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
As billionaire Jeff Bezos prepares to tie the knot with television anchor Lauren Sánchez in Venice this week, the Italian city’s picturesque canals and palazzos are becoming the unlikely backdrop for a
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In a surprise move that could have sweeping geopolitical and economic consequences, U.S. President Donald Trump announced that China “can now continue to purchase oil from Iran,” apparently reversing months of sanctions
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Bank of England Governor Andrew Bailey has firmly rejected accusations from Reform UK that the central bank’s bond-buying and selling policies amount to a “systemic misuse of taxpayers’ money.” In a pointed
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HSBC, Europe’s largest bank, is facing a costly dilemma over office space after pandemic-era downsizing left it short of desks for a workforce now being urged back into the office. The bank,
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Amazon is doubling down on Britain with a £40 billion investment blitz over the next three years, in a move that promises faster deliveries, thousands of jobs, and a boost to the
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Oil prices experienced their steepest drop in three years on Monday, as markets reacted to Iran’s missile attack on a US military base in Qatar by interpreting it as a “de-escalatory” move,
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Smith, who only stepped down as FedEx’s chief executive in 2022, remained executive chairman of the company he established in 1973 with just 14 Dassault Falcon 20 jets. Over the course of
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Qatar has sounded the alarm over growing threats to its energy infrastructure after Israeli strikes reportedly hit the Iranian portion of the world’s largest natural gas field, which spans the maritime border
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Nearly six years after the U.S. government placed Huawei Technologies on a trade blacklist, the Chinese tech giant has made a remarkable comeback in the field of artificial intelligence (AI) chips —
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Mira Murati, former chief technology officer of OpenAI, has raised a staggering $2 billion for her new artificial intelligence start-up, Thinking Machines Lab, in one of Silicon Valley’s largest-ever seed funding rounds.
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Escalating conflict between Iran and Israel has sent shockwaves through European energy markets, propelling diesel and jet fuel prices to their highest levels in over a year. Traders are increasingly concerned about
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The United Nations Conference on Trade and Development (UNCTAD) has sounded a stark warning about the continuing fall in global foreign direct investment (FDI), calling for urgent international action to prevent long-term
More The GCA announced on Friday that it had “reasonable grounds to suspect” that Amazon may have violated the Groceries Supply Code of Practice, which governs how the UK’s largest grocery retailers treat
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Global shipping giant Maersk has announced a temporary suspension of all vessel calls and cargo acceptance at Israel’s Port of Haifa, citing escalating security risks stemming from the ongoing conflict between Israel
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The Financial Stability Board (FSB), the international body that monitors and makes recommendations about the global financial system, has issued a stark warning about vulnerabilities in the $12 trillion commercial real estate
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