A $1.8m wine loss — and the growing crisis facing Australia's small producers
Charmaine and Tom Handyside stand with the remains of their entire wine vintage, which was destroyed by bushfires. Source: SBS / Scott Cardwell
· Sbsaustralia
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Newest first · UTC+11:00A Robot Economy: Who Gets Rich, Who Gets Left Behind
Authored by Lance Roberts via RealInvestmentAdvice.com,
· Tyler Durden
US warns key Ukraine backers of delays in weapons deliveries – FT
The US has warned several European countries, including the UK, Poland, Lithuania, and Estonia, to expect delays in deliveries of American-made weapons because the war with Iran has depleted stockpiles, the Financial Times reported late on Friday, citing people familiar with the matter.
· RT
US warns key Ukraine backers of delays in weapons deliveries – FT
The US has warned several European countries, including the UK, Poland, Lithuania, and Estonia, to expect delays in deliveries of American-made weapons because the war with Iran has depleted stockpiles, the Financial Times reported late on Friday, citing people familiar with the matter.
· RT
GameStop preparing an offer to buy eBay in effort to boost market value: report
GameStop is preparing an offer for eBay as CEO Ryan Cohen pursues plans to boost the struggling videogame retailer’s market value more than tenfold, the Wall Street Journal reported on Friday.
· Reuters
Inquiry hears allegations of sabotage and violence on major Brisbane rail project
Queensland's Commission of Inquiry has this week heard from one of the main companies working on Cross River Rail. (ABC News: Luke Bowden)
· Tobi Loftus
To keep global trade alive, don’t write off friendshoring
Keep independent journalism alive
· Carlo Pietrobelli, Michele Delera, Nicolo Geri
Dem congressional candidate arrested at May Day protest that blocked Wall Street
At least five people — including a Queens congressional candidate — were arrested Friday as part of a May Day protest outside the New York Stock Exchange.
· David DeTurris, Katherine Donlevy
Epic Games opens Japan app store for iPhone -- with no Japanese games
Japanese video game companies have been reluctant to put their titles in Epic Games' new store. © Reuters
· Staff Writer
Labubu amusement park Pop Land reopens after long-awaited facelift
A Labubu mascot waves to visitors at Beijing's Pop Land, which partially reopened on April 30 after extensive renovations. (Photo by Tomoko Wakasugi)
· Staff Writer
Japan yen interventions face uphill battle against structural weakness
Bank of Japan Gov. Kazuo Ueno. The view that the central bank is unlikely to raise rates has weakened the yen. (Photo by Nanami Sato)
· Staff Writer
Grocery price hikes, house values turn — and ATO’s tax time warning for Aussies
Supermarket giants say they’re under pressure to raise grocery prices. Source: AAP / Con Chronis
· Sbsaustralia
China drops tariffs on all African nations except Eswatini
A China policy giving Africa's biggest economies tariff-free access to its market for the next two years came into effect Friday while its economic rival the United States seeks to impose new import taxes under President Donald Trump's push for protectionism.
· AfricaNews
WATCH Popular Russian TV host take a stab at Italy’s PM over economy and immigration
Russian journalist Vladimir Solovyov has accused Italian Prime Minister Giorgia Meloni of betraying the interests of her own voters by following the EU line on Ukraine and Russia in an interview with Il Fatto Quotidiano published on Wednesday.
· RT
Hundreds of New Yorkers join forces to oppose new, proposed UWS bike lane
Hundreds of Upper West Side residents and business owners are fighting back against the city’s plan to build a new bike lane along a major local thoroughfare.
· Haley Brown
Trump announces new tariffs against EU
US President Donald Trump has announced 25% tariffs on EU-made cars and trucks, accusing the bloc of breaching a trade deal reached last summer but yet to be fully ratified by EU lawmakers.
· RT
How major US stock indexes fared Friday 5/1/2026
The U.S. stock market is rising toward more records after Apple, Estee Lauder and others joined the list of companies delivering fatter profits for the start of the year than analysts expected.
· The Associated Press
Iran’s strict internet shutdown is crushing an already shaky economy
At her studio in Iran’s capital, Amen Khademi prepared a fashion shoot for a jacket she designed with Persian-inspired motifs. But even as she applied lipstick to the model, she was distracted, worrying if her business would survive after four months without its main link to customers — the internet.
· Associated Press
Waste pickers in Nairobi boost recycling skills by playing a board game
Waste pickers in the Kenyan capital are learning about the circular economy, sustainable practices and how to advocate for their own needs - by playing a board game.
· AfricaNews
JMO panel confirms suicide
A committee consisting of Judicial Medical Officers (JMOs) has been appointed to conduct a post-mortem examination of the Finance Ministry Assistant Director who died under suspicious circumstances.
· damith
‘Man on Fire’ Ending Explained: Does John Creasy Survive?
If you’re in the market for a high-octane action series with visceral performances, Man on Fire has arrived on Netflix to satiate your TV appetite.
· Alex Vena
Consequences of the UAE’s OPEC exit
The United Arab Emirates has announced its withdrawal from OPEC and the OPEC+ format effective May 1, 2026, ending nearly six decades of membership. This marks the largest institutional disruption to the oil production coordination system since the establishment of the expanded OPEC+ format in 2016 and is perceived …
· damith
A towering figure in Sri Lankan publishing
The passing of Deshabandu Sirisumana Godage on 28th April 2026 marks the end of an era in the history of book publishing in Sri Lanka. At the age of 90, he leaves behind not merely a business legacy, but a cultural institution that profoundly shaped the literary life of Sri Lanka. He began his publishing journey in …
· damith
Life and legacy of Deshabandu Sirisumana Godage - DailyNews
Born in 1936 in the village of Palatuwa, Matara, Sirisumana Godage was the sixth child in a family of nine siblings. He received his primary education at Palatuwa Gunaratana Maha Vidyalaya. Due to the economic hardships faced by his family, he moved to Kalutara at the age of 15 and began his professional journey as …
· damith
US signs deals with 7 tech companies to use AI in classified military systems
WASHINGTON — The Pentagon said Friday that it has reached deals with seven tech companies to use their artificial intelligence in its classified computer networks, allowing the military to tap into AI-powered capabilities to help it fight wars.
· Associated Press
News in pictures - DailyNews
Alliance of Independent Trade Unions and Mass Organisations commenced their May Day rally from the Lake House roundabout yesterday. Picture by Rukmal Gamage
· damith
Japan entertainment startups unlock value by fusing AI with fan culture
Users can make custom AI characters they can chat with on meltly's Days AI app. (Photo by Nikkei)
· Staff Writer
US sanctions China-based operator, others over alleged Iran oil trade links
The United States on Friday sanctioned multiple entities and individuals it said were involved in trading Iranian petroleum and petroleum products, including a China-based oil terminal operator and a Chinese national.
· SCMP Reporter
US sanctions China-based operator, others over alleged Iran oil trade links
The United States on Friday sanctioned multiple entities and individuals it said were involved in trading Iranian petroleum and petroleum products, including a China-based oil terminal operator and a Chinese national.
· SCMP Reporter
Polymarket promo code NYPMAX: Deposit $20, get $20 for Golden Knights vs. Mammoth
Polymarket has an exclusive sign-up offer for readers of The Post when they create an account on the fast-growing prediction market using the Polymarket promo code NYPMAX.
· Michael Leboff
Multimillionaire and ex-wife of mining magnate to sell $12m estate
Sue Gibson, a horse breeder and the ex-wife of mining magnate Steve Wyatt, has put her Southern Highlands estate on the market with a price guide of $11 million to $12 million.
· Kristy Johnson
The world’s richest man, the AI king, and a courtroom showdown
For two men whose companies promise to remake civilisation, the opening day was strangely pedestrian. The microphones in a federal courtroom in downtown Oakland kept cutting out. A presentation slide vanished from the screens. “We can’t hear you,” Judge Yvonne Gonzalez Rogers said, before drily observing that the fe…
· David Swan
The unexpected NSW regional towns where house prices rose 20 per cent
With Sydney’s property market at “peak fear” and buyers in high-priced lifestyle coastal markets also catching the jitters, NSW’s less sexy inland regions have come to the fore, flaunting spectacular house price growth.
· Sue Williams
Does money really hold the key to a happy life? (Hint: the answer is no)
Have you ever asked the question “Is this really it?” It comes up a surprising number of times, especially for high-net-worth individuals, even though they are the people who “have it all.” In reality, many find that having financial success doesn’t necessarily mean they have all of the life satisfaction and fulfill…
· Kaitlyn Gomez
The Tailor Brands pivot: Why founders should follow pain points (not passion)
“Follow your passion” has been an oft-repeated piece of advice for would-be business founders for decades — but this doesn’t necessarily mean that it’s the right guidance. With roughly 50% of businesses failing within their first five years, passion alone may not be enough to create a sustainable business.
· Ethan Stone
Strait of Hormuz blockade 'wreaking havoc' on global economy, warns China's UN envoy | The National
China’s ambassador to the UN said on Friday that the blockade of the Strait of Hormuz was "wreaking havoc" on global oil markets and the wider economy, as the Iran war continues to disrupt energy flows.
· Adla Massoud
Maritime nations push forward with global carbon fee on shipping
A container ship approaches the port of Santos in Brazil, April 1, 2025. (AP Photo/Andre Penner, File)
· Jennifer Mcdermott
Your Investments: Second chances, respect, and newlywed finance
“I have learned that only two things are necessary to keep one’s wife happy. First, let her think she’s having her own way. And second, let her have it.” – Lyndon B. Johnson
· AARON KATSMAN
Your Taxes: Israel’s lower mid-market is tempting international M&A buyers
In 2006, weeks after a monthlong missile war with Hezbollah had shut down much of northern Israel, Warren Buffett flew to Tel Aviv and acquired an 80% stake in Iscar, a precision metalworking business in Tefen.
· MOTI WILL FISCHTEIN
Money & Me: ‘It’s crucial to keep a separate bank account to your husband’ | The National
Naheed Malik had dreamt of being her own boss for years before she finally made it happen. In 2018, she and a colleague left their jobs at Canadian University Dubai to launch The Loop, a communications and PR agency specialising in higher education and service providers.
· Katy Gillett
Poll finds 61 percent of Americans believe attacking Iran was a mistake
A new poll has found that a large majority of people in the United States believe that the decision to take military action against Iran was a mistake, as the war roils the global economy and fuels cost-of-living concerns in the US.
· Brian Osgood
Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’
Exxon Mobil CEO Darren Woods warned Friday that the market has not absorbed the full impact of the unprecedented oil supply disruption triggered by the Iran war and the closure of the Strait of Hormuz.
· Spencer Kimball
Trump says will raise US tariffs on EU cars, trucks to 25%
WASHINGTON — President Donald Trump said Friday that he will hike US tariffs on cars and trucks from the European Union next week, charging that the bloc is not complying with an earlier trade deal.
· Agence France-Presse
US imposes new Iran sanctions, warns shipping companies not to pay Hormuz tolls
The United States on Friday imposed new Iran-related sanctions on several individuals, entities, and one vessel, including some based in China, according to the US Treasury website.
· JERUSALEM POST STAFF
Trump to put 25% tariffs on EU cars, says bloc not complying with trade deal
The status of the pact was first put in doubt after the Supreme Court ruled the president lacked legal authority for his duties on EU goods
· Associated Press
Trump to put 25% tariffs on EU cars, says bloc not complying with trade deal
The status of the pact was first put in doubt after the Supreme Court ruled the president lacked legal authority for his duties on EU goods
· Associated Press
Kalshi promo code NYPMAX: Trade $10, get $10 for the Stanley Cup Playoffs
It’s an elimination night in the Stanley Cup playoffs, and new users can apply the Kalshi promo code NYPMAX to get a sign-up bonus on Friday’s action in Montreal and Vegas.
· Michael Leboff
Trump raises EU car tariffs to 25% and accuses bloc of breaking trade deal | The National
US President Donald Trump announced on Friday that he would raise tariffs on vehicles imported from the EU to 25 per cent, accusing the bloc of failing to comply with a trade deal.
· The National