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Tim Cook will step down as Apple CEO and hand reins over to the iPhone maker’s hardware leader

Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company's market value soar by more than $3.6 trillion during an iPhone-fueled era of prosperity. Cook, 65, will turn ...
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Labor Secretary Lori Chavez-DeRemer is leaving Trump’s Cabinet after abuse of power allegations

WASHINGTON (AP) - Labor Secretary Lori Chavez-DeRemer is out of President Donald Trump's Cabinet, the White House said Monday, after multiple allegations of abusing her position's power, including having an affair with a subordinate and drinking alcohol on the job. Chavez-DeRemer is the third Trump ...
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Stocks tumble and oil prices rise as US-Iran ceasefire uncertain before deadline

(NEW YORK) -- Stocks dipped and oil prices rose in early trading on Monday as tensions mounted in the Strait of Hormuz, putting pressure on the ceasefire between the U.S and Iran a day before it's set to expire.The Dow Jones Industrial Average fell ...
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Inside one of Amsterdam’s first supervised self-driving Teslas

By Marta Fiorin and Toby Sterling AMSTERDAM, April 20 (Reuters) - As Kees Roelandschap navigates down the narrow canal-side streets of Amsterdam, flanked by the city's many bicycle riders, it takes a second to realise what's different: he doesn't have his hands on the wheel ...
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Merz touts Brazil’s potential on critical metals, says Germany can supply technology

HANOVER, Germany, April 20 (Reuters) - Germany Chancellor Friedrich Merz said on Monday that Brazil had great potential to expand deliveries of critical metals, adding that Germany can supply the technology. "There are significant opportunities in the cost-effective extraction of certain metals required for ...
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An Iraqi captain keeps sailing despite the threat of attack amid regional war

BAGHDAD (AP) - Aboard an oil tanker plying the tense waters between the Gulf of Oman and the Strait of Hormuz, Iraqi Captain Rahman Al-Jubouri continues to work in one of the world's most volatile maritime corridors, where the U.S.-Israel war with Iran has ...
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Oil jumps, stocks wobble as Mideast ceasefire hangs in the balance

By Tom Westbrook SINGAPORE, April 20 (Reuters) - Oil prices jumped and stock futures fell on Monday as rising tension in the Middle East kept shipping in and out of the Gulf to a minimum, though traders held out hope for a resolution and Asia's ...
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Dollar pushes to one-week high as Middle East tensions reignite

By Ankur Banerjee and Gregor Stuart Hunter SINGAPORE/TOKYO, April 20 (Reuters) - The U.S. dollar firmed to its highest level in a week against major currencies on Monday before paring gains as renewed U.S.-Iran tensions and fading hopes for a Middle East peace deal sent ...
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Asian airlines report Europe demand surge as Gulf hub disruption shifts traffic

By Julie Zhu HONG KONG, April 20 (Reuters) - Major Asian airlines have reported surging demand on European routes as travellers shun disrupted Middle Eastern hubs, in a shift analysts suggest could persist for some time even after the Iran conflict ends. Hong Kong's Cathay Pacific ...
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Oil prices rise anew after a US-Iran standoff in the Strait of Hormuz strands tankers

NEW YORK (AP) - Oil prices rose in early trading Sunday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz, the Persian Gulf waterway that is crucial to global energy supplies. The price of U.S. crude oil increased ...
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China leaves lending benchmarks unchanged for 11th month in April

SHANGHAI, April 20 (Reuters) - China on Monday left benchmark loan prime rates (LPRs) unchanged for the 11th consecutive month in April, in line with market expectations. WHY IT'S IMPORTANT Solid economic growth at the start of the year and a pick-up in inflation reduced the ...
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National Australia Bank flags $503 million impairment hit on Mideast volatility

By Scott Murdoch and Shivangi Lahiri April 20 (Reuters) - Australia's largest business lender, National Australia Bank, on Monday said it expects to incur credit impairment charges of A$706 million ($503 million) in the first half, as the Iran war roils the global economy ...
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