Business - Monday, May 4, 2026

Disney and 20th Century Studios' "The Devil Wears Prada 2" opened the summer movie season with $77 million in ticket sales.

Gold held a loss as the US and Iran traded fire in the Persian Gulf on Monday, jeopardizing a four-week-old ceasefire and fueling inflation and rate-hike risks.

A stalwart on defense spending, Poland is training its citizens in civil defense while balancing their jobs and families.

Sierra's $950 million Series E funding round was led by Tiger and Google's GV, with participation from Benchmark, Sequoia, Greenoaks and others.

Australian gold miner Regis Resources Ltd. agreed to buy Vault Minerals Ltd. in an all-share transaction that they said values the combined entity at about A$10.7 billion ($7.7 billion).

The company said its shipping, fulfillment and delivery services would be offered to other businesses. Several large corporations have already signed on.

Hong Kong's IPO surge looks to be just getting started, as China's tech boom sees its ecosystem mature.

Dell Technologies Inc. granted Chief Operating Officer Jeff Clarke stock options estimated to be worth $132.4 million in 2031 if the company meets annual performance goals.

The announcement of the withdrawal of thousands of US troops from Germany underlines the urgency of a pan-European defence strategy As Donald Trump’s second term has become overshadowed by plunging poll ratings and an illegal, ill-advised war in the Middle East, European governments have regularly been singled out to bear the brunt of the US president’s growing frustration. Sir Keir Starmer’s refusal to militarily back the attack on Iran led to unfavourable comparisons to both Winston Churchill and King Charles. “ Unfriendly ” Spain has been threatened with a trade embargo for similar reasons. Italy’s prime minister, Giorgia Meloni, previously seen as a key political ally, has also been on the receiving end. “I’m shocked by her,” Mr Trump said last month. “I thought she had courage. I was wrong.” Currently it is Germany’s chancellor, Friedrich Merz, who finds himself in Washington’s crosshairs. In the wake of Mr Merz’s accurate observation that the US has no convincing strategy on Iran, the Pentagon has announced the future withdrawal of 5,000 US troops from bases in Germany. Vital long-range weapons are also to be withheld as American military stockpiles are depleted by events in the Middle East. For good measure, Mr Trump has threatened to raise tariffs on European car manufacturers to 25% – a measure that would hit Germany hardest. Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...

The U.S. vowed to help tankers navigate the perilous conditions that have kept them stranded in the Persian Gulf, but it remained unclear if companies would try to get out.