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Quirino Mealha

Business

New filing shields Trump and his family from IRS tax audits

The US Department of Justice has released an additional filing linked to the Trump-IRS settlement, preventing the federal agency from pursuing existing tax audits involving the US president, his family and affiliated businesses.

Markets

Goldman Sachs reportedly selected to lead SpaceX IPO this year

Goldman Sachs has reportedly secured the leading underwriting role for SpaceX’s expected stock market debut this year in a move that paves the way for the largest IPO in history.

Business

PlayStation Plus price hikes spark backlash from gamers

Sony is increasing the price of PlayStation Plus memberships in several markets. The decision has prompted criticism from players who argue that subscription gaming is becoming increasingly expensive.

Business

Ryanair profits surge 40% to record €2.26 billion despite fuel crisis

Europe’s largest low-cost airline posted record annual profits as rising fares and sustained travel demand helped offset aircraft delivery delays and mounting uncertainty in global fuel markets due to the Iran war.

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Business

How Dropbox makes remote jobs work as more firms return to the office

Dropbox says its fully remote model has strengthened recruitment, improved retention and supported financial performance, even as many employers tighten office attendance policies introduced after the COVID-19 pandemic.

Markets

Stock trades reveal Trump made massive gains on Big Tech bets

A newly released ethics filing has revealed that US President Donald Trump made over 3,600 stock trades during the first quarter of 2026 with a value of between $220 million (€188mn) and $750 million (€641mn).

Economy

US 30-year bond yield tops 5% for the first time since 2007

The US Treasury sold 30-year bonds at a yield above 5% for the first time since 2007 on Wednesday, highlighting mounting investor unease just as the Senate confirmed Kevin Warsh as the next chair of the Federal Reserve.

Business

Xi Jinping vows to 'open door wider' to US firms during Trump visit

Chinese President Xi Jinping used US President Donald Trump's visit to Beijing to reassure American business leaders that China remains committed to further opening its economy to foreign investment.

Economy

Two-thirds of Europe's LNG imports to come from the US this year

Europe is expected to source almost two-thirds of its liquefied natural gas imports from the US in 2026, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

Business

Musk and Cook join Trump on China visit to talk trade and AI

A high-level delegation of business executives is travelling to China with US President Donald Trump on Wednesday, with the inclusion of Jensen Huang underscoring how AI chip exports and advanced technology trade are likely to be central to discussions between the two nations.

Economy

Trump in Beijing: How do the US and China compare as superpowers?

US President Donald Trump's visit to China this week comes as the rivalry between the world's two largest economies is increasingly shaped by economic competition, technological leadership and global influence.

Economy

US Treasury enlists banks to target Iranian money laundering schemes

The US Treasury has directed banks to intensify their monitoring of Iranian money laundering networks that enable funds from sanctioned oil. The move is part of the wider strategy to pressure Iran into a deal as negotiations stall.

Economy

Potato futures soar 700% in less than a month on Iran war speculation

Potato-linked financial contracts have risen over 700% in a few weeks, despite a current oversupply in Europe, due to speculative trading surrounding the volatile environment caused by the Iran war.

Economy

Oil tanker arrives in South Korea after leaving the Strait of Hormuz

A Malta-flagged tanker, carrying one million barrels of crude oil, has successfully reached the western coast of South Korea after passing through the Strait of Hormuz in mid-April.

Markets

How UK 30-year bonds reached the highest yield this century

Investors are demanding significantly higher returns to hold British debt as 30-year gilt yields reached levels not seen since 1998 this week. The surge represents a major challenge for the UK Treasury but why did it happen and what does it mean exactly?

Business

Lufthansa hits record revenue as Iran war fuel costs eat into profits

The German airline group posted its highest-ever revenue in 2025 and improved its first-quarter results, but soaring jet fuel costs linked to the Iran war are forcing route cuts and pushing annual profit below initial forecasts.

Markets

Resilience amid ruins: Markets at record highs despite Iran war

Global indices in the US, Japan and South Korea have reached all-time highs despite the economic fallout from the ongoing Iran war. Investors are clearly looking past immediate geopolitical risks but what is driving the rally?

Business

HSBC profits dip while UniCredit's rise in latest earnings reports

HSBC reported a slight contraction in profits while Italy's UniCredit surpassed market expectations as banking institutions navigate a complex landscape defined by geopolitical tensions.

Business

Anthropic reportedly in talks to secure UK-based Fractile AI chips

Anthropic is reportedly in discussions to procure high-performance AI chips from Fractile, a London-based start-up. The agreement aims to diversify the hardware supply chain of the Claude creator, namely away from Nvidia.

Business

GameStop launches $56 billion takeover bid for e-commerce giant eBay

The gaming retailer GameStop has launched a surprise $56 billion (€47.8bn) bid to acquire the online marketplace eBay, marking a potential aggressive expansion into global e-commerce.

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