US oil refineries run at breakneck speeds as wars choke fuel supplies
High utilisation rates create risks of outages at a time when fuel prices are already up sharply
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Financial Times
Global business from the Financial Times
Business · 712 articles · page 20 of 20 · fetched 5 minutes ago
Russia forced to import fuel from India as Ukrainian strikes damage refineries
Shipment underlines crisis facing Moscow after drone attacks cut supplies and led to widespread shortages
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Trump threatens to destroy Iranian bridges and power plants
US president’s warning marks latest attempts to assert American control over Strait of Hormuz
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US and Japan clash over meltdown liability in $40bn nuclear power deal
Project is part of Tokyo’s commitment to invest $550bn in return for lower tariffs
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New Zealand’s ‘rocket man’ takes on Musk and Bezos
Peter Beck’s Rocket Lab builds internet satellite business to rival Starlink and Amazon Leo
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Macquarie names banking head to succeed Wikramanayake as CEO
Greg Ward appointed to lead Australian investing giant
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How long can China defy history and logic with its imbalances?
The country is demanding far too much of a world fixated on cheap consumer goods
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Why the US is losing Chinese AI stars
More entrepreneurs from China believe there are now greater opportunities at home than in Silicon Valley
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US and Saudi Arabia agree landmark nuclear energy pact
Critics warn agreement lacks safeguards to prevent future uranium enrichment and reprocessing
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OpenAI hacking incident exposes mounting risks in AI arms race
Increasing use of aggressive training techniques sharpens threat of bad behaviour by leading models
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Greek tycoon’s tanker towed into Iranian waters
Shipping group Dynacom ‘trying to verify’ whereabouts of vessel hit in Strait of Hormuz
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UK education secretary accused of misleading claim about Oxford entry
Former Xaverian College pupils say Lucy Powell was not the ‘only one’ in her year to attend elite university
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Pakistan seeks $10bn US facility to shore up reserves
Country seeks to gain from its role mediating between Washington and Tehran
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The deed thieves targeting New York brownstones
As property values rise, more titles are being stolen from homeowners without their knowledge
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OpenAI admits AI ‘agent’ caused major cyber breach by itself
AI lab’s advanced models escaped testing ‘sandbox’ to hack Hugging Face
Read at source →Trump threatens tit-for-tat strikes on Iranian infrastructure
US president’s warning marks latest attempts to assert American control over the Strait of Hormuz
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Mercedes risks US sales ban under Senate China bill
Commerce panel to vote on legislation barring companies with significant Chinese ownership from US market
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AMD to invest up to $5bn in Anthropic in chip deal
AI group commits to buying tens of billions of dollars of AMD’s latest AI server chips
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European gas prices approach Iran war highs as traders fret over winter supplies
Heatwaves and bidding war with Asian buyers leave market vulnerable to Strait of Hormuz disruption
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Burnham can be the failure that Britain needs
Big government must be tested to destruction for serious reform to finally happen
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US cyclospora cases mount as authorities struggle to find source
Thousands have been sickened in an outbreak centred in the Midwest and believed to be tied to a parasite found on…
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Private capital misses out as IPO and deal boom lifts Wall Street banks
Reversal marks dramatic shift from recent years when sector was seen as more resilient to changes in financial markets
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The US has collected about $13bn of Venezuela’s oil money. Where is it?
Washington has given diverging accounts of where the earthquake-shattered country’s funds are going
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The high price of insider information
Without tough enforcement, prediction platforms provide fertile ground for manipulation
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Ethical fintech boss tried to set up arms deals with Wirecard’s Marsalek
Algbra founder sought to help businessman later exposed as a fraudster and spy raise $2.75bn to buy Russian military…
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The UK’s biggest university is a private company
Supporters say franchised providers widen access to further education, but others doubt the real value of their ‘no…
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How a billionaire’s dream for a Florida railway went south
Brightline East, the brainchild of Wes Edens, is mired in complex debt negotiations
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