ADNOC Logistics Profits Quadruple to $951 Million Amid Hormuz Shipping Risks

Semafor · first seen 11.08.2026

ADNOC Logistics & Services reported that its second-quarter profit quadrupled to $951 million, benefiting from higher shipping rates driven by geopolitical risks in the Strait of Hormuz.

Sources

Semafor — Hormuz risk pays off for shippers as profits soar

Also in the feed that day

Business

IEA warns of oil demand destruction as Strait of Hormuz disruptions continue

CNBC · The Independent

Business

Nvidia Taps Wall Street for $500 Billion Customer Debt Pools

Fortune · Yahoo Finance

Business

NATO Incorporates AI and Drones into Eastern Flank Defense

Business Insider

Business

Great Britain faces power shortfall during solar eclipse

The Guardian

Business

China's COMAC C919 completes first scheduled international commercial flight

CNBC · The Guardian

Business

PitchBook Q2 data shows 87.5 percent of venture capital went to AI

Fortune

Business

Spotify to introduce labels for AI-generated artists and exclude them from recommendations

BBC

Business

Consumer prices rose 0.1% in July, keeping annual rate at 3.4%

BBC · CNBC · CoinDesk · 6 sources

Business

Major US Companies Quietly Eliminate Board Diversity Rules

Fortune

Business

Only 20 of 6,600 Defra staff working on climate adaptation in England

The Guardian

Business

Assessment finds mass AI job apocalypse has not materialized

The Guardian

Business

European heatwaves strain nuclear power generation with potential shutdowns

CNBC

Business

Norway's $2.3 Trillion Sovereign Wealth Fund CEO Warns of Tougher Times Ahead

CNBC

Business

Swiss Re Warns of Chronic Heat Risk in Europe Due to Low AC Adoption

Fortune

Business

France Imposes Ban on Unsolicited Telemarketing Calls

BBC

Business

Citadel Securities warns of leverage buildup as market rises

MarketWatch

Business

Apple to launch new iPhones with long-promised improved Siri next month

Business Insider

Business

Spotify Asks Creators to Label AI-Generated Songs

Fortune

Business

Brown-Forman Rejects Sazerac's $15 Billion Takeover Bid Again

Yahoo Finance

Business

GE Vernova reinvents itself amid a 600 percent stock spike

Fortune

Business

CoreWeave surges 16% on strong revenue quarter driven by AI infrastructure

CoinDesk

Business

Nielsen acquires DoubleVerify for $2 billion to expand advertiser services

Business Insider

Business

Dow Jones Futures Rise Ahead of CPI Inflation Data as AI Stocks Rally

Yahoo Finance

Business

Goldman Sachs to acquire ETF provider Neos for $2.3 billion

Yahoo Finance

Business

Burnham warns Middle East conflict and Iran war threat could impact UK growth

BBC

Business

Booking CEO warns of AI's human cost and mandates employee literacy

Business Insider

Business

The Gulf's AI ambition drives regional data infrastructure investments

Fortune

Business

Accel allocates $800 million to deepen Europe presence

Yahoo Finance

Business

The $30 Trillion Treasury Market Faces Rising Yield Pressures

MarketWatch

Business

CoreWeave Surges Following Q2 Revenue Doubling

CNBC

Business

Eli Lilly Sues Pharmacies and Peptide Vendors Over Retatrutide

MarketWatch · STAT News

Business

Steve and Connie Ballmer to Split $8 Billion Philanthropy Into Three Independent Nonprofits

Fortune