Business

How the U.S. Navy Is Helping Get Oil Through the Strait of Hormuz

The New York Times

How the U.S. Navy Is Helping Get Oil Through the Strait of Hormuz

With Iran making ship traffic perilous, a U.S. operation offers a way out for some energy exports, stealthily shepherding tankers on dangerous journeys.

The New York Times

Strategic Value Partners Considers Sale of APCOA Parking

Strategic Value Partners is considering a sale of APCOA Parking Holdings, which could fetch €2 billion ($2.3 billion) to €2.5 billion, people familiar with the matter said.

Moderna’s cancer shot: exciting for investors, inconclusive for patients

Financial Times

Moderna’s cancer shot: exciting for investors, inconclusive for patients

A glimmer of hope for sufferers, a potential revenue platform for a cash-burner, and a whole heap of unknowns

Financial Times

Carvana shares are under pressure this week as Mark Walter probe fuels investor jitters

Carvana shares are under pressure this week as Mark Walter probe fuels investor jitters

The scrutiny raised questions about what could happen to Walter's Carvana position if fallout from the investigation pressures him to raise cash.

TASS

China may reduce reliance on Straits of Hormuz and Malacca via NSR — Fortune

According to the publication, interest in the Arctic route has surged following the effective suspension of shipping in the Strait of Hormuz due to the war involving the US, Israel, and Iran

TASS

Arsenal chief calls for clarity on Man City charges

The Punch

Arsenal chief calls for clarity on Man City charges

Arsenal’s chief executive calls for clarity and a speedy resolution on the Man City charges, involving over 100 alleged breaches of financial rules. Get th Read More: https://punchng.com/arsenal-chief-calls-for-clarity-on-man-city-charges/

The Punch

Merck, Moderna Stocks Soar After Melanoma Trial Success

Shares of Moderna and Merck soared on Wednesday morning after a study showed that a vaccine they produced had promising results when it comes to fighting skin cancer. A late-stage trial showed that the mRNA vaccine helped reduce the…

Nvidia plays matchmaker in Nordics, sources tell CNBC, as AI data center deals boom in region

Nvidia is trying to connect GPU customers with Nordic data-center operators as cheap power and available land fuel the region’s AI infrastructure boom.

ECB unveils new banknote designs with a defiant message: Don't count cash out yet

Euronews

ECB unveils new banknote designs with a defiant message: Don't count cash out yet

With cashless payments on the rise, and a growing belief that cash is being replaced by the digital euro, the European Central Bank (ECB) is introducing new banknotes carrying a clear message to citizens: cash is here to stay.

Euronews

From pillow speakers to acoustic headbands, five weird sleep products our writers have tested

The Guardian

From pillow speakers to acoustic headbands, five weird sleep products our writers have tested

Whether you’re having difficulty falling asleep or looking for a deeper rest, this pillow, eye mask and other products are tried and tested by our staff This story was originally published in the Filter US newsletter on buying fewer…

The Guardian

SK Hynix Announces $29 Billion Share Buyback Plan

SK Hynix shares surged following the announcement of a nearly $30 billion share buyback program. Bloomberg's Ed Ludlow explains that the buyback aims to stabilize the stock after significant volatility, with shares having risen sharply in…

Kazakh Sovereign Wealth Fund to Ramp Up International Bond Sales

Kazakhstan’s sovereign wealth fund is sounding out investors as it prepares to step up international bond sales, according to people familiar with the matter.