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Major defense, tech event SAHA Istanbul to launch with record-setting defense industry showcase

Event to feature more than 200 new product launches, with Turkish defense firms including Baykar, Aselsan, Roketsan showcasing their latest technologies04 May 2026

EU warns airlines, member states to prepare for all scenarios as jet fuel crisis remains uncertain

Commission says it has ‘full situational awareness’ on fuel stocks, plans guidance for airlines this week 04 May 2026

German auto industry confidence plunges in May amid Middle East tensions, US tariff threats

Ifo index shows sharp deterioration as expectations weaken and supply risks intensify04 May 2026

Brent crude nears $115 as Hormuz tensions intensify after reported strike on US Navy vessel

Oil prices surge over 5.5% following reports of missile strike near Jask and escalating Iran-US naval tensions04 May 2026

GameStop offers nearly $55.5B to acquire eBay

US video game retailer offers $125 per share in cash and stock, nearly 20% above eBay’s closing price04 May 2026

Hormuz ship traffic remains limited as only 9 vessels went through passage in last 24 hours

Ship-tracking data shows 6 vessels moving east to west and 3 west to east near Strait of Hormuz04 May 2026

Dubai Airports scaling up operations after UAE airspace fully restored: CEO

Dubai airports handled over 6M passengers, 32,000 flights, 213,000 tons of cargo since late February04 May 2026

Eurozone inflation expected to jump this year but return to near ECB target in 2027: Survey

European Central Bank survey sees inflation averaging 2.7% in 2026, before easing to 2.1% next year04 May 2026

Swiss fuel shortage risk ‘very high,’ trading expert warns amid tightening energy markets

‘The situation is really getting complicated,’ Suissenegoce secretary-general says04 May 2026

Brent crude tops $110 as Hormuz security risks deepen supply fears

Reports of attack on tanker, US plan to guide ships through key waterway raise concerns over global oil, shipping flows04 May 2026

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Major defense, tech event SAHA Istanbul to launch with record-setting defense industry showcase

Event to feature more than 200 new product launches, with Turkish defense firms including Baykar, Aselsan, Roketsan showcasing their latest technologies04 May 2026

EU warns airlines, member states to prepare for all scenarios as jet fuel crisis remains uncertain

Commission says it has ‘full situational awareness’ on fuel stocks, plans guidance for airlines this week 04 May 2026

German auto industry confidence plunges in May amid Middle East tensions, US tariff threats

Ifo index shows sharp deterioration as expectations weaken and supply risks intensify04 May 2026

Brent crude nears $115 as Hormuz tensions intensify after reported strike on US Navy vessel

Oil prices surge over 5.5% following reports of missile strike near Jask and escalating Iran-US naval tensions04 May 2026

GameStop offers nearly $55.5B to acquire eBay

US video game retailer offers $125 per share in cash and stock, nearly 20% above eBay’s closing price04 May 2026

Hormuz ship traffic remains limited as only 9 vessels went through passage in last 24 hours

Ship-tracking data shows 6 vessels moving east to west and 3 west to east near Strait of Hormuz04 May 2026

Dubai Airports scaling up operations after UAE airspace fully restored: CEO

Dubai airports handled over 6M passengers, 32,000 flights, 213,000 tons of cargo since late February04 May 2026

Eurozone inflation expected to jump this year but return to near ECB target in 2027: Survey

European Central Bank survey sees inflation averaging 2.7% in 2026, before easing to 2.1% next year04 May 2026

Swiss fuel shortage risk ‘very high,’ trading expert warns amid tightening energy markets

‘The situation is really getting complicated,’ Suissenegoce secretary-general says04 May 2026

Brent crude tops $110 as Hormuz security risks deepen supply fears

Reports of attack on tanker, US plan to guide ships through key waterway raise concerns over global oil, shipping flows04 May 2026

Economy

Economy

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Oil prices plunge as hopes for US-Iran deal ease supply fears

Gold climbs over 3% on hopes of easing Strait of Hormuz tensions

Eurozone services sector contracts sharply in April, PMI hits 62-month low

Global markets see risk appetite rebounding amid optimism over Middle East peace

US gasoline prices climb above $4.50 as Iran war fuels supply crunch

Google, Microsoft, xAI to give US early access to AI models for security testing