Breaking 11:30 United States prepares broader tariff strategy as new trade measures take effect 11:15 Ryan Reynolds confirms a new Deadpool movie is in development 11:00 Pentagon estimates Iran conflict has cost the United States $37.5 billion 09:48 Former Venezuelan leader Nicolas Maduro to appear before New York court in drug trafficking case 09:20 Kalshi launches election forecasting hub ahead of US midterm elections 09:16 US launches $5 billion AI initiative to advance health and construction research 08:00 Bloomsbury to receive compensation under landmark $1.5 billion Anthropic copyright settlement 19:45 JPMorgan CEO warns investors may be underestimating growing risks in global markets 19:30 US condemns Ortega’s authoritarian stance after Nicaragua rejects elections 19:16 Amgen agrees to $74 million settlement in shareholder lawsuit over tax disclosure claims 19:15 Anthropic reaches $1.5 billion copyright settlement with authors over AI training data 18:52 Washington signals possible new tariff measures against dozens of countries 18:45 Canada and US agree to intensify trade talks after Trump tariff warning 18:30 US administration pauses over $1 billion in Medicaid payments to California and Minnesota 18:15 Elon Musk’s fortune falls below $800 billion after Starship launch setback 17:00 US lawmakers press Trump to challenge EU tech regulations through trade action 16:16 US prepares new tariff measures targeting around 60 economies 15:15 Intel prepares another round of layoffs as it restructures its data center business 13:27 Trump administration weighs cutting ties with UN refugee agency 13:15 Meliá ends operations in Cuba after more than three decades amid US pressure 12:30 AMD unveils Helios AI system as it challenges Nvidia’s dominance with Microsoft support

Economy



Hormuz crisis boosts China clean energy exports as oil flows disrupted

The crisis in the Strait of Hormuz has accelerated a global shift away from fossil fuels, driving a sharp increase in China’s clean energy exports as countries seek alternatives to disrupted oil and gas supplies. Since Iran effectively blocked the strategic maritime route on February 28 following......

Oil prices surge while gold falls after announcement of Iranian port blockade

Global commodity markets reacted sharply after the United States announced a blockade targeting Iranian ports, triggering a surge in oil prices and a decline in gold. Crude oil benchmarks rose significantly, with prices climbing above the symbolic $100-per-barrel threshold. The increase reflects growing......

Trump warns China of steep tariffs over potential military support to Iran

U.S. President Donald Trump has warned that China could face heavy trade penalties if it provides military assistance to Iran amid the ongoing regional conflict. Speaking in a televised interview, Trump stated that Washington could impose tariffs of up to 50% on Chinese goods if Beijing were found to......

Lebanese finance minister Yassine Jaber heads to Washington for IMF and World Bank meetings

Lebanese Finance Minister Yassine Jaber has travelled to Washington to take part in the annual spring meetings of the International Monetary Fund (IMF) and the World Bank (WB), which will be held from April 13 to 18. He is leading a Lebanese delegation that also includes the Minister of Economy Amer......

Markets rise 6% weekly, ending six-week losing streak after easing geopolitical tensions

Domestic equity markets posted strong gains this week, rising nearly 6% and breaking a six-week losing streak, as easing geopolitical tensions between the United States and Iran boosted investor confidence and reduced global volatility. The BSE Sensex closed Friday 1.2% higher, gaining 919 points to......

From Boston to Denver, US drivers reduce travel as Iran war drives fuel prices higher

Rising fuel prices across the United States are forcing drivers in major cities such as Boston, Houston, and Denver to change their daily habits, as the ongoing conflict involving Iran continues to disrupt global energy markets. Motorists report cutting back on long-distance travel, adjusting commuting......

JPMorgan bullish S&P 500 call tested as Iran ceasefire wavers

JPMorgan adopted a tactical bullish stance on U.S. equities this week after a two-week ceasefire agreement between the United States and Iran, forecasting a potential 6 percent rally in the S&P 500 as market sentiment improves. The outlook followed a strong market rebound on April 8. The Dow Jones......

Morgan Stanley questions gold’s safe haven role amid market shifts

Morgan Stanley has challenged a long-held belief in global markets that gold reliably protects portfolios during crises, arguing that recent price movements resemble those of a risk asset rather than a traditional safe haven. In a note released this week, the bank’s strategists pointed to stronger......

JPMorgan sees gold mining stocks slump as buying opportunity

JPMorgan Chase said the recent selloff in gold mining stocks presents a buying opportunity, arguing that the sector’s decline since the start of the US Iran conflict has created attractive entry points for investors. The bank maintained its gold price target of $6,300 per ounce by the end of 2026,......

Oil heads for steepest weekly drop as ceasefire fails to calm markets

Oil prices rose slightly on Friday but remained on track for their sharpest weekly decline since June 2025, with both West Texas Intermediate and Brent crude down करीब 10% over the week, as tensions in the Middle East continued to disrupt confidence in global supply routes. The decline follows......

Porsche deliveries fall 15% as China slowdown and US tariffs bite

Porsche AG reported a 15% drop in global deliveries in the first quarter, with volumes falling to 60,991 vehicles from 71,470 a year earlier, as the German carmaker faced weaker demand in China and mounting pressure from new US import tariffs. The results, released on April 10, confirm a continued decline......

Bitcoin tops $72,000 ahead of US-Iran talks and CPI data

Bitcoin crossed $72,000 Friday, fueled by cautious optimism over upcoming US-Iran ceasefire talks and anticipation of a key inflation report later in the day. The top cryptocurrency rose 1.6% to around $72,159 early session, positioning for a roughly 7.3% weekly gain as risk appetite improved to support......

Goldman Sachs warns Brent could top $100 if Hormuz stays closed

Goldman Sachs warned Thursday that Brent crude could average above $100 a barrel through 2026 if the Strait of Hormuz remains closed to normal tanker traffic for another month. The note highlights fragility in the recent US-Iran ceasefire. "The situation remains uncertain," analysts including......

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