Business

Middle East: Oil surges as Gulf tensions escalate

Yemen’s Iran-backed Houthi rebels say they attacked two Saudi oil tankers in the Red Sea on Thursday, marking their first reported strike on a vessel since announcing a blockade of Saudi-linked shipping through the Bab el-Mandeb Strait…

Iran War and Trump’s Tariffs Threaten a Resilient US Economy

As renewed fighting with Iran sends oil and gas prices soaring, President Trump has imposed new global tariffs that could push up prices further.

Is the Amaury Family, Owners of the Tour de France, Hurting Cycling?

The Amaurys of Paris own the race, but won’t share any of the $170 million in media revenue. Sponsors and riders say their resistance is dooming the sport.

Hollywood home of Martin Short’s late daughter is listed for $1.8 million

The California home where Martin Short’s daughter, Katherine, died has been listed for sale, just five months after her death.

Trump’s new tariffs, stock market intervention, mega IPOs

The US imposed tariffs as high as 12.5 per cent on 60 trading partners, including China, after President Donald Trump adopted a different method for pursuing his global trade war. The levies, which are related to forced labour, replaced a…

An A.I. Music F.A.Q.: Can I Remix Madonna? Is This All Legal?

Advances in A.I. are making it possible to create all kinds of music from scratch, but they also raise questions about what is legal and who will actually listen.

Treasury yields retreat, 10-year hovers around January 2025 highs

The yield on the 10-year U.S. Treasury note — the key benchmark for mortgage and auto loans and credit card debt — was last seen down one basis point at 4.693%.

Trump refuses to give up on tariffs - a pillar of his economic legacy

The administration timed a new set of tariffs on all of its largest trading partners to take effect at the same time the old, global tariff ended. (Image credit: Kevin Dietsch)

Uganda: Uganda Urged to Turn Digital Connectivity Into Jobs and Economic Growth At State of the Digital Economy 2026

[Nile Post] KAMPALA -- Uganda's digital transformation journey has entered a new phase, with policymakers, regulators, innovators and private sector leaders gathering at Next Media Park for the third edition of the State of the Digital…

Peso finishes at new record-low of 61.847:$1

MANILA, Philippines — The Philippine peso extended its decline on Friday to a record low as a stronger US dollar, surging oil prices and renewed global trade tensions drove investors toward safer assets. The currency closed at 61.847 per…

Japan identifies large share of rare earths in deep-sea mud off remote island

US imposes fresh 12.5% tariff on Nigerian exports

The United States has imposed a 12.5 per cent tariff on imports from Nigeria under a new trade policy targeting countries that Washington says have failed to establish and enforce prohibitions on the importation of goods produced with…