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Oil Resumes Drop as Ships Keep Crossing Hormuz Despite Attack
Oil headed for the biggest weekly drop in a month after transits through the Strait of Hormuz accelerated, although an attack on a cargo ship …
Stocks Waver at End of Bruising Week for AI Trade: Markets Wrap
US stocks edged higher as dip buyers stepped in after a tumultuous week for chipmakers. Oil prices tumbled with more ships crossing through the Strait …
HB Fuller CEO: Moving Portfolio Toward Faster Growth
HB Fuller CEO Celeste Mastin discusses the business of adhesives as they agree to acquire UK-listed AMS. She speaks with Romaine Bostick and Katie Greifeld …
KBW’s McGratty: ‘Bench Is Very Deep’ for JPM Succession
KBW US Bank Research Head Chris McGratty discusses Marianne Lake leaving JPMorgan and what to expect with succession at the company. (Source: Bloomberg)
India’s indigenous drone makers see orders surge for weaponised UAVs
Conflict in Iran pushes New Delhi to focus on domestic defence supply chains
OpenAI Leans Toward Waiting Until 2027 for IPO, NYT Says
OpenAI is leaning toward holding off on an initial public offering until 2027, the New York Times reported, citing three people involved in the company’s …
Apple increases MacBook and iPad prices by 20%
iPhone maker loses $263bn in market capitalisation, blames costs on AI-driven memory shortage
Micron shares jump as blockbuster results spark Wall Street tech shake-up
Apple’s stock slides after company unveils price rises linked to ‘unprecedented’ cost of memory chips
Micron posts 15-fold profit surge in boost for global AI stocks
Chipmaker forecasts sustained demand for computer memory, boosting its shares and Asian markets
Live special: Ten years after Brexit
Can the UK deliver change?
Jair Bolsonaro’s wife accuses stepson of ‘stab in the back’ in election …
Former first lady Michelle lashes out at presidential candidate Flávio in social media video in latest setback to campaign
Fire Breaks Out at Delta Air Lines Refinery in Pennsylvania
A fire broke out at Delta Air Lines Inc.’s refinery in Trainer, Pennsylvania, on Thursday.
Airfares Are Staying High Even as the Jet Fuel Crisis Fades
A historic jet fuel crisis is now fading as prices fall globally, but US passengers are yet to see the benefit with airfares still elevated.
Trump’s Iran deal is better than ongoing war
The president has made many errors in his policy towards Tehran, but signing the MOU isn’t one of them
Trump Requests $11.1 Billion in New Aid for Struggling Farmers
President Donald Trump had a surprise for the farmers he invited for dinner at the White House later Thursday: a request to Congress for $11.1 …
How the 1994 World Cup Changed the Business of Football Forever
The World Cup had been an enormously popular event with surprisingly limited commercial significance; the 1990 tournament in Italy, for instance, lost money for broadcasters. …
RH, the $3bn furniture brand, has moved into Mayfair
As part of a global rollout, the US homeware behemoth now resides at a lavish London address
Red alerts across UK and Europe as heatwave takes a grip
‘London is cooking’, says UN secretary-general, as temperatures reach a new record for June
Dimon promotes two potential successors at JPMorgan
Marianne Lake leaves bank as Doug Petno and Troy Rohrbaugh handed two of its largest divisions
Naval Group Reports Ship Struck in Hormuz as Vessels Turn Back
A UK naval group said it received a report that a vessel was hit by an unknown projectile in the Strait of Hormuz, hours after …
Polish opposition deepens spat with Ukraine
Jarosław Kaczyński calls on government to block Kyiv’s EU accession talks
EasyJet in talks with Castlelake after rejecting £4.9bn takeover offer
Budget airline turned down offer that US private credit group submitted on Tuesday
Switzerland’s Capital Plan for UBS Wins Wholehearted IMF Backing
The Swiss government’s plan to make UBS Group AG hold significantly more capital was praised wholeheartedly by the International Monetary Fund.
SK Hynix ADR Plans Leave Arb Traders Waiting on One Key Answer
SK Hynix Inc.’s planned $29 billion US listing has arbitrage investors dissecting securities filings and peppering brokers with questions about a single unresolved issue: whether …
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