Breaking 12:15 Jazz saxophonist Plas Johnson, iconic voice behind The Pink Panther Theme, dies at 94 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

Economy



Goldman Sachs warns of sharp global oil demand decline

Goldman Sachs has warned that global oil demand fell more sharply than previously expected, citing an estimated reduction of 4 to 5 million barrels per day in April. The decline is linked in part to disruptions in maritime flows through the Strait of Hormuz, which temporarily reduced global consumption......

Rosneft chief says U.S. energy firms gain from Strait of Hormuz disruption

The disruption of maritime traffic through the Strait of Hormuz continues to fuel debate over the future of global energy markets, with Russian oil executive Igor Sechin arguing that American energy producers have emerged as the primary beneficiaries of the crisis. Speaking at the St. Petersburg International......

Africa pushes for greater influence in shaping its future

African leaders, policymakers, and development experts are increasingly advocating a model of growth that places African priorities at the center of international decision-making. Discussions at the Paris Peace Forum Spring Meetings in Rabat focused on how the continent can respond to geopolitical tensions,......

Royal Air Maroc expands fleet with Embraer E190 delivery

Royal Air Maroc is preparing to strengthen its regional fleet with the addition of an Embraer E190 aircraft, marking another step in its ongoing capacity expansion strategy. The move is part of a wider effort to modernize operations and increase connectivity across domestic and regional routes. The......

United Kingdom projects oil at 100 dollars through 2028

The United Kingdom government expects global oil prices to remain near 100 dollars per barrel through 2028, even if a peace agreement is reached between the United States and Iran, according to internal projections. The assessment signals a prolonged period of elevated energy costs driven by slow recovery......

Oman suspends oil exports after Mina al Fahal explosion

Oman has halted crude loading operations at its Mina al Fahal export terminal following an explosion near its offshore mooring buoys, disrupting a key node in global oil supply chains. The incident has added new pressure to already strained energy markets, where supply disruptions across the Middle East......

India and United States move closer to first phase of trade agreement

India and the United States are accelerating efforts to finalize the first phase of a bilateral trade agreement, with both countries aiming to conclude negotiations by mid-July, according to India's Commerce Minister Piyush Goyal. Speaking on Friday, Goyal said officials from both sides have intensified......

Trafigura warns global oil supply loss deepens crisis

Global oil markets are facing severe disruption as major institutions warn of an accelerating supply shock linked to geopolitical conflict and restricted maritime flows. The International Energy Agency has cautioned that crude markets could enter a critical shortage phase within weeks if key transport......

Bitcoin falls to lowest level since February selloff intensifies

Bitcoin dropped to its weakest level since February on Wednesday as heavy selling from long-term holders and sustained outflows from spot exchange-traded funds extended a sharp market downturn. The cryptocurrency touched 61,300 dollars before stabilising near 63,000 dollars later in the session. The......

Iata set to slash airline profit outlook amid fuel shock

Global airline executives are gathering in Rio de Janeiro for a major industry meeting as the sector faces mounting pressure from a sharp rise in jet fuel costs linked to the war in Iran. The International Air Transport Association is expected to significantly cut its previous 2026 profit forecast of......

United States considers new tariffs targeting Morocco over forced labor allegations

The United States is considering the imposition of additional tariffs on several countries, including Morocco, over allegations related to insufficient measures against forced labor in global supply chains. According to a report by the Office of the United States Trade Representative (USTR), Morocco......

Bankless cofounder exits ether positions after thesis shift

David Hoffman, cofounder of Bankless, sold all of his ether holdings in mid May after years of public support for Ethereum. The move marked a clear break from one of the most visible long term advocates of the asset. He confirmed the decision through public statements and later interviews, drawing attention......

Gold edges higher as dollar weakens on Iran talks hopes

Gold prices rose slightly in Asian trading on Thursday as the US dollar softened, with investors reassessing the outlook for diplomacy between Washington and Tehran. The move followed a period of tight trading, with gold hovering near 4,485 dollars per ounce earlier in the week amid volatile geopolitical......

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