European Markets Follow Asia Lower on Rising Geopolitical Tensions
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SPDR Gold Rises Following Fed Decision
Gold futures were up 0.8% in late trading, after settling up 0.4% — the fourth time out of the past five sessions they’ve risen.The Wall Street Journal - World - Federal Reserve -
Viking shares rise 8% after cruise line operator's market debut
The company's initial public offering coincides with a strong rebound in cruise bookings.CNBC - Business -
Oil prices ends lower as weekly U.S. crude supplies rise by over 7 million barrels
Oil futures fell for a third straight session on Wednesday, settling at their lowest level since mid-March, after official U.S. data revealed an unexpected weekly rise of more than 7 million barrels in domestic crude inventories.MarketWatch - Business -
Carlsberg Buoyed by Growth in Asia
Carlsberg launched a new $144 million share buyback and maintained its full-year guidance after seeing strong growth in its premium drinks, driven by key markets in Asia.The Wall Street Journal - Business -
Oil Extends Losses on U.S. Inflation Concerns
Oil prices were down more than 1% in Europe after the latest U.S. economic data further dented hopes the Federal Reserve could start cutting interest rates anytime soon.The Wall Street Journal - World -
On global stage, 'RuPaul's Drag Race' Taiwanese winner says the word China hates
Taiwan is celebrating the latest winner of 'RuPaul's Drag Race,' Nymphia Wind, after she called the island a country.Los Angeles Times - Entertainment - China -
Microsoft CEO to Visit Southeast Asia With AI on Agenda
Satya Nadella will meet officials in Indonesia, Thailand and Malaysia next week, as the tech titan is betting on generative AI for long-term growth.The Wall Street Journal - Tech - Microsoft -
US losing ground to Russia in geopolitical battle over Africa
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story US losing ground to Russia in geopolitical battle over Africa The expected withdrawal of U.S. forces from Niger will ...The Hill - Politics - Russia -
European carmakers struggle with falling demand
Industry faces headwinds including price wars and higher interest rates that have put off consumersFinancial Times - Business - Europe -
The Stock Market Could Be Calmer
The Fed’s interference creates volatility and raises capital costs.The Wall Street Journal - World -
The Dangerous Rise of GPS Attacks
Thousands of planes and ships are facing GPS jamming and spoofing. Experts warn these attacks could potentially impact critical infrastructure, communication networks, and more.Wired - Tech -
Elder fraud on the rise in the U.S.
Scams targeting people over 60 are on the rise in the U.S., with $3.4 billion being stolen just last year, according to a new FBI report. Nicole Sganga has the details.CBS News - Top stories -
The European Union is investigating Meta’s election policies
Yahoo News - World -
European Carmakers Disappoint in Sluggish Start to Year
Volkswagen, Stellantis and Mercedes-Benz each said revenue and earnings fell in the first quarter, but pointed to growing pains that will generate gains from new and upgraded models later this year.The Wall Street Journal - Business - Europe -
Why European elections matter and how they work
Some 400 million voters can take part in the 6-9 June vote across the EU's 27 countries.BBC News - Top stories -
U.S. Natural Gas Futures Settle Lower
U.S. natural gas futures were unable to hold early gains fueled by reports of higher LNG feedgas flows, and the June contract settles down 1.9%.The Wall Street Journal - World -
Milei scores legislative victories in Argentina’s lower house
Tax and state reform bills will face tough challenge in the senate as libertarian president seeks to advance his agendaFinancial Times - Business - Argentina -
Milei scores legislative victories in Argentina’s lower house
Tax and state reform bills will face tough challenge in senate as libertarian president seeks to advance his agendaFinancial Times - World - Argentina -
The insect farmers turning to AI to help lower costs
Makers of insect-based animal feed hope to be able to compete with soybeans on price.BBC News - Top stories -
Basic Materials Roundup: Market Talk
Glencore, BHP and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Health Care Roundup: Market Talk
Read about GSK and Haleon in the latest Market Talks covering the Health Care sector.The Wall Street Journal - World -
How Markets Are Reacting---in Five Charts
Take a look at how various assets are performing after the release of the Federal Reserve’s May policy decision: U.S. stocks, the 10-year Treasury yield, Brent crude, gold and the U.S. dollar.The Wall Street Journal - World -
Clariant Confirms Outlook as Profits Rise
Clariant reiterated its full-year outlook after it reported an improved earnings margin in the first quarter, helped by lower raw material prices and a strong performance at its aviation business.The Wall Street Journal - Business -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
Haleon Keeps Outlook as Profits Rise
Haleon reported a 2% rise in underlying profits for the first quarter despite lower revenue, and maintained its full-year guidance and buyback plan.The Wall Street Journal - World -
Oil Rises in Likely Technical Rebound
Oil prices were higher in early Asian trade in likely technical rebound after recent weakness and the Fed’s less-then-expected hawkish remarks.The Wall Street Journal - World -
Europeans have more time, Americans more money. Which is better?
Life expectancy, happiness, sustainability and innovation among factors shaping work attitudesFinancial Times - Business -
BBVA/Sabadell offers a test case for more European bank consolidation
Nearly three-quarters of the larger lender’s revenues come from outside SpainFinancial Times - Business -
Italy's League party picks a provocative candidate for European Parliament election
Italy's League, a junior party in the government, is putting forward a provocative candidate for European Party electionsABC News - World -
BBVA/Sabadell offers a test case for more European bank consolidation
Nearly three-quarters of the larger lender’s revenues come from outside SpainFinancial Times - World -
Europeans have more time, Americans more money. Which is better?
Life expectancy, happiness, sustainability and innovation among factors shaping work attitudesFinancial Times - Business -
BBVA/Sabadell offers a test case for more European bank consolidation
Nearly three-quarters of the larger lender’s revenues come from outside SpainFinancial Times - World -
BBVA/Sabadell offers a test case for more European bank consolidation
Nearly three-quarters of the larger lender’s revenues come from outside SpainFinancial Times - World -
Station to station: the European language DJs taking radio to new realms
Cian Ó Cíobháin’s show, ‘one of the most radical in the world’, has been beguiling listeners in Irish for 25 years. Others, from Warsaw to Lyon, offer similar musical adventures. In the early 2000s, trudging through the static of mainstream radio, ...The Guardian - World -
Mercedes-Benz Posts Profit Beat Despite Lower Car Sales
Mercedes-Benz reported lower profit and revenue for the first quarter fell on fewer cars sales and supply-chain bottlenecks but confirmed its guidance for the year.The Wall Street Journal - Business -
Biden administration plans to reclassify marijuana as lower-risk drug
Drug Enforcement Administration seeking to downgrade cannabis from top category to Schedule III, but still short of legalization. The US Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated ...The Guardian - World - Joe Biden -
Argentina president’s scaled-down economic package wins approval in lower house
Argentina President Javier Milei’s scaled-back package of reform measures designed to turn around an economy with the highest rate of inflation in the world won approval from in the lower-house of congress.MarketWatch - Business -
Milei Reforms Head to Argentina Senate as Lower House Signs Off
Yahoo News - World -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business