World News
Ukraine set to sign major minerals deal with US amid ceasefire talks
Ukraine is set to sign a major rare earth minerals deal with the US, amid ongoing ceasefire talks as both sides push for faster negotiations and a potential ceasefire
 "Ukraine set to sign major minerals deal with US amid ceasefire talks")
Wall Street tumbles as S&P 500 slides 2% on signs of US slowdown
The weaker-than-expected report on the US economy surprised financial markets because economists were expecting to see modest growth
 "Wall Street tumbles as S&P 500 slides 2% on signs of US slowdown")
PSX plunges 3,500 points due to increasing risk of showdown with India
Information Minister Atta Tarar said that India was planning military action against Pakistan in 26 to 36 hours, spreading panic in the market
 "PSX plunges 3,500 points due to increasing risk of showdown with India")
Gland Pharma gets USFDA nod for Vyzulta generic with 180-day exclusivity
The company's product is bioequivalent and therapeutically equivalent to Bausch and Lomb, Inc's Vyzulta ophthalmic solution, it added
 "Gland Pharma gets USFDA nod for Vyzulta generic with 180-day exclusivity")
Who will be the next Pope? Italians try to predict with 'Fantapapa' game
With betting frowned upon in Italy, thousands are playing 'Fantapapa'-a fantasy game where users guess the next pope
 "Who will be the next Pope? Italians try to predict with 'Fantapapa' game")
US economy shrinks 0.3% in Q1 as tariff-driven imports hit GDP growth
Gross domestic product decreased at a 0.3% annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said in its advance estimate of first-quarter GDP on Wednesday
Nasa uncovers clues about gold's cosmic origin: All you need to know
The mystery of where the precious metal gold came from in the Universe may finally have been solved as Nasa finally has some clues
 "Nasa uncovers clues about gold's cosmic origin: All you need to know")
Freshworks reports 19% revenue growth in Q1, reaching $196.3 million
We continue to outperform because businesses are choosing Freshworks for our uncomplicated customer and employee service solutions, he said in a company statement on Wednesday
 "Freshworks reports 19% revenue growth in Q1, reaching $196.3 million")
Cracked homes, tilting mosques: Iran's land is sinking at record rates
Iran's land is collapsing under years of drought, overuse, and poor planning, putting millions, critical infrastructure, and world heritage sites at risk
 "Cracked homes, tilting mosques: Iran's land is sinking at record rates")
Mark Mobius holds 95% cash in funds, says trade jitters may last months
Investors will likely only be able to assess market opportunities once the trade negotiations take place over the next four to six months, said Mobius
 "Mark Mobius holds 95% cash in funds, says trade jitters may last months")
ArcelorMittal Q1 income dips 14% to $805 mn as sales drop 9% to $14.79 bn
Luxembourg-based ArcelorMittal is the world's largest integrated steel and mining company. It follows January-December fiscal year
 "ArcelorMittal Q1 income dips 14% to $805 mn as sales drop 9% to $14.79 bn")
Next round of nuclear talks with US will be held in Rome, says Iran's FM
Talks seek to limit Iran's nuclear programme in exchange for the lifting of some of the crushing economic sanctions the US has imposed on the Islamic Republic closing in on a half-century of enmity
 "Next round of nuclear talks with US will be held in Rome, says Iran's FM")
Will Vatican get its first K-Pop(e)? South Korean cardinal clears the air
Cardinal You Heung-sik rejects papal rumors, says media has never guessed right, and stresses that the next pope must lead with humility and deep listening
 "Will Vatican get its first K-Pop(e)? South Korean cardinal clears the air")
Trump's family-backed crypto firm courts Pakistan: What's in it for both?
World Liberty Financial, owned by Trump family, partners with Pakistan Crypto Council to boost blockchain adoption and DeFi integration
 "Trump's family-backed crypto firm courts Pakistan: What's in it for both?")
Adidas products may become costlier in the US, thanks to Trump tariffs
The German sportswear company did not make it clear by how much it is going to increase it product prices in the US
 "Adidas products may become costlier in the US, thanks to Trump tariffs")
4,700 North Korean soldiers killed or wounded fighting for Russia: S Korea
In January, the NIS said about 300 North Korean soldiers had died and another 2,700 had been injured, and the South Korean military increased the estimated casualties to 4,000 last month
 "4,700 North Korean soldiers killed or wounded fighting for Russia: S Korea")
ArcelorMittal warns of trade disruption despite strong quarterly profit
ArcelorMittal shipped about 13.6 million tons of steel in the first quarter, slightly up from the year-ago period
 "ArcelorMittal warns of trade disruption despite strong quarterly profit")
Hoping to regain investor trust, China enacts its first private sector law
China's Private Economy Promotion Law aims to level the playing field for private firms, protect against unfair treatment, and revive business confidence amid US trade tensions
 "Hoping to regain investor trust, China enacts its first private sector law")
'I'd like to be Pope', jokes Donald Trump amid Vatican succession talks
Trump jokes about wanting to be Pope, hints at Cardinal Dolan as top pick as Vatican begins sacred process to elect successor to Pope Francis
 "'I'd like to be Pope', jokes Donald Trump amid Vatican succession talks")
China's export orders dip in April as Trump's tariffs begin to bite
The sharp drop in the PMIs likely overstates the impact of tariffs due to negative sentiment effects, but it still suggests that China's economy is coming under pressure
