Vietnam’s state oil company urged the US to let a supertanker pass through an American naval blockade outside the Persian Gulf, saying the shipment is critical to the Asian country’s economy. The very large crude carrier Agios Fanourios I, managed by Athens-based Eastern Mediterranean Maritime, performed a mid-ocean U-turn on Monday at around the point where the US blockade begins. It had only jus...
Vietnam’s state oil company urged the US to let a supertanker pass through an American naval blockade outside the Persian Gulf, saying the shipment is critical to the Asian country’s economy. The very large crude carrier Agios Fanourios I, managed by Athens-based Eastern Mediterranean Maritime, performed a mid-ocean U-turn on Monday at around the point where the US blockade begins. It had only just cleared the Strait of Hormuz, holding 1.99 million barrels of Iraq’s Basrah Medium crude, when it...
U.S. President Donald Trump boards Air Force One before departing for China at Joint Base Andrews in Maryland on May 12, 2026, local time . Photo: IC Photo U.S. President Donald Trump departed for Beijing on Tuesday afternoon, embarking on his first state visit to China in his second term to tackle a fraught agenda spanning trade imbalances, artificial intelligence and the spiraling war in Iran. A...
U.S. President Donald Trump boards Air Force One before departing for China at Joint Base Andrews in Maryland on May 12, 2026, local time . Photo: IC Photo U.S. President Donald Trump departed for Beijing on Tuesday afternoon, embarking on his first state visit to China in his second term to tackle a fraught agenda spanning trade imbalances, artificial intelligence and the spiraling war in Iran. At the invitation of Chinese President Xi Jinping, Trump departed from Joint Base Andrews near Washington, D.C., expressing deep enthusiasm for the trip and predicting “a lot of good things” will happen between the two superpowers.
Hong Kong authorities have finally begun laying out details on how they plan to regulate ride-hailing platforms such as Uber, Tada and Didi Chuxing, months after lawmakers passed the city’s first legal framework for the sector in October. Officials have provided more information on enforcement powers, penalties and licensing arrangements, although the key issue of how many ride-hailing vehicles wi...
Hong Kong authorities have finally begun laying out details on how they plan to regulate ride-hailing platforms such as Uber, Tada and Didi Chuxing, months after lawmakers passed the city’s first legal framework for the sector in October. Officials have provided more information on enforcement powers, penalties and licensing arrangements, although the key issue of how many ride-hailing vehicles will ultimately be allowed on the road has yet to be resolved. The South China Morning Post tackles...
Joanna Shen of JPMorgan Asset Management says the firm believes we are "in the early adoption AI phase." She tells Bloomberg Television that AI agents are "the first technology in decades that can supercharge the labor inputs." (Source: Bloomberg)
Joanna Shen of JPMorgan Asset Management says the firm believes we are "in the early adoption AI phase." She tells Bloomberg Television that AI agents are "the first technology in decades that can supercharge the labor inputs." (Source: Bloomberg)
Earnings Call Insights: Parks! America, Inc. (PRKA) Q2 fiscal 2026 Management view “The results that you see are for a quarter that ended in March” and, according to CEO Geoffrey Gannon, “all of the positive results that you see there in terms of increases in sales year-over-year were really achieved in January and February and essentially none of them were achieved in March.” Gannon attributed th...
Earnings Call Insights: Parks! America, Inc. (PRKA) Q2 fiscal 2026 Management view “The results that you see are for a quarter that ended in March” and, according to CEO Geoffrey Gannon, “all of the positive results that you see there in terms of increases in sales year-over-year were really achieved in January and February and essentially none of them were achieved in March.” Gannon attributed the March shift to consumer pressure following “the start of the Iran war,” saying, “I would say now there’s a significant macro headwind, and that started in March,” and adding that “the increase that we’ve seen in gas prices… cuts into discretionary spending for the kind of households that come to us.” On marketing organization, Gannon said, “Marketing is centralized at the company now,” and described a plan to add “part-time positions” at “2 of the 3 parks” with titles “like social media coordinator,” with hiring expected to start “in about 2 weeks” and be filled “mid- to late June.” On capital allocation priorities, Gannon said, “We don’t have any plans to reduce debt,” and added, “You shouldn’t expect that at any point in the future that we would accelerate debt repayment faster than that’s contractually required.” On reinvestment, Gannon pointed to digital signage: “We do currently have in the planning stage investment in digital signage,” and said it “could be as high as $0.5 million, like $500,000 across all 3 Parks!.” No CFO prepared remarks or CFO Q&A responses were included in this transcript; Gannon referenced “our CFO, Becky,” but she did not speak on the call. Outlook Management did not provide revenue, EPS, or formal financial guidance figures in the transcript; discussion focused on demand conditions, cost trends, and investment priorities. Gannon framed near-term demand as uncertain after March: “I don’t know how long that change will persist for,” referring to the macro shift he tied to gas prices and consumer confidence. On cost outlook, Gannon said wage in...
Over the last six months, Microsoft’s shares have sunk to $420.75, producing a disappointing 16.8% loss - a stark contrast to the S&P 500’s 7.7% gain. This may have investors wondering how to approach the situation.
Over the last six months, Microsoft’s shares have sunk to $420.75, producing a disappointing 16.8% loss - a stark contrast to the S&P 500’s 7.7% gain. This may have investors wondering how to approach the situation.
Families turn to dirty fuels such as firewood, bringing fears over air pollution and fragility of energy transition In the ramshackle lanes of a south Delhi slum, Afshana Khatoon crouched wearily on her haunches and began lighting a small pile of firewood. She had only just returned from six hours spent trudging through the urban forests and dry parks of India’s capital looking for kindling to tur...
Families turn to dirty fuels such as firewood, bringing fears over air pollution and fragility of energy transition In the ramshackle lanes of a south Delhi slum, Afshana Khatoon crouched wearily on her haunches and began lighting a small pile of firewood. She had only just returned from six hours spent trudging through the urban forests and dry parks of India’s capital looking for kindling to turn into a makeshift stove. As the unforgiving summer heat soared above 40C, she had walked for miles, piling the sticks and fallen branches into a bundle on her head while sweat ran down her face. Continue reading...
Japan’s Prime Minister Sanae Takaichi appears to have sidestepped a potentially embarrassing political landmine by publicly backing a close aide accused in media reports of running a smear campaign against her rivals, while stopping short of flatly denying his possible role. The allegations, first reported in weekly tabloid news magazine Shukan Bunshun, claim that members of her own camp produced ...
Japan’s Prime Minister Sanae Takaichi appears to have sidestepped a potentially embarrassing political landmine by publicly backing a close aide accused in media reports of running a smear campaign against her rivals, while stopping short of flatly denying his possible role. The allegations, first reported in weekly tabloid news magazine Shukan Bunshun, claim that members of her own camp produced videos critical of rival candidates during last year’s Liberal Democratic Party leadership race,...
Over the last year, Sweetgreen's (NYSE: SG) results have gone from troubling to catastrophic. The stock was riding high in late 2024 after posting strong growth, but in the last year or so, the fast casual salad chain's business has collapsed, and the stock has tumbled. It's now down 85% from its peak a year and a half ago. The first-quarter results show how bad things have gotten for Sweetgreen. ...
Over the last year, Sweetgreen's (NYSE: SG) results have gone from troubling to catastrophic. The stock was riding high in late 2024 after posting strong growth, but in the last year or so, the fast casual salad chain's business has collapsed, and the stock has tumbled. It's now down 85% from its peak a year and a half ago. The first-quarter results show how bad things have gotten for Sweetgreen. Comparable sales plunged 12.8% even as the company was lapping a quarter in which the LA wildfires hurt sales in its Southern California stores. Continue reading
Russia Think Tank Tells Chinese Media That U.S. Endgame In Iran Is To "Achieve Market Monopoly" In Logistics, Energy Russian military blogger Mikhail Zvinchuk, the operator behind the Rybar Telegram channel, recently surfaced in an interview with the Chinese outlet Guancha, offering a non-Western assessment of the ten-week U.S.-Iran war. The interview is notable given that Washington has targeted ...
Russia Think Tank Tells Chinese Media That U.S. Endgame In Iran Is To "Achieve Market Monopoly" In Logistics, Energy Russian military blogger Mikhail Zvinchuk, the operator behind the Rybar Telegram channel, recently surfaced in an interview with the Chinese outlet Guancha, offering a non-Western assessment of the ten-week U.S.-Iran war. The interview is notable given that Washington has targeted the private Russian think tank, with the State Department's Rewards for Justice program offering up to $10 million for information related to Rybar-linked foreign election interference operations. The main topic of the hour-long conversation between Zvinchuk and the host representing Guancha was the Iranian conflict. " The main goal of Trump is to shake up the market . Because if you monitor all logistics companies, oil companies, and LNG companies, you will find that big players have started to consume mid-tier and small players." He continued, "For example, Maersk, one of the biggest logistics companies in the world, can wait for just one or two months and suffer financial losses. But some smaller companies from Greece simply can't withstand such pressure ." Zvinchuk noted, " And it helps this conflict monopolize the market. So Iran is just a mere tool to achieve market monopolization . Because you know quite well that Trump's policy relies on profit. He is a businessman or merchant , so he acts in his and his team's financial interests. And if you place your financial interest above political reputation and above your nation, then your actions have to have economic roots." In other words, Zvinchuk is claiming that the US-Iranian conflict is not just about Iran or the nuclear threat, but about forcing a market shakeout in the energy and logistics space. The war has clearly disrupted shipping, snarled global supply chains, and already begun to rewire energy flows. The market shakeout Zvinchuk refers to, especially in the energy sector, has affected Gulf countries such as Q...
智通财经获悉，美国LNG生产与出口商Venture Global Inc(VG.US)股价截至周二美股收盘实现大幅上涨超14%，此前这家位于美国的液化 天然气 (LNG)出口商宣布了两项新的供应协议，并公布了路易斯安那州出口项目的扩张计划。随着AI驱动的全球股市牛市短线层面可能从“盈利上修行情”进入“动量交易过热驱动的回调阶段”，当前越来越多交易员倾向于押注“NACHO”(霍尔木兹海峡长期封锁不可...
智通财经获悉，美国LNG生产与出口商Venture Global Inc(VG.US)股价截至周二美股收盘实现大幅上涨超14%，此前这家位于美国的液化 天然气 (LNG)出口商宣布了两项新的供应协议，并公布了路易斯安那州出口项目的扩张计划。随着AI驱动的全球股市牛市短线层面可能从“盈利上修行情”进入“动量交易过热驱动的回调阶段”，当前越来越多交易员倾向于押注“NACHO”(霍尔木兹海峡长期封锁不可避免，Not A Chance Hormuz Opens)这一交易主题，而Venture Global 则有望成为该交易主题之下的赢家势力。 根据一份最新的内部声明，这家总部位于弗吉尼亚的能源公司与法国传统能源巨头道达尔能源公司(TotalEnergies SE)及全球最大规模 大宗商品 贸易商之一的Vitol Group签署了为期五年的合同。 该公司同时在美东时间周二还发布了其2026年第一季度财报，并大幅上调了全年业绩指引，凸显出随着中东地缘政治冲突短期难以彻底终止，霍尔木兹持续被封锁导致的能源供给缩紧背景之下，全球LNG(液化天然气)投资主题则正在从“周期品交易”转向“地缘安全溢价+供应韧性溢价+扩产能力溢价”的新范式，市场对于LNG产业链的交易逻辑已不是短期情绪，而是地缘政治安全、供应链脆弱性与供需不平衡之下的承诺被重新定价。 Venture Global首席执行官 Mike Sabel在与分析师们的财报业绩 电话 会议上表示：“我们有望在2027年底成为北美最大规模的LNG生产商，并预计到2030年实现年产量超过1亿吨。” Venture Global股价一度大幅上涨超过16%，随后回吐部分涨幅，最终收涨至14.2%。 Sabel补充道：“我们在长期、中期和短期合同方面都非常活跃，并预计将在这三个方面继续取得积极扩张进展。” 自伊朗战争爆发以来，该公司是唯一在不断签署新的LNG供应协议的美国大型LNG出口商，而伊朗战争导致中东地区LNG产量以及LNG出货规模严重受限。伊朗战争背景下，包括卡塔尔在内的中东主要 LNG 设施受损使全球供给减少，使亚洲主要进口国(如日本和韩国)出现能源替代需求加强的现象。 Venture Global在美国路易斯安那州运营两座大型LNG工厂，目前正在建设第三座CP2 LNG工厂。公司计划将CP2项目的产量提高1000万吨/年，比原计划高...