Airbus Posts Drop
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U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
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Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - Business -
Why we’re relaunching our guide to post-Brexit Britain
Upgrading state will take more than money; plus, businesses bewail new hostile environment for overseas graduatesFinancial Times - Business - United Kingdom -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Post-Brexit deal on border between Gibraltar and Spain remains unresolved
European Commission vice president, Maroš Šefčovič, cites progress on trade and economy for territory but not border checks. Talks on a post-Brexit deal to govern the border between Gibraltar and Spain have broken up without an agreement, although ...The Guardian - World -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
Israel troops posting abuse footage despite pledge to act
Images shared online include Palestinian detainees draped in the Israeli flag and held in stress positions.BBC News - Top stories - Israel -
Alan Bates rejects second Post Office compensation offer
The latest offer amounted to around a third of what the campaigner had asked for.BBC News - Top stories -
TikTok says it's testing letting users post 60-minute videos
TikTok is allowing select users to upload longer-form videos as the social media app looks to compete with YouTube.CBS News - Top stories - Tiktok -
French post office releases scratch-and-sniff baguette stamp
‘Bakery scent’ added via microcapsules to postage stamp celebrating ‘jewel of French culture’. The French Post Office has released a scratch-and-sniff postage stamp to celebrate the baguette, once described by President Emmanuel Macron as “250 ...The Guardian - World - France -
Crozier’s claim he was unaware of Post Office scandal undermined by letters
Newly found correspondence includes a 2009 email from Jeremy Hunt raising constituents’ concerns about HorizonFinancial Times - Business