China S Reopening Good News for Growth But Could Be Inflationary Economists Warn at Davos
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Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - Business -
Biden delivers remarks on the CHIPS Act and job growth
Watch live coverage as President Biden delivers remarks on how the CHIPS and Science Act are growing the economy and creating jobs.NBC News - Top stories - Joe Biden -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Politics -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Top stories -
Blinken’s Visit to China: What to Know
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.The New York Times - World - China -
Blinken’s Visit to China: What to Know
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.The New York Times - Top stories - China -
Cleverly likens Tory plots against Sunak to leaving plane without parachute
UK home secretary says an attempted putsch against PM after a local election drubbing would be a ‘catastrophic idea’Financial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
Putin plans to visit China in May
Yahoo News - World - China -
Blinken’s Visit to China: What to Know
Secretary of State Antony J. Blinken is in China this week as tensions have risen over trade, security, Russia’s war on Ukraine and the Middle East crisis.The New York Times - Business - China -
Remy Cointreau Lifted by China Improvement
Remy Cointreau posted fourth-quarter sales slightly ahead of views, as it saw a better-than-expected performance in China, but continued to destock in the U.S.The Wall Street Journal - World - China -
Remy Cointreau Lifted by China Improvement
Remy Cointreau posted fourth-quarter sales slightly ahead of views, as it saw a better-than-expected performance in China, but continued to destock in the U.S.The Wall Street Journal - Business - China -
Breaking down Blinken's trip to China
Secretary of State Antony Blinken embarked on a three-day trip to China this week, meeting with his Chinese counterpart and President Xi Jinping on Friday. Trade and national security were among the topics of discussion. CBS News national security ...CBS News - Top stories - China -
Could an MP present the Today programme?
Nick looks into a question about which programmes MPs should be allowed to present.BBC News - Top stories -
Troubling S&P 500 chart suggests that stock investors have a rough road ahead
Oversold rally earlier this week doesn’t erase the U.S. market’s negative picture.MarketWatch - Business -
Fallout 4's Free PS5 Update Is Bugged, Will Be Coming To PS Plus Extra Members Says Bethesda
Fallout 4's long-awaited free next-gen update is here, but those attempting to download the update for PlayStation 5 have run into an issue that Bethesda says it's currently working on fixing.Many PlayStation users were quick to complain that they ...GameSpot - Tech -
NFL Draft fashion: Caleb Williams, Malik Nabers dressed to impress, but Marvin Harrison Jr.'s medallion stole the show
Every player was dressed to impress at the 2024 NFL Draft.Yahoo Sports - Sports - NFL -
Chicago appeals court rejects R. Kelly 's challenge of 20-year sentence
A federal appeals court says singer R. Kelly was correctly sentenced to 20 years in prison on child sex convictions in ChicagoABC News - Entertainment -
Big Tech drives S&P 500 to best week since November as investors shrug off inflation worries
U.S. stocks pared their April losses on Friday, with the S&P 500 booking its biggest weekly gain since November as Big Tech stocks rallied.MarketWatch - Business -
Stocks rose with the Dow, S&P 500 and Nasdaq gaining 0.4%, 1% and 2%, respectively.
Stocks rose with the Dow, S&P 500 and Nasdaq gaining 0.4%, 1% and 2%, respectively.The Wall Street Journal - World -
Hearn sends Crucible warning as Ronnie O’Sullivan races into first-round lead
Barry Hearn warns Sheffield over upgrading worlds venueO’Sullivan takes 8-1 lead over Jackson Page in opening matchOn the day that Barry Hearn warned that Sheffield’s days of staging the World Snooker Championship could be numbered, Ronnie ...The Guardian - World -
US TikTok ban would be 'devastating', UK firms warn
UK businesses using TikTok say they could see a significant drop in sales if the app is banned in the US.BBC News - Top stories - United Kingdom -
Warning SEN children face 'cliff edge' after school
Caleb White is one of many children who face a 'bleak' future when they leave school, says his mum.BBC News - Top stories -
Manchester City fire title warning with Phil Foden on song against Brighton
Almost 10 years to the day, Steven Gerrard slipped, Liverpool lost control of their destiny in terms of the Premier League title race and Manchester City nipped in to win it.. The talk in recent weeks and certainly since Arsenal and Liverpool lost ...The Guardian - World -
Calendar ‘getting to tipping point’ with bigger Club World Cup, Masters warns
Premier League CEO unhappy with lack of Fifa consultationManchester City’s 115 charges to be resolved ‘in near future’Richard Masters has criticised Fifa for failing to consult domestic leagues over its plans for an expanded Club World Cup, whose ...The Guardian - World -
In Japan, Bear Attacks Surge as Authorities Warn Hikers Away
Yahoo News - World -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial Times - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - World -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
Investors Cheer Sales Growth at Ben & Jerry's Owner Unilever
Unilever sold more products at higher prices last quarter, a shot in the arm for Chief Executive Hein Schumacher who has been under pressure to deliver stronger growth.The Wall Street Journal - World -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics -
Monster Beverage cut to sell because it’s ‘no longer…a high growth story’
Analyst Bill Chappell says Wall Street is ‘overoptimistic’ about energy drink maker’s gross margin recoveryMarketWatch - Business