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
President Donald Trump has developed an intense focus on shipbuilding, even texting about rust issues late into the night, according to John Phelan, his nominee for Navy secretary. He has also floated
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The Trump administration is in exploratory talks with the Democratic Republic of Congo (DRC) over a potential mineral deal that could grant U.S. companies access to the country’s vast reserves of critical
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Apple has confirmed a delay in rolling out new artificial intelligence features for its Siri voice assistant, potentially setting back its efforts to compete with AI advancements from rivals such as Google
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Tensions between PwC and Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), escalated last year over the Big Four firm’s plans to hire a senior executive from Neom, one of
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NDB Bank is excited to introduce ‘NDB Pixel,’ an innovative digital banking solution designed specifically for Sri Lankan teenagers aged 13 to 18. This initiative marks a significant step toward fostering a
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Air France-KLM is banking on high-spending American tourists to fuel its recovery after a difficult year, according to CEO Ben Smith. The airline has seen “amazing” demand for premium travel, particularly from
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Japan’s 10-year government bond yields climbed to their highest level since 2009 on Thursday, driven by a global bond sell-off triggered by Germany’s decision to ramp up defense spending. The yield on
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HSBC has scrapped the controversial “eastern markets” and “western markets” labels for its newly reorganized business divisions, just months after introducing them. The rebranding follows internal concerns and renewed speculation that the
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Former UK Prime Minister David Cameron has taken up a part-time, paid advisory role at Finback Investment Partners, a private equity firm founded and chaired by Jeb Bush, the ex-governor of Florida
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Jeff Bezos is transforming Blue Origin with a no-nonsense, high-pressure approach similar to Amazon’s corporate culture as he aims to close the gap with Elon Musk’s SpaceX. The billionaire’s hands-on involvement has
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Global oil prices tumbled to their lowest levels in three years as concerns over weakening U.S. demand and increased crude supply weighed on the market. Brent crude fell below $70 per barrel
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A coalition of billionaire investors, including BlackRock CEO Larry Fink, infrastructure mogul Adebayo Ogunlesi, and Hong Kong tycoon Li Ka-shing, has orchestrated a $22.8 billion acquisition of key global ports—most notably, two
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U.S. President Donald Trump has intensified his assault on the international trade system by imposing steep tariffs on major economic partners. On March 3, Trump announced a 25% tariff on imports from
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Wolfgang Porsche, the 81-year-old head of the Porsche dynasty, is facing public backlash over his controversial plan to build a 500-meter tunnel and private garage beneath one of Salzburg’s most iconic landmarks,
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OPEC+ has announced it will move forward with plans to increase oil production starting in April, a decision that caught markets off guard and led to a sharp drop in crude prices.
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