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Libyan unity talks upended as warlord’s son linked to drone attacks on fuel facilities
Allegations that a Libyan warlord’s son orchestrated drone attacks on fuel facilities have derailed unity talks and complicated international plans to unify Libya’s fractured government.
Higher interest rates squeeze younger and lower-income households. ‘A rate hike is a blunt tool,’ says expert
The Federal Reserve raised interest rates and signaled potential additional increases, creating differential impacts on younger borrowers and lower-income households who face higher borrowing costs.
Healey urged to offer energy support in budget as bills rise 4%
Energy bills are rising 4% from Thursday to an average of £1,723 annually, prompting calls for additional government support in next month’s budget amid mounting cost-of-living concerns.
Bond losses may offer investors a tax break. Here’s how tax-loss harvesting works
Rising Treasury yields have created bond losses for some investors, presenting a potential tax-loss harvesting opportunity to offset capital gains in taxable accounts.
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Meridian Mining shares jump 10% as Cabaçal study points to $2bn value
Meridian Mining shares surged 10% after a feasibility study valued its Cabaçal gold-copper-silver project in Brazil at over $2 billion, with a projected internal rate of return of 108%.
Corporate bond buyers get picky with flood of AI debt
Corporate bond investors are becoming selective about AI-related debt despite record issuance volumes, favoring traditional issuers like financial and industrial firms instead.
Rising Treasury Yields Are Wreaking Havoc on the Bond Market. Here’s How It Could Affect Stock Investors.
Treasury yields reached a 19-year high of 5.35%, creating challenges for bond investors whose holdings have lost value while creating opportunities for new income investors and affecting stock valuations.
TSMC Spent $15.59 Billion on CapEx in a Single Quarter, 42% More Than the Quarter Before. Here’s What It Means For the Stock.
TSMC’s capital expenditure reached $15.59 billion in the June 2026 quarter, up 42% sequentially, as the chipmaker raised its annual CapEx budget for a third time this year to $60 billion to $64 billion.
Morning Bid: As oil swoons, AI recharges
Stock markets gained momentum from Meta’s new AI assistant Muse and declining oil prices, with semiconductor stocks climbing and chip-related equities reaching record valuations early in the week.
Great Britain braced to pay millions for backup electricity during solar eclipse
Great Britain faced potential electricity shortages during a solar eclipse Wednesday as the loss of solar generation coincided with peak summer demand, prompting grid operators to secure costly backup power supplies.
BP seeks to end years of boardroom turmoil with appointment of new chair
BP has appointed Ian Tyler as permanent chair, ending months of uncertainty following the controversial removal of predecessor Albert Manifold amid governance concerns.
Harvard Anticipates Rapid EV Sales Recovery, Despite Obstacles
Harvard economists project electric vehicles will account for 38% of new US vehicle sales by 2030, up from 8% in 2025, driven partly by sustained high fuel prices from geopolitical conflicts.
The Energy Transition Has a Speed Advantage That Cost Models Miss
As electricity demand surges from data centers and electrification, solar and wind’s faster construction timelines are becoming as important as cost, while gas turbine backlogs stretch to 2031.
DNV’s 2050 Fuel Forecast Leaves Out Electrification
DNV’s 2050 maritime fuel forecast projects 185 million tonnes of oil equivalent demand for low-carbon fuels, but excludes electrification pathways that could significantly reduce that requirement.
Global Refinery Crunch Pushes Diesel Prices to New Records
U.S. diesel prices reached record highs above $6.50 per gallon amid global refining capacity constraints, with supply disruptions from the Middle East and Russia creating acute shortages worldwide.
Hyundai Freaked Out About Chinese EV Producers Destroying Their Business In USA As Well?
Hyundai’s CEO warns that without high tariffs and trade barriers, Chinese EV makers could capture significant US market share, citing their competitive pricing and strong performance in less-protected markets.