Oil prices fell on Thursday as investors assessed the risk of supply disruptions following attacks on ships in the Strait of Hormuz and considered the outlook for global crude supplies outlined in
A major automaker quietly patched serious security flaws in its dealership web portal earlier this year that could have allowed hackers to remotely unlock vehicles and access sensitive customer data, according to
More
A new large-scale SMS phishing scheme, dubbed “Magic Mouse,” has emerged to replace the now-defunct “Magic Cat” scam, security researchers told TechCrunch. The operation is already stealing hundreds of thousands of credit
More
Artificial intelligence may be fueling record gains for companies like Nvidia Corp., but it’s also sparking a sell-off in firms seen as vulnerable to disruption, Bloomberg News reported. From website builder Wix.com
More
The US Commerce Department has begun issuing licences to Nvidia allowing the export of its H20 chips to China, following a personal lobbying effort by the company’s chief executive Jensen Huang during
More
India’s ongoing trade conflict with the United States has drawn fresh attention to the windfall profits enjoyed by Mukesh Ambani, Asia’s richest man, through his Reliance Industries group’s extensive imports of discounted
More
A wave of Chinese technology companies has rushed to apply for initial public offerings (IPOs) in Hong Kong following recent reforms to the city’s confidential filing rules, fueling a booming listing market,
More
The United States has imposed tariffs on imports of one-kilo gold bars, a move that could disrupt the global bullion market and deal a fresh blow to Switzerland—the world’s largest gold refining
More
China’s state-owned shipping giant Cosco is aiming to secure a 20-30 percent stake in a $23 billion deal involving key global port assets, including strategic holdings near the Panama Canal, as Beijing
More
Irfan Razack, the billionaire chairman of Prestige Group, has sounded a cautionary note on India’s booming real estate market, warning that rising costs and oversupply in key cities are creating stress pockets
More
Israel’s largest natural gas consortium has signed a major deal to supply $35 billion worth of fuel to Egypt over the next 14 years, underscoring Cairo’s growing reliance on imported energy amid
More
The world’s diesel market is running out of time to replenish dangerously low fuel stockpiles before hurricane season and refinery maintenance kick in — a development that could ripple through inflation, trade,
More
Tokyo Electron, Japan’s leading semiconductor equipment manufacturer, has dismissed an employee over suspected involvement in the theft of trade secrets from Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker. The
More
Shares of Warren Buffett’s Berkshire Hathaway have underperformed the broader market by one of the widest margins in decades, triggering unease among investors as the 94-year-old billionaire prepares to step down as
More
China’s ambitious campaign to consolidate its fragmented semiconductor industry into a few powerful state-backed players is faltering, as internal disagreements and market realities challenge Beijing’s top-down push to rival U.S. and European
More
Italian Prime Minister Giorgia Meloni’s government is pushing forward with a long-delayed €13 billion bridge linking Sicily to the mainland, now reframing the contentious project as a strategic NATO-aligned infrastructure investment. As
More