Qatar announced that it is preparing a draft of a potential agreement to resume talks between the U.S. and Iran, while mediators are pushing for a short-term solution to reduce tensions, Bloomberg reported. The proposed draft has been “sent to the parties,” a Qatari official said, noting that no agreement has yet been reached and that he cannot provide specific timelines.
The U.S. and Iran could reach an agreement to resume the free passage of commercial vessels through the Strait of Hormuz on Tuesday or Wednesday, Treasury Secretary Scott Bessent said in an interview with CNBC.
Alphabet has launched a large-scale infrastructure financing program aimed at supplying chips for Anthropic worth $150 billion, the Financial Times reports. Broadcom, Apollo, Blackstone, Morgan Stanley, and a group of crypto miners are participating in the deal.
Anthropic PBC has struck a $10 billion deal to buy computing power from infrastructure startup Volta Infra Holdings Ltd., according to Bloomberg sources.Volta Infra Holdings also raised $300 million in venture funding and secured additional financing totaling $5 billion. This funding, which is expected to be announced today, values Volta at $2.4 billion.
SK Hynix is in talks with the workers’ union over the terms of a bonus payout plan to avoid a potential strike. According to Reuters calculations, in 2026 payouts under the previous scheme could have amounted to 779 million won (more than $547 thousand) per worker. Management proposed paying more than half of the bonuses in shares and restricting their sale for a certain period, the union said in an address to its members.
In the past fiscal year, Apple surpassed $10 billion in annual sales in India for the first time, Bloomberg reported. Over the 12 months ended in March, revenue rose by a double-digit percentage from about $9 billion a year earlier, with iPhones accounting for a significant share of sales.