Latest headlines from around the world.

More Americans are buying groceries using buy now, pay later: Survey
Nearly a third of buy now, pay later users have used the loans for groceries — double the share from two years ago.

After delay, DGFT authorises 17 banks to import bullion for 3 years

Iran declares Strait of Hormuz open for duration of ceasefire, oil prices plunge
Oil prices plunged by about nine per cent on Friday, extending previous losses, after Iran's foreign minister announced that the Strait of Hormuz is open to commercial traffic.
‘It’s the vibe’: Court brawl hinges on alleged industrial-scale data hack
Was it industrial espionage on a massive scale, or is an Australian property data giant just hiding behind a case inspired by ‘The Castle’ in this bruising legal battle?

Cyprus hopes EU summit can do what travel ads can’t: Bring tourists back
The island’s biggest industry has taken a hit from the war in Iran — now Nicosia is betting a parade of EU leaders can help revive it.

The Fossil Fuel System Is Collapsing – and Taking Civilisation’s Safety Net With It
The Iran war is accelerating an irreversible breakdown of a system on which every hospital, harvest and factory depends - and only a rapid transition to energy superabundance can save us, argues Na...

Carney aims to secure $1 trillion in investment with global summit in Toronto
The Prime Minister's Office says the aim of the summit is to unleash $1 trillion in investment over the next five years to advance nation-building projects.
‘It’s the vibe’: Court brawl hinges on alleged industrial-scale data hack
Was it industrial espionage on a massive scale, or is an Australian property data giant just hiding behind a case inspired by ‘The Castle’ in this bruising legal battle?

40 Years of Sensex: What It Means to India and Its People

European airlines could run out of jet fuel 'in six weeks'

Democrats’ fundraising dominates key midterm races: What we learned from the latest campaign filings
First-quarter campaign fundraising reports released this week offer new insights on midterm dynamics with the fight for control of Congress in full swing. Democrats boasted massive hauls in high-st...

Economists Slam Reform UK’s ‘Fantasy’ Claims That ‘Boriswave’ Migrants Will Cost Households £20,000
“Reform have simply invented their own numbers..." say experts
PM joins leaders meeting on securing Strait of Hormuz
Anthony Albanese has joined a virtual meeting of world leaders to discuss how the Strait of Hormuz can be secured after the conflict in the Middle East ends.

How Indian economy slid to 6th-largest in the world, with Japan, UK overtaking

Bernie Sanders, labor leaders warn of AI risks for workers
Sen. Bernie Sanders (I-Vt.) and the leaders of several major labor unions warned Thursday about the risks AI poses to workers amid concerns about the technology’s ability to replace jobs. Sanders,...

Co-signing your kids’ mortgage? Here’s why that’s a risky idea
Co‑signing is more common among first‑time buyers who are younger and who have lower credit scores and lower incomes, the Bank of Canada said.

US jury rules Live Nation is illegal monopoly
A federal jury in New York finds for the plaintiffs in an antitrust lawsuit against concert giant Live Nation, which owns Ticketmaster. We take a closer look. But first: the IMF warns on mounting p...

When will the Hormuz recession hit?
Our buffer is running out
Trump’s oil gamble could blow up in his face
The world is flocking to the US for oil with the Strait of Hormuz closed. This could turn into a major problem for the president.

Govt should nominate members to Tata Trusts, say some trustees

More businesses are closing than opening in Canada, report finds
Canada’s 'entrepreneurial drought' began in early 2024, with the gap between openings and closures reaching a new high in the last quarter of 2025, a new report says.

Watch live: US trade rep testifies before House on White House budget after tariff blow
U.S. Trade Representative Jamieson Greer will testify before the House Appropriations Committee on Thursday morning to discuss President Trump’s fiscal 2027 budget request. Trump is seeking to boos...

Iran crisis shoves Europe’s economic woes off summit agenda
War in Middle East will upend leaders' plans to talk about the bloc's economy and budget next week.

The British Tax Havens Shielding Big Oil’s Iran War Windfall
As Shell and BP prepare to pocket billions from Trump's war in Iran, a Byline Times investigation reveals how British jurisdictions are quietly doing the work of protecting them
Trump’s oil gamble could blow up in his face
The world is flocking to the US for oil with the Strait of Hormuz closed. This could turn into a major problem for the president.

On the cards: Smoother input supply & duty cuts amid war

Energy industry losing confidence new pipeline will be deemed a national priority: Survey
'Start building, or better yet just get out of the way of industry. We need to see clear and concise direction from the feds that will support new projects and expedite them.'

Average 2026 tax refunds up, but well below Trump’s expectations
Tax refunds for 2026 may be higher, but they are falling well below President Trump’s expectations after his “One Big Beautiful Bill” was signed into law last year, ensuring new tax breaks for Amer...

US urges IMF, World Bank to abandon climate finance goals
The climate-denialist Trump administration is pushing the World Bank and International Monetary Fund to stop focusing on clean energy development projects. We take a closer look. But first: Russia...
Refinery boss moves to calm fuel crunch fears after major fire
The Geelong refinery has restored 80 per cent of overall production and is nearing full capacity in its crucial diesel and jet fuel units.

Wipro clears share buyback of Rs 15K cr at 19% premium

Doug Ford nixes idea of grocery surveillance pricing ban in Ontario
Ontario Premier Doug Ford is nixing the idea of banning so-called surveillance pricing on groceries, as Manitoba has proposed.

Jury finds Live Nation, Ticketmaster holds an illegal monopoly
A Manhattan federal jury on Wednesday found Live Nation, the parent company of Ticketmaster, holds an illegal monopoly in the live entertainment industry and violated antitrust laws. The decision c...

Hedge funds think they can make a killing on Trump tariff refunds
Financiers in London, New York and beyond eye big paydays as cash-strapped firms sell refunds at a discount.