Shein CEO’s wealth slumps $15 billion after whittled-down IPO
Shein is set to go public in Hong Kong on Tuesday at just over a quarter of the $100 billion it was worth in 2022.
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Battle for Hormuz: U.S. forces take first military action against Iran in a month, striking rocket launchers being used to deploy sea mines
The U.S. military last week completed clearing sea mines from the strait’s international shipping routes.
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Iran’s president admits ‘we have many problems’ and missiles ‘are of no use’ as the U.S. chokes its economy while weakening Tehran’s grip on Hormuz
“People are on the edge now; if I put more pressure on them, they might fall off the edge. We have to be careful that no one falls off.”
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Brexiters’ effort to resettle Chagos Islands hit by lack of proper boat
Nigel Farage-backed expedition is part of attempts to block UK’s contentious deal giving sovereignty over the archipelago to Mauritius
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US and Iran exchange fire for the first time in more than a month
Oil prices rise after American military hits an island in the Strait of Hormuz and Tehran retaliates in Jordan
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Big Tech profits get $160bn boost from gains on stakes in other AI companies
Analysts say large paper windfalls on investments in OpenAI, Anthropic and SpaceX have muddied the tech sector’s earnings metrics
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Americans feel they have lost their agency
People increasingly blame large corporations for the sense that they have ever less control over their own lives
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Alejandro Betancourt: the man who would be Trump’s ‘viceroy’ in Venezuela
The US has turned to a wily and divisive insider to help it develop the country’s oil reserves