NEWS

Oil prices rebound as US-Iran clashes reignite Hormuz tensions

Oil prices rebound as US-Iran clashes reignite Hormuz tensions

By Axel Miller | 08 May 2026

Oil prices climbed after renewed US-Iran clashes in the Strait of Hormuz raised supply concerns and added fresh volatility to global energy markets.

Stellantis expands Leapmotor EV partnership with new Spain production plans

Stellantis expands Leapmotor EV partnership with new Spain production plans

By Cygnus | 08 May 2026

Stellantis and Leapmotor are expanding EV manufacturing in Spain, with Zaragoza set to build the Leapmotor B10 and Madrid under consideration for future production.

RBC raises S&P 500 target to 7,900 on AI-driven earnings optimism

RBC raises S&P 500 target to 7,900 on AI-driven earnings optimism

By Axel Miller | 08 May 2026

RBC Capital Markets raised its S&P 500 target to 7,900, citing strong AI infrastructure spending, resilient earnings growth and continued technology sector momentum.

US probes Nvidia chip smuggling via Thailand; Alibaba denies links

US probes Nvidia chip smuggling via Thailand; Alibaba denies links

By Cygnus | 08 May 2026

US authorities are investigating an alleged Nvidia AI chip smuggling network linked to Thailand-based OBON Corp. Alibaba has denied involvement in the reported supply chain.

India’s Agni-6 speculation grows after Bay of Bengal NOTAM alert

India’s Agni-6 speculation grows after Bay of Bengal NOTAM alert

By Axel Miller | 07 May 2026

India has restricted Bay of Bengal airspace until May 9, fueling speculation over a possible Agni-6 missile test. Here’s what is confirmed so far.

Indian sailors recount trauma and debt after Iran conflict evacuation

Indian sailors recount trauma and debt after Iran conflict evacuation

By Cygnus | 07 May 2026

Indian seafarers evacuated from the Gulf describe fear, disrupted voyages, and mounting debt after conflict-related shipping disruptions near the Strait of Hormuz.

BP seeks partners for UK carbon capture hub as Teesside work begins

BP seeks partners for UK carbon capture hub as Teesside work begins

By Axel Miller | 07 May 2026

BP is seeking partners for its UK carbon capture projects after construction began on Net Zero Teesside Power and the Northern Endurance Partnership.

Airtel launches Secure Workforce to tackle AI-era cyber threats

Airtel launches Secure Workforce to tackle AI-era cyber threats

By Cygnus | 07 May 2026

Airtel Business launches Secure Workforce, a managed cybersecurity platform focused on Zero Trust security, Shadow AI monitoring, and DPDP compliance.

US-Iran tensions escalate ahead of Trump’s China summit

US-Iran tensions escalate ahead of Trump’s China summit

By Axel Miller | 07 May 2026

US-Iran tensions around the Strait of Hormuz continue to pressure oil and shipping markets as Beirut strikes and diplomatic uncertainty fuel regional instability.

Upwind targets India’s cloud defence market as AI cyber threats intensify

Upwind targets India’s cloud defence market as AI cyber threats intensify

By Cygnus | 07 May 2026

Upwind Security is expanding in India after a $250 million funding round, focusing on runtime cloud protection, AI-driven cyber threats, and DPDP compliance.

Asia’s chip giants power the AI rally as hardware demand surges

Asia’s chip giants power the AI rally as hardware demand surges

By Axel Miller | 07 May 2026

Asian semiconductor giants TSMC, Samsung, and SK hynix are benefiting from booming AI infrastructure demand as HBM memory and advanced chips power the global AI rally.

China’s electric truck boom accelerates as diesel prices surge

China’s electric truck boom accelerates as diesel prices surge

By Cygnus | 07 May 2026

China’s electric heavy truck market is surging as higher diesel prices accelerate freight electrification and battery-swapping adoption.

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