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News
Saudi pipeline outage threatens loss of 4% of global oil supply
7+ hour, 24+ min ago (212+ words) (Refiles, removing additional text that repeats separate alerts) By Alex Lawler and Dmitry Zhdannikov Since drone attacks forced Saudi Arabia to shut its huge east-west oil pipeline on Friday, Riyadh has not given full details about the extent of the…...
Trump Says He’s Not Worried About Xi Calling Off Summit
5+ hour, 18+ min ago (512+ words) (Bloomberg) -- President Donald Trump said he is not worried that Chinese President Xi Jinping will cancel a highly anticipated visit later this month. Trump Sees Canada Deal 'Fairly Soon,' Downplays Leaving USMCA Amodei, Altman, Musk Call for Slowing AI Model…...
Gloria Steinem opened the door. Now women need a seat at the table
7+ hour, 58+ min ago (934+ words) When David Grinberg's 22-year-old daughter, Ily, started her career in wealth management in Chicago this summer, he was thrilled. But as an M&A attorney at Sidley Austin who has spent years advising entrepreneurs — and as the father of three…...
UAE, Iran Leaders Meet as Push to Resolve Hormuz Standoff Grows
9+ hour, 41+ min ago (506+ words) (Bloomberg) -- Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed Al Nahyan met Iranian President Masoud Pezeshkian, as the Islamic Republic touts a potential deal to allow more ships through the Strait of Hormuz. Trump Sees Canada Deal 'Fairly Soon,' Downplays…...
Musk and Altman back calls to ‘slow down’ development of AI
20+ hour, 47+ min ago (342+ words) Elon Musk and Sam Altman have backed a call from the boss of Anthropic for the artificial intelligence (AI) industry to "slow down" to give safety measures time to catch up. In an essay titled We Must Pace the Frontier,…...
Finnair says Chinese access to Russian airspace creates unfair competition
2+ day, 19+ hour ago (355+ words) NEW YORK, Sept 10 (Reuters) - Finnair said Chinese airlines' continued access to Russian airspace has created "extremely unfair" competition, highlighting a challenge that has weighed on the Finnish carrier since Moscow closed its skies to Western airlines. Chinese carriers continued to…...
European Natural Gas Prices Hold Near Multi-Year Highs Amid Supply Risks
3+ day, 10+ hour ago (334+ words) European and British wholesale natural gas prices remained near multi-year highs on Thursday following gains in the previous session, as investors monitored the potential impact of the Persian Gulf conflict on global energy supplies. The benchmark Dutch front-month gas contract…...
Witkoff earned nearly $107M from Trump-affiliated crypto venture, disclosures show
3+ day, 22+ hour ago (273+ words) U.S. special envoy Steve Witkoff made nearly $107 million last year from a holding company affiliated with World Liberty Financial, the cryptocurrency firm he cofounded with President Donald Trump and members of their respective families, according to financial disclosures obtained by a…...
How cash-in-hand businesses can get stuck in the informal economy
4+ day, 6+ hour ago (754+ words) Around 10% of the UK economy operates off the books. That means billions of pounds worth of cash-in-hand payments that never get taxed. But all of that cash isn't necessarily being handled by career criminals. Much of it is being earned…...
EU wants to edge out China in public contracts
4+ day, 7+ hour ago (339+ words) The European Union on Wednesday proposed new rules to encourage member states to choose domestic companies over Chinese bidders in government contracts. The reform is part of efforts to favour European firms and boost the 27-country bloc's key industries against…...