Iran war tilts balance of global oil power towards Americas
Countries from Canada to Argentina have seen surge in investment and production as buyers rush to replace supply lost to Hormuz disruption
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AI debt worries spark surge in default insurance trading
Volumes of credit default swaps linked to big tech groups soar as investors seek protection against boom unravelling
Data centre builder tumbles on trading debut
Elice shares sink more than 30% in Seoul, adding to rising concern about AI valuations
Ambani looks to pull off India’s biggest IPO
Jio Platforms aims to list at $107bn valuation amid stock market downturn, tougher competition and goading from Elon Musk
New York pensions chief says private equity firm sought to expense jet use
Head of city’s $326bn Retirement Systems hits out at ‘steady creep’ higher in fees charged by managers
US stocks recover after AI sell-off
Nasdaq 100 rises following biggest weekly drop since last year’s trade war rout