Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and were disrupting its supply chain. Apple expects US tariffs to cost $900 million in the current quarter, even though their impact was “limited” at the start of this year, chief executive Tim Cook said on an earnings … Read more
Firefighters installed the chimney atop the Sistine Chapel on Friday which will emit white smoke to signal the election of a new pope as preparations proceed just five days before cardinals gather for the conclave. Some 133 Catholic cardinals will gather below Michelangelo’s famed frescoes in the 15th-century chapel, situated inside the Apostolic Palace at … Read more
Futures for Canada’s main stock index surged on Friday, tracking gains in global equities as signs of potential trade talks between the U.S. and China lifted investor mood. The TSX Composite Index declined 46.13 points to close Thursday at 24,795.55. June futures were up 0.7% Friday. The Canadian dollar took on … Read more
Michael Rustom is a tech consultant and sales strategist with 30 years of experience in helping businesses streamline their operations through customized IT systems. Over the years, Rustom has worked with businesses in mining, government, and financial technology (Fintech), where he has worked on optimizing efficiencies and security. As a private IT consultant, Rustom knows … Read more
In signing a minerals deal, Ukraine has found a new way to tie the United States to its future, but it remains to be seen if it can guarantee long-term support from mercurial President Donald Trump. Two months after President Volodymyr Zelensky was unceremoniously kicked out of the White House following an on-camera clash with … Read more
Advertisment S&P 500 futures rose early Friday as investors cheered China’s announcement that it is evaluating the possibility of starting trade negotiations with the U.S. Futures for the Dow Jones Industrials popped 171 points, or 0.4% to 41,026. Futures for the much broader index gained 20.5 points, or 0.4%, to 5,643.75. … Read more
The U.S. Justice Department is suing the states of New York, Vermont, Michigan, and Hawaii over state climate actions it described as unconstitutional. The DOJ on Thursday filed complaints against the states of New York and Vermont over their “climate superfund laws.” In separate actions, the Justice Department … Read more
Australian Prime Minister Anthony Albanese says he has a “mountain to climb” in elections Saturday, despite leading the opinion polls, in a contest swayed by living costs and Trump tariffs. Surveys give Albanese’s left-leaning Labor Party a narrow lead over the conservative opposition on a two-party preferred basis. If they are right, Albanese, 62, could … Read more
Gold prices were poised for their worst weekly performance in more than two months on Friday as receding trade tensions tempered safe-haven demand, while the market’s focus shifted to the U.S. non-farm payrolls report, due later in the day. Spot gold was steady at $3,239.15 U.S. an ounce late … Read more
Asia-Pacific markets rose after China said that it was evaluating possible trade talks with the U.S. Markets in the region also trailed gains on Wall Street after all three key benchmarks advanced overnight on optimism that a slowdown in the global economy will not impede the progress of developments in artificial intelligence. … Read more