Trump floats renaming Strait of Hormuz the 'Trump Strait'

Investors are underestimating the scale of rate hikes needed to tackle inflation given upward pressure on prices, according to Deutsche Bank AG strategist Henry Allen.

Job cuts come as JLR faces falling sales and intense Chinese competition while trying to switch to electric vehicles.

Two leading commodity trading houses have seen their profits soar, according to company financials seen by Bloomberg News, highlighting how the war in Iran has created a bonanza for the traders and their top executives.

South Africa is preparing to identify a transaction adviser to create a fully independent transmission system operator by the end of next year, a process that will include engaging with possible equity investors.

Hollywood is having its best year since 2019 as moviegoers return to theaters in force. Global ticket sales are up 15% from last year, with five films topping the billion-dollar mark. Daniel Loria, Senior Vice…

Billionaire Mukesh Ambani’s Jio Platforms Ltd. plans to formally kick off investor outreach for its initial public offering as early as next week, according to people familiar with the matter, advancing plans for what…