Saudi Aramco CEO: Strait of Hormuz Closure Costs 100 Million Barrels Weekly
The CEO of Saudi Aramco reports a weekly loss of 100 million barrels due to the Strait of Hormuz closure, driving oil prices higher. US President Trump commented...
The CEO of Saudi Aramco reports a weekly loss of 100 million barrels due to the Strait of Hormuz closure, driving oil prices higher. US President Trump commented...

Somali piracy is back, fueled by rerouted shipping traffic and stretched naval patrols. This resurgence drives up insurance, fuel, and security costs,...

Ohio Governor Mike DeWine has directed the state to halt new tax credit applications for data centers, initiating a study into their...

JPMorgan Chase CEO Jamie Dimon announced the bank could allocate $10-20 billion for potential acquisitions in the next few years, despite high...

Consumers are proactively adjusting finances anticipating higher costs. Banks are responding by offering tools to forecast financial pressures before they become acute.

A new Federal Reserve Bank of New York survey shows food insecurity in the U.S. is now higher than during the peak...

Mizuho Financial Group CEO Masahiro Kihara has suggested the Bank of Japan consider an outsized interest-rate increase to combat inflation, a move...

Braze (BRZE) has raised its FY 2027 revenue outlook to $895M-$899M and projects a Q2 operating margin of ~8%, following strong Q1...

SMBC and Toshiba have jointly developed new equity indices for Japan and U.S. markets, leveraging advanced quantum-driven technologies for enhanced diversification.

Salesforce (CRM) raised its FY 2027 revenue guide to $45.9B-$46.2B and launched a $25B accelerated share repurchase, signaling strong performance and shareholder...

Major US stock indexes, including the S&P 500, Dow, and Nasdaq, climbed to new record highs on Wednesday, fueled by a significant...
A major review warns one in six young people will be out of work or training in five years, citing systemic failures and a 'thinned' career ladder.

Currency traders are keenly awaiting Friday's official data from Japan's finance ministry, which will detail the scale of recent yen intervention as...

Canada has finalized a deal to export up to 1 million metric tons of liquefied natural gas annually to Germany, marking a...

An Adnoc LNG tanker, the Umm Al Ashtan, has exited the Strait of Hormuz, delivering cargo to India, contributing to a recent...

Gulf shrimpers are struggling with diesel prices surging over 50% in three months and facing intense competition from cheap imports, pushing many...

Singapore's MTI warns of rising macro risks for 2024 due to Middle East conflict and global energy crunch, despite a robust 1%...

The Trump administration's "Economic Fury" campaign has failed to significantly alter Iran's economic resilience, with experts suggesting US sanctions power has reached...

Africa's energy sector is rapidly transitioning to solar, wind, and battery storage, driven by lower costs and faster deployment. Industry leaders confirm...

The IRS is implementing an electronic case management system to address $3.2 billion in unidentified taxpayer payments, responding to TIGTA recommendations.

Many retirees, driven by fear, underspend their savings, missing out on a fulfilling lifestyle. Morningstar research shows half use overly simple strategies,...

U.S. Treasuries rallied across the curve, with yields falling, as investors grew more optimistic about a potential US-Iran deal, easing inflation expectations....
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