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Today: April 17, 2026
Today: April 17, 2026

Economy

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Walmart's Flipkart plans foray into India's ticketing market as live events boom, sources say

Walmart-owned Indian e-commerce firm Flipkart plans to sell movie and concert tickets in India, moving

Walmart's Flipkart plans foray into India's ticketing market as live events boom, sources say
Business|Economy|World

US tariffs drive steep drop in EU exports for second month

European Union exports to the United States dropped by more than a quarter for a second consecutive month in February, but may be exaggerating the

US tariffs drive steep drop in EU exports for second month
Economy|Europe|MidEast|Political|World

Countries to discuss Hormuz mission for when conflict ends

France and Britain will chair a meeting on Friday of around 40 countries aimed at signalling to the United States that some of its closest

Countries to discuss Hormuz mission for when conflict ends
Business|Economy|Technology|World

EV maker Polestar's fourth-quarter revenue jumps, loss narrows

Sweden's Polestar on Friday reported a sharp jump in fourth-quarter revenue and a smaller loss, as the electric vehicle maker ramped up production and cut costs to cater to

EV maker Polestar's fourth-quarter revenue jumps, loss narrows
Business|Economy|Environment|Finance|Stock Markets|World

Investors give peace a chance

  Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

Investors give peace a chance
Business|Economy|Political|World

At Cuba's Bay of Pigs, a victory against U.S. invaders stirs pride, fresh parallels

Orestes Chamizo points at a scrubby patch of sand on Cuba's Bay of Pigs, showing the spot where a brigade of U.S.-trained Cuban exiles landed

At Cuba's Bay of Pigs, a victory against U.S. invaders stirs pride, fresh parallels
Business|Economy|Finance|Health|Stock Markets

Lilly's obesity pill draws 1,390 US prescriptions in launch week

Eli Lilly's newly launched weight-loss pill was prescribed 1,390 times in the U.S. in its first week of sales, according to analysts who cited IQVIA data,

Lilly's obesity pill draws 1,390 US prescriptions in launch week
Arts|Business|Economy|Political

A Trump pledge is falling flat as Ohio musical instrument plant closes

When Keith Czika learned the brass-instrument factory where he had worked for nearly 18 years was closing and his job was headed to China, the 62-

A Trump pledge is falling flat as Ohio musical instrument plant closes
Business|Economy|Environment|Food|Health

Tomatoes are having a moment. You might not like the reason

Tomatoes are having a moment. You might not like the reason

Tomatoes are having a moment. You might not like the reason
Africa|Economy|Education|Political|World

Pope urges young people to resist temptation of corruption in big Mass in Cameroon

Pope Leo XIV is encouraging young people in Cameroon to resist corruption and work for the common good

Pope urges young people to resist temptation of corruption in big Mass in Cameroon
Business|Economy|Political|Technology|World

Wanna bet? Washington steps up scrutiny of prediction markets

A controversy has erupted over prediction markets such as Polymarket and Kalshi

Wanna bet? Washington steps up scrutiny of prediction markets
Americas|Economy|Europe|Finance|Political|World

Lula and Sánchez to 'work for peace' at gathering of progressive leaders in Barcelona

Brazilian President Luiz Inácio Lula da Silva has started a two-day visit to Spain on Friday when he and his Spanish counterpart Pedro Sánchez met a day before they will gather with other leaders who are concerned with the fate of the democratic order and the rise of the populist far right

Lula and Sánchez to 'work for peace' at gathering of progressive leaders in Barcelona
Crime|Economy|Environment|Science|Technology

The attack on Sam Altman exposed a dark underbelly of the anti-AI movement

The attack on Sam Altman exposed a dark underbelly of the anti-AI movement

The attack on Sam Altman exposed a dark underbelly of the anti-AI movement
Economy|Europe|MidEast|Political|World

EU to restore Syria relations, strengthen trade and security ties, document shows

By Lili Bayer and Feras Dalatey BRUSSELS/DAMASCUS, April 17 - The European Union plans to deepen its engagement with Syria by relaunching formal political contacts and paving the way for closer

EU to restore Syria relations, strengthen trade and security ties, document shows
Business|Economy|Europe|Technology|World

French trio's planned $24 billion telecoms deal to test EU resolve

A sweetened 20.35 billion euro ($24 billion) joint bid by Bouygues Telecom, Iliad-owned Free and Orange for France's second-largest

French trio's planned $24 billion telecoms deal to test EU resolve
Africa|Economy|Political|Travel|World

Pope urges Cameroon to reject violence at Mass that draws 120,000 people

Large crowds gathered outside a stadium in Douala, Cameroon's biggest city and economic hub, for a Mass with Pope Leo on

Pope urges Cameroon to reject violence at Mass that draws 120,000 people
Business|Economy|World

Kenya requests emergency World Bank funds to cushion Iran war shocks

Kenya has requested rapid financial support from the World Bank to help it manage the economic shocks triggered by the Iran war, its

Kenya requests emergency World Bank funds to cushion Iran war shocks
Business|Economy|Health

Gerresheimer rejects takeover bid from US packing firm Silgan, sources say

German medical packaging maker Gerresheimer has rejected a takeover bid from its U.S. rival Silgan, three sources familiar with the situation told Reuters.

Gerresheimer rejects takeover bid from US packing firm Silgan, sources say
Business|Economy|Entertainment|Technology

Netflix slumps as muted forecasts, Hastings exit deepen growth worries

Netflix shares fell more than 10% in early trading on Friday, as investors digested a tepid forecast and the surprise exit of co-founder and Chairman Reed

Netflix slumps as muted forecasts, Hastings exit deepen growth worries
Business|Economy|Technology|World

Apple's iPhone shipments in China surge 20% in Q1, data shows

Apple's iPhone shipments surged 20% in China in the first quarter, for the strongest growth among major vendors, despite an overall decline as

Apple's iPhone shipments in China surge 20% in Q1, data shows
Business|Economy|Finance|Stock Markets|World

Warsh, war and worsening conditions?

Financial markets are in a buoyant mood as U.S. President Donald Trump signals confidence that the war in Iran will end soon, with talks probably on the cards again this weekend.

Warsh, war and worsening conditions?
Business|Economy|Stock Markets|World

STOXX 600 on track for fourth weekly win on Mideast diplomacy hopes

A subdued STOXX 600 was on track to notch its fourth straight weekly gain on Friday, as cautious investors waited for a potentially pivotal weekend that could

STOXX 600 on track for fourth weekly win on Mideast diplomacy hopes
Business|Economy|Europe|Finance|Stock Markets|Technology

Uber's Delivery Hero stake boosted by Prosus' $318 million share sale

Dutch technology investor Prosus has agreed to sell a 4.5% stake in Delivery Hero to Uber for about 270 million euros ($318.06 million), making the ride-hailing group the fourth-

Uber's Delivery Hero stake boosted by Prosus' $318 million share sale
Business|Economy|Europe|World

IMF expects ECB to raise rates by half a percentage point in 2026

The European Central Bank should lift its key interest rate twice this year to combat an energy-driven inflation surge, but should then reverse

IMF expects ECB to raise rates by half a percentage point in 2026
Business|Economy|Finance|Stock Markets|World

Deutsche Bank expects Fed to hold rates in 2026

Deutsche Bank expects the U.S.

Deutsche Bank expects Fed to hold rates in 2026
Business|Economy|Technology|World

Uber to acquire additional 4.5% stake in Delivery Hero, FT reports

Uber has reached an agreement to acquire an additional 4.5% stake in rival Delivery Hero and will buy around 270 million euros ($318.1 million) of Delivery Hero shares at 20 euros

Uber to acquire additional 4.5% stake in Delivery Hero, FT reports
Business|Economy|Political|Technology|World

China offers Vietnam railway loans, technology; shows off its high-speed rail

China offered to boost ties with Vietnam on rail infrastructure, from loans and technology to training, as its neighbour's top leader, To Lam, wound up a visit

China offers Vietnam railway loans, technology; shows off its high-speed rail
Business|Economy|Finance|Stock Markets|US|World

Wall Street banks trade derivatives to bet on private credit stress, FT reports

JPMorgan Chase, Barclays and other Wall Street banks have started trading credit default swaps linked to flagship private credit funds run by Blackstone, Apollo Global and Ares

Wall Street banks trade derivatives to bet on private credit stress, FT reports
Economy|Political|World

Romanian broad ruling coalition parties must continue despite tensions, president says

Romania's broad ruling coalition of four pro-European Union parties has no choice but to continue to govern, President Nicusor Dan said, even if its biggest party will

Romanian broad ruling coalition parties must continue despite tensions, president says
Business|Economy|Technology

Ericsson lags profit expectations as AI demand drives up chip bill

Sweden's Ericsson reported a first-quarter core profit that slightly missed market expectations on Friday, citing increasing chip costs

Ericsson lags profit expectations as AI demand drives up chip bill
Business|Economy|Environment|Political|World

Global leftist leaders gather in Spain to mobilise against far right

Spain's Pedro Sanchez and Brazil's Luiz Inacio Lula da Silva will spearhead gatherings of the global left in Barcelona on Friday and

Global leftist leaders gather in Spain to mobilise against far right
Business|Economy|Finance|World

Japan's core inflation likely ticked up in March fuelled by energy costs: Reuters poll

Japan's core consumer inflation probably picked up slightly in March from the previous month due to higher energy costs, a Reuters poll showed on Friday, in a sign of the

Japan's core inflation likely ticked up in March fuelled by energy costs: Reuters poll
Business|Economy|Finance|Stock Markets|World

China expected to keep benchmark lending rates steady after strong GDP data

China is expected to leave benchmark lending rates unchanged for an 11th consecutive month in April, a Reuters survey showed, as robust first-quarter growth and a pick-

China expected to keep benchmark lending rates steady after strong GDP data
Business|Economy|World

Iran war drives up costs, spoils the mood at China's largest trade fair

Shao Haixia's plastics factory in China has seen raw material costs jump 20% since the Iran war started and has not

Iran war drives up costs, spoils the mood at China's largest trade fair
Asia|Business|Economy|Finance|Stock Markets|World

Malaysia's economy grew 5.3% yr/yr in Q1, official advance estimate shows

Malaysia's economy grew 5.3% in the first quarter from a year earlier, official advance estimates showed on Friday, moderating from its pace at the end of 2025 as

Malaysia's economy grew 5.3% yr/yr in Q1, official advance estimate shows
Business|Economy|Political|World

China steps up Iran diplomacy while seeking smooth summit with Trump

China is accelerating its efforts to end the Iran war, walking a diplomatic tightrope as it prepares for a

China steps up Iran diplomacy while seeking smooth summit with Trump
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Markets catch their breath as weekend diplomacy beckons

A look at the day ahead in European and global markets from Ankur Banerjee Markets slipped into TGIF mood as the possibility of a deal between the U.S. and Iran lifted hopes and kept oil below $100 a

Markets catch their breath as weekend diplomacy beckons
Business|Economy|Finance|Stock Markets|World

As commodities reshape geopolitics, currency pecking order gets a reset

The war in the Middle East is the latest reminder of how commodities are reshaping the geopolitical landscape, leaving currencies

As commodities reshape geopolitics, currency pecking order gets a reset
Arts|Business|Economy|Entertainment|Lifestyle|Political|US

Trump draws Marie Antoinette comparisons as he leans into the gilded trappings of the presidency

President Donald Trump is more overtly leaning into some of the spoils of his office in his second term, drawing comparisons to French Queen Marie Antoinette from political opponents

Trump draws Marie Antoinette comparisons as he leans into the gilded trappings of the presidency
Business|Economy|Finance|Stock Markets|Technology

Drone maker AEVEX raises $320 million in US IPO

Drone maker AEVEX said on Thursday that it had raised $320 million ​in its U.S. initial public offering after ‌pricing shares at $20 each.

Drone maker AEVEX raises $320 million in US IPO
Business|Economy|Political|Technology|World

Philippines, US to build industrial hub to strengthen supply chain security

The United States and the Philippines will build a 4,000-acre (1,620 hectares) industrial hub after Manila joined a Washington-led initiative to secure AI and

Philippines, US to build industrial hub to strengthen supply chain security
Asia|Business|Economy|World

South Korea draws back investors even as Iran war exposes cracks

South Korea's capital markets are luring back foreign buyers after a brutal March, as hopes of stability in the Middle East, a red-hot AI memory

South Korea draws back investors even as Iran war exposes cracks
Economy|Political|US|World

Progressive Democrat wins New Jersey special election to succeed Mikie Sherrill

By Nolan D.

Progressive Democrat wins New Jersey special election to succeed Mikie Sherrill
Economy|Europe|Political|World

Ukraine PM says she feels more confident of US support after visit to Washington

Ukrainian Prime Minister Yulia Svyrydenko left the United States on Thursday buoyed by what she called positive talks with top U.S. officials,

Ukraine PM says she feels more confident of US support after visit to Washington
Business|Economy|Environment|Political|World

Canada Post taking steps to stop home mail delivery

The government-owned corporation that delivers mail in Canada is taking steps to stop home delivery

Canada Post taking steps to stop home mail delivery
Business|Economy|Environment|Lifestyle|Science|Technology|Travel

Airline adding bunk beds for economy travelers but bans snacks, smells and cuddling

Air New Zealand will soon add triple-tier bunk beds for economy travelers to have a chance to sleep on long-haul flights

Airline adding bunk beds for economy travelers but bans snacks, smells and cuddling
Business|Economy|Environment|World

Panama Canal downplays report of $4 million 'line-jumping' auction payment amid higher traffic

The Panama Canal Authority on Thursday downplayed a report that an LPG vessel paid $4 million to jump the transit queue, saying the result reflected temporary market

Panama Canal downplays report of $4 million 'line-jumping' auction payment amid higher traffic
Business|Economy|World

BOJ chief avoids hints of April rate hike, shattering hawkish market bets

Bank of Japan Governor Kazuo Ueda steered clear of signalling a rate hike was on the cards this month, instead highlighting the country's low real

BOJ chief avoids hints of April rate hike, shattering hawkish market bets
Business|Economy|Finance|US|World

IMF, World Bank say they are resuming dealings with Venezuela

The International Monetary Fund and the World Bank said on Thursday they had resumed dealings with Venezuela, which had been paused since 2019.

IMF, World Bank say they are resuming dealings with Venezuela
Business|Economy|Technology|World

Sony to get up to $380 million image sensor factory Japan subsidy

The Japanese government will provide subsidies of up to 60 billion yen ($380 million) to Sony for an image sensor plant in the western Japanese prefecture of Kumamoto,

Sony to get up to $380 million image sensor factory Japan subsidy
Business|Economy|Technology

OpenAI to spend more than $20 billion on Cerebras chips, receive stake, The Information reports

OpenAI has agreed to pay chip startup Cerebras more than $20 billion over the next three years to use servers powered by the company's chips, under a deal that could also give the

OpenAI to spend more than $20 billion on Cerebras chips, receive stake, The Information reports
Economy|Environment|Political|World

Less than a year after being fired, former FEMA chief is set to be reinstalled by Trump

Less than a year after being fired, former FEMA chief is set to be reinstalled by Trump

Less than a year after being fired, former FEMA chief is set to be reinstalled by Trump
Business|Economy|Environment|Finance|Political|Science|Technology|US

Lawmakers gathered quietly to talk about AI. Angst and fears of 'destruction' followed

Lawmakers on Capitol Hill conducted a roundtable with leading AI executives and academics to discuss the potential transformative impacts of the technology on American society

Lawmakers gathered quietly to talk about AI. Angst and fears of 'destruction' followed
Business|Economy|World

The Latest: A 10-day ceasefire agreed on by Israel and Lebanon has gone into effect

A 10-day ceasefire announced by U.S. President Donald Trump and agreed on by Lebanon and Israel has started

The Latest: A 10-day ceasefire agreed on by Israel and Lebanon has gone into effect
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

A 10-day ceasefire agreed on by Israel and Lebanon goes into effect

A 10-day ceasefire announced by U.S. President Donald Trump and agreed on by Lebanon and Israel has started

A 10-day ceasefire agreed on by Israel and Lebanon goes into effect
Economy|Election|Political|US|World

Democrat Analilia Mejia will win House special election in New Jersey, further narrowing GOP majority

Democrat Analilia Mejia will win House special election in New Jersey, further narrowing GOP majority

Democrat Analilia Mejia will win House special election in New Jersey, further narrowing GOP majority
Business|Economy|Finance|Travel

Federal officials order flight cuts at Chicago O'Hare to reduce airport delays

About 300 flights per day must be cut from the schedule at Chicago O’Hare International Airport on the busiest days this summer in an effort to reduce flight delays, The U.S. Department of Transportation and Federal Aviation Administration order said Thursday the airlines scheduled more flights than O'Hare could handle, so the government told the airlines to make cuts

Federal officials order flight cuts at Chicago O'Hare to reduce airport delays
Economy|Health|Political|Science

A vaccine standoff and other key moments from RFK Jr.'s first congressional hearing in months

Health Secretary Robert F. Kennedy Jr. defended a more than 12% proposed cut to his department's budget and dodged arrows from angry Democrats as he kicked off an expected sprint of seven hearings in Congress over the next seven days

A vaccine standoff and other key moments from RFK Jr.'s first congressional hearing in months
Business|Economy|Environment|Technology

NiSource signs long-term power deal with Alphabet, expands Amazon agreement

U.S. utility NiSource said on Thursday it had signed a long-term energy supply agreement with a unit of Alphabet to support a large data center in northern Indiana.

NiSource signs long-term power deal with Alphabet, expands Amazon agreement
Business|Economy|Finance|Stock Markets|World

Fuel surge threatens Spirit Airlines bankruptcy exit, raises liquidation risk

Spirit Airlines' bankruptcy exit plan is under renewed pressure after a sharp rise in jet fuel

Fuel surge threatens Spirit Airlines bankruptcy exit, raises liquidation risk
Business|Economy|Political|World

Israel and Lebanon begin ceasefire, Trump says Iran may meet US over weekend

A 10-day ceasefire between Lebanon and Israel went into effect on Thursday and President Donald Trump said the next meeting

Israel and Lebanon begin ceasefire, Trump says Iran may meet US over weekend
Economy|Environment|Health|World

Haiti hunger crisis deepens as almost 6 million face acute food insecurity

Nearly 6 million people in Haiti are expected to face acute food insecurity in the coming months, underscoring how gang violence, mass displacement and economic

Haiti hunger crisis deepens as almost 6 million face acute food insecurity
Business|Economy|Environment|Political|World

Trump administration restores funding to Manhattan subway project after NY sues

The Trump administration has agreed to resume funding a key Manhattan subway project after New York officials sued

Trump administration restores funding to Manhattan subway project after NY sues
Business|Economy|Finance|Stock Markets|World

Final size of interest rate calibration in Brazil is open, official says

Brazil's central bank is cautious amid uncertainties over the potential duration and consequences of the U.S.-Israeli conflict with Iran, and the final size of its interest rate

Final size of interest rate calibration in Brazil is open, official says
Business|Economy|Finance|World

Bangladesh needs to replenish capital in banks and private sector, finance minister says

Bangladesh Finance Minister Amir Khosru said on Thursday his country needs to erase a capital deficit in its banks and private sector for any reforms to take

Bangladesh needs to replenish capital in banks and private sector, finance minister says
Business|Economy|Europe|World

Euro zone inflation surges past ECB target on oil shock

Euro zone inflation soared past the European Central Bank's 2% target this month as surging oil and gas costs drove up headline

Euro zone inflation surges past ECB target on oil shock
Business|Economy|Finance|Stock Markets

Carlyle to buy majority stake in MAI Capital at over $2.8 billion valuation

MAI Capital Management said on Tuesday that funds managed by investment firm Carlyle Group will buy a majority stake in a deal valuing the wealth management firm at more than $2.8

Carlyle to buy majority stake in MAI Capital at over $2.8 billion valuation
Business|Economy|Political|World

Mongolia names new prime minister following stalemate in parliament

Mongolia's parliament on Monday confirmed Uchral Nyam-Osor as the nation's third prime minister in nine months, following his predecessor's resignation last week over

Mongolia names new prime minister following stalemate in parliament
Business|Economy|Finance|World

Canada reports modest economic growth in January

The Canadian economy eked out modest growth in January, with monthly gross domestic product rising slightly as strength in most goods-producing

Canada reports modest economic growth in January
Business|Economy|World

Wall St opens higher on Mideast de-escalation hopes; monthly losses loom

Wall Street's main indexes opened higher on Tuesday, as markets welcomed a report signaling potential de-escalation in the Middle East conflict that has set the S&P 500 and the

Wall St opens higher on Mideast de-escalation hopes; monthly losses loom
Economy|Finance|Political|US|World

Countries need to step up on Strait of Hormuz, says Hegseth

The United States has done the lion's share of the work in making Iran less of a threat and other countries now need to step up to reopen the critical

Countries need to step up on Strait of Hormuz, says Hegseth
Business|Economy|Finance|Political|Stock Markets

US lawmakers press SEC's top official over enforcement director's exit

Top U.S.

US lawmakers press SEC's top official over enforcement director's exit
Asia|Business|Economy|Travel

Pricier fuel hits Tokyo cherry blossom river cruises ​

A few dozen tourists hopped onto a small cruise boat in Tokyo to admire the cherry blossoms lining the Meguro River -- a seasonal

Pricier fuel hits Tokyo cherry blossom river cruises ​
Business|Economy|Finance|Food|Stock Markets|World

Why is Unilever hiving off its food business?

Unilever said on Tuesday it will merge its food business with spice maker McCormick in the second-largest food transaction in history, a deal that will

Why is Unilever hiving off its food business?