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Global oil stockpiles shrinking rapidly, IEA chief says
Global oil stockpiles shrinking rapidly, IEA chief says

PARIS, France: The head of the International Energy Agency warned on May 18 that commercial oil inventories are being depleted quickly...

Trump exits China summit without major wins on trade or Iran
Trump exits China summit without major wins on trade or Iran

BEIJING, China: President Donald Trump left Beijing on May 15 after two days of meetings with Chinese President Xi Jinping that produced...

China to order 200 Boeing jets, Trump says in Beijing
China to order 200 Boeing jets, Trump says in Beijing

WASHINGTON, D.C: Boeing is set to receive an order for 200 aircraft from China, U.S. President Donald Trump said during his visit to...

Air India AI-171 crash probe in final stages, report expected soon: Civil Aviation Minister
Air India AI-171 crash probe in final stages, report expected soon: Civil Aviation Minister

Ranchi (Jharkhand) [India], May 20 (ANI): Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu on Wednesday said the investigation...

Tech layoffs continue as Meta restructures for AI push, LinkedIn cuts over 600 jobs
Tech layoffs continue as Meta restructures for AI push, LinkedIn cuts over 600 jobs

San Francisco [US], May 20 (ANI): Major technology companies in the United States are continuing workforce restructuring amid the growing...

Indian markets open in red as rupee hits record low, crude oil surge sparks selloff
Indian markets open in red as rupee hits record low, crude oil surge sparks selloff

Mumbai (Maharashtra) [India], May 20 (ANI): The stock markets opened with heavy selling pressure on Wednesday as the Indian rupee hit...

Musk loses court fight with OpenAI as scrutiny of Altman grows
Musk loses court fight with OpenAI as scrutiny of Altman grows

OAKLAND, California: OpenAI has emerged victorious in its closely watched courtroom battle with Elon Musk, preserving its path toward...

Corporate costs from Iran conflict top $25 billion worldwide
Corporate costs from Iran conflict top $25 billion worldwide

LONDON/NEW YORK CITY: The war involving the United States, Israel and Iran has already cost companies around the world at least US$25...

NextEra-Dominion merger targets soaring AI-driven power demand
NextEra-Dominion merger targets soaring AI-driven power demand

NEW YORK CITY, New York: NextEra Energy has agreed to acquire Dominion Energy in an all-stock deal valued at about US$66.8 billion,...

Tesla increases U.S. prices for several Model Y variants
Tesla increases U.S. prices for several Model Y variants

AUSTIN, Texas: Tesla has increased the prices of several Model Y vehicles in the United States, marking the first price hike for the...

SpaceX speeds up IPO plans, eyes June 12 Nasdaq listing
SpaceX speeds up IPO plans, eyes June 12 Nasdaq listing

NEW YORK CITY, New York: SpaceX is preparing to go public as early as June 12 on the Nasdaq, according to people familiar with the...

China, US move to expand farm trade after leaders' talks
China, US move to expand farm trade after leaders' talks

BEIJING, China: China said on May 16 that it had reached preliminary agreements with the United States to reduce tariffs on agricultural...