Agri output dips in Q1
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· The Manila Times
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Newest first · UTC+11:00Atlassian billionaire boss, now solo, faces his biggest test yet
Six weeks ago, Mike Cannon-Brookes was the billionaire whose company had become the cautionary tale of Australian tech.
· David Swan
Japan medical startups need more than tech to break into US: VC executive
SoftBank's Pepper robot greets patients at a hospital in Tokyo. © Reuters
· Staff Writer
Apollo CEO Rowan warns of market correction, slams ‘egregious’ practices at rival insurers
Apollo Global Management CEO Marc Rowan on Wednesday warned investors that he was preparing his giant asset management firm for a potential market downturn and sharply criticized what he called the "egregious" practices of some rival insurers.
· Hugh Son
Etihad Rail set to offer economic uplift to Fujairah, businesses say | The National
The new Etihad Rail service should offer a major economic boost to Fujairah, after it was revealed the city’s station was the first on the network to be completed.
· Daniel Bardsley
Egypt annual inflation slows to 14.9% as monthly price growth decelerates
Egypt's annual inflation rate slowed slightly to 14.9% in April from 15.2% in March, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).
· AfricaNews
Norwegian government attacked over decision to reopen North Sea gasfields
Approval for exploration in 70 new areas prompts fierce backlash from fossil fuel opponents
· Miranda Bryant, Jillian Ambrose
EU floats making it easy for oil companies to break methane rules
The European Commission is considering giving fossil fuel companies leeway to avoid penalties under new rules governing the emissions of methane, in what would be a major win for the oil and gas sector.
· Ben Munster
Up to 150 former WHSmith high street stores to close
Up to 150 of the 480 High Street stores formerly part of the WHSmith business will be closed in a restructuring plan launched by the owner of the chain.
· Angus Tiffin
Disney shares jump 8% as new CEO Josh D’Amaro’s growth strategy excites Wall Street
Walt Disney’s new Chief Executive Josh D’Amaro laid out his strategy for the entertainment company Wednesday, saying it would remain committed to creative excellence, strengthen its streaming business, capitalize on the power of live sports and continue to invest in its theme parks and cruise lines.
· Reuters
Ted Turner, outspoken founder of CNN, dies at 87
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· Acor Arceo
Global aviation shock harbinger of broader crisis – Putin envoy
The global aviation shock triggered by the US-Israeli attack on Iran and resulting fuel shortages is a harbinger of even “more severe shocks” that will rock other sectors of the global economy, Kremlin envoy Kirill Dmitriev has warned.
· RT
EU auditors can't trace billions of euros in COVID recovery funds
An employee at the Emergency Response Coordination Center in Brussels views a screen with graphics regarding the spread of the coronavirus, COVID-19, Monday, March 2, 2020. (AP Photo/Virginia Mayo, File)
· Lorne Cook
Roku, TCL accused of sabotaging smart TVs with bad software updates in new class action lawsuit
A proposed class action lawsuit claims Roku and TCL “bricked” thousands of smart TVs through defective software updates that allegedly left sets frozen, black-screened or completely unusable.
· Ariel Zilber
Australian lenders all have an ‘edge of cliff’ mortgage interest rate. Here’s how to push them to it and get a better deal
A couple of years ago, banks were jostling for mortgage market share, making it simple to secure savings. Times have changed, but it can be done
· Jonathan Barrett
In this budget, all eyes are on CGT. But Labor’s rumoured family trust tweaks might also help fight tax inequality | Greg Jericho
If Albanese’s newest budget can tame discretionary trust tax dodging, it will be a good step in ensuring the rich are treated the same as the rest of us
· Greg Jericho
Karen Bass and Nithya Raman trade blows over LA crime, homelessness in explosive mayoral debate
Mayor Karen Bass and Councilwoman Nithya Raman went to war Tuesday night in a blistering mayoral debate that exploded into a public brawl over crime, homelessness, police staffing and who voters should blame for Los Angeles spiraling deeper into chaos.
· Jamie Paige
CNN founder Ted Turner dies at 87
Aside from business and sports deals, Turner gained attention for his personal life and his ventures in philanthropy and the environment
· Agence France-Presse
CNN founder Ted Turner dies at 87
Aside from business and sports deals, Turner gained attention for his personal life and his ventures in philanthropy and the environment
· Agence France-Presse
How to get your slice of Apple’s juicy $250M settlement over Siri AI delay
Apple on Tuesday agreed to pay $250 million to settle claims it misled customers into buying iPhones with a deceiving marketing campaign about its voice assistant Siri’s new AI features.
· Taylor Herzlich
Who is Zack Polanski, UK Greens leader and rising political star?
The United Kingdom’s Green Party leader Zack Polanski, a 43-year-old self-styled “eco-populist” presenting himself as a progressive alternative to Keir Starmer’s governing Labour Party, is banking on a political breakthrough in British local elections this week.
· Federica Marsi
Disney shares jump after results top expectations
NEW YORK, United States — Disney shares jumped in pre-market trading Wednesday as the entertainment giant reported better than expected revenues and profits, thanks in part to growth in its streaming business.
· Agence France-Presse
Japan to buy another 20m barrels of UAE oil to bypass Hormuz blockade
The United Arab Emirates supplies roughly 40% of Japan's crude oil. © Reuters
· Staff Writer
AMD's Su explains what's behind massive forecast change as stock roars 15% on earnings
Advanced Micro Devices CEO Lisa Su told CNBC on Wednesday that her massive forecast revision was due to the demand surge for central processing units led by the growth of agentic artificial intelligence.
· Lola Murti
UBS Says Transport Stock Rout Is "Overdone" After Amazon News
UBS senior analyst Tom Wadewitz, who covers freight transportation, told clients that Amazon's latest push to open its supply chain network to businesses beyond its own marketplace triggered an "overdone" sell-off in transport names, including UPS, FedEx, and C.H. Robinson.
· Tyler Durden
Hong Kong college’s finance director arrested over HK$770,000 embezzlement
Ray Yip has served as Hong Kong Chu Hai College’s finance director since 2024
· Danny Mok
Hong Kong college’s finance director arrested over HK$770,000 embezzlement
Ray Yip has served as Hong Kong Chu Hai College’s finance director since 2024
· Danny Mok
TikTok gets nod from Thailand for $26bn data center plan
TikTok Shop is one of the top three players in Thailand's surging e-commerce market. © Reuters
· Staff Writer
Man charged in US with stealing $450M from Mexican billionaire in loan scheme: ‘How could I fall for this?’
A man with multiple aliases used the name of the famed Astor family to dupe a Mexican billionaire out of around $450 million in a bogus stock-backed loan scheme, according to a newly unsealed US indictment and other court records.
· Associated Press
Hong Kong draws over 1 million mainland ‘golden week’ visitors but spending lags
Authorities say shopping centres and catering sector reported growth, but industry leaders flag inconsistent spending
· Wynna Wong
Hong Kong draws over 1 million mainland ‘golden week’ visitors but spending lags
Authorities say shopping centres and catering sector reported growth, but industry leaders flag inconsistent spending
· Wynna Wong
Ta'ziz and Alpha Dhabi sign deal to invest $10bn in industrial chemicals in the UAE | The National
Abu Dhabi's Ta'ziz has signed a deal with investment conglomerate Alpha Dhabi targeting $10 billion in capital investment in its new industrial chemicals ecosystem in the emirate.
· Aarti Nagraj
Your kids’ favorite YouTube stars have got huge plans — what’s next for Dude Perfect?
Dude Perfect are in the process of becoming Dude Moguls. After securing a nine-figure investment from Highmount Capital last year, the Texas-based sports comedy group, which boasts 62 million YouTube subscribers, tells Page Six Hollywood that, while executing trick shots may have gotten them this far, a diversified …
· Katcy Stephan
Surge in cases of ‘Blue Dot Fever’ fail to stop Live Nation upping ticket sales — but legal issues hit bottom line
Even with acute cases of “Blue Dot Fever” plaguing its artists and allegedly forcing high-profile cancellations of Live Nation concert dates by Post Malone, Zayn Malik, Meghan Trainor and the Pussycat Dolls — the music giant said its concert business was up in Q1.
· Ian Mohr
US firms add 109,000 jobs, the most since early 2025
The figures show a labour market that is finding its footing after an especially harsh year for hiring
· Bloomberg
US firms add 109,000 jobs, the most since early 2025
The figures show a labour market that is finding its footing after an especially harsh year for hiring
· Bloomberg
Gianni Infantino says high World Cup ticket prices are justified in US market
Fan groups have called prices a ‘monumental betrayal’
· Agencies
NANO Nuclear Soars On Strategic MOU With Supermicro For Powering AI Data Centers
NANO Nuclear and Supermicro have agreed to explore the integration of NANO’s KRONOS microreactor system with Supermicro’s AI server and data center platforms for scalable nuclear-powered solutions. The news of the strategic collaboration - a critical moment in the integration of alternative energy source within the …
· Tyler Durden
OECD transport ministers gather in Germany to address resilience amid trade disruptions
LEIPZIG, Germany -- Transport ministers and senior officials from member countries of the Organisation for Economic Cooperation and Development (OECD) gathered in Germany on Wednesday to discuss how to strengthen the resilience of transport systems as global trade and travel face growing disruptions.
· Yonhap
From jewelers to health tech, CEOs want tariff refunds as earnings take a hit
Companies around the world are lining up for reimbursement, as the impact of U.S. tariffs is laid bare during the first-quarter earnings season.
· Joseph Wilkins
Uber and Disney are seeing the same remarkable dynamic in this economy. Both stocks are surging
Higher gasoline prices and mounting geopolitical tensions are doing little to slow the American consumer — at least judging by the latest results and commentary from Uber Technologies and The Walt Disney Company.
· Yun Li
OECD transport ministers gather in Germany to address resilience amid trade disruptions
LEIPZIG, Germany, May 6 (Yonhap) -- Transport ministers and senior officials from member countries of the Organisation for Economic Cooperation and Development (OECD) gathered in Germany on Wednesday to discuss how to strengthen the resilience of transport systems as global trade and travel face growing disruptions.
· Choi Kyong-ae
Hong Kong pledges deeper ties with Uzbekistan as China signs bilateral agreements
Hong Kong and Uzbekistan leaders meet to discuss enhanced cooperation with 15 China–Uzbek deals spanning energy, healthcare and infrastructure
· Ambrose Li
Hong Kong pledges deeper ties with Uzbekistan as China signs bilateral agreements
Hong Kong and Uzbekistan leaders meet to discuss enhanced cooperation with 15 China–Uzbek deals spanning energy, healthcare and infrastructure
· Ambrose Li
Oil prices plunge on reports US and Iran nearing peace deal | The National
Oil prices slumped more than 10 per cent on Wednesday after reports that the US and Iran are nearing a deal to end the war that has strangled a fifth of global oil and gas supplies.
· Alvin R Cabral
Deja Vu All Over Again: Futures Surge, Oil Tumbles On Iran Deal Optimism, Tech Rally
US equity futures are up big this morning and making fresh all time highs, led by tech companies, while oil prices and bond yields fell sharply on optimism that the US and Iran are nearing a peace deal. As of 8:00am Nasdaq 100 futures jumped 1.7% while those for the S&P 500 gained 1%, with both gauges set to build o…
· Tyler Durden
ADP Employment Report Signals Biggest Job Additions In 15 Months In April
With non-farm payrolls looming, we get another glimpse at the labor market today from the ADP Employment Report which shows the US economy added 109k jobs in April (a slight disappointment relative to +120k exp). That is the tenth straight month of job additions and strongest monthly addition since January 2025...
· Tyler Durden
Samsung withdraws home appliance, TV sales biz in China
Samsung Electronics has decided to withdraw its home appliance and TV sales business in China amid its struggle to shore up its presence in one of the world's most important markets, industry sources said Wednesday.
· Yonhap
WATCH: PH eyes Asean Power Grid initiative to boost regional energy security
Trade and Industry (DTI) Undersecretary Allan Gepty underscores the importance of the Asean Power Grid initiative as a key priority in strengthening regional energy security and economic resilience during a briefing in Cebu ahead of the 48th Asean Summit. In a press conference on May 5, 2026, Gepty stressed the need…
· The Manila Times
Private payrolls rose by 109,000 in April, topping expectations, ADP says
Private sector job creation was stronger than expected in April, providing more evidence of a stable labor market and less incentive for the Federal Reserve to lower interest rates amid persistently higher inflation, ADP reported Wednesday.
· Jeff Cox