Daily News Digest

Friday, May 29, 2026 · 10 stories

10 stories ready
1Environmentlivemint.com

Indonesia’s nickel woes due to West Asia war to hit India’s EV battery and stainless-steel sectors

India's electric vehicle (EV) battery, energy storage services, and stainless-steel sectors are bracing for higher nickel prices and supply uncertainty following the West Asia war. This is due to phosphorus and sulphur supply shortages from West Asia due to the war and the blockade of the Strait of Hormuz. The country imports about 80% of its ferronickel requirements from Indonesia. Nickel prices in India rose by 7.2% to ₹1,71,540 per quintal in April, from ≹59,890 in February, according to data from the Centre for Monitoring Indian Economy (CMIE). BMW India has had to offset increasing logistics and material costs alongside a depreciating rupee. However, the bigger concern is rising costs, delays and supply uncertainties.

2Politicsus.headtopics.com

Marco Rubio surges, Pete Buttigieg pushes past Newsom in new 2028 presidential race poll

Support for US Secretary of State Marco Rubio has surged by 15 percentage points since February, placing him nearly equal with Vice President JD Vance in a new 2028 presidential race poll. The Emerson College survey also identified former Transportation Secretary Pete Buttigieg as the front-runner for the Democratic nomination. While Vance received 36% support among likely Republican primary voters, Rubio received 35%, up from 9% and 20% in previous surveys. The poll also revealed that 15% of the 432 GOP voters surveyed remain undecided, up 4 percentage points from the previous polls. The results come as President Trump has begun polling the crowd during speeches on whether they prefer Vance or Rubio for the presidency in 2028.

3Worldnytimes.com

Italian Police Uncover Dead Mob Boss’ $230 Million Business Empire

The Italian police have seized over $230 million in assets related to the illegalities of Matteo Messina Denaro, a notorious Sicilian mobster known for his bloodlust and business savvy. The discovery came after a tip from Andorra authorities about a suspiciously wealthy Sicilian woman. The woman was identified as a high-profile drug trafficker with close ties to Cosa Nostra. The investigation involved numerous locations across the globe, including the Cayman Islands, Gibraltar, Lebanon, and Luxembourg.

4Politicshindustantimes.com

Congress’s seasoned troubleshooter rises to the helm in Karnataka

Shivakumar, a seasoned troubleshooter for the Congress, has been named as the next chief minister in Karnataka, following his arrest in a money laundering case linked to tax investigations a year after his release from Delhi's Tihar Jail. Since then, Shivakumar has been sent across states to manage crises and was sent to Himachal Pradesh in 2024 to prevent the fall of the Sukhvinder Singh Sukhu government after six Congress MLAs voted against the party's nominee Abhishek Manu Singhvi. His rise within Karnataka Congress politics coincided with the rise of former chief minister SM Krishna, a prominent Vokkaliga leader, who later joined the BJP. Despite his imprisonment, Shivarakumar has maintained his loyalty to the party and has been praised for his organisational and crisis management skills.

5Sportsarchynetys.com

Messi's Fitness Questioned Ahead of Record 6th World Cup - Archynetys

Argentina's captain, Lionel Messi, has been questioned about his fitness ahead of the record-setting 6th World Cup. This came during a match between Inter Miami and the Philadelphia Union, where Messi appeared to struggle with discomfort in his left leg. This has raised concerns about his readiness for the summer's intensity and the potential impact on his health. Despite this, Argentina manager Lionel Scaloni has remained committed to ensuring Messi's participation. The 2026 tournament will be a historical anomaly, with two players competing in their sixth different World Cup, marking the end of a two-decade period dominated by global football.

6Financekitco.com

Gold Gains $38 as GDP Data Disappoints

Gold gained $38 to settle near $4,487 per ounce after a significant advance due to geopolitical concerns and soft U.S. economic data. The surge was driven by the U.K.-Iran conflict, which escalated as Washington continues to maintain a naval blockade of Iran. The Bureau of Economic Analysis's first-quarter GDP revision and initial jobless claims data also contributed to the surge. The weaker-than-expected GDP print has reduced expectations for continued Fed hawkishness, which has already reduced the case for eventual easing. The next Federal Open Market Committee meeting is approaching, which could potentially shift institutional ETF flows towards easing. Potential inflection points include nonfarm payrolls, China's mid-June economic data releases, and potential disruptions to the Strait of Hormuz shipping lanes. The Iran situation remains the dominant wildcard, potentially leading to a sharp pullback, potentially testing support in the $4200–$4,300 range, and energy prices and inflation expectations.

7Sportsthehour.com

Knicks center Mitchell Robinson has a broken right pinkie finger, AP source says

New York Knicks center Mitchell Robinson has broken his right pinkie finger, according to a person familiar with the situation. There is no timetable for Robinson's return. The Knicks are set to play Game 1 of the NBA Finals next Wednesday against either Oklahoma City or San Antonio. Despite the injury, Robinson is averaging 5.3 points and 3.0 rebounds in the playoffs. The team is currently 12-2 in the postseason with a victory margin of 19.4 points a game.

8Politicsnewshub.co.uk

How ministers are being urged to modernise the tools used to regulate AI

The UK government is being urged to modernise the tools used to regulate artificial intelligence (AI) by senior Labour figures. They argue that existing laws can be used more effectively but must change parliamentary processes to match the speed of technological change. Labour Chief Secretary Darren Jones emphasised the need for modernisation of state so regulators can respond faster to technological changes. Critics argue that the use of these tools can advance economic growth and public service improvements without compromising safety. Supporters argue that flexible regulatory tools like the Online Safety Act and the Crime and Policing Act can help protect citizens and the public. However, critics argue that such powers could enable far-reaching legal shifts without parliamentary scrutiny. The outcome of this debate will determine how future AI risks are handled.

9Techtipranks.com

Poolside Highlights On-Premises AI Strategy With Dell and NVIDIA

A recent LinkedIn post stated that Poolside is focusing on deploying artificial intelligence directly within customer environments rather than the cloud. The company's collaboration with Dell Technologies and NVIDIA is part of the "Dedicated" initiative. This could potentially support revenue growth and strengthen Poolside's role in regulated and mission-critical AI workloads. The focus on secure agent platforms and customer-controlled infrastructure could potentially differentiate the company from other AI providers.

10Businesschannelnewsasia.com

Mitsui seeks LNG investments to meet power demand from data centers, Bloomberg News reports

Japanese trading house Mitsui is seeking to invest in LNG projects across the Middle East, the U.S. and Australia to meet rising power demand from data centers. The company, which owns a 10 per cent stake in the oil industry, will consider taking equity stakes or securing supply agreements in these firms. This comes as Japan is facing economic uncertainty amid efforts to counterbalance the Iran war and the potential for global energy disruptions.

← All Dates