Author: Daniel snow
A Trump executive order is undermining the International Criminal Court’s work to pursue justice for crimes against humanity. Source link
Mayor of London Sadiq Khan hopes to convince U.S. tech firms to invest more in London.Leon Neal | Getty Images”London is back,” the capital’s Mayor Sadiq Khan told CNBC on Wednesday, laying out his ambition to attract investors, visitors and students who are looking for an alternative to the U.S amid an uncertain Trump 2.0 era.”At a time of growing international instability, at a time when there are, let’s be frank, choppy political waters in the U.S., we’re that rare thing — somewhere that’s stable, that’s open, that’s diverse. A brilliant environment for innovation, creativity and business,” the mayor of…
In an era wound tight with urgency, Journalism, who moves with patience and lets the chaos pass, is the horse we didn’t know we needed. Source link
People walk past Reserve Bank of India signage in front of an installation stall at Global Fintech Fest in Mumbai, India, on Aug. 28, 2024.Indranil Aditya | Nurphoto | Getty ImagesIndia’s central bank delivered an outsized cut to its benchmark policy rate, bringing it to 5.5% from 6%, its lowest level since August 2022.This also marks a third straight rate cut since February, and comes below the median estimates of 5.75% in a Reuters poll.The decision comes after a better-than-expected GDP growth figure in its fiscal fourth quarter, with the economy expanding 7.4% year-on-year compared to the 6.7% estimated by…
Asia FX muted amid US trade uncertainty; dollar struggles ahead of payrolls data Source link
U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | ReutersDonald Trump and Elon Musk seemed inseparable not so long ago: attending events together, doing joint interviews and showering praises on each other. All that changed overnight.Trump and Musk traded barbs in a rather public feud, with the U.S. president threatening to pull back billions of dollars in government contracts for Musk’s companies, while the Tesla CEO suggested Trump could not have won the election without him.The hostilities began when Trump…
Truist analysts say they believe Dollar Tree and other retailers have done a better job staying flexible on where they get products. Source link
Omada Health virtual health program.Courtesy: Omada HealthOmada Health priced its IPO at $19 per share on Thursday, in the middle of the expected range.The virtual chronic care company said in a press release that 7.9 million shares are being sold in the offering, amounting to $150 million.Omada, founded in 2012, will trade on the Nasdaq under the ticker symbol “OMDA.” The company filed its initial prospectus in May and updated the document with an expected pricing range of $18 to $20 per share. At the IPO price, Omada is worth about $1.1 billion, though that number could be higher on a fully diluted…
BOJ should continue to tighten policy, US Treasury says Source link
Broadcom on Thursday night reported strong quarterly results and offered upbeat comments on the expected growth of its key artificial intelligence business. While profit-takers are pushing the stock down in extended trading, there is little cause for concern. Revenue in Broadcom’s fiscal 2025 second quarter increased 20% year over year to $15 billion, slightly ahead of the consensus forecast of $14.99 billion, according to estimates compiled by LSEG. Adjusted earnings per share increased 44% from the year-ago period to $1.58, also outpacing expectations of $1.56, LSEG data showed. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) grew 35% year…