India Risks Squandering Demographic Dividend Says World Bank
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Risk of famine still present in Gaza, says World Health Organization
Yahoo News - World -
Private equity firms step up plans to edge banks out of low-risk lending
Apollo issues record $40bn of loans in the first quarter, mirroring growth at rivals including KKR and BlackstoneFinancial Times - Business -
The Latest | Israel's planned invasion of Rafah risks killing hundreds of thousands, UN says
The United Nations humanitarian aid agency says hundreds of thousands of people would be “at imminent risk of death” if Israel carries out a military assault in the southern Gaza city of RafahABC News - World - Israel -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Bank holiday weather: Will it be warm or wet?
It's been warming up this week but could rain spoil your plans for the long weekend?BBC News - Top stories -
Press Freedom Is Under Attack in Much of World, U.N. Ambassador Says
The detention of WSJ reporter Evan Gershkovich is called an example of increasing hostility toward an independent press.The Wall Street Journal - World -
Parts of Gaza Are in Famine, World Food Program Chief Says
The remarks by Cindy McCain do not constitute an official declaration of famine, but she said the assessment was based on “what we have seen” on the ground.The New York Times - World -
Here’s how much Buffett’s Berkshire Hathaway could make from Apple’s dividend hike
Apple said it will increase its cash dividend by 4%, which is good news for Warren Buffett’s company.MarketWatch - Business -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Cryptofinance: Stablecoins encroach on shadow banking system
Plus, CZ gets four months and outflows from bitcoin ETFsFinancial Times - World - Crypto -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - Business -
Yellen Calls Threats to Democracy Risks to U.S. Economic Growth
In a rare comment on politics--and an indirect swipe at former President Donald Trump--the Treasury Secretary says "democracy is critical to building and sustaining a strong economy."Inc. - Business -
Gas Stove Pollution Risk Is Greatest in Smaller Homes, Study Finds
Gas-burning ranges, a significant contributor to indoor pollution, can produce and spread particularly high levels of some pollutants in smaller spaces.The New York Times - World -
SocGen defends risk controls after unauthorised trading incident
French bank reports smaller than expected drop in profit after strong performance in equities tradingFinancial Times - Business -
‘Full-blown famine’ in northern Gaza, says World Food Programme executive director Cindy McCain
Cindy McCain, executive director of the World Food Programme, tells Kristen Welker there is a “full-blown famine” in northern Gaza, based on her organization’s observations.NBC News - Politics -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
‘I decided to not let anybody silence my voice’: the journalists in exile but still at risk
Threats from the state have led many journalists across the world to flee their home countries to report from elsewhere. But for many the intimidation did not stop when they left. Illustrations by Joe McKendry. Fardad Farahzad, journalist, Iran ...The Guardian - World -
Oil prices log worst week since February as concerns over Middle East supply risks fade
Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S. production and signs of slowing demand prompting prices to register their largest weekly percentage loss since early February.MarketWatch - Business -
The UN warns Sudan's warring parties that Darfur risks starvation and death if aid isn't allowed in
Yahoo News - World -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Inside US airport terminals, banks are merging elite travel clubs with branch offices
Airport terminal bank branches with airline club amenities are growing as financial brands seek to catch the attention of travelers and remote workers.CNBC - Business -
The CEO Who Hired His Wife, Gave His Dog a Title, and Brought Down a Bank
Vernon Hill, the builder of Commerce Bank and Metro Bank, was also behind toppled Republic First.The Wall Street Journal - World -
Cool solution: how ice-cream saved drought-hit farmers in India
As the climate crisis forces people to abandon their land in Rajasthan, a new industry has sprung up in the desert state, with thousands of gaily decorated vans setting off to sell ice-cream across the country. The parched villages of Gangapur in ...The Guardian - World - India -
Rahul Gandhi to Contest Key Seat in Uttar Pradesh in India Polls
Yahoo News - World - India -
Arrests made in killing of Sikh separatist that caused diplomatic spat with India
Canadian police say they arrested three suspects in the slaying of a Sikh separatist leader last June that became the center of a diplomatic spat with India, and are investigating possible ties between the detainees and the Indian governmentABC News - World -
Canada arrests 3 in killing of Sikh separatist that caused diplomatic spat with India
Yahoo News - World -
What We Know About a Sikh’s Death and Canada’s Claims Against India
Three Indian nationals have been charged in the brazen killing of a separatist leader in British Columbia. The case strained already-tense ties between the two nations.The New York Times - Top stories - India -
India opposition social media chief arrested over doctored video
Congress party’s Arun Reddy held over fake video of interior minister Amit Shah. Indian police have said they have arrested the social media chief of the country’s main opposition party over a doctored video widely shared during the ongoing ...The Guardian - World - India -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World