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Ryanair to shut Thessaloniki base in Greece due to high fees, says senior executive

Ryanair to shut Thessaloniki base in Greece due to high fees, says senior executive

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China’s Energy Imports Plunge as War Chokes Hormuz Shipments

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(Bloomberg) — Chinese energy imports fell sharply in April, as the near-halt to shipments through the Strait of Hormuz choked a vital channel for crude oil and natural gas. Read More

Boeing probing worker death as union calls for accountability

Boeing probing worker death as union calls for accountability

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Trump Punts Thorniest Iran Challenges in Push to Reopen Hormuz

Trump Punts Thorniest Iran Challenges in Push to Reopen Hormuz

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(Bloomberg) — President Donald Trump has changed his approach as he tries to end the war against Iran: reopen the Strait of Hormuz at all costs and leave thorny negotiations on Tehran’s nuclear and ballistic missile programs until later. Read More

Fed approves Columbia Financial stock conversion and Northfield deal

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Backblaze to Participate in Fireside Chat at the 21st Annual Needham Technology, Media, & Consumer Conference

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SAN FRANCISCO — Backblaze, Inc. (Nasdaq: BLZE), the high-performance cloud storage platform for the AI era, today announced participation in the following investor conference: Read More

Corona Hosts Millions for the World’s Biggest Beach Concert, Todo Mundo No Rio, Headlined by Shakira

Corona Hosts Millions for the World’s Biggest Beach Concert, Todo Mundo No Rio, Headlined by Shakira

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At the iconic Copacabana beach in Rio de Janeiro, 2 million attendees experienced what “This is Living” represents with one-of-a-kind experiences, Rio-inspired merchandise, limited edition Corona bottles and one unforgettable performance Read More

US Expects Iranian Response Friday Amid Clashes in Hormuz

US Expects Iranian Response Friday Amid Clashes in Hormuz

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(Bloomberg) — The US said it expects Iran to respond to its latest proposal to end their war imminently, as clashes in the Strait of Hormuz threatened to further fracture a monthlong ceasefire. Read More

Venezuela’s Faulty Power Grid Risks Derailing Economic Comeback

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(Bloomberg) — Venezuela announced emergency measures to stabilize its power grid after electricity consumption hit a nine-year high this week, reviving memories of blackouts and rationing that once crippled the economy. Read More

Intel shares surge on report of Apple chip manufacturing deal

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US Weekly Highlight

Monday May 04:
Factory Orders – Mar

Tuesday May 05:
Trade Balance – Mar
Services PMI – Apr
ISM Non-Manufacturing PMI – Apr
New Home Sales – Mar

Friday May 08:
Unemployment Rate – Apr
Nonfarm Payrolls – Apr

Canada Weekly Highlight

Tuesday May 05:
Trade Balance – Mar
Services PMI – Apr

Wednesday May 06:
Ivey PMI – Apr

Friday May 08:
Unemployment Rate – Apr
Employment Change – Apr

Rest of the world Weekly Highlight

Wednesday May 06:
UK – Services PMI – Apr
EU – Services PMI – Apr

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