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UNCOVERED: 44 | History Defined

The Gaps in Legal Oversight: Walkers and the Failures at the Heart of the Port Fund Dispute

The Port Fund was an investment vehicle registered in the Cayman Islands. Walkers' Cayman firm was engaged by The Port Fund, which counted among its investors the state-owned Kuwait Ports Authority (KPA) and Public Institution for Social Security (PIFSS).

International Business Times

NextEra to Acquire Dominion In $66.8 Bn All-Stock Deal As AI-Driven Power Demand Reshapes U.S. Utilities

NextEra Energy has agreed to acquire Dominion Energy in an all-stock transaction valued at about $66.8 billion, a deal that would create the world's largest regulated electric utility by market value as electricity demand climbs sharply across the United States.

International Business Times

Moscow Signals Return To Ukraine Peace Talks After Massive Drone Barrage

The Kremlin said Monday that the Ukraine peace process is currently on pause but insisted negotiations are expected to resume.

International Business Times

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China Agrees To Buy Billions Worth Of U.S. Agricultural Products, Trump Admin Says

China will purchase billions worth of U.S. agricultural products through 2028 under an agreement announced by the Trump administration.

International Business Times

China Retail Sales Sink To Weakest Growth Since 2022

Retail sales rose just 0.2% from a year earlier in April, the weakest increase since December 2022, according to data from China's National Bureau of Statistics.

International Business Times

McKinsey Says AI Is Compressing 9-Month Product Cycles Into 2 Weeks. Most Companies Aren't Ready.

At CES, McKinsey showed a version of the future that had nothing to do with investing directly, but everything to do with how to build towards wealth.

International Business Times

The Iran War Has Cost Global Companies At Least $25 Billion, Report Shows

Reuters reported Monday that at least 279 publicly listed companies in the United States, Europe, and Asia have cited the war as a reason for defensive financial moves.

International Business Times

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Vietnam's Nutifood Secures U.S. Patent, Marks Push into American Market

Nutifood is accelerating its U.S. expansion after securing a USPTO patent for its proprietary nutrition formula and launching a premium A2 dairy brand aimed at the growing American wellness market.

International Business Times

Ryanair Has Prepared For An 'Armageddon Situation' As Jet Fuel Prices Remain High

Ryanair's CFO said the company has prepared for an "Armageddon situation" as jet fuel prices remain elevated and the Strait of Hormuz closed.

International Business Times

Meta Set To Begin Thousands Of Layoffs With More Expected Later This Year

Meta is set to begin conducting a round of layoffs potentially impacting 8,000 people, and more are expected later this year, according to a new report.

International Business Times

US Social Security 2027 Cost-of-Living Adjustment Tied To Inflation Trends

Social Security benefits in the United States are expected to reflect ongoing inflation trends used in federal cost-of-living calculations for 2027, with reporting highlighting persistent price pressures across energy, housing and services.

International Business Times

Trump Endorsement Could Hurt Republicans in Local Elections in Swing Districts: Poll

A new poll has found that while President Donald Trump remains the most powerful figure in Republican politics, GOP candidates running in competitive House districts this fall could see their election chances hurt as a result of his endorsement.

International Business Times

Musk v. OpenAI Jury Begins Deliberating; Standing Hurdle Could End Case Before Altman Removal Hearings

A nine-person jury in Oakland began deliberating Monday in the most consequential corporate governance trial in the history of American artificial intelligence, weighing whether OpenAI CEO Sam Altman and president Greg Brockman violated charitable-trust law when they converted a nonprofit AI research lab into an $852 billion public benefit corporation.

International Business Times

U.S. Weighs Secure AI Base In Israel's Desert Amid Rising Tech Rivalry With China

The United States is considering establishing a secure artificial intelligence facility in Israel's Negev Desert as part of discussions aimed at protecting advanced technologies and limiting exposure to Chinese espionage risks.

International Business Times

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International Business Times

Iranian Media Says U.S. Offered Temporary Waiver On Oil Sanctions Against Tehran

Iranian outlet Tasnim reported that the U.S. offered an interim waiver on oil sanctions against the country.

International Business Times

Commercial Oil Inventories Depleting Rapidly With Only a Few Worth Left, IEA Head Says

Commercial oil inventories are being quickly depleted and there are only a few weeks worth left of them, International Energy Agency Fatih Birol warned.

International Business Times

Classified Intelligence About Cuba Acquiring Military Drone Could Become Pretext For U.S. Military Action: Report

A classified intelligence report claims that Cuba acquired hundreds of military drones and could use them to attack U.S. targets.

International Business Times

Trump-Linked Crypto Networks Processed Billions For Iran Exchange During Conflict: Report

Iran's largest cryptocurrency exchange processed billions of dollars through blockchain networks tied to major supporters of the Trump family's crypto venture, according to a new report.

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International Business Times

Iran Has Given Its Response To The U.S. Proposal To End The War, Official Says

Iranian Foreign Ministry spokesperson Esmaeil Baghaei said the country has given its response to the latest U.S. proposal.

International Business Times

Trump Threatens Iran With 'Much Harder' Strikes If No Deal Is Reached Soon

President Donald Trump threatened Iran as negotiations between the countries remain deadlocked, saying Tehran will be hit "much harder" if no significant progress is achieved soon.

International Business Times

Trump's ICE Crackdown Could Get a $72 Billion Boost This Week

President Donald Trump's immigration crackdown is heading into a major Senate test this week as Republicans push a fast-track funding package that would pour nearly $72 billion into immigration enforcement, including tens of billions for ICE and Border Patrol operations through 2029.

International Business Times

Oil Prices Climb As Trump Warns Iran Amid Stalled Diplomacy In 80-Day War

A fresh warning from President Donald Trump and reports of rising tensions around the Strait of Hormuz pushed oil prices higher and weighed on global markets Monday as indirect negotiations between Washington and Tehran continued.

International Business Times

Why Bill Gates's Full Microsoft Exit Shouldn't Have Come as a Surprise — Final $3.2 Billion Sale Ends Era

The Gates Foundation Trust has sold its remaining Microsoft shares, marking a strategic shift as it plans to increase its annual budget and close by 2045.

International Business Times

Berkshire Hathaway's Top 20 Holdings Revealed in 13F Filing — Google Stake Tripled, Apple at $57.8 Billion

Berkshire Hathaway's latest 13F filing reveals a strategic shift with increased investments in Google and Delta Air Lines, while reducing stakes in companies like Visa and Amazon.

International Business Times

Stanley Druckenmiller Dumps Alphabet After Boosting Stake 277% Last Quarter — Here's What He's Buying Now

Stanley Druckenmiller's Duquesne Family Office sold its entire Alphabet stake in Q1 despite impressive returns amid concerns over AI competition and regulatory pressures.

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