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
Silver and platinum prices are surging as investors increasingly seek alternatives to gold and protection against a weakening US dollar, according to a report by the Financial Times. With gold up 25%
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Oracle shares soared nearly 8% in after-hours trading on Wednesday after the company issued an upbeat forecast for its cloud computing business, signaling a doubling of contract orders next year. The announcement
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Meta is preparing a major push to regain ground in the artificial intelligence arms race, with plans to invest approximately $15 billion in data-labelling start-up Scale AI and hire its co-founder Alexandr
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Gold has surpassed the euro to become the world’s second most important reserve asset for central banks, according to a new report from the European Central Bank (ECB). The shift marks a
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Europe’s top banks have paid out more than €1.1 billion in severance to senior staff since 2018, underscoring the sweeping restructuring efforts the industry has undertaken in response to shifting market dynamics
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China’s leading automakers, including BYD, Geely, and Xiaomi, have pledged to make more timely payments to their suppliers, following regulatory pressure from Beijing aimed at curbing controversial industry practices during a fierce
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As the UN Ocean Conference (UNOC) approaches, bringing renewed attention to SDG 14 (Life Below Water) and the rights of ocean-dependent communities, India’s Vizhinjam coast highlights the environmental injustice and human cost
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Errol Musk, the father of tech billionaire Elon Musk, has ignited controversy after publicly praising Russian President Vladimir Putin as a “very stable and pleasant man” during a high-profile appearance at a
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The head of the Panama Canal Authority has voiced serious concerns that a $23 billion global ports transaction involving Hong Kong’s CK Hutchison could threaten the long-held neutrality of the strategic waterway.
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Huawei’s founder, Ren Zhengfei, has publicly dismissed claims that his company is closing the technology gap with the U.S., saying its AI chips still trail behind American rivals — a comment seen
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The European Union is accelerating efforts to take greater control of its cybersecurity capabilities, following a recent funding scare in the United States that exposed Europe’s dependence on American-led digital security systems.
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Central Huijin, the state-owned investment arm of China’s sovereign wealth fund, has emerged as a dominant force in the country’s financial markets, following an unprecedented surge in interventions aimed at supporting the
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Coal India, the world’s largest coal-producing company, is intensifying efforts to meet the country’s growing energy demands by reopening more than 30 defunct mines and launching up to five new ones on
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Leading American corporations, including Apple, Intel, and Nike, are pressuring the US government to lower tariffs on Vietnamese goods, warning that steep duties threaten a critical supply chain partner in Asia and
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Apple is grappling with mounting internal and external challenges as it scrambles to deliver long-promised upgrades to Siri, its voice assistant, ahead of next week’s Worldwide Developers Conference (WWDC). The delays have
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