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Over $40bn & global fuel crisis: What it cost US and the world to 'open' Strait of Hormuz
A costly US military operation, dubbed 'Epic Fury,' aimed at reopening the Strait of Hormuz has resulted in billions spent, hundreds of aircraft lost, and thousands of lives lost across the region. Despite the immense price, Iran maintains the strait was never closed, highlighting a stark paradox in the conflict's outcome and its devastating global impact on trade and energy.
'Scrap the tech tax or lose your wine market': Trump's 100% tariff warning to France Prez Macron
Donald Trump has threatened France with a 100% tariff on wine and champagne unless it scraps its 3% digital tax on US tech giants like Apple, Amazon and Alphabet. Speaking to the New York Post ahead of the G7 summit in Évian, Trump said he had "no choice." Macron refused to back down, calling tariffs between G7 nations counterproductive. The US is the biggest buyer of French wine, making the threat a serious economic blow.
Dubai Chambers promotes emirate as global business hub during London dialogue - Emirates 24|7
Dubai Chambers promotes emirate as global business hub during London dialogue Emirates 24|7
Fox to buy Roku streaming firm in $22bn deal
Fox to buy Roku streaming firm in $22bn dealJust nowShareSaveAdd as preferred on GoogleNurPhoto via Getty ImagesMedia giant Fox is buying the streaming firm Roku in a deal the companies say will create the third largest player in US TV by share of viewing.Fox's move is being seen as a bet that combining streaming with its news and sport offering will leave it in a strong position as TV audiences move online.The offer of $160 per share, made up of cash and stock, values Roku at $22bn (£16bn)."Thi...
Fox Will Buy Roku For $22 Billion
BreakingBusinessFox Will Buy Roku For $22 BillionByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorJun 15, 2026, 08:30am EDTToplineFox Corporation on Monday announced it reached an agreement to buy the streaming service Roku for $22 billion, expanding Fox’s streaming portfolio in a transaction the companies said would create the “third-largest player in U.S. television.”The tie-up will create the “third-largest player in U.S. television,” the compa...
Robert Jenrick pledges to put ‘British workers first, migrants second’ as he outlines Reform’s new business tax plans
Robert Jenrick has pledged that Reform will put “British workers first, migrants second” in Government. To achieve this aim, the Reform economics spokesman announced plans to increase taxes for businesses that employ foreign workers.The policy would slash employers' National Insurance contributions for British workers while maintaining the current rate for foreign employees, giving firms a tax incentive to recruit from the domestic workforce.Businesses hiring overseas workers would also be requi...
Where AI Risk Debt Accumulates And How To Manage It
InnovationWhere AI Risk Debt Accumulates And How To Manage ItByExpert Panel®,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 08:15am EDT gettyOrganizations are racing to embed AI into everyday workflows, decision-making processes and customer-facing systems. As adoption spreads, many are also accumulating a new kind of technical and ope...
Why Your Biggest Pricing Problem Isn't The Big Decisions
InnovationWhy Your Biggest Pricing Problem Isn't The Big DecisionsByPascal Yammine,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 07:30am EDTPascal Yammine is CEO of Zilliant, a leader in price optimization and management software for business. gettyEvery company has a pricing strategy. Most believe they're executing it, but the reali...
Rupee rallies to five-week high on crude oil plunge; RBI measures add to momentum
The Indian rupee strengthened against the US dollar for a second consecutive day, buoyed by a significant drop in crude oil prices following a preliminary US-Iran agreement. This rise also builds on recent Reserve Bank of India measures aimed at attracting dollar inflows. Traders anticipate further support for the rupee, though its appreciation pace may hinge on the RBI's policy.
Economist Mark Zandi, who warned of US recession, agrees with ban on Anthropic Fable AI models
Moody's Analytics chief economist Mark Zandi warns that sudden U.S. government restrictions on Anthropic's advanced AI models pose a significant economic threat. This move, coinciding with the historic SpaceX IPO, highlights market vulnerability to regulatory shocks and investor optimism over AI's potential.
Central bank keeps policy rate unchanged at 11.5pc
Central bank keeps policy rate unchanged at 11.5pc News Desk Published June 15, 2026 Updated June 15, 2026 04:05pm 0 A logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at the head office in Karachi on July 16, 2019. — Reuters/File comments Join our Whatsapp Channel Add Dawn as a trusted source The State Bank of Pakistan decided to keep the policy rate unchanged at 11.5 per cent on Monday. The decision was made during a meeting for the final policy review of FY26. More...
A Safe Bet For Better Business: Privacy-Enhancing Tools
InnovationA Safe Bet For Better Business: Privacy-Enhancing ToolsByArjun Bhatnagar,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 07:00am EDTArjun Bhatnagar is cofounder and CEO of Cloaked, a consumer-first privacy and security company putting people in control of their data. gettyOur society has become increasingly and dangerously com...
DWP hands out benefit payments to tens of thousands of people for 'unknown' reason
More than 150,000 people receiving sickness-related Universal Credit payments are recorded as having "unknown" health conditions.Data found by the Conservative Party revealed that 151,850 claimants currently receive sickness benefit supplements to their Universal Credit despite their conditions being classified as "unknown" in official records.The total cost of supporting this group is estimated at £770million.It is understood that many of the claimants do not have a formal medical diagnosis rec...
Why Government-Provided Data May Actually Be Bad For The Economy
Today’s StocksMoneyMarketsWhy Government-Provided Data May Actually Be Bad For The EconomyByJames Broughel,Contributor.Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation.Follow AuthorJun 15, 2026, 06:22am EDTThe new data age has made academic social science cheaper to produce. The downside is talented people are diverted from work that the market values more.gettyGovernment data are usually described as a pu...
Not Maharashtra Or Gujarat: This State Borrows Most Number Of Small Loans
Fewer borrowers are falling behind on repayments.The improvement has been visible across lender categories, including banks, SFBs, and NBFCs.
كيف يحقق إيلون ماسك 300 مليون دولار يومياً؟ اكتشف روتينه اليومي المذهل!
يُعتبر إيلون ماسك واحداً من أثرياء العالم بفضل استثماره في تكنولوجيا المستقبل. دعونا نكتشف كيف يخطط ويعيش في هذا الروتين الذي يجعله يحقق ثروة تصل إلى 300 مليون دولار يومياً!
Trump bet tariffs would bring back American factory jobs. New report says it didn't work
EXCLUSIVE — President Donald Trump's "Liberation Day" tariffs promise is facing challenges from a new analysis that argues the sweeping trade policy failed to revive manufacturing and instead slowed job creation in the U.S.The report, obtained first by Fox News Digital, lands months after Trump's signature economic policies was handed a blow when the Supreme Court struck down sweeping tariffs, and businesses are now seeking billions of dollars in tariff refunds.Trump's April 2025 global tariff r...
'You could be owed money': DWP identifies five groups most likely to qualify for State Pension back payments
Thousands of pensioners across Britain could be entitled to State Pension back payments after the Department for Work and Pensions (DWP) confirmed that historic errors have left some retirees receiving less than they should have.The mistakes are linked to Home Responsibilities Protection (HRP), a scheme designed to protect the State Pension entitlements of parents and carers who spent time out of work.New figures from the DWP show that HRP-related errors remain the largest single cause of State...
Flat delayed by over 15 years; consumer court orders refund, Rs 5 lakh compensation
A Delhi consumer court has ordered a Ghaziabad housing society to refund Rs 79 lakh to two homebuyers for a 15-year delay in flat possession. The society, deemed deficient in service, must also pay Rs 5 lakh in compensation. Despite arguments about its cooperative status and RERA registration, the court upheld its responsibility to consumers, citing a Supreme Court ruling.
US, India Join Hands To Counter China's Supply Chain Dominance
The US-India Business Council has launched an industry platform aimed at building resilient critical minerals supply chains between the two countries, as Washington and New Delhi accelerate efforts to reduce dependence on China-dominated resource networks.