Business

In letter to PM Shehbaz, South Korean company alleges unfair stonewalling of $1bn investment plans in Pakistan

ISLAMABAD: Korea South-East Power Co. Ltd (KOEN), a state-owned company of the Republic of Korea, has approached the prime minister over “unfair” treatment of its $1 billion investment plans in Pakistan, which were stonewalled during the…

Albertsons stock plunges as it says weaker grocery spending will cut into sales and earnings

Shares of Albertsons sank Thursday after the grocer reported softness in its core business and lowered its full-year outlook as a result.

Trump says Saudi nuclear deal depends on relations with Israel

Crown prince has insisted any rapprochement with Israel would depend on steps towards establishing Palestinian state

Canada-EU: Closer trade ties to counter Trump?

Given they share the world's longest land border, Canada and the US have historically enjoyed fruitful trade relations. But with Donald Trump escalating his tariff war, Canada is looking to the EU and further afield.

Oil price passes $100 a barrel again as Middle East conflict escalates

Benchmark rises sharply over fears Houthi militia could strangle Saudi exports as US-Iran fighting intensifies The oil price has climbed back above $100 a barrel for the first time in two months, as a fresh escalation of the Middle East…

Brent crude tops $100 a barrel. How the next stop could be $120

Goldman Sachs warns on oil prices and so called tank bottoms ( and loves a new natural gas-related name).

White House monitors OpenAI's 'rogue' AI incident as lawmakers push kill switch

AI 'kill switch' bill floated by US House lawmakers

Oil prices jump as Hormuz, Red Sea crises deepen

Renewed strikes on shipping in the Gulf and the Red Sea have dealt a fresh double blow to global oil markets. As prices climb once again, DW examines what else could keep them elevated.

IBM lowered its guidance. Now it’s time to deliver, analysts say.

Despite lowering guidance for revenue, IBM maintained its expectation for free cash flow to increase by about $1 billion in 2026.

Dinosaur-era fossil provides insight into snake evolution

BlackRock Says Focus on Credit Income in a Volatile Market

BlackRock Inc. is making the case for European corporate bonds even though their spread is close to the tightest on record.