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Showing posts with the label Markets

Musk’s $100M Midterm Bet Mends Trump Rift – What’s Really Behind It

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The Wall Street Journal reports that Elon Musk has told President Trump he plans to spend at least $100 million on a Republican voter-turnout operatio... Read the full article below ↓

Tylenol Autism Lawsuits Revived: US Appeals Court Overturns Dismissal of Hundreds of Pregnancy Cases

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Key Takeaways by Planet Today:Procedural Revival Opens Door for Evidence Review: The Second Circuit’s July 13, 2026 decision returns over 500 cases to... Read the full article below ↓

Japan Plans Homegrown AI Model and 10 Million AI Robots by 2040

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Japan plans a homegrown AI model with up to $6 billion (one trillion yen) in government investment over the next five years, developed by the Noetra c... Read the full article below ↓

Brent oil prices shoot above $119/barrel, highest since 2022

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Brent oil prices surged Wednesday to more than $119 a barrel, its highest level since early 2022, raising the economic toll from the war in the Midd... Read the full article below ↓

Hungary to purchase US oil following Vance visit

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Hungary is purchasing crude oil worth $500 million from the United States to “diversify supply sources”, a government official said on Thursday, follo... Read the full article below ↓

Oil prices jump back toward $100 on Mideast ceasefire doubts

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Oil prices climbed and stocks fell Thursday on fears over the nascent US-Iran ceasefire after Tehran threatened to resume hostilities after Israel lau... Read the full article below ↓

Grain, steel, fertiliser blocked by Hormuz closure

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Besides oil and gas, Iran’s blockade of the Strait of Hormuz has choked off shipments of crucial goods and raw materials to world markets. Overall vol... Read the full article below ↓

US gas price hits $4 a gallon, highest since 2022

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The average price of gasoline at US pumps has soared past $4 a gallon, the American Automobile Association (AAA) reported Tuesday, the highest for nea... Read the full article below ↓

US, Israeli strikes hit pharmaceutical company producing cancer drugs: Iran govt

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US-Israeli strikes hit on Tuesday one of the largest pharmaceutical companies in Iran which produces anaesthetic and cancer drugs , the Iranian governm... Read the full article below ↓

Sweet heist? Nestle says 12 tonnes of KitKat stolen

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A huge shipment of Nestle’s crunchy KitKat chocolate bars was stolen in Europe, the brand said, warning that the heist risked causing shortages in s... Read the full article below ↓

Oil plunges, stocks mostly rise as Trump says Iran war over ‘very soon’

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Oil prices sank and equities mostly rose Tuesday following a volatile session that came after President Donald Trump signaled that the US-Israeli wa... Read the full article below ↓

The Iran war has triggered a puzzling market trend

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The moment we all wondered about has come. Oil has surged past $100 per barrel and markets are coming under serious strain. When I wrote an initial r... Read the full article below ↓

Gulf oil production could stop in weeks – Putin

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Oil production dependent on the Strait of Hormuz could come to a complete halt within a month, Russian President Vladimir Putin has said. He warned ... Read the full article below ↓

Western energy pressure on Russia has backfired – Kremlin envoy

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Western efforts to isolate Russian energy have proven counterproductive, Kremlin envoy Kirill Dmitriev has said, noting that the pressure has only p... Read the full article below ↓

‘Plenty of oil’ in market despite Mideast turmoil: IEA chief

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International Energy Agency (IEA) chief Fatih Birol sought Friday to tamp down fears of a global oil crisis as conflict rages in the Middle East, sa... Read the full article below ↓

Ras Tanura Drone Strike: Saudi Aramco Shuts Refinery as Oil Shock Fears Rise

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Early on Monday, March 2, 2026, a drone strike targeted Saudi Arabia’s Ras Tanura complex, prompting Aramco to suspend operations at the king... Read the full article below ↓

Workplace equality exists nowhere: World Bank

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Full workplace equality does not exist anywhere in the world and only a tiny fraction of women live in countries with a labor market that comes clos... Read the full article below ↓

Banking Chief Says EU Must Wean Itself Off Visa & Mastercard

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Europe needs to “urgently” reduce its reliance on US payment systems Visa and Mastercard, according to the head of the bloc’s leading bank consortiu... Read the full article below ↓

China’s BYD designing new model for India: senior official

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China’s BYD, the world’s top electric car-maker, is preparing a new model for India as it looks to continue its rapid growth overseas, executive vice ... Read the full article below ↓

Precious metal prices sink further, silver down more than 30%

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A sell-off in precious metals accelerated Friday after President Donald Trump’s nomination of Kevin Warsh to lead the Federal Reserve eased worries ... Read the full article below ↓