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Home > Latest

Lates News

date
22/09/2026
According to The New York Times: SB Energy has postponed its IPO.
Latest
4 m ago
Market news: The United States seeks to phase out Russian uranium to prepare for a full import ban.
13 m ago
According to The Wall Street Journal, the Trump administration has proposed investing $5 billion in a new fund aimed at helping Middle Eastern countries rebuild energy infrastructure damaged in the war with Iran and reducing their dependence on the Strait of Hormuz for oil and gas transportation. Under the Trump administration's plan, the United States would seek equal contributions from partnersSaudi Arabia, the UAE, Qatar, Bahrain, Kuwait, Oman, Iraq, and Jordanto raise a $10 billion investment fund. The investment plan would be named the "Partnership for Allied Trust and Construction" (abbreviated as Pact). Related negotiations are currently underway. Some Middle Eastern officials said the move appears to be an attempt by the United States to position the Strait of Hormuz as a less influential energy corridor and to demonstrate that the U.S. and its allies are united in confronting Iran. They also noted that establishing a fund to rebuild destroyed energy facilities without reaching a peace agreement with Tehran is premature, because Iran could use drones and missiles to attack new infrastructure.
17 m ago
As of the close that day, the price of light crude oil futures for October delivery on the New York Mercantile Exchange fell by $4.52 to close at $95.78 per barrel, a decline of 4.51%; the price of London Brent crude oil futures for November delivery fell by $3.53 to close at $100.34 per barrel, a decline of 3.4%.
22 m ago
According to The New York Times, SB Energy, the data center construction and operation company under SoftBank, had originally planned to conduct an initial public offering (IPO) this month. The company intends to build the world's largest data center project in Ohio. However, according to four people familiar with the marketing of the deal, the offering has been postponed because investors have questioned the $50 billion or higher valuation sought by SB Energy. So far, investment banks have struggled to find enough buyers for SB Energy shares within the price range expected by the company and its bankers.
34 m ago
The U.S. Dollar Index, which measures the greenback against six major currencies, rose 0.21 percent on the day, closing at 100.430 in late foreign exchange trading. As of late New York foreign exchange trading, the euro was trading at 1.1465 U.S. dollars, down from 1.1483 U.S. dollars in the previous session; the British pound was at 1.3369 U.S. dollars, down from 1.3391 U.S. dollars in the previous session; the U.S. dollar was at 157.45 Japanese yen, up from 156.68 Japanese yen in the previous session; the U.S. dollar was at 0.8213 Swiss francs, down from 0.8221 Swiss francs in the previous session; the U.S. dollar was at 1.4039 Canadian dollars, up from 1.3993 Canadian dollars in the previous session; the U.S. dollar was at 9.8398 Swedish kronor, up from 9.8333 Swedish kronor in the previous session.
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