“Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective blockade will allow the Hormuz Strait to be open to all, including Iran,” United States (US) President Donald Trump said…
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Commerzbank’s Antje Praefcke expects Norges Bank to keep rates at 4.0% but maintain a distinctly hawkish tone compared with the Riksbank. With Norwegian inflation above target, the bank projects one or two hikes by year-end and may act in June if Iran-related risks persist. This backdrop favours a gradual EUR/NOK decline and a sustained NOK/SEK break above parity.Hawkish hold underpins Norwegian Krone outlook”Much like the Riksbank, it will likely sit on the sidelines in May…
Silver price (XAG/USD) rises after two days of losses, trading around $75.20 per troy ounce…
For billionaire Ken Griffin, being targeted by New York Mayor Zohran Mamdani is “triggering the…
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Greg Brockman’s second day of testimony revealed many insights into Elon Musk’s interactions with OpenAI’s founders. Loading audio narration… Brockman, OpenAI’s president, returned to the witness stand on Tuesday, seeking to add “context” to journal entries about how it would be “morally bankrupt” to “steal” the OpenAI nonprofit from Musk.Musk…
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Chevron CEO Mike Wirth on Monday said that shortages in the oil supply chain will start appearing around the world because of the closure of the Strait of Hormuz amid the Iran war. Wirth made the comments during a discussion at the Milken Institute’s Global Conference about global economic growth…
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Two more senior staffers left OpenAI in recent days, including its head of private equity, who was hired by Google. Loading audio narration… Paul Zimmerman said he now leads Google’s efforts to sell its AI to PE firms and their portfolio companies. He’d worked at OpenAI for just over a…
