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Featured

Tech firms take fresh hit as earnings misses fan AI fears

Tech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans fanned already deep concerns about the AI investment boom.

Dodging fuel price hikes, Damascus drivers turn to electric cars

Taxi driver Mohammed Kanaan drives his shiny new electric car around Damascus's rundown streets, hoping for higher profits as spiking petrol prices made his old car too expensive to run.

Last news

US retail sales little changed, signs of pullback after pre-tariff rush

Retail sales in the United States were near-flat in April, government data showed Thursday, with indications that spending is slowing after consumers rushed to beat higher prices from President Donald Trump's sweeping tariffs.

US Fed chair warns of potential for 'more persistent' supply shocks

Federal Reserve Chair Jerome Powell on Thursday warned of the possibility of "more persistent" supply shocks, as US central bankers met for talks against a backdrop of uncertainty kicked up by Donald Trump's tariff rollout.

New Cannes Festival policy bans actor accused of rape

The Cannes film festival barred an actor in a prominent French film from the red carpet on Thursday because of sexual assault allegations, unveiling a new policy under pressure from lawmakers and activists.

'Paradigm shift': Germany says to meet Trump's NATO spending target

Germany under new Chancellor Friedrich Merz surprised NATO allies on Thursday by signalling plans to massively boost defence spending to five percent of GDP as demanded by US President Donald Trump.

Struggling steel giant Thyssenkrupp's shares slump after profit hit

Thyssenkrupp's shares slumped Thursday after it reported worse-than-expected earnings and its steel business took a fresh hit, in more bad news for the struggling German industrial titan.

French chauffeur to face trial over alleged theft from UK minister

A chauffeur faces trial later this year charged with stealing money and baggage from Britain's top diplomat after driving David Lammy and his wife hundreds of kilometres from Italy to an Alpine ski resort in France, a prosecutor said.

China's Alibaba posts annual revenue increase despite spending slump

Internet giant Alibaba posted on Thursday a six percent increase in annual revenue, the latest positive sign for China's tech sector despite persisting economic uncertainties that include sluggish spending and threatened trade.

Tracking the disinfo on Macron's 'cocaine use' in Ukraine

Unsubstantiated claims of supposed cocaine use by French President Emmanuel Macron and German Chancellor Friedrich Merz on a train to Ukraine last weekend may have started from a French account.

Germany's Commerzbank staff protest UniCredit takeover threat

Dressed as a Gallic warrior fighting Roman invaders or wearing the yellow of the Commerzbank logo, employees from the German lender protested Thursday against any takeover attempt by Italy's UniCredit.

China warns Panama ports deal firms to 'proceed with caution'

China urged parties involved in Hong Kong conglomerate CK Hutchison's sale of Panama Canal ports to exercise "caution" Thursday, warning of legal consequences should they proceed without clearance from Beijing.

China's Alibaba says annual revenue up six percent year-on-year

Internet giant Alibaba posted on Thursday a six percent increase in annual revenue, the latest positive sign for China's tech sector despite persisting economic uncertainties.

India says Pakistan nuclear arsenal should be under UN surveillance

Pakistan's nuclear arsenal should be under the surveillance of the UN's nuclear watchdog, Indian Defence Minister Rajnath Singh said Thursday, following a four-day conflict between Islamabad and New Delhi last week.

UK economy grows above forecasts, but tariffs threaten progress

Britain's economy grew more than expected in the first quarter, official data showed Thursday, covering the period before business tax hikes and US President Donald Trump's tariffs blitz took effect.

Eurovision: the 16 acts in second semifinal

Sixteen countries are competing in the Eurovision Song Contest's second semifinal on Thursday, with viewers deciding which 10 go through to the grand final.

Israel in Eurovision spotlight at second semifinal

Israel's participation in the 2025 Eurovision Song Contest has drawn protests but its competitor Yuval Raphael -- who escaped the Hamas attack on her country -- is hotly tipped to qualify from Thursday's semifinal.

Can cash handouts replace aid? Kenya offers some answers

Three years ago, Thomas Kazungu Karisa was struggling to make ends meet as a petrol station attendant in the Kenyan county of Kilifi, when a sudden cash donation changed his life.

Cuban cigarillo factory overwhelmed by burning demand overseas

Cuba's sole producer of cigarillos cannot keep up with exploding demand abroad for the smaller, cheaper, machine-rolled version of the island nation's much more famous hand-crafted cigars.

Croatian town pays grandparents for childcare

A Croatian town has come up with a novel solution to solve the dilemma of working parents when there are no public childcare spaces available: pay grandparents to do it.

Dengue, chikungunya may soon be endemic in Europe: research

The feverish diseases dengue and chikungunya could soon become endemic in Europe as the tiger mosquitoes that transmit these viruses spread farther north due to global warming, according to new research published Thursday.

Reddit founder Ohanian buys stake in Chelsea women's team

Reddit co-founder Alexis Ohanian says that he has bought a stake in serial English women's football champions Chelsea.

'I thought she'd survive': Story of slain Gaza photojournalist touches Cannes

Filmmaker Sepideh Farsi is still in shock after an Israeli air strike killed her documentary's main subject, 25-year-old photojournalist Fatima Hassouna, in Gaza last month.

Stocks drop as fresh trade news awaited, oil down on Iran hopes

Equities stuttered Thursday as investors await fresh developments in trade talks, with US partners looking to reach deals to avoid Donald Trump's tariff blitz, while oil extended losses on hopes for an Iran nuclear deal.

PEDEVCO Announces Q1 2025 Financial Results and Operations Update

HOUSTON, TX / ACCESS Newswire / May 15, 2025 / PEDEVCO Corp. (NYSE American:PED) ("PEDEVCO" or the "Company"), an energy company engaged in the acquisition and development of strategic, high growth energy projects in the U.S., today announced its financial results for the three months ended March 31, 2025 and provided an operations update.

SWK Holdings Corporation Announces Financial Results for First Quarter 2025

Conference Call Scheduled for Friday, May 16, 2025, at 09:00 a.m. CSTCorporate HighlightsFirst quarter 2025 GAAP net income was $4.5 million, compared with GAAP net income of $0.5 million for the first quarter 2024.First quarter 2025 finance receivables segment adjusted non-GAAP net income was $8.6 million, compared with adjusted non-GAAP net income of $2.3 million for the first quarter 2024.As of March 31, 2025, net finance receivables, excluding finance receivables held for sale, were $223.1 million, a 14.5% decrease from March 31, 2024.The first quarter 2025 effective yield was 14.5%, a 30 basis points increase from first quarter 2024.As of March 31, 2025, GAAP book value per share was $23.94, a 6.8% increase from $22.42 on March 31, 2024.As of March 31, 2025, non-GAAP tangible financing book value per share was $21.73, an 10.5% increase from $19.66 as of March 31, 2024.After the quarter closed, SWK monetized the majority of the royalty portfolio for approximately book value and paid a $4.00 per share dividend.

Blue Dolphin Reports First Quarter 2025 Financial Results

● Net income of $2.2 million, or $0.15 per share.● Total gross profit of $6.1 million.● Consolidated earnings before interest, income taxes, depreciation, and amortization ("EBITDA") of $5.1 million.● Refining EBITDA of $4.9 million.

1847 Holdings Reports 384% Revenue Growth to $10.1 Million in Q1 2025

Gross Profit Rises 478% to $5.2 Million; Improves Net Loss from Continuing Operations by $10.4 Million to $227 ThousandReaffirms 2025 Guidance for Net Income of ~$1.3 Million on Revenue of Over $45 Million; Projects 2026 Net Income of ~$5.0 Million on Revenue of More than $60 Million

5 Preventive Dental Treatments You Should Know

NEW YORK, NY / ACCESS Newswire / May 15, 2025 / Preventive dental care entails routine procedures that help keep your teeth and gums clean and healthy. These are often handled by a dental hygienist, whose work is then checked by the dentist at the end of your appointment.

Endo GUC Trust Provides Its First Quarter 2025 Report

WHITE PLAINS, NY / ACCESS Newswire / May 15, 2025 / Matthew Dundon, Trustee of the Endo GUC Trust, formed upon the exit from Chapter 11 proceedings of Endo International plc and its affiliated debtors, announced that the Endo GUC Trust has released the attached financial statements and discussion for the quarter ended March 31, 2025, supplemented by a summary of material events which occurred from April 1, 2025 to May 13, 2025.

D. Boral Capital Acted as Exclusive Placement Agent to ADS-TEC Energy (Nasdaq: ADSE) in connection with its up to $50.0 Million Registered Direct Offering

Transaction Highlights:Secured aggregate gross proceeds of up to $50 million from leading institutional investors, consisting of $50 million senior secured convertible note due 2028 to be provided in two tranches of $15 million and $35 million.New capital to drive growth in Europe and North America, supporting long-term revenue-generating infrastructureExpansion into full-service provider model, enabling multi-revenue streams including ultra-fast charging, energy trading, and advertisingExclusive projects secured at over 300 locations across Germany, with international rollout underwayCompany expects significant recurring revenue starting late 2025 into 2026The transaction was fully subscribed, and the subscription period has concluded. The offering closed on May 2, 2025.

Konica Minolta Introduces the AccurioJet 30000

Latest Inkjet Press Maximizes Throughput, Creates Sustainable Work Environment

Financing Options for Cosmetic Dental Procedures

NEW YORK CITY, NY / ACCESS Newswire / May 15, 2025 / Cosmetic dental procedures can help people feel better about their smiles. From teeth whitening to veneers and braces, these treatments can improve the way a person looks and feels. But these procedures can also be expensive. Because of that, some people turn to dental financing to help cover the cost.

Strategic Nombase Presence Advances Greene Concepts' Growth and Investor Alignment

MARION, NORTH CAROLINA / ACCESS Newswire / May 15, 2025 / Greene Concepts Inc. (OTC PINK:INKW) is pleased to announce its new presence on Nombase, a digital directory and networking platform for professionals in the Consumer Packaged Goods (CPG) industry. Launched in March 2025, Nombase connects brands with trusted partners, suppliers, investors, and key industry resources.

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Arizona Tribune - Economy (English)