Russian oil sales to China are being hit by a powerful double whammy: escalating Western sanctions and a domestic shortage of import quotas. Chinese “teapot” refiners, the small private players, …
Business
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Nvidia has built a $5 trillion kingdom. The Silicon Valley chipmaker’s market capitalization officially hit $5.05 trillion on Wednesday, a figure that now dwarfs the individual gross domestic product of …
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Elon Musk seized control of Tesla’s earnings call to warn shareholders about what he considers misguided interference from proxy advisory firms regarding his trillion-dollar pay package. The passionate speech came …
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China has issued a direct ultimatum to the Trump administration: abandon the threatened 100% tariffs, or prepare for “resolute measures” in retaliation. This clear and uncompromising stance from Beijing’s commerce …
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For developers working on the cutting edge of artificial intelligence, DeepSeek’s latest release, V3.2-Exp, is a significant development. The experimental model is not just another iteration; it introduces a new …
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The Net Zero Banking Alliance (NZBA), an ambitious UN-convened project to get the world’s banks to decarbonize, is no more. The organization has been shut down with immediate effect, following …
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A climate of fear and uncertainty is descending upon European industry as the United States wields the power to “ad hoc” expand its list of goods subject to steel tariffs. …
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The world is significantly off-course for its climate goals, with a new report from BP projecting a notable surge in oil and gas consumption through 2050. The energy giant’s annual …
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Danish wind power leader Ørsted has sent out a $9 billion financial SOS after its stock sank to an all-time low, a direct result of a newly hostile business environment …
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The financial world is abuzz with news of a major trade action that has directly impacted the shares of Watches of Switzerland Group Plc. The company’s stock fell by as …