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...

An Economic ‘Checkmate’: Trump’s High-Stakes Tariff Move Against Putin’s Allies

President Donald Trump is attempting an economic 'checkmate' in the Ukraine conflict, proposing a high-stakes move against Vladimir Putin's most important allies. The plan...

A Humanoid in Every Home? Musk’s AI Bot Goal Is Key to Payday

A future with a humanoid robot in every home might sound like science fiction, but for Elon Musk, it's a concrete milestone on his...

The Android Shake-up: Ruling Frees Device Makers from Google’s App Bundle

A key, though less-publicized, component of the Google antitrust verdict is a significant shake-up for the Android ecosystem. The ruling prohibits Google from forcing...

Sales are Up, but Levi’s UK is Bracing for a ‘Made in USA’ Boycott

Despite a successful year with sales up 8.8%, Levi's UK is bracing for a potential 'Made in USA' boycott. The company has officially stated...

Market on Edge as Chancellor’s Budget Options Narrow

The market was on edge Friday as investors contemplated the chancellor's narrowing budget options, with a new proposal to tax banks highlighting the difficult...

An Olive Branch for Putin, A Tariff Wall for Modi: US Policy in Focus

The current foreign policy of the United States can be seen as offering an olive branch to Russian President Vladimir Putin while simultaneously building...