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United States
May 5, 2026

Pentagon chief: ceasefire in Iran not yet over

U.S. Defense 'Secretary Pete Hegseth stated on Tuesday that the U.S. Operation to Protect Commercial Ships Against Iran in 'the Strait of Hormuz was temporary, Washington wasn't...

United States
May 5, 2026

Gold gains as oil prices ease; inflation worries linger

Gold prices rose on Tuesday, after falling to a?low of five weeks in the previous session, as oil prices fell. However, Middle East tensions remained high and...

Israel
May 5, 2026

Two Palestinians killed in Gaza by Israeli strikes, say medics

Health officials said that Israeli strikes on Gaza Strip Tuesday killed two Palestinians, and injured several others. Medical officials said that an Israeli airstrike killed a Palestinian...

United States
May 5, 2026

Utility WEC Energy’s first-quarter profits rise on higher electricity demand

WEC Energy, a utility firm, reported on Tuesday a rise in its?first quarter profit. This was largely due to an increase in the sales of electricity to...

Ukraine
May 5, 2026

Governor of Kirishi Oil Refinery says Ukraine attacked Kirishi, a Russian oil refinery.

Alexander Drozdenko, the Governor of Leningrad, said that Ukraine had attacked one of Russia’s largest oil refineries on Tuesday. The attack sparked a fire in an industrial...

United States
May 5, 2026

AEP raises capital plan to $78 billion, beats profit estimates on data center demand

American Electric Power raised its five-year investment plan to $78 billion on Tuesday and beat Wall Street's estimates for the first-quarter profits, as surges in power demand...

United States
May 5, 2026

Duke Energy beats revenue and profit estimates due to rate recovery, weather boost

Duke Energy, a utility company, exceeded Wall Street's expectations on Tuesday for its first-quarter revenue and profit. This was due to the?recovery of rate-based investments in infrastructure...

United States
May 5, 2026

Marathon Petroleum profits beat estimates due to refining margin increase

Marathon Petroleum beat Wall Street estimates for the first-quarter profits on Tuesday, benefiting from higher refining margins due to a 'tighter supply globally caused by 'the Middle...

Canada
May 5, 2026

Canada's Shopify tops quarterly revenue estimates

Shopify's quarterly revenue surpassed market expectations on Tuesday due to strong demand for its ecommerce services, even as retail businesses struggled with the impact of tariffs and...

China
May 5, 2026

MORNING BID AMERICAS-Gulf singe, AI binge

What's important in the U.S. and Global Markets Today By Mike Dolan. Editor-at-Large for Finance and Markets Gulf tensions flared up on Monday, as U.S. efforts to...

India
May 5, 2026

Indian shares fall, rupee falls to record low due to high oil prices

The rupee fell to a record low as the risk sentiment was impacted by high crude oil prices related to Middle East conflict. The Nifty 50 fell?0.36%...

United States
May 5, 2026

DuPont increases annual profit and sales forecasts due to price hikes

DuPont, a maker of industrial?materials, has raised its forecast for the 'adjusted profits and sales' after exceeding first-quarter estimates on Tuesday. This was due to price increases...

India
May 5, 2026

Gold recovers from a five-week low, but inflation worries persist

Gold prices rebounded from the five-week low of Monday's session on Tuesday, as oil prices declined, but Middle East tensions, inflation fears and persistent Middle East tensions...

United States
May 5, 2026

DuPont raises its 2026 sales and profit forecasts, as well as price increases.

DuPont, a maker of industrial materials, has raised its forecast for the annual 'adjusted profits and sales' after exceeding first-quarter earnings estimates on Tuesday. This was due...

United Kingdom
May 5, 2026

Farage's Reform focuses on Scotland and Wales as part of the battle for Britain

James Buchan has swallowed up his animosity towards Nigel Farage, a former Peterhead fisherman. The 38-year old's distrust for populist Reform UK leader, a Brexit campaigner, has...

China
May 5, 2026

Indonesian aluminium exports in March hit a 28-month high, as metals flow to US

Data from Indonesian Statistics Agency and Trade Data Monitor, an export-import data aggregator, show that Indonesian aluminium exports increased by more than a?double from the previous months?to...

Iraq
May 5, 2026

Iraq offers May-loading Crude at Deep Discounts for Loading inside Hormuz

Iraq offers Basrah May-loading 'crude' at steep discounts to term buyers who?load inside the Strait of Hormuz. This has been largely blocked ever since the iran conflict...

Singapore
May 5, 2026

Oil prices drop as investors are encouraged by positive earnings

The global stock market rose on Tuesday as investors took heart from a series of robust earnings. Meanwhile, simmering hostilities in the Strait of Hormuz between the...

Germany
May 5, 2026

Germany allocates five billion Euros to encourage heavy industry to reduce CO2

The German economy ministry announced on Tuesday that it would provide up to $5.85 billion this year to help major factories reduce their carbon emissions through the...

India
May 5, 2026

Sources say that Arcelor and Adani are among the firms that will be setting up treasury functions in India's GIFT City.

Three sources claim that Gautam Adani’s firm, Bharti Airtel (the telecom operator), Genpact, a U.S. based company, and ZF Friedrichshafen, the auto parts giant, are all setting...

South Asia
May 5, 2026

Gold recovers from a five-week low, but inflation worries cap gains

Gold prices rose on Tuesday after a five-week low was reached in the previous session. However, gains were modest as high crude oil prices kept inflation concerns...

Germany
May 5, 2026

As the Iran War disrupts supply chain, German companies abroad become more pessimistic

A survey on Tuesday showed that German companies operating abroad are more 'pessimistic' about their prospects. Nearly one-third of respondents expect economic conditions to worsen as the...

United States
May 5, 2026

Gold recovers from a five-week low, but inflation worries cap gains

Gold prices rose from the 'five-week low' they hit the previous day, but gains were modest as high crude oil prices kept inflation concerns alive and clouded...

Malaysia
May 5, 2026

Palm oil prices rise on Malaysian biodiesel optimism

The price of Malaysian palm oil futures rose for the second consecutive session on Tuesday as investors became more optimistic about Malaysia's plans to produce biodiesel. By...

Singapore
May 5, 2026

Oil prices remain high despite the US-Iran hostilities

The yen was also a focus for traders after it briefly jumped in the previous session, fueling speculation of another 'round' of intervention from Tokyo. The yen...

Colombia
May 5, 2026

Nine workers die in Colombia coal mine explosion

The national mining agency announced on Monday that a coal mine explosion had killed nine workers and injured six others in Colombia's Cundinamarca Province. This comes several...

Australia
May 5, 2026

Santos says gas tax proposal caused reputational damage to Australia

Santos' head said that Australia's reputation for being a stable destination for energy investments was damaged by the proposal to impose 25% tax on gas exports, even...

South Asia
May 5, 2026

Gold recovers from a five-week low, but inflation worries cap gains

Gold prices rose on Tuesday, but gains were modest as crude oil prices remained high and inflation fears remained alive. After a drop of more than 2%...

India
May 5, 2026

Indian shares fall, rupee falls to record low due to high oil prices

On Tuesday, Indian shares dropped and the rupee reached a new low as investors assessed March-quarter earnings. As of 9:56 a.m. IST, the?Nifty 50 index was down...

United States
May 5, 2026

What is freedom? What is freedom?

Rae Wee gives us a look at what the European and global markets will be like tomorrow. The operation "Project Freedom", led by U.S. president Donald Trump,...

United Arab Emirates
May 5, 2026

PMI: Growth in the UAE's non-oil private sectors slows down as Iran War weighs on it

A?survey on Tuesday showed that the UAE's private non-oil sector expanded at the slowest rate since February 2021, as the Iran War?hammered tourism and shipping, impacting sales...

India
May 5, 2026

Indian shares open lower due to rising oil prices; rupee falls to record low

Indian shares opened lower on Tuesday, as investors assessed March quarter corporate earnings and a rise in 'crude oil' prices due to the Middle East conflict. As...

Philippines
May 5, 2026

Philippine inflation at three-year high confirms rate hike path

Philippine annual inflation increased to a 3-year high in April as fuel prices surged?as a result of the Middle East conflict, raising the possibility of further policy...

South Asia
May 5, 2026

Gold recovers from a one-month low, but inflation worries cap gains

Gold prices increased on Tuesday after a session low of more than one month. However, gains were 'limited' by high oil prices, which kept inflation concerns alive...

Canada
May 4, 2026

Dominican Republic President halts GoldQuest mine project after protests

After thousands of protesters raised environmental concerns, President Luis Abinader ordered the suspension of all activities related to GoldQuest Mining’s gold and copper project. GoldQuest Canada is...

Singapore
May 4, 2026

Oil prices rise as US-Iran truce prospects dim

The stock market in Asia fell on Tuesday, while oil prices eased and remained above $100 per barrel. This is as the U.S. continues to work with...

Australia
May 4, 2026

Regis, a gold mining company in Australia, will take over Vault and create a $7.7 billion gold miner

Regis Resources will take over Vault Minerals, a smaller competitor in Australia. This merger is expected to create Australia's third largest listed gold producer with a market...

Switzerland
May 4, 2026

IAEA: drones damaged equipment at Zaporizhzhia Nuclear Plant in Ukraine

The International Atomic Energy Agency reported that a drone had 'damaged' the meteorological monitoring equipment in a Russian-owned Zaporizhzhia Nuclear Power Plant located in southeast Ukraine. In...

France
May 4, 2026

California investigates Trump administration's deal to cancel offshore Wind Lease

California's energy officials opened an investigation on Monday into the Trump Administration's agreement with an offshore wind company?to cancel a planned project?off its central coast. The state...

Thailand
May 4, 2026

IMF chief Georgieva warns a'much more worse outcome' is the Middle East war drags on into 2027

The head of the International Monetary Fund warned on Monday that inflation is already increasing and the global economy could suffer a "much more serious outcome" if...

United States
May 4, 2026

Oil prices rise, while stocks fall as Iran tightens its grip on the Strait of Hormuz

Oil prices rose 6% and stocks fell on Monday as Iran intensified its military campaign, attacking several ships in Strait of Hormuz?and?setting a UAE port of oil...

United States
May 4, 2026

Commissioner says EU countries can better target their measures to reduce energy prices

Valdis Dombrovskis, European Economic Commissar Valdis Dombrovskis said at a Monday press conference that the European Union could do a better job of targeting measures to reduce...

United States
May 4, 2026

US Justice Dept. sues Minnesota to block climate change lawsuit

The U.S. Justice Department has filed a lawsuit to block Minnesota's long-running lawsuit that seeks?to hold Exxon Mobil and other oil industry participants accountable?for the harms caused...

United States
May 4, 2026

Goldman warns that global oil reserves are approaching an eight-year low. The speed of depletion is a cause for concern

Goldman Sachs warned on Monday that global oil stocks were approaching their 'lowest level in 8 years.' The speed of depletion was a growing concern, as the...

Crude Oil
May 4, 2026

Gold drops 2% as Middle East fears support the dollar and keep inflation concerns in focus

Gold prices fell 2% on monday as tensions between the U.S. and Iran boosted dollar values. This also fueled inflation fears that kept interest rate expectations high....

Crude Oil
May 4, 2026

Oil prices rise, while stocks fall as Iran tightens its grip on the Strait of Hormuz

Oil prices rose by 5% Monday, and stocks dropped as 'Iran escalated their military campaign. Drones were used to strike a 'UAE oil port and a South...

Venezuela
May 4, 2026

Eni has restarted Venezuelan oil lifting as payment in kind for gas

Eni said on Monday that it would resume lifting Venezuelan crude in April as payment-in kind for gas produced?in Venezuela. The Italian energy group added?that?the move?would?allow?it to?recover?old...

Venezuela
May 4, 2026

US extends protection to Venezuelan-owned Citgo against creditors

According to a statement posted on the website of the U.S. Treasury Department on Monday, "the United States extended a license protecting Venezuelan-owned refiner Citgo Petroleum against...

Mineral Resources
May 4, 2026

Gold drops nearly 2%, as Middle East threats support the dollar and keep inflation concerns in focus

Gold prices fell by?nearly?2% on Monday, as increased tensions between the U.S. and Iran boosted dollar values and reinforced inflation fears that kept expectations for higher interest...

United States
May 4, 2026

US Justice Dept. Targets Minnesota over global greenhouse gas emission

On 'Monday, the U.S. Justice Department filed a lawsuit against Minnesota for its regulation of global greenhouse gas emissions. This is a part of a series of...