In this aerial view, cars line up to refuel before the price rises at a Shell gas station in Wuhan, the capital of the Hubei province in China, June 14, 2022. Getty Images | Getty Images News | Getty Images British energy giant Shell is boosting its oil and gas production to …

The controversial mega merger between the PGA Tour and Saudi Arabia’s LIV Golf is just one step in the kingdom’s ambitious tourism and investment strategy — and its pursuit of big-name sports is just getting started. “We’re sort of a proponent to find ‘all of the above’ strategy in sport,” Saudi Investment …

A JD.com truck receiving incoming goods and preparing shipments at the Northeast China-based Gu’an warehouse and distribution facility in Gu’an, Сhina. XiXinXing | iStock Editorial | Getty Images Check out the companies making headlines in midday trading. Biogen — Shares of the biotech stock dipped 2.8% after Biogen revamped its …

Hong Kong spent more than HK$600 billion ($76.44 billion) on various pandemic relief programs for the past three years, forcing it to run rare budget deficits. Isaac Lawrence | AFP | Getty Images Google and OpenAI, which has partnered with Microsoft, have restricted access to their powerful artificial intelligence chatbots …

Charles Koch, head of Koch Industries. Bo Rader | Wichita Eagle | Tribune News Service | Getty Images The political network financed largely by billionaire Charles Koch is launching a wave of digital ads targeting former President Donald Trump. The ads argue that if Trump becomes the Republican nominee next …

Couple talking to financial advisor at home Fg Trade | E+ | Getty Images Consider when to increase bond duration  While it’s difficult to predict future interest rate cuts, Kyle Newell, a certified financial planner and owner of Newell Wealth Management in Orlando, Florida, said he has started shifting bond allocations.  …

Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle is having a moment. For years, the database software developer lagged behind tech rivals in building cloud technology that met the demands of the …

Boeing 787 Dreamliners are built at the aviation company’s North Charleston, South Carolina, assembly plant on May 30, 2023.  Juliette Michel | AFP | Getty Images Boeing handed over 50 airplanes to customers last month, up from 35 in April, though it trails rival Airbus in deliveries so far this …

Andreessen Horowitz partner Marc Andreessen. Justin Sullivan | Getty Images LONDON — Andreessen Horowitz is opening its first office outside of the U.S. in London, the venture capital firm announced Monday. Andreessen Horowitz, a Silicon Valley venture capital firm that has backed leading tech companies from Airbnb to Coinbase, said …

An animated avatar generated by the AI video platform Synthesia. Synthesia Synthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors — including U.S. chip giant Nvidia, the company told CNBC exclusively. The London-based company raised the cash in a funding …