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Factbox-Airlines cancel flights in response to Middle East conflict Source link
MUNICH, GERMANY—Think about every fast Porsche you’ve ever seen on the road—the ones with big wings, bold colors, and wide wheels. Now get ready for an uncomfortable fact: None of them had more horsepower than the SUV you see pictured here. This is the new Cayenne Turbo Coupe, a fastback, dual-motor, upgraded version of Porsche’s electric SUV. It makes a whopping 1,139 hp (850 kW) and 1,106 lb-ft of torque (1,500 Nm), enough to drive this 5,637 lb (2,557 kg) machine and its 113-kilowatt-hour battery pack from zero to 60 mph (97 km/h) in 2.4 seconds. That makes it not…
Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.The number of countries participating in a Czech-led initiative to buy ammunition for Ukraine has halved since Prime Minister Andrej Babiš returned to office in December on a pledge not to make Czech citizens pay for Ukraine’s weapons.Only nine countries are now funding the initiative, down from as many as 18 last year, according to Czech President Petr Pavel, a former Nato commander. The trend is raising concerns over burden sharing and the future of a project launched by the previous…
Yields on U.K. government bonds fell to five-week lows on Tuesday as investor concerns about political developments eased and optimism for a U.S.-Iran peace deal helped scale back expectations for interest rate hikes. The yield on the benchmark 10-year bond, or gilt, stood at 4.85% on Tuesday, having eased by around 30 basis points in a relief rally on Friday. The interest rate on the 30-year gilt also fell over 30 basis points last week and continued easing on Tuesday to 5.552%. Yields spiked to multi-decade highs in recent weeks after a set of disastrous nationwide local election results for the governing…
Outlook Therapeutics stock surges after winning FDA appeal Source link
John Swinney will ask Parliament to formally request the transfer of powers from the UK government to allow a referendum on independence. Source link
Eli Lilly on Tuesday announced plans to acquire three companies for almost $4 billion in cash, as it looks to expand its research and development business into infectious diseases.The company said it had agreed deals to buy Curevo, LimmaTech Biologics and Vaccine Company for $1.5 billion, $780 million and $1.55 billion, respectively. Shares of Eli Lilly rose 1.3% in premarket trading on the news.”These acquisitions reflect a deliberate strategy to prevent disease at its source rather than treat its consequences,” Daniel M. Skovronsky, chief scientific and product officer and president, said in a statement.This is breaking news story, please refresh…
Applied Aerospace to raise up to $682.5M in NYSE IPO Source link
The sentences of boys spared custody over the rape of two girls in Hampshire will be referred to the Court of Appeal, the prime minister has said. Source link
Traders work on the floor of the New York Stock Exchange during morning trading on April 17, 2026 in New York City. Michael M. Santiago | Getty ImagesStock futures rose Tuesday as traders weighed the prospects of a potential U.S-Iran deal being reached to end the war. Dow Jones Industrial Average futures popped 234 points, or 0.5%. S&P 500 futures gained 0.7%, and Nasdaq-100 futures advanced 1.1%. U.S. stock markets were closed Monday due to the Memorial Day holiday.President Donald Trump said Monday that talks with Iran to end the war were “proceeding nicely.” That said, he did warn the…