Federal Reserve holds steady as inflation fears mount
The US has relaxed sanctions on Venezuela’s state-owned oil group Petróleos de Venezuela and the Federal Reserve has stuck with plans to cut rates later this year. Plus, Walmart won patents to give al...
19 Maalis 11min
How Saudi Arabia’s bet on Iran backfired
The EU wants to make mergers a bit easier, Wall Street banks are offloading $18bn of debt tied to video game maker Electronic Arts, and investors are piling into cash at the fastest rate since the Cov...
18 Maalis 10min
Iran war tests China’s oil stockpile
The FT’s Gideon Rachman explains what the Strait of Hormuz’s closure means strategically for Iran, Italy’s UniCredit has launched a €35bn takeover offer for Commerzbank and China’s oil stockpile is pu...
17 Maalis 10min
US shale producers not yet tempted by $100 oil
Donald Trump warned Nato faces a “very bad” future if US allies fail to assist in opening up the Strait of Hormuz, and though oil prices have breached $100 per barrel, America’s shale producers aren’t...
16 Maalis 12min
Artificial intimacy: How to fall in love with AI
Introducing Artificial intimacy from Tech Tonic. For the next episodes in this season go to the Tech Tonic feed.Calder Quinn has fallen into a relationship with a chatbot called Sara. She’s kind, emot...
14 Maalis 37min
US-Iran war boosts Russian oil revenues
Gulf oil producers have lost billions of dollars in energy revenues since the start of the US-Iran war, but there is one country benefiting: Russia. It is earning as much as $150mn a day in extra budg...
13 Maalis 12min
Hold on — tech stocks are a safe haven now?
The International Energy Agency has launched the largest release of strategic oil reserves in its history, investors have sought shelter from the turmoil of the war in Iran in US tech stocks and US in...
12 Maalis 11min
Corporate America grapples with huge oil price swings
Oracle’s shares climbed 9 per cent on Tuesday after the database group posted better than expected earnings, and we discuss how American businesses are navigating soaring energy prices. Plus, the high...
11 Maalis 11min
