Breaking 12:45 US CDC expands investigation into cyclosporiasis outbreak linked to iceberg lettuce 12:30 US House Approves Defense Bill Incorporating Historic Name Change to "Department of War" 12:00 Novo Nordisk seeks US court order to block Eli Lilly weight-loss drug advertising 11:32 Verizon raises annual outlook as new 5G plans boost subscriber growth 11:26 US lawmakers push for OSCE security meeting to move from Serbia to South Carolina 11:00 Intel shares climb as AI demand fuels recovery hopes and stronger outlook 11:00 Trump Imposes New Double-Digit Tariffs on Dozens of Trading Partners Over Forced Labor Concerns 10:46 US Labor Market Defies Expectations with a Record Drop in Weekly Unemployment Claims 10:31 Oracle Faces Investor Scrutiny as Debt-Fueled AI Expansion Triggers Credit Concerns 10:10 Canada opens Gordie Howe Bridge without US officials as trade tensions escalate 09:32 Uber Cuts Customer Support Roles and Accelerates AI Integration in Operational Shake-Up 09:15 Micron Chips Rescue Tesla from Supply Bottlenecks as Elon Musk Bets on In-House Semiconductor Manufacturing 08:48 American Airlines Stock Plunges as Rising Fuel Costs Cloud Passenger Demand Surge 08:15 U.S. Escalates Tensions with Iran: Trump Signals Possible Military Action 07:45 U.S. Immigration Fines Surpass $84B for Non-Voluntary Departures 07:15 UK says US tariff update leaves British businesses unaffected 20:00 Norway's football chief to file FIFA complaint over alleged interference in Balogun case 19:09 Alphabet and Tesla shares tumble on Wall Street after quarterly results 18:45 Trump warns Iran and Houthis of major military retaliation after Red Sea attacks 18:25 Rare space event as a SpaceX Falcon 9 rocket stage is set to hit the Moon 16:50 EU fines Google nearly $1 billion in fresh antitrust action 13:49 US Senate moves closer to a key vote on the CLARITY Act for cryptocurrency regulation

Economy



Chinese officials meet Citigroup and Goldman sachs executives in Beijing

Chinese officials held high-level meetings in Beijing with leading American financial executives as both countries continue efforts to strengthen economic dialogue despite ongoing geopolitical tensions. According to reports from state-backed media, senior Chinese authorities, including officials from......

Gold hits one week low as oil inflation fears weigh on metals

Gold prices fell to a one-week low on Friday, extending a multi-session decline as rising oil prices and inflation concerns strengthened the US dollar and weighed on precious metals. The move marked a fourth consecutive losing session for gold, reflecting growing pressure from higher US Treasury yields......

Private credit funds face pressure amid market uncertainty

Private credit funds are facing growing pressure as investors become increasingly concerned about credit quality, market volatility, and the impact of artificial intelligence on several industries. Recent financial filings from major business development companies (BDCs) revealed that many lenders have......

Oil surge rattles markets as inflation fears intensify

Global equity markets fell on Friday as a sharp rise in oil prices and higher bond yields reignited concerns that central banks may be forced to tighten monetary policy again. Investors reversed recent optimism over potential interest rate cuts, shifting toward expectations of prolonged monetary pressure......

Mediterranean navigation season disrupted by weather and fuel crisis

The 2026 Mediterranean navigation season has opened under severe disruption as extreme weather events, aviation fuel shortages, and geopolitical tensions reshape maritime tourism across the region. Conditions that typically support stable growth in yacht charters and cruise activity have been replaced......

Ingredion explores $3.7 billion takeover of Tate & Lyle

Ingredion is in discussions to acquire Tate & Lyle in a deal that could value the British ingredients group at about 2.74 billion pounds, or 3.7 billion dollars. The proposal, confirmed by Tate & Lyle, would rank among the largest transactions in the global food ingredients sector this year. The......

Oil holds above 100 dollars as Trump Xi talks begin in Beijing

Oil prices stayed above the 100 dollar mark on Thursday as global markets focused on high level talks in Beijing between Donald Trump and Xi Jinping. Traders watched the meeting for any signal that could ease tensions linked to the Iran conflict and the disrupted flow of energy through the Strait of......

Iran says control of Strait of Hormuz could double oil revenue

Iran has claimed that tighter control over the Strait of Hormuz could generate economic returns capable of doubling its oil revenue, according to statements attributed to a senior military official. The assessment comes as tensions remain high between Iran, the United States, and Israel, with maritime......

European Central Bank official warns of early stagflation signals in eurozone

European Central Bank policymaker Olli Rehn has warned that recent economic data point to early signs of stagflation in the eurozone, linking weak growth and rising inflation to energy shocks driven by geopolitical tensions. Speaking in Helsinki, Rehn said the latest indicators suggest the eurozone......

Mazda delays in-house EV launch to 2029 and cuts investment

Mazda has postponed the launch of its first dedicated battery electric vehicle to 2029 at the earliest and sharply reduced its electrification spending, signaling a strategic shift toward hybrid models as near-term demand for full electric vehicles weakens in several markets. The Japanese automaker......

Dollar climbs past 157 yen after inflation shocks markets

The U.S. dollar surged against the Japanese yen on Tuesday, with the USD/JPY pair rising to 157.60 after stronger than expected U.S. inflation data reinforced expectations that the Federal Reserve could keep interest rates higher for longer. The move accelerated as geopolitical tensions linked to the......

Africa seeks greater control over critical minerals value chains

African policymakers, researchers and mining experts are intensifying calls for local transformation of critical raw materials as global competition for strategic minerals accelerates. During a conference held in Rabat by the Policy Center for the New South and the Geology and Sustainable Mining Institute,......

Trump and Xi face pressure to protect AI market rally

Investors are urging Donald Trump and Xi Jinping to avoid escalating technology and trade tensions during this week’s summit in Beijing, as global markets continue to rally around artificial intelligence. The two leaders are expected to meet on May 14 and 15 in what marks Trump’s first official......

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