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TWICE now, global oil markets have priced in the closure of the Strait of Hormuz, the choke point through which roughly a fifth of the world’s crude and a third of its liquefied natural gas once flowed, and twice they have priced it back out.After the war between the US and Iran began, Brent crude briefly spiked past US$120 a barrel.By June, when a reopened the strait, Brent had fallen to US$72.24, the lowest since the US and Israel attacked Iran on Feb 28.Then, when the ceasefire collapsed in early July and strikes resumed, prices climbed higher to the US$80…

Summary created by Smart Answers AIIn summary:PCWorld reports that Microsoft is integrating Copilot AI deeper into Excel, transforming it from a spreadsheet tool into an AI-powered business reasoning platform.This evolution allows users to perform complex data analysis using plain language commands, making advanced Excel features accessible to all skill levels.The integration aims to shift Excel from merely identifying problems to generating solutions, positioning it as Microsoft’s ultimate decision-making tool for businesses. Brian Jones, the lead for Excel at Microsoft, took to X/Twitter this week to address the future of Excel, and specifically the integration of Microsoft’s Copilot AI and Excel…

Bread is one of those foods people often think they need to avoid when trying to lose weight. But then you look at the shelves and it gets confusing very quickly. One loaf says whole grain, another says brown, another says sourdough, and then there are low-calorie options too. So which one should you choose if you want to lose weight? The answer is not as simple as picking the loaf with the fewest calories. A bread can sound healthy or seem like the lighter option, but that does not always make it the best choice for weight loss. In…

Team USA received criticism throughout the 2026 World Baseball Classic, including some opining that they didn’t show enough emotion for their country (e.g., Venezuela’s profound reaction to winning the tournament and the Dominican Republic’s infectious enthusiasm from pool play through their eventual semifinal-round loss to the United States). San Francisco Giants star right-hander Logan Webb is “not a fan” of the negative notion surrounding Team USA.”I feel like there’s a narrative that we didn’t care,” Webb said about Team USA’s detractors on Thursday. “That’s complete bulls—. I think we probably cared the most out of every team, to be honest with…

TOKYO, July 22 : Japan’s imports jumped to a record high in June, government data showed on Wednesday, as a weak yen and soaring oil prices drove up import costs and inflation, leaving the central bank in a policy bind. The swelling import bill has become a growing concern for policymakers, with the yen’s weakness amplifying inflationary pressures even as officials seek to safeguard a fragile economic recovery.The Bank of Japan is widely expected to leave interest rates unchanged at next week’s policy meeting. But the central bank is likely to maintain its tightening bias, as the combination of a…

Generic drug makers will have two years to move production to the US or face a 100% import duty from August 2028Published Wed, Jul 22, 2026 · 10:23 AM[LOS ANGELES] Generic drug manufacturers will have two years to move production to the US or face a 100 per cent import duty from August 2028, US President Donald Trump said in a social media post on Tuesday (Jul 21).That levy would then double a year later, to 200 per cent, in August 2029.“This is done in order to RESHORE Generic Pharmaceutical Production into America, with a penalty to those Companies that…

​ SINGAPORE, July 22, 2026 /PRNewswire/ — DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, is set to unveil the sixth and final tower of Chelsea Residences by DAMAC at the Jubilee Ballroom of Raffles Singapore on 23 July, following the exceptional sell-out performance of the first five towers.    Chelsea Residences by DAMAC Developed in partnership with Chelsea Football Club, the landmark project has seen strong demand from investors and end-users, reinforcing the appeal of its waterfront location, branded residential proposition and lifestyle-led design. The launch of the final tower now presents…

Big Noon Kickoff couldn’t be the show it is without the people. From Dave Portnoy’s passion to Tom Rinaldi’s storytelling, those people make the memories possible and give us moments like pump-up speeches, high-stakes bets and feel-good segments. Looking back on this year of the FOX Sports college football Saturday pregame show, here are our favorite Big Noon Kickoff moments from this season. [Let’s Debate: 9 Best College Football Players Entering the Transfer Portal]10. Dave Portnoy’s Michigan JacketPortnoy got creative with his pregame outfit before the Michigan-Ohio State game. He purchased a checkered jacket from University Vintage, a store on Michigan’s campus. “I…

A worker inspects a toilet unit at a Toto Ltd. plant in Kitakyushu, Fukuoka Prefecture, Japan, on Thursday, May 28, 2026.Bloomberg | Bloomberg | Getty ImagesAt a time when investor attention has been on the semiconductor industry, some hidden gems with businesses quite dissimilar to high tech have turned out to be market winners, riding the AI boom.Toto is best known for high-end toilets, Nittobo makes textiles and glass fiber, and Ajinomoto makes MSG seasoning. Their shares have gained 78%, 63% and 61%, respectively, this year, as they make use of their core technologies to benefit from the AI supply…

The move is to strengthen the country’s balance of payments and boost capital inflowsPublished Mon, Jul 20, 2026 · 10:59 PM[MUMBAI] India’s central bank has attracted more than US$20 billion under a set of measures announced to strengthen the country’s balance of payments and boost capital inflows, the Reserve Bank of India said on Monday (Jul 20), about a month after the steps were unveiled.The RBI in June announced a series of foreign exchange measures, including concessional hedging facilities and swap arrangements, to encourage overseas fundraising by state-run firms, banks and through foreign currency non-resident deposits.The crisis-era steps came against…