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Turkey's NATO role rises
Bloomberg reports that Turkey's role in NATO is increasing as Europe reduces reliance on the US.
Iran, US Reach Initial Deal on Frozen Assets
Iran and US reach initial deal on frozen assets, agreeing to release $3 billion in Doha talks.
US-Iran talks positively assessed
US-Iran talks positively assessed in Qatar. Steve Witkoff and Jared Kushner held productive meeting in Doha.
Europe Record: 1 in 10 New Cars is Chinese-Made
Chinese car brands achieve record market share in Europe. In May 2026, one in ten new cars sold was Chinese-made.
Finland unemployment hits 26-year high at 10.8%
Finland's unemployment rate reached 10.8% in May, a 26-year record high. It is the highest unemployment in Europe.
WhatsApp appoints new global head
WhatsApp appoints Kunal Shah as new global head. Meta buys 20% stake in CRED for $900 million.
Most Competitive Economies: Singapore Leads
Switzerland lost its top spot in competitiveness ranking; Singapore leads. Details on IMD report and shifts.
UK Government Split Over Defense Budget
UK ministers demand higher defense spending amid geopolitical tensions, while PM Starmer remains cautious about budget increases.
Australia's richest woman invests $1 billion in SpaceX
Gina Rinehart, Australia's richest woman, invests over $1 billion in SpaceX, boosting Elon Musk's path to becoming the first trillionaire.
US-Iran deal weakens dollar
US-Iran deal weakens dollar. Falling oil prices and improved investor mood affect the currency, but limited decline expected.
Swiss reject population cap in referendum
Switzerland rejects population cap proposal in referendum, with 55% of voters opposing the limit. Read more on Bond.az.
US-Iran talks to be held in Switzerland
Direct talks between the US and Iran are set to take place in Switzerland next week. Latest updates on high-level meeting and potential deal.
US company halts largest fuel export to Cuba since 1960
US company Vanguard Energy cancels 250,000 barrel fuel export to Cuba due to sanctions, halting the largest shipment since 1960.
US Company to Send 250,000 Barrels of Fuel to Cuba
US company Vanguard Energy is preparing to send 250,000 barrels of diesel and gasoline to Cuba, potentially the largest fuel shipment since 1960.
Bulgaria Halts Arms Supplies to Ukraine
Bulgaria's new government decides to stop arms supplies to Ukraine. Defense Minister Stoyanov says Ukraine needs people more than weapons.
FIFA allows plastic water bottles at 2026 World Cup stadiums
FIFA allows plastic water bottles at 2026 World Cup stadiums. Learn about the new rules and regulations for fans.
Iran Allows IAEA Access Only to Bushehr Nuclear Plant
Iran allows IAEA inspectors access only to Bushehr nuclear plant, denying other nuclear sites. Concerns over enriched uranium stockpiles.
UK and France Plan to Clear Mines from Strait of Hormuz
UK and France plan a multinational operation to clear mines from the Strait of Hormuz after the US-Iran agreement to resume shipping.
TikTok founder becomes Asia's second richest
TikTok founder Zhang Yiming overtakes Mukesh Ambani to become Asia's second richest person, with a net worth of $92.8 billion.
Global economy faces worst crisis in 40 years
If Middle East conflict lasts until 2027, global economy could face worst crisis in 40 years – OECD forecast via Bloomberg.
Rubio: No bonus for Iran deal
U.S. Secretary of State Marco Rubio says no bonus or goodwill gestures for Iran deal. Read more.
Vucic: Protectionism Is Destroying Europe
Serbian President Aleksandar Vucic warns that protectionism is driving Europe towards economic collapse. He deepens ties with China and aims for EU membership.
JMP Securities Initiates Microsoft with Outperform on AI Strategy
JMP Securities initiates Microsoft with Market Outperform rating and $550 target on AI strategy. Revenue growth expected to reach 17% in FY2026.
US Green Card Rules Updated
US Green Card rules updated: relief for highly skilled immigrants.
EU May Raise Russian Oil Price Cap
EU considers freezing Russian oil price cap as oil prices rise due to Middle East conflict. Current cap at $44.10 per barrel.
EU May Freeze Russian Oil Price Cap Amid Mideast Conflict
The European Union may freeze its price cap on Russian oil due to the Middle East conflict. The current cap is $44.10 per barrel, with alternatives including a $60 G7-aligned limit.
EU considers freezing Russian oil price cap
The EU is debating freezing its Russian oil price cap amid rising crude prices from the Middle East war. A decision is expected in June.
New AI Winners: Beyond Chipmakers
Investors look beyond chipmakers for the next wave of AI winners in Asia, targeting suppliers, energy, and robotics companies.
Pizza Hut Sale: Yum! in Talks with LongRange
Yum! Brands is in exclusive talks to sell Pizza Hut to LongRange Capital, as per Bloomberg. A deal could be finalized within weeks.
NATO responds to US defense chief's criticism
Admiral Giuseppe Cavo Dragone, Chairman of NATO's Military Committee, responds to US defense chief's criticism. Defense spending and NATO development plan discussed.
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