European Central Bank Raises Rates by 50 Basis Points Pledges Further Hike in March
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Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - World -
Turkish Central Bank Stays Hawkish Despite Likely Hitting Peak
Turkey’s central bank took a hawkish tone as it held its policy rate at 50%, Liam Peach, senior emerging markets economist at Capital Economics, says.The Wall Street Journal - World - Turkey -
Pending home sales see unexpected jump in March, despite rising mortgage rates
U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday.MarketWatch - Business - Mortgage -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
U.S. trade deficit in goods widens in March to highest level in almost a year
The U.S. trade deficit in goods widened 1.7% to $91.8 billion in March, according to the Commerce Department’s advanced estimate released Thursday.MarketWatch - Business -
A High School Reunion Reignites a 50-Year Crush
Elaine Hall and Roland Passaro, both 88, met in junior high school in 1950 but lost touch before acting on their connection. They finally did, five decades later.The New York Times - Lifestyle -
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
Nvidia plans to acquire Run:ai, a Kubernetes-based software provider that helps optimize AI apps and workloads on GPUs.VentureBeat - Tech -
Labour pledges to fully renationalise rail network
Opposition says it will roll out reforms within first term if it wins UK general electionFinancial Times - Business -
Horses Run Loose Through Central London in Surreal Spectacle
A number of runaway army horses galloped through London on Wednesday morning, causing alarm and injuring pedestrians. All of the animals were eventually recovered.The New York Times - World -
I can win world title in my 50s, says O'Sullivan
Seven-time champion Ronnie O'Sullivan says he is capable of winning a world title in his 50s after reaching the last 16 at the 2024 event.BBC News - Top stories -
World Central Kitchen workers killed by Israeli strikes in Gaza are honored at memorial
A memorial at the National Cathedral in Washington is honoring seven World Central Kitchen aid workers killed by Israeli strikes in Gaza this monthABC News - Top stories - Israel -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - World -
Investment Banking Lifts Deutsche Bank Profits
Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations.The Wall Street Journal - Business -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Labour pledges to renationalise most rail services within five years
Labour says its plan will improve services - but the Tories say it is "pointless" and "unfunded".BBC News - Top stories -
Scotland Made Big Climate Pledges. Now They’re ‘Out of Reach.’
Despite significant progress, Scotland was falling short on cutting vehicle emissions, switching to heat pumps and even restoring peatland, the government said.The New York Times - Science - Climate -
Poland and Lithuania pledge to help Kyiv repatriate Ukrainians subject to military draft
Strong rhetoric boosts Ukraine’s effort to reinforce frontlines, but mechanism by which émigrés could be sent back remains unclear. Poland and Lithuania have said they are prepared to help Ukrainian authorities return men subject to military ...The Guardian - World - Ukraine -
Supreme Court signals further delay in Trump election interference case as it weighs immunity
The Supreme Court considers Donald Trump’s assertion of total immunity from criminal charges over his attempt to overturn the 2020 election results.NBC News - Top stories - Donald Trump -
‘Can you catch it as well?’: bird stunt causes flap in European parliament
Slovakian MEP pulls dove from bag and frees it as ‘symbol of peace’, prompting criticism from colleagues. A Slovakian MEP has raised eyebrows by producing a live bird from a bag and releasing it into the European parliament in what he said was a ...The Guardian - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Macron demands greater European independence in wide-ranging speech
Yahoo News - World -
Doug Emhoff to attend memorial for World Central Kitchen workers killed in Israeli strike
Second Gentleman Doug Emhoff will represent the Biden administration at a memorial Thursday for the seven World Central Kitchen aid workers killed by an Israeli airstrike in Gaza earlier this month, according to a White House official.NBC News - Politics - Israel -
Doug Emhoff to attend memorial for World Central Kitchen workers killed in Israeli strike
Second Gentleman Doug Emhoff will represent the Biden administration at a memorial Thursday for the seven World Central Kitchen aid workers killed by an Israeli airstrike in Gaza earlier this month, according to a White House official.NBC News - Top stories - Israel -
‘Every day I cry’: 50 women talk about life as a domestic worker under the Gulf’s kafala system
Denounced as giving a ‘veneer of legality to slaveholding’ and despite claims of reform, kafala laws persist, allowing bosses to abuse women, who vanish from society. This is their testimony, gathered over two years in a Guardian investigation. ...The Guardian - World -
In Portugal, we’re celebrating 50 years of freedom. So why is the far right creeping back? | Vicente Valentim
Today, we remember the 1974 Carnation Revolution. But as memories of dictatorship fade, anti-democratic forces are on the rise. Fifty years ago, on 25 April 1974, a military-led movement in Portugal took down the rightwing authoritarian regime ...The Guardian - World -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Heat get even, shock Celts with 3-point barrage
Blown out in Game 1, the Heat caught fire Wednesday night by hitting a playoff franchise-record 23 3-pointers to beat the Celtics 111-101, evening the series at 1-1.ESPN - Sports -
Trump tops Biden by just two points in new Florida poll
Former President Trump in a new poll is leading President Biden by just two points in his home state of Florida, which is a longtime swing state but has been seen as relatively safe territory for Republicans in recent elections. The poll from the ...The Hill - Politics - Joe Biden -
WWA Study Points to Role of Hot Oceans in Recent Dubai Floods
An international team of researchers found that heavy rains were intensifying in the region, though they couldn’t say for sure how much climate change was responsible.The New York Times - Science -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - World -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.CNBC - Business -
A high-profile murder trial in Kazakhstan raises awareness of domestic violence
Kazakhstan has been riveted by the live-streamed trial of a businessman accused of murdering his wife, raising awareness about domestic violence.NBC News - Top stories -
New crash test results raise concern for some small SUVs
The Insurance Institute for Highway Safety has updated its testing of vehicles’ ability to avoid crashes. The results show there is some concern for smaller SUVs, as most models did not do well.CBS News - Top stories -
CARV raises $10M to build out modular data layer for gaming and AI
CARV announced that it's raised $10 million in funding to expand its modular data layer for gaming and AI.VentureBeat - Tech -
Movement Labs raises $38M to bring Facebook’s Move Virtual Machine to Ethereum
Movement Labs has raised $38 million in funding to bring Facebook’s Move Virtual Machine to Ethereum in order to improve security.VentureBeat - Tech -
Does a fixed-rate HELOC make sense in today's elevated rate environment?
There are benefits to considering a fixed-rate HELOC in today's economic climate, but there are downsides, too.CBS News - Top stories