Silver Investment Partners buys CTS Reisen in major school-trip market deal Silver Investment Partners buys majority stake in CTS Reisen, signaling consolidation in Germany’s school-trip market as the operator surpasses …
Deal
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Business
Strait of Hormuz reopening promised after US‑Iran deal as shippers demand assurances
by Leo Müllerby Leo MüllerStrait of Hormuz reopening: Indian tanker Disha leads first convoy after US–Iran accord Strait of Hormuz reopening: Indian tanker Disha departs Ras Laffan and is due in Dahej on June …
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Business
Canada to name preferred bidder for 12 submarines in C$60bn deal
by Leo Müllerby Leo MüllerCanada submarine contract decision expected late June as TKMS and Hanwha vie for preferred-bidder status Canada submarine contract decision nears: Ottawa will name a preferred bidder for 12 patrol submarines, …
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World
Venezuela Signs GE Vernova Deal to Add 5 GW of Power Over Four Years
by anna walterby anna walterVenezuela-GE Vernova Deal to Add 5 GW in Four Years to Tackle Chronic Power Outages Venezuela signs agreement with GE Vernova to boost electricity generation by 5 GW over four …
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Business
Strait of Hormuz reopening announced after US‑Iran deal, easing global oil pressure
by Leo Müllerby Leo MüllerStrait of Hormuz to Reopen After U.S.-Iran Framework; Oil Markets and Global Trade Brace U.S. and Iran have agreed to a framework to reopen the Strait of Hormuz, aiming to …
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Business
Oil price drop after US-Iran framework deal eases German fiscal strain
by Leo Müllerby Leo MüllerU.S.-Iran Framework Agreement Eases Markets but Leaves Economic Risks Intact Markets eased briefly after a U.S.-Iran framework agreement, lowering oil prices; economists warn repairs and supply measures are needed as …
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Business
US-Iran deal to reopen Strait of Hormuz drives oil prices down
by Leo Müllerby Leo MüllerStrait of Hormuz Reopening Drives Oil Prices Down After U.S.-Iran Framework Oil prices fell after a U.S.-Iran framework to reopen the Strait of Hormuz; Asian markets rallied as officials outlined …
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US-Iran peace agreement appears within reach as Geneva signing looms Momentum grows for a US-Iran peace agreement ahead of a possible Geneva signing; a 60-day phase, frozen assets and regional …
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Politics
US and Iran nearing provisional peace deal to reopen Strait of Hormuz
by Hans Ottoby Hans OttoU.S. and Iran Reportedly Near Deal to Reopen Strait of Hormuz, Officials Say U.S. and Iran officials say they are close to a tentative peace agreement that would reopen the …
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World
French foreign minister urges US and Iran to seize deal opportunity
by anna walterby anna walterFrance urges momentum as ‘positive signs’ build toward US-Iran deal French foreign minister Jean-Noel Barrot says ‘positive signs’ are accumulating toward a US-Iran deal and urged both sides to seize …