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Trump Threatens Iran on Hormuz Fee

President Donald Trump said he was “optimistic” about a deal with Iran but later threatened Tehran over charging fees in the Strait of Hormuz. Bloomberg's Laura Davison and Stephen Stapczynski report. (Source: Bloomberg)

Japan plans to release extra 20 days' oil reserves from May

TV for dogs booms but are they watching?

TV for dogs booms but are they watching?5 minutes agoShareSaveAdd as preferred on GoogleDavid SilverbergTechnology Reporter, TorontoLuca CaranoLuca Carano and his dog LunaSix years ago, when Luca Carano was living in Barcelona with his then-girlfriend, they decided to leave their dog Luna home alone as they went out for dinner. They usually took the puppy with them, but on that night they left her at home."I was thinking right then, she's going to be bored and lonely, there should be s...

EU fingerprint and photo travel rules come into force

EU fingerprint and photo travel rules come into force31 minutes agoShareSaveAdd as preferred on GoogleKaty AustinTransport correspondent BBCPeople wait to go through departures at Eurostar's London St Pancras terminusThe EU's new digital border system which requires fingerprints and photos alongside a passport scan is set to be fully operational from Friday.This was the deadline for the Entry/Exit System or EES, to be active at every Schengen border crossing point in all 29 participati...

Gold Steadies as Traders Weigh Prospects for Iran War Ceasefire

Gold steadied after three days of gains, with US President Donald Trump saying he is “optimistic” about a deal with Iran despite the continued closure of the Strait of Hormuz.

Oil Opens Higher With Focus on US-Iran Ceasefire: Markets Wrap

Oil opened higher Friday and US stock futures wavered as Israeli strikes in Lebanon and the continued closure of the Strait of Hormuz damped optimism over a ceasefire to the Iran war.

Mercer Bonds Sink as Pulp Firm Seeks to Strip Lender Protections

Mercer International Inc.’s bonds slumped after it sought to ditch rules requiring equal treatment for all creditors — a move that would give the struggling pulp producer the power to pick and choose which lenders to favor in a restructuring.

'Very Tenuous Situation': Economist Breaks Down Global Economy After U.S.-Iran Ceasefire Declared

On "Forbes Newsroom," Matthew Martin, a senior U.S. Economist at Oxford Economics, discussed the economic effects of the U.S.-Iran ceasefire.

World Bank Able to Rush at Least $20 Billion in Post-War Support

The World Bank Group could mobilize $20 billion to $25 billion in rapid financing to countries grappling with the economic fallout of the war in Iran, according to the bank’s top official.

Venezuela Approves New Law to Open Mining to Foreign Investors

The measure follows a similar law recently approved by Venezuelan lawmakers that sought to open the country’s oil sector to foreign investment.

HelloFresh's Ronen: Customers Use Us to Hedge Food Costs

HelloFresh Group Global President Assaf Ronen discusses consumer spending, grassroots marketing, and how consumers are using the brand to 'hedge' food costs. He talks with Katie Greifeld and Romaine Bostick on "The Close." (Source: Bloomberg)

How Prediction Markets Turned the World Into a Casino

As billions pour into platforms such as Kalshi and Polymarket, the line between betting and trading is rapidly disappearing.

The Eroding Lira and a Scorched Market: Syria’s Search for Monetary Recovery

The Syrian monetary landscape has entered a new phase of deterioration. Over the past several weeks, the Lira has lost close to six percent of its value, a stark reminder of an economy so brittle that even modest internal or external pressures reverberate through every sector. Sixty days ago, the informal market traded near 117 Lira to the dollar. Recent sessions have pushed that figure to 125, a steady climb that accelerated as regional tensions intensified, particularly the confrontation invol...

ConocoPhillips Sends Team to Venezuela to Evaluate Oil Prospects

ConocoPhillips has dispatched a team to Venezuela to evaluate the prospects for a return to drilling in the oil-rich Caribbean nation almost two decades after billions of dollars in assets were seized by the socialist regime.

Lebanon’s 10 minutes from hell

A string of rapid Israeli attacks killed hundreds of people in one of the deadliest episodes in the country’s history

Italy’s Meloni Ousts Leonardo CEO, Reappoints Heads of Eni, Enel

Italian Prime Minister Giorgia Meloni ousted the chief executive officer of Leonardo SpA, the state-backed aerospace and defense contractor, while retaining CEOs at energy firms Eni SpA and Enel SpA.

North Sea oil prices hit record high as Iran keeps hold over Hormuz

Washington-Tehran ceasefire agreement fails to stem global energy crunch

Netanyahu authorises Israeli talks with Lebanon after Trump intervention

Israel’s military campaign against Hizbollah has threatened to undermine fragile truce agreed by US and Iran

Cargill’s Head of World Trading Departs Firm After Three Decades

Alex Sanfeliu, head of world trading at Cargill Inc., is leaving the top agricultural commodities firm after three decades, according to people familiar with the matter.

Chile Pension Regulator Sets Limit on Swaps That Boosted Returns

Chile’s pension regulator set new risk-based rules limiting the use of derivatives by pension funds known as AFPs, tightening their scrutiny after foreign interest rate positions helped buttress returns but led to concerns about potential financial strain.