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Thursday, May 7, 2026

Daily edition · 2026-05-07 · 20 stories

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Sources: NCAA tourney expansion in final steps

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Brown: If up to me, I'd be in Boston long term

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Pats' Maye backs Vrabel: 'Great human being'

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Spurs rebound, hand Wolves largest playoff defeat

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Cubs' Boyd hurt playing with kids, having surgery

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Oil and Stocks Depend on How Serious Trump Deal Is

Markets care far more about the Strait than Iran’s nuclear program.

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Oil Steadies as Iran Assesses Fresh US Proposal to End the War

Oil steadied after losing nearly 8% in the previous session, as the US and Iran weighed a fresh push to end the war in the Middle East.

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Japan Catchup Rally, Iran Optimism Fuels Asia To Record | The Asia Trade 5/7/2026

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia.

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European Industry Is in Crosshairs of China’s New Five-Year Plan

For Europe, a new cycle of Chinese rivalry heralded by its latest roadmap for advancement is forcing soul searching on how to respond.

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Mbappé Will Power France to World Cup Gold Over Spain, BofA Says

France will win this year’s FIFA World Cup and claim its third title by beating Spain in the final, Bank of America Corp.

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GameStop CEO Says eBay Shut Account After Buyout Funding Stunt

GameStop Corp.

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OceanaGold Hunts for More Deals to Add to Strong Growth Pipeline

Canadian gold miner OceanaGold Corp.

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Yen Intervention Rally Faces High Hurdle at 155 to the Dollar

The yen’s failure to breach 155 to the dollar after repeated cases of suspected intervention by Japan is raising questions over the durability of the currency’s recent advance.

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Philippine Peso Set for Best Daily Gain in a Month on Oil Relief

The Philippine peso is headed for its best gain in a month as optimism over a US-Iran peace deal boosts prospects for further declines in oil prices.

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Anahata CIO on Opportunities in Asia Tech, New Zealand

Anahata Capital Management CIO Brian Quartarolo discusses his outlook on markets, Asia tech stocks, and why he thinks the New Zealand dollar may have room to strengthen on 'Bloomberg: The Asia Trade'.

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Former Amb. Leaf on US-Iran Potential Deal

Barbara Leaf, Senior International Policy Advisor at Arnold & Porter, discusses the latest developments in the Middle East as the US and Iran weigh a fresh proposal to end the war.

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Czechs Look Past Energy Shock for Now With Rates Set to Stay Put

Czech policymakers are likely to keep interest rates unchanged, taking more time to gauge the broader impact of more expensive fuels on living costs and economic growth.

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Pan-African Infrastructure Fund Eyes Final Close at $400 Million

An African Development Bank private equity fund plans a fourth and final fund raising in June, as more financiers allocate capital to infrastructure projects on the continent.

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Eyre: Operation Freedom - Destabilizing & Ineffective

The US and Iran are considering a fresh proposal to end the war, as President Donald Trump searches for an exit from a conflict that has elevated energy prices and damaged his political standing.

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Global Stock Rally Builds on Iran Deal Optimism: Markets Wrap

Global equities rose to a record on optimism that the US and Iran were nearing a deal, adding fresh momentum to a rally powered by a surge in technology shares and enthusiasm around artificial intelligence.

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Fragile Philippines Battered by Oil Shock as Iran War Hits Asia

The Philippines is creaking under the weight of Iran war oil shock, with economic growth and consumption grinding to the weakest in more than a decade as inflation soars.

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Africa’s Newest Oil Refinery Fires Up to Supply Fuel for Angola

Angola’s Cabinda oil refinery, among the first to be built in Africa in decades, has started shipping fuel, helping the crude producer bolster domestic supply and reduce reliance on imports.

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Europe’s Worst Earnings Are Coming From Luxury and Auto Sectors

Europe’s luxury firms, carmakers and hotels largely disappointed investors this earnings season, making consumer discretionary the worst-performing sector as rising inflation and geopolitical uncertainty derail a long-awaited recovery.

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Safaricom Annual Profit Jumps 67%, Posts Third Consecutive Rise

Safaricom Plc’s annual profit rose 67%, exceeding analysts’ expectations, after its unit in populous Ethiopia narrowed its loss.

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Intrum to Raise $812 Million of Equity Capital to Trim Debt

Swedish credit management firm Intrum AB plans to raise 7.5 billion Swedish kronor ($812 million) of equity capital, as the company continues to struggle with a heavy debt load.

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06

Pats' Maye backs Vrabel: 'Great human being'

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07

Spurs rebound, hand Wolves largest playoff defeat

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08

Cubs' Boyd hurt playing with kids, having surgery

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