News

Fed's Daley: It's crucial to get inflation down to 2%, but doing so at the expense of jobs will put households in trouble.

U.S. Trade Representative Greer: (on metal tariffs) We have been talking to auto companies.

Anthropic agreed a multiyear deal with CoreWeave to rent US data center capacity to meet rising AI demand and support its Claude models. The capacity will use multiple Nvidia chip architectures; financial terms were undisclosed. Anthropic, alongside OpenAI, has faced outages amid “unprecedented demand” and is expanding compute, including a $50 billion US data center commitment. Valued at $380 billion, it recently raised $30 billion. It also partnered with Broadcom and Alphabet’s Google for 3.5 gigawatts of power.

U.S. Trade Representative Greer: We are seeing the results of manufacturing policies.

India's 10-year government bond yield fell 6 basis points to 6.91%.

According to shipping intelligence company Kpler: OPEC+ production in March fell by 20.5% from a record in February. This represents a month-on-month decrease of approximately 9 million barrels per day.

After the G7 summit, French President Macron invited US President Trump to the Palace of Versailles in June.

Spokesperson of the German Ministry of Economy: (On oil supply issues) There is no shortage, and some of the oil reserves that have been used have not even been used.

British Prime Minister Starmer: The Strait of Hormuz must remain open without restrictions or fees. We are working with more than 30 countries to restore navigation in the Strait of Hormuz. Europe must act more decisively to protect navigation in the Strait of Hormuz.

European Commission Spokesperson: European Commission President von der Leyen and NATO Secretary-General Mark Rutte are expected to discuss US President Trump's visit.

European Commission Spokesperson: European Commission President von der Leyen will meet with NATO Secretary-General Rutte and NATO Supreme Allied Commander Europe Grybkovic respectively next week.

The Indian government: Will shut down 10,000 megawatts of coal-fired power generation installed capacity in July for maintenance.

British Prime Minister Starmer: Discussions with US President Trump on the Strait of Hormuz involve military capabilities and logistics for ships passing through the strait.

Indian government officials: India’s peak power demand is expected to reach 271 gigawatts.

Affected by the news, Ukrainian negotiators believed that progress had been made in reaching an agreement with Russia. Affected by this news, European defense stocks fell, with Rheinmetall's stock price falling 6.6% and Leonardo's stock price falling 5.5%.

Indian government official: India has purchased energy from Russia and the United States.

Russian Deputy Prime Minister Novak: Russia's liquid hydrocarbon production is expected to reach approximately 515 million tons by 2026.

Russian Deputy Prime Minister Novak: The government is considering increasing fuel supply to the domestic market.

According to the Financial Times: European airports will face "systemic" aviation fuel shortages if the Strait of Hormuz is not fully reopened within three weeks, the European Airports Association has warned.

Indian government official: An agreement to supply fuel to Mauritius is being finalized.