From scrap yards to self-storage, these unglamorous businesses have minted more millionaires than most people realize — here is how each one actually makes money

The International Monetary Fund (IMF) has downgraded its 2026 global economic growth forecast to 3%, down from 3.5%

Global nuclear capacity is set to jump 44% by 2036 as China overtakes the US, and India pours billions into new reactors, BloombergNEF finds.

Russia has officially banned all diesel exports in a bid to secure its domestic fuel market following highly destructive Ukrainian drone strikes on its energy infrastructure

Canada is fast-tracking a new West Coast oil pipeline from Alberta to British Columbia as a public-private partnership, aiming to boost crude exports to Asia via a southern route that avoids major Indigenous and regulatory obstacles.

Sector veteran Dr. Douglas Williams discusses the impact of recent political upheaval in America with Matthew Partridge, and the prospect of major new treatments

The semiconductor maker is sitting pretty as the AI boom has created a shortage of the chips it specialises in. Matthew Partridge reports

Japanese yen to US dollar

The “Magnificent Seven” is starting to look mediocre. The group, which is made up of Nvidia, Alphabet, Apple, Microsoft, Amazon, Tesla and Meta, has been in the vanguard of the AI boom. Between the beginning of 2023 and the start of this year, the seven US technology mega-caps added $15trn in value between them and grew to account for a third of the entire S&P 500 by market capitalisation, say Emily Herbert and Tim Bradshaw in the Financial Times. Yet over the past month they have collectively

New tools will lower costs and improve research, while demand is unlikely to be harmed

The arguments against the mass adoption of air conditioning in this country and Europe generally once made some sense. Times have changed, says Simon Wilson

Investors take fright as the country’s sunshine-driven energy glut cuts bills dramatically

The IMF now sees headline inflation climbing to 4.7% this year, up from 4.1% in 2025. AI investment has cushioned the blow of the conflict

The 2026 Statistical Review shows renewables growing fast, but fossil fuels and emissions rose again in 2025, led by North America.

Abu Dhabi is integrating energy, AI, and maritime logistics into a single long-term national strategy, aiming to create a self-reinforcing ecosystem rather than developing each sector independently.

After five months of war, tanker disruptions, and Iranian threats to commercial shipping, Gulf producers are treating the Strait as a liability to be reduced.

Germany's Economy Ministry plans a state-owned emergency gas reserve worth up to $1.7 billion as storage refills lag behind schedule.

The U.S. power grid was built for a 20th-century economy and cannot deliver what the AI boom requires. A handful of companies that secured power capacity outside the American grid are about to look very different from the way they do today.

The U.S. revoked Iran's oil sanctions waiver after Hormuz tanker attacks, leaving 63 million barrels of Iranian crude stranded at sea.

Oil prices surged over 7% to a two-week high on Wednesday after U.S. President Donald Trump declared that the interim ceasefire agreement with Iran is officially over

In a Tuesday note, Bank of America warned that "speculation is hitting extreme levels," and that a "snapback" could be happening soon.

These AI stocks can turn some investors into millionaires.

The country has now racked up trade surpluses three months running as exports have rebounded following a weak start to the year

The United States revoked on Tuesday a general license that authorized the sale of Iranian oil, as a ​U.S. official warned that Iran's actions in the Strait of Hormuz were "wholly unacceptable" and ‌would be met with consequences after attacks on tankers in the strategic waterway.