Project

De stap van de grootste donor van het milieuprogramma zorgt voor verdere onzekerheid voor de reeds moeizame onderhandelingen. De grootste donor van het United Nations Environment Programme (Unep) heeft de financiering aan het orgaan stopgezet voorafgaand aan de herziene begroting op 12 mei, wat zorg heeft gewekt bij lidstaten en ngo's. De nieuwstocht zou van groot belang kunnen zijn voor de reeds problematische onderhandelingen over het plasticverdrag onder toezicht van Unep. Sinds 2022 worstelen landen met een overeenkomst over hoe om te gaan met de hoeveelheid plastic die wordt geproduceerd en gebruikt, een onderwerp dat algemeen wordt erkend als een van de ernstigste milieuproblemen van deze tijd, maar ondanks zes gespreksrondes is er nog geen overeenstemming in zicht. Lees verder...

• CVB Financial (NasdaqGS:CVBF) finalized its acquisition of Heritage Commerce Corp on May 10, 2026, forming a combined mid-sized bank with pro forma assets of US$21.5 billion. • The merged entity released pro forma financials projecting 2025 net earnings of US$241 million, or US$1.36 per share, offering investors visibility into future performance. • This deal transforms CVB from a smaller regional player into a more substantial competitor, potentially enhancing its market position and dividend capacity in the banking sector.

• China is aggressively scaling its AI-driven cyber defense market as US developers Anthropic and OpenAI unveil new models with enhanced cybersecurity capabilities, intensifying competition in AI security innovation. • IDC projects China's AI cybersecurity industry will reach 59.35 billion yuan ($8.7 billion) by 2030, representing a more than 37-fold increase from 1.58 billion yuan ($230 million) in 2025. • Anthropic's Mythos model, launched in April, sparked rapid global response due to its unprecedented speed and efficiency in discovering and exploiting cybersecurity vulnerabilities, prompting competitive responses from Chinese developers.

President indicated that deal had materialised, but truth was that Saudi Arabia had stopped US use of its basesWhen Donald Trump abruptly pulled the plug on “Project Freedom”, the scheme to open the strait of Hormuz, barely a day after it had been announced, he gave the impression that an opportunity for a peace deal had materialised that could not be missed.To the surprise of nobody who has been following the US’s recent adventures in geopolitics, Trump’s spin concealed a lot of the underlying reality. It turns out that Trump suspended Project Freedom after Saudi Arabia stopped the US military from using its bases or airspace to carry out the operation, which involved giving air cover to commercial shipping sailing through the strait. Continue reading...

Riyadh told White House it would deny access for operation to provide tankers military escort through strait of HormuzMiddle East crisis – live updatesA refusal by Saudi Arabia to allow the US to use its bases and airspace to provide a military escort for oil tankers passing through the strait of Hormuz lay behind Donald Trump’s decision to shelve the plan days after it had been launched.Riyadh told the White House it would not allow its Prince Sultan airbase to be used to mount the operation billed as Project Freedom, which the US presented as the successor to the bombing campaign called Operation Epic Fury. Continue reading...

• US President Donald Trump announced a pause on 'Project Freedom,' his plan to escort ships through the Strait of Hormuz, following 'great progress' in talks with Iran announced on May 6, 2026. • Trump cited 'very good talks' with Iran in the last 24 hours and hopes for a permanent peace deal, with Iran reviewing a US proposal via Pakistani intermediaries. • The decision came after backlash from Gulf allies notified in advance, amid Trump's prediction that the war in Iran 'will be over quickly' while insisting Tehran cannot have nuclear weapons.

• TikTok has received approval from Thailand’s Board of Investment for three data centres in Bangkok, Samut Prakan, and Chachoengsao provinces valued at $25 billion or 842 billion THB. • The facilities will serve as regional hubs to store and process data, supporting TikTok's expanding user base across Southeast Asia. • This massive investment underscores TikTok's commitment to infrastructure growth amid rising demand, alongside other approvals like DAMAC Group's $1.4 billion and Bridge Data Centres' $746 million projects.