Independent News & People Network Desk of News

Australia news live: RBA hikes official cash rate to 4.35% as Chalmers says decision will make things ‘tougher’ at time of instability

Source: The Guardian - World · Published: 2026-05-05T05:09:07+00:00

Follow today’s news liveGet our breaking news email, free app or daily news podcastTwo marine rescue volunteers who went to help others are among those who have died in a tragic yacht accident on Monday night.As we reported below, three people died as volunteers went to the aid of a yacht at the Ballina bar in northern New South Wales. Continue reading...

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Google DeepMind workers in UK vote to unionize amid deal with US military

Source: The Guardian - World · Published: 2026-05-05T05:05:42+00:00

Exclusive: Worker pointed to Iran war and Pentagon’s Anthropic feud as indications the department is ‘not a responsible partner’Workers developing Google’s artificial intelligence products in the UK have voted to unionize, in part out of concerns about a deal between the company and the US military that was announced last week.In a letter slated to go to management on Tuesday and shared exclusively with the Guardian, workers at Google DeepMind, the company’s AI research laboratory, requested recognition of the Communication Workers Union and Unite the Union as joint representatives of the lab’

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Rupee stays firmly above 95 level, pressured by rising crude oil price

Source: The Hindu Business Line – Markets · Published: 2026-05-05T05:03:34+00:00

With the fragile ceasefire between the US and Iran coming under strain on Monday in the wake of exchange of fire near the Strait of Hormuz, Brent crude is currently trading at $114 per barrel

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EAM Jaishankar meets Jamaican PM, gifts over 10 BHISHM Cubes

Source: The Hindu Business Line – Markets · Published: 2026-05-05T05:03:24+00:00

“Discussed deepening our political, economic and people-to-people cooperation. Value his commitment towards further strengthening India-Jamaica relations,” Jaishankar posted on X.

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Concierge firm co-founded by queen’s nephew went on ‘ill-timed’ hiring spree before Iran war

Source: The Guardian - World · Published: 2026-05-05T05:00:44+00:00

Quintessentially almost quadrupled staff in Middle East and Asia less than year before wealthy began to flee GulfThe embattled luxury concierge service co-founded by Queen Camilla’s nephew Ben Elliot embarked on what appeared to be an inopportune hiring spree in the Middle East and Asia before wealthy individuals began fleeing the region because of the US-Israel war on Iran.Quintessentially almost quadrupled staff in the regions from 22 to 84 during its financial year to 30 April 2025, according to newly released annual accounts, which again reported multimillion-pound losses and warned of “ma

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‘Time the rest of us stepped up’: terror survivors’ group writes letter in support of UK Jews

Source: The Guardian - World · Published: 2026-05-05T05:00:43+00:00

Letter coordinated by Survivors Against Terror, which includes bereaved relatives, after spate of attacks on Jewish communityDozens of survivors and bereaved relatives of 19 separate terror attacks have written an open letter of solidarity to the Jewish community, saying: “Standing together in the face of hatred is not just the right thing to do – it’s the most effective way of defeating terrorism.”The letter was coordinated by the group Survivors Against Terror (SAT), after terror attacks on two Jewish men in north London earlier this week, in what was the latest in a series of attacks on the

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Vote Lib Dem or ‘regret it’ living under a Reform council, Davey tells voters

Source: The Guardian - World · Published: 2026-05-05T05:00:43+00:00

Party leader says vote for Labour or Greens in closely run seats will result in Reform victory at local electionsVoters in the home counties will “regret it for a long time” if they do not back the Liberal Democrats and wake up to a Reform-led council, Ed Davey has said.The Lib Dems leader has identified five councils – East Surrey, West Surrey, Hampshire, West Sussex and Huntingdonshire – where his party could win overall control, as well as swathes of the former “blue wall” where Davey said it was a “straight fight” between his party and Reform at the English local elections. Continue readin

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Jaguar Land Rover could have shifted production from UK without £380m battery subsidy, officials warned

Source: The Guardian - World · Published: 2026-05-05T05:00:42+00:00

Government officials said in December that Britain’s largest automotive employer could lead exodus from UKJaguar Land Rover would have considered moving car production out of the UK and slashing jobs if not for a £380m subsidy for its sister battery company, government officials claimed privately.Officials at the Department for Business and Trade (DBT) warned in December that Britain’s largest automotive employer may have triggered an exodus from the UK car industry, according to state aid documents prepared by the competition regulator. Continue reading...

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EN DIRECT, guerre en Ukraine : Volodymyr Zelensky dénonce le « cynisme absolu » de la Russie après une attaque sur des secouristes

Source: Le Monde - International · Published: 2026-05-05T04:57:30+00:00

Selon le président ukrainien, l’armée russe a bombardé des infrastructures énergétiques dans l’oblast de Poltava, puis a « ensuite lancé un deuxième tir de missile de manière particulièrement lâche, alors que des agents du Service national d’urgence étaient sur place ». « Au moins quatre personnes ont été tuées, dont deux sauveteurs », a-t-il ajouté.

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EN DIRECT, guerre en Ukraine : Volodymyr Zelensky dénonce le « cynisme absolu » de la Russie après une attaque ayant visé des secouristes

Source: Le Monde - International · Published: 2026-05-05T04:57:30+00:00

Selon le président ukrainien, l’armée russe a bombardé des infrastructures énergétiques dans l’oblast de Poltava, puis a « ensuite lancé un deuxième tir de missile de manière particulièrement lâche, alors que des agents du service national d’urgence étaient sur place ». « Au moins quatre personnes ont été tuées, dont deux sauveteurs », a-t-il ajouté.

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Meta picks Morgan Stanley, JPMorgan for El Paso data center financing, source says

Source: The Hindu Business Line – Markets · Published: 2026-05-05T04:56:20+00:00

Meta in March boosted its investment in the planned El Paso AI data center by more than sixfold to $10 billion, ‌as it aims to reach 1 gigawatt of ​capacity ahead of the facility’s projected 2028 opening

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BHEL shares extend rally after strong Q4 earnings beat, brokerages remain divided

Source: The Hindu Business Line – Markets · Published: 2026-05-05T04:53:31+00:00

The stock has been reacting positively to a sharp jump in profitability, healthy order inflows, improved cash flows and margin expansion, reinforcing investor confidence in the company’s turnaround story.

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Australia news live: Reserve bank increases official cash rate to 4.35% in blow to mortgage holders

Source: The Guardian - World · Published: 2026-05-05T04:50:14+00:00

Follow today’s news liveGet our breaking news email, free app or daily news podcastTwo marine rescue volunteers who went to help others are among those who have died in a tragic yacht accident on Monday night.As we reported below, three people died as volunteers went to the aid of a yacht at the Ballina bar in northern New South Wales. Continue reading...

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RBA interest rates: Reserve Bank hikes official cash rate to 4.35% in blow to mortgage holders

Source: The Guardian - World · Published: 2026-05-05T04:48:10+00:00

Reserve Bank of Australia raises rates for third consecutive meeting, lifting them to early-2025 levels Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has delivered a third straight interest rate hike to contain growing inflationary pressures linked to higher fuel prices, even as it warned the Iranian war would deliver a major blow to the economy.The widely expected decision to lift the cash rate to 4.35%, from 4.1%, comes as the central bank revealed a gloomy new set of forecasts that showed intensifying cost o

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India’s iPhone hub stunned by movie star Vijay’s political rise

Source: The Hindu Business Line – Markets · Published: 2026-05-05T04:44:53+00:00

In his campaign for the recent elections in Tamil Nadu, the 51-year-old Vijay vowed to improve the lives of the young, the unemployed and women. Much like in his films, the message has clearly struck a chord

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Australian author Craig Silvey pleads guilty to possessing and distributing child exploitation material

Source: The Guardian - World · Published: 2026-05-05T04:36:42+00:00

Prosecutors drop two other charges against Jasper Jones author, 43, including allegations he produced child exploitation materialAward‑winning author Craig Silvey has pleaded guilty to possessing and distributing child exploitation material, while a charge that he produced such material has been dropped.Silvey, 43, was first charged in January after detectives from Western Australia police’s child abuse squad raided his Fremantle home, allegedly catching him communicating online with child exploitation offenders and seizing his electronic devices. Continue reading...

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Australia news live: RBA increases official interest rate to 4.35% in blow to mortgage holders

Source: The Guardian - World · Published: 2026-05-05T04:32:39+00:00

Follow today’s news liveGet our breaking news email, free app or daily news podcastTwo marine rescue volunteers who went to help others are among those who have died in a tragic yacht accident on Monday night.As we reported below, three people died as volunteers went to the aid of a yacht at the Ballina bar in northern New South Wales. Continue reading...

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Petronet LNG sees no clarity on Qatar supply for June

Source: The Hindu Business Line – Markets · Published: 2026-05-05T04:32:15+00:00

India’s largest LNG buyer hasn’t received shipments from Qatar since the Iran war disrupted flows through the Strait of Hormuz, which handled about 60% of India’s LNG flows

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RBA hikes official interest rate to 4.35% in blow to mortage holders

Source: The Guardian - World · Published: 2026-05-05T04:31:00+00:00

Reserve Bank of Australia raises rates for third consecutive meeting, lifting them to early-2025 levels Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has delivered a third straight interest rate hike, as it seeks to head off the inflationary threat from higher fuel prices linked to the ongoing US-Israel war on Iran.A week out from what the treasurer, Jim Chalmers, is simultaneously calling his most ambitious and responsible budget yet, the widely anticipated decision to increase the cash rate to 4.35% from 4.1%

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L’Ukraine annonce son propre cessez-le-feu et devance celui de la Russie

Source: Le Monde - International · Published: 2026-05-05T04:29:19+00:00

Volodymyr Zelensky a décrété une trêve qui commencera dans la nuit de mardi à mercredi alors que Moscou a déclaré vouloir cesser les hostilités à partir de vendredi pour protéger les festivités liées à la victoire russe lors de la seconde guerre mondiale.

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Centre notifies South Coast Railway Zone with Visakhapatnam as HQ

Source: The Hindu Business Line – Markets · Published: 2026-05-05T04:13:29+00:00

The new zone will include Guntakal, Guntur and Vijayawada divisions, fulfilling a long-pending demand following Andhra Pradesh’s bifurcation

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Fireworks Factory Explosion in China Kills at Least 21

Source: New York Times - World · Published: 2026-05-05T04:07:17+00:00

Dozens more were injured in the explosion, which appeared to be one of the country’s deadliest in recent years.

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EN DIRECT, guerre au Moyen-Orient : le chef de la diplomatie iranienne met en garde les Etats-Unis face à un possible « bourbier »

Source: Le Monde - International · Published: 2026-05-05T04:06:39+00:00

Abbas Araghtchi a exhorté Washington à privilégier la voie de la médiation du Pakistan. Il invite Abou Dabi à faire de même alors que les Émirats arabes unis ont annoncé, lundi, avoir été visés par une attaque de drones iraniens et avoir intercepté des missiles de croisière, dans les premières frappes de Téhéran en plus d’un mois.

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