geopolitics

US EIA hikes oil price forecasts again as Iran war drains global stockpile Reuters

The head of Mark Walter’s insurance companies told authorities he was unaware that the firms had loaned more than $20 billion to the sports mogul’s other businesses, according to people with knowledge of the matter.

It took just 13 months for David Ellison to acquire two of Hollywood’s most storied movie studios, but for the son of billionaire Larry Ellison, running both Paramount Skydance Corp. and Warner Bros. Discovery Inc. fulfills an ambition he’s held for years.

Heavy cuts expected as boss David Ellison seeks to deliver $6bn of cost savings at combined group to be known as Skydance

"Insight with Haslinda Amin" is a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)

Some potential investors are turning more cautious on the blockbuster initial public offering of data center firm Firmus Grid Ltd. as they worry about existing shareholders potentially flooding the market soon after the company’s debut, according to people familiar with the matter.

Lee Jae Myung highlights public anxiety over what one official calls a ‘completely new kind of crisis’

Iranian leaders arguably overplayed their hand over the summer, attacking oil tankers even after signing a memorandum of understanding to reopen the Strait of Hormuz. If the US hopes to end the conflict in the Persian Gulf, it should be wary of its own bout of hubris.

Elon Musk added to his annals of antics on Thursday, warning Delta Air Lines Inc. Chief Executive Officer Ed Bastian that he will lose his job for choosing Amazon Leo to provide aircraft internet over SpaceX’s Starlink.

The weakening of Russian deterrence has global implications — and they are not all positive