News

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Tue, 14 Apr 2026 21:35:04 GMT

U.S State Tax Divide

U.S States are pushing competing tax plans, with blue states targeting billionaires while red states slash income rates. Experts warn that aggressive wealth taxes could accelerate the exodus to low-tax havens like Florida and Texas.

Tue, 14 Apr 2026 21:30:04 GMT

Hezbollah Rejects Peace Talks

Hezbollah leader Naim Qassem urged the Lebanese government to boycott scheduled talks with Israel in Washington.

Tue, 14 Apr 2026 18:30:06 GMT

Giannandrea Exits Apple

John Giannandrea officially leaves Apple this week following his April 15 stock vesting date, ending his tenure as AI strategy head.

Tue, 14 Apr 2026 15:30:12 GMT

ARK's Portfolio Pivot

Cathie Wood's ARK Invest bought $11.15 million in Palantir shares while offloading $10.52 million of AMD. The firm also continued its week-long sell-off of Strata Critical Medical, signaling a strategic shift toward Palantir across its multiple ETFs.

Tue, 14 Apr 2026 12:30:07 GMT

Spanish Pension Fund Hits 10-Year High

Spain's Social Security Reserve Fund reached €15.267B in March 2026, its highest level in a decade, boosted by the Intergenerational Equity Mechanism, pensions have grown by over €13.1B since 2019, significantly bolstering the long-term sustainability of the national pension system.

Tue, 14 Apr 2026 11:18:02 GMT

Bitcoin's $75K Breakout

Bitcoin surged to four-week highs above $74,000, bringing a critical Technical volatility release point at $75,000 into focus.

Tue, 14 Apr 2026 11:10:05 GMT

7-Eleven's Massive Reshuffle

7-Eleven will shutter 645 stores this fiscal year as it pivots toward a food-forward model to compete with rivals like Wawa and Buc-ee's.

Tue, 14 Apr 2026 10:31:16 GMT

Lufthansa Strike Extension

Lufthansa strikes will stretch through Thursday as flight attendants join pilots in a renewed walkout. Major hubs like Frankfurt and Munich face massive cancellations, with Northern German airports also hit hard.

Tue, 14 Apr 2026 09:30:07 GMT

United Airlines Fare Hikes

United raised bag fees to $45 and cut 5% of summer flights as jet fuel prices doubled since the Iran war began. The airline is also rolling out tiered premium fares, stripping certain perks from the lowest business-class tiers to manage rising operational costs.

Tue, 14 Apr 2026 08:09:40 GMT

Peter Magyar's Landmark Win

Peter Magyar led the centre-right Tisza party to a landslide victory in Hungary, securing 138 seats and a two-thirds majority.

Tue, 14 Apr 2026 06:30:05 GMT

McDonald's Beverage Revamp

McDonald's is adding Red Bull energy drinks and crafted sodas, including a Dirty Dr Pepper, to its U.S. menus starting next month.

Tue, 14 Apr 2026 03:30:05 GMT

Japan Hints at Yen-Boosting Hike

Trade Minister Ryosei Akazawa suggested the Bank of Japan could raise rates this month to strengthen the yen and offset soaring energy costs.

Mon, 13 Apr 2026 21:30:07 GMT

Europe's Electric Vehicle Boom

Fuel prices hitting €2.50 a liter in Germany have triggered a surge in EV interest across Europe.

Mon, 13 Apr 2026 18:30:05 GMT

Ackman's $64B Universal Bid

Bill Ackman's $64 billion bid for Universal Music Group depends on the approval of billionaire Vincent Bollore, who controls a 32% stake.

Mon, 13 Apr 2026 15:30:05 GMT

US Blockades Iranian Ports

The U.S. military will begin a maritime blockade of all Iranian ports today after weekend talks in Islamabad failed to reach a deal.

Mon, 13 Apr 2026 12:30:04 GMT

Orban Ousted in Hungary

Viktor Orban's 16-year rule ended as Peter Magyar's centre-right Tisza party won a landslide two-thirds majority in a record-turnout election.

Mon, 13 Apr 2026 12:18:55 GMT

Super Micro Internal Probe

Super Micro launched an independent investigation after two employees and a contractor were indicted over server sales to China.

Mon, 13 Apr 2026 09:30:07 GMT

Glencore's Aluminum Expansion

Glencore acquired a 45% stake in a South Carolina aluminum recycling plant to secure its U.S. supply chain amid Middle East conflict disruptions.

Mon, 13 Apr 2026 06:30:05 GMT

More Free Trade Zones Established

China expanded its pilot free trade zones to 23 with the new Inner Mongolia Pilot FTZ. The 119.74 sq km zone across Hohhot, Manzhouli, and Erenhot aims to boost northward trade and logistics.

Mon, 13 Apr 2026 03:30:06 GMT

China PPI Ends Slide

PPI rose 0.5% in March, ending a 41-month drop. AI and commodity demand fueled the first YoY gain in 3 years as costs rebounded.

Fri, 10 Apr 2026 21:30:10 GMT

American Hikes Bag Fees

American Airlines raised checked bag fees, with steeper hikes for basic economy, amid soaring jet fuel costs. New airport fees hit $50 for standard tickets and $55 for basic economy starting May 18.

Fri, 10 Apr 2026 18:30:05 GMT

xAI Sues Over Colorado AI Law

Elon Musk's xAI filed a lawsuit to block Colorado's new AI regulations, arguing they violate free speech and force the Grok model to adopt state-aligned biases.

Fri, 10 Apr 2026 15:30:05 GMT

TSMC Q1 Revenue Surge

TSMC's Q1 revenue jumped 35%, beating market forecasts on the back of surging AI chip demand. The results, driven by clients like Nvidia, as AI interest continues to offset weaker consumer electronics sales.

Fri, 10 Apr 2026 12:30:06 GMT

AI Cyber Risk Warning

Treasury and Fed chiefs warned bank CEOs that Anthropic's Mythos AI can exploit major cyber flaws. Access is restricted to 40 firms to mitigate global risks.

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