Prime Minister Anthony Albanese faces intense criticism after his government broke a 2025 election pledge by unveiling new taxes on capital gains and trusts. Business leaders and estate lawyers warn the budget will stifle economic ambition and act as a de facto death tax.
Alkane Resources has announced a record quarterly profit of $93 million for Q3 2026, driven by high commodity prices and strong production across its three-mine portfolio.
Coeur Mining executives Thomas S. Whelan and Michael Routledge will represent the firm at the upcoming Canaccord Global Metals & Mining Conference on May 20 in Nevada. The presentation will highlight the company’s diversified North American operations and critical mineral expansion.
President Trump's visit to China to secure market access was complicated by controversies surrounding Elon Musk's behavior and legal status. Body language analysts noted a shift in Trump's traditional handshake style while interacting with President Xi.
California Governor Gavin Newsom has proposed a $350 billion budget that eliminates projected deficits thanks to a surge in AI and stock market revenue. The plan avoids major cuts but faces internal pressure over corporate taxes and public safety funding.
President Trump and President Xi Jinping have gathered in Beijing for a high-stakes summit aimed at addressing trade, AI, and regional security. The meeting faces criticism over the lack of female representation in delegations and lingering tensions from last year's tariff disputes.
Honda has reported its first-ever annual loss, leading to the indefinite suspension of its Ontario EV plant and the cancellation of three planned North American electric models.
President Trump's visit to Beijing coincides with the Dow hitting 50,000, even as tensions rise over Taiwan. The summit, attended by major corporate leaders, remains focused on stabilizing trade amid regional conflict.
A new wave of financial guidance highlights significant savings on pharmacy bills through NHS exemptions, prepayment certificates, and strategic generic medicine shopping.
The UK economy grew by 0.6% in Q1 2026, marking its strongest performance in a year. However, analysts warn that rising energy costs and the conflict in the Middle East have already clouded the outlook for the remainder of the year.
India’s wholesale inflation jumped to 8.3% in April, driven by a global surge in crude oil prices amid the ongoing Middle East conflict. The data contrasts with stable retail inflation as the government intervenes to shield consumers from energy costs.
Australian Opposition leader Angus Taylor is facing stern pushback from business groups over a proposed migration cap tied to housing construction. While the Coalition aims to ease the record housing shortage, critics warn the strategy threatens the national economy and obscures more complex structural issues.
