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...

Beijing’s Calm in the Storm: A Calculated Response to US Fury

Amid a storm of market fury unleashed by the United States, Beijing has responded with a calculated and notable calm. While its words were...

OpenAI’s Power Play: Secures Massive Chip Supply and Influence with AMD Deal

OpenAI has executed a brilliant power play, securing not only a massive supply of essential AI chips but also significant influence over a key...

Beyond the Hype: UK’s Overall Car Market Recovery Remains a Slow Burn

While the electric vehicle sector grabs the headlines with its record-breaking boom, the recovery of the UK's overall car market remains a slow burn,...

The Context King: Why DeepSeek’s Long-Text AI is a Game-Changer

In the realm of artificial intelligence, context is king, and DeepSeek has just made a powerful play for the throne. Its new V3.2-Exp model,...

After Mass Exodus, Net Zero Banking Group Admits Defeat

The Net Zero Banking Alliance (NZBA) has admitted defeat. Following a mass exodus of its most influential members, the global banking group has announced...

A Bet on British Production: Tata’s Tactical Purchase from Scunthorpe

In a tactical bet on the importance of British production, Tata Steel made the unconventional move to purchase raw materials from its rival, British...