Business
US diesel prices hit record high
The key transport fuel has topped $6.50 a gallon as conflicts in Iran and Yemen add to global supply disruptions US diesel…
German auto workers protest historic job cuts
The country’s carmakers are scaling back production amid high energy costs, US tariffs and Chinese competition Tens of…
Google’s Gemini joins rogue AI cases after real-world hacks – WSJ
Google’s Gemini has joined a growing list of advanced AI models going rogue after hacking three real companies during a…
Putin approves takeover of French and Swiss giants’ Russian assets. Why now?
Moscow has linked the move to Western support for Ukrainian strikes on Russian infrastructure President Vladimir Putin has…
Saudi Arabia cuts off October oil supplies to Europe – Bloomberg
The reported extension of supply disruptions follows a Houthi attack that knocked out a key export pipeline Saudi Arabia’s…
JPMorgan throws in towel on forecasting oil price
The bank no longer knows how to model the market, given the lack of a clear endgame in the US war against Iran US bank…
Fed hikes rates as US inflation persists
The 25-basis-point increase comes despite the US president’s repeated demands for lower borrowing costs The US Federal…
US Treasury yield highest since 2007 ahead of Fed’s interest-rate decision
The bond rout threatens higher borrowing costs worldwide and could pile further pressure on Washington’s $40 trillion debt…
Ditching Russian gas cost Germany €50 bn – media
The Finance Ministry has provided the estimate covering a range of relief and stabilization measures Germany has spent some…
Saudi oil output plunges to lowest since 1990 – Bloomberg
The Iran war and a Houthi campaign against the kingdom have squeezed export routes as crude prices surge above $100 Saudi…