President Donald Trump told reporters on Tuesday that Tehran has just days to agree to Washington’s terms to end the war or face renewed military strikes across the country.
Category: 19 May 2026
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SPOTLIGHT: BIGS GETTING BIGGER
NextEra Energy, North America’s largest electric power and energy infrastructure company, is buying Dominion Energy in an all-stock deal valued at $66.8 billion.
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LVMH WILL SELL HANDBAG MAKER MARC JACOBS FOR $850 MILLION
LVMH, the luxury industry’s largest conglomerate, will sell handbag brand Marc Jacobs to a partnership between global brand manager WHP and G-III Apparel Group, which owns an array of fashion brands including Calvin Klein, DKNY, Donna Karen, and Tommy Hilfiger.
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HONDA POSTS FIRST-EVER ANNUAL LOSS AS EV INVESTMENT SOURS
On 14 May, Honda Motor – Japan’s second-largest auto company – posted its first annual loss since it went public in 1957 as it wrote off more than $9 billion in costs to restructure its electric vehicle (EV) operation.
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FORD, STELLANTIS EXPAND CHINESE PARTNERSHIPS IN EUROPE
Stellantis, the Dutch conglomerate that owns Fiat, Jeep, Ram, and 11 other car brands, is broadening its partnership with Chinese EV maker Leapmotor.
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TURKEY’S CENTRAL BANK HIKES ITS INFLATION TARGET
Last week, the Central Bank of the Republic of Türkiye raised its target interest rate from 16 percent to 24 percent – a 50-percent increase – in an acknowledgment that the Iran War is spiking prices throughout the country’s economy.
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CHINA’S ECONOMY BOGS DOWN IN APRIL
The domestic sector of China’s economy slowed in April, with several missing economists’ expected levels.
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INVESTORS DUMP BONDS AS OIL PRICES CLIMB
Investors around the world are fleeing bonds, fearing that central banks will be forced to raise their interest rates to tamp down rising inflation that soaring oil prices have already set in motion, Bloomberg reported.
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MORE WARS AND RUMORS OF WARS – IS THERE NO END IN SIGHT FOR THE US AND IRAN?
President Donald Trump is back from his business trip to China which had a lot of ambiguity over issues like Taiwan without having done either much discernible damage or benefit to American interests.
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OFF WITH THEIR HEADS 2.0: TRUMP JR TRIES TO CASH IN ON ‘PATRIOTIC CAPITALISM’: REPORT
A Florida-based investment company that includes Donald Trump Jr. as a partner has seen its assets under management increase from $200 million to $3.5 billion in the past year based on what the company calls “Patriotic Capitalism,” according to a report.