Industry

Oil Climbs 1% After Houthi Rebels Attack on British Oil Tanker; Trafigura Assesses Red Sea Risks

Oil Climbs 1% After Houthi Rebels Attack on British Oil Tanker; Trafigura Assesses Red Sea Risks

Trafigura is evaluating the security risks of future Red Sea voyages following an attack on the company's Marlin Luanda oil tanker by Yemen-based Houthi rebels.


Bayer Ordered to Pay $2.25 Billion to Pennsylvania Man Who Blamed His Cancer on Roundup Weedkiller

Bayer was ordered to pay $2.25 billion to a Pennsylvania man, who blamed his cancer on his exposure to the company's Roundup weedkiller.

Elon Musk's Brain Implant Startup Neuralink Found Violating US Hazardous Material Transport Rules: Report

Elon Musk's brain implant firm Neuralink was fined for violating US Department of Transportation (DOT) regulations on transporting hazardous materials.

British Oil Tanker Hit by Houthi Missile After Group Fires at US Warship—China Urges Rebels to Stop Red Sea Attacks

A British oil tanker was reported to be engulfed in flames in the Gulf of Aden after Houthi rebels hit it with a missile on Friday after transiting the Red Sea.


Latest News

Mining Giants Ordered to Pay Nearly $10 Billion Over Brazil Dam Disaster That Killed 19 People
Mining giants BHP, Vale, and their iron ore joint venture Samarco have been ordered to pay $9.67 billion in damages over a deadly dam collapse in Brazil.
FTC to Investigate AI Deals of Tech Giants Microsoft, Amazon, and Google
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
Woolworths Workers Criticize the Supermarket Over 'Woke' Australia Day Stance
Employees at Woolworths have voiced their displeasure over the supermarket's controversial Australia Day stance.
Keppel DC REIT's Second-Half DPU Falls 16.1% on Higher Property Expenses and Finance Costs
Keppel DC REIT has faced a 16.1% to 4.332 cents decline in its distribution per unit (DPU) for the second half of the year.
Levi Strauss Beats Forecasts With Quarterly Earnings Report
Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs. Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs under the leadership of incoming CEO Michelle Gass, alongside a cautious fiscal outlook for the year, according to Reuters.
US-ENTERTAINMENT-FILM-FESTIVAL-CARTOON-COMICCON
Paramount CEO Bob Bakish announced job cuts, joining an industry trend of layoffs. Paramount CEO Bob Bakish announced staff layoffs on Thursday as part of a strategic effort to operate more efficiently and reduce expenses, according to a report by CNBC.
Uranium Prices Could Soar to Historical Highs as the World’s Largest Producer Warns of Production Shortfall
The world's largest uranium producer, Kazatomprom, is anticipating production issues over the next two years, which can trigger a price rise in uranium.
China Unveils New Strategy to Turn Hi-Tech Lab Innovations Into Globally Competitive Products
China has introduced a new strategy to transform domestic innovations into commercial products that can compete in the global market.
Microsoft Market Cap Crosses $3 Trillion, Briefly Surpasses Apple
Microsoft briefly achieved a market capitalization exceeding $3 trillion during intraday trading on Wednesday.
A liquefied natural gas (LNG) tanker arr
Qatar, one of the world's top LNG producers, is delaying some deliveries to Europe due to the Red Sea crisis.
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