Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. After Nvidia reported a 69 per cent year-over-year increase in quarterly revenue on Wednesday evening, its shares rose more than 3 per cent yesterday. Have a look at a longer-term chart, though: the super-stock of 2022-2024 has been tracking more or less sideways since last summer.…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Dai-ichi Life, one of Japan’s largest life insurers, plans to take a 15 per cent stake in M&G as part of a partnership that will help the FTSE 100 asset manager deepen access to fast-growing Asian markets.M&G will become Dai-ichi Life’s preferred asset management partner in Europe as part of the tie-up, the two groups said on Friday, sending shares in the UK company up as much as 7 per cent in morning trading in London.The deal is expected to generate at…

A 69-year-old man who operated an ice cream van has been charged with indecent assault of children after police raided his home.

In the last Programme for International Student Assessment (PISA) test in 2022, which is conducted worldwide by the Organisation for Economic Co-operation and Development (OECD), Thai students scored below the OECD average in reading, mathematics and science. They also did worse than students in neighbouring Malaysia and Vietnam. In terms of creative thinking, Thailand scored significantly below the OECD average.  Critics have pointed to the core curriculum not being updated in over 15 years, the emphasis on passive rote learning over critical thinking and creativity, and an understaffed and overworked body of teachers. Thailand’s education ministry did not respond to…

In a one-minute video, US Health and Human Services Secretary Robert F Kennedy Jr revoked the Centers for Disease Control and Prevention’s recommendation that healthy children and healthy pregnant women be vaccinated for COVID-19, leaving some experts concerned and others unsure about the policy’s details. Kennedy was joined in the video, posted on May 27 on X, by Food and Drug Administration Commissioner Marty Makary and National Institutes of Health Director Jay Bhattacharya. Kennedy, who was tapped by President Donald Trump after a years-long embrace of vaccine conspiracy theories, did not make it clear whether he was referring to a recommendation…

The Trump administration has intensified its scrutiny of Chinese nationals studying at U.S. universities after several instances in recent years of students from the communist country engaging in alleged surreptitious activity while in the United States.The incidents, which have involved allegations of espionage, conspiracy and accusations of misleading federal officials, occurred as a result of Chinese nationals or others with Chinese ties participating in joint education programs between the United States and China.Secretary of State Marco Rubio announced Wednesday the State Department and the Department of Homeland Security plan to “aggressively revoke” student visas of Chinese nationals, “including those with…

A government employee in Virginia was arrested on Thursday after he attempted to share classified information with an officer or agent of a foreign government, the Department of Justice announced.Nathan Laatsch, a 28-year-old IT specialist employed by the Defense Intelligence Agency since 2019, was arrested after the FBI received a tip in March 2025 that someone was willing to provide classified information to a friendly foreign government.Laatsch was a civilian employee in the DIA’s Insider Threat Division and held a top secret security clearance, according to the DOJ. An email to the FBI said that the person – later identified as…

Check out the companies making headlines in extended trading. Gap — The apparel stock plummeted more than 16% as lackluster second-quarter revenue guidance overshadowed an earnings beat for Q1. Gap expects Q2 revenue to remain about flat year over year. Analysts expected a forecast calling for a slight gain. Costco — The wholesale retailer reported quarterly results that beat analyst expectations, yet shares were little changed. The company earned $4.28 per share on revenue of $63. 2 billion. Analysts expected a profit of $4.24 per share on revenue of $63.19 billion. Same-store sales growth and gross margins were above estimates…

NEWYou can now listen to Fox News articles! Atlanta Braves center fielder Michael Harris II made a sensational catch as he robbed a three-run home run during the fourth inning of the team’s 5-4 loss against the Philadelphia Phillies on Thursday afternoon at Citizens Bank Park. The Phillies were up 2-0 with runners on first and second base in the bottom of the fourth inning. Phillies left fielder Max Kepler smoked a hanging 85 MPH splitter off Scott Blewett and drove Harris back towards the center field wall. Harris tracked the ball all the way and timed his leap beautifully and reached…

Australia’s sharemarket rose for the second consecutive month in May, as traders dial up the chances of a rate cut in July following weaker than expected retail sales.The benchmark ASX 200 index gained 24.90 points or 0.30 per cent on the final day of trading for May.Australia’s major index has closed up 3.8 per cent in May which is the best monthly gain since January.Meanwhile the broader All Ordinaries also finished higher up 22.50 points or 0.26 per cent to finish the month at 8,660.30.The Australian dollar slipped 0.28 per cent during Friday’s trading and is now buying 64.26 US…