Iran’s Strait of Hormuz Toll Could Reach $20 Billion

Iran's proposal for a toll system on the Strait of Hormuz could generate between $18 billion…

Putin Threatens Retaliation Over EU Vessel Seizures

Russian President Vladimir Putin warned on Wednesday that Moscow would retaliate if European nations proceed with…

Balfour Beatty Raises Profit Guidance, Shares Jump 9%

Balfour Beatty plc raised its full-year profit guidance following a strong performance in the first half…

Pakistan Mediates US-Iran Talks Ahead of MoU Deadline

Pakistan is actively working to facilitate negotiations between the United States and Iran as the 60-day…

Tencent Q2 Revenue Rises 11% Amid AI Investment Surge

Tencent Holdings reported an 11% increase in second-quarter revenue, reaching 204.8 billion yuan (US$30.4 billion), driven…

Container Ship Pays $4 Million to Skip Panama Canal Queue

A container ship, the Seaspan Benefactor, paid $4 million to bypass the queue at the Panama…

CoreWeave Revenue Doubles to $2.58 Billion Amid AI Surge

CoreWeave reported a second-quarter revenue of $2.58 billion, more than doubling from the previous year and…

Russia’s Crude Exports Hit Lowest Level Since May Amid

Russia's seaborne crude exports fell to their lowest level since May, averaging 3.25 million barrels per…

Yen Nears 160 Per Dollar, Renewed Intervention Concerns Rise

The Japanese yen approached the critical level of 160 per dollar on Tuesday, raising concerns about…

UK Lawmakers Demand Answers on Banking for Crypto Firms

UK lawmakers from the Crypto and Digital Assets All-Party Parliamentary Group (APPG) have formally questioned major…