Business

Stocks Waver Ahead of PPI, Earnings, Brent Hits $102, Trump Vows Midterm Payout to Voters

US equity futures waver ahead of PPI data, Oracle earnings and a rate decision from the European Central Bank. Brent crude reaches $102 a barrel as Iran is said to be ready to intensify its counterattacks if the US continues its strikes…

REN stake could speed up investment and cut electricity prices

The 13.7 percent acquisition marks the State’s return to REN after more than a decade, as the government seeks to expand grid capacity for renewable energy.

Futures Muted Ahead of PPI Data, Oracle’s AI-Signaling Results

US futures were little changed Thursday morning as investors awaited inflation data and results from Oracle Corp. that were set to test investor tolerance for artificial-intelligence spending risk. Oil’s relentless climb as Iran signaled…

Oil Buyers Question Whether China Will Take Action to Restrain Prices Again

Slashing crude imports, as Beijing did in early in the war, may no longer be an option.

Exclusive-UK deepens reliance on Musk's SpaceX, spending nearly $40 million on satellite services

Amazon backs Ariane with rocket launch orders as Europe battles to close its space gap

The deal hands the continent's space industry a commercial boost as governments push for greater sovereign capabilities.

Hong Kong’s first leader Tung Chee-hwa to be honoured with state funeral

Hong Kong authorities are coordinating a state funeral for the city’s first chief executive, the late Tung Chee-hwa, the South China Morning Post has learned, honoring his legacy as a deputy national-level leader and his contributions to…

Tanzania: Value Addition Set to Boost Export Earnings

[Daily News] Dar es Salaam -- THE growing shift from raw agricultural exports to processed and value-added products could significantly increase foreign exchange earnings and create more jobs, according to the Tanzania Trade Development…

Investors are missing the good news right in front of them, this Wall Street strategist argues

Investors may have underappreciated just how strong second-quarter earnings were.

Weak peso not yet structural threat to bond market, Manulife says

MANILA, Philippines — The peso’s depreciation has not yet become a structural threat to Philippine bonds. Still, prolonged weakness could become more disruptive if it feeds into inflation expectations and broader economic imbalances…

Liberia: Don't Fix Bad Loans By Killing Good Credit

[Liberian Observer] Liberia cannot solve its bad-loan problem by creating a no-loan economy. As regulators, bankers, businesses and development partners confront the stubborn problem of non-performing loans, their greatest challenge is not…

Iraq Tendering for Two Oil Supertankers to Go Through Hormuz

Iraq is holding a tender to hire two or more oil supertankers to perform transits through the Strait of Hormuz, a step that would help to ensure the country’s crude exports while the waterway remains under military threat.