The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. Asghar Besharati | Getty Images Oil was struggling for direction Thursday as traders weighed OPEC’s lower demand outlook for this year, while the International Energy Agency flagged greater volatility ahead. International benchmark Brent crude futures for…
US President Donald Trump (C) is greeted by China’s Vice President Han Zheng as SpaceX, Twitter and electric car maker Tesla CEO Elon Musk (R) looks on at Beijing Capital Airport in Beijing on May 13, 2026. Brendan Smialowski | AFP | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome…
U.S. President Donald Trump is welcomed after arriving in Beijing to kick off a landmark state visit in China on May 13, 2026. Anadolu | Anadolu | Getty Images Asia-Pacific markets were set to open higher Thursday as investors look to a high-stakes meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping…
Traders work at the New York Stock Exchange on May 13, 2026. NYSE S&P 500 futures were little changed on Wednesday night after a narrow rally in technology stocks pushed the index to new all-time highs. S&P futures and Nasdaq 100 futures climbed 0.1% and 0.3%, respectively. Futures tied to the Dow Jones Industrial Average…
Eric Haan, director of the Stellantis Poissy plant, poses for a portrait next to cars at the Stellantis multinational car manufacturer’s plant in Poissy, west of Paris, on April 15, 2026. Simon Wohlfahrt | Afp | Getty Images LONDON — A recent tie-up between Jeep maker Stellantis and China’s Leapmotor is seen as a watershed…
Nvidia has announced a partnership with an AI startup, just months after it was founded by a former top scientist at Google DeepMind. Ineffable Intelligence, which is pursuing superintelligence and was founded in late 2025 by UCL professor and former lead of DeepMind’s reinforcement learning team, David Silver, will enter into an engineering-level collaboration with…
Oil price spikes are likely over the peak summer demand period as rapidly depleting inventories pile more pressure on the market, the International Energy Agency warned in its latest monthly update released on Wednesday. The oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in…
U.S. President Donald Trump participates in an arrival ceremony at Beijing Capital International Airport during his visit to the country, in Beijing, China, May 13, 2026. Evan Vucci | Reuters U.S. President Donald Trump has landed in Beijing for a highly anticipated presidential summit with his Chinese counterpart, Xi Jinping. Trump is being accompanied on…
Alexander Spatari | Moment | Getty Images Britain faces among the highest borrowing costs of any developed nation — but bond markets offer 4 key lessons the government can embrace to remedy the issue, according to former U.K. Treasury minister Jim O’Neill. Speaking on CNBC’s Squawk Box Europe, the former economist and Goldman Sachs asset…
U.K. Prime Minister Keir Starmer. Wpa Pool | Getty Images News | Getty Images Britain’s King Charles III will set out the agenda of a fragile U.K. government on Wednesday after Prime Minister Keir Starmer faced down calls for his resignation that sparked heavy selling pressure on gilts in the previous session. The State Opening…
