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Energy
How Saudi Arabia is diversifying away from oil — and betting big on AI
President and CEO of Saudi's Aramco, Amin H. Nasser, speaks during the Future Investment Initiative (FII) in Riyadh, Saudi Arabia October 29, 2024. Hamad I Mohammed | ReutersThink of Saudi Arabia and the first thing that comes to mind…
Trump White House ballroom financed by Big Tech and these other corporate
U.S. President Donald Trump speaks holding a photos of the new ballroom during a meeting with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC on October 22, 2025. Salwan Georges | The Washington…
Google and Anthropic announce cloud deal worth tens of billions
Anthropic and Google officially announced their cloud partnership Thursday, a deal that gives the artificial intelligence company access to up to one million of Google's custom-designed Tensor Processing Units, or TPUs.The deal, which is…
What a cut in Reliance’s Russian crude purchases would mean for India
The Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India, on Saturday, July 31, 2021.Bloomberg | Bloomberg | Getty ImagesIndia's largest private oil refiner Reliance Industries is reportedly halting purchases of Russian…
Trump admin sanctions Russian oil companies, presses for Ukraine ceasefire
Oil prices jumped more than 5% on Thursday after the Trump administration imposed further sanctions on Russia's two largest crude companies, citing Moscow's "lack of serious commitment to a peace process to end the war in Ukraine."Global…
Gold and related stocks are falling for a second day
Gold and silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, October 13, 2025. Louisa Off | ReutersGold prices fell for a second day on Wednesday, as investors took profits after a…
Cleveland-Cliffs shares jump more than 20% as steelmaker looks into rare
Signage outside the Cleveland-Cliffs Inc. Cleveland Works steel mill in Cleveland, Ohio, US, on Wednesday, Aug. 17, 2022.Luke Sharrett | Bloomberg | Getty ImagesCleveland-Cliffs is looking into building a rare earths mining business, CEO…
Anthropic tries to keep pace with OpenAI, faces off with David Sacks
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025.Stefan Wermuth | Bloomberg | Getty ImagesArtificial intelligence startup Anthropic is doing all it can to keep pace with larger rival…
Major U.S. banks enjoy great quarter — assuaging trade fears
U.S. Treasury Secretary Scott Bessent adjusts his glasses during a meeting with U.S. President Donald Trump and President of Argentina Javier Milei in the Cabinet Room at the White House on Oct. 14, 2025 in Washington, DC.Kevin Dietsch |…
Utilities are grappling with how much AI data center power demand is real
Electricity companies across the U.S. are struggling to figure out how much demand will actually materialize from the artificial intelligence boom, as the stock market speculates that vast sums of money will be spent on infrastructure to…