Oil Price Trades Lower Despite Israeli Strikes on Iran
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Gold Lower as Investors Digest Powell Comments
Gold settled little changed, as traders continue to mull Fed chairman Powell’s rejection of any possibility of new rate hikes while indicating that cuts were not imminent.The Wall Street Journal - World -
Image of driver killed in miners' strike revealed
A photo of a cabbie killed during the bitter dispute 40 years ago is revealed for the first time.BBC News - Top stories -
China, Russia and Iran among top U.S. threats, intel chiefs say
Two top U.S. intelligence officials testified before the Senate Armed Services Committee on Thursday, outlining threats Americans face around the globe. CBS News' Skyler Henry reports on the top concerns.CBS News - Top stories - China -
Union plans strike vote over crackdown on University of California Gaza protests
UAW Local 4811, largest union of academic workers, also says it will file unfair labor charges over university use of LAPD on protesters. The largest union of academic workers, which represents more than 48,000 graduate student workers throughout ...The Guardian - World - California -
From Ant Man to Boston: Who's got next in the NBA?
The future is now, and the second round is chock-full of young stars primed to step into the spotlight. Get familiar with the storylines powering the postseason.Yahoo Sports - Sports -
FirstFT: Apple sales beat expectations despite China decline
Also in today’s newsletter, a Hong Kong insider trading case, and US law firm Mayer Brown to hive off China operationsFinancial Times - World - China -
Blue Owl Sees Credit Resilience Despite Growing Default Fears
The co-head of alternative asset manager Blue Owl Capital said private-credit firms are in good shape to withstand a sharp rise in loan defaults, despite fears the young market has yet to be tested by a serious economic downturn.The Wall Street Journal - World -
Apple’s revenue falls less than feared despite rocky start to the year
Tech giant’s shares rise as executives project optimism about the coming months and announce $110bn stock buybackFinancial Times - Business -
Israel and Saudi Arabia Are Trading Places
Netanyahu is making his nation more like the worst of the old kingdom, and the crown prince is making his kingdom more like the best of the old Jewish state.The New York Times - Top stories - Israel -
Ukraine war briefing: Ukrainians ‘have the right to strike inside Russia’, says David Cameron
France’s Macron stands firm on potentially sending troops; sanctions on Russian gas leave Gazprom with record annual loss. What we know on day 800. See all our Russia-Ukraine war coverage Continue reading...The Guardian - World - Ukraine -
Friday Briefing: Hamas Considers Israel’s Proposal
Also, the U.S. accused Russia of using chemical weapons.The New York Times - World - Israel -
Turkey halts trade with Israel over Gaza conflict
Ankara demands more aid go to enclave before it will resume $7bn-a-year flows in sign of deepening tensionFinancial Times - Business - Israel -
Turkey halts trade with Israel over Gaza 'tragedy'
Officials say the measures will be in place until Israel allows an "uninterrupted and sufficient flow" of aid.BBC News - Top stories - Israel -
Why investor appetite for commodity funds picked up despite ETF flows broadly seeing ‘pretty big drop’ in April
ETF investors shifted their “buying-behavior rhythm” in April, according to the head of SPDR Americas research at State Street Global Advisors.MarketWatch - Business -
Sunak to allow oil and gas exploration at sites intended for offshore wind
Exclusive: decision to grant licences condemned by critics as a stunt that shows Tories are ‘playing politics with climate’. Fossil fuel companies will be allowed to explore for oil and gas under offshore wind-power sites for the first time, the ...The Guardian - World -
Turkey stops all trade with Israel over ‘humanitarian tragedy’ in Gaza
Israeli foreign minister strongly criticises decision by President Erdoğan, accusing him of acting like a ‘dictator’. Turkey has halted all trade with Israel, citing the “worsening humanitarian tragedy” in the Palestinian territories, which ...The Guardian - World - Israel -
Middle East Crisis: Turkey Halts Trade With Israel as Relations Deteriorate
The Turkish Trade Ministry said all imports and exports with Israel would be halted until “uninterrupted and adequate humanitarian aid is allowed into Gaza.”The New York Times - World - Israel -
Turkey halts all trade with Israel over military actions in Gaza
Turkey has announced that it is suspending all imports and exports to Israel over its ongoing military action in GazaABC News - World - Israel -
Turkey halts trade with Israel over 'humanitarian tragedy' in Gaza
Yahoo News - World - Israel -
Oil holds steady as traders weigh rise in U.S. supplies, Middle East cease-fire talks
Oil futures end on a mixed note Thursday, but remained on track to post notable losses for the week.MarketWatch - Business -
Coterra's smart pivot to oil from natural gas leads to an excellent first quarter and sweeter outlook
Coterra Energy's production paid off in the first quarter, helping the oil-and-gas producer surpass Wall Street expectations.CNBC - Business -
Apple's quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
Apple has posted its steepest quarterly decline in iPhone sales since the pandemic’s outsetABC News - Tech -
We're raising our price target on Apple after its big earnings beat and raise
The consumer tech giant is as strong as ever, and we see positive catalysts ahead.CNBC - Business - Apple -
Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. Elevated costs have come with it.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.MarketWatch - Business -
Turkey cuts off all trade with Israel in protest against Gaza war: report
Yahoo News - World - Israel