German record label BMG agrees to buy Nashville-based Concord, forming one of the world's largest music companies.

World Bank projects 31% jump in fertilizer prices in 2026

The World Bank projects fertilizer prices will rise by 31 percent in 2026.

U.S. crude oil prices surpass $100 per barrel as Iran peace talks stall and the United Arab Emirates announces its departure from OPEC.

U.S. crude oil prices have exceeded $100 per barrel following stalled peace negotiations with Iran and the United Arab Emirates' announcement of its withdrawal from OPEC.

Brazil inflation rose less than expected in early April. Food and fuel costs, tied to the war in Iran, pushed prices higher but less than forecast.

Brazil’s inflation rose less than expected in early April, driven by higher food and fuel costs stemming from the war in Iran.

Ship transits through the Strait of Hormuz drop to 35 last week, down from 78, as regional blockades and attacks persist. Markets currently estimate a 49% probability of traffic normalizing before July.

Ship transits through the Strait of Hormuz fell to 35 last week, down from 78, amid ongoing regional blockades and attacks. Market analysts estimate a 49% probability that traffic levels will normalize before July.