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INTERNATIONAL BUSINESS TIMES
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Top Story


US ECONOMIC GROWTH SLOWS SIGNIFICANTLY IN FIRST QUARTER

The US economy cooled markedly in the first three months this year, expanding
less than anticipated as consumer spending and exports decelerated, according to
government data released on Thursday.
 * New US Home Sales Pick Up In March
 * Asian Stocks Rise On Earnings Optimism As US Data Approaches
 * Inflation For Basic Consumer Goods Is Easing — What It Means For The Fed
 * Markets Bounce As MidEast Fears Ease, US Inflation In View
 * Markets Rise As Traders Consider US Rate Outlook


 * MIDDLE EAST CONFLICT LIVE: HOUTHIS RESUME RED SEA ATTACKS; ISRAEL-LEBANON
   BORDER TENSIONS INTENSIFY
   
   On Day 202 of the raging Gaza war, tensions in Israel's northern border with
   Lebanon raises the risk of a new battle front even as the international
   community calls for de-escalation in the Middle East.


 * ARIZONA STATE HOUSE PASSES BILL TO REPEAL 1864 ABORTION BAN
   
   The bill was passed in third try in three weeks. Earlier attempts were
   unsuccessful due to opposition from Republicans, who prevented the
   legislation from advancing to the floor for consideration.


 * MORE THAN 100 ARRESTED AT US UNIVERSITY PRO-PALESTINIAN PROTESTS
   
   More than 100 people were arrested Wednesday at two universities in
   California and Texas, officials said, after pro-Palestinian protests erupted
   across US campuses this week.


 * IN EAST UKRAINE, EXHAUSTED TROOPS EAGERLY AWAIT NEW US WEAPONS
   
   Exhausted Ukrainian soldiers near the front line were eagerly awaiting the
   arrival of desperately needed US weapons Thursday, with some bitter at how
   much the long wait has cost them.


 * US ANNOUNCES SWEEPING CUTS TO POWER SECTOR CARBON EMISSIONS
   
   President Joe Biden's government on Thursday finalized sweeping plans to curb
   planet-warming emissions from the nation's fossil fuel plants as part of the
   United States' efforts to confront the climate crisis.


 * GIULIANI AND MEADOWS AMONG 18 INDICTED IN ARIZONA FOR TRYING TO CHANGE
   TRUMP'S 2020 RESULTS
   
   The Arizona Attorney General has indicted 18 individuals, including Rudy
   Giuliani and Mark Meadows, for their alleged involvement in unlawfully
   attempting to secure Arizona's 2020 electoral votes for Donald Trump.


 * TIKTOK TO FIGHT US BAN LAW IN COURTS
   
   TikTok's CEO vowed Wednesday to fight in the courts to overturn a newly
   signed US law that could see the popular app banned due to allegations it is
   controlled by the China government.

Latest News


 * CHINA'S SHENZHOU-18 MISSION TAKES OFF BOUND FOR SPACE STATION


 * THOUSANDS OF FLIGHTS SCRAPPED AS FRENCH AIR TRAFFIC CONTROLLERS STRIKE


 * HEATSTROKE KILLS 30 IN THAILAND THIS YEAR AS SOUTHEAST ASIA BAKES


 * SCOTTISH LEADER SCRAPS COALITION DEAL WITH GREENS


 * MACRON WARNS 'MORTAL' EUROPE NEEDS CREDIBLE DEFENCE


 * MCKINSEY UNDER CRIMINAL INVESTIGATION OVER ALLEGED ROLE IN FUELING OPIOID
   EPIDEMIC


 * NORTH KOREANS IN CHINA VANISH AS BORDER REOPENS


 * US CONSPIRACY WEBSITE GATEWAY PUNDIT DECLARES BANKRUPTCY

THE BOTTOM LINE


WALL STREET TODAY: GDP REPORT SENDS STOCKS INTO FREEFALL

Blindsided by a subpar report on U.S. economic growth, Wall Street reacted
swiftly and strongly Thursday as all three major indices saw significant
declines.
 * US To Give Micron $6.1 Bn For American Chip Factories
 * Nestle Sales Slump On Weak North America Demand For Frozen Food
 * BHP Launches $38.8 Billion Takeover Bid For Rival Anglo American

Opinion
 * 
   US, ALLIES MUST TAKE ACTION IN DEALING WITH IRAN, UKRAINE
   
   Struan Stevenson
 * 
   OUTLOOK PROMISING FOR US-JAPAN BIOTECH COOPERATION
   
   John Stanford
 * 
   AFRICA IS RIPE FOR US BUSINESS INTEREST AND INVESTMENT
   
   John Olajide

Economy in Focus


 * TURKEY CENTRAL BANK HOLDS KEY INTEREST RATE STEADY
   
   Turkey's central bank held its key interest rate steady on Thursday but
   warned it could hike it again as the country's soaring inflation remains a
   headache for President Recep Tayyip Erdogan's government.


 * EUROZONE BUSINESS ACTIVITY ACCELERATES IN APRIL


 * INFLATION FOR BASIC CONSUMER GOODS IS EASING — WHAT IT MEANS FOR THE FED

War in Ukraine


 * LONG-AWAITED US MILITARY AID NO 'SILVER BULLET' FOR UKRAINE
   
   The United States is the first to acknowledge that its long-awaited $61
   billion aid package for Ukraine is not a "silver bullet."


 * ANGER AMONG UKRAINIANS IN POLAND AS KYIV HALTS PASSPORT RENEWALS
   
   Hundreds of Ukrainians crammed up against a closed passport office in Warsaw
   on Wednesday, furious over Kyiv's suspension of consular services for
   fighting-aged men in a bid to force them to return home and bolster troop
   numbers.


 * UKRAINE PUSHES MILITARY-AGED MEN TO RETURN HOME
   
   Ukraine on Tuesday suspended consular services for men of fighting age living
   abroad, after announcing measures to bring them home amid manpower shortages
   in the army fighting Russia.


 * UK'S SUNAK ANNOUNCES RAISED DEFENCE SPENDING, NEW UKRAINE AID
   
   UK Prime Minister Rishi Sunak Tuesday announced additional funding for
   Ukraine and pledged to increase Britain's own defence budget, during a visit
   to the Polish capital Warsaw.

Editor's pick


 * BITCOIN AND CRYPTO PRICE REVIEW - ANOTHER MYTH GETS BUSTED?


 * MASS CANCELLATIONS LOOM DESPITE FRENCH AIR UNION CANCELLING STRIKE


 * MIRED IN CRISIS, BOEING REPORTS ANOTHER LOSS


 * RECYCLED 'ZOMBIE' MISINFORMATION TARGETS US VOTERS


 * HACKERS LEAK PART OF SOURCE CODE OF EL SALVADOR'S BITCOIN WALLET


 * AZERBAIJAN SAYS 'CLOSER THAN EVER' TO ARMENIA PEACE DEAL AMID BORDER TALKS


 * HOW UK'S BIGGEST WATER SUPPLIER SANK INTO CRISIS


 * TAIWAN HIT BY DOZENS OF STRONG AFTERSHOCKS FROM DEADLY QUAKE


 * GAZA HEALTH SYSTEM 'COMPLETELY OBLITERATED': UN EXPERT


 * IN ECUADORAN AMAZON, BUTTERFLIES PROVIDE A GAUGE OF CLIMATE CHANGE

CRYPTO BLOCK


BITCOIN WILL PASS $250K, CENTRAL BANKS WILL JUMP IN BEFORE NEXT HALVING: BITWISE
CIO

Bitwise's Matt Hougan is very bullish about the path Bitcoin will take in the
next four years, even with not much movement from the world's largest digital
asset since its halving event.


 * LAWYERS FOR BINANCE'S CZ DECRY US PROSECUTORS' PROPOSED 3-YEAR SENTENCE


 * SPOT BTC, ETH ETFS TO BEGIN TRADING IN HONG KONG NEXT WEEK


 * BLACKROCK'S SPOT BITCOIN ETF HITS NEW MILESTONE IN INFLOWS STREAK

Sponsored Insight


ROOTLY'S NEW AI-POWERED ON-CALL IS A DISRUPTIVE FORCE IN MODERN INCIDENT
MANAGEMENT

Rootly is on a mission to streamline the entire incident management lifecycle
with a lightweight solution that meets enterprises where they are at.
 * Sponsored
   
   
   BIOPHARMA STARTUP KEYLIKA IS REDEFINING IRON DEFICIENCY ANEMIA WITH A NOVEL
   IRON DRUG SKIN PATCH
   
   Keylika has developed a first-of-its-kind iron molecule and an innovative
   delivery system that has immense potential to revolutionize drug delivery and
   development.
 * Sponsored
   
   
   MIKE 'FIVEMIKES' ANDREWS EXPLORES WHAT IT REALLY MEANS TO BE A BLACK MAN AND
   FATHER IN THESE TUMULTUOUS TIMES
   
   The Idea of Manhood podcast will continue to serve as a catalyst for
   conversations that challenge conventional notions of manhood and promote a
   more inclusive understanding of what it means to be a Black man in today's
   society.


IBT SPOTLIGHT

We Help Businesses Find B2B Service Providers They Can Trust.

Get Listed
IBT VIDEO


US ECONOMIC UNCERTAINTY MEANS BIGGER 'BLACK FRIDAY' DISCOUNTS

The retail sector's efforts to entice holiday gift purchases builds to a
crescendo this weekend with the annual "Black Friday" shopping day followed by
the newer "Cyber Monday."


 * DUBLIN RIOT HIGHLIGHTS 'FAR-RIGHT' AGITATION OVER IRELAND IMMIGRATION

 * 01:40
   
   
   TAIWAN STRAIT: CHINESE SHIP 'CUTS OFF US DESTROYER'

 * 00:22
   
   
   DASHCAM VIDEO CAPTURES MISSILE FALLING NEAR KYIV CAR

 * 01:37
   
   
   BUSINESS LOOKAHEAD: JOBS, PRICES AND AI

 * 01:30
   
   
   SAUDI PLEDGES BIG OIL CUTS IN JULY

 * MOST READ

 * 1
   
   Pro-Palestinian Protests Spread At US Universities
 * 2
   
   Tesla 'Hodls,' Retains Over $700M In Bitcoin During First Quarter
 * 3
   
   Jackie Chan Net Worth 2024: Martial Arts Icon's Success Through Film And
   Beyond
 * 4
   
   Judge Reserves Decision On Holding Trump In Contempt Over Gag Order
   Violations
 * 5
   
   Magnus Carlsen Net Worth 2024: Life And Fortune Of The Chess Grandmaster

Companies



 * FRANCE'S CASINO SUPERMARKET CHAIN TO AXE UP TO 3,200 JOBS


 * HEINEKEN BEER SALES POP BUT HAZY DAYS AHEAD


 * GOOGLE FIRES OVER 20 MORE EMPLOYEES AMID ISRAELI DEAL PROTESTS


 * EU THREATENS TO SUSPEND TIKTOK LITE APP'S 'ADDICTIVE' REWARDS

Business


 * ASIAN MARKETS MIXED AS GLOBAL RALLY STALLS, EYES ON YEN
   
   Asian equities were mixed Thursday as investors turned cautious after the
   past three days' sizeable gains, with Meta's warning that it will spend far
   more than expected this year fuelling worries that the latest tech-led rally
   may have gone too far.


 * CAR GIANTS VIE FOR EV CROWN AT BEIJING'S AUTO CHINA SHOW


 * GENERAL MOTORS LIFTS 2024 PROFIT FORECAST AFTER STRONG Q1

World


 * THE MYANMAR 'WATER BROTHERS' SALVAGING SHIPWRECKS ON THE TIDE
   
   Diving into the darkness of the Yangon River, Than Nyunt starts another murky
   sortie in his months-long mission to salvage a sunken ship using the power of
   the moon.


 * TOUGH TIMES FOR ARGENTINE FACTORIES AS CONSUMERS PENNY-PINCH


 * IRAN CUTS SYRIA PRESENCE AFTER STRIKES BLAMED ON ISRAEL: MONITOR

Technology



 * TIKTOK SUSPENDS REWARDS PROGRAMME AFTER EU PROBE


 * CHINESE SELLERS GO TO TIKTOK SCHOOL TO REACH BUYERS ABROAD


 * UNITEDHEALTH REVEALS BIGGEST CYBERATTACK ON AMERICAN HEALTHCARE SYSTEM
   AFFECTING MILLIONS


 * 17 BEST 3D PRINTERS FOR BEGINNERS IN 2024: START YOUR JOURNEY WITH EASE

National


 * BIDEN ADMINISTRATION FINALIZES RULE TO EXPAND OVERTIME PAY TO MILLIONS OF
   SALARIED WORKERS
   
   The US Department of Labor announced a final rule that will extend overtime
   pay eligibility to around 4 million salaried workers, surpassing previous
   regulations.


 * BIDEN AND TRUMP SECURE VICTORIES IN PENNSYLVANIA PRIMARY, SETTING STAGE FOR
   BATTLEGROUND SHOWDOWN


 * THEY STORMED THE US CAPITOL IN 2021 - NOW THEY WANT TO SERVE THERE

Politics


 * MAURITANIA PRESIDENT SAYS RUNNING FOR SECOND TERM IN JUNE POLLS
   
   Mauritania President Mohamed Ould Ghazouani said Wednesday he would run for a
   second term in presidential elections due in June.


 * BRAZIL JUDGE DROPS CASE ON BOLSONARO STAY IN HUNGARIAN EMBASSY


 * SPAIN PM UNDER PRESSURE AS WIFE FACES GRAFT PROBE

Entertainment



 * A SWIFTIE HALF? FANS FLOCK TO LONDON PUB NAMECHECKED BY US STAR


 * JAMES CAMERON NET WORTH 2024: A DEEP DIVE INTO THE VISIONARY FILMMAKER'S LIFE
   AND SUCCESS


 * DJ KHALED NET WORTH 2024: THE MUSIC MOGUL'S MAJOR KEY TO MILLIONS


 * TAYLOR SWIFT'S 'THE TORTURED POETS DEPARTMENT' SET TO DROP

Life & Style


 * VENICE LAUNCHES FIVE-EURO ENTRY FEE
   
   Visitors entering the UNESCO World Heritage site for the day have to buy a
   five-euro ($5.3) ticket, with inspectors carrying out spot checks at key
   entry points.


 * BLADES OF PARIS LANDMARK MOULIN ROUGE WINDMILL COLLAPSE


 * TOP PRICE PREDICTED FOR LONG-LOST KLIMT PORTRAIT AT VIENNA AUCTION

Sports


 * FIVE-STAR ARSENAL THRASH CHELSEA TO OPEN UP PREMIER LEAGUE LEAD


 * CHINA CALLS SWIMMER DOPING REPORTS 'FAKE NEWS'


 * MAGNUS CARLSEN NET WORTH 2024: LIFE AND FORTUNE OF THE CHESS GRANDMASTER

People


 * AL PACINO NET WORTH 2024: HOLLYWOOD LEGEND'S STELLAR CAREER AND FORTUNE


 * TAYE DIGGS NET WORTH 2024: FROM BROADWAY TO THE BIG SCREEN


 * RUBEN AMORIM: PORTUGAL'S NEXT COACHING SUPERSTAR, TIPPED FOR LIVERPOOL

NEWS
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