Qatar Airways often gets a better deal on jet fuel by sourcing it outside of its own oil-rich region.
According to David Kang, former group treasurer, this is because the company needs to source fuel like an airline in a different region would.
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BNB Chain has become the first blockchain to surpass $1,000,000,000 in tokenized stocks and ETFs.
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A US-bound oil tanker's propulsion system has been hacked.
The incident involves a vessel in transit.
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A surge in global bond yields is becoming a bigger problem for European stocks as investors confront stubborn inflation and mounting government debt.
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Forwarded from Postlane
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Everything Zcash. One ecosystem.
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📡 @ZecZcash
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The industry body that sets the rules for the world's biggest gold market faces an existential legal battle in a London courtroom next week.
This case could have far-reaching implications for how the industry polices its supply chain.
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The US military buildup in the Middle East, including a third aircraft carrier, is expanding President Donald Trump's options as diplomacy with Iran remains stalled.
Washington Institute research director Dana Stroul says US economic sanctions and the naval blockade are putting significant pressure on Iran, but have not yet produced major concessions on the Strait of Hormuz, Tehran's nuclear program or its regional activities.
Speaking with hosts David Gura and Christina Ruffini, Stroul notes Washington's approach to the Houthis in Yemen is also being weighed.
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Bloomberg Pursuits reporter Sarah Rappaport says luxury travelers are increasingly looking for tiny hotels with as few as one to six rooms.
These hotels combine the privacy of a villa with personalized high-end hotel service.
The trend is spreading across Europe and the US as travelers seek exclusivity, fewer crowds and unusual experiences in restaurants, museums and historic properties.
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Major OPEC+ nations have agreed to keep oil production quotas unchanged next month, as conflict in the Middle East continues to impact the group's output.
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US home electricity prices have risen 38% for the first time since 2019, outpacing overall inflation.
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The White House has established a new AI task force to assess the growing risks associated with advanced AI systems.
Gautam Mukunda, a Bloomberg Opinion columnist, suggests that voluntary safeguards may not be enough to manage these risks due to competitive and financial pressures.
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Russia says it bombed two cargo ships carrying Ukrainian military equipment in the Black Sea off Odessa.
PoliticFinance
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Bloomberg Supreme Court Reporter Greg Stohr is previewing a new term shaped by the court's growing emergency docket and a major climate case over state-law claims against oil companies.
Justice Samuel Alito's recusal creates the possibility of a 4-4 split and raises questions about Supreme Court ethics and potential changes to the court.
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A broadening rally in stocks has been derailed by a combination of elevated oil prices and surging bond yields.
This has prevented stocks from reaching new records.
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Aramco warns that global oil reserves are being depleted.
Rebuilding them will take at least 2 years and trigger inflation from excess demand.
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Saudi Arabia's East-West oil pipeline has been shut down for a second time following a new attack.
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Russia's government paid oil companies the biggest subsidy in more than four years to supply road fuels to the domestic market amid Ukrainian drone strikes on refineries.
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The U.S. 10-year Treasury yield's Elliott Wave structure suggests another leg higher, with a potential Wave 4 pullback before a final Wave 5 toward 5.584%.
Structural support remains at 4.688%.
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