The ongoing crisis in the Strait of Hormuz has entered its fourth week, prompting Shell to evaluate the future of global shipping. CEO Wael Sawan has warned that the window …
Tuesday’s announcement from OpenAI regarding the closure of Sora has sent shockwaves through the artificial intelligence community. The firm revealed it is discontinuing the video generation tool and its associated …
The UK economy is feeling the ripple effects of international conflict as mortgage rates climb to their highest levels in over a year. Despite a five-day pause in threatened airstrikes …
Japan’s government has activated its largest-ever strategic oil reserve deployment, with Prime Minister Sanae Takaichi announcing that approximately 80 million barrels will be released to refiners from Thursday. The move …
In an unexpected twist in the ongoing standoff over Iran’s Strait of Hormuz closure, Treasury Secretary Scott Bessent revealed Thursday that the US may soon allow the sale of Iranian …
The most expensive experiment in Meta’s history is coming to a close. Mark Zuckerberg’s company has announced the shutdown of Horizon Worlds on VR, pulling it from the Quest store …
In one of the most closely watched fintech disclosures of 2025, Revolut has reported a 57% rise in annual profits to £1.7 billion while simultaneously issuing a warning that its …
British Prime Minister Keir Starmer convened an emergency Cobra meeting Monday with top cabinet ministers and Bank of England Governor Andrew Bailey as the economic fallout from the Iran crisis …
The Nikkei 225 index in Tokyo fell by 2.5% on Thursday, closing at 53,875.94. This sharp decline was triggered by a surge in oil prices and a cautious stance from …
While Thursday’s vote to keep rates at 3.75% was unanimous, the Bank of England’s monetary policy committee is far from united on what comes next, as the war in the …