Half of US generic drugs are made in India and transit the Strait of Hormuz. Supply chains prepare for emergencies, but prescription stockpiles are limited.
Trump's visit, scheduled for March 31-April 2, would be the first for a U.S. president since he went to the country in 2017.
The White House believes tanker traffic through the Strait of Hormuz will increase before Navy escorts are deployed, Treasury Secretary Scott Bessent said.
The tech giant is planning capital expenditure of up to $135 billion related to AI this year.
Meta is planning capital expenditure of up to $135 billion in AI-related costs in 2026, which raised investors' fears around unsustainable spending.
It comes after a separate drone strike at Fujairah on Saturday, underlining the vulnerability of the UAE's only export route that bypasses the Strait of Hormuz.
Wild swings in oil prices are drawing an unusual group of traders into one of the world's largest commodity markets: retail investors.
While Andrey Kelin was a gracious host, I realized I'd heard his answers to my questions many times before.
Dubai International Airport resumed a limited flight schedule Monday morning after a drone attack hit a fuel depot, causing a fire.
UniCredit launched a voluntary takeover offer for Commerzbank on Monday.
India’s U.S.-Israel tilt is costing it leverage with Iran just as its ships struggle to get safe passage through the Strait of Hormuz.
Trump's comments come after he called on several countries to send warships so as to secure the critical waterway
President Donald Trump voices frustration at the lack of help from allies in supporting tankers through the Strait of Hormuz.
European stocks are expected to start the new trading week in positive territory despite the ongoing unrest in the Middle East and elevated global oil prices.
Carbon credit purchases by Amazon, Google, Meta and Microsoft skyrocketed in 2023, based on tracked purchases.
The statistics bureau said that China's energy supply is "relatively strong," while announcing an uptick in domestic production.
Trump's decision to order strikes on Kharg Island has pushed one of the world's most critical oil hubs into the center of the escalating U.S.-Iran conflict.
Trump's decision to order strikes on Kharg Island has pushed one of the world's most critical oil hubs into the center of the escalating U.S.-Iran conflict.
Beijing tamped down its GDP growth target this year to a range of 4.5% to 5%, the least ambitious goal on record going back to the early 1990s.
Iran's critical oil export hub Kharg Island is now in U.S. President Donald Trump's sights, with Trump threatening strikes on the island's oil infrastructure.
The remarks came as Treasury Secretary Scott Bessent met his Chinese counterpart He Lifeng in Paris, paving the way for the summit scheduled for late March.
JD.com is pushing same-day delivery and international brands as a way to help it compete with Amazon.
Asia-Pacific markets were set to mostly decline as investors continued to monitor elevated oil prices and the latest developments in the escalating U.S.-Iran conflict.
The U.S. strikes on Kharg Island and Trump's threat to hit Iran's oil infrastructure mark a major escalation in the war, according to JPMorgan.
Carr on Saturday blasted broadcasters shortly after President Donald Trump called reports that Iran struck five U.S. tanker planes "fake news."
Iran is looking to test a state that has positioned itself as the Gulf's safest bridge between East and West — and the future of the region.
The businesses of Goldman Sachs and Wells Fargo should be largely insulated from the three major headwinds facing the industry.