First LNG Tanker Crosses Hormuz After Deal Announcement As Most Ship Managers Remain Cautious

US B-2 Bombers Belatedly Authorized To Use British Bases To Hit Deep Inside Iran In the modern era Britain has always been America's junior partner when it comes to launching Middle East wars, and so in the opening days of Trump's Operation Epic Fury targeting Iran, there was anger in Washington as the Starmer government appeared to waffle and was fence sitting. However by Monday and Tuesday, the United Kingdom is as expected now aligning directly with Washington, having belatedly authorized the use of British military bases to support American operations targeting...

Yen Surges As Jittery Traders Expect Imminent Intervention After Japan Reveals New Strategy To Wipe Out Shorts After plunging to a fresh 40 year low overnight, the yen strengthened sharply against the dollar amid rising speculation that the currency’s continued weakness may prompt a fresh round of intervention by Japan. The yen then surged again after the June US jobs report showed a much weaker picture than expected. But let's focus on the first, more unexplained move, which took place just after 2:30am ET, when the Yen rose as much...

Clorox CEO Steps Down For "Health Reasons" After Six-Year Stock Rout Clorox shares tumbled on Friday after Chair and CEO Linda Rendle said she will step down for "health reasons," prompting the board to begin a search for her replacement. "Rendle will also serve in an advisory role for a period following the appointment to drive business performance and a smooth leadership transition," Clorox wrote in a press release. Rendle wrote in a statement, "Serving as CEO of Clorox for the past six years—and being part of this special company for more...