Norway, well known for its oil and gas production, has ramped up its fossil fuel output in recent weeks to fill the gap following the closure of the Strait of Hormuz and the ongoing energy trade disruptions. While some countries are grateful to Norway for helping alleviate oil and gas shortages, environmentalists have critiqued the…
Quantum computing is often considered a speculative field, since those systems are still primarily used for niche government and research projects rather than mainstream computing applications. Quantum systems are much more powerful than classical computers, but they’re also bigger, pricier, consume more power, and make more mistakes. But from 2025 to 2030, Grand View Research…
Bonds are supposed to be the boring part of a portfolio. They pay income, dampen volatility, and help offset stock market pain when investors run for safety. But Morgan Stanley cracked open 150 years’ worth of stock and bond data and found the catch. When inflation runs hot, bonds have historically become less reliable as…
Higher gas prices are about to make summer getaways a little more expensive this year. We’re ignoring the typical tips that rarely make a difference (“declutter your trunk,” really?) and giving you price discounts that really add up, from saving a dime a gallon or more on gas to over 50 cents a gallon on…
Higher gas prices are about to make summer getaways a little more expensive this year. We’re ignoring the typical tips that rarely make a difference (“declutter your trunk,” really?) and giving you price discounts that really add up, from saving a dime a gallon or more on gas to over 50 cents a gallon on…
The Trump administration is expanding the government’s burgeoning investment portfolio, announcing this past week that it will award grants to nine quantum computing companies, including a new IBM (IBM) venture, in exchange for equity stakes. With the investment, quantum technology — a sector garnering intense investor interest despite questions about its near-term commercial viability —…
Caturus has reached a final investment decision (FID) on its $13bn Commonwealth liquefied natural gas (LNG) project in Cameron Parish, Louisiana, US. The company also secured $9.75bn in project financing for the construction of a 9.5 million tonnes per annum export facility. Mubadala Energy, the Abu Dhabi-headquartered international energy company, holds a 24.1% interest in…
When you put your money in a traditional savings account, the bank pays you interest. In the world of cryptocurrency, there’s a similar way to earn returns — it’s called yield farming. What is yield farming in crypto? Yield farming in crypto is a way to earn rewards by putting your cryptocurrency to work on…
The market is at the start of the next commodity supercycle, according to energy strategist and investor Jeff Currie of Carlyle Group. In a thread posted to X Friday morning, Currie laid out a multipronged argument for why the market is right at the beginning of the next years-long rally cycle for commodities. First, the…
Associated British Foods has acquired New Zealand bagel maker Abe’s Bagels through its regional subsidiary George Weston Foods. Financial terms were not disclosed. The deal was confirmed in a LinkedIn post by Catherine Parlane, the general manager of sales and marketing at the private-equity-backed Abe’s Bagels. “I’m proud to share that Abe’s Bagels has been…
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