International
Petrol prices strain US households as oil giants Chevron, Exxon profits soar
Low-income US households are hit hardest, spending more than 10 percent of monthly income on petrol as prices rise.
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Business
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International
Pentagon boosts Patriot, THAAD interceptor output amid stockpile strain
Defence giants Lockheed and Northrop see billion-dollar deals as Pentagon accelerates missile arsenal production
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International
Trump slams Chevron CEO, demands immediate reduction in US fuel prices
Trump claims Chevron's success stems from his policies, calling for urgent reductions in US fuel prices for consumers.
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Finance
Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
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International
New York imposes landmark one-year ban on large data centres
Data centre moratorium pushes have gained steam around the US, with bans proposed in at least a dozen states.
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International
US consumer prices drop in June as energy costs tumble
Inflation eased due to cheaper energy, but experts warn price increases may return after renewed US-Iran tensions.
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International
‘Piracy’: Will Trump’s 20 percent Hormuz toll find takers?
Trump says the US will start charging a cargo fee for ships passing through the Strait of Hormuz.
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International
How new Yemen tensions could complicate the global energy crisis
If the fighting in Yemen expands, and the Houthis try to block Bab al-Mandeb, the world economy faces a new shock.
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International
Oil prices hit 1-month high as US-Iran attacks dim Strait of Hormuz outlook
Brent crude nears $85 a barrel amid renewed hostilities between Washington and Tehran.
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International
Indonesia’s jailing of Gojek founder raises fears for investor confidence
Authorities say Nadiem Makarim abused his authority to favour Google in the procurement of laptops for school kids.
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International
Hundreds of experts warn the world must prepare now for AI’s impact
More than 200 economists and AI researchers call on leaders to immediately prepare for sweeping economic disruption.
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International
Twelve US states sue Paramount to block Warner Bros merger
The states claim the $110bn acquisition would limit competition in the TV and film industries.
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