United States · Business
Same event, multiple sources, transparently cited.
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World Bank Chief Economist Indermit Gill to retire at end of August 2026
Indermit Gill, World Bank chief economist, will retire on August 31, 2026, with succession recruitment set to begin soon.
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Senate Banking Committee approves Clarity Act to regulate cryptocurrency industry
The Senate Banking Committee voted 15-9 to approve the Clarity Act, setting new rules for cryptocurrency regulation in the US.
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Boston Consulting Group trains AI agent to improve sales by analyzing best and worst behaviors
Boston Consulting Group developed an AI agent named Jamie to coach sales staff using data from top and weakest sales performances.
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Oil prices fall over 5% on May 25 amid US-Iran peace talks and Strait of Hormuz reopening hopes
Oil prices dropped sharply and Asian stocks rose on May 25 as the US and Iran neared a deal to reopen the Strait of Hormuz, a key oil shipping route.
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US and Iran agree to extend ceasefire 60 days, pending Trump approval
The US and Iran have reached a tentative deal to extend their ceasefire by 60 days and aim to end their three-month conflict, with final approval needed from President Trump.
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US SEC delays plan for crypto trading of tokenized US stocks amid market concerns
The US SEC postponed its innovation exemption allowing crypto trading of tokenized US stocks following pressure from traditional exchanges and ongoing regulatory review.
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Versant Media Group posts 1% revenue decline in Q1 2026 with gains in digital and licensing
Versant Media Group reported $1.69 billion revenue and $286 million net income in Q1 2026, with digital and licensing growth offsetting pay TV declines.
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Burberry’s Cotswolds handbag line drives profits and sales growth, attracting US buyers
Burberry’s launch of the Cotswolds handbag line has boosted profits and sales, especially in North America, as CEO Joshua Schulman highlights value for money.
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Sapporo Halts Pokka Beverage Exports to Middle East Amid Iran Tensions
Sapporo Holdings suspended exports of its Pokka beverages to the Middle East over rising Iran tensions and cost concerns, reporting a first-quarter loss.
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UK political crisis fuels bond-market volatility, worries overseas gilt investors
The UK’s political turmoil has rattled overseas investors holding about a third of government gilts, triggering bond-market volatility.
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US expects China to buy double-digit billions in farm goods after Trump-Xi talks
The US expects China to purchase double-digit billions in agricultural products following the Trump-Xi summit in May 2026.
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Burberry posts 2% Q4 sales growth but warns of economic uncertainty
Burberry reported stronger-than-expected Q4 sales but issued a cautious outlook due to geopolitical risks affecting shopper confidence.
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India weighs cutting taxes on foreign investors in government bonds to support rupee
India's Finance Ministry is considering lowering taxes on foreign bond investors following Reserve Bank of India's recommendation.
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Major US retailers launch early Memorial Day mattress and home goods sales
Sealy, Amazon, Wayfair and others begin early Memorial Day sales with discounts on mattresses, furniture, and home products today.
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Japanese Supertanker Eneos Endeavor Makes Rare Silent Transit Through Strait of Hormuz
Japanese supertanker Eneos Endeavor transited the Strait of Hormuz without broadcasting between May 11 and 13, a rare undercover passage amid Middle East tensions.
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Thailand's central bank limits daily online gold trading to stabilize baht
Thailand's central bank set a 50 million baht daily cap on online gold trading to reduce speculation and baht volatility starting March 2026.
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Ford shares soar 20% in two days on energy storage and hyperscaler deal prospects
Ford Motor Co. stock jumped 20% over two days following a bullish Morgan Stanley note on its new energy storage unit and upcoming hyperscaler deals.
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Anthony Attia named CEO of ASX, to start September 1, 2026
Anthony Attia, former Euronext Paris CEO, will become ASX Ltd's CEO starting September 1, 2026.
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Rand Paul’s son apologizes for antisemitic, anti-gay rant at DC bar
William Paul, son of Senator Rand Paul, apologized after making antisemitic and anti-gay remarks to Congressman Mike Lawler at a Washington DC bar.
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Australian Border Force intercepts 22.4 kg cocaine hidden in Xerox printers in 2017 case
Five Xerox printers smuggling 22.4 kg of cocaine were seized in Melbourne in 2017, leading to multiple arrests and prison sentences.
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Netflix announces global concert tour for 'KPop Demon Hunters' with few details
Netflix and AEG Presents announced a global concert tour for 'KPop Demon Hunters' but gave no performer or date details yet.
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Venezuela launches debt restructuring for up to $170 billion in defaulted bonds and loans
Venezuela began a debt restructuring process this month involving $150-$170 billion of defaulted sovereign and oil company debt.
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Federal Reserve Survey Shows Rising Job Anxiety and High Inflation Concerns in US
A Federal Reserve survey found 42% of Americans worried about job security in 2025 and 90% concerned about rising prices amid slow job growth and increased inflation in 2026.
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Airbus and Blackstone to lead €600 million funding round for German drone firm Quantum Systems
Airbus SE and Blackstone Inc. are negotiating to lead a €600 million funding round for German drone startup Quantum Systems.