Author: Press Room

Check out the companies making the biggest moves premarket: Lumentum Holdings , Coherent — Lumentum shares jumped 5% after its CEO told Bloomberg that the optical and photonic producer’s products are booked through 2027, amid the artificial intelligence buildout. Shares of Coherent, another photonics company, were up 4%. Both companies have investments from Nvidia . ServiceNow — The software company fell 1.5% after a downgrade from UBS from buy to neutral. UBS previously said ServiceNow was relatively better positioned to adapt to the AI era than other software companies but said its confidence in that view has weakened. Palo Alto…

WORLD BANK’S PROJECTION SHOULD NOT BE OVERINTERPRETED, SAYS ECONOMIC AFFAIRS MINISTERIn its April 2026 East Asia and Pacific Economic Update, the World Bank lowered Indonesia’s growth forecast to 4.7 per cent, down from 4.8 per cent it projected in October last year, citing external pressures including higher global oil prices and increased investor caution in international financial markets. However, the World Bank also noted that some of the pressures could be cushioned by commodity revenues and government-led investment initiatives, adding that Indonesia still has economic buffers including commodity exports that could help absorb the short-term impact of higher energy costs, according to local news outlet Tempo. Unlike Purbaya,…

United States President Donald Trump’s disdain for NATO allies dates back to even before he became president the first time. From anger over their relatively low defence spending to — more recently — threats to take over Greenland, the territory of fellow NATO member Denmark, the American leader has long left the alliance on edge.But the decision of NATO allies not to join Trump’s war on Iran has deepened the fracture to unseen levels, say analysts. This week, Trump called their lack of support a stain on the alliance “that will never disappear”. Chancellor Friedrich Merz of Germany put it…

Sadie the service dog attends State of the Union Rep. Randy Fine brought his father and his father’s service dog, Sadie, to the State of the Union. Sadie is wearing a “Don’t tread on me” shirt, Fine’s response to Democrats outraged over his recent X post about dogs and Muslims. NEWYou can now listen to Fox News articles! Republican Rep. Randy Fine of Florida has joined the ranks of the conservative House Freedom Caucus.”HUGE NEWS: I’m proud to announce that I have officially joined the strongest group of conservative patriots in Congress,” he declared in a Thursday post on X.”The…

NEWYou can now listen to Fox News articles! Good morning and welcome to Fox News’ morning newsletter, Fox News First. And here’s what you need to know to start your day …TOP 31. Artemis II crew closes in on Earth as mission ends with Pacific splashdown2. Hormuz choke point persists as Iran halts oil traffic despite Trump ceasefire3. Husband of missing American woman falls overboard while being transported into custodyMAJOR HEADLINESPARTY CRASHER — SCOTUS blocks Ohio candidate after alleged plan to ‘trick’ GOP voters. Continue reading …’IMPOSSIBLE’ — Sailors who knew missing woman’s husband break silence on dinghy conditions. Continue…

Prime Minister Mark Carney is on the verge of turning his minority government into a majority, a possibility that lies in the results of three byelections Monday. It’s been seven years since the Liberals enjoyed a majority of seats in the House of Commons, when then-prime minister Justin Trudeau — who came into power with a majority government in 2015 — lost seats in the 2019 federal election and was reduced to a minority.Since then, the party has had to rely on opposition votes and confidence agreements to survive and pass legislation, which under Trudeau was often shaped by compromise…

This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here.The past week has seen some progress, albeit uneasy and stilted, being made towards ending the Iran war.A two-week ceasefire was agreed on Wednesday, and while it looks fragile, hopes of the conflict approaching a close are prompting analysts to look ahead and assess its longer-term impact on the global tech sector.Exports of helium, a key material in chipmaking and other manufacturing processes, have already been significantly curtailed by the fighting, and some European companies have faced delays to semiconductor deliveries from Asia due…

Iran and the US are set for talks while their truce remains shaky, as Israel and Hezbollah trade fire and Tehran keeps its stranglehold on the Strait of Hormuz.

HOMECOMING WAVE India still has a vast diaspora, estimated at around 35 million people living overseas. But as domestic opportunities expand, more professionals are reconsidering the need to build careers abroad. Recruiters say they are seeing a noticeable uptick in returnees, particularly as India cements its position as the world’s fastest-growing major economy. Varun Sachdeva, senior vice president at recruitment firm NLB Services, points to strong demand in emerging sectors as a key pull factor. “Growth opportunities in startups, artificial intelligence, digital infrastructure and global capability centres being created in India are generating high-quality roles,” he said. At the same time, rising living costs overseas…

new video loaded: Soaring Fuel Prices Squeeze China’s Frugal TruckerstranscriptBacktranscriptSoaring Fuel Prices Squeeze China’s Frugal TruckersMany long-haul truckers in China have a tight budget and live frugally on the road, sleeping and cooking in their vehicles. Now, the pain at the pump is forcing some drivers to rethink their lives.Truck drivers in China have been nervously watching diesel prices as they keep climbing. Since the war in Iran started, fuel prices have jumped around 26 percent, hitting about $4.60 per gallon. So drivers have been scrambling to fill up, especially China’s 38 million long-haul truckers. Many of them have a…