Philips shares rocket 33% as firm settles U.S. respiratory device case

Philips shares soared Monday after the company agreed a $1.1 billion settlement in a U.S. case linked to the recall of some of its sleep apnea devices.

World’s largest sovereign wealth fund says green backlash is a chance for it to 'phase in' — not out

Norway's $1.6 trillion sovereign wealth fund says it will continue to advocate for investments based on ESG factors.

Japanese yen strengthens sharply after hitting 160 against dollar for the first time since 1990

The Japanese yen weakened to 160 against the U.S. dollar in Monday morning trading in Asia.

Musk makes surprise visit to Beijing as Tesla's China-made cars pass data security rules

Local authorities removed restrictions on Tesla cars after the company passed China's data security requirements, the automaker said Sunday.

Thailand's central bank will act independently and not cave to 'political' pressure, governor says

Political pressure won't force the hand of Thailand's central bank in making its interest rate decisions independently, the country's central bank chief said.

Only the U.S. has the ability to break the cycle of violence in Gaza, Egyptian foreign minister says

Egypt's Foreign Minister Sameh Shoukry called on the U.S. to leverage its influence over Israel to prevent further bloodshed in Gaza.

This American bought a $1 home in Italy and spent $446,000 renovating it—it improved her work-life balance

Now she brings the slow pace of Sicily back home to Chicago.

'You can live like a king' by retiring in Europe, says CFP—but make these 3 moves first

Retiring in Europe can slash your cost of living, allowing you to retire early or boost your lifestyle, says Traveltirement founder and CFP Tommy Sikes.

Venice's new city entrance fee shows a world hitting its overtourism tipping point

Tourists in Venice far outnumber residents who fear the 'Disney-fication" of the Italian city. A day-trip fee added last week did not go over well as a fix.

How working for Big Tech lost 'dream job' status

Mass layoffs have eroded the shine of the tech industry.

Germany's far-right AfD party is finding success on TikTok — as its popularity among young voters grows

The youth vote for Germany's far-right party, the AfD is growing ahead of key elections, and social media may be playing a significant role in this development.

JPMorgan’s calls for a reality check on energy transition are sensible, UAE energy minister says

The energy minister of the UAE concurred with JPMorgan's calls for there to be a "reality check" on the world's energy transition goals and pathway.

Policy continuity is key if India wants to see strong economic growth in the next 5 years, Nomura says

Policy continuity is crucial if it wants to be the world's fastest growing economy for the next five years, Rob Subbaraman of Nomura said.

WEF president: 'We haven't seen this kind of debt since the Napoleonic Wars'

Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy.

Crewless cargo? Autonomous shipping aims to overcome safety, trust concerns to reach mainstream

Tests like those carried out by Kongsberg in Norway aim to sway decision makers in the company's direction.

Oracle boosts its generative AI capabilities as cloud competition heats up

Oracle in March announced new generative AI features embedded across applications in finance, supply chain, HR, sales, marketing, and service.

All the data so far is showing inflation isn't going away, and is making things tough on the Fed

The last batch of inflation news that Federal Reserve officials will see before their meeting next week is in, and none of it is very good.

Dubai property boss says floods were overexaggerated: 'Things like that happen in Miami regularly'

Hussain Sajwani, the chairman of Damac Properties, one of the United Arab Emirate's largest private real estate developers, sought to downplay the severity of flooding.

U.S., China to hold first AI talks within 'weeks' amid ongoing TikTok stalemate

The U.S. and China will hold their first high-level talks on artificial intelligence within the "coming weeks," U.S. Secretary of State Antony Blinken said.

Rising oil is still the big market risk despite today's pullback, analysts say

Markets saw limited movement Monday, but all eyes are on Israel's next steps after an Iranian drone and missile strike.

Top Wall Street analysts favor these 3 stocks for their growth potential

TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Netflix and General Motors.

The new class war: A wealth gap between millennials

The surge in wealth among millennial heirs is creating new markets for wealth-management firms, luxury companies, travel firms and real estate brokers.

Digital ad market is finally on the mend, bouncing back from the 'dark days' of 2022

Earnings reports this week from Meta, Alphabet and Snap showed a solid recovery in the online ad market.

Meet the Dubai artist whose work has sold for millions — and turns down 99% of prospective buyers

One of Sacha Jafri's paintings sold for $62 million at a charity auction, making him one of the world's most expensive artists.

‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics

ARK Invest's chief futurist Brett Winton lists five groups in the heart of tech innovation.

Arne Slot to Liverpool: Compensation deal agreed for Feyenoord boss to be Jurgen Klopp's successor

The compensation package is £7.7m, plus £1.7m in add-ons.

Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant

Intel has missed most of the significant technology transitions over the past 15-plus years, losing its standing in the chip industry along the way.

Federal regulator finds Tesla Autopilot has 'critical safety gap' linked to hundreds of collisions

Federal authorities say a "critical safety gap" in Tesla's Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities.

UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo

The move will be seen as a major blow to the London Stock Exchange.

I study wellbeing in Denmark, one of the world's happiest countries: Here are 3 phrases we say every day

Denmark is one of the happiest countries in the world. Happiness Research Institute CEO Meik Wiking reveals three commonly used phrases that help explain why.


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