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Today: June 21, 2026
Today: June 21, 2026

Economy

Economy|Europe|Political|World

Ukraine working on additional $20 billion military aid from allies, defence minister says

Ukraine is seeking an additional $20 billion in military funding from its allies, Defence Minister Mykhailo Fedorov said on Wednesday at a joint press conference with his Dutch

Ukraine working on additional $20 billion military aid from allies, defence minister says
Economy|Finance|Political|World

US quietly allows waiver on Russian oil to expire

The U.S.

US quietly allows waiver on Russian oil to expire
Business|Economy|Science|Technology

AI lab Odyssey valued at $1.45 billion in latest funding round

 AI lab Odyssey said on Wednesday it has raised $310 million in a funding round that valued it at $1.45 billion.

AI lab Odyssey valued at $1.45 billion in latest funding round
Economy|Europe|Political|Science|Technology|World

'I'm the boss', Trump says at G7, as he warms to Ukraine's war aims

U.S.

'I'm the boss', Trump says at G7, as he warms to Ukraine's war aims
Business|Economy|Finance|Stock Markets|US|World

Treasury yields rise after Warsh's debut meeting brings hawkish shift

Short-term Treasury yields rose to the highest in 16 months on Wednesday after investors took a string of strong economic data, a U.S.

Treasury yields rise after Warsh's debut meeting brings hawkish shift
Business|Economy|Finance|Stock Markets|US|World

Strong US retail sales showcase economy's resilience despite Iran war

U.S. retail sales increased more than expected in May, with households boosting purchases of motor vehicles even as they paid more for gasoline, but a

Strong US retail sales showcase economy's resilience despite Iran war
Business|Crime|Economy|Health|US|World

Luigi Mangione plans ‘extreme emotional disturbance’ defense at CEO killing trial 

Luigi Mangione, the man accused of gunning down a health insurance executive in Manhattan, plans to argue at his murder trial that he was undergoing an

Luigi Mangione plans ‘extreme emotional disturbance’ defense at CEO killing trial 
Economy|Political|World

Brazil pushes for focused rural debt relief as Senate passes broad bill

Brazil's government backs a rural debt renegotiation program but wants it more targeted, the Finance Ministry said on Wednesday.

Brazil pushes for focused rural debt relief as Senate passes broad bill
Business|Economy|Environment|Europe|Finance|Political|World

VW investor Qatar complicates plant deal talks with Israeli arms maker, sources say

Volkswagen's plans for a deal with Israeli arms maker Rafael to use its struggling Osnabrueck plant are being complicated by Qatar's

VW investor Qatar complicates plant deal talks with Israeli arms maker, sources say
Business|Economy|Finance|Stock Markets|US|World

Nippon Steel sees strong American market lifting US Steel earnings

Nippon Steel, the world's No. 3 steelmaker, expects the American market to remain buoyant, supported by import tariffs and resilient

Nippon Steel sees strong American market lifting US Steel earnings
Business|Economy|Political|World

Trump invokes law to increase weapons production after Iran war depleted US stocks

Trump invokes law to increase weapons production after Iran war depleted US stocks

Trump invokes law to increase weapons production after Iran war depleted US stocks
Arts|Business|Crime|Economy|Lifestyle

Jeweler prevents $47,000 scam targeting elderly woman

Jeweler prevents $47,000 scam targeting elderly woman

Jeweler prevents $47,000 scam targeting elderly woman
Asia|Business|Economy|World

China, Myanmar pledge mutual support in joint statement

China on Wednesday issued a joint statement with Myanmar following meetings between their leaders earlier this week in Beijing, saying the two nations will continue to

China, Myanmar pledge mutual support in joint statement
Economy|Europe|Science|Technology|World

At G7, Macron says he expects progress on broadening access to Anthropic's Mythos

French President Emmanuel Macron said on Wednesday he believed progress would be made in coming weeks on broadening access to

At G7, Macron says he expects progress on broadening access to Anthropic's Mythos
Business|Economy|Europe|World

French economic growth seen at 0.7% in 2026 as oil shock hits consumers, says INSEE

France's economy is set for modest growth in 2026 as an oil price spike squeezes consumers, only partially offset by a rebound in industrial output, the national statistics

French economic growth seen at 0.7% in 2026 as oil shock hits consumers, says INSEE
Business|Economy|Finance|Stock Markets|World

Brazil to scrap fuel subsidies if oil stabilizes near $80, official says

Brazil will end subsidies for diesel and gasoline if the price of crude oil stabilizes around $80 per barrel due to progress toward a

Brazil to scrap fuel subsidies if oil stabilizes near $80, official says
Business|Economy|Finance|Stock Markets|World

Dollar jumps as Fed holds rates but projects one hike later this year

The dollar strengthened across the board on Wednesday after the Federal Reserve held the benchmark interest rate steady and the Fed's statement

Dollar jumps as Fed holds rates but projects one hike later this year
Business|Economy|Finance|Technology|World

China's industry ministry urges officials to look beyond numbers in economic assessment

China's industry ministry called for "looking beyond the surface of data" in analysing economic operations in a meeting with local industry officials on Wednesday, an

China's industry ministry urges officials to look beyond numbers in economic assessment
Business|Economy|Environment|Science|Technology|World

G7 sets up critical minerals alliance, platform to cut reliance on China

Group of Seven leaders agreed on Wednesday to step up coordination to cut their countries' reliance on China for critical minerals,

G7 sets up critical minerals alliance, platform to cut reliance on China
Business|Economy|Science|Technology

Quantum tech firm EigenQ to go public in $3 billion SPAC deal

EigenQ will go public through a merger with blank-check company Silicon Valley Acquisition in a deal valuing the quantum tech firm at about $3 billion, they said on Wednesday.

Quantum tech firm EigenQ to go public in $3 billion SPAC deal
Business|Economy|Environment|Finance|Health|World

Federal judge sends Bayer's $7.25 billion Roundup settlement back to Missouri state court

A federal judge sent Bayer's proposed $7.25 billion Roundup settlement back to state court on Wednesday, overruling objections from plaintiffs who had

Federal judge sends Bayer's $7.25 billion Roundup settlement back to Missouri state court
Business|Economy|Finance|Technology

Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEO; shares soar

Allbirds changed its name to Smartbird on Wednesday and appointed former Amazon executive Nadia Carlsten as CEO, cementing the former footwear maker's pivot to an AI infrastructure

Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEO; shares soar
Economy|Political|World

Iranians see little chance of life improving as interim deal halts war with US

When Iranian Foreign Minister Abbas Araqchi announced the interim deal this week to end the war with the United States, he declared his country the victor.

Iranians see little chance of life improving as interim deal halts war with US
Business|Economy|Finance|Stock Markets|World

Morningstar teams up with Wall Street firms to open private markets to retail investors

The wealth division of Morningstar has teamed up with Apollo Global Management, Franklin Templeton and J.P.

Morningstar teams up with Wall Street firms to open private markets to retail investors
Business|Economy|Europe|Fashion and Beauty|Finance|Lifestyle

Ray-Ban heir Leonardo Maria Del Vecchio steps into the spotlight

Leonardo Maria Del Vecchio, a son of the late founder of EssilorLuxottica, is seeking the financing for a deal to make him the largest shareholder in family

Ray-Ban heir Leonardo Maria Del Vecchio steps into the spotlight
Economy|Europe|Political|World

Trump says he had good talks with Putin and Zelenskiy

President Donald Trump on Wednesday said he has had good talks with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy on the sidelines of

Trump says he had good talks with Putin and Zelenskiy
Asia|Business|Economy|World

EU and India will formally sign free trade deal by end-2026, says EU chief

The European Union will formally sign its a landmark trade deal with India by the end of this year, European Commission President Ursula von der Leyen said on Wednesday.

EU and India will formally sign free trade deal by end-2026, says EU chief
Business|Economy|Europe|Finance|Stock Markets|World

Repeat of 2022 inflation woes less likely but not excluded, ECB's Sleijpen says

A repeat of the 2022 inflation shock that sent interest rates to their highest level in decades looks less likely at the current juncture but can't be

Repeat of 2022 inflation woes less likely but not excluded, ECB's Sleijpen says
Business|Economy|Finance|Stock Markets|US

Retail sales up a strong 0.9% in May, underscoring the resilience of the US consumer

Shoppers stepped up their spending in May, surpassing economists’ expectations, as temperatures warmed and gasoline prices leveled off

Retail sales up a strong 0.9% in May, underscoring the resilience of the US consumer
Economy|Environment|Health|World

Famine risk rises in 'hunger hotspots', UN warns

Extreme hunger has intensified in 13 "hunger hotspots," and of these Sudan, South Sudan, Yemen, Somalia, Northeast Nigeria and Gaza are at immediate risk of famine without

Famine risk rises in 'hunger hotspots', UN warns
Business|Economy|Finance|Stock Markets|World

Australian regulator tells private credit sector it must refresh asset valuations

Australia's corporate regulator said the country's A$200 billion ($141.14 billion) private credit market must ensure asset valuations accurately reflect

Australian regulator tells private credit sector it must refresh asset valuations
Business|Economy|World

US pending home sales increase to a six-month high in May

Contracts to purchase previously owned U.S. homes increased more than expected in May, though higher mortgage rates and tight supply remained constraints for the

US pending home sales increase to a six-month high in May
Business|Economy|Entertainment|Europe|World

BBC to cut 550 jobs in cost-saving drive, including news division layoffs

Britain's BBC public service broadcaster will cut 550 jobs, including in its news and content divisions, it said on Wednesday, as part of plans under new director-general

BBC to cut 550 jobs in cost-saving drive, including news division layoffs
Economy|Europe|Political|World

Zelenskyy says G7 leaders pledge more vital help for Ukraine against Russia

Ukrainian President Volodymyr Zelenskyy says Ukraine has secured key support from world leaders at the Group of Seven summit in France

Zelenskyy says G7 leaders pledge more vital help for Ukraine against Russia
Business|Economy|World

Chile central bank cuts 2026 GDP forecast, slightly raises inflation view

Chile's central bank on Wednesday lowered its 2026 economic growth forecast to between 1.0% and 1.75%, from the 1.5%-2.5% range projected in March, citing weaker-than-

Chile central bank cuts 2026 GDP forecast, slightly raises inflation view
Business|Economy|Finance|Stock Markets|US

US stocks open higher, spotlight on Fed

The main U.S. stock indexes opened higher on Wednesday, as chip stocks rebounded ahead of the first interest rate decision under new Federal Reserve Chair Kevin Warsh.

US stocks open higher, spotlight on Fed
Business|Economy|Finance|Stock Markets|World

UK-India trade deal worth over $6 billion to start July 15

Britain's free trade agreement with India will come into force on July 15, the British government said on Wednesday, reaching agreement to implement the deal despite a

UK-India trade deal worth over $6 billion to start July 15
Business|Economy|Finance|Stock Markets|US

US business inventories increase as expected in April

U.S. business inventories increased strongly in April, suggesting that inventory investment could contribute to economic growth in the second quarter.

US business inventories increase as expected in April
Business|Crime|Economy|Election|Finance|Political|Stock Markets|US

FACT FOCUS: Trump says illegal immigration increased car insurance premiums. Experts say otherwise

President Donald Trump is crediting his tough immigration policies for a drop in car insurance premiums

FACT FOCUS: Trump says illegal immigration increased car insurance premiums. Experts say otherwise
Economy|Education|Environment|Science

Why states are walking back their own climate and energy laws, and what they could do instead

Many steps that are good for clean energy also dovetail with federal priorities, from affordable housing to data centers and rural development.

Why states are walking back their own climate and energy laws, and what they could do instead
Business|Crime|Economy|Environment|Europe|World

Russian businessman Ilya Traber detained in contract killing probe, media report

Prominent Russian businessman Ilya Traber has been detained in connection with an investigation into a suspected contract killing, Russian media reported on Wednesday.

Russian businessman Ilya Traber detained in contract killing probe, media report
Business|Economy|Environment|Science|Technology

Big Tech-backed coalition for carbon removal increases funding by $915 million, adds Anthropic

A coalition backed by Big Tech companies

Big Tech-backed coalition for carbon removal increases funding by $915 million, adds Anthropic
Business|Economy|Sports|Travel|World

The World Cup returned to Mexico after 40 years. Many locals feel left out

Born in 1986, the last time Mexico hosted a World Cup, Eduardo Marin likes to joke that he’s measured his life not in years,

The World Cup returned to Mexico after 40 years. Many locals feel left out
Economy|Political|World

After war losses, Hezbollah seen gaining from Iran-US deal

Iran's interim deal with the U.S. looks set to bolster Hezbollah's political and financial hand in Lebanon,

After war losses, Hezbollah seen gaining from Iran-US deal
Africa|Crime|Economy|Political|World

South African labour unions urge workers to shun anti-migrant protests

South Africa's biggest labour unions on Wednesday urged workers not to participate in anti-immigrant protests that have seized the country, and said they could face

South African labour unions urge workers to shun anti-migrant protests
Business|Economy|Finance|World

Warsh-led Fed expected to leave interest rates unchanged

The Federal Reserve is expected to hold interest rates steady on Wednesday at the end of the first meeting chaired by Kevin Warsh, with a new policy

Warsh-led Fed expected to leave interest rates unchanged
Business|Economy|Education|Environment|Opinion|Science|Technology

Energy costs are high and unaffordable – what utilities, governments, communities and you can do to help save consumers money

There are opportunities at every level of the US energy market to save consumers money – if governments, companies, communities and individuals choose to act.

Energy costs are high and unaffordable – what utilities, governments, communities and you can do to help save consumers money
Business|Economy|Education|Health|Lifestyle|Opinion|Science|Technology|World

Most American workers are checked out, and like ‘The Office,’ their bosses are the last to know

Less than half of American workers feel that they clearly know what their employers expect from them. And many employees are too discouraged to do their best.

Most American workers are checked out, and like ‘The Office,’ their bosses are the last to know
Crime|Economy|Education|Environment|Health|Political

Buncombe County rises to 5th in NC for fentanyl death rate, data shows

Buncombe County rises to 5th in NC for fentanyl death rate, data shows

Buncombe County rises to 5th in NC for fentanyl death rate, data shows
Arts|Business|Economy|Education|Entertainment|Environment|Science|Travel

South Florida shark diving operators push back against Florida Safe Seas Act: "There's a huge double standard here"

South Florida shark diving operators push back against Florida Safe Seas Act: "There's a huge double standard here"

South Florida shark diving operators push back against Florida Safe Seas Act: "There's a huge double standard here"
Economy|Health|Science

Rural areas lag behind in cancer treatment and prevention – even as rich, urban areas increasingly leave dying from cancer in the rearview

Cancer deaths in the US have dropped steeply since 1991. But the medical and public health advances leading to these declines have been concentrated among high-income areas.

Rural areas lag behind in cancer treatment and prevention – even as rich, urban areas increasingly leave dying from cancer in the rearview
Business|Economy|Finance|Stock Markets

CarMax shares fall after CEO flags high costs, operational shortcomings

CarMax shares fell more than 7.5% on Wednesday as CEO Keith Barr flagged elevated costs and operational shortcomings, after the used-car retailer posted a dip in

CarMax shares fall after CEO flags high costs, operational shortcomings
Business|Economy|MidEast|Political|US|World

Trump threatens to resume bombing campaign if Iran does not "behave"

U.S President Donald Trump said on Wednesday that an interim accord with Iran was not final, and that he could resume a bombing campaign if he did not like

Trump threatens to resume bombing campaign if Iran does not "behave"
Business|Economy|Europe|Food

Brexit 10 years on: UK exporters still adjusting to life outside the EU

When Brexit abruptly ended British cheesemaker Michael Harte’s ambitious European export plans, four years passed

Brexit 10 years on: UK exporters still adjusting to life outside the EU
Asia|Economy|Political|World

South Korea's Lee asks Trump to lead peaceful diplomacy with North Korea

South Korean President Lee Jae Myung asked U.S.

South Korea's Lee asks Trump to lead peaceful diplomacy with North Korea
Business|Economy|Finance|World

BOJ deputy's brief moment at the helm reveals deeper inflation anxiety

When the Bank of Japan's second-in-charge stepped in for his sick boss at this week's historic policy meeting, he delivered a surprisingly blunt message: The

BOJ deputy's brief moment at the helm reveals deeper inflation anxiety
Business|Economy|Finance|Stock Markets|World

European shares end higher as markets await Iran deal details, Fed policy; BMW slides

European shares inched higher on Wednesday as investors awaited details of the U.S.-Iran peace agreement and the Federal

European shares end higher as markets await Iran deal details, Fed policy; BMW slides
Business|Economy|Technology|World

JLR's profit recovery plan disappoints investors despite US growth push

Jaguar Land Rover will prioritise growth in the U.S. as it seeks to counter weakness in its traditional stronghold of China, but will deliver only a 4%

JLR's profit recovery plan disappoints investors despite US growth push
Business|Economy|Finance|World

Italy's Del Vecchio eyes private debt route as BNP cools on buyout financing, source says

Leonardo Maria Del Vecchio is exploring private debt options to help finance a €10 billion ($11.6 billion) deal to increase his stake in family holding company Delfin, the

Italy's Del Vecchio eyes private debt route as BNP cools on buyout financing, source says
Business|Crime|Economy|World

Judge formally ends US prosecution of Turkey's Halkbank after Trump deal

A federal judge dismissed on Wednesday the U.S.

Judge formally ends US prosecution of Turkey's Halkbank after Trump deal
Business|Economy|Europe|Science|Technology|World

AI will lead to labour shortages, Bezos says in optimistic talk

Artificial Intelligence will lead to labour shortages, not the replacement of humans, Amazon founder Jeff Bezos predicted in a highly optimistic appearance at the VivaTech

AI will lead to labour shortages, Bezos says in optimistic talk
Business|Economy|Europe|Technology|World

UK orders Google to improve search transparency to boost competition

Britain's competition watchdog ordered Google to provide greater transparency on how its search rankings work, part of new rules aimed at securing a "fairer

UK orders Google to improve search transparency to boost competition
Business|Economy|Science|Technology

US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials

The U.S. government awarded $500 million on Wednesday to startup SandboxAQ to develop new chemicals and materials for domestic semiconductor

US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials
Economy|Education|Environment|Political|US

DC voters face a new political era without Eleanor Holmes Norton, after her 18 terms in Congress

For the first time in a generation, Washingtonians are waking up to a general election lineup that doesn't include Eleanor Holmes Norton as delegate

DC voters face a new political era without Eleanor Holmes Norton, after her 18 terms in Congress
Business|Economy|Environment|Science|Technology

China's BYD ramps up battery production in Brazil

Chinese electric carmaker BYD is scaling up battery production in Brazil, a senior executive told Reuters, as it pushes deeper into local

China's BYD ramps up battery production in Brazil
Business|Economy|Technology|US|World

Amazon may face penalties from potential FTC ad suit, Bloomberg News reports

Amazon.com may face a U.S.

Amazon may face penalties from potential FTC ad suit, Bloomberg News reports
Business|Economy|Technology

Intel's new manufacturing tech enters initial production

Intel on Tuesday said the new generation of its 18A manufacturing process has entered risk production, as the chipmaker sees strong demand for its central processors.

Intel's new manufacturing tech enters initial production
Business|Economy|Environment|World

Container imports soar at busiest US port in May as buyers try to outrun rising fuel costs

Imports to the busiest U.S. container port in Los Angeles hit the second-highest level in history during May, as retailers rushed in products like

Container imports soar at busiest US port in May as buyers try to outrun rising fuel costs
Business|Economy|Political|World

World Bank approves guarantee-backed financing package for Argentina

The World Bank Group on Tuesday approved a guarantee-backed financing

World Bank approves guarantee-backed financing package for Argentina
Business|Economy|Technology|World

Japan manufacturers' sentiment rises for second month on chip-driven demand: Reuters Poll

Japanese manufacturers' sentiment improved for the second consecutive month in June, as persistent semiconductor demand supported chemicals and machinery

Japan manufacturers' sentiment rises for second month on chip-driven demand: Reuters Poll
Business|Economy|Finance|Science|Technology

HSBC partners with Google Cloud to expand AI usage

HSBC on Wednesday announced a multi-year partnership with Alphabet Inc-owned Google Cloud focused on building the British bank's artificial intelligence capabilities.

HSBC partners with Google Cloud to expand AI usage
Business|Economy|Finance|Stock Markets|Technology

US asset managers file for first ETFs targeting Wall Street's new obsession, AI and the 'MANGOS'

Just days after SpaceX wrapped up its record $75 billion initial public stock offering and ignited another burst of enthusiasm among traders for all things AI, two

US asset managers file for first ETFs targeting Wall Street's new obsession, AI and the 'MANGOS'
Asia|Business|Economy|World

Japan's exports rise on weak yen, AI boom, but price-led gains mask weak volumes

Japan's exports grew for a ninth straight month in May, data showed on Wednesday, as a weaker yen, higher commodity prices and solid semiconductor demand

Japan's exports rise on weak yen, AI boom, but price-led gains mask weak volumes
Economy|Health

US sues New York health officials over alleged fraud in Medicaid homecare program

The Trump administration sued top New York health officials on Tuesday over an alleged scheme to rig the bidding process for managing the state's

US sues New York health officials over alleged fraud in Medicaid homecare program
Business|Economy|Finance|Stock Markets|Technology

OpenAI burned $3.7 billion in first quarter of 2026, The Information reports

OpenAI burned through $3.7 billion in the first quarter of 2026, more than half its $5.7 billion in revenue, The Information reported on Tuesday, citing documents the company

OpenAI burned $3.7 billion in first quarter of 2026, The Information reports
Business|Economy|Education|Environment|Political|World

G7 leaders pledge to enhance efforts to address global debt vulnerabilities

G7 leaders on Tuesday pledged to step up efforts to address high debt burdens among developing countries,

G7 leaders pledge to enhance efforts to address global debt vulnerabilities
Arts|Business|Crime|Economy|Entertainment|Finance|World

Australia court bans ex-Star CEO for six years over money laundering failures

An Australian court on Wednesday banned former Star Entertainment CEO Matthias Bekier from managing companies for six years and fined him A$700,000 ($494,620) over failure to

Australia court bans ex-Star CEO for six years over money laundering failures
Business|Economy|Environment|Political|World

China calls for more Global South voices to be heard at United Nations

Emerging markets suffer from inadequate representation at the United Nations, its authority increasingly challenged by escalating political and economic disputes worldwide

China calls for more Global South voices to be heard at United Nations
Business|Economy|Finance|Stock Markets|US|World

All eyes on how Warsh walks the line

A look at the day ahead in European and global markets from Tom Westbrook Kevin Warsh wraps up his first Federal Open Market Committee meeting with tumbling oil prices and a tentative peace offering a

All eyes on how Warsh walks the line
Business|Economy|Europe|World

Mood darkens among German auto suppliers as investment, hiring fall, survey shows

German automotive suppliers expecting business conditions to worsen over the next year now outnumber the industry's optimists, a survey showed on Wednesday,

Mood darkens among German auto suppliers as investment, hiring fall, survey shows
Economy|Environment|Political|World

G7 leaders unite in support to Ukraine, agree to add pressure on Russia

The leaders of the G7 countries said on Wednesday they stand united to support Ukraine, including its territorial integrity, and agreed to increase the

G7 leaders unite in support to Ukraine, agree to add pressure on Russia
Business|Economy|MidEast|Political|World

Iran deal includes $300 billion fund, more than half of which already committed, source says

A $300 billion private fund designed to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and

Iran deal includes $300 billion fund, more than half of which already committed, source says
Economy|Environment|Political|World

Trump's Iran war weighs on G7 economies, but don't expect hard talk in France

Rising inflation and a 30% jump in oil prices are dampening global growth, but leaders of the world's top economies are unlikely to blame U.S.

Trump's Iran war weighs on G7 economies, but don't expect hard talk in France
Business|Economy|Finance|World

Bank of Korea vows to respond until inflation eases towards target

The governor of the Bank of Korea on Wednesday vowed to adjust policy to curb inflation, as the central bank said price pressures were expected to keep inflation above its

Bank of Korea vows to respond until inflation eases towards target
Business|Economy|Technology|World

Toyota shareholders back Toyoda as chairman and new CEO Kon at annual meeting

Toyota Motor shareholders re-elected Akio Toyoda as chairman and backed new CEO Kenta Kon as a board member on Tuesday, endorsing the

Toyota shareholders back Toyoda as chairman and new CEO Kon at annual meeting
Business|Economy|Europe|Science|Technology|World

Europe frets about U.S. AI as tech world flocks to France for G7, VivaTech

By Supantha Mukherjee and Leo Marchandon PARIS/STOCKHOLM, June 17 - Europe's quest for technological sovereignty will dominate discussions at the G7 in France and the VivaTech conference in Paris this

Europe frets about U.S. AI as tech world flocks to France for G7, VivaTech
Business|Economy|Finance|Stock Markets

As chair, Warsh finally has a chance to put stamp on Fed balance sheet

By Michael S.

As chair, Warsh finally has a chance to put stamp on Fed balance sheet
Economy|Europe|Political|World

US, Trump have changed to more realistic view of war in Ukraine, Canada's Carney says

The United States and U.S.

US, Trump have changed to more realistic view of war in Ukraine, Canada's Carney says
Asia|Business|Economy|Political|World

Uzbek president pledges continued reforms, tax-free zone at Tashkent forum

Uzbekistan's President Shavkat Mirziyoyev promised on Wednesday to continue economic reforms in the fast-growing Central

Uzbek president pledges continued reforms, tax-free zone at Tashkent forum
Business|Economy|Europe|World

How Brexit is estimated to have hit the UK economy

Britain's economy has seen weak growth overall since it left the European Union at the start of 2020, though disentangling the effects of Brexit from the

How Brexit is estimated to have hit the UK economy
Business|Economy|Europe|World

Northern Ireland tops UK's economic growth charts since Brexit vote

This time 10 years ago, few would have predicted that Northern Ireland would be topping the United Kingdom's economic growth charts after the 2016 vote to leave the

Northern Ireland tops UK's economic growth charts since Brexit vote
Business|Economy|Technology|World

Brembo, Ningbo SAFE form India ABS joint venture

Italian brake maker Brembo and Ningbo SAFE Brakes Systems have agreed to form a joint venture in India to make motorcycle anti-lock braking systems, expanding into a market set for

Brembo, Ningbo SAFE form India ABS joint venture
Business|Economy

Australia's ASX proposes 25% cap on share issuance in M&A without shareholder vote

The Australian Securities Exchange plans to limit companies to issuing no more than 25% of their share capital to fund takeovers without a shareholder vote

Australia's ASX proposes 25% cap on share issuance in M&A without shareholder vote
Business|Economy|Environment|Lifestyle|Technology

Save on gas with these five Edmunds-recommended used plug-in hybrid vehicles

Plug-in hybrids may come in all shapes and sizes, but they all have one thing in common: They’re a great way to dip your toes into the electric vehicle pool without completely giving up the convenience of gasoline

Save on gas with these five Edmunds-recommended used plug-in hybrid vehicles
Business|Economy|World

China central bank's deepening control on short-term rates sparks debate over policy focus

China's central bank announced on Wednesday it was deepening control over short-term money markets and tying overnight money borrowing costs more closely to its benchmark

China central bank's deepening control on short-term rates sparks debate over policy focus
Business|Economy|Finance|World

UK house prices rose by 3.8% in year to April, ONS says

British house prices rose by 3.8% in the year to April, after showing no growth in the year to March, the Office for National Statistics said on Wednesday.

UK house prices rose by 3.8% in year to April, ONS says
Business|Economy|Finance|Travel|World

Australia relaxes Gulf travel advice in boost for Middle Eastern airlines

Australia on Wednesday relaxed its travel advice for several Middle Eastern countries, allowing Australians to transit through and

Australia relaxes Gulf travel advice in boost for Middle Eastern airlines
Africa|Business|Economy|Political|World

South Africa's DA leader seeks to demote agriculture minister

The leader of South Africa's Democratic Alliance has asked President Cyril Ramaphosa for changes to his party's representatives in the cabinet, including the demotion

South Africa's DA leader seeks to demote agriculture minister
Business|Economy|Finance|World

Japan moves toward first-ever consumption tax cut, adds to fiscal strain

Japan is moving toward temporarily cutting its consumption tax on food to 1% in what would be the first effective reduction of its kind, further straining

Japan moves toward first-ever consumption tax cut, adds to fiscal strain
Americas|Business|Economy|Finance|US|World

UN food aid agency gets $800 million grant from US after funding cuts

The United Nations World Food Programme said on Wednesday it welcomed an $800 million contribution from the United States, following previous funding cuts from President

UN food aid agency gets $800 million grant from US after funding cuts
Business|Economy|Europe|Finance|Political|World

ECB wage tracker shows muted pay pressure despite war inflation

Euro zone negotiated wage growth appears to be slowing as predicted, European Central Bank data showed on Wednesday, offering policymakers relief that the Iran-war-

ECB wage tracker shows muted pay pressure despite war inflation
Business|Economy|Technology|World

US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say

The U.S. has held off adding China’s AI startup DeepSeek, memory chipmaker CXMT and more than 100 other companies flagged as national security risks to a trade

US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say
Business|Economy|Europe|Finance|Stock Markets|World

UK inflation unexpectedly sticks at 13-month low before BoE rate decision

British inflation held at 2.8% in May, unchanged from April's 13-month low and below forecasts from both economists and the Bank of

UK inflation unexpectedly sticks at 13-month low before BoE rate decision
Asia|Business|Economy|World

China issues five-year employment plan, vows to keep job market stable

China's State Council, the cabinet, issued the country's next five-year plan for implementing the "employment-first strategy" on Wednesday, pledging to keep the job market

China issues five-year employment plan, vows to keep job market stable
Business|Economy|Finance|Stock Markets|World

As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremes

Is the second half of 2026 when the U.S. consumer finally cracks and leaves the economy gasping for breath, or will rising inflation and strong

As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremes
Business|Economy|Education|Environment|Political

Americans are divided on ‘culture war’ issues, a new CNN poll finds. Republicans are trying to leverage that in the midterms

Americans are divided on ‘culture war’ issues, a new CNN poll finds. Republicans are trying to leverage that in the midterms

Americans are divided on ‘culture war’ issues, a new CNN poll finds. Republicans are trying to leverage that in the midterms
Business|Economy|Health|Science|Technology|World

US progesterone supplies tighten as menopause treatment demand grows

U.S. supplies of progesterone are coming under strain, with patients, clinicians, and pharmacists reporting recent intermittent shortages of oral

US progesterone supplies tighten as menopause treatment demand grows
Business|Economy|Finance|Stock Markets|World

Welcome to the Warsh era

What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Global stocks were steady on Wednesday as markets awaited

Welcome to the Warsh era
Business|Crime|Economy|Finance

Ex-Citi director’s lawsuit over firing involves questions over potential Trump-linked account, source says

A former Citigroup executive alleged in a lawsuit that she was fired in retaliation for raising regulatory and compliance questions, according to

Ex-Citi director’s lawsuit over firing involves questions over potential Trump-linked account, source says
Business|Economy|Political|US|World

Trump: Clayton DNI confirmation won't go forward until McDonald is confirmed as US Attorney

President Donald Trump said Wednesday's Senate hearing on Jay Clayton's nomination to become the next U.S. spy chief was canceled and would not go forward until James McDonald is

Trump: Clayton DNI confirmation won't go forward until McDonald is confirmed as US Attorney
Business|Economy|Europe|Finance|Stock Markets|World

BMW shares sink after profit warning highlights China and Iran risk

Shares in German premium carmaker BMW fell around 7% on Wednesday to their lowest since late 2020 after it issued a profit warning that surprised some

BMW shares sink after profit warning highlights China and Iran risk
Business|Economy|Finance|Stock Markets|Technology|World

US SEC poised to allow stock token trading in potential market shakeup

U.S. equity markets face a potential shakeup as the Securities and Exchange Commission readies a new policy that would allow crypto companies to offer

US SEC poised to allow stock token trading in potential market shakeup
Asia|Business|Economy|Science|Technology|World

China to support IPOs by 'future industry' startups, large model companies

China took fresh steps on Wednesday to fund tech innovation amid an intensifying rivalry with the U.S., saying it would

China to support IPOs by 'future industry' startups, large model companies
Business|Economy|Finance|World

Canada's Carney isn't having a bilateral meeting with Trump at G7 but says it's not a snub

Canadian Prime Minister Mark Carney will leave the G7 summit without a formal meeting with U.S. President Donald Trump as the free trade agreement between the countries faces an uncertain future

Canada's Carney isn't having a bilateral meeting with Trump at G7 but says it's not a snub
Business|Economy|Environment|Political

Exclusive: West Coast emergency oil reserve sparks pushback from Senate Democrats

Exclusive: West Coast emergency oil reserve sparks pushback from Senate Democrats

Exclusive: West Coast emergency oil reserve sparks pushback from Senate Democrats
Economy|Election|Europe|Political|World

Why 0.1% of Britons could determine the prime minister’s fate

Why 0.1% of Britons could determine the prime minister’s fate

Why 0.1% of Britons could determine the prime minister’s fate
Economy|Political|World

Lawmakers in the dark on Iran deal as Trump says he will send it to Congress

President Donald Trump said on Tuesday he was willing to send his interim deal to end the war with Iran for review by the U.S.

Lawmakers in the dark on Iran deal as Trump says he will send it to Congress
Business|Economy|Finance|World

Trading Day: US stocks mixed, oil slides, SpaceX continues its ascent

Wall Street was mixed on Tuesday as tech shares weighed on the S&P 500 and the Nasdaq while the Dow notched another record high and crude prices resumed their post-Iran-

Trading Day: US stocks mixed, oil slides, SpaceX continues its ascent
Business|Economy|Entertainment|Finance|Stock Markets|Technology|US|World

AT&T names Jennifer Biry as CFO from 2027, Desroches to retire

Telecom provider AT&T said on Tuesday Pascal Desroches will retire as CFO at the end of 2026 and that Jennifer Biry would succeed him.

AT&T names Jennifer Biry as CFO from 2027, Desroches to retire
Business|Economy|Environment|World

Cargill studies beef tallow for Brazil biodiesel as US tariffs bite

Cargill is studying the feasibility of using beef tallow to produce biodiesel in Brazil, a trader for the firm said on Tuesday, as U.S. tariffs have made exports of the

Cargill studies beef tallow for Brazil biodiesel as US tariffs bite
Economy|Election|Finance|World

Most Americans see freedoms under threat but core to nation's identity, AP-NORC poll finds

A new AP-NORC poll has found that most Americans believe civil liberties like the right to vote are under threat

Most Americans see freedoms under threat but core to nation's identity, AP-NORC poll finds
Business|Economy|Election|Finance|Sports|Stock Markets|US|World

Georgia Republicans choose Collins for Senate and Jackson for governor, a mixed result for Trump

Georgia Republicans delivered a split decision for Donald Trump in Tuesday runoffs

Georgia Republicans choose Collins for Senate and Jackson for governor, a mixed result for Trump
Business|Economy|Interview|Science|Technology

Nvidia's Jensen Huang says society needs 'new social norms' in the age of AI

Nvidia CEO Jensen Huang — whose work helped propel artificial intelligence — is stressing in an Associated Press interview that society has no choice but to change in the advent of AI

Nvidia's Jensen Huang says society needs 'new social norms' in the age of AI
Business|Crime|Economy|Education|Political

Federal government seeks to halt the first U.S. reparations program for Black people

The federal government has asked a judge to halt the United States' first reparations program in Evanston, Illinois

Federal government seeks to halt the first U.S. reparations program for Black people
Business|Economy|MidEast|Political|World

US officials downplay text of the Iran agreement, saying it doesn’t account for back-channel commitments

US officials downplay text of the Iran agreement, saying it doesn’t account for back-channel commitments

US officials downplay text of the Iran agreement, saying it doesn’t account for back-channel commitments
Business|Economy|Environment|Technology|Travel

First express toll lanes in Kansas see rising but limited use

First express toll lanes in Kansas see rising but limited use

First express toll lanes in Kansas see rising but limited use
Business|Economy|Political|World

Senate fails to advance war powers resolution to halt US action against Iran

The Senate has tried again to advance a war powers resolution that would force an end to the U.S. military action against Iran

Senate fails to advance war powers resolution to halt US action against Iran
Economy|Education|Entertainment|Interview|US|World

JD Vance went on television to plug a faith memoir. 'The View' had other plans

Vice President JD Vance is promoting his new book, but that wasn’t the main focus when he went on ABC’s “The View” to plug his memoir on faith

JD Vance went on television to plug a faith memoir. 'The View' had other plans
Business|Economy|Science|Technology

GM, Lockheed to collaborate on defense projects

General Motors and defense company Lockheed Martin are collaborating on projects to strengthen the U.S. manufacturing and defense industrial base, the

GM, Lockheed to collaborate on defense projects
Economy|Environment|Political|World

US-Iran ceasefire agreement to be public soon, permanent truce still awaits negotiation

Details began to emerge on Tuesday of the U.S. and Iran's interim agreement to end the war in the Middle East,

US-Iran ceasefire agreement to be public soon, permanent truce still awaits negotiation
Business|Economy|Science|Technology|World

EssilorLuxottica, Applied Materials strike deal to develop smart glasses, AR technology

EssilorLuxottica, the world's largest eyewear maker, has signed a long-term deal with chipmaking equipment company Applied Materials to develop augmented reality display technology

EssilorLuxottica, Applied Materials strike deal to develop smart glasses, AR technology
Business|Economy|Environment|Technology

Rivian trims workforce by about 2% amid profitability push

Electric-vehicle maker Rivian said on Tuesday it is laying off less than 2% of its workforce as part of ongoing efforts to scale its operations profitably.

Rivian trims workforce by about 2% amid profitability push
Business|Economy|Europe|Finance|World

French central bank cuts economic growth outlook as energy prices bite

France's economy is growing more slowly than expected after a sluggish start to the year with the Middle East conflict weighing on activity, the central bank said on Tuesday

French central bank cuts economic growth outlook as energy prices bite
Asia|Business|Economy|Finance|Stock Markets|World

Oil prices tumble again on US-Iran deal; S&P 500 falls

Oil prices fell more than 5% on Tuesday, extending this week's losses on hopes a U.S.-Iran deal to end the Middle East

Oil prices tumble again on US-Iran deal; S&P 500 falls
Business|Economy|Environment|Political|World

Tehran can immediately sell oil upon signing US-Iran deal, US official says

The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the war, a

Tehran can immediately sell oil upon signing US-Iran deal, US official says
Business|Economy|Finance|Sports

Apollo's sale of the largest US private golf-club operator shows upswing in M&A for luxury clubs

A post-COVID surge in U.S. golf-club memberships is leading to big deals for private-club operators that cater to the affluent, evidenced in Apollo

Apollo's sale of the largest US private golf-club operator shows upswing in M&A for luxury clubs
Business|Economy|Stock Markets|Technology

SpaceX vaults past Amazon's market value as options listing fuels surge

SpaceX roared past Amazon's market valuation on Tuesday and briefly topped that of Microsoft, rapidly scaling the list of the

SpaceX vaults past Amazon's market value as options listing fuels surge
Business|Economy|Finance|World

Argentina's May trade surplus expected at $2 billion, helped by oil and farm exports - Reuters poll

Argentina likely posted a trade surplus of $2 billion in May, a Reuters poll showed, as crude shipments were buoyed by high global oil prices and weak

Argentina's May trade surplus expected at $2 billion, helped by oil and farm exports - Reuters poll
Business|Economy|Environment|Europe|World

Volkswagen reduces production at German plant amid uncertain future for site

Volkswagen will pare back production of the open-top T-roc Cabrio SUV at its plant in Osnabrueck, Germany, a company spokesperson said on Tuesday, alarming employee

Volkswagen reduces production at German plant amid uncertain future for site
Business|Economy|Finance|Political|Stock Markets|US|World

Fed's watchdog warns of central bank foreign travel risks, calls for reforms

By Michael S.

Fed's watchdog warns of central bank foreign travel risks, calls for reforms
Business|Economy|Finance|Stock Markets|World

Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volume

Goldman Sachs has managed more than $1 trillion worth of announced mergers and acquisitions so far in 2026, marking a record pace for any

Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volume
Business|Economy|Environment|Political|World

Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open

Oil prices fell about 5% for a second day in a row to a three-month low on Tuesday as details emerged of an interim deal to end the war in the Middle

Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open
Business|Economy|Finance|World

World Bank approves guarantee-backed financing package for Argentina

The World Bank Group on Tuesday approved a guarantee-backed financing package to help mobilize up to $2 billion in commercial loans for Argentina, which will help the

World Bank approves guarantee-backed financing package for Argentina
Business|Economy|Finance|World

Eyeing control of Brazil's Raizen, IG4 approaches Moelis and Journey

Independent investment bank Moelis & Company and financial consultancy firm Journey Capital, advisers to creditors of sugar and ethanol producer

Eyeing control of Brazil's Raizen, IG4 approaches Moelis and Journey
Business|Economy|Environment|Science|World

Potential Tropical Cyclone One forms off Texas coast, threatening dangerous flash flooding

A tropical storm was expected to form off the Texas coast by Wednesday morning from a system labeled Potential Tropical Cyclone One,

Potential Tropical Cyclone One forms off Texas coast, threatening dangerous flash flooding
Business|Economy|Technology

Oracle says details in report of failed Microsoft cloud deal talks 'inaccurate'

Oracle said on Tuesday that details in a Business Insider report on the collapse of its discussions with Microsoft over a potential leasing deal were inaccurate.

Oracle says details in report of failed Microsoft cloud deal talks 'inaccurate'
Business|Economy|Finance|Stock Markets|World

Nasdaq and S&P 500 slip while Dow hits record close

The Nasdaq Composite and the S&P 500 finished lower on Tuesday under pressure from technology stocks, while the Dow Jones Industrial Average

Nasdaq and S&P 500 slip while Dow hits record close
Economy|Finance|Political|US|World

White House talking points claim victories in initial Iran deal but often don't meet reality

The White House has informed supporters that President Donald Trump has accomplished his goals in the war with Iran despite the details of an initial agreement remaining unclear

White House talking points claim victories in initial Iran deal but often don't meet reality
Business|Economy|Political|World

‘We want to get this thing over with’: How Trump officials overcame skepticism of Iran to reach an agreement

‘We want to get this thing over with’: How Trump officials overcame skepticism of Iran to reach an agreement

‘We want to get this thing over with’: How Trump officials overcame skepticism of Iran to reach an agreement
Business|Economy|Finance|Stock Markets|World

Oil drops below $80 per barrel, while tech stocks weigh on a mixed Wall Street

Oil prices sank again, while U.S. stocks drifted to a mixed finish near their all-time highs

Oil drops below $80 per barrel, while tech stocks weigh on a mixed Wall Street
Business|Economy|Education|Entertainment|Health|Lifestyle

CNA's 30+ years of care inspires amid nursing shortage

CNA's 30+ years of care inspires amid nursing shortage

CNA's 30+ years of care inspires amid nursing shortage
Business|Crime|Economy|Entertainment|Health|US

Luigi Mangione due in court on Wednesday in CEO murder case 

Luigi Mangione, the man accused of gunning down a health insurance executive on a Manhattan sidewalk, is due for a hearing in state court on Wednesday ahead

Luigi Mangione due in court on Wednesday in CEO murder case 
Business|Economy|Environment

Soaring US beef prices likely to rise further thanks to trade tensions and disease outbreaks

The tightly integrated North American beef market, under pressure from drought and the spread of the screwworm, could get further roiled by trade uncertainty.

Soaring US beef prices likely to rise further thanks to trade tensions and disease outbreaks
Economy|Education|Environment|World

African and Commonwealth nations in Kenya urge quick execution of a key treaty protecting oceans

African and Commonwealth nations have called for a swift implementation of a landmark treaty protecting the high seas

African and Commonwealth nations in Kenya urge quick execution of a key treaty protecting oceans
Business|Economy|Finance|Stock Markets|US

Pizza Hut, overtaken by the arrival of delivery culture, will be sold for $2.7 billion

Pizza Hut's parent company is selling the 68-year-old chain for $2.7 billion

Pizza Hut, overtaken by the arrival of delivery culture, will be sold for $2.7 billion
Business|Economy|Environment|Health

$80 to $878: Residents question spiking water bills

$80 to $878: Residents question spiking water bills

$80 to $878: Residents question spiking water bills
Business|Economy|Europe|Political|World

China complains UK sanctions on Chinese entities over Russia

The Chinese embassy in Britain said on Tuesday it had lodged "serious

China complains UK sanctions on Chinese entities over Russia
Business|Economy|Environment|Science|Technology

Pentagon commits $500 million loan to Phoenix Tailings for rare earth plant

Phoenix Tailings said on Tuesday the Pentagon's Office of Strategic Capital has conditionally committed $500 million in long-term debt financing to the company to construct a rare

Pentagon commits $500 million loan to Phoenix Tailings for rare earth plant
Business|Economy|Europe|Fashion and Beauty|World

Shein and Paris department store end controversial partnership

French department store BHV and online fast-fashion retailer Shein have ended their partnership, just seven months after the opening of a permanent Shein shop in the Paris

Shein and Paris department store end controversial partnership
Business|Economy|Finance|Stock Markets|Travel|World

Saudi-backed Riyadh Air wins approval to operate US flights

Saudi Arabia's new airline Riyadh Air won the right to operate flights to and from the United States, the U.S.

Saudi-backed Riyadh Air wins approval to operate US flights
Business|Economy|Europe|World

BMW lowers profit outlook due to China downturn, Iran war double whammy

BMW slashed its outlook for 2026 on Tuesday, blaming an accelerated downturn in the key Chinese market as well as the impact of the Iran war, which the

BMW lowers profit outlook due to China downturn, Iran war double whammy
Business|Economy|Finance|Technology|World

Nasdaq and S&P 500 slip while Dow hits record high

The Nasdaq Composite and the S&P 500 finished lower on Tuesday under pressure from technology stocks, while the Dow Jones Industrial Average

Nasdaq and S&P 500 slip while Dow hits record high
Business|Economy|Entertainment|Finance|Interview|Stock Markets|Technology

Snap CEO Spiegel defends Specs as long-term bet, pushes back against activist pressure

Snap CEO Evan Spiegel told Reuters the company's new Specs augmented-reality glasses are part of its long-term strategy, pushing back on activist

Snap CEO Spiegel defends Specs as long-term bet, pushes back against activist pressure
Business|Economy|Europe|Finance|Stock Markets|Technology|World

EU must tap trillions of euros in private savings to keep up with US and China, investors say

Europe must tap into trillions of euros of private savings to fund the economic transformation it needs to

EU must tap trillions of euros in private savings to keep up with US and China, investors say
Business|Economy|Political|US|World

Trump invokes Defense Production Act for munitions, supply chains

U.S.

Trump invokes Defense Production Act for munitions, supply chains
Business|Economy|Environment|Health|World

Costs to Lebanon of latest Israel-Hezbollah war

Lebanon has suffered the deadliest spillover of the regional war triggered by the U.S.-Israeli strikes on Iran more than three months ago, which is set to end with a deal

Costs to Lebanon of latest Israel-Hezbollah war
Business|Economy|Finance|Stock Markets|Technology

SpaceX options debut pulls record demand as investors chase rocket stock

Trading in SpaceX options kicked off with record volume and bullish activity dominating on Tuesday, underscoring strong investor

SpaceX options debut pulls record demand as investors chase rocket stock
Economy|Environment|Science|Travel|World

MoDOT spent $2.6 million on invasive tree removal in preparation for World Cup

MoDOT spent $2.6 million on invasive tree removal in preparation for World Cup

MoDOT spent $2.6 million on invasive tree removal in preparation for World Cup
Economy|Europe|Political|World

The Latest: Trump at G7 summit for talks with world leaders on Iran and Ukraine

Group of Seven leaders are meeting for talks on Russia’s war in Ukraine and U.S. President Donald Trump's tentative deal with Iran

The Latest: Trump at G7 summit for talks with world leaders on Iran and Ukraine
Business|Economy|Travel|World

Higher prices for gas, groceries and flights will likely outlast the Iran war

Economists and industry analysts say that even after oil starts flowing again from the Middle East, it could take awhile for the Iran war's effects on consumer prices to recede

Higher prices for gas, groceries and flights will likely outlast the Iran war
Business|Economy|Food

Yum strikes two deals to sell Pizza Hut for $2.7 billion in tale of diverging fortunes

Yum Brands said on Tuesday it would sell its Pizza Hut chain for a combined $2.7 billion in two deals that highlight separate trajectories for

Yum strikes two deals to sell Pizza Hut for $2.7 billion in tale of diverging fortunes
Business|Economy|Europe|Finance|Stock Markets

Thyssenkrupp to spin off materials trading division, its biggest by sales

Thyssenkrupp plans to spin off its materials trading division, whose sales account for nearly a third of the group's

Thyssenkrupp to spin off materials trading division, its biggest by sales
Business|Economy|World

Nearly half of investors plan to boost EM private credit - Gemcorp survey

Some 42% of institutional investors plan to increase their private credit allocations to emerging markets over the next two years, according to a survey by

Nearly half of investors plan to boost EM private credit - Gemcorp survey
Business|Economy|Environment|Finance|Political|Technology|US

US senators ask for review of Tesla's 'Full Self-Driving' safety data, citing Reuters report

Two U.S. senators are asking the nation’s traffic safety regulator to examine Tesla's self-published crash statistics for its “Full Self-Driving” (FSD

US senators ask for review of Tesla's 'Full Self-Driving' safety data, citing Reuters report
Business|Economy|Science|Technology

Nvidia's Huang pledges AI will boost manufacturing jobs. A test will come in Texas

Nvidia is betting on artificial intelligence to revive U.S. manufacturing

Nvidia's Huang pledges AI will boost manufacturing jobs. A test will come in Texas
Arts|Business|Celebrity|Economy|Entertainment|Lifestyle

Luke's 'Empire' lightsaber, 'Wizard of Oz' witch hat and Lebowski rugs going up for auction

A Luke Skywalker lightsaber from “The Empire Strikes Back” is expected to fetch at least $1 million at an upcoming auction

Luke's 'Empire' lightsaber, 'Wizard of Oz' witch hat and Lebowski rugs going up for auction
Business|Economy|Finance|Political|Stock Markets|US|World

US import prices increase more than expected in May

U.S. import prices rose more than expected in May amid strong gains in the prices of fuels and capital goods, leading to the largest annual increase in nearly four

US import prices increase more than expected in May
Business|Crime|Economy|Europe

Court clears all defendants in first verdict in Milan urban planning investigation

A Milan court on Tuesday acquitted all eight defendants in the first verdict among a dozen criminal cases into urban planning that

Court clears all defendants in first verdict in Milan urban planning investigation
Business|Economy|Technology

Verizon targets wireless customers with new simpler plans, drops some fees

Verizon is aiming to attract customers by offering simpler plans, dropping activation and upgrade fees and unveiling a new loyalty program offering

Verizon targets wireless customers with new simpler plans, drops some fees
Business|Economy|Finance|US|World

US single-family housing starts slide to eight-month low; imported inflation increases sharply

U.S. single-family homebuilding fell to an eight-month low in May, pressured by higher mortgage rates and building material prices, suggesting the

US single-family housing starts slide to eight-month low; imported inflation increases sharply
Business|Economy|Finance|Stock Markets|World

Brazil central bank to cut interest rates by another 25 basis points on June 17

Brazil's central bank is set to deliver a third consecutive 25-basis-point interest rate cut on Wednesday, a Reuters poll

Brazil central bank to cut interest rates by another 25 basis points on June 17
Business|Economy|Science|Technology

SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race

Elon Musk's SpaceX is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost

SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race
Business|Economy|Finance|Political|Stock Markets|World

Oil prices fall 4% to three-month low on hopes interim US-Iran deal will reopen Hormuz

Oil prices fell about 4% to a fresh three-month low on Tuesday on hopes the U.S. and Iran will agree to end the war and allow oil to flow through the

Oil prices fall 4% to three-month low on hopes interim US-Iran deal will reopen Hormuz
Business|Economy|Finance|Stock Markets|Technology|World

Dow touches record high as oil slides further

The blue-chip Dow touched a fresh record high on Tuesday as oil prices slid further on optimism around a U.S.-Iran peace deal, while SpaceX surpassed Amazon's market value to

Dow touches record high as oil slides further
Business|Economy|Europe|Finance|World

ECB will be proactive against high inflation even after Iran deal, Lane says

The European Central Bank will continue to be "proactive" in its fight against high inflation even after a deal between the United States

ECB will be proactive against high inflation even after Iran deal, Lane says
Business|Economy|Environment|Science|Technology

Self-driving tech supplier Mobileye plans US robotaxi service next year

Mobileye Global said on Tuesday it would launch its own robotaxi service in the United States next year, putting the self-driving technology supplier in direct

Self-driving tech supplier Mobileye plans US robotaxi service next year
Business|Economy|Finance|Stock Markets|World

What happens after UniCredit's takeover offer for Commerzbank ends on Tuesday

UniCredit's €40 billion buyout offer for Commerzbank concludes on Tuesday.  Here are key takeaways from the process: WHAT NEXT? 

What happens after UniCredit's takeover offer for Commerzbank ends on Tuesday
Economy|Europe|Political|World

Zelenskiy says G7 agreed Russia is not winning war, discussed more sanctions

Ukrainian President Volodymyr Zelenskiy said on Tuesday the Group of Seven leaders agreed at a summit in France that Russia was not winning its war in Ukraine, and they

Zelenskiy says G7 agreed Russia is not winning war, discussed more sanctions
Economy|Europe|World

Swiss back new EU agreement by two-to-one margin, poll says

Swiss voters support a new agreement to deepen economic ties with the European Union by a two-to-one margin, an opinion poll showed on Tuesday,

Swiss back new EU agreement by two-to-one margin, poll says
Business|Economy|Finance|World

Latin America's trade with China surges but US dominance holds, IDB finds

China was the fastest-growing buyer of Latin American and Caribbean goods in the first three months of 2026, a report by the Inter-American

Latin America's trade with China surges but US dominance holds, IDB finds
Business|Economy|Science|Technology|World

Olin to buy Huntsman in a $2.43 billion deal amid challenging chemicals market

Olin said on Tuesday it will acquire Huntsman in an all-stock deal valued at about $2.43 billion, combining two U.S. chemical producers as the industry seeks scale

Olin to buy Huntsman in a $2.43 billion deal amid challenging chemicals market
Economy|World

UK and EU to hold summit on July 22, PM Starmer says

Britain and the European Union will hold their second summit on July 22, Prime Minister Keir Starmer said on Tuesday, as his government seeks to reset ties with the bloc

UK and EU to hold summit on July 22, PM Starmer says
Business|Economy|Finance|Stock Markets|World

Dollar slips as markets wait on Warsh's Fed debut

The dollar dropped on Tuesday on continuing optimism over a peace deal with Iran while investors awaited the conclusion of the Federal Reserve's policy

Dollar slips as markets wait on Warsh's Fed debut
Business|Economy|Europe|Technology|World

Binance set to lose permission to operate in EU, sources say

Binance, the world's largest crypto exchange, is set to lose permission to serve European Union clients from

Binance set to lose permission to operate in EU, sources say
Business|Economy|Education|Health|World

Pakistan moves to slash period tax, after legal challenge by two young lawyers

Pakistan moves to slash period tax, after legal challenge by two young lawyers

Pakistan moves to slash period tax, after legal challenge by two young lawyers
Business|Economy|Environment|World

Iran war is a wake-up call for Southeast Asia's energy sector, IEA report says

The International Energy Agency says Southeast Asia’s power sector is too open to risks from its dependence on imports of oil and gas from a limited number of suppliers

Iran war is a wake-up call for Southeast Asia's energy sector, IEA report says
Business|Economy|Europe|Political|World

Trump signals swift return of sanctions on Russian oil as G7 refocuses on Ukraine

President Donald Trump and G7 leaders are focusing on the Ukraine war and Trump is considering reimposing sanctions soon on Russian oil shipments

Trump signals swift return of sanctions on Russian oil as G7 refocuses on Ukraine
Business|Economy|Finance|Science|Stock Markets|Technology|US

SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk’s space exploration and AI company seeks a competitive edge against rivals Anthropic and OpenAI after its Wall Street debut last week

SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI
Business|Economy|Finance|Stock Markets|Technology

SpaceX is having a week for the history books. It’s only Tuesday

SpaceX is having a week for the history books. It’s only Tuesday

SpaceX is having a week for the history books. It’s only Tuesday
Business|Economy|Political|World

EU lawmakers approve US trade deal to avert tariff conflict

The European Parliament approved on Tuesday cutting duties on many U.S. goods imports to fulfill the European Union's side of a trade deal struck

EU lawmakers approve US trade deal to avert tariff conflict
Business|Economy|Finance|Opinion|Political|Science|Stock Markets|Technology|US

Prediction markets are opening many new opportunities for unregulated insider trading and unethical bets – in the name of making a game out of politics

The rapidly growing popularity of prediction markets is sparking worries about the markets’ effects on US politics, where campaign staff has bet on its candidate’s electoral performance.

Prediction markets are opening many new opportunities for unregulated insider trading and unethical bets – in the name of making a game out of politics
Arts|Business|Economy|Environment|Technology

How Wall Street is shifting electric utilities toward consolidation and profit

Electric utilities don’t make money from selling power to customers, but instead profit from investments in power plants, wires, substations and other equipment.

How Wall Street is shifting electric utilities toward consolidation and profit
Business|Economy|Europe|Finance|Stock Markets|World

European shares extend rally as investors await details of US-Iran agreement

European shares edged higher on Tuesday, extending the previous session's rally, sparked by a preliminary agreement between the

European shares extend rally as investors await details of US-Iran agreement
Business|Economy|World

German investor morale rebounds on hopes Iran conflict will end

German investor morale rose unexpectedly in June as financial market experts bet on an easing of the Iran conflict and associated inflation pressures. 

German investor morale rebounds on hopes Iran conflict will end
Business|Economy|Finance|World

Colombia presidential candidates have rival visions, but fiscal reality looms for both

Whoever is elected Colombia’s next president in a Sunday vote will have limited room to carry out his economic agenda,

Colombia presidential candidates have rival visions, but fiscal reality looms for both
Business|Economy|Education|Environment|Finance|Political|World

Perfect tie in Andean district shows Peru’s enduring political fractures

Past the outskirts of Peru’s sprawling coastal capital, where the Andes begin to rise, a small mountain district was perfectly split in the

Perfect tie in Andean district shows Peru’s enduring political fractures
Business|Economy|Health|World

From Durex to diamonds, companies count cost of global crises

Global firms from consumer goods giant Reckitt to diamond maker De Beers and brewer Carlsberg said on Tuesday that the Iran

From Durex to diamonds, companies count cost of global crises
Business|Economy|Political|World

Iraq PM to visit Washington to boost economic ties with U.S.

Iraqi Prime Minister Ali al-Zaidi will visit Washington in mid-July with the aim of deepening strategic ties with the United States, focusing primarily on economic, trade,

Iraq PM to visit Washington to boost economic ties with U.S.
Economy|Europe|World

Iceland's finance minister says EU membership is vital as Arctic rivalry and trade wars intensify

Iceland should join the European Union to help it boost its economy, stand up to larger trade partners and withstand Arctic rivalry, the island's

Iceland's finance minister says EU membership is vital as Arctic rivalry and trade wars intensify
Arts|Business|Economy|Entertainment

‘Fallout’ producer lauds tax breaks for luring show to Hollywood

As guests milled around a cavernous sound-stage that houses one of the sets from the

‘Fallout’ producer lauds tax breaks for luring show to Hollywood
Business|Economy|Finance|Stock Markets|World

Wells Fargo raises year-end S&P 500 target on stronger earnings outlook

Wells Fargo raised its year-end 2026 target for the S&P 500 to 7,950, pointing to stronger corporate earnings, easing macroeconomic risks following the U.S.-Iran

Wells Fargo raises year-end S&P 500 target on stronger earnings outlook
Business|Economy|Finance|Stock Markets|Technology

Trading platform Robinhood to cut 10% of workforce in restructuring

Robinhood said on Tuesday it would cut 10% of its full-time workforce, or about 290 roles, as the trading platform seeks to operate more efficiently by flattening

Trading platform Robinhood to cut 10% of workforce in restructuring
Africa|Crime|Economy|Political|World

South Africa's Ramaphosa warns against scapegoating migrants for economic woes

South African President Cyril Ramaphosa on Tuesday warned against blaming migrants for the country's economic pain, saying they should not be scapegoated for South

South Africa's Ramaphosa warns against scapegoating migrants for economic woes
Business|Economy|Europe|World

German auto lobby welcomes EU approval of US trade deal but tariffs still weigh

The European Parliament's approval of Brussels' trade deal with the United States is important for German auto makers seeking clarity but trade barriers remain too high,

German auto lobby welcomes EU approval of US trade deal but tariffs still weigh
Business|Economy|World

The U.S. is using an Iranian smuggling tactic to sneak oil out of the Gulf

The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf

The U.S. is using an Iranian smuggling tactic to sneak oil out of the Gulf
Crime|Economy|Europe|World

Italy arrests seven over anarchist network linked to Winter Olympics rail sabotage

Italian police have arrested seven people accused of belonging to an anarchist militant network and carrying out sabotage on a high-speed railway line during the Winter

Italy arrests seven over anarchist network linked to Winter Olympics rail sabotage
Business|Economy|Finance|World

Warsh takes Fed pulpit with immediate challenges, longer-term agenda

Federal Reserve Chairman Kevin Warsh will convene his first meeting as U.S. central bank chief on Tuesday and hold a press conference the following

Warsh takes Fed pulpit with immediate challenges, longer-term agenda
Business|Economy|Finance

Some at Fed may pencil in a hike. Most won't. Warsh is a question mark

A majority of Federal Reserve policymakers now feel they will need to keep U.S. short-term borrowing costs on hold all year, projections due out on

Some at Fed may pencil in a hike. Most won't. Warsh is a question mark
Business|Economy|Finance|Stock Markets|World

UBS expects no Fed easing this year; sees hawkish tone in June meeting

UBS Global Wealth Management pushed back its timeline for U.S.

UBS expects no Fed easing this year; sees hawkish tone in June meeting
Business|Economy|Finance|Stock Markets|US

Bond investors shift to neutral ahead of Warsh's Fed debut

Bond investors head into Kevin Warsh's first policy meeting as Federal Reserve chair this week with a far more cautious posture, reflecting a

Bond investors shift to neutral ahead of Warsh's Fed debut
Business|Economy|Finance|Stock Markets|Technology|World

Central banks take the stage

What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest The global stock rally

Central banks take the stage
Economy|Environment|Europe|Political|World

Ukrainian drone strike halts operations at Moscow oil refinery, sources say

A Ukrainian drone attack started a fire at the refinery that is the largest fuel supplier to the Moscow region on Tuesday, and two industry sources told Reuters that it had halted

Ukrainian drone strike halts operations at Moscow oil refinery, sources say
Business|Economy|World

US, Mexican officials to discuss agriculture, energy as Trump casts doubt on trade deal

U.S. and Mexican negotiators meet in Washington on Tuesday for a second round of talks focused on agriculture and energy in an effort to revamp the

US, Mexican officials to discuss agriculture, energy as Trump casts doubt on trade deal
Business|Economy|Environment|Finance

U.S. grid’s $1 trillion problem could equal a $1 billion payout for power CEOs

The U.S. electric grid’s mounting reliability problems have contributed to higher power bills for millions of homes and businesses.

U.S. grid’s $1 trillion problem could equal a $1 billion payout for power CEOs
Business|Economy|Finance|World

Bank of Japan raises rates to 31-year high, flags more to come

The Bank of Japan raised interest rates to a 31-year high on Tuesday in a landmark step in its policy normalisation, signalling readiness

Bank of Japan raises rates to 31-year high, flags more to come
Americas|Business|Economy|Election|Finance|Political|Stock Markets|US|World

CNN poll: Political independents hit their highest level in a decade

CNN poll: Political independents hit their highest level in a decade

CNN poll: Political independents hit their highest level in a decade
Business|Economy|World

Kevin Warsh was bracing for rising inflation. A US-Iran agreement simplifies things

Kevin Warsh was bracing for rising inflation. A US-Iran agreement simplifies things

Kevin Warsh was bracing for rising inflation. A US-Iran agreement simplifies things
Arts|Business|Economy|Election|Finance|Political|US

Burt Jones makes Rick Jackson’s big spending his closing argument in Georgia gubernatorial runoff

Burt Jones makes Rick Jackson’s big spending his closing argument in Georgia gubernatorial runoff

Burt Jones makes Rick Jackson’s big spending his closing argument in Georgia gubernatorial runoff
Business|Economy|Europe|Political|World

G7 leaders — and the rest of the world — wait for clarity on US-Iran agreement

G7 leaders — and the rest of the world — wait for clarity on US-Iran agreement

G7 leaders — and the rest of the world — wait for clarity on US-Iran agreement
Business|Economy|Finance|World

Germany's RWI institute expects weaker economic recovery as energy shock lifts inflation

Germany's economy is expected to grow by 0.8% in both 2026 and 2027, as resilient industrial activity offsets only part of the drag from higher energy

Germany's RWI institute expects weaker economic recovery as energy shock lifts inflation
Business|Economy|Europe|Finance|Stock Markets|World

Germany formally rejects UniCredit's Commerzbank offer

Germany has officially rejected UniCredit's offer for Commerzbank shares, the country's finance agency said on Tuesday, citing a low

Germany formally rejects UniCredit's Commerzbank offer
Asia|Economy|Political|World

China's Xi backs Myanmar's president as two leaders meet in Beijing

Chinese President Xi Jinping on Tuesday endorsed the political leadership of Myanmar's military chief-turned-president Min Aung Hlaing as the two met in Beijing

China's Xi backs Myanmar's president as two leaders meet in Beijing
Business|Economy|Environment

Canadian home sales jump 5.5% in May, prices dip

Canadian home sales rose in May, making up some ground after a slow start to the typically active spring market, and prices edged lower, data from the

Canadian home sales jump 5.5% in May, prices dip
Economy|Europe|Political|World

UK places sanctions on Russian 'shadow' ships and Yandex Bank

Britain on Tuesday imposed sanctions on the banking arm of Russian firm Yandex, two other lenders and dozens of vessels accused of

UK places sanctions on Russian 'shadow' ships and Yandex Bank
Business|Economy|Environment|Technology

Fast-tracked power plants fuel AI boom, with little public scrutiny

From the front window of her house, Breanne Kidd once watched the sun rise over farmland as she sipped coffee before toddlers arrived

Fast-tracked power plants fuel AI boom, with little public scrutiny
Business|Economy|Science|Technology|World

Japan's tech business SoftBank rolls out OpenAI 'patches' against cyberattacks

Japanese technology giant SoftBank Group Corp. is launching a service using OpenAI technology to protect against the looming threat of cyberattacks

Japan's tech business SoftBank rolls out OpenAI 'patches' against cyberattacks
Asia|Business|Economy|Finance|Political|Stock Markets|US|World

Taiwan president says he 'won't give up' on defence spending after parliament cuts

Taiwan President Lai Ching-te said on Tuesday he would "not give up" on increasing defence spending, after the island's opposition-majority

Taiwan president says he 'won't give up' on defence spending after parliament cuts
Asia|Economy|Environment|Political|World

Thailand appoints South African and German experts for UN arbitration process in dispute with Cambodia, foreign minister says

Thailand has appointed conciliators from South Africa and Germany for a U.N. arbitration process that was initiated by Cambodia to resolve a long-running maritime dispute,

Thailand appoints South African and German experts for UN arbitration process in dispute with Cambodia, foreign minister says
Business|Economy|World

More central banks signal plans to increase gold holdings, WGC survey shows

A record 45% of the reserve managers surveyed by the World Gold Council, up 2 percentage points from a year ago, expect to increase their own institutions' gold holdings

More central banks signal plans to increase gold holdings, WGC survey shows
Business|Economy|Health|Science|World

Novo Nordisk to seek approval soon to sell Wegovy pill in China

Novo Nordisk plans to seek Chinese regulatory approval for its Wegovy weight-loss pill "very soon," its CEO said on Tuesday, as it moves to catch up with

Novo Nordisk to seek approval soon to sell Wegovy pill in China
Business|Economy|Finance|World

BOJ Deputy Governor Uchida's comments at news conference

The Bank of Japan raised interest rates to a 31-year high on Tuesday, marking another landmark step in normalising monetary policy as it focused on taming price pressures from the

BOJ Deputy Governor Uchida's comments at news conference
Business|Economy|Europe

A decade on from Brexit vote, divided brothers are both disappointed

Two businessmen brothers who held opposite positions on Brexit at the time of the vote are both feeling disappointed 10 years on.

A decade on from Brexit vote, divided brothers are both disappointed
Business|Economy|Finance

All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates

Ever since Kevin Warsh was nominated by President Trump in late January to lead the Federal Reserve, a question has lingered: Will he seek to raise interest rates to tame inflation or cut them as Trump has long demanded

All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates
Business|Economy|Europe|World

China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summit

For eight years, the United States has waged economic war on China, slapping big taxes on Chinese products before they enter America

China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summit
Business|Economy|Finance|Stock Markets|World

Japan turns it up to... 1

A look at the day ahead in European and global markets from Tom Westbrook Central bank moves in Asia on Tuesday went as telegraphed, with Japan raising its short-term policy rate to 1% - the highest

Japan turns it up to... 1
Business|Economy|Finance|Stock Markets|World

Australia central bank holds rates, warns hikes might not be over

Australia's central bank held its cash rate steady at 4.35% on Tuesday, saying the economy was slowing in the face of tighter financial conditions but warned it might hike

Australia central bank holds rates, warns hikes might not be over
Business|Economy|Europe|Finance|World

Ukraine aims to align banks, insurers with EU rules by 2028, central banker says

Ukraine is accelerating reforms to align its banking and insurance sectors with EU standards by 2028 despite wartime challenges, to buttress investor

Ukraine aims to align banks, insurers with EU rules by 2028, central banker says
Business|Economy|Finance|Stock Markets|World

Australia central bank warns rate hikes might not be over after holding fire

Australia's central bank held its cash rate steady at 4.35% on Tuesday, saying the economy was slowing in the face of tighter financial

Australia central bank warns rate hikes might not be over after holding fire
Business|Economy|Technology|World

US business group hopeful for progress on stalled double tax deal with Taiwan

The head of the American Chamber of Commerce in Taiwan said on Tuesday he was hopeful of progress on a long-stalled double taxation agreement that could unlock more

US business group hopeful for progress on stalled double tax deal with Taiwan
Business|Economy|World

KPMG scandal deepens Big Four accounting firms' woes in Australia

KPMG's audit-leak scandal is set to further dampen the prospects in Australia of the Big Four accounting firms, with data showing their new

KPMG scandal deepens Big Four accounting firms' woes in Australia
Australia|Economy|Environment|Science|World

Australia declares El Nino set to be strongest in decades

Australia's weather bureau warned on Tuesday that an El Nino weather pattern has formed in the tropical Pacific and could intensify in the

Australia declares El Nino set to be strongest in decades
Business|Economy|Food|Health|Lifestyle|Travel

Instant noodles have a bad reputation — but the world still can’t get enough of them

Instant noodles have a bad reputation — but the world still can’t get enough of them

Instant noodles have a bad reputation — but the world still can’t get enough of them
Business|Economy|Finance|Political|Stock Markets|World

World Bank cuts Myanmar growth forecast as fuel shock deepens economic strains

Myanmar’s economy is showing tentative signs of stabilisation but the recent fuel price shock has amplified pressure on the civil-war-ravaged Southeast Asian country, the World

World Bank cuts Myanmar growth forecast as fuel shock deepens economic strains
Asia|Economy|Political|World

China embraces Myanmar's president as former junta chief seeks legitimacy

Myanmar President Min Aung Hlaing's state visit to China is set to give the former junta chief a significant diplomatic boost as he seeks to consolidate his grip on power in the

China embraces Myanmar's president as former junta chief seeks legitimacy
Business|Economy|Finance|World

BOJ raises interest rates to 31-year high in widely expected move

The Bank of Japan raised interest rates to a 31-year high on Tuesday, a widely expected move that signalled its focus on countering inflation risks from the Middle East

BOJ raises interest rates to 31-year high in widely expected move
Business|Economy|Science|Technology

OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports

OpenAI spent $34 billion last year to dominate the booming AI market ahead of its planned IPO, the Financial Times reported on Monday.

OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports
Business|Economy|Finance|World

China's economic imbalance deepens as retail sales fall for first time in over three years

China's economy showed increasing unevenness in May, with retail sales falling for the first time in over three years and

China's economic imbalance deepens as retail sales fall for first time in over three years
Business|Economy|Environment|Technology|World

US-Iran deal may not bring quick relief for auto shops

Tokyo auto shops and Detroit car dealerships have been running short of motor oil, paint and other products for months since the

US-Iran deal may not bring quick relief for auto shops
Business|Economy|Finance|Stock Markets|World

China's industrial output growth quickens in May but retail sales and investment contract

China's industrial output rose 4.5% in May from a year earlier, picking up from 4.1% growth recorded in April, data from the

China's industrial output growth quickens in May but retail sales and investment contract
Business|Economy|World

China's new home prices fall at faster pace in May on soft demand

China's new home prices fell at a slightly faster pace in May, official data showed on Tuesday, as the crisis-hit property

China's new home prices fall at faster pace in May on soft demand
Business|Economy|World

Hong Kong seeks input on its first 5-year plan in an echo of mainland China's playbook

Hong Kong has launched a public consultation for its first five-year plan in a politically symbolic step that brings it closer to mainland China’s development approach

Hong Kong seeks input on its first 5-year plan in an echo of mainland China's playbook
Business|Economy|Environment|Political|World

U.S. gasoline slips below $4 a gallon for first time since April

U.S. average retail gasoline prices dipped below $4 a gallon for the first time since mid-April, as optimism grew that a preliminary deal between the U.S.

U.S. gasoline slips below $4 a gallon for first time since April
Business|Economy|Environment|Finance|US|World

GM in talks to supply weapons parts to Lockheed Martin, WSJ reports

General Motors is in talks with Lockheed Martin about making parts for the defense contractor's weapons, the Wall Street Journal reported on Monday, citing sources.

GM in talks to supply weapons parts to Lockheed Martin, WSJ reports
Business|Economy|World

Iran deal could expand market gains, with consumer shares, small caps seen benefiting

A deal to end the Middle East war could strengthen a broad swath of stocks as lower oil prices stand to bolster consumer spending

Iran deal could expand market gains, with consumer shares, small caps seen benefiting
Business|Economy|Finance|Stock Markets|Technology

SpaceX to release results on website, X only, bypassing wire services

SpaceX will release quarterly and annual financial results, besides other material news, only through its website and social media account on X and not through wire distribution

SpaceX to release results on website, X only, bypassing wire services
Economy|Health|Science|World

True scale of Congo Ebola outbreak still unknown one month in, responders say

One month after Ebola cases were confirmed in eastern Congo, its true scale remains unknown, with major data gaps muddying the picture and

True scale of Congo Ebola outbreak still unknown one month in, responders say
Business|Economy|Finance|Food

Mondelez names consumer goods veteran Amit Banati as CFO

Chocolate maker Mondelez International on Monday named former Kellogg executive Amit Banati as its new chief financial officer, effective July 1.

Mondelez names consumer goods veteran Amit Banati as CFO
Business|Economy|Technology|World

Senator Cruz urges regulator to impose conditions on T-Mobile spectrum sale

The chair of the Senate Commerce Committee on Monday questioned a plan from private investment firm Grain Management to acquire key wireless

Senator Cruz urges regulator to impose conditions on T-Mobile spectrum sale
Asia|Business|Economy|Environment|Political|Technology|World

North Korea touts industrial ‘miracles’ as output exceeds targets, state media says

North Korea’s industrial output reached 105% of planned targets in the 100 days following the country's ruling party congress in February, driven by technological innovation

North Korea touts industrial ‘miracles’ as output exceeds targets, state media says
Business|Economy|Political|Technology|Travel|US

US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outage

The Trump administration said on Monday it had closed an investigation, without seeking any penalties, into a July 2024 meltdown at Delta Air Lines

US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outage
Business|Economy|Finance|World

Newmont names new CFO, COO as part of leadership overhaul

Newmont on Monday announced a string of executive appointments, including the naming of Brian Tabolt as its finance chief, as the gold miner reshapes its top management under a

Newmont names new CFO, COO as part of leadership overhaul
Business|Economy|Environment|Technology|World

Global EV registrations rise 3% globally in May, BMI data shows

Global demand for electric vehicles rose for a third straight month in May, as subsidies and high petrol prices continued to drive the transition away from

Global EV registrations rise 3% globally in May, BMI data shows
Business|Economy|Finance|Political|World

With war likely over, Iranian rulers must face demands of angry, embittered population

Iran's theocratic rulers have seen off a U.S. military campaign but their real problems may be about to begin: managing the

With war likely over, Iranian rulers must face demands of angry, embittered population
Business|Crime|Economy|World

Stanley Woodward to run US DOJ's antitrust division, MLex reports

The U.S.

Stanley Woodward to run US DOJ's antitrust division, MLex reports
Business|Economy|Finance|Stock Markets|Technology

Nvidia to raise $25 billion in first corporate bond sale in five years

Nvidia said on Monday it would raise $25 billion through a U.S. bond issuance, as it taps the debt market to increase liquidity

Nvidia to raise $25 billion in first corporate bond sale in five years
Business|Crime|Economy|Political|US

US Supreme Court rebuffs challenge to New York law allowing lawsuits against gun industry

The U.S.

US Supreme Court rebuffs challenge to New York law allowing lawsuits against gun industry
Business|Economy|Health|US

Centene offers staff buyouts after Obamacare member losses

U.S. health insurer Centene said on Monday it will offer buyouts to employees following steep losses in its health plan membership over the past year

Centene offers staff buyouts after Obamacare member losses
Business|Economy|Stock Markets|World

Trading Day: US-Iran war halted - now what?

U.S. stocks rallied on Monday and crude prices dropped after the U.S. and Iran announced they have reached a deal to end the war and reopen the Strait of

Trading Day: US-Iran war halted - now what?
Business|Economy|Science|Technology

Qualcomm in talks to buy Tenstorrent, The Information reports

Qualcomm is in talks to acquire AI chip startup Tenstorrent for $8 billion to $10 billion, The Information reported on Monday citing a person with knowledge of the deal.

Qualcomm in talks to buy Tenstorrent, The Information reports
Business|Economy|Science|Technology

SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days

In the old days, companies went public early to access cash to grow. These days, soon-to-be-public companies are already flush with cash from private finance.

SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days
Business|Economy|Political|World

Trump’s Iran accord offers exit from war — and fresh political risks

The Trump administration and Iran's leadership agreed on Sunday to terms to end their war and reopen the Strait of Hormuz, a

Trump’s Iran accord offers exit from war — and fresh political risks
Americas|Business|Economy|World

Online portal used to send US deliveries to Cuba stops taking orders

A key platform that Cubans in the U.S. use to send money and goods to relatives in Cuba has stopped operations

Online portal used to send US deliveries to Cuba stops taking orders
Business|Economy|World

Trump’s agreement with Iran is the moment Netanyahu has been dreading

Trump’s agreement with Iran is the moment Netanyahu has been dreading

Trump’s agreement with Iran is the moment Netanyahu has been dreading
Economy|Health|World

Cuba quantifies impact of US oil blockade on children's health and daily life

Cuba says its healthcare system is struggling due to a U.S. energy blockade

Cuba quantifies impact of US oil blockade on children's health and daily life
Business|Economy|Political|Stock Markets|World

Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war

Stock markets rallied worldwide, and oil prices eased after the United States and Iran reached a tentative deal to get the global flow of crude going again

Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war
Business|Economy|Europe|Finance|Political|World

Trump on Iran: text of Iran deal to be released after Friday

U.S. President Donald Trump said on Monday a deal with Iran has been agreed and the test of the deal will be released sometime after a formal signing on Friday.

Trump on Iran: text of Iran deal to be released after Friday
Business|Economy|Election|Finance|Political|Stock Markets|World

Peru's Fujimori edges ahead as contested presidential votes trickle in

Right-wing candidate Keiko Fujimori extended her marginal lead over leftist rival Roberto Sanchez in Peru's contested presidential race on Monday, as the

Peru's Fujimori edges ahead as contested presidential votes trickle in
Economy|Health|World

US paying almost $25,000 a month to store unusable contraceptives stuck in Belgium 

The United States is spending almost $25,000 every month to store contraceptives in Belgium that were originally bought for

US paying almost $25,000 a month to store unusable contraceptives stuck in Belgium 
Business|Economy|Finance|Stock Markets|World

Wall Street rallies, Dow ends with record on US-Iran deal, oil price slide

Wall Street rallied on Monday, with the Nasdaq climbing 3% and the Dow marking a record-high close after the United States and Iran struck a

Wall Street rallies, Dow ends with record on US-Iran deal, oil price slide
Business|Economy|Finance|Stock Markets|World

Citi cuts Brent forecasts as U.S.-Iran MoU points to Strait of Hormuz flow normalization

Citi on Monday cut its average Brent crude forecasts to $75 and $70 per barrel for the third and fourth quarters of 2026, respectively, citing expectations that the Strait of

Citi cuts Brent forecasts as U.S.-Iran MoU points to Strait of Hormuz flow normalization
Economy|Election|Finance|Political|US|World

Trump's approval ticks up to 36% as price angst eases, Reuters/Ipsos poll finds

President Donald Trump's approval rating ticked a percentage point higher in recent days to 36% as public dissatisfaction over the cost of living grew

Trump's approval ticks up to 36% as price angst eases, Reuters/Ipsos poll finds
Business|Economy|Technology|World

US connected-car rule prompts Ford, other automakers to seek licenses for China-built models​

Ford Motor and other automakers are scrambling to obtain U.S. government authorization to continue selling models that have been in U.S. showrooms for years

US connected-car rule prompts Ford, other automakers to seek licenses for China-built models​
Arts|Business|Crime|Economy|Education|Entertainment|Lifestyle|Technology|World

Florida sues TikTok, claiming it violates state child safety law

Florida's attorney general sued TikTok on Monday over claims it is violating the state's law barring social media platforms from allowing children under age 14

Florida sues TikTok, claiming it violates state child safety law
Business|Economy|Finance|Stock Markets|US

Ackman teases four new stock bets in new fund

Billionaire investor Bill Ackman said on Monday that he has made four new investments that will be held by his investment funds, including his newest offering Pershing

Ackman teases four new stock bets in new fund
Economy|US|World

US and Iran sign ceasefire agreement, details remain unclear

U.S.

US and Iran sign ceasefire agreement, details remain unclear
Business|Economy|Environment|Finance|Stock Markets|World

Stocks of oil in US Strategic Petroleum Reserve falls to lowest since 1983

Stocks of crude oil in the U.S.

Stocks of oil in US Strategic Petroleum Reserve falls to lowest since 1983
Business|Economy|Entertainment|Finance|Technology

Fox strikes $22 billion deal for Roku to fuel streaming push

Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion, marking a significant bet for

Fox strikes $22 billion deal for Roku to fuel streaming push
Business|Economy|Science|Technology

US saw risk of Anthropic models being diverted to foreign military intelligence

U.S.

US saw risk of Anthropic models being diverted to foreign military intelligence
Business|Economy|Europe|Finance|MidEast|Political|US|World

Trump arrives at G7 summit looking for momentum after announcing a deal to end the Iran war

President Donald Trump has started his visit to the G7 summit by hailing an agreement aimed at ending the U.S. conflict with Iran

Trump arrives at G7 summit looking for momentum after announcing a deal to end the Iran war
Business|Economy|Political|World

Trump says the Strait of Hormuz is reopened. But most ships are staying put

Trump says the Strait of Hormuz is reopened. But most ships are staying put

Trump says the Strait of Hormuz is reopened. But most ships are staying put
Business|Economy|Europe|Finance|Political|World

Hungarian parliament rules out Orban return with eight-year limit for prime ministers

Hungary's parliament approved a constitutional amendment on Monday that allows prime ministers to serve for a maximum of eight years, effectively barring former premier

Hungarian parliament rules out Orban return with eight-year limit for prime ministers
Business|Economy|Environment|World

Russia slashes fuel quality rules to stave off shortages, Kommersant reports

Russia is allowing some oil refineries to produce fuel with lower environmental specifications for the domestic market, the Kommersant newspaper reported on Monday, as

Russia slashes fuel quality rules to stave off shortages, Kommersant reports
Business|Economy|Finance|Stock Markets|Technology

Microsoft sued by shareholders over expenses, cloud business, AI

Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its

Microsoft sued by shareholders over expenses, cloud business, AI
Business|Economy|Finance|Stock Markets|World

Stocks gain, oil slides as Trump says Iran deal signed

Major stock indexes and bond prices rallied while oil futures settled at a three-month low on Monday as U.S.

Stocks gain, oil slides as Trump says Iran deal signed
Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

U.S. officials say Iran pact signed, Hormuz traffic will rise significantly

The United States and Iran have signed a memorandum of understanding to end a near four-month war, senior U.S. officials said on

U.S. officials say Iran pact signed, Hormuz traffic will rise significantly
Business|Economy|Finance|Stock Markets|World

LatAm airline shares jump as US-Iran pact knocks oil lower, easing fuel-cost pressure

Shares of Latin American airlines rose on Monday after oil prices fell on news of a U.S.-Iran peace agreement, easing concerns over fuel costs.

LatAm airline shares jump as US-Iran pact knocks oil lower, easing fuel-cost pressure
Business|Economy|Political|World

Canadian envoy to US says discussions on USMCA have been productive

Canada's Ambassador to the United States, Mark D.

Canadian envoy to US says discussions on USMCA have been productive
Business|Crime|Economy|Finance|Stock Markets|US|World

Key witness in US probe of Turkey's Halkbank to be sentenced 9 years after plea

A key cooperating witness in the U.S. government's criminal investigation into Turkish lender Halkbank's alleged role in helping Iran evade sanctions is due

Key witness in US probe of Turkey's Halkbank to be sentenced 9 years after plea
Economy|Europe|Political|World

After taking Iran deal to G7 summit, Trump eyes ending Ukraine war

U.S.

After taking Iran deal to G7 summit, Trump eyes ending Ukraine war
Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

Oil settles at three-month low after Trump says deal signed to end Iran war

Oil prices settled down $4 a barrel to a three-month low on Monday after President Donald Trump said the United States and Iran have signed a

Oil settles at three-month low after Trump says deal signed to end Iran war
Business|Economy|World

US emergency oil stockpile tumbles to lowest since the Reagan administration

US emergency oil stockpile tumbles to lowest since the Reagan administration

US emergency oil stockpile tumbles to lowest since the Reagan administration
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"It was heartbreaking": Homeowner faces long recovery after flash flooding

"It was heartbreaking": Homeowner faces long recovery after flash flooding

"It was heartbreaking": Homeowner faces long recovery after flash flooding
Business|Economy|Environment|Finance|Stock Markets|World

Even with a deal to reopen the Strait of Hormuz, it could take weeks or months for oil to fully flow

The tentative agreement to end the war in Iran and reopen the Strait of Hormuz would be good news for the global economy

Even with a deal to reopen the Strait of Hormuz, it could take weeks or months for oil to fully flow
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EU adds shadow fleet figures, judges, bishop to Russia sanctions list

The European Union targeted Russian shadow fleet figures accused of aiding Moscow's Ukraine war effort as well as individuals linked to opposition figure Alexei Navalny's

EU adds shadow fleet figures, judges, bishop to Russia sanctions list
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Trump says ships carrying oil are moving out of Strait of Hormuz

U.S. President Donald Trump said on Monday that many ships loaded with oil are starting to move out of the Strait of Hormuz.

Trump says ships carrying oil are moving out of Strait of Hormuz
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Airbus CEO criticises Europe's regulatory costs as it opens new line

The CEO of Airbus on Monday urged France and the European Union to tackle high regulatory costs and weak competitiveness weighing on businesses as

Airbus CEO criticises Europe's regulatory costs as it opens new line
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US factory production flat in May; AI investment supporting manufacturing

U.S. factory production was unexpectedly unchanged in May after gains in the prior months, which some economists said were related to businesses

US factory production flat in May; AI investment supporting manufacturing
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AI-referred US shoppers browse longer, spend more per visit, data shows

U.S. shoppers who use large language models, including Google's Gemini or OpenAI's ChatGPT, for purchase recommendations are lingering more on

AI-referred US shoppers browse longer, spend more per visit, data shows
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Europe's STOXX 600 ends at record high as US-Iran deal lifts sentiment

Europe's STOXX 600 hit a record high on Monday, boosted by a relief rally across most sectors after the United States and Iran

Europe's STOXX 600 ends at record high as US-Iran deal lifts sentiment
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SpaceX IPO haul rises to $85.7 billion after underwriters exercise greenshoe

SpaceX said on Monday that its underwriters had exercised the "greenshoe" option to purchase additional shares, increasing the total proceeds from its initial public

SpaceX IPO haul rises to $85.7 billion after underwriters exercise greenshoe
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UN Security Council extends Afghan mission, calls for review

The United Nations Security Council on Monday voted to extend the mandate of the U.N.

UN Security Council extends Afghan mission, calls for review
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Peru's economy beats expectations, up 3.7% in April

Peru's economy expanded 3.73% in April from a year earlier, data from the government's INEI statistics agency showed on Monday, exceeding expectations as nearly all sectors

Peru's economy beats expectations, up 3.7% in April
Asia|Business|Economy|Finance|Stock Markets|World

Mirae Asset apologises to investors over failure to get SpaceX IPO allocation

South Korea's Mirae Asset Securities apologised to investors on Monday for failing to secure an allocation of SpaceX shares in the U.S. company’s record-setting IPO, adding

Mirae Asset apologises to investors over failure to get SpaceX IPO allocation
Business|Economy|World

Global shippers cautious on Hormuz transit despite US-Iran deal

Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz could

Global shippers cautious on Hormuz transit despite US-Iran deal