What the Big Oil executives told Trump about investing in Venezuela
The CEOs of Exxon and Conoco are wary of returning to Venezuela. Chevron is ready to quickly ramp up production.
Financial News
‘Might makes right’? Why the U.S. strike on Venezuela won’t push China into a Taiwan gamble
Analysts say China is unlikely to change its Taiwan strategy after the U.S. arrest of Venezuela’s Maduro, despite renewed claims of Washington’s double standards.
Maduro overthrow in oil-rich Venezuela unlikely to shake energy markets in the near term
While Venezuela has the world’s largest oil reserves, its oil production is relatively small.
Berkshire Hathaway shares dip as Warren Buffett exits and Greg Abel era begins
Investors digested the formal end of Warren Buffett’s six-decade tenure as chief executive and the start of a new era under successor Greg Abel.
Baidu’s semiconductor unit Kunlunxin files for Hong Kong listing amid AI chip boom in China
Baidu has announced plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list the new firm on the Hong Kong Stock Exchange.
European markets close mixed on last trading day of 2025; Defense stocks rose
European markets closed mixed on Wednesday, the last trading day of the year, with defense stocks taking the lead.
Elon Musk envisions humanoid robots everywhere. China may be the first to make it a reality
China has made the development of humanoid robots a strategic priority in its tech battle with the U.S.
A Swedish city is being moved — building by building — amid Europe’s minerals push
Sweden’s northernmost city of Kiruna is on the move because of ground subsidence from the expansion of the world’s largest underground iron ore mine.
One year on from the UK’s grand AI plan: Has its infrastructure buildout been a success?
Hefty financial commitments from tech giants are positive signals, but big challenges remain for the U.K. to fulfil its ambitions.
Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI build-out
Investors want to know if Oracle, under new CEOs Clay Magouyrk and Mike Sicilia, can pay for and deliver data centers packed with Nvidia chips for OpenAI.