Australia

Gas prices rise after closure of the world's largest LNG export plant in Qatar

Gas prices rise after closure of the world’s largest LNG export plant in Qatar

Qatar shut down liquefied natural gas production at the world’s largest export facility after it was targeted by an Iranian drone attack, caused gas prices in Europe to rise more than 50% and shook global energy markets This unprecedented disruption marks a dramatic escalation in a conflict that now threatens energy security around the world. ...

Cursor's annualized revenue doubles to $2 billion

Cursor’s annualized revenue doubles to $2 billion

Cursor’s annualized revenue topped $2 billion in February, according to a person familiar with the matter. a figure that underlines the rapid growth of the artificial intelligence coding assistant. The company’s revenue rate, which projects current sales for 12 months, has doubled compared to three months earlier, said the person, who asked not to be ...

RBA is "very alert" to the inflationary risk derived from war in the Middle East

RBA is “very alert” to the inflationary risk derived from war in the Middle East

He Australia’s interest rate-setting board is “very alert” to the potential implications for inflation expectations of the conflict in the Middle East and is “well positioned” for a policy response if necessary.Reserve Bank Governor Michele Bullock said on Tuesday. In one of the first statements by a central bank chief since the United States and ...

UAE stock markets to close due to attacks on Iran

UAE stock markets to close due to attacks on Iran

The United Arab Emirates announced that its two main markets will remain closed two days a weekin order to avoid a possible crisis after the repeated attacks suffered by the Gulf country in retaliation by Iran for the air strikes by the United States and Israel. Abu Dhabi Stock Exchange and Dubai Financial Market will ...

Trucks loaded with soybeans wait at Brazil port, slowing shipments of record crop

Trucks loaded with soybeans wait at Brazil port, slowing shipments of record crop

Truckers from Brazil face unusually long delays to deliver soybeans at the Miritituba port terminal in the Amazon rainforest. as a record harvest of approximately 180 million metric tons exceeds the logistics of one of the largest export centers for the crop in the world. The delay in the transportation of soybeans from the world’s ...

Paramount Skydance is the new Hollywood giant after the purchase of Warner Bros.

Paramount Skydance is the new Hollywood giant after the purchase of Warner Bros.

Perhaps in your childhood, or even on a random Friday afternoon, your plan has been, or continues to be, to get together to marathon movie classics like Harry Potter, The Lord of the Rings or the DC Comics stories. Maybe you’ve followed every season of Succession, commented on the twists of The White Lotus, or ...

Venezuela canceled sale of Halliburton assets at the request of the United States

Venezuela canceled sale of Halliburton assets at the request of the United States

Venezuela canceled an auction of assets seized from Halliburton Co. after the Trump administration intervened to stop the sale, while President Donald Trump seeks to facilitate the return of American oil companies to the South American country. U.S. government officials pressured Venezuela’s new leader to cancel auction after Halliburton executive met with Trump and raised ...

Flavio Bolsonaro equals Lula in Brazil's presidential election polls

Flavio Bolsonaro equals Lula in Brazil’s presidential election polls

President Luiz Inácio Lula da Silva and Flavio Bolsonaro are tied ahead of Brazil’s presidential election in October, according to a new poll showing the race is tied for the first time. Flavio, a right-wing senator and eldest son of imprisoned former president Jair Bolsonaro, would receive 46.3% of the votes compared to Lula’s 46.2% ...

Iran increases tanker cargo as the United States strengthens its military force

Iran increases tanker cargo as the United States strengthens its military force

Iran has been loading oil onto tankers at a rapid pace in recent days, a potential sign of the Gulf Arab state’s preparations. in case of a US attack. Exports from Kharg Island from February 15 to 20 amounted to nearly 20.1 million barrels, according to Kpler data. This represents almost triple the amount loaded ...