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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...
Chinese overseas M&A hits 5-year high despite regulatory barriers
Offshore transactions worth nearly $10bn in first quarter as companies target foreign resources, consumer and manufacturing sectors
Citi disappoints investors with modest profit targets
Wall Street bank seeks to persuade investors that the hard part of a years-long turnaround is done
McDonald’s warns of price pressures from rising beef and energy costs
Fast food group beats expectations but executives say rising expenses are constricting cash flows for franchisees
NBA offers $3bn sweetener for European basketball league bids
US league looks to reassure potential team owners over slow path to profits
Africa’s richest man Dangote plans London listing of cement empire
Billionaire behind $13bn company says rule changes to encourage UK listings make plan more attractive
Wall Street rebound driven by smallest number of stocks on record
Soaring S&P propelled by Big Tech equities prompts warnings about ‘fragility’ of rally
Let’s stop blaming retail investors for wonky markets
They are finance’s saviours as well as its villains
Rubio seeks to mend ties with Pope Leo after Trump row
Secretary of state dispatched to Vatican to defuse tensions over Iran war
Can Europe close the AI gap with the US and China?
Also in today’s newsletter: a new company seeks to tackle the power constraints on European data centre growth
Oil falls back below $100 on hopes of US-Iran deal
Tehran is reviewing a Washington-backed proposal that Donald Trump says could bring the conflict to an end
UK and US launch disease control measures over hantavirus
Some passengers had already left cruise ship struck with rodent-borne illness before alarm was raised
How the oilman’s president boosted a green transition
Donald Trump’s Iran war has made fossil fuels expensive and unreliable