Drone view of oil tanker HELGA berthed at one of Iraq’s southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. Mohammed Aty | Reuters Oil prices rose in choppy trading Wednesday as U.S. forces…
India’s wealth landscape is undergoing a structural transformation, with the next wave of millionaires emerging from Tier II and Tier III cities, alongside the rapid rise of family offices and growing global diversification among affluent investors. As wealth creation accelerates beyond the metros, client expectations are also evolving, driven by technology, AI-powered insights and demand…
News release The public are being asked to give their views on a selection of wildlife, native to the UK, that will appear on the next series of banknotes in a consultation launched today. Working with a panel of wildlife experts from across the UK, the Bank of England has produced a shortlist of animals…
“Our markup to advance this significant package of legislation demonstrates a bipartisan commitment to maintaining and upgrading the nation’s water infrastructure,” said Sen. Sheldon Whitehouse of Rhode Island. The Senate Committee on Environment and Public Works is moving toward completing a markup of the Water Resources Development Act, a key step in resolving the future of…
Oil prices climbed further on Wednesday after U.S. President Donald Trump announced a naval blockade on all Iranian ports and Iran responded with fresh strikes targeting U.S. infrastructure in the region. Crude oil price on July 15 Brent crude settled at its highest level since June 12 for a second consecutive session, while West Texas…
DB USA undershoots Fed capital decline by 3.4pp in DFAST 2026 – Risk.net Skip to main content End of drawer navigation content Nine banks project smaller CET1 falls than the Fed Nine US banks projected smaller declines in their Common Equity Tier 1 (CET1) ratios than the Federal Reserve in the 2026 Dodd-Frank stress tests…
Mortgage loan production volume at three of the nation’s largest banks came in above expectations for the second quarter, which a pair of nonbank analysts believe is a positive for the segment. Processing Content JPMorgan Chase reported origination volume of $17.2 billion for the quarter, compared with $13.7 billion in the first quarter (26% higher)…
Brookfield is in exclusive talks to acquire a stake in Hudson Square Properties in a deal that would value the complex at $3.5 billion, the Wall Street Journal reported. The asset management giant would own 10% of the 13-building, 6.2 million-square-foot portfolio, and would take over as its long-term operating partner. The Hudson Square office…
Starbucks Corp. is brewing a tempest in a chai latte cup. The coffee chain is tapping artificial intelligence to develop in-house alternatives to systems by Microsoft and IBM that track inventory and manage equipment, Bloomberg News reported last week, after reviewing an internal presentation. According to the article, the Seattle-based company has been working for…
Taiwan’s Premium Mango Exports Reach Europe, Facing High Costs and Tough EU Rules By Ann Wang Exporting Taiwan’s Mangoes to Europe: Opportunities and Challenges TAICHUNG/TAITUNG, Taiwan, July 15 (Reuters) – Plump, juicy and fragrant, Taiwanese mangoes have long been a top draw for foodies, but traditionally those wanting to experience them have generally had to…