In Charts: US Does Not Rely On Strait Of Hormuz Oil While Asia Stands To Lose

Celsius Shares Crash As Revenue Misses Estimates Celsius Holdings, the Florida-based beverage company with a portfolio of some of America's top-performing energy drinks, reported weaker-than-expected second-quarter results, as revenue, adjusted earnings, and profitability missed Wall Street estimates. Second-quarter adjusted earnings fell to 36 cents per share from 47 cents a year earlier, below the 41-cent Bloomberg Consensus estimate. Revenue increased 11% to $817.9 million but missed the $872.6 million estimate, with North American sales of $790.7 million also falling short. Profitability deteriorated despite sales growth. Gross margin narrowed to 48.1% from...

What's Really Going On? UK Government Announces Mass Stockpile Order, Wargames Authored by Steve Watson via Modernity.news, The British government is preparing to tell ordinary people a blunt message: the state is not coming to save you. Households will be urged to stockpile long-life food, bottled water, essential medicines and even wind-up radios as part of a new national resilience campaign launching later this year. At the same time, ministers have confirmed Operation Albiston Shadow - the largest home defence wargame exercise in decades - will take place in 2027, testing responses...

Canada Taunts Beijing With Frigate's Taiwan Strait Transit Despite Carney's China Reset Just days before a high-stakes meeting of Canadian officials with Chinese Foreign Minister Wang Yi in Ottawa, a Canadian frigate defied Beijing’s explicit warnings and sailed directly through the Taiwan Strait.   The Halifax-class frigate HMCS Charlottetown pulled off the transit in a rare solo run, without American or other accompanying vessels, bypassing the usual joint patrols with allied nations. via Royal Canadian Navy According to a delayed statement from Canada's Department of National Defense spokesperson Andrée-Anne Poulin: "On May 22,...