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Euro-Zone Wage Growth to Quicken in Second Half of This Year

Euro-area pay growth is set to accelerate in the second half of the year, the European Central Bank said as it gauges whether spillovers from high energy costs will require it to increase interest rates.

Standstill in Indian Gold Imports Drags On and Threatens Supply

Indian banks have been unable to import gold and silver for five weeks, an unusually long halt that’s pushing up domestic prices and threatening shortages in the world’s second-biggest bullion market.

Russian stocks down as main trading session opens

As of 10:15 a.m. Moscow time, the indices were down by 0.42% at 2,633.18 and 1,100.95 points, respectively

Boss of B&Q owner Kingfisher quitting to head up Netherlands-based supermarket

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Gazprom files new legal action against Czech company NET4GAS in Russian court

The claim concerning economic disputes related to civil law relations was filed on May 5 with the Arbitration Court of St. Petersburg and the Leningrad Region

Trader Trafigura Plans to Move Key Holding Company to Bermuda

Commodities trader Trafigura Group plans to re-domicile a key holding company through which employees own their shares in the business from the Netherlands to Bermuda.

Italy’s Bank CEOs Say They’re Ready to Start Next Deals Wave

The chief executives at some of the largest Italian banks are girding up for more acquisitions, potentially extending a wave of transactions across the country’s finance industry.

Russian services PMI index up to 49.7 points in April

The latest reading indicated a fractional and slightly slower decline in output levels at service providers

Next to hike prices by up to 8% outside Europe due to Iran war costs

Next to hike prices by up to 8% outside Europe due to Iran war costsJust nowShareSaveAdd as preferred on GoogleEmer MoreauBusiness reporterNext plcNext said its UK sales were better than expected at the start of the yearFashion and homeware chain Next is to raise prices by up to 8% in some countries outside Europe as it anticipates millions of pounds in extra costs from the US-Israel war with Iran.The retailer said it is facing an additional £47m in costs this year due to higher fuel prices and...

Iran War: Trump Pauses Plan to Guide Ships in Hormuz, Seeks Iran Deal | Daybreak Europe 5/6/2026

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. On today's show, President Trump says the US plan to guide stranded ships through the Strait of Hormuz is being paused to see if an agreement can be reached with Iran to end the war. Iran's Foreign Minister Abbas Araghchi is in Beijing, where he's held talks with Chinese Foreign Minister Wang Yi. The meeting comes just days before Donald Trump is scheduled to arrive in the Chinese capital. Plus, a busy day for earning...

Horizons Middle East & Africa 5/6/2026 (Video)

Gasoline prices in US gain 50% since start of Iran war — AP

The price of gasoline has climbed to an average of $4.48 per gallon

MOEX Index up as morning trading session opens

As of 7:10 a.m. Moscow time the MOEX Index was up by 0.1% at 2,646.98 points

Next Lifts Outlook as Strong Sales Offset Higher Iran Costs

Next Plc raised its profit outlook as the British fashion and homewares retailer saw robust demand at the start of the year even as costs related to the conflict in the Middle East tripled.

Wetherspoon Issues Third Profit Warning in 2026 as Costs Bite

J D Wetherspoon Plc issued its third profit warning this year as higher costs eat into pub earnings.

Diageo Sales Beat Driven by Growth in Africa, Latin America

Diageo Plc’s sales rose more than expected in the third quarter as growth in Africa and Latin America was enough to offset significant weakness in the US.

Maniatis: Illegal to Toll Natural Passage Like Hormuz (Video)

Picasso, Miró Art Among Latest 1MDB Assets Recovered by Malaysia

Malaysia has repatriated four artworks allegedly bought with money siphoned from state fund 1MDB, including works by Pablo Picasso and Joan Miró, as authorities press on with efforts to retrieve assets linked to one of the world’s biggest financial scandals.

Are memes and reels turning stock markets into a casino for investors?

Are memes and reels turning stock markets into a casino for investors

Vestas Beats Profit Estimates as Wind Turbine Orders Swell

Vestas Wind Systems A/S beat analysts estimates for profits in the first quarter of the year, reflecting increasing orders for wind turbines.