Breaking 17:00 Rave files antitrust lawsuit against Apple over App Store removal 16:45 BlackRock reduces private credit fund valuation by 5% in first quarter 16:20 Nvidia's Jensen Huang calls AI job loss warnings ridiculous and attacks rivals' God complex 16:15 United States sanctions Iraqi oil official and militias over alleged Iran ties 15:56 European climate model puts odds of a super El Niño by November at 100 percent 15:45 Whirlpool shares plunge after weak revenue and dividend suspension 15:23 Rubio visits Rome to ease Trump's rift with the Vatican and Italy 15:00 Trump and Lula meet at White House to address tariffs, minerals and security ties 14:30 Blackstone marks down private credit fund amid software sector concerns 13:02 Anthropic's Claude guided hackers toward water infrastructure control systems in documented cyberattack, report finds 13:00 US Jobless claims rise slightly as labor market remains stable 10:57 Ted Turner, CNN founder and American media pioneer, dies at 87 10:34 US Navy fighter jet disables Iranian tanker defying American naval blockade in Gulf of Oman 10:30 Brazil’s Lula visits Washington in bid to ease trade tensions with Trump 10:17 North Korea declares itself not bound by nuclear non-proliferation treaty at UN conference 10:00 Interpol operation leads to nearly 270 arrests in global medicine trafficking crackdown 10:00 Three US states monitor residents who traveled on hantavirus cruise ship as Andes strain confirmed 09:30 United States condemns Polisario attack on Es-Smara 09:00 Apple R&D spending tops 10 percent of revenue for first time as iPhone drives record quarter 08:37 Australian firm claims 3,000-fold quantum speedup over classical computing on real-world problem 08:16 Chinese chipmakers rally around DeepSeek V4 as Washington tightens AI export controls 08:00 General Motors recalls more than 40,000 vehicles in the United States over brake fluid issue 07:55 Mercedes opens European orders for its all-electric C-Class sedan starting at 67,000 euros 07:21 AI agent leaks passwords after simple social engineering trick in live experiment 07:01 Scientists identify 1,700 unknown proteins hidden in the human dark proteome

Economy



Energy shock from Iran war shifts western orders back to China

The Canton Fair opened in Guangzhou with record scale, bringing together more than 32,000 companies and over 210,000 registered foreign buyers. The event reflects strong global trade interest, yet it unfolds under the shadow of a prolonged conflict involving the United States, Israel, and Iran. The war......

European power prices drop below pre war levels on renewable surge

European electricity prices have fallen below levels seen before the Middle East conflict, driven by a combination of expanding renewable energy output and a sharp decline in natural gas prices. The drop accelerated after Iran announced the reopening of the Strait of Hormuz, easing concerns over energy......

Bitcoin falls below 74000 after failing to hold key resistance

Bitcoin slipped back below 74,000 dollars after failing to sustain momentum above the 75,000 to 76,000 dollar resistance zone, erasing most of its midweek gains and weakening sentiment across crypto markets. The asset traded near 73,900 dollars on Friday, reflecting renewed selling pressure after a brief......

Aluminum prices fall after Iran reopens Hormuz to shipping

Aluminum prices declined on Friday after Iran announced the reopening of the Strait of Hormuz to commercial traffic, easing supply concerns that had driven the metal to a four year high. The statement followed a 10 day ceasefire linked to tensions between Israel and Lebanon, triggering a broader pullback......

Arthur Hayes calls crypto a no trade zone amid war and ai risks

Arthur Hayes has warned that cryptocurrency markets have entered a “no trade zone,” urging investors to stay on the sidelines until central banks, led by the Federal Reserve, begin injecting liquidity into the global economy. Writing in a recent essay, Hayes said his fund made no trades in......

Oil prices fall 5 percent as hopes rise for easing tensions in the Middle East

Global oil prices declined sharply on Friday, falling by around 5 percent as markets reacted to growing expectations of easing geopolitical tensions in the Middle East. Benchmark crude prices dropped below the symbolic $100 per barrel level, reflecting a shift in investor sentiment. Brent crude and......

European gas prices rise as Iran ceasefire deadline nears

European natural gas prices moved higher on Thursday as markets weighed uncertainty around ongoing diplomatic efforts between the United States and Iran, with a fragile ceasefire set to expire within days. The benchmark Dutch TTF contract climbed about 2 percent on April 16 to roughly 42.24 euros per......

Warnings grow over gradual erosion of US dollar global dominance

A group of senior policymakers and economists has renewed concerns about the long-term strength of the US dollar as the world’s primary reserve currency, pointing to shifting capital flows, policy risks, and weakening global confidence. Janet Yellen, speaking at an investment summit hosted by......

Oil giants set to gain $234 billion windfall from war driven prices

The world’s largest oil and gas companies, along with major producing states, are on track to generate an additional $234 billion in profits by the end of 2026 if crude prices remain around $100 per barrel. The projection, based on data from Rystad Energy, reflects how the conflict linked to Iran......

EU warns gas prices will stay high for years after war damage

Europe will face elevated natural gas prices for years, even under the most optimistic scenario, the EU’s energy chief has warned, citing extensive damage to production infrastructure in the Gulf during the war involving Iran. The disruption has already tightened global supply and driven sharp......

Bny reports higher profit driven by strong fees and interest income growth

The Bank of New York Mellon (BNY) reported an increase in first-quarter profit on Thursday, supported by strong fee income and higher interest revenues, according to its latest financial statement. As the world’s largest custodian bank, BNY benefits significantly from managing and safeguarding......

Nikkei hits record high as US Iran talks lift markets

Asian stock markets rose sharply on Thursday as investors reacted to renewed expectations of diplomatic progress between the United States and Iran. The surge pushed Japan’s benchmark Nikkei 225 beyond its previous closing record during intraday trading, reflecting growing confidence across regional......

Robinhood and Webull jump after US SEC approves removal of day-trading limits for small investors

Shares of retail trading platforms rose sharply on Wednesday after U.S. regulators approved a major change to day-trading rules affecting smaller investors. Companies such as Robinhood Markets and Webull benefited from the decision, which allows more flexibility for active trading accounts under a new......

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