China has warned it will take retaliatory action if the European Union does not revise sweeping new industry and technology rules, sharply escalating tensions between two of the world’s largest economic blocs at a sensitive moment for global trade.
Michelin reported a decline in first-quarter sales due entirely to currency headwinds, but still managed to outperform market expectations—signaling resilience in its underlying business despite a challenging macroeconomic environment.
Universal Music Group is moving to unlock billions in capital by selling part of its stake in Spotify, even as currency pressures weighed on its latest quarterly results—highlighting a strategic shift in how the world’s largest music label is balancing growth and shareholder returns.
UAE leaves OPEC after 60 years. Analysts eye Kazakhstan, Nigeria, Venezuela as possible next exits.
China has warned it will take retaliatory action if the European Union does not revise sweeping new industry and technology rules, sharply escalating tensions between two of the world’s largest economic blocs at a sensitive moment for global trade.
Michelin reported a decline in first-quarter sales due entirely to currency headwinds, but still managed to outperform market expectations—signaling resilience in its underlying business despite a challenging macroeconomic environment.
Universal Music Group is moving to unlock billions in capital by selling part of its stake in Spotify, even as currency pressures weighed on its latest quarterly results—highlighting a strategic shift in how the world’s largest music label is balancing growth and shareholder returns.
UAE leaves OPEC after 60 years. Analysts eye Kazakhstan, Nigeria, Venezuela as possible next exits.
Oil prices hit 1-month high as Trump extends Iran blockade. Supply fears grow.
Musk tells court OpenAI strayed from nonprofit roots, calling it “looting a charity” in high-stakes AI trial.
US car prices now equal five Chinese EVs, highlighting a growing global gap in affordability and auto industry dynamics.
Shares of Spotify fell sharply after the company warned that its aggressive spending plans will weigh on profits, even as growth slows in its core markets of Europe and North America—raising fresh concerns about the sustainability of its business model.
Shares of major artificial intelligence-linked companies, led by Oracle and CoreWeave, fell sharply on April 28 after reports revealed slowing growth at OpenAI, raising fresh doubts about the sustainability of the AI boom. The selloff highlights how tightly investor confidence in the broader AI ecosystem is tied to OpenAI’s performance.
The United Arab Emirates (UAE) has announced it will leave the Organization of the Petroleum Exporting Countries (OPEC) effective May 1, 2026, in a move that delivers a significant blow to the world’s most influential oil producers’ group and signals a shift in global energy power dynamics.
