Since the Iran war began in late February, the world has lost about 12.8 million barrels of oil daily, totaling nearly 1 billion barrels over 75 days, according to the International Energy Agency. This significant supply disruption is largely due to the effective closure of the Strait of Hormuz, a key oil transit route. As a result, global oil prices have surged nearly 50%, though experts believe prices should be even higher given the scale of lost supply. The ongoing uncertainty about when normal oil flows will resume keeps the market on edge, signaling a shift from last year's supply surplus to a deficit.
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...
Ecopetrol, Colombia's largest energy company, will announce its financial and operating results for the second quarter of 2026 on August 3 after market close. A virtual conference will follow on August 4, featuring simultaneous Spanish and English br...
Galaxy Digital reports that large Bitcoin holders (whales) have not sold their holdings over fears of quantum computing risks. Instead, concerns about quantum threats seem to influence institutional investors who are hesitant to buy Bitcoin. Recent l...
Visionstate Corp. has decided to pause its previously announced non-brokered private placement financing under the LIFE exemption, initially targeting $500,000 to $1,000,000. The company will use this time to reconsider the structure and timing of th...
