Cuba defends its “Legitimate” right to respond to possible US aggression

Tensions between Cuba and the United States have intensified after Cuban President Miguel Díaz-Canel defended his country’s “legitimate” right to respond to any potential military aggression from Washington. In recent statements published on social media, Díaz-Canel argued that Cuba has the right to defend......

Citi and BlackRock’s HPS launch major private credit program in Europe and the Middle East

Citigroup and BlackRock, through its subsidiary HPS Investment Partners, have announced a major partnership to launch a private credit program valued at approximately 17.5 billion dollars. The initiative aims to expand direct lending activities across Europe, the United Kingdom, and eventually the Middle East. The new investment program is......

European stocks fall as Gulf tensions fuel inflation fears

European equity markets fell on Monday as rising geopolitical tensions in the Gulf and renewed inflation concerns weighed on investor sentiment, with energy prices remaining elevated due to the ongoing conflict between the United States and Iran. The downturn extended a broader global risk-off move, as investors reassessed interest rate expectations......

US Supreme Court rejects Eli Lilly challenge to Whistleblower Law

The Supreme Court of the United States has refused to hear a legal challenge brought by Eli Lilly and Company against a historic whistleblower law that allows private citizens to file fraud lawsuits on behalf of the federal government. The decision leaves in place a lower court ruling ordering the pharmaceutical company to pay approximately......

Ford signs major energy storage partnership with EDF

Ford Motor Company has announced a new five-year agreement with EDF to supply large-scale battery energy storage systems for renewable energy projects. The partnership highlights the growing demand for energy storage technologies as countries expand investments in clean electricity and digital infrastructure. Under the agreement, Ford’s......

Global bond rout deepens as war driven inflation reshapes rate outlook

A sharp global selloff in government bonds intensified Monday as persistent conflict between the United States and Iran pushed oil prices higher and forced investors to reassess expectations for interest rates across major economies. Surging energy costs and accelerating inflation have fueled concerns that central banks may abandon plans for......

Taiwan open to direct Trump–Lai talks amid rising tensions after Beijing summit

Taiwan has said it would welcome a direct phone call between U.S. President Donald Trump and Taiwanese President Lai Ching-te, as concerns grow in Taipei following recent remarks made after a high-level summit between Washington and Beijing. The statement comes after discussions between Trump and Chinese President Xi Jinping, during which......

Silver price falls as India restricts imports and Fed rate fears rise

Silver prices extended losses for a third consecutive session, trading near 75 dollars per troy ounce on Monday, as India introduced sweeping import restrictions and expectations of a possible Federal Reserve rate hike strengthened the US dollar. The combined pressure erased earlier gains from a rally earlier in the month when silver briefly......

Pakistan delivers new Iran peace proposal as US talks stall

Pakistan has delivered a revised Iranian peace proposal to the United States in an effort to restart stalled negotiations over the Middle East conflict. The move comes as diplomatic channels between Tehran and Washington remain gridlocked, with both sides accused of repeatedly shifting their conditions for a potential agreement. A Pakistani......

GTA 6 pre order date passes without official announcement from Rockstar Games

A widely circulated marketing email suggesting that preorders for Grand Theft Auto 6 could open on 18 May triggered a sharp market reaction before the date passed without any official confirmation. The email, linked to an affiliate campaign tied to a major US retailer platform, indicated a promotional window running from 18 to 21 May and included......

War with Iran costs global companies 25 billion dollars

Global companies have incurred losses of at least 25 billion dollars due to the war between the United States and Israel and Iran. The conflict has forced widespread defensive action across corporate balance sheets, affecting pricing strategies, production levels, dividend policies, and emergency funding requests from governments. At least......

Bitcoin long-term holders reach highest supply level in nine months

Bitcoin supply held by long-term investors has climbed to about 15.26 million BTC, representing nearly 77 percent of total circulating supply. The level marks a nine-month high and reflects renewed holding behavior among investors who entered the market near recent price peaks. On-chain data shows a clear shift away from distribution and toward......

Xiaomi warns flagship smartphones could exceed $1,400 by late 2026

Xiaomi president Lu Weibing warned Friday that premium smartphones in China could surpass 10,000 yuan, or roughly $1,400 to $1,500, by the second half of 2026 as memory chip shortages continue driving manufacturing costs sharply higher across the industry. The warning came during a livestream event on May 16 titled “Spend a ‘Max’......

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