Justine Triet’s “Anatomy of a Fall” was awarded the Palme d’Or at the 76th Cannes Film Festival in a ceremony that took place on Saturday. The festival’s prestigious top prize was given to the French Alps courtroom drama, which stars Sandra Hüller as a writer trying to prove her innocence in her husband’s death. This
World
Serbian President Aleksandar Vucic has resigned as the leader of the Serbian Progressive Party (SNS) at a party congress, claiming that the country needs a new approach to bring unity. Vucic will remain the head of state. The move comes as thousands of people from Serbia, Kosovo, Montenegro, and Bosnia rallied in support of Vucic
On Friday, the stock market experienced an increase in prices as traders became hopeful that lawmakers would soon reach a deal to raise the U.S. debt ceiling, thereby averting a potentially disastrous default. The Dow Jones Industrial Average rose by 1%, or 328.69 points, to settle at 33,093.34. The S&P 500 also experienced a gain
Marvell Technology saw a significant surge of approximately 32% in its share price during overnight trading on Friday. This came after the chipmaker announced its quarterly earnings results, which exceeded expectations on both the top and bottom lines. The company reported adjusted earnings per share of 31 cents for the first quarter, beating the Refinitiv
U.S. negotiators are in urgent talks to raise the country’s debt ceiling with only seven days left before the nation could face an imminent threat of debt default. Despite the time pressure, there appears to be progress in the negotiations, with both sides expressing cautious optimism about reaching a bipartisan agreement. Republican negotiator Rep. Patrick
Nvidia released a blockbuster profit report on Wednesday that indicates artificial intelligence (AI) is no longer just a fad, but the future of technology. AI will play a role in virtually everyone’s lives, from personalized shopping to self-driving cars and robotics used in healthcare, gaming and finance. Nvidia’s earnings for the first fiscal quarter were
The International Monetary Fund (IMF) has predicted that the UK will maintain positive growth in 2023, avoiding a recession. The IMF report noted that the UK economy has slowed significantly compared to previous years, with inflation remaining stubbornly high at 10.1%. The report highlighted that the declining energy prices, along with resilient demand, had encouraged
Goldman Sachs analysts reported on Monday that the record-high unemployment rates among China’s younger population could be attributed to a discrepancy between the available jobs and the majors pursued by graduates. The report indicated that during the time period from 2018 to 2021, the education and sports industries saw a 20% rise in vocational school
Thailand’s progressive Move Forward party emerged as the winner in the country’s preliminary election results, but the party’s proposed reforms threaten conservative forces that may attempt to prevent it from governing. Move Forward’s leader and prime ministerial candidate, Pita Limjaroenrat, has formed a coalition of six parties, including Pheu Thai, a populist, pro-democracy party that
Chinese big tech firms have delivered mixed results in their latest earnings reports. While Baidu beat revenue and profit expectations for Q1 2023, Tencent bounced back to growth after consecutive negative and flat quarters. However, Alibaba’s first-quarter revenue fell short of analysts’ expectations, causing its Hong Kong-listed shares to slide almost 5% on Friday. Despite