1Financefinancialexpress.com
India May services PMI hits 6-month high- external demand rebounds, input cost inflation eases
India's services sector expanded at its fastest pace in six months in May, with the HSBC India Services PMI rising to 59.8 from 58.8 in April due to increased demand and higher new business inflows. The HSBC India Composite PMI Output Index, which tracks both manufacturing and services activity, also rose to 59.,3 in May from 58.,2 in April, indicating broad-based strength in private sector activity. New business received by Indian service providers increased at the fastest pace of six months, moving further away from the slowdown seen in March. The survey also showed that input cost inflation eased to a four-month low in May. However, companies continued to face higher expenses for food, fuel, gas, labour and materials.
2Politicsfxstreet.com
The ECB is changing faces: Could policy change next?
The European Central Bank (ECB) is undergoing a period of transition, with several changes in its top leadership. The appointment of Boris Vujcic and Emmanuel Moulin, the first Executive Board member from a country that joined the EU after 2004, coincides with François Villeroy de Galhau's exit from the Banque de France. Christine Lagarde remains ECB President, but speculation about her early departure has sparked succession debate. Vujczic's appointment is seen as a moderate hawk who emphasizes price stability and is likely to support a cautious approach. However, this could potentially reduce the influence of more dovish policymakers if inflation accelerates again due to energy or geopolitical shocks. The ECB's credibility is at risk, with concerns over potential political interference and potential conflicts with the future of its role as an independent authority focused on price stability rather than national political considerations.
3Businessregionalmedianews.com
Tokyo’s Nikkei 225 index tops 68,000 for the 1st time as Wall Street logs more records - Regional Media News
Japan's Nikkei 225 index topped 68,000 for the first time on Wednesday, following a surge in U.S. stocks. Tech shares linked to the boom in artificial intelligence have been instrumental in this rally. The dollar briefly surpassed 160 Japanese yen before slipping back slightly, and oil prices rose more than $1 a barrel. Shares in Tokyo Electron and Advantest also gained 10.1%, while the Hang Seng lost 0.9% to 25,804.51, while the Shanghai Composite index slipped 0.2% to 4,068.77. The Dow Jones Industrial Average added 0.4% to 51,307.79, and the Nasdaq composite edged up by less than 0.1% to 27,093.90. Marvell Technology's stock rose 32.5% for its best day since its stock began trading in 2000 after Nvidia’s CEO, Jensen Huang, suggested that Marvell could be “the next trillion-dollar company”
4Worldchannelnewsasia.com
Frenchman eating McDonald's crashes into historic Sydney fountain, police say
A French man, 21, has been charged with negligent driving for allegedly reversing an SUV into a Sydney fountain. Police found him still enjoying his McDonald's meal when they detained him. The car's rear wheels were seen stuck in the fountain's pool, with the rest propping up on the stone sidewall. The man claimed to have been delivering a food order at the time of the incident.
5Businessirishtimes.com
Oil extends advance as peace talks stall
Oil prices have risen for a third day due to pessimism over the US and Iran's chances of reaching a peace deal, rising towards $97 a barrel and near $95 a barrel. This comes amid concerns that the world may need to further tap crude inventories as it waits for Persian Gulf exports to resume. US President Donald Trump remains optimistic about reaching an interim peace deal with Iran, despite reports that discussions have been suspended over the fighting in Lebanon. The lack of clarity over an extension of the current ceasefire and the future of flows through the Strait of Hormuz has also negatively impacted oil prices. An industry report showed crude stockpiles fell 6.8 million barrels last week, making it the sixth consecutive drawdown if confirmed by official data.
6Sportssacbee.com
Paging Jose Canseco: Fly ball bounces off Angels outfielder Jo Adell's head for homer in Rockies' victory
The Rockies beat the Angels 8-2 in a complete game, with TJ Rumfield's 97.1 mph line drive ricocheting off Angels outfielder Jo Adell's head for his eighth homer of the season. This incident occurred during a game against Cleveland, where Jose Canseco's high flyball landed on the top of his head for a home run. Rumfield was one of three home runs for the Rockies, along with Hunter Goodman's 15th homer. Starter Tomoyuki Sugano set the tone for the win, allowing two runs on five hits, walking two, and striking out five. The win marks Colorado's second consecutive series win.
7Politicsfresnobee.com
Hilton, Becerra lead primary race for California governor
Republican television commentator Steve Hilton and Democratic former cabinet secretary Xavier Becerra have taken the early lead in the open primary race for California governor. If the results hold, it could set up a race of Democrat versus Republican. With 73.4% of precincts partially reporting, Hilton had 26.9% of the vote, while Beceerra had 25.8%, according to official results. Democratic billionaire Tom Steyer trailed them with 19.7%, more than 250,000 votes behind. If elected, Becerr would become the first Latino elected governor in California, where 40% of its population is Hispanic or Latino. The primary also marked the first major test of a new congressional map, which could potentially turn the midterms into a high-stakes battle for control of Congress.
8Entertainmentkansas.com
Cassie Ventura Reveals She Left the U.S. and Doesn't Intend to Move Back Following Diddy Trial
Cassie Ventura has moved out of the United States following the trial of her ex Sean "Diddy" Combs, where she testified against him, stating she is not a resident of California and does not intend to return. She stated that it would be easier for her to attend court in New York rather than California. Combs was indicted on charges of sex trafficking, racketeering conspiracy, and transportation to engage in prostitution in September 2024. Following her testimony, Ventura was pregnant with her third child.
9Healthclinician.nejm.org
A Decision Tool for Sulfonamide-Antibiotic Allergy
A new system has been developed to predict hypersensitivity reactions to sulfonamide-antibiotic medications, which cause up to 8% of the hospital population. The system was adapted to identify individuals with previous TMP-SMX reactions. The researchers used PEN-FAST, a scoring tool originally used for penicillin, to stratify patients with previous incidents.
10Businesslifestyle.capitalcityrock.com
Quobly secures €115 million Series A to bring silicon-based quantum computers to market – 1045 Capital Rock
French quantum computing company, Quobly, has secured a €115 million Series A financing to accelerate the industrialization of its silicon-based quantum computers and bring its first commercial product to market by the end of 2026. The round is led by Bpifrance, SEALSQ and STMicroelectronics, with participation from the European Innovation Council (EIC Fund), Blast, ALIAD and Innovacom. Existing shareholders include the CEA, CNRS, Quantonation and Supernova Invest. This financing will support continued R&D, industrialization efforts and international commercial expansion. The company's first commercial quantum computer, Alloy Pioneer, is designed for early adopters in high-performance computing and research environments and will be accessible through the cloud in 2026, before deployment within HPC infrastructures in 2027.
