Business news

Are financing risks, ‘golden share’, muddying outlook on Nippon Steel’s US Steel deal?
June 16, 2025 08:36 PM AEST| By InvezzNippon Steel’s long-delayed merger with US Steel has concluded a fraught chapter in industrial dealmaking, but some investors of Nippon Steel remain concerned about how the Japanese giant will finance the acquisition and planned capital expendi...

EU prioritises gas import ban, delays Russian nuclear fuel restrictions
June 16, 2025 08:18 PM AEST| By InvezzEU Energy Commissioner Dan Jorgensen announced on Monday that the European Commission will not include measures to limit the EU’s dependence on Russian nuclear fuel in its proposals to ban Russian gas this week. This week, the EU executive is s...

What’s next for oil prices after the initial Israel-Iran driven surge?
June 16, 2025 08:06 PM AEST| By InvezzOil prices climbed sharply last week following Israel’s airstrike on Iran and the latter’s retaliatory action on Tel Aviv. However, the rally is likely to be short-lived unless the conflict escalates further in the coming weeks, according to Daniel G...

A financial revolution: how stablecoins are revamping the global payments industry
June 16, 2025 07:04 PM AEST| By InvezzDuring the last two major crypto market booms in 2017 and 2021, stablecoins have been just a footnote. But now, they’re on the agenda at Amazon and Walmart board meetings. They are central to new financial regulations and legislations. So...

Israel-Iran conflict sends Middle East oil shipping costs higher
June 16, 2025 05:01 PM AEST| By InvezzWorries over potential disruptions stemming from the Israel-Iran conflict are impacting the oil shipping industry. The costs associated with chartering tankers to transport oil from the Middle East to Asia have risen, leading to a slowdown in s...

China’s oil stockpile grows despite falling imports; further stockpiling may depend on market conditions
June 16, 2025 04:56 PM AEST| By InvezzIn May, China saw a continued increase in crude stock builds, despite a decline in seaborne imports. Stockpiling rate exceeded 1 million barrels per day in May for the second-consecutive month, Vortexa said in its latest analysis. In May, China...

Could the Air India Ahmedabad crash derail its turbulent revival?
June 14, 2025 08:00 PM AEST| By InvezzAir India’s long-awaited turnaround, spearheaded by the Tata Group, has encountered a serious setback after the fatal crash of AI171 on Thursday that killed all but one of the 242 passengers and crew on board. The accident, which has drawn global att...

Uncertainties persist in base metals market regarding US-China trade deal
June 14, 2025 07:42 PM AEST| By InvezzThere is a considerable amount of uncertainty in the base metals market surrounding the implication of the trade deal between the US and China. Base metal prices reacted unevenly to the US-China tariff agreement. Aluminium prices initially incr...

Israel attack on Iran sends travel stocks sinking while energy, defense shares rally
June 14, 2025 03:13 AM AEST| By InvezzTravel and leisure stocks bore the brunt of investor anxiety on Friday after Israel launched airstrikes on Iranian targets, stoking fears of an escalating conflict in the Middle East. The strikes, aimed at crippling Iran’s nuclear infrastructure, rat...

Lady Gaga concert propels Brazil’s services sector to third monthly gain
June 14, 2025 02:52 AM AEST| By InvezzBrazil’s service sector grew for the third straight month in April, fueled in part by strong transport demand associated with Lady Gaga’s giant concert in Rio de Janeiro, the national statistics agency IBGE said Friday. Gaga’s free...

SpaceX’s role in ‘Golden Dome’ under scrutiny after Musk-Trump feud: report
June 14, 2025 12:00 AM AEST| By InvezzSpaceX's role in the US Golden Dome missile defense system is in doubt after a feud between Elon Musk and Trump. Explore the implications and latest updates.

Gold prices eye record peak as Israel-Iran strikes fuel bullion rally
June 13, 2025 08:58 PM AEST| By InvezzGold prices are on track to reclaim record highs as positive bias continued to support sentiments, experts said. Following widespread Israeli strikes on Iran, escalating geopolitical tensions in the Middle East fueled safe-haven demand, pushing...

What’s the reason behind the surge in tech layoffs?
June 13, 2025 08:08 PM AEST| By InvezzThe headlines say the job market is holding steady. But the devil is in the details. Quiet buyouts, strategic tech layoffs, and hiring freezes are sweeping through some of the world’s most profitable companies. The signs are pointing towards a...

EU nuclear ambition: $278B investment targets capacity boost by 2050
June 13, 2025 07:11 PM AEST| By InvezzThe European Commission announced on Friday that European Union countries would need 241 billion euros ($278 billion) in investments to expand nuclear energy. The Commission also stated that new funding instruments would be necessary to mitigat...

Iran pulls out of US talks after Israel attack: can it dent Iran’s nuclear efforts?
June 13, 2025 05:55 PM AEST| By InvezzIran will not be participating in the nuclear negotiations with the United States scheduled on Sunday, the country announced on state television on Friday in the wake of Israel’s airstrikes on Iran’s nuclear program and ballistic missile...

Israel’s attack on Iran deepens old conflict: what does this mean for the Middle East?
June 13, 2025 04:29 PM AEST| By InvezzThe long-simmering, complex conflict between Israel and Iran, a defining feature of the Middle East for decades, has violently erupted into a new and perilous phase. Previously characterized by indirect attacks and proxy engagements, the hostilities...

US battery storage poised for sustained growth amid cost reductions
June 13, 2025 04:04 PM AEST| By InvezzFollowing significant growth in 2024, the US battery energy storage (BESS) market is experiencing a nationwide boom this year. Declining battery manufacturing costs are a key factor in the rapid expansion observed. Rystad Energy forecasts this downwa...

Analysis: How rising Middle East tensions are shaking global oil supply and prices
June 13, 2025 03:35 PM AEST| By InvezzThe latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again. At one point on Friday, Brent crude oil prices had jumped more than $8 per barrel to hit its highest level since late January. Israe...

Brent crude oil price forecast after the Israel attack on Iran
June 13, 2025 10:01 AM AEST| By InvezzBrent crude oil price went parabolic on Friday, moving to a high of $76.50, its highest point since January and 35% above the lowest point this year. Similarly, the West Texas Intermediate (WTI) price soared to $77.53, up by over 40% from the year-to...

Why retail executives see a tariff retreat in Trump’s playbook
June 13, 2025 06:21 AM AEST| By InvezzRetail executives are increasingly anticipating a pullback on reciprocal tariffs under a potential Trump administration, a sentiment rooted in a pattern of past actions rather than explicit policy declarations. This expectation is heavily influenced...