Trump threatens Iran with AI picture of himself with a gun: ‘No more Mr. Nice guy!’
Oil prices continued to rise on Wednesday after U.S. President Donald Trump appeared to threaten Iran in a TruthSocial post.
S&P 500 futures edge higher as Wall Street looks ahead to ‘Mag 7’ earnings and Fed decision: Live updates
On Tuesday, the S&P 500 and Nasdaq Composite slipped from the the records they notched a day earlier.
Will rates go higher in Europe this week? Central banks confront stagflation threat
The European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this month.
Finland’s Kone to buy German rival TK Elevator in blockbuster $34.4 billion deal
The combination would create the world’s largest elevator maker and marks one of Europe’s biggest takeovers in recent years.
Major data center company pauses investment decisions in Middle East amid Iran war, CEO tells CNBC
Regional uncertainty hangs over the previously booming AI infrastructure and data center sector in the region.
European stocks to open lower as UAE OPEC exit complicates oil supply outlook
European stocks are expected to open broadly lower on Wednesday as investors react to the latest upset for OPEC and renewed concerns over the AI sector.
UBS profits rocket 80% to $3 billion for first quarter beat
UBS reported its first quarter earnings on Wednesday, with net profits beating analyst estimates.
The UAE’s shock OPEC exit is not without precedence. Who could be next?
The United Arab Emirates’ decision to leave OPEC is reverberating across global energy markets, sparking the question of who else could follow.
U.S. warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil
The alert said China purchases approximately 90% of Iran’s oil exports, with teapot refineries accounting for the majority of these imports.
Australia reports lower-than-expected first-quarter inflation — but price rise highest in 2 years
The first-quarter inflation figure was lower than the 4.2% expected by economists polled by Reuters.