Author: Editor-In-Chief
Hanelore Förster | Bloomberg | Getty ImagesLONDON — European stock markets rose on Thursday as investors digested the latest coverage of the Iran war and monitored a slew of corporate earnings and central bank decisions.pan-european Stocks 600 The index rose 0.7% in London by 1:10 p.m. (8:10 a.m. ET), reversing early losses as major stock exchanges were mixed and most regional sectors turned positive.Media stocks led the decline, falling 1.9%, while mining stocks rose 1.3%.Earlier, Brent crude oil hit a wartime high of more than $126 a barrel after reports that the U.S. military would brief President Donald Trump on…
Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco on April 9, 2019.Michael Short | Bloomberg | Getty ImagesThe top three cloud infrastructure providers all beat analysts’ expectations in their earnings reports late Wednesday; google was outstanding, recording the fastest growth rate in history. Google is chasing Amazon Web services and microsoft Azure in the public cloud market is booming as demand for access to artificial intelligence models and services skyrockets. All three vendors offer a suite of tools for building and running a company’s products, and they also offer many proprietary AI models…
Cole Thomas Allen’s courtroom sketch.Provided by: Dana VerkouterenCole Thomas Allen told a judge on Thursday at the White House Correspondents’ Association dinner last Saturday night that he is waiving for now his right to challenge his stay in prison on charges of attempting to assassinate President Donald Trump.Allen’s waiver was a reversal of his defense team’s request, announced in a court filing Wednesday night, to be released on bail pending trial.”He accepts custody at this time,” Allen’s attorney, Tejira Abe, told Judge Mokshila Upadhyaya during a hearing Thursday in the U.S. District Court for the District of Columbia. Abe said…
Diego Simeone’s tactical changes saw Atletico Madrid regain control against Arsenal at the Metropolitano Stadium. His switch to a back five at half-time baffled the visitors. However, his match analysis focused on another factor.”I think you could see some of the fatigue that they had accumulated from so many games, so much pressure and the responsibility of having to win the Premier League and the Champions League,” the manager said at the post-match press conference. “All of those things added up. And in the second half, especially in the final third, we started to play better. We created more chances.…
Elon Musk’s X is still trying to lure advertisers back, but this time it’s a reimagined AI-powered ad platform that began rolling out Thursday. The tech company initially struggled to grow advertising revenue during the first few years of the Musk administration, leading it to shift its focus to other monetization channels such as AI and subscriptions. However, prediction According to eMarketer, X’s advertising business has been on the upswing recently, with estimated ad revenue of $2.26 billion in 2025 and growing. This is only half the size of Twitter’s ad business in 2021, but it’s heading in the right…
Israeli soldiers secure the opening of a tunnel near the border with Israel in the northern Gaza Strip on December 15, 2023. Amir Levi | Getty ImagesEarlier this month, the Bank of Israel cut its growth forecast for this year, citing conflicts in the Middle East.But surprisingly for a country that has been on an effective war footing for almost three years, the central bank still expects Israel’s economy to grow by 3.8% in 2026, even after the 1.4 percentage point downgrade.And the bank’s president, Amir Yaron, told CNBC on April 16 that Israel’s economy could rebound to 5.5% next…
U.S. Defense Secretary Pete Hegseth made his first appearance on Capitol Hill since the conflict broke out, clashing with U.S. lawmakers over the cost of the war against Iran. The conflict is now in its third month.The Pentagon said at a House Armed Services Committee hearing on Wednesday that the United States spent $25 billion on the war against Iran, mostly to maintain munitions and equipment.But Democratic leaders and several economists believe that number is a significant underestimate. They say the actual cost to the U.S. economy and the country’s 330 million people could reach between $630 billion and $1…
london — “If you are visibly Jewish, you are not safe” in Britain, the country’s chief rabbi said on Thursday, expressing the fears of Britain’s Jewish community after two men were stabbed in a London suburb already reeling from several recent anti-Semitic attacks. “Unfortunately, today’s events prove that you are not safe if you are visibly Jewish and that much more needs to be done,” Ephraim Mirvis told the BBC. “For the past few days people have been thinking ‘Chas Beshalom’ God forbid. Where will it be next?” he added in a post about X. In Wednesday morning’s attack in…
LIV Golf announced a big restructuring at board level on Thursday, with Saudi Arabia set to remove future funding of the rebel golf league. So what does the future hold for LIV and its players?Saudi Arabia’s Public Investment Fund (PIF) has funded the circuit since its launch, with their investment understood to be over $5billion (£3.7bn) since its opening event in June 2022. But that funding is to be removed at the conclusion of the 2026 season, with the league already searching for new investment. Despite CEO Scott O’Neil asserting that LIV’s scheduled events will continue “full throttle”, Sky Sports…
Volkswagen logo on the rear of an ID.7 electric car at the Volkswagen electric car factory in Emden, Germany, February 24, 2026.Focke Strangman | Getty Images News | Getty ImagesGerman car giant volkswagen on Thursday warned of further cost-cutting measures after reporting lower-than-expected first-quarter profits, citing rising U.S. tariffs and increased competition from Chinese car brands.Europe’s largest carmaker posted operating profit of 2.5 billion euros ($2.92 billion) in the first three months of this year, down 14.3% from a year earlier and below analysts’ expectations of nearly 4 billion euros, according to consensus compiled by LSEG.Sales were 75.66 billion euros,…