BOE's Bailey Says Holding Rates Is a 'Sensible Decision' (Video)
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OPEC chief dismisses IEA supply glut forecast as 'critical' Strait of Hormuz reopens
OPEC Secretary General Haitham al-Ghais on Thursday dismissed the International Energy Agency's prediction of a supply glut brewing in oil markets. The International Energy Agency said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year. Its report said supply is expected to surge by 8 million barrels per day while demand rises by 2 million barrels per day in 2027.
The CGT ‘backflip’ is more tweak than transformation. Labor hasn’t changed its mind on housing
Do the concessions undermine the original objective of helping young Australians buy their own home? NoGet our breaking news email, free app or daily news podcastThe noise, negative headlines and internet memes that have surrounded Labor’s capital gains tax changes since their budget night unveiling made a backdown feel like an inevitability. It wasn’t a question of if concessions would be offered but rather when and, most importantly, how much they might undermine the original purpose.
The AI tipping point: where enterprise AI runs at scale
When enterprises first began building AI strategies, the default assumption was straightforward: AI would run in the hyperscaler cloud. The APIs were ready, GPU capacity was building out, and the inertia of a decade of public cloud investment pointed in one direction. Broadcom’s Private Cloud Outlook 2026 report finds that, as enterprises move to scale, the direction has changed.
Stocks Join Bonds Higher as US-Iran Deal Sinks Oil
Jun 18th, 2026 Stocks Join Bonds Higher as US-Iran Deal Sinks Oil Wall Street staged a comeback that saw stocks climbing as tech shares led gains and oil fell. Anastasia Amoroso, Chief Investment Strategist: Private Wealth at Partners Group, discusses the day's market moves and what to expect from tech investment optimism.