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NewsorgaDaily brief

2026-05-11All stories Headlines Search Latest

Business

Reporting and analysis from the business desk, grouped by publication day.24 stories indexed

2026-05-11

2 stories

A faceted vivid-blue gemstone laid on a pale surface — illustrative imagery of the 41.82-carat Type IIb fancy blue diamond recovered at South Africa's Cullinan Mine and announced by Petra Diamonds on January 13, 2026, which the AIM-listed miner has now sold via competitive tender as disclosed in its Q3 FY 2026 results in early April 2026.

2026-05-1111 min read

Petra sells 41.82ct Cullinan Type IIb blue diamond via tender — Africa-shaped gem rated 'most important of the decade'

By Newsorga business desk

High-rise glass towers of a major financial district seen from street level — illustrative imagery of the global wealth concentration captured by the Forbes 40th annual World's Billionaires List published March 10, 2026, which recorded 3,428 billionaires worth a combined $20.1 trillion.

2026-05-1111 min read

390 new billionaires on Forbes 2026 list: Beyoncé, Dr. Dre, Federer, Surya Midha and the 86 AI fortunes behind it

By Newsorga desk

2026-05-10

9 stories

Singapore Marina Bay skyline at dusk with the Sands integrated resort and downtown financial district lit up, illustrative backdrop for the Milken Institute's 2026 Global Opportunity Index in which Singapore ranks 7th globally

2026-05-1012 min read

Singapore 7th, Malaysia 23rd: Milken's 2026 Global Opportunity Index ranks Southeast Asia

By maya rao

London skyline with Tower Bridge across the Thames and the Shard rising over the South Bank, illustrative backdrop for Site Selection magazine's 2026 Global Best to Invest ranking in which London tops the metro chart and the United Kingdom places No. 1 among countries

2026-05-1013 min read

UK, US and Canada top Site Selection's 2026 Global Best to Invest; Saudi Arabia jumps 11 places

By maya rao

Crude oil tankers anchored at sea, illustrative of the Strait of Hormuz shipping disruption now ranked by the World Bank as the largest oil supply shock on record

2026-05-1010 min read

World Bank: Hormuz war is biggest oil supply shock on record, Brent risk runs to $115 a barrel

By maya rao

Wall Street office building facades and Lower Manhattan skyline, illustrative backdrop for the JPMorgan Chase Leveraged Finance harassment lawsuit

2026-05-109 min read

JPMorgan executive Lorna Hajdini sued by ex-banker Chirayu Rana on April 27, then complaint pulled for 'correction': what is alleged, what is denied, what is unresolved

By maya rao

Tankers at sea conceptualising the Hormuz oil supply chain that frames Modi's fuel restraint appeal

2026-05-109 min read

PM Modi urges India to use petrol, diesel and gas with 'great restraint' as Hormuz blockade lifts global fuel prices

By maya rao

Conference table with documents, charts and pens, illustrating bilateral economic and trade negotiations

2026-05-108 min read

He Lifeng to meet Bessent in Seoul on May 12-13 as China and the US test their post-Busan trade truce

By maya rao

World map puzzle on wooden background—conceptual metaphor for jurisdictional comparison and incorporation strategy planning, not a financial product advertisement

2026-05-1017 min read

Is China the best place to open a business? A global comparator on ease, wages, talent, and ecosystems

By Marisol Vega

Seal of the U.S. Department of Justice—editorial context for federal health-care fraud sentencing

2026-05-109 min read

Joel Rufus French sentenced to 196 months in $197M Medicare and CHAMPVA orthotic-brace fraud

By marcus bell

2026-05-1010 min read

Five Guys closing stores in 2026? Layoffs, California shutdown dates, and why the chain isn’t disappearing

By priya nandakumar

2026-05-09

1 story

New York State Capitol building in Albany during daytime

2026-05-0911 min read

New York's $268 billion budget: what is in the deal, what is still open, and who is affected

By maya rao