Brazil cuts reliance on Russian diesel amid new US oil sanctions
The development comes as Brasília tries to mend relations with Washington
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Gold rally tempts jewellers with a literal debasement trade
Surging prices are causing issues even at the top end of the market
Investor angst over Big Tech’s AI spending spills into bond market
Debt issued by groups that are borrowing to build vast data centres has been hit in recent weeks
Saudi Aramco steps up gas push to meet surging electricity demand
World’s largest oil producer shifts focus as it prepares to begin production at the giant Jafurah field
Indonesia considers issuing ‘panda bonds’
Beijing is promoting the use of its currency in international trade and financing