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UPS (UPS) Q1 2026 earnings
A UPS driver sits in his truck on April 15, 2026 in the Flatbush neighborhood of the Brooklyn borough in New York City.Michael M. Santiago | Getty ImagesUnited Postal Service on Tuesday posted first-quarter earnings results that beat on…
Meta-Manus deal block draws the line in China’s AI race with the U.S.
Manus was hailed by Chinese state media as the "next DeepSeek" soon after its launch in March 2025, months before the startup relocated to Singapore.Cheng Xin | Getty Images News | Getty ImagesBEIJING — China's decision to block U.S.…
Reality of Trump’s drug pricing to set in over next 18 months
Novartis' CEO warned Tuesday that the U.S. drug pricing policy under President Donald Trump poses a "very difficult situation" and the reality will soon catch up with both drugmakers and patients."The longer-term implications are…
Brent oil tops $111 as traders weigh Iran’s Strait of Hormuz proposal
Alexander Manzyuk | ReutersOil prices rose on Tuesday as investors parsed fresh signals from U.S.-Iran negotiations, with uncertainty over the potential for de-escalation keeping markets on edge. Global benchmark Brent crude futures with…
Oil major BP beats profit expectations as Iran war boosts fuel prices
The BP refinery in Lingen, Germany (aerial view with a drone).Picture Alliance | Picture Alliance | Getty ImagesBritish energy major BP on Tuesday reported stronger-than-expected first-quarter profit, following a surge in oil and gas…
Stoxx 600, FTSE, DAX, CAC, Iran latest news
LONDON — European stocks are expected to open higher on Tuesday as investors await Washington's response to Iranian peace proposals and look ahead to earnings reports from several regional companies.The U.K.'s FTSE 100 index is seen…
CATL shares slide after $5 billion Hong Kong share placement plan
A CATL logo is displayed on a smartphone screen with a Hong Kong Stock Exchange (HKEX) logo in the background on May 7, 2025 in Chongqing, China. Li Hongbo | Visual China Group | Getty ImagesShares of China's Contemporary Amperex…
Bank of Japan keeps policy rate steady while raising inflation forecast on
The yen rose on Monday, helped by comments from Bank of Japan Governor Kazuo Ueda who left the door open to a near-term rate hike. Javier Ghersi | Moment | Getty ImagesJapan's central bank kept its policy rate steady at 0.75% on Tuesday,…
BYD draws EU scrutiny over labor abuse allegations at Hungary factory
The world's largest car carrier, BYD ''Shenzhen'', loads over 7,000 BYD new energy commercial vehicles at Haitong Terminal in Taicang Port Area, Suzhou Port, and sets sail for Brazil in Taicang City, Jiangsu Province, China, on April 27,…
In China, companies are shipping AI hardware
An interactive display featuring artificial intelligence at the iRootech Technology Co. offices in Guangzhou, China, on Wednesday, April 15, 2026.Bloomberg | Bloomberg | Getty Images
Hi, this is Evelyn, writing to you from Beijing.…