How could Russia react to Finland, Sweden joining NATO

Russian President Vladimir Putin leaves Red Square after the Victory Day military parade in central Moscow on May 9, 2022. Kirill Kudryavtsev | Afp | Getty Images With Finland and Sweden both announcing their bids to join the Western military alliance NATO, ending a decades-long history of military non-alignment, all eyes are on Russia and … Read more

UK threatens to scrap parts of Brexit deal

Johnson will visit Northern Ireland on Monday to hold emergency talks. Daniel Leal | Afp | Getty Images LONDON — The UK government is again threatening to unilaterally override large parts of the Brexit deal agreed with the European Union, raising the prospect of a trade war amid a power-sharing crisis in Northern Ireland. UK … Read more

After the ‘hippie’ bus and Beetle, VW makes eyes at America once again

As Volkswagen looks to resurrect the Scout brand in the United States, CEO Herbert Diess has shed light on the decision, saying it represents an opportunity for the German auto giant to “become much more American.” VW announced plans to re-launch the Scout as a fully-electric pick-up and “rugged” SUV last Wednesday, with prototypes due … Read more

Covid lockdowns weigh on retail, industrial production data

The persistent spread of Covid and resulting stay-home orders — primarily in Shanghai — forced factories to close or operate at limited capacity in April. Pictured here on May 12 is a refrigerator factory in Hefei, China, about a five hours’ drive from Shanghai. Xi Chen | Visual China Group | Getty Images BEIJING — … Read more

Stock futures rise ahead of a big week of retail earnings

Traders on the floor of the NYSE, May 6, 2022. Source: NYSE Stock futures were higher Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retailers. Futures tied to the Dow Jones Industrial Average rose 89 points, or 0.3%, while S&P 500 … Read more

Amazon’s Bezos criticizes Biden over inflation tweet

Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis | Reuters Amazon founder Jeff Bezos took aim at President Joe Biden on Friday over a tweet that said inflation could be brought down by taxing wealthy corporations. Biden earlier in the day tweeted: … Read more

Finland will apply for NATO membership, president says

Finland’s Prime Minister Sanna Marin (L) and President Sauli Niinisto. Heikki Saukkomaa | Afp | Getty Images Finland will apply for membership of NATO, the country’s president said Sunday, in a historic move for the Nordic country, which has had a decades-long policy of military neutrality. In a press conference alongside Prime Minister Sanna Marin, … Read more

Oil giant Aramco reports record first quarter as oil prices soar

Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. Maxim Shemetov | Reuters Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO. The Saudi Arabian behemoth said net income rose 82% to … Read more

McConnell leads Senate delegation to meet with Zelenskyy in Ukraine

US Senate Minority Leader Mitch McConnell (R-KY), Senator Susan Collins (R-ME), Senator John Barrasso (R-WY) and Senator John Cornyn (R-TX) arrive for a meeting with Ukraine’s President Volodymyr Zelenskiy, as Russia’s attack on Ukraine continues, in Kyiv, Ukraine May 14, 2022. Ukrainian Presidential Press Service | Reuters US Senate Republican Leader Mitch McConnell led a … Read more

Elon Musk has wrong approach to count fakes, spam on Twitter: experts

Tesla CEO Elon Musk sent Twitter shares tumbling on Friday when he said he was going to put his $44 billion acquisition of the social network “on hold” while he researched the proportion of fake and spam accounts on the platform. Though Musk later clarified that he remains committed to the deal, he continued to … Read more