A new U.S. ban on many Canadian alcohol imports is forcing producers to look homeward, but they face significant obstacles from a complex web of inter-provincial trade regulations that limit domestic market access.
AI startup Anthropic is targeting a $2 trillion valuation while warning of 'existential risks,' as the sector's immense spending plans contribute to economic growth fears that are pushing U.S. Treasury yields to multi-decade peaks.
An IRGC spokesperson accused the U.S. of misrepresenting its nuclear ambitions and the effectiveness of its energy blockade, a claim that contrasts with data showing a partial recovery in oil shipments through the Strait of Hormuz.
Shares of European semiconductor firms, including X-Fab and Infineon, gained on Tuesday after reports on AI startup Anthropic's IPO prospectus revealed significant future spending on cloud computing and infrastructure.
U.S. President Donald Trump has refuted reports of offering sanctions relief to Iran, creating uncertainty around diplomatic efforts to end a seven-month conflict that continues to elevate geopolitical risk and push crude oil prices higher.
Crude oil shipments from key Middle Eastern producers rose to 16.328 million barrels per day in September, the highest level since a regional conflict began in February, driven by a sharp recovery in Saudi Arabian exports.
Crude benchmarks extended gains amid pessimism over U.S.-Iran diplomacy, with supply concerns outweighing data showing a recovery in physical oil exports from key Middle Eastern producers.
Gold prices steadied near a seven-week low after a 4% plunge, as a 19-year high in U.S. Treasury yields and geopolitical tensions bolstered expectations for another Federal Reserve interest rate hike.
Crude benchmarks rose for a second consecutive session as ongoing geopolitical risks in the Middle East outweighed data showing a recovery in the region's oil exports. Brent crude traded near $106 a barrel, supported by concerns over potential shipping disruptions.
