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Europe is weeks away from crossing a critical threshold that represents a severe and immediate shortage of jet fuel, triggering many more flight cancelations and even the possible closures of smaller airports.A new Goldman Sachs research report estimates that...

Stay informed with free updatesSimply sign up to the Oil myFT Digest -- delivered directly to your inbox.The writer is the UAE’s ambassador to the United StatesForty years ago, I attended my first Opec meeting. It was my first...

Candidates in pivotal Pennsylvania seat hope to woo voters away from Donald Trump’s Republicans Source link

Stablecoins, a form of cryptocurrency pegged to a real world asset, are becoming part of the global financial system, with firms like Visa and Stripe rushing to distribute them. They are also overwhelmingly dollar based. While there are euro...

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Andrew Ross Sorkin didn’t waste any time getting to the question on many people’s minds this morning when Anthropic CEO Dario Amodei appeared on-stage in Lower Manhattan with Jamie Dimon, CEO of JPMorgan and a freshly-minted Anthropic partner. ...

Pennsylvania has sued an artificial intelligence chatbot maker, saying its chatbots illegally hold themselves out as doctors and are deceiving the system’s users into thinking they are getting medical advice from a licensed professional.The lawsuit, filed Friday, asks the...

The Strait of Hormuz remains closed, with the flimsiest of ceasefires looking flimsier by the hour. Oil prices have jumped back above $100 a barrel. At times like these, it’s important to remember that things can still get much,...

Don’t ignore the macro. Sure, stocks are doing well, Morgan Stanley’s Lisa Shalett says in a recent note. But don’t underestimate the ability of political risk to derail good earnings: “The Federal Reserve’s unique transitional situation could also foster...

I spent most of the school holidays of my childhood at my father’s office in Beirut. While other children were at the beach or the mountains, I was watching a man run his businesses through one of the longest...