Oil Prices Dip on Potential Strait of Hormuz Reopening
Business & Markets • a month ago
Crude futures decline in early Asian trade as market anticipates potential resolution of maritime access concerns.
Business & Markets News
Award-Winning Washington Distillery Closes Doors After Chapter 7 Bankruptcy Filing
Business & Markets • a month ago
Blue Spirits Distilling, known for its unique flavored vodkas and proprietary spirits, is undergoing liquidation after filing for bankruptcy.
Home Buyers Face Need for Larger Deposits Amid Rising Mortgage Rates
Business & Markets • a month ago
Buyers now need an additional £18,200 for a deposit to maintain the same monthly payments as at the start of the year.
Nelson Peltz's Trian Fund Management Declines Wendy's Takeover Bid
Business & Markets • a month ago
Investment firm, a significant Wendy's shareholder, reportedly abandons plans for a take-private bid, while the fast-food chain faces performance challenges.
Nvidia Forecasts Strong Revenue, Shares Surge on AI Demand
Business & Markets • a month ago
The chipmaker anticipates continued growth driven by persistent demand for its AI hardware and expanded cloud partnerships.
US Stocks Dip as Investors Await Nvidia Earnings
Business & Markets • a month ago
Major indexes trade lower Wednesday amid anticipation of the chip giant's quarterly report.
US Stocks Decline as Inflation Data and Nvidia Earnings Loom
Business & Markets • a month ago
Investors adopt a cautious stance ahead of key economic indicators and tech giant's financial results.
Nvidia Reports Record Sales, But Stock Dips Amid AI Spending Concerns
Business & Markets • a month ago
The chipmaker's second-quarter results exceeded expectations, yet market sentiment remains cautious about the sustainability of AI investment.
China Evergrande Founder Sentenced for Financial Crimes
Business & Markets • a month ago
Hui Ka-yan, founder of the property giant Evergrande, has been sentenced to life in prison for crimes including bribery and illegal use of funds.