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Fed appoints Powell interim chair ahead of turbulent Warsh transition

SpaceX shareholders approve 5-for-1 stock split ahead of IPO, reports Bloomberg

“There is little to no chance that she will ever be able to repay these loans.”

Japan set to receive first LNG via Hormuz since de facto closure

India deepens defence, energy ties with UAE during PM Modi visit Reuters

Yields surge to one-year high as oil prices and inflation data rattle markets Reuters

The central bank said the incumbent would remain chair pro tempore until Kevin Warsh is sworn in as early as next week

Abu Dhabi National Oil Co. is continuing to load liquefied natural gas onto tankers masking their location in the Persian Gulf, as the energy producer pushes to get more fuel through the Strait of Hormuz.

NextEra Energy Inc. is in discussions to acquire utility rival Dominion Energy Inc. in a mostly stock deal aimed at helping address the growing demand for power from data centers, according to a person familiar with the matter.

VinFast Auto Ltd. said its planned sale of two Vietnamese factories will enable the electric vehicle maker to shed about 182 trillion dong ($6.9 billion) in debt and obligations while potentially speed its path toward profitability.