Business News - The Last 24 Hours

Oil on track for weekly loss over demand concerns
FOX Business - 1 hour 31 min ago
Oil looked set for a weekly loss on Friday after prices retreated Thursday amid concerns that inflation will stay higher for longer and hamper demand.
RELATED:
CNBC - Oil prices bounce back from three-month lows, but still heading for weekly loss - 7 hours 49 min ago
COMMENTARY:
The Hindu - Volatile oil prices pose a risk, but farm sector rebound will firewall India: FinMin - 6 hours 31 min ago
Indiatimes - What is OPEC+ and how does it affect oil prices? - 12 hours 7 min ago



Global Life Expectancy Dropped By 2 Years Due To Covid: WHO
NDTV - 2 hours 11 min ago
Covid-19 cut global life expectancy by almost two years when it raged from 2019 to 2021, wiping out a decade of progress, the World Health Organization said Friday. "The Covid-19 pandemic reversed the trend of steady gain in life expectancy at birth and healthy life expectancy at birth," the UN health agency said. Global life expectancy fell 1.8 years to 71.4 years, the same level as it was in 2012, according to a WHO annual world health statistics study. The amount of time the average ...
COMMENTARY:
Indiatimes - Covid pandemic cut global life expectancy by nearly two years, says WHO - 4 hours 49 sec ago
Russia Today - Covid killed nearly 13 million in two years – WHO - 4 hours 53 min ago



US Sends $275 Million Of Military Aid To Ukraine
NDTV - 2 hours 59 min ago
The United States on Friday announced a fresh tranche of military aid for Ukraine, including ammunition, missiles, mines and artillery rounds as Russia presses its assault on the Kharkiv region. Ukraine has been battling back in Kharkiv since May 10, when thousands of Moscow's troops stormed the border, making their biggest territorial advances in 18 months. "The United States is announcing today a significant new drawdown of weapons and equipment for Ukraine to support the brave Ukrainian ...
RELATED:
Deutsche Welle - Ukraine updates: Russia 'bogged down' on border, Kyiv says - 11 hours 39 min ago
NDTV - Russian Schoolboys Receive Military Training Amid Ukraine War - 13 hours 17 min ago
COMMENTARY:
SCMP - China and Brazil jointly urge Ukraine war de-escalation, propose ‘international peace conference’ - 2 hours 26 min ago
BusinessInsider - Russia's pulling combat forces from another continent to fuel its latest offensive push in Ukraine, Western intel says - 4 hours 28 min ago
The Independent - Blinken will head to eastern Europe as concerns mount about Ukraine, Moldova and Georgia - 4 hours 52 min ago
Indiatimes - World Bank chief Ajay Banga open to managing G7 loan to Ukraine - 7 hours 31 min ago
Russia Today - Boris Johnson pictured holding Ukrainian neo-Nazi banner (PHOTO) - 8 hours 35 min ago
Wall Street Journal - U.S., Europe Near Deal on Novel Funding Plan for Ukraine - 10 hours 26 min ago
New York Times - Russia Is Increasingly Blocking Ukraine’s Starlink Service - 17 hours 42 min ago



NATO Members Bordering Russia To Build "Drone Wall" For Defence: Lithuania
NDTV - 4 hours 8 min ago
Lithuania said Friday that the Baltic state and five other NATO members neighbouring Russia had agreed to build a "drone wall" to defend their borders from "provocations". The plan to use unmanned aerial vehicles for protection was agreed because of security concerns in the region amid Russia's war in Ukraine. Interior Minister Agne Bilotaite announced the plan after talks with her counterparts from fellow Baltic states Estonia and Latvia, as well as Finland, Norway and Poland. "This is ...
RELATED:
Associated Press - Why are top Russian military officials being arrested? - The Associated Press - 9 hours 16 min ago
NDTV - Russian Prison Population Dropped By Nearly 60,000 In 2023: Report - 12 hours 13 min ago
Deutsche Welle - Estonia says Russian guards removed navigation buoys on border - 23 hours 51 min ago
COMMENTARY:
Russia Today - G7 ministers to release roadmap for using frozen Russian assets - 1 hour 26 min ago
SCMP - Bali police busted a drug lab run by Russians, Ukrainians. Should Indonesia execute tourists who commit serious drug crimes? - 13 hours 27 min ago
Indiatimes - Top Russian military officials are being arrested. Why is it happening? - 14 hours 55 min ago
The Independent - Why are top Russian military officials being arrested - 17 hours 15 min ago



Explained: What Are FLiRT Covid Variants, Are They More Dangerous?
NDTV - 4 hours 14 min ago
The so-called FLiRT variants of SARS-CoV-2 coronavirus that cause COVID-19 have been the dominant forms of the virus circulating this year globally, according to the World Health Organization The moniker FLiRT is an acronym for the locations of the mutations the variants share on the virus' spike protein. One of them, called KP.2, has become the most commonly circulating variant in the United States over the past month, according to the U.S. Centers for Disease Control and Prevention. ...
RELATED:
CNBC - FLiRT variants may lead to a Covid surge this summer: 7 ways to boost your immune system - 10 hours 27 min ago
COMMENTARY:
SCMP - Hong Kong doctors must be ‘vigilant against upsurge’ of whooping cough cases after Covid-19: authorities - 8 hours 20 min ago
Indiatimes - FLiRT variants of COVID-19 'dominate' globally, sparking worries over immune evasion - 12 hours 22 min ago



Boeing, NASA say Starliner astronaut launch will move forward despite spacecraft helium leak
CNBC - 5 hours 22 min ago
Boeing and NASA are moving forward with a June 1 launch attempt of the first crewed Starliner mission despite a "stable" leak in its propulsion system.
RELATED:
NDTV - Boeing Slams Report Claiming Flaw In Planes Could Cause Explosion - 11 hours 43 min ago
COMMENTARY:
BusinessInsider - Boeing says its spacecraft is leaking, but it's still safe to launch US astronauts next week - 2 hours 19 min ago
Russia Today - Boeing’s first crewed spaceflight to take off despite defect - 2 hours 38 min ago
New York Times - NASA Astronauts to Wait Another Week for Boeing Starliner Launch - 3 hours 31 min ago
Wall Street Journal - Today's Logistics Report: Rock's Sustainable Trucking Journey; Boeing's Costly Supply Chain Woes - 10 hours 39 min ago
SCMP - Boeing mishaps, Singapore Airlines turbulence spark flight safety jitters - 21 hours 14 min ago



Frontier Airlines says its facing 'widespread abuse' of wheelchair service
FOX Business - 5 hours 36 min ago
Frontier Airlines said a growing number of passengers are requesting the use of wheelchairs in order to get priority board but who otherwise don't need them.
RELATED:
BBC - Welshman tried to save Singapore Airlines victim - 9 hours 33 min ago
CNBC - Singapore Airlines tweaks its in-flight seatbelt sign policies after fatal incident - 10 hours 30 min ago
NDTV - Singapore Airlines Tightens Seatbelt Rules After Fatal Turbulence - 12 hours 57 sec ago
COMMENTARY:
Indiatimes - Singapore Airlines tragedy: Will it change seatbelt rules? Airlines to review many guidelines - 2 hours 23 min ago
BusinessInsider - Singapore Airlines made a smart move after deadly turbulence - 4 hours 17 min ago
The Straits Times - Competition watchdog clears ANA’s proposed acquisition of Nippon Cargo Airlines - 10 hours 16 min ago
SCMP - Singapore Airlines turbulence: investigators analyse recorders from SQ321 flight - 10 hours 29 min ago
The Guardian - Singapore Airlines tightens seatbelt rules after turbulence flight death - 12 hours 25 min ago
AllAfrica - Nigeria: Turkish Airlines to Resume Airlifting of Stranded Nigerian Passengers, As NCAA Wades in - 16 hours 32 min ago



Why groceries are so expensive — and how consumers may start to see relief
CNBC - 5 hours 51 min ago
To save money on groceries now, experts say consumers may have to change their shopping habits. That may mean seeking out cheap grocery stores.
COMMENTARY:
New York Times - Ampla, a Lender to Consumer Brands, Faces Financial Struggles - 13 hours 24 min ago
Wall Street Journal - The Justice Department lawsuit against Live Nation tees up a legal battle with the potential to redistribute power in the live-events business and change how consumers buy tickets to concerts and sporting events. - 18 hours 26 min ago
The Straits Times - UK consumer confidence extends recovery after inflation drops - 20 hours 47 min ago



At SCO Meet, India Says No Place For "Double Standards" On Terrorism
NDTV - 6 hours 15 min ago
Stating that connectivity is crucial for the progress of any region, India said that it is essential to uphold the basic principles of the Shanghai Cooperation Organisation (SCO) charter and respect the sovereignty and territorial integrity of the member states. Reiterating its strong stand against terrorism, India also stressed that the SCO member states must unite in the fight against terrorism and there should be no place for "double standards." MEA Secretary (Economic Relations) Dammu ...
RELATED:
Deutsche Welle - India: AI-driven political messaging raises ethical dilemma - 10 hours 10 min ago
Reuters - Indian cenbank's FX strategy leans on NDF intervention to safeguard reserves, say sources - Reuters India - 17 hours 39 min ago
CNBC - JPMorgan sees Japan and India as bright spots in Asia's 'supremely interesting' equity and M&A markets - 19 hours 17 min ago
COMMENTARY:
Indiatimes - India Inc nudges Delhiites to brave the heat and vote in sixth phase of Lok Sabha polls - 3 hours 3 min ago



Tesla CEO Elon Musk says he opposes EV tax incentives, tariffs on Chinese EVs
FOX Business - 6 hours 25 min ago
Tesla CEO Elon Musk said Thursday that the Biden administration's tariffs on Chinese electric vehicles were not necessary in order for his company to remain competitive.
RELATED:
FOX Business - California testing car tracking as possible gas tax replacement - 12 hours 27 min ago
COMMENTARY:
Indiatimes - No vote-bank threat, less capital-flight risk from wealth tax: Nitin Kumar Bharti - 3 hours 45 min ago



Biden's gasoline sale likely won't have a major impact on summer pump prices
CNBC - 7 hours 17 min ago
The Energy Department's move to sell 1 million barrels of gasoline from the Northeast Gasoline Supply Reserve may not provide much relief at the pump.
RELATED:
Associated Press - Source work and collaboration put AP out front on Biden changes in closely watched immigration policy | The ... - Ap.org - 7 hours 42 min ago
FOX Business - How it Started... How it's Going: Fast-food prices soar under Biden - 10 hours 41 min ago
NDTV - Joe Biden's Campaign Is Hiring A Meme Manager To Boost Online Presence - 16 hours 33 min ago
COMMENTARY:
The Independent - Will Joe Biden drag down the rest of the Democrats? - 1 hour 12 min ago
Wall Street Journal - Open Borders Produced the Biden Economic Boom - 1 hour 52 min ago
Russia Today - Biden fears ‘October surprise’ by Russia and North Korea – media - 2 hours 51 min ago
Indiatimes - Hunter Biden is set to go on trial on June 3 on federal firearms charges - 5 hours 44 min ago
The Guardian - Ohio governor calls special legislative session to include Biden on election ballot - 7 hours 38 min ago
New York Post - Charlamagne tha God tells Megyn Kelly his thoughts on Joe Biden: ‘I’m not a fan’ - 9 hours 50 min ago
New York Times - Elon Musk Ramps Up Anti-Biden Posts on X - 13 hours 24 min ago
SCMP - Biden woos Kenya’s Ruto with major ally status, lavish state dinner - 16 hours 28 min ago



Google criticized as AI Overview makes obvious errors, saying President Obama is Muslim and that it's safe to leave dogs in hot cars
CNBC - 7 hours 57 min ago
Public criticism has mounted over Google's AI Overviews feature in Search, which has returned inaccurate or nonsensical results, according to screenshots.
RELATED:
BBC - Glue pizza and eat rocks: Google AI search errors go viral - 8 hours 11 min ago
Reuters - Google to invest $350 mln in India's Flipkart, valuing co at $37 bln, source says - Reuters - 8 hours 46 min ago
COMMENTARY:
BusinessInsider - Why Google is (probably) stuck giving out AI answers that may or may not be right - 2 hours 31 min ago



Wall Street ponders what happens to booming private credit market when you-know-what hits the fan
CNBC - 8 hours 34 min ago
The CEO of one of the largest private-credit firms defended the industry and how it will act in times of stress.
COMMENTARY:
The Guardian - Wall Street tycoon Stephen Schwarzman reverses course and backs Trump - 1 hour 32 min ago
New York Post - Citi asks 600 staffers to return to office full-time as Wall Street reinstates pre-pandemic rules - 3 hours 29 min ago



Reuters: Putin prepared to negotiate ceasefire based on current frontline in Ukraine - Новая газета. Европа
Reuters - 8 hours 46 min ago
Reuters: Putin prepared to negotiate ceasefire based on current frontline in Ukraine  Новая газета. Европа
RELATED:
NDTV - Vladimir Putin Ready For Ukraine Ceasefire On Current Frontlines: Report - 9 hours 37 min ago
Reuters - Putin Ready to Freeze War on Current Battlefield Lines – Reuters - The Moscow Times - 10 hours 27 min ago
COMMENTARY:
Indiatimes - Russia-Ukraine war: Putin wants ceasefire on current frontlines - 3 hours 19 min ago
BusinessInsider - Putin's favorite NATO member wants to 'redefine' membership so it doesn't have to help Ukraine - 10 hours 10 min ago
The Independent - Russia-Ukraine war – live: Putin arrives in Belarus to stage nuclear drills as Kyiv strikes occupied Crimea - 16 hours 38 min ago



Explained: What Happens If Donald Trump Is Convicted In Hush Money Trial?
NDTV - 9 hours 1 min ago
Closing arguments are expected on Tuesday in Donald Trump's criminal hush money trial in New York, wrapping up what is likely to be the only case against the former U.S. president to reach a jury before the November election. Here is a look at what comes next. WHAT HAPPENS DURING CLOSING ARGUMENTS? Prosecutors with the Manhattan District Attorney's Office will present their summations first and seek to convince a dozen New Yorkers that Trump falsified business records to cover up an all ...
RELATED:
Associated Press - Trump swaps bluster for silence, and possibly sleep, in his hush money trial - The Associated Press - 18 hours 21 min ago
BBC - Trump makes pitch to black and Latino voters in New York - 18 hours 57 min ago
FOX Business - LARRY KUDLOW: Both Reagan and Trump pledged to make America strong again at home and abroad - 23 hours 36 min ago
COMMENTARY:
New York Post - Blackstone CEO to back Trump, cites economic concerns, rise of antisemitism - 36 min 3 sec ago
BusinessInsider - Trump lawyer blasts 'The Apprentice' biopic in legal warning letter, calling it foreign election interference - 1 hour 12 min ago
Indiatimes - The Apprentice gets cease and desist letter. Check out what Trump team and film producers say - 1 hour 16 min ago
The Guardian - Trump lawyers seek to block US release of biopic The Apprentice - 1 hour 22 min ago
The Independent - What will jurors consider when deciding Trump’s fate? Legal experts weigh in - 3 hours 14 min ago
Wall Street Journal - Jailed Trump Adviser Peter Navarro Says He Doesn't Want a Pardon: 'I Have No Regrets' - 13 hours 27 min ago
Sydney Morning Herald - Trump offers lies, fear and promises of a better New York in the Bronx - 17 hours 26 min ago
SCMP - Donald Trump claims migrants in US illegally ‘building army’ to attack Americans - 19 hours 50 min ago



Jim Cramer's top 10 things to watch in the stock market Friday
CNBC - 9 hours 4 min ago
Wall Street was headed for a higher open Friday following a late-day selloff in the prior session.
RELATED:
Bloomberg - Stock Market Today: Dow, S&P Live Updates for May 24 - Bloomberg - 23 hours 41 min ago
COMMENTARY:
BusinessInsider - Stock market today: Indexes end the week mixed after inflation scare and Nvidia earnings boom - 2 hours 17 min ago
Wall Street Journal - Buyback Spree Adds Fuel to European Stock Rally - 6 hours 46 min ago



Ether slips after SEC opens the door to ether ETFs, still heads for best week in more than a year
CNBC - 9 hours 28 min ago
Ether slipped on Friday following the SEC's approval of a rule change that will pave the way for exchange traded funds that buy and hold the cryptocurrency.
COMMENTARY:
New York Times - Ether Cryptocurrency ETFs Are Approved by the SEC - 20 hours 47 min ago



X CEO Linda Yaccarino accuses Australia of 'overreach' after judge lifts ban on stabbing video
CNBC - 9 hours 46 min ago
X CEO Linda Yaccarino accused Australian regulators of "overreach" over its decision to ban videos of a Sydney church stabbing.
RELATED:
CNBC - Nvidia CEO Jensen Huang's net worth swells from $3 billion to $90 billion in five years - 9 hours 57 min ago
COMMENTARY:
Wall Street Journal - Gildan Names Glenn Chamandy as President and CEO - 53 min 47 sec ago
BusinessInsider - Jury in trial of tech CEO Fahim Saleh's killer hears grisly 911 call: 'His head is not there anymore!' - 1 hour 54 min ago
New York Post - Gildan Activewear shares climb after board resigns, ousted CEO returns - 3 hours 35 min ago
Indiatimes - British fund manager abrdn's CEO Stephen Bird to step down - 14 hours 59 min ago
The Hindu - Sony Pictures’ MD & CEO NP Singh to step down - 15 hours 11 min ago



Government wins court case over River Wye pollution
BBC - 10 hours 21 min ago
The High Court ruled that the Environment Agency and the UK government were implementing the law properly.
COMMENTARY:
AllAfrica - South Africa: Gold Mine Pollution Is Poisoning Soweto's Water and Soil - Study - 17 hours 43 min ago



Advertisers boost spending at retailers like Walmart and Amazon as TV shrinks
CNBC - 11 hours 27 min ago
The data retailers have on customers — from one-time buyers to loyalists — is extremely valuable to advertisers who want to optimize their exposure.
COMMENTARY:
BusinessInsider - Meet Nvidia CEO Jensen Huang, who's now worth $91 billion — richer than any Walmart heir - 11 hours 45 min ago



Former TikTok CEO Kevin Mayer says AI hype is at an all-time fever pitch right now
CNBC - 11 hours 41 min ago
Former TikTok CEO and Candle Media co-CEO Kevin Mayer believes that the hype around artificial intelligence has reached a crescendo.
RELATED:
NDTV - To Counter US Ban, TikTok Makes It Easier For Creators To Make Money - 17 hours 39 min ago
BBC - TikTok trainspotter Francis Bourgeois: 'Passion is cool' - 22 hours 58 min ago
COMMENTARY:
SCMP - Will Philippines’ proposed TikTok ban address concerns over China or curb free speech? - 9 hours 46 min ago
The Straits Times - S’pore unions to offer support to employees affected by latest TikTok layoffs - 12 hours 56 min ago



Real Estate Supply-Demand Imbalance Is 'Buying Opportunity': Tikehau Capital - Bloomberg
Bloomberg - 12 hours 16 min ago
Real Estate Supply-Demand Imbalance Is 'Buying Opportunity': Tikehau Capital  Bloomberg
RELATED:
CNBC - JPMorgan is 'positive' on China stocks and 'constructive' on real estate as Beijing props up markets - 14 hours 54 min ago
COMMENTARY:
Wall Street Journal - U.S. Real-Estate Fund Limits Investor Redemptions - 20 hours 47 min ago
The Straits Times - Luxury real estate prices dip in NYC as Asia drives global gains: Report - 22 hours 42 min ago



Chinese EV makers continue aggressive push into Europe under growing threat of tariffs
CNBC - 13 hours 8 min ago
Nio, Xpeng and BYD have continued their European expansion even as an ongoing EU probe into Chinese electric vehicle subsidies could result in tariffs.
RELATED:
BBC - Musk opposes US tariffs on Chinese electric cars - 19 hours 16 min ago
COMMENTARY:
SCMP - Upcoming US-China climate talks will test if cooperation can coexist with new tariffs - 2 hours 43 min ago
The Guardian - Tesla boss Elon Musk criticises US tariffs on Chinese electric vehicles - 11 hours 38 min ago
The Straits Times - VW says cost cuts not tariffs will protect Europe from Chinese EVs - 22 hours 17 min ago



US Paves Way for Ether ETFs in Test of Crypto Demand Beyond Bitcoin - Bloomberg
Bloomberg - 13 hours 47 min ago
US Paves Way for Ether ETFs in Test of Crypto Demand Beyond Bitcoin  Bloomberg
COMMENTARY:
SCMP - UK ex-food worker Jian Wen jailed for laundering bitcoin tied to US$5.6 billion China fraud - 4 hours 47 min ago
Wall Street Journal - The SEC approved the first U.S. exchange-traded funds holding ether, the largest cryptocurrency behind bitcoin, in an about-face that surprised the crypto community. - 18 hours 26 min ago



Japan And South Korea Sanction Entities Over North Korea-Russia Arms Trade
NDTV - 16 hours 2 min ago
Japan and South Korea on Friday announced separate sanctions packages targeting companies, vessels, or individuals allegedly involved in supplying North Korean weapons to Russia for use in Ukraine, in violation of UN resolutions. South Korea accuses Pyongyang of sending thousands of containers of munitions to Russia, and experts have said Pyongyang's recent testing spree may be of weapons destined for use on battlefields in Ukraine. In August, the US Treasury Department imposed similar san ...
RELATED:
Deutsche Welle - US issues sanctions over Georgia's 'foreign agent' bill - 17 hours 19 min ago
COMMENTARY:
SCMP - Why did Russian President Vladimir Putin visit a Chinese university under US sanctions? - 8 hours 27 min ago
Russia Today - US Senate preparing sanctions on ICC employees – Fox - 10 hours 57 min ago
Indiatimes - South Korea imposes sanctions on North Koreans, two Russian vessels - 20 hours 48 min ago



Exclusive: Nvidia cuts China prices in Huawei chip fight - Reuters
Reuters - 16 hours 19 min ago
Exclusive: Nvidia cuts China prices in Huawei chip fight  Reuters
RELATED:
Reuters - Exclusive-Nvidia cuts China prices in Huawei chip fight, sources say - Yahoo Finance - 18 hours 53 min ago
COMMENTARY:
Indiatimes - Nvidia cuts China prices in Huawei chip fight, sources say - 18 hours 51 min ago



CEOs of AI start-ups backed by Microsoft and Amazon are the new tech rockstars
CNBC - 17 hours 26 min ago
Mistral AI CEO Arthur Mensch and Anthropic CEO Dario Amodei are in the spotlight, both leading AI companies backed by U.S. tech giants.



Bond Market Selloff Overshadows Nvidia's Impressive Earnings - Bloomberg
Bloomberg - 18 hours 22 min ago
Bond Market Selloff Overshadows Nvidia's Impressive Earnings  Bloomberg
RELATED:
Bloomberg - Bond Market Selloff Overshadows Nvidia's Impressive Earnings - Bloomberg - 18 hours 22 min ago
COMMENTARY:
Indiatimes - US debt burden spooks bond investors ahead of election - 3 hours 6 min ago



Russia Arrests Top General On Corruption Charges: Report
NDTV - 21 hours 37 min ago
In the latest in the sequence of purges in the country's top offices, the deputy head of the army's general staff, Lieutenant-General Vadim Shamarin, was arrested on suspicion of large-scale bribe-taking, Al Jazeera reported. A military court on Wednesday ordered that Shamarin be jailed for two months, Al Jazeera reported, citing TASS news agency. He also served as the head of Russia's Ministry of Defence's main communications directorate. "On May 22, the court chose a preventive measure f ...
COMMENTARY:
Indiatimes - For Congress, Jharkhand is ATM of corruption: Amit Shah - 10 hours 37 min ago
Wall Street Journal - Russia detained the deputy chief of its general staff on corruption charges, the fourth top defense official to be held within a month. - 18 hours 26 min ago