World Bank Warning Global Economy Is at Risk of Recession
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Apollo Global to Buy U.S. Silica in $1.85 Billion Deal
U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.The Wall Street Journal - World -
Apollo Global to Buy U.S. Silica in $1.85 Billion Deal
U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.The Wall Street Journal - World -
US no longer viewed as most influential global power in Africa: Survey
The United States is no longer viewed as the most influential global power in Africa, having been surpassed by China in a new survey from Gallup. The survey found that median approval ratings of the U.S. slipped from 59 percent in 2022 to 56 ...The Hill - Politics -
Apollo Global to Buy U.S. Silica in $1.85 Billion Deal
U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.The Wall Street Journal - Business -
Paramount Global CEO Bob Bakish expected to leave the company
Paramount Global's Chief Executive Bob Bakish is expected to be ousted from the media giant, according to two sources familiar with the matter. The move comes as Paramount considers its future.Los Angeles Times - Entertainment -
Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp.MarketWatch - Business -
Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Top stories -
Republic First Bank closes, first FDIC-insured bank to fail in 2024
Regulators have closed Republic First Bank's 32 branches in Pennsylvania, New Jersey and New York and they will be taken over by Fulton Bank.CBS News - Politics -
Egypt warns of 'catastrophic consequences' as Rafah offensive looms
Yahoo News - World -
New Energizer Battery Warns Parents if Their Child Has Swallowed It
The new battery by Energizer, with “color alert technology,” comes nearly two years after a report warned that more children were swallowing batteries.The New York Times - Business -
DeSantis warns of potential expulsion for student protesters in Florida
Florida Gov. Ron DeSantis (R) is warning college students in his state that they could be expelled if they engage in unsanctioned protests on campuses. “At places like Columbia and Yale, Hamas protesters rule the roost, and the universities are ...The Hill - Politics - Florida -
Foreign states targeting UK universities, MI5 warns
Senior figures from leading institutions are warned of risks to some of their cutting-edge research.BBC News - Top stories - United Kingdom -
Antony Blinken meets with China's President Xi as US, China spar over bilateral and global issues
U.S. Secretary of State Antony Blinken has met with Chinese President Xi Jinping and senior Chinese officials in BeijingABC News - World - China -
China warns US not to step on its 'red lines'
US Secretary of State Antony Blinken is in China in an attempt to put relations on an even keel.BBC News - Top stories - China -
Chinese regulators warn against SVB-style meltdown
Regional banks have been piling into long-dated sovereign bonds since JanuaryFinancial Times - World - China -
Chinese regulators warn against SVB-style meltdown
Regional banks have been piling into long-dated sovereign bonds since JanuaryFinancial Times - Business - China -
Scotland worst in world for boys smoking cannabis - report
Nearly a quarter of boys aged 15 in Scotland said they had tried the Class B drug at some point.BBC News - Top stories -
Despite the Watch World’s Secrecy, Data Services Expand
Swiss brands and retailers now have a few options to determine what’s happening with the industry. Just a couple of years ago, they had almost none.The New York Times - Lifestyle -
'Boy Kills World' Review: Murderer on Mute
Bill Skarsgård plays the silent survivor of a family massacre who is out for revenge in this violently comic saga.The Wall Street Journal - World -
Generative A.I. Arrives in the Gene Editing World of CRISPR
Much as ChatGPT generates poetry, a new A.I. system devises blueprints for microscopic mechanisms that can edit your DNA.The New York Times - Tech -
The World's Biggest Election Is Also Its Hottest
As India’s elections get under way, candidates will need to beat something more perilous than their political rivals—the extreme heat.The Wall Street Journal - World -
NewJeans: The controversy shaking the K-pop world
The infighting between K-pop powerhouse Hybe and its label Ador has put fans on edge.BBC News - Top stories -
World's biggest 3D printer whirs into action
It's hoped giant device will be able to print homes, bridges, boats and wind turbines.BBC News - Top stories -
Pro-Palestinian protests spread across U.S., world
Clashes between police and pro-Palestinian protesters across the U.S. are heating up as colleges grapple with campus safety concerns. CBS News correspondent Lilia Luciano has more on how Columbia University leadership seeks to resolve manifestations.CBS News - Top stories -
Justin Trudeau May Be No Match for the New World of Polarization
Prime Minister Justin Trudeau of Canada and his Liberal Party are facing increasing unpopularity in an era of right-wing ascendancy.The New York Times - Top stories -
World Central Kitchen to resume food aid in Gaza
The aid organisation had stopped distributing food in Gaza after an Israeli strike killed seven workers.BBC News - Top stories -
Generative A.I. Arrives in the Gene Editing World of CRISPR
Much as ChatGPT generates poetry, a new A.I. system devises blueprints for microscopic mechanisms that can edit your DNA.The New York Times - Tech -
GDP set to top 2% again, extending hot streak for U.S. economy
The U.S. economy appears to have grown by 2% or more for the seventh quarter in a row in the first three months of 2024 — but a wider trade deficit could throw up a roadblock.MarketWatch - Business -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
Meet the weavers, knitters and designers recharging Ireland’s luxe economy
The country used to export its big names. Now they’re staying homeFinancial Times - World -
US economy grew less than expected in first quarter at 1.6% rate
Previous indicators of robust growth have set back expectations of Fed rate cuts and wrongfooted marketsFinancial Times - World -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.The New York Times - Business -
Singapore Economy Likely to Strengthen This Year, But Faces Long-Term Pressures
Singapore’s central bank said growth could be driven by the global electronics upturn, which is broadening beyond semiconductors and is fueling growth in Asia’s emerging markets.The Wall Street Journal - World -
China's middle-class sees decrease in confidence as economy faces slowdown
NBC News' Janis Mackey Frayer speaks with a 39-year-old Beijing resident who is navigating being laid off from an internet company while the middle-class in China decreases.NBC News - Top stories - China -
North Korea’s Kim seeks to build on Russia ties to resuscitate economy
Pyongyang mobilises army to increase industrial capacity in battered regionsFinancial Times - World - North Korea -
North Korea’s Kim seeks to build on Russia ties to resuscitate economy
Pyongyang mobilises army to increase industrial capacity in battered regionsFinancial Times - Business - North Korea -
Naming and shaming banks is a regulatory insight too far
The Financial Conduct Authority already has deterrence tools at its disposalFinancial Times - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe