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Category: Top Stories

Traders are doubtful Cohen’s GameStop can pull off monster eBay acquisition

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Traders on Kalshi and Polymarket give the company just a 25% and 15% chance, respectively, of successfully buying the online marketplace.

Markets on edge as fresh U.S.-Iran attacks dent optimism over a peace deal

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The U.S.’ bid to re-open the Strait of Hormuz, dubbed “Project Freedom,” was nicknamed “Project Deadlock” by Iran.

Maersk says ship passed through Strait of Hormuz under U.S. military protection

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It comes as the U.S. Navy seeks to deliver on President Donald Trump’s “Project Freedom” initiative.

India’s Modi tightens political grip with historic state victory — but can it usher in reforms and draw investors?

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The victory of Indian Prime Minister Narendra Modi’s political party in state polls dispels worries about his waning popularity, analysts said.

UniCredit CEO says taking control of Commerzbank ‘not the expected scenario’

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The Italian lender is making a takeover bid for German rival Commerzbank, despite pushback in Germany.

American pilots union chief says United CEO’s merger idea showed ‘bold vision’

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United said last month it had ended its pursuit of a merger with American after the rival carrier declined to engage following an initial approach.

Australia central bank raises rates to highest since 2024 as inflation stays elevated

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Inflation had picked up materially in the second half of 2025, and the conflict in the Middle East had resulted in sharply higher fuel and commodity prices.

HSBC first-quarter pre-tax profit misses estimates on wider-than-expected credit losses

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Europe’s largest lender HSBC on Tuesday reported first-quarter pre-tax profit of $9.4 billion, marginally missing analysts’ estimates.

Oil slides as traders assess Middle East developments with Iran attacks keeping markets jittery

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Oil prices declined on Tuesday, retreating from sharp gains in the previous session.

Stock futures are little changed as Wall Street eyes latest developments in Middle East and oil prices: Live updates

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All three major averages slipped on Monday as tensions in the Middle East threatened the staying power of a tenuous ceasefire between the U.S. and Iran.

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