548 stories · Page 14 of 55
Bill Ackman offered on 7 April 2026 to fold Universal Music Group into his Pershing Square SPARC, add leverage, and move the company’s domicile/listing from Amsterdam to Nevada/NYSE, pitching a 78 % premium and year-end close.
On 5 April 2026, eight core OPEC+ states voted online to lift their May production quota by 206,000 bpd even though the Strait of Hormuz has been virtually closed since late February and U.S. President Donald Trump has threatened to bomb Iranian infrastructure if it is not reopened by Tuesday.
On 7 April 2026, crude surged past $110 and U.S. WTI spot cargoes were bid a record $30-$40 over benchmarks after President Trump warned Iran it had until 8 p.m. EDT to reopen the Strait of Hormuz or face strikes on its infrastructure.
In a closed meeting on 6 Apr 2026, SpaceX told its 21-bank syndicate it will seek $75 billion at a $1.75 trillion valuation and reserve up to 30 % of shares for small investors—an unprecedented retail allocation.
On 5 April 2026, eight core OPEC+ members added 206,000 barrels per day to their May quotas even though Iran’s closure of the Strait of Hormuz still prevents most Gulf exports from reaching market.
Starting 6 April 2026, the UK will incrementally delay state-pension eligibility from 66 to 67 for people born after 6 April 1960, a shift forecast to trim public spending by £10 billion yearly by 2030.
On 6 April 2026 South Korea’s cabinet-party taskforce approved sending special envoys—and rerouting five Korean tankers—to Saudi Arabia, Oman and Algeria to back-fill crude supplies cut off since the Strait of Hormuz closed during the U.S.–Israeli war with Iran.
In an April 3 2026 letter, the finance ministers of Spain, Germany, Italy, Portugal and Austria formally asked the European Commission to resurrect 2022-style profit caps on energy firms to blunt the inflationary oil-price spike triggered by Iran’s closure of the Strait of Hormuz.
The White House sent Congress a non-binding FY-2027 blueprint that would lift Pentagon outlays to roughly $1.5 trillion—about 40-44 percent above this year—while slicing non-defense discretionary accounts by 10 percent.
After years of routine rollovers, Abu Dhabi abruptly asked for the full return of its $3.5 billion deposits, prompting Islamabad to draw up a three-part repayment plan for 11, 17 and 23 April 2026.
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