Business

The Irony of the Iran Conflict: A War Over Oil May Accelerate America’s Departure From It

There is a deep irony at the center of the current moment. A military conflict involving oil-producing Iran, which has pushed gasoline to $3.90 per gallon in the United...

US Oil Prices Expected to Remain Volatile as Iran Conflict Drags On

The ongoing US-Israel military campaign against Iran is keeping US oil prices in a state of constant flux,...

Oracle, MGX and Silver Lake Face Massive $10 Billion Bill to US Government Over TikTok

The group of investors who took control of TikTok's US operations from ByteDance are now committed to paying...

Hormuz Blockade Keeps Global Oil Markets on Edge as Prices Revisit $100

The effective closure of the Strait of Hormuz continued to reverberate through global energy markets Thursday, with Brent...

SpaceX Considers Nasdaq for World’s Largest Initial Public Offering

SpaceX is reportedly leaning toward a Nasdaq listing for an IPO that aims for a historic $1.75 trillion...

WTO Sounds Alarm: Trump Tariffs Threaten to Reverse Global Trade Growth

The World Trade Organization (WTO) has issued a stark warning that former U.S. President Donald Trump's sweeping tariffs could reverse global trade progress and...

Goldman Sachs to cut about 3,200 jobs after cost review

According to reports from undisclosed sources, Goldman Sachs Group is set to commence a significant round of layoffs across the company this week in...

After mass layoffs, CEO Sundar Pichai to take salary cut

During a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a significant reduction in annual bonuses for all positions above the...

Global aviation organisation ICAO rejects Spicejet’s audit story

New Delhi: Following SpiceJet's recent claim regarding the strength of its safety processes after an audit by the International Civil Aviation Organisation (ICAO), the...

US announces fusion tech clean energy breakthrough for warming world

New York: The United States has unveiled a groundbreaking achievement in clean energy technology, heralding a potential transformation in global power generation. The breakthrough...