran war began, as gains in automobile and

European stocks end steady as gains in autos, chemicals offset Iran war uncertainty
Business|Economy|Finance|Technology

Prediction markets look to institutional investors for next phase of growth

Prediction market platforms including Kalshi are making a big push to attract top institutional

Prediction markets look to institutional investors for next phase of growth
Business|Economy|Science|Technology

Nvidia to spend $150 billion a year in Taiwan, 'epicentre' of AI revolution, says CEO

Nvidia's chief executive said on Wednesday the chip company plans to invest around $150 billion a year in Taiwan, terming it the "epicentre" of the AI

Nvidia to spend $150 billion a year in Taiwan, 'epicentre' of AI revolution, says CEO
Business|Economy|Finance|Stock Markets|Technology

Investors hunt for AI winners in small-cap US tech stocks

U.S. small-cap technology stocks are surging after years of underperformance, a sign of how the AI frenzy is pushing technology investors to look beyond the

Investors hunt for AI winners in small-cap US tech stocks
Business|Economy|Finance|Political|US|World

Iran war spending drains US military budgets, triggering cancelled trainings, delayed maintenance

Iran war spending drains US military budgets, triggering cancelled trainings, delayed maintenance

Iran war spending drains US military budgets, triggering cancelled trainings, delayed maintenance
Business|Economy|Environment|Political|World

‘Exploding oil.’ What the heck is Trump talking about?

‘Exploding oil.’ What the heck is Trump talking about?

‘Exploding oil.’ What the heck is Trump talking about?
Business|Economy|Europe|Finance|Stock Markets|World

Iran war fallout amplifying Europe's financial vulnerabilities, ECB warns

The Iran war and lingering trade tensions could dent euro zone economic growth, push up borrowing costs and challenge some member states' ability to sustain public

Iran war fallout amplifying Europe's financial vulnerabilities, ECB warns
Business|Economy|Europe|Political|World

EU governments clear US trade deal legislation

European Union governments cleared legislation on Wednesday to remove import duties on many U.S. goods, an EU source with knowledge of their meeting

EU governments clear US trade deal legislation
Business|Economy|Finance|World

BOJ's net income falls due to higher interest payments on reserves

The Bank of Japan saw net income fall in fiscal 2025 as rising interest rates boosted payments made on excess reserves parked with the central bank, its

BOJ's net income falls due to higher interest payments on reserves
Economy|Europe|Political|World

Greece's leftist firebrand Tsipras makes comeback with new political party

Former prime minister Alexis Tsipras, the leftist firebrand who ran Greece at the height of its debt crisis in 2015, has launched a new political party, promising to fight

Greece's leftist firebrand Tsipras makes comeback with new political party
Business|Economy|Environment|Finance|World

Fed's Logan: world may need to cut use of oil and natural gas 

The world may need to find a way to get by on less oil and gas if the Strait of Hormuz remains closed much longer due to the U.S.-Israeli war on Iran, Dallas Federal Reserve

Fed's Logan: world may need to cut use of oil and natural gas 
Asia|Economy|Europe|Political|World

China willing to work with Czech government to improve ties

China is willing to work with the Czech Republic to improve ties and revive a traditional friendship, Foreign Minister Wang Yi told Czech counterpart Petr Macinka, state

China willing to work with Czech government to improve ties
Business|Economy|Technology|World

Amazon invests $20 billion in UK in 2025

Amazon invested over £15 billion ($20 billion) in Britain in 2025, keeping the e-commerce giant on track to deliver its planned £40 billion investment in the three years to

Amazon invests $20 billion in UK in 2025
Business|Economy|Finance|Stock Markets|World

European stocks set for modest gains as Iran war dampens outlook, poll shows

European shares will struggle to post further gains for the rest of this year, a Reuters poll found, weighed down by the economic hit from the Iran war

European stocks set for modest gains as Iran war dampens outlook, poll shows
Business|Economy|Environment|World

China allows fresh urea exports amid Iran war-fuelled fertiliser crisis, sources say

China has issued export quotas for urea fertiliser, sources with direct knowledge of the matter said, a move that could help ease soaring global prices for one of the world's most

China allows fresh urea exports amid Iran war-fuelled fertiliser crisis, sources say
Business|Economy|Finance|Food|Lifestyle|Political

UK grocery inflation eases with Iran conflict yet to fully hit prices

British grocery inflation eased to 3.1% in the four weeks to May 17, its slowest rate of increase since December 2024, researcher Worldpanel by Numerator said

UK grocery inflation eases with Iran conflict yet to fully hit prices
Africa|Economy|Education|Environment|Health|Science|World

In Congo displacement camp, fighting Ebola with sand, oatmeal and one thermometer but no water

There is one handwashing station and one infrared thermometer to fight the Ebola epidemic in this camp for 10,000 displaced people in Bunia, a city at the heart of the outbreak in eastern Congo

In Congo displacement camp, fighting Ebola with sand, oatmeal and one thermometer but no water
Australia|Business|Economy|Finance|Stock Markets

AustralianSuper says possible Glencore listing on ASX would be positive

Pension fund AustralianSuper on Wednesday said if Glencore decides to list shares on the Australian Securities Exchange, it would be "

AustralianSuper says possible Glencore listing on ASX would be positive
Business|Economy|Environment|Science|Technology

SpaceX's Starship test strengthens IPO case, though hurdles remain

SpaceX's upgraded Starship launch on Friday delivered enough progress to keep the momentum intact behind Elon Musk's $1.75 trillion IPO, while

SpaceX's Starship test strengthens IPO case, though hurdles remain
Business|Economy|Finance|World

Fed's Kashkari calls for focus on inflation risk, mum on timing of next rate move

The Federal Reserve must focus on containing inflationary risks that appear to be building, though it was "far too soon" to predict when it could next change

Fed's Kashkari calls for focus on inflation risk, mum on timing of next rate move
Asia|Business|Economy|World

Job ad for shepherds goes viral in China exposing labour market strains

Chinese farm owner Zuo Xiaoyong was stunned to see his job ad for shepherds to work in the remote and rugged grasslands south of Mongolia

Job ad for shepherds goes viral in China exposing labour market strains
Asia|Business|Economy|World

China says Panama ties should not be subject to third-party interference, Xinhua reports

China's Foreign Minister Wang Yi said Beijing was ready to deepen practical cooperation with Panama and urged the Central American country to safeguard Chinese firms'

China says Panama ties should not be subject to third-party interference, Xinhua reports
Asia|Business|Crime|Economy|World

'Business as usual': Fakes, piracy thrive in Vietnam as US tariff deadline nears

At a sprawling bazaar on the outskirts of Vietnam's capital, the trade in counterfeit goods is bustling despite government crackdowns and

'Business as usual': Fakes, piracy thrive in Vietnam as US tariff deadline nears
Economy|World

Supply shock, debt may hurt central bank independence, ex-Fed executive says

Pressures on central bank independence are likely to grow as public dissatisfaction over supply-shock-driven inflation may tempt politicians to assign blame

Supply shock, debt may hurt central bank independence, ex-Fed executive says
Business|Economy|Technology|World

Japan's Nikkei retreats from record high as AI rally sparks caution

Japan's Nikkei share average retreated from a record peak to end nearly flat on Wednesday, as investor caution grew about the fast-paced rally in AI-related

Japan's Nikkei retreats from record high as AI rally sparks caution
Business|Economy|Technology|World

Samsung workers approve pay deal but management still has trying times ahead

Unionised workers at Samsung Electronics have approved a highly contentious deal on bonus pay - one that averts a massive strike but also exacerbates deep

Samsung workers approve pay deal but management still has trying times ahead
Business|Economy|Science|Technology|World

SK Hynix joins $1 trillion club after Samsung, Micron on AI chip boom

SK Hynix topped $1 trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and

SK Hynix joins $1 trillion club after Samsung, Micron on AI chip boom
Business|Economy|Political|Travel|World

US draws up plans to halt immigration, customs processing at 'sanctuary city' airports

U.S.

US draws up plans to halt immigration, customs processing at 'sanctuary city' airports
Asia|Business|Economy|Technology|World

Samsung pay deal marks seismic change for South Korea, emboldening unions

The deal Samsung Electronics struck with its union averts a massive strike and gives its memory chip workers eye-popping bonuses.

Samsung pay deal marks seismic change for South Korea, emboldening unions
Business|Economy|Science|Technology|World

Samsung plans $1.5 billion chip testing plant in Vietnam, document shows

Samsung Electronics plans to invest 39 trillion dong ($1.5 billion) in Vietnam to build a semiconductor testing plant, its proposal

Samsung plans $1.5 billion chip testing plant in Vietnam, document shows
Business|Economy|World

Thai housing demand recovering but outlook clouded by energy shock risks

(Fixes typo in lead paragraph to 'lender,' not 'leader.')

Thai housing demand recovering but outlook clouded by energy shock risks
Asia|Business|Economy|Political|Travel|World

Vietnam leader to visit Philippines next week for trade, security talks

Vietnam’s top leader To Lam will visit the Philippines next week, Manila said on Wednesday, as President Ferdinand Marcos Jr seeks to further strengthen his country's

Vietnam leader to visit Philippines next week for trade, security talks
Asia|Business|Economy|Europe|Finance|Stock Markets|World

Markets cheer, central banks warn

A look at the day ahead in European and global markets from Rocky Swift While markets appear to be looking past the Middle East crisis and the havoc it has wreaked on energy supplies, central bankers

Markets cheer, central banks warn
Business|Crime|Economy|Environment|Health|World

Chemical tank rupture in Washington state causes one death, multiple injuries

A chemical tank imploded and ruptured at a Nippon Dynawave Packaging facility in the U.S. state of Washington on Tuesday, resulting in one death and nine injuries, while nine others

Chemical tank rupture in Washington state causes one death, multiple injuries
Business|Economy|Finance|Stock Markets|World

Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report shows

Hong Kong has overtaken Switzerland as the top global booking centre for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the

Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report shows
Business|Economy|Finance|Stock Markets|World

Hong Kong watchdog raids local units of two Chinese brokerages, sources say

Hong Kong securities regulator has raided the local arms of two major Chinese brokerages as it investigates suspected misconduct tied to share offerings, sources said, the latest

Hong Kong watchdog raids local units of two Chinese brokerages, sources say
Business|Economy|Environment|Health|Science|Technology

Southern California officials lift all evacuation orders for residents near damaged chemical tank

Officials have lifted evacuation orders for final 16,000 residents near a damaged chemical tank in California

Southern California officials lift all evacuation orders for residents near damaged chemical tank
Business|Economy|Finance|Stock Markets|World

Goldman Sachs lifts S&P 500 year-end target to 8,000 on strong earnings outlook

Goldman Sachs has raised its 2026 year-end forecast for the S&P 500 index to 8,000 from 7,600, citing continued strength in corporate earnings.

Goldman Sachs lifts S&P 500 year-end target to 8,000 on strong earnings outlook
Business|Economy|World

NZ central bank flags imminent hikes to counter energy shock after narrow hold

New Zealand's central bank held rates steady on Wednesday, but a split vote underscored a knife-edge decision, as policymakers warned

NZ central bank flags imminent hikes to counter energy shock after narrow hold
Business|Economy|Environment|Finance|Stock Markets

BlackRock sees merit in large scale mining M&A

BlackRock would back consolidation among large miners because it would open the sector to generalist investors at a scale that would make it

BlackRock sees merit in large scale mining M&A
Business|Economy|Technology|World

Samsung's unionised workers in South Korea approve pay deal

Samsung Electronics' unionised workers in South Korea voted to approve a tentative wage deal, the union said on Wednesday, averting a strike that threatened to rattle global

Samsung's unionised workers in South Korea approve pay deal
Business|Economy|Political|World

Russia allows central bank, top lender Sberbank to down drones

Russia has passed a law allowing its central bank and other financial institutions to operate their own defence systems and arm staff to repel drone attacks, a document published by

Russia allows central bank, top lender Sberbank to down drones
Business|Economy|Finance|World

BOJ's Ueda warns temporary energy shock could become persistent

Bank of Japan Governor Kazuo Ueda said on Wednesday central banks should not look at oil prices in isolation because a temporary energy shock can become

BOJ's Ueda warns temporary energy shock could become persistent
Business|Economy|Finance|Stock Markets|World

China's April industrial profits grow at fastest in more than two years

China's industrial profits in April grew at the fastest pace since November 2023, despite financial pressures stemming from softening domestic demand and rising component

China's April industrial profits grow at fastest in more than two years
Australia|Business|Economy|Finance|World

Australia consumer inflation slows in April, core creeps higher

Australian consumer prices increased by less than expected in April thanks to a government tax cut on fuel, data showed on Wednesday, while core inflation ticked up as

Australia consumer inflation slows in April, core creeps higher
Business|Economy|Technology|World

Japan's Nikkei to set record 69,000 in 2027 as blistering rally outpaces peers: Reuters poll

AI exuberance and robust earnings will continue to power Japan's Nikkei to record highs, even as its blistering rally makes it hard for forecasters to keep

Japan's Nikkei to set record 69,000 in 2027 as blistering rally outpaces peers: Reuters poll
Business|Economy|Finance|Stock Markets|World

Japan's corporate service prices rise 3% in April

A key gauge of Japan's service-sector inflation rose 3.0% in April from a year earlier, data showed on Wednesday, reinforcing the central bank's view that a tight labour

Japan's corporate service prices rise 3% in April
Business|Economy|Environment|Europe|World

Canada and Germany make liquefied natural gas deal as Carney looks to diversify from US

A person familiar with the matter says Canada has reached a deal to export liquefied natural gas to Germany from a planned Pacific Coast terminal

Canada and Germany make liquefied natural gas deal as Carney looks to diversify from US
Business|Economy|Environment|Health

Correction: Southern California-Chemical Tan story

In a story published May

Correction: Southern California-Chemical Tan story
Business|Economy|Finance|Stock Markets

SpaceX set for fast entry into US, global indexes under new FTSE rules

Elon Musk's SpaceX is eligible for inclusion in both the Russell U.S.

SpaceX set for fast entry into US, global indexes under new FTSE rules
Business|Economy|Finance|Technology

IREN to buy Blackwell systems from Dell for about $1.6 billion

Data center operator IREN said on Tuesday it has agreed to buy Nvidia's air-cooled Blackwell systems from Dell for about $1.6 billion, as it aims to bring more capacity online to

IREN to buy Blackwell systems from Dell for about $1.6 billion
Business|Economy|Finance|Political|World

Trump administration proposes having all federal workers sign NDAs

Trump administration proposes having all federal workers sign NDAs

Trump administration proposes having all federal workers sign NDAs
Economy|Health|Political|World

The Latest: Iran deal progress is murky after US military says it carried out ‘self-defense’ strikes

President Donald Trump insists a peace deal is close on the 88th day of the Iran war

The Latest: Iran deal progress is murky after US military says it carried out ‘self-defense’ strikes
Business|Economy|Finance|Stock Markets|Technology

Trading Day: The AI train rolls on

World stocks, the S&P 500 and Nasdaq rose to new highs on Tuesday, driven again by an unyielding optimism around artificial intelligence that

Trading Day: The AI train rolls on
Business|Economy|Environment|World

US and Thailand speed LNG talks as war hits Qatar exports, sources say

The U.S. and Thailand are in talks on new long-term supply of U.S.-produced liquefied natural gas, two sources said on Tuesday, negotiations that have

US and Thailand speed LNG talks as war hits Qatar exports, sources say
Business|Economy|Political|World

US to keep tariffs on USMCA countries, issues with Canada 'significant', Greer says

The Trump administration intends to maintain tariffs on imports from Mexico and Canada, U.S.

US to keep tariffs on USMCA countries, issues with Canada 'significant', Greer says
Business|Economy|Finance|Science|Stock Markets|Technology

S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins $1 trillion club

The S&P 500 and Nasdaq hit record closing highs on Tuesday, as AI-fueled optimism offset anxiety over Middle East peace

S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins $1 trillion club
Business|Economy|Finance|Sports

Lululemon nears deal to settle proxy war with founder Chip Wilson

Lululemon Athletica is nearing a settlement with Chip Wilson that would give the athletic apparel maker's founder board seats in exchange for a

Lululemon nears deal to settle proxy war with founder Chip Wilson
Business|Economy|Environment|Technology|World

NTSB wants FAA to revise runway safety assessments during heavy rainfall

The U.S.

NTSB wants FAA to revise runway safety assessments during heavy rainfall
Business|Economy|Finance|Stock Markets|Technology

S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion club

The S&P 500 hit a record closing high on Tuesday, while the tech-heavy Nasdaq notched further gains, as AI-fueled optimism

S&P 500 hits record closing high on AI optimism, Micron joins $1 trillion club