Month: May 2025
European markets mixed, Erste Group Bank rises 7% after acquiring stake in Santander’s Polish unit
On the trading floor of the Frankfurt Stock Exchange, traders watch their monitors in front of the display board showing the Dax curve on April 9, 2025. Arne Dedert | Picture Alliance | Getty Images European bourses had a mixed start to the week on Monday, with U.K. markets closed for a bank holiday, as […]
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Malaysia PM sees possible reduction in U.S. tariffs, but growth to miss target
Malaysia will actively build trade relations with other countries, such as China, Russia and Brazil, instead of waiting for the impact of potential U.S. trade tariffs, Prime Minister Anwar Ibrahim said on Tuesday. Sean Gallup | Getty Images News | Getty Images There is a possibility that Malaysia can negotiate a reduction in threatened U.S. tariffs as Washington has agreed to further […]
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China risks a spiral into deeper deflation as it diverts U.S.-bound exports to domestic market
SHENZHEN, CHINA – APRIL 12: A woman checks her smartphone while walking past a busy intersection in front of a Sam’s Club membership store and a McDonald’s restaurant on April 12, 2025 in Shenzhen, China. Cheng Xin | Getty Images News As sky-high tariffs kill U.S. orders for Chinese goods, the country has been striving […]
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AI may ‘exacerbate inequality’ at work. Here’s how experts think companies should address that
The rise of AI can cause both “utopian” and “dystopian” effects in the future, says AI expert Pedro Uria-Recio. Mtstock Studio | E+ | Getty Images Workplace leaders are grappling with balancing between prioritizing people and profit making amid the rapid rise of artificial intelligence. Companies have a responsibility to protect jobs as the AI […]
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Trump announces 100% tariff for movies produced outside U.S.
The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images U.S. President Donald Trump announced Sunday a 100% tariff on movies produced outside of the United States, saying the U.S. movie industry was dying a “very fast death” due to the incentives that other countries were offering to draw American filmmakers. “This […]
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Australian markets set to rally after Prime Minister Albanese’s reelection; most Asian markets closed for holiday
Waterfront city skyline of Sydney city downtown at night with bright illumination of modern architectural landmarks in Sydney, Australia. Prasit Photo | Moment | Getty Images Australian markets were set to rally Monday following Prime Minister Anthony Albanese’s reelection for a second term, while most Asian markets were closed for a holiday. He is the […]
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Stock futures inch lower after S&P 500 notches best winning streak in 20 years: Live updates
Traders work on the floor of the New York Stock Exchange on April 29, 2025. NYSE U.S. stock futures ticked down Sunday night as Wall Street comes off a winning week, with the S&P 500 logging its longest positive streak in two decades. Futures tied to the S&P 500 fell 0.3%. Dow Jones Industrial Average […]
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U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June
Logo of the Organization of the Petroleum Exporting Countries (OPEC) Andrey Rudakov | Bloomberg | Getty Images U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month. U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent […]
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NPR and PBS CEOs say they’ll challenge Trump administration over federal funding cuts
A sign for the Public Broadcasting Service (PBS) is seen on its building headquarters on Feb. 18, 2025 in Arlington, Virginia. Kayla Bartkowski | Getty Images The CEOs of NPR and PBS said they’re looking into options to challenge the Trump administration following the president’s executive order to cut off public funding to the news […]
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Planned bombing at Lady Gaga’s Rio de Janiero show thwarted, police say
People gather to attend Lady Gaga’s open concert, in Copacabana beach in Rio de Janeiro, Brazil, on May 3, 2025. Pilar Olivares | Reuters A planned bombing at a Lady Gaga concert in Brazil on Saturday night was foiled and a person is in custody in connection to the failed plot, Brazilian authorities said. Unidentified […]
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