Business -

Wars are now hitting more than 43% of the world’s oil supply

TazaPulseAugust 25, 2026

Wars are now hitting more than 43% of the world’s oil supply More than 43% of the world’s oil now comes from countries caught in wars, attacks and export curbs. Countries hit by the disruptions produced about 45 million barrels of oil a day in 2025, according to Reuters calculations based on IEA data.The figure,...

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Dick’s Sporting Goods (DKS) earnings Q2 2026

TazaPulseAugust 25, 2026

A Dick’s Sporting Goods retail store is seen on May 15, 2025 in Austin, Texas. Brandon Bell | Getty Images Dick’s Sporting Goods on Tuesday reported quarterly revenue that missed Wall Street expectations and lowered its outlook for Foot Locker amid what it called a “challenging athletic footwear and apparel marketplace.” The company said Dick’s...

Sugar prices cool 18% after hitting record high, ex-mill rates fall to Rs 55 per kg

TazaPulseAugust 25, 2026

Sugar prices cool 18% after hitting record high Sugar prices are cooling down after hitting a record Rs 67 per kg last week, with ex-mill rates now falling 18% to Rs 55 per kg.Food secretary Sanjeev Chopra attributed the drop to the government’s recent decision of allowing sugar imports and action against hoarding and speculation....

H-1B Visa Fee: ‘Hire and train Americans’: JD Vance defends proposed six-figure H-1B fee

TazaPulseAugust 25, 2026

File photo: Vice President JD Vance (Picture credit: AP) US Vice President JD Vance has backed the Trump administration’s proposal to impose a new $103,265 fee on most new H-1B visa petitions, saying American companies should prioritise hiring and training US workers.Vance shared a US media report on the proposal on X and wrote, “If...

Why Trump may have to target China to make its Iran ‘economic D-Day’ work

TazaPulseAugust 25, 2026

Part of the concern is that blacklisting Chinese companies could trigger another economic confrontation between Washington and Beijing. (Reuters file photo) The Donald Trump administration’s road to economically choke Iran will have to go through China – if it wants to cripple the Middle East country. However, with a fragile trade peace in place between...

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Lego reports first-half 2026 record revenue

TazaPulseAugust 25, 2026

A customer reaches for a box from the Lego Dots range at a Lego store in London, March 7, 2022. Bloomberg | Getty Images Lego revenue is on a tear. The brickmaker posted a 21% revenue bump for the first half of the year, boosted once again by its now-stalwart lines like botanical bouquets, Formula...

Bitcoin crosses $80,000 for first time since mid-May driven by weaker dollar, gains 28% in August

TazaPulseAugust 25, 2026

Bitcoin hit $81,237.94, its highest level since mid-May, during Asian trading on Tuesday. Bitcoin crossed $80,000 for the first time since mid-May on Tuesday, extending its recent rally as a weaker US dollar and expectations of a more supportive policy environment boosted demand for cryptocurrencies.The world’s largest cryptocurrency climbed as high as $81,237.94 in Asian...

Rupee slips to 95.74 against US dollar as crude prices, importer demand weigh

TazaPulseAugust 25, 2026

Rupee slips to 95.74 against US dollar Rupee remained largely range-bound on Tuesday, but weakened 4 paise to 95.74 against the US dollar in early trade, as higher crude prices and dollar demand from importers put pressure on the currency.The currency opened at 95.74 at the interbank foreign exchange market, compared with Monday’s close of...

Oil price today: Brent crude stays above $90 as Middle East standoff intensifies

TazaPulseAugust 25, 2026

Oil prices continue to soar Oil prices remained steady on Tuesday after sliding more than 2% the previous day, with investors weighing the potential impact of tougher US sanctions on Iran against ongoing risks to oil supplies.Brent crude gained 0.09% to $92.25 a barrel while WTI crude was 0.35% up to $85.31 a barrel.The two...