Business Leaders Sunnier View
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OPEC Sticks to Oil-Demand View
OPEC left its estimates for global oil-demand growth unchanged for this year and next, while reporting a fall in crude output as the market awaits the cartel’s next production policy move at its upcoming meeting in June.The Wall Street Journal - World -
The Guardian view on Catalonia’s election: moving on from nationalism’s high tide | Editorial
A bad night for pro-independence parties, and a very good one for the Socialists, has vindicated Pedro Sánchez’s conciliatory strategy. In a complex political landscape, Sunday’s regional elections in Catalonia duly delivered a finely balanced ...The Guardian - World -
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Chad's opposition leader challenges the results of the presidential elections
Chad’s opposition leader says he has filed an appeal with the country’s constitutional council to challenge the preliminary results of the May 6 presidential electionABC News - World -
Uber to Acquire Delivery Hero's Foodpanda Business in Taiwan
Uber will also separately purchase $300 million in newly issued ordinary shares of Delivery Hero.The Wall Street Journal - Business - Taiwan -
Tencent Profit Jumps as High-Margin Businesses Grow
Chinese technology giant Tencent reported a sharp rise in profit for the first quarter, buoyed by rapid growth in its high-margin businesses.The Wall Street Journal - World -
Memoirs of former German leader Angela Merkel, titled 'Freedom,' will be published in November
The memoirs of former German Chancellor Angela Merkel will be released in NovemberABC News - Entertainment - Germany -
Unite against the right, urges EU far-left leader
Also in this newsletter: the warming ties between Greece and TurkeyFinancial Times - World - European Union -
How Iran has quietly fixed the race for the next supreme leader
The regime’s power-brokers have done everything to ensure a smooth transition except find a frontrunnerFinancial Times - Business - Iran -
Delivery Hero shares rally on deal to sell Taiwan business, and a stake, to Uber
Delivery Hero shares rallied Tuesday as the German-listed food delivery company agreed to sell its Taiwan business, and a minority stake, to Uber Technologies.MarketWatch - Business -
Uber to acquire Foodpanda's Taiwan business for $950 million, creating a potential monopoly
Uber Technologies is buying the Taiwan business of Delivery Hero-owned Foodpanda for $950 million in cash, as Foodpanda doubles down on other markets.CNBC - Business -
Uber to Buy Delivery Hero's Taiwan Business for $950 Million
Uber will also separately purchase $300 million in newly issued ordinary shares of Delivery Hero.The Wall Street Journal - World - Taiwan -
UK mining giant to offload De Beers diamond business
The announcement comes after Anglo American rejected a £34bn takeover bid from rival BHP.BBC News - Top stories - United Kingdom -
Inflation Is Still a Big Problem for Small Businesses--but There's Cause for Hope
While high costs remain a cause for concern for small companies, there's some good news when it comes to pricing and sales.Inc. - Business -
Greek and Turkish leaders seek to stress thawing relations but tensions remain under the surface
The leaders of Greece and Turkey have met for talks that were supposed to underline their efforts to put aside decades-old disputes but also revealed deep divisions between themABC News - World -
OpenAI Says New GPT-4o Model Is Twice as Fast and Costs Half as Much for Businesses
The ChatGPT creator is bringing generative AI text, audio, and video capabilities together in a single model.Inc. - Business -
Tencent posts fastest profit growth in 3 years as online ads, business services offset slower gaming
Tencent saw slightly better performance in its core gaming business as well as improved profitability in its advertising and business services division.CNBC - Business -
41-year-old who make $160,000 a month in passive income: This is 'the business model that has set me free'
Entrepreneur Graham Cochrane's businesses bring in $160,000 a month in passive income. He shares the business model that "set him free."CNBC - Business -
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Bargain app Temu, which has gained spectacular popularity with American consumers, is shifting business priorities beyond the U.S., people close to the company said.
Bargain app Temu, which has gained spectacular popularity with American consumers, is shifting business priorities beyond the U.S., people close to the company said.The Wall Street Journal - World -
The Federal Energy Regulatory Commission completed new rules designed to expand the construction of big power lines and bring more renewable energy to U.S. homes and businesses.
The Federal Energy Regulatory Commission completed new rules designed to expand the construction of big power lines and bring more renewable energy to U.S. homes and businesses.The Wall Street Journal - World