Category: Global

Iran demands fees for ships passing Hormuz during cease...

Oil exporter’s union says fees to be paid in cryptocurrency and vessels monitored for weapons

The future of global trade won’t depend on the Strait o...

A new infrastructure is being built rapidly to avoid the strategic chokepoint and ensure global energy and food security

Europe’s rearmament meets reality: the story of a faile...

The fate of the €10bn F126 is a cautionary tale for an agency that buys everything from flip-flops to fighter jets

Markets on edge as Trump’s deadline for Iran deal looms

Tehran says US president’s ‘rude’ and ‘baseless’ threats do not make up for America’s ‘humiliation’ in the region

Bill Ackman’s Pershing offers to buy Universal Music in...

Proposed transaction would combine world’s largest music group with a blank-cheque company

Citi sets aggressive targets for bankers in wealth mana...

Revised goals involve net revenue and value of assets clients entrust to Citi as business has lagged Wall Street peers

Artemis II astronauts head back to Earth after record-b...

Donald Trump congratulates crew and promises Nasa will establish human lunar presence

The internet is deciding what to forget

Do digital bananas in Hawaiian shirts chatting up pineapples need to be saved for posterity? Probably not

JPMorgan to build Canary Wharf’s tallest tower after Ci...

Bank wins clearance for 265-metre skyscraper after talks over low-flying aircraft

US counts cost of equipment destroyed in Iran war

Lost aircraft and radars contribute to estimated $500mn daily price tag and leave US exposed elsewhere

Why this oil shock is different

Governments and central banks are out of policy ammunition to contain the economic fallout

Ukraine’s drones dent Russia’s war-fuelled oil windfall

Disrupted exports add pressure to markets already reeling from Iran conflict