Business

BP Pivots to Core Business, Slashes Value of Green Assets by $5bn

In a move that underscores its renewed commitment to traditional energy, BP stated it would write down the value of its green energy business by as much as $5...

Trump Targets Iran’s Lifelines: New Tariffs Threaten China and India

President Donald Trump has launched a direct economic assault on Iran’s remaining economic lifelines, announcing a 25% tariff...

Trump Shake-Up: Banks Brace for Impact Over 10% Rate Cap

The banking world is scrambling to assess the fallout after Donald Trump announced a controversial new policy to...

Oil Majors Plan Investments with Venezuela Supplying Oil to US Indefinitely

Top executives from Chevron, ConocoPhillips, and ExxonMobil are scheduled to meet President Trump Friday to discuss potential multi-billion...

Corporate Caution Follows Trump’s Bold Venezuela Oil Reconstruction Announcement

President Trump's declaration that US oil majors will invest billions in Venezuela has generated surprisingly muted reactions from...

Sora Gets Access to Disney Magic in Billion-Dollar AI Deal

OpenAI's video platform Sora has gained access to some of entertainment's most recognizable characters through a $1 billion deal with Disney. The licensing agreement...

US Senate Divided as Border Security Debate Intensifies

The debate over border security in the United States entered a new phase this week as senators clashed over proposed amendments aimed at reshaping...

Breaking: Apple’s Design Boss Alan Dye Makes Surprise Move to Meta

In a stunning development, Alan Dye is leaving Apple to join Meta in a newly created leadership position. Dye, who has spent nearly 20...

US-India Trade Deal Within Reach as Negotiations Resume Next Week

Next week will witness another crucial round of trade negotiations between the United States and India as a Trump administration delegation travels to New...

Government Defends Pharmaceutical Deal Despite £3 Billion NHS Cost Increase

Britain has finalized a pharmaceutical trade agreement with the United States requiring the National Health Service to increase spending on innovative medicines by 25%...

JP Morgan Plans Giant London HQ as Goldman Sachs Boosts Birmingham Team

Two of the world’s most influential financial institutions have announced major UK expansion projects shortly after the government decided against raising bank taxes in...