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Palestine Action activists behind £1MILLION defence firm raid could be sentenced as 'terrorists'
Four activists linked to Palestine Action who were found guilty of causing approximately £1million worth of damage to an Israel-connected defence company may face sentencing under terrorism legislation next month.Charlotte Head, Samuel Corner, Leona Kamio and Fatema Rajwani were convicted at Woolwich Crown Court last week following their involvement in a nighttime incursion at the Elbit Systems facility in Bristol on August 6, 2024.A pre-trial determination by Mr Justice Johnson, which can now b...
Russian stock market closes with major indices up
The MOEX Index approached 2,700 points
India Books Phosphate Fertilizer at 40% Above Pre-War Prices
India, the world’s top buyer of diammonium phosphate, has contracted the crop nutrient at prices almost 40% higher than pre-war levels as the Middle East conflict disrupts supplies and pushes global benchmarks higher.
France’s Economy Is Succumbing to Iran War Shock, Survey Shows
France’s economy is showing signs of faltering as the fallout from the Middle East conflict hits growth and ratchets up inflation pressure, according to the central bank’s monthly survey of companies.
Iran Kharg Island Oil Shipments Show First Prolonged Halt Since Start of War
Oil shipments from Iran’s main export terminal appear to have come to a standstill over the past several days, according to satellite images, the first sign of a prolonged halt since the start of the war.
DOJ reaches $30 million deal with PayPal over minority-owned business program
The DOJ has reached a deal with PayPal over an investigation into its minority-owned business program.
‘Unfair trade practice’: EPFO pulled up over PF delay, awards Rs 50,000 compensation
Chandigarh Consumer Commission penalised EPFO Rs 50,000 for a decade-long delay in transferring provident fund. Software glitches were dismissed as an excuse for the significant lapse. The commission found EPFO guilty of deficiency in service and unfair trade practice, ordering compensation for the employee's prolonged wait for his PF funds.
Fujairah population reaches 328,495, GDP rises to Dh32.6 billion
Fujairah: Fujairah’s population rose to 328,495 by the middle of 2025, up from 314,829 a year earlier, as the emirate also recorded strong economic growth with gross domestic product climbing to Dh32.65 billion, according to new figures released by the Fujairah Statistics Centre.The data, published in the centre’s 29th annual statistical report, pointed to continued expansion across key sectors including industry, tourism, construction, healthcare and education, highlighting Fujairah’s growing e...
US Energy Department estimates oil output decline in Middle East in April at 10.5 mln bpd
The report assumes that the Strait of Hormuz remains effectively closed until late May, with shipping traffic beginning to pick up in June
US faces rising costs with Iran war driving energy prices, inflation higher
Consumer prices spike in April, driven by soaring energy costs, with petrol prices up nearly 30 percent since last year.
Inflation Climbs, Tech Cools and Dimon Warns on Market Exuberance | Open Interest 5/12/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." US inflation heats up in April, with gas, rent and food all climbing. The tech rally loses steam, while South Korean stocks swing on a proposal to distribute AI profits to citizens. JPMorgan CEO Jamie Dimon warns there’s “too much” market exuberance, saying AI is real -- but there will be winners and losers. LNG pioneer Charif Souki joins us as the Iran stalemate keeps energy markets on edge. P...
Putin plans to hold meeting on economic issues soon
The President reviewed the country's macroeconomic indicators in detail
Rising oil prices will impact inflation and interest rates: Nilesh Shah
Rising oil prices will impact inflation and interest rates Nilesh Shah
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US Department of Energy estimates OPEC's spare capacity in 2027 at 2.5 mln bpd
The US Department of Energy estimates OPEC's available capacity for 2026 at 0.5 million bpd
Debt, Inflation and Politics: UK Bonds Are Taking a Triple Hit
As UK Prime Minister Keir Starmer slowly loses allies in government and fights for his survival, the escalating political drama is heaping fresh pressure onto a bond market already battered by the country’s deep-rooted fiscal and economic problems.
An 82% Earnings Drop at US LBM Shows Pain in Building Materials
Building materials and products distributor US LBM Holdings reported sharply weaker first-quarter earnings as operating expenses ramped up and demand continued to soften in one of the starkest examples yet of the pain engulfing the industry.
Bessent Tells Japan That FX Volatility Is 'Undesirable'
US Treasury Secretary Scott Bessent echoed his Japanese counterpart Satsuki Katayama by characterizing excess foreign-exchange volatility as undesirable in another indication of tacit US approval of Japan’s recent market intervention. “We both believe that excess volatility is undesirable,” Bessent said Tuesday in Tokyo, as he continued a day of meetings with senior officials in Japan including Katayama and Japanese Prime Minister Sanae Takaichi. He confirmed his team will maintain close contac...
LNG Pioneer Souki Talks Energy Markets Amid Tensions
Energy markets on edge as a fragile Middle East ceasefire hangs in the balance. Charif Souki, the founder of Cheniere Energy who helped transform the US into the world’s largest LNG exporter, discusses the outlook on “Bloomberg Open Interest.” (Source: Bloomberg)
MLB, union begin negotiations over new labor deal
Baseball’s march to a likely lockout is underway.Representatives from the commissioner’s office at Major League Baseball and their counterparts at the Players Association met Tuesday in New York City to start what’s expected to be a lengthy negotiation process en route to a new labor deal, a person briefed on the negotiations who was not authorized to speak publicly said.Advertisement