Saudi Arabia Pushes Asia Prices Lower as Oil Supply Keeps Outrunning Demand

2 minutes of reading
Saudi Arabia Pushes Asia Prices Lower as Oil Supply Keeps Outrunning Demand

Saudi Arabia has shaved the price of its flagship Arab Light crude for Asian buyers yet again, marking a fourth consecutive monthly cut and taking March prices to levels not seen in more than five years. The adjustment comes as the global oil market grapples with an uncomfortable imbalance: supply is rising faster than consumption. …

Saudi Arabia Pushes Asia Prices Lower as Oil Supply Keeps Outrunning Demand Read More »

Dubai’s Streets Enter the Autonomous Era as Driverless Taxis Go Live

3 minutes of reading
Dubai’s Streets Enter the Autonomous Era as Driverless Taxis Go Live

Dubai has switched on the engines of its driverless future. The Roads and Transport Authority has officially begun operations of fully autonomous taxis, marking a decisive leap toward public, everyday use of self-driving transport across the emirate. The service is scheduled to open to passengers in the first quarter of 2026, operating on roads already …

Dubai’s Streets Enter the Autonomous Era as Driverless Taxis Go Live Read More »

Saudi Banks Tiptoe Into Vision 2030’s Mega Build—For Now

3 minutes of reading
Saudi Banks Tiptoe Into Vision 2030’s Mega Build—For Now

Saudi lenders are still keeping a cautious distance from the kingdom’s headline-grabbing giga projects, but that buffer is thinning as construction inches closer to real-world operations, according to Fitch Ratings. For now, the numbers remain manageable. Bank exposure to Vision 2030’s flagship developments is relatively light, meaning delays or scale-backs are unlikely to trigger a …

Saudi Banks Tiptoe Into Vision 2030’s Mega Build—For Now Read More »

When Red Tape Gets Measured: A New Index Puts Government Services Under the Microscope

2 minutes of reading
When Red Tape Gets Measured: A New Index Puts Government Services Under the Microscope

A new global yardstick for bureaucracy made its debut at the World Governments Summit, aiming to answer a simple but elusive question: how does dealing with the government actually feel for people and businesses? Unveiled in Abu Dhabi, the Global Bureaucracy Perception Index (GBPI) steps away from theory and rankings built on policy intent. Instead, …

When Red Tape Gets Measured: A New Index Puts Government Services Under the Microscope Read More »

Poker, Paperwork and a Truce in Court: Why Jeffrey Toobin Won’t Take the Stand

2 minutes of reading
Poker, Paperwork and a Truce in Court: Why Jeffrey Toobin Won’t Take the Stand

Inside a federal courtroom in Maryland, jurors listening to the tax fraud case against prominent Supreme Court advocate Tom Goldstein heard something unusual this week: the defendant’s own words, filtered through a long-form magazine profile, rather than from the journalist who wrote it. That’s because the trial reached a quiet compromise. Instead of calling legal …

Poker, Paperwork and a Truce in Court: Why Jeffrey Toobin Won’t Take the Stand Read More »

States Push Back as Opioids Whistleblower Eyes a Slice of Walgreens’ Mega Deal

3 minutes of reading
States Push Back as Opioids Whistleblower Eyes a Slice of Walgreens’ Mega Deal

A sprawling legal fight over the opioid crisis has picked up an unexpected second act: a clash between U.S. states and a whistleblower who says he deserves a share of their multibillion-dollar settlement with Walgreens. At the center is T.J. Novak, a pharmacist whose claims helped trigger a major federal case accusing the pharmacy chain …

States Push Back as Opioids Whistleblower Eyes a Slice of Walgreens’ Mega Deal Read More »

A Price Tag on Trust: Jury Slaps Uber With $8.5 Million Over Rider Assault

3 minutes of reading
A Price Tag on Trust: Jury Slaps Uber With $8.5 Million Over Rider Assault

A federal jury in Arizona has ordered Uber to pay $8.5 million to a woman who said she was sexually assaulted by her driver as a teenager—an outcome that could ripple far beyond a single case and into thousands more waiting in line. The verdict came from a Phoenix courtroom, where jurors concluded that the …

A Price Tag on Trust: Jury Slaps Uber With $8.5 Million Over Rider Assault Read More »

Missouri’s DEI Challenge to Starbucks Hits a Dead End

2 minutes of reading
Missouri’s DEI Challenge to Starbucks Hits a Dead End

A courtroom in Missouri delivered a clean exit for Starbucks this week, tossing out a state-backed lawsuit that accused the coffee giant of disguising discrimination behind its diversity, equity and inclusion commitments. The judge overseeing the case said the argument never cleared its first hurdle: proof. According to the ruling, the state failed to identify …

Missouri’s DEI Challenge to Starbucks Hits a Dead End Read More »

Emails, Pressure, and a Sudden Exit: Paul Weiss Chairman Steps Aside

3 minutes of reading
Emails, Pressure, and a Sudden Exit: Paul Weiss Chairman Steps Aside

Brad Karp’s long reign at one of Wall Street’s most formidable law firms ended abruptly this week, not with a planned handover but with a resignation forced by resurfacing emails and intensifying scrutiny. Paul, Weiss, Rifkind, Wharton & Garrison confirmed late Wednesday that Karp had relinquished his role as chairman after internal and external attention …

Emails, Pressure, and a Sudden Exit: Paul Weiss Chairman Steps Aside Read More »

Merz Turns to the Gulf as Berlin Hunts New Energy and Security Allies

2 minutes of reading
Merz Turns to the Gulf as Berlin Hunts New Energy and Security Allies

German Chancellor Friedrich Merz has set his sights on the Gulf, opening a tour of Saudi Arabia, Qatar and the United Arab Emirates with a clear message: Germany wants broader partnerships and fewer strategic blind spots. The trip is part of Berlin’s push to loosen its reliance on the United States and China by building …

Merz Turns to the Gulf as Berlin Hunts New Energy and Security Allies Read More »

Scroll to Top