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Shell’s leadership and German officials have signaled that Europe’s largest economy may face energy scarcity by late April. Speaking at an industry conference in Texas, Wael Sawan expressed concerns that …

The rapid evolution of the AI industry took an unexpected turn this week as OpenAI confirmed the closure of its Sora video generation platform. Despite a splashy launch and a …

Prospective buyers and homeowners in the UK are facing a “catastrophic” shift in the lending market as fixed-rate mortgages continue to trend upward. Despite a diplomatic pause in the Middle …

Japan’s government has announced the start of its largest-ever strategic oil reserve release, with 80 million barrels to be provided to refiners beginning this Thursday. Prime Minister Sanae Takaichi made …

In a striking policy reversal, Treasury Secretary Scott Bessent announced Thursday that the United States is considering removing sanctions from Iranian oil currently floating on tankers in international waters. The …

After years of denial and billions in losses, Meta has finally accepted the inevitable — the metaverse is over. The company announced it will shut down Horizon Worlds on VR …

UK fintech company Revolut has openly acknowledged the risk of reputational damage stemming from its support of energy-intensive industries, including cryptocurrency and artificial intelligence, as the company announced a 57% …

A dramatic reversal in global market sentiment occurred Monday after President Donald Trump announced a five-day postponement of American military strikes against Iranian energy infrastructure. The president credited in-depth conversations …

The prospect of cheaper borrowing costs dimmed this week as surging oil prices and rising inflation gripped the financial world. Brent crude jumped nearly 4% to reach $111.51 per barrel, …