Business News: Global Companies, Markets & Economy

Bangkok skyline at sunset with modern skyscrapers and a temple along the Chao Phraya River.

Thailand’s AI Momentum Faces a 2027 Slowdown, HSBC Warns

Thailand’s economy is set to receive a short-term jolt from artificial intelligence-linked investment, but the tailwind is expected to fade by 2027,...

Oil tanker in the Strait of Hormuz at sunset

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Crude Oil Bounces on Hormuz Scare, Rally Fails to Convince

Crude oil prices briefly jumped by as much as 2% on Monday following unconfirmed reports of a security incident near the Strait...

A military-grade drone in flight during a test, representing Stark's defense technology.

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Peter Thiel-backed fund invests in German drone startup Stark despite past criticism

German drone manufacturer Stark has secured €500 million in a new funding round that includes participation from a venture capital firm backed...

Exterior of an Avis car rental office with corporate signage on a city street

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Hedge Fund Pentwater to Pay Avis $650 Million in Settlement Over Stock Trading Claims

Hedge fund Pentwater Capital has agreed to pay Avis Budget Group $650 million to settle claims that it rapidly sold shares in...

Exterior of Uber headquarters building in San Francisco on a cloudy day

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Shareholder lawsuit accuses Uber board of ignoring safety failures, putting profits first

A Detroit pension fund has filed a lawsuit against Uber Technologies Inc.’s board of directors and CEO Dara Khosrowshahi, accusing them of...

A large oil tanker navigates the strategic Strait of Hormuz waterway.

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WTI crude surges nearly 2% as Strait of Hormuz closure fears rattle markets

West Texas Intermediate (WTI) crude oil futures jumped nearly 2% on Tuesday, settling above $82 per barrel, as traders reacted to reports...

Empty chairs and flags at a conference table in Switzerland after Iran suspended nuclear talks with the US.

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Iranian Negotiators Suspend Nuclear Talks With US in Switzerland

Iranian negotiators suspended high-stakes nuclear talks with the United States in Switzerland on Tuesday, according to reports from Iranian state media, halting...

Shinkei Systems' Poseidon robot on a fishing boat scanning a fish for humane harvesting

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Founders Fund bets on robot that kills fish humanely, aiming to fix a broken seafood chain

Earlier this week, at TechCrunch’s StrictlyVC event in El Segundo, a question that rarely surfaces at a venture gathering took center stage:...

Exterior of Rathbones office building in London's financial district on a cloudy day

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Rathbones’ compliance blunder hands rivals an edge in the battle for Britain’s wealthy clients

Rathbones Group, one of the UK’s oldest wealth managers, saw its shares plunge 17% on Wednesday after the firm disclosed that an...

Brent crude oil price ticker showing $80 at sunset with storage tanks in background

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Brent at $80: Did the Market Buy the Iran Deal Twice?

Brent crude oil futures have repeatedly brushed against the $80 per barrel mark in recent weeks, driven by a familiar catalyst: shifting...

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