Analysis: Why jet fuel is the biggest oil market crisis now
The war in Iran and the resulting closure of the Strait of Hormuz have created an acute shortage in the oil market. But,
Business
Business
GE Vernova stock jumps 13% as AI data center boom lifts outlook
Shares of GE Vernova surged on Wednesday after the energy company raised its full-year outlook and reported strong first-quarter results, underscoring the growing
Stocks
Bitcoin Price Approaches $78K Amid Ongoing Bullish Momentum
Bitcoin’s price rose beyond $77,500 due to increased holdings by Strategy and positive optimism in the financial markets. According to CMC data, bitcoin has
Investing
US dollar firms near weekly peak on Iran truce scepticism, strong data
The US dollar steadied near a one-week high in early Asian trade on Wednesday as investors raised fresh doubts about the durability of
Investing
Pound steady as Middle East uncertainty clouds inflation outlook
The British pound was little changed on Wednesday as markets continued to assess uncertainty surrounding the Middle East conflict. The muted movement came
Economy
EU approves €90B loan to Ukraine after Hungary lifts veto
The European Union has approved the disbursement of a €90 billion ($106 billion) loan to Ukraine, after Hungary lifted its veto. The development
Economy
FTSE 100 steady as oil jumps, UK inflation ticks higher
London’s benchmark FTSE 100 index remained largely unchanged on Wednesday as investors tracked developments in the Middle East and digested fresh inflation data
Economy
Interview: memecoins a gateway, not end goal, says Nischal Shetty on Sikka.fun
As memecoin-led platforms gain traction, questions around onboarding, speculation, and long-term value are becoming harder to ignore. Sikka.fun, developed within the Shardeum ecosystem,
Economy
Volo Protocol loses $3.5M in targeted Sui vault exploit
Volo Protocol suffered a security breach that led to the loss of approximately $3.5 million in digital assets after a targeted exploit hit
Economy
Here’s why the Rolls-Royce share price is falling this week
Rolls-Royce share price dropped for three consecutive days, reaching its lowest level since April 7 as crude oil soared. It dropped to a