Samsung union demands higher bonus pay, threatening strike
Union members representing Samsung Electronics workers rally at the group's chip complex in Pyeongtaek, South Korea, on April 23. © AP
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Newest first · UTC+11:00How major US stock indexes fared Friday 4/24/2026
A surge for Intel following a blowout profit report helped lead technology stocks higher, while oil prices keep swinging in the wait for what’s next with the Iran war.
· The Associated Press
Toyota supplier Denso to withdraw proposal to take over Rohm
Denso has been pursuing a deal with power semiconductor maker Rohm separately from Toshiba and Mitsubishi Electric. (Nikkei montage)
· Staff Writer
Trump administration pitching US companies to rebuild Gulf infrastructure hit by Iran
The Trump administration has told several Gulf states that they should use American companies to rebuild their infrastructure damaged by Iran's retaliatory strikes amid the US-Israeli war on the Islamic Republic, US and Arab officials familiar with the discussions told Middle East Eye.
· Middleeasteye
Tesla’s Cybercab robotaxi has entered production, Elon Musk says
Elon Musk confirmed that Tesla has “started production” of its self-driving Cybercab – a long-promised project that the billionaire has billed as key to the company’s long-term turnaround.
· Thomas Barrabi
Tech titan Peter Thiel bets on Argentina with $12M Buenos Aires mansion buy — and it’s no secret why
Peter Thiel has quietly dropped $12 million on one of Buenos Aires’ most storied mansions — and the city’s luxury real estate market may never be the same.
· Mary K. Jacob
Funds released without verifying account – Minister
Labour Minister and Finance and Planning Deputy Minister Dr. Anil Jayantha Fernando yesterday said that a failure to properly verify the intended recipient may have led to US$ 2.5 million being transferred to a third party during foreign debt repayment by the Finance Ministry.
· damith
India's Reliance Industries sees quarterly profit fall on Iran war impact
The supply shock from the U.S.-Iran war impacted the oil and gas units of India's largest company Reliance Industries. © Reuters
· SOUMYAJIT SAHA
Explosives stock seized at Kasagala Expressway exit
Police officers at the Kasagala Expressway exit arrested a man transporting a large cache of explosives yesterday (24). The suspect, a resident of Mulkirigala, Weeraketiya, was apprehended during a vehicle search as he left the expressway in a cab.
· damith
CP Group bolsters Thai e-commerce drive with help from Japan's NTT Docomo
Executives from CP's Ascend Commerce and NTT Docomo Global in Bangkok on Friday. (Photo by Keigo Iwamoto)
· Staff Writer
Kiwi High Court ruling to pave the way for changes at Future Fund?
Don't pay so you can read it. Pay so everyone can!
· Cathy Peters
Job creators should be exempt from Mamdani and Hochul’s pied-à-terre tax, business leader says
City business leaders are scrambling to offer socialist Mayor Zohran Mamdani a compromise to his planned tax on luxury second homes after one of the prime targets of his proposal — Ken Griffin of the Citadel investment empire — suggested he may reverse a major expansion in midtown, the Post has learned.
· Charles Gasparino
Our airline offered a full refund. Our travel agent took $1312 of it
A caution to those booking flights through a travel agent. Read the fine print. I booked an Emirates business class flight with the travel department of a well-known roadside assistance organisation. Belatedly, I discovered that, if I chose to cancel, there was a 15 per cent cancellation fee, plus any fee from Emira…
Dog breeders to downsize from Mosman mansion, listing it for $35m
Helen Goyen and her husband, Stuart, both registered breeders of golden retrievers, have put their Mosman mansion on the market with a price guide of $35 million, local sources have revealed.
· Kristy Johnson
Doomsday letter from faculty at top California business school warns of disturbing trend
A growing revolt is unfolding at the the University of Southern California’s prestigious Marshall School of Business, where faculty are warning of the program’s downward slide.
· Nina Joudeh
Rare Brooklyn carriage house lists for $5.8M on a hidden street where homes almost never sell
On a secret street where homes seldom trade, a 125-year-old relic of New York’s horse-and-buggy era is up for grabs.
· Mary K. Jacob
Regeneron weighs overseas price for Otarmeni, gene therapy for rare type of hearing loss
Regeneron Pharmaceuticals will make its newly approved gene therapy for a rare, genetic form of hearing loss available for free in the U.S. The company hasn't yet decided how much it will charge in other countries, Regeneron CEO Leonard Schleifer told CNBC on Friday."We haven't set a price yet, but they should pay t…
· Angelica Peebles
Race To Refill U.S. Weapons Stockpiles Will Supercharge War Economy
The U.S. military's 55-day war with Iran has alarmingly drawn down several categories of high-end air-delivered munitions, forcing the Department of War to draw from critical stockpiles in Asia and Europe. The drawdown of these weapons only suggests a possible readiness problem and helps explain why President Trump'…
· Tyler Durden
Saudi Arabia cuts $200m in Met Opera House funding due to Iran war: Report
Saudi Arabia has pulled out of a $200m deal to support New York City’s Metropolitan Opera House due to economic hits it has suffered from the US-Israeli war on Iran, The New York Times reported on Friday.
· Middleeasteye
Intel's stock soars more than 20% as chipmaker shows signs of a turnaround
Intel shares soared more than 20% on Friday as investors cheered signs of renewed growth due to mounting artificial intelligence demand.
· Samantha Subin, Katie Tarasov
US justice department drops criminal investigation against Jerome Powell
Move will remove obstacle for confirmation of Kevin Warsh, Trump’s pick to replace Powell as Federal Reserve chair
· Lauren Aratani
The hidden costs that UAE investors miss when building their portfolios | The National
Attractive yields, zero income tax and a buoyant property market have long made the UAE a compelling destination for investors. But financial specialists caution that a significant portion of those returns is routinely consumed by compounding costs.
· Katy Gillett
Dubai property market dips but homes keep on selling | The National
Dubai residents who were priced out of the property market for years are using a dip to get on the ladder.
· Alexander Christou
Why US military might and Israeli 'magical thinking' have battered, but not broken, Iran | The National
Eight weeks into the Iran war and with the global economy on a knife-edge, the end game to the conflict has yet to play out. But what is clear is that, in military terms, it has not matched preconceptions.
· Thomas Harding
An era of crisis only strengthens the UAE-EU bond | The National
In a time defined by war, the strategic relations between the EU and the UAE demonstrate that a partnership built on political, economic and security co-operation can endure and become more resilient – even in the face of conflict and uncertainty.
· Lucie Berger
Google to invest up to $40 billion in Anthropic as search giant spreads its AI bets
Google plans to invest up to $40 billion in Anthropic, the companies confirmed on Friday, as tech giants ramp up their strategic investments in the leaders in artificial intelligence.
· Ashley Capoot, Kate Rooney
Moroccan capital welcomes $700M Mohammed VI Tower
A view of Mohammed VI tower, the tallest tower in Morocco and one of the tallest in Africa, after its opening, in Sale, near Rabat, Morocco, Thursday, April 23, 2026. (AP Photo)
· Akram Oubachir
Mamdani and Hochul’s pied-à-terre tax would bring tsunami of legal battles over NYC property values, experts say
Mayor Zohran Mamdani and Gov. Kathy Hochul’s controversial proposal for a pied-à-terre tax in New York City could bring a wave of legal battles from wealthy New Yorkers avoid new levies, according to experts.
· Taylor Herzlich
Mitsubishi Estate buys Singapore provider of furnished housing
A Habyt Singapore bedroom: Unlike serviced apartments, which often provide hotel-style cleaning and front desk services, flexible living keeps services to a minimum, enabling cost-efficient living arrangements. (Habyt)
· Staff Writer
TEPCO to name head of Japan sovereign wealth fund as new chairman
Japan Investment Corp. CEO Keisuke Yokoo, right, is set to succeed current TEPCO Chairman Yoshimitsu Kobayashi. (Source photos by Nikkei)
· Staff Writer
Bessent defends U.S. dollar swap lines as Iran war harms global finances
Treasury Secretary Scott Bessent on Friday defended the possibility of the U.S. participating in currency swaps with allies in the Persian Gulf and Asia who are seeking financial backstops due to the Iran war.
· Kevin Breuninger
AI-powered smart glasses enable visually impaired runners to tackle the London Marathon
LONDON — Running past Buckingham Palace during training, Tilly Dowler is closing in on a goal she once thought out of reach.
· Associated Press
Stop pro-cat-inating and get the 8 most pawsome insurance plans for 2026
Pet insurance: It’s like health insurance for your furry (or feathered or scaly) family members because vet bills can be a real tail-biter. With so many options out there, picking the best pet insurance companies can feel like navigating a labyrinth.
· Emma Sutton-Williams, Kendall Cornish
Trump administration investigation of Fed chair Powell scrapped
Keep independent journalism alive
· Ashley Murray
Western Visayas leads economic growth in 2025 with 6.4% expansion
ILOILO CITY — Western Visayas posted the fastest economic growth among the country’s 18 regions in 2025, expanding by 6.4 percent and outpacing the national average of 4.4 percent, according to the Philippine Statistics Authority (PSA).
· Rjay Zuriaga Castor
Cava's Lone Bear Analyst Flags Weak Foot Traffic After Stock's 123% Surge
Northcoast Research analyst Jim Sanderson has emerged as Cava Group's lone bear on Wall Street, warning in an interview with Bloomberg that the stock's 123% rally has gone too far.
· Tyler Durden
Japan to start EV battery traceability program to spur recycling
Recording the level of degradation of EV batteries can help boost the sales prices of used vehicles. (Photo by Risako Kojima)
· Staff Writer
Cebu Pacific wins LinkedIn employer award
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· Benjamin L. Vergara
Repower Energy incorporates new business unit
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· Ed Paolo Salting
BCDA: US-led AI hub to break ground by 2028
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· Chynna Grace Ong
PCCI, DTI partner in P7B loan program for MSMEs
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· Chynna Grace Ong
Rice supply precarious, says food autonomy group
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· Franco Jose C. Baroña
War worries, rate hike weigh on peso, stocks
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· Nazylen Joy Mabanglo, Niña Myka Pauline Arceo
Experience shaping El Niño preparations
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· Giselle P. Jordan
Iran war impact seeps ever deeper into global economy
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· Reuters
Gulf states in limbo as US-Iran crisis drags on
DUBAI, United Arab Emirates — After weathering unprecedented attacks from Iran, the wealthy Gulf states are now stuck between war and peace as talks stall and the Strait of Hormuz remains all but closed, threatening economic recovery.
· Agence France-Presse
Boracay bridge project: Unwanted, unneeded and unfair
IN October 2025, a proposed project to build a road bridge linking the island of Boracay to the town of Malay in Aklan was presented to the provincial board, the Sangguniang Panlalawigan (SP), whereupon it was swiftly and decisively rejected. The SP deemed the project, which was an unsolicited public-private partner…
· The Editorial Board
Kalshi promo code NYPMAX: Trade $10, get $10 for Yankees vs. Astros
The Yankees and Astros meet for the first time in 2026, and Kalshi is offering new users a welcome bonus when they sign up to make trades on Major League Baseball.
· Michael Leboff
Intel shares skyrocket to all-time high as AI boom triggers remarkable turnaround
Demand for Intel’s central processors from firms offering AI services was so strong in the first quarter that it sold even chips it had originally written off, a remarkable turnaround that sent the company’s shares soaring on Friday.
· Reuters