Iran said the ‌Strait of Hormuz will reopen, sending Brent futures below $90 a barrel. Even if it holds, the ​wait for ships ...
The fund has put China’s ​external surplus, projected to ​remain at 0.5% of global ⁠GDP, at the center ​of this week’s meetings in ​Washington. But international bodies’ reluctance to confront ...
The trailblazing televised retailer collapsed under $6.6 bln of debt and ​aims to rebuild leaner on ​TikTok. Streaming is partly to blame, ⁠but buying e-commerce outfit Zulily ​and rival HSN in ...
Orange, Bouygues and Iliad upped their offer for the telecom tycoon's SFR ​to $24 bln. The price may ​leave Drahi with a good ...
Campaigners want ​the country’s health service to ditch a $450 mln contract ‌with the US software group. If the UK had a blank sheet of paper, it wouldn’t allow a foreign firm such ​influence over its ...
Despite jibes from Treasury ⁠Secretary Scott ​Bessent, the multilateral ​lender continues to enjoy American support. Its ...
Like ‌Steve Jobs, the streaming entrepreneur wrongfooted rivals with oft-derided strategic audacity. He's also ​departing the $460 bln company with ​new leadership firmly in place as ⁠tech undergoes ...
Founder Evan Spiegel is ​largely ignoring demands ​from a pushy investor. ⁠Sure, he’s laying off ​16% of workers at ​the $10 bln social media firm, but a risky smart ​glasses program continues.
France's $40 ‌bln Kering vowed to more than double its operating margin at its capital markets ​day, but disappointed ...
Debate once raged over whether post-Covid price rises would be transitory. ​Today’s worry is the ​Gulf conflict’s 13 ...
Iran's grip ​on the ​oil bottleneck has seen at ⁠least one ​ship pay $2 mln to ​pass. Even if it charged a lower rate ​of $1 ...
Conflict in the Gulf encourages oil exporters to seek alternatives to US dollar payments. ​That may benefit China, which ​pays for just 30% of its ⁠trade in yuan. Yet unless the ​People's Republic ...