Ecb S De Guindos Warns Financial Markets Are Vulnerable to A Sharp Sell Off
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Google streamlines structure to speed up AI efforts
Teams tackling artificial intelligence models unified under leadership of DeepMind founder Demis HassabisFinancial Times - Business - Google -
Israel launches retaliatory strikes against Iran, western officials say
Oil prices jump after limited attacks that were reportedly in response to last week’s drone and missile barrage by TehranFinancial Times - Business - Israel -
Will Rishi Sunak be crushed by the May 2 local elections?
Tory MPs believe PM could face no-confidence vote if party loses crucial mayoralties and hundreds of council seatsFinancial Times - Business -
UK will not ‘turn on’ post-Brexit checks of EU goods for fear of border delays
Industry groups say lack of clarity leaves businesses unsure how to manage new rules due to start on April 30Financial Times - Business - United Kingdom -
A trial is underway for the Panama Papers, a case that changed the country's financial rules
Eight years after 11 million leaked secret financial documents revealed how some of the world’s richest people hide their wealth, more than two dozen defendants are on trial in Panama for their alleged rolesABC News - World -
Asia Markets Fall After Israeli Strike on Iran
Stock markets in Asia fell while safe-haven assets such as U.S. Treasurys, the yen and the Swiss franc rose sharply after Israel launched a retaliatory strike against Iran early Friday.The Wall Street Journal - World - Israel -
Iran crisis risks easing pressure on Israel over Gaza, diplomats warn
Humanitarian situation in Palestinian enclave remains dire, says EU’s top diplomatFinancial Times - World - Iran -
EU watchdog warns bloc still needs Russian LNG
Warning comes as Nordic and Baltic countries seek total ban on imports of the fuel from MoscowFinancial Times - Business - European Union -
Charlize Theron, Michelle Williams and Naomi Watts Turn Out for Dior
This week, the musician Kim Gordon performed after a star-studded Dior runway show in Brooklyn. And, luminaries honored Tony Bennett during Jazz at Lincoln Center’s annual gala.The New York Times - Lifestyle -
Oil Falls as Markets Remain on Edge Amid Middle East Tensions
Oil fell in early Asian trade, hovering at a three-week lowThe Wall Street Journal - World -
How EU leaders fudged a compromise on integration of capital markets
Also in this newsletter: Italy’s Meloni allows anti-abortion campaigners to enter clinicsFinancial Times - World - European Union -
Oil price rises as US says Israel has struck Iran
Reports of a retaliatory strike by Israel raise commodity prices and fears over inflation.BBC News - Top stories - Israel -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.CNBC - Business - China -
Israel downgraded by S&P Global just ahead of retaliatory attack on Iran
S&P dropped Israel’s sovereign credit rating by one notch to A+ from AA-, with the outlook negative, hours before signs of fresh tensions between that country and Iran.MarketWatch - Business - Iran -
Weedkiller manufacturer seeks lawmakers' help to squelch claims it failed to warn about cancer
The maker of a popular weedkiller is turning to lawmakers in key states to try to squelch legal claims that it failed to warn about cancer risksABC News - Health -
World’s biggest election kicks off as India votes
Millions of Indians are queuing up to cast their ballot in the first of the seven-phase election.BBC News - Top stories - India -
A senior Iranian official warned that Iran could work on building nuclear weapons if Israel attacks its nuclear facilities, a new escalation in threats by the two sides.
A senior Iranian official warned that Iran could work on building nuclear weapons if Israel attacks its nuclear facilities, a new escalation in threats by the two sides.The Wall Street Journal - World - Iran -
RFK Jr.'s sister dismisses his candidacy: 'Let's talk about reality'
Kerry Kennedy is brushing off her brother, Robert F. Kennedy Jr.'s, independent presidential bid, arguing it is clear only President Biden or former President Trump will be able to secure the Oval Office in November. Kennedy was speaking with CNN ...The Hill - Politics -
Billy Joel special to air again after abrupt cut-off on CBS
A Billy Joel special on CBS and Paramount+ will air again after it was cut off in the middle of the singer's performance of "Piano Man."CBS News - Entertainment -
Gold Steady as Risk-Off Sentiment Offsets Reduced Hopes for Fed Cuts
Gold was steady in early Asian trade, as risk-off sentiment offsets concerns over hawkish Fed comments earlier this week which dampened hopes for interest-rate cuts.The Wall Street Journal - World - Federal Reserve -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
Luxury car sales plunge as buyers put off by South Korea’s neon green licence plates
President Yoon Suk Yeol has pledged to target private use of company vehiclesFinancial Times - World -
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.The Wall Street Journal - World -
A 12-person jury was picked to decide Trump's fate in his hush-money case, setting the stage for the first criminal trial of a former U.S. president to kick off in earnest next week.
A 12-person jury was picked to decide Trump’s fate in his hush-money case, setting the stage for the first criminal trial of a former U.S. president to kick off in earnest next week.The Wall Street Journal - World