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Iran's Persian Gulf Straits Authority stated that it cannot guarantee the safe passage of vessels that do not navigate along routes designated by the authority.

2026-06-26

Iran's Persian Gulf Straits Authority stated that it cannot guarantee the safe passage of vessels that do not navigate along routes designated by the authority.

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2026-06-25

Aumovio SE CFO Doenges said negotiations to buy memory chips for next year are deteriorating as AI firms consume large volumes of key components. "It's difficult to secure sufficient volumes; we've contacted suppliers but no one is willing to agree o

Aumovio SE CFO Doenges said negotiations to buy memory chips for next year are deteriorating as AI firms consume large volumes of key components. "It's difficult to secure sufficient volumes; we've contacted suppliers but no one is willing to agree on prices," she said. Aumovio, a supplier to Volkswagen and Ford, is also contending with supply tightness from the Middle East conflict and higher raw-material costs. A week ago BMW sharply cut its profit-margin target, citing ongoing business weakness and economic effects from the US–Israel conflict and the Iran war.
2026-06-25

The U.S. PCE price index rose 0.4% month-on-month in May, below the expected 0.50% and the previous reading of 0.40%.

The U.S. PCE price index rose 0.4% month-on-month in May, below the expected 0.50% and the previous reading of 0.40%.
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