Negotiations between American cosmetics giant Estée Lauder and Spanish group Puig, which could have led to the creation of a luxury beauty holding company worth about $40 billion, broke down at the very last moment – after several months of almost finalized work on the deal.

The company has unveiled its first all-electric car, the Ferrari Luce. The premiere of the model marks the brand’s entry into the electric car segment amid uncertainty in an industry where the traditional “engine sound” is no longer a must.

At the annual Google I/O 2026 conference, Google Corporation announced a large-scale integration of artificial intelligence into search, advertising and user services. The company actually confirmed the transition from classic Internet search to an AI-response model, which could radically change the media, SEO and digital advertising market.

In the ranking of the most prosperous countries in the world, 30 out of 40 places belong to European countries. The top five world leaders are Norway, Iceland, Denmark, Sweden and Ireland.

On the COMEX, a division of the New York Mercantile Exchange, gold futures for delivery in August are trading at $4,598.35 per troy ounce, up 0.92% at the time of this commentary.

Beginning May 25, 2026, farmers who lost their corn and sunflower crops from the severe drought of 2025 can file claims for compensation with area offices of the Agricultural Intervention and Payment Agency (AIPA).

European stock exchanges went up sharply after the news about a possible deal between the US and Iran. Investors hope that the conflict will be at least partially frozen, which means lower risks for the global economy and the oil market.

Italian fashion holding Benetton continues to emerge from the protracted crisis, which has become one of the worst for the company in recent decades. At the end of 2025, the group managed to significantly reduce losses and come close to financial balance.

European businesses that have remained in Russia have cooled sharply in their assessments of the immediate future of the Russian economy. Whereas a year ago half of the companies believed in growth, now only 17% do. At the same time, the number of those who expect the situation to worsen has almost doubled.

The AI Index 2026 report by Stanford University showed that the technological gap between the leading AI models of the US and China has almost disappeared. At the same time, American companies invest almost 23 times more than Chinese companies in AI development.

Agriculture in Kazakhstan remains one of the most low-productive sectors of the country’s economy, despite years of investment and government support. The reason is the long payback period of agricultural projects.

Applications for partial compensation of excise duty on diesel fuel purchased by agricultural producers in the period from March 1 to May 31 for work in the current season continue to be accepted. Since the beginning of the application process (May 11) until May 22, the Agency for Interventions and Payments in Agriculture (AIPA) has received 505 applications for this subsidy, reports the Ministry of Agriculture and Food Industry MAIA.

Experts have analyzed the situation in the market and told how it may change in the coming week.

Deputy Prime Minister, Foreign Minister Mihai Popşoi participated in a conference on the promotion of trade and economic cooperation between Moldova and China, organized in Shanghai.

German retail giant REWE may close one of the longest chapters of its European expansion. The group is considering selling the Penny Market business in Italy in whole or in parts.

Japanese Nissan Motor has abandoned plans to produce components for electric cars in the UK. It is about the project of JATCO, a subsidiary of Nissan’s powertrain manufacturer, which planned to build a facility for the production of electric powertrains in Sunderland. The project was officially unveiled in January 2025 with the support of the British government.

Turkey’s state-owned banks were forced to make large-scale currency interventions following a court ruling against a Turkish opposition leader, and the stock market collapsed 6.1 percent in a short time.

The Republic of Moldova is entering an important investment phase by investing significant financial resources in the energy efficiency of public buildings.

The Central Electoral Commission (CEC) will allocate almost one million lei for the purchase of computer equipment to modernize its IT infrastructure.

The National Tennis Center, an ultramodern sports complex that will open new horizons for the development of tennis and the training of athletes within the country, was opened in Chisinau.
