Wise money laundering probe hits at fintech’s fundamental flaw
Investigation comes at a particularly bad time given its recent transatlantic stock market move
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Job openings in April surged to 7.6 million, the highest in nearly two years
The Bureau of Labor Statistics reported that available employment hit 7.6 million for the month, a surge of 731,000 from the prior month.
Adnoc plans new UAE pipeline to bypass Strait of Hormuz
Move by state-run oil group comes as Iran war highlights region’s reliance on key shipping route
Oil industry faces ‘gruesome’ demand shock from Iran crisis
The prospects for a rapid and full reopening of the Strait of Hormuz look bleak
China’s hunt for US tungsten escalates global critical minerals race
Effort has driven up prices and prompted calls to restrict sales of a vital national security resource to overseas buyers
US rice farmers spy a lifeline in crisis-hit Cuba
Opening up of the communist island could result in a ‘big shot in the arm’ for planters in the southern US