US lifts sanctions on Russian diesel after Trump-Putin call
Trump says Russia will ship diesel to the US and world markets, and Washington has eased sanctions to allow it. Zelensky calls it an investment in war.
United Kingdom Russia Ukraine United StatesGeopolitics
US sanctions the International Criminal Court as a whole
The US imposed sanctions on the entire International Criminal Court on Friday, hours after former ICC judge Navi Pillay won the Nobel Peace Prize. The court calls it an assault on the rule of law.
Netherlands United StatesGeopolitics
EU says China accepts deep cuts to hybrid car exports after Beijing talks
China has agreed to restrain hybrid car exports to the EU, trade commissioner Maroš Šefčovič said on Friday after two days of talks in Beijing. Brussels says shipments could fall by half or more within four years.
China Germany FranceEconomy
Bond selloff persists as Pimco warns of 6% Treasury yields
Pimco warns that US 10-year yields could reach 6%, while France has become the focus of euro-zone debt stress. The Wall Street Journal reports global yields turned lower on Friday.
France Italy United StatesEconomy
Navi Pillay wins Nobel Peace Prize, Israel denounces choice
The Norwegian Nobel Committee awarded the 2026 Peace Prize to South African jurist Navi Pillay on Friday. Israel condemned the decision.
Israel Norway United States South AfricaGeopolitics
Iran war fuel shock hits airlines and freight as UN cuts growth outlook
Delta Air Lines cut its profit forecast on Friday because jet fuel will cost it an extra $6bn this year. Tanker rates have also soared.
Germany United Kingdom Iran United StatesEconomy
SpaceX spectrum deal hits telecom stocks
SpaceX has bought US low-band spectrum for a Starlink mobile service, and Reuters reports that Deutsche Telekom shares fell 7%. US and European telecom stocks slid, and Bloomberg reports that Verizon and AT&T bonds weakened.
Germany United StatesTechnology
SoftBank seeks up to $100bn from Gulf investors for AI
SoftBank founder and chief executive Masayoshi Son has held talks with senior figures in the UAE in recent weeks, the Financial Times reports. According to the FT, as relayed by Reuters, the group is seeking up to $100bn from Gulf investors for its AI push.
United Arab Emirates JapanEconomy
Apple cuts iPhone 18 Pro orders on soft demand
Nikkei Asia reports in an exclusive that Apple has cut orders for the iPhone 18 Pro because of soft demand. Reuters relayed the report, while Handelsblatt asks whether Apple is throttling iPhone 18 production.
United StatesTechnology
Airtel Money slips below IPO price in London debut
Airtel Money debuted in London at a $7 billion valuation after the city's biggest IPO in five years; according to the Wall Street Journal the shares opened higher, and Reuters reports they slipped below the offer price. Bloomberg also reports that Ambani's Jio is said to have set a price band of 1,065 to 1,119 rupees for its record IPO.
United Kingdom IndiaEconomy
US moves to disrupt hacking infrastructure run by China's Integrity Tech Group
The United States announced an effort to disrupt hacking infrastructure run by China's Integrity Tech Group, according to Reuters. China's foreign ministry rejected the allegations, Global Times reports, and urged Washington to abandon double standards and political manipulation on cybersecurity.
China United StatesTechnology