Saturday, May 16, 2026
35 C
Dubai
Saturday, May 16, 2026

Business

SpaceX is on the verge of a historic public offering that could see the company valued at $1.75 trillion. This valuation would rank it among the largest publicly traded companies in history, sitting alongside tech giants...
Oil prices experienced an extraordinary 24-hour cycle, dropping sharply after Donald Trump reassured markets while simultaneously warning of future strikes. After Brent crude hit a peak of $119.50, it fell back to approximately $91 after the...

Oil Prices Refuse to Retreat as New Iranian Supreme Leader Takes Power

The appointment of Mojtaba Khamenei as Iran's new supreme leader did nothing to calm oil markets, which had been watching the Middle East conflict...

Power Grids Across Europe Under Strain as Oil and Gas Prices Soar

Power grids across Europe are coming under increasing strain as the Iran conflict drives both oil and natural gas prices to their highest levels...

How Iran’s Warning to Tankers Effectively Closed the World’s Oil Tap

In a matter of hours on Saturday evening, a reported warning from Iran to tankers in the Strait of Hormuz effectively closed one of...

Trump Raises Tariffs to 15% and Invites a New Round of Legal Battles

Just hours after one of his signature policies was struck down by the Supreme Court, President Trump announced a new 15% global tariff drawn...

Crude Quality Specifications Meet Geopolitical Realities in Procurement Decisions

The intersection of crude quality specifications and geopolitical realities created a complex decision matrix for Indian refiners in 2025, balancing technical requirements with broader...

‘Buy European’ Policy Framework Approved at Landmark EU Meeting

The European Union's summit at a Belgian castle produced consensus on "Buy European" policies protecting strategic sectors. Leaders addressed Europe's competitiveness through coordinated responses...

Bank of England Keeps Rates Steady at 3.75% as Digital Economy Transformation Affects Policy Transmission

The Bank of England has held interest rates unchanged at 3.75%, as the ongoing digital transformation of the economy affects how monetary policy transmits...

Silver and Gold Rally After Dramatic Plunge Sparked by Fed Chairman Selection Announcement

Precious metals markets demonstrated recovery Monday following a violent downturn that had created widespread concern among investors. Gold advanced from an 8% drop to...

Liverpool Becomes Chery European Hub in Landmark Investment Agreement

Liverpool will become the European headquarters for Chinese carmaker Chery's research and development operations, with the state-owned manufacturer establishing a comprehensive facility on Merseyside....

The Safe Haven Paradox: Is Germany’s Gold Less Secure in the World’s Financial Capital?

For over half a century, New York was considered the safest place on Earth for gold. It was the "safe haven" of the world’s...

Silver Surges to Record $94 and Gold Reaches $4,689 as Low Volatility Creates Asymmetric Risk Environment

Monday's global financial markets witnessed extraordinary movements as precious metals achieved historic price levels while volatility metrics suggested investor complacency. Silver led the precious...

Trump’s “Historic” Anniversary Gift: Lower Interest Rates

Donald Trump is marking the one-year anniversary of his administration with a "historic" gift to the American people: a 10% cap on credit card...

Recent articles