Russia Stocks End Flat as Oil and Gold Prices Rise

Russian stocks closed mostly flat on Saturday, with the MOEX Russia Index ending the day unchanged at 0.00%. Investor sentiment was mixed as gains in select energy stocks were offset by declines in others. Surgutneftegas...

China Faces Continued Deflation Amid Trade Tensions and Weak Domestic Demand

Chinas consumer prices fell for the third consecutive month in April, underscoring persistent deflationary pressures as the economy struggles with a property slump, weak consumer confidence, and trade tensions with the...

ECB’s Schnabel Warns Against Further Rate Cuts Amid Inflation Risks

European Central Bank (ECB) board member Isabel Schnabel cautioned against additional interest rate cuts, warning that inflation could exceed the ECBs 2% target in the medium term due to rising global price pressures....

Treasury Secretary Warns of U.S. Debt Default Risk Without Congressional Action

U.S. Treasury Secretary Scott Bessent has urged Congress to raise the federal debt ceiling by mid-July to prevent a potential default that could disrupt global financial markets. In a letter to lawmakers on Friday, Bessent...

Colombia Grants Asylum to Panama’s Ex-President Ricardo Martinelli Amid Legal Turmoil

Colombia has officially granted political asylum to Panamas former President Ricardo Martinelli, who has faced mounting legal troubles in his home country. The Colombian Foreign Ministry announced the decision on Saturday,...

Putin Proposes May 15 Peace Talks with Ukraine in Turkey, Trump Welcomes Initiative

Russian President Vladimir Putin has proposed direct peace talks with Ukraine to be held in Istanbul on May 15, aiming to end the war that began in February 2022. Putin said the negotiations would focus on long-term peace...

Japan PM Ishiba Pushes for Zero Tariffs in U.S. Trade Talks

Japanese Prime Minister Shigeru Ishiba emphasized his commitment to eliminating all tariffs in ongoing trade negotiations with the United States. Speaking on Fuji Television, Ishiba stated that bilateral discussions are...

Newark Mayor Ras Baraka Arrested at ICE Detention Center Amid Tensions

Newark Mayor Ras Baraka, a Democrat and gubernatorial candidate, was arrested Friday outside Delaney Hall, a privately operated ICE detention facility in Newark, New Jersey. The arrest occurred during an unannounced visit...

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy

Nvidia Tops Fund Holdings Despite Semiconductor Sector Underweighting

Nvidia Corp. (NASDAQ: NVDA) remains the most widely held semiconductor stock among U.S. active fund managers, according to April data from BofA Securities. The chipmaker was included in 73% of fund portfolios, marking a...

Pinterest Stock Surges 12% on Strong Revenue Forecast and AI Ad Strategy

Pinterest (NYSE:PINS) shares surged over 12% in premarket trading Friday after the companys upbeat quarterly revenue forecast eased concerns over ad spending amid global economic uncertainties. The image-sharing platform...

SMIC Eyes Tariff Impact Amid Uncertain Q2 Outlook

Semiconductor Manufacturing International Corporation (SMIC), Chinas top chip foundry, is closely watching the impact of tariffs on customer demand, according to co-CEO Zhao Haijun. Speaking during an earnings call on...

Apple’s AI Search Push Threatens Google’s $20B Safari Deal

Apple is reportedly planning to add AI-powered search options to its Safari browser, posing a major threat to Googles dominance in online search. The move signals a potential end to Googles exclusive deal as Safaris...