Enbridge Secures C$2.7 Billion for Pipeline Expansion

Enbridge has completed a C$2.7 billion financing deal with KKR and Apollo for expanding its Westcoast…

Strait of Hormuz Traffic Increases Amid Ongoing Tensions

Traffic through the Strait of Hormuz rose slightly this week. Ten vessels passed through the chokepoint…

Apex Logistics Under US Investigation for Nvidia Chip

Singapore-based Apex Logistics is under investigation by the US government for allegedly smuggling Nvidia artificial intelligence…

Meta Reaches $18 Billion Settlement Over Youth Safety Issues

Meta Platforms Inc. has reached an $18 billion settlement with 52 U.S. states. This agreement addresses…

S&P Affirms India’s Sovereign Rating Amid Growth Challenges

S&P Global Ratings affirmed India’s sovereign credit ratings at ‘BBB/A-2’ with a stable outlook on August…

US Jobless Claims Fall to 203,000 Amid Low Layoffs

The number of Americans filing for unemployment benefits fell to 203,000 last week, according to the…

China’s Yuan Gains Less Than 1% Amid US Dollar Weakness

The Chinese yuan strengthened by less than 1% against the US dollar this week. This comes…

US-Canada Trade Talks Collapse Amid Rising Tariffs

Trade negotiations between the United States and Canada broke down last week. This led to tariffs…

US Sanctions Target Iran’s Economy Amid China Trade Concerns

The United States announced new sanctions on Iran this week. These measures aim to cut off…

Nvidia Reports $96.2 Billion Revenue, Shares Surge 7%

Nvidia Corp reported revenue of $96.2 billion for the second quarter. This marks a 106% increase…