As a result of spiking fuel prices and concerns about jet fuel supply shortages, the UK government has waived sanctions on imports of diesel and jet fuel processed from Russia-origin crude in third countries. The easing of a small part of the UK’s strict sanctions and bans
HSBC Holdings CEO Georges Elhedery warned Wednesday that artificial intelligence will "destroy" certain jobs while creating others, urging the bank's more than 211,000 employees to adapt to the shift rather than resist it. "We all know generative AI will destroy certain jobs and...</stron
Geopolitical uncertainty remains a key catalyst for the market. Admittedly, the reactions have been somewhat less muted on good news lately We will be monitoring those reactions. Meanwhile, trumpeters speaking and says Will work on Taiwan problem Will speak to Taiwa
Energy industry executives continue to warn that investors are underestimating the impact of the ongoing geopolitical conflict in the Middle East. That may be true, but it's just another sign that investors are reacting emotionally That's not unusual on Wall Street
Keysight Technologies (KEYS) has taken advantage of artificial intelligence-related demand, as its AI-related revenue during the first half of fiscal year 2026 was more than the entirety of fiscal 2025. "Of note, commentary indicates minimal 'pull-in/forward' benefits in the...</
LONDON, May 20 Oil prices lost more than 2% on Wednesday after U.S. President Donald Trump again asserted that the Iran war will end "very quickly", though investors remain wary about the outcome of peace talks as disruption to Middle Eastern supply continues Brent
UK sanctions authorities have penalised Deutsche Bank’s London branch £165,000 ($221,154) after the lender handled payments linked to a sanctioned Russian-owned business. The Office of Financial Sanctions Implementation, part of HM Treasury, said the case concerned payment
If attempts to include private market exposure in defined contribution plans get off to a strong start, allocations to private investments could reach 6.1% of all DC plan assets, or $1 trillion by 2030, according to new research from Deloitte. Tender offer funds are likely
China banned an Nvidia (NVDA) gaming chip during the summit between President Trump and President Xi Jinping earlier this month, the Financial Times reported. The summit was also attended by Nvidia CEO Jensen Huang, who was added to the itinerary Newsletters for Eve
The project will double Aster’s ethylene export capacity by 2027, strengthening Singapore’s role in Asia’s petrochemical supply chain. Aster Chemicals & Energy has approved an $80m expansion at its Singapore ethylene cracker complex, aiming to double export capacity to 80m
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