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Why the Next Billion Barrels of Oil Demand Could Come From Storage
The closure of the Strait of Hormuz and the stranding of more than 10 million barrels per day (bpd) ...
Wall Street ends lower as AI spending concerns mount
STORY: A down day on Wall Street Tuesday saw the Dow edge lower, while the S&P 500 tumbled nearly on...
EU allies join US pact to break reliance on Chinese AI supply chains
Jacob Helberg, architect of Pax Silica, tells the FT the American-led group will boost innovation...
Beer can boost ‘spiritual or mental’ health, says Kirin president
Japanese brewer’s Takeshi Minakata says alcohol ‘can be a good thing’ as it ‘helps make people happy’
Cuba passes ‘urgent’ reforms to liberalise economy under US pressure
Measures could be communist island’s biggest shake-up since the early years of the revolution in the 1960s
AbbVie closes in on nearly $11bn deal for biotech Apogee Therapeutics
Buyout comes amid an uptick in biotech dealmaking as Big Pharma seeks to bolster its drug pipelines
The Knicks’ victory points to the value of scarcity
The NBA team’s value continues to rise as investors chase a limited number of assets
Russia’s absent central bank chief
Elvira Nabiullina has been a no-show at several recent high-profile events, sparking speculation about a shake-up
‘Hawkish shift’ in US rates upends global currency bets
Expectations of a Fed rate rise trigger reversal in emerging market and commodity currencies
Xi wants China to boost demand. Why isn’t it working?
Activity is sputtering midway through 2026, undercutting efforts to galvanise the economy
SpaceX plots $20bn bond deal after record IPO
AI and rocket group is tapping debt markets after raising $86bn in stock market debut
Burnham hoping to win UK by-election as Starmer’s future hangs in the balance
Victory for the Labour leadership hopeful would herald further upheaval in British politics
JD Vance lashes out at Israeli government over Iran deal criticism
US vice-president says Israelis who find fault in agreement with Tehran need ‘to wake up and smell the reality’
US Supreme Court narrows law barring drug users from owning guns
Justices side with a casual marijuana user challenging his ban under legislation used to prosecute Hunter Biden
Ships divert in hunt for fuel after Gulf conflict hits supplies
Bosses warn of continued disruption despite Iran-US deal to end war and open the strait