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Newest first · UTC+11:00Digital Currency Proposal for BRICS 2026 Agenda - DailyNews
In 2026, the global financial system is witnessing a shift that could alter the functioning of world trade.
· Gayan Abeykoon
ASX set to fall, Wall Street steady as oil prices rise; Microsoft, OpenAI loosen partnership
The US stock market’s record-breaking rally is stalling after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose.
· Stan Choe
Lawyers for Sam Altman’s sister quit representing her in sex-abuse lawsuit against OpenAI CEO
The two law firms representing Sam Altman’s sister in her sexual abuse lawsuit against the OpenAI chief executive said Monday they are withdrawing from her case.
· Reuters
The underrated vegie that’s thrown off its stinky reputation to finally become cool
While finance pages decry the K-shaped economy of 2026, the cultural zeitgeist has declared this a C-shaped year instead – C for cabbage.
· Alice Zaslavsky
Why Australian property prices could go backwards by 2030
Australian property prices could fall backwards by 2030, with housing supply and jobs figures key determinants for the health of the country’s housing market.
· Alice Uribe
Scott was already working late on fuel supply when a call stopped him cold
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· Nick Toscano
A safe route to Europe, but don’t expect much sleep in this business class
After a week of taxi ripoffs in Istanbul, I dare not tell my driver my destination is Turkish Airlines’ business class priority entrance. Fortunately, it’s a quick stroll from the economy zone to the fast lane to zip through. In the lounge, I grab one of the only spare seats – awkwardly joining a family group. Some …
· Chris Chamberlin
19 trips since March: Portelli’s private jet defies oil market volatility
The US-Israeli war on Iran has set off a scramble by governments and companies around the world to shore up fuel supplies, after Iran closed the Strait of Hormuz triggering oil supply disruptions.
· Fiona Byrne, John Buckley
European flight prices are falling in short term, Wizz Air boss says
European flight prices are falling as airlines try to overcome customer "hesitancy" over the economic hit from the US-Israel war with Iran, Wizz Air's chief executive has said.
· Theo Leggett
China's carmakers surge past Japan, European peers with AI, battery tech
The Z convertible EV from BYD's luxury brand Denza seen at the 2026 Beijing International Automotive Exhibition. © Reuters
· Staff Writer
Billionaire tax could kill 100,000 California jobs and sink revenue: study
A controversial billionaire tax measure in California — which has secured enough signatures to appear on the November ballot — would devastate the state’s economy, a new study published Monday shows.
· Titus Wu
Micro-Cap Oil Stock Soars On Helium Offtake Deal As Gulf Shock Spurs Hunt For Reliable Supplies
The Hormuz chokepoint, with the U.S.-Iran conflict about to enter its third month, remains closed, and global energy flows are being rewired. One industrial gas we've identified as facing supply disruption risks is helium, which threatens to upend end markets ranging from semiconductor production to medical imaging.
· Tyler Durden
Bahrain calls for global action on Iran’s Strait of Hormuz blockade | The National
Bahrain’s Foreign Minister urged the international community on Monday to take stronger action over Iran’s closure of the Strait of Hormuz, warning that failure to respond risked inflicting hundreds of billions of dollars in economic losses and further disrupting global supply chains, as the crisis at the vital ener…
· Adla Massoud
Japan's Idemitsu Kosan secures 4m barrels of crude oil for Vietnam
The Nghi Son Refinery in northern Vietnam supplies 30% to 40% of the country's petroleum products. (Photo by Yuji Nitta)
· Staff Writer
Billionaire Bill Ackman’s Pershing Square IPO to raise $5 billion — the low end of previously targeted range
Bill Ackman’s hedge fund Pershing Square – known for its contrarian bets – is expected to raise $5 billion in its IPO, at the bottom of its targeted range, a source familiar with the matter told The Post.
· Taylor Herzlich
Hitachi gears up for buybacks, chases AI growth after record profit
Hitachi says its HMAX AI suite has reduced train delays and maintenance costs in Europe. (Hitachi)
· Staff Writer
Meet the educational operating system for elite youth: ICL Academy
ICL Academy reflects a broader global shift in how young talent is developed, contributing to evolving approaches in digital and hybrid K–12 education. Positioned at the intersection of academia, athletics, and the rapidly expanding creator economy, ICL has evolved far beyond a traditional accredited school into a d…
· Kaitlyn Gomez
Ray Dalio says Kevin Warsh shouldn't cut interest rates in a ‘stagflation’ era
Billionaire investor Ray Dalio warned that the U.S. economy has slipped into a stagflationary environment and said it would be a mistake for potential Federal Reserve chair successor Kevin Warsh to lower interest rates.
· Yun Li
BYD confirms talks on F1 entry with eye on testing EV tech
BYD luxury brand Yangwang showcases its Xtreme electric supercar at the Beijing Auto Show. (Photo by Shizuka Tanabe)
· Staff Writer
Trial lawyer Craig Fontaine Ashton brings Ironman discipline to the courtroom
Northern California personal injury attorney Craig Fontaine Ashton has spent more than 25 years representing injured clients in disputes with insurance companies and corporations in Sacramento and across Northern California. As co-founder of Ashton & Price, LLP, established in 1996, Ashton has secured over $250 mill…
· Ethan Stone
Half of Japan's major life insurers to expand domestic bond holdings
The yields on 20-year Japanese government bonds have risen faster than U.S. peers. (Photo by Akira Kodaka)
· Staff Writer
Pakistan opens new transit routes to facilitate Iran trade
Pakistan has authorised new transit routes, allowing Iran to import goods from third countries through its territory.
· Middleeasteye
The two french dropouts behind one of the largest Discord moderation platforms
If you were to pitch MEE6’s scope to a room full of venture capitalists (tens of millions of servers, hundreds of millions of users, a profitable subscription business, and a team of dozens), they would nod approvingly and ask about the cap table. The founders, Brendan Rius and Anis Belkacem, would say there is no c…
· Kaitlyn Gomez
Canada Setting Up Sovereign Wealth Fund
Prime Minister Mark Carney of Canada said Monday that his country would establish a pool of money similar to those used by major oil exporters like Norway to make investments as he seeks to make the Canadian economy less dependent on the United States.
· Ian Austen
Todd Nepola buys $5.25M Miami Beach villa — for his ‘RHOM’ star ex-wife Alexia
Todd Nepola wants the world to know he is not a man in financial distress.
· Mary K. Jacob
Domino's Pizza stock falls on disappointing sales — and CEO thinks more chains will follow
Domino's Pizza stock fell 10% in morning trading on Monday after it reported weaker-than-expected U.S. same-store sales growth.
· Amelia Lucas
Used car salesman Christian Lindner to be promoted
Former German Finance Minister Christian Lindner is stepping into a bigger role at a major car dealership.
· Ferdinand Knapp
Shell to buy Canadian shale producer ARC Resources for $16.4bn
Deal comes five years after Shell sold its North American shale business and is its biggest acquisition for a decade
· Marksweney
The next wave of AI: Why companies arereorganizing around it, not just using it
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· The Manila Times
CCPI gathers leaders, stakeholders for ‘whole-of-nation framework’ economic compass
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· The Manila Times
Taiwan jails ex-TSMC engineer in trade secrets case
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· Agence France-Presse
Oil rises, stocks swing as peace talks wobble
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· Agence France-Presse
Peso weakens further; stock market also falls
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· Nazylen Joy Mabanglo, Niña Myka Pauline Arceo
Catch-up spending seen supporting BSP tightening
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· Niña Myka Pauline Arceo
Meralco pushes back on power bill complaints
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· Ed Paolo Salting
Coal moratorium stays
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· Ed Paolo Salting, Reuters
United Airlines ends pursuit of rival American after merger approach rebuffed
United Airlines said Monday it had ended its pursuit of a merger with American Airlines after the rival carrier declined to engage following an initial approach.
· Reuters
Canada’s Carney announces a sovereign wealth fund
Canadian Prime Minister Mark Carney says his government is developing a government-owned investment fund.
· Al Jazeera
Claire's shuts all 154 standalone stores in UK and Ireland with loss of more than 1,300 jobs
All Claire's standalone stores in the UK and Ireland have stopped trading after the accessories chain's financial woes saw it fall into administration twice in a year.
· Faarea Masud
Airfares may stay sky-high even if fuel prices fall, airline CEOs warn
Travelers hoping airfares will fall once jet fuel prices cool down could be in for a rude awakening.
· Ariel Zilber
Hold The Horses
There are five G10 central bank meetings scheduled this week and not a single policy move is expected between them. That said, the signalling of policymakers will be crucial. For each of the BoJ, Fed, BoC, ECB and the BoE, the market will be watching to see how rate setters are gauging the two sided the risks to gro…
· Tyler Durden
Court battle between Musk and Altman to reveal power struggle at Open AI
Topic:Business, Economics and Finance
Alibaba gets approval to spin off warehouse park as Reit in pivot for logistics assets
Hong Kong exchange’s approval is first step in plan to list asset on Shenzhen bourse as Beijing encourages Reit listings
· Themis Qi
Alibaba gets approval to spin off warehouse park as Reit in pivot for logistics assets
Hong Kong exchange’s approval is first step in plan to list asset on Shenzhen bourse as Beijing encourages Reit listings
· Themis Qi
The oil, gas and arms companies profiting from the war on Iran
As the death toll in Iran moves above 3,500 and energy bills rise for UK households, fossil fuel and weapons companies have seen their profits rise dramatically since the war by the US and Israel began two months ago.
· Middleeasteye
Prime Minister Mark Carney unveils $18B Canadian investment fund
Prime Minister Mark Carney responds to a question during an event in Ottawa on Thursday, April 23, 2026. (Adrian Wyld/The Canadian Press via AP)
· Rob Gillies
"Blockbuster Week" Preview: Fed, ECB, BOJ On Deck, Earnings Avalanche, GDP, PCE
Tomorrow marks exactly two months since the strikes on Iran began. As DB's Jim Reid writes, while there is currently a rolling, open ended ceasefire that started on 8 April, the risk of it collapsing at any point remains real. Just as the weekend news looked like it was leaning negatively though, last night reports …
· Tyler Durden
Mass Layoffs, Unpaid Wages Hit Coal Mines in Occupied Luhansk as Operator Nears Bankruptcy
Coal miners in Russian-occupied Ukraine’s Luhansk region say they have been left without pay and facing mass layoffs after the company operating several major mines moved toward bankruptcy, deepening economic hardship in a region already battered by more than a decade of war.
· The Moscow Times
$2.67B Blue Cross Blue Shield settlement to finally start payouts soon – here’s how to know if you’re eligible
Blue Cross Blue Shield will soon start sending payments to millions of Americans from its $2.67 billion fund in what is one of the largest antitrust settlements in the US healthcare industry.
· Taylor Herzlich