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MANILA, Philippines (AP) — Asian are mostly higher after most stocks on Wall Street fell following a disappointing report that said inflation was worse last month at the U.S. wholesale level than economists had expected. U.S. futures rose while oil prices slipped. China reported data showing its economy was feeling pressure from higher U.S. tariffs in July, while property investments fell further. Retail sales rose 3.7% year-on-year, down from 4.8% in June, while investments in factory equipment and other fixed assets rose a meager 1.6%, compared with 2.8% growth in January-June. Uncertainty over tariffs on exports to the United States…

Gabon is laying the groundwork for a new phase of growth, with recent upstream momentum being fueled by the Bourdon discovery in the offshore Dussafu License in March 2025, alongside production increases led by Perenco, BW Energy and VAALCO Energy. The government aims to boost national output to 200,000 bpd, unlocking additional value from both mature fields and frontier acreage.  A central focus is Gabon’s underexplored deepwater acreage, which remains largely untapped despite significant geological potential. The Ministry of Petroleum has launched a concerted push to attract new entrants, particularly independent and mid-cap operators, through flexible PSC terms,…

BANGKOK (AP) — China’s economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday. Uncertainty over tariffs on exports to the United States is still looming over the world’s second-largest economy after President Donald Trump extended a pause in sharp hikes in import duties for 90 days, beginning Monday, following a 90-day pause that began in May. As officials worked toward a broader trade agreement, China reported earlier that its exports surged 7.2% in July year-on-year, while its imports grew at the fastest pace in a…

U.S. President Donald Trump has, over the past couple of weeks, renewed efforts to broker a peace deal between Russia and Ukraine, going as far as proposing the swapping of territories between the two countries. Unlike the situation during the first meeting between Trump and Russia’s President Vladimir Putin earlier in the year, Trump has adopted a far less conciliatory tone ahead of their second meeting in Alaska on August 15th, warning that Russia will face “very severe consequences” unless Putin agrees to end the war in Ukraine. However, the White House says it expects the Anchorage summit to be…

2025-08-14T23:26:16Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Jeff Bezos said his mother, Jacklyn Gise Bezos, died at age 78 on Thursday. In an online tribute, Bezos said his mother “always gave so much more than she ever asked for.” Jacklyn Bezos had Jeff Bezos when she was 17 and was an early investor in Amazon. Jacklyn…

Tenaris has reached a new technical milestone in offshore Brazil with the successful deployment of corrosion-resistant alloy (CRA) tubulars with its renowned Dopeless® technology in two wells located in the Búzios and Jubarte fields.  Pictured: Tenaris’ Dopeless technology on CRA Both operations included the installation of more than 400 pipes per well, featuring Superduplex 25Cr steel grade tubulars with TenarisHydril Blue® connections and Dopeless technology, a multifunctional coating applied at the mill that reduces handling and preparation during storage and running. This enhances safety and efficiency in offshore environments while minimizing the environmental impact of operations. CRA materials…

The continuation of emergency protocols ensures work can continue to address Puerto Rico’s long-standing grid reliability issues.WASHINGTON—The Department of Energy (DOE) today announced the extension of the emergency orders that are strengthening Puerto Rico’s electric grid. The orders, issued in May, have empowered Puerto Rico’s government to conduct commonsense fixes to restore the fragile grid and put Puerto Rico on track for sustained energy resilience. Extending the orders will ensure this critical work can continue throughout the peak summer demand season. “A reliable and secure power grid is essential for modern life, and the residents of Puerto Rico deserve solutions now. Thanks to…

Tenaris has reached a new technical milestone in offshore Brazil with the successful deployment of corrosion-resistant alloy (CRA) tubulars with its renowned Dopeless® technology in two wells located in the Búzios and Jubarte fields.  Pictured: Tenaris’ Dopeless technology on CRA Both operations included the installation of more than 400 pipes per well, featuring Superduplex 25Cr steel grade tubulars with TenarisHydril Blue® connections and Dopeless technology, a multifunctional coating applied at the mill that reduces handling and preparation during storage and running. This enhances safety and efficiency in offshore environments while minimizing the environmental impact of operations. CRA materials…

Sam Altman turned OpenAI into a cultural phenomenon with ChatGPT.Now, three years later, he’s chasing where the real money is: Enterprise.Last week’s rollout of GPT-5, OpenAI’s newest artificial intelligence model, was rocky. Critics bashed its less-intuitive feel, ultimately leading the company to restore its legacy GPT-4 to paying chatbot customers.But GPT-5 isn’t about the consumer. It’s OpenAI’s effort to crack the enterprise market, where rival Anthropic has enjoyed a head start.One week in, and startups like Cursor, Vercel, and Factory say they’ve already made GPT-5 the default model in certain key products and tools, touting its faster setup, better results…

In recent years, many brands have cut down on the number of smaller screen sizes in their flagship TV lineups. This is especially true if you’re shopping for a 40-, 42-, or 43-inch TV. But while there aren’t as many options as there used to be, you can still find some great models if you know what to look for. With that in mind, I’ve used my expertise to select the best 43-inch TVs available.My picks are informed by more than a decade of experience reviewing home entertainment products, and I’ve included models for different needs. At this screen size…