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• De Zuid-Koreaanse Kospi-index kelderde op 13 mei in het begin van de handel met wel 3,2% omdat Samsung Electronics geen loonakkoord kon sluiten met haar vakbond, maar herstelde zich vervolgens scherp met 2,6% om te sluiten op een recordhoogte van 7.708-7.844. • Het herstel werd ondersteund door overheidsinspanningen om de arbeidssituatie te beheersen en een breder AI-optimisme dat het marktsentiment deed herleven, ondanks Amerikaanse inflatiegegevens en spanningen met Iran. • Deze opvallende prestatie stond in contrast met gemengde regionale bewegingen, wat de volatiliteit van Korea benadrukte te midden van bedrijfskwesties rond arbeid en de kracht van de techsector.

Rhun ap Iowerth hoopt dat het regeringsprogramma van zijn partij steun zal krijgen uit het hele Senedd. UK politics live – laatste updates. De leider van Plaid Cymru hoopt uiterlijk dinsdag First Minister van Wales te worden, nadat zijn partij een historische overwinning behaalde bij de Senedd-verkiezingen, waarbij Labour duidelijk werd verslagen en Reform UK werd tegengehouden. Plaid behaalde geen meerderheid in het Welsh parliament, maar Rhun ap Iorwerth zei zondag dat hij hoopt dat andere partijen met hem zullen samenwerken, en riep UK Labour op om Wales niet te straffen voor het resultaat. Lees verder...

• De eerste tellingen tonen David Farley met een duidelijke voorsprong op de onafhankelijke Michelle Milthorpe, terwijl de steun voor de Coalition keldert. • One Nation leek zaterdagavond op weg naar haar eerste overwinning ooit in het lagerhuis, waarbij vroege resultaten laten zien dat de opstandige partij van Pauline Hanson de leiding neemt in de tussentijdse verkiezingen in Farrer. • Irrigatieexpert David Farley leek goed gepositioneerd om de onafhankelijke Michelle Milthorpe te verslaan in deze nauwgevolgde race, wat de dramatische stijging van de publieke steun voor One Nation sinds de federale verkiezingen van vorig jaar bevestigt en de door Angus Taylor geleide, verzwakte Liberal party verder ondermijnt.

• Chinese bedrijven voltooiden in het eerste kwartaal van 2026 offshore fusies en overnames ter waarde van bijna 10 miljard dollar, wat een hoogtepunt in vijf jaar markeert ondanks aanhoudende regelgevende barrières. • Transacties waren gericht op sleutelsectoren, waaronder grondstoffen, consumptiegoederen en productie, aangezien bedrijven zoeken naar groeimogelijkheden in het buitenland. • De stijging onderstreept de drang van China naar wereldwijde expansie te midden van binnenlandse economische druk en handelsspanningen.

Hoewel de verliezen van Labour en de winst van Reform duidelijk zijn, is de aard van hoe mensen daadwerkelijk hebben gestemd veel genuanceerder

• Oorlog in Iran drijft prijzen voor brandstof en grondstoffen op, aldus onderzoek Business live – laatste updates • Bouwbedrijven in het VK ervaren enkele van de scherpste kostenstijgingen in bijna 30 jaar, aangezien de oorlog in Iran de prijzen voor brandstof en grondstoffen opdrijft, volgens een nauwgevolgd onderzoek. • Uit de peiling onder Britse bouwbedrijven bleek dat de inflatie van de inputkosten – die uitgaven zoals grondstoffen, energie en arbeid omvat – vorige maand steeg naar het hoogste niveau sinds juni 2022, toen er een piek was in de grondstoffenprijzen veroorzaakt door de Russische invasie van Oekraïne. Lees verder...

Exclusief: Taskforce overweegt opties om niveau te verlagen naar 150.000-200.000, hoger dan de strikte limiet van 130.000 van One Nation en het doel van 100.000 uit het Howard-tijdperk Ontvang onze breaking news-e-mail, gratis app of dagelijkse nieuwspodcast De Coalitie is van plan om de jaarlijkse netto buitenlandse immigratiecijfers van Australië te verlagen naar 150.000-200.000, volgens een vertrouwelijke beleidsroadmap waaruit blijkt dat Angus Taylor zich voorbereidt op een mogelijke vervroegde verkiezing. Een intern document dat is verspreid onder senior Coalitie- parlementariërs beschrijft de belangrijkste beleidspunten waarop de oppositie haar verkiezingsprogramma wil baseren, terwijl zij zich herstelt van het catastrofale verlies in 2025. Lees verder...

• De gemiddelde Amerikaanse benzineprijzen zijn gestegen naar $4,50 per gallon, het hoogste niveau sinds 2022, wat wijst op bredere druk op de energiemarkt in verband met spanningen in het Midden-Oosten en productiebesluiten van de OPEC. • De prijsstijging vindt plaats te midden van lopende onderhandelingen tussen de regering-Trump en Iran, die onzekerheid hebben gecreëerd op de wereldwijde oliemarkten en de binnenlandse brandstofkosten hebben beïnvloed. • Energieanalisten schrijven de stijging toe aan geopolitieke risicopremies, verminderd vertrouwen in het aanbod en een lagere raffinagecapaciteit na seizoensgebonden onderhoud.

• Early trends from West Bengal assembly elections show BJP ahead of the Trinamool Congress (TMC), signaling a potential historic shift in the state's political landscape. • The early leads suggest competitive dynamics across constituencies, though final results remain uncertain as vote counting progresses and trends can shift significantly. • The election results could have implications for Indian politics at the national level and investor sentiment regarding governance and policy continuity in West Bengal's economy.

Budget airline left thousands stranded on Saturday after ceasing operations amid financial troublesSpirit Airlines shutdown: how to get home and get refundsPolitical blame game begins and passengers left adrift after Spirit ceases operationsSpirit Airlines has almost finished refunding customers for flights abruptly canceled over the weekend as the company folded.The budget airline left thousands of customers and staff stranded after deciding on Saturday to pull the plug on a business that was struggling for years, before a surge in the price of jet fuel blew a new hole in its budget. Continue reading...

• Atlanta Braves star Ronald Acuña Jr. left the game early on May 3 due to left hamstring tightness, raising concerns for the team's lineup. • The injury occurred during a key moment, forcing manager Brian Snitker to adjust defensively and offensively mid-game. • Acuña's absence could impact Atlanta's strong start, as he's central to their offensive output with a .320 average this season.

Exclusive: The collection, including donations from Paul McCartney’s brother Mike, shows band’s development in early 60sA rare set of letters and photos from the early days of the Beatles, in which they write about feeling like stars for the first time, is to go on display in Hamburg.The collection, from an influential period when the band lived in the German city, includes the only letter in existence with words from both Paul McCartney and John Lennon, which was written to the bassist’s brother, Mike McCartney. Continue reading...

Exclusive: women ‘massively underrepresented’ in next week’s local and devolved elections, campaigners say Women will be massively underrepresented on ballot papers across the UK next week, campaigners say, with research revealing that almost twice as many men as women are standing as candidates across the local, mayoral and devolved elections.Democracy campaigners say men of all political stripes are likely to dominate local government, with women’s views on issues from social care to bin collections sidelined by the huge gap between the numbers of male and female candidates. Continue reading...

The Arab oil producer has long expressed frustration with the quotas it has to follow as part of OPEC, the cartel of major state-owned oil producers.(Image credit: Joe Klamar)

• Environmental Working Group study finds 20% of Americans used systems with elevated nitrate levels from 2021-2023 data. • Nitrate poses health risks including cancer and developmental issues in contaminated supplies. • Affects millions nationwide, urging stricter regulations and testing.

Pineland Road fire and Highway 82 fire have destroyed over 100 homes, and are part of large number of wildfires this spring in the US southSign up for the Breaking News US email to get newsletter alerts in your inboxHeavy rain slowed the progress of two sprawling southern Georgia wildfires over the weekend, allowing crews to make some progress in containing the blazes that have destroyed more than 100 homes.Although the rain helped the firefighting efforts, it wasn’t “nearly enough to put the fires out” and crews responded to 10 new blazes throughout the drought-stricken state Sunday, the Georgia Forestry Commission said Monday. Continue reading...

James Sherwin-Smith will be up for election after securing more than 250 nominations to run alongside existing directorsNationwide building society could have a customer on its board for the first time in nearly a quarter of a century after one of its longtime members secured enough support for a spot on the lender’s annual ballot.James Sherwin-Smith will be up for board elections at Nationwide’s annual general meeting (AGM) in July, having gathered more than the 250 peer nominations necessary to run alongside existing directors. Continue reading...

American Lung Association report comes amid Trump EPA’s expansive rollback of environmental protections Nearly half of children in the United States are breathing dangerous levels of air pollution, according to a new report, as experts warned Donald Trump’s expansive rollback of protections will make the situation worse.The 27th annual air quality report from the American Lung Association (ALA) released on Wednesday evaluates pollution across the country by grading levels of ground-level ozone – also known as smog – as well as year-round and short-term spikes in particle pollution, commonly referred to as soot. The report analyzed quality-assured data collected between 2022 and 2024. Continue reading...

• Global private markets platform Moonfare announced a new AI-focused technology strategy targeting early and growth-stage investments for diversified US-relevant AI exposure. • Strategy features curated portfolio of leading growth managers plus direct investments in category-leading US technology companies driving AI innovation. • Aims to capitalize on transformative AI advancements, providing investors access to high-potential startups in the booming sector.

Brent crude drops and gas prices slide amid hopes Donald Trump will succeed in reaching deal with TehranOil and gas prices tumbled by almost 10% on Friday after Iran said the strait of Hormuz would open to commercial shipping, potentially clearing the way for tankers holding millions of barrels of oil and gas to reach the global market.Iran’s foreign minister said that vessels would be free to transit the strait of Hormuz for the duration of the 10-day ceasefire between Israel and Lebanon struck on Thursday. Continue reading...

The prime minister has weathered the crises – for now – and there is a growing recognition that Australia is too vulnerable to world eventsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAnthony Albanese’s fuel diplomacy tour of Asia has already started paying dividends, but the real test could still be to come.After last week’s rush to Singapore and pulling forward a planned visit, the prime minister dashed back to Australia from Malaysia on Thursday, to survey the damage at one of the nation’s only remaining fuel refineries. The hastily arranged trips, were to show a leader on the job; to demonstrate Albanese’s attention to the fuel crisis. Continue reading...

Leaders of Poland and Germany hail Péter Magyar’s majority as a turning of the tide – but analysts say there were other reasons for defeat of prime ministerFor Poland’s Donald Tusk, the crushing defeat of Hungary’s illiberal prime minister, Viktor Orbán, after 16 years in office was evidence that the world was “not condemned to authoritarian and corrupt governments”.Germany’s chancellor, Friedrich Merz, also believes the two-thirds majority secured by Orbán’s centre-right challenger, Péter Magyar, in Sunday’s elections was “a clear signal against rightwing populism” that showed “the pendulum is swinging back”. Continue reading...

• Jake Paul stated he is targeting a return to the ring in late 2026 or early 2027 after recovering from a severe jaw injury sustained during his fight against Anthony Joshua. • Paul told Babcock this week that he is "finally feeling healthy again" and that his jaw is "definitely recovering," though he still requires medical clearance and testing before competing. • The boxer continues his rehabilitation process and has not ruled out further boxing ventures despite the significant injury, marking his next competitive timeline.

• Selena Gomez attended Demi Lovato's 'It's Not That Deep Tour' opening night in Orlando, Florida, on Monday, marking their first in-person reunion in nearly a decade. • Video footage captured Selena in a balcony seat smiling and engaged, with the pair sharing a sweet backstage moment before the show; Lovato debuted new song 'Lowrise Jeans' dropping Friday and performed with Joe Jonas. • The event highlights their enduring friendship amid both artists' personal and career comebacks in the music industry.

Engine-maker CEO hails ‘critical milestone’ for company in race to deliver SMR technology built at Wylfa plant on Anglesey Business live – latest updatesRolls-Royce has secured up to £599m from Britain’s national wealth fund as it races to develop the UK’s first small modular nuclear reactors.The fund will help support Rolls-Royce’s design of small modular reactors (SMRs) at Wylfa on the island of Anglesey (called Ynys Môn in Welsh). Continue reading...

Mo-Rez reduced or eliminated tumours in over 60% of patients and is expected to be a blockbuster drugGSK has revealed positive results for a treatment for gynaecological cancers as its chief executive, Luke Miels, steps up drug development efforts at the group.The company said that in an early-stage trial Mocertatug Rezetecan, known as Mo-Rez, shrank or eliminated tumours in 62% of patients with ovarian cancer where chemotherapy had failed, and in 67% of those with endometrial cancer. Continue reading...

Clarence Curtis Jordan was convicted in 1978 but hadn’t had a lawyer for over 30 yearsThe Texas court of criminal appeals has overturned the death sentence of Clarence Curtis Jordan, a 70-year-old man with intellectual disabilities, who spent nearly 50 years on death row – much of that time without a lawyer.Jordan was convicted in 1978 for the murder of Joe L Williams, a 40-year-old grocer in Houston, and was sentenced to death. In the years that followed, courts determined that Jordan, who has intellectual disabilities, was “incompetent”, making him ineligible for execution under constitutional standards. Continue reading...

• Amazon Web Services (AWS) achieved a $15 billion annual run rate in AI revenue during Q1 2026, according to CEO Andy Jassy's annual shareholder letter. • Amazon's internal chips business now generates over $20 billion per year, supporting AI infrastructure and custom silicon development. • The figures underscore Amazon's aggressive push into AI and cloud computing dominance amid intensifying competition from Microsoft Azure and Google Cloud.