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Tesla reports higher profits, confirms hefty spending ahead
Tesla reported higher first-quarter profits Wednesday, topping expectations as it confirmed plans for massive additional investments in autonomous transport, humanoid robotics and artificial intelligence.
Tesla reports higher profits, topping estimates
Tesla reported higher first-quarter profits Wednesday, pointing to recovering demand in North America as it pursues significant investments in autonomous transport and artificial intelligence.
US stocks rise, shrugging off uncertain ceasefire prospects while oil prices jump
Oil prices climbed Wednesday while stocks were mixed as Iranian officials refused to reopen the Strait of Hormuz after US President Donald Trump announced the extension of a ceasefire.
Migrants deported from US stranded, 'scared' in DR Congo
Spending the past five days cooped up in a hotel in the capital of the Democratic Republic of Congo is not quite what a group of Latin Americans expected when they sought asylum in the United States.
US doesn't dictate terms of trade talks: Carney
The United States does not get to dictate the terms of upcoming trade talks, Canadian Prime Minister Mark Carney said Wednesday, when asked about reports that Washington wanted an "entry fee" before starting negotiations.
Mideast war weighs on parent of Durex condoms
Reckitt Benckiser, the British supplier of health and hygiene products including Durex condoms, said Wednesday that soaring oil prices caused by the Middle East war could cost it up to £150 million ($203 million).
US Treasury chief defends pivot to extend Russia oil sanctions relief
US Treasury Secretary Scott Bessent on Wednesday defended the Trump administration's recent about-face to temporarily extend a sanctions waiver that allowed the sale of Russian oil already at sea.
Oil prices rise on uncertain prospects for US-Iran ceasefire
Oil prices climbed Wednesday while stocks were mixed after US President Donald Trump announced the extension of a ceasefire with Iran, prompting investors to wait and see if peace talks would resume.
New drugs raise hopes of pancreatic cancer breakthrough
After decades of struggling to find a way to treat pancreatic cancer, researchers have developed several promising new drugs that could offer rare hope to patients given this particularly deadly diagnosis.
South Africa coal delay could cause 32,000 deaths, report says
South Africa risks thousands of premature deaths if the phase-out of coal plants is delayed due to the government's updated decommissioning dates, climate rights groups said in a report Wednesday.
EU unblocks 90-bn-euro Ukraine loan after Hungary row
The EU on Wednesday gave the green light to unblock a 90-billion-euro ($106 billion) loan for Kyiv, after the deadlock was broken in a months-long row between Ukraine and Hungary over a damaged pipeline.
Thousands of London commuters walk to work in underground strike
Workers streamed into the British capital by foot, bike and bus Wednesday as strike action on the London Underground train network disrupted services.
Boeing reports narrowing loss, points to progress on turnaround
Boeing reported a small quarterly loss Wednesday following an uptick in commercial plane deliveries as the aerospace giant pointed to progress on a turnaround after a long period of stumbles.
EU nears approval of Ukraine loan after Hungary pipeline row
The EU on Wednesday gave a preliminary green light to unblocking a 90-billion-euro ($106 billion) for Kyiv, after a months-long row between Ukraine and Hungary over a damaged pipeline.
Three ships targeted in Hormuz, Iran seizes two: monitors, Guards
Iranian forces targeted three container ships on Wednesday, seizing two and firing on a third, global security monitors and the country's Revolutionary Guards said, the latest incidents to threaten a crucial trade route in the Middle East war.
Ships attacked in Gulf as Trump extends Iran ceasefire
Iranian gunboats attacked at least one container ship in the Strait of Hormuz on Wednesday, maritime agencies said, despite US President Donald Trump announcing he was extending a ceasefire to allow more time for peace talks.
Germany set to slash growth forecast due to Mideast war
The German government on Wednesday is expected to cut its growth forecast for this year as the energy shock triggered by the Middle East war hammers Europe's biggest economy.
UK inflation jumps as Mideast war propels energy prices
Britain's annual inflation rate jumped to 3.3 percent in March as the Middle East war sent oil and gas prices surging, official data showed Wednesday.
Oil falls, stocks mixed as traders weigh outlook after Trump extends truce
Oil prices fell and stocks were mixed Wednesday as investors assess the chances of US-Iran peace talks after Donald Trump extended his ceasefire at the eleventh hour but kept his blockade of the Strait of Hormuz in place.
Chinese carmakers aim to build up presence in Europe
Chinese carmakers have quickly built up their presence in the lucrative European auto market, buoyed by technological advances their competitors are trying to copy, and analysts say their next step is to begin producing locally.
Young Chinese use AI to launch one-person firms over job anxiety
Young Chinese, many who fear age discrimination in their workplace after turning 35, are increasingly starting "one-person companies" that have artificial intelligence do most of the work.
AI-powered robots offer new hope to German factories
A blue-eyed humanoid robot carefully opens a box and places a tool inside as a crowd of visitors watch the demonstration of "physical AI" skills at a major industrial trade fair in Germany.
One month phone-free: Young Americans try digital detox
Getting around without Google Maps. No longer scrolling Instagram at the bus stop. Ditching your headphones to hear the birds sing.
Questions about Tesla spending binge ahead of earnings
Questions about Tesla's progress towards achieving fully autonomous driving at scale are expected to figure prominently when the company reports results Wednesday.
John Ternus to lead Apple in the age of AI
The future of Apple is being entrusted to a company veteran said to combine hardware brilliance with "the soul of an innovator."
Stocks fall, oil climbs amid uncertainty over US-Iran talks
Oil prices climbed and stocks slid Tuesday as uncertainty reigned over US-Iranian peace talks resuming, and the expiration of the two-week ceasefire in the Middle East loomed.
Mexico pyramid shooting was planned attack, officials say
Mexican authorities said Tuesday that the man who killed a Canadian woman and wounded 13 others the day before at the famed Teotihuacan pyramids had planned the attack in advance.
Maker of Argentina's first Oscar-winning film, Luis Puenzo, dies at 80:
The director of the first Argentine film to win an Oscar, Luis Puenzo, died on Tuesday aged 80, the main organization representing Argentine creatives said Tuesday.
US Fed chair nominee says will not be controlled by Trump
Donald Trump's choice to lead the US Federal Reserve, Kevin Warsh, stressed Tuesday that he would not be controlled by the president as he fielded questions on his assets and central bank independence during his confirmation hearing.
US Fed chair nominee says he will not be controlled by Trump
Donald Trump's choice to lead the US Federal Reserve, Kevin Warsh, stressed Tuesday that he would not be controlled by the president as he fielded questions on his assets and central bank independence during his confirmation hearing.
In Portugal, Lula urges return to multilateralism
Brazilian President Luiz Inacio Lula da Silva on Tuesday championed trade multilateralism, saying Brazil seeks commercial ties "without preference" with partners from China and the United States to Russia and France.
Chery wants to make small electric car in Europe
Chinese carmaker Chery said Tuesday it wants to manufacture a small electric vehicle in Europe for the European market.