Breaking 17:50 Dogecoin longs surge raises risk of liquidation cascade 17:00 TotalEnergies shifts $1 billion from offshore wind to U.S. oil and gas 16:20 Lyme disease vaccine shows over 70 percent efficacy in phase 3 trial 16:18 XBOW secures $120 million and integrates AI pentesting with Microsoft 15:54 Kandou AI raises $225 million to scale AI chip infrastructure 15:50 Morgan Stanley upgrades US LNG exporters after Qatar supply disruption 15:45 Grab expands beyond Southeast Asia with $600 million Taiwan deal 14:50 Astronomers map 12 billion years of a spiral galaxy’s evolution 14:30 DoorDash launches emergency support program as fuel prices surge for gig workers 14:20 US agencies ordered to patch iPhone flaws linked to DarkSword spyware 14:00 Italy seeks new gas supplies as Meloni visits Algeria amid Qatar disruptions 13:50 Crypto fear index plunges to extreme lows amid market selloff 13:20 Nikkei plunges nearly 5 percent as Middle East tensions rattle Asia 12:50 Dollar surges as Trump ultimatum to Iran nears deadline 12:20 Goldman Sachs raises oil forecasts as Hormuz crisis disrupts supply 11:50 KPMG introduces AI kill switches amid rising autonomous agent risks 11:20 Berkshire Hathaway buys $1.8 billion stake in Tokio Marine 11:17 Bitcoin rally could trigger $5 billion short squeeze near $75,000 11:10 “Like a woman” campaign promotes global recognition of female leadership 10:50 IAEA chief says war cannot eliminate Iran nuclear program 10:45 US stock futures drop as Middle East tensions shake rate-cut expectations 10:30 Taiwan opposition leader says improving China ties doesn’t mean being anti-US 10:20 Avian flu outbreaks surge globally as spring migration begins 10:15 Elon Musk announces ambitious AI chip manufacturing project 09:50 China urged to cut forex reserves and reduce US Treasury holdings 09:21 Global energy crisis surpasses 1970s shocks amid Iran standoff 09:20 Nvidia CEO criticizes AI layoffs as lack of vision 08:50 Helium shortage from Iran conflict disrupts global chip supply 08:37 Brent oil hits highest level since 2022 amid Iran conflict 08:15 China warns of ‘vicious cycle’ if Middle East conflict escalates 07:50 Gold extends sharp decline as rate cut hopes fade in March 07:15 Air Canada plane collides with vehicle at LaGuardia airport, traffic disrupted 07:00 Thailand faces deadline to erspond to U.S. Section 301 trade investigation


Markets rebound as Trump eases EU tariff threats

U.S. stock futures surged early Tuesday, signaling a sharp rebound from last week’s market decline. The S&P 500 rose about 1.4%, Nasdaq futures jumped 1.5%, and the Dow climbed more than 1%. The primary driver behind this rally was President Donald Trump’s announcement to postpone a planned......

EU and US Seek Urgent Trade Deal as Trump Delays Tariffs

European Commission President Ursula von der Leyen announced on Sunday that she had a productive phone conversation with U.S. President Donald Trump, leading to a temporary postponement of proposed tariffs on EU imports. Trump had recently threatened a 50% tariff on all goods coming from the European......

Trump proposes steep tariffs on the European Union and Apple products

US President Donald Trump has unveiled plans to significantly increase tariffs on imports from the European Union and on products from tech giant Apple. In a post on Truth Social, Trump announced a recommendation for a 50% tariff on goods from the EU, set to take effect on June 1. He expressed dissatisfaction......

China and US Ease Trade Tensions with Temporary Truce

A recent trade agreement between China and the United States, brokered in Geneva through Swiss mediation, has led to a temporary de-escalation of trade tensions. The deal includes a 90-day suspension of certain tariffs, aiming to restore mutual trust and explore future economic collaboration. Both nations......

G7 seeks unity beyond tariffs in Canada meeting

Finance leaders from the G7 nations will convene this week in Banff, Alberta, aiming to project unity on issues that go beyond U.S. President Donald Trump's recent tariff hikes. Their agenda includes economic security, support for Ukraine, collaboration on artificial intelligence, and backing for......

Trump’s tax cut bill clears key House committee vote

President Donald Trump’s comprehensive tax cut proposal has successfully passed a critical vote in a House committee, moving closer to a potential vote in the full House of Representatives later this week. This unusual Sunday night decision represents a significant victory for Trump and House......

China Eases Layoff Threat with Tariff Cuts but Job Market Still Struggles

BEIJING, May 16 (Reuters) – Liu Shengzun, a Chinese factory worker, lost two jobs in a single month as U.S. tariffs soared in April, forcing companies in Guangdong to slash production. Though a recent easing of tariffs has brought some relief, Liu has abandoned the industrial sector entirely, returning......

US tariff pause on China and its impact on global manufacturing hubs

A recent agreement between the United States and China to pause tariffs has shifted the dynamics for manufacturing hubs such as Mexico and Vietnam. These countries now face pressure to negotiate favorable trade deals with the U.S. to continue benefiting from the "China-plus-one" strategy used......

Us and China agree to reduce tariffs, signaling trade war pause

The United States and China have reached a historic agreement to significantly reduce tariffs on each other’s goods for a period of 90 days, marking a pivotal moment in their ongoing trade relations. This accord, announced by US Treasury Secretary Scott Bessent, emerged from negotiations held over......

Trump's trade war looms over Cannes film festival

Donald Trump's threat to impose tariffs on foreign-made films has sparked tensions between the European and American film industries, overshadowing the Cannes Film Festival this week. The US president's proposed 100-percent tariffs on movies "produced in foreign lands" have raised concerns......

US and China reach deal to reduce tariffs by 115% to resolve trade dispute

On Monday, the United States and China announced a breakthrough agreement aimed at easing tensions from their prolonged trade war, which has affected the global economy and financial markets. Following discussions with Chinese representatives in Geneva, US Treasury Secretary Scott Bessent revealed that......

US Beef Exports to Morocco Soar in Early 2025

During the first quarter of 2025, exports of US beef to Morocco experienced a remarkable 123% surge, driven by rising demand in emerging markets, according to data from the US Department of Agriculture (USDA) and compiled by the US Meat Export Federation (USMEF). March figures showed robust growth in......

Trump applauds 'total reset' in US-China trade talks

US President Donald Trump celebrated a "total reset" in US-China trade relations, ahead of the second day of talks between US and Chinese officials aimed at easing tensions caused by the US's aggressive tariff policy. In a Sunday Truth Social post, Trump praised the "very good"......

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