Brent crude crossed US$108 a barrel on Monday, capping the largest weekly surge in futures trading history, after the Iran war - now in its ninth day - disrupted roughly 20% of global oil supply, closed the Strait of Hormuz to commercial shipping and sent stagflation fears rippling through every asset class on the planet. On 28 February - the day before Operation Epic Fury began - the Pentagon
Iran has appointed Mojtaba Khamenei as the country’s new supreme leader, according to reports from Iranian state media cited by international outlets including Reuters. The appointment was confirmed early Sunday by the Assembly of Experts, an 88-member clerical body responsible for selecting Iran’s supreme leader following the death of Ali Khamenei. "By a decisive vote, the Assembly of Exper
United States retail sales fell 0.2% in January to US$733.5 billion, the first monthly decline since October and below the flat reading economists had expected, according to Commerce Department data released on Friday after being delayed by the 43-day government shutdown. The report landed alongside a February jobs print showing 92,000 positions cut and unemployment rising to 4.4%, with hiring
The United States labour market showed unexpected signs of weakness in February after the economy lost jobs and the unemployment rate edged higher, raising questions about the strength of employment conditions and complicating the outlook for monetary policy. Total nonfarm payroll employment declined by 92,000 during the month, while the unemployment rate increased to 4.4%, according to data re
China has upped the ante on previously flagged plans for self-reliance in critical industries within five years by pledging to increase nationwide spending on R&D by at least 7% annually until 2030. Nowhere are China’s plans to go head-to-head with the world, especially the United States, on critical industries more evident than within plans to turbocharge the country’s development of chips and
Join one of the world’s fastest growing business media companies. List investment & employment opportunities, showcase your brand and more
A coalition comprising over 20 U.S. states is seeking court action to block President Donald Trump’s latest global tariffs, arguing that the White House is attempting to side-step a recent Supreme Court ruling that invalidates most of the administration’s earlier import duties. The lawsuit, filed last Thursday in the U.S. Court of International Trade by 22 states and two Democratic governors, s
After years of working in law, Mark Curry noticed a need for a more calming and healthy alternative to energy drinks to keep busy people awake. This was how his business, Savvy Beverages, turned from a personal project to a booming business. Savvy Beverages specialises in nootropic beverages, which are a kind of functional drink filled with vitamins and superfoods to boost brain function, bo
Airlines and travel groups have warned that travel could once again be impacted by governmental stalemates. Congress failed to reach a deal on reforming immigration enforcement before funding ceased for Homeland Security on 13 February, with the Transportation Security Administration (TSA) falling under that department. As a result, approximately 50,000 TSA employees, responsible for airport
The Republican controlled House voted to reject a resolution that would restrict United States President Donald Trump’s war powers against Iran. This comes just a day after the Senate blocked a similar war powers resolution. Both actions together represent an authorisation by Congress for Trump to carry on his military strikes in Iran, even though a majority of Americans say they oppose the
United States cryptocurrency legislation has stalled in the Senate as banks said they opposed crypto companies offering yields. The Clarity Act, another cryptocurrency regulation bill following last year’s Genius Act, includes a provision allowing crypto businesses to offer yield-bearing products. While the White House has recommended a compromise that would mainly allow yields on crypto in pee
New
Domain names
Proprietary Authentication Technology - Acquisition Opportunity
Proprietary AI-powered authentication system designed for platforms processing high-value transactions. The technology verifies user identity, cognitive fitness, and transaction integrity in real-time...
New
Black Salmon - Industrial
Managed fund
This asset class is exhibiting record-breaking demand. The growing U.S. population is accelerating the need of all categories of industrial space, including manufacturing, distribution, cold-storage a...
Unit price available upon request
New
Black Salmon -Multifamily
Managed fund
Multifamily Geographically diversified portfolio with a focus on the Sunbelt region. Markets with population growth and low unemployment rates, with a growing and diversified economy. Value-add prope...
Unit price available upon request
