Author: franperez66q@protonmail.com
Asia stocks rise past Iran tensions on chips strength, US-China summit Source link
In this picture obtained from Iran’s ISNA news agency and taken on May 2, 2026, the Gambia-flagged tanker vessel Bili is pictured anchored in the Strait of Hormuz off Bandar Abbas in southern Iran. (Photo by Amirhossein KHORGOOEI / ISNA / AFP via Getty Images) / Amirhossein Khorgooei | Afp | Getty ImagesU.S. President Donald Trump rejected Iran’s counterproposal to end the 10-week war in the Middle East, calling it “totally unacceptable,” while Tehran vowed to “never bow,” prolonging a standoff that has choked the Strait of Hormuz and roiled global energy markets.”I have just read the response from Iran’s…
India’s Vedanta posts record annual profit; says demerger takes effect Source link
Maskot | Digitalvision | Getty ImagesSince the debut of OpenAI’s ChatGPT in 2022, and the subsequent AI revolution, workers across industries have been hit by sweeping layoffs.A new report published by IBM last week, however, shows that AI is also reshaping boardrooms and how CEOs make decisions.The report says 76% of the more than 2,000 organizations surveyed have established a new executive office — that of the chief AI officer (CAIO) — up from 26% in 2025.Analysts and experts have expressed concerns over the possibility of a labor crisis arising from the proliferation of AI across the corporate sphere.”AI is…
A shopper walks past a Coach retail store inside a shopping mall on March 24, 2026 in Shenzhen, Guangdong province, China. Cheng Xin | Getty ImagesChina’s consumer and producer inflation jumped more than expected in April as the Middle East conflict drives commodity costs higher. Consumer prices ticked up 1.2% in April from a year earlier, beating economists’ estimates of 0.9% growth in a Reuters poll, and accelerating from a 1% rise in March, according to data released by the National Bureau of Statistics on Monday. The producer price index jumped 2.8% from a year ago, exceeding economists’ forecast of…
Nintendo shares slump as price hikes, games shortfall spook market Source link
The prime minister will seek to reset his premiership in a speech on Monday. Source link
The Liberia-flagged crude oil tanker Shenlong Suezmax successfully docked at Mumbai Port after navigating the high-risk Strait of Hormuz amid the intensifying West Asia conflict on March 11, 2026 in Mumbai, India. Hindustan Times | Getty ImagesOil prices jumped Monday after Israeli Prime Minister Benjamin Netanyahu warned that the conflict with Iran was “not over,” raising fears that tensions in the Middle East could escalate again and further threatening energy supplies. U.S. President Donald Trump, meanwhile, rejected Iran’s counteroffer to end the war with the U.S. and Israel. “I have just read the response from Iran’s so-called “Representatives.” I don’t like it —…
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on October 30, with the US president predicting a “great meeting” but Beijing being more circumspect. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)Andrew Caballero-reynolds | Afp | Getty ImagesSINGAPORE – When U.S. President Donald Trump and China’s Xi Jinping meet in Beijing on Thursday, they…
A woman walks past a “Now Hiring” sign in front of a store on January 13, 2022 in Arlington, Virginia.Olivier Douliery | AFP | Getty ImagesRetailers are ramping up hiring this year, defying economic concerns as consumers keep shopping.The retail trades added nearly 22,000 jobs in April, accounting for almost one-fifth of total job growth, according to preliminary federal data released Friday. Nearly 15.5 million employees now hold retail industry jobs, the most since July 2024.Consumers have kept their wallets open in the face of war in Iran, higher gasoline prices, faster inflation and President Donald Trump’s tariff policy. Lately,…