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May 6 (Reuters) – Daimler Truck, one of the world’s biggest truckmakers, on Wednesday said its operating profit more than halved in the first quarter, hit by historically weak demand and import tariffs in its key North American market. The company’s adjusted operating profit was 498 million euros ($583.56 million), compared with 1.08 billion last year. Daimler Truck’s performance reflects a sharp slowdown in North America, where sales fell by […]

By Joshua McElwee VATICAN CITY, May 6 (Reuters) – Pope Leo marks his first year leading the Catholic Church on Friday with a higher public profile and a ramped-up schedule, having grown more outspoken on the world stage and drawn the ire of U.S. President Donald Trump. The first U.S.-born pope, who sharply denounced war and despotism on a recent four-nation Africa tour, is expected to release his first in-depth […]

May 5 (Reuters) – Jeff Bezos’s space venture, Blue Origin, has outlined a new stock plan for employees in an attempt to put an end to staff unrest and make the incentives more competitive with rival SpaceX, the Financial Times reported on Wednesday, citing three people familiar with the matter. Bezos’s efforts to make staff incentives more competitive come on the back of an intensifying rivalry between Blue Origin and Elon […]

A look at the day ahead in European and global markets from Gregor Stuart Hunter Global stocks were at record highs on Wednesday as some of Asia’s biggest markets returned from a holiday in euphoric mood and resumed ramping up AI-related trades. A rally in semiconductor shares sent South Korea’s benchmark KOSPI index above 7,000 points in a historic first as the Seoul market reopened, with Samsung Electronics up 13% […]

HONG KONG (AP) — On a recent weekday, around 50 people gathered outside the headquarters of a Chinese mobile internet company, waiting to get help with installing an artificial intelligence assistant. The scene in Beijing, China’s capital, was repeated for days at several events and was also seen in the southern technology hub Shenzhen in March, as engineers helped crowds trying to set up the popular AI “agent” OpenClaw on […]

WELLINGTON, New Zealand (AP) — An Australian man accused of killing 15 people in a massacre at a Hanukkah celebration at Sydney’s Bondi Beach will face 19 more charges related to the attack, officials said Wednesday. Naveed Akram was already charged with 59 counts including murder, attempted murder and committing a terrorist act after two gunmen opened fire on the Jewish holiday event in December 2025. He hasn’t yet been […]

WASHINGTON (AP) — White House officials are pressing China to use its influence with Iran to open the Strait of Hormuz just days before President Donald Trump and Chinese President Xi Jinping’shighly anticipated summit in Beijing. Secretary of State Marco Rubio called on Chinese officials to use Iranian Foreign Minister Abbas Araghchi’s visit to China to urge Tehran to release its chokehold on the critical waterway. Chinese Foreign Minister Wang […]

SEOUL, May 6 (Reuters) – South Korean shipper HMM said on Wednesday it had secured a vessel to tow a bulk carrier it operates to a port in Dubai after an explosion and fire damaged the ship, which had been stranded in the Strait of Hormuz. U.S. President Donald Trump blamed the incident on an Iranian attack, while South Korea’s Foreign Ministry said the cause of the fire would only […]

May 5 (Reuters) – Data center company Stack Infrastructure, owned by Blue Owl Capital, is considering options, including a sale of its Asia operations in a deal valued at over $30 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. The Denver-based firm provides digital infrastructure solutions to companies and has a network of data centres across key locations in the Asia pacific including Tokyo, according to […]