Author: franperez66q@protonmail.com
Chancellor Rachel Reeves is to reveal a £100m fare-free bus scheme designed to relieve cost-of-living pressures. Source link
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin and China’s President Xi Jinping tour a photo exhibition on Russia-China ties in Beijing on May 20, 2026. (Photo by Alexander KAZAKOV / POOL / AFP via Getty Images)Alexander Kazakov | Afp | Getty ImagesRussian President Vladimir Putin left Beijing Wednesday with declarations of enduring friendship with China and a stack of bilateral agreements — but without the energy pipeline breakthrough Moscow was eyeing, signaling the evolving geometry of a partnership that is increasingly tilting in Beijing’s favor.Little progress on gas dealThe two leaders failed…
The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies after Prime Minister Takaichi’s election win.Yevgen Romanenko | Moment | Getty ImagesJapan’s largest banks posted record annual profits in their latest financial results, but earnings growth could slow as credit costs rise and geopolitical risks cloud the outlook, analysts say.Mitsubishi UFJ Financial Group, the country’s largest lender, said net profit rose 30% from a year ago to 2.4 trillion yen for the fiscal year ended March 2026, a record high for the third consecutive year.Similarly, Sumitomo Mitsui Financial Group and Mizuho Financial Group…
Australia stocks higher at close of trade; S&P/ASX 200 up 1.47% Source link
Axial flux motors The four-door hatchback will launch in two variants, as usual a 55 and a 63. Both share the same hardware, though the former restricts output to “just” 805 hp (592 kW) and 1,328 lb-ft (1,800 Nm) of torque, while the latter bumps up to 1,153 hp (848 kW) and 1,475 lb-ft (2,000 Nm). All that shove comes courtesy of Mercedes-Benz’s wholly owned subsidiary, YASA, which last year announced a new world record for the most power-dense electric motor ever built. YASA’s axial e-motors can be found in McLarens, Lamborghinis, and Ferrari hybrids and in this application promise…
Wes Streeting is proposing reforms to capital gains tax, as part of his pitch for the Labour leadership. Source link
Customers shop at a Walmart store on May 13, 2026 in Chicago, Illinois. Scott Olson | Getty ImagesWith all eyes on the health of the U.S. consumer, Walmart’s fiscal first-quarter earnings report Thursday morning may offer Wall Street some of the best clues yet. The big box retailer is expected to report another quarter of growing sales and profits, but its commentary on consumer spending – if it’s seeing any pressure and where – could offer investors a view into the strength of the U.S. economy. Here’s what analysts expect Walmart to report for the quarter, according to consensus estimates from LSEG:Earnings…
Samsung shares soar as strike averted, but bonuses of $416,000 for some stoke concern Source link
Members of the Samsung Electronics labour union hold flags as they stage a mass rally demanding the removal of a cap on performance bonuses, outside the company’s foundry and semiconductor factory in Pyeongtaek on April 23, 2026. (Photo by Jung Yeon-je / AFP via Getty Images)Jung Yeon-je | Afp | Getty ImagesShares of Samsung Electronics jumped more than 6% on Thursday after its labor union suspended a planned 18-day strike late Wednesday, easing concerns over disruptions at the South Korean chipmaker.The union had said the strike would proceed after the government-mediated talks collapsed on Wednesday. However, another round of negotiations…
Available for over a yearBritish cryptocurrency investor and billionaire Christopher Harborne made headlines when it was revealed he gave £5million to Reform Party leader Nigel Farage before he was an MP. Last year Harborne also gave a single donation of £9m to Reform UK – the biggest ever donation to a UK political party by a living person. He has also previously donated to the Brexit Party and the Conservatives. Very little is known about the Cambridge-educated businessman, who is also known as Chakrit Sakunkrit. So how did he make his fortune? And why is he so interested in British…