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6 articles

German Battery Maker Varta Files Insolvency Applications

Varta has filed for insolvency after shareholders declined further funding, potentially leading to a breakup where creditors take over household batteries while losing its key Apple contract to Chines

reuters · 2026-07-24 04:24

Markets remain long TACO

Oil prices stabilized near $78/bbl despite U.S.-Iran tensions, while Russia banned diesel exports amid refinery attacks. The Fed highlighted inflation risks and potential rate hikes, alongside a rally

reuters · 2026-07-09 03:41

When the Chips Are Down and Up and Down

Global tech stocks and energy markets faced volatility as oil prices fell on Iran deal hopes and Apple raised device prices due to rising memory chip costs. Meanwhile, UK political shifts and US infla

reuters · 2026-06-26 03:38

Apple Turnover

Apple raised prices on iPads and MacBooks citing memory chip costs, dropping its stock 6%. Oil markets fluctuated due to a Strait of Hormuz vessel strike, while OpenAI may delay its IPO.

reuters · 2026-06-26 03:18