News
DR Congo plans stock exchange launch
2+ hour, 33+ min ago (158+ words) Kinshasa hopes the country's first bourse will tap into global interest in its mineral endowments. DR Congo plans to launch its first stock exchange, its finance minister told Bloomberg Kinshasa hopes the bourse, which will list securities in both the…...
Canada hopes to become an "energy superpower
3+ hour, 17+ min ago (147+ words) Canada announced plans to build a major oil pipeline to boost sales to Asia and massively increase fossil fuel production. Canada hopes to become an "energy superpower" Canada announced plans to build a major oil pipeline to boost sales to…...
Hormuz traffic quadruples as confidence builds
4+ hour, 19+ min ago (142+ words) Confidence in travelling through the vital strait is growing among shippers, leading analysts to warn of an impending oil glut. Traffic through the Strait of Hormuz has more than quadrupled in the past week as confidence rose that the US-Iran…...
The MSCI boss helping Elon Musk get closer to Mars
6+ hour, 20+ min ago (341+ words) This article first appeared in The CEO Signal. Request an invitation. From his 49th floor office in lower Manhattan, Henry Fernandez just helped Elon Musk get a little closer to Mars. MSCI, the index provider the onetime Nicaraguan diplomat has led…...
How Allianz's CEO prepares for the risk of "huge havoc'
6+ hour, 20+ min ago (1250+ words) This article first appeared in The CEO Signal. Request an invitation. The rare disruptions that insurance companies struggle to factor into their calculations aren't so rare anymore, Oliver B'te observes. "I always tell my kids I'm already 100, 000 years old," says…...
Pope cuts off conservative group
16+ hour, 17+ min ago (143+ words) Pope Leo XIV excommunicated at least 750 priests belonging to the ultraconservative Society of St. Pius X on Thursday. Pope Leo XIV excommunicated at least 750 priests belonging to the ultraconservative Society of St Pius X on Thursday, a rare measure that…...
Prediction market fraud fears grow on suspicious wagers
16+ hour, 17+ min ago (127+ words) Spotify asked Kalshi and Polymarket to remove its logo from their sites after users allegedly manipulated data. Spotify asked Kalshi and Polymarket to remove its logo from their sites after users allegedly manipulated data on the streaming platform to cash…...
Spanish immigration amnesty drew 1. 2 M applicants
16+ hour, 17+ min ago (136+ words) Madrid is unusual in Europe in maintaining an open immigration policy. A Spanish immigration amnesty drew 1. 2 million applicants, double the expected number Madrid is unusual in Europe in maintaining an open immigration policy; elsewhere, governments, under pressure from populist anti-migrant…...
US heat wave strains grid
16+ hour, 17+ min ago (139+ words) A heat wave gripping the US this week is putting pressure on an already-strained energy grid. A heat wave gripping the US this week is putting pressure on an already-strained energy grid As Americans crank up their air conditioners, the…...
Tesla's Europe sales rebound
16+ hour, 17+ min ago (146+ words) The US carmaker was overtaken by BYD last year as the world's biggest EV manufacturer. Tesla's European sales have recovered as rising fuel prices outweigh consumers' dislike for CEO Elon Musk The US carmaker was overtaken by BYD last year…...