Today: May 09, 2024
Today: May 09, 2024

Economy

Airbnb slumps as gloomy forecast fans slowdown fears

Airbnb shares tumbled more than 8% premarket on Thursday after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took the

Airbnb slumps as gloomy forecast fans slowdown fears

Iran sentences rapper Toomaj Salehi to death over 2022-23 unrest, lawyer tells paper

DUBAI (Reuters) -An Iranian revolutionary court has sentenced well-known Iranian rapper Toomaj Salehi to death for charges linked to Iran's 2022-23 unrest, his lawyer told Iranian newspaper Sharq on

Iran sentences rapper Toomaj Salehi to death over 2022-23 unrest, lawyer tells paper

Barbados 'pauses' acquisition of former slavery plantation owned by Tory MP

Barbados will halt the acquisition of a former slavery plantation belonging to a British Conservative MP after locals said he should transfer land ownership to the state

Barbados 'pauses' acquisition of former slavery plantation owned by Tory MP

Putin warns of global clash as Russia marks victory in World War Two

By Guy Faulconbridge and Vladimir Soldatkin MOSCOW (Reuters) -Russian President Vladimir Putin accused the West on Thursday of risking a global conflict and said no one would be allowed to threaten

Putin warns of global clash as Russia marks victory in World War Two

Blackstone set to clinch Hipgnosis Songs as Concord sticks with lower bid

(Reuters) -Blackstone looked set to clinch its $1.57 billion deal for Hipgnosis Songs Fund after Apollo-backed Concord said on Thursday it would stick with its lower bid for the music rights owner of

Blackstone set to clinch Hipgnosis Songs as Concord sticks with lower bid

Paramount in talks to open its books to Sony, Apollo, sources say

Paramount Global is in talks about opening its books to a consortium of Sony Pictures and buyout firm Apollo Global Management interested in acquiring

Paramount in talks to open its books to Sony, Apollo, sources say

Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation

The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target

Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation

Kremlin says nuclear weapon drills are Russia's response to West's statements

Russia's tactical nuclear weapon drills are a response to statements from the West about sending troops to Ukraine, the Kremlin said on Monday.

Kremlin says nuclear weapon drills are Russia's response to West's statements

Japanese automaker Nissan reports 92% jump in profit as sales surge

Nissan’s profit for the fiscal year through March has jumped 92% to 426.6 billion yen, or $2.7 billion, as the Japanese automaker’s sales grew in all major global markets except China

Japanese automaker Nissan reports 92% jump in profit as sales surge

Automakers win extension on use of Chinese graphite in EV tax credits

The U.S.

Automakers win extension on use of Chinese graphite in EV tax credits

Lazard hires veteran healthcare dealmaker Colocci as vice chairman

Investment bank Lazard Ltd has appointed veteran healthcare dealmaker Michele Colocci as vice chairman and managing director, aiming to boost the growth of its

Lazard hires veteran healthcare dealmaker Colocci as vice chairman

Fed's communications style scores well with analysts but not public

Through a tumultuous period of high inflation, aggressive interest rate hikes, and global instability, the U.S.

Fed's communications style scores well with analysts but not public

Air Vanuatu cancels flights and considers bankruptcy protection

Air Vanuatu has cancelled international flights for four days and is considering bankruptcy protection for the South Pacific state-owned carrier

Air Vanuatu cancels flights and considers bankruptcy protection

Kremlin, commenting on Blinken lobbying China on Russia, says Moscow and Beijing ties to continue

The Kremlin shrugged off a trip to China by U.S.

Kremlin, commenting on Blinken lobbying China on Russia, says Moscow and Beijing ties to continue

Activist investor wins 3 Norfolk Southern board seats but won’t have control to fire CEO

Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted Thursday to elect three of the board members an activist investor nominated, but he won’t be fired right away

Activist investor wins 3 Norfolk Southern board seats but won’t have control to fire CEO

Union push pits the United Farm Workers against a major California agricultural business

A battle is underway in California between a unit of the Wonderful Co. and United Farm Workers over how a group of workers organized under a recently-enacted labor law

Union push pits the United Farm Workers against a major California agricultural business

US and allies aim to help Ukraine bolster defenses after aid gap

The United States hopes its new deliveries of weaponry will help Ukraine rebuild defenses and refit its forces as it recovers from a gap in U.S.

US and allies aim to help Ukraine bolster defenses after aid gap

Green steel needs tiered incentives to become reality in Asia: Russell

By Clyde Russell SINGAPORE (Reuters) -It's time for a reality check about decarbonising Asia's vast and growing steel sector.

Green steel needs tiered incentives to become reality in Asia: Russell

Two Chinese megacities lift home purchase curbs to attract buyers

Two Chinese provincial capitals lifted all home purchase restrictions on

Two Chinese megacities lift home purchase curbs to attract buyers

Turkey's competition board to fine Meta $37.2 million in data-sharing probe

Turkey's competition board fined Meta Platforms 1.2 billion lira ($37.20 million) on Wednesday after concluding two separate investigations on data-sharing in its Facebook,

Turkey's competition board to fine Meta $37.2 million in data-sharing probe

Teva Pharm to launch Humira biosimilar as Q1 profit misses estimates

Teva Pharmaceutical Industries said it was set to launch its long awaited biosimilar of AbbVie's blockbuster arthritis drug Humira in the coming weeks after it

Teva Pharm to launch Humira biosimilar as Q1 profit misses estimates

Republicans urge Biden to prevent French work with Russian nuclear power company

Two influential Republican U.S. lawmakers have urged President Joe Biden to prevent a French company from working on civil nuclear power

Republicans urge Biden to prevent French work with Russian nuclear power company

As climate shifts, a leafhopper bug plagues Argentina's corn fields

Global warming has brought Argentina's corn farmers a dangerous new enemy: a yellow insect just four millimeters (0.16

As climate shifts, a leafhopper bug plagues Argentina's corn fields

Taiwan must invest in building its own 'strengths', vice president-elect says

Taiwan is grateful for continued U.S. security assistance but must invest in building its own "strengths" first and show the world its support for the island is worth it, Vice

Taiwan must invest in building its own 'strengths', vice president-elect says

Ukrainian man sentenced for role in $700 million ransomware scheme, DOJ says

A Ukrainian man was sentenced to 13 years and seven months in prison on Wednesday after for his role in conducting over 2,500 ransomware attacks and demanding

Ukrainian man sentenced for role in $700 million ransomware scheme, DOJ says
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