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A measure of Oracle Corp.’s credit risk hit a record high on Friday as concerns grew about both the company’s aggressive cash-burn and the future profitability of its artificial intelligence investments amid a new Chinese model that could rival offerings from companies like OpenAI.
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Canada's relationship with the U.S. has frayed amid Trump's tariff-heavy agenda and vocal displeasure with the nations' trilateral trade pact with Mexico.
The global oil price went above $90 but pulled back on signs of hope for a reduction in tensions.
Oil prices have surged around 20% this month as fighting between the U.S. and Iran has sharply escalated.
As chancellor, John Healey, who quit as defense secretary in the former government, will fill one of the most consequential posts, overseeing fiscal and economic policy.
A month ago, drivers were enjoying some relief at the pump after the U.S. and Iran signed a deal intended to reopen the Strait of Hormuz. Now, prices are rising again.
$81bn merger halted for at least two weeks after US states sued to block deal, saying it would ‘extinguish competition’ A federal judge on Monday ordered Paramount and Warner Bros Discovery to halt their $81bn merger for at least two weeks, allowing states that are challenging the deal more time to see their case through in court. Twelve states, led by California , sued to block Paramount’s pending buyout of Warner last week – alleging that such a combination would “extinguish competition” in Hollywood and lead to fewer choices for consumers, particularly moviegoers and cable customers across the US. Continue reading...
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