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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...
Trump sons back $1bn vehicle targeting sectors championed by US president
Eric Trump and Donald Trump Jr invest in entity channelling money into companies in AI and drone sectors
Macquarie’s commodities boss paid more than CEO as profits soar
Simon Wright awarded A$35mn annual pay as energy markets drive bumper returns at ‘millionaires’ factory’
Paying with your face will become mainstream, says Korean fintech group
Toss aims to ‘eliminate physical credit cards’ in South Korea in three years
Starmer braces for heavy Labour losses at polls as results start coming in
More than 5,000 council seats are up for grabs in England, as parties also vie for control of the Scottish parliament and Welsh Senedd
US and Iran clash in Hormuz as ceasefire comes under strain
Washington says it launched strikes after Tehran attacked American destroyers
Trump’s 10% global tariff ruled illegal by US court
US Court of International Trade says levies applied under Section 122 of trade act are ‘unauthorized by law’
Trump extends EU trade deal deadline while issuing fresh threa
The US president says he will hit the bloc with ‘much higher’ tariffs if it does not implement agreement by July 4
US fund threatens to divest TotalEnergies stake over offshore wind exit
Symbolic move indicates growing resistance to Trump administration’s payments to stop such projects
‘Blissful ignorance’: Milken elite bask in glow of roaring markets
Financiers at the Beverly Hills gathering brush aside concerns over Iran conflict and private market strains
Trump halted ‘Project Freedom’ after Saudi Arabia withheld support
Riyadh said it would not allow US warplanes to use its bases or airspace in plan to guide commercial ships through Strait of Hormuz
IMF warns new AI models risk ‘systemic’ shock to finance
Fund says preparations needed for ‘inevitable’ AI-enabled breaches of financial institutions’ cyber defences
EU prepares for ‘potential’ talks with Putin, says official
European Council president António Costa says bloc has Kyiv’s support for seeking to negotiate with Russian president