business news
Global week ahead: Crude diplomacy casts shadow over Trump-Xi summit
Waitforlight | Moment | Getty Images China has quietly amassed the world’s largest stockpile of crude oil. This is no mean feat for a country that is also the globe’s biggest importer of energy. It brings a fresh dynamic to Beijing’s relations with the United States, as Premier Xi Jinping prepares to host President Donald […]
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Saudi Aramco Q1 profit jumps 26% as key pipeline reaches capacity amid Iran war
The Saudi Aramco logo is displayed on a mobile phone screen in this photo illustration, as prices fluctuate amid escalating conflict involving Iran and concerns over global supply disruptions in Brussels, Belgium, on March 2, 2026. (Photo by Jonathan Raa/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Saudi Aramco reported a 26% year-on-year […]
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Cruise ship hit by hantavirus outbreak arrives in Spain’s Tenerife
TENERIFE, SPAIN – MAY 10: The MV Hondius arrives in the Granadilla Port on May 10, 2026 in Tenerife, part of the Canary Islands, Spain. (Photo by Chris McGrath/Getty Images) Chris Mcgrath | Getty Images News | Getty Images The cruise ship hit by a deadly hantavirus outbreak arrived early on Sunday near the Port […]
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Putin says he thinks the Ukraine conflict is coming to an end
Russian President Vladimir Putin smiles while visiting the We Are Together Fourm and Awards Ceremony, on December 3, 2025 in Moscow, Russia. Contributor | Getty Images Russian President Vladimir Putin said on Saturday that he thought the Ukraine conflict was coming to an end. Russia’s 2022 invasion of Ukraine triggered the most serious crisis in […]
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U.S. and Iran are no closer to ending war; Tehran’s response awaited
A man walks past a banner depicting Iran’s current supreme leader Ayatollah Mojtaba Khamenei along a street Tehran on May 6, 2026. AFP | Getty Images A state of relative calm prevailed around the Strait of Hormuz on Saturday, after days of sporadic flare-ups, as the United States waited for Iran’s response to its latest […]
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There’s little chance of a hantavirus global outbreak. What the latest odds say
A general view of the cruise ship MV Hondius stationary off the port of Praia, the capital of Cape Verde, on May 3, 2026. AFP | Getty Images For now, prediction market traders aren’t too worried about the hantavirus. Kalshi data shows only a 21% chance of the hantavirus outbreak will be a concern this […]
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UK PM Starmer says he plans to remain in office despite crushing local elections defeat
LONDON, ENGLAND – MAY 9: Prime Minister Keir Starmer and Deputy Prime Minister David Lammy speaks to media reacts to the local Council Election results at AFC Wimbledon on May 9, 2026 in London, England. (Photo by Alishia Abodunde/Getty Images) Alishia Abodunde | Getty Images News | Getty Images U.K. Prime Minister Keir Starmer reiterated […]
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The Iran war will change global energy markets in these important ways, oil executives say
Vessels in the Strait of Hormuz, Musandam, Oman, May 8, 2026. Stringer | Reuters The world’s energy system will change in big ways as a result of the Iran war, the CEOs of key oil and gas companies told investors on their earnings calls over the past two weeks. Iran’s blockade of the Strait of […]
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MV Hondius hantavirus outbreak: A luxury expedition cruise boom and new world of remote travel risks
Remote expedition cruises to places like Antarctica and the Arctic are booming as affluent travelers increasingly seek out isolated, experience-driven destinations far from traditional tourism infrastructure. The global cruise industry serviced a record 37.2 million passengers in 2025, up 7.5% from 2024, according to Cruise Lines International Association, with passenger volume expected to approach 42 […]
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