Chinese online retailer Shein is acquiring US clothing brand Everlane from majority owner L Catterton.

Zoom Video Communications has received about $1 billion in unrealized gains from an early investment in artificial intelligence developer Anthropic.

Russian authorities are increasing pressure on imports from Armenia. After the ban on the supply of flowers, vegetables and fruits, cognac has also come under restrictions. This can be a sensitive blow for the Armenian economy.

In the near future, the world economy risks a crisis comparable to the 2008 recession.

The energy shock of the war over Iran is turning into a financial crisis for developing countries. As many as 27 nations have begun urgently accessing World Bank reserve facilities to get quick cash amid soaring fuel prices, supply disruptions and pressure on budgets.

The state plans to sell almost a quarter of Aeroflot shares, Russia’s largest air carrier, on the market.

For the first time since 2022, global grain production will decline this year. The main reasons are a decrease in planted area and lower average yields of cereal crops. This is the latest forecast from the International Grains Council (IGC), according to forecasts,

U.S. Secretary of State Marco Rubio is making a visit to India from May 23 to 26, a major step in the U.S. effort to strengthen relations with India amid growing rivalry with China.

The European Union has officially rejected the UK government’s proposal to create a separate single market for goods. Brussels responded by rejecting London’s initiative aimed at deepening bilateral trade relations, confirming that any attempts to obtain selective privileges without meeting all membership conditions are ruled out.

Hungary is considering an agreement with Romanian companies OMV Petrom and Romgaz to supply gas from the Black Sea field Neptun Deep, which is scheduled to start up in 2027. The state-owned MVM Corporation has already agreed on a gas price close to the cost of Russian imports, and the parties are now discussing schedules and supply volumes, which could amount to about 1 billion cubic meters per year at the start.

Over the past seven days, the prices of most of the largest cryptocurrencies showed positive dynamics despite the trend of the market leaders – bitcoin (BTC) and Ethereum (ETH), which fell by 4 and 6%, respectively. BTC is holding around $77.7 thousand, ETH – around $2.1 thousand. Against this background, some altcoins from the top 100 by capitalization showed double-digit growth, significantly outperforming the rest of the market.

Cristiano Ronaldo has once again led the world in sports – not only in the number of goals, but also in income. According to Forbes, the Portuguese forward became the highest-paid athlete of 2026, earning $300 million in the last 12 months (from May 2025 to May 2026).

Prices may increase by 10% by the end of the year. This was pointed out by the Minister of Economic Development and Digitalization, Eugeniu Osmochescu. According to him, petrol and diesel will be followed by an inevitable rise in the prices of everyday products and services.

Over the next five years, the balance of power among the world’s largest economies may change significantly. India will make the most impressive leap to the top of the list.

The Council of the European Union has decided to suspend customs duties on imports of nitrogen fertilizers used in the bloc’s agriculture for a year. This measure is designed to reduce the costs of European farmers by about 60 million euros.

On Friday, investment bank JPMorgan warned that Turkey’s central bank is likely to raise its key interest rate to 40%. The increase could come before the next scheduled meeting in June, given the current market volatility caused by political factors.

US holding Authentic Brands Group has announced the purchase of the Lee denim brand from Kontoor Brands, the owner of Wrangler and Helly Hansen. The value of the deal could reach $1 billion, including an initial payment of $750 million and additional payments tied to the future financial performance of the brand. The deal is expected to close in the second half of 2026.

DHL Group shares rose significantly on Friday, May 22, after Deutsche Bank sharply improved its assessment of the company from “hold” to “buy” and raised its target price from 48 euros to 56 euros. At the trades, the securities added 3.6%.

The European film industry has joined the fight against one of the biggest media deals of recent years. Industry representatives called on the European Union to scrutinize the possible merger of Warner Bros. Discovery and Paramount Skydance, fearing that the new media giant would increase Hollywood’s influence on the European market.

Online stores and national pavilions under the brand “Made in Moldova” may appear in China. The Chinese Minister of Agriculture Zhang Zhu proposed to open them directly on the largest Chinese trade platforms during a meeting with Moldovan Foreign Minister Mihai Popşoi.
