Author: Press Room

Taipei, Taiwan – Chinese President Xi Jinping is expected to seek concessions on Taiwan and US tariffs when he meets United States President Donald Trump for a high-stakes summit taking place in the shadow of the war on Iran.Trump will arrive in China on Wednesday evening for a three-day visit that will mark the first trip by a US leader to the country since 2017, when Trump visited in the early days of his first term.Recommended Stories list of 4 itemsend of listUnlike Trump, who is renowned for his mercurial policymaking, Xi is widely seen as predictable in his goals…

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Cipla, India’s third-largest drugmaker by revenue, reported weaker-than-expected fourth-quarter earnings on Wednesday as weak sales and intense competition in its key US market weighed on performance.The company’s consolidated net profit fell 54.6% year-on-year to 5.55 billion rupees ($58 million) for the quarter ended March 31.The earnings figure came in below analysts’ average estimate of 7.05 billion rupees, according to data compiled by LSEG.US market weakness impacts earningsCipla’s quarterly performance was affected by softer sales in the United States, which remains one of the company’s most important markets.The company also faced stiff competition in the region, which pressured revenue and profitability…

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Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Last updated:  May 12, 2026 BUILDon has rallied roughly 280% over the past 30 days to about $0.63, pushing its market capitalization above $629 million and prompting traders to look for earlier-stage meme coin bets with lower entry valuations.That rotation is drawing attention to the Maxi Doge (MAXI) presale, which has raised more than $4.77 million over the past…

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Canadians are expected to keep their travel plans this year despite higher transportation costs and economic uncertainty, a new survey suggests, with most sticking with domestic travel due in a cost-saving move that could still inject billions of dollars into the economy. The survey informed the Business Development Bank of Canada’s annual tourism outlook, released Wednesday, which found nine in 10 Canadians are planning a trip in 2026.Of those travellers, 92 per cent said they were expecting at least one trip within Canada, compared to 70 per cent who are planning to travel internationally. Just 30 per cent said they…

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A body was callously dumped outside Joondalup apartments on Wednesday morning and an investigation is underway to work out who the woman is.A huge police presence descended on the carpark outside the Arthouse apartments on Grand Boulevard on Wednesday morning after reports a man had left the body.The call to police was made by St John Ambulance paramedics and police have since taken away their ambulance for forensic examination in the hope it holds more clues into the woman’s identity.Detective inspector Jade Norwaski said police knew very little about the woman or how she died, nor the man involved.“At this…

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David Einhorn laid out a bullish case for a group of out-of-favor companies at the Sohn Investment Conference on Tuesday, betting that operational turnarounds and artificial intelligence adoption could drive sharp a rebound in overlooked stocks. “We’re finding interesting investments where management is repositioning businesses towards more durable, more disciplined, more generative growth,” Einhorn said. “The value creation question is whether management can convert the strategic change into better visibility, better margins and eventually a better multiple.” The Greenlight Capital founder pitched five investment ideas in New York, focusing on companies he said are in a transitional period with catalysts…

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UK PM, who is battling to remain in his job amid resignations of ministers, is expected to hold talks with Streeting.Published On 13 May 202613 May 2026British Prime Minister Keir Starmer, fighting for his political survival after dozens of his own MPs called for him to resign, promised to press ahead with plans to reform the country before an expected meeting with his potential leadership rival Wes Streeting, the health secretary.Starmer has so far defied calls to quit from Labour MPs, who blame him for heavy losses in local elections last week and say he has failed to deliver reforms…

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NEWYou can now listen to Fox News articles! FIRST ON FOX: House Republicans are rolling out a new oversight task force, starting with an investigation into alleged social services fraud in Ohio. House Oversight Committee Chairman James Comer, R-Ky., tapped Rep. Brandon Gill, R-Texas, a member of the oversight panel, to lead the Task Force on Defending Constitutional Rights and Exposing Institutional Abuses, Fox News Digital has learned.The duo sent a letter to Ohio Department of Medicaid Director Scott Partika on Tuesday to request documents related to a bombshell report in the Daily Wire, probing widespread fraud in the state’s Medicaid…

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