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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

European Commission not knowing exact quantity of jet fuel in Europe

Commission Spokesperson Anna-Kaisa Itkonen said there is also lack of transparency on the evolution of stocks from the different actors

Arctic should have rental income regional funds — expert

Svetlana Lipina said the approach could favor bigger investments in infrastructures, education and economic diversification projects

Updates From Milken Institute Global Conference

Data centers need to be set up in Far East's isolated power systems — State Council

Yakutia's Governor Aisen Nikolaev said that a number of companies are beginning direct implementation of the projects related to creation of data centers in Yakutia

Blackstone and Goldman among backers for $1.5bn Anthropic JV

New consulting company to advise Wall Street groups on how to deploy its AI across their investment portfolios

Bill Dudley Sees No Good Reason for Warsh to Cut Rates

Bill Dudley, former New York Fed President and Bloomberg Opinion columnist, explains the reasons he sees for the Federal Reserve to not cut interest rates at this time and discusses expected changes under Fed Chair nominee Kevin Warsh and Jerome Powell’s decision to continue to serve as a Fed governor when his term as chair expires. His opinions are his own. (Source: Bloomberg)

Major Russian tour operators not selling packages for MV Hondius liner — association

Earlier, hantavirus was found there

Six key questions for the Edmonton Oilers that must be solved this offseason

The Edmonton Oilers’ season ended early this spring, and that could be a blessing in disguise. Since the start of 2023-24, the club has played in 299 total games. The Anaheim Ducks, who ended Edmonton’s season last week, have played in only 252 games. Among a fairly lengthy list of reasons the Oilers stumbled early this year, surely fatigue is a prominent one.Advertisement

UAE says Iran fired drones at Adnoc oil tanker in Hormuz, no injuries

[Editor's Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.]The UAE has strongly condemned an Iranian drone attack on an Adnoc-owned tanker while it was transiting the Strait of Hormuz and no injuries were reported. In a statement, the UAE described the incident as a "terrorist attack" and called it a serious violation of international maritime law and a threat to global energy security.The Ministry of Foreign...

US Premarket Movers for May 4, 2026

S&P 500 Index futures fall 0.2% as of 7:50 a.m. in New York. The US denied a report by Iranian media that the country had struck an American naval vessel with missiles, according to a senior official.

US Oil Sanctions Push Beijing to Test Washington’s Limits

Beijing has told its companies to ignore American sanctions on a major oil refiner, complicating the leaders’ summit next week.

SPIEF 2026 expanded business program has been unveiled — Roscongress

According to Anton Kobyakov, the program brings together over 150 sessions grouped by thematic areas

Govt shields fuel buyers, rules out relief for oil PSUs amid crude spike: Report

Govt shields fuel buyers rules out relief for oil PSUs amid crude spike Report

Gulf Oil Production Could Be Restored Quickly

Fears that supply shut ins in Gulf Oil will be difficult to restore are exaggerated.