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UAE Says Swap Talks With US Are About Joining ‘Elite’ Group
The United Arab Emirates signaled its currency swap talks with the US were about joining a small club with access to Federal Reserve liquidity lines rather than a need for external financing.
Putin instructs cabinet to expand use of biotechnology in economy
The Cabinet of Ministers will also need to prepare proposals to expand the participation of biotechnology organizations in the implementation of the federal project "Professionalism"
Russia to keep smartphones from Apple, Samsung brands on parallel import list — ministry
The ministry added that the products should meet the requirements regarding safety, origin, availability of certificates
EU Power Markets Lowers Hourly Price Floor to -600 Euros
European power markets are set to cut the hourly price limit to -€600 per megawatt-hour after an intense period of volatility where the existing floor price was reached a number of times.
Apollo's Zito on Fears Facing Private Credit Investors
Apollo Asset Management co-President John Zito talks about how AI is impacting investing and private credit. “Everyone is acknowledging we will be in a higher-volatility regime, but they are not acknowledging credit is actually the typical safer place to be," he told Bloomberg's Dani Burger at the Milken Institute Global Conference in Beverly Hills. (Source: Bloomberg)
These Are the Players in the Million-Dollar Dinosaur Fossil Business
Why are dinosaur bones joining the collections of millionaires and billionaires like Ken Griffin? On this episode of the Odd Lots podcast, we are joined by Salomon Aaron, a director at London-based gallery David Aaron. He tells Joe Weisenthal and Tracy Alloway how the private market for fossils actually works and how similar it is to the market for art and other antiquities. (Source: Bloomberg)
Mexico Exchange Biva Sees ‘Serious’ Investor Interest in Bidding
Mexico’s second-largest stock exchange, Biva, has received “serious” interest from potential bidders in a sale process that kicked off at the end of last year, said Chief Executive Officer Maria Ariza.
Excluding certain PCs from parallel imports will not reduce selection on Russian market
The Industry and Trade Ministry hopes that such measures will increase demand for domestic electronic products
Countries That Pay You To Move And Why Americans Are Leaving The U.S.
Countries are offering incentives to attract remote workers & digital nomads as more people consider leaving the U.S. for a lower cost of living and better lifestyle.
Surprise Rate Hold Upends Colombia’s Markets Weeks Before Vote
Colombia’s peso and short-term rates plunged on Monday following the central bank’s unexpected decision to hold borrowing costs just weeks before a pivotal election.
Baltimore’s Mayor on Why the City Is More Than What You See on TV
Since Mayor Brandon Scott first took office in 2020, he's made it his mission to fix Baltimore's vacant housing crisis and make room for usable housing supply. On this episode of the Odd Lots podcast, Mayor Scott tells Joe Weisenthal and Tracy Alloway about the historic effects of gun violence and why Baltimore natives aren't huge fans of The Wire. (Source: Bloomberg)
Explosive detonates in child's hands in Crimea, injuring boy — Investigative Committee
The child was hospitalized with an arm injury and is receiving necessary medical care
Alphaville’s tepid takes on GameStop vs eBay
We are highly confident that this could end up a car crash
Germany’s Klingbeil Renews Call for EU Windfall Tax on Energy
German Vice Chancellor Lars Klingbeil continued to push for a European Union windfall tax to cushion the fallout from the energy price spike for households and companies.
Canada Giving $1.1 Billion to Firms Hit by US Metal Tariff Rules
Prime Minister Mark Carney’s government unveiled measures worth C$1.5 billion ($1.1 billion) to help Canadian firms hurt by the Trump administration’s changes to US tariffs on imports containing steel, aluminum and copper.
RTS Index drops below 1,100 points — market data
The MOEX Russia Index lost 2% to 2,612.97 points
Trump's secret new plan to confront Iran privately bewilders oil titans as gas prices skyrocket
Trump’s secret new plan to confront Iran privately bewilders oil titans as gas prices skyrocketPolitics is fast. We're faster. Sign up to the DC Insider newsletter for a front-row seat to American politics... and unlock 3 FREE months of DailyMail+ HERE By PHILLIP NIETO, US POLITICAL REPORTER Published: 14:11, 4 May 2026 | Updated: 14:11, 4 May 2026 e-mail View comments
South African Farms Face El Niño Drought Risk on Top of Iran War
South African farmers pinched by mounting costs from the Iran war now face the added risk of an El Niño-induced drought, with implications for lower agricultural output and higher food prices.
Standard Chartered to Sell East African Headquarters as Footprint Shrinks
Standard Chartered Plc is selling its East African head office as the lender shrinks its physical presence on the continent.
China is building soft power as Trump burns bridges
After years of struggling to match the global popularity of the US, Japan and South Korea, Beijing’s image is improving