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More than 85 per cent of Iranian drones that were launched at the UAE were eliminated by Edge Group’s defence systems, the UAE defence conglomerate has said.
If he’s gonna play like this, Joel Embiid should issue a retraction. Tell Sixers fans to sell their tickets while they still can. Get that money on the secondary market.
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LG Electronics said Tuesday it has been named among the top 1 percent of companies worldwide in S&P Global’s latest Corporate Sustainability Assessment for the third consecutive year, underscoring its progress in environmental, social and governance management.
Auto news: Will Australians spend over $100,000 on a Chinese car?
Interest rates are now back at the same level as February 2025, before the Reserve Bank began its rate-cutting cycle. (ABC News: Daniel Irvine)
Atlanta Braves’ Jonah Heim follows the flight of his double to drive in two runs off Colorado Rockies relief pitcher Jimmy Herget in the ninth inning of a baseball game, Sunday, May 3, 2026, in Denver. (AP Photo/David Zalubowski)
Australia's central bank on Tuesday raised its policy rate to 4.35%, its highest level since December 2024, amid elevated inflation.
The Reserve Bank has lifted interest rates as insurance against an inflation breakout from the Iran war, while warning that higher oil prices risk pushing the economy to the brink of a per-person recession.
A train arrives at a Wall Street subway station in New York’s Financial District on Nov. 5, 2024. (AP Photo/Peter Morgan, File)
Millions of Indonesian Muslims traveled to their hometowns for Eid al-Fitr, which fell in late March this year. Increased household spending during the holiday helped the economy grow 5.61% on an annualized basis in the first quarter of 2026. © Reuters
President Donald Trump talks with small business owners in the Grand Foyer of the White House, Monday, May 4, 2026, in Washington. (AP Photo/Jacquelyn Martin)
Mexican restaurant owner-chef Marco Mendoza prepares a hot molcajete, a traditional Mexican dish, at Cuernavaca’s Grill in downtown Los Angeles, Tuesday, April 28, 2026. (AP Photo/Damian Dovarganes)
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Eaton and Palisades Fire survivors have demanded action for 16 months. And the California Department of Insurance has finally released its market conduct exam of State Farm.
One in four late-night venues went out of business between 2020 and 2025. Those that remain are struggling to pull in customers. Maybe a night out in Birminghan will reveal why
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Westpac has raised its buffers for soured loans as it prepares for a weakening in the economy due to the Middle East war, even as its latest results showed fewer borrowers were struggling with repayments.
Adnoc on Monday launched a programme requiring its engineering, procurement and construction contractors to give priority to locally made products across its project pipeline, backed by Dh200 billion ($55 billion) in contract awards set aside for 2026 to 2028.
Golden Dragon has ignited the fire at the company’s Cue gold project in Western Australia’s Murchison region, with first pass drilling at its Behring Bore prospect delivering a series of high-grade gold strikes.
A survey of junior West Australian doctors has revealed a concerning increase in the risk of moderate-to-high burnout among younger medical professionals, while more than half reported a lack of training opportunities in the industry.
With Saudi investment drying up, one of LIV’s highest-profile recruits may be having second thoughts as Australian officials call for the global golf ecosystem to come together
The Reserve Bank of Australia is about to hand down its May interest rate decision, and is widely expected to deliver a third-straight increase.
Victorians are feeling the global pressures of war in the Middle East, inflation and interest rates.
Capital floods into China’s robotic sector but profitability remains elusive as challenges emerge with the industry’s business model
Capital floods into China’s robotic sector but profitability remains elusive as challenges emerge with the industry’s business model
RAK Ceramics is offsetting the Iran-war-driven slowdown in exports with a pivot to the domestic market, where the push for new developments to be completed on time is supporting sales, its chief executive has said.
At a time of heightened uncertainty in the Middle East, a closer look at the UAE this week offers a glimpse of how one country is articulating a new way forward.
EU official says Brussels has identified cybersecurity and dependency risks in foreign inverters
EU official says Brussels has identified cybersecurity and dependency risks in foreign inverters
South Korean Industry Minister Kim Jung-kwan is heading to Washington and Ottawa, Ontario, for a four-day trip aimed at advancing US-bound investment plans and strengthening Seoul’s bid for Canada’s multibillion-dollar submarine program, the ministry said Tuesday.
SK hynix lags gifting trend despite recent rally, as high price limits access
BYD's passenger vehicle sales fell for an eighth consecutive month in April, while its domestic rivals Leapmotor and Zeekr notched record-high monthly deliveries as the market becomes more competitive.
Nvidia CEO Jensen Huang has a one-word answer to the question of whether China should have the "latest and greatest chips." (Photo by Yifan Yu)
Products & ServicesOpen Products & Services section
As we reported in February, the US Export-Import Bank’s proposed rare earth stockpiling initiative would initially source critical minerals from anywhere in the world - including China, an official involved in the project revealed to Bloomberg. The $12 billion Project Vault would later shift to a replenishment model…
May 5, 2026 — 12:06pm
SEOUL, May 5 (Yonhap) -- Industry Minister Kim Jung-kwan left for Canada on Tuesday in the latest push to help a South Korean consortium win an estimated 60 trillion-won (US$40.6 billion) project to build as many as 12 new conventionally powered submarines.
BERLIN — Facing new tariffs from U.S. President Donald Trump on Germany’s prized auto industry — immediately after his threat to withdraw American troops — Chancellor Friedrich Merz has offered a disarmingly conciliatory response: Trump is essentially right.
Workers could receive a few hundred dollars in their pocket in a surprise tax handout in next week’s federal budget, despite warnings that stimulus could drive up inflation and risk further interest rate rises.
(Nikkei montage/Source photos by Getty Images)
WASHINGTON (Reuters) -- The head of the International Monetary Fund on Monday warned that inflation was already picking up and the global economy could face a "much worse outcome" if the war in the Middle East drags into 2027 and oil prices hit around $125 per barrel.
A steel beam from the World Trade Center’s fallen South Tower was displayed Monday at a Long Island education center, where hundreds of families devastated by 9/11 tearfully flocked to the mobile memorial.
Facing pressure to address the economic fallout of his war in Iran, President Trump on Monday sought to portray his policy wins for small businesses as evidence that he was succeeding in building up the economy.
Hollywood starlet Angelina Jolie has put her legendary Los Angeles estate on the market for $29.9 million — nearly two years after confessing that she wanted to leave the US for good and move abroad.
Landbridge Group’s legal claim over the port could take several years to resolve, analysts said, providing more time for dialogue
Landbridge Group’s legal claim over the port could take several years to resolve, analysts said, providing more time for dialogue
WASHINGTON – U.S. Trade Representative Jamieson Greer told European Union and German trade officials over the weekend that Washington will move forward with U.S. President Donald Trump's plan to raise EU car import tariffs to 25%, according to a statement made Monday on CNBC.
DENVER — Carson Benge’s full toolbox is open for business.
Sir Keir Starmer will host senior business, culture and policing figures in Downing Street on Tuesday as part of coordinated efforts to tackle antisemitism with a "whole of society" approach.