Month: May 2026
The jet fuel crisis is ‘a slow motion car crash’, says Kpler’s Matt Smith
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Matt Smith, Kpler director of commodity research, joins ‘Squawk Box’ to discuss the state of energy prices, impact of rising jet fuel costs on travel, whether the shortage in jet fuel will lead to more flight cancellations, and more. Source
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Stocks making the biggest moves premarket: Palantir Technologies, PayPal, Intel, Anheuser-Busch InBev & more
Check out the companies making headlines before the bell: PayPal — Shares gained nearly 3% after PayPal reported first quarter earnings of $1.34 per share, on an adjusted basis, on revenues of $8.35 billion. Analysts polled by LSEG had expected per-share earnings of $1.27 on revenues of $8.05 billion. Anheuser-Busch InBev — The Budweiser parent […]
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Milken-adjacent Power100 attendees aim to reclaim the DEI in finance narrative
CEO Jacob Walthour, Kourtney Gibson and The 49th Vice President of the United States, Kamala Harris onstage at the 2026 Power100 Honoree Dinner at Beverly Wilshire, A Four Seasons Hotel on May 3, 2026 in Beverly Hills, California. Arnold Turner | Getty Images The Power100 gathering on the sidelines of the Milken Institute Global Conference […]
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Major health insurers show signs of recovery – but a key test looms
Piotr Swat | SOPA Images | Lightrocket | Getty Images Major health insurers appear to be off to an encouraging start this year — but a crucial test for the sector is still ahead. Solid first-quarter results have helped lift investor sentiment, even as insurers continue to grapple with higher medical costs. Companies including UnitedHealth, […]
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Oil prices slide as new attacks in Strait of Hormuz threaten fragile U.S.-Iran ceasefire
In an aerial view, the Marathon Petroleum Corp’s Los Angeles Refinery is seen on April 2, 2026 in Carson, California. Justin Sullivan | Getty Images Oil prices declined on Tuesday as traders assessed the risk of immediate supply disruptions amid renewed tensions between the U.S. and Iran. International benchmark Brent crude futures dipped 1.6% to $112.67 […]
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Markets on edge as fresh U.S.-Iran attacks dent optimism over a peace deal
Veiled pro-government supporters stand in a line under a banner depicting portraits of Iran’s late Supreme Leader Ayatollah Ali Khamenei and Ayatollah Mojtaba Khamenei, as they wait to receive donated meals during a state-run religious rally in downtown Tehran, Iran, on April 29, 2026. Nurphoto | Nurphoto | Getty Images Up until the weekend, global […]
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Maersk says ship passed through Strait of Hormuz under U.S. military protection
The container ship Gunde Maersk sits docked at the Port of Oakland on June 24, 2024 in Oakland, California. Justin Sullivan | Getty Images Danish shipping giant Maersk said one of its commercial vessels successfully transited through the strategically vital Strait of Hormuz under U.S. military protection. The Alliance Fairfax, a U.S.-flagged ship operated by […]
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Swedish private equity firm EQT sweetens Intertek bid to $12 billion
Swedish private equity firm EQT AB raised its bid to buy Britain’s Intertek to about 8.93 billion pounds ($12 billion) on Tuesday after the product testing firm rebuffed its previous proposals on grounds it undervalued the company. This is the third offer in three weeks EQT has made for Intertek after the British company turned […]
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India’s Modi tightens political grip with historic state victory — but can it usher in reforms and draw investors?
NEW DELHI, INDIA – MAY 04: Bharatiya Janata Party (BJP) leader and Indian Prime Minister Narendra Modi (C) greets people as he arrives at the party headquarters to deliver a victory speech, in New Delhi, India on May 04, 2026. The BJP has emerged victorious in the tally of the West Bengal and Assam state […]
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UniCredit CEO says taking control of Commerzbank ‘not the expected scenario’
Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty Images UniCredit CEO Andrea Orcel told CNBC Tuesday that he does not foresee a future where the Italian lender fully controls Commerzbank. Orcel’s comments came as the Italian lender’s tender offer to raise its stake […]
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