China Dismisses Report Of Top Chipmaker Aiding Iranian Forces As "Fake News"

Manufacturing ISM Misses As Prices Surge Most Since April 2022, Employment Slides To Worst Print Of 2026 Amid the fog of war and fading 'hard' data, the final April S&P Global Manufacturing PMI printed 54.5, a small gain from the flash 54.0 print, and higher than the 52.3 February final print, although it came with a warning from Chris Williamson, Chief Business Economist at S&P Global Market Intelligence: “The surge in manufacturing activity in April is not the cause for cheer that at first glance it suggests. A key driving force behind...

Sweden Seizes Another Suspected Russian 'Dark Fleet' Tanker, Despite US Easing Sanctions Washington has eased sanctions on countries buying Russian oil in connection with the Iran war and Strait of Hormuz crisis, an easing welcomed by the Kremlin, but which has caused angst and anger among pro-Ukraine campaigners. The US waiver is active for a month, and applies to crude which has has been floating at sea and thus was unable to be sold. However, this hasn't stopped some European countries from moving against tankers without proper registration and flags. Illustrative file imagec Sweden,...

An Israeli airstrike targeted a residential building in Gaza City on Wednesday night, killing at least seven people, including three women and a child, as the IDF continues its constant violations of the US-backed ceasefire deal. The Palestinian Red Crescent Society told WAFA that the seven bodies and 18 wounded Palestinians were transferred to the […]