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Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. Stringer | ReutersIt will take weeks to clear the backlog of ships in the Strait of Hormuz, industry executives and shipping experts have warned, as the critical waterway is set to reopen.Oil prices initially dipped below $80 per barrel on news that the U.S. and Iran had agreed on a deal to end their war, as traders looked to the supply of oil, LNG and other goods being restored after nearly four months of war caused a maritime traffic jam of ships unable or unwilling to…
Edenred surges 16% after report says UK private equity firm is weighing takeover Source link
We’re about six weeks out from the debut of Spider-Man: Brand New Day, the follow-up to 2021’s No Way Home. It’s been five years since Spidey graced the big screen, so naturally Sony Pictures has released a new trailer to build audience anticipation. (Spoilers for No Way Home below.) As previously reported, No Way Home ended on a pretty bleak note, with Peter Parker (Tom Holland) asking Doctor Strange (Benedict Cumberbatch) to erase him from everyone’s memory to protect the multiverse, including MJ (Zendaya). Brand New Day is directed by Destin Daniel Cretton (Shang-Chi and the Legend of the Ten…
The Labour MP’s draft legislation will be debated during Friday sittings in Parliament. Source link
Treasury yields rose and the curve flattened on Wednesday after the Federal Reserve held rates steady, but strategists were divided on whether the move would persist. That’s occurring as the market brought forward expectations of the first rate hike after Fed Chair Kevin Warsh, whose inaugural policy meeting saw a dramatic slimming down of the Fed’s post-meeting communication. Here’s what market watchers are saying about Treasurys after the policy decision: Bank of America Bank of America strategists, including U.S. rates strategy head Mark Cabana, said they expect two-year Treasury yields to move higher, the gap between two-year and 10-year yields…
European stocks ease as markets digest hawkish Fed Source link
In the end, only the prototype Enterprise was stood up with an external tank and solid rocket boosters on SLC-6 before the Challenger tragedy in 1986 caused the DOD to rethink its reliance on the shuttle. Again, the Air Force walked away from the built-up facility, having never launched a single mission. NASA’s prototype space shuttle orbiter Enterprise, stacked with an external tank and two solid rocket boosters, stands at Space Launch Complex-6 (SLC-6), flanked by the assembly building and mobile service tower at Vandenberg Air Force Base (today Vandenberg Space Force Base) in California in February 1985. Credit: U.S.…
The Office for National Statistics says some areas of the jobs market are weakening, as vacancies continue to fall. Source link
Imen Ben Youssef | Afp | Getty ImagesOil prices declined Thursday after President Donald Trump reportedly signed a deal with his Iranian counterpart Masoud Pezeshkian to end the war in the Middle East, while the International Energy Agency flagged a supply glut next year.International benchmark Brent crude futures for August dropped 2.83% to $77.30 a barrel. U.S. West Texas Intermediate futures for July fell 3.20% to $74.33 per barrel.Clouding the situation, Trump also told reporters that he could resume attacks on Iran if Tehran failed to honor its commitments, according to Reuters. “We’re going to bomb the hell out of them if they violate the agreement,” Trump…