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A look at the day ahead in European and global markets from Stella Qiu Is the penny finally dropping for investors in stocks? The bond market has been sounding the alarm for weeks – runaway inflation means rate hikes are firmly back in play. The AI-fuelled rally looks like it’s running out of road. Wall Street may have scaled fresh highs, helped along by a 4% pop in Nvidia as […]

SYDNEY, May 15 (Reuters) – Australian citizens who were on a Dutch-flagged luxury cruise ship hit by a deadly hantavirus outbreak returned home on Friday and will isolate for at least three weeks at a quarantine facility. Four Australian citizens, a permanent resident and one resident of New Zealand landed at an Australian air force base near Perth in Western Australia on a government-chartered flight, local media reported. Federal Health […]

BEIJING, May 15 (Reuters) – U.S. President Donald Trump said on Friday he discussed Iran with Chinese President Xi Jinping and that they do not want Iran to have nuclear weapons and “want the straits open”. The two leaders met at the walled-off Zhongnanhai complex in Beijing as Trump wraps up his state visit to China.  “We’ve settled a lot of different problems that other people wouldn’t have been able […]

U.S. President Donald Trump wraps up his visit to Beijing on Friday with a private meeting at Chinese leader Xi Jinping’s official residence before he departs for Washington. During a series of meetings and events on Thursday the two discussed divisive issues such as the Iran war, trade, technology and Taiwan. During those meetings, Trump said Xi told him China wants to help negotiate an end to the war and […]

HONOLULU (AP) — Hawaii’s Democratic governor on Thursday signed into law a bill that uses a novel approach to reduce the influence of corporations and hard-to-track “dark money” groups that have been able to spend unlimited amounts on politics since a 2010 U.S. Supreme Court ruling. The law, which takes effect July 1, 2027, redefines corporations in a way that precludes spending on elections. A volunteer group in Montana is […]

NEW YORK (AP) — The U.S. government has agreed to settle a lawsuit filed against one of the world’s richest people who is accused of duping investors by concealing that his company’s huge solar energy project in India was being facilitated by an alleged bribery scheme, according to court filings published Thursday. In the lawsuit filed in late 2024, the Securities and Exchange Commission accused Indian billionaire Gautam Adani and […]

A small medical plane crashed in a mountain range outside Ruidoso, New Mexico, before dawn Thursday, killing all four people aboard and sparking a wildfire in the surrounding forest, officials said. The fire had grown to 35 acres (14 hectares) by midday amid dry, windy conditions, according to Lincoln County Manager Jason Burns. Burns said county officials were “very concerned” about the blaze and local agencies were working with the […]

May 15 (Reuters) – A Ukrainian drone attack killed three people in the central Russian city of Ryazan, damaged high-rise apartment buildings and hit an industrial enterprise, Regional Governor Pavel Malkov said early on Friday. “To our great regret, three people have been killed and 12 injured, including children,” Malkov wrote on the Telegram messaging app. Malkov said the drones damaged two high-rise apartment blocks. He said debris from falling […]

By Christina Amann and Rachel More BERLIN, May 15 (Reuters) – Top labour representatives at Volkswagen said they would not allow plants to be closed, while remaining open to proposals to secure the future of under-used production sites in Germany, according to a joint statement to Reuters on Friday. Volkswagen is looking to cut excess capacity in its German production network without resorting to factory closures – something ruled out […]