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BRUSSELS — Large parts of the EU’s mega trade deal with the Latin American Mercosur bloc finally kicked in Friday, but the political fight over it continues.
China’s President Xi Jinping, right, and Mozambique’s President Daniel Chapo attend a welcoming ceremony at the Great Hall of the People in Beijing Tuesday, April 21, 2026. (Haruna Furuhashi/Pool Photo via AP)
When the United Arab Emirates (UAE) announced on Tuesday that it intended to exit the 12-member, six-decade-old Organization of the Petroleum Exporting Countries (Opec), the move was read by some analysts as a purely economic one.
Wall Street financier Chirayu Rana, the anonymous ‘John Doe’ who filed a sensational—and fiercely disputed—sexual harassment lawsuit against a JPMorgan Chase executive has left investment firm Bregal Sagemount, senior company sources have told The Post.
Coachella now even has its own basketball team. A day after we reported there’s still bad blood between moguls Barry Diller and Irving Azoff over the Live Nation-Ticketmaster merger in 2010, Azoff made his latest business move — bringing the LA Lakers’ G League team to Coachella.
A new land bridge between Pakistani ports and Iran may provide a lifeline to Tehran while it is under US blockade and redraw key Asian trade routes.
When Indonesia’s Finance Minister Purbaya Yudhi Sadewa floated the idea last week of charging a toll for vessels passing through the Strait of Malacca – inspired by Iran’s moves in the Strait of Hormuz – it set off alarm bells among insurers and Asian importers.
Welcome to The California Post’s weekly Dodgers recap, where baseball writers Dylan Hernández and Jack Harris review the week that was, hand out player superlatives and take stock of the state of the season.
Tucked into the tree-lined hills of Thousand Oaks, a 1980s home by the legendary architect Frank Gehry has quietly traded hands for $2.45 million without ever hitting the open market.
The Pentagon announced on Friday that it had reached deals with some of the technology industry’s biggest companies in an effort to expand the military’s artificial intelligence capabilities and increase the number of firms authorized to be on classified networks.
US equity futures are higher, set for a new all time high, as the rally that’s pushed Wall Street to record highs on strong megacap tech earnings continues, after the S&P posted its best monthly increase since November 2020. As of 8:00am ET, S&P futures are up 0.3% (spiking moments ago on a report that Iran submitte…
Quietly, shares of Google-parent Alphabet are on the verge of topping $5 trillion, and overtaking AI-leader Nvidia as the world's most valuable company.
Agreements with artificial intelligence firms spark concerns over public spending, cyber security and domestic surveillance
In this photo taken with a slow shutter speed, traffic moves past a sign for a Mobil gas station on Wednesday, April 29, 2026, in Portland, Ore. (AP Photo/Jenny Kane)
Amid what China sees as US’ polarising unilateral measures, a push for ‘global governance’ gives rise to a network of multi-country agencies
Amid what China sees as US’ polarising unilateral measures, a push for ‘global governance’ gives rise to a network of multi-country agencies
Iran’s economy is undergoing one of the most brutal stress tests in its modern history. Official annual inflation has surged to 50% according to central bank figures released shortly after the ceasefire, while the year-on-year rate reached as high as 67% through mid-April, according to the Wall Street Journal. The r…
The Japanese yen surged against the dollar on Friday, extending gains that came the previous day after officials in Tokyo said they stood ready to intervene in the foreign exchange market.
The British tabloid newspaper Daily Mail first broke the story earlier this week about a former JPMorgan staffer who claimed that an executive director on JPM's leveraged finance team turned him into a "sex slave" by drugging him with Rohypnol and Viagra, according to a bombshell lawsuit. However, it now appears tha…
Treasury Secretary Scott Bessent attends a meeting with members of the Association of Mature American Citizens (AMAC), about financial literacy, Wednesday, April 29, 2026, at the Treasury Department, in Washington. (AP Photo/Jacquelyn Martin)
Jerome Powell confirmed this week that he won’t leave the Federal Reserve next month after he steps down as chairman – but some of his detractors are already floating ideas on how to change his mind, On The Money has learned.
All five Japanese trading houses reported earnings and predicted profit rises for their current fiscal years on Friday. (Source photos by Nikkei)
Israel supplied the United Arab Emirates with a laser defence system and other advanced weapons during the war on Iran, the Financial Times reported on Thursday.
Israel supplied the United Arab Emirates with a laser defence system and other advanced weapons during the war on Iran, the Financial Times reported on Thursday.
This is AI generated summarization, which may have errors. For context, always refer to the full article.
Athens, Greece – When the conservative New Democracy party came to power in Greece in 2019, it promised a work-driven economy that would grow by 4 percent a year and elevate living standards after a decade of austerity.
Analysis finds real wages fell 12% since 2019, with inequality widening in the US beyond global levels
Analysts urge Beijing to invest in Africa’s industrial capacity to reduce its substantial trade deficit and create a more balanced relationship
Analysts urge Beijing to invest in Africa’s industrial capacity to reduce its substantial trade deficit and create a more balanced relationship
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Eleven years after Vine died, Jack Dorsey is funding its resurrection and putting it back on the App Store.
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Shares of AstraZeneca turned lower Friday after U.S. regulatory advisors voted against approving its experimental cancer drug.
Iran’s foreign minister Abbas Araghchi has accused the Pentagon of misleading the public over the financial toll of the war launched by Donald Trump alongside Benjamin Netanyahu on 28 February.
A monitor displaying the yen's exchange rate against the U.S. dollar on May 1 on Gaikaitame.com. (Photo by Nanami Sato)
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Cricket NSW chairman John Knox and chief executive Lee Germon have fired back at what they call “misconceptions” about opposition to Cricket Australia’s BBL sale plan, insisting the organisation is not seeking to strengthen its ties with betting companies but wants fair value for existing markets.
Ultra-fast charging technology and a wave of smart features are helping Chinese EVs win over overseas buyers
Ultra-fast charging technology and a wave of smart features are helping Chinese EVs win over overseas buyers
The Australian founder of this month’s controversial Enhanced Games says his new venture, a billionaire-backed “AI Tribunal” to challenge claims made about the uber-rich in the media, will restore trust in journalism rather than have a chilling effect on free speech.
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Tourists opt for ecotourism over traditional shopping after Unesco geopark receives widespread publicity on mainland Chinese social media
Tourists opt for ecotourism over traditional shopping after Unesco geopark receives widespread publicity on mainland Chinese social media
Treasury yields were unchanged on Friday as investors digested a week of key economic data and policy releases.
A woman in Jakarta discusses a ride with a Gojek driver: Indonesian President President Prabowo Subianto has vowed to cut ride-hailing platforms' fees to help drivers. (Photo by Yuki Kohara)
Dana Gas, one of the largest private natural gas companies in the Middle East, has received $20 million from the Egyptian government to settle outstanding payments.
Leaving Opec is part of the UAE’s greater plan for its future, where higher hydrocarbon revenues will allow bigger investments in everything from projects to bypass Hormuz and renewable energy.
Oil prices rose on Friday, heading for a weekly gain, as the Iran war kept the Strait of Hormuz effectively shut and Tehran pledged a new framework to oversee the waterway that carries about a fifth of global crude supply.
The European Union's mammoth trade deal with South American bloc Mercosur provisionally enters into force Friday, despite a pending court ruling on its legality.