World Bank Warning Global Economy Is at Risk of Recession
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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 -
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 -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Harvey Weinstein’s rape conviction in New York overturned on appeal
State appeals court found mistakes in prosecution of former film mogul that gave momentum to #MeToo movementFinancial Times - Business - New York -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Regulators Seize Troubled Philadelphia Bank, Republic First
The bank had some of the same problems as the ones that failed in 2023.The Wall Street Journal - World -
Regulators Seize Republic First, a Troubled Philadelphia Bank
The relatively small bank, the first to fail this year, will have its deposits assumed by another Pennsylvania lender, Fulton Bank.The New York Times - Business -
Capital levels are a poor predictor of bank failure
Regulators should be embracing much more sophisticated measures of lenders’ healthFinancial Times - Business -
Ministers of Germany, Brazil, South Africa and Spain: why we need a global tax on billionaires
Finance chiefs say higher taxes for the super-rich are key to battling global inequality and climate crisis. Billionaires should pay minimum 2% wealth tax, say G20 ministersWhen the governors of the World Bank and the International Monetary Fund ...The Guardian - World -
French president will outline his vision for Europe as an assertive global power amid war in Ukraine
Yahoo News - World - Ukraine -
French president will outline his vision for Europe as an assertive global power amid war in Ukraine
French President Emmanuel Macron is expected to outline his vision for Europe to become a more assertive global power at the backdrop of war in Ukraine and other security and economic challenges in a speech on Thursday, ahead of pivotal European ...ABC News - World - Ukraine -
Global battery rollout doubled last year – but needs to be six times faster, says IEA
Energy watchdog warns pace must accelerate to hit targets after new batteries increased capacity by 130%. The rollout of batteries across the global electricity industry more than doubled last year but will need to be six times faster if the world ...The Guardian - World -
Paramount Global's board is considering replacing CEO Bob Bakish, according to people familiar with the situation.
Paramount Global’s board is considering replacing CEO Bob Bakish, according to people familiar with the situation.The Wall Street Journal - World -
‘Dismissing global warming? That was a joke’: Jeremy Clarkson on fury, farming and why he’s a changed man
The former Top Gear presenter claims his controversialist persona was just a caricature, and he’s really a reformed character living the good life. But do old habits die hard?. “Are you happy?” I ask Jeremy Clarkson. A few times on Clarkson’s ...The Guardian - World -
McConnell says the world is ‘more dangerous now than before World War II’: Full interview
Senate Minority Leader Mitch McConnell (R-Ky.) joins Meet the Press to discuss aid to Ukraine, abortion, Donald Trump and the future of the Republican Party.NBC News - Politics -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New YorkABC News - Top stories -
Hearn sends Crucible warning as Ronnie O’Sullivan races into first-round lead
Barry Hearn warns Sheffield over upgrading worlds venueO’Sullivan takes 8-1 lead over Jackson Page in opening matchOn the day that Barry Hearn warned that Sheffield’s days of staging the World Snooker Championship could be numbered, Ronnie ...The Guardian - World -
US TikTok ban would be 'devastating', UK firms warn
UK businesses using TikTok say they could see a significant drop in sales if the app is banned in the US.BBC News - Top stories - United Kingdom -
Warning SEN children face 'cliff edge' after school
Caleb White is one of many children who face a 'bleak' future when they leave school, says his mum.BBC News - Top stories -
China warns Blinken US must choose between ‘co-operation or confrontation’
Secretary of state expected to demand Beijing cease support for Russia’s war in UkraineFinancial Times - World - China -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
China warns Blinken US must choose between ‘co-operation or confrontation’
Secretary of state expected to demand Beijing cease support for Russia’s war in UkraineFinancial Times - Business - China -
Manchester City fire title warning with Phil Foden on song against Brighton
Almost 10 years to the day, Steven Gerrard slipped, Liverpool lost control of their destiny in terms of the Premier League title race and Manchester City nipped in to win it.. The talk in recent weeks and certainly since Arsenal and Liverpool lost ...The Guardian - World -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - World - China -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - Business - China -
New EU nature law will fail without farmers, scientists warn
Open letter calls for green policies that empower farmers, after months of protests jeopardise future of flagship biodiversity deal. The EU’s nature restoration law will only work if it is enacted in partnership with farmers, a group of leading ...The Guardian - World - European Union -
China warns U.S. of 'downward spiral' as Antony Blinken meets with Xi Jinping
Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday as he wrapped up a three-day visit to China.NBC News - Top stories - China -
Blinken says he challenged China's Xi on Russia war support
America's top diplomat and the Chinese president have held talks in Beijing as both sides seek to stabilise relations.BBC News - Top stories - China -
Zelensky warns of new Chernobyl disaster as Ukraine marks anniversary
Yahoo News - World - Ukraine -
China warns U.S. of 'downward spiral' as Antony Blinken meets with Xi Jinping
Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday as he wrapped up a three-day visit to China.NBC News - Politics - China -
In Japan, Bear Attacks Surge as Authorities Warn Hikers Away
Yahoo News - World -
US stocks rally could falter in face of strong dollar, warn analysts
Wall Street equities have recently bucked historical trend of moving inversely to greenbackFinancial Times - 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