Turkey State Oil Firm Plans $4 Billion Debt as It Boosts Output
Turkey’s state energy company Turkiye Petrolleri AO plans to sell as much as $4 billion in Islamic debt…
Sanctions Blight Arctic Route to China for Russia’s Oil Shippers
Russia’s oil shipments through the Arctic Ocean are encountering increasing delays because of US sanctions, a fresh example…
China Banks Issue Phantom Loans to Hit Targets in Slow Economy
Jerry Hu, who owns an auto-parts firm in eastern China, was approached in October with a strange request.…
Rocket Lab Delays Debut of SpaceX-Challenging Rocket to 2026
Rocket Lab Corp. delayed the first launch of its larger Neutron rocket until next year, a setback in…
Lloyds Tasks 7,000 Staffers With Testing Out AI Assistant
Lloyds Banking Group Plc is using thousands of its staff as guinea pigs for an AI financial assistant…
Merz Backs EU Tariff Plan to Help Europe’s Ailing Steelmakers
German Chancellor Friedrich Merz threw his support behind proposed European Union tariffs to shield the continent’s ailing steelmakers…
Space Startup Beams More Laser Energy to Panels Than Ever Before
Aerospace startup Star Catcher Industries Inc., which is developing technology to beam solar power to orbiting satellites, said…
KPMG Staff to Be Rated on AI Usage in Yearly Performance Reviews
KPMG LLP bosses will start examining how staffers are using the firm’s artificial intelligence tools as part of…
Why an Old Multiple Sclerosis Drug Costs More Than Ever in the US
When Jean Kay started a brand-new multiple sclerosis treatment called Rebif in 2003, it cost $17,500 a year.…
Europe’s Biggest Economy Is Losing Ever More Flight Connections
Germany is set to lose more flight connections after Deutsche Lufthansa AG announced plans to scale back some…
PayPal Joins With Bilt to Use Venmo for Rent, Mortgage Payments
PayPal Holdings Inc. and Bilt Rewards are teaming up to let customers use Venmo to make rent and…
Storm Melissa on Track to Reach Category 4, Threatens Haiti, Jamaica
Intense rains from Tropical Storm Melissa killed at least four people in the Caribbean on Friday as it…