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Greer: US, China Willing to Continue Trade Truce
Jamieson Greer, Trade Representative of the United States, signaled cautious optimism that US-China trade relations are stabilizing, with progress on agriculture purchases and rare earth supplies, though tariffs and supply chain issues remain. He speaks exclusively to Bloomberg's Annmarie Hordern, on the sidelines of the US-China summit in Beijing on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Russia remains Kyrgyzstan’s strategic partner with $5 billion trade volume
Kyrgyz First Deputy Prime Minister Daniyar Amangeldiyev says the country is interested in cooperation and building a strategic partnership with the Republic of Tatarstan
Albanese government backs wage rise for millions of Aussie workers: How much more you could get paid
Albanese government backs wage rise for millions of Aussie workers: How much more you could get paidBy CAMERON CARPENTER, DEPUTY NEWS EDITOR, AUSTRALIA Published: 01:09, 15 May 2026 | Updated: 01:10, 15 May 2026 e-mail View comments
Australia’s housing affordability expected to worsen and homelessness soar under fossil-fuelled future
Rents will rise and homelessness quadruple in a decade unless serious steps to cut emissions are taken, University of Sydney researchers findFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGlobal heating could worsen housing affordability, push up rents and quadruple homelessness in a decade without fairer housing policies and action to reduce emissions, new research has found.Home prices and rents in Australia are influenced by a...
A new personal finance experience in ChatGPT
Preview a new personal finance experience in ChatGPT for Pro users in the U.S. Securely connect your financial accounts and get AI-powered insights and guidance grounded in your financial context, goals, and priorities.
Americans increasingly relying on food pantries as prices outpace wages
Families are flooding back to food pantries across the country as prices are rising faster than paychecks for the first time in three years. Jason Allen reports.
Nigel Farage says £5million 'gift' from crypto billionaire was his reward for Brexit campaign
Nigel Farage says £5million ‘gift’ from crypto billionaire was his reward for Brexit campaignBy SOPHIE CHURCH - POLITICAL REPORTER Published: 00:33, 15 May 2026 | Updated: 00:33, 15 May 2026 e-mail View comments
Royal finances face a cut. But will much really change?
Royal finances face a cut. But will much really change?Just nowShareSaveAdd as preferred on GoogleSean CoughlanRoyal correspondentBBCRoyal finances can feel mysterious, like trying to see what's in a crowded room with very little light. The funding mechanisms are complicated, the language antiquated and much about the income remains under a padlock of privacy.But there are challenging months ahead. A funding cut is on the way, the first for many years.And in the wake of the scandal surrounding A...
PE Firm Lightrock Raises $500 Million for New Clean Energy Fund
Private equity firm Lightrock, which was spun out from Liechtenstein’s LGT Group, has raised a new $500 million fund to back businesses advancing access to affordable and clean energy in Asia and Africa.
Sales fall for second month in row amid ongoing conflict in Middle East
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Cuba’s Diaz-Canel open to US aid amid worsening fuel crisis, blackouts
The comments came as a US delegation led by CIA Director John Ratcliffe met Cuban officials in Havana on Thursday.
Asian Stocks to Rise as AI Rally Spurs Wall Street: Markets Wrap
Asian stocks were set to rise Friday after Wall Street hit fresh records, buoyed by a rally in artificial intelligence shares, strong corporate earnings and further signs of resilience in the US consumer.
Air Arabia reports Dh278 million net profit for Q1 2026
SHARJAH: Air Arabia (PJSC), the first and largest budget carrier operator in the Middle East and North Africa, has announced its financial and operational results for the first quarter ending March 31, 2026. Air Arabia reported a net profit of Dh278 million for the first quarter ending March 31, 2026, representing a 22% decline compared to Dh355 million recorded in the same period last year. Airspace closuresThis drop was driven by the impact of the ongoing conflict in the region, which resulted...
Private Aviation 'Immunized' from Fuel Cost Spikes, Says Wheels Up's George Mattson
George Mattson, CEO of private aviation company Wheels Up, said that his company is 'immunized' from the impact of fuel cost spikes because they are able to pass off surcharges to customers willing to pay a premium. Mattson discussed Delta's investment in the private sphere and said the airline company sees Wheels Up as an extension of its growing premium commercial strategy. (Source: Bloomberg)
'Millions' of pounds saved by replacing Palantir tech in refugee system
The government said its in-house IT system was "more flexible" while meeting "high standards" of security.
World Bank Team to Visit Venezuela to Meet Government Officials
A group of representatives from the World Bank will visit Caracas to engage with government authorities for the first time since reestablishing formal relations last month, according to people familiar with the matter.
Blackstone, KKR to Take Over Dental Firm After Slashing 70% Debt
Direct lenders including Blackstone Inc. and KKR & Co. are set to take control of struggling dental business Affordable Care and slash about 70% of the debt as part of a restructuring agreement, according to a person familiar with the matter.
AI Rally Crushes Stock Pickers With Just 1 in 4 Beating Market
Active managers who briefly looked like they might finally have their moment earlier this year are once again confronting a familiar problem: a market rally driven by a tiny group of tech megacaps that diversified portfolios simply can’t keep up with.
Members-Only Event: The First $1 Trillion IPOs
SpaceX, OpenAI and Anthropic are all anticipated to go public this year, starting with Elon Musk's rocket company this summer. These three deals alone represent some of the biggest of all time—if their billionaire CEOs can pull them off. Join Forbes expert editors Wednesday, May 27th at 12pm EST covering these companies for a lively discussion with audience Q&A to unpack what's at stake for this year's blockbuster IPO market.
Dow closes above 50,000 as investors eye Trump-Xi summit
Oil prices inched higher on Thursday.