Business- Page 62

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

Aerial view of British Steel's Scunthorpe steelworks in Lincolnshire, UK, as the government formally nationalized the facility on July 17, 2026

China Warns of Investment Fallout After UK Seizes British Steel From Jingye

Britain nationalized British Steel on Thursday, ending Jingye Group's six-year ownership. China's Ministry of Commerce issued a formal protest the same day, saying the UK seizure seriously damaged Jingye's rights and undermined

July 18, 2026

by Europe Desk

Apple retail store in Paris as Apple reclaims world's most valuable company title from Nvidia

Apple Reclaims World’s Most Valuable Company Title as Nvidia Slides 3.5%

Apple overtook Nvidia on Friday to reclaim the world's most valuable company title after Nvidia's stock dropped 3.5%, pushing Apple's market cap to $4.88 trillion. Analysts say the shift signals a rotation from AI chipmakers to consumer-facing AI companies as

July 18, 2026

by Economy Desk

Why Offshore Financial Havens Still Shape Global Political Leverage

Offshore financial centres rarely make front-page news the way summits or sanctions packages do. Yet these

Airport departure board showing flight times affected by daylight saving time changes

Airlines Warn Permanent Daylight Saving Time Needs Two Years to Implement

Airlines for America warned Congress this week that making daylight saving time permanent could take up

US President Donald Trump speaks with reporters in the James Brady Press Briefing Room at the White House about Iran war ceasefire negotiations and oil markets

Trump Says He ‘Couldn’t Care Less’ if Iran Talks Collapse, Then Claims Negotiations Moving at ‘Rapid Pace’

President Trump told CNBC he 'couldn't care less' if Iran peace talks ended, only to post hours later that negotiations were continuing at a 'rapid pace,' as oil jumped nearly 5% and

June 2, 2026

Business·Conflicts, Military and War·Economy·Government and Politics·News

Cargo ships pass through the Strait of Hormuz as Iran-US tensions reshape Gulf shipping routes

Chinese Bulk Carrier Docks at Iraq’s Umm Qasr, First Ship Through Hormuz Since Blockade

A Chinese bulk carrier carrying 29,000 tonnes of oil sector equipment became the first vessel to dock at Iraq's Umm Qasr port via the Strait of Hormuz after Trump announced a blockade

June 1, 2026

Business·Conflicts, Military and War·News

Gas station fuel pump as oil prices surge after Iran suspends US ceasefire talks

Iran Suspends US Talks, Threatens Hormuz Closure as Crude Surges 8% to $95

Tehran halted ceasefire negotiations with Washington on Monday, citing Israel's escalating Lebanon offensive, sending crude oil surging over 8% toward $95 a barrel and pushing Treasury yields sharply higher.

June 1, 2026

Business·Conflicts, Military and War·Economy·Government and Politics·News

BOTAS SOCAR signing Absheron gas agreement Baku Energy Week 2026

Turkey Signs 15-Year Deal for Azerbaijani Gas from Absheron Field, Eyes European Hub Role

BOTAS signed a 15-year agreement with SOCAR, TotalEnergies and ADNOC for 33 billion cubic meters of gas from Azerbaijan's Absheron field, starting 2029, as Turkey advances its energy hub ambitions.

June 1, 2026

Business·Economy·News

UK house prices fall May 2026 Nationwide House Price Index

UK House Prices Fall for First Time in 2026 as Iran War Drives Mortgage Costs Higher

UK house prices fell 0.6% in May, the first monthly decline of 2026, as the Iran conflict raised mortgage costs and sapped buyer confidence, Nationwide's latest index shows.

June 1, 2026

Business·Economy·News

Chinese delegation at OECD headquarters Paris trade talks 2026

China Gave Its Industries Up to Eight Times More State Aid Than Western Rivals, OECD Finds

A landmark OECD database tracking 525 manufacturers across 15 sectors found Chinese firms received three to eight times more government support than OECD peers between 2005 and 2024, with subsidies reaching $108

June 1, 2026

Business·Economy·News

Smoke rises from Beaufort Castle in southern Lebanon as Israeli forces advance and oil prices surge

Oil Jumps as Israel Seizes Beaufort Castle, U.S. and Iran Trade Strikes, Kuwait Hit by Drones

Oil futures surged more than 2% on Monday after Israel captured Beaufort Castle in southern Lebanon, the U.S. bombed Iranian radar sites in Goruk and Qeshm, and Kuwait scrambled air defenses against

June 1, 2026

Business·Conflicts, Military and War·Economy·News

Contractors build a new home at Taylor Morrison La Solara community in Dublin California

Berkshire Hathaway Acquires Taylor Morrison in $8.5 Billion All-Cash Deal, Abel’s First Major Move

Berkshire Hathaway agreed to buy Taylor Morrison Home Corporation for $72.50 per share in an all-cash deal valuing the homebuilder at $8.5 billion, the first major acquisition under CEO Greg Abel.

June 1, 2026

Business·Economy·Markets·News

Investors discuss AI groupthink and the venture capital frenzy at StrictlyVC Athens 2026

AI’s Trillion-Dollar Frenzy Is Meeting Its First Reality Check

Enterprises are cutting AI spending after burning millions with no clear ROI, VCs confess they have never seen more groupthink in Silicon Valley, and the approaching IPO wave for OpenAI, Anthropic, and

June 1, 2026

Artificial Intelligence·Business·News·Technology

Armenian Prime Minister Nikol Pashinyan and Russian President Vladimir Putin talk at the Kremlin, April 1, 2026

Putin Calls Pashinyan on His Birthday, Two Leaders Agree to Meet as Armenia Votes

Russian President Vladimir Putin called Armenian Prime Minister Nikol Pashinyan on Monday to wish him a happy birthday, and the two leaders agreed to meet face to face at the earliest opportunity

June 1, 2026

Business·Government and Politics·News

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Business- Page 62

China Warns of Investment Fallout After UK Seizes British Steel From Jingye

Apple Reclaims World’s Most Valuable Company Title as Nvidia Slides 3.5%

Why Offshore Financial Havens Still Shape Global Political Leverage

Airlines Warn Permanent Daylight Saving Time Needs Two Years to Implement

Trump Says He ‘Couldn’t Care Less’ if Iran Talks Collapse, Then Claims Negotiations Moving at ‘Rapid Pace’

Chinese Bulk Carrier Docks at Iraq’s Umm Qasr, First Ship Through Hormuz Since Blockade

Iran Suspends US Talks, Threatens Hormuz Closure as Crude Surges 8% to $95

Turkey Signs 15-Year Deal for Azerbaijani Gas from Absheron Field, Eyes European Hub Role

UK House Prices Fall for First Time in 2026 as Iran War Drives Mortgage Costs Higher

China Gave Its Industries Up to Eight Times More State Aid Than Western Rivals, OECD Finds

Oil Jumps as Israel Seizes Beaufort Castle, U.S. and Iran Trade Strikes, Kuwait Hit by Drones

Berkshire Hathaway Acquires Taylor Morrison in $8.5 Billion All-Cash Deal, Abel’s First Major Move

AI’s Trillion-Dollar Frenzy Is Meeting Its First Reality Check

Putin Calls Pashinyan on His Birthday, Two Leaders Agree to Meet as Armenia Votes

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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