President Joe Biden announced the largest release of emergency oil reserves on record. Wall Street firms said this could raise crude prices in the long term.
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Oil reserve release could actually boost prices long-term, analysts say
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Yemen’s Aden airport shuts as Saudi-UAE rift deepens
A photograph shows damaged military vehicles, reportedly sent by the United Arab Emirates to support Southern Transitional Council (STC) separatist forces, following an air strike carried out by the Saudi-led coalition in the port of Mukalla, southern Yemen, on December 30, 2025. Stringer | Afp | Getty Images Flights at Yemen’s Aden international airport were […]
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Yum Brands’ India partners Sapphire, Devyani to merge, creating fast-food franchisee giant
Yum Brands logo Dado Ruvic | Reuters Sapphire Foods India said on Thursday it will merge with Devyani International, in a move that is likely to consolidate local franchisee partners of Yum Brands, the owner of KFC and Pizza Hut. The deal, first reported by the local Economic Times, comes as fast-food franchisees in India face slowing same-store […]
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Several killed after fire in Swiss ski resort bar
Police officers walk at the site of an explosion that ripped through a bar in Crans-Montana on January 1, 2026. Several people were killed and others injured when an explosion ripped through a bar in the luxury Alpine ski resort town of Crans Montana, Swiss police said early on January 1. Maxime Schmid | Afp […]
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