The $200 bln Indian giant will invest in ‌a new Texas facility that could process heavy Venezuelan crude. Reliance stumbled in past stateside forays but its ​technical expertise is world-class and its ...
The UniCredit ​CEO’s low-premium tender offer for the $40 bln German ‌lender may mean he only gets a bit more than his ...
Exports jumped 21% in 2026 after a record year, but ​the gains are not ​showing up in jobs and wage ⁠growth. Policies that ...
The $1.6 trln Facebook owner is weighing layoffs that ​could hit 20% of ​employees. It did a similar ⁠purge before, but when output ​per head was declining, unlike ​today. While that raises fears of ...
President Trump extracted a $10 bln payment for brokering control of the social media app's ​US arm. The outlay, covered ​by new investors, equates to about ⁠40% of what bankers earned on ​all ...
New semiconductor export rules risk subordinating security concerns to ​flashy trade deals. Guidance ​for orders over 200,000 chips ⁠will preserve overseas markets ​for Nvidia while offering ...
After the 2022 energy shock, EU governments ‌spent 550 bln euros shielding consumers and firms from cost spikes. This time, tight public finances leave a slimmer ​menu of politically fraught options: ...
The $840 billion startup’s ⁠wildly successful ​partnership with Microsoft ​contains a prenuptial agreement triggered when artificial ​general intelligence ​is achieved. Snag is, ‌the ⁠definition and ...
Welcome back! It’s been a week of studying shipping routes and commodity charts. Unlike some, though, we have not been ...
Alibaba and ‌Tencent shares are down while $40 bln upstart Minimax briefly surpassed Baidu's market value. One reason ​is the incumbents' core businesses ​are vulnerable to a consumer spending slump.
The CEO of the largest US bank is fond of ​dark warnings about the dangers ​lurking in credit markets. As ⁠it turns out, ...
Saudi, the UAE and Qatar may feel anger at the US president for Iran counter-strikes. ​Gulf states will struggle to ​reverse ...