Nonce News Desk

WIRES

UniCredit CEO Plays Down Full Commerzbank Takeover as Tender Offer Launches

UniCredit CEO Andrea Orcel says full control of Commerzbank is unlikely as the Italian bank's tender offer to lift its stake past 30% officially launches.

05/05/2026

WIRES

Vodafone Franchise Legal Battle

Sixty-two former Vodafone franchisees are taking the telecom giant to court, alleging broken promises, steep fines, and devastating financial losses.

05/05/2026

WIRES

Australia’s Central Bank Raises Rates to 4.35%, Flags Higher-for-Longer Inflation

Australia's Reserve Bank raised its policy rate to 4.35% for a third straight meeting, warning that inflation risks remain elevated well into 2026.

05/05/2026

WIRES

American Pilots Union Backs United CEO’s Merger Vision as Pressure on American Leadership Grows

The American Airlines pilots union chief praised United CEO Scott Kirby's merger vision, using it to pressure American's leadership over strategy and direction.

05/05/2026

WIRES

HSBC Misses Q1 Profit Estimates as Credit Losses Climb

HSBC reported Q1 pre-tax profit of $9.4B, missing estimates as credit losses jumped $400M year on year amid UK exposure and Middle East uncertainty.

05/05/2026

WIRES

Australia’s Central Bank Hikes Rates Again

Australia's RBA raised its policy rate to 4.35% for a third straight meeting, blaming Middle East conflict for elevated fuel and commodity prices.

05/05/2026

WIRES

American Pilots Union Backs United CEO’s Merger Vision as Pressure on American Leadership Mounts

American's pilots union president praised United CEO Scott Kirby's rejected merger vision, using it to argue American Airlines needs bolder strategy and stronge

05/05/2026

WIRES

HSBC Misses Q1 Profit Estimates as Credit Losses Climb

HSBC reported Q1 pre-tax profit of $9.4 billion, missing estimates as credit losses rose $400 million amid Middle East uncertainty and UK sponsor exposure.

05/05/2026

WIRES

Peter Schiff Warns 30-Year Yields Could Hit 6%

Peter Schiff warns 30-year Treasury yields could surge to 6% and beyond, saying America's record debt load makes an economic crisis nearly inevitable.

05/05/2026

WIRES

Apple vs Epic Supreme Court Showdown

Apple filed an emergency Supreme Court request to block a contempt ruling in its Epic Games dispute. Tim Sweeney says Apple is stalling global app reform.

05/05/2026

WIRES

Oil Retreats After Monday Surge as U.S.-Iran Strait Standoff Rattles Markets

Oil prices pulled back Tuesday after a sharp Monday rally, as traders weighed immediate supply disruption risks from the escalating U.S.-Iran confrontation in t

05/05/2026

WIRES

Australia’s RBA Lifts Rates to Highest Since 2024

Australia's Reserve Bank raised its cash rate to 4.35% on Tuesday, the highest since December 2024, citing persistent inflation and Middle East-driven fuel pric

05/05/2026

WIRES

HSBC Q1 Pre-Tax Profit Misses Estimates

HSBC posted $9.4B in Q1 pre-tax profit, missing estimates as credit losses climbed $400M year on year amid Middle East risks and UK exposure.

05/05/2026

MARKETS

Musk and Altman Head to Trial Over OpenAI’s for-Profit Pivot

Elon Musk and Sam Altman face off in a California courtroom as trial opens over OpenAI's shift from nonprofit to for-profit structure.

05/05/2026

WIRES

British Pubs Closing at Nearly Two Per Day in 2026

British pubs are closing at nearly two per day in 2026, with 161 shutting in Q1 alone and the industry calling for permanent tax reform.

05/05/2026