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Delta Air Lines scales back climate pledges amid sustainable fuel shortages Delta Air Lines has removed two major environmental commitments from its sustainability webpage. The airline deleted its specific pledge to use sustainable aviation fuel for 10% of its jet fuel by the year 2030....

Oil surges above $100, stocks slide as Trump announces Strait of Hormuz blockadeThe energy markets are once again on edge given the threat issued by President Trump regarding the blockade of Strait of Hormuz and other Iranian ports. The announcement comes after the US and Iran failed to reach an...

Middle East war economic shock looms over IMFThe Middle East war's economic shock is overshadowing global finance talks as leaders gather in Washington this week for meetings hosted by the International Monetary Fund and the World Bank. Officials are examining how the conflict, which started...

Japan eyes currency intervention to tame persistent inflationary pressuresThe Bank of Japan is reportedly working to combat inflation by boosting the yen, a significant shift as the central bank weighs raising interest rates to counter the economy’s recent downturn. Regarding an economist...

Japan boosts semiconductor push to shield global supply chains: Here’s whyJapan’s Ministry of Economy, Trade and Industry approved an additional 631.5 billion yen on Saturday to accelerate research and development at chipmaker Rapidus. This is a part of a broader government strategy...