Delay of key Detroit-Windsor trade link extends freight bottlenecks amid ongoing US-Canada trade tensions under Trump administration. The US and Canada have postponed the opening of the $4.7 billion Gordie Howe International Bridge, a critical trade artery between Detroit
Iranian forces blocked a tanker from transiting the Strait of Hormuz Iranian forces have blocked a tanker from transiting the Strait of Hormuz without prior coordination. The vessel complied with the transit ban after receiving warnings from the IRGC Navy. The incid
Unverified reports suggest Iran’s Mojtaba Khamenei has not endorsed the proposed US deal, casting doubt on its viability. Unconfirmed reports indicate Iran’s new Supreme Leader, Mojtaba Khamenei, has not approved the proposed US-Iran deal, despite commitments from Iranian
The company targets six alpha product launches by fiscal 2026 while keeping its quarterly dividend at $0.02 per share. Zedge announced plans to launch six alpha products by fiscal 2026, aiming to expand its digital content and personalization platform. The company also con
NZ manufacturing PMI falls to 49.9 in May The New Zealand manufacturing sector slipped into contraction in May, with the PMI falling to 49.9 from 50.4 in April. The decline was attributed to weak demand, high fuel costs, and Middle East tensions. The PMI re
Tehran disputes Trump’s assertion of a broad agreement, demanding $24 billion in frozen funds and Hormuz access before any deal. Iran’s Foreign Ministry denied President Trump’s claim that a deal had been broadly approved, including by the Supreme Leader, citing unresolved
Trump cancels Iran strikes, citing progress on a deal that could ease sanctions and reopen the Strait of Hormuz within 30 days. Oil prices fell after President Trump announced the cancellation of planned military strikes on Iran, citing progress toward a framework agreemen
Experts warn tech firms' private power plants could shift infrastructure costs to consumers as AI-driven data center growth surges. Tech companies building private power plants for data centers may increase household energy bills, contrary to claims of cost protection. The
US-Iran deal removes geopolitical risk premium A potential US-Iran agreement has removed a major geopolitical risk premium from markets. The agreement has sent crude lower, bonds higher, and equities sharply higher. Iranian approval remains outstanding, wit
The currency pair rises as USD weakens after US President Trump halts military action against Iran amid peace talks. EUR/USD advanced 0.36% to approach 1.1600 as the US dollar retreated following President Trump’s decision to cancel planned strikes on Iran. The move came a
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