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China and India to face supply jolt as U.S. targets Russia’s oil giants

General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia Aug. 28, 2025. Stringer | Reuters U.S. decision to sanction Russia’s two largest oil companies threatens to disrupt the energy lifeline linking Moscow to its biggest customers in Asia, but without causing an immediate supply shock, industry experts told CNBC. The … Read more

Microsoft CEO Satya Nadella’s pay hits a record $96.5 million—he got a 22% pay rise mirroring the $4 trillion tech giant’s skyrocketing shares

Wall Street’s big bet on AI is beefing up the pockets of some of the most prominent leaders in the tech space.  A new proxy filing revealed that Microsoft CEO Satya Nadella’s pay package jumped to $96.5 million in fiscal 2025—the highest amount paid since he became CEO more than a decade ago. His earnings … Read more

Europe’s private equity giants tumble as U.S. bank lending fears spread

Some of Europe’s major private markets firms sold off on Friday as concerns over lending standards in U.S. markets swept across the Atlantic. London-listed ICG closed 5.5% lower, while CVC Capital Partners, which is headquartered in Jersey, lost about 6.6%. Swiss private markets firm Partners Group fell 3.4%, as Sweden’s EQT was down 4.6%. The … Read more

Goldman Sachs, Deutsche Bank, and other banking giants unite to explore reserve-backed digital money

Key Takeaways Nine major banks formed a consortium to explore issuing reserve-backed digital money on public blockchains. The initiative aims to provide a stable payment asset and enhance financial innovation in cross-border payments. Share this article Nine major international banks have formed a consortium to explore issuing reserve-backed digital money on public blockchains, Bloomberg reported … Read more

Auto giants tumble as EU’s new steel tariffs spark industry panic

The BMW brand logo can be seen on the BMW four-cylinder (also known as the BMW tower and BMW high-rise), the main administration building and landmark of the vehicle manufacturer BMW. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s biggest carmakers traded lower on Wednesday, amid concern that the European Union’s latest … Read more

Spencer Rattler earns first NFL win as Saints beat Giants at home

NEWYou can now listen to Fox News articles! It took 11 games, but New Orleans Saints quarterback Spencer Rattler finally earned his first career win in the NFL. Rattler had been in several close games with the Saints but hadn’t been able to come away with that winning feeling — until the New York Giants … Read more

Starbucks (SBUX): A look at the java giant’s initiatives in its biggest market

Shares of Starbucks Corporation (NASDAQ: SBUX) stayed red on Friday. The stock has dropped 8% in the past three months. The coffeehouse chain is in the midst of a turnaround effort against a backdrop of continued sales declines in its largest market, North America. Even as it appears to make progress on many fronts, it … Read more

Lamb Weston (LW): A few points to note about the French fry giant’s Q1 2026 performance

Shares of Lamb Weston Holdings, Inc. (NYSE: LW) stayed green on Thursday. The stock has gained over 18% in the past three months. The frozen potato products maker delivered flat sales and lower profits for the first quarter of 2026, as growth in volumes was offset by unfavorable price/mix. The company expects volume growth to … Read more

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