Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US Federal Trade Commission has sued ride-hailing app Uber, saying it made “false or misleading” claims about its subscription service, in the latest sign that Donald Trump’s administration is embracing an aggressive stance against Big Tech groups. The regulator alleged the company’s Uber One service failed to deliver promised savings and proved difficult to “cancel anytime” as promised, according to a complaint filed in a California court on Monday. “Americans are tired of getting signed up for unwanted subscriptions that seem…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nomura has agreed to buy Macquarie’s US and European public asset management business as part of its strategy to take advantage of a generational shift in Japanese investment habits.The $1.8bn all-cash deal, which is expected to close by the end of the year, will entail Nomura buying a business with about $180bn in assets under management across equities, fixed income and multi-asset strategies.The acquisition will expand Nomura’s existing investment management division to roughly $770bn, with more than 35 per cent being managed…

These are the stocks posting the largest moves in after-hours trading.

In Buenos Aires, where Pope Francis was once archbishop, people lit candles and filled church pews to pray for him.

Join Fox News for access to this content You have reached your maximum number of articles. Log in or create an account FREE of charge to continue reading. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid email address. Having trouble? Click here. President Trump indicated Monday – following news of Pope Francis’s death – that he and first lady Melania Trump will be attending the Pope’s funeral at the Vatican, despite the president’s somewhat contentious history with the…

Join Fox News for access to this content You have reached your maximum number of articles. Log in or create an account FREE of charge to continue reading. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid email address. Having trouble? Click here. The 17-year-old suspected of stabbing Frisco, Texas track star Austin Metcalf to death has been moved to an “undisclosed location” for his own safety, according to a group representing his family.A statement from the Next Generation…

When U.S. President Donald Trump announced his intention to put 25 per cent tariffs on Canadian goods on Jan. 29, Winkler-area potato farmer Juston Schmidt worked to ship as many potatoes to the States as possible before they came into effect Feb. 4, 2025. “We were a little concerned at first,” the vice-president of Schmidt Farms Ltd. said. “I think the concern has faded into just coming to a conclusion of this is just the new way we’re going to do things.”Canada announced retaliatory tariffs on Feb. 2, and the next day, President Trump suspended the tariffs for 30 days,…

Cooper Flagg is headed to the NBA after just one season at Duke. The freshman star took to social media on Monday to announce his decision to declare for the draft in June. He is largely expected to be the first overall pick.  Duke forward Cooper Flagg dunks during the first half against Baylor in the second round of the NCAA Tournament at the Lenovo Center in Raleigh, N.C., on March 23, 2025. (Zachary Taft-Imagn Images)”It was an incredible year, probably the best year of my life,” Flagg, 18, said in a video posted to his Instagram. “I have so much gratitude, I…

Two men have reportedly been detained and charged with criminal trespass after they were allegedly found at the site of Lindian Resources’ rare earths project in Malawi. 

Wijayanto added that the government’s cost-cutting measures were implemented incorrectly; instead of cutting the budget at the upper level, such as ministers, the budgets related to civil servants at staff levels were cut.  He cited for instance how some ministerial posts could be reduced and this would also trim related costs such as staff needed to service these ministers.   Flip-flopping of policies such as the government’s plan to implement a value-added tax rate hike to 12 per cent, which was cancelled last minute amid growing public concerns, also does not reflect well on the government and caused distrust among investors,…