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Business news today and breaking business updates with sharp market moves, earnings, deals, policy shifts, and clear analysis that respects your time.

An aviation fuel tanker refuelling an aircraft, illustrating jet fuel supply

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

India raised export duties on aviation turbine fuel and diesel from June 16 while leaving petrol untouched, a move that looks backward until you stop watching crude. With oil prices falling after

June 18, 2026

by Economy Desk

Centene Corporation community outreach event, with volunteers at a food bank

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

Centene is offering buyouts to most of its 61,000 employees, citing a 6 percent drop in plan membership, the expiration of enhanced ACA subsidies, and the prospect of $900 billion in Medicaid cuts over the next decade. Layoffs will follow

June 18, 2026

by Economy Desk

EA Advertising Launches to Steal TV’s Sports Budgets With In-Game Brand Deals

Electronic Arts has launched EA Advertising, a platform that lets brands buy dynamically served placements inside

Electronic board showing Nikkei 225 stock prices in Tokyo as chip stocks rally on the US-Iran ceasefire

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

A war that had hung over every chip stock for weeks came off the screens on

Blue Origin New Glenn rocket standing at Launch Complex 36, Cape Canaveral

Blue Origin’s New Glenn Rocket Explodes in Fireball During Cape Canaveral Test

An uncrewed Blue Origin New Glenn rocket exploded in a fireball during a hotfire test at Cape Canaveral on Thursday night, with no injuries, in a costly setback for Jeff Bezos's race

May 29, 2026

Business·News·Science

Anthropic Claude developer conference signage in San Francisco

Anthropic Hits $965 Billion as Samsung, SK Hynix and Micron Join the Round

Anthropic's $65 billion Series H made it the world's most valuable startup, but the round's quieter signal was the three memory chip giants who bought in.

May 29, 2026

Artificial Intelligence·Business·Markets·News·Technology

Treasurer Jim Chalmers and Prime Minister Anthony Albanese ahead of the 2026 federal budget that reforms negative gearing and capital gains tax

Treasury Modelling Says Most Young Australians Gain From Labor’s Negative Gearing and CGT Reforms

New Treasury distributional modelling shows most Australians under 40 come out ahead under Labor's plan to wind back negative gearing and the capital gains tax discount from July 2027.

May 29, 2026

Business·Economy·News

Vladimir Putin and Kassym-Jomart Tokayev at Astana talks on Gazprom gas supply to northern Kazakhstan

Gazprom Keeps Gas Flowing to Northern Kazakhstan, Putin Says in Astana

Vladimir Putin said Gazprom is supplying gas to northern Kazakhstan without interruption and framed Russian energy as the cheaper option for Astana, as the two leaders met in the Kazakh capital.

May 28, 2026

Business·Economy·News

Oil refinery fire amid the Strait of Hormuz energy security crisis as the IEA warns of the biggest energy crisis in modern history

IEA Warns of Biggest Energy Security Crisis in Modern History as Hormuz Shutdown Reshapes Global Investment

The International Energy Agency says the world faces its biggest energy security crisis in modern history as the Strait of Hormuz shutdown drives a record $3.3 trillion in global energy spending and

May 28, 2026

Business·Conflicts, Military and War·Economy·News

Australian banknotes and budget papers as Labor defends its 2026 capital gains tax overhaul

Labor Defends Capital Gains Tax Overhaul as Coalition Vows to Block It

Australia's Labor government is defending its plan to scrap the 50 per cent capital gains tax discount as the Coalition vows to block the budget's centerpiece tax reform.

May 28, 2026

Business·Economy·News

Trading screens and oil markets react to renewed US-Iran tensions as the ASX 200 falls in May 2026

ASX 200 Tumbles 1.4% as Renewed US-Iran Strikes Gut Gold Miners and Oil Slides Again

The S&P/ASX 200 fell 124.8 points to 8,592.9 on Thursday as fresh US strikes on Iran sank gold miners and dragged oil lower for a second session.

May 28, 2026

Business·Markets·News

Beef on display at a Beijing market as China imposes a 55% tariff on Australian beef imports above quota

Australia Braces for 55% China Beef Tariff as Quota Nears Trigger in Weeks

Australia's red meat industry expects strong US and Southeast Asian demand to cushion the blow as a 55% Chinese beef tariff looms within weeks, once Canberra's 205,000-ton quota is exhausted.

May 28, 2026

Business·Economy·Markets·News

Vladimir Putin and Kassym-Jomart Tokayev during the Russia Kazakhstan state visit in Astana

Russia-Kazakhstan Trade Nears Record $30 Billion as Putin, Tokayev Meet in Astana

Kazakh President Kassym-Jomart Tokayev said trade with Russia is heading toward a record $30 billion as Vladimir Putin opened a rare second state visit to Astana tied to the EAEU summit.

May 28, 2026

Business·Economy·News

Iranian flags and portraits at a ceremony as US strikes and IRGC retaliation push oil prices higher

Oil Jumps 3% as US Strikes and Iran Airbase Retaliation Revive Strait of Hormuz Supply Fears

Brent crude jumped more than 3% to $97.29 a barrel on Thursday after fresh US strikes in Iran and an IRGC claim that it hit a US airbase reignited fears over Strait

May 28, 2026

Business·Economy·Markets·News

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Business- Page 33

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

EA Advertising Launches to Steal TV’s Sports Budgets With In-Game Brand Deals

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

Blue Origin’s New Glenn Rocket Explodes in Fireball During Cape Canaveral Test

Anthropic Hits $965 Billion as Samsung, SK Hynix and Micron Join the Round

Treasury Modelling Says Most Young Australians Gain From Labor’s Negative Gearing and CGT Reforms

Gazprom Keeps Gas Flowing to Northern Kazakhstan, Putin Says in Astana

IEA Warns of Biggest Energy Security Crisis in Modern History as Hormuz Shutdown Reshapes Global Investment

Labor Defends Capital Gains Tax Overhaul as Coalition Vows to Block It

ASX 200 Tumbles 1.4% as Renewed US-Iran Strikes Gut Gold Miners and Oil Slides Again

Australia Braces for 55% China Beef Tariff as Quota Nears Trigger in Weeks

Russia-Kazakhstan Trade Nears Record $30 Billion as Putin, Tokayev Meet in Astana

Oil Jumps 3% as US Strikes and Iran Airbase Retaliation Revive Strait of Hormuz Supply Fears

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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