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US hits commercial tanker in Gulf of Oman as tensions flare
The ship tried to break through America’s naval blockade of Iranian ports, Central Command says of i...
Emergency Oil Releases Risk Draining the World’s Last Supply Cushion
Earlier this week, the International Energy Agency, after consulting with G7, said it would release ...
Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade ro...
Dorchester to sell Qatari sheikh’s car over unpaid £460,000 bill
Member of ruling family ran up debt at Mayfair institution equivalent to stay of up to several months
Starbucks bets $1bn on coffee house antidote to lonely digital lives
Easy chairs and rugs are part of chief executive Brian Niccol’s plan to make shops more inviting and boost sales
LIV races to re-sign golfers to clinch $300mn bankruptcy rescue
Under new terms proposed by league players would swap claims for millions in past contracts for equity in new circuit
New Apple CEO to unveil $2,000 folding iPhone
Investors braced for price rises across smartphone line-up as memory costs hit
US Treasury to buy back up to $6bn in long-term bonds
Scott Bessent seeks to steady government debt market with expanded purchase programme
The curse of Jets fandom
Supporting the least successful American professional sports team of the past 15 years requires dedication and tailgate parties
Kushner and Witkoff’s blind amateurism
The misguided belief that dangling potential postwar profits can lead to peace has hampered US diplomacy from Ukraine to Gaza and Iran
Anthropic researcher quits over AI labs ‘gambling with our lives’
Latest departure highlights mounting unease inside Silicon Valley companies racing to build ever more powerful systems
‘I am the house now’: Bessent warns currency traders not to bet against yen
Comments follow last month’s rare joint intervention with Tokyo to support Japanese currency
Oil hits $100 for first time since July
Brent crude advances amid fears of a renewed global supply crunch
Anthropic withheld latest AI model from UK testing agency
Decision to exclude Aisi for the first time has prompted fears inside British government of wider protectionist shift among tech groups
AI borrowing boom shakes up Swiss credit market
Bonds from the likes of Alphabet and Amazon have accounted for more than a quarter of Swiss franc corporate issuance this year