PwC has instructed nearly 300 of its US partners to sever ties with Black River Management, a small brokerage firm offering speculative small-cap investments, following an internal investigation into their relationships. The
by Our Economic Affairs Editor If you read markets today as anything other than a speculative mirror reflecting its own adrenaline, you are not paying attention—or worse, you are being paid not
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BYD Chairman Wang Chuanfu said on Tuesday that he expects the Chinese electric vehicle maker to become the world’s largest automaker within five years, making the statement at the company’s annual shareholder
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The artificial intelligence industry has entered a phase of extraordinary financial acceleration, with leading developers and major technology corporations preparing for a surge of public listings and capital-raising operations that could reshape
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John Pederson thought he had found a way out. Injured in a car crash and unable to work, the former line cook from Outback Steakhouse turned to prediction markets in a bid
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BP Plc reported a dramatic surge in first-quarter earnings, driven by soaring oil prices and exceptional performance in its trading division following the outbreak of war involving Iran. The London-based energy major
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It is disheartening to see even the streets turn into holding pens for people queuing for rationed fuel. This scarcity lays bare the country’s condition. Yet the issue is not which foreign
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A relatively small investment by one of the world’s most prominent mining families has turned into a billion-dollar windfall as the global surge in gold prices fuels dramatic gains in mining companies.
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British finance minister Rachel Reeves will accompany Prime Minister Keir Starmer on a high-profile visit to China next week, highlighting the UK government’s determination to deepen economic engagement with the world’s second-largest
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The European Union is preparing a major shift in its security and technology policy, with Brussels set to propose phasing out Chinese-made equipment from critical infrastructure across the bloc. The move would
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On paper, 2026 is shaping up to be a benign year for oil importers, with global supply expected to comfortably outpace moderating demand. Brent crude prices are already well below last year’s
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