The US Energy Department plans to buy up to 4.5 million barrels of oil to replenish the Strategic Petroleum Reserve (SPR).
Government
Joe Biden Stands Down From White House Race — Here’s How the Business World Reacted
US President Joe Biden announced that he was standing down from the country’s presidential election this November, endorsing Vice President Kamala Harris on his stead.
Poland Inches Into War Footing as It Allots 5% of 2025 GDP on Defense
Polish Foreign Minister Radoslaw Sikorski announced that it was planning to spend 5% of its gross domestic product on defense by 2025.
Business Executives Divided Over Trump Picking JD Vance as VP Running Mate
Republican Party presidential candidate Donald Trump announced on the first day of the Republican National Convention Monday (July 15) that he has chosen first-term Ohio senator JD Vance as his vice-presidential running mate, triggering reactions from business executives across multiple sectors.
UK's Electoral Commission Reveals Labour's Nearly Fivefold Donation Increase After Election Win
The UK’s Electoral Commission revealed that the Labour Party, which won a landslide victory in this month’s general election, received almost five times as much campaign donation money as the Conservative Party.
Latest News
US sanctions have created obstacles for Russian imports of Chinese cars. US sanctions have created obstacles for Russian imports of Chinese cars, which have been crucial for the domestic market in recent years.
As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings.
Hotel guests in New York will no longer be able to receive "hospitality care" goods like shampoo and lotion in small bottles.
Sri Lanka has approved changes to its telecommunications law to allow Elon Musk's Starlink to establish operations in the South Asian nation.
Over 100 Top CEOs from America's largest companies avoided financially supporting major party candidates in the 2024 presidential race, with most focusing contributions on congressional campaigns instead.
The extension of the 2017 Tax Cuts and Jobs Act would predominantly benefit higher-income households, according to an analysis by the Urban-Brookings Tax Policy Center.
A Los Angeles man was sentenced to four years in prison for his role in laundering over $15.5 million for international drug traffickers.
Analysts believe the US economy is returning to pre-pandemic norms, but election uncertainties may bring volatility due to potential shifts in economic policies based on electoral results.
Eric Trump has reportedly revealed the Trump Organization's intentions to expand its real estate and hospitality ventures in the Middle East, even as his father, former President Donald Trump, seeks re-election.
