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DCC rejects £5bn takeover bid from KKR and Energy Capital

FTSE 100 group says bid ‘fundamentally undervalues’ its business

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European stocks and government bonds fall as oil price surges

Energy shock intensifies fears that global economy faces prolonged period of higher inflation

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Lazard to buy private capital advisory group in $575mn deal

Acquisition comes as private capital groups push into increasingly complicated transactions requiring advisory

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Emerging market stocks hit record high as Asian chipmakers surge

Rally for TSMC, Samsung and SK Hynix powers EM stock index’s rebound from Iran war losses

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Total profits jump 29% as war drives oil price surge and trading gains

French oil major manages to increase production outside Gulf, offsetting shutdowns caused by the conflict

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Polymarket denies data breach, says hacker is selling public data

The apparent hacker claimed to have breached other prediction markets and planned to release the data in the next few days.

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Spain April preliminary CPI +3.2% vs +3.4% y/y expected

Prior +3.4% HICP +3.5% vs +3.5% y/y expected Prior +3.4% There is a little bit of good news here as Spanish headline annual inflation comes in softer than estimated. That being said, the EU-harmonised reading did reflect a jump to 3.5% from 3.4% in the month before. So, one can argue that it is a…

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What are the main events for today?

EUROPEAN SESSION In the European session, we don't have much on the agenda other than a couple of low tier releases like the Spanish retail sales or Italian industrial production that are not going to change anything for the ECB. The focus remains on US-Iran headlines as the current stalemate is pushing oil prices…

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Acting AG Todd Blanche confirms ‘code is not a crime’ in DOJ pivot

Acting US Attorney General Todd Blanche said developers will no longer be investigated or charged unless they knowingly help third parties commit crimes.

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Classover Stock Surges Over 20% After Hours After: What Is Going On?

Classover stock jumps after-hours after TIME names it a top EdTech company, highlighting its AI and robotics expansion. Importance Rank:  1 read more

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