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
Singaporean prosecutors have successfully obtained an additional eight weeks to deepen their investigation into three men accused of fraud in connection with shipping servers containing Nvidia Corp. chips, which are suspected of
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Amazon founder Jeff Bezos is preparing to offload up to $4.75 billion worth of Amazon shares over the next year, according to regulatory filings released Friday. The planned stock sale comes on
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China has quietly begun exempting a select group of U.S. imports from tariffs, a move that could affect up to $40 billion worth of goods and appears designed to shield its economy
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Amazon’s latest earnings report has left investors underwhelmed, with the company’s key cloud computing division, Amazon Web Services (AWS), posting slower-than-expected revenue growth. As reported by The Times UK, shares in the
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McDonald’s has reported its steepest decline in U.S. same-store sales since the pandemic, as economic uncertainty and rising consumer anxiety — fueled by President Trump’s renewed trade war — take a toll
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A catastrophic power outage that swept across Spain and parts of Portugal earlier this week has ignited fierce debate over the country’s heavy reliance on solar energy, with energy experts and former
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Former U.S. President Donald Trump has escalated his pressure campaign against Iran, vowing to impose sweeping secondary sanctions on any country or individual purchasing Iranian oil or petrochemicals, in a move that
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In a major legal showdown that could reshape the future of artificial intelligence and copyright law, Meta will face a group of prominent US authors in court on Thursday over allegations that
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Tesla chair Robyn Denholm has publicly denied reports that the company’s board is seeking to replace CEO Elon Musk, following a sharp drop in sales and growing controversy over Musk’s political ties,
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Rogo, a rising AI start-up aiming to replace the grunt work of junior investment bankers with a chatbot, has secured $50 million in Series B funding led by Thrive Capital, the venture
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Two of Europe’s largest airline groups, Air France-KLM and Lufthansa, have issued cautious warnings about softening demand for travel to the United States among European tourists, citing political uncertainty and concerns over
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The Joint Apparel Association Forum (JAAF), Sri Lanka’s leading apparel industry body, has thrown its full support behind the government’s efforts to secure more equitable tariff terms in ongoing trade discussions with
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Chinese investors are pouring into gold-backed funds at an unprecedented rate, accounting for more than half of global bullion exchange-traded fund (ETF) inflows over the past month, according to the Financial Times.
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Microsoft has pledged to legally defend continued access to its cloud services on the continent — even if it means challenging the U.S. government in court. The announcement comes amid renewed fears
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Marks & Spencer has been hit by a major cyberattack, reportedly carried out by a hacking collective known as Scattered Spider, causing widespread disruption across its UK operations. According to a report
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