US moves to open Venezuela’s vast crude reserves to Big Oil
Treasury issues ‘general licence’ that will allow US groups to purchase and resell Venezuelan oil
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Microsoft sheds $360bn in market value as AI spending spooks investors
Software group pulls Nasdaq lower after reporting 66% year-on-year surge in data centre costs
Microsoft sheds $430bn in market value as AI spending spooks investors
Software group pulls Nasdaq lower after reporting 66% year-on-year surge in data centre costs
First Brands founder and brother indicted on US fraud charges
Patrick and Edward James accused of fraudulently obtaining billions of dollars from lenders in New York federal case
Microsoft slides as bumper AI spending unnerves investors
Software group pulls Nasdaq lower after reporting 66% year-on-year surge in data centre costs
Coterra and Devon near tie-up to create $60bn US shale group
Deal would be the largest oil and gas merger in two years