Business News, AI-Analyzed

Jefferies upgrades Dominion Resources on NextEra merger outlook

Jefferies upgraded Dominion Resources to buy from hold and raised its price target to $76 from $65, while the stock trades at $67.20 with a P/E of…

2 min read

China designing futures for ai tokens

The Shanghai Futures Exchange is in early-stage work to design futures contracts tied to so-called AI tokens, the smallest units processed by AI…

3 min read

Asia Pacific real estate investment rises 19.2% in Q1 2026

Real estate investment in Asia Pacific rose 19.2% year-on-year in the first quarter of 2026, supported by improved investor sentiment, a recovery in…

2 min read

TotalEnergies files for authorization for Centre Manche 1.5 GW wind farm

Eight months after being awarded the project by the French state, TotalEnergies' Centre Manche Energies filed for the single authorization for a 1.5…

5 min read

Aegon to move legal seat to Delaware and rebrand

Dutch insurer Aegon announced plans to move its legal seat to Delaware and to propose a new governance framework as part of a broader effort to…

1 min read

Fed official expects inflation to cool later this year

Philip Jefferson, the Federal Reserve vice chair, said in prepared remarks for a Tokyo speech that he expects inflation to cool later this year as…

2 min read

Ofgem raises energy price cap, increasing household bills

Ofgem raised the energy price cap by 13%, lifting the annual typical dual fuel cap from £1,641 to £1,862 and adding roughly £18 per month for average…

6 min read

Spain bans prediction markets Polymarket and Kalshi

Spain's consumer rights ministry temporarily banned U.S.-based prediction market operators Polymarket and Kalshi for operating in the country without…

1 min read

China overtakes Japan as second largest creditor nation

Japan was overtaken by China as the world's second largest creditor nation in 2025 even though Japan's net external assets reached a record ¥561.8…

1 min read

Aramco to transfer PRefChem stakes to Petronas

Saudi Aramco and Petronas said Aramco will transfer its equity stakes in the PRefChem refining and petrochemical joint ventures in Malaysia to…

2 min read

Thai car production hits five-year low in April

Thailand’s car output fell 0.44% year on year in April to 103,794 units, the lowest level in five years, according to the Federation of Thai…

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Markets price hopes for Hormuz reopening

Oil prices and the dollar fell as investors took on more risk, encouraged by hopes that a deal to reopen the Strait of Hormuz and restore crude flows…

1 min read

Warren Buffett, 95, Transfers Entire $168 Billion Fortune to Charity — 'The Scorecard Was Never About Money'

Warren Buffett announced the immediate transfer of his entire $168.4 billion remaining stake in Berkshire Hathaway to a new global health and…

8 min read

GMR Solutions seeks up to $797.9 million in IPO

Private equity-backed GMR Solutions filed on Monday for an initial public offering that could raise up to $797.9 million. The company, which operates…

1 min read

India increases US LPG imports amid Gulf disruptions

India’s LPG supply chain is under strain as Gulf exports remain disrupted and cargoes through the Strait of Hormuz are affected. Kpler data shows…

3 min read

UAE says OPEC exit serves national interests

Abu Dhabi National Oil Company CEO Sultan Al Jaber said the UAE’s May 1 exit from OPEC and OPEC+ was a sovereign decision meant to serve national…

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IEA reports higher Australian coalmine methane emissions

A new IEA Global Methane Tracker report says Australian coalmines, especially in Queensland and New South Wales, emitted 1.7m tonnes of methane in…

4 min read

UAE exits Opec and weakens oil alliance

The UAE has left Opec, ending nearly six decades in the group and weakening both Opec and Opec+, according to the article. The move removes a…

6 min read

Bank of Korea official urges rate-rise consideration

A senior Bank of Korea official said the central bank should consider ending rate cuts and begin thinking about raising rates. The official cited two…

1 min read

Takaichi to discuss energy security with Albanese in Canberra

Japan Prime Minister Sanae Takaichi is set to meet Australian counterpart Anthony Albanese in Canberra, with energy security and rare earths…

2 min read

Tensions Rise as Iran Fires on Indian Vessels

In a shocking incident, the Iranian Navy opened fire on two Indian-flagged vessels traversing the Strait of Hormuz, prompting a diplomatic outcry…

Iran Closes Strait of Hormuz Again Amid Rising Tensions

The ongoing conflict over the Strait of Hormuz has taken a dramatic turn as Iran reverses its reopening of this vital waterway, firing on vessels…

Tragic Explosion Claims 21 Lives at Vedanta Power Plant

In a tragic incident at Vedanta's power plant in Chhattisgarh, an explosion caused by excessive fuel accumulation has led to the deaths of 21…

Dubai caps foreign airline flights amid Iran crisis

Dubai Airports told carriers in a March 27 email seen by Reuters that foreign airlines would be limited to one round trip per day to DXB and DWC from…

3 min read