75 Gulf Energy Assets Damaged In U.S.-Iran War As Supply Shock Intensifies

"Removed Without Warning": Ex-BP Chairman Blasts Abrupt Ouster As Wall Street Gets Spooked The abrupt Tuesday morning firing of BP Chairman Albert Manifold by the board certainly raised eyebrows, given his key role in the company's turnaround effort: unwinding years of underperforming green-energy bets and steering the oil major back toward its oil-and-gas business. The board cited "serious concerns" tied to "important governance standards, oversight, and conduct" as the core reason for Manifold's removal. But the explanation remains vague, leaving Wall Street desks wondering exactly what prompted such a sudden and...

US At 250: Why America Has Been So Successful And Can It Continue To mark the 250 year anniversary of the US Declaration of Independence, Deutsche Bank has published a report looking at how the US emerged as a global superpower, and why it’s likely to remain one despite new challenges. First, DB considers how the US went from being a comparatively small country to the world's pre-eminent global power. These reasons range from the US' natural advantages, like favorable geography, to factors like its institutional stability and risk-tolerant capital markets. DB...

A 17-year-old girl was among at least four Palestinians killed by Israeli strikes in Gaza on Tuesday, as the Israeli military continues its constant violations of the US-backed ceasefire deal. The girl, identified as Rimas al-Madhoun, was killed when an Israeli drone struck tents in a park in Gaza City, Gaza’s civil defense spokesman Mahmoud […]