Culture news
Elton John and Brandi Carlile vs Trump’s cuts to HIV/AIDS relief
“Without prompt action, decades of progress in the global fight against HIV could be reversed, creating a global health crisis that we have both the power and the tools to prevent,” said Elton John in a statement for the new joint-venture.
Europe News
Rubio: US will drop Ukraine-Russia peace efforts if no progress made
After weeks of efforts by the Trump administration to broker a ceasefire between Russia and Ukraine have failed to bring an end to the fighting, Rubio said the US administration wants to decide 'in a matter of days whether or not this is doable in the next few weeks.'
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Business
Donald Trump announces fees on Chinese-built vessels at US ports
The Trump administration announced new fees on Chinese-built vessels on Thursday, stating that the move aims to "begin to reverse Chinese dominance, address threats to the US supply chain, and send a demand signal for US-built ships."
Business
ASML misses order expectations as CEO warns of economic uncertainty
ASML reported net bookings that significantly missed analysts’ expectations in the first quarter, although it maintained its guidance for 2025. CEO Christophe Fouquet highlighted uncertainties around the macro environment and downside risks to the company’s performance this year.
Economy
China’s first-quarter economic growth beats estimates as tariffs loom
China’s economy grew by 5.4% in the first quarter, surpassing analysts’ expectations. Other key economic data has also topped estimates, suggesting the stimulus measures have been effective in bolstering the world’s second-largest economy. However, its economic outlook remains uncertain.