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Commodity FX: Growth constraints cap carry – BNY
BNY’s Geoff Yu notes that a less hawkish Fed has weakened the Dollar but failed to spark a sustained...
Refinery Attacks Deepen Global Diesel Supply Crunch
Diesel prices surged earlier this week on news about yet another Ukrainian attack on a Russian refin...
Update: US Equity Indexes Rise as Chipmakers Boost Technology, Cooling Inflation Lifts Bets for Fed Policy Pause
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit...
Investing in an age of lawlessness
Copying the investments made by Trump and other political elites is one potential tactic but it carries risks
World Cup goals spree by star players proves costly for gambling companies
Performance of top strikers and victories for popular teams have cost DraftKings as much as $50mn
Gymshark founder in talks to buy back stake from General Atlantic
34-year-old Ben Francis is seeking to cement his control over fitness brand after a rocky period for the business
Iran readies mega-funeral for slain supreme leader
Six-day ceremony for Ayatollah Ali Khamenei anticipated to be largest of its kind and provide clues of regime’s strength
Exxon’s comeback
Darren Woods has become the most powerful oil industry chief executive for a generation by testing the limits of corporate power
Albania’s flamingos meet the Trump family bulldozers
Jared Kushner and Ivanka Trump plan a luxury residential complex that locals say will threaten a natural reserve
All hail the King of the North! But which north?
Andy Burnham’s fantasy realm will fall apart if it’s allowed contact with messy geographical reality
What wealth meant to Americans in 1776
Land, credit and enslaved people made up people’s fortunes on the eve of revolution
Canada unveils plans for new oil pipeline to break dependence on US
Project to supply Asia with 1mn barrels per day is part of push to reduce over-reliance on US amid trade hostilities
‘Heat dome’ over eastern US sends electricity prices soaring
More than 150,000 households left without power as temperatures near 40C strain utility grids
UK finds lost US Declaration of Independence copy after 250 years
Document revealed by National Archives ahead of its anniversary on Saturday
Blackstone’s QTS ends Virginia data centre project after protests
Proposed campus becomes the latest casualty of growing backlash to the facilities in the US