Markets await NZIER survey and China trade figures to assess inflation persistence and growth drivers ahead of Wednesday's GDP release. New Zealand’s Q2 Quarterly Survey of Business Opinion (QSBO) and China’s trade data will test the recovery narrative on July 14, 2026. Th
Next-generation geothermal developers post updates on drilling progress Fervo's third-generation well design at Cape Station in Utah has increased drilling rates by 143% compared to the first Cape well. The latest well, Sawtooth 7, reached a measured depth of 19,44
Unconfirmed explosions in a key Iranian port city raise concerns over potential US military action in the region. Unverified reports indicate explosions in Bandar Abbas, Iran, a strategic port city, occurring around 10:30 pm local time. The timing aligns with prior specula
WTI crude jumps $6.87 to $78.27 after the US announces a total blockade of Iran, escalating geopolitical tensions in the Gulf. Oil prices climbed 9.6% to $78.27 after the US announced a total blockade of Iran, disrupting efforts to restore navigation freedom in the Strait
Reimposed U.S. sanctions on Iran spark supply concerns, lifting Brent crude above $82 per barrel in Monday trading. Oil prices surged over 8% after the U.S. announced the reinstatement of sanctions on Iran, raising fears of prolonged disruptions in the Strait of Hormuz. Br
The deal strengthens BAE Systems' position in global defense modernization as demand rises for advanced electronic warfare technologies. BAE Systems secured a contract from Boeing to supply electronic warfare systems for South Korea’s F-15K Slam Eagle fighter fleet. The up
Bulgaria’s veto blocks EU sanctions on Lukoil’s founder and Patriarch Kirill, despite their public support for Russia’s war in Ukraine. The European Union will exclude Lukoil founder Vagit Alekperov and Russian Orthodox Church leader Patriarch Kirill from its latest sancti
A $1.4 billion increase in Trump's crypto holdings fuels Democratic push for conflict-of-interest rules in pending legislation. Senate Democrats are focusing on President Donald Trump’s $1.4 billion gain from crypto assets as they negotiate ethics provisions in the Clarity
California and 11 other states allege the merger would dominate film and TV distribution, driving up prices for consumers. A coalition of 12 states filed a lawsuit to halt Paramount’s $110 billion acquisition of Warner Bros Discovery, arguing the deal would create an outsi
Twelve Democratic attorneys general allege the deal would reduce competition in film distribution and cable TV, raising prices for consumers. Twelve state attorneys general filed a lawsuit to block Paramount Skydance Corporation’s $110 billion acquisition of Warner Bros. D
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