President Trump said the U.S. will refill the Strategic Petroleum Reserve using Venezuelan oil. The reserve is near a 44-year low at about 290 million barrels as a new Venezuela deal seeks to lift crude supply.
Berkshire Hathaway increased its Alphabet stake by 83% in the second quarter. The article highlights one key number as the main reason behind the purchase.
GlobalTech Corporation plans a 1-for-3 reverse stock split of its common shares, effective August 27, 2026. The move will reduce the number of outstanding shares.
U.S. stock futures pointed higher in early trading as crude oil extended its pullback. The S&P 500 futures were up 0.4% after the previous session closed mostly lower.
The U.S. can pressure Chinese banks through access to its financial system, while Beijing is building alternatives such as CIPS. The move reflects China's effort to reduce reliance on dollar-based channels.
Sun Life Financial and Wilton Re agreed to form a strategic reinsurance and asset management partnership. The arrangement includes creating Windsor Life Re, a U.S. and Bermuda-domiciled affiliated reinsurer.
The article identifies two stocks that could double by 2030. It notes Shopify controls about 12% of global e-commerce spending despite being widely used by big brands.
McKesson agreed to acquire Precision Medicine Group for approximately $2.25 billion. The target provides clinical research and biopharma commercialization services.
Halliburton received an integrated contract from bp for the first appraisal campaign at the Bumerangue field in offshore deepwater Brazil. The award covers services to fast-track appraisal of bp's discovery.