Business News
- 'Bubble effect': Weight loss drug fueled growth is putting the pharma sector at risk, report finds
Obesity assets represent about 25% of total forecast sales of the late-stage pipeline, while oncology's share has slipped to 20%, Deloitte found.
- AI chipmaker Cerebras targets $3.5 billion raise in IPO
The share sale could give the company a valuation of up to $24.5 billion, compared with $23 billion as of February.
- India is burning more coal as extreme heat and the Iran war squeeze energy supplies
India, the world's third-largest emitter of carbon dioxide, is burning more coal as demand for power rises, most of which is coal-fired.
- World Cup prize pool nears $900 million as FIFA boosts payouts. Here’s who gets what
FIFA's upcoming World Cup is set to be the most lucrative on-record, with a 'record breaking' prize pool on offer, as FIFA shrugs off other controversies.
- Meme stock GameStop makes $56 billion offer for eBay in bid to rival Amazon
GameStop made a takeover bid for eBay, offering $125 per share in a cash-and-stock deal that values the e-commerce platform at roughly $55.5 billion.
- OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE
Concerns around production were amplified further last week with news of the UAE's shock departure.
- The nuclear option: Atomic energy could offer Europe hope, say analysts — but it won't be easy
The effective closure of the Strait of Hormuz, a vital shipping route, has exposed which nations are most exposed to disrupted energy imports.
- Denmark faces data center reckoning as power grid overwhelmed by surging demand
The data center industry is facing a reckoning as governments around the world consider imposing limits on the growth of the power-hungry facilities.
- Rudy Giuliani, former New York mayor and Trump lawyer, hospitalized in critical condition
President Donald Trump called Rudy Giuliani a "True Warrior, and the Best Mayor in the History of New York City, BY FAR," in a Truth Social post.
- Pirro reveals new Trump attack evidence; Cole Allen removed from 'suicide precautions'
Until U.S. Attorney Jeanine Pirro's comments, prosecutors had not disclosed whose bullet hit the agent.
Crypto News
- Capital B raises $1.3M from Adam Back for Bitcoin strategy
The Blockstream CEO subscribed to 10 million warrants as Capital B pushes ahead with its Bitcoin treasury strategy.
- Bitcoin climbs past $80K for the first time since January
Bitcoin soared as the MSCI AC Asia Index rose to a new high on Monday, an early indicator that investors viewed the weekend developments in a reasonably positive light.
- Strategy takes Bitcoin buying breather ahead of Q1 earnings report
Michael Saylor signaled a “pause” on BTC buying ahead of Tuesday’s earnings report, with Wall Street expecting a loss for Q1.
- Bitcoin preps highest weekly close since January as BTC price nears $79K
Bitcoin canceled out the week's earlier losses to tease the highest weekly BTC price candle close since the end of January near $79,000.
- Crypto industry will be ‘just fine’ if CLARITY Act doesn’t pass: Chris Perkins
The efforts of the SEC and CFTC chairmen indicate that the crypto industry will not suffer without the CLARITY Act, according to crypto executive Chris Perkins.
- Bitcoin logs best monthly performance in 12 months during April
Despite being the best-performing month in the past 12 months, Bitcoin still came in slightly below its historical average, according to CoinGlass data.
- Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter
Riot Platforms reported $167.2 million in Q1 2026 revenue, with its new data center business contributing $33.2 million as Bitcoin mining income fell.
- Bitcoin mining stocks climb in 2026 as BTC lags behind
All major mining stocks are up in 2026, with gains of up to 85% while Bitcoin remains down on the year.
- Bitcoin doesn’t need a fresh narrative to reclaim $100K: Analyst
With attention spilling into multiple other technology sectors, crypto may struggle to capture a strong, price-driving narrative, a crypto analyst says.
- Bitcoin rally extends, yet BTC options price only 25% chance of $84K in May
Institutional investors and corporate-level Bitcoin accumulation remain the primary drivers of BTC’s price gains, despite the lack of bullish leverage.
General News
- NATO chief says Europeans have ‘gotten the message’ from Trump on defence
The US president has accused some NATO countries of not doing enough to support the US-Israel war on Iran.
- ‘I can’t feel my leg’: Israeli gunfire disables teenagers in West Bank
Al Jazeera visits refugee camp in the occupied West Bank where Israeli soldiers have killed or maimed many young people.
- Iran war: What’s happening on day 66 as Trump announces Hormuz mission?
Trump orders new Hormuz mission after Iran says it receives US response to its peace proposal.
- Japan PM: Hormuz closure ‘inflicting enormous impact’ on Asia Pacific
Japan’s PM says the effective closure of the Strait of Hormuz is ‘inflicting an ‘enormous impact’ on Asia Pacific.
- Iran warns US to stay out of Hormuz after Trump says US will ‘guide’ ships
President Trump said the US will begin Project Freedom on Monday to guide stranded ships out of the Strait of Hormuz.
- Crew of Iranian ship seized by US forces evacuated to Pakistan, gov’t says
Twenty-two crew members from the seized Iranian ship MV Touska have been transferred to Pakistan for repatriation.
- Former NYC Mayor Giuliani hospitalised in ‘critical condition’
Spokesman says Giuliani in 'critical but stable' condition as President Trump hails 'true warrior'.
- Japan PM says Iran war oil crisis having ‘enormous impact’ in Asia Pacific
Sanae Takaichi makes comments during a visit to Australia, where she signs agreements on energy supplies.
- North Korean women’s club to play rare football match in the South
Naegohyang FC will play the South's Suwon FC on May 20 in the semifinal of the Women's Asian Champions League.
- All-round hero Hardie helps Babar Azam’s Peshawar Zalmi win PSL 2026
Hardie's 4 wickets and 56 runs help secure Peshawar's second PSL title with a five-wicket win over Hyderabad Kingsmen.










