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Man City's Premier League charges to be resolved in 'near future'

Premier League chief executive Richard Masters on Friday revealed the case against Manchester City for alleged financial breaches will be resolved in the "near future".

Junta-led Burkina Faso suspends BBC, Voice of America for two weeks

Burkina Faso has suspended the BBC and Voice of America radio networks from broadcasting after they aired a rights report accusing the army of attacks on civilians in its battle against jihadists. It said the decision had been taken because BBC Africa and the VOA had aired and also published a report on their digital platforms "accusing the Burkina army of abuses against the civilian population".

US Fed's favored inflation measure accelerates, dimming rate cut hopes

The US central bank's favored measure of inflation accelerated last month, according to government data published Friday, pushing back the chances of an interest rate cut this summer. The data published Friday also show that personal income accelerated last month, rising by 0.5 percent in March from a month earlier, the Commerce Department said.

EU toughens rules on Chinese fashion retailer Shein

The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are large enough to come under stricter safety curbs. The company joins Facebook, TikTok, X, YouTube in a list of 23 "very large online platforms", which have more than 45 million monthly active users in the European Union.

Cybersecurity firm Darktrace accepts $5 bn takeover

Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma Bravo, which highlighted the British group's "capability in artificial intelligence".

Kenyan rugby player turned TikTok star cooks to fight depression

Asian markets mixed as strong US tech earnings offset poor data

Markets were mixed on Friday after forecast-topping earnings from Microsoft and Alphabet helped soothe worries that a tech-fuelled rally may have been overdone, while the yen hit a fresh 34-year low after the Bank of Japan stood pat on interest rates.

Clean energy drives massive BHP takeover bid

BHP's multi-billion-dollar bid to buy rival Anglo American promises to be the largest mining merger deal in decades, and one driven by the race for cleaner energy and green metals. Analysts say the rationale behind BHP's near US$40 billion bid can be summed up in one word: copper.

China's EV execs bullish on Western pressure at Beijing car show

Electric vehicle executives at a top car show in China were bullish on prospects for growth, despite a gruelling price war and mounting Western pressure on the industry. And even as firms face down a cut-throat price war at home and mounting regulatory pressure overseas, executives and attendees were upbeat.

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