Industry doubts Trump plan to insure Gulf oil tankers as Iran war halts transit
US lacks firepower to provide $350bn in coverage needed to revive Strait of Hormuz transits, JPMorgan says
Posted on Thursday March 05, 2026Greg Abel starts Berkshire’s first share buyback of post-Buffett era
CEO’s move comes with company’s holdings of cash and short-term Treasury bills at a record $373bn
Posted on Thursday March 05, 2026Saba Capital offers steep discount for Starwood real estate shares
Hedge fund seeks stake in fund that sharply limited investor redemptions in 2024 at 20% haircut
Posted on Thursday March 05, 2026NYSE owner invests in crypto exchange OKX at $25bn valuation
Deal is latest sign of growing ties between Wall Street and digital assets industry
Posted on Thursday March 05, 2026Revolut applies for US banking licence in push to crack American market
London-based fintech says move influenced by Trump administration’s willingness to permit new players
Posted on Thursday March 05, 2026UK police search journalist’s home in China spy probe
Labour suspends Joani Reid, the MP whose husband David Taylor has been arrested in the counterterrorism probe
Posted on Thursday March 05, 2026Iran crisis shines spotlight on ‘threadbare’ Royal Navy
Delay in deploying HMS Dragon to Cyprus has triggered criticism of UK’s defence capability
Posted on Thursday March 05, 2026Trump fires controversial homeland security secretary Noem
DHS leader was seen as responsible for the administration’s heavy-handed immigration crackdown
Posted on Thursday March 05, 2026US oil hits highest price since 2024 as Middle East war escalates
Azerbaijan says it was struck by Iranian drone on sixth day of conflict
Posted on Thursday March 05, 2026Trump fires controversial homeland security secretary Noem
DHS leader was seen as responsible for the administration’s heavy-handed immigration crackdown
Posted on Thursday March 05, 2026