Oil Prices Climb As Hormuz Tensions Return To Haunt
(RTTNews) - Oil prices rose more than 1 percent on Tuesday after reports suggested that two commercial vessels were struck by Iranian missiles while transiting the Strait of Hormuz late Monday, reigniting Middle East tensions.
Nasdaq Commodities - 2026-07-07 09:46:21
Samsung Electronics profits surge 1,800% annually amid artificial intelligence spending boom
South Korean chipmaker Samsung Electronics posted record quarterly profits Tuesday thanks to the global AI infrastructure buildout coupled with a memory chip shortage. Also in this edition, oil futures rise as tensions reignite in the Hormuz Strait and Canada commits to its biggest-ever defence contract. Finally, Cuba experiences its third nationwide blackout of the year as its fuel reserves dwindle.
France24 EN - 2026-07-07 09:30:29Strength Seen in Fidus Investment (FDUS): Can Its 5.6% Jump Turn into More Strength?
Fidus Investment (FDUS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Nasdaq Stocks - 2026-07-07 09:17:00Why Volkswagen's huge workforce became a costly burden
The struggling German carmaker plans to cut up to 100,000 jobs from its 630,000-strong workforce. How did VW's headcount get so bloated, and will the cuts be enough to survive the Chinese EV onslaught?
DW Business - 2026-07-07 08:21:00How Volkswagen's huge workforce became a liability
The struggling German carmaker plans to cut up to 100,000 jobs from its 630,000-strong workforce. How did VW's headcount get so bloated, and will the cuts be enough to survive the Chinese EV onslaught?
DW Business - 2026-07-07 08:21:00Oil prices rise after report of Iranian attack on commercial ships in Strait of Hormuz
Brent and U.S. crude futures rose after a report of an Iranian attack on commercial ships in the Strait of Hormuz.
CNBC World - 2026-07-07 08:06:16Strength Seen in Alvopetro Energy (ALVOF): Can Its 7.4% Jump Turn into More Strength?
Alvopetro Energy (ALVOF) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Nasdaq Stocks - 2026-07-07 08:05:00
Volunteers racing to save surplus Silverstone food
A Towcester community larder is collecting produce from the circuit following the Grand Prix.
BBC Business - 2026-07-07 07:55:32
People Fixing The World
The people turning life experience into business ideas with funding and other support
BBC Business - 2026-07-07 07:30:00Google backs nuclear fusion startup targeting Europe’s first commercial power plant
Proxima Fusion has raised $468 million as it looks to move towards commercializing the promising but infamously difficult technical challenge of nuclear fusion.
CNBC World - 2026-07-07 06:24:28