Breaking 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 13:30 Rubio says Saudi Arabia plans to develop a peaceful nuclear program 13:10 Meta lawsuit highlights challenges in proving AI bias in workplace layoffs

Economy



Bitcoin stalls near $78,000 as Binance logs five days of stablecoin outflows

Bitcoin entered May under quiet but measurable strain. After a rally that carried the cryptocurrency from $74,000 to $78,000 between mid and late April, on-chain data from Binance now points to fading momentum, with five consecutive days of net stablecoin outflows draining liquidity from the world's......

Germany maps US potash dependency as potential lever in trade standoff

German officials tasked with identifying vulnerabilities in American supply chains have singled out potash, a critical agricultural input that the United States imports in overwhelming quantities, as a potential pressure point in any future confrontation with the Trump administration. The analysis forms......

Oil shock and Wall Street euphoria put global economy on recession watch

Global economies may be sleepwalking toward a deep recession even as American stock markets continue to set records, according to a warning from Amrita Sen, founder of Energy Aspects, who described the resilience of equity markets in the face of one of the worst oil supply shocks in history as "misplaced......

Dubai airport traffic collapses 66 percent in March as regional war disrupts Gulf aviation

Dubai International Airport, the world's busiest hub for international passenger traffic, recorded a 65.7 percent year-on-year drop in passenger numbers in March 2026, welcoming just 2.5 million travelers as the conflict involving the United States, Israel, and Iran triggered repeated airspace closures......

Jet fuel crisis grounds airlines worldwide as Spirit Airlines shuts down operations

A severe jet fuel shortage triggered by the closure of the Strait of Hormuz has sent shockwaves through global aviation, forcing airlines to slash schedules, raise fares, and in at least one case cease operations entirely. The crisis traces directly to military strikes launched by the United States and......

German carmakers hit by new US tariff increase

Shares of major German car manufacturers dropped following the announcement by Donald Trump of a new increase in import tariffs on foreign vehicles. The measure raises duties from 15% to 25%, putting renewed pressure on an already fragile sector. Companies such as Dr. Ing. h.c. F. Porsche AG, Bayerische......

United States tightens economic pressure on Iran, says Trump administration official

The United States has significantly increased economic pressure on Iran as part of a broader strategy combining financial sanctions and maritime restrictions, according to statements from senior officials in the Trump administration. US Treasury Secretary Scott Bessent stated that Washington is implementing......

Analysts warn of oil rationing in weeks amid supply crisis

Two months into the largest oil supply disruption on record, the global energy crisis escalates as U.S.-Israel-Iran war effects deepen. Crude prices hold above $100 per barrel while strategic reserves deplete fast. Governments brace for forced demand rationing as fuel stocks melt away. The International......

Strait of Hormuz closure disrupts luxury car oils amid energy crisis

The Strait of Hormuz closure blocks 20% of global oil and comparable liquefied natural gas flows, sparking the modern era's largest energy disruption. Asian governments ration fuels, revive coal power, and fast-track nuclear plans. Western oil majors post surging profits as supplies dwindle. The......

Brent crude falls below 110 dollars after volatile spike above 120

Brent crude slipped below 110 dollars a barrel on Thursday, pulling back from a brief spike above 120 dollars the previous day, one of the most volatile stretches on oil markets since the start of the Strait of Hormuz crisis two months ago. The sharp moves underscore a market caught between fears of......

Oil crisis accelerates global shift toward renewable energy transition

A surge in oil prices triggered by the conflict involving Iran is driving an unprecedented acceleration in the global transition to renewable energy, according to the United Nations’ top climate official. The sharp rise in fossil fuel costs is reshaping energy strategies worldwide, as governments......

Brent oil tops 115 dollars as UAE exit reshapes supply outlook

Oil prices surged to multi-month highs as Brent crude crossed the 115 dollar mark, driven by a sharp shift in global supply expectations following the United Arab Emirates’ decision to leave the OPEC alliance and rising tensions between the United States and Iran over maritime access through the......

China tightens rare earth sanctions boosting mining stocks

China has proposed a new regulatory framework that would impose stricter administrative penalties on illegal activity across its rare earth sector, including extraction, refining, and related operations. The draft rules target production beyond approved quotas, mining or processing without a licence,......

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