Bloomberg

IEA to release record 400 million barrels of oil from stockpiles

The IEA, which co-ordinates stockpile releases for OECD countries, has said its 32 members hold more than 1.2 billion barrels in public emergency stockpiles

Shell declares force majeure on Asia LNG deals after Qatar plant shutdown

Shell has an equity partnership with QatarEnergy in the massive Ras Laffan LNG plant, the largest single plant in the world, which shut down last week following a drone attack on the facility

India, Bangladesh urea firms shut operations as war disrupts LNG flow

LNG is the primary feedstock for urea production, serving as an energy source and a key input in making the world's most widely used fertilizer

Adani Energy raises $500 mn bilateral debt from Apollo Global Management

The financing underscores the financing shift for Adani, historically one of the largest Indian issuers, as it borrows to fund ambitious capital spending plans while facing elevated borrowing costs

Global banks push back on RBI's plan for offshore rupee trade reporting

Banks told the RBI the proposal could breach client confidentiality and conflict with data and reporting rules in other jurisdictions

Sachin Katti: The former academic behind OpenAI's trn-dollar AI buildout

Katti, previously Intel's chief technology and AI officer, joined the ChatGPT maker in November to serve as its head of industrial compute

Anthropic tells judge billions of dollars at stake if US shuns AI tool

The startup made a case for urgency to US District Judge Rita F. Lin at a hearing in San Francisco a day after Anthropic sued the Defense Department over the supply-risk designation

The dark side of India's digital gold rush: How consumers are misled

A fundamental disregard for an individual's choice and data sovereignty is the dark side of India's digital gold rush

Former PM Churchill to be removed from UK banknotes as cash gets new look

The Bank of England held a public consultation on refreshing its money last year and found nature emerged as the 44,000 responses' most popular theme

Snabbit founder seeks fresh funding in India's $60 bn housework market

Less than 1 per cent of paid household help is currently ordered through online platforms, Redseer estimates, leaving them with ample room to gain market share

Global hunt for LNG intensifies as West Asia conflict cuts supply

The conflict has shut down Ras Laffan, the world's largest LNG export facility in Qatar, and halted traffic through the Strait of Hormuz

Gita Gopinath warns fiscal space 'depleted' for long-lasting Iran war

Gita Gopinath said the world economy is already facing a slowdown in growth in 2026 due to higher oil prices in the wake of the conflict that erupted less than two weeks ago

Aramco CEO warns of catastrophic oil market impact from prolonged Iran war

Saudi Arabia is reducing output by as much as 2.5 million barrels a day, joining United Arab Emirates, Iraq and Kuwait in deepening cuts, Bloomberg reported on Tuesday

Ackman seeks $10 billion in New York IPO of Pershing Square and Fund

Ackman is eyeing a dual public offering for Pershing Square and a US-listed closed-end fund called Pershing Square USA, which he had previously sought to take public in 2024

SBI shuns payments for Russian oil despite US waiver amid uncertainty

The state-owned bank believes that engaging in such business could expose it to risks as it has a sizable loan portfolio in global markets, and also hurt its reputation

Trump's failure to understand Iran's leadership may give Tehran an edge

From Ukraine to Iran, Trump has repeatedly misjudged his adversaries - a pattern seen in past US wars that shows how underestimating rivals can reshape conflicts and prolong geopolitical crises

RBI steps up support for rupee, bond markets as crude oil prices surge

Central bank steps into forex and bond markets as rising crude prices threaten inflation, the rupee and government finances

Australia grants humanitarian visas to five Iranian female soccer players

Five players sought asylum after refusing to sing Iran's national anthem during a tournament in Australia

Democrats threaten to stall Senate until Trump admin explains Iran war

The Senate last week voted down a war powers resolution, which would have put curbs on Trump's abilities to use military force in Iran

Apple now makes about 25% of iPhones in India amid US-China trade tensions

Apple assembled about 55 million iPhones in India in 2025, up around 53%, compared to 36 million iPhones a year earlier