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EU boosts support for Armenia’s armed forces with €30 mln package

The exception is lethal weapons

Trump administration investigates Smith College for admitting transgender women

Civil rights inquiry claims policy may breach Title IX as administration escalates attacks on trans rightsSign up for the Breaking News US newsletter emailThe US education department is investigating one of the country’s largest women’s colleges over its admittance of transgender women in another escalation of the Trump administration’s attacks on trans people.The department’s office of civil rights announced the investigation on Monday in a press release, saying the Massachusetts college could...

Kamaz adapted 13-liter engine for use on board of ships — CEO

Diesel engine manufactured by Kamaz are being used at present not merely in the automotive sector but also in agricultural machine-building, at diesel locomotives and in the energy sector, Sergey Kogogin said

EU ready for any scenario in response to Trump’s 25% tariff threat — von der Leyen

Von der Leyen recalled that the United States has not yet fulfilled all its obligations under the trade deal

Saudi Arabia Posts Biggest Deficit Since 2018 On Hormuz Closure

Saudi Arabia’s fiscal deficit widened in the first quarter to the highest level since 2018 as the closure of the Strait of Hormuz forced it to reduce oil exports and spending on projects to diversify the economy continued to rise.

Sensitive Kazakhstan NPP build details to be kept confidential — authorities

The main terms of cooperation on the construction of the nuclear power plant will be available in open sources

KKR CFO Sees 'Compelling' Case for Private Credit

KKR & Co. Chief Financial Officer Rob Lewin says it is still a good time to enter the private credit space. "We still view this as a compelling asset class,” he said on "Bloomberg Surveillance." (Source: Bloomberg)

Rostec develops system for repelling massive FPV drone attacks

The new system is noted to be capable of operating in the most common FPV drone control frequencies

US Natural Gas Futures Fall on Lower Supply to LNG Export Plants

US natural gas futures declined as flows to liquefied natural gas export terminals dropped to the lowest since late January, leaving more supplies within the domestic market.

Sales of new passenger cars, LCVs in Russia gain 10.8% in April to 117,300 units

Sales of new passenger cars and LCVs in the first four months of this year added 3.4% in annual terms to 372,100 units

KKR’s CFO Calls Private Credit ‘Compelling’ Despite Pullback

KKR & Co. still sees a compelling environment for private credit despite investors’ jitters around the potential impact of artificial intelligence on software companies.

Nissan to cut 10% of Europe workforce in global restructuring

Japanese carmaker will also combine its two production lines in UK’s Sunderland plant

W Hotel Aspen Owner Eyes Sale in Ski Resort Where Deals Are Rare

Northridge Capital is seeking a buyer for the W Hotel Aspen, a sale that would be the first for a slopeside resort in the upscale Colorado town since 2010.

BrahMos Aerospace revenues hit $620 mln over year — Indian Defense Ministry

Export orders reached more than $480 mln, which "highlights strong global demand," the department stressed

Global central banks sell 66 tons of gold in March — WGC

The largest sellers of gold were the central banks of Turkey, and Russia

IndiGo Flight Evacuated As Power Bank Catches Fire After Landing In Chandigarh

IndiGo Flight Evacuated As Power Bank Catches Fire After Landing In Chandigarh

Maldives’ Biggest Bank Seeks Dollar Sukuk as War Hits Tourism

Bank of Maldives Plc is holding global investor meetings to gauge appetite for what would be its first foray into international capital markets, a transaction that may help buttress the island nation’s key tourism industry against fallout from the Middle East.

Norway offers 70 areas for oil and gas exploration — Reuters

The areas comprise 38 blocks in the Barents Sea, 10 blocks in the Norwegian Sea, and 22 in the North Sea, the news agency says

Updates From Milken Institute Global Conference

ECB’s Lagarde Urges Europe to Reduce Energy-Import Dependency

European Central Bank President Christine Lagarde said soaring energy costs due to the Iran war should act as a wake-up call for Europe to reduce its reliance on fossil fuels and energy imports.