- Bitcoin climbed to its highest level in nearly two weeks after the US and Iran said they had reached an agreement to end hostilities and reopen the Strait of Hormuz. Most Read from Bloomberg The original cryptocurrency rose as much as 3.1% to $65,958 on Monday, before lo
Indian e-commerce company Meesho has agreed to purchase Kirana Club, a community-focused B2B commerce platform, in a transaction valued at Rs2.02bn ($21.34m). Established in 2020 by Anshul Gupta and Aishwarya Jain, Kirana Club runs a mobile-led platform through which small
Gold prices extended their advance for a third consecutive session on Monday, reaching their highest levels since 9 June, even as news of a peace agreement in the Middle East eased geopolitical tensions. The precious metal continued to attract investor interest despite a s
Sales of Chinese-made vehicles, including exports, declined by 2.1% to 2.629 million units in May 2026 from 2.686 million units a year earlier, according to passenger car and commercial vehicle wholesale data compiled by the China Association of Automobile Manufacturers (CAAM).</
Israel asserts it will not comply with a Lebanon-related provision in the draft agreement, signaling potential regional tensions. Israeli Prime Minister Benjamin Netanyahu declared Israel is not bound by a Lebanon-related clause in a proposed US-Iran deal. The statement un
Diplomatic discussions ahead of a potential MOU trigger oil price drops and equity rallies amid geopolitical easing. The US and Iran are scheduled to hold preparatory talks in Doha before finalizing a memorandum of understanding, according to reports. The development has f
Bitcoin reaches $65,881 on news of US-Iran peace deal Bitcoin has risen to $65,881, its highest level in 12 days, following news of a potential US-Iran peace deal. The deal, if signed, would remove a major geopolitical risk premium, triggering a risk-on move.
U.S. may impose 100% tariffs on French wine imports if France enforces its 3% digital tax on tech firms. President Donald Trump warned France that the U.S. will impose 100% tariffs on French wine and champagne imports unless France scraps its 3% digital tax targeting techn
LNG tanker heads to Strait of Hormuz after US-Iran deal A liquefied natural gas tanker is en route to the Strait of Hormuz following a preliminary agreement between the US and Iran. The deal includes a 60-day ceasefire period and negotiations on ending the war.
Lagarde highlights disinflationary impact of Middle East tensions easing but warns of persistent second-round effects on services and wages. European Central Bank President Christine Lagarde welcomed the US-Iran peace deal as a potential source of inflation relief, citing
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