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The Latest Breaking News from Economy

As the financial fortunes of the wealthy diverge from everyone else, some businesses are poised to thrive, while others struggle with weakening sales.

Kiplinger

Study to examine economic impact of Edinburgh Fringe Festival announced

New research into the impact the Edinburgh Festival Fringe has on the city's, and Scotland's, economy has been announced

The National (Scotland)

‘James Bond of philanthropy’: Billionaire Chuck Feeney secretly gave away his $8 billion and died with nothing left

For most of his life, Chuck Feeney looked nothing like a billionaire. He flew economy class, wore inexpensive clothes, carried papers in plastic bags, and lived in rented apartments instead of sprawling mansions. Strangers passing him in airports would never have guessed that he was one of the richest men…

The Times of India

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The UN has bad news for global growth as Middle East crisis continues

As the Middle East conflict drives up energy costs and clouds outlooks, the UN warns the world economy faces one of its weakest years since the 2008 financial crisis — with Europe among the hardest hit.

Euronews

Why Taiwan remains the biggest flashpoint in US-China relations

During their discussions, President Trump and Xi Jinping placed Taiwan at the forefront of their diplomatic agenda. Trump perceives arms sales to Taiwan as a way to gain leverage, whereas Taiwan insists on its importance for regional harmony. Given its strategic significance in the technology sector, especially in chip manufacturing,…

The Times of India

Trump’s Iran War headache grows as new poll shows approval tanking

The survey from The Associated Press-NORC Center for Public Affairs Research reveals that approximately 60% of Republicans now approve of Trump’s handling of the economy

The Independent UK

The verification economy is redefining productivity

AI promises efficiency, but rising verification demands are reshaping how productivity is truly measured.

TechRadar

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The harsh economic reality for Putin as he tries to upstage Trump in China

IN DEPTH: As Vladimir Putin goes on a charm offensive with his 25th visit to President Xi Jinping just days after Donald Trump was in Beijing, James C. Reynolds takes a closer look at the economic realities facing all three countries as they jostle for power on the world stage

The Independent UK

Inflation falls to 2.8% in April but Rachel Reeves braces Britain for it to spike in coming months

The drop from 3.3% in March was bigger than expected in the City

Evening Standard

Why Bill Gates Finally Sold Every Microsoft Share

For nearly 50 years, Bill Gates and Microsoft were deeply connected. The company he co-founded with Paul Allen in 1975 changed personal computing forever, built one of the world’s most powerful tech empires, and turned Gates into a global business icon. Even after leaving day-to-day leadership, the Bill & Melinda…

MyLifeXP

Air India’s cabin glow-up is fighting the pressure of a brutal money heat

Air India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, and branding across its domestic and long-haul aircraft. This transformation aims to reposition the airline as a globally competitive carrier, despite facing substantial financial losses and operational challenges due to geopolitical…

The Economic Times

Samsung union says to embark on 48,000-strong strike on Thursday after impasse on bonuses

Samsung Electronics workers plan a major strike on Thursday. Talks over bonus payments have stalled. This action could disrupt South Korea's economy and global chip supplies. Discussions resumed with government mediation. Samsung cites unacceptable union demands. The strike involves 48,000 workers, 38% of its domestic workforce. This could affect economic…

The Economic Times

Indian banking system robust despite West Asia crisis, falling forex reserves: Experts

Amid the turbulent times following the West Asia escalations, financial leaders expressed strong confidence in the resilience of the Indian economy and its banking architecture. They dismissed immediate panic over dipping foreign exchange reserves and raging geopolitical tensions.

The Economic Times

Putin and Xi hail 'unyielding' ties in talks following Trump visit

China's President Xi Jinping hailed his country's "unyielding" ties with Russia in talks with Vladimir Putin on Wednesday, as the pair met to underscore their alliance days after United States President Donald Trump's visit to the Asian superpower.

Radio France Internationale

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Bangkok Post

Putin, Xi to underscore alliance strength after Trump visit

BEIJING - Russian President Vladimir Putin meets China's President Xi Jinping in Beijing on Wednesday, seeking to underline their unshakeable alliance in the wake of Donald Trump's visit to the Asian superpower economy.

MyLifeXP

Why India And UAE Are Building A Hidden Super Corridor

The world is entering one of its most unstable and unpredictable periods in decades. Wars are intensifying across the Middle East, global shipping routes remain under threat, and even a single attack near the Strait of Hormuz can shake fuel prices and economies worldwide within hours. As many nations struggle…

France 24

Multilateralism at work: Eurogroup chief on G7 meeting, Europe's priorities and challenges

G7 finance ministers and central bankers have wrapped up their two-day meetings in Paris as the war in Iran and the energy crisis continue to weigh on the global economy. Eurogroup President Kyriakos Pierrakakis, who represented the 21-member euro area in the talks, told FRANCE 24's François Picard and Yuka…

We Got This Covered

Die-Hard MAGA loyalist still loves Donald Trump. But one move of his has her feeling ‘betrayed’ and fearing for her son

This is not what she voted for.

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news in one place.

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Bangkok Post

NT picked to spearhead 6 digital infrastructure projects

The Digital Economy and Society (DES) Ministry has assigned state telecom enterprise National Telecom (NT) to steer six projects that aim to strengthen Thailand's digital infrastructure.

AAP

The market powerful enough to sway stocks and Trump is rumbling again

The bond market is making noise again

The Conversation

Self-censorship, more stress, tougher recruiting – we asked US researchers how the Trump administration’s science policies have affected them

The American academic research engine has long been the envy of the world. Generally well-funded, labs in the United States have been able to attract the best minds who generate breakthroughs and train the next generation workforce that powers the U.S. economy. But since the start of the second Trump…

Fortune

'Change the World' idealism is dying in Silicon Valley. We’ll miss it when it’s gone

"City on the Edge" author Jonathan Weber says the techno-optimism accompanying today's AI boom is missing the values that made Silicon Valley great.

The Economic Times

Downside risks to economy have begun materializing as continued West Asia conflict casts shadow over India's trade outlook: Crisil

The escalating conflict in West Asia is emerging as a major risk for India’s economy, threatening trade flows, increasing import costs, and putting pressure on growth. Higher crude oil and transportation expenses are expected to widen India’s current account deficit and push inflation upward as businesses pass on rising costs…

The Economic Times

Global Markets | Japan's Nikkei gives up early gains as tech shares fall

Japan's Nikkei index closed lower on Tuesday. Technology stocks declined, mirroring U.S. markets. Positive economic data supported shares linked to the economy. Investors watched for Nvidia's earnings report. The Topix index saw gains. Bank shares performed well. Many stocks on the Tokyo Stock Exchange rose.

The Economic Times

Domestic cyclicals remain best bet in India, says Anish Tawakley amid global volatility

Despite global headwinds, India's economy is robust, with picking demand and spare capacity, according to DSP Mutual Fund's Anish Tawakley. He favors selective investments in domestic cyclicals like financials, cement, and automobiles, while cautioning against capital market-linked plays and PSU banks. Inflation is seen as transitory, but FMCG margins face…

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