State media claims include oil tankers and container vessels, but independent data previously contradicted similar assertions. Iran’s state media said 35 vessels, including oil tankers and container ships, transited the Strait of Hormuz in the last 24 hours. The claim foll
The postponement aims to avoid measures that could weaken U.S. AI leadership against China, per administration comments. President Donald Trump has delayed signing an executive order on artificial intelligence, citing concerns that certain provisions could undermine U.S. c
The move reverses a Pentagon decision last week to cancel a 4,000-troop deployment to Poland amid shifting NATO defense strategies. The U.S. will send 5,000 more troops to Poland, President Donald Trump announced, following the Pentagon’s cancellation of a 4,000-troop depl
A group including FedEx and Advent International offers €7.8B to acquire Polish logistics firm InPost, with regulatory approvals secured in five markets. A consortium led by FedEx and private equity firm Advent International has launched a €7.8 billion ($9 billion) all-cas
Islamabad intensifies diplomatic efforts with Tehran as Iran dismisses breakthrough claims in US tensions ahead of weekend deadlines. Pakistan’s Interior Minister Mohsin Naqvi met Iran’s Foreign Minister Araghchi for the second time in a week to discuss proposals aimed at
Reports suggest a mediated deal may be imminent, but conflicting updates on uranium stockpiles and delays cloud progress. Negotiations between the US and Iran appear to be advancing toward a framework agreement, potentially including an immediate ceasefire. The deal, repor
RBNZ to hold rate at 2.25 percent on May 27 The Reserve Bank of New Zealand is expected to hold its official cash rate at 2.25 percent on May 27. A majority of economists now see at least one hike by end-September due to Iran war inflation risks. New Zealand infl
Energy traders expect demand destruction to limit Brent crude to $81-$100 despite Iran war supply disruptions, a Bloomberg Intelligence survey shows. A survey of 126 energy market participants reveals most expect Brent crude to average $81 to $100 a barrel over the next ye
ECB Executive Board member Philip Lane emphasizes Asia's pivotal role in shaping euro area economic conditions and monetary policy. European Central Bank Executive Board member Philip Lane stated that developments in Asia are a key driver of the euro area's economic outloo
Warsh to lead Fed, succeeding Jerome Powell The US President will swear in Kevin Warsh as the chair of the US Federal Reserve on Friday. Warsh will serve a four-year term as Fed chair and a 14-year term as a Fed governor. The Fed has two mandates: to achieve pric
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