Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lloyds Banking Group’s first-quarter profits fell to £1.5bn as it set aside more money than expected for bad loans in anticipation of the economic impact from US tariffs.The high-street bank said on Thursday that pre-tax profits for the first three months of the year fell 7 per cent from the same period in 2024, in line with analyst expectations. Revenues rose 4 per cent year on year to £4.4bn.The bank set aside £309mn for bad loans, higher than what analysts expected, as…

Tesla CEO Elon Musk walks to board Air Force One with U.S. President Donald Trump (not pictured) as they depart for Philadelphia, Pennsylvania, from Morristown Municipal Airport in Morristown, New Jersey, U.S., March 22, 2025. Nathan Howard | ReutersShares of Tesla fell as much as 3% in overnight trading on trading platform Robinhood, following reports that its board has opened a search for a chief executive to succeed Elon Musk.Tesla’s board members reached out to several executive search firms to work on a formal process for finding Tesla’s next CEO, the Wall Street Journal reported, citing comments from sources familiar with the discussions.The…

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailGrab’s CFO Peter Oey discusses why Indonesia remains a strategic priority for the business, emphasising a stronger focus on affordability and driver recruitment.02:43Wed, Apr 30 20253:15 AM EDT

Yoon Suk-yeol already faces ongoing trial on insurrection charges over his brief imposition of martial law.South Korean prosecutors have indicted former President Yoon Suk-yeol for abuse of authority without arrest, the country’s news agency Yonhap said. This latest indictment on Thursday adds further legal jeopardy for Yoon who is already facing an ongoing trial on insurrection charges, brought against him over his brief imposition of martial law last December. Armed soldiers were deployed to parliament under the decree, but the order lasted only about six hours as it was swiftly voted down by opposition MPs, who scaled fences to enter…

Washington — The Supreme Court on Wednesday appeared divided over efforts in Oklahoma to create an online Catholic charter school, a case that could open the door to public dollars flowing directly to religious schools.A ruling in favor of the school, St. Isidore of Seville Catholic Virtual School, could lead to the country’s first religious charter school and upend laws in at least 45 states and the District of Columbia, as well as the federal charter school program, all of which require charter schools to be nonsectarian, Oklahoma’s Republican attorney general, Gentner Drummond, has warned. Eight of the nine justices are considering…

Attendees arrive at the auditorium of the CHI Health Center during the Berkshire Hathaway annual meeting in Omaha, Nebraska, US, on Saturday, May 6, 2023. David Williams | Bloomberg | Getty ImagesFor decades, Berkshire Hathaway’s annual meeting — Warren Buffett’s “Woodstock for Capitalists” — has attracted foreign investors traveling to Omaha, Nebraska, sometimes from thousands of miles away. This year, their international trip has a new wrinkle to it.Xin Jin, a Chinese investor in Guangzhou, wanted to pay his second visit to Omaha this May but international travel in the current political climate worried him. In 2012, he poured half his assets…

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NEWYou can now listen to Fox News articles! The Colorado football program’s recent decision to retire Travis Hunter’s No. 12 and Sheduer Sanders’ No. 2 jerseys was met with some criticism. Both former Colorado players’ jerseys were officially retired earlier this month during a special ceremony at the Buffaloes spring game.Only four other players in Colorado football history have been honored via a jersey retirement. Colorado football dates back 135 years. The criteria applied to Sanders’ and Hunter’s respective retirements differentiate from what other former players faced. Shedeur Sanders and Travis Hunter (IMAGN)In the 1990s, a student-athlete had to fulfill…

Shoppers are furious as Woolies has suddenly axed a major saving point for families who pay for the Everyday Rewards discount program.

NEW DELHI: India’s foreign minister said on Thursday (May 1) that those who planned and carried out an attack in Kashmir last week that left 26 men dead “must be brought to justice”. New Delhi blames Pakistan for the gun attack on civilians at the tourist site of Pahalgam in Indian-administered Kashmir on April 22. Islamabad has rejected the charge and both countries have since exchanged gunfire in Kashmir and issued a raft of tit-for-tat punitive diplomatic measures. “Its perpetrators, backers and planners must be brought to justice,” India’s top diplomat Subrahmanyam Jaishankar said in a statement following a conversation with…