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A court has ruled the UK does not need to pay Rwanda after the UK pulled a deal between the two countries. Source link
Shoppers enter and exit a Dior luxury boutique in Venice, Italy, on Nov. 16, 2025.Michael Nguyen/NurPhoto via Getty ImagesThe retail industry emerged from a choppy first quarter relatively unscathed, but higher than usual tax refunds and an uptick in buy now, pay later use likely helped to buoy spending.As Wall Street looks ahead to the second quarter, the period could offer a clearer view on consumer health and just how much high gas prices and persistent inflation have disrupted the economy and pressured already-strained household budgets. “Once you got through April and May, you’re really not seeing the impact of tax…
UN labour agency starts final talks on employment standards for gig workers Source link
Japanese stocks still have room to climb even after this year’s blistering rally, according to Goldman Sachs, citing stronger corporate earnings, rising shareholder returns and renewed foreign inflows as reasons for further gains. The bank raised its 12-month target for the Topix index to 4,400 from 4,200, which marks an upside of more than 11% from current levels, even after the TOPIX hit a record high last Friday. The Topix, or Tokyo Stock Price Index, is a broad measure of Japanese equities that tracks domestic companies listed on the Tokyo Stock Exchange. Goldman said the more bullish outlook followed a…
Global smartphone market faces record annual decline as chip crunch worsens Source link
The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on Nov. 21, 2025.Kazuhiro Nogi | AFP | Getty ImagesJapan’s SoftBank Group plans to invest 45 billion euros ($53 billion) over the next five years to build artificial intelligence infrastructure in France, the company said on Sunday. The tech giant said the commitment is part of a 75-billion-euro program to roll out 5 GW of AI data center capacity in France.It comes after Softbank overtook Toyota to become Japan’s most valuable company by market cap, according to FactSet data.Softbank said Saturday that the initial phase of the…
The stock market saw the S&P 500 notch its ninth straight weekly gain, while the Nasdaq added its eight gain in nine weeks. Distribution days remain low: two each on the Nasdaq and S&P 500. During the month of May, three of IBD’s industry groups rose more than 40%. The computer hardware and peripherals group gained 69%. Solar stocks collectively… Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link
American AI company Runway is planning a major expansion in London, CNBC has learned, following in the wake of Anthropic and OpenAI as U.S. tech companies increasingly look to tap into commercial and talent opportunities in the city. Runway, which is building world models, on Monday exclusively told CNBC that the company plans to make London its new European headquarters and will invest more than $200 million into the U.K.’s AI ecosystem by the end of 2028.The company most recently raised $315 million in a Series E, featuring General Atlantic, AMD Ventures and Nvidia, resulting in a $5.3 billion valuation.”London…
Reforms to the NHS records system could result in 20,000 fewer visits to A&E annually, according to government projections. Source link
US President Donald Trump waves as he returns to the White House in Washington, DC, on May 31, 2026 after golfing at his Trump National Golf Club in Sterling, Virginia.Brendan Smialowski | Afp | Getty ImagesU.S. President Donald Trump on Monday lashed out at critics as a potential agreement with Iran remains elusive, saying that Tehran “really wants to make a deal” and that it will be a good one for the U.S. and its allies. His comments come as air strikes between the U.S. and Iran resumed over the weekend, with each side claiming to have hit military targets…