Business

U.S. Strategic Petroleum Reserve faces stress as emergency releases strain old infrastructure

The reserve has an authorized storage capacity of 714 million barrels, according to the Department of Energy.

Price of Brent oil down below $83 per barrel on London’s ICE first since July 17

As of 7:40 p.m. Moscow time, the Brent price was down by 6.32% at $82.4 a barrel

Burnham bounce: Labour overtake Reform in polls – The Latest

Labour has overtaken Reform UK this week for the first time since March last year, according to multiple polls. The ‘Burnham bounce’ comes two weeks into Andy Burnham’s tenure in No 10, during which he has made major announcements on the…

Ebay pays couple $56mn for its role in cockroach harassment campaign

Couple received threatening deliveries including funeral wreath after criticising ecommerce retailer in blog

ASM Outlook Beats Estimates as AI Boosts Demand for Chip Tools

ASM International NV forecast revenue for the third quarter that beat analyst estimates, with the artificial intelligence infrastructure build-out driving demand for the chip-equipment maker’s tools.

JBS, Marfrig Cattle Supply Boost as US Reopens Mexico Border

Brazil · Business JBS Marfrig cattle supply prospects improved sharply after the United States government announced a phased reopening of its southern border to Mexican cattle imports, ending a closure triggered by a New World screwworm…

The Iran War Just Put Another Key Oil Route at Risk

Attacks in the Strait of Hormuz during the Iran war have led Saudi Arabia to rely on an alternative route for exporting oil. Our reporter Rebecca F. Elliott explains how that route is now threatened by the Houthis, a Yemeni militia…

Koch Said to Weigh $15 Billion Sale of Data-Center Player Edged

Koch Inc. is exploring a sale of Edged, the data center developer it cofounded to build projects for the biggest hyperscalers, according to people with knowledge of the matter.

Were You Stuck Footing the Bill on a Group Trip? Tell Us About It.

Traveling with friends can be tricky. We’re curious how you manage financial friction — and how you make sure your besties settle up.

Oil prices fall 5% to two-week low on hopes for US-Iran conflict easing

As Cyclospora Cases Climb, FDA Official Says Food Supply Is Safe

The acting deputy commissioner for food said the agency was taking action even though finding the root cause of the outbreaks is difficult.

ASMI lifts 2027 outlook, forecasts third-quarter revenue above estimates