Page 1410 - World News

Trump's plea to delay hush-money trial until SC rules on immunity rejected

Lawyers for the presumptive Republican nominee had asked to adjourn the New York trial indefinitely until Trump's immunity claim in his Washington, D C, election interference case is resolved

Baltimore bridge cleanup: Maritime terminal prepares for redirected ships

Work continues to open a third channel that will allow larger vessels to pass through the bottleneck and restore more commercial activity

Tesla's sales drop, a sign that its grip on the EV market is slipping

The sales decline caught investors off guard as rivals like BYD of China and Kia and Hyundai of South Korea reported increases in electric vehicle sales

Trump's campaign raised About $66 mn in March, cutting into Biden's lead

Trump is set to get another large cash infusion later this week when hedge fund manager John Paulson will host a fundraiser for Trump in Florida, that is anticipated to raise more than $30 million

Disney shareholders back CEO Robert Iger, rebuff activist shareholders

The dissident shareholders had said in a preliminary proxy filing that they wanted to complete a successful CEO succession at Disney and align management pay with performance

Fed will likely reduce their key interest rate later this year: Powell

''Most Fed officials see it as likely to be appropriate to start cutting their key rate at some point this year," he said

Gaza war has caused $18.5 billion in infrastructure damage, finds study

'The shock to Gaza's economy as a result of the ongoing conflict is one of the largest observed in recent economic history,' according to the report

Amazon web services slashes hundreds of jobs as part of cost-cutting drive

Sales growth at AWS, the largest seller of rented computing power and data storage, slowed to a record low last year as corporate customers cut spending and delayed technology modernization projects

Aid group halts food delivery in Gaza after Israeli strike kills 7 workers

President Joe Biden issued an unusually blunt criticism of Israel by its closest ally, suggesting that the incident demonstrated that Israel was not doing enough to protect civilians

Walt Disney poised to claim victory in bitter Nelson Peltz board fight

If Disney does prevail, it will be a victory for Chief Executive Bob Iger as he steers the Mouse House through the industry's shift to streaming

US Fed blocks tough global climate-risk rules for Wall Street Banks

European central bankers have been advocating for the Basel Committee on Banking Supervision to agree on requiring lenders to disclose their strategies for meeting green commitments

China relaxes car loan norms in new bid to boost consumer sentiment

The central bank and financial regulator said loan ratios for gasoline and electric passenger vehicles, including hybrids, can now be independently determined by lending institutions

Taiwan's strongest earthquake leaves 9 dead, 934 injured, dozens stranded

Taiwan is regularly jolted by quakes and its population is among the best prepared for them, but authorities said they had expected a relatively mild earthquake and accordingly did not send out alerts

US directs Nasa to create standard time for Moon amid growing space race

Space agency has to have a Coordinated Lunar Time by 2026 to streamline the work of lunar missions

No link between social media stock tips and big returns in long run: ESMA

Regulators have been taking a closer look at social media, with Britain warning "fin-influencers" last week on the need for authorisation before promoting financial products online

Opec+ ministers agree on keeping oil output policy steady: Reports

OPEC+ members, led by Saudi Arabia and Russia, last month agreed to extend voluntary output cuts of 2.2 million barrels per day (bpd) until the end of June to support the market

Nato debates plan to provide long-term military support to Ukraine

We strongly believe that support to Ukraine should be less dependent on short-term, voluntary offers and more dependent on long-term NATO commitments, NATO Secretary-General Jens Stoltenberg said

Zimbabwe announces drought disaster amid El Nino-induced hunger crisis

The declaration was widely expected following similar actions by neighbouring Zambia and Malawi, where drought linked to the El Nino weather phenomenon has scorched crops

Inflation declines in Europe again; here's what it means for interest rates

The bank meets April 11 but the first reduction in borrowing costs is not expected until June despite an economy that's failing to grow, several analysts said

About 10 mn people at risk of slipping into poverty in Pakistan: World Bank

Sayed Murtaza Muzaffari, lead author of the report, said despite a board-based yet nascent economic recovery, poverty alleviation efforts remain insufficient