Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Commerzbank has reported its biggest quarterly profit for more than a decade, in a boost for the German bank as it attempts to remain independent amid takeover interest from Italy’s UniCredit.Germany’s second-largest lender said on Friday that net profit rose 12 per cent year on year to €834mn in the first quarter, significantly ahead of analysts’ expectations of €698mn. Total revenues climbed 12 per cent to €3.1bn, driven by stronger than expected interest and commission income. Loan loss provisions came in at…

Billionaire businessman and philanthropist Bill Gates is giving up his wealth for the health and wellness of millions, announcing exclusively on “CBS Mornings” on Thursday that he’s committing $200 billion from the Gates Foundation to be spent over the next 20 years.Gates first revealed his plan to give away virtually all of his wealth in an interview with “CBS Mornings” last week, saying he will take an “equity, value-driven approach” to the distribution of funds. It will go toward several causes, with a focus on global health and education. His ultimate goal: save tens of millions of lives, especially those…

At Catholic elementary schools in Chicago on Thursday afternoon, the intercoms crackled with a surprise announcement — “Habemus papam!” — prompting students to jump on their chairs and whoop with excitement.Crowds materialized outside Holy Name Cathedral downtown, considered the mother church of Chicago Catholics, and workers hung yellow and white bunting over the arched doorway.Across the country, Catholics marveled at the announcement of the first American pope, something that had long seemed impossible. But in Chicago, they heard something else: The pope was one of their own.Though he spent much of his life abroad, the new Pope Leo XIV, born…

A man has been jailed for 10 months after groping a woman during a domestic flight.The Katherine man was travelling on a plane from Brisbane to Darwin on October 14, 2024, when he behaved in a sexual manner towards a female passenger seated near him.He then placed his hand between her thighs.Airline staff, who were alerted to the incident by the woman, moved her to another seat and monitored the man for the remainder of the journey.Camera IconThe 52-year-old man behaved in a sexual matter towards a female passenger seated near him during a flight from Brisbane to Darwin in…

He added that CIB has already assisted in the return of around 600 individuals – including Hsieh – through coordination with various agencies. The Taiwanese government has been ramping up rescue efforts, working with police liaisons and local authorities.  The CIB said Hsieh was able to leave the compound mainly with the help of its liaison officers, who negotiated with authorities in Thailand. But in Cambodia, another location where scam operations are rife and where diplomatic relations are lacking, Lee said officers work with non-governmental organisations and Taiwanese business associations based there to facilitate rescues. NOT ALL ARE VICTIMS After rescue, authorities are mandated…

An explosion in southern Gaza’s Rafah killed and injured Israeli soldiers after it caused a building to collapse.

The newly elected pontiff, Pope Leo XIV, has not only cast ballots in the papal conclave, but in U.S. elections as well. The Chicago-born pope — formerly Cardinal Robert F. Prevost — is registered to vote in the Chicago suburb of New Lenox, Ill., and has a mixed voting history of participating in primaries for both parties, according to voting records shared with CBS News and data from the Illinois State Board of Elections.There is no party registration in Illinois, but to vote in a primary you have to choose a party’s ballot to vote on. Prevost has voted in more…

Job seekers at a job fair hosted by the Metropolitan Washington Airports Authority to support federal workers looking for new career opportunities, at Ronald Reagan Washington National Airport in Arlington, Virginia, on April 25, 2025.Ting Shen/Bloomberg via Getty ImagesThese days, job hunting may feel like something of a paradox: Even though the overall market is strong, it can be tough for jobseekers to find a new gig, according to economists.Unemployment was relatively low in April, at 4.2%, and job growth exceeded expectations. The layoff rate is historically low, meaning those with jobs are holding onto them.Yet it has gotten harder…

NEWYou can now listen to Fox News articles! Shedeur Sanders got his first look at his Cleveland Browns locker Thursday, and his father knows just how much it means to him. The Browns captured Sanders taking a look at his No. 12 nameplate and the gear and apparel he will use his first preseason with his new squad. Cleveland posted the moment to its social media platforms, and Deion “Coach Prime” Sanders once again pointed to his family’s collective faith.  Former Colorado Buffaloes player Shedeur Sanders before the spring game at Folsom Field.  (Isaiah J. Downing/Imagn Images)He also joked about Shedeur’s jersey…

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