Global central bankers meet in tokyo to address inflation and growth challenges
The gathering comes as many central banks are split between raising and cutting interest rates
Tanks over T-shirts: Trump outlines new manufacturing vision
Trump reiterates commitment to tariffs, prioritizes tech and defence over textiles
Bangladesh cancels $21 million defence deal with India amid rising tensions
Dhaka cancels deal with India's state-run Garden Reach Shipbuilders and Engineers Ltd for the construction of an ocean-going tugboat for its Navy
Oil climbs after Trump extends EU trade talks deadline to July
Brent crude futures slip 17 cents to $64.61 a barrel, while U.S. West Texas Intermediate crude falls 18 cents to $61.35 a barrel
Asian stocks, euro gain after Trump delays EU tariffs
Euro rises, dollar recovers as Trump gives more time for EU deal until July 9; US, UK markets closed for public holidays on Monday
Trump says he will delay tariffs on European Union until July 9
US president threatens to escalate trade war, demanding new import taxes starting June 1 due to slow trade talks
Elon Musk refocuses on business empire after global X outage
According to outage-tracking website Downdetector.com, over 25,800 incident reports were filed at the peak of the disruption
Moderna submits updated COVID-19 vaccine for FDA review
Moderna expects to launch the updated vaccine by mid-August, pending approval
US invites Asian officials to Alaska, eyes $44 billion LNG project
Officials from Taiwan, South Korea and Japan were invited to June 2 event in Alaska to discuss projects, including a vast gas pipeline
Trump supports Nippon Steel’s $14.9 billion bid for US Steel, shares jump 21%
US Steel praises the president’s leadership as his approval clears last big hurdle for the deal; partnership is expected to create at least than 70,000 jobs and help the American economy
Dollar drops as Trump proposes new EU tariffs and smartphone duties
The dollar falls 1% against the Japanese yen to 142.48, marking a two-week low
Amazon faces lawsuit over sale of rice contaminated with heavy metals
The suit covers 18 rice varieties sold on Amazon, including brands like Ben's Original and Whole Foods' 365 label
Musk’s DOGE expanding his Grok AI in US government, raising conflict concerns
Musk's xAI says on its website that it may monitor Grok users for “specific business purposes”
Oil prices rise ahead of Memorial Day weekend amid US-Iran nuclear talks
Brent crude futures closes at $64.78 a barrel up 0.54%, while U.S. West Texas Intermediate crude futures settle at $61.53, gaining 0.54%
Tariffs on Apple will also apply to Samsung, says Trump
This marks a reversal from Trump’s April decision to exclude electronics, including iPhones, from tariffs on Chinese imports