🚫🇮🇳 India has imposed a ban on sugar exports until the end of September.

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📈 CISCO reported a third-quarter adjusted EPS of $1.06, surpassing estimates of $1.04. Looking ahead, the company anticipates a fourth-quarter adjusted EPS between $1.16 and $1.18, exceeding the estimate of $1.07. For the fiscal year, CISCO expects adjusted EPS to range from $1.16 to $1.18, up from a previous forecast of $4.13 to $4.17. Additionally, the company is raising its expected fiscal year 2026 orders to $9 billion, an increase from the prior $5 billion.

🛢🇷🇺 Sales of AI-92 gasoline in Russia have become unprofitable, according to reports. The rising costs and economic factors have led to a decline in profitability for this grade of fuel. For more details, visit Izvestia. Additional insights can be found at mt in max.

🇺🇸🇨🇳 A meeting between Xi Jinping and Donald Trump has concluded in Beijing, lasting just over two hours. mt in max

⚠️🇨🇳🇺🇸 Rubio stated that the United States has informed China that assistance to Iran would harm relations between the two nations. Xi Jinping remarked that support for Taiwan would negatively impact U.S.-China relations. mt in max

⚠️🇨🇳🇺🇸 In a recent address to Donald Trump, Chinese President Xi Jinping expressed hope that the United States and China can avoid conflict and overcome the "Thucydides Trap," a scenario where a rising power threatens to displace an established power, often leading to war.

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🇺🇸🇻🇪 Rubio stated that the United States intends to continue changing the political structure of Venezuela.

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⚠️🇺🇸 Annual inflation in the United States has been rising rapidly since the onset of the conflict with Iran. Bank of America warns that inflation is becoming increasingly problematic for the Federal Reserve. For more details, visit mt в max.

🛢🇷🇺 The U.S. sanctions relief for Russian oil will expire on May 16, prompting India to purchase Russian oil at unprecedented rates. The country is accelerating its imports ahead of the deadline, reflecting a tightening market. For more details, visit BBG. Stay updated with mt in max.

🚨 The United Kingdom's GDP for the first quarter of 2026 has been preliminarily reported, showing a quarterly increase of 0.6%, matching expectations and up from a previous 0.2%. Year-on-year, GDP growth stands at 1.1%, surpassing the expected 0.8% and slightly up from a prior figure of 1%.

✨ The Moscow Exchange has launched trading in cryptocurrency futures for SOL, XRP, and TRX today. For more details, visit here.

💥🇺🇸🇨🇳 The United States has approved the sale of H200 chips from NVIDIA to ten Chinese companies, marking a significant development in tech relations. For more details, visit RTRS. Additional insights can be found on mt in max.

💥🇨🇳🇺🇸 China has renewed licenses for hundreds of US beef exporters amid the Trump-Xi summit.

🧠 TSMC forecasts that the global chip market will reach $1.5 trillion by 2030, up from an earlier estimate of $1 trillion, driven by the AI boom.

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🌟 Foxconn has reported an 18.5% increase in profits for Q1, surpassing forecasts due to strong demand driven by artificial intelligence. The company's performance reflects a growing trend in the tech sector as AI continues to influence consumer and business needs. For more details, visit mt в max.

🇷🇺 The annual meeting of the New Development Bank will be held in Russia for the first time in 19 years. Scheduled for May 14-15, 2026, the 11th Annual Meeting of the Board of Governors will take place in Moscow. This significant event will gather senior officials from the finance ministries of over ten countries. For more information, visit here. Additional details can be found on mt in max.

⚠️🇮🇳 Wholesale prices in India rose by 8.3% year-on-year in April, a significant increase from 3.8% in March. This marks a sharp acceleration in inflation. mt in max

🌟 Rostelecom's net profit under IFRS for Q1 2026 surged by 10%, reaching 7.4 billion rubles. For more details, check the full report.

🇷🇺 The Russian Ministry of Industry and Trade has decided to narrow the list of pharmaceutical companies eligible for compensation in the final stages of innovative drug research. Authorities will now fund studies only for breakthrough medications — Ъ.

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📈 VK Tech reported a nearly 59% increase in revenue for the first quarter, reaching 4.3 billion rubles.

🛢🇮🇷 Iran's Foreign Minister Araghchi stated that, from their perspective, the Strait of Hormuz is open to all commercial vessels, but they must cooperate with Iranian naval forces.

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