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The UK’s underwhelming response to solar supply chain fears

Financial Times -

The government’s solar panel U-turn underscores the difficulty of building a supply chain untainted by abuses

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Engine maker Safran says China is exempting aerospace parts from tariffs

Financial Times -

Company CEO says deliveries of engines and other parts are being let in without import taxes

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New York’s warning to asset managers reveals risks of the green retreat

Financial Times -

City’s pension funds are prepared to drop managers that do not have net zero goals

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Baidu founder highlights ‘shrinking’ demand for DeepSeek’s text-based AI

Financial Times -

Search group’s chief makes rare criticism of China’s generative artificial intelligence darling

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China grants some tariff exemptions for US imports as trade war bites

Financial Times -

Sign of relief for foreign businesses comes as Donald Trump insists talks are under way to reduce levies

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US tariffs bite Chinese industry

Financial Times -

Factory owners say American customers have cancelled or suspended orders

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UK must pay to join EU defence fund, says Brussels

Financial Times -

Draft terms require non-EU nations to negotiate agreements before their defence industries can get access

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Apple aims to source all US iPhones from India in pivot away from China

Financial Times -

FT Exclusive: Tech giant plans to shift assembly as soon as next year in response to Donald Trump’s trade war

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Pakistan to suspend peace treaty with India as tensions grow over Kashmir killings

Financial Times -

Islamabad retaliates after New Delhi downgraded diplomatic relations over shooting of tourists in disputed region

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Corporate America puts Wall Street on alert over damage from trade war

Financial Times -

Executives use earnings calls to lay out costs and supply chain impacts from Donald Trump’s tariffs

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China tells US to ‘cancel all unilateral tariffs’ if it wants talks

Financial Times -

Beijing says claims it is nearing a deal with Washington to resolve the trade war are ‘fake news’

Pension groups cut back on pioneering private equity investments

Financial Times -

Canadian pension funds are increasingly favouring partnerships with buyout firms

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New York pension funds put asset managers on notice over climate plans

Financial Times -

Comptroller demands credible transition plans aligned with city’s goal to reach net zero by 2040

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Pimco to launch private credit fund in Europe for retail investors

Financial Times -

World’s largest active bond manager seeks to attract wealthy investors in search of juicy yields

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ETFs are turning credit into a monthly market

Financial Times -

Passive flows rule everything around me

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Nvidia chief Jensen Huang flies to Beijing for talks

Financial Times -

Meetings with Chinese vice-premier and DeepSeek founder come after US clamps down on chipmaker’s sales to China

Plane tickets are getting cheaper as domestic travel demand weakens

CNBC -

Airlines are trimming their domestic schedules as leisure traveler demand comes in lighter than expected.

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Russia says it has fully retaken Kursk, but Ukraine says fighting continues

Al Jazeera -

Ukraine dismisses report of Kursk loss as a ‘propaganda ‘trick’.

Mighty and meek bid farewell to Pope Francis at a funeral where he is remembered as pope of the people

CNBC -

World leaders and Catholic faithful bade farewell to Pope Francis in a funeral Saturday that reflected his wishes as pastor.

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'Grazie, Francesco': Pope buried in Rome

Deutsche Welle -

Some 250,000 attended Pope Francis' funeral in Rome on Saturday, including world leaders and ordinary people. DW's religion correspondent Christoph Strack was there.

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Palestinian President Abbas names likely successor

Deutsche Welle -

Palestinian President Mahmoud Abbas has named a veteran aide as his new vice president. The move is seen as an important step towards designating a successor.

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Hedge fund Elliott turns up heat on BP with demand for deep spending cuts

breaking Financial Times -

Further articles:

Trump Media urges regulators to investigate hedge fund’s vast bet against stock
The Guardian -
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Uganda declares end to latest Ebola outbreak

Al Jazeera -

African country announced its outbreak on January 30 after death of a male nurse who tested positive for virus.

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Titanic letter auctioned for almost $400,000

Deutsche Welle -

A unique letter written by Titanic passenger Archibald Gracie from aboard the doomed ship has sold for hundreds of thousands of pounds at auction in the United Kingdom.

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From the mightiest to the humble: Thousands gather for Pope Francis funeral

Al Jazeera -

Pope Francis was remembered for his dedication to the poor and advocacy for migrants at grand Vatican farewell.

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Pope Francis laid to rest after tens of thousands attend Vatican funeral

Al Jazeera -

In break with recent tradition, 88-year-old leader of Catholic world was buried in St Mary Major Basilica in Rome.

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USAID and the pacification industry in Palestine

Al Jazeera -

Like other forms of US assistance, USAID was all about normalising the colonisation of Palestine.

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Brazil’s Lula Says He Doesn’t Want to Choose Between China and US in Trade Fight

Bloomberg -

Further articles:

Will countries be forced to pick a side in the US-China trade war?
Al Jazeera -
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‘Productive’ Trump, Zelenskyy meeting in Rome, first since Oval Office spat

Al Jazeera -

The meeting during Pope Francis's funeral was their first since an angry encounter in Washington, DC, in February.

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Iran, US resume talks in Oman to hammer out deal on nuclear programme

Al Jazeera -

Negotiations expected to centre on uranium enrichment begin in Oman as Trump expresses cautious optimism.

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Have scientists discovered a new colour called ‘olo’?

Al Jazeera -

Described as a 'deeply saturated teal' colour, humans can only see it with the help of laser technology.

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How technocracy has become our reality

Al Jazeera -

Do technocrats pose a threat to democracy?

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‘Massive’ explosion, fire strike Iranian port city of Bandar Abbas

breaking Al Jazeera -

This is a breaking news story, more details to follow.

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At least 11 killed in suspected RSF drone attack on Sudan displacement camp

Al Jazeera -

Local governor says the attack knocked out a nearby power station for the fourth time since the war began two years ago.

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DR Congo, Rwanda agree to draft peace deal by May 2

Al Jazeera -

US brings two countries' foreign ministers together and voices an interest in investment in the DRC's mineral-rich east.

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Pope Francis’ coffin laid in St Peter’s Square at start of funeral

Al Jazeera -

The coffin of Pope Francis was laid in St Peter’s Square in the Vatican on Saturday at the beginning of his funeral.

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Ukraine updates: Trump, Zelenskyy meet at Vatican

Deutsche Welle -

Ukrainian President Volodymyr Zelenskyy has met with his US counterpart Donald Trump at the Vatican. Meanwhile, Moscow says it has expelled all Kyiv's forces from Russia's Kursk region. DW has the latest.

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Homes of Kashmir attack suspects demolished

Al Jazeera -

Soldiers demolish homes of alleged attackers in Kashmir following the region's deadliest civilian assault in decades.

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Ukraine: Hurdles to special tribunal prosecuting Russia's war of aggression

Deutsche Welle -

Though a special tribunal has been created to prosecute Russia's crimes in Ukraine, there are various hindrances to its functioning. It could take months, if not years, before officials are tried.

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Huge crowds flock to Vatican for Pope Francis’s funeral

Al Jazeera -

The pontiff's passing away begins nine days of Vatican mourning before a conclave to choose his successor is held.

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Putin: Russia open to Ukraine talks after Kursk 'liberation'

Deutsche Welle -

After claiming to have ended Ukraine's incursion into Kursk — with North Korean help — Russia says it is ready to hold peace talks with Kyiv. But President Trump has cast doubt on Putin's remarks and theatened sanctions.

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Pope Francis laid to rest in Rome

Deutsche Welle -

Pope Francis was laid to rest in private in St. Mary Major Basilica. Security was tightened in Rome as world leaders attended the funeral ceremonies. DW has the latest.

Virginia Giuffre, one of Jeffrey Epstein's most prominent abuse survivors, dies by suicide

CNBC -

Other Epstein victims credited Giuffre with giving them the courage to speak out.

Yale classmates warn Trump Treasury Secretary Bessent he risks enabling descent 'into fascism'

CNBC -

A new letter to Scott Bessent accuses President Donald Trump of usurping the authority of Congress and U.S. courts since regaining the White House.

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Iran-US nuclear talks: What you need to know

Deutsche Welle -

As Iran and US negotiators arrive in Muscat for the third round of nuclear talks, here's an overview of how things got here and what's at stake.

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Iran port explosion: Number of casualties on the rise

Deutsche Welle -

A blast has rocked the port of Shahid Rajaei on Iran's southern coast, and the number of people injured appears to be rising. Some deaths have also been reported.

Trump insists bond market tumult didn't influence tariff pause: 'I wasn't worried'

CNBC -

"I wasn't worried," Trump said in a Time magazine interview during which he was asked about financial market tumult.

Inflation job nearly done but tariff risks loom — What European Central Bank members said this week

CNBC -

On tariffs, one central banker said: "In the short run, we will have lower growth. We will probably also have lower inflation."

Trade talks will continue to loom large in a big week ahead for Mag 7 earnings and jobs data

CNBC -

More than three weeks after higher tariffs unraveled markets, investors are trying to make sense of a world in which higher levies may be here to stay.

Trump dinner for meme coin buyers prompts senators to demand ethics probe

CNBC -

Senators Adam Schiff and Elizabeth Warren are calling for an ethics investigation into President Trump's promotion of his meme coin.

International tourism to the U.S. slumps, but Americans can't stop traveling overseas

CNBC -

United Airlines and Delta Air Lines say international and premium travel is robust while domestic coach-class travel and some corporate travel has slowed.

Americans are more worried about running out of money in retirement than dying. Experts offer ways to reduce that risk

CNBC -

When it comes to retirement, Americans are on mostly on their own to manage their savings and spending. Many fear they will run out of money before they die.

We're putting a big weekly winner in the Bullpen but see more room for the stock to run

CNBC -

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution

CNBC -

The trust between Europe and the U.S. is not yet broken despite President Donald Trump's tariff policies, Joerg Kukies, acting German finance minister, said.

Bank of England chief focused on tariff 'growth shock' but downplays UK recession risk

CNBC -

Bank of England Governor Andrew Bailey said Thursday that the central bank is focused on the potential U.K. growth shock from U.S. tariffs.

Orders for big-ticket items like autos and appliances surged 9.2% in March in rush to beat tariffs

CNBC -

Transportation equipment orders surged 27%, led by a 139% increase in nondefense aircraft and parts.

S&P 500 futures rise after three-day winning streak, Alphabet beat: Live updates

CNBC -

The moves follow the three major averages closing solidly in the green during Thursday's session, putting them on a three-day winning streak.

European Union to put countermeasures to U.S. tariffs on hold for 90 days

CNBC -

EU members had voted in favor of the package on Wednesday in response to U.S. tariffs on steel and aluminum.

Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoil

CNBC -

IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue

CNBC -

The 191-nation fund credited higher tariff revenue for a somewhat smaller deficit projection.

Retail sales increased 1.4% in March, greater than expected

CNBC -

Retail sales were expected to increase 1.2% in March, according to the Dow Jones consensus.

Fed Governor Waller sees tariff inflation as 'transitory' in 'tush push' comparison

CNBC -

The central banker embraced a term that got the central bank in trouble during the last bout of inflation.

Consumer sentiment tumbles in April as inflation fears spike, University of Michigan survey shows

CNBC -

The University of Michigan consumer survey's mid-month reading on sentiment fell to 50.8.

Trump's approval rating on the economy drops to lowest of his presidential career, CNBC Survey finds

CNBC -

President Donald Trump is registering the worst economic approval numbers of his presidential career, according to the latest CNBC All-America Economic Survey.

UK economy expands by 0.5% in February, more than expected

CNBC -

U.K. GDP rose by 0.5% on a monthly basis, far more than the 0.1% forecast by analysts.

Wholesale prices unexpectedly fell 0.4% in March, showing easing inflation backdrop ahead of tariffs

CNBC -

The producer price index, considered a leading indicator for pipeline inflation pressures, declined a seasonally adjusted 0.4% for the month.

Tanking oil prices could more than double Saudi Arabia's deficit to $75 billion and threaten spending plans: Goldman Sachs economist

CNBC -

Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.

Businesses are already trying to pass tariff costs onto customers, Fed report says

CNBC -

Businesses dealing with tariffs are looking for ways to pass increasing costs onto consumers, according to the Beige Book report.

The oil-rich Gulf states are better-positioned to weather the tariff storm — but crashing crude prices could spell trouble

CNBC -

The countries of the GCC — Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world's proven crude oil reserves.

Consumer spending is up big in early April as people buy in anticipation of tariffs

CNBC -

Spending in April through the first 15 days climbed about 3.8% from the same period a year ago, JPMorgan found.

Inflation rate eases to 2.4% in March, lower than expected; core at 4-year low

CNBC -

The consumer price index fell a seasonally adjusted 0.1% in March, putting the 12-month inflation rate at 2.4%, down from 2.8% in February.

How much you need to earn in every state to afford a house

CNBC -

CNBC Select looks at a new Realtor.com report showing how much Americans need to earn to afford a median-priced home in their state.

Autodesk settles fight with Starboard, adds two to board
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