News

UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz

The second pipeline project comes as global energy supplies remain under pressure and flows through the Strait of Hormuz remain severely limited

Sylvamo Q1 Earnings Call Highlights

SLVM

Sylvamo (NYSE:SLVM) reported first-quarter 2026 results that management described as largely in line with expectations, excluding operational reliability issues in Europe and Brazil that weighed on earnings and are expected to create some additional costs in the second quarter.

National Steel Q1 Earnings Call Highlights

SID

National Steel (NYSE:SID), the Brazilian steelmaker known as CSN, reported higher first-quarter 2026 adjusted EBITDA despite heavy rainfall, a stronger Brazilian real and continued pressure from steel imports in the early part of the year, executives said on the company’s earning

Trump-Xi summit: the 3 big takeaways from historic meeting in Beijing

The two-day meeting wrapped up Friday, setting the tone for further U.S.-China talks this year.

Beckham becomes UK's first billionaire sportsman

Former England captain Sir David Beckham becomes the UK's first billionaire sportsman in the 2026 Sunday Times Rich List.

UK borrowing costs rise and pound falls as leadership drama continues

Analysts say the moves have been fuelled by concerns a Burnham-led government would increase government borrowing.

Shoulder Innovations Q1 Earnings Call Highlights

3 Quiet Outperformers Boosting Dividends as Markets RetreatShoulder Innovations (NYSE:SI) reported a sharp increase in first-quarter revenue and raised its full-year sales outlook, citing new surgeon adoption, higher utilization among existing customers and progress across its pr

Defense stocks continue to come under pressure – why Citi is ‘reluctant’ to buy the dip

The iShares U.S. Aerospace & Defense ETF has dropped about 10% since the start of March.

Bull of the Day: CF Industries (CF)

As a global fertilizer shortage looms and the Strait of Hormuz faces an unprecedented blockade, one North American giant is stepping in to fill the void.

CIA chief makes historic trip to Cuba as US blockade chokes island's energy supplies

The U.S. has been restricting oil shipments to Cuba since January, plunging the country into blackouts lasting days at a time.