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Hormuz Oil Shock To Boost Electric Car Sales: World Energy Body
According to the IEA, the number of electric vehicles (excluding two-wheelers and three-wheelers) globally is projected to increase from approximately 80 million today to 510 million by 2035.
Lululemon shakes up board as part of truce with founder
Athleisure brand will add two of Chip Wilson’s three picks in exchange for 18-month pause in agitations
TMF Group Expands Its Partnership With Fenergo to Deliver Fully Digitalised Investor Onboarding
TMF Group, a provider of end-to-end support across the asset manager’s lifecycle, today announced the expansion of its partnership with Fenergo, a leading provider of SaaS financial technology solutions to improve client lifecycle management (CLM) and support regulatory compliance. Under this renewed agreement, TMF Group will offer clients a fully digitalised investor onboarding experience. The firm will be able to deliver a more unified, transparent and real-time investor experience, enablin...
ClickHouse triples anualized revenue to $250M, charting a path toward an IPO
Database provider ClickHouse has crossed $250 million in annualized revenue run rate, tripling its business from last year, Yury Izrailevsky, co-founder and president of product and technology, told TechCrunch. Israilevsky expects the revenue figure to reach the high nine figures by the end of the year. ClickHouse was valued at $15 billion in January following a $400 million Series D funding round led by Dragoneer Investment Group. The latest valuation implies a steep forward multiple of over 60...
Morningstar Shares Perspective from Global Asset Owners
Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, today shares results from the qualitative phase of its Asset Owner Perspectives Survey. The findings were taken from interviews with 25 of the largest institutional asset owners from North America, Europe and Asia-Pacific. These individual discussions, conducted by Morningstar Indexes and Morningstar Sustainalytics in March and April 2026, are designed to check the pulse of the global asset owner communit...
Ed Yardeni Says Dip-Buying Opportunities in This Market Are Wishful Thinking
Edward Yardeni, president at Yardeni Research, says the basic thrust of the market is higher as he touts “FEMO” or the “fabulous earnings momentum” he sees driving a melt up in stocks. (Source: Bloomberg)
The Last Byte: The DRAM Shortage Auto Industry Never Saw Coming
InnovationTransportationThe Last Byte: The DRAM Shortage Auto Industry Never Saw ComingBySarwant Singh,Contributor.Forbes contributors publish independent expert analyses and insights. Futurist and Industry Thought LeaderFollow AuthorMay 27, 2026, 08:52am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Text "chip shortage" on a chip of an electronic board. Concept on world production shortage of microchips and semiconducto...
BP’s Long History of Management Turmoil Makes an Unexpected Return
The sudden firing of the oil giant’s chairman raises questions about the board’s personnel decisions.
Alan Cumming: ‘I feel the hatred towards myself’
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Inside the radical festival uniting the left and right
How The Light Gets In – the philosophy festival which returns to London this September – is the best of the 2026 festivals, and offers an unrivalled opportunity for human connection ★★★★★ Picture the scene: Jeremy Corbyn and Reform UK’s head of policy are kicking back together in a field in Wales. Admittedly, they aren’t alone: people from as far afield as China, Brazil and Afghanistan have come to the world’s biggest philosophy festival to hear opposing voices engage in rational debate – or...
Hollywood Bowl boss: ‘Incredibly painful’ tax hikes make it harder to hire
The boss of Hollywood Bowl has hit out at Labour’s “incredibly painful” hikes to national insurance and the minimum wage for making it harder to employ workers. Stephen Burns, chief executive of the UK’s largest tenpin bowling operator, told City AM that Labour policy has made it “significantly more expensive to employ somebody than it ever was before.” He said: “The increases in national insurance contributions are incredibly painful for employers, [as is] the constant increase in national...
Copper Startup Quilla Is in IPO Talks Ahead of Peru Mining Expansion
Copper startup Quilla Resources Inc. is in discussions with prospective advisers about listing shares in Toronto as it weighs expansion plans in Peru.
Energy bill mistake costing Britons £248 in savings as millions brace for Ofgem price cap hike
A common energy bill mistake is costing Britons up to £248 in savings as millions brace for the upcoming Ofgem price cap hike.This morning, the UK's energy regulator confirmed the energy price cap will increase by 13 per cent to £1,862 annually from July 1, with additional rises forecast for the autumn months.Gas prices are bearing the brunt of the increase, jumping 27.7 per cent compared to a more modest 5.8 per cent rise for electricity.Under the new rates, households will pay 7.33p per kilowa...
Samsung memory chip staff in line for £310,000 bonuses after AI profit-sharing deal
Agreement shows the latest impact of AI boom as two more chipmakers join $1tn clubEmployees at Samsung Electronics’s memory chip division are to receive bonuses averaging about £310,000 each through a landmark profit-sharing agreement, as the AI boom drives up chipmakers’ profits.Fears of a strike at Samsung were averted on Wednesday after two unions for the world’s largest memory chipmaker said that 74% of the 62,616 workers who cast their votes had backed the deal. Continue reading...
US Premarket Movers for May 27, 2026
S&P 500 Index futures rise 0.3% as of 7:35 a.m. in New York as optimism around artificial intelligence, lower oil prices and easing bond yields drives bullishness.
Married federal judge repeatedly had courthouse sex with law enforcement officer, complaint alleges
A married federal judge repeatedly had sex with a law enforcement officer inside courthouse chambers while clerks worked just outside the office door, then falsely denied the affair when confronted, a judicial misconduct report alleges.Multiple clerks overheard "kissing sounds," "moaning" and other sounds consistent with sexual activity coming from the judge’s private office over a period spanning roughly two years, the judicial complaint filed in the Eleventh Circuit Court of Appeals stated.One...
Stocks Extend Highs; Paxton Defeats Cornyn in Texas Senate Runoff | Bloomberg Brief 5/27/2026
AI optimism drives US stocks to another record high. Market capitalization of SK Hynix and Micron hit $1 trillion. Texas Attorney General Ken Paxton defeated incumbent John Cornyn winning the state's GOP Senate runoff after securing an endorsement from President Trump. Ella Gude of BNY Investments Newton discusses inflation risks. (Source: Bloomberg)
TG Jones owner Modella buys Flying Tiger in latest high street swoop
Modella Capital has snapped up Flying Tiger Copenhagen in the private equity firm’s latest swoop on the British high street. The private equity firm sealed the previously trailed deal with Danske Bank and Nordea, the owners of Flying Tiger, on Wednesday. Modella bought Claire’s Accessories before shortly pushing it into administration and its empire of former WH Smith stores are on the brink of a drastic restructuring. Flying Tiger, the firm’s latest high street acquisition, operates arou...
Adani Firms Extend Rally to Recoup Losses Sparked by Hindenburg
Shares of billionaire Gautam Adani’s group companies have erased all losses triggered by a scathing short-seller report in 2023, as the conglomerate overcomes regulatory challenges.
Why it's now harder to get a Saturday job
The boss of Next has warned there has been a "dramatic fall" in the number of entry-level job opportunities in the UK.