Industries

Oil Falls Below $100 as U.S. Diesel Hits Fresh $6 Record

U.S. crude slipped below $100 a barrel on Friday after weekly gains, while diesel passed $6 for the first time, setting a fresh record.

Oracle’s Larry Ellison Cancels Plan to Sell Up to 50 Million Shares

Larry Ellison canceled a plan to sell up to 50 million Oracle shares, the company disclosed on Sept. 11.

Russian Drone Hits Kyiv-Warsaw Train at Polish Border, Six Killed

A Russian drone struck a Kyiv-Warsaw passenger train near the Polish border on Sunday, part of overnight attacks that killed at least six across Ukraine.

Vessel Struck in Strait of Hormuz Ahead of Iran-Oman Talks in Muscat

A vessel was struck in the Strait of Hormuz on Saturday as Iran and Gulf states prepared to meet in Oman on Monday over a shipping route agreement.

Six Dead, 107 Rescued After Indonesian Ferry Virgo Transport 8 Sinks in Java Sea

Rescuers search for about 130 people after the Indonesian ferry Virgo Transport 8 sank in bad weather in the Java Sea on Sunday. Six dead, 107 rescued.

Oil Falls Below $100 as U.S. Diesel Hits Fresh $6 Record

U.S. crude slipped below $100 a barrel on Friday after weekly gains, while diesel passed $6 for the first time, setting a fresh record.

China Property Stocks Slide as New Presale Mortgage Rules Squeeze Developer Cash

China's central bank unveiled new housing presale rules requiring staged release of buyer funds, sending property stocks lower on developer funding concern

Trump Administration Accelerates Psychedelic Research for PTSD, Sparking Hope and Controversy

President Trump signs executive order to accelerate research into ibogaine and other psychedelics for PTSD treatment, sparking debate and hope.

Iran War Fuels Global Fuel Price Surge, Impacting Daily Life and Industries

The Iran war is driving up global fuel prices, impacting consumers, businesses, and humanitarian efforts worldwide. Discover how tribal gas stations offer relief and the aviation industry faces potential shortages.

India Postpones Bharat Steel 2026 Amidst Middle East Tensions

India postpones the Bharat Steel 2026 global conference due to the ongoing Middle East crisis, citing disruptions to international participation. New dates to be announced.

China’s Record Oil Purchase Propels Brazil’s Exports to Historic Highs

China's record oil purchase in March has propelled Brazil's monthly oil exports to their second-highest level ever, driven by global energy realignments and Middle East disruptions.

Iran Conflict Triggers Global Shortages of Helium and Aluminum, Fueling Economic Uncertainty

The war in Iran is causing global shortages of helium and aluminum, impacting semiconductor manufacturing, medical equipment, and consumer goods, leading to economic uncertainty.

EU Launches Probe into Goldwind Over Foreign Subsidies; China Cries Protectionism

The European Commission is investigating Chinese wind turbine maker Goldwind over alleged foreign subsidies, sparking criticism from China that the probe is protectionist.

Italy, Germany seek “safe supply chains” for key materials amid China concerns

Italy and Germany pledged closer coordination on critical raw materials to secure stable supply chains and curb price dominance, as Europe seeks stronger industrial resilience.

China’s Rare Earth Exports Dip Amidst Rising Tensions with Japan

China's rare earth product exports declined in December amid rising tensions with Japan, sparking concerns over potential future export controls on these vital materials used in high-tech manufacturing.

China’s Oil Giants Seek Beijing’s Counsel Amidst Venezuelan Turmoil

China's major state-owned oil corporations, including the China National Petroleum Corporation, are actively seeking guidance from Beijing regarding their substantial investments in Venezuela. This...

Global Manufacturing Shifts: Companies Diversify Production Away From China

Global manufacturing is undergoing a significant transformation as companies increasingly diversify their production bases away from China. This strategic shift is driven by a...

China’s Food Delivery Market Surges Towards Half-Trillion Dollar Valuation Amidst Fierce Competition and Evolving Consumer Habits

China's food delivery industry is on a trajectory for massive expansion, projected to reach nearly RMB 2 trillion (USD 277 billion) by 2027. With...

Asia-Pacific Markets Dip Amid Trump’s Defense Sector Scrutiny and Oil Price Volatility

Asia-Pacific markets experienced a general decline on Thursday, mirroring a downturn on Wall Street. The slump was attributed to escalating geopolitical tensions and critical...

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