EU member states reject French proposal to overhaul trade agreement with the United States. The move signals continued support for the current framework despite pressure from Paris.

EU top court upholds annulment of Lufthansa state aid approval. The ruling confirms the invalidation of the European Commission's decision regarding pandemic-era financial support for the airline.

The European Union's top court has upheld the annulment of the European Commission's approval of state aid granted to Lufthansa during the COVID-19 pandemic.

BREAKING: Norway's sovereign wealth fund reports a $136 billion loss for the first quarter, citing a significant decline in the value of its US technology stock holdings. #Norway #Finance

Norway's sovereign wealth fund reported a $136 billion loss in the first quarter, primarily driven by declining share values in US technology companies.

UPDATE: Money markets fully price in two European Central Bank rate hikes and a 50% chance of a third tightening move by December. The projections reflect shifting expectations for eurozone monetary policy through the end of the year.

Money markets have fully priced in two European Central Bank interest rate hikes, with a 50% probability of a third tightening move by December.

Panama Canal traffic surges as Middle East conflict forces LNG shippers to pay $4 million premiums to bypass transit queues. The surge in demand follows ongoing disruptions in the Strait of Hormuz.

Increased demand for cargo transit through the Panama Canal, driven by the conflict in the Middle East, has led one LNG vessel to pay $4 million to bypass wait times.