Financership

White House races to lower gas prices as Iran conflict disrupts oil markets and fuels inflation fears.

eBay rejects GameStop’s $56B takeover bid, citing financing risks and lack of strategic credibility.

Saudi Aramco Q1 profit jumps 26% as oil prices rise and key export pipeline reaches full capacity

U.S. sanctions firms in China and the Middle East accused of helping Iran expand missile and drone programs.

Toyota Motor Corporation has warned that the ongoing Iran war could wipe roughly $4.3 billion from its earnings this fiscal year, making it one of the clearest signs yet that the conflict is spreading beyond energy markets and into global manufacturing.

Walt Disney exceeded Wall Street expectations in its latest quarterly earnings report, driven by strong growth in streaming and steady performance from its theme parks business, as CEO Josh D’Amaro outlined an aggressive strategy focused on technology, live sports, and consumer engagement.

Indonesia plans Bali financial hub to attract global investors, but faces infrastructure and regulatory challenges

Chinese automaker Geely has reportedly acquired part of a vehicle assembly facility from Ford Motor in Spain, marking a significant step in its push to establish a manufacturing foothold inside Europe. The deal, centered on Ford’s Almussafes plant in Valencia, signals a broader shift in how Chinese carmakers are expanding globally.

SpaceX IPO gives Musk near-total control via super voting shares, sharply limiting shareholder rights and oversight