‘Liquid gold’: An olive oil shortage is fueling record prices and food insecurity fears
A shortage of olive oil has driven prices to record highs, fueled a crime surge and pushed the industry into crisis mode.
Standard Chartered first quarter profit rises 5.5%, beats estimates
Standard Chartered posted on Thursday a 5.5% rise in its first-quarter pretax profit, beating estimates, as higher interest rates bolstered earnings at the emerging markets-focused lender.
Microsoft to open new data center in Thailand as it doubles down on AI and Southeast Asia
The U.S. tech giant said it will also commit toward AI skills training for over 100,000 Thais and support local developers.
Colombia will cut diplomatic ties with Israel, President Petro says
Colombian President Gustavo Petro said he will break diplomatic relations with Israel over its actions in Gaza.
Tesla price cuts could backfire, fund manager says, warning of a ‘huge demand problem’ on the horizon
“The bottom line here is the fundamentals are not good,” says Mark Hawtin, who runs long/short funds at GAM Investments.
Citi just added these global stocks with over 30% upside to its ‘highest conviction ideas’ list
Citi has just refreshed its list of “highest conviction ideas” in Europe and recommended a specific trading strategy that investors can adopt right now.
This family traveled for a year. Here are the biggest mistakes they made
Margaret Bensfield Sullivan talks about the challenges and lessons she learned while traveling with her family to 29 countries in the span of a year.
U.S. issues hundreds of sanctions targeting Russia, takes aim at Chinese companies
U.S. issued hundreds of fresh sanctions targeting Russia in action that took aim at Moscow’s circumvention of Western measures, including through China.
Biden blames China, Japan and India’s economic woes on ‘xenophobia’
President Biden said that “xenophobia” from China to Japan and India is hobbling their growth, as he argued that migration has been good for the U.S. economy.
Asia markets mixed after Federal Reserve holds rates; Hong Kong stocks jump 2%
Asia markets were mixed on Thursday after the U.S. Federal Reserve opted to hold interest rates steady, while Hong Kong stocks jumped.
