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Insurance Markets Seize Up as Shipping Risk Hits Record Highs

The global marine insurance market effectively seized up around the Strait of Hormuz and surrounding waters on Monday, as insurers either refused to offer...
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Business

Trump Raises Tariffs to 15%: The Truth Social Post That Moved Markets

It took fewer than 280 characters on Truth Social for President Trump to move global markets, reshape diplomatic calculations, and upend existing trade arrangements...
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Business

British Steel: Why the Turkish Rail Contract Matters Beyond the Price Tag

The price tag on British Steel's new deal with ERG International Group — tens of millions of pounds, described as an "eight-figure agreement" —...
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Business

Refinery Economics Shift as Tariff Costs Exceed Crude Price Discount Benefits

The economics of Indian refineries underwent a fundamental shift in late 2025 as tariff-related costs began to exceed the benefits of discounted crude pricing....
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Business

Bank of England Maintains 3.75% Rate as Real Interest Rates Adjust to Falling Inflation

The Bank of England has kept interest rates unchanged at 3.75%, but as inflation falls, the real interest rate—the nominal rate minus inflation—is rising....
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Business

Gold and Silver Prices Bounce Back From Severe Crash on Central Banking Announcement

Monday brought relief to precious metals investors as gold and silver recovered from steep declines that had unsettled financial markets globally. Gold prices climbed...
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Business

Chery Opens European Command Center in Liverpool Automotive Push

Chinese automotive manufacturer Chery is opening its European research and development headquarters in Liverpool, consolidating European commercial vehicle operations on Merseyside. The state-owned carmaker...
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Business

EasyJet CEO Declares EU Cabin Baggage Laws Threat to Airline Competitiveness

EasyJet's chief executive has warned that European Union baggage regulations could undermine airline competitiveness in global markets by forcing cost structures that disadvantage European...
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Business

Goldman Sachs to cut about 3,200 jobs after cost review

According to reports from undisclosed sources, Goldman Sachs Group is set to commence a significant round of layoffs across...
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US announces fusion tech clean energy breakthrough for warming world

New York: The United States has unveiled a groundbreaking achievement in clean energy technology, heralding a potential transformation in...
Business

After mass layoffs, CEO Sundar Pichai to take salary cut

During a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a significant reduction in annual bonuses...

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Norway Nearly Gone Gas-Free While America Debates — Iran War May Change the Calculus

The contrast is stark. In Norway, just seven new...
Business

US Oil Prices Reflect Deep Market Anxiety as Iran War Enters Third Week

  Deep market anxiety is reflected in US oil prices...

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President Trump has ended all trade talks with Canada,...
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