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Tiny Iran-Linked Tanker Tests US Blockade With Arabian Sea Move
A tiny tanker that’s reportedly transporting liquefied gas from Iran is testing a US blockade of the Islamic Republic’s shipping.
Lauren Kyle & Oilers Wives debut custom initial jackets for McDavid & Game 1
NHL Game 1 shifted the heads of other partners of the Edmonton Oilers, such as Lauren Kyle, when they attended the games in support of Connor McDavid and the team. The group were dressed in matching custom jackets with personalized initials, showing unity off the field. The visual was quick to spread over the internet and brought an additional layer of lifestyle and fan culture to the atmosphere of the playoffs in Edmonton.
Odd Lots: QXO’s Brad Jacobs on His Big Insulation Bet (Podcast)
He’s done it again. On Sunday night, building supply company QXO announced that it would be acquiring TopBuild for $17 billion. TopBuild sells and installs insulation for both the residential and commercial markets. For Brad Jacobs, the CEO of QXO, this is just the latest in a lifetime of deals he’s made. In fact, he’s made over 500 deals in his life across numerous public companies that he’s founded, most of which have XO somewhere in the ticker. Brad’s companies all tend to be highly focused o
Ugandan Banks Balk at New ‘Foreign Agents’ Registration Law
Ugandan banks are seeking an exemption from proposed legislation requiring all businesses and individuals that receive funds from outside the country to be registered, arguing that the measure will negatively impact their ability to raise capital.
Le Pen’s Energy Plan for France Called a ‘Disaster’ by Engie CEO
A plan by Marine Le Pen’s far-right party to scrap renewables and the energy regulator would be a disaster for France, the CEO of giant utility Engie SA said, in one of the sharpest rebukes from a business leader ahead of next year’s presidential election.
US Natural Gas Ticks Down on Mild Weather, Growing Surplus
US natural gas futures fell slightly as weather forecasts shifted warmer, indicating slightly lower demand for the heating and power-plant fuel. Expectations that domestic stockpiles will move higher above the five-year average may also be putting pressure on prices.
Oil market has lost a billion barrels due to Iran war, Vitol boss warns
Top energy traders warn of unprecedented hit to global energy supplies
F.A.A. Investigates Close Call Between Southwest Planes in Nashville
An aborted landing at Nashville International Airport on Saturday put one of the planes on a potential collision course with another plane taking off.
EU fuel prices post fastest rise since 2022 — Eurostat
For gasoline, the largest increases were seen in Belgium, Sweden, Austria, Czech Republic, Estonia, and Lithuania, where prices rose by 14-15%
BMO, Teck, TC Energy CEOs to Advise Carney on US Strategy on New Panel
Prime Minister Mark Carney is turning to some of Canada’s most prominent business executives, including Bank of Montreal’s Darryl White, to give him advice on how to handle Canada’s economic relationship with the US.
Conflict around Iran causes the largest oil crisis in history — IEA chief
According to Fatih Birol, the crisis will affect developing economies most
Turkish companies discuss participation in Akkuyu project with Rosatom — CEO
Turkish companies are highly interested of taking a stake in the authorized capital of this project, Alexey Likhachev said
Share of Russian-made cars in Russia’s market reaches 59% in Q1 — Autostat
A number of Chinese brands have localized production in Russia
Sinopec Cuts CATL Stake in Half After 180% Post-Listing Rally
A unit of Sinopec, China’s biggest oil refiner, has cut its stake by more than half in battery maker Contemporary Amperex Technology Co. after a sharp rally in the stock.
Russia ready to supply warheads for UAVs, kamikaze drones to Malaysia — agency
According to the report, this concerns warheads weighing 2.5 kg, 3 kg, and 5 kg
Polish Arms Maker Set for Record Sales on Defense Spending Spree
Poland’s biggest defense group is targeting another record year as the European Union’s largest land force ramps up spending to counter threats from Russia and tap into new EU funding.
Russia Set to Ramp Up Oil Flows as Impact of Drone Strikes Fades
Moscow has resumed loading operations at key ports, setting the stage for a rebound in exports
Canucks offseason depth chart: Trade chips, roster holes, free agents and more
The Vancouver Canucks shouldn’t be thinking like a conventional NHL team, and the sooner the organization realizes it — from management on down — the better off this rebuilding process will flow.This offseason, for example, the Canucks shouldn’t be concerned about filling out their roster with the playoffs in mind. The focus, instead, should be on shedding as many long-term contractual commitments to players in their late 20s and early 30s with no-move and no-trade protection built into their de...
VW to export more China-made EVs in global sales drive
Strategy pivot coincides with slowdown and fierce competition in world’s largest automotive market
Severstal Q1 net profit under IFRS plunges over 360-fold to $280.75 mln
The company’s EBITDA fell by 54% year-on-year to $239.04 mln