Business

Bill Gates was a top 3 philanthropist last year as the ultrawealthy gave away $22.4 billion — but he didn’t take the the spot

The 50 American individuals and couples who gave or pledged the most to charity in 2025 committed US$22.4 billion to foundations, universities, hospitals...

Stocks stage massive upside reversal as oil plunges after Trump says Iran war could be over soon

Oil prices plunged on Monday afternoon and equities went back into the green after President Trump suggested to CBS News reporter Weijia Jiang...

Oil worries and Iran war hammer Asian stocks, with Korea’s KOSPI taking the biggest hit

Asian equity markets continue to bear the brunt of investor anxiety over U.S. President Donald Trump’s launch of large-scale strikes on Iran last...

The Gulf’s ‘saltwater kingdoms’ rely so much on desalination that damage could force evacuations

As missiles and drones curtail energy production across the Persian Gulf, analysts warn that water, not oil, may be the resource most at risk in...

UMG puts US listing plans on hold

Universal Music Group has put its plans for a secondary listing on a US stock exchange on hold, citing turbulent market conditions.The world’s...

OpenAI investor Vinod Khosla believes AI will be able to do 80% of all jobs by 2030. Here’s how life could be affordable after...

Vinod Khosla has been thinking about artificial intelligence longer than most, and betting on it longer than almost anyone. The legendary venture capitalist...

McDonald’s CEO’s viral burger taste test has a silver lining

But one small, hesitant bite was all it took to turn the launch into a viral punchline, and hand archrival Burger King a...

Spotify says it paid out $213M to Australian music rightsholders in 2025, up 7% YoY

Spotify reports that it paid out AUD $330 million (approx. USD $212.7M) to Australian music rightsholders last year, up 7% YoY.Globally, Spotify says...

As Live Nation antitrust trial begins, DOJ tells jury the concert industry is ‘broken’

The landmark federal antitrust trial against Live Nation Entertainment kicked off this week in Manhattan, with the US Department of Justice (DOJ) arguing...

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