Mexico and the European Union plan to sign an updated trade agreement that cuts tariffs and opens more room for investment as both sides seek to lessen reliance on the United States.
Treasurer Jim Chalmers has ordered several shareholders to exit Northern Minerals, part of Canberra’s effort to keep control of a rare-earths company targeted by foreign investors.
Sri Lanka imposed a 50% customs surcharge on imported cars, framing the move as a response to Middle East turmoil, oil prices and pressure on the rupee.
Honda says its multi-billion-dollar electric vehicle plant in Canada has been indefinitely suspended, adding fresh pressure to a tariff-hit auto industry.
An Anadolu report says U.S. Energy Information Administration data show oil flows through the Strait of Hormuz dropped sharply in the first quarter of 2026.
Sri Lanka said it will lift electricity rates by as much as 18% for consumers using more than 180 kilowatt-hours a month to offset higher thermal generation costs linked to the Middle East war.
Sherritt International has suspended direct participation in its Cuban ventures and begun repatriating expatriate staff, citing the threat of expanded US sanctions.
Gold climbed to its highest level in more than a week after reports that Iran and the United States may be nearing a peace deal, adding fresh demand for safe-haven assets.
Volodymyr Zelenskyy said Hungary returned cash and gold seized from employees of Ukraine's state-owned Oschadbank after a March confiscation triggered a diplomatic row.
The Romanian national currency reached an unprecedented valuation against the euro as political instability intensified during a scheduled no-confidence vote.
The civil aviation authority said temporary precautions were lifted and normal traffic operations resumed after a period of disruption tied to regional conflict.
The US low-cost carrier cancelled every flight and began an immediate wind-down on May 2, 2026, blaming high fuel costs as a proposed $500 million aid package stalled.
Donald Trump said the United States would remove tariffs and related restrictions on whisky imports, including Scotch whisky, following a state visit by King Charles and Queen Camilla.
Beijing ordered the cancellation of Meta’s purchase of the Chinese AI startup Manus, framing the move as a national-security issue in the wider contest with Washington.
On the event date, Iran restarted international passenger flights from Tehran’s main airport for the first time since the war began two months earlier.