Chinese Challengers Rise
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Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
A misguided move on Chinese tariffs
New Biden levies on Beijing undermine the global economy and the climate transitionFinancial Times - World -
When We Lost Challenger
Our secretary burst into the room, crying. ‘It blew up,’ she got out.The Wall Street Journal - World -
A New Centrism Is Rising in Washington
Call it neopopulism: a bipartisan attitude that mistrusts the free-market ethos instead of embracing it.The New York Times - Top stories -
The Rise of a New Centrism
In Washington, despite polarization, bipartisanship has somehow become normal.The New York Times - Top stories -
Chinese ambassador promises 'friendship' as 2 Chinese warships dock in Cambodia
Two Chinese warships have docked at a commercial port in Cambodia, in preparation for joint naval exercises between the two countriesABC News - World - China -
Inside Britain’s Chinese student boom
Universities are increasingly reliant on a growing cohort. What does it mean on campus and off?Financial Times - World - China -
Nasdaq, S&P 500 Advance to Start Week
Stocks rose, with technology shares leading the way higher as the S&P 500 and Nasdaq Composite sought fresh record highs.The Wall Street Journal - World -
The WSJ Dollar Index Rises 0.2%
The WSJ Dollar Index was up 0.2% to 99.16 — snapping a three-trading-day losing streak.The Wall Street Journal - World -
Supreme Court Rejects Challenge to CFPB Funding
A decision against the agency, the Consumer Financial Protection Bureau, could have cast doubt on all of its regulations and enforcement actions.The New York Times - Top stories -
Murray beaten at ATP Challenger event in Bordeaux
Andy Murray is beaten 6-4 6-2 as he is knocked out of a clay-court ATP Challenger event in Bordeaux by Gregoire Barrere.BBC News - Top stories -
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Chinese Regulator Flags Synopsys Acquisition of Ansys
The chip software maker disclosed in a regulatory filing that China’s State Administration for Market Regulation took the position that Synopsys must have the tie-up cleared by regulators before it can go forward.The Wall Street Journal - Business -
Emery wants to turn Villa into title challengers
Aston Villa manager Unai Emery wants to turn the club into title contenders after reaching the Champions League.BBC News - Top stories -
Are the US and Chinese economies really about to start ‘decoupling’?
Experts say Biden’s tariffs on Chinese clean tech goods are not the trade-war move some fearFinancial Times - Business -
A New Challenge for Asylum Seekers: Lawyer Shortages
A record number of new migrants has left many with legitimate asylum cases unable to find a lawyer to keep them from being deported.The New York Times - Top stories -
Chinese Firms Face Authoritarianism at Home and Hostility Abroad
The experience of TikTok’s owner, ByteDance, in Beijing and Washington shows how much the ground has shifted for China’s entrepreneurs.The New York Times - Business -
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Assange wins right to challenge US extradition
It means Mr Assange can remain in the UK for now and challenge US assurances over his prospective trial.BBC News - Top stories -
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Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World -
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Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Dow rises above 40,000 for first time in history
For the first time ever on Thursday, the Dow Jones average rose about 40,000, providing new optimism about the economy. CBS News business analyst Jill Schlesinger breaks down what it means.CBS News - Top stories -
Confirmed cases from parasite outbreak rises to 46
Forty-six cases of a diarrhoea-type illness confirmed in Devon as company says it's located the source of entry for parasites.BBC News - Top stories -
Sunaks' wealth rises to £651m in latest rich list
Rishi Sunak and his wife Akshata Murty are richer than King Charles, according to The Sunday Times.BBC News - Top stories -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - Business -
3 moves to avoid as gold's price rises
Considering buying gold at today's high price? Then you'll want to avoid making these three moves.CBS News - Top stories -
As American global hegemony ends, multi-alignment rises
Unlike the rigid alliances of the Cold War, multi-alignment involves a strategic flexibility that empowers nations to navigate the complexities of a multipolar world.The Hill - Politics -
Oil Prices Rise But Stay Stuck in Narrow Range
Oil futures edged higher with the market awaiting OPEC’s next move, with three possible scenarios for the June 1 meeting—extend, unwind or completely remove the voluntary cuts of 2.2 million barrels a day.The Wall Street Journal - World -
The WSJ Dollar Index Rises 0.2% to 99.33
The WSJ Dollar Index was up 0.2% to 99.33 — up for two of the past three trading days.The Wall Street Journal - World -
It Was a Rising Star of the Far Right. Now It's a Scandal Magnet.
Accused of extremism, corruption and infiltration by Chinese spies and Russian propagandists, Germany’s AfD has been hemorrhaging support.The Wall Street Journal - World -
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US Supreme Court rejects challenge to top consumer finance agency
Case had questioned the constitutionality of financing for the Consumer Financial Protection BureauFinancial Times - Business -
"One Chip Challenge" led to Massachusetts teen's death, autopsy finds
Worcester teen Harris Wolobah died after taking part in the "One Chip Challenge" last year.CBS News - Top stories -
US defence chief Lloyd Austin to meet Chinese counterpart this month
Singapore meeting would be latest step in reopening communication lines between militariesFinancial Times - World -
Democrats cheer after Supreme Court rejects challenge to consumer bureau
Democrats and financial industry critics celebrated Wednesday after the Supreme Court rejected a challenge to the Consumer Financial Protection Bureau's (CFPB) funding structure. “The United States Supreme Court follow the law, and the CFPB is ...The Hill - Politics -
Lando Norris confident McLaren will challenge Red Bull after maiden win
Emilia Romagna Grand Prix is the first race since Miami triumph‘I think we are the third-best team behind Red Bull and Ferrari’Lando Norris returns to racing after his first Formula One win confident he and his McLaren team are in a position to ...The Guardian - World -
Warren celebrates CFPB win at Supreme Court, warns of more challenges
Sen. Elizabeth Warren (D-Mass.) celebrated the Supreme Court’s Thursday decision to reject a GOP challenge to the Consumer Financial Protection Bureau’s (CFPB) funding structure. “The United States Supreme Court followed the law, and the CFPB is ...The Hill - Politics