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Today: April 28, 2026
Today: April 28, 2026

Economy

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CSX appoints new CEO as US railroad operator battles activist pressure

CSX Corp has named veteran executive Steve Angel its CEO, replacing Joe Hinrichs, as the U.S. railroad operator fends off pressure from an activist investor against the

CSX appoints new CEO as US railroad operator battles activist pressure
Asia|Business|Economy|World

South Korea's central bank cites war uncertainty in cautious approach, minutes show

South Korea's monetary policy board said a cautious, wait-and-see approach is appropriate for now as heightened uncertainty from the Iran war warrants more monitoring of

South Korea's central bank cites war uncertainty in cautious approach, minutes show
Business|Economy|Europe|Finance|World

Euro zone banks tighten access to credit as Iran war bites: ECB survey

Euro zone banks tightened access to credit in the three months to March and expect to continue doing so this quarter as the war in Iran pushes up energy prices and

Euro zone banks tighten access to credit as Iran war bites: ECB survey
Business|Economy|Environment|Technology|World

The Hormuz digital chokepoint: How does the Iran war threaten subsea cables?

Iran warned last week that submarine cables in the Strait of Hormuz were a vulnerable point for the region's digital economy, raising concerns about

The Hormuz digital chokepoint: How does the Iran war threaten subsea cables?
Business|Economy|Finance|World

China's central bank guides banks to step up lending in April, sources say

China's central bank has instructed some commercial banks to expand loan issuance in April, said sources with knowledge of the matter, as authorities seek to prevent a sharp

China's central bank guides banks to step up lending in April, sources say
Business|Economy|World

Euro zone faces higher inflation and tighter credit, surveys show

Euro zone consumers sharply raised their inflation expectations and banks tightened access to credit in the wake of the Iran war,

Euro zone faces higher inflation and tighter credit, surveys show
Asia|Economy|Europe|Political|World

EU's top diplomat calls on Southeast Asian countries to seek alternatives to Russian oil

The European Union's foreign policy chief Kaja Kallas urged partner countries in Southeast Asia on Tuesday not to turn to Russia for oil supplies as they try

EU's top diplomat calls on Southeast Asian countries to seek alternatives to Russian oil
Arts|Australia|Business|Economy|Political|Technology|World

Australia moves to tax Meta, Google and TikTok to fund newsrooms

Australia is proposing to tax digital giants Meta, Google and TikTok a proportion of their revenue to pay for news reporters

Australia moves to tax Meta, Google and TikTok to fund newsrooms
Business|Economy|Finance|Stock Markets|World

Nippon Express shares soar after Elliott discloses latest Japan stake

Shares of Japanese logistics firm Nippon Express Holdings leapt as much as 15% after U.S. activist investor Elliott Investment Management disclosed a 5.04% stake in the

Nippon Express shares soar after Elliott discloses latest Japan stake
Business|Economy|Finance|Stock Markets|World

Oil prices gain as Iran war stand-off persists

Oil prices rose nearly 3% on Tuesday, extending the previous session's gains, as efforts to end the U.S.-Iran war appeared to have stalled, with the

Oil prices gain as Iran war stand-off persists
Business|Economy|Finance|Stock Markets|World

European shares subdued as US-Iran talks stall; corporate earnings on tap

European shares were muted on Tuesday as investors braced for a week packed with central bank meetings and corporate earnings, while weighing a diplomatic

European shares subdued as US-Iran talks stall; corporate earnings on tap
Economy|Political|World

Ukraine needs to approve parcel tax to keep IMF funding, source says

Ukraine needs to adopt a law introducing a value-added tax on inexpensive parcels from abroad to ensure its $8.1 billion programme with the International

Ukraine needs to approve parcel tax to keep IMF funding, source says
Business|Economy|Stock Markets|World

European shares gain after a retreat in Asia as Iran war worries push oil prices higher

European shares have opened with gains after a retreat in Asian markets as worries over the Iran war pushed oil prices higher

European shares gain after a retreat in Asia as Iran war worries push oil prices higher
Business|Economy|Political|World

Trump pursues new import taxes to replace the tariffs the Supreme Court rejected

When the Supreme Court killed his favorite tariffs in February, President Donald Trump rolled out temporary import taxes to replace them

Trump pursues new import taxes to replace the tariffs the Supreme Court rejected
Business|Economy|Finance

Will Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday

The Federal Reserve will meet this week ahead of a looming leadership transition that remains fuzzy, and Wednesday’s news conference will be closely watched for any clarification

Will Powell stay or go? Fed chair may reveal next steps after central bank meeting Wednesday
Business|Economy|Finance|World

Two Spirit Airlines creditor groups back Trump bailout plan, FT reports

Spirit Airlines has won the backing of two of its three major creditor groupings needed to secure a $500 million bailout from the Trump administration, the Financial Times

Two Spirit Airlines creditor groups back Trump bailout plan, FT reports
Business|Economy|Finance|Stock Markets|World

BOJ's hawkish hold

A look at the day ahead in European and global markets from Ankur Banerjee In a week packed with central bank meetings, the Bank of Japan's hawkish hold has set the stage for the Fed, the Bank of

BOJ's hawkish hold
Business|Economy|Finance|Stock Markets|US|World

BOJ keeps rates steady but hawkish split points to June hike

The Bank of Japan kept interest rates steady on Tuesday but three of its nine-member board proposed hiking borrowing costs, signalling

BOJ keeps rates steady but hawkish split points to June hike
Business|Economy|Political|Technology|World

Australia to charge Big Tech companies 2% levy unless they strike local news deals

The Australian government said on Tuesday that Meta, Alphabet's Google and TikTok could face multimillion-dollar charges if they did not

Australia to charge Big Tech companies 2% levy unless they strike local news deals
Economy|Environment|Health|World

Iran war is latest blow to Somalia's malnourished children

For Somalia's malnourished children, already suffering the twin catastrophes of looming famine and radical cuts in

Iran war is latest blow to Somalia's malnourished children
Business|Economy|Finance|Stock Markets|World

Oil prices hit $110 while stocks waver on Iran impasse

Stocks held their ground and oil rose on Tuesday as investors weighed the stalemate in the Iran conflict, while the yen was

Oil prices hit $110 while stocks waver on Iran impasse
Business|Economy|Technology|World

China's Chery seeks to be 'Toyota plus Tesla' as it targets global expansion

Chery, China's largest car exporter, is taking inspiration from two very different automakers - Toyota and Tesla - as it pursues expansion in Europe and beyond, its

China's Chery seeks to be 'Toyota plus Tesla' as it targets global expansion
Business|Economy|Finance|Stock Markets|World

BOJ keeps rates steady but 3 board members dissent, call for hike

The Bank of Japan kept interest rates steady on Tuesday but three in the nine-member board proposed hiking borrowing costs, signalling the bank's concern over inflationary

BOJ keeps rates steady but 3 board members dissent, call for hike
Business|Economy|Technology

OpenAI falls short of revenue and user targets as it races toward IPO, WSJ reports

OpenAI has fallen short of its goals for new users and revenue in recent months, sparking concern among some company leaders over whether it can support its extensive data-center

OpenAI falls short of revenue and user targets as it races toward IPO, WSJ reports