Author: V. Alure

The largest U.S. military buildup since the 2003 Iraq invasion is aimed at Iran, and the outcome of a tense standoff could mean the average price at the pump falls to $2.50 per gallon or spikes astronomically to $5 in the case of war, geopolitical and energy analysts told Fortune. The reason for the extreme range of potential impacts is the Strait of Hormuz offshore of Iran. The narrow, 104-mile strait is the main choke point separating the Persian Gulf—and the daily flow of nearly 20 million barrels of oil—from the Indian Ocean and global energy markets. Most of the…

US President Donald Trump on Thursday signed a proclamation imposing a 10 per cent temporary import surcharge on most goods entering the United States, after the Supreme Court deemed the tariffs imposed on different countries “illegal”.Thereafter, invoking emergency powers under Section 122 of the Trade Act of 1974 to address what he described as “fundamental international payment problems, Trump signed an order stating that the duty will take effect at 12.01 am EST from February 24, and will remain in force for 150 days, unless extended by Congress. Donald Trump Strikes Back At Supreme Court, Rolls Out New 10% Worldwide…

After years in the doldrums, the stars may have finally aligned for UK banking shares like Barclays (LSE: BARC). The last few years have been terrific for all the FTSE 100 banks, but the Blue Eagle bank might take first prize. Taking into account a surging share price and some handsome dividends on top, just how much could an investor have made from Barclays? Here are the basic details: Share price February 2024: 147p Share price February 2026: 487p Share price increase: 232% Dividends paid between February 2024 and February 2026: 16.7p Dividends paid as percentage of February 2024 share…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldLess than a month after the billionaire owners of the Ambassador Bridge donated $1mn to a Super Pac supporting Donald Trump, the president threatened to shut down a rival bridge that also connects Canada to the US. Filings released on Friday night show Matthew Moroun, whose company operates the 100-year-old bridge that connects Michigan and Ontario, on January 16 gave $1mn to Maga Inc, a Trump-affiliated Super Pac.In a post on Truth Social on February 9, Trump took aim at the rival…

Microsoft on Friday named Indian-origin executive Asha Sharma as the executive vice president and CEO of its gaming division, marking a milestone in the leadership front of Xbox’s history.Asha Sharma will replace long-time head Phil Spencer as he is retiring after 38 years at the software maker.President Sarah Bond will also leave. Xbox games studios chief Matt Booty will become chief content officer, reporting to Sharma.Asha Sharma said she would renew focus on the Xbox console, aiming to “recommit to our core Xbox fans and players.”“We will empower our studios, invest in iconic franchises, and back bold new ideas. We…

Form 144 Global Crossing Airlines Group Inc. For: 20 February Source link #Form #Global #Crossing #Airlines #Group #February

Employers Holdings, Inc. (NYSE: EIG) reported fourth-quarter and full-year 2025 results on February 19, 2026. For the fourth quarter ended December 31, 2025, revenue totaled $170.5 million, down 21.3% year over year from $216.6 million. The company posted a net loss of $23.4 million, or $1.06 per diluted share. For the full year 2025, net income amounted to $10.8 million, or $0.46 per diluted share, compared with $118.6 million, or $4.71 per diluted share, in 2024. Company Description Employers Holdings, Inc. is a holding company whose subsidiaries specialize in workers’ compensation insurance, excess workers’ compensation, and related services. The company…

Telephone and Data Systems, Inc. (NYSE: TDS) reported fourth-quarter and full-year 2025 results on February 20, 2026. For the fourth quarter ended December 31, 2025, total operating revenues from continuing operations reached $330.7 million, up 12% year over year from $295.3 million. Net income attributable to TDS common shareholders from continuing operations totaled $37.2 million, or $0.32 per diluted share. For the full year 2025, operating revenues from continuing operations were $1,228.2 million, down from $1,297.0 million in 2024, while net income attributable to TDS common shareholders from continuing operations improved to $48.2 million, or $0.39 per diluted share, from…

Debt reductionIn 2022, UPL Ltd carved out four businesses as subsidiaries: domestic crop protection, international crop protection, global seeds, and manufacturing and speciality chemicals. The listed company, UPL Ltd, has a speciality chemical business, Superform Chemistries Limited, while its Indian crop protection business is housed under UPL Sustainable Agri Solutions and counts TPG, Abu Dhabi Investment Authority, and Brookfield as investors. International Crop Protection or UPL Corp counts TPG and Abu Dhabi Investment Authority as investors, while the seeds business under Advanta Enterprises Ltd counts KKR as its investor. Source link #UPL #list #company #housing #crop #protection #business #Company #Business…

President Donald Trump on Friday evening said he signed an executive order imposing a new 10% “global tariff,” hours after the Supreme Court struck down his sweeping “reciprocal” import duties in a major rebuke of his trade agenda.The “Section 122” tariffs will take effect “almost immediately,” Trump said in a Truth Social post.They come on top of the levies that remain intact following the high court’s decision, which invalidated the tariffs Trump had imposed using the International Emergency Economic Powers Act, or IEEPA.At a White House press briefing Friday afternoon, Trump railed against the “deeply disappointing” 6-3 ruling.”I’m ashamed of…