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 ...
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