Markets
Walsh: Europe Air Fares Must Rise on Fuel Costs
Europe's air travellers face "inevitable" ticket price increases due to high jet fuel costs, IATA head Willie Walsh warns, despite current discounts.
Markets
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Finance
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Finance
SEC Enforcement Director Woodcock Reaffirms ‘Back to Basics’ Investor Protection
SEC Enforcement Director David Woodcock detailed a 'back to basics' agenda on May 13, focusing on investor protection and market integrity. He...
Finance
Treasury Directs Banks to Hunt Iranian Money Laundering Networks
The U.S. Treasury Department is instructing financial institutions to monitor for Iranian money laundering networks involved in smuggling sanctioned oil via shell...
Finance
Former World Bank Chief Urges China to Halt Food, Fertiliser Hoarding
Former World Bank chief David Malpass urges China to release food and fertiliser stockpiles to ease a global supply crisis, ahead of...
Finance
Chinese AI Sparks Competition, Potentially Easing Inequality
New Chinese AI models are challenging U.S. dominance, creating competition that could drive down costs and benefit consumers, potentially mitigating AI-driven inequality.
Finance
Somali Piracy Returns, Threatening Global Trade Routes
A resurgence of Somali piracy, fueled by regional conflicts and stretched naval resources, is adding significant costs and delays to global shipping.
Finance
Tradespeople Confront Payment Delays: Half See Rise in Unpaid Invoices
More than half of tradespeople report a significant increase in late payments, forcing many to chase debts and adapt business practices amidst...
Stocks
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Stocks
Lulu’s Projects 2026 Positive Adjusted EBITDA, Outlines $2.0M-$2.5M Capex
Lulu's Fashion Lounge Holdings, Inc. anticipates achieving positive adjusted EBITDA in 2026, supported by a planned capital expenditure of $2.0M-$2.5M.
Stocks
SpaceX IPO: Capitalism’s New Rules and Index Integrity Questioned
The upcoming SpaceX IPO, alongside other trillion-dollar offerings, highlights a profound shift in market dynamics, raising concerns about traditional capitalism and index...
Stocks
Reliance Inc. Joins Top 5 Dividend-Paying Metals Stocks
Reliance Inc. (RS) has been recognized among the top five dividend-paying metals and mining stocks, according to Dividend Channel's latest 'DividendRank' report.
Stocks
Black Rock Coffee Bar Confirms 2026 Revenue and Store Growth Targets
Black Rock Coffee Bar reaffirmed its 2026 outlook, projecting $255M-$257M in revenue and 36 new store openings, while closely monitoring Phoenix market...
Economy
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Economy
Iran’s Economy Falters Under War, Blockade: Inflation Soars, Rial Plummets
Iran's economy faces unprecedented strain from war and US blockade, with annual inflation at 53.7% and the rial losing over half its value, severely impacting ordinary citizens.
World Business
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World Business
China’s New Rules Create Headaches for Western Firms
Beijing's new regulations empower it to penalize companies exiting China, complicating global operations for multinationals already navigating complex trade environments.
World Business
Global Strain Cuts London’s Alphonso Mango Supply, Prices Soar
London's Alphonso mango market faces significant supply shortages and price hikes this season, driven by adverse weather in India and global logistical...
World Business
Labour’s Brexit Pivot: Economic Reality Drives Shift to Pro-EU Voters
Labour's stance on Brexit is undergoing a significant reorientation, driven by persistent economic challenges and a shifting electoral landscape. The party's focus...
World Business
Brazil Blasts EU Export Block Amid $22 Trillion Trade Deal Activation
Brazil expressed "surprise" as the EU moved to block its animal product exports from September, just days after a major Mercosur-EU trade...
World Business
US Sanctions Target Cuba’s Military Conglomerate GAESA
U.S. Secretary of State Marco Rubio defends new sanctions on Cuba, primarily targeting military-run conglomerate GAESA. The measures, including a ban on...
World Business
China Exports Jump 14.1% in April, Defying Middle East Conflict
China's exports surged 14.1% in April, significantly exceeding forecasts, as an AI investment boom fueled trade despite shipping disruptions from the war...
Investing
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Investing
Pan American Silver Sets June 1, 2026 Investor Day in Toronto
Pan American Silver Corp. will host an Investor Day on June 1, 2026, in Toronto, featuring executive presentations on strategy, operations, growth,...
Investing
HMS Bergbau AG Secures Majority Control of Belmont Resources Inc. with $1.7M Share Acquisition
HMS Bergbau AG acquired 43.3 million shares of Belmont Resources Inc. for $1.73 million, gaining 50.9% majority control. The German commodities firm...
Investing
UK Borrowing Costs Climb on PM’s Leadership Uncertainty
UK government borrowing costs have risen sharply, with 10-year yields nearing 2008 crisis levels, driven by investor concerns over potential leadership changes...
Investing
IFM Threatens A$3 Billion SAF Project Halt Without Australian Mandate
IFM Investors warns it will scrap a proposed A$3 billion sustainable aviation fuel project in Australia unless the government mandates airline usage...