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Brent Crude Surges Above $80 for First Time Since June, US-Iran Tensions Shake Global Oil Markets

New Delhi, July 8 -- Global oil prices surged sharply on Wednesday, with Brent crude briefly climbing above $80 per barrel for the first time since June 22, as escalating geopolitical tensions in the ... Read More


US Trade Deficit Swelled in May as AI-Fueled Imports Surged and Exports Fell

New Delhi, July 8 -- American companies are investing aggressively in artificial intelligence, pouring billions of dollars into servers, semiconductors and advanced computing equipment. At the same ti... Read More


Samsung Posts $58 Billion Quarter as AI Memory Demand Breaks Every Chipmaker Record

New Delhi, July 7 -- SEOUL - Samsung Electronics Co. posted operating profit of 89.4 trillion won ($58.4 billion) in the second quarter of 2026, a 19-fold increase over the same period a year earlier ... Read More


OPEC+ Raises Output for Fifth Month as Post-War Hormuz Recovery Gathers Pace

New Delhi, July 6 -- how many barrels of oil could actually move out of the Persian Gulf. Saudi Arabia could set a quota; the Strait of Hormuz determined what reached the market. On Sunday, seven memb... Read More


easyJet Rejected Four Bids as 'Opportunistic.' The Fifth Got a Yes.

LONDON, July 6 -- Four times, easyJet Plc's (LSE: EZJ) board said no. Castlelake, the Minneapolis-based private equity firm, kept raising its price anyway, and on its fifth attempt it finally got the ... Read More


Diageo Waited 18 Years for RCB to Win Once. Then It Sold for 35 Times What It Paid.

New Delhi, July 6 -- In June 2025, Royal Challengers Bengaluru won an Indian Premier League title for the first time in eighteen years of trying, with Virat Kohli, the only player who had stayed with ... Read More


The Pentagon Just Handed a Drone Maker $500 Million to Fix a Problem Iran Exposed

WASHINGTON, July 6 -- A Shahed drone costs Iran a few thousand dollars to build. Shooting one down with a Patriot missile costs the United States several million. That math, exposed repeatedly during ... Read More


India Sets Auto Retail Record as EV Two-Wheelers Cross 10% for First Time

NEW DELHI, July 6 -- Ten percent is the number the global motorcycle industry had been watching. Not for its symbolic weight alone, but because it marks the threshold at which electric two-wheelers st... Read More


Micron Just Bet $9.3 Billion That It Can Catch SK Hynix

HIROSHIMA, July 5 -- Micron Technology Inc. (NASDAQ: MU) has spent the better part of three years watching SK Hynix collect the richest margins in memory chips almost alone. On Saturday, in a ceremony... Read More


India's Tariff Rate Just Dropped to 10%. The Supreme Court Did What Goyal Couldn't.

NEW DELHI, July 5 -- Indian exporters got an eight-point tariff cut this week, and it had nothing to do with anything India's own negotiators did. The Supreme Court did it for them. The White House c... Read More