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Global oil markets are facing renewed volatility as geopolitical tensions, shipping risks, and supply adjustments collide. Prices are rising sharply, reshaping inflation and market sentiment worldwide.

Netflix has officially withdrawn from the bidding war for Warner Bros. Discovery, choosing financial discipline over a higher-priced acquisition. The decision leaves Paramount as the frontrunner in a deal that could redefine the future of global media and streaming.

New research shows that shrinking Antarctic sea ice is threatening emperor penguins during their annual moult, a critical survival phase that leaves the birds unable to swim or feed.

US authorities have arrested a former Air Force pilot accused of illegally training Chinese military personnel, highlighting growing concerns over defense expertise, export controls, and rising US-China tensions.

Warner Bros. Discovery has acknowledged that Paramount’s enhanced $31-per-share proposal could be superior to Netflix’s existing deal, raising the possibility of a renewed bidding war for one of Hollywood’s most powerful media companies.

Stripe has expressed early interest in acquiring all or parts of PayPal, according to reports. While no deal is imminent, the discussions highlight growing consolidation pressures in global digital payments and fintech infrastructure.

Jane Street faces a lawsuit from Terraform Labs’ administrator, alleging insider trading and front-running that worsened the $40 billion TerraUSD collapse.

Following a Supreme Court defeat that curtailed his tariff authority, President Donald Trump is launching new trade investigations to re-impose import duties through established trade laws.