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Oil prices fall 20% as traders eye U.S.-Iran ceasefire breakthrough

Sagar4 weeks ago03 mins

Global oil prices have tumbled by around 20% from 2026 highs as investors have grown increasingly optimistic on prospects for a long-lasting ceasefire deal between the U.S. and Iran, which would unlock shipping through the Strait of Hormuz. Brent crude was down 1.2% on the final trading day of the month, at $92.56, as of…

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  • Business

eVTOL lawsuits threaten U.S. launch certification amid testing push

Sagar4 weeks ago011 mins

Air taxi makers have hyped science fiction-like flying cars for years. But as that dream inches closer to reality, legal squabbles are clouding that momentum. Last year, Joby Aviation sued Archer, accusing the rival air taxi maker of “corporate espionage” and using stolen information to interfere with a real estate developer deal. Weeks later, Archer…

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  • Business

U.S. threatens sanctions and military action against Oman

Sagar4 weeks ago05 mins

A man views the Rasool al-Adham mosque from the corniche at Sultan Qaboos port in Oman’s capital Muscat on February 5, 2026. Loic Venance | Afp | Getty Images The Trump administration’s threats against Oman, a longtime U.S. ally, have thrown a country known for cultivating a reputation as the “Switzerland of the Middle East”…

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  • Business

Russian drone hits apartment block in NATO state Romania

Sagar4 weeks ago03 mins

Police and forensic investigators examine the location of impact after a Russian drone struck an apartment building in Galati, western Romania. Daniel Mihailescu | Afp | Getty Images A Russian drone collided with an apartment building in Romania, a NATO member state, early on Friday morning. Romanian President Nicușor Dan said in a post on…

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  • Business

The ECB is debating rate hikes but the private sector could help out

Sagar4 weeks ago05 mins

A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in Frankfurt am Main, western Germany, on Dec. 30, 2025. Kirill Kudryavtsev | Afp | Getty Images European Central Bank policymakers face a dilemma as efforts to combat inflationary pressures with interest rate hikes risk tipping…

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  • Business

Nvidia is investing billions into tech that could change the AI sector

Sagar4 weeks ago04 mins

Nvidia has committed at least $6.5 billion into companies developing photonics technology in the past three months, as the company races to invest in solving one of the major bottlenecks to the rollout of AI. Photonics, the use of light to transmit data, is an emerging technology considered to be a more efficient alternative to…

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  • Business

Blue Origin’s New Glenn rocket explodes on launchpad during ground test

Sagar4 weeks ago03 mins

The first stage of Blue Origin’s New Glenn rocket, named ”Never Tell Me The Odds,” returns to Port Canaveral, United States, on April 19, 2023. The booster is onboard the drone ship Jacklyn, where it landed after a successful launch. This marks the first time Blue Origin is reusing the same first stage. (Photo by…

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Innovent shares rise 10% after pact with Pfizer of up to $10.5 billion

Sagar4 weeks ago02 mins

Two employees in pharmaceutical industry wearing protective gloves, mask, cap and white suit seen standing by the machine that is the part of the medicaments production during the working hours in a pharmaceutical manufacturing. Extreme-photographer | E+ | Getty Images Shares of Innovent Biologics rose 10% after the company entered into a deal with pharmaceutical giant…

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LG Electronics shares jump after debut of Google-based car products

Sagar4 weeks ago02 mins

LG Electronics India is seeking a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a bustling IPO market with one of India’s largest offerings so far this year. Nurphoto | Nurphoto | Getty Images Shares of LG Electronics surged as much as 23.95% after the company announced a series of…

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Michael Dell courted Trump early. His company has reaped rewards

Sagar4 weeks ago07 mins

CEO of Dell Technologies Michael Dell (L) speaks during a roundtable discussion with U.S. President Donald Trump in the Roosevelt Room at the White House on Dec. 10, 2025 in Washington, DC. Alex Wong | Getty Images Michael Dell bought into President Donald Trump‘s second term early. Now his hardware company Dell Technologies is closing…

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  • Red Lobster’s endless-shrimp promotion was a ‘car crash,’ lawsuit says
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