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In a recent meeting, China's foreign minister called for a ceasefire in the ongoing conflict in Iran, coinciding with an upcoming summit between Xi Jinping and Donald Trump.
As fundraising discussions continue, DeepSeek's valuation is reportedly nearing $45 billion, with significant interest from China’s ‘Big Fund’ and Tencent.
Samsung's impressive rise in stock market value to $1 trillion has contributed to a new record for South Korea's Kospi index, reflecting growing enthusiasm for AI technologies.
As global economic imbalances resurface, it is crucial for policymakers to challenge the outdated notion that perpetual surpluses are the key to wealth.
The UAE's exit from OPEC signals more than just a business choice; it highlights significant shifts in the global energy landscape.
According to Global Trade Alert, the current volatility in oil prices poses a significant threat to global merchandise flows, potentially leading to a decline in trade.
In a significant move, the US has paused its military operation 'Project Freedom' as President Trump seeks to negotiate with Iran following recent clashes in the Strait of Hormuz.
In a recent development, President Trump has decided to pause military efforts aimed at escorting commercial vessels through the crucial Strait of Hormuz, leading to a drop in oil prices.
Following President Trump's decision to pause efforts to partially reopen the Strait of Hormuz, oil futures have experienced a notable decline, as reported by MarketWatch.
As the Middle East conflict continues, global oil reserves have seen a significant drop, nearing an 8-year low just as the summer travel season approaches.
A temporary ceasefire has been announced between the US and Iran, aimed at ensuring safe passage through the crucial Strait of Hormuz amidst ongoing tensions.
Pfizer is focusing on innovative drug development for obesity and cancer as part of its strategy for growth beyond 2028.
Dominion Energy plays a crucial role in meeting the increasing power demands of data centers in Virginia, adapting its infrastructure to support this growth.
Entergy is set to enhance its energy infrastructure in response to the rising needs of Meta's data centers, aiming to boost energy reliability.
NextEra Energy is adapting its energy strategy by investing in gas and nuclear power, while also addressing the rising energy needs of data centers.
Talen Energy is set to enhance its power generation capabilities by adding dispatchable power capacity, aiming to improve energy reliability amid rising demand.
Vistra is experiencing growth, attributed to the increasing demand for power driven by advancements in AI technologies.
In response to the rising energy needs associated with artificial intelligence, Constellation Energy is set to enhance its nuclear capacity.
As fears of a jet fuel shortage grow, airlines have cut millions of seats, disrupting global travel plans during a critical period.