Business News

OpenAI Raises 122B at 852B Valuation In Record Breaking Funding Round

OpenAI has closed a $122 billion funding round at an $852 billion valuation, marking the largest private capital raise in the technology sector.

19 hours ago

By Abhay Maitreya

Bangladesh Faces Fuel Crunch, Fiscal Strain as Iran War Takes Toll on Economy

Bangladesh is confronting a growing economic strain as fuel shortages, rising import costs and fiscal challenges converge amid the Iran war.

19 hours ago

By Abhay Maitreya

Activist Investors and Geopolitical Hopes Spark Wall Street's Best Day of March

U.S. markets recorded their strongest session of March as investors responded to signs of possible de-escalation in the Iran conflict and a wave of activist investor activity.

23 hours ago

By Abhay Maitreya

US Stocks Surge On Iran Ceasefire Hopes as Oil Retreats

U.S. stock markets posted their strongest gains since the Iran conflict began, with the Dow rising 913 points on March 31.

24 hours ago

By Abhay Maitreya

Pentagon Press Fight Deepens as Times Says Court Order Ignored

The New York Times has accused the Pentagon of effectively defying a federal court order restoring press access by imposing new restrictions on journalists.

43 hours ago

By Abhay Maitreya

Iran Moves To Tax Hormuz Shipping Ban US And Israeli Vessels

Iran has approved a plan to impose transit tolls on vessels passing through the Strait of Hormuz and ban U.S. and Israeli ships.

43 hours ago

By Abhay Maitreya

Iran War Batters Global Fashion Industry as Luxury Brands Brace for 50% Sales Decline

Regional conflict is hammering Middle East luxury fashion markets, with sales potentially falling 50% and global supply chains unraveling fast.

46 hours ago

By Jeanna Francis

Naver Financial Pushes Dunamu Share Swap to September Amid Regulatory Review

Naver Financial delays Dunamu share swap as South Korea tightens crypto regulation

2 days ago

By Abhay Maitreya

Trump Claims Iran Sent 'Gift', Floats U.S. Seizure of Kharg Island Oil Hub

U.S. President Donald Trump said in late March 2026 that Iran delivered what he called a "very big present" tied to oil and gas flows near the Strait of Hormuz.

2 days ago

By Lakshmi Prabha

WTO Talks Collapse As E Commerce Deal Fails And Reform Push Stalls

World Trade Organization talks in Cameroon ended without agreement on reforms or an extension of the e-commerce tariff moratorium.

2 days ago

By Abhay Maitreya

Oil Surges Past $115 a Barrel as Hormuz Crisis Jolts Global Markets

Global markets fell sharply on March 30 as Brent crude surged above $115 per barrel amid escalating tensions around the Strait of Hormuz.

2 days ago

By Abhay Maitreya

US Troop Levels In Middle East Top 50,000 As Iran War Options Expand

US troop levels exceed 50000 in Middle East as Trump considers escalation options

3 days ago

By Abhay Maitreya

Trump Allows Russian Oil Tanker To Cuba, Signals Shift From Old-Time Blockade Move as Iran Choking Strait of Hormuz Continues

Trump eases Cuba oil blockade allowing Russian tanker as Iran war strains supply

3 days ago

By Abhay Maitreya

Why Hormuz Disruption Has Not Yet Shifted EV Demand In Early 2026 [WATCH]

Why EV demand has not yet surged despite Hormuz oil risks and rising fuel concerns

4 days ago

By Abhay Maitreya

$37.7 Million Payday: How BlackRock Rewarded Larry Fink After Big Year

BlackRock disclosed on March 27 that CEO Larry Fink earned $37.7 million in 2025, up from $30.8 million the previous year.

5 days ago

By Dheemanth Kashyap

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