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Analysts at Jefferies Financial Group Inc. estimate the United Arab Emirates' central bank injected more than 30 billion dirhams ($8.2 billion) into the banking system to help protect against the impact of the Iran war....

Russia's oil tax revenue in March dropped by nearly half compared to a year earlier, highlighting the Kremlin's financial strain just before the Middle East war delivered an unexpected boost to Moscow's earnings....

Once at the forefront of the fight against military AI, employees now are on the sidelines...

Barry speaks with Songyee Yoon, founder and managing partner of Principal Venture Partners. They discuss her venture firm's focus on AI-native companies, and understanding technological innovation. They also discuss the tech investment landscape and how she determines which companies are native to AI and which are chasing the boom. (Source: Bloomberg)...

The Irish government launched a test phase of its digital wallet Friday including an age verification capability to keep teenagers safer online....

Israel's largest gas field resumed production after a 33-day shutdown triggered by the Iran war, likely providing some relief for markets that are struggling with supply....

Italy's deficit breached the European Union's ceiling last year in the biggest fiscal setback for Prime Minister Giorgia Meloni's government since she took office in 2022....

Abu Dhabi suspended operations at its biggest natural gas processing facility after a fire, the second time operations at the project have been halted since the war in the Middle east began....

There's obviously a lot of talk these days about AI and possible destruction of white collar jobs. Intuitively bankers might be expected to be victims of this. But before we can answer whether AI can disrupt an industry, or a line of work, we have to know what the job actually entails. What do investment bankers actually do, and why are they paid for it? To answer this question, we speak with Scott Bok, the longtime former CEO of the investment bank Greenhill. Scott is also the author of the book Surviving Wall Street: A Tale of Triumph, Tragedy, and Timing. We discuss how the industry changed in his career, what type of people thrive in it, and how AI could change the nature of the profession. (Source: Bloomberg)...

Iran targeted more sites in Arab Gulf states overnight and into Friday, hours after US President Donald Trump issued fresh threats against Iranian infrastructure to pressure Tehran to start peace negotiations....

Berkshire Hathaway Inc. has started sounding out investors for a potential multi-tranche yen bond sale, according to people familiar with the matter....

Global food prices rose in March, driven by higher energy prices and an increase in freight costs linked to war in the Middle East....

Prime Minister Giorgia Meloni's government extended Italy's fuel tax cut through May 1, committing about €500 million ($577 million) in added funds to blunt the impact of higher energy prices caused by the Iran war....

French Prime Minister Sebastien Lecornu has asked ministers to prepare measures to help individuals who depend on cars as the Iran war pushes up fuel prices....

There's obviously a lot of talk these days about AI and possible destruction of white collar jobs. Intuitively bankers might be expected to be victims of this. But before we can answer whether AI can disrupt an industry, or a line of work, we have to know what the job actually entails. What do investment bankers actually do, and why are they paid for it? To answer this question, we speak with Scott Bok, the longtime former CEO of the investment bank Greenhill. Scott is also the author of the boo...

The real service they provide...

A container ship signaling French ownership has exited the Strait of Hormuz, in what appears to be the first known transit by a vessel linked to Western Europe since the war all but shuttered the vital waterway....

Turkey's annual inflation slowed in March more than economists expected, despite economic pressures stemming from the Iran war....

Bond traders torn between growth and inflation concerns are setting up for a key read on the US jobs market, even as the continuing hostilities in the Middle East remain the center of attention....

Westpac Banking Corp.'s chief executive officer Anthony Miller has warned the conflict in the Middle East has raised the risk of a recession in Australia, saying that it was unclear how long supply chain disruptions from the Iran war could take to work their way through the economy....