News

India’s Finance Ministry reports: India can push for more ambitious trade deals and diversified supply chains.

Market sources say Russia may increase seaborne crude oil exports in May as port capacity recovers and weather improves.

Russia's western port crude oil exports remained at 2.2 million barrels per day in April, the same as in March.

Deutsche Bank: Coca-Cola (KO.N) raised its target price to $88 from $86.

A British cabinet minister said the government continues to plan a variety of contingency plans to increase the flexibility of aviation fuel supply and has asked British refineries to maximize supply.

Ukrainian President Zelensky: Ukraine will continue to attack Russian oil (related facilities).

JP Morgan Chase raised its price target for General Motors (GM.N) to $98 from $97.

GE Healthcare: Applications for tax rebates have begun on the Customs and Border Protection portal, but the relevant performance guidance does not assume an IEEPA duty rebate.

Alibaba (09988.HK): will announce results for the March 2026 quarter and fiscal year 2026 on May 13, 2026.

OPEC funds launch a US$1.5 billion aid package to help countries cope with increasing economic pressure due to energy, commodities and trade disruptions.

European Commission: Companies can receive assistance of up to 50,000 euros.

European Commission: Energy-intensive industries that have benefited from other state aid programs can receive up to 70% compensation for their electricity bills.

European Commission: Under temporary rules, member states can provide up to 70% compensation for losses caused by rising fuel and fertilizer prices to agricultural, fishing and road transport companies.

The European Commission announced temporary state aid rules, valid until December 31, to help businesses affected by the war with Iran.

Spanish natural gas company Naturgy: Spanish data center development stalled by regulatory developments.

Spanish natural gas company Naturgy: We are focusing on small bolt-on acquisitions in the renewable energy sector.

Italy's non-EU trade balance in March was 5.64 billion euros, compared with the previous value of 5.53 billion euros.

Meta Platforms (META.O): will provide prepaid mobile phone recharge services to WhatsApp users in India.

The head of global financial markets at Spanish natural gas company Naturgy said additional natural gas purchases may enhance flexibility and selectivity.

Sberbank of Russia: The ruble is expected to be in the 80-90 range against the US dollar in the second half of the year.