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
Trump’s ‘tariff war’ is not an issue solely or even primarily about the US economy. It is an attempt to bring the entire world trading system under unilateral US control, removing any
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President Donald Trump has announced plans to impose a 100% tariff on all foreign-made films in a move he claims will protect the struggling American film industry and stop Hollywood from “dying
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A wave of violent kidnappings targeting cryptocurrency millionaires is spreading alarm across Europe, with French police recently rescuing a man whose captors severed one of his fingers while demanding a multi-million euro
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The era of being truly off-grid at sea may be over — at least for the ultra-wealthy. Thanks to Elon Musk’s Starlink satellite internet service, luxury yachts are transforming into mobile high-tech
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A widespread electricity blackout across Spain and Portugal this week revealed critical vulnerabilities in the Iberian Peninsula’s telecoms infrastructure, prompting record levels of usage of Elon Musk’s Starlink satellite internet service. According
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Huawei is advancing its semiconductor ambitions with the rapid expansion of its chip production capabilities in Shenzhen, China, as part of an effort to reduce the country’s reliance on foreign technologies. Satellite
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In a bid to overcome its looming debt crisis, the Maldives has announced plans to invest $8.8 billion into a blockchain and digital assets financial hub, a bold move aimed at diversifying
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Toyota’s hydrogen chief has issued a stark warning that hydrogen-powered vehicles could suffer the same fate as electric cars if other countries fail to ramp up investment in the technology. Mitsumasa Yamagata,
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Opec+ has stunned the oil market by announcing a second consecutive monthly increase in production, this time by 411,000 barrels per day (b/d) for June, even as oil prices continue to slide
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A growing number of Swiss family offices — private entities that manage wealth for the ultra-rich — are relocating or expanding to Dubai, driven by tightening regulations and political uncertainty in Switzerland,
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The US Department of Justice (DoJ) is seeking to compel Google’s parent company, Alphabet, to divest critical components of its digital advertising empire, in a bid to dismantle what a federal judge
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As the Halloween season approaches, U.S. retailers and consumers are bracing for frightening price hikes on festive goods, driven by the Trump administration’s sweeping “reciprocal tariffs” on Chinese imports. Nearly 90 percent
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The Vizhinjam Port Project in Kerala, constructed by the Adani Group—a private sector enterprise—in partnership with the Marxist-led Kerala government, is a refreshing development of far-reaching and significant importance, both economically and
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KPMG has resigned as the auditor for P&O Ferries, citing its inability to complete the audit of the company’s 2023 accounts to the “required standard.” The Big Four accounting firm stepped down
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Shell has reported a smaller-than-expected drop in first-quarter profits, despite weaker trading conditions and lower commodity prices. Europe’s largest oil and gas group announced it would maintain the pace of its share
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