British energy major’s first-quarter profits more than double from a year ago following a surge in oil and gas prices driven by the Middle East conflict.
Sam Meredith
People will be living and working on the moon within the next decade, according to the boss of space tech company Voyager Technologies.
Lucy Handley
The world has lost 13 million barrels of oil per day thanks to the war, and there are major disruptions in vital commodities, International Energy Agency head Fatih Birol said.
Holly Ellyatt
The probe is zeroing in on at least two instances over a roughly two-week period when trading volumes jumped sharply just ahead of key White House news.
Yun Li
The move comes as Iran has blockaded the Strait of Hormuz for weeks during the US-Israeli war with the country, a bottleneck that roiled global markets and strained the economy.
Garrett Downs
The fluctuating price of oil benchmarks has prompted energy analysts warn to that acute stress in the physical market shows little sign of abating amid worries over a fragile ceasefire in the Middle East.
The question now is how long the shock lasts and whether the physical energy shortage can be resolved before the economic damage spirals out of control.
Anniek Bao and Lee Ying Shan
Elon Musk is seeking to have OpenAI CEO Sam Altman and President Greg Brockman removed from their roles as officers in the company as part of a case that’s expected to go to trial later this month.
Lora Kolodny
Activist investor Pershing Square said Tuesday it is planning to buy Universal Music Group in a cash and stock deal worth about 55.8 billion euros ($US64.4 billion).
April Roach
One research firm claims to have sent an analyst directly into the conflict zone.
JPMorgan Chase CEO Jamie Dimon in his annual letter to shareholders noted the country’s 250th anniversary and called for a broad recommitment to American ideals.
Sara Salinas
Analysts say the market has now entered a state of “backwardation” that suggests a risk premium has been baked into energy prices, despite traders anticipating a swift resolution to the conflict.
Chloe Taylor
‘Someone with access to privileged information appears to have made hundreds of millions in profit by trading on a political secret before it became public.’
Collectible toy maker and IP powerhouse Pop Mart is teaming up with Sony Pictures to bring its wildly popular Labubu doll to movie theatres.
Justin Solomon
Iran’s de facto blockade of the Strait of Hormuz has stoked fears of the gravest disruption to global oil supply in history, as the Middle East conflict stretches into its third week.
Anniek Bao
The Iran war news flow-driven oil moves are drawing retail investors into the world’s most traded commodity, further fuelling volatility.
Lee Ying Shan
Chef, restaurateur and global TV star Gordon Ramsay has opened the doors to his newest Michelin-starred location and reflects on the setbacks and successes that have shaped his career.
OpenAI hardware chief Caitlin Kalinowski has resigned, warning the company rushed into a deal to deploy its AI models on Pentagon networks.
Reuters
The war in Iran is part of a growing number of conflicts that have affected the global tourism industry, showing that people who are far from falling missiles and drone attacks aren’t immune to ripple effects.
Leslie Josephs and Contessa Brewer
Goldman Sachs’ Chairman and CEO David Solomon said financial markets have had a surprisingly “benign” reaction to the Iran war, as the conflict enters its fifth day.
Sawdah Bhaimiya
A prolonged closure of the Strait would likely lead to a further surge in oil prices, with some analysts seeing oil crossing $US100 per barrel.
Airspace closures after the Iran strikes forced airlines to cancel thousands of flights, stranding hundreds of thousands of passengers around the world.
Leslie Josephs
Apple opened its week of product launches on Monday morning with a refreshed low-cost iPhone and a faster iPad Air, as it begins what looks to be a broader multi-day hardware push.
MacKenzie Sigalos
