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Economy

Paramount Skydance gets $40B personal backing from Larry Ellison for WBD bid

Oracle co-founder Larry Ellison has agreed to personally backstop a crucial portion of the financing behind Paramount Skydance’s hostile bid for Warner Bros

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Economy

Brent crude oil price analysis: Levels to eye amid the crash

Crude oil price extended previous losses to a two-month low as concerns over a supply glut and slowing demand growth continue to weigh

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Economy

Analysis: oil caught between geopolitical forces as experts see volatile market

The oil market currently sits between two distinctive scenarios, involving the growing supply risk from Venezuela, and prospect of a peace deal between

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Economy

BP breaks tradition; names Meg O’Neill as first outsider and female CEO

BP has appointed Meg O’Neill, the chief executive of Australia’s Woodside Energy, as its new CEO.  This move signals BP’s intention to intensify

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Economy

Russia warns US against ‘fatal mistake’ as Venezuela shipping tensions rise

Russia’s Foreign Ministry said on Thursday that it hoped the administration of US President Donald Trump would not make a grave error in

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Economy

Commodity wrap: gold steady on rate cut hopes, oil rises on sanction fears

Gold prices pared losses from earlier in the day as softer-than-expected US inflation data raised hopes of Federal Reserve rate cuts next year. 

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Economy

Commodity wrap: gold flat, oil set for second weekly decline, base metals in green

Gold prices eased and remained flat on Friday due to a stronger dollar against a basket of major currencies. Meanwhile, silver climbed more

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Gold

Zcash price forecast following the Zebra 3.1.0 release

Zcash (ZEC) continues to demonstrate resilience in the cryptocurrency market, with recent developments shaping its near-term trajectory. Over the past 24 hours, Zcash

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Gold

US midday market brief: stocks rise as Nvidia lifts AI trade, Nasdaq leads gains

US stocks displayed resilience on Friday as Nvidia and other AI-focused semiconductor names powered a tech-led rebound, sending the Nasdaq Composite higher while

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Gold

Trump secures deals with nine pharma firms to lower US drug prices, avert tariffs

US President Donald Trump announced deals with nine major pharmaceutical companies on Friday to lower US drug prices in exchange for three-year exemptions

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