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• The SNP has officially written off the value of a £100,000 motorhome from its financial accounts, according to documents published Thursday by the Electoral Commission. • The vehicle was originally purchased using party funds by former chief executive Peter Murrell, sparking previous scrutiny over the use of organizational resources. • This accounting move removes the asset from the party's balance sheet, effectively acknowledging the loss or disposal of the vehicle's value.

• Iran and Oman are reportedly nearing a proposed framework agreement regarding the Strait of Hormuz, though Tehran insists the waterway will not reopen automatically. • Iranian officials stated that the United States must first meet its specific commitments before the strategic shipping lane is fully reopened. • Simultaneously, diplomatic sources indicate that ongoing efforts to de-escalate tensions are being hindered by "significant developments on the ground" affecting technical negotiations.

• European stock markets ended Wednesday's trading session with mixed results following a volatile day of swings between gains and losses. • Investors remained cautious throughout the session, carefully assessing recent corporate earnings announcements to gauge economic health. • Market participants are specifically weighing the prospects of U.S. economic indicators and policy shifts to determine future investment strategies.

Under the proposed agreement Tehran would control inbound traffic according to reportsUnderstanding reached on coordinates for shipping route through Hormuz, Iran saysAn Israeli strike that killed Lebanese journalist Amal Khalil and injured her colleague Zeinab Faraj in April was a war crime, three rights organisations said on Thursday.Investigations from Human Rights Watch (HRW), Amnesty International and Legal Agenda showed that Israel deliberately and directly attacked Khalil and Faraj, with apparent knowledge that they were civilians. The organisations called for the attacks to be investigated as war crimes, while HRW called for states to halt arm sales to Israel and put targeted sanctions on Israeli officials responsible for ongoing crimes. Continue reading...

• Arsenal have granted midfielder Christian Norgaard permission to undergo a medical with Everton as part of a proposed £7 million transfer. • Norgaard has already been excluded from Arsenal's squad traveling to Dublin to facilitate the move. • The development comes as the transfer window remains open until September 1, with other clubs like Chelsea and Manchester City targeting Pep Chavarria and Pedro Neto.

• European shares reached a new record close, with the Stoxx 600 index hitting record highs in three of the last four trading sessions. • Strong corporate earnings helped offset market volatility and investor uncertainty stemming from ongoing tensions in the Middle East. • While most regional benchmarks remained muted or trended lower, Spain’s IBEX index bucked the trend with a 0.2 per cent increase.

• The STOXX Europe 600 Index reached a record closing high for the second consecutive day on May 5, though overall gains were tempered by shifting Middle East peace hopes. • Novo Nordisk shares plummeted 4.3% after sales of the oral version of its obesity drug, Wegovy, failed to meet market expectations despite an increase in 2026 full-year guidance. • In the pharmaceutical sector, reports from Reuters indicated that AstraZeneca is not currently engaged in concrete merger talks with any U.S. companies.