A perfect storm of geopolitical instability and the AI revolution has led Sony to hike the price of the PlayStation 5. The digital edition of the console will soon cost …
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Shell’s leadership reports that the aviation sector was the first to experience the direct impact of shipping disruptions in the Gulf. The cost of air travel and logistics is soaring …
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In a surprising reversal of strategy, OpenAI has announced it will stop supporting its Sora video generator just six months after its mobile launch. The announcement was characterized by a …
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UK interest rates on home loans are surging toward levels not seen in over a year, driven by persistent inflation concerns and global instability. Although a brief pause in the …
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Japan to Begin Biggest-Ever Oil Release After Middle East War Puts Energy Supplies at Risk
by admin477351Japan is set to execute the biggest-ever release of oil from its national strategic stockpile, Prime Minister Sanae Takaichi confirmed this week, as the country prepares for potential energy shortages …
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Treasury Secretary’s Bold Gamble: Unleashing Iranian Oil to Cool Surging Energy Prices
by admin477351Scott Bessent, the United States Treasury Secretary, set off a wave of debate in energy and policy circles Thursday by announcing that Washington may lift sanctions on Iranian oil stranded …
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Mark Zuckerberg Bets Everything on Metaverse, Loses $80 Billion — Now He’s Walking Away
by admin477351Few corporate retreats in history have been as expensive or as public as Meta’s withdrawal from the metaverse. Mark Zuckerberg has confirmed that Horizon Worlds will exit VR platforms entirely …
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Fintech giant revolut hits £1.7bn profit but flags climate risks linked to crypto and ai services
by admin477351Revolut, one of the world’s fastest-growing fintech companies, has reported a £1.7 billion pre-tax profit for 2025, representing a 57% year-on-year increase, while simultaneously warning that its support for crypto …
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Crude oil prices collapsed Monday after President Donald Trump revealed that diplomatic discussions with Iran had produced sufficient progress to warrant postponing planned American strikes on Iranian power facilities. The …
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Financial markets moved into defensive territory on Thursday as the conflict between Iran and its neighbors intensified. Shares in Tokyo, Seoul, and Shanghai all trended downward following a slumped session …