Tag: Business
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Brent falls as Israel, Hezbollah agree to ceasefire
BENGALURU/LONDON, June 19 : Brent crude fell on Friday after Israel and Hezbollah agreed to a ceasefire, easing concerns over disruptions to Middle East oil supplies and raising hopes of broader de-escalation involving the United States and Iran.Brent crude futures were down 85 cents, or 1.1 per cent, at $79
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Brazil’s Lula signs decree to freeze illegal betting platform funds
BRASILIA/SAO PAULO, June 19 : Brazilian President Luiz Inacio Lula da Silva has signed a decree allowing the government to freeze funds from companies operating illegal online betting platforms, with the money to be directed to public security actions, he said in a social media post on Friday.• In a video i
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29-year-old making $250k in tech went ‘undercover’ at a coffee chain before opening her own matcha cafe
Michelle Yeung wasn’t happy in tech, despite earning $250,000 a year. Before opening Matcha House, she spent months learning the business.
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Brent heads for more than 8% weekly loss as traders weigh US-Iran truce outlook
BENGALURU/LONDON, June 19 : Brent crude steadied on Friday but held on track for a more than 8 per cent weekly decline, as traders weighed up fading prospects for a lasting U.S.-Iran truce after talks were called off and Israel escalated attacks in Lebanon.Brent crude futures were up 9 cents, or 0.1 per cent,
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Memory crisis hits such extremes that ‘even Apple can’t be safe’
Apple appears poised to take the rare step of increasing prices to deal with what CEO Tim Cook called an “unsustainable” memory shortage.
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Brent heads for 9% weekly loss as traders weigh US-Iran truce outlook
BENGALURU/LONDON, June 19 : Brent crude was set for a 9 per cent weekly decline on Friday as traders weighed fading U.S.-Iran truce prospects after talks were called off and Israel escalated attacks in Lebanon.Brent crude futures were down 24 cents, or 0.3 per cent, to $79.61 a barrel by 1100 GMT. The contrac
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France mobilises €13 billion for tech sovereignty funding push
PARIS, June 19 : France has mobilised €13 billion ($14.89 billion) in additional institutional investor funding under the third phase of its Tibi initiative to finance French and European technology companies, the finance ministry said on Friday.The new phase aims to bring the envelope to €15 billion by t
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Bob Iger reflects on 10 years of Shanghai Disneyland as it defies the Chinese pullback
Shanghai Disneyland hit 100 million cumulative visitors in 2025, according to the company. It’s a relatively new but important foothold in Disney’s history.
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Investors see Micron earnings as pulse check of AI rally momentum
NEW YORK, June 19 : Investors are seeking signs that the U.S. stock market rally fueled by artificial intelligence has more life left in it, and the upcoming Micron Technology earnings will check the pulse of chip demand to see if it is still accelerating.Despite a sharp mid-week selloff, major U.S. stock ind
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Brent heading for over 8% weekly loss as traders weigh US-Iran truce outlook
BENGALURU/LONDON, June 19 : Brent crude steadied on Friday but remained set for a more than 8 per cent weekly decline as traders weighed fading U.S.-Iran truce prospects after talks were called off and Israel escalated attacks in Lebanon.Brent crude futures were little changed at $79.78 a barrel by 0820 GMT.
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