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Technology
BusinessReutersOil nudges higher after Saudi Arabia hikes prices
Oil futures edged up on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil producing region. Brent crude futures climbed 28 cents, or 0.3%, to $83.24 a barrel at 0119 GMT, while U.S. West Texas Intermediate crude futures were at $78.40 a barrel, up 29 cents, or 0.4%. Saudi Arabia raised the official selling prices (OSPs) for its crude sold to Asia, Northwest Europe and the Mediterranean in June, signalling expectations of strong demand this summer.
BusinessBloombergSingtel’s Optus Names Rue as CEO as It Seeks to Rebuild Trust
(Bloomberg) -- Singapore Telecommunications Ltd.’s Australian phone carrier Optus appointed Stephen Rue as chief executive officer with effect from November, it said in a bourse filing Monday. Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in Paris as Macron
BusinessTechCrunchJack Dorsey departs Bluesky board
Bluesky’s most prominent backer has left its board. On Saturday, Jack Dorsey posted on X about grants for open protocols from his philanthropic Start Small initiative. This prompted someone to ask Dorsey if he was still on the Bluesky board, and he responded with a terse “no.” Dorsey did not answer any of the follow-up posts asking him to explain his departure.