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Business

Iran Shadow Tankers Run Dry Under US Naval Blockade

TEHRAN: Iran exhausted its floating oil stockpile in Asian waters by mid-October after a US naval blockade blocked replenishment, Kpler…

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SpaceX Quarterly Revenue Hits $14.58 Billion as AI Grows

Space Exploration Technologies Corp. (Nasdaq: SPCX), known as SpaceX, reported $14.58 billion in quarterly revenue on Tuesday. Its third-quarter profit…

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Ionic Digital Shares Could Reach $151, Sachem Head Says

NEW YORK: Sachem Head Capital Management LP sees Ionic Digital Inc. (Nasdaq: IOND) shares reaching $151 from around $63 as…

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Iran War Escalation Could Hit Global Economy, Analysts Warn

Professor Mohammad Marandi and former Central Intelligence Agency (CIA) analyst Larry C. Johnson warned that renewed US attacks on Iran…

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SpaceX Share Giveaway Will Cover US Children, Musk Says

Elon Musk has pledged a SpaceX share giveaway potentially worth more than $10 billion, promising one of his shares to…

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Oil Prices Fall as Trump Waives Key Russia Sanctions

SINGAPORE: Brent crude fell 2.08% to $107.57 a barrel on Monday as oil prices retreated after US President Donald Trump…

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Gulf Stock Markets Diverge as Saudi Index Gains 0.8%

Saudi Arabia’s benchmark rose 0.8% to 10,190 points on Sunday as higher oil prices lifted energy shares. Other Gulf stock…

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CrowdStrike Shares Fall 7.02% to $227.39 as Rally Fades

CrowdStrike Holdings, Inc. (Nasdaq: CRWD) shares fell 7.02% to $227.39 on Friday from $244.57, extending the cybersecurity company’s retreat from…

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China Proposes Solar Export Controls on 12 Technologies

BEIJING: China’s Ministry of Commerce proposed solar export controls covering 12 manufacturing technologies on Friday, citing their growing use in…

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