Oil Advances After Fed Signals Possible Return to Rate Cuts
Storage tanks at an oil refinery in Mumbai. Photographer: Abeer Khan/Bloomberg (Bloomberg) — Oil advanced, solidifying gains from…
Trump Says South Korea Tariff Deal Will Stay, Despite Lee’s Push
(Bloomberg) — President Donald Trump refused to change the terms of South Korea’s tariff agreement, despite a lobbying…
Russia needles Nato by escalating signal spoofing in Baltic nations
Nato’s easternmost member states are grappling with a sharp rise in radio and satellite interference, with Baltic governments…
Credit Fuels the AI Boom — and Fears of a Bubble
Sam Altman (Bloomberg) — Credit investors are pouring billions of dollars into artificial intelligence investments, just as industry…
Oil Rises as Possible Rate Cut Outweighs Bearish Supply Outlook
Oil refineries in Mumbai. Photographer: Abeer Khan/Bloomberg (Bloomberg) — Oil rose after Federal Reserve Chair Jerome Powell signaled…
EU, US Reach Agreement On Joint Statement Outlining Trade Deal
It’s also opening the prospect for discounted rates on some steel, aluminum and derivative products under a quota…
US Hits Greek Shipper, China Ports in Push Against Iran Oil
Tankers in Spain Photographer: DeAgostini/Getty Images (Bloomberg) — The US sanctioned a Greek shipper and two Chinese port-terminal…
Oil Swings as Mixed Inventory Data Vies With Ukraine Peace Talks
(Bloomberg) — Oil fluctuated as investors weighed an increasingly bearish supply outlook against slowing progress in peace talks…
Oil Rises Amid Large Inventory Draw, Russia-Ukraine Talks
(Bloomberg) — Oil rose after a weekly report from the Energy Information Administration showed a 6-million-barrel decline in…
China Prepares to Trim Oil Refining Sector
The Chinese government is planning to reduce the number of oil refiners and petrochemicals producers in the country…
ECB’s Rebel Voice Bows Out With Plea for Greater Transparency
Robert Holzmann (Bloomberg) — The European Central Bank’s most rebellious interest rate-setter has one last suggestion before he…
Japan’s SoftBank to invest US$2 billion in Intel as part of US push
SoftBank Group agreed to buy US$2 billion in Intel stock, a move that extends its US investment effort…