Business
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Breaking news on corporations, startups, mergers, and executive leadership.
Novartis Shares Fall After Muscle Disease Drug Del-desiran Fails Phase 3 Trial
Novartis suffered a major pipeline setback after del-desiran failed its Phase 3 trial for myotonic dystrophy, sending shares sharply lower.
US Diesel Prices Hit Record $5.85 a Gallon as Global Fuel Crisis Deepens
US diesel prices have reached a record high near $5.85 a gallon as Middle East and Russian refinery disruptions squeeze global fuel supplies.
Goldman Sachs Now Expects September Fed Rate Hike as Inflation Fears Rise
Goldman Sachs now expects the Federal Reserve to raise rates by 25 basis points in September as stronger inflation and higher oil prices reshape the outlook.
Japanese Companies Expand in India as Businesses Reduce Dependence on China
Japanese companies are expanding investment in India as geopolitical tensions, supply-chain concerns and rising business risks in China push firms to diversify across Asia.
US-Venezuela Oil Deal Gives American-Led Group 100-Year Access to 65 Billion Barrels
A sweeping US-Venezuela oil agreement grants a US-led company 100-year concessions over 17 oilfields, promising billions in investment while raising concerns over sovereignty, timing and economic returns.
Judge Rules Trump Administration Unlawfully Retaliated Against Anthropic
A US federal judge has ruled that the Trump administration's blacklisting of AI company Anthropic was unlawful, blocking the Pentagon from enforcing its supply-chain risk designation against the company.
US-Canada Trade War Raises Prices and Disrupts Businesses Across Both Countries
The escalating US-Canada trade war is raising costs, disrupting supply chains and forcing businesses on both sides of the border to rethink investment, sourcing and trade plans.
A Gift of Movement: Britannia Financial Group, Serpentine and the Public Legacy of Jesús Rafael Soto
Britannia Financial Group supports Jesús Rafael Soto's Pénétrable BBL Jaune at Serpentine South, bringing a landmark work of kinetic art into Kensington Gardens.
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