Author: Press Room

BANGKOK: Thailand approved a US$12.2 billion emergency borrowing package on Tuesday (May 5) to cushion the economic impacts of the Middle East war, marking one of the country’s largest borrowing plans in decades.The cabinet said the funding would be used to boost domestic spending and ease economic hardships as inflation rises and growth slows, with the finance ministry last week cutting its GDP growth forecast to 1.6 per cent, from 2.4 per cent last year.The loan of about 400 billion baht will be deployed from June to September, and include aid for more than 20 million low-income people under the…

Europe’s largest lender, HSBC, reported first-quarter pre-tax profit of $9.4 billion on Tuesday, missing analysts’ estimates on the back of higher expected credit losses and other impairment charges.HSBC’s revenue gained 6% year-on-year, exceeding estimates, on stronger wealth fees and other income.Here are HSBC’s first-quarter results compared with the consensus estimates compiled by the bank.Pre-tax profit: $9.37 billion vs. $9.59 billionRevenue: $18.62 billion vs. $18.49 billionThe lender, whose first-quarter profit before tax fell 1% year-on-year, saw shares in Hong Kong drop 4.6%.Its U.K.-listed shares were 5.2% lower shortly after trading opened in London.Expected credit losses of $1.3 billion were $400 million higher compared with the…

Former General Secretary Ian Alves found guilty of sexually harassing female staff ​members by FIFA’s Ethics Committee.Published On 5 May 20265 May 2026FIFA’s ‌independent Ethics Committee has banned former ⁠Guyana Football ⁠Federation (GFF) General Secretary Ian Alves from all football-related activities for five years after ⁠finding he sexually harassed female staff members.FIFA also fined Alves 20,000 Swiss francs ($25,500) ⁠after determining that he had breached provisions of the FIFA Code of Ethics relating to the protection of physical and mental integrity, ‌abuse of position and general duties.“FIFA has a strict stance against all forms of abuse in football,” the sport’s…

5/4: CBS Evening News – CBS News Watch CBS News Secret Service shoots gunman near Washington Monument; United flight was only 20 feet above New Jersey Turnpike when landing gear hit truck.

NEWYou can now listen to Fox News articles! Boston Celtics star Jaylen Brown accused NBA officials of having an “agenda” against him in the team’s playoff series against the Philadelphia 76ers, which ended in a Game 7 defeat.Brown touched on 76ers center Joel Embiid getting calls after Boston lost to Philadelphia on Saturday night. He further went after referees in a livestream.ZERO BS. JUST DAKICH. TAKE THE DON’T @ ME PODCAST ON THE ROAD. DOWNLOAD NOW! Boston Celtics guard Jaylen Brown dribbles the ball against the Philadelphia 76ers during the first quarter at Xfinity Mobile Arena in Philadelphia, Pa., on…

Rio Tinto renews Sodexo’s FIFO catering gig as more Perth job cut details emerge and Roger Cook weighs in | The West Australian Close navigation menuSubscribeLog In

WHY THE WEST BENGAL WIN WAS SO SIGNIFICANTWest Bengal has long been a fortress of opposition politics.Chief Minister Mamata Banerjee, a fierce critic of Modi and a key member of India’s opposition alliance, has governed the state since 2011.But her administration had faced mounting criticism over issues such as corruption allegations, unemployment and women’s safety. Infiltration into India was also a key issue for the state which borders Bangladesh.The BJP mounted an intensive campaign led by Modi, his closest aide and Home Minister Amit Shah, as well as several senior party leaders, focusing on what they called illegal immigration from…

Man City’s 3-3 draw at Everton has left them five points adrift of leaders Arsenal albeit with a game in hand.Published On 5 May 20265 May 2026Manchester City manager ‌‌Pep Guardiola has admitted that the Premier League title race has slipped out ⁠⁠of his team’s ⁠⁠control after they were held to a chaotic 3-3 draw at Everton.“It’s now not in our hands; before it was, ⁠⁠now no,” Guardiola said after the match on Monday.“Four games we have [remaining] in the Premier League. They will be quite similar, and we’ll see what happens.”City had the chance to ⁠⁠draw level on points…

NEWYou can now listen to Fox News articles! Former New York City Mayor Rudy Giuliani is breathing on his own after being taken off a ventilator, his doctor said, adding he has “9 lives” following a dramatic turnaround from a dire condition.Dr. Maria Ryan told Fox News correspondent Danamarie McNicholl that Giuliani began feeling ill after returning from a trip to Paris, with his breathing deteriorating to the point that he required hospitalization and was placed on a ventilator.Ryan said his condition turned critical, prompting a priest to be called to his bedside to perform last rites.By Tuesday, however, his…

A local Saskatoon businessman says he has a potential solution to prevent oversized vehicles from striking overpasses, following four crashes earlier this year. Vince Hardy, chief executive officer of ConX Wireless, says he took to the drawing board to think up a solution when he heard of the first strike in early March.“The first overpass hit literally was like, ‘Wow, OK, I got to do this,’” he said.Hardy’s early-detection design uses two laser devices that cast an invisible beam to measure a vehicle’s height as it approaches an overpass. If a truck breaks the beam, the system will transmit a…