Financial News

Nasrallah has led the Lebanon-based group since 1992, taking the reins after Israel assassinated the group’s previous leader, Abbas al-Musawi.

The OPEC+ alliance is once more angling in on group compliance with oil output cuts, amid overproduction from heavyweight members Iraq and Kazakhstan.

At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied reports that he received a “giant equity stake” in the company.

Mainland China’s CSI 300 has notched a five-day winning streak, hitting its highest levels in almost two months after Beijing rolled out a slate of economic stimulus measures on Tuesday.

Investors in Asia will look toward Australia’s inflation rate for August, which is expected to ease to 2.7% from 3.5%.

Former President Donald Trump, the Republican nominee, has made tariffs a key element of his campaign’s economic policy.

Oil-rich nations are turning from oil to artificial intelligence to diversify their economies.

If Qualcomm were to acquire Intel, it would be one of the largest technology deals on record, but would first invite hefty regulatory scrutiny.

To make the European market unattractive for Chinese EV exports, tariffs have to be as high as 50%, according to research group Rhodium.

Nike CEO John Donahoe will retire from the company in October. He will be replaced by company veteran Elliott Hill.