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CEO of Danish shipping group says increased costs due to higher fuel bills passed on to customersBusiness live – latest updatesThe boss of the shipping company Maersk has said the reopening of the strait of Hormuz would have a “limited impact” on cargo flows, as the industry grapples with a sharp rise in energy costs.Vincent Clerc, chief executive of the Danish shipping group, said its fuel bill had nearly doubled since the start of the conflict, adding as much as $500m (£367m) in costs per month, but it had passed this on to its customers through higher freight rates. Continue reading...

• Netflix's new limited series "Echoes of Tomorrow," starring Kristen Stewart and Oscar Isaac, premiered April 17 and garnered 68 million views in its first 24 hours. • The eight-episode psychological thriller explores alternate timelines and has already been renewed for a second season despite its standalone narrative structure. • Critics praised the series' cinematography and performances, with The New York Times calling it "a haunting meditation on choice and consequence."

• The International Monetary Fund's Executive Board concluded its 2026 Article IV Consultation on April 2, stating there is "little room to cut interest rates in 2026" despite moderating inflation expectations. • The IMF projects U.S. GDP growth will reach 2.4% in 2026, up from 2.0% in 2025, while the federal funds rate is forecast to decline only from 3.6% to 3.4% — representing barely a single rate cut for the entire year. • Inflation is on track to hit the 2% target by early 2027, but the IMF warns that growth will peak this year and slowly decay toward 1.8%, while U.S. debt continues climbing annually.

Dern will play Miami Herald reporter Julie K Brown in first scripted take on the Epstein story, based on Brown’s bookLaura Dern is taking on the Jeffrey Epstein investigation, in a new limited series executive produced by Adam McKay based on journalist Julie K Brown’s work busting open the story.Dern will play Brown, the Miami Herald investigative reporter on the late, disgraced financier’s tail when no one else was, for the first scripted take on the Epstein case. The screenplay will be based on Brown’s 2021 book Perversion of Injustice: The Jeffrey Epstein story. Sharon Hoffman, a writer on the 2020 limited series Mrs America, will write the project and serve as co-showrunner with Eileen Myers (The Night Agent, Masters of Sex). McKay, the writer-director of Don’t Look Up and executive producer on the HBO juggernaut Succession, among other credits, will serve as executive producer alongside Dern and Brown. Continue reading...