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Trump dismisses Iran's reply to peace plan, oil jumps as Hormuz closure persists - Reuters | ZivFin News | ZivFin

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Trump dismisses Iran's reply to peace plan, oil jumps as Hormuz closure persists - Reuters

Reuters2026.05.11Source: news.google.com ↗

Trump dismisses Iran's reply to peace plan, oil jumps as Hormuz closure persists Reuters

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South Korea's Kospi hits fresh record as Asia markets trade mixed amid oil surge, Iran risks

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Investors headed into Monday on edge as Trump’s rejection of Iran’s ceasefire proposal fueled concerns about a prolonged Middle East conflict.

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Microsoft boss to testify on his role in OpenAI's founding

Yahoo2026.05.11

Microsoft CEO Satya Nadella is expected to take the stand Monday in Elon Musk's lawsuit against OpenAI, to explain emails that revealed how his company funded the ChatGPT creator's shift from philanthropic organization to for-profit AI giant.He will rely on recently disclosed Microsoft emails from January 2018 to demonstrate that the tech giant only opened its checkbook once a profit appeared possible.