UK expands energy bill relief scheme by 40% to cover 10,000 firms, offering backdated support as high energy costs—worsened by the Iran conflict—continue to pressure key industrial sectors.
US officials warn Iran may take months to yield under a naval blockade, despite Trump saying the war is near an end, with talks stalled and demands on uranium enrichment still far apart.
ECB’s Schnabel said the euro zone is in a favourable position after bringing inflation back to 2% before the Iran war, adding policy is broadly neutral and the ECB can take time to assess whether the shock creates lasting second-round effects.
Economic calendar in Asia Thursday, April 16. Australian jobs, China GDP & eco activity
Micron's AI chip demand fuels 6x surge, valuation under 20x earnings. Trillion-dollar club beckons!
MS beats Q1 EPS & revenue estimates; TBVPS growth accelerates to 12.1%. Stock up 2.6%.
Nvidia's AI dominance faces AMZN chip threat, but its unmatched performance & CUDA platform offer strong returns.
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