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May 5 Overnight Brief
In business
Remedy says its first quarter was stable and profitable, even though revenue and operating profit fell, and the company is now looking ahead to the launch of Control Resonant.
HSBC also reported first-quarter profit, but it came in slightly below estimates as higher expected credit losses weighed on results. Meanwhile, UniCredit is still pushing its bid for Commerzbank, though its chief executive says full control is not the expected outcome, which is banker for: this is not over yet.
In world news
The fragile ceasefire between the United States and Iran has effectively collapsed, with both sides resuming strikes across the Persian Gulf. Each side says it hit the other’s vessels near the Strait of Hormuz, and the UAE says it was hit by Iranian drones.
Ukraine says it struck a major electronics plant in Cheboksary, deep inside Russia, overnight. In the West Bank, Israeli officials are warning that settler violence is threatening the state, while attacks, land seizures, and blockades continue.
And in Colombia, nine workers were killed in a coal mine explosion after authorities had already warned about dangerous gas buildup at the site.
In health
Doctors in Britain say a major asthma treatment shift is underway, with more than a million patients now using newer dual-action inhalers instead of the old blue relievers. The new devices both prevent symptoms and provide relief, and clinicians are urging anyone who relies on reliever inhalers often to get a medication review.
In the U.S.
A Florida jury has convicted 18-year-old Thomas Roy Stein of first-degree murder and attempted robbery in the killing of 15-year-old Kayla Rincon-Miller in Cape Coral. Prosecutors said she was shot while walking to McDonald’s after a movie night with friends.
In India
Indian cinema star Vijay has turned an electoral debut into a serious political headache for everyone else. His Tamilaga Vettri Kazhagam won 108 seats in Tamil Nadu’s assembly count, making it the state’s single largest party and giving him a plausible path to forming the government.
In entertainment and tech
The Academy is drawing a hard line on artificial intelligence, saying AI-generated performances and AI-written screenplays will not be eligible for major Oscar categories starting with the 2027 ceremony. Hollywood can now continue its favorite hobby, arguing about the future, with slightly more paperwork.
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By IniaesIn business
Remedy says its first quarter was stable and profitable, even though revenue and operating profit fell, and the company is now looking ahead to the launch of Control Resonant.
HSBC also reported first-quarter profit, but it came in slightly below estimates as higher expected credit losses weighed on results. Meanwhile, UniCredit is still pushing its bid for Commerzbank, though its chief executive says full control is not the expected outcome, which is banker for: this is not over yet.
In world news
The fragile ceasefire between the United States and Iran has effectively collapsed, with both sides resuming strikes across the Persian Gulf. Each side says it hit the other’s vessels near the Strait of Hormuz, and the UAE says it was hit by Iranian drones.
Ukraine says it struck a major electronics plant in Cheboksary, deep inside Russia, overnight. In the West Bank, Israeli officials are warning that settler violence is threatening the state, while attacks, land seizures, and blockades continue.
And in Colombia, nine workers were killed in a coal mine explosion after authorities had already warned about dangerous gas buildup at the site.
In health
Doctors in Britain say a major asthma treatment shift is underway, with more than a million patients now using newer dual-action inhalers instead of the old blue relievers. The new devices both prevent symptoms and provide relief, and clinicians are urging anyone who relies on reliever inhalers often to get a medication review.
In the U.S.
A Florida jury has convicted 18-year-old Thomas Roy Stein of first-degree murder and attempted robbery in the killing of 15-year-old Kayla Rincon-Miller in Cape Coral. Prosecutors said she was shot while walking to McDonald’s after a movie night with friends.
In India
Indian cinema star Vijay has turned an electoral debut into a serious political headache for everyone else. His Tamilaga Vettri Kazhagam won 108 seats in Tamil Nadu’s assembly count, making it the state’s single largest party and giving him a plausible path to forming the government.
In entertainment and tech
The Academy is drawing a hard line on artificial intelligence, saying AI-generated performances and AI-written screenplays will not be eligible for major Oscar categories starting with the 2027 ceremony. Hollywood can now continue its favorite hobby, arguing about the future, with slightly more paperwork.