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US, Iran Weigh Potential Deal; Global Stock Rally Builds | Horizons Middle East & Africa 5/7/2026

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US Fires on Targets in Iran, Awaits Response to Proposal

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The US struck military targets in after the country fired on three Navy destroyers sailing in the Strait of Hormuz. The latest clash heightens tensions in the region as the US attempts to exit a war now in its third month. President Donald Trump’s administration has been waiting for to respond to its proposal to reopen the strait and end the conflict. Bloomberg’s Stuart Livingstone-Wallace reports.
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PayPal Plans to Cut 20% of Workforce as CEO Seeks to Revamp

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PayPal Holdings Inc. plans to cut around 20% of its workforce in the next two to three years, according to a person familiar with the …

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Japan Catchup Rally, Iran Optimism Fuels Asia To Record | The Asia Trade 5/7/2026

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“Bloomberg: The Asia Trade” brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg …

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US & Iran Weigh Potential Deal to End War as Trump Seeks Offramp | Daybreak Europe 5/7/2026

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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, …

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Iran War: US Stocks Bounce as Traders Track If Truce Hold | The Opening Trade 5/5/2026

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US futures rebounded and oil prices eased as traders monitor whether a fragile ceasefire in the Middle East can hold.

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