BP is strategically clearing the path for incoming CEO Meg O’Neill, announcing a $5 billion writedown on green energy assets just months before she takes the helm. This "kitchen sinking" of bad news is designed to ensure that O’Neill inherits a balance sheet free from the drag of overvalued transition businesses.
The writedown targets the gas and low-carbon divisions, reflecting the company’s pivot away from...
Global markets were thrown into disarray this morning after President Donald Trump issued an "effective immediately" order imposing a 25% tariff on any country trading with Iran. The directive, released via Truth Social, bypassed standard diplomatic protocols and struck directly at the heart of international commerce. By targeting major economies like China, India, and the UAE, Trump has effectively drawn a line in the...
The United States' expanding steel tariff policy is creating a significant test for the UK's "special relationship" with Washington. Despite securing a lower 25%...
Germany's automotive industry is grappling with what it calls an "incomprehensible" dilemma: a new US tariff that it believes will ultimately cause more harm...
Sam Altman's declaration that "compute infrastructure will be the basis for the economy of the future" is the most profound economic statement of this...
President Donald Trump’s ambitious proposal to end the Ukraine war could trigger a massive ripple effect, fundamentally reshaping the landscape of global trade. His...
For emerging AI companies like OpenAI and Perplexity, the Google antitrust verdict is a profoundly mixed blessing. On one hand, their very existence helped...
Levi's is raising the alarm that anti-Trump sentiment could fundamentally restyle the UK wardrobe. The company has officially cautioned that a backlash against US...
The White House is framing its controversial energy talks with Russia as a necessary, pragmatic step toward achieving peace in Ukraine. This justification is...
