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Russian stock indices down more than 2% as trading on Moscow Exchange closes

The MOEX Index fell 2.1% to 2,639.82 points, while the dollar-denominated RTS Index dropped 2.35% to 1,110.57 points

Fed expected to keep interest rates on hold

End of an era looms for Jay Powell as Kevin Warsh closes in on taking over as chair of world’s most important central bank

US influenced UAE's decision to leave OPEC — expert

Miguel Jaimes argued that the US is actively seeking to undermine the cohesion of OPEC+, a coalition led by Russia and Saudi Arabia, by applying pressure on member countries - including Russia - over the Ukraine conflict

Oil Charges Toward $120 With No End in Sight to US-Iran War

Oil surged to the highest since June 2022, with no end in sight to the US-Iran conflict or choked-off energy flows through the Strait of Hormuz, heightening concerns over a rapidly shrinking global supply cushion.

Atome Sees War Driving Shifts That Boost Low-Carbon Fertilizer

The low-carbon fertilizer industry is getting a boost as buyers shift to long-term contracts amid rising geopolitical risks, according to the top executive at Atome PLC.

Serbia receives gas on most favorable terms in Europe — minister

Nenad Popovic called energy an important element of cooperation with Russia

Ackman Says Stocks Above 'Stupidly Cheap' Market Bottom

Pershing Square founder and CEO Bill Ackman says he doesn't see any strategic dislocations in markets during an interview with Dani Burger on "Bloomberg Deals." Ackman’s combined IPO for his closed-end fund and alternative asset manager raised $5 billion. (Source: Bloomberg)

Bondi to testify in House Oversight's Epstein investigation

Bondi to testify in House Oversight's Epstein investigation

Man carries deceased sister into Indian bank amid paperwork difficulty

A man in India was recorded carrying the remains of his deceased sister into a bank after he couldn't access her account

Ackman Says It'll Take Weeks, Not Months to Invest IPO Proceeds

Pershing Square founder and CEO Bill Ackman says the company's initial public offering is the "beginning of a journey" during an interview with Dani Burger on "Bloomberg Deals." Ackman’s combined IPO for his closed-end fund and alternative asset manager raised $5 billion. (Source: Bloomberg)

Analysis of Fed Rate Decision, Powell News Conference

AmCham Russia urges US to allow banks to use dollars for Russia payments

According to Robert Agee, American businesses are counting on anti-Russian sanctions being lifted

US Treasury authorizes transactions for sale of Lukoil's foreign assets until May 30

The license permits transactions related to negotiations regarding the sale, alienation, or transfer of Lukoil International GmbH and its assets

Russia boosts fish, seafood imports from China in Q1 2026

Imports of fish and seafood from China by Russia moved up in January - March 2026 by 20% in weigh

In five charts - How UAE's exit could affect Opec's influence over the oil price

In five charts - How UAE's exit could affect Opec's influence over the oil price8 minutes agoShareSaveAdd as preferred on GoogleJemma CrewBusiness reporter ReutersThe United Arab Emirates' plan to ditch the oil producers' group Opec and strike out alone is being viewed as a huge blow for the organisation, with one analyst describing it as "the beginning of the end of Opec".It comes at a time of significant volatility in the oil market, with the US-Israel war with Ir...

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Morocco, Portugal to Launch €800 Million Undersea Highway Project

Rabat – International coverage on a possible undersea highway project between Portugal and Morocco is making headlines. OkDiario reported this week that the ambitious project, with a budget exceeding €800 million, has entered a concrete planning phase. Land-based logistics infrastructure and maritime connections support the project which would link Morocco with high-capacity roads north of Tangier. In Portugal, the project will integrate with the Algarve network and the A2 motorway. OkDiar...

Iran Currency Drops To All-Time Low At 1,810,000 Rials To US Dollar

The drop follows weeks of calm in Iran's free currency market

FTSE 100 closes lower as drugs firms GSK and AstraZeneca struggle

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Co-op marking commonly-stolen items with forensic spray to track reselling

Wave of measures has helped cut offending in stores by a fifth last year as new retail crime law comes into forceCo-op is secretly marking commonly-stolen items including alcohol and laundry detergents with invisible “forensic spray” to track them, in the latest crackdown on shoplifting as a new law on retail crime kicks in.The grocer is to use the technique, which helps the retailer to identify where stolen items are being resold and report them to the police, across the country after testing i...