Business

US Oil Growth Faces Headwinds as Shale Producers Cut Spending

Some of the largest US oil companies are dialing back capital spending in the country’s shale basins as they use the windfall from high crude prices to boost shareholder returns and pay down debt rather than accelerate production growth.

Hunt for AI-Proof Trades Turns Convenience Shops Into Hot Stocks

Convenience store stocks are having their moment, riding a wave of investor demand for more defensive plays as angst over the sustainability of the artificial intelligence boom and the ongoing conflict in Iran drive increased market…

‘FOMO Insurance’ Drives Options Buying Spree as Stocks Rally On

As the stock market keeps surging to record highs, a growing worry among investors isn’t that it may come tumbling back down. It’s fear of missing out.

Tesla’s stock is bouncing. Here’s what the options market says you should do.

Here’s what the options market is saying you should do with Tesla’s stock, and as Target and Walmart report earnings next week.

Indonesia’s 2027 Budget Positions Miners, EV Makers as Winners

Miners, electric vehicle manufacturers, and battery producers are set to win big under Indonesia’s state budget next year, analysts said. The gains will be driven by President Prabowo Subianto’s push to boost the commodity sector and slash…

US nuclear negotiator Ernest Moniz: ‘Iran has the home-court advantage’

The architect of the 2015 deal with Tehran on how to prevent a new Middle East arms race

Airtel Mulls UK Listing of its Money Unit in Dollars

Airtel Africa Plc is considering having its mobile payments arm trade in US dollars when it lists it in London later this year, an arrangement that’s only been seen a handful of times.

Oil Spills Show Cost of Keeping Middle East Barrels Flowing

As producers keep crude moving during the war, leaks across the Gulf are exposing the growing environmental toll.

Data centers in space could be a new frontier for insurers — if they can price the risk

The push to build data centers has moved to lower Earth orbit, and insurers could be facing a new market with plenty of complexity.

Partners Group Becomes Worst Performer Among Europe Financials

Partners Group Holding AG became the worst performing stock in MSCI’s sector index for European financial companies this year, signaling investor concern over redemptions from its popular evergreen funds.

Amazon Delivery System Under Pressure From New York City Proposal

A city council proposal calls for Amazon to hire its contract delivery couriers

Oil set for weekly gains after US threatens indefinite blockade of Iran