Trump administration authorises 172 million barrel SPR drawdown as 32 IEA nations coordinate record emergency oil release
US releases 172 million barrels from the Strategic Petroleum Reserve as IEA coordinates a record 400 million barrel drawdown amid Iran war supply disruption.
Iran: Get ready for $200 oil. IRGC fires on more ships in the Gulf
Iran warned of $200 oil as IRGC forces attacked merchant ships in the Strait of Hormuz. The IEA ordered a record 400-million-barrel strategic reserve release.
Harmony Gold Mining reports 61% operating profit surge but output decline and copper capex weigh on HMY stock
Harmony Gold (HMY) doubled its interim dividend but shares fell 6% on results day as gold output dropped 9% and costs rose. Full analysis of H1 FY26 results. Read more.
CVS stock slips as Aetna settles Medicare Advantage diagnosis code fraud case for $117.7m
CVS Health's Aetna to pay $117.7M over Medicare Advantage diagnosis code fraud. Read what this means for CVS stock and managed care enforcement.
Papa John’s agrees to explore sale as renewed private equity interest lifts PZZA
Papa John's (PZZA) surges on fresh $65/share take-private interest from TriArtisan. What it means for investors and the QSR sector. Read now.
AI chips are getting too complex to test. Synopsys (NASDAQ: SNPS) thinks it has the answer
Synopsys unveils new hardware-assisted verification platforms to speed AI chip development. Find out how the move could reshape the semiconductor design ecosystem.
Blackstone (NYSE: BX) to acquire majority stake in Advanced Cooling Technologies as AI data centre heat surge reshapes thermal management market
Blackstone (BX) agrees to acquire a majority stake in Advanced Cooling Technologies as AI-driven data centre heat loads push liquid cooling toward a $30bn market. Read more.
Oracle (NYSE: ORCL) rallies 10% after earnings as $553bn RPO signals AI infrastructure dominance
Oracle (ORCL) beats Q3 estimates with 22% revenue growth and a $553bn RPO backlog. Cloud up 44%, IaaS up 84%. FY2027 guidance raised to $90bn. Read the full analysis.
The quiet legacy cloud migration battle is heating up and Kyndryl just made a strategic move in Canada
Kyndryl expands Cloud Uplift to Microsoft Azure Canada, giving enterprises a faster way to migrate legacy IBM Power systems while keeping data local. Read more.
First new US oil refinery in half a century: What America First Refining’s Port of Brownsville project means for energy
America First Refining secures a 20-year offtake deal and nine-figure investment for the first new US oil refinery in 50 years. What it means for energy, trade, and investors. Read more.