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World News
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Dollar Trades Flat in Absence of Major Catalysts
The dollar traded flat as moves in foreign exchange were modest in the absence of top-tier data and a continued lack of conviction on possible divergence in central bank policy outlook, MUFG said.World -
China's Youth Unemployment Eased in April
China’s youth unemployment rate declined in April, in what will likely be welcome news for Beijing as it steps up policy support for the economy.World - China -
Gold Prices Ease After Hitting Record High; Silver Jumps
Gold eased back but silver jumped, riding the coattails of the bullion’s fresh record in the previous session.World -
AstraZeneca's Revenue Target Signals Pipeline Momentum
AstraZeneca’s 2030 revenue target boosted by investment in 20 new drugs shows clear pipeline momentum, Citi said.World -
China Vanke Secures Fresh Loan
The major Chinese developer has secured a fresh loan that takes its total borrowings this month to more than US$1 billion, part of ongoing efforts to temper liquidity pressures as it seeks to finish housing projects.World - China -
Oil Falls on Concerns of Higher-for-Longer U.S. Rates
Oil prices declined as some Fed officials remain cautious on the recent easing of inflation, prompting concerns that U.S. interest rates could stay high for longer.World -
Kingfisher Maintains Outlook Despite Market Uncertainty
Kingfisher reiterated its guidance for the fiscal year after first-quarter sales fell by less than expected, but remained cautious regarding the market outlook for 2024.World -
Generali Outlook on Track After Quarterly Beat
Generali backed its financial targets after it reported better-than-expected results for the first quarter, with solid growth across all of its business.World -
GSK Sees Positive Trial Results For Potential Blockbuster Drug
GSK said two late-stage trials of an asthma drug that could have peak sales of almost $4 billion met their goals.World -
AstraZeneca Targets $80 Billion Revenue by 2030
AstraZeneca has set out a new revenue target as it aims to bolster its investment in technologies and platforms, and said it would develop 20 new medicines throughout the next six years.World -
Janus Henderson Takes Big Swing on Australian REITs
Janus Henderson is significantly overweight on Australian REITs in its fixed-interest portfolios, building positions in Dexus, GPT and Vicinity Centres because of their low gearing.World -
German 10-Year Bund Yields Seen Staying Just Above 2.50% for Now
Bunds look set to remain stuck just above the 2.5% level in 10-year yields for now, with the data calendar being light, Commerzbank Research said.World - Germany -
Trump's Social-Media Account Posts Video Referencing a 'Unified Reich'
The post on Truth Social used the term amid imaginary headlines of the former president winning re-election.World - Donald Trump -
Summit Partners Backs OneStock, an Order-Management Firm for Retailers
The $72 million investment allows Silverfleet Capital to exit and will drive the French company’s international expansion, including into the U.S.World -
Li Auto Shares Shed 19% on Weak Earnings, Tough Outlook
Shares fell sharply in Hong Kong after the Chinese hybrid-vehicle specialist unveiled weaker-than-expected earnings and guidance following a lackluster launch of its first fully-electric model.World -
Why the World's Leaders Are Getting Older
More than half the world’s population has a leader over age 70. WSJ breaks down the data on why politicians are increasingly older than their constituents—and what it means for policies and political engagement.World -
Prosecuting Netanyahu Has Risks for International Criminal Court
U.S. support for the ICC, which grew with the Ukraine investigation, is collapsing after prosecutor Karim Khan targets Israeli leaders.World -
Samsung Appoints New Chief for Chip Business
Samsung Electronics has tapped a new chief for its semiconductor arm as it looks to boost its competitiveness in the chip industry amid the artificial-intelligence boom.World -
It Was a Rising Star of the Far Right. Now It's a Scandal Magnet.
Accused of extremism, corruption and infiltration by Chinese spies and Russian propagandists, Germany’s AfD has been hemorrhaging support.World -
The Highest Paid CEOs of 2023
The chiefs of America’s biggest companies reached new pay heights in 2023 as stock awards swelled the value of compensation packages.World -
Aristocrat to Consider Sale, Spinoff of Game Developers
Australia-based slots and digital gaming company Aristocrat Leisure will consider a sale or a spinoff of two game developers that no longer fit in as well in its portfolio.World -
Tech, Media & Telecom Roundup: Market Talk
Delivery Hero, Vodafone and more in the latest Market Talks covering Technology, Media and Telecom.World -
Anglo Rejects BHP's Fresh $43 Billion Bid
The approach by the Australian mining company shows an eagerness to boost exposure to copper at a time when demand for the metal is expected to rise.World -
What's News: Business & Finance
What’s News: Business & FinanceWorld -
House Blocks Marjorie Taylor Greene's Effort to Oust Speaker Mike Johnson
Democrats step in to help save Mike Johnson from a long-shot push to remove him.World -
My Mom and Dad Owned Competing Side-by-Side Hardware Stores. It Was a Lesson in Life.
They couldn’t have been more different as business owners, so it was also an education in entrepreneurship.World -
After Landing Meadow on 'The Sopranos,' Jamie-Lynn Sigler's Other StrugglesBegan
The ‘Messy’ podcast host on developing exercise bulimia, her multiple sclerosis and how James Gandolfini came to her rescue.World -
Amazon to Invest $9 Billion in Singapore Cloud Infrastructure
The tech giant will spend $9 billion to expand its cloud services in Singapore, coming as global tech companies are boosting their data-center footprints in Asia amid a boom in demand for artificial-intelligence computing.World - Amazon -
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Pro-Palestinian protesters on college campuses received training and guidance from longtime activists and left-wing groupsWorld -
Police Arrest More Than 200 at UCLA, Break Up Protesters' Encampment
The school’s chancellor, Gene Block, says 300 pro-Palestinian demonstrators left voluntarily.World -
The Universal Music-TikTok Spat Is Over. Here's What Artists Won.
The deal comes after their prior licensing contract expired, prompting Universal to pull all of its artists’ songs off TikTok at the beginning of February.World -
ING Continues Buybacks to Boost Captial Ratio
ING shares rose after the Dutch lender said it plans to buy back up to €2.5 billion of shares and reported a first-quarter profit driven by income from fees and interest rates.World -
Blinken Begins High-Stakes Middle East Trip Aimed at Gaza Cease-Fire
Washington hopes to delay an Israeli invasion of Rafah as protests rile U.S. campuses and Israel’s isolation deepens.World -
Why China Keeps Making More Cars Than It Needs
Despite overcapacity, government officials keep supporting automakers, unleashing “new productive forces” and adding to trade tensions.World - China -
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How billions in dirty money winds through the world's biggest airports each yearWorld -
Biden Administration Drops Plan to Ban Menthol Cigarettes
The administration is reversing course on its plan after the White House weighed the potential public-health benefits of banning minty smokes against the political risk of angering Black voters.World - Joe Biden -
Remy Cointreau Lifted by China Improvement
Remy Cointreau posted fourth-quarter sales slightly ahead of views, as it saw a better-than-expected performance in China, but continued to destock in the U.S.World - China -
Anglo Rejects BHP's $39 Billion Bid
The U.K.-listed mining giant’s chairman said BHP’s proposal undervalues the company and is unattractive for its shareholders.World -
STMicroelectronics Cuts Sales Outlook as Demand Slows
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sector slowed.World -
How TikTok Rivals Stand to Benefit From U.S. Ban
Billions of dollars in ad revenue—and many highly engaged users—hang in the balance after President Biden signed a bill forcing app sale.World - Tiktok